EMAK SPA (EM.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:EM - IT0001237053 - Common Stock
0.916 EUR
+0 (+0.33%)
Taking everything into account, EM scores 6 out of 10 in our fundamental rating. EM was compared to 36 industry peers in the Household Durables industry. EM has only an average score on both its financial health and profitability. EM may be a bit undervalued, certainly considering the very reasonable score on growth With these ratings, EM could be worth investigating further for value investing!.
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.
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
Looking at the Return On Assets, with a value of 3.03%, EM is in the better half of the industry, outperforming 72.22% of the companies in the same industry.
EM has a Return On Equity of 7.77%. This is in the better half of the industry: EM outperforms 69.44% of its industry peers.
EM's Return On Invested Capital of 8.07% is fine compared to the rest of the industry. EM outperforms 75.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for EM is below the industry average of 9.66%.
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 has a better Profit Margin (2.31%) than 61.11% 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.
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 66.67% of its industry peers.
In the last couple of years the Gross Margin of EM has remained more or less at the same level.
| 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
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 69.44% 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 worse than 61.11% 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.
EM has a Debt to Equity ratio of 0.75. This is in the lower half of the industry: EM underperforms 61.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 102.66 | ||
| Altman-Z | 2.64 |
ROIC/WACC1.4
WACC5.76%
2.3 Liquidity
A Current Ratio of 2.28 indicates that EM has no problem at all paying 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.
EM has a better Quick ratio (1.19) than 77.78% 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.
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
Based on estimates for the next years, EM will show a very strong growth in Earnings Per Share. The EPS will grow by 31.45% on average per year.
EM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.78% yearly.
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
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.
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
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 97.22% 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 26.61.
The Price/Forward Earnings ratio is 6.89, which indicates a rather cheap valuation of EM.
80.56% of the companies in the same industry are more expensive than EM, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of EM to the average of the S&P500 Index (24.01), we can say EM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.05 | ||
| Fwd PE | 6.89 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, EM is valued cheaply inside the industry as 91.67% of the companies are valued more expensively.
61.11% of the companies in the same industry are cheaper than EM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 53.19 | ||
| EV/EBITDA | 3.98 |
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.
EM has a very decent profitability rating, which may justify a higher PE ratio.
EM's earnings are expected to grow with 31.45% in the coming years. This may justify a more expensive valuation.
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 2.77%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.65, EM pays a bit more dividend than its industry peers.
EM's Dividend Yield is a higher than the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.77% |
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 (12/22/2025, 7:00:00 PM)
0.916
+0 (+0.33%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners5.25%
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 | 2.77% |
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)-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 | 3.98 |
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
WACC5.76%
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 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 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 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.