MAPS SPA (MAPS.MI) Stock Fundamental Analysis

BIT:MAPS • IT0005364333

3.06 EUR
+0.02 (+0.66%)
Last: Jan 15, 2026, 07:00 PM
Fundamental Rating

5

MAPS gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 122 industry peers in the Software industry. While MAPS is still in line with the averages on profitability rating, there are concerns on its financial health. 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.
  • In the past year MAPS had a positive cash flow from operations.
  • In the past 5 years MAPS has always been profitable.
  • In the past 5 years MAPS always reported a positive cash flow from operatings.
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 in line with its industry peers.
  • MAPS has a Return On Equity (7.13%) which is in line with its industry peers.
  • Looking at the Return On Invested Capital, with a value of 6.72%, MAPS is in the better half of the industry, outperforming 60.50% of the companies in the same industry.
  • MAPS had an Average Return On Invested Capital over the past 3 years of 5.29%. This is significantly below the industry average of 13.45%.
  • 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

  • With a Profit Margin value of 5.87%, MAPS perfoms like the industry average, outperforming 53.78% of the companies in the same industry.
  • In the last couple of years the Profit Margin of MAPS has declined.
  • MAPS's Operating Margin of 11.21% is fine compared to the rest of the industry. MAPS outperforms 63.03% of its industry peers.
  • MAPS's Operating Margin has been stable in the last couple of years.
  • With a decent Gross Margin value of 77.70%, MAPS is doing good in the industry, outperforming 62.18% of the companies in the same industry.
  • 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

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MAPS is destroying value.
  • MAPS has about the same amout of shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, MAPS has more shares outstanding
  • MAPS has a better debt/assets ratio than last year.
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

  • MAPS has an Altman-Z score of 1.94. This is not the best score and indicates that MAPS is in the grey zone with still only limited risk for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 1.94, MAPS is doing worse than 61.34% of the companies in the same industry.
  • MAPS has a debt to FCF ratio of 216.87. This is a negative value and a sign of low solvency as MAPS would need 216.87 years to pay back of all of its debts.
  • MAPS has a worse Debt to FCF ratio (216.87) than 60.50% of its industry peers.
  • MAPS has a Debt/Equity ratio of 0.35. This is a healthy value indicating a solid balance between debt and equity.
  • With a Debt to Equity ratio value of 0.35, MAPS perfoms like the industry average, 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.
  • MAPS has a Current ratio of 1.64. This is in the better half of the industry: MAPS outperforms 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 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

  • 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.
  • Looking at the last year, MAPS shows a small growth in Revenue. The Revenue has grown by 5.11% in the last year.
  • The Revenue has been growing by 13.05% on average over the past years. This is quite good.
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.
  • The Revenue is expected to grow by 12.31% on average over the next years. This is quite good.
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

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
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

  • 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.
  • Compared to an average S&P500 Price/Earnings ratio of 27.67, MAPS is valued a bit cheaper.
  • MAPS is valuated reasonably with a Price/Forward Earnings ratio of 10.14.
  • 90.76% of the companies in the same industry are more expensive than MAPS, based on the Price/Forward Earnings ratio.
  • The average S&P500 Price/Forward Earnings ratio is at 27.69. MAPS is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 20.4
Fwd PE 10.14
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

  • Based on the Enterprise Value to EBITDA ratio, MAPS is valued cheaply inside the industry as 87.39% of the companies are valued more expensively.
  • Based on the Price/Free Cash Flow ratio, MAPS is valued a bit more expensive than 60.50% of the companies in the same industry.
Industry RankSector Rank
P/FCF 570.74
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

  • The decent profitability rating of MAPS may justify a higher PE ratio.
  • MAPS's earnings are expected to grow with 40.35% in the coming years. This may justify a more expensive valuation.
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 (1/15/2026, 7:00:00 PM)

3.06

+0.02 (+0.66%)

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 Cap40.64M
Revenue(TTM)32.01M
Net Income(TTM)1.88M
Analysts84.44
Price Target5.22 (70.59%)
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 20.4
Fwd PE 10.14
P/S 1.27
P/FCF 570.74
P/OCF 8.8
P/B 1.54
P/tB N/A
EV/EBITDA 7.12
EPS(TTM)0.15
EY4.9%
EPS(NY)0.3
Fwd EY9.87%
FCF(TTM)0.01
FCFY0.18%
OCF(TTM)0.35
OCFY11.37%
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 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.