FIERA MILANO SPA (FM.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:FM - IT0003365613 - Common Stock
7.42 EUR
+0.32 (+4.51%)
Taking everything into account, FM scores 3 out of 10 in our fundamental rating. FM was compared to 69 industry peers in the Media industry. FM may be in some trouble as it scores bad on both profitability and health. FM has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- FM had positive earnings in the past year.
- FM had a positive operating cash flow in the past year.
- In multiple years FM reported negative net income over the last 5 years.
- Of the past 5 years FM 4 years had a positive operating cash flow.
1.2 Ratios
- With a Return On Assets value of 1.23%, FM perfoms like the industry average, outperforming 42.65% of the companies in the same industry.
- FM's Return On Equity of 5.97% is in line compared to the rest of the industry. FM outperforms 48.53% of its industry peers.
- The Return On Invested Capital of FM (4.75%) is comparable to the rest of the industry.
- FM had an Average Return On Invested Capital over the past 3 years of 3.92%. This is below the industry average of 8.04%.
- The last Return On Invested Capital (4.75%) for FM is above the 3 year average (3.92%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.23% | ||
| ROE | 5.97% | ||
| ROIC | 4.75% |
ROA(3y)2.72%
ROA(5y)1.75%
ROE(3y)12.58%
ROE(5y)4.94%
ROIC(3y)3.92%
ROIC(5y)N/A
1.3 Margins
- With a Profit Margin value of 2.24%, FM perfoms like the industry average, outperforming 47.06% of the companies in the same industry.
- In the last couple of years the Profit Margin of FM has declined.
- Looking at the Operating Margin, with a value of 7.14%, FM is in line with its industry, outperforming 52.94% of the companies in the same industry.
- In the last couple of years the Operating Margin of FM has declined.
- FM has a Gross Margin of 54.45%. This is comparable to the rest of the industry: FM outperforms 57.35% of its industry peers.
- FM's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.14% | ||
| PM (TTM) | 2.24% | ||
| GM | 54.45% |
OM growth 3YN/A
OM growth 5Y-13.99%
PM growth 3Y-42.06%
PM growth 5Y-10.53%
GM growth 3Y3.78%
GM growth 5Y-3.18%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FM is destroying value.
- The number of shares outstanding for FM has been reduced compared to 1 year ago.
- The number of shares outstanding for FM remains at a similar level compared to 5 years ago.
- The debt/assets ratio for FM has been reduced compared to a year ago.
2.2 Solvency
- FM has an Altman-Z score of 1.34. This is a bad value and indicates that FM is not financially healthy and even has some risk of bankruptcy.
- FM has a Altman-Z score (1.34) which is in line with its industry peers.
- FM has a debt to FCF ratio of 3.03. This is a good value and a sign of high solvency as FM would need 3.03 years to pay back of all of its debts.
- The Debt to FCF ratio of FM (3.03) is better than 73.53% of its industry peers.
- FM has a Debt/Equity ratio of 2.01. This is a high value indicating a heavy dependency on external financing.
- FM's Debt to Equity ratio of 2.01 is on the low side compared to the rest of the industry. FM is outperformed by 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.01 | ||
| Debt/FCF | 3.03 | ||
| Altman-Z | 1.34 |
ROIC/WACC0.83
WACC5.71%
2.3 Liquidity
- FM has a Current Ratio of 0.89. This is a bad value and indicates that FM is not financially healthy enough and could expect problems in meeting its short term obligations.
- FM has a Current ratio of 0.89. This is in the lower half of the industry: FM underperforms 60.29% of its industry peers.
- A Quick Ratio of 0.86 indicates that FM may have some problems paying its short term obligations.
- FM has a Quick ratio (0.86) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
- The earnings per share for FM have decreased strongly by -80.81% in the last year.
- Measured over the past years, FM shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -10.93% on average per year.
- Looking at the last year, FM shows a decrease in Revenue. The Revenue has decreased by -0.85% in the last year.
- Measured over the past years, FM shows a decrease in Revenue. The Revenue has been decreasing by -0.47% on average per year.
EPS 1Y (TTM)-80.81%
EPS 3Y-23.61%
EPS 5Y-10.93%
EPS Q2Q%0.91%
Revenue 1Y (TTM)-0.85%
Revenue growth 3Y30.71%
Revenue growth 5Y-0.47%
Sales Q2Q%23.19%
3.2 Future
- FM is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 49.90% yearly.
- The Revenue is expected to grow by 3.18% on average over the next years.
EPS Next Y242.11%
EPS Next 2Y41.42%
EPS Next 3Y49.9%
EPS Next 5YN/A
Revenue Next Year40.19%
Revenue Next 2Y17.74%
Revenue Next 3Y14.33%
Revenue Next 5Y3.18%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 57.08, the valuation of FM can be described as expensive.
- Based on the Price/Earnings ratio, FM is valued a bit more expensive than 61.76% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.32. FM is valued rather expensively when compared to this.
- A Price/Forward Earnings ratio of 18.96 indicates a rather expensive valuation of FM.
- FM's Price/Forward Earnings ratio is in line with the industry average.
- FM is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.32, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 57.08 | ||
| Fwd PE | 18.96 |
4.2 Price Multiples
- FM's Enterprise Value to EBITDA ratio is in line with the industry average.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of FM indicates a rather cheap valuation: FM is cheaper than 91.18% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.49 | ||
| EV/EBITDA | 8.77 |
4.3 Compensation for Growth
- FM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- A more expensive valuation may be justified as FM's earnings are expected to grow with 49.90% in the coming years.
PEG (NY)0.24
PEG (5Y)N/A
EPS Next 2Y41.42%
EPS Next 3Y49.9%
5. Dividend
5.1 Amount
- FM has a Yearly Dividend Yield of 2.73%.
- Compared to an average industry Dividend Yield of 3.07, FM pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.83, FM pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.73% |
5.2 History
- On average, the dividend of FM grows each year by 86.01%, which is quite nice.
Dividend Growth(5Y)86.01%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 154.46% of the earnings are spent on dividend by FM. This is not a sustainable payout ratio.
- The dividend of FM is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP154.46%
EPS Next 2Y41.42%
EPS Next 3Y49.9%
BIT:FM (1/22/2026, 7:00:00 PM)
7.42
+0.32 (+4.51%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)11-13 2025-11-13
Earnings (Next)03-10 2026-03-10
Inst Owners9.06%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap533.65M
Revenue(TTM)410.42M
Net Income(TTM)9.21M
Analysts86.67
Price Target8.87 (19.54%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.73% |
Yearly Dividend0.14
Dividend Growth(5Y)86.01%
DP154.46%
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)6.1%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)6.56%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 57.08 | ||
| Fwd PE | 18.96 | ||
| P/S | 1.3 | ||
| P/FCF | 4.49 | ||
| P/OCF | 4.24 | ||
| P/B | 3.46 | ||
| P/tB | 12.1 | ||
| EV/EBITDA | 8.77 |
EPS(TTM)0.13
EY1.75%
EPS(NY)0.39
Fwd EY5.27%
FCF(TTM)1.65
FCFY22.29%
OCF(TTM)1.75
OCFY23.57%
SpS5.71
BVpS2.14
TBVpS0.61
PEG (NY)0.24
PEG (5Y)N/A
Graham Number2.5
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.23% | ||
| ROE | 5.97% | ||
| ROCE | 5.99% | ||
| ROIC | 4.75% | ||
| ROICexc | 6.95% | ||
| ROICexgc | 10.36% | ||
| OM | 7.14% | ||
| PM (TTM) | 2.24% | ||
| GM | 54.45% | ||
| FCFM | 28.98% |
ROA(3y)2.72%
ROA(5y)1.75%
ROE(3y)12.58%
ROE(5y)4.94%
ROIC(3y)3.92%
ROIC(5y)N/A
ROICexc(3y)5.12%
ROICexc(5y)N/A
ROICexgc(3y)7.06%
ROICexgc(5y)N/A
ROCE(3y)4.95%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y-7.85%
ROICexc growth 3YN/A
ROICexc growth 5Y-9.28%
OM growth 3YN/A
OM growth 5Y-13.99%
PM growth 3Y-42.06%
PM growth 5Y-10.53%
GM growth 3Y3.78%
GM growth 5Y-3.18%
F-Score6
Asset Turnover0.55
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.01 | ||
| Debt/FCF | 3.03 | ||
| Debt/EBITDA | 3.87 | ||
| Cap/Depr | 13.47% | ||
| Cap/Sales | 1.66% | ||
| Interest Coverage | 2.49 | ||
| Cash Conversion | 157.35% | ||
| Profit Quality | 1292.33% | ||
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 1.34 |
F-Score6
WACC5.71%
ROIC/WACC0.83
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)1.89%
Cap/Sales(5y)3.77%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-80.81%
EPS 3Y-23.61%
EPS 5Y-10.93%
EPS Q2Q%0.91%
EPS Next Y242.11%
EPS Next 2Y41.42%
EPS Next 3Y49.9%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.85%
Revenue growth 3Y30.71%
Revenue growth 5Y-0.47%
Sales Q2Q%23.19%
Revenue Next Year40.19%
Revenue Next 2Y17.74%
Revenue Next 3Y14.33%
Revenue Next 5Y3.18%
EBIT growth 1Y-52.83%
EBIT growth 3YN/A
EBIT growth 5Y-14.4%
EBIT Next Year385.29%
EBIT Next 3Y70.24%
EBIT Next 5YN/A
FCF growth 1Y93.93%
FCF growth 3Y-21.05%
FCF growth 5Y-9.2%
OCF growth 1Y92.1%
OCF growth 3Y-20.25%
OCF growth 5Y-9.22%
FIERA MILANO SPA / FM.MI FAQ
Can you provide the ChartMill fundamental rating for FIERA MILANO SPA?
ChartMill assigns a fundamental rating of 3 / 10 to FM.MI.
Can you provide the valuation status for FIERA MILANO SPA?
ChartMill assigns a valuation rating of 5 / 10 to FIERA MILANO SPA (FM.MI). This can be considered as Fairly Valued.
How profitable is FIERA MILANO SPA (FM.MI) stock?
FIERA MILANO SPA (FM.MI) has a profitability rating of 3 / 10.
Can you provide the financial health for FM stock?
The financial health rating of FIERA MILANO SPA (FM.MI) is 3 / 10.
Is the dividend of FIERA MILANO SPA sustainable?
The dividend rating of FIERA MILANO SPA (FM.MI) is 4 / 10 and the dividend payout ratio is 154.46%.