Download PDF

1. Company Snapshot

1.a. Company Description

Sif Holding N.V. manufactures and sells tubular steel foundations for offshore wind farms and metal structures, for the offshore industry in the Netherlands and internationally.The company operates through three segments: Wind, Marshalling, and Other.It engages in the production and delivery of monopiles, parts of metal structures, pipes, pipe structures, and components, as well as cans and cones, transition pieces, pin piles, jacket legs, and pile sleeves.


The company rents logistical area and facilities; and delivers logistical services to the offshore wind industry.It serves energy companies, developers, and fabricators, as well as engineering, procurement, construction, and installation contractors.Sif Holding N.V. was founded in 1948 and is headquartered in Roermond, the Netherlands.

Show Full description

1.b. Last Insights on SIFG

Sif Holding N.V.'s recent performance was impacted by concerns over its intrinsic value, with an estimated fair value of €10.87, suggesting it's undervalued. However, short-term challenges persist. The company's latest earnings release showed a mixed picture. According to a recent report, Sif Holding's valuation appears conservative. No recent announcements on share buybacks or new product launches were made. The company's business conditions seem steady, with no major legal issues or acquisitions/disposals reported recently. Analysts' ratings indicate a cautiously optimistic outlook.

1.c. Company Highlights

2. Transcript Summary

Unfortunately this company is not part of our coverage yet. But as part of your subscription plan you can request it by clicking just below and we'll process.

Request Coverage

3. NewsRoom

Card image cap

An Intrinsic Calculation For Sif Holding N.V. (AMS:SIFG) Suggests It's 40% Undervalued

Nov -11

Source:

Card image cap

This Sif Holding Insider Increased Their Holding By 13% Last Year

Apr -10

Source:

Card image cap

Those who invested in Sif Holding (AMS:SIFG) five years ago are up 28%

Mar -20

Source:

Card image cap

Undiscovered European Gems with Strong Fundamentals February 2025

Feb -27

Source:

Card image cap

Discovering Undiscovered Gems in January 2025

Jan -07

Source:

Card image cap

At €12.40, Is Sif Holding N.V. (AMS:SIFG) Worth Looking At Closely?

Dec -29

Source:

Card image cap

Sif Holding manufactures first monopile for Equinor’s Empire Wind 1 project

Nov -29

Source:

Card image cap

Sif Holding N.V.'s (AMS:SIFG) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

Oct -10

Source:

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (10.24%)

6. Segments

Wind

Expected Growth: 10.27%

Wind energy growth driven by increasing global demand for renewable energy, government incentives, and declining costs. Sif Holding N.V.'s 10.27% growth rate is attributed to its strategic positioning in the offshore wind market, high-capacity production facilities, and strong relationships with leading turbine manufacturers.

Other

Expected Growth: 9.95%

Sif Holding N.V.'s 9.95% growth in 'Other' segment is driven by increasing demand for offshore wind energy, expansion into new markets, and strategic partnerships. Additionally, investments in innovation and technology have improved operational efficiency, leading to higher margins and revenue growth.

Marshalling

Expected Growth: 9.27%

Marshalling from Sif Holding N.V. growth of 9.27% driven by increasing demand for offshore wind energy, strategic expansion into new markets, and operational efficiency improvements. Additionally, investments in digitalization and innovation have enhanced productivity, contributing to the company's accelerated growth.

7. Detailed Products

Offshore Wind Foundations

Sif Holding N.V. provides monopile foundations for offshore wind farms, designed to support wind turbines in harsh marine environments.

Oil and Gas Foundations

Sif Holding N.V. offers foundation solutions for the oil and gas industry, including jackets, topsides, and pipelines.

Renewable Energy Structures

Sif Holding N.V. designs and manufactures structures for renewable energy applications, including tidal and wave energy converters.

Heavy Civil Infrastructure

Sif Holding N.V. provides heavy civil infrastructure solutions, including bridges, locks, and tunnels.

Ship and Offshore Fabrication

Sif Holding N.V. offers fabrication services for ships and offshore platforms, including construction, repair, and maintenance.

8. Sif Holding N.V.'s Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for Sif Holding N.V. is medium due to the availability of alternative products and services in the market.

Bargaining Power Of Customers

The bargaining power of customers for Sif Holding N.V. is low due to the company's strong brand reputation and customer loyalty.

Bargaining Power Of Suppliers

The bargaining power of suppliers for Sif Holding N.V. is medium due to the presence of multiple suppliers in the market.

Threat Of New Entrants

The threat of new entrants for Sif Holding N.V. is high due to the low barriers to entry in the market.

Intensity Of Rivalry

The intensity of rivalry for Sif Holding N.V. is high due to the presence of several competitors in the market.

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 10.53%
Debt Cost 3.95%
Equity Weight 89.47%
Equity Cost 7.96%
WACC 7.54%
Leverage 11.77%

11. Quality Control: Sif Holding N.V. passed 6 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Svedbergs i Dalstorp

A-Score: 6.1/10

Value: 4.9

Growth: 6.9

Quality: 6.6

Yield: 5.6

Momentum: 7.5

Volatility: 5.0

1-Year Total Return ->

View Full Report
Stock-Card
Mennica Polska

A-Score: 6.1/10

Value: 4.7

Growth: 5.2

Quality: 6.2

Yield: 6.2

Momentum: 9.0

Volatility: 5.0

1-Year Total Return ->

View Full Report
Stock-Card
Tyman

A-Score: 4.5/10

Value: 6.2

Growth: 5.3

Quality: 5.6

Yield: 3.8

Momentum: 4.0

Volatility: 2.3

1-Year Total Return ->

View Full Report
Stock-Card
RHI Magnesita

A-Score: 4.4/10

Value: 7.0

Growth: 5.8

Quality: 2.5

Yield: 8.8

Momentum: 0.5

Volatility: 2.0

1-Year Total Return ->

View Full Report
Stock-Card
NORMA

A-Score: 3.9/10

Value: 6.9

Growth: 3.1

Quality: 3.2

Yield: 3.8

Momentum: 5.0

Volatility: 1.7

1-Year Total Return ->

View Full Report
Stock-Card
Sif Holding

A-Score: 3.1/10

Value: 9.4

Growth: 2.8

Quality: 1.8

Yield: 0.6

Momentum: 0.0

Volatility: 4.0

1-Year Total Return ->

View Full Report

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

6.57$

Current Price

6.57$

Potential

-0.00%

Expected Cash-Flows