Logo image of GF.MI

GENERALFINANCE SPA (GF.MI) Stock Fundamental Analysis

BIT:GF - Euronext Milan - IT0005144784 - Common Stock - Currency: EUR

15.05  -0.05 (-0.33%)

Fundamental Rating

7

We assign a fundamental rating of 7 out of 10 to GF. GF was compared to 47 industry peers in the Financial Services industry. GF scores excellent on profitability, but there are some minor concerns on its financial health. GF is evaluated to be cheap and growing strongly. This does not happen too often! Finally GF also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

Quickly go to:

7

1. Profitability

1.1 Basic Checks

GF had positive earnings in the past year.
GF had a positive operating cash flow in the past year.
GF had positive earnings in each of the past 5 years.
In multiple years GF reported negative operating cash flow during the last 5 years.
GF.MI Yearly Net Income VS EBIT VS OCF VS FCFGF.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 20M 40M 60M 80M 100M

1.2 Ratios

Looking at the Return On Assets, with a value of 4.71%, GF is in the better half of the industry, outperforming 70.21% of the companies in the same industry.
Looking at the Return On Equity, with a value of 37.43%, GF belongs to the top of the industry, outperforming 87.23% of the companies in the same industry.
With a Return On Invested Capital value of 4.88%, GF perfoms like the industry average, outperforming 57.45% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for GF is significantly below the industry average of 10.14%.
The last Return On Invested Capital (4.88%) for GF is above the 3 year average (3.03%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 4.71%
ROE 37.43%
ROIC 4.88%
ROA(3y)2.74%
ROA(5y)2.67%
ROE(3y)22.73%
ROE(5y)24.28%
ROIC(3y)3.03%
ROIC(5y)2.96%
GF.MI Yearly ROA, ROE, ROICGF.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20 25

1.3 Margins

GF has a better Profit Margin (38.58%) than 78.72% of its industry peers.
GF's Profit Margin has improved in the last couple of years.
GF has a Operating Margin of 57.99%. This is amongst the best in the industry. GF outperforms 85.11% of its industry peers.
GF's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 90.85%, GF belongs to the top of the industry, outperforming 89.36% of the companies in the same industry.
GF's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 57.99%
PM (TTM) 38.58%
GM 90.85%
OM growth 3Y4.07%
OM growth 5Y5.84%
PM growth 3Y4.03%
PM growth 5Y7.12%
GM growth 3Y0.97%
GM growth 5Y0.16%
GF.MI Yearly Profit, Operating, Gross MarginsGF.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60 80

More info and screens

4

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GF is destroying value.
The number of shares outstanding for GF remains at a similar level compared to 1 year ago.
Compared to 5 years ago, GF has about the same amount of shares outstanding.
The debt/assets ratio for GF is higher compared to a year ago.
GF.MI Yearly Shares OutstandingGF.MI Yearly Shares OutstandingYearly Shares Outstanding 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M 8M 10M
GF.MI Yearly Total Debt VS Total AssetsGF.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.2 Solvency

GF has an Altman-Z score of 0.84. This is a bad value and indicates that GF is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.84, GF is not doing good in the industry: 63.83% of the companies in the same industry are doing better.
GF has a debt to FCF ratio of 20.16. This is a negative value and a sign of low solvency as GF would need 20.16 years to pay back of all of its debts.
GF has a Debt to FCF ratio of 20.16. This is in the lower half of the industry: GF underperforms 65.96% of its industry peers.
GF has a Debt/Equity ratio of 3.46. This is a high value indicating a heavy dependency on external financing.
GF's Debt to Equity ratio of 3.46 is on the low side compared to the rest of the industry. GF is outperformed by 82.98% of its industry peers.
Industry RankSector Rank
Debt/Equity 3.46
Debt/FCF 20.16
Altman-Z 0.84
ROIC/WACC0.75
WACC6.5%
GF.MI Yearly LT Debt VS Equity VS FCFGF.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M 300M

2.3 Liquidity

A Current Ratio of 8.75 indicates that GF has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 8.75, GF belongs to the top of the industry, outperforming 91.49% of the companies in the same industry.
A Quick Ratio of 8.75 indicates that GF has no problem at all paying its short term obligations.
The Quick ratio of GF (8.75) is better than 91.49% of its industry peers.
Industry RankSector Rank
Current Ratio 8.75
Quick Ratio 8.75
GF.MI Yearly Current Assets VS Current LiabilitesGF.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M

More info and screens

8

3. Growth

3.1 Past

GF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 33.73%, which is quite impressive.
GF shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 38.19% yearly.
GF shows a strong growth in Revenue. In the last year, the Revenue has grown by 32.64%.
GF shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 29.00% yearly.
EPS 1Y (TTM)33.73%
EPS 3Y30.68%
EPS 5Y38.19%
EPS Q2Q%8.37%
Revenue 1Y (TTM)32.64%
Revenue growth 3Y25.63%
Revenue growth 5Y29%
Sales Q2Q%41.4%

3.2 Future

The Earnings Per Share is expected to grow by 15.88% on average over the next years. This is quite good.
Based on estimates for the next years, GF will show a quite strong growth in Revenue. The Revenue will grow by 18.98% on average per year.
EPS Next Y13.12%
EPS Next 2Y13.19%
EPS Next 3Y15.88%
EPS Next 5YN/A
Revenue Next Year17.03%
Revenue Next 2Y18.91%
Revenue Next 3Y18.98%
Revenue Next 5YN/A

3.3 Evolution

Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
GF.MI Yearly Revenue VS EstimatesGF.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 20M 40M 60M 80M
GF.MI Yearly EPS VS EstimatesGF.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 2026 2027 0.5 1 1.5 2 2.5

More info and screens

8

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 5.95, which indicates a rather cheap valuation of GF.
Compared to the rest of the industry, the Price/Earnings ratio of GF indicates a rather cheap valuation: GF is cheaper than 85.11% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.28, GF is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.13, the valuation of GF can be described as very cheap.
Based on the Price/Forward Earnings ratio, GF is valued cheaply inside the industry as 82.98% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, GF is valued rather cheaply.
Industry RankSector Rank
PE 5.95
Fwd PE 7.13
GF.MI Price Earnings VS Forward Price EarningsGF.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, GF is valued a bit cheaper than 68.09% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, GF is valued a bit cheaper than the industry average as 63.83% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 12.98
EV/EBITDA 7.49
GF.MI Per share dataGF.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6

4.3 Compensation for Growth

GF'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 GF may justify a higher PE ratio.
GF's earnings are expected to grow with 15.88% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.45
PEG (5Y)0.16
EPS Next 2Y13.19%
EPS Next 3Y15.88%

More info and screens

7

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 5.53%, GF is a good candidate for dividend investing.
GF's Dividend Yield is rather good when compared to the industry average which is at 3.85. GF pays more dividend than 89.36% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.42, GF pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.53%

5.2 History

Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

23.31% of the earnings are spent on dividend by GF. This is a low number and sustainable payout ratio.
DP23.31%
EPS Next 2Y13.19%
EPS Next 3Y15.88%
GF.MI Yearly Income VS Free CF VS DividendGF.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2017 2018 2019 2020 2021 2022 2023 2024 0 20M 40M 60M 80M 100M
GF.MI Dividend Payout.GF.MI Dividend Payout, showing the Payout Ratio.GF.MI Dividend Payout.PayoutRetained Earnings

More info and screens

GENERALFINANCE SPA

BIT:GF (7/2/2025, 7:00:00 PM)

15.05

-0.05 (-0.33%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)N/A N/A
Earnings (Next)N/A N/A
Inst Owners15.61%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap190.23M
Analysts86
Price Target18.21 (21%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.53%
Yearly Dividend0.59
Dividend Growth(5Y)N/A
DP23.31%
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)5.93%
PT rev (3m)28.42%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-2.16%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-7.71%
Valuation
Industry RankSector Rank
PE 5.95
Fwd PE 7.13
P/S 2.29
P/FCF 12.98
P/OCF 10.67
P/B 2.23
P/tB 2.32
EV/EBITDA 7.49
EPS(TTM)2.53
EY16.81%
EPS(NY)2.11
Fwd EY14.03%
FCF(TTM)1.16
FCFY7.71%
OCF(TTM)1.41
OCFY9.37%
SpS6.56
BVpS6.76
TBVpS6.5
PEG (NY)0.45
PEG (5Y)0.16
Profitability
Industry RankSector Rank
ROA 4.71%
ROE 37.43%
ROCE 7.21%
ROIC 4.88%
ROICexc 5.88%
ROICexgc 6%
OM 57.99%
PM (TTM) 38.58%
GM 90.85%
FCFM 17.69%
ROA(3y)2.74%
ROA(5y)2.67%
ROE(3y)22.73%
ROE(5y)24.28%
ROIC(3y)3.03%
ROIC(5y)2.96%
ROICexc(3y)3.39%
ROICexc(5y)3.24%
ROICexgc(3y)3.42%
ROICexgc(5y)3.26%
ROCE(3y)4.48%
ROCE(5y)4.38%
ROICexcg growth 3Y6.06%
ROICexcg growth 5Y3.94%
ROICexc growth 3Y5.85%
ROICexc growth 5Y3.87%
OM growth 3Y4.07%
OM growth 5Y5.84%
PM growth 3Y4.03%
PM growth 5Y7.12%
GM growth 3Y0.97%
GM growth 5Y0.16%
F-Score4
Asset Turnover0.12
Health
Industry RankSector Rank
Debt/Equity 3.46
Debt/FCF 20.16
Debt/EBITDA 5.94
Cap/Depr 185.31%
Cap/Sales 3.81%
Interest Coverage 250
Cash Conversion 35.8%
Profit Quality 45.85%
Current Ratio 8.75
Quick Ratio 8.75
Altman-Z 0.84
F-Score4
WACC6.5%
ROIC/WACC0.75
Cap/Depr(3y)128.37%
Cap/Depr(5y)131.84%
Cap/Sales(3y)3.9%
Cap/Sales(5y)4.49%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)33.73%
EPS 3Y30.68%
EPS 5Y38.19%
EPS Q2Q%8.37%
EPS Next Y13.12%
EPS Next 2Y13.19%
EPS Next 3Y15.88%
EPS Next 5YN/A
Revenue 1Y (TTM)32.64%
Revenue growth 3Y25.63%
Revenue growth 5Y29%
Sales Q2Q%41.4%
Revenue Next Year17.03%
Revenue Next 2Y18.91%
Revenue Next 3Y18.98%
Revenue Next 5YN/A
EBIT growth 1Y31.68%
EBIT growth 3Y30.75%
EBIT growth 5Y36.54%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y749.98%
FCF growth 3Y125.88%
FCF growth 5Y49.06%
OCF growth 1Y814.31%
OCF growth 3Y116.86%
OCF growth 5Y48.62%