GENERALFINANCE SPA (GF.MI) Stock Fundamental Analysis
Europe - BIT:GF - IT0005144784 - Common Stock
20.1 EUR
0 (0%)
We assign a fundamental rating of 6 out of 10 to GF. GF was compared to 46 industry peers in the Financial Services industry. GF scores excellent on profitability, but there are some minor concerns on its financial health. GF is growing strongly while it also seems undervalued. This is an interesting combination
1. Profitability
1.1 Basic Checks
In the past year GF was profitable.
In the past year GF had a positive cash flow from operations.
GF had positive earnings in each of the past 5 years.
In multiple years GF reported negative operating cash flow during the last 5 years.
1.2 Ratios
GF has a Return On Assets of 4.71%. This is in the better half of the industry: GF outperforms 67.39% of its industry peers.
GF's Return On Equity of 37.43% is amongst the best of the industry. GF outperforms 84.78% of its industry peers.
GF's Return On Invested Capital of 4.88% is in line compared to the rest of the industry. GF outperforms 56.52% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for GF is significantly below the industry average of 10.94%.
The 3 year average ROIC (3.03%) for GF is below the current ROIC(4.88%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.71% | ||
| ROE | 37.43% | ||
| ROIC | 4.88% |
ROA(3y)2.74%
ROA(5y)2.67%
ROE(3y)22.73%
ROE(5y)24.28%
ROIC(3y)3.03%
ROIC(5y)2.96%
1.3 Margins
GF's Profit Margin of 38.58% is fine compared to the rest of the industry. GF outperforms 78.26% of its industry peers.
In the last couple of years the Profit Margin of GF has grown nicely.
GF has a Operating Margin of 57.99%. This is amongst the best in the industry. GF outperforms 82.61% of its industry peers.
GF's Operating Margin has improved in the last couple of years.
GF's Gross Margin of 90.85% is amongst the best of the industry. GF outperforms 89.13% of its industry peers.
GF's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 57.99% | ||
| PM (TTM) | 38.58% | ||
| GM | 90.85% |
OM growth 3Y4.07%
OM growth 5Y5.84%
PM growth 3Y4.03%
PM growth 5Y7.12%
GM growth 3Y0.97%
GM growth 5Y0.16%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so GF is destroying value.
GF has about the same amout of shares outstanding than it did 1 year ago.
GF has about the same amout of shares outstanding than it did 5 years ago.
Compared to 1 year ago, GF has a worse debt to assets ratio.
2.2 Solvency
GF has an Altman-Z score of 0.90. This is a bad value and indicates that GF is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of GF (0.90) is worse than 60.87% of its industry peers.
GF has a debt to FCF ratio of 20.16. This is a negative value and a sign of low solvency as GF would need 20.16 years to pay back of all of its debts.
With a Debt to FCF ratio value of 20.16, GF is not doing good in the industry: 69.57% of the companies in the same industry are doing better.
GF has a Debt/Equity ratio of 3.46. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 3.46, GF is not doing good in the industry: 82.61% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.46 | ||
| Debt/FCF | 20.16 | ||
| Altman-Z | 0.9 |
ROIC/WACC0.75
WACC6.54%
2.3 Liquidity
GF has a Current Ratio of 8.75. This indicates that GF is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 8.75, GF belongs to the top of the industry, outperforming 91.30% of the companies in the same industry.
GF has a Quick Ratio of 8.75. This indicates that GF is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of GF (8.75) is better than 91.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.75 | ||
| Quick Ratio | 8.75 |
3. Growth
3.1 Past
GF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 33.73%, which is quite impressive.
The Earnings Per Share has been growing by 38.19% on average over the past years. This is a very strong growth
GF shows a strong growth in Revenue. In the last year, the Revenue has grown by 32.64%.
Measured over the past years, GF shows a very strong growth in Revenue. The Revenue has been growing by 29.00% on average per year.
EPS 1Y (TTM)33.73%
EPS 3Y30.68%
EPS 5Y38.19%
EPS Q2Q%8.37%
Revenue 1Y (TTM)32.64%
Revenue growth 3Y25.63%
Revenue growth 5Y29%
Sales Q2Q%41.4%
3.2 Future
The Earnings Per Share is expected to grow by 16.81% on average over the next years. This is quite good.
Based on estimates for the next years, GF will show a quite strong growth in Revenue. The Revenue will grow by 18.98% on average per year.
EPS Next Y18.44%
EPS Next 2Y16.32%
EPS Next 3Y16.81%
EPS Next 5YN/A
Revenue Next Year17.03%
Revenue Next 2Y18.91%
Revenue Next 3Y18.98%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 7.94, the valuation of GF can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of GF indicates a somewhat cheap valuation: GF is cheaper than 76.09% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.30. GF is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 9.01 indicates a reasonable valuation of GF.
Based on the Price/Forward Earnings ratio, GF is valued a bit cheaper than the industry average as 76.09% of the companies are valued more expensively.
GF's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.73.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.94 | ||
| Fwd PE | 9.01 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GF is valued a bit cheaper than the industry average as 60.87% of the companies are valued more expensively.
The rest of the industry has a similar Price/Free Cash Flow ratio as GF.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.33 | ||
| EV/EBITDA | 8.76 |
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.
GF has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as GF's earnings are expected to grow with 16.81% in the coming years.
PEG (NY)0.43
PEG (5Y)0.21
EPS Next 2Y16.32%
EPS Next 3Y16.81%
5. Dividend
5.1 Amount
GF has a Yearly Dividend Yield of 4.46%, which is a nice return.
Compared to an average industry Dividend Yield of 3.52, GF pays a bit more dividend than its industry peers.
GF's Dividend Yield is rather good when compared to the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.46% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
GF pays out 23.31% of its income as dividend. This is a sustainable payout ratio.
DP23.31%
EPS Next 2Y16.32%
EPS Next 3Y16.81%
BIT:GF (9/12/2025, 7:00:00 PM)
20.1
0 (0%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners15.61%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap254.06M
Analysts86
Price Target18.21 (-9.4%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.46% |
Yearly Dividend0.59
Dividend Growth(5Y)N/A
DP23.31%
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)5.93%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)4.7%
EPS NY rev (3m)4.7%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.94 | ||
| Fwd PE | 9.01 | ||
| P/S | 3.06 | ||
| P/FCF | 17.33 | ||
| P/OCF | 14.25 | ||
| P/B | 2.97 | ||
| P/tB | 3.09 | ||
| EV/EBITDA | 8.76 |
EPS(TTM)2.53
EY12.59%
EPS(NY)2.23
Fwd EY11.09%
FCF(TTM)1.16
FCFY5.77%
OCF(TTM)1.41
OCFY7.02%
SpS6.56
BVpS6.76
TBVpS6.5
PEG (NY)0.43
PEG (5Y)0.21
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.71% | ||
| ROE | 37.43% | ||
| ROCE | 7.21% | ||
| ROIC | 4.88% | ||
| ROICexc | 5.88% | ||
| ROICexgc | 6% | ||
| OM | 57.99% | ||
| PM (TTM) | 38.58% | ||
| GM | 90.85% | ||
| FCFM | 17.69% |
ROA(3y)2.74%
ROA(5y)2.67%
ROE(3y)22.73%
ROE(5y)24.28%
ROIC(3y)3.03%
ROIC(5y)2.96%
ROICexc(3y)3.39%
ROICexc(5y)3.24%
ROICexgc(3y)3.42%
ROICexgc(5y)3.26%
ROCE(3y)4.48%
ROCE(5y)4.38%
ROICexcg growth 3Y6.06%
ROICexcg growth 5Y3.94%
ROICexc growth 3Y5.85%
ROICexc growth 5Y3.87%
OM growth 3Y4.07%
OM growth 5Y5.84%
PM growth 3Y4.03%
PM growth 5Y7.12%
GM growth 3Y0.97%
GM growth 5Y0.16%
F-Score4
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.46 | ||
| Debt/FCF | 20.16 | ||
| Debt/EBITDA | 5.94 | ||
| Cap/Depr | 185.31% | ||
| Cap/Sales | 3.81% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 35.8% | ||
| Profit Quality | 45.85% | ||
| Current Ratio | 8.75 | ||
| Quick Ratio | 8.75 | ||
| Altman-Z | 0.9 |
F-Score4
WACC6.54%
ROIC/WACC0.75
Cap/Depr(3y)128.37%
Cap/Depr(5y)131.84%
Cap/Sales(3y)3.9%
Cap/Sales(5y)4.49%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)33.73%
EPS 3Y30.68%
EPS 5Y38.19%
EPS Q2Q%8.37%
EPS Next Y18.44%
EPS Next 2Y16.32%
EPS Next 3Y16.81%
EPS Next 5YN/A
Revenue 1Y (TTM)32.64%
Revenue growth 3Y25.63%
Revenue growth 5Y29%
Sales Q2Q%41.4%
Revenue Next Year17.03%
Revenue Next 2Y18.91%
Revenue Next 3Y18.98%
Revenue Next 5YN/A
EBIT growth 1Y31.68%
EBIT growth 3Y30.75%
EBIT growth 5Y36.54%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y749.98%
FCF growth 3Y125.88%
FCF growth 5Y49.06%
OCF growth 1Y814.31%
OCF growth 3Y116.86%
OCF growth 5Y48.62%