Estados financieros detallados de SIFCO Industries, Inc. (SIF): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
SIFCO Industries, Inc. registró ingresos de $84.8M en el último ejercicio fiscal, con un CAGR de 5 años del -5.7%.
Márgenes de los últimos 12 meses: margen bruto 16.6%, margen operativo 5.2%, margen neto 4.0%.
Al precio actual de $20.96, SIF cotiza a un P/E de 32.85 y un ROE del 10.02%. La capitalización bursátil es de $131M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $119.1M | $121.5M | $111.2M | $112.5M | $113.6M | $99.6M | $83.9M | $66.1M | $79.6M | $84.8M |
| Coste de Ventas | $107.0M | $108.1M | $101.1M | $101.8M | $93.6M | $88.4M | $85.8M | $62.7M | $73.7M | $74.2M |
| Beneficio Bruto | $12.1M | $13.4M | $10.1M | $10.6M | $20.0M | $11.2M | -$1.9M | $3.3M | $6.0M | $10.6M |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $17.4M | $17.8M | $15.2M | $15.3M | $14.0M | $13.5M | $11.9M | $12.3M | $11.1M | $10.4M |
| Gastos Operativos | $20.0M | $19.9M | $16.9M | $16.9M | $15.5M | $12.3M | $12.2M | $12.3M | $11.1M | $10.4M |
| Beneficio Operativo | -$12.1M | -$11.5M | -$5.9M | -$6.4M | $4.2M | -$1.1M | -$14.1M | -$9.0M | -$5.2M | $190000 |
| EBITDA | -$852000 | -$944000 | $3.1M | $375000 | $9.4M | $6.3M | -$2.7M | -$4.4M | -$725000 | $6.0M |
| Gastos por Intereses | $1.7M | $2.2M | $2.1M | $1.1M | $886000 | $638000 | $645000 | $997000 | $3.1M | $1.7M |
| Beneficio Antes de Impuestos | -$13.3M | -$13.1M | -$7.5M | -$8.2M | $9.0M | -$2.0M | -$9.7M | -$10.5M | -$8.6M | -$748000 |
| Impuestos | -$2.0M | $1.1M | -$361000 | -$701000 | -$211000 | -$1.2M | -$43000 | $16000 | $37000 | $185000 |
| Beneficio Neto | -$11.3M | -$14.2M | -$7.2M | -$7.5M | $9.2M | -$743000 | -$9.6M | -$8.7M | -$5.4M | -$718000 |
| BPA | $-2.07 | $-2.59 | $-1.30 | $-1.35 | $1.62 | $-0.13 | $-1.65 | $-1.47 | $-0.90 | $-0.12 |
| BPA Diluido | $-2.07 | $-2.59 | $-1.30 | $-1.35 | $1.59 | $-0.13 | $-1.65 | $-1.47 | $-0.90 | $-0.12 |
| Acciones en Circulación (Diluidas) | $5.5M | $5.5M | $5.5M | $5.6M | $5.8M | $5.8M | $5.8M | $5.9M | $6.0M | $6.1M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $22.8M | $24.0M | $26.4M | $26.1M |
| Beneficio Bruto | $2.2M | $5.2M | $5.7M | $3.4M |
| Beneficio Operativo | -$377000 | $2.5M | $2.7M | $286000 |
| EBITDA | $1.1M | $3.6M | $3.7M | $1.3M |
| Beneficio Neto | -$429000 | $1.8M | $2.7M | -$40000 |
| BPA | $-0.07 | $0.29 | $0.43 | $-0.01 |
| BPA Diluido | $-0.07 | $0.29 | $0.43 | $-0.01 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $471000 | $1.4M | $1.3M | $341000 | $427000 | $346000 | $1.2M | $368000 | $1.7M | $2.0M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $26.9M | $26.2M | $28.1M | $37.1M | $36.9M | $32.9M | $26.8M | $30.4M | $28.0M | $26.7M |
| Inventario | $28.5M | $20.4M | $18.3M | $10.5M | $15.6M | $12.5M | $9.0M | $8.9M | $6.2M | $4.2M |
| Activos Corrientes | $58.1M | $52.1M | $49.6M | $49.5M | $55.2M | $47.6M | $38.8M | $41.5M | $54.3M | $35.1M |
| Inmovilizado Material | $49.0M | $39.5M | $35.4M | $39.6M | $61.2M | $58.7M | $54.4M | $50.7M | $39.6M | $34.3M |
| Fondo de Comercio | $11.7M | $12.2M | $12.0M | $3.5M | $3.5M | $3.5M | $3.5M | $3.5M | $3.5M | $3.5M |
| Activos Intangibles | $11.1M | $6.8M | $5.1M | $3.3M | $1.9M | $874000 | $477000 | $278000 | 0 | 0 |
| Activos Totales | $130.5M | $110.9M | $102.2M | $96.1M | $121.9M | $110.7M | $97.3M | $96.3M | $104.6M | $73.4M |
| Cuentas por Pagar | $14.5M | $12.8M | $15.5M | $19.8M | $14.0M | $9.8M | $10.4M | $13.5M | $11.6M | $5.8M |
| Deuda a Corto | $31.0M | $26.1M | $27.2M | $21.3M | $20.0M | $18.5M | $15.5M | $20.1M | $24.0M | $10.6M |
| Pasivos Corrientes | $50.8M | $45.7M | $47.8M | $46.7M | $43.3M | $36.0M | $32.6M | $41.0M | $54.0M | $22.2M |
| Deuda a Largo | $7.6M | $5.2M | $2.3M | $2.1M | $4.6M | $2.7M | $3.5M | $2.4M | 0 | 0 |
| Pasivos Totales | $70.1M | $60.8M | $58.0M | $60.0M | $76.4M | $61.0M | $56.6M | $61.9M | $74.2M | $36.5M |
| Reservas | $58.5M | $44.3M | $37.1M | $33.1M | $42.3M | $41.6M | $32.0M | $23.3M | $17.9M | $17.2M |
| Patrimonio Neto | $60.4M | $50.1M | $44.2M | $36.1M | $45.5M | $49.6M | $40.7M | $34.3M | $30.4M | $36.9M |
| Deuda Total | $38.6M | $31.3M | $29.5M | $23.4M | $41.8M | $37.4M | $34.6M | $37.5M | $37.9M | $23.8M |
| Deuda Neta | $38.2M | $29.9M | $28.3M | $23.0M | $41.4M | $37.0M | $33.5M | $37.1M | $36.2M | $21.8M |
| Capital Circulante | $7.3M | $6.4M | $1.8M | $2.8M | $11.9M | $11.6M | $6.2M | $522000 | $313000 | $12.9M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $491000 | $1.1M | $1.4M | $77000 |
| Activos Totales | $73.4M | $74.9M | $78.2M | $80.0M |
| Pasivos Totales | $36.5M | $36.2M | $36.8M | $38.5M |
| Patrimonio Neto | $36.9M | $38.7M | $41.4M | $41.5M |
| Deuda Total | $23.8M | $15.8M | $17.8M | $17.3M |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$11.3M | -$14.2M | -$7.2M | -$7.5M | $9.2M | -$743000 | -$9.6M | -$10.5M | -$8.6M | -$933000 |
| Amortizaciones | $10.8M | $10.0M | $8.5M | $7.5M | $7.4M | $7.7M | $6.3M | $5.1M | $4.8M | $5.0M |
| Compensación en Acciones | -$502000 | $371000 | $608000 | $515000 | $390000 | $453000 | $322000 | $304000 | $202000 | $139000 |
| Cambio en Capital Circulante | $7.9M | $9.4M | $16000 | $4.8M | -$10.5M | -$1.2M | $6.0M | $2.4M | -$2.3M | -$7.6M |
| Flujo de Caja Operativo | $12.3M | $12.0M | $1.3M | $5.7M | $449000 | $3.9M | $298000 | -$1.4M | -$1.7M | -$70999 |
| Inversiones (CapEx) | -$2.3M | -$2.3M | -$2.8M | -$9.4M | -$9.0M | -$5.0M | -$3.2M | -$1.1M | -$2.0M | -$484000 |
| Adquisiciones | $275000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Recompra de Acciones | 0 | 0 | 0 | -$62000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | $9.9M | $9.7M | -$1.5M | -$3.7M | -$8.6M | -$1.1M | -$2.9M | -$2.5M | -$3.7M | -$555000 |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | $585000 | $8.1M | -$2.9M | -$1.8M |
| Inversiones (CapEx) | -$160000 | -$95999 | -$118000 | -$334000 |
| Flujo de Caja Libre | $425000 | $8.0M | -$3.0M | -$2.1M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $38000 | $6000 | $77000 | $197000 |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +2.0% | -8.4% | +1.1% | +1.0% | -12.3% | -15.8% | -21.3% | +20.5% | +6.5% |
| Crecimiento Beneficio Neto (anual) | | -25.4% | +49.5% | -4.7% | +222.4% | -108.1% | -1197.4% | +9.8% | +38.1% | +86.7% |
| Crecimiento BPA (anual) | | -25.1% | +49.8% | -3.8% | +220.0% | -108.0% | -1169.2% | +10.9% | +38.8% | +86.7% |
| Cambio en Acciones (anual) | | +0.2% | +0.7% | +0.8% | +4.0% | -0.6% | +1.2% | +1.7% | +1.1% | +1.0% |
| Crecimiento FCF (anual) | | -2.8% | -115.9% | -142.1% | -130.7% | +87.3% | -166.9% | +14.5% | -50.1% | +85.1% |
| Margen Bruto | 10.1% | 11.0% | 9.1% | 9.5% | 17.6% | 11.3% | -2.2% | 5.1% | 7.5% | 12.5% |
| Margen Operativo | -10.1% | -9.5% | -5.3% | -5.7% | 3.7% | -1.1% | -16.8% | -13.6% | -6.5% | 0.2% |
| Margen EBITDA | -0.7% | -0.8% | 2.8% | 0.3% | 8.3% | 6.4% | -3.2% | -6.7% | -0.9% | 7.0% |
| Margen Neto | -9.5% | -11.7% | -6.4% | -6.7% | 8.1% | -0.7% | -11.5% | -13.2% | -6.8% | -0.8% |
| Margen FCF | 8.3% | 8.0% | -1.4% | -3.3% | -7.6% | -1.1% | -3.5% | -3.8% | -4.7% | -0.7% |
| Tasa Impositiva Efectiva | 15.0% | -8.1% | 4.8% | 8.5% | -2.3% | 62.2% | 0.4% | -0.2% | -0.4% | -24.7% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $1.81 | $1.76 | $-0.28 | $-0.67 | $-1.48 | $-0.19 | $-0.50 | $-0.42 | $-0.62 | $-0.09 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $5.5M | $5.5M | $5.5M | $5.6M | $5.7M | $5.8M | $5.8M | $5.9M | $6.0M | $6.1M |
Qué mirar en Industrials
Aeroespacial, defensa, maquinaria, transporte. Semi-cíclicos. Clave: backlog, márgenes operativos, y conversión de FCF.
- Crecimiento ingresos 5y — Sin crecimiento, no hay creación de valor a largo plazo
- Margen operativo — El mejor indicador de disciplina operativa en industriales
- ROIC — Industriales de calidad tienen ROIC >15% — el resto destruyen capital
- FCF conversion — FCF / Net Income — en industriales bueno >85%
- Deuda neta / EBITDA — Industriales cíclicos con deuda alta sufren mucho en recesión
- Capex / Ingresos — Mantener la maquinaria. <4% = posible infraversión (deterioro futuro)
- Altman Z-Score — Modelo de bankruptcy (NYU 1968) — combina liquidez, apalancamiento y rentabilidad. Clave en cíclicos
Rentabilidad
| Rentabilidad sobre capital | 10.02% |
| Rentabilidad sobre capital invertido | 8.09% |
| Rentabilidad sobre activos | 4.96% |
| Margen bruto | 16.57% |
| Margen operativo | 5.16% |
| Margen neto | 4.00% |
Salud financiera
| Deuda / Patrimonio | 0.42 |
| Ratio corriente | 1.77 |
| Piotroski F-Score | 5 |
| Altman Z-Score | 2.40 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -4.79 | -2.20 | -3.95 | -2.01 | 2.27 | -66.15 | -1.86 | -2.50 | -5.17 | -58.67 |
| P/VC | 0.90 | 0.62 | 0.64 | 0.42 | 0.46 | 1.00 | 0.44 | 0.63 | 0.92 | 1.16 |
| P/V | 0.46 | 0.26 | 0.25 | 0.13 | 0.18 | 0.50 | 0.21 | 0.33 | 0.35 | 0.50 |
| Margen Bruto | 10.1% | 11.0% | 9.1% | 9.5% | 17.6% | 11.3% | -2.2% | 5.1% | 7.5% | 12.5% |
| Margen Operativo | -10.1% | -9.5% | -5.3% | -5.7% | 3.7% | -1.1% | -16.8% | -13.6% | -6.5% | 0.2% |
| Margen Neto | -9.5% | -11.7% | -6.4% | -6.7% | 8.1% | -0.7% | -11.5% | -13.2% | -6.8% | -0.8% |