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Séché Environnement

DB:SCB
Snowflake Description

Solid track record and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SCB
DB
€228M
Market Cap
  1. Home
  2. DE
  3. Commercial Services
Company description

Séché Environnement SA engages in the recovery and treatment of waste products for industrial customers and public authorities in France and internationally. The last earnings update was 27 days ago. More info.


Add to Portfolio Compare Print
  • Séché Environnement has significant price volatility in the past 3 months.
SCB Share Price and Events
7 Day Returns
-2.9%
DB:SCB
-1.9%
DE Commercial Services
-0.6%
DE Market
1 Year Returns
0.2%
DB:SCB
-32.9%
DE Commercial Services
-20.9%
DE Market
SCB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Séché Environnement (SCB) -2.9% -29.2% -25.8% 0.2% -4.1% -11.2%
DE Commercial Services -1.9% -23.9% -35.4% -32.9% -36.8% -47.7%
DE Market -0.6% -18.6% -26.2% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • SCB outperformed the Commercial Services industry which returned -32.9% over the past year.
  • SCB outperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
SCB
Industry
5yr Volatility vs Market

Value

 Is Séché Environnement undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Séché Environnement to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Séché Environnement.

DB:SCB Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.9%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:SCB
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 6.1%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.59
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.588 (1 + (1- 33%) (240.4%))
1.358
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.36
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.358 * 6.07%)
7.85%

Discounted Cash Flow Calculation for DB:SCB using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Séché Environnement is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:SCB DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 7.85%)
2020 -0.35 Analyst x2 -0.32
2021 22.37 Analyst x3 19.23
2022 22.40 Analyst x1 17.86
2023 20.40 Est @ -8.94% 15.08
2024 19.10 Est @ -6.38% 13.09
2025 18.22 Est @ -4.58% 11.58
2026 17.62 Est @ -3.32% 10.38
2027 17.19 Est @ -2.44% 9.39
2028 16.87 Est @ -1.83% 8.55
2029 16.64 Est @ -1.4% 7.81
Present value of next 10 years cash flows €112.00
DB:SCB DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €16.64 × (1 + -0.39%) ÷ (7.85% – -0.39%)
€201.09
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €201.09 ÷ (1 + 7.85%)10
€94.43
DB:SCB Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €112.00 + €94.43
€206.43
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €206.43 / 7.80
€26.47
DB:SCB Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:SCB represents 0.97607x of ENXTPA:SCHP
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.97607x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 26.47 x 0.97607
€25.83
Value per share (EUR) From above. €25.83
Current discount Discount to share price of €28.55
= -1 x (€28.55 - €25.83) / €25.83
-10.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Séché Environnement is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Séché Environnement's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Séché Environnement's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:SCB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in EUR €2.27
ENXTPA:SCHP Share Price ** ENXTPA (2020-04-03) in EUR €29.25
Germany Commercial Services Industry PE Ratio Median Figure of 6 Publicly-Listed Commercial Services Companies 94.45x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.57x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Séché Environnement.

DB:SCB PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTPA:SCHP Share Price ÷ EPS (both in EUR)

= 29.25 ÷ 2.27

12.89x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Séché Environnement is good value based on earnings compared to the DE Commercial Services industry average.
  • Séché Environnement is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Séché Environnement's expected growth come at a high price?
Raw Data
DB:SCB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.89x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
8.1%per year
Europe Commercial Services Industry PEG Ratio Median Figure of 48 Publicly-Listed Commercial Services Companies 1.09x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.17x

*Line of best fit is calculated by linear regression .

DB:SCB PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 12.89x ÷ 8.1%

1.6x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Séché Environnement is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Séché Environnement's assets?
Raw Data
DB:SCB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in EUR €32.68
ENXTPA:SCHP Share Price * ENXTPA (2020-04-03) in EUR €29.25
Germany Commercial Services Industry PB Ratio Median Figure of 9 Publicly-Listed Commercial Services Companies 2.23x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:SCB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTPA:SCHP Share Price ÷ Book Value per Share (both in EUR)

= 29.25 ÷ 32.68

0.9x

* Primary Listing of Séché Environnement.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Séché Environnement is good value based on assets compared to the DE Commercial Services industry average.
X
Value checks
We assess Séché Environnement's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check)
  5. Séché Environnement has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Séché Environnement expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Séché Environnement expected to grow at an attractive rate?
  • Séché Environnement's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Séché Environnement's earnings growth is positive but not above the Germany market average.
  • Séché Environnement's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:SCB Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:SCB Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 8.1%
DB:SCB Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 1.8%
Germany Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 21%
Germany Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 2.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:SCB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:SCB Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 113
2021-12-31 734 114 21 3
2020-12-31 700 105 18 3
2020-04-05
DB:SCB Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-12-31 708 110 18
2019-09-30 674 111 16
2019-06-30 640 112 14
2019-03-31 613 99 15
2018-12-31 586 86 16
2018-09-30 571 93 18
2018-06-30 557 101 21
2018-03-31 546 106 18
2017-12-31 536 112 16
2017-09-30 526 95 11
2017-06-30 517 78 6
2017-03-31 499 65 5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Séché Environnement's earnings are expected to grow by 8.1% yearly, however this is not considered high growth (20% yearly).
  • Séché Environnement's revenue is expected to grow by 1.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:SCB Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Séché Environnement Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SCB Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31 2.66 2.77 2.44 3.00
2020-12-31 2.27 2.56 2.04 3.00
2020-04-05
DB:SCB Past Financials Data
Date (Data in EUR Millions) EPS *
2019-12-31 2.27
2019-09-30 2.02
2019-06-30 1.77
2019-03-31 1.88
2018-12-31 2.00
2018-09-30 2.34
2018-06-30 2.68
2018-03-31 2.36
2017-12-31 2.04
2017-09-30 1.40
2017-06-30 0.75
2017-03-31 0.65

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Séché Environnement is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Séché Environnement's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Séché Environnement has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Séché Environnement performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Séché Environnement's growth in the last year to its industry (Commercial Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Séché Environnement's year on year earnings growth rate has been positive over the past 5 years.
  • Séché Environnement's 1-year earnings growth exceeds its 5-year average (14.4% vs 4%)
  • Séché Environnement's earnings growth has exceeded the Europe Commercial Services industry average in the past year (14.4% vs 8.9%).
Earnings and Revenue History
Séché Environnement's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Séché Environnement Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SCB Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 708.06 17.83 266.38
2019-09-30 674.14 15.87 258.87
2019-06-30 640.21 13.91 251.37
2019-03-31 613.04 14.74 242.83
2018-12-31 585.86 15.58 234.28
2018-09-30 571.36 18.27 225.20
2018-06-30 556.86 20.96 216.12
2018-03-31 546.27 18.43 213.92
2017-12-31 535.68 15.90 211.72
2017-09-30 526.15 10.86 197.32
2017-06-30 516.62 5.83 182.92
2017-03-31 498.82 5.03 171.77
2016-12-31 481.03 4.24 160.61
2016-09-30 475.38 10.14 157.21
2016-06-30 469.73 16.04 153.82
2016-03-31 467.32 16.64 153.70
2015-12-31 464.91 17.24 153.59
2015-09-30 463.70 17.63 144.52
2015-06-30 462.49 18.03 176.31
2015-03-31 462.09 14.17 176.55
2014-12-31 461.68 10.32 156.36
2014-09-30 459.02 6.44 185.75
2014-06-30 456.36 2.37 154.54
2014-03-31 463.46 7.46 160.26
2013-12-31 470.55 12.64 186.07
2013-06-30 468.35 -82.38 172.47

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Séché Environnement has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Séché Environnement used its assets more efficiently than the DE Commercial Services industry average last year based on Return on Assets.
  • Séché Environnement has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Séché Environnement's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Séché Environnement has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Séché Environnement's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Séché Environnement's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Séché Environnement is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Séché Environnement's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Séché Environnement's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Séché Environnement Company Filings, last reported 3 months ago.

DB:SCB Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 263.47 548.47 136.63
2019-09-30 263.47 548.47 136.63
2019-06-30 254.41 500.82 94.58
2019-03-31 254.41 500.82 94.58
2018-12-31 254.77 407.59 67.83
2018-09-30 254.77 407.59 67.83
2018-06-30 248.86 389.67 48.03
2018-03-31 248.86 389.67 48.03
2017-12-31 247.20 402.76 53.50
2017-09-30 247.20 402.76 53.50
2017-06-30 237.28 391.55 25.91
2017-03-31 237.28 391.55 25.91
2016-12-31 239.93 319.92 16.79
2016-09-30 239.93 319.92 16.79
2016-06-30 238.20 311.41 16.68
2016-03-31 238.20 311.41 16.68
2015-12-31 243.87 311.17 30.83
2015-09-30 243.87 311.17 30.83
2015-06-30 231.66 299.08 45.03
2015-03-31 231.66 299.08 45.03
2014-12-31 258.92 264.70 39.11
2014-09-30 258.92 264.70 39.11
2014-06-30 245.32 269.11 51.86
2014-03-31 245.32 269.11 51.86
2013-12-31 257.73 241.29 28.04
2013-06-30 254.43 234.84 24.21
  • Séché Environnement's level of debt (193.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (101.4% vs 193.2% today).
  • Debt is well covered by operating cash flow (21.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.1x coverage).
X
Financial health checks
We assess Séché Environnement's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Séché Environnement has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Séché Environnement's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.25%
Current annual income from Séché Environnement dividends. Estimated to be 3.25% next year.
If you bought €2,000 of Séché Environnement shares you are expected to receive €65 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Séché Environnement's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.7%).
  • Séché Environnement's dividend is below the markets top 25% of dividend payers in Germany (4.86%).
Upcoming dividend payment

Purchase Séché Environnement before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:SCB Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
Germany Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 5.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 316 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:SCB Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.95 1.00
2021-12-31 0.95 3.00
2020-12-31 0.95 3.00
2020-04-05
DB:SCB Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2020-03-09 0.950 3.120
2019-03-11 0.950 2.725
2018-04-09 0.950 3.377
2018-03-05 0.950 3.161
2017-03-16 0.950 3.038
2017-03-07 0.950 3.452
2016-03-23 0.950 3.215
2016-03-07 0.950 3.310
2015-03-11 0.950 3.113
2015-03-09 0.950 3.382
2014-03-04 0.950 3.737
2014-02-28 0.950 2.809
2013-04-23 0.950 3.270
2013-04-22 0.950 3.585
2012-04-26 1.300 4.893
2012-04-25 1.300 4.936
2011-02-28 1.300 3.304
2010-03-15 1.300 2.344
2010-03-01 1.300 2.415

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Séché Environnement's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.7x coverage).
X
Income/ dividend checks
We assess Séché Environnement's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Séché Environnement afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Séché Environnement has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Séché Environnement's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Maxime Séché
COMPENSATION €175,527
AGE 35
TENURE AS CEO 0.3 years
CEO Bio

Mr. Maxime Séché serves as Chief Executive Officer of Séché Environnement SA since December 10, 2019 and served as Deputy Chief Executive Officer until December 10, 2019. Mr. Séché served as Director of Strategy since 2012 until December 10, 2019 and has been a Director at Séché Environnement SA since April 28, 2015. Mr. Séché began his career in the financial sector, first at Société Générale in Paris and London as an Analyst in the utilities sector, and later in the investment capital department of Paris Orléans. He then gained entrepreneurial experience as co-founder of L14, an investment fund dedicated to renewable energies, and of BlueNRGY, an American software and services company serving the renewable energies sector. Mr. Séché armed with a Grande Ecole program diploma from the business school EDHEC, specializing in business creation.

CEO Compensation
  • Maxime's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Maxime's remuneration is lower than average for companies of similar size in Germany.
Management Team

Joël Séché

TITLE
Chairman & President
COMPENSATION
€421K
AGE
64

Maxime Séché

TITLE
CEO & Director
COMPENSATION
€176K
AGE
35
TENURE
0.3 yrs

Baptiste Janiaud

TITLE
Chief Administrative & Financial Officer
TENURE
1.9 yrs

Manuel Andersen

TITLE
Head of Investor Relations

Audrey Mejdoubi

TITLE
Head of CSR Projects

Bertrand Filet

TITLE
Head of Industrial Operations of Trédi

Franck Morineau

TITLE
Head of Industrial Operations

Laurent Carmona

TITLE
Head of Industrial Operations of Speichim

Sylvain Durécu

TITLE
Head of R&D

Marco Paesano

TITLE
Head of Sales Europe
Board of Directors Tenure

Average tenure and age of the Séché Environnement board of directors in years:

3
Average Tenure
48
Average Age
  • The tenure for the Séché Environnement board of directors is about average.
Board of Directors

Maxime Séché

TITLE
CEO & Director
COMPENSATION
€176K
AGE
35
TENURE
4.3 yrs

Philippe Valletoux

TITLE
Director
COMPENSATION
€17K
AGE
76
TENURE
5 yrs

Joël Séché

TITLE
Chairman & President
COMPENSATION
€421K
AGE
64

Guillaume Cadiou

TITLE
Independent Director
COMPENSATION
€18K
AGE
42
TENURE
5 yrs

Anne-Sophie Lay

TITLE
Independent Director
COMPENSATION
€7K
AGE
48
TENURE
2 yrs

Pascaline Peugeot de Dreuzy

TITLE
Independent Director
COMPENSATION
€10K
AGE
61
TENURE
3 yrs

Marina Niforos

TITLE
Independent Director
COMPENSATION
€10K
AGE
50
TENURE
3 yrs

Claude Marquet

TITLE

Philippe Guérin

TITLE
Employee Representative Director
AGE
48
TENURE
1.3 yrs

Guillaume Séché

TITLE
Non-Voting Director
AGE
37
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Séché Environnement's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Séché Environnement has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Séché Environnement SA engages in the recovery and treatment of waste products for industrial customers and public authorities in France and internationally. The company recovers resources and materials from non-hazardous and hazardous wastes; and produces alternative energy from biogas and solid recovered fuels, as well as generates thermal energy as a byproduct. It also manages, treats, and recovers various complex wastes, such as asbestos, infectious medical waste, specialty gases, and PCB wastes. In addition, the company undertakes decontamination/rehabilitation of various polluted sites; and dismantling and deconstruction operations, as well as manages pyrotechnic waste. Further, it offers residual waste treatment; and environmental emergencies response and dried emergencies intervention services. The company was founded in 1985 and is headquartered in Paris, France.

Details
Name: Séché Environnement SA
SCB
Exchange: DB
Founded: 1985
€228,148,479
7,799,948
Website: http://www.groupe-seche.com
Address: Séché Environnement SA
Tour Maine Montparnasse,
33 avenue du Maine,
Paris,
Ile-de-France, 75755,
France
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTPA SCHP Common Shares Euronext Paris FR EUR 28. Nov 1997
DB SCB Common Shares Deutsche Boerse AG DE EUR 28. Nov 1997
LSE 0OG6 Common Shares London Stock Exchange GB EUR 28. Nov 1997
OTCPK SECV.Y UNSPONSORED ADR Pink Sheets LLC US USD 13. Oct 2008
Number of employees
Current staff
Staff numbers
4,500
Séché Environnement employees.
Industry
Environmental and Facilities Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/05 21:04
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2020/04/01
Last earnings filing: 2020/03/09
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.