FIERA MILANO SPA (FM.MI) Stock Fundamental Analysis
Europe - BIT:FM - IT0003365613 - Common Stock
7.34 EUR
+0.08 (+1.1%)
FM gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 67 industry peers in the Media industry. FM may be in some trouble as it scores bad on both profitability and health. FM has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
FM had positive earnings in the past year.
In the past year FM had a positive cash flow from operations.
In multiple years FM reported negative net income over the last 5 years.
FM had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
FM has a Return On Assets (1.23%) which is comparable to the rest of the industry.
With a Return On Equity value of 5.97%, FM perfoms like the industry average, outperforming 48.48% of the companies in the same industry.
With a Return On Invested Capital value of 4.75%, FM perfoms like the industry average, outperforming 45.45% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for FM is below the industry average of 7.85%.
The last Return On Invested Capital (4.75%) for FM is above the 3 year average (3.92%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.23% | ||
| ROE | 5.97% | ||
| ROIC | 4.75% |
ROA(3y)2.72%
ROA(5y)1.75%
ROE(3y)12.58%
ROE(5y)4.94%
ROIC(3y)3.92%
ROIC(5y)N/A
1.3 Margins
FM has a Profit Margin (2.24%) which is in line with its industry peers.
In the last couple of years the Profit Margin of FM has declined.
The Operating Margin of FM (7.14%) is comparable to the rest of the industry.
FM's Operating Margin has declined in the last couple of years.
FM's Gross Margin of 54.45% is in line compared to the rest of the industry. FM outperforms 51.52% of its industry peers.
In the last couple of years the Gross Margin of FM has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.14% | ||
| PM (TTM) | 2.24% | ||
| GM | 54.45% |
OM growth 3YN/A
OM growth 5Y-13.99%
PM growth 3Y-42.06%
PM growth 5Y-10.53%
GM growth 3Y3.78%
GM growth 5Y-3.18%
2. Health
2.1 Basic Checks
FM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, FM has less shares outstanding
Compared to 5 years ago, FM has about the same amount of shares outstanding.
Compared to 1 year ago, FM has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.35, we must say that FM is in the distress zone and has some risk of bankruptcy.
FM has a Altman-Z score of 1.35. This is comparable to the rest of the industry: FM outperforms 45.45% of its industry peers.
The Debt to FCF ratio of FM is 3.03, which is a good value as it means it would take FM, 3.03 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of FM (3.03) is better than 74.24% of its industry peers.
A Debt/Equity ratio of 2.01 is on the high side and indicates that FM has dependencies on debt financing.
With a Debt to Equity ratio value of 2.01, FM is not doing good in the industry: 78.79% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.01 | ||
| Debt/FCF | 3.03 | ||
| Altman-Z | 1.35 |
ROIC/WACC0.83
WACC5.7%
2.3 Liquidity
FM has a Current Ratio of 0.89. This is a bad value and indicates that FM is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.89, FM is not doing good in the industry: 60.61% of the companies in the same industry are doing better.
FM has a Quick Ratio of 0.89. This is a bad value and indicates that FM is not financially healthy enough and could expect problems in meeting its short term obligations.
FM has a Quick ratio (0.86) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
The earnings per share for FM have decreased strongly by -80.81% in the last year.
FM shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -10.93% yearly.
FM shows a decrease in Revenue. In the last year, the revenue decreased by -0.85%.
Measured over the past years, FM shows a decrease in Revenue. The Revenue has been decreasing by -0.47% on average per year.
EPS 1Y (TTM)-80.81%
EPS 3Y-23.61%
EPS 5Y-10.93%
EPS Q2Q%0.91%
Revenue 1Y (TTM)-0.85%
Revenue growth 3Y30.71%
Revenue growth 5Y-0.47%
Sales Q2Q%23.19%
3.2 Future
The Earnings Per Share is expected to grow by 48.32% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 3.18% on average over the next years.
EPS Next Y221.05%
EPS Next 2Y37.65%
EPS Next 3Y48.32%
EPS Next 5YN/A
Revenue Next Year37.88%
Revenue Next 2Y17.26%
Revenue Next 3Y14.08%
Revenue Next 5Y3.18%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
FM is valuated quite expensively with a Price/Earnings ratio of 56.46.
Based on the Price/Earnings ratio, FM is valued a bit more expensive than 62.12% of the companies in the same industry.
FM's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 25.89.
The Price/Forward Earnings ratio is 19.80, which indicates a rather expensive current valuation of FM.
FM's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 34.59. FM is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 56.46 | ||
| Fwd PE | 19.8 |
4.2 Price Multiples
60.61% of the companies in the same industry are cheaper than FM, based on the Enterprise Value to EBITDA ratio.
FM's Price/Free Cash Flow ratio is rather cheap when compared to the industry. FM is cheaper than 86.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.44 | ||
| EV/EBITDA | 8.91 |
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.
FM's earnings are expected to grow with 48.32% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.26
PEG (5Y)N/A
EPS Next 2Y37.65%
EPS Next 3Y48.32%
5. Dividend
5.1 Amount
FM has a Yearly Dividend Yield of 2.75%.
FM's Dividend Yield is a higher than the industry average which is at 6.17.
FM's Dividend Yield is comparable with the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.75% |
5.2 History
On average, the dividend of FM grows each year by 86.01%, which is quite nice.
Dividend Growth(5Y)86.01%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
154.46% of the earnings are spent on dividend by FM. This is not a sustainable payout ratio.
The dividend of FM is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP154.46%
EPS Next 2Y37.65%
EPS Next 3Y48.32%
BIT:FM (11/14/2025, 7:00:00 PM)
7.34
+0.08 (+1.1%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners9.31%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap527.89M
Revenue(TTM)410.42M
Net Income(TTM)9.21M
Analysts86.67
Price Target8.36 (13.9%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.75% |
Yearly Dividend0.14
Dividend Growth(5Y)86.01%
DP154.46%
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)17.14%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)1.67%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)4.9%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 56.46 | ||
| Fwd PE | 19.8 | ||
| P/S | 1.29 | ||
| P/FCF | 4.44 | ||
| P/OCF | 4.2 | ||
| P/B | 3.42 | ||
| P/tB | 11.97 | ||
| EV/EBITDA | 8.91 |
EPS(TTM)0.13
EY1.77%
EPS(NY)0.37
Fwd EY5.05%
FCF(TTM)1.65
FCFY22.53%
OCF(TTM)1.75
OCFY23.83%
SpS5.71
BVpS2.14
TBVpS0.61
PEG (NY)0.26
PEG (5Y)N/A
Graham Number2.5
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.23% | ||
| ROE | 5.97% | ||
| ROCE | 5.99% | ||
| ROIC | 4.75% | ||
| ROICexc | 6.95% | ||
| ROICexgc | 10.36% | ||
| OM | 7.14% | ||
| PM (TTM) | 2.24% | ||
| GM | 54.45% | ||
| FCFM | 28.98% |
ROA(3y)2.72%
ROA(5y)1.75%
ROE(3y)12.58%
ROE(5y)4.94%
ROIC(3y)3.92%
ROIC(5y)N/A
ROICexc(3y)5.12%
ROICexc(5y)N/A
ROICexgc(3y)7.06%
ROICexgc(5y)N/A
ROCE(3y)4.95%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y-7.85%
ROICexc growth 3YN/A
ROICexc growth 5Y-9.28%
OM growth 3YN/A
OM growth 5Y-13.99%
PM growth 3Y-42.06%
PM growth 5Y-10.53%
GM growth 3Y3.78%
GM growth 5Y-3.18%
F-Score6
Asset Turnover0.55
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.01 | ||
| Debt/FCF | 3.03 | ||
| Debt/EBITDA | 3.87 | ||
| Cap/Depr | 13.47% | ||
| Cap/Sales | 1.66% | ||
| Interest Coverage | 2.49 | ||
| Cash Conversion | 157.35% | ||
| Profit Quality | 1292.33% | ||
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 1.35 |
F-Score6
WACC5.7%
ROIC/WACC0.83
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)1.89%
Cap/Sales(5y)3.77%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-80.81%
EPS 3Y-23.61%
EPS 5Y-10.93%
EPS Q2Q%0.91%
EPS Next Y221.05%
EPS Next 2Y37.65%
EPS Next 3Y48.32%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.85%
Revenue growth 3Y30.71%
Revenue growth 5Y-0.47%
Sales Q2Q%23.19%
Revenue Next Year37.88%
Revenue Next 2Y17.26%
Revenue Next 3Y14.08%
Revenue Next 5Y3.18%
EBIT growth 1Y-52.83%
EBIT growth 3YN/A
EBIT growth 5Y-14.4%
EBIT Next Year372.87%
EBIT Next 3Y69.66%
EBIT Next 5YN/A
FCF growth 1Y93.93%
FCF growth 3Y-21.05%
FCF growth 5Y-9.2%
OCF growth 1Y92.1%
OCF growth 3Y-20.25%
OCF growth 5Y-9.22%
FIERA MILANO SPA / FM.MI FAQ
Can you provide the ChartMill fundamental rating for FIERA MILANO SPA?
ChartMill assigns a fundamental rating of 3 / 10 to FM.MI.
What is the valuation status for FM stock?
ChartMill assigns a valuation rating of 4 / 10 to FIERA MILANO SPA (FM.MI). This can be considered as Fairly Valued.
How profitable is FIERA MILANO SPA (FM.MI) stock?
FIERA MILANO SPA (FM.MI) has a profitability rating of 3 / 10.
What are the PE and PB ratios of FIERA MILANO SPA (FM.MI) stock?
The Price/Earnings (PE) ratio for FIERA MILANO SPA (FM.MI) is 56.46 and the Price/Book (PB) ratio is 3.42.
How financially healthy is FIERA MILANO SPA?
The financial health rating of FIERA MILANO SPA (FM.MI) is 3 / 10.