ALMAWAVE SPA (AIW.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:AIW - IT0005434615 - Common Stock
4.29 EUR
0 (-0.12%)
We assign a fundamental rating of 4 out of 10 to AIW. AIW was compared to 105 industry peers in the Software industry. AIW has only an average score on both its financial health and profitability. AIW is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
AIW had positive earnings in the past year.
In the past year AIW had a positive cash flow from operations.
In the past 5 years AIW has always been profitable.
Each year in the past 5 years AIW had a positive operating cash flow.
1.2 Ratios
AIW's Return On Assets of 5.88% is in line compared to the rest of the industry. AIW outperforms 58.62% of its industry peers.
AIW's Return On Equity of 9.81% is in line compared to the rest of the industry. AIW outperforms 55.17% of its industry peers.
The Return On Invested Capital of AIW (0.26%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for AIW is significantly below the industry average of 13.30%.
The last Return On Invested Capital (0.26%) for AIW is well below the 3 year average (6.25%), which needs to be investigated, but indicates that AIW had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.88% | ||
| ROE | 9.81% | ||
| ROIC | 0.26% |
ROA(3y)6.47%
ROA(5y)5.41%
ROE(3y)10.83%
ROE(5y)11.21%
ROIC(3y)6.25%
ROIC(5y)7.38%
1.3 Margins
Looking at the Profit Margin, with a value of 16.46%, AIW is in the better half of the industry, outperforming 68.97% of the companies in the same industry.
AIW's Profit Margin has improved in the last couple of years.
AIW has a Operating Margin (0.64%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of AIW has declined.
AIW has a Gross Margin of 52.61%. This is in the lower half of the industry: AIW underperforms 66.38% of its industry peers.
AIW's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.64% | ||
| PM (TTM) | 16.46% | ||
| GM | 52.61% |
OM growth 3Y-24.27%
OM growth 5Y-20.53%
PM growth 3Y18.54%
PM growth 5Y12.74%
GM growth 3Y-2.82%
GM growth 5Y-2.82%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AIW is destroying value.
AIW has more shares outstanding than it did 1 year ago.
AIW has more shares outstanding than it did 5 years ago.
AIW has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.83 indicates that AIW is not a great score, but indicates only limited risk for bankruptcy at the moment.
AIW's Altman-Z score of 2.83 is in line compared to the rest of the industry. AIW outperforms 52.59% of its industry peers.
AIW has a Debt/Equity ratio of 0.04. This is a healthy value indicating a solid balance between debt and equity.
AIW has a better Debt to Equity ratio (0.04) than 81.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.83 |
ROIC/WACC0.03
WACC8.51%
2.3 Liquidity
AIW has a Current Ratio of 1.44. This is a normal value and indicates that AIW is financially healthy and should not expect problems in meeting its short term obligations.
AIW's Current ratio of 1.44 is in line compared to the rest of the industry. AIW outperforms 51.72% of its industry peers.
A Quick Ratio of 1.44 indicates that AIW should not have too much problems paying its short term obligations.
AIW has a Quick ratio (1.44) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.44 | ||
| Quick Ratio | 1.44 |
3. Growth
3.1 Past
AIW shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -5.73%.
Measured over the past years, AIW shows a very strong growth in Earnings Per Share. The EPS has been growing by 29.38% on average per year.
The Revenue for AIW has decreased by -12.68% in the past year. This is quite bad
Measured over the past years, AIW shows a quite strong growth in Revenue. The Revenue has been growing by 18.14% on average per year.
EPS 1Y (TTM)-5.73%
EPS 3Y30.66%
EPS 5Y29.38%
EPS Q2Q%-42.86%
Revenue 1Y (TTM)-12.68%
Revenue growth 3Y14.25%
Revenue growth 5Y18.14%
Sales Q2Q%-10.46%
3.2 Future
The Earnings Per Share is expected to grow by 7.30% on average over the next years.
Based on estimates for the next years, AIW will show a quite strong growth in Revenue. The Revenue will grow by 13.96% on average per year.
EPS Next Y17.65%
EPS Next 2Y16.32%
EPS Next 3Y7.3%
EPS Next 5YN/A
Revenue Next Year14%
Revenue Next 2Y14.02%
Revenue Next 3Y13.96%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 16.50 indicates a correct valuation of AIW.
AIW's Price/Earnings ratio is rather cheap when compared to the industry. AIW is cheaper than 86.21% of the companies in the same industry.
AIW's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.51.
A Price/Forward Earnings ratio of 18.47 indicates a rather expensive valuation of AIW.
AIW's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. AIW is cheaper than 73.28% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.13, AIW is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.5 | ||
| Fwd PE | 18.47 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AIW is valued a bit cheaper than 61.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 17.29 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.93
PEG (5Y)0.56
EPS Next 2Y16.32%
EPS Next 3Y7.3%
5. Dividend
5.1 Amount
AIW does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
BIT:AIW (12/15/2025, 7:00:00 PM)
4.29
0 (-0.12%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners3.61%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap128.61M
Revenue(TTM)46.58M
Net Income(TTM)7.67M
Analysts84
Price Target4.08 (-4.9%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.5 | ||
| Fwd PE | 18.47 | ||
| P/S | 2.76 | ||
| P/FCF | N/A | ||
| P/OCF | 11.74 | ||
| P/B | 1.64 | ||
| P/tB | 9.1 | ||
| EV/EBITDA | 17.29 |
EPS(TTM)0.26
EY6.06%
EPS(NY)0.23
Fwd EY5.41%
FCF(TTM)-0.12
FCFYN/A
OCF(TTM)0.37
OCFY8.52%
SpS1.55
BVpS2.61
TBVpS0.47
PEG (NY)0.93
PEG (5Y)0.56
Graham Number3.91
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.88% | ||
| ROE | 9.81% | ||
| ROCE | 0.35% | ||
| ROIC | 0.26% | ||
| ROICexc | 0.28% | ||
| ROICexgc | 1.43% | ||
| OM | 0.64% | ||
| PM (TTM) | 16.46% | ||
| GM | 52.61% | ||
| FCFM | N/A |
ROA(3y)6.47%
ROA(5y)5.41%
ROE(3y)10.83%
ROE(5y)11.21%
ROIC(3y)6.25%
ROIC(5y)7.38%
ROICexc(3y)7.3%
ROICexc(5y)9.1%
ROICexgc(3y)35.3%
ROICexgc(5y)40.51%
ROCE(3y)8.33%
ROCE(5y)9.84%
ROICexgc growth 3Y-32.08%
ROICexgc growth 5Y-18.89%
ROICexc growth 3Y-37.71%
ROICexc growth 5Y-24.79%
OM growth 3Y-24.27%
OM growth 5Y-20.53%
PM growth 3Y18.54%
PM growth 5Y12.74%
GM growth 3Y-2.82%
GM growth 5Y-2.82%
F-Score3
Asset Turnover0.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.41 | ||
| Cap/Depr | 204.64% | ||
| Cap/Sales | 31.14% | ||
| Interest Coverage | 1.57 | ||
| Cash Conversion | 148.34% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.44 | ||
| Quick Ratio | 1.44 | ||
| Altman-Z | 2.83 |
F-Score3
WACC8.51%
ROIC/WACC0.03
Cap/Depr(3y)180.78%
Cap/Depr(5y)174.55%
Cap/Sales(3y)18.18%
Cap/Sales(5y)17.26%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-5.73%
EPS 3Y30.66%
EPS 5Y29.38%
EPS Q2Q%-42.86%
EPS Next Y17.65%
EPS Next 2Y16.32%
EPS Next 3Y7.3%
EPS Next 5YN/A
Revenue 1Y (TTM)-12.68%
Revenue growth 3Y14.25%
Revenue growth 5Y18.14%
Sales Q2Q%-10.46%
Revenue Next Year14%
Revenue Next 2Y14.02%
Revenue Next 3Y13.96%
Revenue Next 5YN/A
EBIT growth 1Y-95.82%
EBIT growth 3Y-13.48%
EBIT growth 5Y-6.12%
EBIT Next Year116.67%
EBIT Next 3Y41.5%
EBIT Next 5YN/A
FCF growth 1Y-196.44%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-0.64%
OCF growth 3Y24.13%
OCF growth 5Y19.87%
ALMAWAVE SPA / AIW.MI FAQ
What is the ChartMill fundamental rating of ALMAWAVE SPA (AIW.MI) stock?
ChartMill assigns a fundamental rating of 4 / 10 to AIW.MI.
What is the valuation status for AIW stock?
ChartMill assigns a valuation rating of 4 / 10 to ALMAWAVE SPA (AIW.MI). This can be considered as Fairly Valued.
Can you provide the profitability details for ALMAWAVE SPA?
ALMAWAVE SPA (AIW.MI) has a profitability rating of 5 / 10.
What are the PE and PB ratios of ALMAWAVE SPA (AIW.MI) stock?
The Price/Earnings (PE) ratio for ALMAWAVE SPA (AIW.MI) is 16.5 and the Price/Book (PB) ratio is 1.64.
Can you provide the expected EPS growth for AIW stock?
The Earnings per Share (EPS) of ALMAWAVE SPA (AIW.MI) is expected to grow by 17.65% in the next year.