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BASICNET SPA (BAN.MI) Stock Fundamental Analysis

BIT:BAN - Euronext Milan - IT0001033700 - Common Stock - Currency: EUR

7.32  -0.16 (-2.14%)

Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to BAN. BAN was compared to 54 industry peers in the Specialty Retail industry. Both the profitability and the financial health of BAN get a neutral evaluation. Nothing too spectacular is happening here. BAN has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

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6

1. Profitability

1.1 Basic Checks

BAN had positive earnings in the past year.
BAN had a positive operating cash flow in the past year.
Each year in the past 5 years BAN has been profitable.
BAN had a positive operating cash flow in 4 of the past 5 years.
BAN.MI Yearly Net Income VS EBIT VS OCF VS FCFBAN.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 10M 20M 30M 40M

1.2 Ratios

BAN has a Return On Assets of 4.25%. This is in the better half of the industry: BAN outperforms 79.25% of its industry peers.
Looking at the Return On Equity, with a value of 12.37%, BAN is in the better half of the industry, outperforming 75.47% of the companies in the same industry.
With a decent Return On Invested Capital value of 7.71%, BAN is doing good in the industry, outperforming 77.36% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for BAN is in line with the industry average of 9.99%.
Industry RankSector Rank
ROA 4.25%
ROE 12.37%
ROIC 7.71%
ROA(3y)6.04%
ROA(5y)5.59%
ROE(3y)16.71%
ROE(5y)14.92%
ROIC(3y)9.48%
ROIC(5y)8.47%
BAN.MI Yearly ROA, ROE, ROICBAN.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 5 10 15 20

1.3 Margins

BAN's Profit Margin of 6.00% is amongst the best of the industry. BAN outperforms 84.91% of its industry peers.
In the last couple of years the Profit Margin of BAN has declined.
BAN has a Operating Margin of 10.71%. This is amongst the best in the industry. BAN outperforms 86.79% of its industry peers.
BAN's Operating Margin has declined in the last couple of years.
BAN's Gross Margin of 43.34% is fine compared to the rest of the industry. BAN outperforms 67.92% of its industry peers.
BAN's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 10.71%
PM (TTM) 6%
GM 43.34%
OM growth 3Y34.76%
OM growth 5Y-6.68%
PM growth 3Y22.2%
PM growth 5Y-11.51%
GM growth 3Y2.53%
GM growth 5Y1.19%
BAN.MI Yearly Profit, Operating, Gross MarginsBAN.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 10 20 30 40

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4

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BAN is still creating some value.
BAN has less shares outstanding than it did 1 year ago.
BAN has less shares outstanding than it did 5 years ago.
BAN has a worse debt/assets ratio than last year.
BAN.MI Yearly Shares OutstandingBAN.MI Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 10M 20M 30M 40M 50M
BAN.MI Yearly Total Debt VS Total AssetsBAN.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 100M 200M 300M 400M

2.2 Solvency

An Altman-Z score of 2.28 indicates that BAN is not a great score, but indicates only limited risk for bankruptcy at the moment.
BAN has a Altman-Z score of 2.28. This is in the better half of the industry: BAN outperforms 66.04% of its industry peers.
The Debt to FCF ratio of BAN is 4.85, which is a neutral value as it means it would take BAN, 4.85 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of BAN (4.85) is better than 60.38% of its industry peers.
BAN has a Debt/Equity ratio of 0.90. This is a neutral value indicating BAN is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.90, BAN is not doing good in the industry: 69.81% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 0.9
Debt/FCF 4.85
Altman-Z 2.28
ROIC/WACC1.1
WACC7%
BAN.MI Yearly LT Debt VS Equity VS FCFBAN.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 50M 100M 150M

2.3 Liquidity

A Current Ratio of 1.20 indicates that BAN should not have too much problems paying its short term obligations.
With a Current ratio value of 1.20, BAN perfoms like the industry average, outperforming 50.94% of the companies in the same industry.
BAN has a Quick Ratio of 1.20. This is a bad value and indicates that BAN is not financially healthy enough and could expect problems in meeting its short term obligations.
BAN has a Quick ratio (0.59) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 1.2
Quick Ratio 0.59
BAN.MI Yearly Current Assets VS Current LiabilitesBAN.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 50M 100M 150M 200M

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2

3. Growth

3.1 Past

BAN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -25.01%.
The Earnings Per Share has been growing slightly by 3.94% on average over the past years.
The Revenue has decreased by -0.84% in the past year.
Measured over the past years, BAN shows a quite strong growth in Revenue. The Revenue has been growing by 16.42% on average per year.
EPS 1Y (TTM)-25.01%
EPS 3Y44.29%
EPS 5Y3.94%
EPS Q2Q%-61.58%
Revenue 1Y (TTM)-0.84%
Revenue growth 3Y15.9%
Revenue growth 5Y16.42%
Sales Q2Q%-2.2%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
BAN.MI Yearly Revenue VS EstimatesBAN.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 100M 200M 300M
BAN.MI Yearly EPS VS EstimatesBAN.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 0.1 0.2 0.3 0.4

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3

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 18.30 indicates a rather expensive valuation of BAN.
Based on the Price/Earnings ratio, BAN is valued a bit cheaper than the industry average as 79.25% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 29.35. BAN is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 18.3
Fwd PE N/A
BAN.MI Price Earnings VS Forward Price EarningsBAN.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

BAN's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BAN indicates a somewhat cheap valuation: BAN is cheaper than 64.15% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 12.28
EV/EBITDA 8.75
BAN.MI Per share dataBAN.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6

4.3 Compensation for Growth

BAN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)4.64
EPS Next 2YN/A
EPS Next 3YN/A

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4

5. Dividend

5.1 Amount

BAN has a Yearly Dividend Yield of 2.01%. Purely for dividend investing, there may be better candidates out there.
BAN's Dividend Yield is a higher than the industry average which is at 5.08.
BAN's Dividend Yield is comparable with the S&P500 average which is at 2.33.
Industry RankSector Rank
Dividend Yield 2.01%

5.2 History

The dividend of BAN is nicely growing with an annual growth rate of 24.56%!
Dividend Growth(5Y)24.56%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

40.40% of the earnings are spent on dividend by BAN. This is a bit on the high side, but may be sustainable.
BAN's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP40.4%
EPS Next 2YN/A
EPS Next 3YN/A
BAN.MI Yearly Income VS Free CF VS DividendBAN.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 10M 20M 30M 40M
BAN.MI Dividend Payout.BAN.MI Dividend Payout, showing the Payout Ratio.BAN.MI Dividend Payout.PayoutRetained Earnings

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BASICNET SPA

BIT:BAN (3/7/2025, 7:00:00 PM)

7.32

-0.16 (-2.14%)

Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)03-07 2025-03-07
Earnings (Next)04-29 2025-04-29
Inst Owners18.4%
Inst Owner ChangeN/A
Ins Owners48.88%
Ins Owner ChangeN/A
Market Cap395.28M
Analysts84
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.01%
Yearly Dividend0.18
Dividend Growth(5Y)24.56%
DP40.4%
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)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 18.3
Fwd PE N/A
P/S 1.2
P/FCF 12.28
P/OCF 9.95
P/B 2.47
P/tB 8.71
EV/EBITDA 8.75
EPS(TTM)0.4
EY5.46%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.6
FCFY8.14%
OCF(TTM)0.74
OCFY10.05%
SpS6.1
BVpS2.96
TBVpS0.84
PEG (NY)N/A
PEG (5Y)4.64
Profitability
Industry RankSector Rank
ROA 4.25%
ROE 12.37%
ROCE 13.42%
ROIC 7.71%
ROICexc 8.19%
ROICexgc 12.97%
OM 10.71%
PM (TTM) 6%
GM 43.34%
FCFM 9.77%
ROA(3y)6.04%
ROA(5y)5.59%
ROE(3y)16.71%
ROE(5y)14.92%
ROIC(3y)9.48%
ROIC(5y)8.47%
ROICexc(3y)10.45%
ROICexc(5y)9.33%
ROICexgc(3y)16.9%
ROICexgc(5y)15.67%
ROCE(3y)15.58%
ROCE(5y)14.13%
ROICexcg growth 3Y25.03%
ROICexcg growth 5Y-4.19%
ROICexc growth 3Y35.23%
ROICexc growth 5Y-3.91%
OM growth 3Y34.76%
OM growth 5Y-6.68%
PM growth 3Y22.2%
PM growth 5Y-11.51%
GM growth 3Y2.53%
GM growth 5Y1.19%
F-Score6
Asset Turnover0.71
Health
Industry RankSector Rank
Debt/Equity 0.9
Debt/FCF 4.85
Debt/EBITDA 2.71
Cap/Depr 42.1%
Cap/Sales 2.29%
Interest Coverage 250
Cash Conversion 74.67%
Profit Quality 162.79%
Current Ratio 1.2
Quick Ratio 0.59
Altman-Z 2.28
F-Score6
WACC7%
ROIC/WACC1.1
Cap/Depr(3y)32.57%
Cap/Depr(5y)35.22%
Cap/Sales(3y)1.65%
Cap/Sales(5y)1.8%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-25.01%
EPS 3Y44.29%
EPS 5Y3.94%
EPS Q2Q%-61.58%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-0.84%
Revenue growth 3Y15.9%
Revenue growth 5Y16.42%
Sales Q2Q%-2.2%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-21.9%
EBIT growth 3Y56.18%
EBIT growth 5Y8.63%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y10.08%
FCF growth 3Y-0.11%
FCF growth 5Y13.21%
OCF growth 1Y-1.64%
OCF growth 3Y-0.05%
OCF growth 5Y12.56%