SABAF SPA (SAB.MI) Stock Fundamental Analysis
BIT:SAB - Euronext Milan - IT0001042610 - Common Stock - Currency: EUR
We assign a fundamental rating of 5 out of 10 to SAB. SAB was compared to 33 industry peers in the Household Durables industry. SAB has only an average score on both its financial health and profitability. SAB has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year SAB was profitable.
In the past year SAB had a positive cash flow from operations.
In the past 5 years SAB has always been profitable.
SAB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SAB has a Return On Assets of 3.32%. This is in the better half of the industry: SAB outperforms 60.61% of its industry peers.
Looking at the Return On Equity, with a value of 7.30%, SAB is in line with its industry, outperforming 51.52% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 7.11%, SAB is in line with its industry, outperforming 57.58% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for SAB is significantly below the industry average of 14.77%.
The last Return On Invested Capital (7.11%) for SAB is above the 3 year average (4.16%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.32% | ||
| ROE | 7.3% | ||
| ROIC | 7.11% |
ROA(3y)2.48%
ROA(5y)4.1%
ROE(3y)5.29%
ROE(5y)9.58%
ROIC(3y)4.16%
ROIC(5y)6%
1.3 Margins
Looking at the Profit Margin, with a value of 2.78%, SAB is in line with its industry, outperforming 42.42% of the companies in the same industry.
In the last couple of years the Profit Margin of SAB has declined.
With a Operating Margin value of 6.66%, SAB perfoms like the industry average, outperforming 51.52% of the companies in the same industry.
In the last couple of years the Operating Margin of SAB has remained more or less at the same level.
SAB has a Gross Margin of 54.14%. This is in the better half of the industry: SAB outperforms 72.73% of its industry peers.
SAB's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.66% | ||
| PM (TTM) | 2.78% | ||
| GM | 54.14% |
OM growth 3Y-19.86%
OM growth 5Y-0.84%
PM growth 3Y-35.56%
PM growth 5Y-17.5%
GM growth 3Y-2.09%
GM growth 5Y-1.45%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), SAB is creating some value.
Compared to 1 year ago, SAB has about the same amount of shares outstanding.
Compared to 5 years ago, SAB has more shares outstanding
SAB has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.95 indicates that SAB is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.95, SAB is in the better half of the industry, outperforming 75.76% of the companies in the same industry.
SAB has a debt to FCF ratio of 3.97. This is a good value and a sign of high solvency as SAB would need 3.97 years to pay back of all of its debts.
SAB has a better Debt to FCF ratio (3.97) than 72.73% of its industry peers.
A Debt/Equity ratio of 0.41 indicates that SAB is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.41, SAB is in line with its industry, outperforming 54.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 3.97 | ||
| Altman-Z | 2.95 |
ROIC/WACC1.12
WACC6.36%
2.3 Liquidity
A Current Ratio of 1.62 indicates that SAB should not have too much problems paying its short term obligations.
SAB has a Current ratio of 1.62. This is comparable to the rest of the industry: SAB outperforms 51.52% of its industry peers.
A Quick Ratio of 1.06 indicates that SAB should not have too much problems paying its short term obligations.
SAB has a better Quick ratio (1.06) than 75.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.62 | ||
| Quick Ratio | 1.06 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 18.27% over the past year.
The Earnings Per Share has been decreasing by -8.69% on average over the past years.
The Revenue has grown by 14.19% in the past year. This is quite good.
Measured over the past years, SAB shows a quite strong growth in Revenue. The Revenue has been growing by 12.83% on average per year.
EPS 1Y (TTM)18.27%
EPS 3Y-36.2%
EPS 5Y-8.69%
EPS Q2Q%-11.25%
Revenue 1Y (TTM)14.19%
Revenue growth 3Y2.69%
Revenue growth 5Y12.83%
Sales Q2Q%6.95%
3.2 Future
Based on estimates for the next years, SAB will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.66% on average per year.
SAB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.19% yearly.
EPS Next Y17.7%
EPS Next 2Y18.46%
EPS Next 3Y15.66%
EPS Next 5YN/A
Revenue Next Year6.39%
Revenue Next 2Y5.46%
Revenue Next 3Y4.86%
Revenue Next 5Y4.19%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
SAB is valuated correctly with a Price/Earnings ratio of 15.21.
The rest of the industry has a similar Price/Earnings ratio as SAB.
When comparing the Price/Earnings ratio of SAB to the average of the S&P500 Index (26.43), we can say SAB is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 8.48, the valuation of SAB can be described as reasonable.
66.67% of the companies in the same industry are more expensive than SAB, based on the Price/Forward Earnings ratio.
SAB's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.17.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.21 | ||
| Fwd PE | 8.48 |
4.2 Price Multiples
SAB's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. SAB is cheaper than 72.73% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, SAB is valued cheaply inside the industry as 81.82% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.65 | ||
| EV/EBITDA | 4.68 |
4.3 Compensation for Growth
SAB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SAB's earnings are expected to grow with 15.66% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.86
PEG (5Y)N/A
EPS Next 2Y18.46%
EPS Next 3Y15.66%
5. Dividend
5.1 Amount
SAB has a Yearly Dividend Yield of 3.88%.
SAB's Dividend Yield is a higher than the industry average which is at 4.41.
Compared to an average S&P500 Dividend Yield of 2.38, SAB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.88% |
5.2 History
The dividend of SAB has a limited annual growth rate of 5.14%.
Dividend Growth(5Y)5.14%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
68.90% of the earnings are spent on dividend by SAB. This is not a sustainable payout ratio.
SAB's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP68.9%
EPS Next 2Y18.46%
EPS Next 3Y15.66%
BIT:SAB (6/5/2025, 4:30:02 PM)
14.6
-0.1 (-0.68%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners39.79%
Inst Owner ChangeN/A
Ins Owners17.86%
Ins Owner ChangeN/A
Market Cap185.27M
Analysts84
Price Target22.44 (53.7%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.88% |
Yearly Dividend0.7
Dividend Growth(5Y)5.14%
DP68.9%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-10.62%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.21 | ||
| Fwd PE | 8.48 | ||
| P/S | 0.43 | ||
| P/FCF | 7.65 | ||
| P/OCF | 4.7 | ||
| P/B | 1.14 | ||
| P/tB | 1.78 | ||
| EV/EBITDA | 4.68 |
EPS(TTM)0.96
EY6.58%
EPS(NY)1.72
Fwd EY11.79%
FCF(TTM)1.91
FCFY13.07%
OCF(TTM)3.1
OCFY21.26%
SpS33.72
BVpS12.86
TBVpS8.2
PEG (NY)0.86
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.32% | ||
| ROE | 7.3% | ||
| ROCE | 11.54% | ||
| ROIC | 7.11% | ||
| ROICexc | 8.36% | ||
| ROICexgc | 11.63% | ||
| OM | 6.66% | ||
| PM (TTM) | 2.78% | ||
| GM | 54.14% | ||
| FCFM | 5.66% |
ROA(3y)2.48%
ROA(5y)4.1%
ROE(3y)5.29%
ROE(5y)9.58%
ROIC(3y)4.16%
ROIC(5y)6%
ROICexc(3y)4.7%
ROICexc(5y)6.99%
ROICexgc(3y)6.28%
ROICexgc(5y)9.17%
ROCE(3y)6.97%
ROCE(5y)10.13%
ROICexcg growth 3Y-22.14%
ROICexcg growth 5Y4.07%
ROICexc growth 3Y-24.27%
ROICexc growth 5Y5.33%
OM growth 3Y-19.86%
OM growth 5Y-0.84%
PM growth 3Y-35.56%
PM growth 5Y-17.5%
GM growth 3Y-2.09%
GM growth 5Y-1.45%
F-Score8
Asset Turnover1.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 3.97 | ||
| Debt/EBITDA | 1.28 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 7.9 | ||
| Cash Conversion | 75.66% | ||
| Profit Quality | 203.27% | ||
| Current Ratio | 1.62 | ||
| Quick Ratio | 1.06 | ||
| Altman-Z | 2.95 |
F-Score8
WACC6.36%
ROIC/WACC1.12
Cap/Depr(3y)95.16%
Cap/Depr(5y)107.52%
Cap/Sales(3y)7.44%
Cap/Sales(5y)8.28%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)18.27%
EPS 3Y-36.2%
EPS 5Y-8.69%
EPS Q2Q%-11.25%
EPS Next Y17.7%
EPS Next 2Y18.46%
EPS Next 3Y15.66%
EPS Next 5YN/A
Revenue 1Y (TTM)14.19%
Revenue growth 3Y2.69%
Revenue growth 5Y12.83%
Sales Q2Q%6.95%
Revenue Next Year6.39%
Revenue Next 2Y5.46%
Revenue Next 3Y4.86%
Revenue Next 5Y4.19%
EBIT growth 1Y43.07%
EBIT growth 3Y-17.71%
EBIT growth 5Y11.88%
EBIT Next Year101.57%
EBIT Next 3Y32.87%
EBIT Next 5Y23.01%
FCF growth 1Y342.44%
FCF growth 3YN/A
FCF growth 5Y-7.59%
OCF growth 1Y41.77%
OCF growth 3Y16.9%
OCF growth 5Y-2.15%