POSTE ITALIANE SPA (PST.MI) Stock Fundamental Analysis
BIT:PST - Borsa Italiana Milan - IT0003796171 - Common Stock - Currency: EUR
Taking everything into account, PST scores 4 out of 10 in our fundamental rating. PST was compared to 32 industry peers in the Insurance industry. PST has an excellent profitability rating, but there are concerns on its financial health. PST has a valuation in line with the averages, but it does not seem to be growing. PST also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year PST was profitable.
PST had a positive operating cash flow in the past year.
PST had positive earnings in each of the past 5 years.
Each year in the past 5 years PST had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.86%, PST is doing worse than 66.67% of the companies in the same industry.
The Return On Equity of PST (19.86%) is better than 83.33% of its industry peers.
PST has a Return On Invested Capital of 0.95%. This is comparable to the rest of the industry: PST outperforms 43.33% of its industry peers.
PST had an Average Return On Invested Capital over the past 3 years of 0.63%. This is in line with the industry average of 2.08%.
The 3 year average ROIC (0.63%) for PST is below the current ROIC(0.95%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.86% | ||
| ROE | 19.86% | ||
| ROIC | 0.95% |
ROA(3y)0.62%
ROA(5y)0.58%
ROE(3y)17.27%
ROE(5y)15.23%
ROIC(3y)0.63%
ROIC(5y)0.57%
1.3 Margins
Looking at the Profit Margin, with a value of 15.25%, PST belongs to the top of the industry, outperforming 86.67% of the companies in the same industry.
PST's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 22.92%, PST belongs to the best of the industry, outperforming 90.00% of the companies in the same industry.
In the last couple of years the Operating Margin of PST has grown nicely.
PST has a better Gross Margin (72.84%) than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.92% | ||
| PM (TTM) | 15.25% | ||
| GM | 72.84% |
OM growth 3Y60.46%
OM growth 5Y33.35%
PM growth 3Y56.97%
PM growth 5Y25.83%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PST is destroying value.
PST has less shares outstanding than it did 1 year ago.
PST has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, PST has a worse debt to assets ratio.
2.2 Solvency
PST has an Altman-Z score of 0.04. This is a bad value and indicates that PST is not financially healthy and even has some risk of bankruptcy.
PST has a better Altman-Z score (0.04) than 70.00% of its industry peers.
The Debt to FCF ratio of PST is 49.73, which is on the high side as it means it would take PST, 49.73 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of PST (49.73) is worse than 83.33% of its industry peers.
A Debt/Equity ratio of 6.24 is on the high side and indicates that PST has dependencies on debt financing.
PST has a Debt to Equity ratio of 6.24. This is amonst the worse of the industry: PST underperforms 96.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.24 | ||
| Debt/FCF | 49.73 | ||
| Altman-Z | 0.04 |
ROIC/WACC0.35
WACC2.69%
2.3 Liquidity
A Current Ratio of 0.56 indicates that PST may have some problems paying its short term obligations.
With a decent Current ratio value of 0.56, PST is doing good in the industry, outperforming 76.67% of the companies in the same industry.
PST has a Quick Ratio of 0.56. This is a bad value and indicates that PST is not financially healthy enough and could expect problems in meeting its short term obligations.
With a decent Quick ratio value of 0.55, PST is doing good in the industry, outperforming 76.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.56 | ||
| Quick Ratio | 0.55 |
3. Growth
3.1 Past
PST shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -8.74%.
The Earnings Per Share has been growing slightly by 6.74% on average over the past years.
Looking at the last year, PST shows a very negative growth in Revenue. The Revenue has decreased by -43.29% in the last year.
PST shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -15.32% yearly.
EPS 1Y (TTM)-8.74%
EPS 3Y16.97%
EPS 5Y6.74%
EPS Q2Q%50.34%
Revenue 1Y (TTM)-43.29%
Revenue growth 3Y-25.61%
Revenue growth 5Y-15.32%
Sales Q2Q%10.97%
3.2 Future
The Earnings Per Share is expected to grow by 5.51% on average over the next years.
Based on estimates for the next years, PST will show a small growth in Revenue. The Revenue will grow by 2.91% on average per year.
EPS Next Y7.6%
EPS Next 2Y5.13%
EPS Next 3Y4.51%
EPS Next 5Y5.51%
Revenue Next Year3.75%
Revenue Next 2Y2.87%
Revenue Next 3Y2.64%
Revenue Next 5Y2.91%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 9.41, the valuation of PST can be described as reasonable.
80.00% of the companies in the same industry are more expensive than PST, based on the Price/Earnings ratio.
PST's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.47.
A Price/Forward Earnings ratio of 8.97 indicates a reasonable valuation of PST.
PST's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. PST is cheaper than 63.33% of the companies in the same industry.
PST's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 92.74.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.41 | ||
| Fwd PE | 8.97 |
4.2 Price Multiples
The rest of the industry has a similar Price/Free Cash Flow ratio as PST.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.78 | ||
| EV/EBITDA | -8.3 |
4.3 Compensation for Growth
PST's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of PST may justify a higher PE ratio.
PEG (NY)1.24
PEG (5Y)1.4
EPS Next 2Y5.13%
EPS Next 3Y4.51%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.09%, PST is a good candidate for dividend investing.
PST's Dividend Yield is a higher than the industry average which is at 5.01.
PST's Dividend Yield is rather good when compared to the S&P500 average which is at 2.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.09% |
5.2 History
On average, the dividend of PST grows each year by 10.13%, which is quite nice.
Dividend Growth(5Y)10.13%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
PST pays out 44.06% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of PST is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP44.06%
EPS Next 2Y5.13%
EPS Next 3Y4.51%
POSTE ITALIANE SPA
BIT:PST (2/5/2025, 5:35:15 PM)
14.495
-0.07 (-0.45%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners10.19%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap18.93B
Analysts80
Price Target14.78 (1.97%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.09% |
Yearly Dividend0.68
Dividend Growth(5Y)10.13%
DP44.06%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.72%
Min EPS beat(2)-0.49%
Max EPS beat(2)9.94%
EPS beat(4)3
Avg EPS beat(4)5.68%
Min EPS beat(4)-0.49%
Max EPS beat(4)9.94%
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)2
Avg Revenue beat(2)1.72%
Min Revenue beat(2)1.56%
Max Revenue beat(2)1.88%
Revenue beat(4)4
Avg Revenue beat(4)2.3%
Min Revenue beat(4)1.56%
Max Revenue beat(4)2.95%
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)1.44%
PT rev (3m)2.79%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.88%
EPS NY rev (1m)1.95%
EPS NY rev (3m)1.95%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.84%
Revenue NY rev (1m)0.44%
Revenue NY rev (3m)0.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.41 | ||
| Fwd PE | 8.97 | ||
| P/S | 1.22 | ||
| P/FCF | 10.78 | ||
| P/OCF | 7.07 | ||
| P/B | 1.59 | ||
| P/tB | 1.91 | ||
| EV/EBITDA | -8.3 |
EPS(TTM)1.54
EY10.62%
EPS(NY)1.62
Fwd EY11.14%
FCF(TTM)1.34
FCFY9.28%
OCF(TTM)2.05
OCFY14.15%
SpS11.89
BVpS9.12
TBVpS7.59
PEG (NY)1.24
PEG (5Y)1.4
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.86% | ||
| ROE | 19.86% | ||
| ROCE | 1.91% | ||
| ROIC | 0.95% | ||
| ROICexc | 1.15% | ||
| ROICexgc | 1.16% | ||
| OM | 22.92% | ||
| PM (TTM) | 15.25% | ||
| GM | 72.84% | ||
| FCFM | 11.31% |
ROA(3y)0.62%
ROA(5y)0.58%
ROE(3y)17.27%
ROE(5y)15.23%
ROIC(3y)0.63%
ROIC(5y)0.57%
ROICexc(3y)0.75%
ROICexc(5y)0.66%
ROICexgc(3y)0.77%
ROICexgc(5y)0.68%
ROCE(3y)1.27%
ROCE(5y)1.14%
ROICexcg growth 3Y21.31%
ROICexcg growth 5Y12.29%
ROICexc growth 3Y20.16%
ROICexc growth 5Y11.67%
OM growth 3Y60.46%
OM growth 5Y33.35%
PM growth 3Y56.97%
PM growth 5Y25.83%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.24 | ||
| Debt/FCF | 49.73 | ||
| Debt/EBITDA | 16.7 | ||
| Cap/Depr | 103.13% | ||
| Cap/Sales | 5.94% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 60.15% | ||
| Profit Quality | 74.19% | ||
| Current Ratio | 0.56 | ||
| Quick Ratio | 0.55 | ||
| Altman-Z | 0.04 |
F-Score7
WACC2.69%
ROIC/WACC0.35
Cap/Depr(3y)96.32%
Cap/Depr(5y)96.13%
Cap/Sales(3y)6.94%
Cap/Sales(5y)5.07%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-8.74%
EPS 3Y16.97%
EPS 5Y6.74%
EPS Q2Q%50.34%
EPS Next Y7.6%
EPS Next 2Y5.13%
EPS Next 3Y4.51%
EPS Next 5Y5.51%
Revenue 1Y (TTM)-43.29%
Revenue growth 3Y-25.61%
Revenue growth 5Y-15.32%
Sales Q2Q%10.97%
Revenue Next Year3.75%
Revenue Next 2Y2.87%
Revenue Next 3Y2.64%
Revenue Next 5Y2.91%
EBIT growth 1Y-19.61%
EBIT growth 3Y19.37%
EBIT growth 5Y12.93%
EBIT Next Year39.08%
EBIT Next 3Y14.09%
EBIT Next 5Y10.63%
FCF growth 1Y96.86%
FCF growth 3Y-22.87%
FCF growth 5Y-22.71%
OCF growth 1Y67.38%
OCF growth 3Y-9.65%
OCF growth 5Y-11.45%