BIESSE SPA (BSS.MI) Stock Fundamental Analysis
BIT:BSS - Euronext Milan - IT0003097257 - Common Stock - Currency: EUR
BSS gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 105 industry peers in the Machinery industry. While BSS is still in line with the averages on profitability rating, there are concerns on its financial health. BSS does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year BSS has reported negative net income.
In the past year BSS had a positive cash flow from operations.
BSS had positive earnings in each of the past 5 years.
BSS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
BSS has a Return On Assets (1.62%) which is comparable to the rest of the industry.
BSS has a Return On Equity of 4.73%. This is comparable to the rest of the industry: BSS outperforms 44.23% of its industry peers.
The Return On Invested Capital of BSS (4.92%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for BSS is in line with the industry average of 8.45%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.62% | ||
| ROE | 4.73% | ||
| ROIC | 4.92% |
ROA(3y)3.6%
ROA(5y)2.65%
ROE(3y)10.03%
ROE(5y)7.45%
ROIC(3y)7.84%
ROIC(5y)6.58%
1.3 Margins
BSS has a Profit Margin (1.59%) which is in line with its industry peers.
In the last couple of years the Profit Margin of BSS has declined.
Looking at the Operating Margin, with a value of 3.09%, BSS is doing worse than 68.27% of the companies in the same industry.
In the last couple of years the Operating Margin of BSS has declined.
Looking at the Gross Margin, with a value of 58.13%, BSS belongs to the top of the industry, outperforming 85.58% of the companies in the same industry.
In the last couple of years the Gross Margin of BSS has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.09% | ||
| PM (TTM) | 1.59% | ||
| GM | 58.13% |
OM growth 3Y9.38%
OM growth 5Y-18.56%
PM growth 3Y53.78%
PM growth 5Y-23.04%
GM growth 3Y0.29%
GM growth 5Y-0.68%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BSS is creating some value.
BSS has about the same amout of shares outstanding than it did 1 year ago.
BSS has about the same amout of shares outstanding than it did 5 years ago.
Compared to 1 year ago, BSS has a worse debt to assets ratio.
2.2 Solvency
BSS has an Altman-Z score of 1.84. This is not the best score and indicates that BSS is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 1.84, BSS is in line with its industry, outperforming 50.96% of the companies in the same industry.
The Debt to FCF ratio of BSS is 321.49, which is on the high side as it means it would take BSS, 321.49 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 321.49, BSS is not doing good in the industry: 67.31% of the companies in the same industry are doing better.
BSS has a Debt/Equity ratio of 0.14. This is a healthy value indicating a solid balance between debt and equity.
BSS has a better Debt to Equity ratio (0.14) than 82.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 321.49 | ||
| Altman-Z | 1.84 |
ROIC/WACC0.63
WACC7.81%
2.3 Liquidity
A Current Ratio of 1.06 indicates that BSS should not have too much problems paying its short term obligations.
BSS has a Current ratio of 1.06. This is in the lower half of the industry: BSS underperforms 78.85% of its industry peers.
BSS has a Quick Ratio of 1.06. This is a bad value and indicates that BSS is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of BSS (0.57) is worse than 84.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
The earnings per share for BSS have decreased strongly by -58.73% in the last year.
Measured over the past years, BSS shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -22.16% on average per year.
BSS shows a decrease in Revenue. In the last year, the revenue decreased by -4.55%.
The Revenue has been growing slightly by 1.15% on average over the past years.
EPS 1Y (TTM)-58.73%
EPS 3Y70.19%
EPS 5Y-22.16%
EPS Q2Q%N/A
Revenue 1Y (TTM)-4.55%
Revenue growth 3Y10.69%
Revenue growth 5Y1.15%
Sales Q2Q%N/A
3.2 Future
BSS is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -5.95% yearly.
Based on estimates for the next years, BSS will show a small growth in Revenue. The Revenue will grow by 2.16% on average per year.
EPS Next Y-66.02%
EPS Next 2Y-29.84%
EPS Next 3Y-5.95%
EPS Next 5YN/A
Revenue Next Year-3.37%
Revenue Next 2Y-1.91%
Revenue Next 3Y2.16%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for BSS. In the last year negative earnings were reported.
BSS is valuated rather expensively with a Price/Forward Earnings ratio of 20.10.
BSS's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.10. BSS is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 20.1 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BSS indicates a rather cheap valuation: BSS is cheaper than 86.54% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, BSS is valued a bit more expensive than 68.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 689.04 | ||
| EV/EBITDA | 4.16 |
4.3 Compensation for Growth
BSS's earnings are expected to decrease with -5.95% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-29.84%
EPS Next 3Y-5.95%
5. Dividend
5.1 Amount
BSS has a Yearly Dividend Yield of 1.64%.
BSS's Dividend Yield is a higher than the industry average which is at 3.07.
BSS's Dividend Yield is slightly below the S&P500 average, which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.64% |
5.2 History
The dividend of BSS decreases each year by -1.65%.
Dividend Growth(5Y)-1.65%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
31.12% of the earnings are spent on dividend by BSS. This is a low number and sustainable payout ratio.
BSS's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP31.12%
EPS Next 2Y-29.84%
EPS Next 3Y-5.95%
BIT:BSS (3/7/2025, 7:00:00 PM)
8.525
+0.01 (+0.06%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners19.93%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap233.59M
Analysts83.33
Price Target11.53 (35.25%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.64% |
Yearly Dividend0.33
Dividend Growth(5Y)-1.65%
DP31.12%
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)-23.68%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 20.1 | ||
| P/S | 0.3 | ||
| P/FCF | 689.04 | ||
| P/OCF | 15.8 | ||
| P/B | 0.88 | ||
| P/tB | 1.78 | ||
| EV/EBITDA | 4.16 |
EPS(TTM)-0.06
EYN/A
EPS(NY)0.42
Fwd EY4.98%
FCF(TTM)0.01
FCFY0.15%
OCF(TTM)0.54
OCFY6.33%
SpS28.65
BVpS9.64
TBVpS4.8
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.62% | ||
| ROE | 4.73% | ||
| ROCE | 7.36% | ||
| ROIC | 4.92% | ||
| ROICexc | 7.13% | ||
| ROICexgc | 17.13% | ||
| OM | 3.09% | ||
| PM (TTM) | 1.59% | ||
| GM | 58.13% | ||
| FCFM | 0.04% |
ROA(3y)3.6%
ROA(5y)2.65%
ROE(3y)10.03%
ROE(5y)7.45%
ROIC(3y)7.84%
ROIC(5y)6.58%
ROICexc(3y)18.3%
ROICexc(5y)13.93%
ROICexgc(3y)94.18%
ROICexgc(5y)61.23%
ROCE(3y)11.77%
ROCE(5y)10.35%
ROICexcg growth 3Y31.59%
ROICexcg growth 5Y-8.88%
ROICexc growth 3Y23.9%
ROICexc growth 5Y-12.96%
OM growth 3Y9.38%
OM growth 5Y-18.56%
PM growth 3Y53.78%
PM growth 5Y-23.04%
GM growth 3Y0.29%
GM growth 5Y-0.68%
F-Score3
Asset Turnover1.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 321.49 | ||
| Debt/EBITDA | 0.64 | ||
| Cap/Depr | 43.12% | ||
| Cap/Sales | 1.84% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 25.61% | ||
| Profit Quality | 2.72% | ||
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.57 | ||
| Altman-Z | 1.84 |
F-Score3
WACC7.81%
ROIC/WACC0.63
Cap/Depr(3y)56.89%
Cap/Depr(5y)62.88%
Cap/Sales(3y)2.32%
Cap/Sales(5y)2.84%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-58.73%
EPS 3Y70.19%
EPS 5Y-22.16%
EPS Q2Q%N/A
EPS Next Y-66.02%
EPS Next 2Y-29.84%
EPS Next 3Y-5.95%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.55%
Revenue growth 3Y10.69%
Revenue growth 5Y1.15%
Sales Q2Q%N/A
Revenue Next Year-3.37%
Revenue Next 2Y-1.91%
Revenue Next 3Y2.16%
Revenue Next 5YN/A
EBIT growth 1Y-51.06%
EBIT growth 3Y21.08%
EBIT growth 5Y-17.63%
EBIT Next Year104.93%
EBIT Next 3Y35.1%
EBIT Next 5YN/A
FCF growth 1Y-98.98%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-67.95%
OCF growth 3Y-43.23%
OCF growth 5Y-21.39%