EMAK SPA (EM.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:EM - IT0001237053 - Common Stock
0.946 EUR
-0.01 (-1.46%)
We assign a fundamental rating of 6 out of 10 to EM. EM was compared to 32 industry peers in the Household Durables industry. EM has only an average score on both its financial health and profitability. EM is valued quite cheap, while showing a decent growth score. This is a good combination! With these ratings, EM could be worth investigating further 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.
- EM had a positive operating cash flow in each of the past 5 years.
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 75.00% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 7.77%, EM is in the better half of the industry, outperforming 68.75% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 8.07%, EM is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
- EM had an Average Return On Invested Capital over the past 3 years of 5.51%. This is below the industry average of 9.71%.
- 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
- EM's Profit Margin of 2.31% is fine compared to the rest of the industry. EM outperforms 62.50% of its industry peers.
- EM's Profit Margin has declined in the last couple of years.
- EM has a Operating Margin (6.26%) which is comparable to the rest of the industry.
- EM's Operating Margin has declined in the last couple of years.
- With a decent Gross Margin value of 48.73%, EM is doing good in the industry, outperforming 62.50% of the companies in the same industry.
- 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
- EM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- Compared to 1 year ago, EM has about the same amount of shares outstanding.
- EM has less shares outstanding than it did 5 years ago.
- EM has about the same debt/assets ratio as last year.
2.2 Solvency
- EM has an Altman-Z score of 2.65. 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 Altman-Z score of 2.65. This is in the better half of the industry: EM outperforms 68.75% 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.
- The Debt to FCF ratio of EM (102.66) 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 Debt to Equity ratio (0.75) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 102.66 | ||
| Altman-Z | 2.65 |
ROIC/WACC1.37
WACC5.91%
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 75.00% of the companies in the same industry.
- 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.
- With a decent Quick ratio value of 1.19, EM is doing good in the industry, outperforming 78.13% of the companies in the same industry.
| 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.
- Looking at the last year, EM shows a quite strong growth in Revenue. The Revenue has grown by 8.92% in the last year.
- 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 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
- 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 7.28 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 93.75% of the companies listed in the same industry.
- EM is valuated cheaply when we compare the Price/Earnings ratio to 26.94, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 7.29 indicates a rather cheap valuation of EM.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of EM indicates a rather cheap valuation: EM is cheaper than 81.25% of the companies listed in the same industry.
- When comparing the Price/Forward Earnings ratio of EM to the average of the S&P500 Index (23.94), we can say EM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.28 | ||
| Fwd PE | 7.29 |
4.2 Price Multiples
- 90.63% of the companies in the same industry are more expensive than EM, based on the Enterprise Value to EBITDA ratio.
- EM's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 54.93 | ||
| EV/EBITDA | 4.07 |
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 29.78% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.3
PEG (5Y)N/A
EPS Next 2Y34.16%
EPS Next 3Y29.78%
5. Dividend
5.1 Amount
- EM has a Yearly Dividend Yield of 2.57%. Purely for dividend investing, there may be better candidates out there.
- EM's Dividend Yield is comparable with the industry average which is at 2.84.
- EM's Dividend Yield is a higher than the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.57% |
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%
BIT:EM (1/20/2026, 3:02:38 PM)
0.946
-0.01 (-1.46%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)11-14 2025-11-14
Earnings (Next)03-12 2026-03-12
Inst Owners5.19%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap155.08M
Revenue(TTM)947.07M
Net Income(TTM)21.90M
Analysts84.44
Price Target1.63 (72.3%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.57% |
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 | 7.28 | ||
| Fwd PE | 7.29 | ||
| P/S | 0.16 | ||
| P/FCF | 54.93 | ||
| P/OCF | 6.29 | ||
| P/B | 0.55 | ||
| P/tB | 0.83 | ||
| EV/EBITDA | 4.07 |
EPS(TTM)0.13
EY13.74%
EPS(NY)0.13
Fwd EY13.72%
FCF(TTM)0.02
FCFY1.82%
OCF(TTM)0.15
OCFY15.89%
SpS5.78
BVpS1.72
TBVpS1.13
PEG (NY)0.3
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 | 2.65 |
F-Score7
WACC5.91%
ROIC/WACC1.37
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 6 / 10 and the dividend payout ratio is 19.96%.