Logo image of GML.MI

GM LEATHER SPA (GML.MI) Stock Fundamental Analysis

BIT:GML - Euronext Milan - IT0005498610 - Common Stock - Currency: EUR

0.92  -0.11 (-10.68%)

Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to GML. GML was compared to 44 industry peers in the Textiles, Apparel & Luxury Goods industry. Both the profitability and financial health of GML have multiple concerns. GML has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

Quickly go to:

3

1. Profitability

1.1 Basic Checks

In the past year GML was profitable.
In the past year GML had a positive cash flow from operations.
GML.MI Yearly Net Income VS EBIT VS OCF VS FCFGML.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2020 2021 2022 2023 0 2M -2M -4M -6M -8M

1.2 Ratios

GML's Return On Assets of 2.14% is on the low side compared to the rest of the industry. GML is outperformed by 69.05% of its industry peers.
With a Return On Equity value of 8.62%, GML perfoms like the industry average, outperforming 45.24% of the companies in the same industry.
GML has a Return On Invested Capital of 10.66%. This is comparable to the rest of the industry: GML outperforms 54.76% of its industry peers.
The Average Return On Invested Capital over the past 3 years for GML is above the industry average of 11.04%.
Industry RankSector Rank
ROA 2.14%
ROE 8.62%
ROIC 10.66%
ROA(3y)5.47%
ROA(5y)N/A
ROE(3y)20.95%
ROE(5y)N/A
ROIC(3y)14.43%
ROIC(5y)N/A
GML.MI Yearly ROA, ROE, ROICGML.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2020 2021 2022 2023 10 20 30

1.3 Margins

GML has a Profit Margin of 3.10%. This is in the lower half of the industry: GML underperforms 69.05% of its industry peers.
GML's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 8.99%, GML perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
GML's Operating Margin has improved in the last couple of years.
GML has a worse Gross Margin (33.17%) than 90.48% of its industry peers.
GML's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 8.99%
PM (TTM) 3.1%
GM 33.17%
OM growth 3Y3.09%
OM growth 5YN/A
PM growth 3Y-4.01%
PM growth 5YN/A
GM growth 3Y9.34%
GM growth 5YN/A
GML.MI Yearly Profit, Operating, Gross MarginsGML.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2020 2021 2022 2023 5 10 15 20 25

More info and screens

2

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), GML is creating value.
Compared to 1 year ago, GML has about the same amount of shares outstanding.
Compared to 1 year ago, GML has a worse debt to assets ratio.
GML.MI Yearly Shares OutstandingGML.MI Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 2M 4M 6M 8M 10M
GML.MI Yearly Total Debt VS Total AssetsGML.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 10M 20M 30M 40M 50M

2.2 Solvency

GML has an Altman-Z score of 1.58. This is a bad value and indicates that GML is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.58, GML is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
GML has a Debt/Equity ratio of 0.76. This is a neutral value indicating GML is somewhat dependend on debt financing.
GML's Debt to Equity ratio of 0.76 is in line compared to the rest of the industry. GML outperforms 40.48% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.76
Debt/FCF N/A
Altman-Z 1.58
ROIC/WACC1.43
WACC7.43%
GML.MI Yearly LT Debt VS Equity VS FCFGML.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2020 2021 2022 2023 0 5M -5M 10M

2.3 Liquidity

A Current Ratio of 1.44 indicates that GML should not have too much problems paying its short term obligations.
With a Current ratio value of 1.44, GML perfoms like the industry average, outperforming 52.38% of the companies in the same industry.
A Quick Ratio of 0.49 indicates that GML may have some problems paying its short term obligations.
GML's Quick ratio of 0.49 is on the low side compared to the rest of the industry. GML is outperformed by 80.95% of its industry peers.
Industry RankSector Rank
Current Ratio 1.44
Quick Ratio 0.49
GML.MI Yearly Current Assets VS Current LiabilitesGML.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 10M 20M 30M 40M

More info and screens

5

3. Growth

3.1 Past

GML shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -35.06%.
GML shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.79% yearly.
GML shows a decrease in Revenue. In the last year, the revenue decreased by -6.97%.
GML shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.84% yearly.
EPS 1Y (TTM)-35.06%
EPS 3Y6.79%
EPS 5YN/A
EPS Q2Q%-76.88%
Revenue 1Y (TTM)-6.97%
Revenue growth 3Y11.84%
Revenue growth 5YN/A
Sales Q2Q%-12.68%

3.2 Future

Based on estimates for the next years, GML will show a very strong growth in Earnings Per Share. The EPS will grow by 40.00% on average per year.
The Revenue is expected to grow by 8.46% on average over the next years. This is quite good.
EPS Next Y-42.11%
EPS Next 2Y46.9%
EPS Next 3Y44.23%
EPS Next 5Y40%
Revenue Next Year-2.11%
Revenue Next 2Y12.25%
Revenue Next 3Y9.65%
Revenue Next 5Y8.46%

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
GML.MI Yearly Revenue VS EstimatesGML.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 10M 20M 30M 40M 50M
GML.MI Yearly EPS VS EstimatesGML.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2023 2024 2025 2026 2027 0.2 0.4 0.6

More info and screens

6

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 8.36, which indicates a very decent valuation of GML.
Based on the Price/Earnings ratio, GML is valued cheaper than 90.48% of the companies in the same industry.
When comparing the Price/Earnings ratio of GML to the average of the S&P500 Index (27.30), we can say GML is valued rather cheaply.
With a Price/Forward Earnings ratio of 2.22, the valuation of GML can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GML indicates a rather cheap valuation: GML is cheaper than 100.00% of the companies listed in the same industry.
GML's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.76.
Industry RankSector Rank
PE 8.36
Fwd PE 2.22
GML.MI Price Earnings VS Forward Price EarningsGML.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, GML is valued a bit cheaper than 64.29% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 6.03
GML.MI Per share dataGML.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 2 3

4.3 Compensation for Growth

A more expensive valuation may be justified as GML's earnings are expected to grow with 44.23% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y46.9%
EPS Next 3Y44.23%

More info and screens

2

5. Dividend

5.1 Amount

GML has a Yearly Dividend Yield of 1.48%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.03, GML has a dividend in line with its industry peers.
Compared to the average S&P500 Dividend Yield of 2.37, GML is paying slightly less dividend.
Industry RankSector Rank
Dividend Yield 1.48%

5.2 History

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

5.3 Sustainability

DP0%
EPS Next 2Y46.9%
EPS Next 3Y44.23%
GML.MI Yearly Income VS Free CF VS DividendGML.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2020 2021 2022 2023 0 2M -2M -4M -6M -8M

More info and screens

GM LEATHER SPA

BIT:GML (4/7/2025, 7:00:00 PM)

0.92

-0.11 (-10.68%)

Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)N/A N/A
Earnings (Next)N/A N/A
Inst Owners0.23%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap10.34M
Analysts80
Price Target4.98 (441.3%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.48%
Yearly Dividend0.02
Dividend Growth(5Y)N/A
DP0%
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)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-54.17%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 8.36
Fwd PE 2.22
P/S 0.27
P/FCF N/A
P/OCF 36.17
P/B 0.75
P/tB 1.23
EV/EBITDA 6.03
EPS(TTM)0.11
EY11.96%
EPS(NY)0.41
Fwd EY45.01%
FCF(TTM)-0.34
FCFYN/A
OCF(TTM)0.03
OCFY2.76%
SpS3.39
BVpS1.22
TBVpS0.75
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 2.14%
ROE 8.62%
ROCE 13.3%
ROIC 10.66%
ROICexc 11.39%
ROICexgc 14.6%
OM 8.99%
PM (TTM) 3.1%
GM 33.17%
FCFM N/A
ROA(3y)5.47%
ROA(5y)N/A
ROE(3y)20.95%
ROE(5y)N/A
ROIC(3y)14.43%
ROIC(5y)N/A
ROICexc(3y)15.31%
ROICexc(5y)N/A
ROICexgc(3y)18.31%
ROICexgc(5y)N/A
ROCE(3y)18.01%
ROCE(5y)N/A
ROICexcg growth 3Y-10.47%
ROICexcg growth 5YN/A
ROICexc growth 3Y-13.32%
ROICexc growth 5YN/A
OM growth 3Y3.09%
OM growth 5YN/A
PM growth 3Y-4.01%
PM growth 5YN/A
GM growth 3Y9.34%
GM growth 5YN/A
F-Score4
Asset Turnover0.69
Health
Industry RankSector Rank
Debt/Equity 0.76
Debt/FCF N/A
Debt/EBITDA 1.74
Cap/Depr 158.33%
Cap/Sales 10.65%
Interest Coverage 250
Cash Conversion 4.77%
Profit Quality N/A
Current Ratio 1.44
Quick Ratio 0.49
Altman-Z 1.58
F-Score4
WACC7.43%
ROIC/WACC1.43
Cap/Depr(3y)257.79%
Cap/Depr(5y)N/A
Cap/Sales(3y)10.41%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-35.06%
EPS 3Y6.79%
EPS 5YN/A
EPS Q2Q%-76.88%
EPS Next Y-42.11%
EPS Next 2Y46.9%
EPS Next 3Y44.23%
EPS Next 5Y40%
Revenue 1Y (TTM)-6.97%
Revenue growth 3Y11.84%
Revenue growth 5YN/A
Sales Q2Q%-12.68%
Revenue Next Year-2.11%
Revenue Next 2Y12.25%
Revenue Next 3Y9.65%
Revenue Next 5Y8.46%
EBIT growth 1Y2.11%
EBIT growth 3Y15.29%
EBIT growth 5YN/A
EBIT Next Year61.68%
EBIT Next 3Y45.04%
EBIT Next 5Y36.98%
FCF growth 1Y-112.92%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-34.81%
OCF growth 3YN/A
OCF growth 5YN/A