ITALIAN SEA GROUP SPA/THE (TISG.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:TISG - IT0005439085 - Common Stock
4.57 EUR
+0.04 (+0.77%)
We assign a fundamental rating of 6 out of 10 to TISG. TISG was compared to 14 industry peers in the Leisure Products industry. TISG scores excellent on profitability, but there are some minor concerns on its financial health. TISG is not valued too expensively and it also shows a decent growth rate. TISG also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- In the past year TISG was profitable.
- Each year in the past 5 years TISG has been profitable.
- TISG had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- With an excellent Return On Assets value of 12.25%, TISG belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
- The Return On Equity of TISG (33.68%) is better than 85.71% of its industry peers.
- With an excellent Return On Invested Capital value of 31.66%, TISG belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- TISG had an Average Return On Invested Capital over the past 3 years of 16.90%. This is significantly above the industry average of 11.21%.
- The 3 year average ROIC (16.90%) for TISG is below the current ROIC(31.66%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.25% | ||
| ROE | 33.68% | ||
| ROIC | 31.66% |
ROA(3y)8.4%
ROA(5y)7.45%
ROE(3y)24.58%
ROE(5y)21.36%
ROIC(3y)16.9%
ROIC(5y)14.61%
1.3 Margins
- TISG's Profit Margin of 8.45% is fine compared to the rest of the industry. TISG outperforms 78.57% of its industry peers.
- TISG's Profit Margin has improved in the last couple of years.
- With an excellent Operating Margin value of 16.56%, TISG belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- In the last couple of years the Operating Margin of TISG has grown nicely.
- TISG has a Gross Margin of 38.36%. This is in the lower half of the industry: TISG underperforms 64.29% of its industry peers.
- TISG's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.56% | ||
| PM (TTM) | 8.45% | ||
| GM | 38.36% |
OM growth 3Y12.91%
OM growth 5Y19.73%
PM growth 3Y-1.67%
PM growth 5Y80.78%
GM growth 3Y2.05%
GM growth 5Y2.06%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so TISG is creating value.
- The number of shares outstanding for TISG remains at a similar level compared to 1 year ago.
- Compared to 5 years ago, TISG has about the same amount of shares outstanding.
- Compared to 1 year ago, TISG has an improved debt to assets ratio.
2.2 Solvency
- TISG has an Altman-Z score of 3.24. This indicates that TISG is financially healthy and has little risk of bankruptcy at the moment.
- TISG's Altman-Z score of 3.24 is fine compared to the rest of the industry. TISG outperforms 64.29% of its industry peers.
- TISG has a Debt/Equity ratio of 0.38. This is a healthy value indicating a solid balance between debt and equity.
- The Debt to Equity ratio of TISG (0.38) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.24 |
ROIC/WACC3.96
WACC7.99%
2.3 Liquidity
- A Current Ratio of 1.33 indicates that TISG should not have too much problems paying its short term obligations.
- TISG's Current ratio of 1.33 is in line compared to the rest of the industry. TISG outperforms 57.14% of its industry peers.
- A Quick Ratio of 0.49 indicates that TISG may have some problems paying its short term obligations.
- TISG's Quick ratio of 0.49 is on the low side compared to the rest of the industry. TISG is outperformed by 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.33 | ||
| Quick Ratio | 0.49 |
3. Growth
3.1 Past
- The earnings per share for TISG have decreased by -8.17% in the last year.
- Measured over the past years, TISG shows a very strong growth in Earnings Per Share. The EPS has been growing by 139.59% on average per year.
- Looking at the last year, TISG shows a quite strong growth in Revenue. The Revenue has grown by 12.73% in the last year.
- Measured over the past years, TISG shows a very strong growth in Revenue. The Revenue has been growing by 32.55% on average per year.
EPS 1Y (TTM)-8.17%
EPS 3Y27.55%
EPS 5Y139.59%
EPS Q2Q%-58.24%
Revenue 1Y (TTM)12.73%
Revenue growth 3Y29.72%
Revenue growth 5Y32.55%
Sales Q2Q%-3.34%
3.2 Future
- TISG is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -12.22% yearly.
- The Revenue is expected to decrease by -4.64% on average over the next years.
EPS Next Y-43.37%
EPS Next 2Y-22.84%
EPS Next 3Y-12.22%
EPS Next 5YN/A
Revenue Next Year-17.28%
Revenue Next 2Y-9.18%
Revenue Next 3Y-4.64%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 7.03, the valuation of TISG can be described as very cheap.
- 78.57% of the companies in the same industry are more expensive than TISG, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 27.25. TISG is valued rather cheaply when compared to this.
- The Price/Forward Earnings ratio is 9.15, which indicates a very decent valuation of TISG.
- Based on the Price/Forward Earnings ratio, TISG is valued a bit cheaper than 71.43% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 25.98. TISG is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.03 | ||
| Fwd PE | 9.15 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TISG indicates a rather cheap valuation: TISG is cheaper than 92.86% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 2.48 |
4.3 Compensation for Growth
- TISG has an outstanding profitability rating, which may justify a higher PE ratio.
- A cheap valuation may be justified as TISG's earnings are expected to decrease with -12.22% in the coming years.
PEG (NY)N/A
PEG (5Y)0.05
EPS Next 2Y-22.84%
EPS Next 3Y-12.22%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 5.20%, TISG is a good candidate for dividend investing.
- TISG's Dividend Yield is rather good when compared to the industry average which is at 2.37. TISG pays more dividend than 100.00% of the companies in the same industry.
- TISG's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.2% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- TISG pays out 38.37% of its income as dividend. This is a sustainable payout ratio.
DP38.37%
EPS Next 2Y-22.84%
EPS Next 3Y-12.22%
ITALIAN SEA GROUP SPA/THE / TISG.MI FAQ
Can you provide the ChartMill fundamental rating for ITALIAN SEA GROUP SPA/THE?
ChartMill assigns a fundamental rating of 6 / 10 to TISG.MI.
What is the valuation status of ITALIAN SEA GROUP SPA/THE (TISG.MI) stock?
ChartMill assigns a valuation rating of 6 / 10 to ITALIAN SEA GROUP SPA/THE (TISG.MI). This can be considered as Fairly Valued.
What is the profitability of TISG stock?
ITALIAN SEA GROUP SPA/THE (TISG.MI) has a profitability rating of 8 / 10.
What are the PE and PB ratios of ITALIAN SEA GROUP SPA/THE (TISG.MI) stock?
The Price/Earnings (PE) ratio for ITALIAN SEA GROUP SPA/THE (TISG.MI) is 7.03 and the Price/Book (PB) ratio is 1.6.
What is the earnings growth outlook for ITALIAN SEA GROUP SPA/THE?
The Earnings per Share (EPS) of ITALIAN SEA GROUP SPA/THE (TISG.MI) is expected to decline by -43.37% in the next year.