GROWENS SPA (GROW.MI) Stock Fundamental Analysis

BIT:GROW • IT0005040354

2.57 EUR
-0.05 (-1.91%)
Last: Feb 27, 2026, 07:00 PM
Fundamental Rating

3

Overall GROW gets a fundamental rating of 3 out of 10. We evaluated GROW against 112 industry peers in the Software industry. While GROW seems to be doing ok healthwise, there are quite some concerns on its profitability. GROW has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

  • GROW had negative earnings in the past year.
  • In the past year GROW has reported a negative cash flow from operations.
  • In multiple years GROW reported negative net income over the last 5 years.
  • The reported operating cash flow has been mixed in the past 5 years: GROW reported negative operating cash flow in multiple years.
GROW.MI Yearly Net Income VS EBIT VS OCF VS FCFGROW.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M 40M

1.2 Ratios

  • With a Return On Assets value of -5.31%, GROW is not doing good in the industry: 69.64% of the companies in the same industry are doing better.
  • Looking at the Return On Equity, with a value of -9.78%, GROW is doing worse than 66.07% of the companies in the same industry.
Industry RankSector Rank
ROA -5.31%
ROE -9.78%
ROIC N/A
ROA(3y)20.87%
ROA(5y)12.86%
ROE(3y)26.81%
ROE(5y)17.18%
ROIC(3y)N/A
ROIC(5y)N/A
GROW.MI Yearly ROA, ROE, ROICGROW.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60 80 100

1.3 Margins

  • Looking at the Gross Margin, with a value of 24.47%, GROW is doing worse than 81.25% of the companies in the same industry.
  • In the last couple of years the Gross Margin of GROW has declined.
  • GROW does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 24.47%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-9.85%
GM growth 5Y-2.53%
GROW.MI Yearly Profit, Operating, Gross MarginsGROW.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60

4

2. Health

2.1 Basic Checks

  • GROW does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • GROW has about the same amout of shares outstanding than it did 1 year ago.
  • GROW has less shares outstanding than it did 5 years ago.
  • The debt/assets ratio for GROW is higher compared to a year ago.
GROW.MI Yearly Shares OutstandingGROW.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M
GROW.MI Yearly Total Debt VS Total AssetsGROW.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M

2.2 Solvency

  • An Altman-Z score of 2.84 indicates that GROW is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • GROW's Altman-Z score of 2.84 is in line compared to the rest of the industry. GROW outperforms 56.25% of its industry peers.
  • GROW has a Debt/Equity ratio of 0.05. This is a healthy value indicating a solid balance between debt and equity.
  • GROW's Debt to Equity ratio of 0.05 is fine compared to the rest of the industry. GROW outperforms 75.89% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.05
Debt/FCF N/A
Altman-Z 2.84
ROIC/WACCN/A
WACC8.19%
GROW.MI Yearly LT Debt VS Equity VS FCFGROW.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M 40M

2.3 Liquidity

  • GROW has a Current Ratio of 1.44. This is a normal value and indicates that GROW is financially healthy and should not expect problems in meeting its short term obligations.
  • The Current ratio of GROW (1.44) is comparable to the rest of the industry.
  • A Quick Ratio of 1.44 indicates that GROW should not have too much problems paying its short term obligations.
  • With a Quick ratio value of 1.44, GROW perfoms like the industry average, outperforming 56.25% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.44
Quick Ratio 1.44
GROW.MI Yearly Current Assets VS Current LiabilitesGROW.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M

3

3. Growth

3.1 Past

  • GROW shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -104.98%.
  • The Revenue has decreased by -3.41% in the past year.
  • GROW shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.14% yearly.
EPS 1Y (TTM)-104.98%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-30.28%
Revenue 1Y (TTM)-3.41%
Revenue growth 3Y1.48%
Revenue growth 5Y4.14%
Sales Q2Q%-1.99%

3.2 Future

  • Based on estimates for the next years, GROW will show a very strong growth in Earnings Per Share. The EPS will grow by 31.04% on average per year.
  • GROW is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.36% yearly.
EPS Next Y56.25%
EPS Next 2Y47.9%
EPS Next 3Y31.04%
EPS Next 5YN/A
Revenue Next Year-2.7%
Revenue Next 2Y0.88%
Revenue Next 3Y2.36%
Revenue Next 5YN/A

3.3 Evolution

  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
GROW.MI Yearly Revenue VS EstimatesGROW.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 20M 40M 60M 80M 100M
GROW.MI Yearly EPS VS EstimatesGROW.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.5 1 1.5

1

4. Valuation

4.1 Price/Earnings Ratio

  • GROW reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • Based on the Price/Forward Earnings ratio of 83.99, the valuation of GROW can be described as expensive.
  • 63.39% of the companies in the same industry are cheaper than GROW, based on the Price/Forward Earnings ratio.
  • GROW's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 28.06.
Industry RankSector Rank
PE N/A
Fwd PE 83.99
GROW.MI Price Earnings VS Forward Price EarningsGROW.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 40 60 80

4.2 Price Multiples

  • GROW's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. GROW is more expensive than 68.75% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 72.98
GROW.MI Per share dataGROW.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 2 3 4

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • A more expensive valuation may be justified as GROW's earnings are expected to grow with 31.04% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y47.9%
EPS Next 3Y31.04%

5

5. Dividend

5.1 Amount

  • GROW has a Yearly Dividend Yield of 14.50%, which is a nice return.
  • GROW's Dividend Yield is rather good when compared to the industry average which is at 0.74. GROW pays more dividend than 100.00% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.83, GROW pays a better dividend.
Industry RankSector Rank
Dividend Yield 14.5%

5.2 History

Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • The earnings of GROW are negative and hence is the payout ratio. GROW will probably not be able to sustain this dividend level.
DP-358.76%
EPS Next 2Y47.9%
EPS Next 3Y31.04%
GROW.MI Yearly Income VS Free CF VS DividendGROW.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M 40M

GROWENS SPA

BIT:GROW (2/27/2026, 7:00:00 PM)

2.57

-0.05 (-1.91%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)N/A
Earnings (Next)N/A
Inst Owners3.96%
Inst Owner ChangeN/A
Ins Owners51.06%
Ins Owner ChangeN/A
Market Cap39.55M
Revenue(TTM)73.73M
Net Income(TTM)-3.05M
Analysts82.86
Price Target4.23 (64.59%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 14.5%
Yearly Dividend1.58
Dividend Growth(5Y)N/A
DP-358.76%
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)-3.49%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)30%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-5.12%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 83.99
P/S 0.54
P/FCF N/A
P/OCF N/A
P/B 1.27
P/tB 2.48
EV/EBITDA 72.98
EPS(TTM)-0.23
EYN/A
EPS(NY)0.03
Fwd EY1.19%
FCF(TTM)-0.28
FCFYN/A
OCF(TTM)-0.03
OCFYN/A
SpS4.79
BVpS2.03
TBVpS1.04
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -5.31%
ROE -9.78%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 24.47%
FCFM N/A
ROA(3y)20.87%
ROA(5y)12.86%
ROE(3y)26.81%
ROE(5y)17.18%
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 3Y-9.85%
GM growth 5Y-2.53%
F-Score4
Asset Turnover1.28
Health
Industry RankSector Rank
Debt/Equity 0.05
Debt/FCF N/A
Debt/EBITDA 4.98
Cap/Depr 94.94%
Cap/Sales 5.26%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.44
Quick Ratio 1.44
Altman-Z 2.84
F-Score4
WACC8.19%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-104.98%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-30.28%
EPS Next Y56.25%
EPS Next 2Y47.9%
EPS Next 3Y31.04%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.41%
Revenue growth 3Y1.48%
Revenue growth 5Y4.14%
Sales Q2Q%-1.99%
Revenue Next Year-2.7%
Revenue Next 2Y0.88%
Revenue Next 3Y2.36%
Revenue Next 5YN/A
EBIT growth 1Y21.76%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year126.01%
EBIT Next 3Y33.14%
EBIT Next 5YN/A
FCF growth 1Y-56.46%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-117.14%
OCF growth 3YN/A
OCF growth 5YN/A

GROWENS SPA / GROW.MI FAQ

What is the fundamental rating for GROW stock?

ChartMill assigns a fundamental rating of 3 / 10 to GROW.MI.


What is the valuation status of GROWENS SPA (GROW.MI) stock?

ChartMill assigns a valuation rating of 1 / 10 to GROWENS SPA (GROW.MI). This can be considered as Overvalued.


Can you provide the profitability details for GROWENS SPA?

GROWENS SPA (GROW.MI) has a profitability rating of 1 / 10.


What is the earnings growth outlook for GROWENS SPA?

The Earnings per Share (EPS) of GROWENS SPA (GROW.MI) is expected to grow by 56.25% in the next year.