EMAK SPA (EM.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:EM - IT0001237053 - Common Stock
0.925 EUR
-0.01 (-0.54%)
Overall EM gets a fundamental rating of 6 out of 10. We evaluated EM against 32 industry peers in the Household Durables industry. While EM belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on EM. This makes EM very considerable 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
With an excellent Return On Assets value of 3.03%, EM belongs to the best of the industry, outperforming 81.25% of the companies in the same industry.
With a decent Return On Equity value of 7.77%, EM is doing good in the industry, outperforming 75.00% of the companies in the same industry.
EM has a better Return On Invested Capital (8.07%) than 81.25% of its industry peers.
EM had an Average Return On Invested Capital over the past 3 years of 5.51%. This is below the industry average of 8.34%.
The last Return On Invested Capital (8.07%) for EM is above the 3 year average (5.51%), which is a sign of increasing profitability.
| 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
The Profit Margin of EM (2.31%) is better than 68.75% of its industry peers.
EM's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 6.26%, EM is in the better half of the industry, outperforming 65.63% of the companies in the same industry.
EM's Operating Margin has declined in the last couple of years.
EM's Gross Margin of 48.73% is fine compared to the rest of the industry. EM outperforms 65.63% 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so EM is still creating some value.
The number of shares outstanding for EM remains at a similar level compared to 1 year ago.
Compared to 5 years ago, EM has less shares outstanding
Compared to 1 year ago, EM has about the same debt to assets ratio.
2.2 Solvency
EM has an Altman-Z score of 2.64. This is not the best score and indicates that EM is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of EM (2.64) is better than 75.00% of its industry peers.
The Debt to FCF ratio of EM is 102.66, which is on the high side as it means it would take EM, 102.66 years of fcf income to pay off all of its debts.
EM's Debt to FCF ratio of 102.66 is in line compared to the rest of the industry. EM outperforms 43.75% of its industry peers.
A Debt/Equity ratio of 0.75 indicates that EM is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.75, EM is doing worse than 62.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 102.66 | ||
| Altman-Z | 2.64 |
ROIC/WACC1.36
WACC5.94%
2.3 Liquidity
A Current Ratio of 2.28 indicates that EM has no problem at all paying its short term obligations.
EM's Current ratio of 2.28 is fine compared to the rest of the industry. EM outperforms 78.13% of its industry peers.
EM has a Quick Ratio of 1.19. This is a normal value and indicates that EM is financially healthy and should not expect problems in meeting its short term obligations.
EM's Quick ratio of 1.19 is amongst the best of the industry. EM outperforms 81.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.28 | ||
| Quick Ratio | 1.19 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 11.98% over the past year.
Measured over the past years, EM shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -14.92% on average per year.
EM shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.92%.
Measured over the past years, EM shows a small growth in Revenue. The Revenue has been growing by 6.76% on average per year.
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 29.78% 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 2.91% on average per year.
EPS Next Y24.29%
EPS Next 2Y34.16%
EPS Next 3Y29.78%
EPS Next 5YN/A
Revenue Next Year2.67%
Revenue Next 2Y2.88%
Revenue Next 3Y2.91%
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.
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. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 7.12 indicates a rather cheap valuation of EM.
Compared to the rest of the industry, the Price/Earnings ratio of EM indicates a rather cheap valuation: EM is cheaper than 96.88% of the companies listed in the same industry.
EM's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.60.
A Price/Forward Earnings ratio of 7.13 indicates a rather cheap valuation of EM.
81.25% of the companies in the same industry are more expensive than EM, based on the Price/Forward Earnings ratio.
EM is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.23, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.12 | ||
| Fwd PE | 7.13 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of EM indicates a rather cheap valuation: EM is cheaper than 90.63% of the companies listed in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as EM.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 53.71 | ||
| EV/EBITDA | 4.01 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of EM may justify a higher PE ratio.
A more expensive valuation may be justified as EM's earnings are expected to grow with 29.78% in the coming years.
PEG (NY)0.29
PEG (5Y)N/A
EPS Next 2Y34.16%
EPS Next 3Y29.78%
5. Dividend
5.1 Amount
EM has a Yearly Dividend Yield of 2.71%.
EM's Dividend Yield is a higher than the industry average which is at 2.58.
Compared to an average S&P500 Dividend Yield of 2.00, EM pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.71% |
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
19.96% of the earnings are spent on dividend by EM. This is a low number and sustainable payout ratio.
The dividend of EM is growing, but earnings are growing more, so the dividend growth is sustainable.
DP19.96%
EPS Next 2Y34.16%
EPS Next 3Y29.78%
BIT:EM (1/2/2026, 4:33:10 PM)
0.925
-0.01 (-0.54%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners5.19%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap151.64M
Revenue(TTM)947.07M
Net Income(TTM)21.90M
Analysts84.44
Price Target1.63 (76.22%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.71% |
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)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-4.4%
EPS NY rev (3m)-4.4%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.6%
Revenue NY rev (3m)-1.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.12 | ||
| Fwd PE | 7.13 | ||
| P/S | 0.16 | ||
| P/FCF | 53.71 | ||
| P/OCF | 6.16 | ||
| P/B | 0.54 | ||
| P/tB | 0.82 | ||
| EV/EBITDA | 4.01 |
EPS(TTM)0.13
EY14.05%
EPS(NY)0.13
Fwd EY14.03%
FCF(TTM)0.02
FCFY1.86%
OCF(TTM)0.15
OCFY16.25%
SpS5.78
BVpS1.72
TBVpS1.13
PEG (NY)0.29
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
WACC5.94%
ROIC/WACC1.36
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 Y24.29%
EPS Next 2Y34.16%
EPS Next 3Y29.78%
EPS Next 5YN/A
Revenue 1Y (TTM)8.92%
Revenue growth 3Y0.77%
Revenue growth 5Y6.76%
Sales Q2Q%6.94%
Revenue Next Year2.67%
Revenue Next 2Y2.88%
Revenue Next 3Y2.91%
Revenue Next 5YN/A
EBIT growth 1Y26.63%
EBIT growth 3Y-18.74%
EBIT growth 5Y3.43%
EBIT Next Year116.13%
EBIT Next 3Y35.43%
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 for EM stock?
ChartMill assigns a valuation rating of 8 / 10 to EMAK SPA (EM.MI). This can be considered as Undervalued.
How profitable is EMAK SPA (EM.MI) stock?
EMAK SPA (EM.MI) has a profitability rating of 7 / 10.
What is the financial health of EMAK SPA (EM.MI) stock?
The financial health rating of EMAK SPA (EM.MI) is 5 / 10.
How sustainable is the dividend of EMAK SPA (EM.MI) stock?
The dividend rating of EMAK SPA (EM.MI) is 6 / 10 and the dividend payout ratio is 19.96%.