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Shawcor

DB:S9W
Snowflake Description

Fair value with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
S9W
DB
CA$144M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Shawcor Ltd., an energy services company, provides products and services for the infrastructure, energy, and transportation markets in North America, Latin America, Europe, the Middle East, Africa, Russia, and the Asia Pacific. The last earnings update was 39 days ago. More info.


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  • Shawcor has significant price volatility in the past 3 months.
S9W Share Price and Events
7 Day Returns
49.2%
DB:S9W
8.1%
Europe Energy Services
-0.6%
DE Market
1 Year Returns
-90.7%
DB:S9W
-57.2%
Europe Energy Services
-20.9%
DE Market
S9W Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Shawcor (S9W) 49.2% -68.7% -83.9% -90.7% -95.3% -95.5%
Europe Energy Services 8.1% -27.8% -50.1% -57.2% -65.6% -87.6%
DE Market -0.6% -16.6% -26% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • S9W underperformed the Energy Services industry which returned -57.2% over the past year.
  • S9W underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
S9W
Industry
5yr Volatility vs Market

Value

 Is Shawcor 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 Shawcor 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 Shawcor.

DB:S9W Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 7 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.5%
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:S9W
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Energy Services Unlevered Beta Simply Wall St/ S&P Global 0.91
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.912 (1 + (1- 26.5%) (364.12%))
2.575
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 5.44%)
10.49%

Discounted Cash Flow Calculation for DB:S9W using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Shawcor 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:S9W DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CAD, Millions) Source Present Value
Discounted (@ 10.49%)
2020 17.07 Analyst x3 15.45
2021 48.67 Analyst x3 39.86
2022 75.00 Analyst x1 55.60
2023 95.49 Est @ 27.33% 64.07
2024 113.65 Est @ 19.01% 69.02
2025 128.64 Est @ 13.19% 70.70
2026 140.37 Est @ 9.12% 69.82
2027 149.16 Est @ 6.26% 67.15
2028 155.53 Est @ 4.27% 63.37
2029 159.99 Est @ 2.87% 59.00
Present value of next 10 years cash flows CA$574.00
DB:S9W DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CA$159.99 × (1 + -0.39%) ÷ (10.49% – -0.39%)
CA$1,464.78
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CA$1,464.78 ÷ (1 + 10.49%)10
CA$540.18
DB:S9W Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CA$574.00 + CA$540.18
CA$1,114.18
Equity Value per Share
(CAD)
= Total value / Shares Outstanding
= CA$1,114.18 / 70.29
CA$15.85
DB:S9W Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:S9W represents 0.6439x of TSX:SCL
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.6439x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (CAD) x Listing Adjustment Factor
= CA$ 15.85 x 0.6439
€10.21
Value per share (EUR) From above. €10.21
Current discount Discount to share price of €1.32
= -1 x (€1.32 - €10.21) / €10.21
87.1%

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

Current Discount
Amount off the current price Shawcor is available for.
Intrinsic value
>50%
Share price is €1.32 vs Future cash flow value of €10.21
Current Discount Checks
For Shawcor to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Shawcor's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Shawcor's share price is below the future cash flow value, and 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 Shawcor's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Shawcor's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:S9W PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CAD CA$-0.47
TSX:SCL Share Price ** TSX (2020-04-06) in CAD CA$2.05
Europe Energy Services Industry PE Ratio Median Figure of 31 Publicly-Listed Energy Services Companies 8.85x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.45x

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

** Primary Listing of Shawcor.

DB:S9W PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:SCL Share Price ÷ EPS (both in CAD)

= 2.05 ÷ -0.47

-4.32x

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

  • Shawcor is loss making, we can't compare its value to the Europe Energy Services industry average.
  • Shawcor is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Shawcor's expected growth come at a high price?
Raw Data
DB:S9W PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.32x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts
106.9%per year
Europe Energy Services Industry PEG Ratio Median Figure of 20 Publicly-Listed Energy Services Companies 0.51x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Shawcor, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Shawcor's assets?
Raw Data
DB:S9W PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CAD CA$13.47
TSX:SCL Share Price * TSX (2020-04-06) in CAD CA$2.05
Europe Energy Services Industry PB Ratio Median Figure of 70 Publicly-Listed Energy Services Companies 0.4x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:S9W PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:SCL Share Price ÷ Book Value per Share (both in CAD)

= 2.05 ÷ 13.47

0.15x

* Primary Listing of Shawcor.

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

  • Shawcor is good value based on assets compared to the Europe Energy Services industry average.
X
Value checks
We assess Shawcor'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 Energy 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 Energy Services industry average (and greater than 0)? (1 check)
  5. Shawcor 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 Shawcor expected to perform in the next 1 to 3 years based on estimates from 7 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
106.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Shawcor expected to grow at an attractive rate?
  • Shawcor's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Shawcor's earnings growth is expected to exceed the Germany market average.
  • Shawcor's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:S9W Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:S9W Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts 106.9%
DB:S9W Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 7 Analysts -4.6%
Europe Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 21.1%
Europe Energy Services Industry Revenue Growth Rate Market Cap Weighted Average -0.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*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:S9W Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:S9W Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 1,442 115 37 1
2021-12-31 1,315 110 14 7
2020-12-31 1,302 75 -3 7
2020-04-06
DB:S9W Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-12-31 1,489 54 -33
2019-09-30 1,510 56 53
2019-06-30 1,466 28 57
2019-03-31 1,408 78 13
2018-12-31 1,409 31 26
2018-09-30 1,482 76 42
2018-06-30 1,526 161 51
2018-03-31 1,556 174 60
2017-12-31 1,565 178 71
2017-09-30 1,468 137 78
2017-06-30 1,332 94 -115
2017-03-31 1,204 22 -173

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Shawcor's earnings are expected to grow significantly at over 20% yearly.
  • Shawcor's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
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:S9W 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 7 Analyst Estimates (S&P Global) See Below

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

DB:S9W Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 0.52 0.52 0.52 1.00
2021-12-31 0.15 0.44 -0.10 5.00
2020-12-31 -0.35 0.23 -0.75 4.00
2020-04-06
DB:S9W Past Financials Data
Date (Data in CAD Millions) EPS *
2019-12-31 -0.47
2019-09-30 0.75
2019-06-30 0.81
2019-03-31 0.19
2018-12-31 0.37
2018-09-30 0.60
2018-06-30 0.73
2018-03-31 0.85
2017-12-31 1.02
2017-09-30 1.14
2017-06-30 -1.71
2017-03-31 -2.62

*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.
  • Shawcor is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Shawcor'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.
Shawcor has a total score of 3/6, 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 Shawcor 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 Shawcor's growth in the last year to its industry (Energy 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.
  • Shawcor does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Shawcor's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Shawcor's 1-year growth to the Europe Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
Shawcor'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 Shawcor Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:S9W Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 1,489.49 -33.29 299.76 12.65
2019-09-30 1,509.53 52.86 305.82 13.11
2019-06-30 1,466.10 56.71 284.38 12.18
2019-03-31 1,407.68 12.97 288.82 12.08
2018-12-31 1,408.87 25.88 300.29 11.88
2018-09-30 1,481.54 41.86 321.32 11.13
2018-06-30 1,526.00 51.02 337.61 11.06
2018-03-31 1,556.21 59.59 343.32 10.02
2017-12-31 1,565.50 71.16 342.99 10.54
2017-09-30 1,467.87 78.09 331.49 10.88
2017-06-30 1,331.95 -115.47 325.30 10.08
2017-03-31 1,203.74 -173.03 315.84 12.55
2016-12-31 1,209.26 -180.96 320.64 13.24
2016-09-30 1,335.34 -177.34 327.83 13.57
2016-06-30 1,561.63 34.79 335.21 14.08
2016-03-31 1,704.29 67.93 362.07 13.90
2015-12-31 1,810.65 98.24 371.95 13.66
2015-09-30 1,855.35 46.69 383.24 12.48
2015-06-30 1,839.52 14.20 393.60 12.36
2015-03-31 1,882.89 70.69 380.90 12.95
2014-12-31 1,890.03 94.86 376.65 13.05
2014-09-30 1,799.82 137.91 381.14 14.99
2014-06-30 1,856.08 205.25 380.89 16.95
2014-03-31 1,871.95 211.21 377.50 15.92
2013-12-31 1,847.55 219.86 371.96 15.69
2013-09-30 1,877.29 277.74 346.15 14.42
2013-06-30 1,741.94 258.20 326.68 13.53

*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.
  • It is difficult to establish if Shawcor has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Shawcor has efficiently used its assets last year compared to the Europe Energy Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Shawcor improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Shawcor'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 Energy 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.
Shawcor has a total score of 0/6, 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 Shawcor'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 Shawcor's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Shawcor is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Shawcor's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Shawcor'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 covered by short term assets, assets are 1.4x 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 Shawcor Company Filings, last reported 3 months ago.

DB:S9W Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 949.95 435.46 98.22
2019-09-30 1,053.92 445.26 82.27
2019-06-30 1,058.87 474.07 122.41
2019-03-31 1,035.99 170.07 103.05
2018-12-31 1,069.65 267.78 219.31
2018-09-30 1,038.90 254.06 190.25
2018-06-30 1,056.97 258.44 241.82
2018-03-31 1,063.29 253.05 248.38
2017-12-31 1,044.78 246.18 289.07
2017-09-30 1,031.24 244.89 213.15
2017-06-30 1,046.25 254.67 168.91
2017-03-31 1,046.63 261.00 146.64
2016-12-31 1,043.04 265.99 196.71
2016-09-30 847.43 355.71 117.21
2016-06-30 1,020.98 353.34 118.39
2016-03-31 1,085.38 455.73 280.96
2015-12-31 1,125.20 485.15 263.60
2015-09-30 1,090.36 469.24 187.43
2015-06-30 1,016.66 432.37 172.83
2015-03-31 1,048.17 448.67 99.31
2014-12-31 980.61 411.73 117.11
2014-09-30 957.21 478.13 103.97
2014-06-30 754.80 385.33 50.05
2014-03-31 724.59 391.20 64.22
2013-12-31 658.58 379.80 86.01
2013-09-30 623.56 402.87 111.46
2013-06-30 549.88 378.73 97.21
  • Shawcor's level of debt (45.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (42% vs 45.8% today).
  • Debt is not well covered by operating cash flow (12.4%, less than 20% of total debt).
  • Shawcor is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Shawcor'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. Shawcor 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.

Dividends

 What is Shawcor'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
0%
Current annual income from Shawcor dividends. Estimated to be 17.38% next year.
If you bought €2,000 of Shawcor shares you are expected to receive €0 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?
  • Unable to evaluate Shawcor's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Shawcor's dividend against the top 25% market benchmark as the company has not reported any payouts.
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:S9W 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 7 Analyst Estimates (S&P Global) See Below
Europe Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 6.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 315 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:S9W Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.60 1.00
2021-12-31 0.40 3.00
2020-12-31 0.26 4.00
2020-04-06
DB:S9W Past Annualized Dividends Data
Date (Data in CA$) Dividend per share (annual) Avg. Yield (%)
2020-02-27 0.000 0.000
2019-08-08 0.600 4.567
2019-05-14 0.600 3.420
2019-03-06 0.600 2.931
2018-11-06 0.600 3.105
2018-08-09 0.600 2.349
2018-05-08 0.600 2.316
2018-03-01 0.600 2.413
2017-11-10 0.600 2.219
2017-08-10 0.600 2.267
2017-05-09 0.600 2.103
2017-03-02 0.600 1.613
2016-11-09 0.600 1.737
2016-08-10 0.600 1.858
2016-03-02 0.600 1.987
2015-11-05 0.600 2.139
2015-08-06 0.600 2.109
2015-05-12 0.600 1.677
2015-03-04 0.600 1.600
2014-11-06 0.600 1.470
2014-08-08 0.600 1.105
2014-05-01 0.600 1.079
2014-02-27 0.000 0.000
2013-11-07 0.000 0.000
2013-08-08 0.000 0.000

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

  • Unable to perform a dividend volatility check as Shawcor has not reported any payouts.
  • Unable to verify if Shawcor's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Shawcor's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Shawcor has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are not well covered by earnings (0.4x coverage).
X
Income/ dividend checks
We assess Shawcor'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 Shawcor afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Shawcor has a total score of 0/6, 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 Shawcor'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
Steve Orr
COMPENSATION CA$2,584,349
AGE 55
TENURE AS CEO 5.9 years
CEO Bio

Mr. Stephen M. Orr, also known as Steve, has been the Chief Executive Officer and President of ShawCor Ltd. since May 1, 2014 and September 3, 2013 respectively. Mr. Orr served a senior executive position with a leading global energy services company. He has more than 20 year career with ShawCor Ltd., and served in senior roles in many locations throughout North America, Europe and the Asia Pacific region. He has been a Director at ShawCor Ltd. since May 1, 2014. He was the President of the Drilling Group of Schlumberger Oilfield Services, from May 2012 until June 2013. From August 2010 he was the President of the M-I Swaco division of Schlumberger Oilfield Services.

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

Average tenure of the Shawcor management team in years:

2.2
Average Tenure
  • The tenure for the Shawcor management team is about average.
Management Team

Steve Orr

TITLE
President
COMPENSATION
CA$3M
AGE
55
TENURE
5.9 yrs

Gaston Tano

TITLE
Senior VP of Finance & CFO
COMPENSATION
CA$995K
AGE
50
TENURE
2.9 yrs

Kevin Reizer

TITLE
Group President of Pipeline Performance
COMPENSATION
CA$2M

Henri Tausch

TITLE
Senior Vice President of Corporate Development and Solutions
COMPENSATION
CA$1M
TENURE
1.4 yrs

Joe Tabak

TITLE
Group President of Composite Production Systems
COMPENSATION
CA$1M
TENURE
3.9 yrs

Paul Pierroz

TITLE
Senior Vice President of Corporate & Investor Relations
TENURE
0.4 yrs

T. Hutzul

TITLE
Senior VP of Legal & General Counsel
TENURE
0.3 yrs

G.W. Smith

TITLE
Senior Vice President of Human Resources
TENURE
0.3 yrs

R. Dunn

TITLE
Senior Vice President of Research & Development and Operations
TENURE
3.1 yrs

C.V. Havern

TITLE
Group President of Integrity Management
Board of Directors Tenure

Average tenure and age of the Shawcor board of directors in years:

5.9
Average Tenure
64
Average Age
  • The tenure for the Shawcor board of directors is about average.
Board of Directors

Don Wishart

TITLE
Independent Chairman of the Board
COMPENSATION
CA$275K
AGE
64
TENURE
1.9 yrs

Steve Orr

TITLE
President
COMPENSATION
CA$3M
AGE
55
TENURE
5.9 yrs

E. Valiquette

TITLE
Independent Director
COMPENSATION
CA$203K
AGE
67
TENURE
15.1 yrs

Derek Blackwood

TITLE
Independent Director
COMPENSATION
CA$201K
AGE
64
TENURE
8.9 yrs

Michael Hanley

TITLE
Independent Director
COMPENSATION
CA$171K
AGE
53
TENURE
4.9 yrs

Jim Derrick

TITLE
Independent Director
COMPENSATION
CA$213K
AGE
73
TENURE
12.7 yrs

John Baldwin

TITLE
Independent Director
COMPENSATION
CA$228K
AGE
68
TENURE
10.1 yrs

Kevin Forbes

TITLE
Independent Director
COMPENSATION
CA$218K
AGE
60
TENURE
5.9 yrs

Pam Pierce

TITLE
Independent Director
COMPENSATION
CA$185K
AGE
64
TENURE
5.8 yrs

Rob Mionis

TITLE
Independent Director
COMPENSATION
CA$10K
AGE
56
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Shawcor individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
03. Apr 20 Buy Paul Pierroz Individual 31. Mar 20 31. Mar 20 849 €1.14 €965
25. Mar 20 Buy C.V. Havern Individual 18. Mar 20 18. Mar 20 20,000 €0.47 €9,307
18. Mar 20 Buy Stephen Orr Individual 17. Mar 20 17. Mar 20 10,000 €0.75 €7,504
18. Mar 20 Buy Darrell Ewert Individual 17. Mar 20 17. Mar 20 20,000 €0.71 €14,111
30. Mar 20 Buy Timothy Hutzul Individual 30. Mar 20 30. Mar 20 6,944 €0.90 €6,232
30. Mar 20 Buy R. Dunn Individual 27. Mar 20 27. Mar 20 12,000 €0.89 €10,689
30. Mar 20 Buy James Derrick Individual 27. Mar 20 27. Mar 20 150,000 €0.95 €141,792
27. Mar 20 Buy Henricus Adrianus Antonius Tausch Individual 27. Mar 20 27. Mar 20 10,000 €0.91 €9,109
26. Mar 20 Buy Paul Pierroz Individual 25. Mar 20 26. Mar 20 10,000 €1.17 €11,192
20. Mar 20 Buy Joseph Tabak Individual 18. Mar 20 18. Mar 20 10,000 €0.49 €4,894
19. Mar 20 Buy Stephen Orr Individual 19. Mar 20 19. Mar 20 15,000 €0.64 €9,573
19. Mar 20 Buy Paul Pierroz Individual 17. Mar 20 17. Mar 20 1,500 €0.74 €1,116
19. Mar 20 Buy Gaston Tano Individual 18. Mar 20 19. Mar 20 26,000 €0.62 €15,796
12. Mar 20 Buy Joseph Tabak Individual 11. Mar 20 11. Mar 20 10,000 €2.36 €22,512
12. Mar 20 Buy Gaston Tano Individual 12. Mar 20 12. Mar 20 11,500 €1.73 €19,477
12. Mar 20 Buy Kevin Reizer Individual 12. Mar 20 12. Mar 20 11,700 €1.50 €17,538
13. Mar 20 Buy Giuseppe Biasco Individual 12. Mar 20 12. Mar 20 11,000 €1.77 €19,484
13. Mar 20 Buy Joseph Tabak Individual 12. Mar 20 12. Mar 20 5,000 €1.63 €8,131
11. Mar 20 Buy Joseph Tabak Individual 10. Mar 20 10. Mar 20 6,500 €2.52 €16,410
10. Mar 20 Buy Henricus Adrianus Antonius Tausch Individual 10. Mar 20 10. Mar 20 3,000 €2.71 €8,117
10. Mar 20 Buy Paul Pierroz Individual 10. Mar 20 10. Mar 20 10,000 €2.53 €25,317
02. Mar 20 Buy Darrell Ewert Individual 02. Mar 20 02. Mar 20 1,000 €5.63 €5,608
04. Mar 20 Buy Pamela Pierce Individual 03. Mar 20 03. Mar 20 5,000 €5.32 €26,587
01. Oct 19 Buy Stephen Orr Individual 30. Sep 19 30. Sep 19 1,300 €10.65 €13,851
26. Sep 19 Buy Frank Cistrone Individual 26. Sep 19 26. Sep 19 750 €10.85 €8,141
27. Aug 19 Buy Joseph Tabak Individual 26. Aug 19 26. Aug 19 1,000 €10.95 €10,949
26. Aug 19 Buy Joseph Tabak Individual 23. Aug 19 23. Aug 19 1,000 €10.99 €10,987
23. Aug 19 Buy Joseph Tabak Individual 22. Aug 19 22. Aug 19 1,000 €11.38 €11,376
19. Aug 19 Buy Stephen Orr Individual 16. Aug 19 16. Aug 19 5,000 €10.88 €54,417
03. Jun 19 Buy Paul Pierroz Individual 30. May 19 31. May 19 7,100 €11.55 €81,912
03. Jun 19 Buy Pamela Pierce Individual 31. May 19 31. May 19 3,000 €11.65 €34,960
X
Management checks
We assess Shawcor'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. Shawcor 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

Shawcor Ltd., an energy services company, provides products and services for the infrastructure, energy, and transportation markets in North America, Latin America, Europe, the Middle East, Africa, Russia, and the Asia Pacific. The company operates through three segments: Pipeline and Pipe Services, Composite Systems, and Automotive and Industrial. The company offers pipe, insulation, and weight coating systems, as well as custom coating and field joint application services for onshore and offshore pipelines; manufactures and sells heat shrinkable sleeves, adhesives, and liquid coatings for pipeline joint protection applications; designs and assembles engineered pipe logistics products and services; and provides ultrasonic and radiographic pipeline girth weld inspection services for pipeline operators and construction contractors. It also offers spoolable and stick composite pipe systems; high density polyethylene pipes for use in oil and gas gathering, water disposal, carbon dioxide injection pipelines, and other applications; and reinforced plastic underground storage tanks for the retail fuel, water and wastewater, and oil and gas markets. In addition, the company offers tubular management services, including inventory management systems, mobile and in-plant inspection, and refurbishment and rethreading of drill pipe, production tubing and casing, and tubular products; non-destructive testing services for oil and gas gathering pipelines and oilfield infrastructure integrity management services; and pipeline engineering and integrity management services to pipeline operators. Further, it provides heat-shrinkable products, including tubings, sleeve and molded products, and heat-shrink accessories and equipment; and wires and cables for the control, instrumentation, thermocouple, power, marine, and robotics applications. The company was formerly known as Shaw Industries Ltd. and changed its name to Shawcor Ltd. in 2001. Shawcor Ltd. is headquartered in Toronto, Canada.

Details
Name: Shawcor Ltd.
S9W
Exchange: DB
Founded:
CA$94,190,550
70,291,804
Website: http://www.shawcor.com
Address: Shawcor Ltd.
25 Bethridge Road,
Toronto,
Ontario, M9W 1M7,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX SCL Common Shares The Toronto Stock Exchange CA CAD 27. Mar 2013
OTCPK SAWL.F Common Shares Pink Sheets LLC US USD 27. Mar 2013
DB S9W Common Shares Deutsche Boerse AG DE EUR 27. Mar 2013
Number of employees
Current staff
Staff numbers
5,938
Shawcor employees.
Industry
Oil and Gas Equipment and Services
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 23:53
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2020/04/06
Last earnings filing: 2020/02/27
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.