WATCH GROUPE SFPI SA (SFPI.PA)
Industrials · Specialty Industrial Machinery · PAR · France
60
Final Score
17.0%
Margin of Safety
44
Quality Score
€1.98
Current Price
€182.1M
Market Cap
Key Metrics
Pe Ratio
10.97
Forward Pe
11.62
Pb Ratio
0.66
Ev Ebitda
2.54
Roe
6.2%
Gross Margin
60.2%
Operating Margin
6.6%
Net Margin
2.7%
Dividend Yield
404.0%
Debt To Equity
24.58
Current Ratio
2.14
Beta
0.77
📈 Trend Charts
Revenue Trend
EPS Trend
Net Income Trend
Free Cash Flow Trend
Intrinsic Value Estimates
Low
€1.90
Base
€2.38
High
€2.86
Pipeline Stage Details
Stage A — Hard Filters ✅
Pe Ratio
10.97
Eps Positive Years
4.00
Eps Lookback
4.00
Fcf Positive Years
4.00
Fcf Lookback
4.00
Debt To Equity
0.25
Current Ratio
2.14
Dilution Cagr
0.00
Stage B — Quality Score: 44/100
Stage C — Cyclicality: MED
Normalized EPS
€0.15
Stage F — Final Score Breakdown
| Component | Weighted Score |
|---|---|
| Valuation | 16.5 |
| Earnings Quality | 11.0 |
| Balance Sheet | 18.0 |
| Stability | 8.2 |
| Moat Proxies | 6.0 |
Top Drivers
- Modest discount: 17% margin of safety (price €1.98 vs intrinsic €2.38).
- Reasonable P/E of 11.0x — below long-run market average (~15-17x), suggesting the stock is not overpriced.
- Fortress balance sheet: D/E of 0.25x (conservative) and current ratio of 2.14x — ample liquidity and low financial risk. Graham emphasis on capital preservation.
Top Risks
- Moderate cyclicality (Cyclical sector: Industrials) — earnings may fluctuate.
- Quality concern: Operating margin in structural decline
Financial History
| Year | Revenue | Gross Profit | Operating Income | Net Income | EPS |
|---|---|---|---|---|---|
| 2021 | N/A | N/A | N/A | N/A | €N/A |
| 2022 | €629.1M | €361.4M | €35.9M | €21.9M | €0.24 |
| 2023 | €688.8M | €393.2M | €28.5M | €1.2M | €0.01 |
| 2024 | €665.8M | €394.7M | €29.7M | €14.6M | €0.16 |
| 2025 | €625.1M | €376.1M | €25.9M | €16.6M | €0.18 |
Cash Flow History
| Year | Operating CF | CapEx | Free Cash Flow |
|---|---|---|---|
| 2021 | N/A | N/A | N/A |
| 2022 | €26.4M | €-22.7M | €3.7M |
| 2023 | €63.4M | €-26.9M | €36.5M |
| 2024 | €50.9M | €-15.3M | €35.6M |
| 2025 | €41.7M | €-10.6M | €31.1M |