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Service Corporation International

DB:SVC
Snowflake Description

Established dividend payer with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SVC
DB
$7B
Market Cap
  1. Home
  2. DE
  3. Consumer Services
Company description

Service Corporation International provides deathcare products and services in the United States and Canada. The last earnings update was 49 days ago. More info.


Add to Portfolio Compare Print
  • Service Corporation International has significant price volatility in the past 3 months.
SVC Share Price and Events
7 Day Returns
-2.7%
DB:SVC
2.2%
Europe Consumer Services
2.1%
DE Market
1 Year Returns
-1.8%
DB:SVC
2.4%
Europe Consumer Services
-16.6%
DE Market
SVC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Service Corporation International (SVC) -2.7% -20.8% -14.4% -1.8% 24.8% 40.7%
Europe Consumer Services 2.2% -7.2% -6.5% 2.4% -15.6% -55.7%
DE Market 2.1% -12.6% -22.9% -16.6% -21.9% -27.8%
1 Year Return vs Industry and Market
  • SVC underperformed the Consumer Services industry which returned 2.4% over the past year.
  • SVC outperformed the Market in Germany which returned -16.6% over the past year.
Price Volatility
SVC
Industry
5yr Volatility vs Market

SVC Value

 Is Service Corporation International 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 Service Corporation International 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 Service Corporation International.

DB:SVC 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 4.7%
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:SVC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Consumer Services Unlevered Beta Simply Wall St/ S&P Global 0.64
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.644 (1 + (1- 21%) (52.92%))
0.942
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.94
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.942 * 5.44%)
4.73%

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

The calculations below outline how an intrinsic value for Service Corporation International 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:SVC DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 4.73%)
2020 346.90 Analyst x2 331.22
2021 399.30 Analyst x2 364.02
2022 412.00 Analyst x1 358.63
2023 419.30 Est @ 1.77% 348.49
2024 424.00 Est @ 1.12% 336.47
2025 426.84 Est @ 0.67% 323.41
2026 428.34 Est @ 0.35% 309.88
2027 428.89 Est @ 0.13% 296.26
2028 428.78 Est @ -0.03% 282.80
2029 428.19 Est @ -0.14% 269.65
Present value of next 10 years cash flows $3,220.00
DB:SVC DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $428.19 × (1 + -0.39%) ÷ (4.73% – -0.39%)
$8,325.42
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $8,325.42 ÷ (1 + 4.73%)10
$5,242.81
DB:SVC Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $3,220.00 + $5,242.81
$8,462.81
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $8,462.81 / 181.13
$46.72
DB:SVC Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:SVC represents 0.93742x of NYSE:SCI
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.93742x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 46.72 x 0.93742
€43.80
Value per share (EUR) From above. €43.80
Current discount Discount to share price of €35.80
= -1 x (€35.80 - €43.80) / €43.80
18.3%

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

Current Discount
Amount off the current price Service Corporation International is available for.
Intrinsic value
18%
Share price is €35.8 vs Future cash flow value of €43.8
Current Discount Checks
For Service Corporation International to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Service Corporation International's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Service Corporation International's share price is below the future cash flow value, but not at a substantial discount (< 40%).
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 Service Corporation International's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Service Corporation International's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:SVC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $2.03
NYSE:SCI Share Price ** NYSE (2020-04-07) in USD $38.19
Europe Consumer Services Industry PE Ratio Median Figure of 12 Publicly-Listed Consumer Services Companies 15.21x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 16.83x

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

** Primary Listing of Service Corporation International.

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

= NYSE:SCI Share Price ÷ EPS (both in USD)

= 38.19 ÷ 2.03

18.83x

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

  • Service Corporation International is overvalued based on earnings compared to the Europe Consumer Services industry average.
  • Service Corporation International is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Service Corporation International's expected growth come at a high price?
Raw Data
DB:SVC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 18.83x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
6.4%per year
Europe Consumer Services Industry PEG Ratio Median Figure of 5 Publicly-Listed Consumer Services Companies 0.33x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.22x

*Line of best fit is calculated by linear regression .

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

= PE Ratio ÷ Net Income Annual Growth Rate

= 18.83x ÷ 6.4%

2.94x

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

  • Service Corporation International is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Service Corporation International's assets?
Raw Data
DB:SVC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $10.06
NYSE:SCI Share Price * NYSE (2020-04-07) in USD $38.19
Europe Consumer Services Industry PB Ratio Median Figure of 22 Publicly-Listed Consumer Services Companies 2.18x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.45x
DB:SVC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:SCI Share Price ÷ Book Value per Share (both in USD)

= 38.19 ÷ 10.06

3.79x

* Primary Listing of Service Corporation International.

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

  • Service Corporation International is overvalued based on assets compared to the Europe Consumer Services industry average.
X
Value checks
We assess Service Corporation International'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 Consumer 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 Consumer Services industry average (and greater than 0)? (1 check)
  5. Service Corporation International has a total score of 0/6, 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.

SVC Future Performance

 How is Service Corporation International 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
6.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Service Corporation International expected to grow at an attractive rate?
  • Service Corporation International's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Service Corporation International's earnings growth is positive but not above the Germany market average.
  • Service Corporation International's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:SVC Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:SVC Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 6.4%
DB:SVC Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 2.5%
Europe Consumer Services Industry Earnings Growth Rate Market Cap Weighted Average 17.7%
Europe Consumer Services Industry Revenue Growth Rate Market Cap Weighted Average 7.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14%
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:SVC 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 USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:SVC Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 3,493 687 439 1
2021-12-31 3,380 668 394 3
2020-12-31 3,267 587 336 3
2020-04-07
DB:SVC Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 3,231 629 370
2019-09-30 3,201 636 415
2019-06-30 3,210 563 414
2019-03-31 3,194 589 445
2018-12-31 3,190 616 447
2018-09-30 3,182 566 501
2018-06-30 3,135 596 489
2018-03-31 3,112 527 454
2017-12-31 3,095 503 547
2017-09-30 3,091 495 366
2017-06-30 3,081 461 357
2017-03-31 3,060 467 304

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Service Corporation International's earnings are expected to grow by 6.4% yearly, however this is not considered high growth (20% yearly).
  • Service Corporation International's revenue is expected to grow by 2.5% 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:SVC 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 Service Corporation International Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SVC Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 2.48 2.48 2.48 1.00
2021-12-31 2.17 2.30 1.92 3.00
2020-12-31 1.83 2.14 1.44 3.00
2020-04-07
DB:SVC Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 2.03
2019-09-30 2.28
2019-06-30 2.28
2019-03-31 2.45
2018-12-31 2.45
2018-09-30 2.73
2018-06-30 2.63
2018-03-31 2.43
2017-12-31 2.91
2017-09-30 1.94
2017-06-30 1.88
2017-03-31 1.59

*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.
  • Service Corporation International is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Service Corporation International'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 Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
Service Corporation International has a total score of 2/6, 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.

SVC Past Performance

  How has Service Corporation International 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 Service Corporation International's growth in the last year to its industry (Consumer 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.
  • Service Corporation International's year on year earnings growth rate has been positive over the past 5 years.
  • Service Corporation International's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Service Corporation International's 1-year earnings growth is negative, it can't be compared to the Europe Consumer Services industry average.
Earnings and Revenue History
Service Corporation International'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 Service Corporation International Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SVC Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 3,230.79 369.60 124.33
2019-09-30 3,200.84 415.49 996.70
2019-06-30 3,210.38 413.63 1,008.37
2019-03-31 3,193.90 444.54 1,008.53
2018-12-31 3,190.17 447.21 145.39
2018-09-30 3,182.09 501.48 351.38
2018-06-30 3,134.65 488.71 961.72
2018-03-31 3,111.80 453.95 983.14
2017-12-31 3,095.03 546.66 160.60
2017-09-30 3,091.35 365.59 763.31
2017-06-30 3,081.47 357.16 136.62
2017-03-31 3,059.63 304.30 116.01
2016-12-31 3,031.14 177.04 959.23
2016-09-30 2,991.36 183.15 123.88
2016-06-30 2,984.19 182.87 127.39
2016-03-31 2,987.14 220.23 128.47
2015-12-31 2,986.04 234.16 124.01
2015-09-30 3,000.20 248.26 121.86
2015-06-30 3,004.23 217.58 122.29
2015-03-31 2,996.63 190.70 120.37
2014-12-31 2,994.01 170.28 184.75
2014-09-30 2,877.80 113.18 118.77
2014-06-30 2,768.07 123.03 116.76
2014-03-31 2,645.54 130.60 112.94
2013-12-31 2,550.47 146.93 105.53
2013-09-30 2,512.66 143.96 123.41
2013-06-30 2,485.25 158.41 123.18

*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.
  • Whilst Service Corporation International has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.
  • Service Corporation International used its assets less efficiently than the Europe Consumer Services industry average last year based on Return on Assets.
  • Service Corporation International's use of capital has not improved over the past 3 years (Return on Capital Employed).
X
Past performance checks
We assess Service Corporation International'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 Consumer 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.
Service Corporation International has a total score of 1/6, 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.

SVC Health

 How is Service Corporation International'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 Service Corporation International's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Service Corporation International's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Service Corporation International's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Service Corporation International'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.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.1x 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 Service Corporation International Company Filings, last reported 3 months ago.

DB:SVC Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 1,823.26 3,414.79 186.28
2019-09-30 1,775.52 3,344.87 194.65
2019-06-30 1,744.22 3,434.76 243.68
2019-03-31 1,700.41 3,283.79 153.69
2018-12-31 1,641.82 3,406.35 198.85
2018-09-30 1,488.99 3,611.12 158.30
2018-06-30 1,476.40 3,589.29 164.46
2018-03-31 1,511.85 3,405.94 219.51
2017-12-31 1,409.44 3,499.90 330.04
2017-09-30 1,238.95 3,369.13 267.96
2017-06-30 1,204.98 3,361.67 224.89
2017-03-31 1,183.75 3,288.26 238.25
2016-12-31 1,095.25 3,307.52 194.99
2016-09-30 1,089.70 3,271.23 177.57
2016-06-30 1,167.82 3,203.28 171.79
2016-03-31 1,190.09 3,133.76 213.51
2015-12-31 1,189.40 3,146.24 134.60
2015-09-30 1,187.50 3,141.46 141.95
2015-06-30 1,333.74 3,059.88 199.10
2015-03-31 1,341.56 3,053.64 217.13
2014-12-31 1,377.38 3,082.52 177.34
2014-09-30 1,365.94 3,067.77 266.26
2014-06-30 1,425.60 3,151.80 140.52
2014-03-31 1,439.20 3,239.63 148.62
2013-12-31 1,480.23 3,307.06 141.58
2013-09-30 1,440.77 2,293.75 182.59
2013-06-30 1,417.86 1,956.80 221.09
  • Service Corporation International's level of debt (187.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (223.8% vs 187.3% today).
  • Debt is not well covered by operating cash flow (18.4%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.4x coverage).
X
Financial health checks
We assess Service Corporation International'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. Service Corporation International has a total score of 2/6, 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.

SVC Dividends

 What is Service Corporation International'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
1.99%
Current annual income from Service Corporation International dividends. Estimated to be 2.05% next year.
If you bought €2,000 of Service Corporation International shares you are expected to receive €40 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?
  • Service Corporation International's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.67%).
  • Service Corporation International's dividend is below the markets top 25% of dividend payers in Germany (4.71%).
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:SVC 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
Europe Consumer Services Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 2.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.7%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.7%

Industry and Market average data is calculated daily.

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

DB:SVC Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.84 1.00
2021-12-31 0.78 2.00
2020-12-31 0.76 2.00
2020-04-07
DB:SVC Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-02-20 0.760 1.776
2019-11-13 0.720 1.557
2019-08-14 0.720 1.556
2019-05-08 0.720 1.585
2019-02-21 0.720 1.757
2018-11-14 0.680 1.586
2018-08-15 0.680 1.580
2018-05-09 0.680 1.820
2018-02-13 0.680 1.794
2017-11-08 0.600 1.602
2017-10-26 0.600 1.686
2017-10-25 0.600 1.749
2017-05-10 0.600 1.775
2017-02-08 0.520 1.675
2016-11-08 0.520 1.867
2016-08-10 0.520 1.973
2016-05-11 0.520 1.911
2016-04-28 0.480 1.785
2016-04-27 0.480 1.800
2015-11-10 0.480 1.937
2015-08-12 0.480 1.675
2015-05-13 0.400 1.355
2015-04-30 0.400 1.435
2015-04-29 0.400 1.445
2015-02-13 0.400 1.530
2015-02-10 0.400 1.652
2014-11-11 0.360 1.595
2014-08-13 0.360 1.670
2014-08-01 0.320 1.497
2014-02-12 0.320 1.639
2013-11-12 0.280 1.566
2013-08-14 0.280 1.516
2013-05-08 0.280 1.552
2013-02-13 0.240 1.490
2012-11-14 0.240 1.670
2012-08-07 0.240 1.779
2012-05-09 0.240 1.996
2012-02-08 0.200 1.791
2011-11-08 0.200 1.920
2011-08-10 0.200 2.058
2011-05-11 0.200 1.809
2011-02-09 0.200 1.801
2010-11-10 0.160 1.916
2010-08-11 0.160 1.929
2010-05-12 0.160 1.981
2010-04-30 0.160 1.816
2009-11-11 0.160 1.929
2009-08-13 0.160 2.228
2009-05-13 0.160 2.792

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

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Service Corporation International's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.8x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3x coverage).
X
Income/ dividend checks
We assess Service Corporation International's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Service Corporation International afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Service Corporation International has a total score of 5/6, see the detailed checks below.


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

SVC Management

 What is the CEO of Service Corporation International'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
Tom Ryan
COMPENSATION $12,510,895
AGE 54
TENURE AS CEO 15.2 years
CEO Bio

Mr. Thomas Luke Ryan, also known as Tom, has been Independent Trust Manager of Weingarten Realty Investors since August 7, 2012. Mr. Ryan is the President of Service Corporation International since April 1, 2019. He has been the Chief Executive Officer of Service Corporation International since February 2005 and served as its President July 2002. Mr. Ryan has been the Chief Executive Officer at Heritage Service Corporation since February 2005 and also has been its President since July 2002. He served as the Chief Operating Officer at Service Corp. International and Heritage Service Corporation from July 2002 to February 2005. He joined Service Corporation International and Heritage Service Corporation in June 1996 and has served in a variety of financial management roles. He served as a Vice President of International Finance of Service Corporation International and Heritage Service Corporation since February 1999, Chief Executive Officer of European Operations based in Paris, France from November 2000 to 2002. He served as a Certified Public Accountant of Coopers & Lybrand LLP for more than five years. He served as a Finance and Accounting Professional of PricewaterhouseCoopers LLP. He has been Chairman of Service Corporation International since January 2016. He has been Director of Service Corp. International since May 13, 2004. He serves as a Director of Heritage Service Corporation. He serves as Director of Chesapeake Energy Corporation at Chesapeake Louisiana, L.P. He serves as the Director of Chesapeake Energy Corporation at Chesapeake Appalachia, L.L.C. He has been an Independent Director of Chesapeake Energy Corporation, the Sole Manager of Chesapeake Operating, L.L.C., Sole Manager of Chesapeake Midstream Development, L.L.C., Chesapeake Land Development Company, L.L.C., Chesapeake Plains Llc and Northern Michigan Exploration Company LLC since May 2013. He served as Director of Texas Industries Inc. since July 11, 2012. He has been a Director of Service Corporation International since May 13, 2004. He has been a Director of American Diabetes Association, Inc. since July 11, 2012. He serves as the Chairman of the Board of Trustees at the United Way of Greater Houston. He serves as a Member of Advisory Council at Red McCombs School of Business. He serves as a Member of the Advisory Board at Salvation Army Greater Houston Area Command and Director of the GHCF Community Foundation Council. He is a Member of the Young President' Organization and serves on the Board of Trustees of the Texas Gulf Coast United Way. He also serves on the University of Texas McCombs Business School Advisory Council. He served as a Director of Greater Houston Partnership, Inc. He holds a Bachelor of Business Administration Degree from the University of Texas-Austin.

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

Average tenure and age of the Service Corporation International management team in years:

10.2
Average Tenure
55.5
Average Age
  • The average tenure for the Service Corporation International management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Tom Ryan

TITLE
Chairman
COMPENSATION
$13M
AGE
54
TENURE
15.2 yrs

Eric Tanzberger

TITLE
Senior VP & CFO
COMPENSATION
$3M
AGE
50
TENURE
13.8 yrs

Sumner Waring

TITLE
Senior VP of Operations & COO
COMPENSATION
$3M
AGE
50
TENURE
1 yrs

Greg Sangalis

TITLE
Senior VP
COMPENSATION
$3M
AGE
63
TENURE
12.8 yrs

Steve Tidwell

TITLE
Senior Vice President of Sales & Marketing
COMPENSATION
$2M
AGE
57
TENURE
7.7 yrs

Debbie Young

TITLE
Director of Investor Relations

Jay Andrew

TITLE
Director of Corporate Communications

Jamie Pierce

TITLE
VP & Chief Marketing Officer
AGE
34
TENURE
2.3 yrs

Phil Sprick

TITLE
Vice President of Human Resources
AGE
63
TENURE
4.3 yrs

Elisabeth Nash

TITLE
Senior Vice President of Operations Services
AGE
57
TENURE
16.3 yrs
Board of Directors Tenure

Average tenure and age of the Service Corporation International board of directors in years:

6.4
Average Tenure
67.5
Average Age
  • The tenure for the Service Corporation International board of directors is about average.
Board of Directors

Tom Ryan

TITLE
Chairman
COMPENSATION
$13M
AGE
54
TENURE
4.3 yrs

Bob Waltrip

TITLE
Founder & Chairman Emeritus
COMPENSATION
$4M
AGE
88
TENURE
4.3 yrs

Vic Lund

TITLE
Independent Director
COMPENSATION
$295K
AGE
71
TENURE
20.3 yrs

William Waltrip

TITLE
Non-Independent Director
COMPENSATION
$285K
AGE
64
TENURE
34.3 yrs

Alan Buckwalter

TITLE
Independent Director
COMPENSATION
$290K
AGE
72
TENURE
16.9 yrs

Marc Watts

TITLE
Independent Director
COMPENSATION
$285K
AGE
60
TENURE
7.9 yrs

Tony Coelho

TITLE
Lead Independent Director
COMPENSATION
$310K
AGE
76
TENURE
4.3 yrs

Cliff Morris

TITLE
Independent Director
COMPENSATION
$280K
AGE
84
TENURE
30.3 yrs

Lauri Ochoa

TITLE
Independent Director
COMPENSATION
$270K
AGE
60
TENURE
4.9 yrs

Jakki Haussler

TITLE
Independent Director
COMPENSATION
$270K
AGE
62
TENURE
1.9 yrs
Who owns this company?
Recent Insider Trading
  • Service Corporation International individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
27. Feb 20 Sell Anthony Coelho Individual 26. Feb 20 26. Feb 20 -2,000 €46.93 €-93,861
16. Sep 19 Sell Tammy Moore Individual 12. Sep 19 12. Sep 19 -12,698 €42.82 €-543,742
10. Sep 19 Sell Tammy Moore Individual 06. Sep 19 06. Sep 19 -7,900 €42.44 €-335,274
17. Jun 19 Sell Marcus Watts Individual 13. Jun 19 13. Jun 19 -8,130 €40.54 €-329,569
06. Jun 19 Sell William Waltrip Individual 04. Jun 19 04. Jun 19 -31,750 €39.61 €-1,257,590
X
Management checks
We assess Service Corporation International'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. Service Corporation International 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.

SVC News

Simply Wall St News

SVC Company Info

Description

Service Corporation International provides deathcare products and services in the United States and Canada. The company operates through Funeral and Cemetery segments. Its funeral service and cemetery operations comprise funeral service locations, cemeteries, funeral service/cemetery combination locations, crematoria, and other businesses. The company also provides professional services relating to funerals and cremations, including the use of funeral facilities and motor vehicles; arranging and directing services; and removal, preparation, embalming, cremation, memorialization, and travel protection, as well as catering services. In addition, it offers funeral merchandise, including burial caskets and related accessories, urns and other cremation receptacles, outer burial containers, flowers, online and video tributes, stationery products, casket and cremation memorialization products, and other ancillary merchandise. Further, the company’s cemeteries provide cemetery property interment rights, such as developed lots, lawn crypts, mausoleum spaces, niches, and other cremation memorialization and interment options; and sells cemetery merchandise and services, including memorial markers and bases, outer burial containers, flowers and floral placements, graveside services, merchandise installations, and interments, as well as offers preneed cemetery merchandise and services. Service Corporation International offers its products and services under the Dignity Memorial, Dignity Planning, National Cremation Society, Advantage Funeral and Cremation Services, Funeraria del Angel, Making Everlasting Memories, Neptune Society, and Trident Society brands. As of December 31, 2019, it owned and operated 1,471 funeral service locations; and 482 cemeteries, including 290 funeral service/cemetery combination locations covering 44 states, 8 Canadian provinces, the District of Columbia, and Puerto Rico. The company was founded in 1962 and is headquartered in Houston, Texas.

Details
Name: Service Corporation International
SVC
Exchange: DB
Founded: 1962
$6,396,348,322
181,126,331
Website: http://www.sci-corp.com
Address: Service Corporation International
1929 Allen Parkway,
Houston,
Texas, 77019,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE SCI Common Stock New York Stock Exchange US USD 06. Jan 1971
DB SVC Common Stock Deutsche Boerse AG DE EUR 06. Jan 1971
BRSE SVC Common Stock Berne Stock Exchange CH CHF 06. Jan 1971
BMV SCI * Common Stock Bolsa Mexicana de Valores MX MXN 06. Jan 1971
Number of employees
Current staff
Staff numbers
20,457
Service Corporation International employees.
Industry
Specialized Consumer Services
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 23:01
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/04/07
Last earnings filing: 2020/02/18
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.