FIERA MILANO SPA (FM.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:FM - IT0003365613 - Common Stock
7.93 EUR
+0.03 (+0.38%)
FM gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 68 industry peers in the Media industry. FM may be in some trouble as it scores bad on both profitability and health. FM is valued correctly, but it does not seem to be growing.
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.
In multiple years FM reported negative net income over the last 5 years.
Of the past 5 years FM 4 years had a positive operating cash flow.
1.2 Ratios
FM's Return On Assets of 1.23% is in line compared to the rest of the industry. FM outperforms 40.30% of its industry peers.
Looking at the Return On Equity, with a value of 5.97%, FM is in line with its industry, outperforming 46.27% of the companies in the same industry.
FM has a Return On Invested Capital (4.75%) which is in line with its industry peers.
FM had an Average Return On Invested Capital over the past 3 years of 3.92%. This is below the industry average of 8.03%.
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 has a Profit Margin (2.24%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of FM has declined.
With a Operating Margin value of 7.14%, FM perfoms like the industry average, outperforming 52.24% of the companies in the same industry.
FM's Operating Margin has declined in the last couple of years.
The Gross Margin of FM (54.45%) is comparable to the rest of the 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.
The number of shares outstanding for FM has been reduced compared to 1 year ago.
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
FM has an Altman-Z score of 1.40. This is a bad value and indicates that FM is not financially healthy and even has some risk of bankruptcy.
FM has a Altman-Z score (1.40) which is comparable to the rest of the industry.
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.
FM has a Debt to FCF ratio of 3.03. This is in the better half of the industry: FM outperforms 73.13% 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.
FM's Debt to Equity ratio of 2.01 is on the low side compared to the rest of the industry. FM is outperformed by 73.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.01 | ||
| Debt/FCF | 3.03 | ||
| Altman-Z | 1.4 |
ROIC/WACC0.83
WACC5.74%
2.3 Liquidity
A Current Ratio of 0.89 indicates that FM may have some problems paying its short term obligations.
FM has a Current ratio (0.89) which is in line with its industry peers.
A Quick Ratio of 0.86 indicates that FM may have some problems paying 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
FM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -80.81%.
Measured over the past years, FM shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -10.93% on average per year.
The Revenue has decreased by -0.85% in the past year.
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.
FM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.18% yearly.
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 61.00, which means the current valuation is very expensive for FM.
Compared to the rest of the industry, the Price/Earnings ratio of FM indicates a slightly more expensive valuation: FM is more expensive than 62.69% of the companies listed in the same industry.
FM is valuated expensively when we compare the Price/Earnings ratio to 26.34, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 20.26 indicates a rather expensive valuation of FM.
FM's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. FM is more expensive than 62.69% of the companies in the same industry.
FM is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.56, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 61 | ||
| Fwd PE | 20.26 |
4.2 Price Multiples
FM's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. FM is more expensive than 65.67% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, FM is valued cheaply inside the industry as 85.07% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.79 | ||
| EV/EBITDA | 9.49 |
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)0.25
PEG (5Y)N/A
EPS Next 2Y41.42%
EPS Next 3Y49.9%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.53%, FM has a reasonable but not impressive dividend return.
FM's Dividend Yield is comparable with the industry average which is at 6.03.
Compared to an average S&P500 Dividend Yield of 2.31, FM has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.53% |
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 2Y41.42%
EPS Next 3Y49.9%
BIT:FM (12/8/2025, 7:00:00 PM)
7.93
+0.03 (+0.38%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners9.14%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap570.33M
Revenue(TTM)410.42M
Net Income(TTM)9.21M
Analysts86.67
Price Target8.87 (11.85%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.53% |
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)6.1%
PT rev (3m)24.29%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)6.56%
EPS NY rev (3m)6.56%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)1.68%
Revenue NY rev (3m)1.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 61 | ||
| Fwd PE | 20.26 | ||
| P/S | 1.39 | ||
| P/FCF | 4.79 | ||
| P/OCF | 4.53 | ||
| P/B | 3.7 | ||
| P/tB | 12.93 | ||
| EV/EBITDA | 9.49 |
EPS(TTM)0.13
EY1.64%
EPS(NY)0.39
Fwd EY4.94%
FCF(TTM)1.65
FCFY20.86%
OCF(TTM)1.75
OCFY22.05%
SpS5.71
BVpS2.14
TBVpS0.61
PEG (NY)0.25
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 | 1.4 |
F-Score6
WACC5.74%
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 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.
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 61 and the Price/Book (PB) ratio is 3.7.
How financially healthy is FIERA MILANO SPA?
The financial health rating of FIERA MILANO SPA (FM.MI) is 3 / 10.