Shares Magazine
300.00p+4.00 (+1.35%)19 Sep 2024, 16:35
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Somero Enterprise Inc. Fundamentals
| Company Name | Somero Enterprise Inc. | Last Updated | 2024-09-19 |
|---|---|---|---|
| Industry | Farm & Heavy Construction Machinery | Sector | Industrials |
| Shares in Issue | 54.954 m | Market Cap | £164.86 m |
| PE Ratio | 9.06 | Dividend per Share | $0.35 |
| Dividend Yield | 8.34 | Dividend Cover | 1.41 |
| EPS | $0.50 | EPS Growth (%) | -0.11 |
| PEG | 0 | DPS Growth (%) | 0.1081 |
| Debt Ratio | 0.0320 | Debt Equity Ratio | 0.0309 |
| Asset Equity Ratio | 1.1904 | Cash Equity Ratio | 0.2655 |
| Quick Ratio | 2.3591 | Current Ratio | 4.48 |
| Price To Book Value | 2.7390 | ROCE | 0 |
Somero Enterprise Inc. Dividends
| Type | Ex-Date | Pay Date | Currency | Net Dividend | Year Total |
|---|---|---|---|---|---|
| Interim | 2024-09-19 | 2024-10-18 | USD | 0.0800 | |
| Prelim | 2024-04-11 | 2024-05-10 | USD | 0.2059 | |
| Interim | 2023-09-21 | 2023-10-20 | USD | 0.1000 | |
| Prelim | 2023-04-06 | 2023-05-05 | USD | 0.2548 | |
| Interim | 2022-09-22 | 2022-10-21 | USD | 0.1000 | |
| Prelim | 2022-04-07 | 2022-05-06 | USD | 0.2202 | |
| Interim | 2021-09-23 | 2021-10-22 | USD | 0.0900 |
Somero Enterprise Inc. Company Financials
| Assets | 2023 | 2022 | 2021 |
|---|---|---|---|
| Tangible Assets | $27.88 m | $27.04 m | $23.55 m |
| Intangible Assets | $4.41 m | $4.55 m | $4.69 m |
| Investments | 0 | 0 | 0 |
| Total Fixed Assets | $34.64 m | $33.40 m | $29.26 m |
| Stocks | $19.38 m | $18.85 m | $14.29 m |
| Debtors | $8.84 m | $10.31 m | $7.69 m |
| Cash & Equivalents | $33.31 m | $33.70 m | $42.15 m |
| Other Assets | 0 | 0 | 0 |
| Total Assets | $98.55 m | $98.99 m | $97.36 m |
| Liabilities | 2023 | 2022 | 2021 |
|---|---|---|---|
| Creditors within 1 year | $13.82 m | $18.66 m | $17.95 m |
| Creditors after 1 year | $1.50 m | $3.21 m | $3.75 m |
| Other Liabilities | 0 | 0 | 0 |
| Total Liabilities | $15.31 m | $21.86 m | $21.69 m |
| Net assets | $83.23 m | $77.13 m | $75.67 m |
| Equity | 2023 | 2022 | 2021 |
|---|---|---|---|
| Called up share capital | $26,000.00 | $26,000.00 | $26,000.00 |
| Share Premium | $13.25 m | $14.63 m | $16.77 m |
| Profit / Loss | $33.24 m | $40.80 m | $44.62 m |
| Other Equity | $83.23 m | $77.13 m | $75.67 m |
| Preference & Minorities | 0 | 0 | 0 |
| Total Capital Employed | $83.23 m | $77.13 m | $75.67 m |
| Ratios | 2023 | 2022 | 2021 |
|---|---|---|---|
| Debt Ratio | $0.02 | $0.01 | $0.02 |
| Debt-to-Equity | $0.02 | $0.01 | $0.02 |
| Assets / Equity | 1.1904 | 1.1904 | 1.1904 |
| Cash / Equity | 0.2655 | 0.2655 | 0.2655 |
| EPS | $0.50 | $0.56 | $0.62 |
| Cash Flow | 2023 | 2022 | 2021 |
|---|---|---|---|
| Cash from operating activities | $24.45 m | $27.80 m | $36.92 m |
| Cashflow before financing | $1.87 m | -$3.88 m | $12.61 m |
| Increase in Cash | -$388,000.00 | -$8.45 m | $6.76 m |
| Income | 2023 | 2022 | 2021 |
|---|---|---|---|
| Turnover | $120.70 m | $133.59 m | $133.33 m |
| Cost of sales | $53.34 m | $57.43 m | $56.45 m |
| Gross Profit | $67.36 m | $76.16 m | $76.88 m |
| Operating Profit | $33.59 m | $43.10 m | $45.14 m |
| Pre-Tax profit | $33.24 m | $40.80 m | $44.62 m |
Somero Enterprise Inc. Company Background
| Sector | Industrials |
|---|---|
| Activities | Somero Enterprises Inc provides concrete placing solutions. The company provides concrete-leveling equipment, training, education, & support to its customers. Its products include CopperHead, Mini Screed C, S-840, S-15R, S-22E, S-485, S-940, S-10A, & the S-158 Laser Screed machines; STS-11M Topping Spreader; as well as the 3-D Profiler System software, the Somero Floor Levelness System, & the SP-16 Concrete Hose Line-Pulling & Placing System. Its revenues are derived from sales of Boomed screed products, Ride-on screed products, Remanufactured machines sales, 3-D Profiler System, & sales of parts & accessories, other equipment, service, training, & shipping charges. Geographically, it operates in North America, EMEA & ROW (Australia, Latin America, India, China, Korea, & Southeast Asia). |
| Latest Interim Date | 29 Aug 2024 |
| Latest Fiscal Year End Date | 5 Mar 2024 |
Somero Enterprise Inc. Directors
| Appointed | Name | Position |
|---|---|---|
| 2024-04-26 | Mr. Vincenzo LiCausi | Executive Director,Chief Financial Officer and Company Secretary |
| 2011-08-09 | Mr. Stuart J Doughty CMG | Non-Executive Director,Chairman |
| 2023-04-25 | Mr. Thomas M Anderson | Non-Executive Director |
| 2015-10-05 | Mr. Ronald Maskalunas | Non-Executive Director |
| 2024-04-26 | Mr. John T Cooney | Executive Director,Chief Executive Officer |
| 2015-04-21 | Mr. Michael F Niemela BSc | Executive Director,Chief Financial Officer and Co Secretary |
| 2024-04-26 | Mr. Lawrence L Horsch | Non-Executive Director,Chairman |
| 2024-04-26 | Mr. Howard E Hohmann | Executive Director,Executive Vice President, Sales Worldwide |
| 2023-08-29 | Mr. John Yuncza | Executive Director,President |
| 2024-04-26 | Mr. Robert Scheuer | Non-Executive Director |
| 2024-04-26 | Ms. Anne Melinda Ellis | Non-Executive Director |
Somero Enterprise Inc. Contact Details
| Company Name | Somero Enterprises Inc |
|---|---|
| Address | 14530 Global Parkway, Fort Myers, 33913 |
| Telephone | +1 239 2106500 |
| Website | https://www.somero.com |
Somero Enterprise Inc. Advisors
| Nominated Adviser | FinnCap |
|---|---|
| Phone | +44 2072200500 |
| Fax | +44 2076001659 |
| Financial PR Adviser | Redleaf Communications |
|---|---|
| Phone | +44 2073824747 |
| Stockbroker | FinnCap |
|---|---|
| Phone | +44 2072200500 |
| Fax | +44 2076001659 |
| Registrar | Computershare Investor Services Ltd |
|---|---|
| Phone | +44 8707074040 |
| Fax | +44 3708735851 |
| Auditor | Whitley Penn LLP |
|---|
| Solicitor | Brown Rudnick LLP |
|---|---|
| Phone | +44 2078516000 |
| Fax | +44 2078516100 |
| Registrar | Computershare Investor Services (CI) Ltd |
|---|---|
| Phone | (01534) 825200 |
| Fax | (01534) 825220 |
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