SON Stock Analysis: Sonae SGPS | LS
Grocery Stores | LS, Portugal | Market Cap: 4.094m EUR | 12M Return: 66.5% | PTSON0AM0001 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.29M
EPS Trend: -78.2%
Rev. Trend: 98.3%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.8 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Sonae SGPS SA is a Portuguese diversified holding company operating across retail, real estate, telecommunications, technology, and financial services in Portugal and internationally. Its business is organized into six main segments: MC (food retail with banners like Continente), Worten (electronics and appliances), Musti (pet retail), Sierra (real estate), Bright Pixel (retail technology and cybersecurity investments), and NOS (telecommunications). The company runs an extensive network of physical stores and digital channels spanning supermarkets, hypermarkets, health and wellness outlets, bookshops, cafeterias, pet stores, and clothing, alongside telecom services such as Pay TV and broadband. Founded in 1959 and headquartered in Cidade da Maia, Portugal, Sonae operates as a subsidiary of Efanor Investimentos SGPS, SA.
The company is classified under the GICS Consumer Discretionary sector, specifically within the Department Stores sub-industry, reflecting its broad retail footprint. Sonaes conglomerate-style structure-combining food retail, consumer electronics, pet care, telecom, and real estate under one corporate umbrella-is characteristic of large Portuguese family-controlled holding groups, allowing cross-segment revenue diversification across both consumer staples and discretionary spending categories.
- NOS telecom margins squeezed by Altice price war
- Continente food retail lifts margins on private label growth
- Musti pet care delivers double-digit revenue growth
| Net Income: 220.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 1.28 > 1.0 |
| NWC/Revenue: -5.00% < 20% (prev -5.58%; Δ 0.58% < -1%) |
| CFO/TA 0.02 > 3% & CFO 268.3m > Net Income 220.1m |
| Net Debt (1.24b) to EBITDA (1.20b): 1.03 < 3 |
| Current Ratio: 0.81 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.94b) vs 12m ago 0.33% < -2% |
| Gross Margin: 32.01% > 18% (prev 31.80%; Δ 0.21% > 0.5%) |
| Asset Turnover: 103.4% > 50% (prev 97.30%; Δ 6.06% > 0%) |
| Interest Coverage Ratio: 3.11 > 6 (EBIT TTM 576.7m / Interest Expense TTM 185.6m) |
| A: -0.05 (Total Current Assets 2.52b - Total Current Liabilities 3.11b) / Total Assets 11.4b |
| B: 0.01 (Retained Earnings 122.8m / Total Assets 11.4b) |
| C: 0.05 (EBIT TTM 576.7m / Avg Total Assets 11.3b) |
| D: 0.43 (Book Value of Equity 3.22b / Total Liabilities 7.51b) |
| Altman-Z'' = 0.49 = B |
| DSRI: 0.86 (Receivables 523.6m/566.4m, Revenue 11.7b/10.9b) |
| GMI: 0.99 (GM 31.80% / 32.01%) |
| AQI: 0.97 (AQ_t 0.45 / AQ_t-1 0.46) |
| SGI: 1.07 (Revenue 11.7b / 10.9b) |
| TATA: -0.00 (NI 220.1m - CFO 268.3m) / TA 11.4b) |
| Beneish M = -3.11 (Cap -4..+1) = AA |
As of November 06, 2026, the stock is trading at EUR 2.28 with a total of 3,602,603 shares traded. Over the past week, the price has changed by +8.08%, over one month by +12.62%, over three months by +8.85% and over the past year by +66.46%.
Current recommended Stop Loss: 2.20 (which is 3.5% or 2 ATR below the current price).
Sonae SGPS has no consensus analysts rating.
P/E Trailing = 11.0789
P/E Forward = 30.2115
P/S = 0.346
P/B = 1.2702
P/EG = 0.1502
Revenue TTM = 11.7b EUR
EBIT TTM = 576.7m EUR
EBITDA TTM = 1.20b EUR
Long Term Debt = 2.10b EUR (from longTermDebt, last quarter)
Short Term Debt = 272.7m EUR (from shortLongTermDebt, last quarter)
Debt = 1.81b EUR (Leases only: 1.81b)
Net Debt = 1.24b EUR (calculated: Debt 1.81b - CCE 567.7m)
Enterprise Value = 5.33b EUR (4.09b + Debt 1.81b - CCE 567.7m)
Interest Coverage Ratio = 3.11 (Ebit TTM 576.7m / Interest Expense TTM 185.6m)
EV/FCF = 7.96x (Enterprise Value 5.33b / FCF TTM 669.6m)
FCF Yield = 12.56% (FCF TTM 669.6m / Enterprise Value 5.33b)
FCF Margin = 5.73% (FCF TTM 669.6m / Revenue TTM 11.7b)
Net Margin = 1.88% (Net Income TTM 220.1m / Revenue TTM 11.7b)
Gross Margin = 32.01% ((Revenue TTM 11.7b - Cost of Revenue TTM 7.95b) / Revenue TTM)
Gross Margin QoQ = 32.55% (prev 32.06%)
Tobins Q-Ratio = 0.47 (Enterprise Value 5.33b / Total Assets 11.4b)
Interest Expense / Debt = 10.27% (Interest Expense 185.6m / Debt 1.81b)
Taxrate = 15.73% (61.5m / 391.2m)
NOPAT = 486.0m (EBIT 576.7m * (1 - 15.73%))
Current Ratio = 0.81 (Total Current Assets 2.52b / Total Current Liabilities 3.11b)
Debt / Equity = 0.56 (Debt 1.81b / totalStockholderEquity, last quarter 3.22b)
Debt / EBITDA = 1.03 (Net Debt 1.24b / EBITDA 1.20b)
Debt / FCF = 1.85 (Net Debt 1.24b / FCF TTM 669.6m)
Total Stockholder Equity = 3.20b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.95% (Net Income 220.1m / Total Assets 11.4b)
RoE = 6.88% (Net Income TTM 220.1m / Total Stockholder Equity 3.20b)
RoCE = 10.88% (EBIT 576.7m / Capital Employed (Equity 3.20b + L.T.Debt 2.10b))
RoIC = 6.30% (NOPAT 486.0m / Invested Capital 7.72b)
WACC = 6.58% (E(4.09b)/V(5.90b) * Re(5.67%) + D(1.81b)/V(5.90b) * Rd(10.27%) * (1-Tc(0.16)))
Discount Rate = 5.67% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 92.69 | Cagr: 0.45%
[DCF] Terminal Value 77.97% ; FCFF base≈608.4m ; Y1≈697.4m ; Y5≈1.03b
[DCF] Fair Price = 7.31 (EV 15.4b - Net Debt 1.24b = Equity 14.2b / Shares 1.94b; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -78.19 | EPS CAGR: -25.23% | SUE: N/A | # QB: 0
Revenue Correlation: 98.34 | Revenue CAGR: 15.49% | SUE: 0.04 | # QB: 0
EPS current Year (2026-12-31): EPS=0.14 | Chg30d=-14.25% | Revisions=+0% | GrowthEPS=-9.0% | GrowthRev=+7.0%
EPS next Year (2027-12-31): EPS=0.16 | Chg30d=-7.96% | Revisions=-25% | GrowthEPS=+19.8% | GrowthRev=+5.9%
[Analyst] Revisions Ratio: -25% (up=0, down=1)