FNM SPA (FNM.MI) Stock Fundamental Analysis
Europe - BIT:FNM - IT0000060886 - Common Stock
0.462 EUR
0 (0%)
Taking everything into account, FNM scores 6 out of 10 in our fundamental rating. FNM was compared to 11 industry peers in the Ground Transportation industry. FNM has an excellent profitability rating, but there are concerns on its financial health. FNM scores decently on growth, while it is valued quite cheap. This could make an interesting combination. Finally FNM also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
FNM had positive earnings in the past year.
In the past year FNM had a positive cash flow from operations.
In the past 5 years FNM has always been profitable.
In the past 5 years FNM always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.55%, FNM belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
Looking at the Return On Equity, with a value of 26.06%, FNM belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
With an excellent Return On Invested Capital value of 29.28%, FNM belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for FNM is significantly above the industry average of 9.60%.
The 3 year average ROIC (15.22%) for FNM is below the current ROIC(29.28%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.55% | ||
| ROE | 26.06% | ||
| ROIC | 29.28% |
ROA(3y)3.25%
ROA(5y)2.8%
ROE(3y)20.91%
ROE(5y)17.55%
ROIC(3y)15.22%
ROIC(5y)12.61%
1.3 Margins
FNM's Profit Margin of 7.73% is fine compared to the rest of the industry. FNM outperforms 72.73% of its industry peers.
FNM's Profit Margin has declined in the last couple of years.
FNM has a Operating Margin of 42.04%. This is amongst the best in the industry. FNM outperforms 100.00% of its industry peers.
FNM's Operating Margin has improved in the last couple of years.
FNM's Gross Margin of 96.15% is amongst the best of the industry. FNM outperforms 100.00% of its industry peers.
FNM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 42.04% | ||
| PM (TTM) | 7.73% | ||
| GM | 96.15% |
OM growth 3Y10.39%
OM growth 5Y13.92%
PM growth 3Y-2.18%
PM growth 5Y-7.24%
GM growth 3Y0.1%
GM growth 5Y0.65%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), FNM is creating value.
The number of shares outstanding for FNM remains at a similar level compared to 1 year ago.
Compared to 5 years ago, FNM has about the same amount of shares outstanding.
The debt/assets ratio for FNM is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.59, we must say that FNM is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.59, FNM is doing worse than 63.64% of the companies in the same industry.
FNM has a debt to FCF ratio of 20.19. This is a negative value and a sign of low solvency as FNM would need 20.19 years to pay back of all of its debts.
The Debt to FCF ratio of FNM (20.19) is comparable to the rest of the industry.
A Debt/Equity ratio of 2.24 is on the high side and indicates that FNM has dependencies on debt financing.
FNM has a Debt to Equity ratio of 2.24. This is in the lower half of the industry: FNM underperforms 72.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.24 | ||
| Debt/FCF | 20.19 | ||
| Altman-Z | 1.59 |
ROIC/WACC7.67
WACC3.82%
2.3 Liquidity
FNM has a Current Ratio of 1.03. This is a normal value and indicates that FNM is financially healthy and should not expect problems in meeting its short term obligations.
FNM's Current ratio of 1.03 is on the low side compared to the rest of the industry. FNM is outperformed by 63.64% of its industry peers.
FNM has a Quick Ratio of 1.01. This is a normal value and indicates that FNM is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.01, FNM is doing worse than 63.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.01 |
3. Growth
3.1 Past
The earnings per share for FNM have decreased by -5.79% in the last year.
The Earnings Per Share has been growing by 14.40% on average over the past years. This is quite good.
FNM shows a strong growth in Revenue. In the last year, the Revenue has grown by 21.31%.
FNM shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 23.33% yearly.
EPS 1Y (TTM)-5.79%
EPS 3Y13.21%
EPS 5Y14.4%
EPS Q2Q%38.02%
Revenue 1Y (TTM)21.31%
Revenue growth 3Y15.74%
Revenue growth 5Y23.33%
Sales Q2Q%8.73%
3.2 Future
The Earnings Per Share is expected to decrease by -3.35% on average over the next years.
The Revenue is expected to grow by 5.25% on average over the next years.
EPS Next Y-20.57%
EPS Next 2Y-5.28%
EPS Next 3Y-3.35%
EPS Next 5YN/A
Revenue Next Year8.66%
Revenue Next 2Y7.46%
Revenue Next 3Y7.13%
Revenue Next 5Y5.25%
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 decreasing.
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
The Price/Earnings ratio is 1.93, which indicates a rather cheap valuation of FNM.
FNM's Price/Earnings ratio is rather cheap when compared to the industry. FNM is cheaper than 100.00% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.83, FNM is valued rather cheaply.
A Price/Forward Earnings ratio of 2.91 indicates a rather cheap valuation of FNM.
Based on the Price/Forward Earnings ratio, FNM is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
FNM's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 32.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.93 | ||
| Fwd PE | 2.91 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FNM is valued cheaper than 100.00% of the companies in the same industry.
90.91% of the companies in the same industry are more expensive than FNM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.7 | ||
| EV/EBITDA | 0.56 |
4.3 Compensation for Growth
FNM has an outstanding profitability rating, which may justify a higher PE ratio.
FNM's earnings are expected to decrease with -3.35% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.13
EPS Next 2Y-5.28%
EPS Next 3Y-3.35%
5. Dividend
5.1 Amount
FNM has a Yearly Dividend Yield of 4.01%, which is a nice return.
Compared to an average industry Dividend Yield of 3.27, FNM pays a better dividend. On top of this FNM pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, FNM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.01% |
5.2 History
On average, the dividend of FNM grows each year by 6.23%, which is quite nice.
Dividend Growth(5Y)6.23%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
7.67% of the earnings are spent on dividend by FNM. This is a low number and sustainable payout ratio.
DP7.67%
EPS Next 2Y-5.28%
EPS Next 3Y-3.35%
BIT:FNM (11/7/2025, 5:14:47 PM)
0.462
0 (0%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners6.79%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap200.92M
Revenue(TTM)1.37B
Net Income(TTM)106.17M
Analysts80
Price Target0.67 (45.02%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.01% |
Yearly Dividend0.02
Dividend Growth(5Y)6.23%
DP7.67%
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)4.24%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)11.2%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.93 | ||
| Fwd PE | 2.91 | ||
| P/S | 0.15 | ||
| P/FCF | 3.7 | ||
| P/OCF | 1.29 | ||
| P/B | 0.49 | ||
| P/tB | 2.29 | ||
| EV/EBITDA | 0.56 |
EPS(TTM)0.24
EY51.95%
EPS(NY)0.16
Fwd EY34.32%
FCF(TTM)0.12
FCFY27.01%
OCF(TTM)0.36
OCFY77.3%
SpS3.16
BVpS0.94
TBVpS0.2
PEG (NY)N/A
PEG (5Y)0.13
Graham Number2.25
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.55% | ||
| ROE | 26.06% | ||
| ROCE | 43.04% | ||
| ROIC | 29.28% | ||
| ROICexc | 49.11% | ||
| ROICexgc | 77.19% | ||
| OM | 42.04% | ||
| PM (TTM) | 7.73% | ||
| GM | 96.15% | ||
| FCFM | 3.95% |
ROA(3y)3.25%
ROA(5y)2.8%
ROE(3y)20.91%
ROE(5y)17.55%
ROIC(3y)15.22%
ROIC(5y)12.61%
ROICexc(3y)28.1%
ROICexc(5y)22.66%
ROICexgc(3y)51.45%
ROICexgc(5y)38.36%
ROCE(3y)22.1%
ROCE(5y)18.33%
ROICexgc growth 3Y48.18%
ROICexgc growth 5Y32.59%
ROICexc growth 3Y34.2%
ROICexc growth 5Y16.46%
OM growth 3Y10.39%
OM growth 5Y13.92%
PM growth 3Y-2.18%
PM growth 5Y-7.24%
GM growth 3Y0.1%
GM growth 5Y0.65%
F-Score6
Asset Turnover0.59
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.24 | ||
| Debt/FCF | 20.19 | ||
| Debt/EBITDA | 1.28 | ||
| Cap/Depr | 75.03% | ||
| Cap/Sales | 7.36% | ||
| Interest Coverage | 27.18 | ||
| Cash Conversion | 21.81% | ||
| Profit Quality | 51.12% | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.01 | ||
| Altman-Z | 1.59 |
F-Score6
WACC3.82%
ROIC/WACC7.67
Cap/Depr(3y)71.66%
Cap/Depr(5y)87.58%
Cap/Sales(3y)9.7%
Cap/Sales(5y)11.69%
Profit Quality(3y)143.15%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-5.79%
EPS 3Y13.21%
EPS 5Y14.4%
EPS Q2Q%38.02%
EPS Next Y-20.57%
EPS Next 2Y-5.28%
EPS Next 3Y-3.35%
EPS Next 5YN/A
Revenue 1Y (TTM)21.31%
Revenue growth 3Y15.74%
Revenue growth 5Y23.33%
Sales Q2Q%8.73%
Revenue Next Year8.66%
Revenue Next 2Y7.46%
Revenue Next 3Y7.13%
Revenue Next 5Y5.25%
EBIT growth 1Y41.4%
EBIT growth 3Y27.77%
EBIT growth 5Y40.5%
EBIT Next Year130.28%
EBIT Next 3Y42.28%
EBIT Next 5Y25.31%
FCF growth 1Y-36.18%
FCF growth 3Y1.34%
FCF growth 5Y22.79%
OCF growth 1Y7.16%
OCF growth 3Y11.59%
OCF growth 5Y19.96%
FNM SPA / FNM.MI FAQ
Can you provide the ChartMill fundamental rating for FNM SPA?
ChartMill assigns a fundamental rating of 6 / 10 to FNM.MI.
What is the valuation status for FNM stock?
ChartMill assigns a valuation rating of 8 / 10 to FNM SPA (FNM.MI). This can be considered as Undervalued.
Can you provide the profitability details for FNM SPA?
FNM SPA (FNM.MI) has a profitability rating of 9 / 10.
Can you provide the PE and PB ratios for FNM stock?
The Price/Earnings (PE) ratio for FNM SPA (FNM.MI) is 1.93 and the Price/Book (PB) ratio is 0.49.
Can you provide the financial health for FNM stock?
The financial health rating of FNM SPA (FNM.MI) is 3 / 10.