EMAK SPA (EM.MI) Fundamental Analysis & Valuation

BIT:EM • IT0001237053

Current stock price

0.884 EUR
0 (0%)
Last:

This EM.MI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

6

1. EM.MI Profitability Analysis

1.1 Basic Checks

  • EM had positive earnings in the past year.
  • EM had a positive operating cash flow in the past year.
  • Each year in the past 5 years EM has been profitable.
  • EM had a positive operating cash flow in each of the past 5 years.
EM.MI Yearly Net Income VS EBIT VS OCF VS FCFEM.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20M 40M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 6.55%, EM belongs to the top of the industry, outperforming 80.65% of the companies in the same industry.
  • EM has a Return On Equity of 16.38%. This is amongst the best in the industry. EM outperforms 80.65% of its industry peers.
  • With an excellent Return On Invested Capital value of 12.98%, EM belongs to the best of the industry, outperforming 80.65% of the companies in the same industry.
Industry RankSector Rank
ROA 6.55%
ROE 16.38%
ROIC 12.98%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
EM.MI Yearly ROA, ROE, ROICEM.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

1.3 Margins

  • EM has a better Profit Margin (3.50%) than 70.97% of its industry peers.
  • In the last couple of years the Profit Margin of EM has declined.
  • The Operating Margin of EM (7.12%) is better than 67.74% of its industry peers.
  • In the last couple of years the Operating Margin of EM has declined.
  • EM's Gross Margin of 48.81% is fine compared to the rest of the industry. EM outperforms 67.74% of its industry peers.
  • In the last couple of years the Gross Margin of EM has remained more or less at the same level.
Industry RankSector Rank
OM 7.12%
PM (TTM) 3.5%
GM 48.81%
OM growth 3Y-11.83%
OM growth 5Y-4.3%
PM growth 3Y-23.86%
PM growth 5Y-11.7%
GM growth 3Y1.28%
GM growth 5Y0.84%
EM.MI Yearly Profit, Operating, Gross MarginsEM.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

4

2. EM.MI Health Analysis

2.1 Basic Checks

  • EM has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
  • EM has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
EM.MI Yearly Shares OutstandingEM.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
EM.MI Yearly Total Debt VS Total AssetsEM.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.2 Solvency

  • EM has a debt to FCF ratio of 11.17. This is a negative value and a sign of low solvency as EM would need 11.17 years to pay back of all of its debts.
  • EM's Debt to FCF ratio of 11.17 is in line compared to the rest of the industry. EM outperforms 58.06% of its industry peers.
  • EM has a Debt/Equity ratio of 0.63. This is a neutral value indicating EM is somewhat dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.63, EM is in line with its industry, outperforming 45.16% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.63
Debt/FCF 11.17
Altman-Z N/A
ROIC/WACC2.02
WACC6.43%
EM.MI Yearly LT Debt VS Equity VS FCFEM.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50M 100M 150M 200M 250M

2.3 Liquidity

  • A Current Ratio of 2.06 indicates that EM has no problem at all paying its short term obligations.
  • EM has a better Current ratio (2.06) than 74.19% of its industry peers.
  • EM has a Quick Ratio of 2.06. This is a bad value and indicates that EM is not financially healthy enough and could expect problems in meeting its short term obligations.
  • EM's Quick ratio of 0.94 is fine compared to the rest of the industry. EM outperforms 67.74% of its industry peers.
Industry RankSector Rank
Current Ratio 2.06
Quick Ratio 0.94
EM.MI Yearly Current Assets VS Current LiabilitesEM.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M

5

3. EM.MI Growth Analysis

3.1 Past

  • EM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 253.61%, which is quite impressive.
  • EM shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -6.79% yearly.
  • EM shows a strong growth in Revenue. In the last year, the Revenue has grown by 44.28%.
  • The Revenue has been growing slightly by 5.45% on average over the past years.
EPS 1Y (TTM)253.61%
EPS 3Y-23.47%
EPS 5Y-6.79%
EPS Q2Q%264.68%
Revenue 1Y (TTM)44.28%
Revenue growth 3Y0.37%
Revenue growth 5Y5.45%
Sales Q2Q%138.81%

3.2 Future

  • The Earnings Per Share is expected to grow by 32.61% on average over the next years. This is a very strong growth
  • EM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.60% yearly.
EPS Next Y44.83%
EPS Next 2Y32.61%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-0.16%
Revenue Next 2Y3.04%
Revenue Next 3Y1.6%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
EM.MI Yearly Revenue VS EstimatesEM.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 200M 400M 600M
EM.MI Yearly EPS VS EstimatesEM.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2020 2021 2022 2023 2024 2025 2026 2027 0.05 0.1 0.15 0.2

9

4. EM.MI Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 3.16, the valuation of EM can be described as very cheap.
  • Based on the Price/Earnings ratio, EM is valued cheaper than 100.00% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of EM to the average of the S&P500 Index (26.91), we can say EM is valued rather cheaply.
  • EM is valuated cheaply with a Price/Forward Earnings ratio of 6.81.
  • EM's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. EM is cheaper than 77.42% of the companies in the same industry.
  • EM's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.69.
Industry RankSector Rank
PE 3.16
Fwd PE 6.81
EM.MI Price Earnings VS Forward Price EarningsEM.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, EM is valued cheaply inside the industry as 96.77% of the companies are valued more expensively.
  • 87.10% of the companies in the same industry are more expensive than EM, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 6.07
EV/EBITDA 2.72
EM.MI Per share dataEM.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6

4.3 Compensation for Growth

  • EM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • EM has a very decent profitability rating, which may justify a higher PE ratio.
  • EM's earnings are expected to grow with 32.61% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.07
PEG (5Y)N/A
EPS Next 2Y32.61%
EPS Next 3YN/A

7

5. EM.MI Dividend Analysis

5.1 Amount

  • EM has a Yearly Dividend Yield of 3.65%.
  • Compared to an average industry Dividend Yield of 3.04, EM pays a bit more dividend than its industry peers.
  • EM's Dividend Yield is rather good when compared to the S&P500 average which is at 1.89.
Industry RankSector Rank
Dividend Yield 3.65%

5.2 History

  • The dividend of EM has a limited annual growth rate of 0.17%.
Dividend Growth(5Y)0.17%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • EM pays out 11.16% of its income as dividend. This is a sustainable payout ratio.
  • EM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP11.16%
EPS Next 2Y32.61%
EPS Next 3YN/A
EM.MI Yearly Income VS Free CF VS DividendEM.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10M 20M 30M
EM.MI Dividend Payout.EM.MI Dividend Payout, showing the Payout Ratio.EM.MI Dividend Payout.PayoutRetained Earnings

EM.MI Fundamentals: All Metrics, Ratios and Statistics

EMAK SPA

BIT:EM (4/9/2026, 10:43:41 AM)

0.884

0 (0%)

Chartmill FA Rating
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)03-12
Earnings (Next)05-05
Inst Owners5.11%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap144.91M
Revenue(TTM)1.30B
Net Income(TTM)45.45M
Analysts84.44
Price Target1.63 (84.39%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.65%
Yearly Dividend0.05
Dividend Growth(5Y)0.17%
DP11.16%
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)-3.15%
Revenue NY rev (3m)-3.15%
Valuation
Industry RankSector Rank
PE 3.16
Fwd PE 6.81
P/S 0.11
P/FCF 6.07
P/OCF 3.33
P/B 0.52
P/tB 0.79
EV/EBITDA 2.72
EPS(TTM)0.28
EY31.67%
EPS(NY)0.13
Fwd EY14.68%
FCF(TTM)0.15
FCFY16.48%
OCF(TTM)0.27
OCFY29.99%
SpS7.93
BVpS1.69
TBVpS1.11
PEG (NY)0.07
PEG (5Y)N/A
Graham Number3.27
Profitability
Industry RankSector Rank
ROA 6.55%
ROE 16.38%
ROCE 19.53%
ROIC 12.98%
ROICexc 15.28%
ROICexgc 20%
OM 7.12%
PM (TTM) 3.5%
GM 48.81%
FCFM 1.84%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
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
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-11.83%
OM growth 5Y-4.3%
PM growth 3Y-23.86%
PM growth 5Y-11.7%
GM growth 3Y1.28%
GM growth 5Y0.84%
F-Score6
Asset Turnover1.87
Health
Industry RankSector Rank
Debt/Equity 0.63
Debt/FCF 11.17
Debt/EBITDA 1.39
Cap/Depr 60.45%
Cap/Sales 1.51%
Interest Coverage 9.24
Cash Conversion 34.78%
Profit Quality 52.54%
Current Ratio 2.06
Quick Ratio 0.94
Altman-Z N/A
F-Score6
WACC6.43%
ROIC/WACC2.02
Cap/Depr(3y)71.43%
Cap/Depr(5y)71.4%
Cap/Sales(3y)3.75%
Cap/Sales(5y)3.53%
Profit Quality(3y)168.14%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)253.61%
EPS 3Y-23.47%
EPS 5Y-6.79%
EPS Q2Q%264.68%
EPS Next Y44.83%
EPS Next 2Y32.61%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)44.28%
Revenue growth 3Y0.37%
Revenue growth 5Y5.45%
Sales Q2Q%138.81%
Revenue Next Year-0.16%
Revenue Next 2Y3.04%
Revenue Next 3Y1.6%
Revenue Next 5YN/A
EBIT growth 1Y98.49%
EBIT growth 3Y-11.51%
EBIT growth 5Y0.91%
EBIT Next Year111.77%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y180.36%
FCF growth 3YN/A
FCF growth 5Y-3.68%
OCF growth 1Y33.15%
OCF growth 3Y47.05%
OCF growth 5Y0.24%

EMAK SPA / EM.MI Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for EMAK SPA?

ChartMill assigns a fundamental rating of 6 / 10 to EM.MI.


Can you provide the valuation status for EMAK SPA?

ChartMill assigns a valuation rating of 9 / 10 to EMAK SPA (EM.MI). This can be considered as Undervalued.


What is the profitability of EM stock?

EMAK SPA (EM.MI) has a profitability rating of 6 / 10.


Can you provide the financial health for EM stock?

The financial health rating of EMAK SPA (EM.MI) is 4 / 10.


What is the earnings growth outlook for EMAK SPA?

The Earnings per Share (EPS) of EMAK SPA (EM.MI) is expected to grow by 44.83% in the next year.