MAPS SPA (MAPS.MI) Stock Fundamental Analysis

BIT:MAPS • IT0005364333

2.72 EUR
-0.32 (-10.53%)
Last: Feb 18, 2026, 07:00 PM
Fundamental Rating

5

MAPS gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 117 industry peers in the Software industry. There are concerns on the financial health of MAPS while its profitability can be described as average. MAPS has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • MAPS had positive earnings in the past year.
  • MAPS had a positive operating cash flow in the past year.
  • In the past 5 years MAPS has always been profitable.
  • MAPS had a positive operating cash flow in each of the past 5 years.
MAPS.MI Yearly Net Income VS EBIT VS OCF VS FCFMAPS.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 5M -5M

1.2 Ratios

  • MAPS has a Return On Assets (3.12%) which is comparable to the rest of the industry.
  • Looking at the Return On Equity, with a value of 7.13%, MAPS is in line with its industry, outperforming 49.58% of the companies in the same industry.
  • MAPS has a Return On Invested Capital of 6.72%. This is in the better half of the industry: MAPS outperforms 60.50% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for MAPS is significantly below the industry average of 13.32%.
  • The last Return On Invested Capital (6.72%) for MAPS is above the 3 year average (5.29%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 3.12%
ROE 7.13%
ROIC 6.72%
ROA(3y)3.32%
ROA(5y)3.66%
ROE(3y)8.11%
ROE(5y)9.49%
ROIC(3y)5.29%
ROIC(5y)4.69%
MAPS.MI Yearly ROA, ROE, ROICMAPS.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

1.3 Margins

  • The Profit Margin of MAPS (5.87%) is comparable to the rest of the industry.
  • In the last couple of years the Profit Margin of MAPS has declined.
  • MAPS has a better Operating Margin (11.21%) than 63.03% of its industry peers.
  • MAPS's Operating Margin has been stable in the last couple of years.
  • MAPS has a better Gross Margin (77.70%) than 62.18% of its industry peers.
  • MAPS's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 11.21%
PM (TTM) 5.87%
GM 77.7%
OM growth 3Y9.6%
OM growth 5Y0.31%
PM growth 3Y-15.7%
PM growth 5Y-12.24%
GM growth 3Y6.68%
GM growth 5Y1.59%
MAPS.MI Yearly Profit, Operating, Gross MarginsMAPS.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60 80

3

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MAPS is destroying value.
  • Compared to 1 year ago, MAPS has about the same amount of shares outstanding.
  • Compared to 5 years ago, MAPS has more shares outstanding
  • The debt/assets ratio for MAPS has been reduced compared to a year ago.
MAPS.MI Yearly Shares OutstandingMAPS.MI Yearly Shares OutstandingYearly Shares Outstanding 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M 8M 10M
MAPS.MI Yearly Total Debt VS Total AssetsMAPS.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M

2.2 Solvency

  • An Altman-Z score of 1.94 indicates that MAPS is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • With a Altman-Z score value of 1.94, MAPS is not doing good in the industry: 61.34% of the companies in the same industry are doing better.
  • The Debt to FCF ratio of MAPS is 216.87, which is on the high side as it means it would take MAPS, 216.87 years of fcf income to pay off all of its debts.
  • MAPS's Debt to FCF ratio of 216.87 is on the low side compared to the rest of the industry. MAPS is outperformed by 60.50% of its industry peers.
  • A Debt/Equity ratio of 0.35 indicates that MAPS is not too dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.35, MAPS is in line with its industry, outperforming 40.34% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.35
Debt/FCF 216.87
Altman-Z 1.94
ROIC/WACC0.77
WACC8.75%
MAPS.MI Yearly LT Debt VS Equity VS FCFMAPS.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 10M 20M

2.3 Liquidity

  • A Current Ratio of 1.64 indicates that MAPS should not have too much problems paying its short term obligations.
  • The Current ratio of MAPS (1.64) is better than 60.50% of its industry peers.
  • MAPS has a Quick Ratio of 1.06. This is a normal value and indicates that MAPS is financially healthy and should not expect problems in meeting its short term obligations.
  • MAPS has a worse Quick ratio (1.06) than 64.71% of its industry peers.
Industry RankSector Rank
Current Ratio 1.64
Quick Ratio 1.06
MAPS.MI Yearly Current Assets VS Current LiabilitesMAPS.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M 25M

6

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 68.09% over the past year.
  • The Earnings Per Share has been decreasing by -6.38% on average over the past years.
  • The Revenue has been growing slightly by 5.11% in the past year.
  • MAPS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.05% yearly.
EPS 1Y (TTM)68.09%
EPS 3Y-11.01%
EPS 5Y-6.38%
EPS Q2Q%-2.54%
Revenue 1Y (TTM)5.11%
Revenue growth 3Y7.92%
Revenue growth 5Y13.05%
Sales Q2Q%17.72%

3.2 Future

  • MAPS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 40.35% yearly.
  • Based on estimates for the next years, MAPS will show a quite strong growth in Revenue. The Revenue will grow by 12.31% on average per year.
EPS Next Y-0.83%
EPS Next 2Y36.01%
EPS Next 3Y40.35%
EPS Next 5YN/A
Revenue Next Year9.61%
Revenue Next 2Y11.84%
Revenue Next 3Y12.48%
Revenue Next 5Y12.31%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
MAPS.MI Yearly Revenue VS EstimatesMAPS.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 10M 20M 30M 40M
MAPS.MI Yearly EPS VS EstimatesMAPS.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 0.1 0.2 0.3 0.4

5

4. Valuation

4.1 Price/Earnings Ratio

  • MAPS is valuated rather expensively with a Price/Earnings ratio of 18.13.
  • 77.31% of the companies in the same industry are more expensive than MAPS, based on the Price/Earnings ratio.
  • Compared to an average S&P500 Price/Earnings ratio of 27.09, MAPS is valued a bit cheaper.
  • The Price/Forward Earnings ratio is 9.01, which indicates a very decent valuation of MAPS.
  • 90.76% of the companies in the same industry are more expensive than MAPS, based on the Price/Forward Earnings ratio.
  • MAPS is valuated cheaply when we compare the Price/Forward Earnings ratio to 27.98, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 18.13
Fwd PE 9.01
MAPS.MI Price Earnings VS Forward Price EarningsMAPS.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • 87.39% of the companies in the same industry are more expensive than MAPS, based on the Enterprise Value to EBITDA ratio.
  • MAPS's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. MAPS is more expensive than 60.50% of the companies in the same industry.
Industry RankSector Rank
P/FCF 507.33
EV/EBITDA 7.12
MAPS.MI Per share dataMAPS.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 1 1.5 2

4.3 Compensation for Growth

  • MAPS has a very decent profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as MAPS's earnings are expected to grow with 40.35% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y36.01%
EPS Next 3Y40.35%

0

5. Dividend

5.1 Amount

  • No dividends for MAPS!.
Industry RankSector Rank
Dividend Yield 0%

MAPS SPA

BIT:MAPS (2/18/2026, 7:00:00 PM)

2.72

-0.32 (-10.53%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)N/A
Earnings (Next)N/A
Inst Owners7.54%
Inst Owner ChangeN/A
Ins Owners50.07%
Ins Owner ChangeN/A
Market Cap36.12M
Revenue(TTM)32.01M
Net Income(TTM)1.88M
Analysts84.44
Price Target5.22 (91.91%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
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)-0.39%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-32.29%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.68%
Valuation
Industry RankSector Rank
PE 18.13
Fwd PE 9.01
P/S 1.13
P/FCF 507.33
P/OCF 7.82
P/B 1.37
P/tB N/A
EV/EBITDA 7.12
EPS(TTM)0.15
EY5.51%
EPS(NY)0.3
Fwd EY11.1%
FCF(TTM)0.01
FCFY0.2%
OCF(TTM)0.35
OCFY12.79%
SpS2.41
BVpS1.98
TBVpS-0.24
PEG (NY)N/A
PEG (5Y)N/A
Graham Number2.59
Profitability
Industry RankSector Rank
ROA 3.12%
ROE 7.13%
ROCE 8.29%
ROIC 6.72%
ROICexc 7.49%
ROICexgc 31.18%
OM 11.21%
PM (TTM) 5.87%
GM 77.7%
FCFM 0.22%
ROA(3y)3.32%
ROA(5y)3.66%
ROE(3y)8.11%
ROE(5y)9.49%
ROIC(3y)5.29%
ROIC(5y)4.69%
ROICexc(3y)6.34%
ROICexc(5y)5.95%
ROICexgc(3y)24.88%
ROICexgc(5y)20.62%
ROCE(3y)6.51%
ROCE(5y)5.78%
ROICexgc growth 3Y27.03%
ROICexgc growth 5Y13.72%
ROICexc growth 3Y7.75%
ROICexc growth 5Y-2.25%
OM growth 3Y9.6%
OM growth 5Y0.31%
PM growth 3Y-15.7%
PM growth 5Y-12.24%
GM growth 3Y6.68%
GM growth 5Y1.59%
F-Score6
Asset Turnover0.53
Health
Industry RankSector Rank
Debt/Equity 0.35
Debt/FCF 216.87
Debt/EBITDA 1.27
Cap/Depr 124.6%
Cap/Sales 14.21%
Interest Coverage 250
Cash Conversion 63.82%
Profit Quality 3.79%
Current Ratio 1.64
Quick Ratio 1.06
Altman-Z 1.94
F-Score6
WACC8.75%
ROIC/WACC0.77
Cap/Depr(3y)208.63%
Cap/Depr(5y)241.55%
Cap/Sales(3y)22.2%
Cap/Sales(5y)26.14%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)68.09%
EPS 3Y-11.01%
EPS 5Y-6.38%
EPS Q2Q%-2.54%
EPS Next Y-0.83%
EPS Next 2Y36.01%
EPS Next 3Y40.35%
EPS Next 5YN/A
Revenue 1Y (TTM)5.11%
Revenue growth 3Y7.92%
Revenue growth 5Y13.05%
Sales Q2Q%17.72%
Revenue Next Year9.61%
Revenue Next 2Y11.84%
Revenue Next 3Y12.48%
Revenue Next 5Y12.31%
EBIT growth 1Y58.75%
EBIT growth 3Y18.28%
EBIT growth 5Y13.4%
EBIT Next Year137.63%
EBIT Next 3Y58.74%
EBIT Next 5Y46.18%
FCF growth 1Y101.15%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y19.89%
OCF growth 3Y29.34%
OCF growth 5Y59.94%

MAPS SPA / MAPS.MI FAQ

Can you provide the ChartMill fundamental rating for MAPS SPA?

ChartMill assigns a fundamental rating of 5 / 10 to MAPS.MI.


What is the valuation status of MAPS SPA (MAPS.MI) stock?

ChartMill assigns a valuation rating of 5 / 10 to MAPS SPA (MAPS.MI). This can be considered as Fairly Valued.


How profitable is MAPS SPA (MAPS.MI) stock?

MAPS SPA (MAPS.MI) has a profitability rating of 6 / 10.


What are the PE and PB ratios of MAPS SPA (MAPS.MI) stock?

The Price/Earnings (PE) ratio for MAPS SPA (MAPS.MI) is 18.13 and the Price/Book (PB) ratio is 1.37.


Can you provide the financial health for MAPS stock?

The financial health rating of MAPS SPA (MAPS.MI) is 3 / 10.