SECO SPA (IOT.MI) Fundamental Analysis & Valuation

BIT:IOT • IT0005438046

2.645 EUR
-0.04 (-1.67%)
Last: Mar 4, 2026, 05:29 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership

This IOT.MI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to IOT. IOT was compared to 30 industry peers in the Technology Hardware, Storage & Peripherals industry. IOT scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. IOT is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

3

1. IOT.MI Profitability Analysis

1.1 Basic Checks

  • In the past year IOT has reported negative net income.
  • In the past year IOT had a positive cash flow from operations.
  • IOT had positive earnings in 4 of the past 5 years.
  • Each year in the past 5 years IOT had a positive operating cash flow.
IOT.MI Yearly Net Income VS EBIT VS OCF VS FCFIOT.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 0 10M -10M 20M -20M 30M

1.2 Ratios

  • The Return On Assets of IOT (-3.27%) is worse than 66.67% of its industry peers.
  • The Return On Equity of IOT (-5.80%) is worse than 60.00% of its industry peers.
Industry RankSector Rank
ROA -3.27%
ROE -5.8%
ROIC N/A
ROA(3y)0.05%
ROA(5y)0.92%
ROE(3y)0.49%
ROE(5y)2.71%
ROIC(3y)N/A
ROIC(5y)N/A
IOT.MI Yearly ROA, ROE, ROICIOT.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10

1.3 Margins

  • IOT has a Gross Margin of 45.44%. This is in the better half of the industry: IOT outperforms 73.33% of its industry peers.
  • In the last couple of years the Gross Margin of IOT has grown nicely.
  • The Profit Margin and Operating Margin are not available for IOT so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 45.44%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.54%
GM growth 5Y2.57%
IOT.MI Yearly Profit, Operating, Gross MarginsIOT.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024 0 20 40

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. IOT.MI Health Analysis

2.1 Basic Checks

  • IOT does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • The number of shares outstanding for IOT remains at a similar level compared to 1 year ago.
  • IOT has more shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, IOT has an improved debt to assets ratio.
IOT.MI Yearly Shares OutstandingIOT.MI Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
IOT.MI Yearly Total Debt VS Total AssetsIOT.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M

2.2 Solvency

  • An Altman-Z score of 1.97 indicates that IOT is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 1.97, IOT is in line with its industry, outperforming 53.33% of the companies in the same industry.
  • IOT has a debt to FCF ratio of 4.86. This is a neutral value as IOT would need 4.86 years to pay back of all of its debts.
  • IOT has a better Debt to FCF ratio (4.86) than 63.33% of its industry peers.
  • A Debt/Equity ratio of 0.38 indicates that IOT is not too dependend on debt financing.
  • IOT has a Debt to Equity ratio (0.38) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 0.38
Debt/FCF 4.86
Altman-Z 1.97
ROIC/WACCN/A
WACC7.98%
IOT.MI Yearly LT Debt VS Equity VS FCFIOT.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M 200M 250M

2.3 Liquidity

  • A Current Ratio of 2.79 indicates that IOT has no problem at all paying its short term obligations.
  • With an excellent Current ratio value of 2.79, IOT belongs to the best of the industry, outperforming 86.67% of the companies in the same industry.
  • A Quick Ratio of 1.75 indicates that IOT should not have too much problems paying its short term obligations.
  • IOT has a better Quick ratio (1.75) than 86.67% of its industry peers.
Industry RankSector Rank
Current Ratio 2.79
Quick Ratio 1.75
IOT.MI Yearly Current Assets VS Current LiabilitesIOT.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. IOT.MI Growth Analysis

3.1 Past

  • The earnings per share for IOT have decreased strongly by -100.00% in the last year.
  • Looking at the last year, IOT shows a decrease in Revenue. The Revenue has decreased by -0.98% in the last year.
  • IOT shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 22.90% yearly.
EPS 1Y (TTM)-100%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%131.54%
Revenue 1Y (TTM)-0.98%
Revenue growth 3Y17.79%
Revenue growth 5Y22.9%
Sales Q2Q%9%

3.2 Future

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • The Revenue is expected to grow by 21.80% on average over the next years. This is a very strong growth
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year9.14%
Revenue Next 2Y10.07%
Revenue Next 3Y10.67%
Revenue Next 5Y21.8%

3.3 Evolution

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
IOT.MI Yearly Revenue VS EstimatesIOT.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 200M 400M 600M
IOT.MI Yearly EPS VS EstimatesIOT.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 0 0.05 0.1 0.15

More info and screens

Find the best growth stocksShow best growing peers

2

4. IOT.MI Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Forward Earnings ratio of 23.24, the valuation of IOT can be described as rather expensive.
  • IOT's Price/Forward Earnings ratio is in line with the industry average.
  • IOT is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 24.95, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE N/A
Fwd PE 23.24
IOT.MI Price Earnings VS Forward Price EarningsIOT.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of IOT indicates a somewhat cheap valuation: IOT is cheaper than 66.67% of the companies listed in the same industry.
  • IOT's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. IOT is cheaper than 73.33% of the companies in the same industry.
Industry RankSector Rank
P/FCF 14.28
EV/EBITDA 14.96
IOT.MI Per share dataIOT.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0.5 1 1.5 2

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. IOT.MI Dividend Analysis

5.1 Amount

  • IOT does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

IOT.MI Fundamentals: All Metrics, Ratios and Statistics

SECO SPA

BIT:IOT (3/4/2026, 5:29:32 PM)

2.645

-0.04 (-1.67%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)09-08
Earnings (Next)N/A
Inst Owners10.16%
Inst Owner ChangeN/A
Ins Owners8.14%
Ins Owner ChangeN/A
Market Cap351.84M
Revenue(TTM)281.77M
Net Income(TTM)-16.02M
Analysts80
Price Target4.44 (67.86%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly Dividend0.02
Dividend Growth(5Y)N/A
DP-1.01%
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)0
Avg Revenue beat(2)-5.46%
Min Revenue beat(2)-9.7%
Max Revenue beat(2)-1.22%
Revenue beat(4)0
Avg Revenue beat(4)-4.1%
Min Revenue beat(4)-9.7%
Max Revenue beat(4)-1.22%
Revenue beat(8)1
Avg Revenue beat(8)-8.51%
Revenue beat(12)2
Avg Revenue beat(12)0.74%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)18.37%
PT rev (3m)18.37%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)5.35%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.29%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 23.24
P/S 1.25
P/FCF 14.28
P/OCF 11.54
P/B 1.27
P/tB 20.21
EV/EBITDA 14.96
EPS(TTM)0
EYN/A
EPS(NY)0.11
Fwd EY4.3%
FCF(TTM)0.19
FCFY7%
OCF(TTM)0.23
OCFY8.66%
SpS2.12
BVpS2.08
TBVpS0.13
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -3.27%
ROE -5.8%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 45.44%
FCFM 8.74%
ROA(3y)0.05%
ROA(5y)0.92%
ROE(3y)0.49%
ROE(5y)2.71%
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 3Y0.54%
GM growth 5Y2.57%
F-Score5
Asset Turnover0.57
Health
Industry RankSector Rank
Debt/Equity 0.38
Debt/FCF 4.86
Debt/EBITDA 3.83
Cap/Depr 19.17%
Cap/Sales 2.07%
Interest Coverage N/A
Cash Conversion 110.82%
Profit Quality N/A
Current Ratio 2.79
Quick Ratio 1.75
Altman-Z 1.97
F-Score5
WACC7.98%
ROIC/WACCN/A
Cap/Depr(3y)17.6%
Cap/Depr(5y)19.92%
Cap/Sales(3y)2.06%
Cap/Sales(5y)1.95%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-100%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%131.54%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-0.98%
Revenue growth 3Y17.79%
Revenue growth 5Y22.9%
Sales Q2Q%9%
Revenue Next Year9.14%
Revenue Next 2Y10.07%
Revenue Next 3Y10.67%
Revenue Next 5Y21.8%
EBIT growth 1Y-132.48%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year2769.2%
EBIT Next 3Y242.16%
EBIT Next 5Y161.49%
FCF growth 1Y78.24%
FCF growth 3Y37.06%
FCF growth 5YN/A
OCF growth 1Y38.98%
OCF growth 3Y36.85%
OCF growth 5Y80.88%

SECO SPA / IOT.MI FAQ

Can you provide the ChartMill fundamental rating for SECO SPA?

ChartMill assigns a fundamental rating of 4 / 10 to IOT.MI.


Can you provide the valuation status for SECO SPA?

ChartMill assigns a valuation rating of 2 / 10 to SECO SPA (IOT.MI). This can be considered as Overvalued.


How profitable is SECO SPA (IOT.MI) stock?

SECO SPA (IOT.MI) has a profitability rating of 3 / 10.