FIERA MILANO SPA (FM.MI) Fundamental Analysis & Valuation
BIT:FM • IT0003365613
Current stock price
7.47 EUR
-0.09 (-1.19%)
Last:
This FM.MI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. FM.MI Profitability Analysis
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
- FM has a Return On Assets (1.23%) which is comparable to the rest of the industry.
- FM has a Return On Equity (5.97%) which is in line with its industry peers.
- With a Return On Invested Capital value of 4.75%, FM perfoms like the industry average, outperforming 50.85% of the companies in the same industry.
- FM had an Average Return On Invested Capital over the past 3 years of 3.92%. This is below the industry average of 7.80%.
- The 3 year average ROIC (3.92%) for FM is below the current ROIC(4.75%), indicating increased profibility in the last year.
| 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
- The Profit Margin of FM (2.24%) is comparable to the rest of the industry.
- In the last couple of years the Profit Margin of FM has declined.
- With a Operating Margin value of 7.14%, FM perfoms like the industry average, outperforming 54.24% 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 55.93% 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. FM.MI Health Analysis
2.1 Basic Checks
- FM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- Compared to 1 year ago, FM has less shares outstanding
- FM has about the same amout of shares outstanding than it did 5 years ago.
- Compared to 1 year ago, FM has an improved debt to assets ratio.
2.2 Solvency
- FM has an Altman-Z score of 1.37. This is a bad value and indicates that FM is not financially healthy and even has some risk of bankruptcy.
- FM's Altman-Z score of 1.37 is in line compared to the rest of the industry. FM outperforms 42.37% of 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.
- Looking at the Debt to FCF ratio, with a value of 3.03, FM is in the better half of the industry, outperforming 74.58% of the companies in the same industry.
- FM has a Debt/Equity ratio of 2.01. This is a high value indicating a heavy dependency on external financing.
- Looking at the Debt to Equity ratio, with a value of 2.01, FM is doing worse than 74.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.01 | ||
| Debt/FCF | 3.03 | ||
| Altman-Z | 1.37 |
ROIC/WACC0.84
WACC5.63%
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 comparable to the rest of the industry: FM outperforms 40.68% of its industry peers.
- FM has a Quick 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 Quick ratio (0.86) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.86 |
3. FM.MI Growth Analysis
3.1 Past
- FM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -76.39%.
- 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.
- The Revenue has been growing slightly by 3.87% in the past year.
- The Revenue has been decreasing by -0.47% on average over the past years.
EPS 1Y (TTM)-76.39%
EPS 3Y-23.61%
EPS 5Y-10.93%
EPS Q2Q%13.29%
Revenue 1Y (TTM)3.87%
Revenue growth 3Y30.71%
Revenue growth 5Y-0.47%
Sales Q2Q%34.52%
3.2 Future
- The Earnings Per Share is expected to grow by 49.90% on average over the next years. This is a very strong growth
- The Revenue is expected to grow by 10.60% on average over the next years. This is quite good.
EPS Next Y252.63%
EPS Next 2Y46.9%
EPS Next 3Y49.9%
EPS Next 5YN/A
Revenue Next Year40.19%
Revenue Next 2Y19.34%
Revenue Next 3Y16.32%
Revenue Next 5Y10.6%
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. FM.MI Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 53.36, FM can be considered very expensive at the moment.
- Compared to the rest of the industry, the Price/Earnings ratio of FM indicates a slightly more expensive valuation: FM is more expensive than 67.80% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 25.60. FM is valued rather expensively when compared to this.
- FM is valuated rather expensively with a Price/Forward Earnings ratio of 17.69.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of FM is on the same level as its industry peers.
- FM's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.84.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 53.36 | ||
| Fwd PE | 17.69 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, FM is valued a bit more expensive than the industry average as 62.71% of the companies are valued more cheaply.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of FM indicates a rather cheap valuation: FM is cheaper than 88.14% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.52 | ||
| EV/EBITDA | 9.1 |
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.
- FM's earnings are expected to grow with 49.90% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.21
PEG (5Y)N/A
EPS Next 2Y46.9%
EPS Next 3Y49.9%
5. FM.MI Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 3.48%, FM has a reasonable but not impressive dividend return.
- FM's Dividend Yield is comparable with the industry average which is at 3.87.
- Compared to an average S&P500 Dividend Yield of 1.90, FM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.48% |
5.2 History
- The dividend of FM is nicely growing with an annual growth rate of 86.01%!
Dividend Growth(5Y)86.01%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- FM pays out 154.46% of its income as dividend. 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 2Y46.9%
EPS Next 3Y49.9%
FM.MI Fundamentals: All Metrics, Ratios and Statistics
BIT:FM (4/2/2026, 7:00:00 PM)
7.47
-0.09 (-1.19%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)03-10 2026-03-10
Earnings (Next)05-11 2026-05-11
Inst Owners8.88%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap537.24M
Revenue(TTM)424.26M
Net Income(TTM)9.21M
Analysts86.67
Price Target9.08 (21.55%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.48% |
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)2.3%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)3.08%
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 | 53.36 | ||
| Fwd PE | 17.69 | ||
| P/S | 1.31 | ||
| P/FCF | 4.52 | ||
| P/OCF | 4.27 | ||
| P/B | 3.48 | ||
| P/tB | 12.18 | ||
| EV/EBITDA | 9.1 |
EPS(TTM)0.14
EY1.87%
EPS(NY)0.42
Fwd EY5.65%
FCF(TTM)1.65
FCFY22.14%
OCF(TTM)1.75
OCFY23.41%
SpS5.71
BVpS2.14
TBVpS0.61
PEG (NY)0.21
PEG (5Y)N/A
Graham Number2.6
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 | 1.37 |
F-Score6
WACC5.63%
ROIC/WACC0.84
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)-76.39%
EPS 3Y-23.61%
EPS 5Y-10.93%
EPS Q2Q%13.29%
EPS Next Y252.63%
EPS Next 2Y46.9%
EPS Next 3Y49.9%
EPS Next 5YN/A
Revenue 1Y (TTM)3.87%
Revenue growth 3Y30.71%
Revenue growth 5Y-0.47%
Sales Q2Q%34.52%
Revenue Next Year40.19%
Revenue Next 2Y19.34%
Revenue Next 3Y16.32%
Revenue Next 5Y10.6%
EBIT growth 1Y-52.83%
EBIT growth 3YN/A
EBIT growth 5Y-14.4%
EBIT Next Year400%
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 Fundamental Analysis 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 4 / 10 to FIERA MILANO SPA (FM.MI). This can be considered as Fairly Valued.
Can you provide the profitability details for FIERA MILANO SPA?
FIERA MILANO SPA (FM.MI) has a profitability rating of 3 / 10.
What are the PE and PB ratios of FIERA MILANO SPA (FM.MI) stock?
The Price/Earnings (PE) ratio for FIERA MILANO SPA (FM.MI) is 53.36 and the Price/Book (PB) ratio is 3.48.
What is the financial health of FIERA MILANO SPA (FM.MI) stock?
The financial health rating of FIERA MILANO SPA (FM.MI) is 3 / 10.