BANCA SISTEMA SPA (BST.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:BST - IT0003173629 - Common Stock
1.669 EUR
-0.01 (-0.77%)
Overall BST gets a fundamental rating of 5 out of 10. We evaluated BST against 102 industry peers in the Banks industry. BST has a medium profitability rating, but doesn't score so well on its financial health evaluation. BST is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
BST had positive earnings in the past year.
BST had a negative operating cash flow in the past year.
In the past 5 years BST has always been profitable.
In multiple years BST reported negative operating cash flow during the last 5 years.
1.2 Ratios
BST has a Return On Assets (0.77%) which is comparable to the rest of the industry.
BST has a Return On Equity (10.61%) which is in line with its industry peers.
The Return On Invested Capital of BST (0.83%) is better than 99.02% of its industry peers.
BST had an Average Return On Invested Capital over the past 3 years of 0.48%. This is below the industry average of 3.68%.
The last Return On Invested Capital (0.83%) for BST is above the 3 year average (0.48%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.77% | ||
| ROE | 10.61% | ||
| ROIC | 0.83% |
ROA(3y)0.47%
ROA(5y)0.55%
ROE(3y)7.85%
ROE(5y)9.17%
ROIC(3y)0.48%
ROIC(5y)0.55%
1.3 Margins
The Profit Margin of BST (22.05%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of BST has declined.
BST has a better Operating Margin (36.10%) than 99.02% of its industry peers.
BST's Operating Margin has declined in the last couple of years.
BST has a better Gross Margin (88.82%) than 99.02% of its industry peers.
BST's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.1% | ||
| PM (TTM) | 22.05% | ||
| GM | 88.82% |
OM growth 3Y0.62%
OM growth 5Y-5.25%
PM growth 3Y-3.25%
PM growth 5Y-8.39%
GM growth 3Y-2.09%
GM growth 5Y-1.78%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BST is destroying value.
BST has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, BST has about the same amount of shares outstanding.
The debt/assets ratio for BST has been reduced compared to a year ago.
2.2 Solvency
BST has an Altman-Z score of -0.79. This is a bad value and indicates that BST is not financially healthy and even has some risk of bankruptcy.
BST's Altman-Z score of -0.79 is amongst the best of the industry. BST outperforms 99.02% of its industry peers.
A Debt/Equity ratio of 12.00 is on the high side and indicates that BST has dependencies on debt financing.
BST has a worse Debt to Equity ratio (12.00) than 92.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 12 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.79 |
ROIC/WACC0.23
WACC3.63%
2.3 Liquidity
BST has a Current Ratio of 0.05. This is a bad value and indicates that BST is not financially healthy enough and could expect problems in meeting its short term obligations.
BST's Current ratio of 0.05 is amongst the best of the industry. BST outperforms 99.02% of its industry peers.
BST has a Quick Ratio of 0.05. This is a bad value and indicates that BST is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of BST (0.05) is better than 99.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 |
3. Growth
3.1 Past
BST shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 125.20%, which is quite impressive.
Measured over the past years, BST shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.89% on average per year.
The Revenue has grown by 18.18% in the past year. This is quite good.
The Revenue has been growing slightly by 5.61% on average over the past years.
EPS 1Y (TTM)125.2%
EPS 3Y2.71%
EPS 5Y-2.89%
EPS Q2Q%64.16%
Revenue 1Y (TTM)18.18%
Revenue growth 3Y6.16%
Revenue growth 5Y5.61%
Sales Q2Q%-7.92%
3.2 Future
Based on estimates for the next years, BST will show a very strong growth in Earnings Per Share. The EPS will grow by 20.98% on average per year.
BST is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.16% yearly.
EPS Next Y77.52%
EPS Next 2Y23.61%
EPS Next 3Y20.98%
EPS Next 5YN/A
Revenue Next Year45.41%
Revenue Next 2Y8.98%
Revenue Next 3Y6.16%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 3.97, the valuation of BST can be described as very cheap.
99.02% of the companies in the same industry are more expensive than BST, based on the Price/Earnings ratio.
BST is valuated cheaply when we compare the Price/Earnings ratio to 26.84, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 4.89, the valuation of BST can be described as very cheap.
Based on the Price/Forward Earnings ratio, BST is valued cheaper than 99.02% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.40, BST is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.97 | ||
| Fwd PE | 4.89 |
4.2 Price Multiples
BST's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. BST is cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 2.45 |
4.3 Compensation for Growth
BST's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as BST's earnings are expected to grow with 20.98% in the coming years.
PEG (NY)0.05
PEG (5Y)N/A
EPS Next 2Y23.61%
EPS Next 3Y20.98%
5. Dividend
5.1 Amount
BST has a Yearly Dividend Yield of 5.54%, which is a nice return.
Compared to an average industry Dividend Yield of 4.31, BST pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.00, BST pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.54% |
5.2 History
The dividend of BST decreases each year by -5.71%.
Dividend Growth(5Y)-5.71%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
BST pays out 15.44% of its income as dividend. This is a sustainable payout ratio.
DP15.44%
EPS Next 2Y23.61%
EPS Next 3Y20.98%
BIT:BST (12/29/2025, 5:29:46 PM)
1.669
-0.01 (-0.77%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners13.26%
Inst Owner ChangeN/A
Ins Owners23.61%
Ins Owner ChangeN/A
Market Cap134.22M
Revenue(TTM)153.38M
Net Income(TTM)33.83M
Analysts80
Price Target1.99 (19.23%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.54% |
Yearly Dividend0.07
Dividend Growth(5Y)-5.71%
DP15.44%
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)1.56%
PT rev (3m)1.56%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)19.25%
EPS NY rev (3m)19.25%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)27.39%
Revenue NY rev (3m)27.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.97 | ||
| Fwd PE | 4.89 | ||
| P/S | 0.88 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.42 | ||
| P/tB | 0.5 | ||
| EV/EBITDA | 2.45 |
EPS(TTM)0.42
EY25.16%
EPS(NY)0.34
Fwd EY20.43%
FCF(TTM)-1.28
FCFYN/A
OCF(TTM)-1.2
OCFYN/A
SpS1.91
BVpS3.96
TBVpS3.37
PEG (NY)0.05
PEG (5Y)N/A
Graham Number6.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.77% | ||
| ROE | 10.61% | ||
| ROCE | 7.86% | ||
| ROIC | 0.83% | ||
| ROICexc | 0.86% | ||
| ROICexgc | 0.96% | ||
| OM | 36.1% | ||
| PM (TTM) | 22.05% | ||
| GM | 88.82% | ||
| FCFM | N/A |
ROA(3y)0.47%
ROA(5y)0.55%
ROE(3y)7.85%
ROE(5y)9.17%
ROIC(3y)0.48%
ROIC(5y)0.55%
ROICexc(3y)0.5%
ROICexc(5y)0.57%
ROICexgc(3y)0.54%
ROICexgc(5y)0.59%
ROCE(3y)4.74%
ROCE(5y)5.2%
ROICexgc growth 3Y1.01%
ROICexgc growth 5Y-2.17%
ROICexc growth 3Y-2.27%
ROICexc growth 5Y-4.36%
OM growth 3Y0.62%
OM growth 5Y-5.25%
PM growth 3Y-3.25%
PM growth 5Y-8.39%
GM growth 3Y-2.09%
GM growth 5Y-1.78%
F-Score4
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 12 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 64.6 | ||
| Cap/Depr | 155.03% | ||
| Cap/Sales | 3.89% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.05 | ||
| Quick Ratio | 0.05 | ||
| Altman-Z | -0.79 |
F-Score4
WACC3.63%
ROIC/WACC0.23
Cap/Depr(3y)105.28%
Cap/Depr(5y)497.24%
Cap/Sales(3y)2.58%
Cap/Sales(5y)9.76%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)125.2%
EPS 3Y2.71%
EPS 5Y-2.89%
EPS Q2Q%64.16%
EPS Next Y77.52%
EPS Next 2Y23.61%
EPS Next 3Y20.98%
EPS Next 5YN/A
Revenue 1Y (TTM)18.18%
Revenue growth 3Y6.16%
Revenue growth 5Y5.61%
Sales Q2Q%-7.92%
Revenue Next Year45.41%
Revenue Next 2Y8.98%
Revenue Next 3Y6.16%
Revenue Next 5YN/A
EBIT growth 1Y124.5%
EBIT growth 3Y6.82%
EBIT growth 5Y0.07%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-195.56%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-187.39%
OCF growth 3YN/A
OCF growth 5YN/A
BANCA SISTEMA SPA / BST.MI FAQ
What is the ChartMill fundamental rating of BANCA SISTEMA SPA (BST.MI) stock?
ChartMill assigns a fundamental rating of 5 / 10 to BST.MI.
Can you provide the valuation status for BANCA SISTEMA SPA?
ChartMill assigns a valuation rating of 7 / 10 to BANCA SISTEMA SPA (BST.MI). This can be considered as Undervalued.
Can you provide the profitability details for BANCA SISTEMA SPA?
BANCA SISTEMA SPA (BST.MI) has a profitability rating of 5 / 10.
What are the PE and PB ratios of BANCA SISTEMA SPA (BST.MI) stock?
The Price/Earnings (PE) ratio for BANCA SISTEMA SPA (BST.MI) is 3.97 and the Price/Book (PB) ratio is 0.42.
What is the expected EPS growth for BANCA SISTEMA SPA (BST.MI) stock?
The Earnings per Share (EPS) of BANCA SISTEMA SPA (BST.MI) is expected to grow by 77.52% in the next year.