ALMAWAVE SPA (AIW.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:AIW - IT0005434615 - Common Stock
4.285 EUR
0 (-0.12%)
We assign a fundamental rating of 4 out of 10 to AIW. AIW was compared to 113 industry peers in the Software industry. AIW has only an average score on both its financial health and profitability. AIW has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
AIW had positive earnings in the past year.
In the past year AIW had a positive cash flow from operations.
Each year in the past 5 years AIW has been profitable.
AIW had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
AIW has a Return On Assets (5.88%) which is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 9.81%, AIW is in line with its industry, outperforming 53.98% of the companies in the same industry.
The Return On Invested Capital of AIW (0.26%) is comparable to the rest of the industry.
AIW had an Average Return On Invested Capital over the past 3 years of 6.25%. This is significantly below the industry average of 13.33%.
The last Return On Invested Capital (0.26%) for AIW is well below the 3 year average (6.25%), which needs to be investigated, but indicates that AIW had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.88% | ||
| ROE | 9.81% | ||
| ROIC | 0.26% |
ROA(3y)6.47%
ROA(5y)5.41%
ROE(3y)10.83%
ROE(5y)11.21%
ROIC(3y)6.25%
ROIC(5y)7.38%
1.3 Margins
AIW's Profit Margin of 16.46% is fine compared to the rest of the industry. AIW outperforms 67.26% of its industry peers.
AIW's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 0.64%, AIW is in line with its industry, outperforming 45.13% of the companies in the same industry.
AIW's Operating Margin has declined in the last couple of years.
AIW has a Gross Margin of 52.61%. This is in the lower half of the industry: AIW underperforms 68.14% of its industry peers.
In the last couple of years the Gross Margin of AIW has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.64% | ||
| PM (TTM) | 16.46% | ||
| GM | 52.61% |
OM growth 3Y-24.27%
OM growth 5Y-20.53%
PM growth 3Y18.54%
PM growth 5Y12.74%
GM growth 3Y-2.82%
GM growth 5Y-2.82%
2. Health
2.1 Basic Checks
AIW has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for AIW has been increased compared to 1 year ago.
AIW has more shares outstanding than it did 5 years ago.
AIW has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.82 indicates that AIW is not a great score, but indicates only limited risk for bankruptcy at the moment.
AIW has a Altman-Z score (2.82) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.04 indicates that AIW is not too dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.04, AIW belongs to the best of the industry, outperforming 81.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.82 |
ROIC/WACC0.03
WACC8.53%
2.3 Liquidity
AIW has a Current Ratio of 1.44. This is a normal value and indicates that AIW is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.44, AIW is in line with its industry, outperforming 52.21% of the companies in the same industry.
A Quick Ratio of 1.44 indicates that AIW should not have too much problems paying its short term obligations.
AIW has a Quick ratio (1.44) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.44 | ||
| Quick Ratio | 1.44 |
3. Growth
3.1 Past
The earnings per share for AIW have decreased by -5.73% in the last year.
Measured over the past years, AIW shows a very strong growth in Earnings Per Share. The EPS has been growing by 29.38% on average per year.
AIW shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -12.68%.
The Revenue has been growing by 18.14% on average over the past years. This is quite good.
EPS 1Y (TTM)-5.73%
EPS 3Y30.66%
EPS 5Y29.38%
EPS Q2Q%-42.86%
Revenue 1Y (TTM)-12.68%
Revenue growth 3Y14.25%
Revenue growth 5Y18.14%
Sales Q2Q%-10.46%
3.2 Future
AIW is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.30% yearly.
Based on estimates for the next years, AIW will show a quite strong growth in Revenue. The Revenue will grow by 13.96% on average per year.
EPS Next Y17.65%
EPS Next 2Y16.32%
EPS Next 3Y7.3%
EPS Next 5YN/A
Revenue Next Year14%
Revenue Next 2Y14.02%
Revenue Next 3Y13.96%
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.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 16.48, which indicates a correct valuation of AIW.
Compared to the rest of the industry, the Price/Earnings ratio of AIW indicates a rather cheap valuation: AIW is cheaper than 88.50% of the companies listed in the same industry.
AIW's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.34.
The Price/Forward Earnings ratio is 18.45, which indicates a rather expensive current valuation of AIW.
Based on the Price/Forward Earnings ratio, AIW is valued a bit cheaper than 74.34% of the companies in the same industry.
AIW's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.56.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.48 | ||
| Fwd PE | 18.45 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AIW is valued a bit cheaper than 63.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 17.27 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.93
PEG (5Y)0.56
EPS Next 2Y16.32%
EPS Next 3Y7.3%
5. Dividend
5.1 Amount
AIW does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BIT:AIW (12/8/2025, 7:00:00 PM)
4.285
0 (-0.12%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners3.61%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap128.46M
Revenue(TTM)46.58M
Net Income(TTM)7.67M
Analysts84
Price Target4.08 (-4.78%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector 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)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)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.48 | ||
| Fwd PE | 18.45 | ||
| P/S | 2.76 | ||
| P/FCF | N/A | ||
| P/OCF | 11.73 | ||
| P/B | 1.64 | ||
| P/tB | 9.09 | ||
| EV/EBITDA | 17.27 |
EPS(TTM)0.26
EY6.07%
EPS(NY)0.23
Fwd EY5.42%
FCF(TTM)-0.12
FCFYN/A
OCF(TTM)0.37
OCFY8.53%
SpS1.55
BVpS2.61
TBVpS0.47
PEG (NY)0.93
PEG (5Y)0.56
Graham Number3.91
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.88% | ||
| ROE | 9.81% | ||
| ROCE | 0.35% | ||
| ROIC | 0.26% | ||
| ROICexc | 0.28% | ||
| ROICexgc | 1.43% | ||
| OM | 0.64% | ||
| PM (TTM) | 16.46% | ||
| GM | 52.61% | ||
| FCFM | N/A |
ROA(3y)6.47%
ROA(5y)5.41%
ROE(3y)10.83%
ROE(5y)11.21%
ROIC(3y)6.25%
ROIC(5y)7.38%
ROICexc(3y)7.3%
ROICexc(5y)9.1%
ROICexgc(3y)35.3%
ROICexgc(5y)40.51%
ROCE(3y)8.33%
ROCE(5y)9.84%
ROICexgc growth 3Y-32.08%
ROICexgc growth 5Y-18.89%
ROICexc growth 3Y-37.71%
ROICexc growth 5Y-24.79%
OM growth 3Y-24.27%
OM growth 5Y-20.53%
PM growth 3Y18.54%
PM growth 5Y12.74%
GM growth 3Y-2.82%
GM growth 5Y-2.82%
F-Score3
Asset Turnover0.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.41 | ||
| Cap/Depr | 204.64% | ||
| Cap/Sales | 31.14% | ||
| Interest Coverage | 1.57 | ||
| Cash Conversion | 148.34% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.44 | ||
| Quick Ratio | 1.44 | ||
| Altman-Z | 2.82 |
F-Score3
WACC8.53%
ROIC/WACC0.03
Cap/Depr(3y)180.78%
Cap/Depr(5y)174.55%
Cap/Sales(3y)18.18%
Cap/Sales(5y)17.26%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-5.73%
EPS 3Y30.66%
EPS 5Y29.38%
EPS Q2Q%-42.86%
EPS Next Y17.65%
EPS Next 2Y16.32%
EPS Next 3Y7.3%
EPS Next 5YN/A
Revenue 1Y (TTM)-12.68%
Revenue growth 3Y14.25%
Revenue growth 5Y18.14%
Sales Q2Q%-10.46%
Revenue Next Year14%
Revenue Next 2Y14.02%
Revenue Next 3Y13.96%
Revenue Next 5YN/A
EBIT growth 1Y-95.82%
EBIT growth 3Y-13.48%
EBIT growth 5Y-6.12%
EBIT Next Year116.67%
EBIT Next 3Y41.5%
EBIT Next 5YN/A
FCF growth 1Y-196.44%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-0.64%
OCF growth 3Y24.13%
OCF growth 5Y19.87%
ALMAWAVE SPA / AIW.MI FAQ
What is the ChartMill fundamental rating of ALMAWAVE SPA (AIW.MI) stock?
ChartMill assigns a fundamental rating of 4 / 10 to AIW.MI.
What is the valuation status of ALMAWAVE SPA (AIW.MI) stock?
ChartMill assigns a valuation rating of 4 / 10 to ALMAWAVE SPA (AIW.MI). This can be considered as Fairly Valued.
Can you provide the profitability details for ALMAWAVE SPA?
ALMAWAVE SPA (AIW.MI) has a profitability rating of 5 / 10.
What is the valuation of ALMAWAVE SPA based on its PE and PB ratios?
The Price/Earnings (PE) ratio for ALMAWAVE SPA (AIW.MI) is 16.48 and the Price/Book (PB) ratio is 1.64.
Can you provide the financial health for AIW stock?
The financial health rating of ALMAWAVE SPA (AIW.MI) is 4 / 10.