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Senior

BATS-CHIXE:SNRL
Snowflake Description

Very undervalued with excellent balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SNRL
BATS-CHIXE
£270M
Market Cap
  1. Home
  2. GB
  3. Capital Goods
Company description

Senior plc designs, manufactures, and markets high-technology components and systems for the principal original equipment producers in the aerospace, defense, land vehicle, and power and energy markets worldwide. The last earnings update was 36 days ago. More info.


Add to Portfolio Compare Print
  • Senior has significant price volatility in the past 3 months.
SNRL Share Price and Events
7 Day Returns
-10.8%
BATS-CHIXE:SNRL
0.6%
GB Aerospace & Defense
0.1%
GB Market
1 Year Returns
-71.5%
BATS-CHIXE:SNRL
-0.8%
GB Aerospace & Defense
-23.6%
GB Market
SNRL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Senior (SNRL) -10.8% -55.3% -65.6% -71.5% -70% -82.6%
GB Aerospace & Defense 0.6% -15.8% -19.2% -0.8% -15.2% -21.8%
GB Market 0.1% -15.5% -27% -23.6% -24.3% -23.5%
1 Year Return vs Industry and Market
  • SNRL underperformed the Aerospace & Defense industry which returned -0.8% over the past year.
  • SNRL underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -23.6% over the past year.
Price Volatility
SNRL
Industry
5yr Volatility vs Market

SNRL Value

 Is Senior 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 Senior 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 Senior.

BATS-CHIXE:SNRL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 9 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.5%
Perpetual Growth Rate 10-Year GB Government Bond Rate 0.5%

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 BATS-CHIXE:SNRL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 6.1%
Aerospace & Defense Unlevered Beta Simply Wall St/ S&P Global 0.85
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.846 (1 + (1- 19%) (91.04%))
1.315
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.31
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (1.315 * 6.07%)
8.51%

Discounted Cash Flow Calculation for BATS-CHIXE:SNRL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Senior 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.

BATS-CHIXE:SNRL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 8.51%)
2020 19.89 Analyst x7 18.33
2021 34.19 Analyst x8 29.04
2022 44.13 Analyst x7 34.54
2023 51.00 Analyst x1 36.79
2024 55.83 Est @ 9.47% 37.11
2025 59.62 Est @ 6.79% 36.52
2026 62.54 Est @ 4.91% 35.31
2027 64.79 Est @ 3.6% 33.71
2028 66.53 Est @ 2.68% 31.90
2029 67.88 Est @ 2.03% 30.00
Present value of next 10 years cash flows £323.00
BATS-CHIXE:SNRL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= £67.88 × (1 + 0.53%) ÷ (8.51% – 0.53%)
£855.15
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £855.15 ÷ (1 + 8.51%)10
£377.88
BATS-CHIXE:SNRL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £323.00 + £377.88
£700.88
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £700.88 / 413.10
£1.7
BATS-CHIXE:SNRL Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BATS-CHIXE:SNRL represents 0.95785x of LSE:SNR
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.95785x
Value per Share
(Listing Adjusted, GBP)
= Value per Share (GBP) x Listing Adjustment Factor
= £ 1.70 x 0.95785
£1.63
Value per share (GBP) From above. £1.63
Current discount Discount to share price of £0.63
= -1 x (£0.63 - £1.63) / £1.63
61.5%

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

Current Discount
Amount off the current price Senior is available for.
Intrinsic value
>50%
Share price is £0.63 vs Future cash flow value of £1.63
Current Discount Checks
For Senior to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Senior's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Senior'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 Senior's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Senior's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BATS-CHIXE:SNRL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in GBP £0.07
LSE:SNR Share Price ** LSE (2020-04-06) in GBP £0.65
United Kingdom of Great Britain and Northern Ireland Aerospace & Defense Industry PE Ratio Median Figure of 9 Publicly-Listed Aerospace & Defense Companies 17.96x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 748 Publicly-Listed Companies 12.61x

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

** Primary Listing of Senior.

BATS-CHIXE:SNRL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:SNR Share Price ÷ EPS (both in GBP)

= 0.65 ÷ 0.07

9.27x

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

  • Senior is good value based on earnings compared to the GB Aerospace & Defense industry average.
  • Senior is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Senior's expected growth come at a high price?
Raw Data
BATS-CHIXE:SNRL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 9.27x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts
23.4%per year
United Kingdom of Great Britain and Northern Ireland Aerospace & Defense Industry PEG Ratio Median Figure of 8 Publicly-Listed Aerospace & Defense Companies 2.01x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 517 Publicly-Listed Companies 0.99x

*Line of best fit is calculated by linear regression .

BATS-CHIXE:SNRL PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 9.27x ÷ 23.4%

0.4x

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

  • Senior is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Senior's assets?
Raw Data
BATS-CHIXE:SNRL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in GBP £1.35
LSE:SNR Share Price * LSE (2020-04-06) in GBP £0.65
United Kingdom of Great Britain and Northern Ireland Aerospace & Defense Industry PB Ratio Median Figure of 13 Publicly-Listed Aerospace & Defense Companies 2.12x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,323 Publicly-Listed Companies 1.11x
BATS-CHIXE:SNRL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:SNR Share Price ÷ Book Value per Share (both in GBP)

= 0.65 ÷ 1.35

0.48x

* Primary Listing of Senior.

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

  • Senior is good value based on assets compared to the GB Aerospace & Defense industry average.
X
Value checks
We assess Senior'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 Aerospace & Defense 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 Aerospace & Defense industry average (and greater than 0)? (1 check)
  5. Senior has a total score of 6/6, 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.

SNRL Future Performance

 How is Senior expected to perform in the next 1 to 3 years based on estimates from 9 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
23.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Senior expected to grow at an attractive rate?
  • Senior's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Senior's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Senior's revenues are expected to decrease over the next 1-3 years, this is below the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
BATS-CHIXE:SNRL Future Growth Rates Data Sources
Data Point Source Value (per year)
BATS-CHIXE:SNRL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts 23.4%
BATS-CHIXE:SNRL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 9 Analysts -1.6%
United Kingdom of Great Britain and Northern Ireland Aerospace & Defense Industry Earnings Growth Rate Market Cap Weighted Average 13.8%
United Kingdom of Great Britain and Northern Ireland Aerospace & Defense Industry Revenue Growth Rate Market Cap Weighted Average 6.5%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.5%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 2.5%

*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
BATS-CHIXE:SNRL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BATS-CHIXE:SNRL Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 1,048 131 57 1
2022-12-31 1,041 114 52 8
2021-12-31 953 96 32 9
2020-12-31 877 63 14 9
2020-04-07
BATS-CHIXE:SNRL Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-12-31 1,111 116 29
2019-09-30 1,125 105 39
2019-06-30 1,139 93 45
2019-03-31 1,111 97 48
2018-12-31 1,082 101 54
2018-09-30 1,059 108 59
2018-06-30 1,037 115 65
2018-03-31 1,030 113 63
2017-12-31 1,023 111 60
2017-09-30 1,000 111 50
2017-06-30 977 111 39
2017-03-31 947 106 42

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Senior's earnings are expected to grow significantly at over 20% yearly.
  • Senior'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
BATS-CHIXE:SNRL 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 9 Analyst Estimates (S&P Global) See Below

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

BATS-CHIXE:SNRL Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31 0.13 0.15 0.09 3.00
2021-12-31 0.10 0.13 0.06 3.00
2020-12-31 0.04 0.07 0.02 3.00
2020-04-07
BATS-CHIXE:SNRL Past Financials Data
Date (Data in GBP Millions) EPS *
2019-12-31 0.07
2019-09-30 0.09
2019-06-30 0.11
2019-03-31 0.11
2018-12-31 0.13
2018-09-30 0.14
2018-06-30 0.16
2018-03-31 0.15
2017-12-31 0.14
2017-09-30 0.12
2017-06-30 0.09
2017-03-31 0.10

*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.
  • Senior is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Senior'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 United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland 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.
Senior 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.

SNRL Past Performance

  How has Senior 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 Senior's growth in the last year to its industry (Aerospace & Defense).
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.
  • Senior's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Senior's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Senior's 1-year earnings growth is negative, it can't be compared to the GB Aerospace & Defense industry average.
Earnings and Revenue History
Senior'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 Senior Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:SNRL Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 1,110.70 29.20 156.90
2019-09-30 1,124.95 39.00 155.85
2019-06-30 1,139.20 45.40 154.80
2019-03-31 1,110.65 47.75 154.95
2018-12-31 1,082.10 53.50 155.10
2018-09-30 1,059.40 59.35 154.40
2018-06-30 1,036.70 65.20 153.70
2018-03-31 1,030.05 62.75 153.75
2017-12-31 1,023.40 60.30 153.80
2017-09-30 999.95 49.50 144.65
2017-06-30 976.50 38.70 135.50
2017-03-31 946.75 42.05 135.55
2016-12-31 917.00 45.40 135.60
2016-09-30 891.25 42.55 134.10
2016-06-30 865.50 39.70 132.60
2016-03-31 857.50 44.10 132.65
2015-12-31 849.50 48.50 132.70
2015-09-30 852.20 55.65 122.85
2015-06-30 854.90 62.80 113.00
2015-03-31 837.85 63.15 113.10
2014-12-31 820.80 63.50 113.20
2014-09-30 798.50 68.80 108.65
2014-06-30 776.20 74.10 104.10
2014-03-31 775.65 72.75 104.25
2013-12-31 775.10 71.40 104.40
2013-09-30 760.45 69.35 97.15
2013-06-30 745.80 67.30 89.90

*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.
  • Senior has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Senior used its assets less efficiently than the GB Aerospace & Defense industry average last year based on Return on Assets.
  • Senior's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Senior'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 Aerospace & Defense 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.
Senior 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.

SNRL Health

 How is Senior'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 Senior's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Senior is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Senior's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Senior'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 2x 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 Senior Company Filings, last reported 3 months ago.

BATS-CHIXE:SNRL Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 559.60 161.70 15.80
2019-09-30 559.60 161.70 15.80
2019-06-30 558.00 198.10 24.00
2019-03-31 558.00 198.10 24.00
2018-12-31 571.80 170.00 17.20
2018-09-30 571.80 170.00 17.20
2018-06-30 546.50 183.70 34.90
2018-03-31 546.50 183.70 34.90
2017-12-31 531.60 167.20 12.60
2017-09-30 531.60 167.20 12.60
2017-06-30 497.90 203.20 22.30
2017-03-31 497.90 203.20 22.30
2016-12-31 500.50 214.60 17.50
2016-09-30 500.50 214.60 17.50
2016-06-30 471.70 219.40 13.50
2016-03-31 471.70 219.40 13.50
2015-12-31 430.90 207.20 14.40
2015-09-30 430.90 207.20 14.40
2015-06-30 418.20 165.30 22.00
2015-03-31 418.20 165.30 22.00
2014-12-31 411.60 117.50 13.20
2014-09-30 411.60 117.50 13.20
2014-06-30 375.80 144.90 31.80
2014-03-31 375.80 144.90 31.80
2013-12-31 361.50 111.60 53.10
2013-09-30 361.50 111.60 53.10
2013-06-30 351.30 122.10 57.40
  • Senior's level of debt (28.9%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (28.7% vs 28.9% today).
  • Debt is well covered by operating cash flow (71.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 5.6x coverage).
X
Financial health checks
We assess Senior'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. Senior has a total score of 5/6, 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.

SNRL Dividends

 What is Senior'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 Senior dividends. Estimated to be 6.7% next year.
If you bought £2,000 of Senior 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 Senior's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Senior'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
BATS-CHIXE:SNRL 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 9 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Aerospace & Defense Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 3.4%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 588 Stocks 5.6%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.3%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2.6%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 7.1%

Industry and Market average data is calculated daily.

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

BATS-CHIXE:SNRL Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 0.05 2.00
2022-12-31 0.05 9.00
2021-12-31 0.05 10.00
2020-12-31 0.03 10.00
2020-04-07
BATS-CHIXE:SNRL Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2020-03-26 0.000 0.000
2019-08-05 0.075 4.551
2019-03-04 0.074 3.362
2018-02-26 0.070 2.560
2017-02-27 0.066 2.652
2016-02-29 0.062 3.002
2015-03-02 0.056 2.112
2014-03-03 0.051 1.792
2013-07-29 0.048 1.680
2013-02-25 0.047 1.826
2012-02-28 0.038 1.907
2012-02-27 0.038 1.943
2011-02-28 0.031 1.938
2011-02-25 0.031 2.056
2010-03-01 0.026 2.044
2009-07-15 0.026 4.291

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

  • Unable to perform a dividend volatility check as Senior has not reported any payouts.
  • Unable to verify if Senior's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Senior's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Senior has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.4x coverage).
X
Income/ dividend checks
We assess Senior's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - 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 Senior afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Senior has a total score of 1/6, see the detailed checks below.


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

SNRL Management

 What is the CEO of Senior'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
David Squires
COMPENSATION £1,241,000
AGE 55
TENURE AS CEO 4.8 years
CEO Bio

Mr. David Squires has been the Group Chief Executive of Senior plc since June 1, 2015 and its Executive Director since May 1, 2015. Mr. Squires started his career in the oil industry working for Shell; however, most of his working life has been spent in the aerospace industry, initially with Hughes Aircraft Company (now Raytheon), then GEC-Marconi/ BAE Systems, Eaton Corporation, and Cobham plc, before joining Senior plc in May 2015. He has held senior posts in operations and procurement, business development, programme management and general management. Prior to joining Senior plc, he was Chief Operating Officer of Cobham plc. He holds BA in Business Management Studies, a Fellow of the Chartered Institute of Purchasing and Supply and Fellow of the Royal Aeronautical Society

CEO Compensation
  • David's compensation has been consistent with company performance over the past year, both up more than 20%.
  • David's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure of the Senior management team in years:

3.9
Average Tenure
  • The tenure for the Senior management team is about average.
Management Team

David Squires

TITLE
Group Chief Executive & Executive Director
COMPENSATION
£1M
AGE
55
TENURE
4.8 yrs

Bindi Foyle

TITLE
Group Finance Director & Executive Director
COMPENSATION
£813K
TENURE
2.8 yrs

Michelle Yorke

TITLE
Director of Risk & Compliance
TENURE
1.6 yrs

Jane Johnston

TITLE
Group Human Resource Director
TENURE
3.9 yrs

Mike Sheppard

TITLE
Chief Executive of the Flexonics
AGE
60

Andrew Bodenham

TITLE
Group Company Secretary
TENURE
18.3 yrs

Launie Fleming

TITLE
Chief Executive of Aerospace Fluid Systems
TENURE
11.6 yrs

Joe Mockus

TITLE
Chief Executive of Aerospace Structures
TENURE
3.2 yrs
Board of Directors Tenure

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

3.6
Average Tenure
60
Average Age
  • The tenure for the Senior board of directors is about average.
Board of Directors

Ian King

TITLE
Independent Chairman
COMPENSATION
£186K
AGE
63
TENURE
2 yrs

David Squires

TITLE
Group Chief Executive & Executive Director
COMPENSATION
£1M
AGE
55
TENURE
4.9 yrs

Bindi Foyle

TITLE
Group Finance Director & Executive Director
COMPENSATION
£813K
TENURE
2.9 yrs

Giles F. Kerr

TITLE
Independent Non-Executive Director
COMPENSATION
£61K
AGE
60
TENURE
6.6 yrs

Celia Baxter

TITLE
Senior Independent Non-executive Director
COMPENSATION
£68K
AGE
61
TENURE
1 yrs

Mark Vernon

TITLE
Independent Non-Executive Director
COMPENSATION
£56K
AGE
66
TENURE
9 yrs

Susan Brennan

TITLE
Independent Non-Executive Director
COMPENSATION
£52K
AGE
56
TENURE
4.3 yrs

Rajiv Sharma

TITLE
Independent Non-Executive Director
COMPENSATION
£52K
AGE
52
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • Senior individual insiders have sold more shares than they have bought in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
19. Mar 20 Sell David Beavan Individual 17. Mar 20 17. Mar 20 -27,469 £0.95 £-26,027
19. Mar 20 Buy David Beavan Individual 17. Mar 20 17. Mar 20 27,118 £0.95 £25,762
09. Aug 19 Buy Andrew Bodenham Individual 09. Aug 19 09. Aug 19 14,331 £2.02 £28,930
09. Aug 19 Buy Celia Baxter Individual 09. Aug 19 09. Aug 19 7,500 £2.02 £15,148
08. Aug 19 Buy David Squires Individual 08. Aug 19 08. Aug 19 25,000 £1.97 £49,125
X
Management checks
We assess Senior'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. Senior 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.

SNRL News

Simply Wall St News

SNRL Company Info

Description

Senior plc designs, manufactures, and markets high-technology components and systems for the principal original equipment producers in the aerospace, defense, land vehicle, and power and energy markets worldwide. The company operates in two divisions, Aerospace and Flexonics. The Aerospace division offers high-pressure and low-pressure engineered ducting systems, engineered control bellows, assemblies, and sensors; precision-machined and fabricated engine components; fluid systems ducting and control products; and precision-machined airframe components and assemblies. The Flexonics division provides exhaust gas recycling coolers, fuel mixing and distribution systems, and flexible couplings; and engineered expansion joints, dampers and diverters, flexible hose assemblies and control bellows, fuel cells and heat exchangers, and precision-machined components. The company was formerly known as Senior Engineering Group plc and changed its name to Senior plc in 1999. Senior plc was incorporated in 1933 and is based in Rickmansworth, the United Kingdom.

Details
Name: Senior plc
SNRL
Exchange: BATS-CHIXE
Founded: 1933
£269,548,647
413,101,375
Website: http://www.seniorplc.com
Address: Senior plc
59/61 High Street,
Rickmansworth,
Hertfordshire, WD3 1RH,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE SNR Ordinary Shares London Stock Exchange GB GBP 01. Jan 1992
OTCPK SNIR.F Ordinary Shares Pink Sheets LLC US USD 01. Jan 1992
BATS-CHIXE SNRL Ordinary Shares BATS 'Chi-X Europe' GB GBP 01. Jan 1992
Number of employees
Current staff
Staff numbers
7,605
Senior employees.
Industry
Aerospace and Defense
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 19:38
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2020/04/06
Last earnings filing: 2020/03/02
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.