FERRETTI S.P.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 25.5 HKD | +2.20% |
|
+8.74% | +2.82% |
| Apr. 24 | Stock markets bullish; Eni with profit down | AN |
| Apr. 23 | Mib rises; A2A on fifth bullish session in a row. | AN |
Valuation
| Fiscal Period: December | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Capitalization 1 | 818.3 | 973.9 | 1,026 | - | - |
| Enterprise Value (EV) 2 | 539.1 | 693.7 | 758.3 | 716.8 | 653.3 |
| P/E ratio | 12.8 x | 11.6 x | 11.3 x | 10.1 x | 8.73 x |
| Yield | 2.41% | 3.33% | 3.47% | 3.41% | 4.26% |
| Capitalization / Revenue | 0.79 x | 0.86 x | 0.81 x | 0.75 x | 0.7 x |
| EV / Revenue | 0.52 x | 0.61 x | 0.6 x | 0.52 x | 0.44 x |
| EV / EBITDA | 3.85 x | 4.1 x | 3.97 x | 3.32 x | 2.67 x |
| EV / FCF | 8.39 x | -11.7 x | 6.16 x | 6.71 x | 4.6 x |
| FCF Yield | 11.9% | -8.55% | 16.2% | 14.9% | 21.7% |
| Price to Book | 0.99 x | 1.17 x | 1.13 x | 1.05 x | 0.95 x |
| Nbr of stocks (in thousands) | 338,483 | 338,484 | 338,484 | - | - |
| Reference price 3 | 20.20 | 24.80 | 25.50 | 25.50 | 25.50 |
| Announcement Date | 3/8/23 | 3/14/24 | - | - | - |
1HKD in Million2EUR in Million3HKD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net sales 1 | - | 1,030 | 1,134 | 1,265 | 1,368 | 1,471 |
| EBITDA 1 | - | 140 | 169.2 | 190.8 | 215.8 | 244.8 |
| EBIT 1 | - | 86.9 | 106.1 | 123.1 | 140.2 | 164.9 |
| Operating Margin | - | 8.44% | 9.35% | 9.73% | 10.25% | 11.21% |
| Earnings before Tax (EBT) 1 | - | 69.38 | 104 | 127 | 138.5 | 164 |
| Net income 1 | 37.54 | 60.27 | 83.05 | 92.83 | 103.3 | 120.8 |
| Net margin | - | 5.85% | 7.32% | 7.34% | 7.55% | 8.22% |
| EPS 2 | 1.240 | 1.578 | 2.130 | 2.265 | 2.517 | 2.922 |
| Free Cash Flow 1 | - | 64.24 | -59.28 | 123 | 106.9 | 142 |
| FCF margin | - | 6.24% | -5.23% | 9.72% | 7.81% | 9.66% |
| FCF Conversion (EBITDA) | - | 45.89% | - | 64.46% | 49.52% | 58.01% |
| FCF Conversion (Net income) | - | 106.59% | - | 132.5% | 103.48% | 117.5% |
| Dividend per Share 2 | - | 0.4877 | 0.8264 | 0.8840 | 0.8700 | 1.087 |
| Announcement Date | 4/29/22 | 3/8/23 | 3/14/24 | - | - | - |
1EUR in Million2HKD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2023 S1 | 2023 S2 | 2024 Q1 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|
| Net sales 1 | - | 553.6 | 306.7 | 625.7 | 622.7 |
| EBITDA 1 | - | - | 46.3 | - | - |
| EBIT | - | 52.79 | - | 55.45 | 60 |
| Operating Margin | - | 9.53% | - | 8.86% | 9.64% |
| Earnings before Tax (EBT) | - | - | - | - | - |
| Net income | 40.45 | - | - | - | - |
| Net margin | - | - | - | - | - |
| EPS | 1.024 | 1.108 | - | - | - |
| Dividend per Share | - | - | - | - | - |
| Announcement Date | 8/2/23 | 3/14/24 | - | - | - |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - |
| Net Cash position 1 | - | 279 | 280 | 267 | 309 | 372 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | - | 64.2 | -59.3 | 123 | 107 | 142 |
| ROE (net income / shareholders' equity) | - | 12.8% | 10.3% | 10.7% | 11.2% | 12.4% |
| ROA (Net income/ Total Assets) | - | 6.68% | 5.52% | 5.85% | 6.53% | 7.91% |
| Assets 1 | - | 902.8 | 1,505 | 1,587 | 1,581 | 1,528 |
| Book Value Per Share 2 | - | 20.40 | 21.10 | 22.60 | 24.30 | 26.80 |
| Cash Flow per Share 2 | - | 3.810 | 2.360 | 0.5100 | 3.890 | 2.250 |
| Capex 1 | - | 81.5 | 153 | 145 | 84 | 73.8 |
| Capex / Sales | - | 7.91% | 13.48% | 11.49% | 6.14% | 5.02% |
| Announcement Date | 4/29/22 | 3/8/23 | 3/14/24 | - | - | - |
1EUR in Million2HKD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
25.5
HKD
Average target price
38.1
HKD
Spread / Average Target
+49.41%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +2.82% | 1.1B | |
| +7.53% | 1.18B | |
| -34.40% | 735M | |
| +15.67% | 543M | |
| -7.46% | 366M | |
| -9.45% | 348M | |
| +13.54% | 230M | |
| -5.77% | 174M | |
| -10.16% | 47.21M | |
| +17.74% | 49.76M |
- Stock Market
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- Financials Ferretti S.p.A.
