SIPEF NV (SIP.BR) Stock Fundamental Analysis
EBR:SIP - Euronext Brussels - BE0003898187 - Common Stock - Currency: EUR
SIP gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 57 industry peers in the Food Products industry. SIP scores excellent points on both the profitability and health parts. This is a solid base for a good stock. SIP scores decently on growth, while it is valued quite cheap. This could make an interesting combination. With these ratings, SIP could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
In the past year SIP was profitable.
In the past year SIP had a positive cash flow from operations.
Each year in the past 5 years SIP has been profitable.
SIP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SIP has a Return On Assets of 5.87%. This is in the better half of the industry: SIP outperforms 73.68% of its industry peers.
The Return On Equity of SIP (7.33%) is comparable to the rest of the industry.
SIP has a Return On Invested Capital of 7.26%. This is in the better half of the industry: SIP outperforms 73.68% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SIP is above the industry average of 6.38%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.87% | ||
| ROE | 7.33% | ||
| ROIC | 7.26% |
ROA(3y)7.58%
ROA(5y)6.74%
ROE(3y)9.68%
ROE(5y)8.83%
ROIC(3y)9.65%
ROIC(5y)8.48%
1.3 Margins
With an excellent Profit Margin value of 14.83%, SIP belongs to the best of the industry, outperforming 96.49% of the companies in the same industry.
In the last couple of years the Profit Margin of SIP has declined.
SIP's Operating Margin of 22.91% is amongst the best of the industry. SIP outperforms 98.25% of its industry peers.
In the last couple of years the Operating Margin of SIP has grown nicely.
SIP has a Gross Margin of 35.42%. This is comparable to the rest of the industry: SIP outperforms 49.12% of its industry peers.
SIP's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.91% | ||
| PM (TTM) | 14.83% | ||
| GM | 35.42% |
OM growth 3Y-9.29%
OM growth 5Y70.13%
PM growth 3Y-13.01%
PM growth 5YN/A
GM growth 3Y-4.05%
GM growth 5Y19.38%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), SIP is creating some value.
The number of shares outstanding for SIP remains at a similar level compared to 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 3.77 indicates that SIP is not in any danger for bankruptcy at the moment.
SIP's Altman-Z score of 3.77 is amongst the best of the industry. SIP outperforms 89.47% 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's Debt to FCF ratio of 0.04 is amongst the best of 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.
Looking at the Debt to Equity ratio, with a value of 0.00, SIP belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.04 | ||
| Altman-Z | 3.77 |
ROIC/WACC0.93
WACC7.8%
2.3 Liquidity
SIP has a Current Ratio of 1.63. This is a normal value and indicates that SIP is financially healthy and should not expect problems in meeting its short term obligations.
SIP's Current ratio of 1.63 is fine compared to the rest of the industry. SIP outperforms 66.67% 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.
SIP has a better Quick ratio (1.20) than 73.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.63 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
The earnings per share for SIP have decreased by -9.69% in the last year.
Measured over the past years, SIP shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -11.06% on average per year.
The Revenue has decreased by -0.02% in the past year.
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)-9.69%
EPS 3Y-11.06%
EPS 5YN/A
EPS Q2Q%-1.94%
Revenue 1Y (TTM)-0.02%
Revenue growth 3Y2.18%
Revenue growth 5Y12.32%
Sales Q2Q%6.22%
3.2 Future
SIP is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.59% yearly.
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 11.45, which indicates a very decent valuation of SIP.
Compared to the rest of the industry, the Price/Earnings ratio of SIP indicates a somewhat cheap valuation: SIP is cheaper than 75.44% of the companies listed in the same industry.
SIP's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.34.
With a Price/Forward Earnings ratio of 8.90, the valuation of SIP can be described as very reasonable.
Based on the Price/Forward Earnings ratio, SIP is valued a bit cheaper than the industry average as 78.95% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 22.19. SIP is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.45 | ||
| Fwd PE | 8.9 |
4.2 Price Multiples
SIP's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. SIP is cheaper than 82.46% of the companies in the same industry.
SIP's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.56 | ||
| EV/EBITDA | 4.74 |
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 decent profitability rating of SIP may justify a higher PE ratio.
PEG (NY)0.55
PEG (5Y)N/A
EPS Next 2Y12.69%
EPS Next 3Y9.59%
5. Dividend
5.1 Amount
SIP has a Yearly Dividend Yield of 2.15%.
Compared to an average industry Dividend Yield of 3.19, SIP has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.40, SIP has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.15% |
5.2 History
The dividend of SIP is nicely growing with an annual growth rate of 28.18%!
Dividend Growth(5Y)28.18%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
SIP pays out 34.07% 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.
DP34.07%
EPS Next 2Y12.69%
EPS Next 3Y9.59%
EBR:SIP (6/19/2025, 7:00:00 PM)
63
+0.4 (+0.64%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners2.76%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap666.54M
Analysts83.33
Price Target79.05 (25.48%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.15% |
Yearly Dividend1.87
Dividend Growth(5Y)28.18%
DP34.07%
Div Incr Years0
Div Non Decr Years1
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)12.32%
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)7.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.45 | ||
| Fwd PE | 8.9 | ||
| P/S | 1.72 | ||
| P/FCF | 16.56 | ||
| P/OCF | 5.75 | ||
| P/B | 0.85 | ||
| P/tB | 0.96 | ||
| EV/EBITDA | 4.74 |
EPS(TTM)5.5
EY8.73%
EPS(NY)7.08
Fwd EY11.24%
FCF(TTM)3.8
FCFY6.04%
OCF(TTM)10.96
OCFY17.39%
SpS36.55
BVpS73.98
TBVpS65.34
PEG (NY)0.55
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.87% | ||
| ROE | 7.33% | ||
| ROCE | 10.03% | ||
| ROIC | 7.26% | ||
| ROICexc | 7.4% | ||
| ROICexgc | 8.28% | ||
| OM | 22.91% | ||
| PM (TTM) | 14.83% | ||
| GM | 35.42% | ||
| FCFM | 10.41% |
ROA(3y)7.58%
ROA(5y)6.74%
ROE(3y)9.68%
ROE(5y)8.83%
ROIC(3y)9.65%
ROIC(5y)8.48%
ROICexc(3y)9.95%
ROICexc(5y)8.72%
ROICexgc(3y)11.21%
ROICexgc(5y)9.86%
ROCE(3y)13.33%
ROCE(5y)11.71%
ROICexcg growth 3Y-12.26%
ROICexcg growth 5Y81.31%
ROICexc growth 3Y-11.7%
ROICexc growth 5Y82.46%
OM growth 3Y-9.29%
OM growth 5Y70.13%
PM growth 3Y-13.01%
PM growth 5YN/A
GM growth 3Y-4.05%
GM growth 5Y19.38%
F-Score6
Asset Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.04 | ||
| Debt/EBITDA | 0.01 | ||
| Cap/Depr | 155.53% | ||
| Cap/Sales | 19.57% | ||
| Interest Coverage | 70.86 | ||
| Cash Conversion | 84.46% | ||
| Profit Quality | 70.15% | ||
| Current Ratio | 1.63 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | 3.77 |
F-Score6
WACC7.8%
ROIC/WACC0.93
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)-9.69%
EPS 3Y-11.06%
EPS 5YN/A
EPS Q2Q%-1.94%
EPS Next Y20.83%
EPS Next 2Y12.69%
EPS Next 3Y9.59%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.02%
Revenue growth 3Y2.18%
Revenue growth 5Y12.32%
Sales Q2Q%6.22%
Revenue Next Year15.2%
Revenue Next 2Y8.91%
Revenue Next 3Y6.89%
Revenue Next 5Y5.66%
EBIT growth 1Y-5.67%
EBIT growth 3Y-7.31%
EBIT growth 5Y91.08%
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%