MAPS SPA (MAPS.MI) Stock Fundamental Analysis
BIT:MAPS - Euronext Milan - IT0005364333 - Common Stock - Currency: EUR
Taking everything into account, MAPS scores 6 out of 10 in our fundamental rating. MAPS was compared to 100 industry peers in the Software industry. Both the profitability and the financial health of MAPS get a neutral evaluation. Nothing too spectacular is happening here. MAPS may be a bit undervalued, certainly considering the very reasonable score on growth These ratings would make MAPS suitable for value investing!
1. Profitability
1.1 Basic Checks
In the past year MAPS was profitable.
MAPS had a positive operating cash flow in the past year.
Each year in the past 5 years MAPS has been profitable.
Each year in the past 5 years MAPS had a positive operating cash flow.
1.2 Ratios
MAPS has a Return On Assets (3.47%) which is in line with its industry peers.
MAPS's Return On Equity of 7.36% is in line compared to the rest of the industry. MAPS outperforms 59.00% of its industry peers.
MAPS has a Return On Invested Capital of 7.56%. This is in the better half of the industry: MAPS outperforms 69.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MAPS is significantly below the industry average of 10.36%.
The last Return On Invested Capital (7.56%) for MAPS is above the 3 year average (5.29%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.47% | ||
| ROE | 7.36% | ||
| ROIC | 7.56% |
ROA(3y)3.32%
ROA(5y)3.66%
ROE(3y)8.11%
ROE(5y)9.49%
ROIC(3y)5.29%
ROIC(5y)4.69%
1.3 Margins
The Profit Margin of MAPS (6.36%) is better than 61.00% of its industry peers.
MAPS's Profit Margin has declined in the last couple of years.
MAPS's Operating Margin of 12.28% is fine compared to the rest of the industry. MAPS outperforms 67.00% of its industry peers.
In the last couple of years the Operating Margin of MAPS has remained more or less at the same level.
MAPS has a Gross Margin of 83.44%. This is in the better half of the industry: MAPS outperforms 80.00% of its industry peers.
In the last couple of years the Gross Margin of MAPS has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.28% | ||
| PM (TTM) | 6.36% | ||
| GM | 83.44% |
OM growth 3Y9.6%
OM growth 5Y0.31%
PM growth 3Y-15.7%
PM growth 5Y-12.24%
GM growth 3Y6.68%
GM growth 5Y1.59%
2. Health
2.1 Basic Checks
MAPS 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 MAPS remains at a similar level compared to 1 year ago.
MAPS has more shares outstanding than it did 5 years ago.
The debt/assets ratio for MAPS has been reduced compared to a year ago.
2.2 Solvency
MAPS has an Altman-Z score of 2.25. This is not the best score and indicates that MAPS is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.25, MAPS is in line with its industry, outperforming 46.00% of the companies in the same industry.
MAPS has a debt to FCF ratio of 3.61. This is a good value and a sign of high solvency as MAPS would need 3.61 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.61, MAPS is in the better half of the industry, outperforming 63.00% of the companies in the same industry.
A Debt/Equity ratio of 0.24 indicates that MAPS is not too dependend on debt financing.
MAPS's Debt to Equity ratio of 0.24 is in line compared to the rest of the industry. MAPS outperforms 55.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 3.61 | ||
| Altman-Z | 2.25 |
ROIC/WACC0.89
WACC8.53%
2.3 Liquidity
A Current Ratio of 1.75 indicates that MAPS should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.75, MAPS is doing good in the industry, outperforming 70.00% of the companies in the same industry.
MAPS has a Quick Ratio of 1.28. This is a normal value and indicates that MAPS is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.28, MAPS perfoms like the industry average, outperforming 55.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.75 | ||
| Quick Ratio | 1.28 |
3. Growth
3.1 Past
MAPS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 106.39%, which is quite impressive.
Measured over the past years, MAPS shows a decrease in Earnings Per Share. The EPS has been decreasing by -6.38% on average per year.
Looking at the last year, MAPS shows a decrease in Revenue. The Revenue has decreased by -4.78% in the last year.
The Revenue has been growing by 13.05% on average over the past years. This is quite good.
EPS 1Y (TTM)106.39%
EPS 3Y-11.01%
EPS 5Y-6.38%
EPS Q2Q%143.34%
Revenue 1Y (TTM)-4.78%
Revenue growth 3Y7.92%
Revenue growth 5Y13.05%
Sales Q2Q%-3.8%
3.2 Future
Based on estimates for the next years, MAPS will show a very strong growth in Earnings Per Share. The EPS will grow by 33.42% on average per year.
The Revenue is expected to grow by 9.15% on average over the next years. This is quite good.
EPS Next Y56.25%
EPS Next 2Y41.42%
EPS Next 3Y33.42%
EPS Next 5YN/A
Revenue Next Year11.22%
Revenue Next 2Y12.6%
Revenue Next 3Y12.1%
Revenue Next 5Y9.15%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
MAPS is valuated rather expensively with a Price/Earnings ratio of 21.31.
Compared to the rest of the industry, the Price/Earnings ratio of MAPS indicates a rather cheap valuation: MAPS is cheaper than 89.00% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.54, MAPS is valued a bit cheaper.
A Price/Forward Earnings ratio of 13.37 indicates a correct valuation of MAPS.
MAPS's Price/Forward Earnings ratio is rather cheap when compared to the industry. MAPS is cheaper than 89.00% of the companies in the same industry.
MAPS is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.44, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.31 | ||
| Fwd PE | 13.37 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MAPS is valued cheaper than 91.00% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, MAPS is valued cheaply inside the industry as 89.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.29 | ||
| EV/EBITDA | 7.16 |
4.3 Compensation for Growth
MAPS's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
MAPS has a very decent profitability rating, which may justify a higher PE ratio.
MAPS's earnings are expected to grow with 33.42% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.38
PEG (5Y)N/A
EPS Next 2Y41.42%
EPS Next 3Y33.42%
5. Dividend
5.1 Amount
MAPS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BIT:MAPS (7/14/2025, 7:00:00 PM)
3.41
-0.13 (-3.67%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners7.41%
Inst Owner ChangeN/A
Ins Owners50.83%
Ins Owner ChangeN/A
Market Cap45.28M
Analysts84.44
Price Target5.24 (53.67%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
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)2.67%
PT rev (3m)6.57%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)8.7%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.31 | ||
| Fwd PE | 13.37 | ||
| P/S | 1.52 | ||
| P/FCF | 12.29 | ||
| P/OCF | 6.33 | ||
| P/B | 1.76 | ||
| P/tB | 283.21 | ||
| EV/EBITDA | 7.16 |
EPS(TTM)0.16
EY4.69%
EPS(NY)0.26
Fwd EY7.48%
FCF(TTM)0.28
FCFY8.14%
OCF(TTM)0.54
OCFY15.79%
SpS2.24
BVpS1.94
TBVpS0.01
PEG (NY)0.38
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.47% | ||
| ROE | 7.36% | ||
| ROCE | 9.31% | ||
| ROIC | 7.56% | ||
| ROICexc | 9.01% | ||
| ROICexgc | 40.37% | ||
| OM | 12.28% | ||
| PM (TTM) | 6.36% | ||
| GM | 83.44% | ||
| FCFM | 12.38% |
ROA(3y)3.32%
ROA(5y)3.66%
ROE(3y)8.11%
ROE(5y)9.49%
ROIC(3y)5.29%
ROIC(5y)4.69%
ROICexc(3y)6.34%
ROICexc(5y)5.95%
ROICexgc(3y)24.88%
ROICexgc(5y)20.62%
ROCE(3y)6.51%
ROCE(5y)5.78%
ROICexcg growth 3Y27.03%
ROICexcg growth 5Y13.72%
ROICexc growth 3Y7.75%
ROICexc growth 5Y-2.25%
OM growth 3Y9.6%
OM growth 5Y0.31%
PM growth 3Y-15.7%
PM growth 5Y-12.24%
GM growth 3Y6.68%
GM growth 5Y1.59%
F-Score6
Asset Turnover0.55
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 3.61 | ||
| Debt/EBITDA | 0.85 | ||
| Cap/Depr | 95.63% | ||
| Cap/Sales | 11.63% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 98.22% | ||
| Profit Quality | 194.61% | ||
| Current Ratio | 1.75 | ||
| Quick Ratio | 1.28 | ||
| Altman-Z | 2.25 |
F-Score6
WACC8.53%
ROIC/WACC0.89
Cap/Depr(3y)208.63%
Cap/Depr(5y)241.55%
Cap/Sales(3y)22.2%
Cap/Sales(5y)26.14%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)106.39%
EPS 3Y-11.01%
EPS 5Y-6.38%
EPS Q2Q%143.34%
EPS Next Y56.25%
EPS Next 2Y41.42%
EPS Next 3Y33.42%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.78%
Revenue growth 3Y7.92%
Revenue growth 5Y13.05%
Sales Q2Q%-3.8%
Revenue Next Year11.22%
Revenue Next 2Y12.6%
Revenue Next 3Y12.1%
Revenue Next 5Y9.15%
EBIT growth 1Y150.21%
EBIT growth 3Y18.28%
EBIT growth 5Y13.4%
EBIT Next Year163.44%
EBIT Next 3Y54.95%
EBIT Next 5Y42.14%
FCF growth 1Y221.44%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y28.2%
OCF growth 3Y29.34%
OCF growth 5Y59.94%