MAPS SPA (MAPS.MI) Stock Fundamental Analysis

BIT:MAPS • IT0005364333

2.63 EUR
-0.01 (-0.38%)
Last: Feb 25, 2026, 07:00 PM
Fundamental Rating

5

Overall MAPS gets a fundamental rating of 5 out of 10. We evaluated MAPS against 116 industry peers in the Software industry. MAPS has a medium profitability rating, but doesn't score so well on its financial health evaluation. MAPS has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • In the past year MAPS was profitable.
  • 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 48.21% of the companies in the same industry.
  • MAPS has a Return On Invested Capital (6.72%) which is comparable to the rest of the industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for MAPS is significantly below the industry average of 12.58%.
  • The 3 year average ROIC (5.29%) for MAPS is below the current ROIC(6.72%), indicating increased profibility in the last year.
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 52.68% of the companies in the same industry.
  • MAPS's Profit Margin has declined in the last couple of years.
  • With a decent Operating Margin value of 11.21%, MAPS is doing good in the industry, outperforming 61.61% of the companies in the same industry.
  • In the last couple of years the Operating Margin of MAPS has remained more or less at the same level.
  • The Gross Margin of MAPS (77.70%) is better than 63.39% 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.
  • MAPS has more shares outstanding than it did 5 years ago.
  • 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 1.84 indicates that MAPS is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • MAPS has a Altman-Z score (1.84) which is comparable to the rest of the 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 Debt to FCF ratio of 216.87. This is in the lower half of the industry: MAPS underperforms 60.71% 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 comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.35
Debt/FCF 216.87
Altman-Z 1.84
ROIC/WACC0.82
WACC8.18%
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 better Current ratio (1.64) than 62.50% 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 Quick ratio of 1.06. This is in the lower half of the industry: MAPS underperforms 63.39% 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

  • 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.
  • 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

  • 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.
  • MAPS is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.31% yearly.
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.
  • 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

6

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 17.53, MAPS is valued on the expensive side.
  • Compared to the rest of the industry, the Price/Earnings ratio of MAPS indicates a rather cheap valuation: MAPS is cheaper than 81.25% of the companies listed in the same industry.
  • MAPS is valuated rather cheaply when we compare the Price/Earnings ratio to 27.07, which is the current average of the S&P500 Index.
  • With a Price/Forward Earnings ratio of 8.71, the valuation of MAPS can be described as very reasonable.
  • 92.86% of the companies in the same industry are more expensive than MAPS, based on the Price/Forward Earnings ratio.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.05, MAPS is valued rather cheaply.
Industry RankSector Rank
PE 17.53
Fwd PE 8.71
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

  • MAPS's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. MAPS is cheaper than 88.39% of the companies in the same industry.
  • MAPS's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. MAPS is more expensive than 60.71% of the companies in the same industry.
Industry RankSector Rank
P/FCF 490.54
EV/EBITDA 6.33
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

  • MAPS does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

MAPS SPA

BIT:MAPS (2/25/2026, 7:00:00 PM)

2.63

-0.01 (-0.38%)

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 Cap34.93M
Revenue(TTM)32.01M
Net Income(TTM)1.88M
Analysts84.44
Price Target5.22 (98.48%)
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%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-16.93%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.98%
Valuation
Industry RankSector Rank
PE 17.53
Fwd PE 8.71
P/S 1.09
P/FCF 490.54
P/OCF 7.56
P/B 1.33
P/tB N/A
EV/EBITDA 6.33
EPS(TTM)0.15
EY5.7%
EPS(NY)0.3
Fwd EY11.48%
FCF(TTM)0.01
FCFY0.2%
OCF(TTM)0.35
OCFY13.23%
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 1.84
F-Score6
WACC8.18%
ROIC/WACC0.82
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 17.53 and the Price/Book (PB) ratio is 1.33.


Can you provide the financial health for MAPS stock?

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