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 31 industry peers in the Household Durables industry. Both the profitability and the financial health of SAB get a neutral evaluation. Nothing too spectacular is happening here. SAB has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
SAB had positive earnings in the past year.
In the past year SAB had a positive cash flow from operations.
SAB had positive earnings in each of the past 5 years.
SAB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SAB has a Return On Assets of 3.51%. This is comparable to the rest of the industry: SAB outperforms 51.61% of its industry peers.
SAB has a Return On Equity of 7.48%. This is comparable to the rest of the industry: SAB outperforms 41.94% of its industry peers.
SAB's Return On Invested Capital of 7.04% is in line compared to the rest of the industry. SAB outperforms 48.39% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SAB is significantly below the industry average of 16.65%.
The 3 year average ROIC (4.16%) for SAB is below the current ROIC(7.04%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.51% | ||
| ROE | 7.48% | ||
| ROIC | 7.04% |
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
SAB's Profit Margin of 2.93% is on the low side compared to the rest of the industry. SAB is outperformed by 61.29% of its industry peers.
In the last couple of years the Profit Margin of SAB has declined.
SAB has a Operating Margin (6.96%) which is comparable to the rest of the industry.
SAB's Operating Margin has been stable in the last couple of years.
SAB's Gross Margin of 54.41% is fine compared to the rest of the industry. SAB outperforms 70.97% of its industry peers.
SAB's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.96% | ||
| PM (TTM) | 2.93% | ||
| GM | 54.41% |
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
SAB has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
SAB has about the same amout of shares outstanding than it did 1 year ago.
SAB has more shares outstanding than it did 5 years ago.
SAB has a better debt/assets ratio than last year.
2.2 Solvency
SAB has an Altman-Z score of 2.95. This is not the best score and indicates that SAB is in the grey zone with still only limited risk for bankruptcy at the moment.
SAB's Altman-Z score of 2.95 is fine compared to the rest of the industry. SAB outperforms 77.42% of its industry peers.
The Debt to FCF ratio of SAB is 8.08, which is on the high side as it means it would take SAB, 8.08 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of SAB (8.08) is comparable to the rest of the industry.
SAB has a Debt/Equity ratio of 0.46. This is a healthy value indicating a solid balance between debt and equity.
SAB's Debt to Equity ratio of 0.46 is in line compared to the rest of the industry. SAB outperforms 51.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 8.08 | ||
| Altman-Z | 2.95 |
ROIC/WACC1.11
WACC6.37%
2.3 Liquidity
SAB has a Current Ratio of 1.62. This is a normal value and indicates that SAB is financially healthy and should not expect problems in meeting its short term obligations.
SAB's Current ratio of 1.62 is in line compared to the rest of the industry. SAB outperforms 51.61% of its industry peers.
SAB has a Quick Ratio of 1.04. This is a normal value and indicates that SAB is financially healthy and should not expect problems in meeting its short term obligations.
SAB has a Quick ratio of 1.04. This is in the better half of the industry: SAB outperforms 70.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.62 | ||
| Quick Ratio | 1.04 |
3. Growth
3.1 Past
SAB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 151.73%, which is quite impressive.
SAB shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -8.69% yearly.
The Revenue has grown by 16.26% in the past year. This is quite good.
SAB shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.83% yearly.
EPS 1Y (TTM)151.73%
EPS 3Y-36.2%
EPS 5Y-8.69%
EPS Q2Q%-131.16%
Revenue 1Y (TTM)16.26%
Revenue growth 3Y2.69%
Revenue growth 5Y12.83%
Sales Q2Q%8.86%
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
With a Price/Earnings ratio of 15.23, SAB is valued correctly.
Based on the Price/Earnings ratio, SAB is valued a bit more expensive than the industry average as 61.29% of the companies are valued more cheaply.
When comparing the Price/Earnings ratio of SAB to the average of the S&P500 Index (24.85), we can say SAB is valued slightly cheaper.
SAB is valuated reasonably with a Price/Forward Earnings ratio of 10.44.
SAB's Price/Forward Earnings is on the same level as the industry average.
SAB's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 20.89.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.23 | ||
| Fwd PE | 10.44 |
4.2 Price Multiples
SAB's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. SAB is cheaper than 74.19% of the companies in the same industry.
SAB's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. SAB is more expensive than 61.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.12 | ||
| EV/EBITDA | 4.45 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as SAB's earnings are expected to grow with 15.66% in the coming years.
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 3.89%.
SAB's Dividend Yield is a higher than the industry average which is at 4.83.
SAB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.89% |
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
SAB pays out 69.89% of its income as dividend. This is not a sustainable payout ratio.
SAB's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP69.89%
EPS Next 2Y18.46%
EPS Next 3Y15.66%
BIT:SAB (5/15/2025, 5:15:46 PM)
15.075
+0.35 (+2.38%)
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 Cap191.30M
Analysts84
Price Target22.44 (48.86%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.89% |
Yearly Dividend0.7
Dividend Growth(5Y)5.14%
DP69.89%
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)-10.62%
EPS NY rev (3m)-10.62%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.2%
Revenue NY rev (3m)0.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.23 | ||
| Fwd PE | 10.44 | ||
| P/S | 0.45 | ||
| P/FCF | 16.12 | ||
| P/OCF | 7.08 | ||
| P/B | 1.15 | ||
| P/tB | 1.81 | ||
| EV/EBITDA | 4.45 |
EPS(TTM)0.99
EY6.57%
EPS(NY)1.44
Fwd EY9.58%
FCF(TTM)0.94
FCFY6.21%
OCF(TTM)2.13
OCFY14.13%
SpS33.35
BVpS13.07
TBVpS8.33
PEG (NY)0.86
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.51% | ||
| ROE | 7.48% | ||
| ROCE | 12.02% | ||
| ROIC | 7.04% | ||
| ROICexc | 8.1% | ||
| ROICexgc | 11.08% | ||
| OM | 6.96% | ||
| PM (TTM) | 2.93% | ||
| GM | 54.41% | ||
| FCFM | 2.81% |
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 Turnover1.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 8.08 | ||
| Debt/EBITDA | 1.44 | ||
| Cap/Depr | 66.12% | ||
| Cap/Sales | 3.58% | ||
| Interest Coverage | 7.72 | ||
| Cash Conversion | 51.62% | ||
| Profit Quality | 95.77% | ||
| Current Ratio | 1.62 | ||
| Quick Ratio | 1.04 | ||
| Altman-Z | 2.95 |
F-Score8
WACC6.37%
ROIC/WACC1.11
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)151.73%
EPS 3Y-36.2%
EPS 5Y-8.69%
EPS Q2Q%-131.16%
EPS Next Y17.7%
EPS Next 2Y18.46%
EPS Next 3Y15.66%
EPS Next 5YN/A
Revenue 1Y (TTM)16.26%
Revenue growth 3Y2.69%
Revenue growth 5Y12.83%
Sales Q2Q%8.86%
Revenue Next Year6.39%
Revenue Next 2Y5.46%
Revenue Next 3Y4.86%
Revenue Next 5Y4.19%
EBIT growth 1Y78.69%
EBIT growth 3Y-17.71%
EBIT growth 5Y11.88%
EBIT Next Year110.94%
EBIT Next 3Y34.5%
EBIT Next 5Y23.01%
FCF growth 1Y-58.41%
FCF growth 3YN/A
FCF growth 5Y-7.59%
OCF growth 1Y-43.75%
OCF growth 3Y16.9%
OCF growth 5Y-2.15%