MASI AGRICOLA SPA (MASI.MI) Stock Fundamental Analysis
Europe • Euronext Milan • BIT:MASI • IT0004125677
4.44 EUR
+0.09 (+2.07%)
Last: Dec 4, 2025, 07:00 PM
MASI gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 28 industry peers in the Beverages industry. While MASI seems to be doing ok healthwise, there are quite some concerns on its profitability. While showing a medium growth rate, MASI is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
- In the past year MASI has reported negative net income.
- In the past year MASI had a positive cash flow from operations.
- Of the past 5 years MASI 4 years were profitable.
- MASI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- With a Return On Assets value of -0.60%, MASI is not doing good in the industry: 89.66% of the companies in the same industry are doing better.
- Looking at the Return On Equity, with a value of -0.92%, MASI is doing worse than 89.66% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 1.05%, MASI is doing worse than 93.10% of the companies in the same industry.
- MASI had an Average Return On Invested Capital over the past 3 years of 1.64%. This is significantly below the industry average of 7.85%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.6% | ||
| ROE | -0.92% | ||
| ROIC | 1.05% |
ROA(3y)0.6%
ROA(5y)0.99%
ROE(3y)0.94%
ROE(5y)1.53%
ROIC(3y)1.64%
ROIC(5y)1.76%
1.3 Margins
- Looking at the Operating Margin, with a value of 3.58%, MASI is doing worse than 89.66% of the companies in the same industry.
- In the last couple of years the Operating Margin of MASI has declined.
- Looking at the Gross Margin, with a value of 61.56%, MASI belongs to the top of the industry, outperforming 89.66% of the companies in the same industry.
- MASI's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.58% | ||
| PM (TTM) | N/A | ||
| GM | 61.56% |
OM growth 3Y-38.82%
OM growth 5Y-24.94%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.45%
GM growth 5Y-1.52%
2. Health
2.1 Basic Checks
- MASI 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 MASI remains at a similar level compared to 1 year ago.
- Compared to 5 years ago, MASI has about the same amount of shares outstanding.
- MASI has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 2.22 indicates that MASI is not a great score, but indicates only limited risk for bankruptcy at the moment.
- The Altman-Z score of MASI (2.22) is comparable to the rest of the industry.
- The Debt to FCF ratio of MASI is 8.44, which is on the high side as it means it would take MASI, 8.44 years of fcf income to pay off all of its debts.
- MASI has a Debt to FCF ratio (8.44) which is in line with its industry peers.
- A Debt/Equity ratio of 0.24 indicates that MASI is not too dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.24, MASI belongs to the top of the industry, outperforming 89.66% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 8.44 | ||
| Altman-Z | 2.22 |
ROIC/WACC0.16
WACC6.67%
2.3 Liquidity
- MASI has a Current Ratio of 1.51. This is a normal value and indicates that MASI is financially healthy and should not expect problems in meeting its short term obligations.
- With a Current ratio value of 1.51, MASI perfoms like the industry average, outperforming 55.17% of the companies in the same industry.
- MASI has a Quick Ratio of 1.51. This is a bad value and indicates that MASI is not financially healthy enough and could expect problems in meeting its short term obligations.
- MASI has a Quick ratio of 0.63. This is comparable to the rest of the industry: MASI outperforms 55.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.51 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
- The Earnings Per Share has been growing slightly by 6.31% over the past year.
- The Revenue has been growing slightly by 3.83% in the past year.
- Measured over the past years, MASI shows a small growth in Revenue. The Revenue has been growing by 0.59% on average per year.
EPS 1Y (TTM)6.31%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-150%
Revenue 1Y (TTM)3.83%
Revenue growth 3Y0.23%
Revenue growth 5Y0.59%
Sales Q2Q%-2.96%
3.2 Future
- The Earnings Per Share is expected to grow by 115.44% on average over the next years. This is a very strong growth
- MASI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.23% yearly.
EPS Next Y0%
EPS Next 2Y123.61%
EPS Next 3Y115.44%
EPS Next 5YN/A
Revenue Next Year2.26%
Revenue Next 2Y4.92%
Revenue Next 3Y6.23%
Revenue Next 5YN/A
3.3 Evolution
- 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
- MASI reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
- A Price/Forward Earnings ratio of 87.06 indicates a quite expensive valuation of MASI.
- Based on the Price/Forward Earnings ratio, MASI is valued more expensive than 89.66% of the companies in the same industry.
- MASI is valuated expensively when we compare the Price/Forward Earnings ratio to 25.51, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 87.06 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, MASI is valued more expensive than 93.10% of the companies in the same industry.
- MASI's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. MASI is more expensive than 68.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.46 | ||
| EV/EBITDA | 27.38 |
4.3 Compensation for Growth
- MASI's earnings are expected to grow with 115.44% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y123.61%
EPS Next 3Y115.44%
5. Dividend
5.1 Amount
- MASI has a Yearly Dividend Yield of 1.34%.
- MASI's Dividend Yield is slightly below the industry average, which is at 2.78.
- MASI's Dividend Yield is slightly below the S&P500 average, which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.34% |
5.2 History
- The dividend of MASI decreases each year by -19.73%.
Dividend Growth(5Y)-19.73%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- MASI has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-84.37%
EPS Next 2Y123.61%
EPS Next 3Y115.44%
BIT:MASI (12/4/2025, 7:00:00 PM)
4.44
+0.09 (+2.07%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)12-05 2025-12-05
Earnings (Next)03-04 2026-03-04
Inst OwnersN/A
Inst Owner ChangeN/A
Ins Owners82.49%
Ins Owner ChangeN/A
Market Cap142.75M
Revenue(TTM)65.95M
Net Income(TTM)-1.20M
Analysts42.22
Price Target3.98 (-10.36%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.34% |
Yearly Dividend0.03
Dividend Growth(5Y)-19.73%
DP-84.37%
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)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
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 | N/A | ||
| Fwd PE | 87.06 | ||
| P/S | 2.16 | ||
| P/FCF | 25.46 | ||
| P/OCF | 9.86 | ||
| P/B | 1.09 | ||
| P/tB | 1.24 | ||
| EV/EBITDA | 27.38 |
EPS(TTM)-0.04
EYN/A
EPS(NY)0.05
Fwd EY1.15%
FCF(TTM)0.17
FCFY3.93%
OCF(TTM)0.45
OCFY10.14%
SpS2.05
BVpS4.06
TBVpS3.58
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.6% | ||
| ROE | -0.92% | ||
| ROCE | 1.4% | ||
| ROIC | 1.05% | ||
| ROICexc | 1.09% | ||
| ROICexgc | 1.2% | ||
| OM | 3.58% | ||
| PM (TTM) | N/A | ||
| GM | 61.56% | ||
| FCFM | 8.5% |
ROA(3y)0.6%
ROA(5y)0.99%
ROE(3y)0.94%
ROE(5y)1.53%
ROIC(3y)1.64%
ROIC(5y)1.76%
ROICexc(3y)1.91%
ROICexc(5y)2.06%
ROICexgc(3y)2.12%
ROICexgc(5y)2.3%
ROCE(3y)2.18%
ROCE(5y)2.35%
ROICexgc growth 3Y-38.73%
ROICexgc growth 5Y-24.66%
ROICexc growth 3Y-38.71%
ROICexc growth 5Y-24.64%
OM growth 3Y-38.82%
OM growth 5Y-24.94%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.45%
GM growth 5Y-1.52%
F-Score6
Asset Turnover0.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 8.44 | ||
| Debt/EBITDA | 4.75 | ||
| Cap/Depr | 204.07% | ||
| Cap/Sales | 13.45% | ||
| Interest Coverage | 0.93 | ||
| Cash Conversion | 215.81% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.51 | ||
| Quick Ratio | 0.63 | ||
| Altman-Z | 2.22 |
F-Score6
WACC6.67%
ROIC/WACC0.16
Cap/Depr(3y)220.83%
Cap/Depr(5y)194.9%
Cap/Sales(3y)13.68%
Cap/Sales(5y)12.5%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)6.31%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-150%
EPS Next Y0%
EPS Next 2Y123.61%
EPS Next 3Y115.44%
EPS Next 5YN/A
Revenue 1Y (TTM)3.83%
Revenue growth 3Y0.23%
Revenue growth 5Y0.59%
Sales Q2Q%-2.96%
Revenue Next Year2.26%
Revenue Next 2Y4.92%
Revenue Next 3Y6.23%
Revenue Next 5YN/A
EBIT growth 1Y195.5%
EBIT growth 3Y-38.68%
EBIT growth 5Y-24.49%
EBIT Next Year148.49%
EBIT Next 3Y55.47%
EBIT Next 5YN/A
FCF growth 1Y145.56%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y306.59%
OCF growth 3Y-39.33%
OCF growth 5Y-24.01%
MASI AGRICOLA SPA / MASI.MI FAQ
What is the fundamental rating for MASI stock?
ChartMill assigns a fundamental rating of 3 / 10 to MASI.MI.
Can you provide the valuation status for MASI AGRICOLA SPA?
ChartMill assigns a valuation rating of 1 / 10 to MASI AGRICOLA SPA (MASI.MI). This can be considered as Overvalued.
Can you provide the profitability details for MASI AGRICOLA SPA?
MASI AGRICOLA SPA (MASI.MI) has a profitability rating of 2 / 10.
Can you provide the financial health for MASI stock?
The financial health rating of MASI AGRICOLA SPA (MASI.MI) is 4 / 10.