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AA TECH SPA (AAT.MI) Stock Fundamental Analysis

BIT:AAT - IT0005548521 - Common Stock

1 EUR
+0.03 (+2.56%)
Last: 9/10/2025, 7:00:00 PM
Fundamental Rating

1

We assign a fundamental rating of 1 out of 10 to AAT. AAT was compared to 101 industry peers in the Software industry. Both the profitability and financial health of AAT have multiple concerns. AAT has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

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1. Profitability

1.1 Basic Checks

AAT had positive earnings in the past year.
AAT had a negative operating cash flow in the past year.
AAT.MI Yearly Net Income VS EBIT VS OCF VS FCFAAT.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2022 2023 2024 0 200K -200K 400K -400K -600K -800K

1.2 Ratios

The Return On Assets of AAT (1.15%) is comparable to the rest of the industry.
With a Return On Equity value of 2.81%, AAT perfoms like the industry average, outperforming 49.51% of the companies in the same industry.
AAT has a Return On Invested Capital of 3.46%. This is comparable to the rest of the industry: AAT outperforms 55.45% of its industry peers.
Industry RankSector Rank
ROA 1.15%
ROE 2.81%
ROIC 3.46%
ROA(3y)-1.57%
ROA(5y)N/A
ROE(3y)-3.86%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
AAT.MI Yearly ROA, ROE, ROICAAT.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2022 2023 2024 0 2 -2 -4 -6 -8

1.3 Margins

AAT's Profit Margin of 16.46% is fine compared to the rest of the industry. AAT outperforms 68.32% of its industry peers.
AAT has a better Operating Margin (50.04%) than 97.03% of its industry peers.
AAT has a worse Gross Margin (41.60%) than 74.26% of its industry peers.
Industry RankSector Rank
OM 50.04%
PM (TTM) 16.46%
GM 41.6%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
AAT.MI Yearly Profit, Operating, Gross MarginsAAT.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2022 2023 2024 0 20 -20 40 60

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2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AAT is destroying value.
The number of shares outstanding for AAT has been increased compared to 1 year ago.
Compared to 1 year ago, AAT has an improved debt to assets ratio.
AAT.MI Yearly Shares OutstandingAAT.MI Yearly Shares OutstandingYearly Shares Outstanding 2022 2023 2024 2M 4M 6M
AAT.MI Yearly Total Debt VS Total AssetsAAT.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2022 2023 2024 2M 4M 6M 8M 10M

2.2 Solvency

Based on the Altman-Z score of 0.78, we must say that AAT is in the distress zone and has some risk of bankruptcy.
AAT's Altman-Z score of 0.78 is on the low side compared to the rest of the industry. AAT is outperformed by 78.22% of its industry peers.
AAT has a Debt/Equity ratio of 0.58. This is a neutral value indicating AAT is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.58, AAT is doing worse than 67.33% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.58
Debt/FCF N/A
Altman-Z 0.78
ROIC/WACC0.43
WACC8.05%
AAT.MI Yearly LT Debt VS Equity VS FCFAAT.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2022 2023 2024 0 2M 4M

2.3 Liquidity

A Current Ratio of 0.65 indicates that AAT may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.65, AAT is doing worse than 84.16% of the companies in the same industry.
AAT has a Quick Ratio of 0.65. This is a bad value and indicates that AAT is not financially healthy enough and could expect problems in meeting its short term obligations.
AAT has a worse Quick ratio (0.65) than 83.17% of its industry peers.
Industry RankSector Rank
Current Ratio 0.65
Quick Ratio 0.65
AAT.MI Yearly Current Assets VS Current LiabilitesAAT.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2022 2023 2024 1M 2M 3M

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3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 164.44% over the past year.
The Revenue has grown by 42.75% in the past year. This is a very strong growth!
EPS 1Y (TTM)164.44%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-75.6%
Revenue 1Y (TTM)42.75%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%56.25%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
AAT.MI Yearly Revenue VS EstimatesAAT.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2022 2023 2024 200K 400K 600K 800K 1M

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4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 50.00, the valuation of AAT can be described as expensive.
AAT's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.44, AAT is valued quite expensively.
Industry RankSector Rank
PE 50
Fwd PE N/A
AAT.MI Price Earnings VS Forward Price EarningsAAT.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, AAT is valued cheaper than 84.16% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 9.14
AAT.MI Per share dataAAT.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.2 0.4 0.6

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

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0

5. Dividend

5.1 Amount

AAT does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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AA TECH SPA

BIT:AAT (9/10/2025, 7:00:00 PM)

1

+0.03 (+2.56%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)N/A N/A
Earnings (Next)N/A N/A
Inst Owners5.98%
Inst Owner ChangeN/A
Ins Owners31.12%
Ins Owner ChangeN/A
Market Cap7.39M
Analysts80
Price Target1.53 (53%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
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)-13.79%
PT rev (3m)-13.79%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 50
Fwd PE N/A
P/S 8.29
P/FCF N/A
P/OCF N/A
P/B 1.41
P/tB 2.97
EV/EBITDA 9.14
EPS(TTM)0.02
EY2%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)-0.11
FCFYN/A
OCF(TTM)-0.04
OCFYN/A
SpS0.12
BVpS0.71
TBVpS0.34
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 1.15%
ROE 2.81%
ROCE 4.61%
ROIC 3.46%
ROICexc 3.5%
ROICexgc 4.89%
OM 50.04%
PM (TTM) 16.46%
GM 41.6%
FCFM N/A
ROA(3y)-1.57%
ROA(5y)N/A
ROE(3y)-3.86%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.07
Health
Industry RankSector Rank
Debt/Equity 0.58
Debt/FCF N/A
Debt/EBITDA 2.45
Cap/Depr 63.47%
Cap/Sales 56.82%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.65
Quick Ratio 0.65
Altman-Z 0.78
F-Score4
WACC8.05%
ROIC/WACC0.43
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)164.44%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-75.6%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)42.75%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%56.25%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y301.54%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1YN/A
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1YN/A
OCF growth 3YN/A
OCF growth 5YN/A