FIERA MILANO SPA (FM.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:FM - IT0003365613 - Common Stock
7.32 EUR
0 (0%)
Overall FM gets a fundamental rating of 3 out of 10. We evaluated FM against 67 industry peers in the Media industry. Both the profitability and financial health of FM have multiple concerns. 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
- In the past year FM was profitable.
- In the past year FM had a positive cash flow from operations.
- The reported net income has been mixed in the past 5 years: FM reported negative net income in multiple years.
- FM had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- FM's Return On Assets of 1.23% is in line compared to the rest of the industry. FM outperforms 42.42% of its industry peers.
- FM has a Return On Equity (5.97%) which is in line with its industry peers.
- With a Return On Invested Capital value of 4.75%, FM perfoms like the industry average, outperforming 43.94% 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 7.95%.
- The 3 year average ROIC (3.92%) for FM is below the current ROIC(4.75%), indicating increased profibility in the last year.
| 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's Profit Margin of 2.24% is in line compared to the rest of the industry. FM outperforms 46.97% of its industry peers.
- FM's Profit Margin has declined in the last couple of years.
- The Operating Margin of FM (7.14%) is comparable to the rest of the industry.
- In the last couple of years the Operating Margin of FM has declined.
- Looking at the Gross Margin, with a value of 54.45%, FM is in line with its industry, outperforming 56.06% of the companies in the same industry.
- FM's Gross Margin has declined in the last couple of years.
| 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.
- The debt/assets ratio for FM has been reduced compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 1.36, we must say that FM is in the distress zone and has some risk of bankruptcy.
- FM has a Altman-Z score of 1.36. This is comparable to the rest of the industry: FM outperforms 43.94% of its industry peers.
- FM has a debt to FCF ratio of 3.03. This is a good value and a sign of high solvency as FM would need 3.03 years to pay back of all of its debts.
- The Debt to FCF ratio of FM (3.03) is better than 74.24% of its industry peers.
- FM has a Debt/Equity ratio of 2.01. This is a high value indicating a heavy dependency on external financing.
- With a Debt to Equity ratio value of 2.01, FM is not doing good in the industry: 74.24% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.01 | ||
| Debt/FCF | 3.03 | ||
| Altman-Z | 1.36 |
ROIC/WACC0.84
WACC5.64%
2.3 Liquidity
- A Current Ratio of 0.89 indicates that FM may have some problems paying its short term obligations.
- With a Current ratio value of 0.89, FM perfoms like the industry average, outperforming 42.42% of the companies in the same industry.
- 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 comparable to the rest of the industry.
| 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%.
- The Revenue has been decreasing by -0.47% on average over the past years.
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
- Based on estimates for the next years, FM will show a very strong growth in Earnings Per Share. The EPS will grow by 49.90% on average per year.
- The Revenue is expected to grow by 3.18% on average over the next years.
EPS Next Y242.11%
EPS Next 2Y41.42%
EPS Next 3Y49.9%
EPS Next 5YN/A
Revenue Next Year40.19%
Revenue Next 2Y17.74%
Revenue Next 3Y14.33%
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 56.31.
- Based on the Price/Earnings ratio, FM is valued a bit more expensive than 63.64% 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 27.47.
- A Price/Forward Earnings ratio of 18.70 indicates a rather expensive valuation of FM.
- FM's Price/Forward Earnings ratio is in line with the industry average.
- FM's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.26.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 56.31 | ||
| Fwd PE | 18.7 |
4.2 Price Multiples
- FM's Enterprise Value to EBITDA ratio is in line with the industry average.
- 90.91% of the companies in the same industry are more expensive than FM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.43 | ||
| EV/EBITDA | 8.97 |
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.
- A more expensive valuation may be justified as FM's earnings are expected to grow with 49.90% in the coming years.
PEG (NY)0.23
PEG (5Y)N/A
EPS Next 2Y41.42%
EPS Next 3Y49.9%
5. Dividend
5.1 Amount
- FM has a Yearly Dividend Yield of 2.62%.
- FM's Dividend Yield is comparable with the industry average which is at 3.27.
- Compared to an average S&P500 Dividend Yield of 1.89, FM pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.62% |
5.2 History
- The dividend of FM is nicely growing with an annual growth rate of 86.01%!
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.
- FM's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP154.46%
EPS Next 2Y41.42%
EPS Next 3Y49.9%
BIT:FM (1/16/2026, 7:00:00 PM)
7.32
0 (0%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)11-13 2025-11-13
Earnings (Next)03-10 2026-03-10
Inst Owners9.06%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap526.45M
Revenue(TTM)410.42M
Net Income(TTM)9.21M
Analysts86.67
Price Target8.87 (21.17%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.62% |
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)6.1%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)6.56%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 56.31 | ||
| Fwd PE | 18.7 | ||
| P/S | 1.28 | ||
| P/FCF | 4.43 | ||
| P/OCF | 4.19 | ||
| P/B | 3.41 | ||
| P/tB | 11.93 | ||
| EV/EBITDA | 8.97 |
EPS(TTM)0.13
EY1.78%
EPS(NY)0.39
Fwd EY5.35%
FCF(TTM)1.65
FCFY22.6%
OCF(TTM)1.75
OCFY23.89%
SpS5.71
BVpS2.14
TBVpS0.61
PEG (NY)0.23
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 | 1.36 |
F-Score6
WACC5.64%
ROIC/WACC0.84
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 Y242.11%
EPS Next 2Y41.42%
EPS Next 3Y49.9%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.85%
Revenue growth 3Y30.71%
Revenue growth 5Y-0.47%
Sales Q2Q%23.19%
Revenue Next Year40.19%
Revenue Next 2Y17.74%
Revenue Next 3Y14.33%
Revenue Next 5Y3.18%
EBIT growth 1Y-52.83%
EBIT growth 3YN/A
EBIT growth 5Y-14.4%
EBIT Next Year385.29%
EBIT Next 3Y70.24%
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.
Can you provide the valuation status for FIERA MILANO SPA?
ChartMill assigns a valuation rating of 5 / 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.
Can you provide the financial health for FM stock?
The financial health rating of FIERA MILANO SPA (FM.MI) is 3 / 10.
Is the dividend of FIERA MILANO SPA sustainable?
The dividend rating of FIERA MILANO SPA (FM.MI) is 3 / 10 and the dividend payout ratio is 154.46%.