EMAK SPA (EM.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:EM - IT0001237053 - Common Stock
0.916 EUR
+0.01 (+1.33%)
EM gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 35 industry peers in the Household Durables industry. Both the profitability and the financial health of EM get a neutral evaluation. Nothing too spectacular is happening here. EM may be a bit undervalued, certainly considering the very reasonable score on growth These ratings would make EM suitable for value investing!
1. Profitability
1.1 Basic Checks
In the past year EM was profitable.
EM had a positive operating cash flow in the past year.
EM had positive earnings in each of the past 5 years.
Each year in the past 5 years EM had a positive operating cash flow.
1.2 Ratios
EM has a better Return On Assets (3.03%) than 74.29% of its industry peers.
With a decent Return On Equity value of 7.77%, EM is doing good in the industry, outperforming 68.57% of the companies in the same industry.
The Return On Invested Capital of EM (8.07%) is better than 74.29% 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 10.00%.
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 has a Profit Margin (2.31%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of EM has declined.
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.
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 65.71% 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
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.
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 Altman-Z score of 2.64. This is in the better half of the industry: EM outperforms 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.
The Debt to FCF ratio of EM (102.66) is worse than 60.00% of its industry peers.
EM has a Debt/Equity ratio of 0.75. This is a neutral value indicating EM is somewhat dependend on debt financing.
The Debt to Equity ratio of EM (0.75) is worse than 62.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 102.66 | ||
| Altman-Z | 2.64 |
ROIC/WACC1.36
WACC5.93%
2.3 Liquidity
A Current Ratio of 2.28 indicates that EM has no problem at all paying its short term obligations.
The Current ratio of EM (2.28) is better than 71.43% of its industry peers.
A Quick Ratio of 1.19 indicates that EM should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.19, EM is in the better half of the industry, outperforming 74.29% 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.
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
EM is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 31.45% yearly.
The Revenue is expected to grow by 3.78% on average over the next years.
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.
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
With a Price/Earnings ratio of 7.05, the valuation of EM can be described as very cheap.
Based on the Price/Earnings ratio, EM is valued cheaply inside the industry as 97.14% of the companies are valued more expensively.
EM's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.37.
With a Price/Forward Earnings ratio of 6.89, the valuation of EM can be described as very cheap.
85.71% of the companies in the same industry are more expensive than EM, based on the Price/Forward Earnings ratio.
EM's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.20.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.05 | ||
| Fwd PE | 6.89 |
4.2 Price Multiples
91.43% 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 ratio is a bit more expensive when compared to the industry. EM is more expensive than 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 53.19 | ||
| EV/EBITDA | 3.97 |
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 31.45% in the coming years.
PEG (NY)0.23
PEG (5Y)N/A
EPS Next 2Y35.75%
EPS Next 3Y31.45%
5. Dividend
5.1 Amount
EM has a Yearly Dividend Yield of 2.71%.
Compared to an average industry Dividend Yield of 5.09, EM pays a bit more dividend than its industry peers.
EM's Dividend Yield is comparable with the S&P500 average which is at 2.32.
| 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 2Y35.75%
EPS Next 3Y31.45%
BIT:EM (12/4/2025, 12:02:16 PM)
0.916
+0.01 (+1.33%)
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 Cap150.16M
Revenue(TTM)947.07M
Net Income(TTM)21.90M
Analysts84.44
Price Target1.63 (77.95%)
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)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 | 7.05 | ||
| Fwd PE | 6.89 | ||
| P/S | 0.16 | ||
| P/FCF | 53.19 | ||
| P/OCF | 6.1 | ||
| P/B | 0.53 | ||
| P/tB | 0.81 | ||
| EV/EBITDA | 3.97 |
EPS(TTM)0.13
EY14.19%
EPS(NY)0.13
Fwd EY14.51%
FCF(TTM)0.02
FCFY1.88%
OCF(TTM)0.15
OCFY16.41%
SpS5.78
BVpS1.72
TBVpS1.13
PEG (NY)0.23
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
WACC5.93%
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 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 8 / 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 7.05 and the Price/Book (PB) ratio is 0.53.
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.