EMAK SPA (EM.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:EM - IT0001237053 - Common Stock
0.926 EUR
+0.01 (+0.76%)
We assign a fundamental rating of 6 out of 10 to EM. EM was compared to 35 industry peers in the Household Durables industry. EM has only an average score on both its financial health and profitability. EM scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings could make EM a good candidate for value investing.
1. Profitability
1.1 Basic Checks
In the past year EM was profitable.
In the past year EM had a positive cash flow from operations.
EM had positive earnings in each of the past 5 years.
In the past 5 years EM always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.03%, EM is in the better half of the industry, outperforming 74.29% of the companies in the same industry.
EM's Return On Equity of 7.77% is fine compared to the rest of the industry. EM outperforms 68.57% of its industry peers.
EM has a better Return On Invested Capital (8.07%) than 74.29% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for EM is below the industry average of 9.98%.
The 3 year average ROIC (5.51%) for EM is below the current ROIC(8.07%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.03% | ||
| ROE | 7.77% | ||
| ROIC | 8.07% |
ROA(3y)2.68%
ROA(5y)3.25%
ROE(3y)6.67%
ROE(5y)8.32%
ROIC(3y)5.51%
ROIC(5y)6.18%
1.3 Margins
EM's Profit Margin of 2.31% is in line compared to the rest of the industry. EM outperforms 60.00% of its industry peers.
EM's Profit Margin has declined in the last couple of years.
EM has a Operating Margin of 6.26%. This is comparable to the rest of the industry: EM outperforms 60.00% of its industry peers.
In the last couple of years the Operating Margin of EM has declined.
EM has a Gross Margin of 48.73%. This is in the better half of the industry: EM outperforms 65.71% of its industry peers.
EM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.26% | ||
| PM (TTM) | 2.31% | ||
| GM | 48.73% |
OM growth 3Y-19.36%
OM growth 5Y-3.12%
PM growth 3Y-44.28%
PM growth 5Y-20.36%
GM growth 3Y0.43%
GM growth 5Y0.61%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), EM is creating some value.
EM has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, EM has less shares outstanding
The debt/assets ratio for EM has remained at the same level 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.
EM has a better Altman-Z score (2.64) than 68.57% of its industry peers.
EM has a debt to FCF ratio of 102.66. This is a negative value and a sign of low solvency as EM would need 102.66 years to pay back of all of its debts.
EM has a Debt to FCF ratio (102.66) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.75 indicates that EM is somewhat dependend on debt financing.
EM has a worse Debt to Equity ratio (0.75) than 62.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 102.66 | ||
| Altman-Z | 2.64 |
ROIC/WACC1.35
WACC5.98%
2.3 Liquidity
A Current Ratio of 2.28 indicates that EM has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.28, EM is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
A Quick Ratio of 1.19 indicates that EM should not have too much problems paying its short term obligations.
EM has a better Quick ratio (1.19) than 74.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.28 | ||
| Quick Ratio | 1.19 |
3. Growth
3.1 Past
EM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.98%, which is quite good.
EM shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -14.92% yearly.
The Revenue has grown by 8.92% in the past year. This is quite good.
EM shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.76% yearly.
EPS 1Y (TTM)11.98%
EPS 3Y-43.79%
EPS 5Y-14.92%
EPS Q2Q%40.84%
Revenue 1Y (TTM)8.92%
Revenue growth 3Y0.77%
Revenue growth 5Y6.76%
Sales Q2Q%6.94%
3.2 Future
The Earnings Per Share is expected to grow by 31.45% on average over the next years. This is a very strong growth
Based on estimates for the next years, EM will show a small growth in Revenue. The Revenue will grow by 3.78% on average per year.
EPS Next Y30%
EPS Next 2Y35.75%
EPS Next 3Y31.45%
EPS Next 5YN/A
Revenue Next Year4.33%
Revenue Next 2Y4.16%
Revenue Next 3Y3.78%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 7.12 indicates a rather cheap valuation of EM.
Based on the Price/Earnings ratio, EM is valued cheaply inside the industry as 97.14% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 25.98. EM is valued rather cheaply when compared to this.
EM is valuated cheaply with a Price/Forward Earnings ratio of 6.97.
Compared to the rest of the industry, the Price/Forward Earnings ratio of EM indicates a rather cheap valuation: EM is cheaper than 82.86% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 35.79. EM is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.12 | ||
| Fwd PE | 6.97 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, EM is valued cheaply inside the industry as 94.29% of the companies are valued more expensively.
EM's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 53.77 | ||
| EV/EBITDA | 3.99 |
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.
A more expensive valuation may be justified as EM's earnings are expected to grow with 31.45% in the coming years.
PEG (NY)0.24
PEG (5Y)N/A
EPS Next 2Y35.75%
EPS Next 3Y31.45%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.72%, EM has a reasonable but not impressive dividend return.
EM's Dividend Yield is a higher than the industry average which is at 5.13.
Compared to an average S&P500 Dividend Yield of 2.41, EM has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.72% |
5.2 History
The dividend of EM has a limited annual growth rate of 0.17%.
Dividend Growth(5Y)0.17%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
EM pays out 19.96% of its income as dividend. This is a sustainable payout ratio.
EM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP19.96%
EPS Next 2Y35.75%
EPS Next 3Y31.45%
BIT:EM (11/25/2025, 5:28:59 PM)
0.926
+0.01 (+0.76%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners5.54%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap151.80M
Revenue(TTM)947.07M
Net Income(TTM)21.90M
Analysts84.44
Price Target1.63 (76.03%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.72% |
Yearly Dividend0.05
Dividend Growth(5Y)0.17%
DP19.96%
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)10.34%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-3.19%
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 | 7.12 | ||
| Fwd PE | 6.97 | ||
| P/S | 0.16 | ||
| P/FCF | 53.77 | ||
| P/OCF | 6.16 | ||
| P/B | 0.54 | ||
| P/tB | 0.82 | ||
| EV/EBITDA | 3.99 |
EPS(TTM)0.13
EY14.04%
EPS(NY)0.13
Fwd EY14.35%
FCF(TTM)0.02
FCFY1.86%
OCF(TTM)0.15
OCFY16.23%
SpS5.78
BVpS1.72
TBVpS1.13
PEG (NY)0.24
PEG (5Y)N/A
Graham Number2.24
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.03% | ||
| ROE | 7.77% | ||
| ROCE | 11.59% | ||
| ROIC | 8.07% | ||
| ROICexc | 9.37% | ||
| ROICexgc | 11.95% | ||
| OM | 6.26% | ||
| PM (TTM) | 2.31% | ||
| GM | 48.73% | ||
| FCFM | 0.3% |
ROA(3y)2.68%
ROA(5y)3.25%
ROE(3y)6.67%
ROE(5y)8.32%
ROIC(3y)5.51%
ROIC(5y)6.18%
ROICexc(3y)6.58%
ROICexc(5y)7.59%
ROICexgc(3y)8.69%
ROICexgc(5y)10.3%
ROCE(3y)7.91%
ROCE(5y)8.86%
ROICexgc growth 3Y-25.8%
ROICexgc growth 5Y-4.07%
ROICexc growth 3Y-24.35%
ROICexc growth 5Y-3.05%
OM growth 3Y-19.36%
OM growth 5Y-3.12%
PM growth 3Y-44.28%
PM growth 5Y-20.36%
GM growth 3Y0.43%
GM growth 5Y0.61%
F-Score7
Asset Turnover1.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 102.66 | ||
| Debt/EBITDA | 2.3 | ||
| Cap/Depr | 67.67% | ||
| Cap/Sales | 2.3% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 26.92% | ||
| Profit Quality | 12.89% | ||
| Current Ratio | 2.28 | ||
| Quick Ratio | 1.19 | ||
| Altman-Z | 2.64 |
F-Score7
WACC5.98%
ROIC/WACC1.35
Cap/Depr(3y)75.55%
Cap/Depr(5y)71.77%
Cap/Sales(3y)3.86%
Cap/Sales(5y)3.5%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)11.98%
EPS 3Y-43.79%
EPS 5Y-14.92%
EPS Q2Q%40.84%
EPS Next Y30%
EPS Next 2Y35.75%
EPS Next 3Y31.45%
EPS Next 5YN/A
Revenue 1Y (TTM)8.92%
Revenue growth 3Y0.77%
Revenue growth 5Y6.76%
Sales Q2Q%6.94%
Revenue Next Year4.33%
Revenue Next 2Y4.16%
Revenue Next 3Y3.78%
Revenue Next 5YN/A
EBIT growth 1Y26.63%
EBIT growth 3Y-18.74%
EBIT growth 5Y3.43%
EBIT Next Year122.58%
EBIT Next 3Y37.16%
EBIT Next 5YN/A
FCF growth 1Y-92.03%
FCF growth 3Y-12.04%
FCF growth 5Y-13.15%
OCF growth 1Y-58.35%
OCF growth 3Y3.36%
OCF growth 5Y-1.36%
EMAK SPA / EM.MI FAQ
Can you provide the ChartMill fundamental rating for EMAK SPA?
ChartMill assigns a fundamental rating of 6 / 10 to EM.MI.
What is the valuation status of EMAK SPA (EM.MI) stock?
ChartMill assigns a valuation rating of 9 / 10 to EMAK SPA (EM.MI). This can be considered as Undervalued.
Can you provide the profitability details for EMAK SPA?
EMAK SPA (EM.MI) has a profitability rating of 6 / 10.
What is the valuation of EMAK SPA based on its PE and PB ratios?
The Price/Earnings (PE) ratio for EMAK SPA (EM.MI) is 7.12 and the Price/Book (PB) ratio is 0.54.
Can you provide the expected EPS growth for EM stock?
The Earnings per Share (EPS) of EMAK SPA (EM.MI) is expected to grow by 30% in the next year.