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GROWENS SPA (GROW.MI) Stock Fundamental Analysis

BIT:GROW - Euronext Milan - IT0005040354 - Common Stock - Currency: EUR

3.95  +0.15 (+3.95%)

Fundamental Rating

4

GROW gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 101 industry peers in the Software industry. GROW has only an average score on both its financial health and profitability. While showing a medium growth rate, GROW is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

GROW had positive earnings in the past year.
In the past year GROW has reported a negative cash flow from operations.
GROW had positive earnings in 4 of the past 5 years.
GROW had a positive operating cash flow in 4 of the past 5 years.
GROW.MI Yearly Net Income VS EBIT VS OCF VS FCFGROW.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20M 40M

1.2 Ratios

The Return On Assets of GROW (84.58%) is better than 100.00% of its industry peers.
With an excellent Return On Equity value of 166.86%, GROW belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
Industry RankSector Rank
ROA 84.58%
ROE 166.86%
ROIC N/A
ROA(3y)22.46%
ROA(5y)14.11%
ROE(3y)29.9%
ROE(5y)19.94%
ROIC(3y)N/A
ROIC(5y)N/A
GROW.MI Yearly ROA, ROE, ROICGROW.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20 40 60 80 100

1.3 Margins

With an excellent Profit Margin value of 77.52%, GROW belongs to the best of the industry, outperforming 98.99% of the companies in the same industry.
In the last couple of years the Profit Margin of GROW has grown nicely.
Looking at the Gross Margin, with a value of 19.40%, GROW is doing worse than 79.80% of the companies in the same industry.
In the last couple of years the Gross Margin of GROW has declined.
Industry RankSector Rank
OM N/A
PM (TTM) 77.52%
GM 19.4%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y348.7%
PM growth 5Y89.97%
GM growth 3Y-15.63%
GM growth 5Y-12.01%
GROW.MI Yearly Profit, Operating, Gross MarginsGROW.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20 40 60

5

2. Health

2.1 Basic Checks

GROW does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for GROW has been reduced compared to 1 year ago.
The number of shares outstanding for GROW has been reduced compared to 5 years ago.
Compared to 1 year ago, GROW has an improved debt to assets ratio.
GROW.MI Yearly Shares OutstandingGROW.MI Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 5M 10M 15M
GROW.MI Yearly Total Debt VS Total AssetsGROW.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M 80M

2.2 Solvency

GROW has an Altman-Z score of 2.97. This is not the best score and indicates that GROW is in the grey zone with still only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.97, GROW perfoms like the industry average, outperforming 56.57% of the companies in the same industry.
A Debt/Equity ratio of 0.07 indicates that GROW is not too dependend on debt financing.
GROW's Debt to Equity ratio of 0.07 is fine compared to the rest of the industry. GROW outperforms 75.76% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.07
Debt/FCF N/A
Altman-Z 2.97
ROIC/WACCN/A
WACC8.67%
GROW.MI Yearly LT Debt VS Equity VS FCFGROW.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20M 40M

2.3 Liquidity

A Current Ratio of 1.49 indicates that GROW should not have too much problems paying its short term obligations.
GROW's Current ratio of 1.49 is fine compared to the rest of the industry. GROW outperforms 61.62% of its industry peers.
GROW has a Quick Ratio of 1.49. This is a normal value and indicates that GROW is financially healthy and should not expect problems in meeting its short term obligations.
GROW has a Quick ratio of 1.49. This is in the better half of the industry: GROW outperforms 65.66% of its industry peers.
Industry RankSector Rank
Current Ratio 1.49
Quick Ratio 1.49
GROW.MI Yearly Current Assets VS Current LiabilitesGROW.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 10M 20M 30M 40M 50M

4

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 1449.74% over the past year.
GROW shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 115.16% yearly.
Looking at the last year, GROW shows a very negative growth in Revenue. The Revenue has decreased by -32.22% in the last year.
GROW shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.30% yearly.
EPS 1Y (TTM)1449.74%
EPS 3Y369.89%
EPS 5Y115.16%
EPS Q2Q%27.89%
Revenue 1Y (TTM)-32.22%
Revenue growth 3Y4.79%
Revenue growth 5Y13.3%
Sales Q2Q%3.56%

3.2 Future

The Earnings Per Share is expected to decrease by -26.96% on average over the next years. This is quite bad
Based on estimates for the next years, GROW will show a small growth in Revenue. The Revenue will grow by 6.40% on average per year.
EPS Next Y-111.01%
EPS Next 2Y-43.86%
EPS Next 3Y-26.96%
EPS Next 5YN/A
Revenue Next Year0.48%
Revenue Next 2Y4.63%
Revenue Next 3Y6.4%
Revenue Next 5YN/A

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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
GROW.MI Yearly Revenue VS EstimatesGROW.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2B 4B 6B 8B
GROW.MI Yearly EPS VS EstimatesGROW.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 0.5 1 1.5

2

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 0.85, the valuation of GROW can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of GROW indicates a rather cheap valuation: GROW is cheaper than 100.00% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 29.35. GROW is valued rather cheaply when compared to this.
The Forward Price/Earnings Ratio is negative for GROW. No positive earnings are expected for the next year.
Industry RankSector Rank
PE 0.85
Fwd PE N/A
GROW.MI Price Earnings VS Forward Price EarningsGROW.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20 40

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
GROW.MI Per share dataGROW.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4

4.3 Compensation for Growth

GROW's earnings are expected to decrease with -26.96% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.01
EPS Next 2Y-43.86%
EPS Next 3Y-26.96%

6

5. Dividend

5.1 Amount

GROW has a Yearly Dividend Yield of 42.70%, which is a nice return.
In the last 3 months the price of GROW has falen by -36.50%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 2.92, GROW pays a better dividend. On top of this GROW pays more dividend than 100.00% of the companies listed in the same industry.
GROW's Dividend Yield is rather good when compared to the S&P500 average which is at 2.33.
Industry RankSector Rank
Dividend Yield 42.7%

5.2 History

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

5.3 Sustainability

DPN/A
EPS Next 2Y-43.86%
EPS Next 3Y-26.96%
GROW.MI Yearly Income VS Free CF VS DividendGROW.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20M 40M

GROWENS SPA

BIT:GROW (3/7/2025, 7:00:00 PM)

3.95

+0.15 (+3.95%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)N/A N/A
Earnings (Next)N/A N/A
Inst Owners7.66%
Inst Owner ChangeN/A
Ins Owners51.06%
Ins Owner ChangeN/A
Market Cap60.79M
Analysts44
Price Target6.99 (76.96%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 42.7%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
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)-11.76%
EPS NY rev (3m)-11.76%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.44%
Revenue NY rev (3m)0.44%
Valuation
Industry RankSector Rank
PE 0.85
Fwd PE N/A
P/S 0.8
P/FCF N/A
P/OCF N/A
P/B 1.71
P/tB 2.95
EV/EBITDA N/A
EPS(TTM)4.66
EY117.97%
EPS(NY)-0.12
Fwd EYN/A
FCF(TTM)-1.69
FCFYN/A
OCF(TTM)-1.72
OCFYN/A
SpS4.96
BVpS2.3
TBVpS1.34
PEG (NY)N/A
PEG (5Y)0.01
Profitability
Industry RankSector Rank
ROA 84.58%
ROE 166.86%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 77.52%
GM 19.4%
FCFM N/A
ROA(3y)22.46%
ROA(5y)14.11%
ROE(3y)29.9%
ROE(5y)19.94%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y348.7%
PM growth 5Y89.97%
GM growth 3Y-15.63%
GM growth 5Y-12.01%
F-Score5
Asset Turnover1.09
Health
Industry RankSector Rank
Debt/Equity 0.07
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.49
Quick Ratio 1.49
Altman-Z 2.97
F-Score5
WACC8.67%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)1449.74%
EPS 3Y369.89%
EPS 5Y115.16%
EPS Q2Q%27.89%
EPS Next Y-111.01%
EPS Next 2Y-43.86%
EPS Next 3Y-26.96%
EPS Next 5YN/A
Revenue 1Y (TTM)-32.22%
Revenue growth 3Y4.79%
Revenue growth 5Y13.3%
Sales Q2Q%3.56%
Revenue Next Year0.48%
Revenue Next 2Y4.63%
Revenue Next 3Y6.4%
Revenue Next 5YN/A
EBIT growth 1Y42.52%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year10.95%
EBIT Next 3Y80.52%
EBIT Next 5YN/A
FCF growth 1Y-852.64%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-437.44%
OCF growth 3YN/A
OCF growth 5YN/A