EMAK SPA (EM.MI) Fundamental Analysis & Valuation
BIT:EM • IT0001237053
Current stock price
0.903 EUR
-0.01 (-0.77%)
Last:
This EM.MI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. EM.MI Profitability Analysis
1.1 Basic Checks
- In the past year EM was profitable.
- EM had a positive operating cash flow in the past year.
- In the past 5 years EM has always been profitable.
- In the past 5 years EM always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of EM (3.72%) is better than 74.29% of its industry peers.
- EM has a Return On Equity of 9.30%. This is in the better half of the industry: EM outperforms 74.29% of its industry peers.
- With a decent Return On Invested Capital value of 7.86%, EM is doing good in the industry, outperforming 74.29% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for EM is below the industry average of 9.43%.
- The last Return On Invested Capital (7.86%) for EM is above the 3 year average (4.52%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.72% | ||
| ROE | 9.3% | ||
| ROIC | 7.86% |
ROA(3y)1.84%
ROA(5y)2.98%
ROE(3y)4.59%
ROE(5y)7.54%
ROIC(3y)4.52%
ROIC(5y)5.72%
1.3 Margins
- EM has a better Profit Margin (2.77%) than 62.86% of its industry peers.
- EM's Profit Margin has declined in the last couple of years.
- EM has a Operating Margin (6.04%) which is in line with its industry peers.
- EM's Operating Margin has declined in the last couple of years.
- EM has a Gross Margin of 49.09%. This is in the better half of the industry: EM outperforms 71.43% of its industry peers.
- EM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.04% | ||
| PM (TTM) | 2.77% | ||
| GM | 49.09% |
OM growth 3Y-12.39%
OM growth 5Y-4.66%
PM growth 3Y-23.86%
PM growth 5Y-11.7%
GM growth 3Y1.28%
GM growth 5Y0.84%
2. EM.MI Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), EM is creating some value.
- Compared to 1 year ago, EM has about the same amount of shares outstanding.
- The number of shares outstanding for EM has been reduced compared to 5 years ago.
- The debt/assets ratio for EM has been reduced compared to a year ago.
2.2 Solvency
- An Altman-Z score of 2.64 indicates that EM is not a great score, but indicates only limited risk for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 2.64, EM is in the better half of the industry, outperforming 68.57% of the companies in the same industry.
- The Debt to FCF ratio of EM is 11.15, which is on the high side as it means it would take EM, 11.15 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of EM (11.15) is comparable to the rest of the industry.
- A Debt/Equity ratio of 0.63 indicates that EM is somewhat dependend on debt financing.
- EM's Debt to Equity ratio of 0.63 is in line compared to the rest of the industry. EM outperforms 48.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 11.15 | ||
| Altman-Z | 2.64 |
ROIC/WACC1.52
WACC5.17%
2.3 Liquidity
- EM has a Current Ratio of 2.06. This indicates that EM is financially healthy and has no problem in meeting its short term obligations.
- The Current ratio of EM (2.06) is better than 77.14% of its industry peers.
- A Quick Ratio of 0.94 indicates that EM may have some problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 0.94, EM is in the better half of the industry, outperforming 62.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.06 | ||
| Quick Ratio | 0.94 |
3. EM.MI Growth Analysis
3.1 Past
- EM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 100.51%, which is quite impressive.
- Measured over the past years, EM shows a decrease in Earnings Per Share. The EPS has been decreasing by -6.79% on average per year.
- EM shows a small growth in Revenue. In the last year, the Revenue has grown by 3.27%.
- EM shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.45% yearly.
EPS 1Y (TTM)100.51%
EPS 3Y-23.47%
EPS 5Y-6.79%
EPS Q2Q%25%
Revenue 1Y (TTM)3.27%
Revenue growth 3Y0.37%
Revenue growth 5Y5.45%
Sales Q2Q%-5.22%
3.2 Future
- EM is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.78% yearly.
- Based on estimates for the next years, EM will show a small growth in Revenue. The Revenue will grow by 1.60% on average per year.
EPS Next Y45.98%
EPS Next 2Y32.61%
EPS Next 3Y23.78%
EPS Next 5YN/A
Revenue Next Year-0.16%
Revenue Next 2Y3.04%
Revenue Next 3Y1.6%
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 decreasing.
4. EM.MI Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 5.64, the valuation of EM can be described as very cheap.
- Compared to the rest of the industry, the Price/Earnings ratio of EM indicates a rather cheap valuation: EM is cheaper than 100.00% of the companies listed in the same industry.
- EM is valuated cheaply when we compare the Price/Earnings ratio to 27.95, which is the current average of the S&P500 Index.
- EM is valuated cheaply with a Price/Forward Earnings ratio of 6.90.
- Based on the Price/Forward Earnings ratio, EM is valued a bit cheaper than 80.00% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of EM to the average of the S&P500 Index (38.68), we can say EM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.64 | ||
| Fwd PE | 6.9 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, EM is valued cheaper than 88.57% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, EM is valued cheaply inside the industry as 91.43% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.2 | ||
| EV/EBITDA | 3.86 |
4.3 Compensation for Growth
- EM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- EM has a very decent profitability rating, which may justify a higher PE ratio.
- EM's earnings are expected to grow with 23.78% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.12
PEG (5Y)N/A
EPS Next 2Y32.61%
EPS Next 3Y23.78%
5. EM.MI Dividend Analysis
5.1 Amount
- EM has a Yearly Dividend Yield of 3.33%. Purely for dividend investing, there may be better candidates out there.
- EM's Dividend Yield is a higher than the industry average which is at 2.92.
- EM's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.33% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 19.66% of the earnings are spent on dividend by EM. This is a low number and sustainable payout ratio.
DP19.66%
EPS Next 2Y32.61%
EPS Next 3Y23.78%
EM.MI Fundamentals: All Metrics, Ratios and Statistics
BIT:EM (4/20/2026, 5:22:01 PM)
0.903
-0.01 (-0.77%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)03-12 2026-03-12
Earnings (Next)05-05 2026-05-05
Inst Owners4.65%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap148.03M
Revenue(TTM)930.33M
Net Income(TTM)25.80M
Analysts84.44
Price Target1.63 (80.51%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.33% |
Yearly Dividend0.03
Dividend Growth(5Y)N/A
DP19.66%
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)0.79%
EPS NY rev (3m)0.79%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-3.15%
Revenue NY rev (3m)-3.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.64 | ||
| Fwd PE | 6.9 | ||
| P/S | 0.16 | ||
| P/FCF | 6.2 | ||
| P/OCF | 3.41 | ||
| P/B | 0.53 | ||
| P/tB | 0.81 | ||
| EV/EBITDA | 3.86 |
EPS(TTM)0.16
EY17.72%
EPS(NY)0.13
Fwd EY14.49%
FCF(TTM)0.15
FCFY16.13%
OCF(TTM)0.27
OCFY29.36%
SpS5.68
BVpS1.69
TBVpS1.11
PEG (NY)0.12
PEG (5Y)N/A
Graham Number2.46849 (173.37%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.72% | ||
| ROE | 9.3% | ||
| ROCE | 11.86% | ||
| ROIC | 7.86% | ||
| ROICexc | 9.24% | ||
| ROICexgc | 12.09% | ||
| OM | 6.04% | ||
| PM (TTM) | 2.77% | ||
| GM | 49.09% | ||
| FCFM | 2.57% |
ROA(3y)1.84%
ROA(5y)2.98%
ROE(3y)4.59%
ROE(5y)7.54%
ROIC(3y)4.52%
ROIC(5y)5.72%
ROICexc(3y)5.31%
ROICexc(5y)6.87%
ROICexgc(3y)7%
ROICexgc(5y)9.17%
ROCE(3y)6.84%
ROCE(5y)8.66%
ROICexgc growth 3Y-12.87%
ROICexgc growth 5Y-6.54%
ROICexc growth 3Y-12.63%
ROICexc growth 5Y-4.96%
OM growth 3Y-12.39%
OM growth 5Y-4.66%
PM growth 3Y-23.86%
PM growth 5Y-11.7%
GM growth 3Y1.28%
GM growth 5Y0.84%
F-Score7
Asset Turnover1.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 11.15 | ||
| Debt/EBITDA | 1.98 | ||
| Cap/Depr | 60.45% | ||
| Cap/Sales | 2.11% | ||
| Interest Coverage | 5.61 | ||
| Cash Conversion | 49.06% | ||
| Profit Quality | 92.56% | ||
| Current Ratio | 2.06 | ||
| Quick Ratio | 0.94 | ||
| Altman-Z | 2.64 |
F-Score7
WACC5.17%
ROIC/WACC1.52
Cap/Depr(3y)71.43%
Cap/Depr(5y)71.4%
Cap/Sales(3y)3.75%
Cap/Sales(5y)3.53%
Profit Quality(3y)168.14%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)100.51%
EPS 3Y-23.47%
EPS 5Y-6.79%
EPS Q2Q%25%
EPS Next Y45.98%
EPS Next 2Y32.61%
EPS Next 3Y23.78%
EPS Next 5YN/A
Revenue 1Y (TTM)3.27%
Revenue growth 3Y0.37%
Revenue growth 5Y5.45%
Sales Q2Q%-5.22%
Revenue Next Year-0.16%
Revenue Next 2Y3.04%
Revenue Next 3Y1.6%
Revenue Next 5YN/A
EBIT growth 1Y20.47%
EBIT growth 3Y-12.07%
EBIT growth 5Y0.53%
EBIT Next Year114.71%
EBIT Next 3Y32.45%
EBIT Next 5YN/A
FCF growth 1Y180.36%
FCF growth 3YN/A
FCF growth 5Y-3.68%
OCF growth 1Y33.15%
OCF growth 3Y47.05%
OCF growth 5Y0.24%
EMAK SPA / EM.MI Fundamental Analysis FAQ
Can you provide the ChartMill fundamental rating for EMAK SPA?
ChartMill assigns a fundamental rating of 6 / 10 to EM.MI.
Can you provide the valuation status for EMAK SPA?
ChartMill assigns a valuation rating of 9 / 10 to EMAK SPA (EM.MI). This can be considered as Undervalued.
What is the profitability of EM stock?
EMAK SPA (EM.MI) has a profitability rating of 6 / 10.
Can you provide the financial health for EM stock?
The financial health rating of EMAK SPA (EM.MI) is 5 / 10.
What is the earnings growth outlook for EMAK SPA?
The Earnings per Share (EPS) of EMAK SPA (EM.MI) is expected to grow by 45.98% in the next year.