POSTE ITALIANE SPA (PST.MI) Stock Fundamental Analysis
BIT:PST - Euronext Milan - IT0003796171 - Common Stock - Currency: EUR
Overall PST gets a fundamental rating of 5 out of 10. We evaluated PST against 38 industry peers in the Insurance industry. PST scores excellent on profitability, but there are concerns on its financial health. PST has a decent growth rate and is not valued too expensively. 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 0.72%, PST is doing worse than 63.16% of the companies in the same industry.
Looking at the Return On Equity, with a value of 17.22%, PST is in the better half of the industry, outperforming 76.32% of the companies in the same industry.
PST's Return On Invested Capital of 1.00% is in line compared to the rest of the industry. PST outperforms 42.11% of its industry peers.
PST had an Average Return On Invested Capital over the past 3 years of 0.89%. This is in line with the industry average of 2.06%.
The last Return On Invested Capital (1.00%) for PST is above the 3 year average (0.89%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.72% | ||
| ROE | 17.22% | ||
| ROIC | 1% |
ROA(3y)0.68%
ROA(5y)0.61%
ROE(3y)18.66%
ROE(5y)16.11%
ROIC(3y)0.89%
ROIC(5y)0.76%
1.3 Margins
Looking at the Profit Margin, with a value of 15.43%, PST belongs to the top of the industry, outperforming 89.47% 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 19.72%, PST belongs to the best of the industry, outperforming 84.21% of the companies in the same industry.
PST's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 72.33%, PST belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
PST's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.72% | ||
| PM (TTM) | 15.43% | ||
| GM | 72.33% |
OM growth 3Y10.96%
OM growth 5Y31.66%
PM growth 3Y3.13%
PM growth 5Y30.15%
GM growth 3Y-2.09%
GM growth 5Y-5.18%
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 about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for PST has been reduced compared to 5 years ago.
PST has a worse debt/assets ratio than last year.
2.2 Solvency
PST has an Altman-Z score of 0.00. This is a bad value and indicates that PST is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.00, PST is in the better half of the industry, outperforming 73.68% of the companies in the same industry.
The Debt to FCF ratio of PST is 48.60, which is on the high side as it means it would take PST, 48.60 years of fcf income to pay off all of its debts.
PST's Debt to FCF ratio of 48.60 is on the low side compared to the rest of the industry. PST is outperformed by 73.68% of its industry peers.
A Debt/Equity ratio of 0.75 indicates that PST is somewhat dependend on debt financing.
PST has a worse Debt to Equity ratio (0.75) than 68.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 48.6 | ||
| Altman-Z | 0 |
ROIC/WACC0.32
WACC3.14%
2.3 Liquidity
PST has a Current Ratio of 0.54. This is a bad value and indicates that PST is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of PST (0.54) is better than 78.95% of its industry peers.
A Quick Ratio of 0.54 indicates that PST may have some problems paying its short term obligations.
PST has a better Quick ratio (0.54) than 78.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.54 | ||
| Quick Ratio | 0.54 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 30.16% over the past year.
Measured over the past years, PST shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.38% on average per year.
Looking at the last year, PST shows a small growth in Revenue. The Revenue has grown by 6.59% in the last year.
Measured over the past years, PST shows a very negative growth in Revenue. The Revenue has been decreasing by -16.83% on average per year.
EPS 1Y (TTM)30.16%
EPS 3Y14.03%
EPS 5Y8.38%
EPS Q2Q%22.4%
Revenue 1Y (TTM)6.59%
Revenue growth 3Y4.83%
Revenue growth 5Y-16.83%
Sales Q2Q%6.41%
3.2 Future
Based on estimates for the next years, PST will show a small growth in Earnings Per Share. The EPS will grow by 2.90% on average per year.
The Revenue is expected to grow by 2.48% on average over the next years.
EPS Next Y-8.04%
EPS Next 2Y-2.38%
EPS Next 3Y0.87%
EPS Next 5Y2.9%
Revenue Next Year3.73%
Revenue Next 2Y3.07%
Revenue Next 3Y2.89%
Revenue Next 5Y2.48%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
The Price/Earnings ratio is 9.52, which indicates a very decent valuation of PST.
PST's Price/Earnings ratio is rather cheap when compared to the industry. PST is cheaper than 86.84% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.30, PST is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 10.49, the valuation of PST can be described as reasonable.
The rest of the industry has a similar Price/Forward Earnings ratio as PST.
The average S&P500 Price/Forward Earnings ratio is at 21.76. PST is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.52 | ||
| Fwd PE | 10.49 |
4.2 Price Multiples
63.16% of the companies in the same industry are more expensive than PST, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PST is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.13 | ||
| EV/EBITDA | 11.45 |
4.3 Compensation for Growth
The decent profitability rating of PST may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.14
EPS Next 2Y-2.38%
EPS Next 3Y0.87%
5. Dividend
5.1 Amount
PST has a Yearly Dividend Yield of 5.95%, which is a nice return.
PST's Dividend Yield is rather good when compared to the industry average which is at 4.58. PST pays more dividend than 81.58% of the companies in the same industry.
PST's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.95% |
5.2 History
On average, the dividend of PST grows each year by 8.66%, which is quite nice.
Dividend Growth(5Y)8.66%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
58.43% of the earnings are spent on dividend by PST. 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.
DP58.43%
EPS Next 2Y-2.38%
EPS Next 3Y0.87%
BIT:PST (7/11/2025, 7:00:00 PM)
17.985
-0.02 (-0.08%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners9.46%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap23.49B
Analysts75.79
Price Target18.75 (4.25%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.95% |
Yearly Dividend0.9
Dividend Growth(5Y)8.66%
DP58.43%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)34.81%
Min EPS beat(2)9.94%
Max EPS beat(2)59.68%
EPS beat(4)3
Avg EPS beat(4)19.26%
Min EPS beat(4)-0.49%
Max EPS beat(4)59.68%
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)4.24%
Min Revenue beat(2)1.88%
Max Revenue beat(2)6.59%
Revenue beat(4)4
Avg Revenue beat(4)3.25%
Min Revenue beat(4)1.56%
Max Revenue beat(4)6.59%
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)12.45%
PT rev (3m)17.41%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0.92%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.52 | ||
| Fwd PE | 10.49 | ||
| P/S | 1.82 | ||
| P/FCF | 12.13 | ||
| P/OCF | 8.1 | ||
| P/B | 2.03 | ||
| P/tB | 2.49 | ||
| EV/EBITDA | 11.45 |
EPS(TTM)1.89
EY10.51%
EPS(NY)1.72
Fwd EY9.54%
FCF(TTM)1.48
FCFY8.24%
OCF(TTM)2.22
OCFY12.35%
SpS9.9
BVpS8.87
TBVpS7.23
PEG (NY)N/A
PEG (5Y)1.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.72% | ||
| ROE | 17.22% | ||
| ROCE | 1.36% | ||
| ROIC | 1% | ||
| ROICexc | 1.3% | ||
| ROICexgc | 1.32% | ||
| OM | 19.72% | ||
| PM (TTM) | 15.43% | ||
| GM | 72.33% | ||
| FCFM | 14.98% |
ROA(3y)0.68%
ROA(5y)0.61%
ROE(3y)18.66%
ROE(5y)16.11%
ROIC(3y)0.89%
ROIC(5y)0.76%
ROICexc(3y)1.12%
ROICexc(5y)0.97%
ROICexgc(3y)1.15%
ROICexgc(5y)0.99%
ROCE(3y)1.48%
ROCE(5y)1.24%
ROICexcg growth 3Y15.42%
ROICexcg growth 5Y19.21%
ROICexc growth 3Y15.4%
ROICexc growth 5Y18.92%
OM growth 3Y10.96%
OM growth 5Y31.66%
PM growth 3Y3.13%
PM growth 5Y30.15%
GM growth 3Y-2.09%
GM growth 5Y-5.18%
F-Score7
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 48.6 | ||
| Debt/EBITDA | 2.5 | ||
| Cap/Depr | 103.88% | ||
| Cap/Sales | 7.47% | ||
| Interest Coverage | 52.02 | ||
| Cash Conversion | 83.41% | ||
| Profit Quality | 97.09% | ||
| Current Ratio | 0.54 | ||
| Quick Ratio | 0.54 | ||
| Altman-Z | 0 |
F-Score7
WACC3.14%
ROIC/WACC0.32
Cap/Depr(3y)99.13%
Cap/Depr(5y)97.97%
Cap/Sales(3y)7.18%
Cap/Sales(5y)6.95%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)30.16%
EPS 3Y14.03%
EPS 5Y8.38%
EPS Q2Q%22.4%
EPS Next Y-8.04%
EPS Next 2Y-2.38%
EPS Next 3Y0.87%
EPS Next 5Y2.9%
Revenue 1Y (TTM)6.59%
Revenue growth 3Y4.83%
Revenue growth 5Y-16.83%
Sales Q2Q%6.41%
Revenue Next Year3.73%
Revenue Next 2Y3.07%
Revenue Next 3Y2.89%
Revenue Next 5Y2.48%
EBIT growth 1Y-35.16%
EBIT growth 3Y16.33%
EBIT growth 5Y9.5%
EBIT Next Year39.1%
EBIT Next 3Y15.35%
EBIT Next 5Y12.68%
FCF growth 1Y240.85%
FCF growth 3Y-17.37%
FCF growth 5Y37.99%
OCF growth 1Y105.16%
OCF growth 3Y-11.5%
OCF growth 5Y20.97%