Capital Indicators
Capital Indicators
Capital Indicators
Last Close Avg Daily Vol 52-Week High Trailing PE Annual Div ROE LTG Forecast 1-Mo Return
237.70 (CHF) 245,452 279.80 32.6 2.90 24.8% 13.4% -7.5%
2023 June 22 Market Cap 52-Week Low Forward PE Dividend Yield Annual Rev Inst Own 3-Mo Return
SWISS Exchange
36.6B 190.10 29.3 1.2% 10.4B 51.8% -6.7%
AVERAGE SCORE
NEUTRAL OUTLOOK: SIKA's current score is Score Averages
relatively in-line with the market. Chemicals Group: 5.8 Large Market Cap: 6.2
Chemicals Sector: 5.8 SMI Index: 6.3
Average Score Trend (4-Week Moving Avg) Peers -6M -3M -1M -1W Current 1Y Trend
Positive CLN 5 7 7 8 8
SIKA 3 6 5 8 7
Neutral EMSN 3 8 6 6 6
GIVN 1 3 4 4 4
Negative
GURN 1 1 1 2 1
2020-06 2021-06 2022-06 2023-06
BUSINESS SUMMARY
Sika AG is a Switzerland-based company active in the chemicals industry. The Company produces products primarily for the automobiles and auto
parts, renewable energy, and equipment and components industries. The Company's activities are divided into two business areas: the Construction
Division offers a range of products, including concrete admixtures, ready-for-use mortars, roofing systems, waterproofing systems, flooring systems,
and steel protection solutions, among others, and the Industry Division develops bonding, sealing, damping, glazing and reinforcing solutions, among
others. The Company's brands include Sarnafil, Sika, Sikadur, Sikaflex, SikaGrout, SikaPower, SikaHydroPrep, SikaReinforcer, Sika ViscoCrete,
Sikaplan and SikaRapid, among others. The Company is globally active, with activities divided into geographical regions, namely Europe, Middle East
and Africa (EMEA), North America, Latin America, and Asia/Pacific. The Company operates numerous subsidiaries.
Page 1 of 11
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SIKA (SIKA-EB)
Chemicals / Chemicals / Specialty Chemicals DETAILED STOCK REPORT
Report Date: 2023-Jun-25
INDICATOR COMPONENTS
The AVERAGE SCORE combines the quantitative analysis of five widely-used investment decision making tools: Earnings,
Fundamental, Relative Valuation, Risk, and Price Momentum. A simple average of the underlying component ratings is normally
distributed to rank stocks on a 1-10 scale (10 being awarded to the most favorable). These factors may be evaluated differently using
alternative methodologies and the importance of individual factors varies across industries, market capitalization and investment styles.
Additional criteria should always by used to evaluate a stock.
4 GIVN 2,916.00 -3.5% 0.21% -7.0% 26.9B 31.5 29.2 2.3% 12.0% 6.9% Hold 25
6 EMSN 667.50 -6.6% -8.8% -4.8% 15.6B 29.3 30.5 3.2% 21.8% -1.6% Hold 8
8 CLN 12.57 -8.9% -14.6% -30.1% 4.2B -- 12.0 3.3% 1.6% 5.6% Hold 18
1 GURN 82.30 -7.0% -0.48% -13.2% 385M 41.6 32.1 -- 1.9% -- Hold 6
9 MIKN 11.05 -7.9% -2.2% 56.5% 185M 7.5 8.2 3.6% 7.8% -- Buy 2
5.8 Average 654.52 -6.9% -5.4% 1.5% 14.0B 28.5 23.5 2.7% 9.4% 6.1% Hold 14
PEER COMPANIES
CLN Clariant GURN Gurit Holding
EMSN Ems Chemie Holding MIKN Mikron Holding
GIVN Givaudan
Page 2 of 11
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SIKA (SIKA-EB)
Chemicals / Chemicals / Specialty Chemicals DETAILED STOCK REPORT
Report Date: 2023-Jun-25
Earnings Score Trend (4-Week Moving Avg) Peers -6M -3M -1M -1W Current 1Y Trend
Positive SIKA 2 1 2 7 7
EMSN 3 10 6 7 6
Neutral CLN 7 3 1 2 4
GIVN 3 2 3 3 2
Negative
GURN 1 1 1 2 2
2020-06 2021-06 2022-06 2023-06
EARNINGS INDICATORS
Earnings Surprises Estimate Revisions Recommendation Changes
(33.3% weight) (33.3% weight) (33.3% weight)
GURN
CLN GIVN EMSN
CLN
GIVN GIVN
GURN EMSN CLN
SIKA GURN
Page 3 of 11
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SIKA (SIKA-EB)
Chemicals / Chemicals / Specialty Chemicals DETAILED STOCK REPORT
Report Date: 2023-Jun-25
6.00
2021 2022 2023 2024
EARNINGS SURPRISES
Comparing a company's actual earnings to the mean expectation of Surprise Detail (Last 6 Periods)
analysts results in a difference referred to as a 'positive' or 'negative'
surprise. Research has shown that when a company reports a Surprise Announce Period End Actual Mean Surprise
surprise, it is often followed by more of the same surprise type. Type Date Date EPS EPS (%)
Surprise Summary (Last 6 Years) Negative 2023-02-16 2022-12-31 7.290 7.520 -3.1%
Negative 2022-02-17 2021-12-31 6.600 6.956 -5.1%
Surprise Type Amount Percent
Negative 2021-02-19 2020-12-31 5.220 5.349 -2.4%
Positive Years (> 2%) 0 --
Negative 2020-02-20 2019-12-31 4.810 5.215 -7.8%
Negative Years (< -2%) 5 83.3%
Negative 2019-02-21 2018-12-31 4.580 4.782 -4.2%
In-Line Years (within 2%) 1 16.7%
In-Line 2018-02-23 2017-12-31 4.225 4.239 -0.30%
ANNUAL REVENUE
A pattern of increasing sales in Actuals Estimates
conjunction with a rising EPS may
influence a buy recommendation, while 18B
2023 2024
flat or falling sales and faltering 16B
earnings may explain a sell HIGH
Mean 11.9B 13.5B
recommendation. A rising EPS with flat 14B High 12.5B 14.9B
MEAN
or falling sales may result from
increased cost efficiency and margins, 12B
Low 10.6B 11.3B
10.5B LOW
rather than market expansion. This Forecasted Growth 13.3% 28.6%
9.3B
chart shows the sales forecast trend of 10B
# of Analysts 23 23
all analysts and the highest and lowest
projections for the current and next 8B
2021 2022 2023 2024
fiscal year.
Page 4 of 11
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SIKA (SIKA-EB)
Chemicals / Chemicals / Specialty Chemicals DETAILED STOCK REPORT
Report Date: 2023-Jun-25
FUNDAMENTAL
POSITIVE OUTLOOK: Strong fundamentals Fundamental Score Averages
such as high profit margins, low debt levels, or Chemicals Group: 5.7 Large Market Cap: 6.0
growing dividends. Chemicals Sector: 5.7 SMI Index: 5.9
Fundamental Score Trend Peers 2019 2020 2021 2022 Current 6Y Trend
SIKA 5 7 6 NR 9
Positive CLN 5 5 2 NR 8
EMSN 6 5 8 NR 5
Neutral
GIVN 2 3 1 NR 3
Negative
2017 2018 2019 2020 2021 2022 GURN 7 10 2 NR 1
FUNDAMENTAL INDICATORS
Profitability Debt Earnings Quality Dividend
(25% weight) (25% weight) (25% weight) (25% weight)
CLN
EMSN
GURN CLN
SIKA
SIKA
EMSN
GIVN GIVN
GIVN SIKA
SIKA CLN
CLN
GIVN
GURN GURN EMSN EMSN
GURN
Revenue Growth 8.0% Current Ratio 2.5 Oper. Cash Yield -5.4% Dividend Growth 10.3%
For year over year For interim period For latest 12 months For year over year
ending 2023-03 ending 2022-12 ending -- ending 2023-03
Gross Margin 17.3% Debt-to-Capital 42.1% Accruals 3.3% Dividend Payout 42.0%
For latest 12 months For annual period For latest 12 months For latest 12 months
ending 2022-12 ending 2022-12 ending 2022-12 ending 2022-12
Return On Equity 24.8% Interest Funding 1.9% Days Sales In Inv. 52.2 Dividend Coverage 3.2
For interim period For interim period For annual period For annual period
ending 2022-12 ending 2022-12 ending 2022-12 ending 2022-12
Net Margin 11.1% Interest Coverage 26.5 Days Sales In Rec. 57.8 Current Div. Yield 1.2%
For latest 12 months For interim period For annual period For latest 12 months
ending 2022-12 ending 2022-12 ending 2022-12 ending 2023-06
HIGHLIGHTS
- The Fundamental Rating for Sika improved significantly over the last - The days sales in inventory for SIKA is the lowest within its Chemicals
year from 6 to 9. The current rating is considerably more bullish than industry group.
the Chemicals industry group average of 5.7. - Of the 6 firms within the Chemicals industry group, Sika is among 5
- The company's revenue growth has been higher than its industry group companies that pay a dividend. The stock's dividend yield is currently
average for each of the past five years. 1.2%.
- The company's current ratio has been higher than its industry group
average for each of the past five years.
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SIKA (SIKA-EB)
Chemicals / Chemicals / Specialty Chemicals DETAILED STOCK REPORT
Report Date: 2023-Jun-25
RELATIVE VALUATION
NEGATIVE OUTLOOK: Multiples significantly Relative Valuation Score Averages
above the market or the stock's historic norms. Chemicals Group: 4.8 Large Market Cap: 4.3
Chemicals Sector: 4.8 SMI Index: 4.6
Relative Valuation Score Trend (4-Week Moving Avg) Peers -6M -3M -1M -1W Current 1Y Trend
Positive CLN 7 9 9 9 9
GIVN 2 3 3 3 3
Neutral GURN 3 4 3 3 3
EMSN 2 2 2 2 2
Negative
SIKA 2 2 2 2 2
2020-06 2021-06 2022-06 2023-06
CLN
CLN
GURN
GIVN
GIVN
SIKA
GIVN
EMSN
EMSN
EMSN SIKA
SIKA
GURN
GURN
CLN
HIGHLIGHTS
- Sika currently has a Relative Valuation Rating of 2 which is significantly - SIKA's 32.6 Trailing P/E is currently at the low end of its 5-year range
below the SWISS MARKET index average rating of 4.6. (lowest 28.7 to highest 72.8).
- SIKA is currently valued at a premium to the SWISS MARKET index - SIKA's Forward P/E of 29.3 represents a 15% Discount to its 5-year
based on both Price to Sales ratio and Forward P/E. average of 34.4.
- SIKA's Price to Sales ratio of 3.6 represents a 10% Discount to its 5-
year average of 4.0.
Page 6 of 11
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SIKA (SIKA-EB)
Chemicals / Chemicals / Specialty Chemicals DETAILED STOCK REPORT
Report Date: 2023-Jun-25
9.0 35
8.0 30
7.0 25
6.0 20
5.0 15
4.0 5-Yr Average 10
3.0 5
2.0 0
2018 2019 2020 2021 2022 2018 2019 2020 2021 2022
Page 7 of 11
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SIKA (SIKA-EB)
Chemicals / Chemicals / Specialty Chemicals DETAILED STOCK REPORT
Report Date: 2023-Jun-25
RISK
NEUTRAL OUTLOOK: Moderate risk (medium Risk Score Averages
volatility). Chemicals Group: 6.5 Large Market Cap: 7.0
Chemicals Sector: 6.5 SMI Index: 6.9
Risk Score Trend (4-Week Moving Avg) Peers -6M -3M -1M -1W Current 1Y Trend
Positive GIVN 6 8 8 8 9
CLN 5 7 7 7 8
Neutral EMSN 8 8 7 7 7
SIKA 5 6 6 7 6
Negative
GURN 2 2 2 3 3
2020-06 2021-06 2022-06 2023-06
RISK INDICATORS
Magnitude of Returns Volatility Beta (1-year) Correlation
(25% weight) (25% weight) (25% weight) (25% weight)
EMSN
GIVN
CLN GIVN
CLN
GIVN EMSN
SIKA
GURN
CLN
EMSN
SIKA
SIKA
GURN
CLN
GURN
GURN EMSN
GIVN
SIKA
Daily Returns (Last 90 Days) Standard Deviation Beta vs. SMI 1.75 Correlation vs. SMI
Best 3.6% Last 90 Days 1.67 Positive Days Only 1.60 Last 90 Days 52%
Worst -5.0% Last 60 Months 7.54 Negative Days Only 1.43 Last 60 Months 59%
Monthly Returns (Last 60 Months) Intra-Day Swing (Last 90 Days) Beta vs. Group 1.28 Correlation vs. Group
Best 16.7% Average 2.0% Positive Days Only 1.37 Last 90 Days 79%
Worst -17.1% Largest 5.5% Negative Days Only 1.15 Last 60 Months 76%
Page 8 of 11
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SIKA (SIKA-EB)
Chemicals / Chemicals / Specialty Chemicals DETAILED STOCK REPORT
Report Date: 2023-Jun-25
Price Momentum Score Trend (4-Week Moving Avg) Peers -6M -3M -1M -1W Current 1Y Trend
Positive EMSN 2 8 9 9 9
SIKA 3 10 7 9 9
Neutral GIVN 3 5 8 8 7
CLN 2 7 6 7 6
Negative
GURN 1 4 5 7 6
2020-06 2021-06 2022-06 2023-06
EMSN
GURN
SIKA
CLN
GIVN
EMSN
SIKA
CLN
GIVN
GURN
Relative Strength Indicator (Scale from 1 to 100) Average Monthly Return (Last 10 Years)
SIKA Industry Avg Jun Jul Aug
Last 10 Days 30 48 Company Avg 0.91% 4.0% -0.39%
Last 50 Days 46 47 Industry Avg 0.34% 4.0% -0.67%
Last 200 Days 48 47 Industry Rank 3 of 13 2 of 13 11 of 13
PRICE PERFORMANCE
Daily close prices are used to calculate the SIKA SIKA SMI
performance of the stock as compared to a
SMI Close Price (2023-06-22) 237.70 11,220
relevant index over five time periods.
52-Week High 279.80 11,595
-7.9%
1-Week 52-Week Low 190.10 10,073
-1.5%
1-Month
-7.5% - Sika has a Price Momentum Rating of 9, which is significantly
-2.3% above the SWISS MARKET index average rating of 6.8.
- On 2023-06-22, SIKA closed at 237.70, 15.0% below its 52-
-6.7% week high and 25.0% above its 52-week low.
3-Month
4.7%
- SIKA shares are currently trading 4.6% below their 50-day
7.2% moving average of 249.25, and 1.7% below their 200-day
YTD moving average of 241.74.
4.6%
7.5%
1-Year
7.4%
Page 9 of 11
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SIKA (SIKA-EB)
Chemicals / Chemicals / Specialty Chemicals DETAILED STOCK REPORT
Report Date: 2023-Jun-25
Price Target ● Price to Sales: Close Price / (Sales for 4 Quarters or 1 Year / Shares
The price target is based on the predictions of analysts covering the stock and Outstanding)
shows the high, low and mean price expected within the next 12 months. ● Trailing P/E: Close Price / Most Recent 4 Quarters or 1 Year of Earnings
● Forward P/E: Close Price / Upcoming 4 Quarters or 1 Year of Earnings
Earnings Per Share
The quarterly and annual earnings per share are presented when available, along Valuation Averages
with the mean, high and low. Quarterly data is displayed for the past 4 quarters Negative values are excluded when calculating the averages. A maximum value of
(actual) and the next 2 quarters (estimated). Annual data is displayed for the past 2 100 is placed on Trailing P/E and Forward P/E, a maximum value of 5 is placed on
years (actual) and the next 2 years (estimated). Forward PEG, and a maximum value of 20 is placed on Price to Sales when
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SIKA (SIKA-EB)
Chemicals / Chemicals / Specialty Chemicals DETAILED STOCK REPORT
Report Date: 2023-Jun-25
calculating the averages. Higher values are rounded down to the maximum for the
averages.
Valuation Multiples
The valuation multiples provide the Trailing P/E, Forward P/E, Forward PEG, and
Price to Sales for the company and the S&P 500 index average. In addition, a
comparison of the current company’s values to its 5-year average and an industry
average are presented. A discount occurs when the company’s ratio is valued
more favorably (lower) than that to which it is compared.
Risk
The Risk Rating displays stocks on a scale of 1 to 10 with 10 being awarded to the
least risky stocks. It is derived by looking at a series of long-term (5-year) and
short-term (90-day) stock performance measures including volatility, magnitude of
returns, beta, and correlation. Each factor is equally weighted. Then, equal deciles
are used to rank each stock across the market. A stock needs to have at least two
of the four risk factors in order to receive a score.
● Magnitude of Returns – The best / worst daily returns in the past 90 days and the
best / worst monthly returns in the past 60 months.
● Volatility – The standard deviation of the stock price over the last 90 days and
last 60 months, along with the average and largest intra-day stock swing.
● Beta – Measures the tendency of a security’s returns to respond to swings in the
market, based on the beta of the company versus the relevant index.
● Correlation – Determines how closely the returns of the stock and the relevant
index move together, measured over the last 90 days and last 60 months.
Risk Analysis
Price analysis for the company and the relevant index is provided over two time
periods. Daily analysis is provided for the last 90 days, whereas monthly statistics
are used for the last 60 months.
Price Momentum
The Price Momentum Rating is based on a combination of two technical
performance factors: relative strength and seasonality. The factors are equally
weighted. Equal deciles are then used to rank each stock across the market on a
scale of 1 to 10, with 10 being most favorable. A stock needs to have data for the
relative strength factor in order to receive a score.
● Relative Strength – The relative strength of the company for the last 10 days, 50
days, and 200 days on a scale of 1 to 100.
● Seasonality – The average monthly return (price performance) for the current
month and next 2 months for the company and industry, over the past 10 years.
A lower industry rank indicates a higher return.
Price Performance
Daily close prices are used to calculate the price performance of the stock. The
performance of the relevant index is also displayed as a means of comparison.
DISCLAIMER
The content in this Refinitiv report does not constitute investment advice or a
recommendation to buy or sell securities of any kind. Past performance is not a
guarantee of future results. Investors should consider this report as only a single
factor when making an investment decision.
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