STANDEX INTERNATIONAL CORP (SXI) Stock Fundamental Analysis
NYSE:SXI - New York Stock Exchange, Inc. - US8542311076 - Common Stock - Currency: USD
Taking everything into account, SXI scores 5 out of 10 in our fundamental rating. SXI was compared to 128 industry peers in the Machinery industry. SXI has only an average score on both its financial health and profitability. While showing a medium growth rate, SXI is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year SXI was profitable.
In the past year SXI had a positive cash flow from operations.
In the past 5 years SXI has always been profitable.
Each year in the past 5 years SXI had a positive operating cash flow.
1.2 Ratios
SXI has a Return On Assets (3.89%) which is in line with its industry peers.
The Return On Equity of SXI (8.81%) is comparable to the rest of the industry.
SXI has a Return On Invested Capital of 6.42%. This is comparable to the rest of the industry: SXI outperforms 43.75% of its industry peers.
SXI had an Average Return On Invested Capital over the past 3 years of 10.38%. This is in line with the industry average of 10.67%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.89% | ||
| ROE | 8.81% | ||
| ROIC | 6.42% |
ROA(3y)9.13%
ROA(5y)6.67%
ROE(3y)15.64%
ROE(5y)11.7%
ROIC(3y)10.38%
ROIC(5y)9.12%
1.3 Margins
The Profit Margin of SXI (8.09%) is better than 64.06% of its industry peers.
SXI's Profit Margin has been stable in the last couple of years.
SXI has a better Operating Margin (14.92%) than 69.53% of its industry peers.
SXI's Operating Margin has improved in the last couple of years.
SXI's Gross Margin of 39.21% is fine compared to the rest of the industry. SXI outperforms 72.66% of its industry peers.
In the last couple of years the Gross Margin of SXI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.92% | ||
| PM (TTM) | 8.09% | ||
| GM | 39.21% |
OM growth 3Y9.35%
OM growth 5Y3.51%
PM growth 3Y22.19%
PM growth 5Y-0.9%
GM growth 3Y2.1%
GM growth 5Y1.3%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so SXI is still creating some value.
The number of shares outstanding for SXI remains at a similar level compared to 1 year ago.
The number of shares outstanding for SXI has been reduced compared to 5 years ago.
The debt/assets ratio for SXI has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.25 indicates that SXI is not in any danger for bankruptcy at the moment.
With a Altman-Z score value of 3.25, SXI perfoms like the industry average, outperforming 53.13% of the companies in the same industry.
The Debt to FCF ratio of SXI is 15.08, which is on the high side as it means it would take SXI, 15.08 years of fcf income to pay off all of its debts.
SXI has a Debt to FCF ratio of 15.08. This is in the lower half of the industry: SXI underperforms 67.19% of its industry peers.
A Debt/Equity ratio of 0.84 indicates that SXI is somewhat dependend on debt financing.
SXI's Debt to Equity ratio of 0.84 is on the low side compared to the rest of the industry. SXI is outperformed by 74.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | 15.08 | ||
| Altman-Z | 3.25 |
ROIC/WACC0.67
WACC9.62%
2.3 Liquidity
SXI has a Current Ratio of 3.40. This indicates that SXI is financially healthy and has no problem in meeting its short term obligations.
SXI's Current ratio of 3.40 is amongst the best of the industry. SXI outperforms 82.03% of its industry peers.
A Quick Ratio of 2.56 indicates that SXI has no problem at all paying its short term obligations.
SXI has a better Quick ratio (2.56) than 84.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.4 | ||
| Quick Ratio | 2.56 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 4.27% over the past year.
Measured over the past years, SXI shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.94% on average per year.
Looking at the last year, SXI shows a small growth in Revenue. The Revenue has grown by 2.67% in the last year.
The Revenue has been growing slightly by 2.40% on average over the past years.
EPS 1Y (TTM)4.27%
EPS 3Y15.19%
EPS 5Y11.94%
EPS Q2Q%11.43%
Revenue 1Y (TTM)2.67%
Revenue growth 3Y3.17%
Revenue growth 5Y2.4%
Sales Q2Q%17.21%
3.2 Future
SXI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.91% yearly.
The Revenue is expected to grow by 9.42% on average over the next years. This is quite good.
EPS Next Y10.1%
EPS Next 2Y11.76%
EPS Next 3Y12.91%
EPS Next 5YN/A
Revenue Next Year8.42%
Revenue Next 2Y10.64%
Revenue Next 3Y9.42%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 20.57, SXI is valued on the expensive side.
61.72% of the companies in the same industry are more expensive than SXI, based on the Price/Earnings ratio.
SXI's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.43.
With a Price/Forward Earnings ratio of 17.17, SXI is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SXI is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of SXI to the average of the S&P500 Index (22.17), we can say SXI is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.57 | ||
| Fwd PE | 17.17 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as SXI.
66.41% of the companies in the same industry are cheaper than SXI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 47.38 | ||
| EV/EBITDA | 15.9 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of SXI may justify a higher PE ratio.
SXI's earnings are expected to grow with 12.91% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.04
PEG (5Y)1.72
EPS Next 2Y11.76%
EPS Next 3Y12.91%
5. Dividend
5.1 Amount
SXI has a yearly dividend return of 0.83%, which is pretty low.
Compared to an average industry Dividend Yield of 1.91, SXI has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, SXI's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.83% |
5.2 History
The dividend of SXI is nicely growing with an annual growth rate of 8.51%!
SXI has been paying a dividend for at least 10 years, so it has a reliable track record.
SXI has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.51%
Div Incr Years14
Div Non Decr Years14
5.3 Sustainability
24.33% of the earnings are spent on dividend by SXI. This is a low number and sustainable payout ratio.
SXI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP24.33%
EPS Next 2Y11.76%
EPS Next 3Y12.91%
150.8
+0.08 (+0.05%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners97.08%
Inst Owner Change0.77%
Ins Owners1.63%
Ins Owner Change-2.3%
Market Cap1.82B
Analysts84.44
Price Target198.9 (31.9%)
Short Float %2.39%
Short Ratio3.32
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.83% |
Yearly Dividend1.18
Dividend Growth(5Y)8.51%
DP24.33%
Div Incr Years14
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.2%
Min EPS beat(2)0.82%
Max EPS beat(2)13.58%
EPS beat(4)3
Avg EPS beat(4)3.68%
Min EPS beat(4)-0.7%
Max EPS beat(4)13.58%
EPS beat(8)7
Avg EPS beat(8)3.52%
EPS beat(12)11
Avg EPS beat(12)3.59%
EPS beat(16)15
Avg EPS beat(16)3.76%
Revenue beat(2)1
Avg Revenue beat(2)-0.05%
Min Revenue beat(2)-0.81%
Max Revenue beat(2)0.72%
Revenue beat(4)1
Avg Revenue beat(4)-2.16%
Min Revenue beat(4)-6.95%
Max Revenue beat(4)0.72%
Revenue beat(8)2
Avg Revenue beat(8)-1.81%
Revenue beat(12)5
Avg Revenue beat(12)-1.23%
Revenue beat(16)9
Avg Revenue beat(16)-0.33%
PT rev (1m)-4.18%
PT rev (3m)-12.26%
EPS NQ rev (1m)-11.29%
EPS NQ rev (3m)-11.29%
EPS NY rev (1m)-1.44%
EPS NY rev (3m)-3.12%
Revenue NQ rev (1m)-3.24%
Revenue NQ rev (3m)-2.95%
Revenue NY rev (1m)-0.33%
Revenue NY rev (3m)-0.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.57 | ||
| Fwd PE | 17.17 | ||
| P/S | 2.43 | ||
| P/FCF | 47.38 | ||
| P/OCF | 28.13 | ||
| P/B | 2.65 | ||
| P/tB | N/A | ||
| EV/EBITDA | 15.9 |
EPS(TTM)7.33
EY4.86%
EPS(NY)8.78
Fwd EY5.82%
FCF(TTM)3.18
FCFY2.11%
OCF(TTM)5.36
OCFY3.56%
SpS61.99
BVpS56.91
TBVpS-12.48
PEG (NY)2.04
PEG (5Y)1.72
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.89% | ||
| ROE | 8.81% | ||
| ROCE | 7.91% | ||
| ROIC | 6.42% | ||
| ROICexc | 6.96% | ||
| ROICexgc | 19.51% | ||
| OM | 14.92% | ||
| PM (TTM) | 8.09% | ||
| GM | 39.21% | ||
| FCFM | 5.13% |
ROA(3y)9.13%
ROA(5y)6.67%
ROE(3y)15.64%
ROE(5y)11.7%
ROIC(3y)10.38%
ROIC(5y)9.12%
ROICexc(3y)12.64%
ROICexc(5y)11.02%
ROICexgc(3y)25.49%
ROICexgc(5y)22.94%
ROCE(3y)12.8%
ROCE(5y)11.24%
ROICexcg growth 3Y6.45%
ROICexcg growth 5Y1.12%
ROICexc growth 3Y10.64%
ROICexc growth 5Y4.92%
OM growth 3Y9.35%
OM growth 5Y3.51%
PM growth 3Y22.19%
PM growth 5Y-0.9%
GM growth 3Y2.1%
GM growth 5Y1.3%
F-Score4
Asset Turnover0.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | 15.08 | ||
| Debt/EBITDA | 4.03 | ||
| Cap/Depr | 81.4% | ||
| Cap/Sales | 3.51% | ||
| Interest Coverage | 7.83 | ||
| Cash Conversion | 44.96% | ||
| Profit Quality | 63.48% | ||
| Current Ratio | 3.4 | ||
| Quick Ratio | 2.56 | ||
| Altman-Z | 3.25 |
F-Score4
WACC9.62%
ROIC/WACC0.67
Cap/Depr(3y)79.27%
Cap/Depr(5y)73.98%
Cap/Sales(3y)3.11%
Cap/Sales(5y)3.24%
Profit Quality(3y)78.19%
Profit Quality(5y)106.28%
High Growth Momentum
Growth
EPS 1Y (TTM)4.27%
EPS 3Y15.19%
EPS 5Y11.94%
EPS Q2Q%11.43%
EPS Next Y10.1%
EPS Next 2Y11.76%
EPS Next 3Y12.91%
EPS Next 5YN/A
Revenue 1Y (TTM)2.67%
Revenue growth 3Y3.17%
Revenue growth 5Y2.4%
Sales Q2Q%17.21%
Revenue Next Year8.42%
Revenue Next 2Y10.64%
Revenue Next 3Y9.42%
Revenue Next 5YN/A
EBIT growth 1Y-1.13%
EBIT growth 3Y12.82%
EBIT growth 5Y6%
EBIT Next Year49.02%
EBIT Next 3Y25.05%
EBIT Next 5YN/A
FCF growth 1Y-26.65%
FCF growth 3Y5.38%
FCF growth 5Y13.17%
OCF growth 1Y-18.88%
OCF growth 3Y3.5%
OCF growth 5Y4.78%