Advertisement
Singapore markets open in 8 hours 17 minutes
  • Straits Times Index

    3,293.13
    +20.41 (+0.62%)
     
  • S&P 500

    5,049.41
    -21.14 (-0.42%)
     
  • Dow

    38,335.73
    -167.96 (-0.44%)
     
  • Nasdaq

    15,647.16
    -49.48 (-0.32%)
     
  • Bitcoin USD

    64,689.81
    -1,985.52 (-2.98%)
     
  • CMC Crypto 200

    1,395.74
    -28.36 (-1.99%)
     
  • FTSE 100

    8,040.38
    -4.43 (-0.06%)
     
  • Gold

    2,336.00
    -6.10 (-0.26%)
     
  • Crude Oil

    82.70
    -0.66 (-0.79%)
     
  • 10-Yr Bond

    4.6500
    +0.0520 (+1.13%)
     
  • Nikkei

    38,460.08
    +907.92 (+2.42%)
     
  • Hang Seng

    17,201.27
    +372.34 (+2.21%)
     
  • FTSE Bursa Malaysia

    1,571.48
    +9.84 (+0.63%)
     
  • Jakarta Composite Index

    7,174.53
    +63.72 (+0.90%)
     
  • PSE Index

    6,572.75
    +65.95 (+1.01%)
     

Interested In Sogefi Sp.A. (BIT:SO)? Here’s What Its Recent Performance Looks Like

For investors, increase in profitability and industry-beating performance can be essential considerations in an investment. Below, I will examine Sogefi Sp.A.’s (BIT:SO) track record on a high level, to give you some insight into how the company has been performing against its long term trend and its industry peers. See our latest analysis for Sogefi

How SO fared against its long-term earnings performance and its industry

I use data from the most recent 12 months, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. This blend enables me to assess various companies on a similar basis, using the latest information. For Sogefi, its latest trailing-twelve-month earnings is €28.10M, which, in comparison to the prior year’s level, has escalated by a non-trivial 65.94%. Since these values are relatively short-term, I’ve created an annualized five-year figure for Sogefi’s net income, which stands at €16.74M This means that, generally, Sogefi has been able to gradually raise its earnings over the past few years as well.

BIT:SO Income Statement Jun 20th 18
BIT:SO Income Statement Jun 20th 18

How has it been able to do this? Well, let’s take a look at whether it is only attributable to industry tailwinds, or if Sogefi has experienced some company-specific growth. Over the last couple of years, Sogefi top-line expansion has outstripped earnings and the growth rate of expenses. Though this brought about a margin contraction, it has lessened Sogefi’s earnings contraction. Looking at growth from a sector-level, the IT auto components industry has been growing its average earnings by double-digit 33.73% over the prior year, and 19.71% over the previous five years. This means whatever uplift the industry is profiting from, Sogefi is capable of leveraging this to its advantage.

What does this mean?

While past data is useful, it doesn’t tell the whole story. While Sogefi has a good historical track record with positive growth and profitability, there’s no certainty that this will extrapolate into the future. I recommend you continue to research Sogefi to get a better picture of the stock by looking at:

ADVERTISEMENT
  1. Future Outlook: What are well-informed industry analysts predicting for SO’s future growth? Take a look at our free research report of analyst consensus for SO’s outlook.

  2. Financial Health: Is SO’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.

  3. Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here.

NB: Figures in this article are calculated using data from the trailing twelve months from 31 March 2018. This may not be consistent with full year annual report figures.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned.