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SAES Getters

BATS-CHIXE:SGM
Snowflake Description

Imperfect balance sheet with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SGM
BATS-CHIXE
€303M
Market Cap
  1. Home
  2. GB
  3. Tech
Company description

SAES Getters S.p.A., together with its subsidiaries, develops and produces components and systems for industrial and scientific applications in Italy and internationally. The last earnings update was 26 days ago. More info.


Add to Portfolio Compare Print
  • SAES Getters has significant price volatility in the past 3 months.
SGM Share Price and Events
7 Day Returns
5.7%
BATS-CHIXE:SGM
-1.7%
GB Electronic
0.1%
GB Market
1 Year Returns
-16.8%
BATS-CHIXE:SGM
-9.6%
GB Electronic
-23.6%
GB Market
SGM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
SAES Getters (SGM) 5.7% -14.9% -39.1% -16.8% 10.3% -
GB Electronic -1.7% -10.3% -18.3% -9.6% 19.5% 57.9%
GB Market 0.1% -15.5% -27% -23.6% -24.3% -23.5%
1 Year Return vs Industry and Market
  • SGM underperformed the Electronic industry which returned -9.6% over the past year.
  • SGM outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -23.6% over the past year.
Price Volatility
SGM
Industry
5yr Volatility vs Market

Value

 Is SAES Getters 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 SAES Getters 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 SAES Getters.

BATS-CHIXE:SGM Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 11.3%
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:SGM
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 8.2%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.09
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.086 (1 + (1- 24%) (45.81%))
1.311
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% + (1.311 * 8.23%)
11.32%

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

The calculations below outline how an intrinsic value for SAES Getters 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:SGM DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 11.32%)
2020 8.90 Analyst x2 8.00
2021 13.70 Analyst x2 11.06
2022 14.80 Analyst x1 10.73
2023 15.90 Analyst x1 10.35
2024 15.90 Analyst x1 9.30
2025 15.93 Est @ 0.16% 8.37
2026 15.97 Est @ 0.27% 7.54
2027 16.02 Est @ 0.35% 6.80
2028 16.09 Est @ 0.4% 6.13
2029 16.16 Est @ 0.44% 5.53
Present value of next 10 years cash flows €83.00
BATS-CHIXE:SGM DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €16.16 × (1 + 0.53%) ÷ (11.32% – 0.53%)
€150.60
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €150.60 ÷ (1 + 11.32%)10
€51.55
BATS-CHIXE:SGM Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €83.00 + €51.55
€134.55
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €134.55 / 18.15
€7.41
BATS-CHIXE:SGM Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BATS-CHIXE:SGM represents 0.99569x of BIT:SG
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.99569x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 7.41 x 0.99569
€7.38
Value per share (EUR) From above. €7.38
Current discount Discount to share price of €18.46
= -1 x (€18.46 - €7.38) / €7.38
-150.1%

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

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

The amount the stock market is willing to pay for SAES Getters's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are SAES Getters's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BATS-CHIXE:SGM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in EUR €-0.11
BIT:SG Share Price ** BIT (2020-04-06) in EUR €18.54
United Kingdom of Great Britain and Northern Ireland Electronic Industry PE Ratio Median Figure of 22 Publicly-Listed Electronic Companies 16.76x
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 SAES Getters.

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

= BIT:SG Share Price ÷ EPS (both in EUR)

= 18.54 ÷ -0.11

-164.94x

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

  • SAES Getters is loss making, we can't compare its value to the GB Electronic industry average.
  • SAES Getters is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does SAES Getters's expected growth come at a high price?
Raw Data
BATS-CHIXE:SGM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -164.94x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
3%per year
United Kingdom of Great Britain and Northern Ireland Electronic Industry PEG Ratio Median Figure of 11 Publicly-Listed Electronic Companies 0.98x
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 .

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

  • Unable to calculate PEG ratio for SAES Getters, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on SAES Getters's assets?
Raw Data
BATS-CHIXE:SGM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in EUR €13.28
BIT:SG Share Price * BIT (2020-04-06) in EUR €18.54
United Kingdom of Great Britain and Northern Ireland Electronic Industry PB Ratio Median Figure of 33 Publicly-Listed Electronic Companies 1.86x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,323 Publicly-Listed Companies 1.11x
BATS-CHIXE:SGM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BIT:SG Share Price ÷ Book Value per Share (both in EUR)

= 18.54 ÷ 13.28

1.4x

* Primary Listing of SAES Getters.

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

  • SAES Getters is good value based on assets compared to the GB Electronic industry average.
X
Value checks
We assess SAES Getters'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 Electronic 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 Electronic industry average (and greater than 0)? (1 check)
  5. SAES Getters has a total score of 1/6, 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 SAES Getters expected to perform in the next 1 to 3 years based on estimates from 2 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
3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is SAES Getters expected to grow at an attractive rate?
  • SAES Getters's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • SAES Getters's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • SAES Getters's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
BATS-CHIXE:SGM Future Growth Rates Data Sources
Data Point Source Value (per year)
BATS-CHIXE:SGM Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 3%
BATS-CHIXE:SGM Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 3.9%
United Kingdom of Great Britain and Northern Ireland Electronic Industry Earnings Growth Rate Market Cap Weighted Average 9.1%
United Kingdom of Great Britain and Northern Ireland Electronic Industry Revenue Growth Rate Market Cap Weighted Average 4.1%
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:SGM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BATS-CHIXE:SGM Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 210 1
2023-12-31 204 1
2022-12-31 196 26 19 1
2021-12-31 185 27 18 2
2020-12-31 173 22 14 2
2020-04-07
BATS-CHIXE:SGM Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-12-31 182 24 20
2019-09-30 180 21 3
2019-06-30 173 16 -2
2019-03-31 166 20 -7
2018-12-31 160 21 -9
2018-09-30 155 -6
2018-06-30 149 28 -9
2018-03-31 126 -18
2017-12-31 147 38 -14
2017-09-30 168 2
2017-06-30 173 24 6
2017-03-31 202 16

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • SAES Getters's earnings are expected to grow by 3% yearly, however this is not considered high growth (20% yearly).
  • SAES Getters's revenue is expected to grow by 3.9% 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
BATS-CHIXE:SGM 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 2 Analyst Estimates (S&P Global) See Below

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

BATS-CHIXE:SGM Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 1.07 1.07 1.07 1.00
2021-12-31 0.92 0.96 0.88 2.00
2020-12-31 0.71 0.81 0.60 2.00
2020-04-07
BATS-CHIXE:SGM Past Financials Data
Date (Data in EUR Millions) EPS *
2019-12-31
2019-09-30
2019-06-30 -0.11
2019-03-31
2018-12-31 -0.39
2018-09-30
2018-06-30 -0.41
2018-03-31
2017-12-31 -0.62
2017-09-30
2017-06-30 0.25
2017-03-31

*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.
  • SAES Getters is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess SAES Getters'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.
SAES Getters 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.

Past Performance

  How has SAES Getters 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 SAES Getters's growth in the last year to its industry (Electronic).
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.
  • SAES Getters's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • SAES Getters has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • SAES Getters has become profitable in the last year making it difficult to compare the GB Electronic industry average.
Earnings and Revenue History
SAES Getters'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 SAES Getters Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:SGM Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 182.35 19.69 42.31 11.05
2019-09-30 179.96 3.37 46.00 11.14
2019-06-30 173.06 -2.44 46.15 11.06
2019-03-31 165.81 -7.39 45.78 10.94
2018-12-31 160.28 -8.70 45.13 10.99
2018-09-30 154.63 -6.16 40.88 11.08
2018-06-30 148.99 -8.99 40.31 11.17
2018-03-31 126.03 -17.55 39.07 10.49
2017-12-31 147.12 -13.68 40.27 11.69
2017-09-30 167.98 2.06 42.83 12.79
2017-06-30 173.04 5.55 42.43 13.54
2017-03-31 202.04 15.71 43.64 15.25
2016-12-31 189.03 13.01 42.17 14.87
2016-09-30 175.09 10.05 38.76 14.49
2016-06-30 174.93 10.20 37.79 14.10
2016-03-31 171.40 11.01 37.95 13.68
2015-12-31 166.91 8.82 36.93 13.82
2015-09-30 158.98 9.03 35.81 13.85
2015-06-30 149.96 6.42 34.38 14.09
2015-03-31 139.71 3.94 31.75 14.52
2014-12-31 131.70 3.42 30.94 14.38
2014-09-30 124.85 1.74 30.63 14.37
2014-06-30 122.99 -0.23 30.53 14.16
2014-03-31 125.74 -0.03 30.95 14.49
2013-12-31 128.54 0.83 31.75 14.74
2013-09-30 131.55 0.14 32.49 14.65
2013-06-30 132.84 2.27 32.39 14.93

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

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • SAES Getters is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • SAES Getters's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of SAES Getters'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 1.3x 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 SAES Getters Company Filings, last reported 3 months ago.

BATS-CHIXE:SGM Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 252.53 134.23 119.41
2019-09-30 254.65 135.39 118.22
2019-06-30 241.00 136.02 113.11
2019-03-31 346.82 46.28 168.53
2018-12-31 341.22 47.18 170.60
2018-09-30 352.44 49.47 275.05
2018-06-30 349.51 62.60 302.64
2018-03-31 128.33 49.72 24.09
2017-12-31 122.14 53.78 27.56
2017-09-30 127.17 58.80 22.99
2017-06-30 125.03 64.41 21.34
2017-03-31 139.30 55.26 21.23
2016-12-31 134.78 53.93 14.34
2016-09-30 124.23 47.38 20.75
2016-06-30 121.17 49.71 28.31
2016-03-31 124.89 43.85 26.72
2015-12-31 126.49 42.47 24.04
2015-09-30 122.47 44.72 18.80
2015-06-30 119.48 46.54 19.34
2015-03-31 126.08 55.77 22.74
2014-12-31 112.69 55.47 25.75
2014-09-30 107.23 57.15 17.00
2014-06-30 99.21 58.52 17.51
2014-03-31 100.54 56.00 19.21
2013-12-31 100.31 56.85 20.33
2013-09-30 102.46 53.59 13.97
2013-06-30 106.02 54.79 15.80
  • SAES Getters's level of debt (53.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (49.2% vs 53.2% today).
  • Debt is not well covered by operating cash flow (18.2%, less than 20% of total debt).
  • SAES Getters is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess SAES Getters'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. SAES Getters 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 SAES Getters'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
4.21%
Current annual income from SAES Getters dividends. Estimated to be 4.21% next year.
If you bought €2,000 of SAES Getters shares you are expected to receive €84 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?
  • SAES Getters's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.59%).
  • SAES Getters's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (7.08%).
Upcoming dividend payment

Purchase SAES Getters before the 'Ex-dividend' to receive their next dividend payment.

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

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BATS-CHIXE:SGM 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 2 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Electronic Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 1.8%
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:SGM Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 0.78 1.00
2021-12-31 0.78 2.00
2020-12-31 0.78 2.00
2020-04-07
BATS-CHIXE:SGM Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2020-03-12 0.780 4.633
2019-03-28 0.700 2.943
2019-03-13 0.700 3.150
2018-04-03 0.700 3.431
2018-03-14 0.700 3.077
2017-03-15 0.550 2.651
2016-03-14 0.380 3.222
2015-04-07 0.120 1.396
2015-03-11 0.120 1.440
2014-04-09 0.150 2.179
2014-03-13 0.150 1.749
2013-03-13 0.400 5.565
2012-07-27 0.400 5.789
2012-04-02 0.400 5.575
2012-03-13 0.400 4.814
2011-03-25 0.200 2.879
2011-03-14 0.200 2.648
2010-11-12 0.000 0.000
2010-11-11 0.000 0.000
2010-08-27 0.000 0.000
2010-05-14 0.000 0.000
2010-05-13 0.000 0.000
2010-03-16 0.000 0.000
2010-03-15 0.000 0.000

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

  • SAES Getters has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but SAES Getters only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of SAES Getters's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.4x coverage).
X
Income/ dividend checks
We assess SAES Getters'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 SAES Getters afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. SAES Getters has a total score of 2/6, 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 SAES Getters'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
Massimo della Porta
COMPENSATION €3,029,869
AGE 59
TENURE AS CEO 17 years
CEO Bio

Dr Ing. Massimo della Porta has been the Group Chief Executive Officer at SAES Getters S.p.A. since April 23, 2003 and serves as its President. Dr Ing. della Porta has been the Group Chief Technology & Innovation Officer and President of The Board of Directors at SAES Getters S.p.A. since 2009. He has been an Executive Director of SAES Getters S.p.A. since April 29, 1994. He is one of the main shareholders of firm and has a significant industrial and operating experience. In 2003, he was confirmed Vice President and Managing Director and appointed Group Chief Executive Officer. He served as the Managing Director, Group Chief Technology Officer and Vice President, since 1997. Beginning in March 2003, he was appointed as a Group Chief Technology & Innovation Officer and in addition, on April 23, 2003 he was appointed as a Group Chief Executive Officer at the firm. He was also employed at SAES Getters Group. In 1996 he moved to Milan to become Group Innovation Manager at Group Headquarters, while maintaining the previous offices in the Avezzano factories. He took the responsibility of the Information Systems at Group Level. Prior that, from 1993 to 1995, he personally attended the building of a new factory in Avezzano and in Chincheon, Korea. In 1992, he became the Technical Director of the Avezzano factories, taking care of coordinating the R&D and manufacturing activities of both SAES Metallurgia S.p.A. and SAES Engineering S.p.A. He took care of the construction and start-up of SAES Advanced Technologies. Previously, in 1991, after focusing on a production processes improvement project, he started managing the operations of SAES Metallurgia S.p.A. He joined the firm in 1989. He is an Director of Alto Partners SGR Spa and Flexterra, Inc. Dr Ing. della Porta graduated from Rome Polytechnic with a degree in Engineering.

CEO Compensation
  • Massimo's compensation has increased whilst company is loss making.
  • Massimo's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team

Massimo della Porta

TITLE
President of the Board
COMPENSATION
€3M
AGE
59
TENURE
17 yrs

Giulio Canale

TITLE
Deputy Chairman
COMPENSATION
€3M
AGE
58
TENURE
14.3 yrs

Emanuela Foglia

TITLE
Investor Relations Manager

Alessandro Altei

TITLE
Group Legal Counsel
Board of Directors Tenure

Average tenure and age of the SAES Getters board of directors in years:

7.5
Average Tenure
61
Average Age
  • The tenure for the SAES Getters board of directors is about average.
Board of Directors

Giulio Canale

TITLE
Deputy Chairman
COMPENSATION
€3M
AGE
58

Vincenzo Donnamaria

TITLE
President of Board of Statutory Auditors
COMPENSATION
€48K
AGE
64
TENURE
2.3 yrs

Massimo della Porta

TITLE
President of the Board
COMPENSATION
€3M
AGE
59
TENURE
11.3 yrs

Luciana Rovelli

TITLE
Independent Non-Executive Director
COMPENSATION
€30K
AGE
46
TENURE
5 yrs

Gaudiana Giusti

TITLE
Independent Non-Executive Director
COMPENSATION
€42K
AGE
57
TENURE
5 yrs

Stefano Proverbio

TITLE
Lead Independent Director
COMPENSATION
€35K
AGE
63

Adriano De Maio

TITLE
Independent Non-Executive Director
COMPENSATION
€14K
AGE
78
TENURE
18.9 yrs

Andrea Dogliotti

TITLE
Non-Executive Director
COMPENSATION
€10K
AGE
69
TENURE
14 yrs

Luigi della Porta

TITLE
Non-Executive Director
COMPENSATION
€10K
AGE
65
TENURE
8 yrs

Alessandra della Porta

TITLE
Non-Executive Director
COMPENSATION
€10K
AGE
56
TENURE
6.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess SAES Getters'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. SAES Getters 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

SAES Getters S.p.A., together with its subsidiaries, develops and produces components and systems for industrial and scientific applications in Italy and internationally. The Industrial Applications business unit offers getters and dispensers for use in a range of industrial applications, such as discharge and fluorescent lamps, electronic vacuum devices, microelectronic and micromechanical systems, and sensors, as well as for X-ray tubes used in image diagnostic systems. This business unit also provides cathodes and materials for thermal dissipation in electronic tubes and lasers; gas purifier systems for semiconductor and other industries; pumps based on non-evaporable getter materials for use in industrial and scientific fields; and vacuum thermal insulation solutions, which include NEG products for cryogenic, solar collectors, and thermos applications. The Shape Memory Alloys business unit offers Nitinol shape memory alloys (SMA) for use in biomedical sector; and SMA actuator devices for the industrial sector, such as domotics, white goods industry, consumer electronics, and automotive sector. The company also provides advanced film plastics for the food packaging sector; and materials and components for organic electronics applications. It also serves flexible packaging, healthcare, lighting, renewable energy and thermal insulation, scientific equipment and research facilities, security and defense, and semiconductors manufacturing markets. The company was founded in 1940 and is headquartered in Lainate, Italy.

Details
Name: SAES Getters S.p.A.
SGM
Exchange: BATS-CHIXE
Founded: 1940
€303,001,495
18,149,969
Website: http://www.saesgetters.com
Address: SAES Getters S.p.A.
Viale Italia, 77,
Lainate,
Milan, 20020,
Italy
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BIT SG Ordinary Shares Borsa Italiana IT EUR 18. Jul 1994
LSE 0NIJ Ordinary Shares London Stock Exchange GB EUR 18. Jul 1994
BATS-CHIXE SGM Ordinary Shares BATS 'Chi-X Europe' GB EUR 18. Jul 1994
BIT SGR Saving Shares Borsa Italiana IT EUR 30. Nov 1994
LSE 0NIK Saving Shares London Stock Exchange GB EUR 30. Nov 1994
Number of employees
Current staff
Staff numbers
1,000
SAES Getters employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 19:41
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2020/03/30
Last earnings filing: 2020/03/12
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.