ETH Fundamental Analysis - EUROTECH SPA

Fundamental Rating

ETH gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 32 industry peers in the Technology Hardware, Storage & Peripherals industry. Both the profitability and financial health of ETH have multiple concerns. ETH is valued expensive and it does not seem to be growing.

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1. Profitability

1.1 Basic Checks

In the past year ETH has reported negative net income.

ETH had a positive operating cash flow in the past year.

In the past 5 years ETH reported 4 times negative net income.

ETH had a positive operating cash flow in 4 of the past 5 years.

1.2 Ratios

The Return On Assets of ETH (-35.93%) is worse than 87.88% of its industry peers.

ETH has a worse Return On Equity (-68.17%) than 66.67% of its industry peers.

		Industry Rank	Sector Rank
ROA	-35.93%
ROE	-68.17%
ROIC	N/A

ROA(3y)N/A

ROA(5y)N/A

ROE(3y)N/A

ROE(5y)N/A

ROIC(3y)N/A

ROIC(5y)N/A

1.3 Margins

With an excellent Gross Margin value of 59.89%, ETH belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.

ETH's Gross Margin has been stable in the last couple of years.

ETH does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.

		Industry Rank	Sector Rank
OM	N/A
PM (TTM)	N/A
GM	59.89%

OM growth 3YN/A

OM growth 5YN/A

PM growth 3YN/A

PM growth 5YN/A

GM growth 3Y2.64%

GM growth 5Y1.02%

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ROA

ROE

ROIC

Operating and Profit Margin

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2. Health

2.1 Basic Checks

ETH does not have a ROIC to compare to the WACC, probably because it is not profitable.

The number of shares outstanding for ETH has been increased compared to 5 years ago.

2.2 Solvency

ETH has an Altman-Z score of -0.54. This is a bad value and indicates that ETH is not financially healthy and even has some risk of bankruptcy.

ETH's Altman-Z score of -0.54 is on the low side compared to the rest of the industry. ETH is outperformed by 72.73% of its industry peers.

ETH has a debt to FCF ratio of 4.88. This is a neutral value as ETH would need 4.88 years to pay back of all of its debts.

Looking at the Debt to FCF ratio, with a value of 4.88, ETH is in line with its industry, outperforming 57.58% of the companies in the same industry.

A Debt/Equity ratio of 0.37 indicates that ETH is not too dependend on debt financing.

With a decent Debt to Equity ratio value of 0.37, ETH is doing good in the industry, outperforming 63.64% of the companies in the same industry.

		Industry Rank	Sector Rank
Debt/Equity	0.37
Debt/FCF	4.88
Altman-Z	-0.54

ROIC/WACCN/A

WACC7.74%

2.3 Liquidity

A Current Ratio of 1.25 indicates that ETH should not have too much problems paying its short term obligations.

With a Current ratio value of 1.25, ETH perfoms like the industry average, outperforming 45.45% of the companies in the same industry.

A Quick Ratio of 0.66 indicates that ETH may have some problems paying its short term obligations.

ETH has a worse Quick ratio (0.66) than 78.79% of its industry peers.

		Industry Rank	Sector Rank
Current Ratio	1.25
Quick Ratio	0.66

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WACC

Debt/Equity

How to determine the health of a company

Altman-Z score

Show peers with great health

3. Growth

3.1 Past

ETH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -329.74%.

The Revenue for ETH has decreased by -64.61% in the past year. This is quite bad

Measured over the past years, ETH shows a very negative growth in Revenue. The Revenue has been decreasing by -10.33% on average per year.

EPS 1Y (TTM)-329.74%

EPS 3YN/A

EPS 5YN/A

EPS Q2Q%-95.7%

Revenue 1Y (TTM)-64.61%

Revenue growth 3Y-2.17%

Revenue growth 5Y-10.33%

Sales Q2Q%-23.78%

3.2 Future

ETH is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 29.04% yearly.

ETH is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.04% yearly.

EPS Next Y27.59%

EPS Next 2Y36.46%

EPS Next 3Y29.04%

EPS Next 5YN/A

Revenue Next Year-8.2%

Revenue Next 2Y6.69%

Revenue Next 3Y8.04%

Revenue Next 5YN/A

3.3 Evolution

The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.

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Find the best growth stocks

Show best growing peers

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for ETH. In the last year negative earnings were reported.

Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for ETH. No positive earnings are expected for the next year.

		Industry Rank	Sector Rank
PE	N/A
Fwd PE	N/A

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, ETH is valued cheaply inside the industry as 96.97% of the companies are valued more expensively.

90.91% of the companies in the same industry are more expensive than ETH, based on the Price/Free Cash Flow ratio.

		Industry Rank	Sector Rank
P/FCF	6.76
EV/EBITDA	2.7

4.3 Compensation for Growth

A more expensive valuation may be justified as ETH's earnings are expected to grow with 29.04% in the coming years.

PEG (NY)N/A

PEG (5Y)N/A

EPS Next 2Y36.46%

EPS Next 3Y29.04%

More info and screens

Show best valued peers

5. Dividend

5.1 Amount

ETH does not give a dividend.

		Industry Rank	Sector Rank
Dividend Yield	N/A

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EUROTECH SPA

BIT:ETH (11/28/2025, 7:00:00 PM)

0.897

+0.02 (+2.51%)

Chartmill FA Rating

GICS SectorInformation Technology

GICS IndustryGroupTechnology Hardware & Equipment

GICS IndustryTechnology Hardware, Storage & Peripherals

Earnings (Last)11-13 2025-11-13

Earnings (Next)03-13 2026-03-13

Inst Owners1.49%

Inst Owner ChangeN/A

Ins OwnersN/A

Ins Owner ChangeN/A

Market Cap34.65M

Revenue(TTM)51.35M

Net Income(TTM)-38.21M

Analysts45.71

Price Target1.02 (13.71%)

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)5.26%

EPS NQ rev (1m)N/A

EPS NQ rev (3m)N/A

EPS NY rev (1m)0%

EPS NY rev (3m)-23.53%

Revenue NQ rev (1m)N/A

Revenue NQ rev (3m)N/A

Revenue NY rev (1m)0%

Revenue NY rev (3m)-7.16%

Valuation

		Industry Rank	Sector Rank
PE	N/A
Fwd PE	N/A
P/S	0.67
P/FCF	6.76
P/OCF	7.17
P/B	0.62
P/tB	N/A
EV/EBITDA	2.7

EPS(TTM)-1.09

EYN/A

EPS(NY)-0.04

Fwd EYN/A

FCF(TTM)0.13

FCFY14.79%

OCF(TTM)0.13

OCFY13.95%

SpS1.33

BVpS1.45

TBVpS-0.13

PEG (NY)N/A

PEG (5Y)N/A

Graham NumberN/A

Profitability

		Industry Rank	Sector Rank
ROA	-35.93%
ROE	-68.17%
ROCE	N/A
ROIC	N/A
ROICexc	N/A
ROICexgc	N/A
OM	N/A
PM (TTM)	N/A
GM	59.89%
FCFM	9.98%

ROA(3y)N/A

ROA(5y)N/A

ROE(3y)N/A

ROE(5y)N/A

ROIC(3y)N/A

ROIC(5y)N/A

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 3YN/A

OM growth 5YN/A

PM growth 3YN/A

PM growth 5YN/A

GM growth 3Y2.64%

GM growth 5Y1.02%

F-Score4

Asset Turnover0.48

Health

		Industry Rank	Sector Rank
Debt/Equity	0.37
Debt/FCF	4.88
Debt/EBITDA	1.13
Cap/Depr	N/A
Cap/Sales	N/A
Interest Coverage	N/A
Cash Conversion	26.62%
Profit Quality	N/A
Current Ratio	1.25
Quick Ratio	0.66
Altman-Z	-0.54

F-Score4

WACC7.74%

ROIC/WACCN/A

Cap/Depr(3y)43.76%

Cap/Depr(5y)71.05%

Cap/Sales(3y)5.57%

Cap/Sales(5y)6.41%

Profit Quality(3y)N/A

Profit Quality(5y)N/A

High Growth Momentum

Growth

EPS 1Y (TTM)-329.74%

EPS 3YN/A

EPS 5YN/A

EPS Q2Q%-95.7%

EPS Next Y27.59%

EPS Next 2Y36.46%

EPS Next 3Y29.04%

EPS Next 5YN/A

Revenue 1Y (TTM)-64.61%

Revenue growth 3Y-2.17%

Revenue growth 5Y-10.33%

Sales Q2Q%-23.78%

Revenue Next Year-8.2%

Revenue Next 2Y6.69%

Revenue Next 3Y8.04%

Revenue Next 5YN/A

EBIT growth 1Y-39.97%

EBIT growth 3YN/A

EBIT growth 5YN/A

EBIT Next Year72.18%

EBIT Next 3Y37.73%

EBIT Next 5YN/A

FCF growth 1Y556.86%

FCF growth 3YN/A

FCF growth 5YN/A

OCF growth 1Y58.49%

OCF growth 3Y9.26%

OCF growth 5Y-27.19%

EUROTECH SPA / ETH.MI FAQ

What is the ChartMill fundamental rating of EUROTECH SPA (ETH.MI) stock?

ChartMill assigns a fundamental rating of 2 / 10 to ETH.MI.

Can you provide the valuation status for EUROTECH SPA?

ChartMill assigns a valuation rating of 3 / 10 to EUROTECH SPA (ETH.MI). This can be considered as Overvalued.

What is the profitability of ETH stock?

EUROTECH SPA (ETH.MI) has a profitability rating of 2 / 10.

What is the financial health of EUROTECH SPA (ETH.MI) stock?

The financial health rating of EUROTECH SPA (ETH.MI) is 2 / 10.

EUROTECH SPA (ETH.MI) Stock Fundamental Analysis

1. Profitability

1.1 Basic Checks

1.2 Ratios

1.3 Margins

More info and screens

2. Health

2.1 Basic Checks

2.2 Solvency

2.3 Liquidity

More info and screens

3. Growth

3.1 Past

3.2 Future

3.3 Evolution

More info and screens

4. Valuation

4.1 Price/Earnings Ratio

4.2 Price Multiples

4.3 Compensation for Growth

More info and screens

5. Dividend

5.1 Amount

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EUROTECH SPA / ETH.MI FAQ

What is the ChartMill fundamental rating of EUROTECH SPA (ETH.MI) stock?

Can you provide the valuation status for EUROTECH SPA?

What is the profitability of ETH stock?

What is the financial health of EUROTECH SPA (ETH.MI) stock?