MAPS SPA (MAPS.MI) Stock Fundamental Analysis
Europe • Euronext Milan • BIT:MAPS • IT0005364333
3.06 EUR
+0.02 (+0.66%)
Last: Jan 15, 2026, 07:00 PM
We assign a fundamental rating of 5 out of 10 to MAPS. MAPS was compared to 114 industry peers in the Software industry. There are concerns on the financial health of MAPS while its profitability can be described as average. MAPS is not valued too expensively and it also shows a decent growth rate.
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.
1.2 Ratios
- With a Return On Assets value of 3.12%, MAPS perfoms like the industry average, outperforming 47.90% of the companies in the same industry.
- MAPS's Return On Equity of 7.13% is in line compared to the rest of the industry. MAPS outperforms 49.58% of its industry peers.
- With a decent Return On Invested Capital value of 6.72%, MAPS is doing good in the industry, outperforming 60.50% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for MAPS is significantly below the industry average of 13.49%.
- 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 Rank | Sector 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%
1.3 Margins
- MAPS's Profit Margin of 5.87% is in line compared to the rest of the industry. MAPS outperforms 53.78% of its industry peers.
- In the last couple of years the Profit Margin of MAPS has declined.
- MAPS has a Operating Margin of 11.21%. This is in the better half of the industry: MAPS outperforms 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.
- In the last couple of years the Gross Margin of MAPS has grown nicely.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 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
- Compared to 1 year ago, MAPS has an improved debt to assets ratio.
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.
- MAPS's Altman-Z score of 1.94 is on the low side compared to the rest of the industry. MAPS is outperformed by 61.34% of its industry peers.
- 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 has a Debt to FCF ratio of 216.87. This is in the lower half of the industry: MAPS underperforms 60.50% of its industry peers.
- A Debt/Equity ratio of 0.35 indicates that MAPS is not too dependend on debt financing.
- MAPS has a Debt to Equity ratio (0.35) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 216.87 | ||
| Altman-Z | 1.94 |
ROIC/WACC0.77
WACC8.75%
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.
- Looking at the Quick ratio, with a value of 1.06, MAPS is doing worse than 64.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.64 | ||
| Quick Ratio | 1.06 |
3. Growth
3.1 Past
- MAPS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 68.09%, which is quite impressive.
- MAPS shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -6.38% yearly.
- MAPS shows a small growth in Revenue. In the last year, the Revenue has grown by 5.11%.
- 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
- Based on estimates for the next years, MAPS will show a very strong growth in Earnings Per Share. The EPS will grow by 40.35% on average per year.
- 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.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 20.40, MAPS is valued on the expensive side.
- MAPS's Price/Earnings ratio is a bit cheaper when compared to the industry. MAPS is cheaper than 77.31% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 28.30. MAPS is valued slightly cheaper when compared to this.
- With a Price/Forward Earnings ratio of 10.14, the valuation of MAPS can be described as very reasonable.
- 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 25.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.4 | ||
| Fwd PE | 10.14 |
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.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of MAPS indicates a slightly more expensive valuation: MAPS is more expensive than 60.50% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 570.74 | ||
| EV/EBITDA | 7.12 |
4.3 Compensation for Growth
- The decent profitability rating of MAPS 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%
5. Dividend
5.1 Amount
- No dividends for MAPS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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 20.4 and the Price/Book (PB) ratio is 1.54.
Can you provide the financial health for MAPS stock?
The financial health rating of MAPS SPA (MAPS.MI) is 3 / 10.