FIERA MILANO SPA (FM.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:FM - IT0003365613 - Common Stock
7.595 EUR
+0.02 (+0.33%)
Taking everything into account, FM scores 3 out of 10 in our fundamental rating. FM was compared to 63 industry peers in the Media industry. Both the profitability and financial health of FM have multiple concerns. FM has a valuation in line with the averages, but on the other hand it scores bad on growth.
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.
The reported net income has been mixed in the past 5 years: FM reported negative net income in multiple 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 in line with its industry peers.
Looking at the Return On Equity, with a value of 5.97%, FM is in line with its industry, outperforming 48.48% of the companies in the same industry.
FM has a Return On Invested Capital of 4.75%. This is comparable to the rest of the industry: FM outperforms 43.94% of its industry peers.
FM had an Average Return On Invested Capital over the past 3 years of 3.92%. This is below the industry average of 8.37%.
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 48.48% of the companies in the same industry.
FM's Profit Margin has declined in the last couple of years.
FM's Operating Margin of 7.14% is in line compared to the rest of the industry. FM outperforms 54.55% of its industry peers.
In the last couple of years the Operating Margin of FM has declined.
Looking at the Gross Margin, with a value of 54.45%, FM is in line with its industry, outperforming 57.58% of the companies in the same industry.
In the last couple of years the Gross Margin of FM has declined.
| 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
FM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
FM has less shares outstanding than it did 1 year ago.
FM has about the same amout of shares outstanding than it did 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 1.38. 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 (1.38) which is comparable to the rest of the industry.
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.
FM's Debt to FCF ratio of 3.03 is fine compared to the rest of the industry. FM outperforms 71.21% 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 71.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.01 | ||
| Debt/FCF | 3.03 | ||
| Altman-Z | 1.38 |
ROIC/WACC0.83
WACC5.69%
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 (0.89) which is in line with its industry peers.
A Quick Ratio of 0.86 indicates that FM may have some problems paying its short term obligations.
FM's Quick ratio of 0.86 is in line compared to the rest of the industry. FM outperforms 45.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
FM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -80.81%.
The earnings per share for FM have been decreasing by -10.93% on average. This is quite bad
The Revenue has decreased by -0.85% in the past year.
The Revenue has been decreasing by -0.47% on average over the past years.
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
The Earnings Per Share is expected to grow by 49.90% on average over the next years. This is a very strong growth
FM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.18% yearly.
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 58.42, the valuation of FM can be described as expensive.
FM's Price/Earnings ratio is a bit more expensive when compared to the industry. FM is more expensive than 62.12% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.92, FM is valued quite expensively.
A Price/Forward Earnings ratio of 19.40 indicates a rather expensive valuation of FM.
The rest of the industry has a similar Price/Forward Earnings ratio as FM.
The average S&P500 Price/Forward Earnings ratio is at 23.46. FM is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 58.42 | ||
| Fwd PE | 19.4 |
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 84.85% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.59 | ||
| EV/EBITDA | 9.21 |
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
With a Yearly Dividend Yield of 2.63%, FM has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.44, FM has a dividend in line with its industry peers.
FM's Dividend Yield is a higher than the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.63% |
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
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 2Y41.42%
EPS Next 3Y49.9%
BIT:FM (12/23/2025, 5:29:19 PM)
7.595
+0.02 (+0.33%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners9.14%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap546.23M
Revenue(TTM)410.42M
Net Income(TTM)9.21M
Analysts86.67
Price Target8.87 (16.79%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.63% |
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)6.1%
PT rev (3m)6.1%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)6.56%
EPS NY rev (3m)6.56%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)1.68%
Revenue NY rev (3m)1.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 58.42 | ||
| Fwd PE | 19.4 | ||
| P/S | 1.33 | ||
| P/FCF | 4.59 | ||
| P/OCF | 4.34 | ||
| P/B | 3.54 | ||
| P/tB | 12.38 | ||
| EV/EBITDA | 9.21 |
EPS(TTM)0.13
EY1.71%
EPS(NY)0.39
Fwd EY5.15%
FCF(TTM)1.65
FCFY21.78%
OCF(TTM)1.75
OCFY23.03%
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 | 1.38 |
F-Score6
WACC5.69%
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.
What is the valuation status for FM stock?
ChartMill assigns a valuation rating of 4 / 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.
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 58.42 and the Price/Book (PB) ratio is 3.54.
How financially healthy is FIERA MILANO SPA?
The financial health rating of FIERA MILANO SPA (FM.MI) is 3 / 10.