STANDEX INTERNATIONAL CORP (SXI) Stock Fundamental Analysis
NYSE:SXI - New York Stock Exchange, Inc. - US8542311076 - Common Stock - Currency: USD
SXI gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 128 industry peers in the Machinery industry. SXI has an average financial health and profitability rating. SXI is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
SXI had positive earnings in the past year.
SXI had a positive operating cash flow in the past year.
SXI had positive earnings in each of the past 5 years.
In the past 5 years SXI always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.89%, SXI is in line with its industry, outperforming 46.09% of the companies in the same industry.
Looking at the Return On Equity, with a value of 8.81%, SXI is in line with its industry, outperforming 51.56% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 6.42%, SXI is in line with its industry, outperforming 43.75% of the companies in the same industry.
SXI had an Average Return On Invested Capital over the past 3 years of 10.38%. This is in line with the industry average of 10.69%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.89% | ||
| ROE | 8.81% | ||
| ROIC | 6.42% |
ROA(3y)9.13%
ROA(5y)6.67%
ROE(3y)15.64%
ROE(5y)11.7%
ROIC(3y)10.38%
ROIC(5y)9.12%
1.3 Margins
With a decent Profit Margin value of 8.09%, SXI is doing good in the industry, outperforming 64.06% of the companies in the same industry.
In the last couple of years the Profit Margin of SXI has remained more or less at the same level.
With a decent Operating Margin value of 14.92%, SXI is doing good in the industry, outperforming 69.53% of the companies in the same industry.
In the last couple of years the Operating Margin of SXI has grown nicely.
SXI's Gross Margin of 39.21% is fine compared to the rest of the industry. SXI outperforms 72.66% of its industry peers.
SXI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.92% | ||
| PM (TTM) | 8.09% | ||
| GM | 39.21% |
OM growth 3Y9.35%
OM growth 5Y3.51%
PM growth 3Y22.19%
PM growth 5Y-0.9%
GM growth 3Y2.1%
GM growth 5Y1.3%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so SXI is still creating some value.
SXI has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, SXI has less shares outstanding
Compared to 1 year ago, SXI has an improved debt to assets ratio.
2.2 Solvency
SXI has an Altman-Z score of 3.38. This indicates that SXI is financially healthy and has little risk of bankruptcy at the moment.
SXI's Altman-Z score of 3.38 is in line compared to the rest of the industry. SXI outperforms 56.25% of its industry peers.
SXI has a debt to FCF ratio of 15.08. This is a negative value and a sign of low solvency as SXI would need 15.08 years to pay back of all of its debts.
SXI's Debt to FCF ratio of 15.08 is on the low side compared to the rest of the industry. SXI is outperformed by 67.19% of its industry peers.
SXI has a Debt/Equity ratio of 0.84. This is a neutral value indicating SXI is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.84, SXI is doing worse than 73.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | 15.08 | ||
| Altman-Z | 3.38 |
ROIC/WACC0.66
WACC9.67%
2.3 Liquidity
A Current Ratio of 3.40 indicates that SXI has no problem at all paying its short term obligations.
SXI's Current ratio of 3.40 is amongst the best of the industry. SXI outperforms 82.03% of its industry peers.
A Quick Ratio of 2.56 indicates that SXI has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.56, SXI belongs to the top of the industry, outperforming 84.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.4 | ||
| Quick Ratio | 2.56 |
3. Growth
3.1 Past
SXI shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.27%.
SXI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.94% yearly.
The Revenue has been growing slightly by 2.67% in the past year.
Measured over the past years, SXI shows a small growth in Revenue. The Revenue has been growing by 2.40% on average per year.
EPS 1Y (TTM)4.27%
EPS 3Y15.19%
EPS 5Y11.94%
EPS Q2Q%11.43%
Revenue 1Y (TTM)2.67%
Revenue growth 3Y3.17%
Revenue growth 5Y2.4%
Sales Q2Q%17.21%
3.2 Future
SXI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.91% yearly.
Based on estimates for the next years, SXI will show a quite strong growth in Revenue. The Revenue will grow by 9.42% on average per year.
EPS Next Y10.1%
EPS Next 2Y11.76%
EPS Next 3Y12.91%
EPS Next 5YN/A
Revenue Next Year8.42%
Revenue Next 2Y10.64%
Revenue Next 3Y9.42%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 22.28 indicates a rather expensive valuation of SXI.
SXI's Price/Earnings is on the same level as the industry average.
SXI is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.30, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 18.60, SXI is valued on the expensive side.
The rest of the industry has a similar Price/Forward Earnings ratio as SXI.
SXI is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.28 | ||
| Fwd PE | 18.6 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SXI is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SXI indicates a slightly more expensive valuation: SXI is more expensive than 67.19% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 51.3 | ||
| EV/EBITDA | 17.24 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates SXI does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of SXI may justify a higher PE ratio.
SXI's earnings are expected to grow with 12.91% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.21
PEG (5Y)1.87
EPS Next 2Y11.76%
EPS Next 3Y12.91%
5. Dividend
5.1 Amount
SXI has a yearly dividend return of 0.76%, which is pretty low.
Compared to an average industry Dividend Yield of 1.81, SXI has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.37, SXI's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.76% |
5.2 History
On average, the dividend of SXI grows each year by 8.51%, which is quite nice.
SXI has paid a dividend for at least 10 years, which is a reliable track record.
SXI has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.51%
Div Incr Years14
Div Non Decr Years14
5.3 Sustainability
24.33% of the earnings are spent on dividend by SXI. This is a low number and sustainable payout ratio.
SXI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP24.33%
EPS Next 2Y11.76%
EPS Next 3Y12.91%
163.29
-3.35 (-2.01%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners96.69%
Inst Owner Change-0.03%
Ins Owners1.49%
Ins Owner Change-2.29%
Market Cap1.97B
Analysts84.44
Price Target198.9 (21.81%)
Short Float %2.47%
Short Ratio2.91
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.76% |
Yearly Dividend1.18
Dividend Growth(5Y)8.51%
DP24.33%
Div Incr Years14
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.2%
Min EPS beat(2)0.82%
Max EPS beat(2)13.58%
EPS beat(4)3
Avg EPS beat(4)3.68%
Min EPS beat(4)-0.7%
Max EPS beat(4)13.58%
EPS beat(8)7
Avg EPS beat(8)3.52%
EPS beat(12)11
Avg EPS beat(12)3.59%
EPS beat(16)15
Avg EPS beat(16)3.76%
Revenue beat(2)1
Avg Revenue beat(2)-0.05%
Min Revenue beat(2)-0.81%
Max Revenue beat(2)0.72%
Revenue beat(4)1
Avg Revenue beat(4)-2.16%
Min Revenue beat(4)-6.95%
Max Revenue beat(4)0.72%
Revenue beat(8)2
Avg Revenue beat(8)-1.81%
Revenue beat(12)5
Avg Revenue beat(12)-1.23%
Revenue beat(16)9
Avg Revenue beat(16)-0.33%
PT rev (1m)0%
PT rev (3m)-12.26%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-11.29%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.12%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.85%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.28 | ||
| Fwd PE | 18.6 | ||
| P/S | 2.63 | ||
| P/FCF | 51.3 | ||
| P/OCF | 30.46 | ||
| P/B | 2.87 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.24 |
EPS(TTM)7.33
EY4.49%
EPS(NY)8.78
Fwd EY5.38%
FCF(TTM)3.18
FCFY1.95%
OCF(TTM)5.36
OCFY3.28%
SpS61.99
BVpS56.91
TBVpS-12.48
PEG (NY)2.21
PEG (5Y)1.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.89% | ||
| ROE | 8.81% | ||
| ROCE | 7.91% | ||
| ROIC | 6.42% | ||
| ROICexc | 6.96% | ||
| ROICexgc | 19.51% | ||
| OM | 14.92% | ||
| PM (TTM) | 8.09% | ||
| GM | 39.21% | ||
| FCFM | 5.13% |
ROA(3y)9.13%
ROA(5y)6.67%
ROE(3y)15.64%
ROE(5y)11.7%
ROIC(3y)10.38%
ROIC(5y)9.12%
ROICexc(3y)12.64%
ROICexc(5y)11.02%
ROICexgc(3y)25.49%
ROICexgc(5y)22.94%
ROCE(3y)12.8%
ROCE(5y)11.24%
ROICexcg growth 3Y6.45%
ROICexcg growth 5Y1.12%
ROICexc growth 3Y10.64%
ROICexc growth 5Y4.92%
OM growth 3Y9.35%
OM growth 5Y3.51%
PM growth 3Y22.19%
PM growth 5Y-0.9%
GM growth 3Y2.1%
GM growth 5Y1.3%
F-Score4
Asset Turnover0.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | 15.08 | ||
| Debt/EBITDA | 4.03 | ||
| Cap/Depr | 81.4% | ||
| Cap/Sales | 3.51% | ||
| Interest Coverage | 7.83 | ||
| Cash Conversion | 44.96% | ||
| Profit Quality | 63.48% | ||
| Current Ratio | 3.4 | ||
| Quick Ratio | 2.56 | ||
| Altman-Z | 3.38 |
F-Score4
WACC9.67%
ROIC/WACC0.66
Cap/Depr(3y)79.27%
Cap/Depr(5y)73.98%
Cap/Sales(3y)3.11%
Cap/Sales(5y)3.24%
Profit Quality(3y)78.19%
Profit Quality(5y)106.28%
High Growth Momentum
Growth
EPS 1Y (TTM)4.27%
EPS 3Y15.19%
EPS 5Y11.94%
EPS Q2Q%11.43%
EPS Next Y10.1%
EPS Next 2Y11.76%
EPS Next 3Y12.91%
EPS Next 5YN/A
Revenue 1Y (TTM)2.67%
Revenue growth 3Y3.17%
Revenue growth 5Y2.4%
Sales Q2Q%17.21%
Revenue Next Year8.42%
Revenue Next 2Y10.64%
Revenue Next 3Y9.42%
Revenue Next 5YN/A
EBIT growth 1Y-1.13%
EBIT growth 3Y12.82%
EBIT growth 5Y6%
EBIT Next Year49.02%
EBIT Next 3Y25.05%
EBIT Next 5YN/A
FCF growth 1Y-26.65%
FCF growth 3Y5.38%
FCF growth 5Y13.17%
OCF growth 1Y-18.88%
OCF growth 3Y3.5%
OCF growth 5Y4.78%