EMAK SPA (EM.MI) Stock Fundamental Analysis

BIT:EM • IT0001237053

0.905 EUR
-0.01 (-0.55%)
Last: Feb 27, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

6

Taking everything into account, EM scores 6 out of 10 in our fundamental rating. EM was compared to 30 industry peers in the Household Durables industry. EM has an average financial health and profitability rating. EM is valued quite cheap, while showing a decent growth score. This is a good combination! EM also has an excellent dividend rating. With these ratings, EM could be worth investigating further for value and dividend investing!.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • EM had positive earnings in the past year.
  • EM had a positive operating cash flow in the past year.
  • Each year in the past 5 years EM has been profitable.
  • Each year in the past 5 years EM had a positive operating cash flow.
EM.MI Yearly Net Income VS EBIT VS OCF VS FCFEM.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M 40M

1.2 Ratios

  • EM's Return On Assets of 3.03% is fine compared to the rest of the industry. EM outperforms 78.79% of its industry peers.
  • EM has a better Return On Equity (7.77%) than 72.73% of its industry peers.
  • The Return On Invested Capital of EM (8.07%) is better than 78.79% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for EM is below the industry average of 10.33%.
  • The 3 year average ROIC (5.51%) for EM is below the current ROIC(8.07%), indicating increased profibility in the last year.
Industry RankSector 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%
EM.MI Yearly ROA, ROE, ROICEM.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8 10

1.3 Margins

  • With a decent Profit Margin value of 2.31%, EM is doing good in the industry, outperforming 63.64% of the companies in the same industry.
  • EM's Profit Margin has declined in the last couple of years.
  • EM's Operating Margin of 6.26% is fine compared to the rest of the industry. EM outperforms 60.61% of its industry peers.
  • In the last couple of years the Operating Margin of EM has declined.
  • With a decent Gross Margin value of 48.73%, EM is doing good in the industry, outperforming 66.67% of the companies in the same industry.
  • In the last couple of years the Gross Margin of EM has remained more or less at the same level.
Industry RankSector 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%
EM.MI Yearly Profit, Operating, Gross MarginsEM.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. Health

2.1 Basic Checks

  • EM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it 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
  • Compared to 1 year ago, EM has about the same debt to assets ratio.
EM.MI Yearly Shares OutstandingEM.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
EM.MI Yearly Total Debt VS Total AssetsEM.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

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.
  • EM has a better Altman-Z score (2.64) than 72.73% 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 51.52% 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 63.64% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.75
Debt/FCF 102.66
Altman-Z 2.64
ROIC/WACC1.4
WACC5.78%
EM.MI Yearly LT Debt VS Equity VS FCFEM.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M 200M 250M

2.3 Liquidity

  • EM has a Current Ratio of 2.28. This indicates that EM is financially healthy and has no problem in meeting its short term obligations.
  • With a decent Current ratio value of 2.28, EM is doing good in the industry, outperforming 75.76% 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.
  • With a decent Quick ratio value of 1.19, EM is doing good in the industry, outperforming 78.79% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.28
Quick Ratio 1.19
EM.MI Yearly Current Assets VS Current LiabilitesEM.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

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.
  • Looking at the last year, EM shows a quite strong growth in Revenue. The Revenue has grown by 8.92% in the last year.
  • The Revenue has been growing slightly by 6.76% on average over the past years.
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
  • The Revenue is expected to grow by 2.91% on average over the next years.
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

  • 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.
EM.MI Yearly Revenue VS EstimatesEM.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M
EM.MI Yearly EPS VS EstimatesEM.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2020 2021 2022 2023 2024 2025 2026 2027 0.05 0.1 0.15 0.2

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Find the best growth stocksShow best growing peers

8

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 6.96, which indicates a rather cheap valuation of EM.
  • 93.94% of the companies in the same industry are more expensive than EM, based on the Price/Earnings ratio.
  • EM is valuated cheaply when we compare the Price/Earnings ratio to 27.07, which is the current average of the S&P500 Index.
  • EM is valuated cheaply with a Price/Forward Earnings ratio of 6.97.
  • Based on the Price/Forward Earnings ratio, EM is valued cheaper than 84.85% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.05, EM is valued rather cheaply.
Industry RankSector Rank
PE 6.96
Fwd PE 6.97
EM.MI Price Earnings VS Forward Price EarningsEM.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

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 87.88% of the companies listed in the same industry.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as EM.
Industry RankSector Rank
P/FCF 52.55
EV/EBITDA 3.97
EM.MI Per share dataEM.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 1 2 3 4 5

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.
  • 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%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 2.75%, EM has a reasonable but not impressive dividend return.
  • Compared to an average industry Dividend Yield of 2.52, EM pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.82, EM pays a better dividend.
Industry RankSector Rank
Dividend Yield 2.75%

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.
  • EM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP19.96%
EPS Next 2Y34.16%
EPS Next 3Y29.78%
EM.MI Yearly Income VS Free CF VS DividendEM.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M 20M 30M
EM.MI Dividend Payout.EM.MI Dividend Payout, showing the Payout Ratio.EM.MI Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

EMAK SPA

BIT:EM (2/27/2026, 7:00:00 PM)

0.905

-0.01 (-0.55%)

Chartmill FA Rating
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)11-14
Earnings (Next)03-12
Inst Owners5.19%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap148.36M
Revenue(TTM)947.07M
Net Income(TTM)21.90M
Analysts84.44
Price Target1.63 (80.11%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.75%
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)0%
EPS NY rev (3m)-4.4%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.6%
Valuation
Industry RankSector Rank
PE 6.96
Fwd PE 6.97
P/S 0.16
P/FCF 52.55
P/OCF 6.02
P/B 0.53
P/tB 0.8
EV/EBITDA 3.97
EPS(TTM)0.13
EY14.36%
EPS(NY)0.13
Fwd EY14.34%
FCF(TTM)0.02
FCFY1.9%
OCF(TTM)0.15
OCFY16.61%
SpS5.78
BVpS1.72
TBVpS1.13
PEG (NY)0.29
PEG (5Y)N/A
Graham Number2.24
Profitability
Industry RankSector 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 RankSector 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
WACC5.78%
ROIC/WACC1.4
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 6 / 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 7 / 10 and the dividend payout ratio is 19.96%.