STROEER SE & CO KGAA (SAX.DE) Stock Fundamental Analysis
FRA:SAX - Deutsche Boerse Ag - DE0007493991 - Common Stock - Currency: EUR
Taking everything into account, SAX scores 5 out of 10 in our fundamental rating. SAX was compared to 66 industry peers in the Media industry. While SAX has a great profitability rating, there are quite some concerns on its financial health. SAX is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year SAX was profitable.
In the past year SAX had a positive cash flow from operations.
SAX had positive earnings in each of the past 5 years.
SAX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SAX has a Return On Assets of 4.89%. This is in the better half of the industry: SAX outperforms 74.24% of its industry peers.
The Return On Equity of SAX (29.22%) is better than 89.39% of its industry peers.
SAX has a Return On Invested Capital of 9.57%. This is amongst the best in the industry. SAX outperforms 86.36% of its industry peers.
SAX had an Average Return On Invested Capital over the past 3 years of 8.47%. This is in line with the industry average of 8.01%.
The last Return On Invested Capital (9.57%) for SAX is above the 3 year average (8.47%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.89% | ||
| ROE | 29.22% | ||
| ROIC | 9.57% |
ROA(3y)4.37%
ROA(5y)3.79%
ROE(3y)26.75%
ROE(5y)22.7%
ROIC(3y)8.47%
ROIC(5y)7.11%
1.3 Margins
SAX has a Profit Margin of 6.69%. This is in the better half of the industry: SAX outperforms 71.21% of its industry peers.
SAX's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 13.67%, SAX belongs to the top of the industry, outperforming 87.88% of the companies in the same industry.
SAX's Operating Margin has improved in the last couple of years.
SAX has a Gross Margin of 43.94%. This is in the lower half of the industry: SAX underperforms 60.61% of its industry peers.
In the last couple of years the Gross Margin of SAX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.67% | ||
| PM (TTM) | 6.69% | ||
| GM | 43.94% |
OM growth 3Y8.14%
OM growth 5Y7.17%
PM growth 3Y-5.22%
PM growth 5Y12.78%
GM growth 3Y3.16%
GM growth 5Y4.26%
2. Health
2.1 Basic Checks
SAX has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for SAX has been increased compared to 1 year ago.
The number of shares outstanding for SAX has been reduced compared to 5 years ago.
Compared to 1 year ago, SAX has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.43, we must say that SAX is in the distress zone and has some risk of bankruptcy.
SAX has a Altman-Z score (1.43) which is comparable to the rest of the industry.
The Debt to FCF ratio of SAX is 5.00, which is a neutral value as it means it would take SAX, 5.00 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 5.00, SAX is in the better half of the industry, outperforming 60.61% of the companies in the same industry.
A Debt/Equity ratio of 3.02 is on the high side and indicates that SAX has dependencies on debt financing.
The Debt to Equity ratio of SAX (3.02) is worse than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.02 | ||
| Debt/FCF | 5 | ||
| Altman-Z | 1.43 |
ROIC/WACC1.74
WACC5.51%
2.3 Liquidity
A Current Ratio of 0.53 indicates that SAX may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.53, SAX is doing worse than 84.85% of the companies in the same industry.
SAX has a Quick Ratio of 0.53. This is a bad value and indicates that SAX is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.47, SAX is doing worse than 86.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.53 | ||
| Quick Ratio | 0.47 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 22.81% over the past year.
The Earnings Per Share has been decreasing by -5.06% on average over the past years.
The Revenue has been growing slightly by 5.67% in the past year.
The Revenue has been growing slightly by 5.17% on average over the past years.
EPS 1Y (TTM)22.81%
EPS 3Y3.1%
EPS 5Y-5.06%
EPS Q2Q%-31.82%
Revenue 1Y (TTM)5.67%
Revenue growth 3Y7.95%
Revenue growth 5Y5.17%
Sales Q2Q%4.86%
3.2 Future
SAX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.24% yearly.
Based on estimates for the next years, SAX will show a small growth in Revenue. The Revenue will grow by 6.23% on average per year.
EPS Next Y28.21%
EPS Next 2Y23.6%
EPS Next 3Y19.24%
EPS Next 5YN/A
Revenue Next Year6.82%
Revenue Next 2Y6.78%
Revenue Next 3Y6.6%
Revenue Next 5Y6.23%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 17.39, which indicates a rather expensive current valuation of SAX.
SAX's Price/Earnings is on the same level as the industry average.
SAX is valuated rather cheaply when we compare the Price/Earnings ratio to 27.41, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 11.11, which indicates a very decent valuation of SAX.
Based on the Price/Forward Earnings ratio, SAX is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
SAX's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 35.19.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.39 | ||
| Fwd PE | 11.11 |
4.2 Price Multiples
SAX's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, SAX is valued a bit cheaper than 68.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.65 | ||
| EV/EBITDA | 7.31 |
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.
The excellent profitability rating of SAX may justify a higher PE ratio.
SAX's earnings are expected to grow with 19.24% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.62
PEG (5Y)N/A
EPS Next 2Y23.6%
EPS Next 3Y19.24%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.53%, SAX is a good candidate for dividend investing.
SAX's Dividend Yield is a higher than the industry average which is at 5.29.
Compared to an average S&P500 Dividend Yield of 2.35, SAX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.53% |
5.2 History
The dividend of SAX decreases each year by -0.88%.
Dividend Growth(5Y)-0.88%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
87.89% of the earnings are spent on dividend by SAX. This is not a sustainable payout ratio.
DP87.89%
EPS Next 2Y23.6%
EPS Next 3Y19.24%
FRA:SAX (7/14/2025, 5:29:45 PM)
48.7
-0.45 (-0.92%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners40.61%
Inst Owner ChangeN/A
Ins Owners44.01%
Ins Owner ChangeN/A
Market Cap2.72B
Analysts81.18
Price Target69.96 (43.66%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.53% |
Yearly Dividend2.18
Dividend Growth(5Y)-0.88%
DP87.89%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-19.81%
Min EPS beat(2)-32.49%
Max EPS beat(2)-7.13%
EPS beat(4)1
Avg EPS beat(4)-12.45%
Min EPS beat(4)-32.49%
Max EPS beat(4)3.19%
EPS beat(8)2
Avg EPS beat(8)-0.68%
EPS beat(12)4
Avg EPS beat(12)-0.15%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-2.08%
Min Revenue beat(2)-3.51%
Max Revenue beat(2)-0.65%
Revenue beat(4)0
Avg Revenue beat(4)-2.63%
Min Revenue beat(4)-6.17%
Max Revenue beat(4)-0.2%
Revenue beat(8)2
Avg Revenue beat(8)-1.26%
Revenue beat(12)4
Avg Revenue beat(12)6.47%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.35%
PT rev (3m)-4.79%
EPS NQ rev (1m)-19.75%
EPS NQ rev (3m)-24.42%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.88%
Revenue NQ rev (1m)-3.49%
Revenue NQ rev (3m)-4.2%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.39 | ||
| Fwd PE | 11.11 | ||
| P/S | 1.31 | ||
| P/FCF | 7.65 | ||
| P/OCF | 6.05 | ||
| P/B | 5.74 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.31 |
EPS(TTM)2.8
EY5.75%
EPS(NY)4.38
Fwd EY9%
FCF(TTM)6.37
FCFY13.08%
OCF(TTM)8.05
OCFY16.54%
SpS37.04
BVpS8.49
TBVpS-12.28
PEG (NY)0.62
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.89% | ||
| ROE | 29.22% | ||
| ROCE | 13.83% | ||
| ROIC | 9.57% | ||
| ROICexc | 9.97% | ||
| ROICexgc | 24.39% | ||
| OM | 13.67% | ||
| PM (TTM) | 6.69% | ||
| GM | 43.94% | ||
| FCFM | 17.19% |
ROA(3y)4.37%
ROA(5y)3.79%
ROE(3y)26.75%
ROE(5y)22.7%
ROIC(3y)8.47%
ROIC(5y)7.11%
ROICexc(3y)8.84%
ROICexc(5y)7.43%
ROICexgc(3y)20.44%
ROICexgc(5y)17.8%
ROCE(3y)12.41%
ROCE(5y)10.4%
ROICexcg growth 3Y9.43%
ROICexcg growth 5YN/A
ROICexc growth 3Y11.82%
ROICexc growth 5Y13.42%
OM growth 3Y8.14%
OM growth 5Y7.17%
PM growth 3Y-5.22%
PM growth 5Y12.78%
GM growth 3Y3.16%
GM growth 5Y4.26%
F-Score8
Asset Turnover0.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.02 | ||
| Debt/FCF | 5 | ||
| Debt/EBITDA | 2.36 | ||
| Cap/Depr | 29.14% | ||
| Cap/Sales | 4.55% | ||
| Interest Coverage | 4.1 | ||
| Cash Conversion | 74.24% | ||
| Profit Quality | 256.86% | ||
| Current Ratio | 0.53 | ||
| Quick Ratio | 0.47 | ||
| Altman-Z | 1.43 |
F-Score8
WACC5.51%
ROIC/WACC1.74
Cap/Depr(3y)41.47%
Cap/Depr(5y)37.55%
Cap/Sales(3y)6.92%
Cap/Sales(5y)6.8%
Profit Quality(3y)245.99%
Profit Quality(5y)361.81%
High Growth Momentum
Growth
EPS 1Y (TTM)22.81%
EPS 3Y3.1%
EPS 5Y-5.06%
EPS Q2Q%-31.82%
EPS Next Y28.21%
EPS Next 2Y23.6%
EPS Next 3Y19.24%
EPS Next 5YN/A
Revenue 1Y (TTM)5.67%
Revenue growth 3Y7.95%
Revenue growth 5Y5.17%
Sales Q2Q%4.86%
Revenue Next Year6.82%
Revenue Next 2Y6.78%
Revenue Next 3Y6.6%
Revenue Next 5Y6.23%
EBIT growth 1Y22.69%
EBIT growth 3Y16.73%
EBIT growth 5Y12.71%
EBIT Next Year121.18%
EBIT Next 3Y37.2%
EBIT Next 5Y25.77%
FCF growth 1Y30.94%
FCF growth 3Y3.91%
FCF growth 5Y-0.29%
OCF growth 1Y4.15%
OCF growth 3Y2.15%
OCF growth 5Y0.28%