SIPEF NV (SIP.BR) Stock Fundamental Analysis
EBR:SIP - Euronext Brussels - BE0003898187 - Common Stock - Currency: EUR
SIP gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 59 industry peers in the Food Products industry. Both the health and profitability get an excellent rating, making SIP a very profitable company, without any liquidiy or solvency issues. SIP scores decently on growth, while it is valued quite cheap. This could make an interesting combination. This makes SIP very considerable for value and quality investing!
1. Profitability
1.1 Basic Checks
SIP had positive earnings in the past year.
SIP had a positive operating cash flow in the past year.
SIP had positive earnings in each of the past 5 years.
SIP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of SIP (8.10%) is better than 88.14% of its industry peers.
With a decent Return On Equity value of 10.11%, SIP is doing good in the industry, outperforming 64.41% of the companies in the same industry.
With an excellent Return On Invested Capital value of 10.19%, SIP belongs to the best of the industry, outperforming 86.44% of the companies in the same industry.
SIP had an Average Return On Invested Capital over the past 3 years of 9.61%. This is above the industry average of 6.44%.
The 3 year average ROIC (9.61%) for SIP is below the current ROIC(10.19%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.1% | ||
| ROE | 10.11% | ||
| ROIC | 10.19% |
ROA(3y)7.58%
ROA(5y)6.74%
ROE(3y)9.68%
ROE(5y)8.83%
ROIC(3y)9.61%
ROIC(5y)8.45%
1.3 Margins
Looking at the Profit Margin, with a value of 14.02%, SIP belongs to the top of the industry, outperforming 96.61% of the companies in the same industry.
In the last couple of years the Profit Margin of SIP has declined.
SIP has a Operating Margin of 22.01%. This is amongst the best in the industry. SIP outperforms 98.31% of its industry peers.
In the last couple of years the Operating Margin of SIP has grown nicely.
With a Gross Margin value of 34.35%, SIP perfoms like the industry average, outperforming 44.07% of the companies in the same industry.
In the last couple of years the Gross Margin of SIP has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.01% | ||
| PM (TTM) | 14.02% | ||
| GM | 34.35% |
OM growth 3Y-9.73%
OM growth 5Y69.63%
PM growth 3Y-13.01%
PM growth 5YN/A
GM growth 3Y-4.05%
GM growth 5Y19.38%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so SIP is still creating some value.
SIP has about the same amout of shares outstanding than it did 1 year ago.
SIP has about the same amout of shares outstanding than it did 5 years ago.
SIP has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.04 indicates that SIP is not in any danger for bankruptcy at the moment.
SIP has a Altman-Z score of 4.04. This is amongst the best in the industry. SIP outperforms 94.92% of its industry peers.
SIP has a debt to FCF ratio of 0.04. This is a very positive value and a sign of high solvency as it would only need 0.04 years to pay back of all of its debts.
SIP has a Debt to FCF ratio of 0.04. This is amongst the best in the industry. SIP outperforms 100.00% of its industry peers.
SIP has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of SIP (0.00) is better than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.04 | ||
| Altman-Z | 4.04 |
ROIC/WACC1.31
WACC7.8%
2.3 Liquidity
A Current Ratio of 1.63 indicates that SIP should not have too much problems paying its short term obligations.
The Current ratio of SIP (1.63) is better than 69.49% of its industry peers.
SIP has a Quick Ratio of 1.20. This is a normal value and indicates that SIP is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.20, SIP is in the better half of the industry, outperforming 77.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.63 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 24.82% over the past year.
SIP shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -11.06% yearly.
Looking at the last year, SIP shows a very strong growth in Revenue. The Revenue has grown by 46.06%.
SIP shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.32% yearly.
EPS 1Y (TTM)24.82%
EPS 3Y-11.06%
EPS 5YN/A
EPS Q2Q%58.51%
Revenue 1Y (TTM)46.06%
Revenue growth 3Y2.18%
Revenue growth 5Y12.32%
Sales Q2Q%97.02%
3.2 Future
The Earnings Per Share is expected to grow by 9.59% on average over the next years. This is quite good.
Based on estimates for the next years, SIP will show a small growth in Revenue. The Revenue will grow by 5.66% on average per year.
EPS Next Y20.83%
EPS Next 2Y12.69%
EPS Next 3Y9.59%
EPS Next 5YN/A
Revenue Next Year15.2%
Revenue Next 2Y8.91%
Revenue Next 3Y6.89%
Revenue Next 5Y5.66%
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.
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
A Price/Earnings ratio of 8.07 indicates a reasonable valuation of SIP.
Based on the Price/Earnings ratio, SIP is valued cheaper than 88.14% of the companies in the same industry.
When comparing the Price/Earnings ratio of SIP to the average of the S&P500 Index (26.20), we can say SIP is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 8.66, the valuation of SIP can be described as reasonable.
SIP's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. SIP is cheaper than 77.97% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.13, SIP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.07 | ||
| Fwd PE | 8.66 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SIP indicates a rather cheap valuation: SIP is cheaper than 93.22% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SIP is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.13 | ||
| EV/EBITDA | 3.69 |
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.
SIP has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.39
PEG (5Y)N/A
EPS Next 2Y12.69%
EPS Next 3Y9.59%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.25%, SIP has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.21, SIP has a dividend in line with its industry peers.
SIP's Dividend Yield is comparable with the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.25% |
5.2 History
On average, the dividend of SIP grows each year by 28.20%, which is quite nice.
Dividend Growth(5Y)28.2%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
SIP pays out 24.69% of its income as dividend. This is a sustainable payout ratio.
The dividend of SIP is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP24.69%
EPS Next 2Y12.69%
EPS Next 3Y9.59%
EBR:SIP (5/29/2025, 7:00:00 PM)
62.2
-0.4 (-0.64%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners2.58%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap658.08M
Analysts83.33
Price Target79.05 (27.09%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.25% |
Yearly Dividend1.91
Dividend Growth(5Y)28.2%
DP24.69%
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)4.73%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)22.18%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)7.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.07 | ||
| Fwd PE | 8.66 | ||
| P/S | 1.15 | ||
| P/FCF | 16.13 | ||
| P/OCF | 5.6 | ||
| P/B | 0.83 | ||
| P/tB | 0.94 | ||
| EV/EBITDA | 3.69 |
EPS(TTM)7.71
EY12.4%
EPS(NY)7.18
Fwd EY11.55%
FCF(TTM)3.86
FCFY6.2%
OCF(TTM)11.11
OCFY17.86%
SpS54.15
BVpS75.04
TBVpS66.27
PEG (NY)0.39
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.1% | ||
| ROE | 10.11% | ||
| ROCE | 14.07% | ||
| ROIC | 10.19% | ||
| ROICexc | 10.39% | ||
| ROICexgc | 11.62% | ||
| OM | 22.01% | ||
| PM (TTM) | 14.02% | ||
| GM | 34.35% | ||
| FCFM | 7.12% |
ROA(3y)7.58%
ROA(5y)6.74%
ROE(3y)9.68%
ROE(5y)8.83%
ROIC(3y)9.61%
ROIC(5y)8.45%
ROICexc(3y)9.92%
ROICexc(5y)8.69%
ROICexgc(3y)11.17%
ROICexgc(5y)9.84%
ROCE(3y)13.28%
ROCE(5y)11.68%
ROICexcg growth 3Y-12.69%
ROICexcg growth 5Y80.77%
ROICexc growth 3Y-12.14%
ROICexc growth 5Y81.92%
OM growth 3Y-9.73%
OM growth 5Y69.63%
PM growth 3Y-13.01%
PM growth 5YN/A
GM growth 3Y-4.05%
GM growth 5Y19.38%
F-Score8
Asset Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.04 | ||
| Debt/EBITDA | 0.01 | ||
| Cap/Depr | 155.53% | ||
| Cap/Sales | 13.4% | ||
| Interest Coverage | 99.45 | ||
| Cash Conversion | 67% | ||
| Profit Quality | 50.83% | ||
| Current Ratio | 1.63 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | 4.04 |
F-Score8
WACC7.8%
ROIC/WACC1.31
Cap/Depr(3y)174.62%
Cap/Depr(5y)156.78%
Cap/Sales(3y)19.57%
Cap/Sales(5y)18.82%
Profit Quality(3y)57.1%
Profit Quality(5y)84.25%
High Growth Momentum
Growth
EPS 1Y (TTM)24.82%
EPS 3Y-11.06%
EPS 5YN/A
EPS Q2Q%58.51%
EPS Next Y20.83%
EPS Next 2Y12.69%
EPS Next 3Y9.59%
EPS Next 5YN/A
Revenue 1Y (TTM)46.06%
Revenue growth 3Y2.18%
Revenue growth 5Y12.32%
Sales Q2Q%97.02%
Revenue Next Year15.2%
Revenue Next 2Y8.91%
Revenue Next 3Y6.89%
Revenue Next 5Y5.66%
EBIT growth 1Y32.4%
EBIT growth 3Y-7.77%
EBIT growth 5Y90.52%
EBIT Next Year76.49%
EBIT Next 3Y23.37%
EBIT Next 5YN/A
FCF growth 1Y195.19%
FCF growth 3Y-20.41%
FCF growth 5YN/A
OCF growth 1Y8.49%
OCF growth 3Y-6.03%
OCF growth 5Y33.07%