EMAK SPA (EM.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:EM - IT0001237053 - Common Stock
0.97 EUR
-0.01 (-1.12%)
Taking everything into account, EM scores 6 out of 10 in our fundamental rating. EM was compared to 34 industry peers in the Household Durables industry. EM has only an average score on both its financial health and profitability. EM scores decently on growth, while it is valued quite cheap. This could make an interesting 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.
- 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
- The Return On Assets of EM (3.03%) is better than 76.47% of its industry peers.
- EM has a better Return On Equity (7.77%) than 73.53% of its industry peers.
- EM's Return On Invested Capital of 8.07% is fine compared to the rest of the industry. EM outperforms 79.41% 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 9.16%.
- 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 of 2.31%. This is in the better half of the industry: EM outperforms 64.71% of its industry peers.
- EM's Profit Margin has declined in the last couple of years.
- EM has a Operating Margin of 6.26%. This is in the better half of the industry: EM outperforms 61.76% of its industry peers.
- EM's Operating Margin has declined in the last couple of years.
- Looking at the Gross Margin, with a value of 48.73%, EM is in the better half of the industry, outperforming 67.65% 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
- 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.
- 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
- An Altman-Z score of 2.65 indicates that EM is not a great score, but indicates only limited risk for bankruptcy at the moment.
- EM has a better Altman-Z score (2.65) than 73.53% 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 comparable to the rest of the industry.
- EM has a Debt/Equity ratio of 0.75. This is a neutral value indicating EM is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.75, EM perfoms like the industry average, outperforming 41.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 102.66 | ||
| Altman-Z | 2.65 |
ROIC/WACC1.41
WACC5.73%
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.
- The Current ratio of EM (2.28) is better than 76.47% of its industry peers.
- 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 79.41% 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.
- The Revenue has grown by 8.92% in the past year. This is quite good.
- 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 29.78% yearly.
- EM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.91% yearly.
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.
- 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 7.46 indicates a rather cheap valuation of EM.
- Based on the Price/Earnings ratio, EM is valued cheaper than 94.12% of the companies in the same industry.
- EM's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.33.
- The Price/Forward Earnings ratio is 7.47, which indicates a rather cheap valuation of EM.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of EM indicates a somewhat cheap valuation: EM is cheaper than 76.47% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.12, EM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.46 | ||
| Fwd PE | 7.47 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, EM is valued cheaply inside the industry as 91.18% of the companies are valued more expensively.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of EM is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 56.33 | ||
| EV/EBITDA | 4.11 |
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)0.31
PEG (5Y)N/A
EPS Next 2Y34.16%
EPS Next 3Y29.78%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 2.72%, EM has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 2.66, EM has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.91, EM pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.72% |
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 2Y34.16%
EPS Next 3Y29.78%
BIT:EM (1/15/2026, 3:01:16 PM)
0.97
-0.01 (-1.12%)
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 Cap159.01M
Revenue(TTM)947.07M
Net Income(TTM)21.90M
Analysts84.44
Price Target1.63 (68.04%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.72% |
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 | 7.46 | ||
| Fwd PE | 7.47 | ||
| P/S | 0.17 | ||
| P/FCF | 56.33 | ||
| P/OCF | 6.45 | ||
| P/B | 0.56 | ||
| P/tB | 0.86 | ||
| EV/EBITDA | 4.11 |
EPS(TTM)0.13
EY13.4%
EPS(NY)0.13
Fwd EY13.38%
FCF(TTM)0.02
FCFY1.78%
OCF(TTM)0.15
OCFY15.49%
SpS5.78
BVpS1.72
TBVpS1.13
PEG (NY)0.31
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
WACC5.73%
ROIC/WACC1.41
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%.