PIAGGIO & C. S.P.A. (PIA.MI) Stock Fundamental Analysis

BIT:PIA • IT0003073266

1.739 EUR
+0 (+0.17%)
Last: Feb 13, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

4

PIA gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 32 industry peers in the Automobiles industry. PIA scores excellent on profitability, but there are concerns on its financial health. PIA has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • In the past year PIA was profitable.
  • In the past year PIA had a positive cash flow from operations.
  • PIA had positive earnings in each of the past 5 years.
  • PIA had a positive operating cash flow in each of the past 5 years.
PIA.MI Yearly Net Income VS EBIT VS OCF VS FCFPIA.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 50M 100M 150M 200M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 2.34%, PIA is in line with its industry, outperforming 59.38% of the companies in the same industry.
  • PIA's Return On Equity of 11.04% is amongst the best of the industry. PIA outperforms 87.50% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 6.98%, PIA belongs to the top of the industry, outperforming 84.38% of the companies in the same industry.
  • PIA had an Average Return On Invested Capital over the past 3 years of 10.61%. This is above the industry average of 6.16%.
Industry RankSector Rank
ROA 2.34%
ROE 11.04%
ROIC 6.98%
ROA(3y)4.26%
ROA(5y)3.59%
ROE(3y)19.42%
ROE(5y)16.31%
ROIC(3y)10.61%
ROIC(5y)8.94%
PIA.MI Yearly ROA, ROE, ROICPIA.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20

1.3 Margins

  • With a decent Profit Margin value of 2.89%, PIA is doing good in the industry, outperforming 62.50% of the companies in the same industry.
  • PIA's Profit Margin has improved in the last couple of years.
  • PIA has a Operating Margin of 7.30%. This is amongst the best in the industry. PIA outperforms 87.50% of its industry peers.
  • PIA's Operating Margin has improved in the last couple of years.
  • Looking at the Gross Margin, with a value of 38.05%, PIA belongs to the top of the industry, outperforming 84.38% of the companies in the same industry.
  • PIA's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 7.3%
PM (TTM) 2.89%
GM 38.05%
OM growth 3Y8.22%
OM growth 5Y3.57%
PM growth 3Y3.16%
PM growth 5Y5.16%
GM growth 3Y1.33%
GM growth 5Y-0.36%
PIA.MI Yearly Profit, Operating, Gross MarginsPIA.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. Health

2.1 Basic Checks

  • PIA has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • Compared to 1 year ago, PIA has about the same amount of shares outstanding.
  • The number of shares outstanding for PIA has been reduced compared to 5 years ago.
  • The debt/assets ratio for PIA is higher compared to a year ago.
PIA.MI Yearly Shares OutstandingPIA.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M
PIA.MI Yearly Total Debt VS Total AssetsPIA.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.2 Solvency

  • Based on the Altman-Z score of 1.27, we must say that PIA is in the distress zone and has some risk of bankruptcy.
  • PIA has a Altman-Z score of 1.27. This is comparable to the rest of the industry: PIA outperforms 56.25% of its industry peers.
  • A Debt/Equity ratio of 1.56 is on the high side and indicates that PIA has dependencies on debt financing.
  • PIA has a worse Debt to Equity ratio (1.56) than 78.13% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.56
Debt/FCF N/A
Altman-Z 1.27
ROIC/WACC0.98
WACC7.13%
PIA.MI Yearly LT Debt VS Equity VS FCFPIA.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M 300M 400M 500M

2.3 Liquidity

  • PIA has a Current Ratio of 0.78. This is a bad value and indicates that PIA is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 0.78, PIA is doing worse than 87.50% of the companies in the same industry.
  • PIA has a Quick Ratio of 0.78. This is a bad value and indicates that PIA is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Quick ratio of PIA (0.40) is worse than 87.50% of its industry peers.
Industry RankSector Rank
Current Ratio 0.78
Quick Ratio 0.4
PIA.MI Yearly Current Assets VS Current LiabilitesPIA.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

More info and screens

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

2

3. Growth

3.1 Past

  • PIA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -45.46%.
  • PIA shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.71% yearly.
  • The Revenue for PIA has decreased by -10.26% in the past year. This is quite bad
  • PIA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.26% yearly.
EPS 1Y (TTM)-45.46%
EPS 3Y4.11%
EPS 5Y7.71%
EPS Q2Q%-84.56%
Revenue 1Y (TTM)-10.26%
Revenue growth 3Y0.65%
Revenue growth 5Y2.26%
Sales Q2Q%-4.11%

3.2 Future

  • The Earnings Per Share is expected to grow by 0.06% on average over the next years.
  • The Revenue is expected to grow by 0.23% on average over the next years.
EPS Next Y-43.36%
EPS Next 2Y-8.6%
EPS Next 3Y0.06%
EPS Next 5YN/A
Revenue Next Year-9.01%
Revenue Next 2Y-2.16%
Revenue Next 3Y-0.31%
Revenue Next 5Y0.23%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • 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.
PIA.MI Yearly Revenue VS EstimatesPIA.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 500M 1B 1.5B 2B
PIA.MI Yearly EPS VS EstimatesPIA.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0.05 0.1 0.15 0.2 0.25

More info and screens

Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • PIA is valuated rather expensively with a Price/Earnings ratio of 17.39.
  • The rest of the industry has a similar Price/Earnings ratio as PIA.
  • Compared to an average S&P500 Price/Earnings ratio of 27.97, PIA is valued a bit cheaper.
  • Based on the Price/Forward Earnings ratio of 10.94, the valuation of PIA can be described as reasonable.
  • PIA's Price/Forward Earnings is on the same level as the industry average.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.96, PIA is valued rather cheaply.
Industry RankSector Rank
PE 17.39
Fwd PE 10.94
PIA.MI Price Earnings VS Forward Price EarningsPIA.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PIA indicates a somewhat cheap valuation: PIA is cheaper than 71.88% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 4.01
PIA.MI Per share dataPIA.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 -1 2 3 4

4.3 Compensation for Growth

  • PIA has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)2.25
EPS Next 2Y-8.6%
EPS Next 3Y0.06%

More info and screens

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

6

5. Dividend

5.1 Amount

  • PIA has a Yearly Dividend Yield of 8.66%, which is a nice return.
  • PIA's Dividend Yield is rather good when compared to the industry average which is at 3.37. PIA pays more dividend than 96.88% of the companies in the same industry.
  • PIA's Dividend Yield is rather good when compared to the S&P500 average which is at 1.79.
Industry RankSector Rank
Dividend Yield 8.66%

5.2 History

  • The dividend of PIA is nicely growing with an annual growth rate of 6.13%!
Dividend Growth(5Y)6.13%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • PIA pays out 121.22% of its income as dividend. This is not a sustainable payout ratio.
  • The dividend of PIA is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP121.22%
EPS Next 2Y-8.6%
EPS Next 3Y0.06%
PIA.MI Yearly Income VS Free CF VS DividendPIA.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 -20M 40M 60M 80M
PIA.MI Dividend Payout.PIA.MI Dividend Payout, showing the Payout Ratio.PIA.MI Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

PIAGGIO & C. S.P.A.

BIT:PIA (2/13/2026, 7:00:00 PM)

1.739

+0 (+0.17%)

Chartmill FA Rating
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)11-07
Earnings (Next)03-05
Inst Owners12.24%
Inst Owner ChangeN/A
Ins Owners0.07%
Ins Owner ChangeN/A
Market Cap616.70M
Revenue(TTM)1.55B
Net Income(TTM)45.24M
Analysts70.91
Price Target2.33 (33.99%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 8.66%
Yearly Dividend0.2
Dividend Growth(5Y)6.13%
DP121.22%
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)-2.14%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-4.27%
EPS NY rev (3m)-21.95%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.75%
Valuation
Industry RankSector Rank
PE 17.39
Fwd PE 10.94
P/S 0.39
P/FCF N/A
P/OCF 5.78
P/B 1.5
P/tB N/A
EV/EBITDA 4.01
EPS(TTM)0.1
EY5.75%
EPS(NY)0.16
Fwd EY9.14%
FCF(TTM)-0.21
FCFYN/A
OCF(TTM)0.3
OCFY17.3%
SpS4.41
BVpS1.16
TBVpS-1.07
PEG (NY)N/A
PEG (5Y)2.25
Graham Number1.61
Profitability
Industry RankSector Rank
ROA 2.34%
ROE 11.04%
ROCE 11.34%
ROIC 6.98%
ROICexc 8.28%
ROICexgc 51.5%
OM 7.3%
PM (TTM) 2.89%
GM 38.05%
FCFM N/A
ROA(3y)4.26%
ROA(5y)3.59%
ROE(3y)19.42%
ROE(5y)16.31%
ROIC(3y)10.61%
ROIC(5y)8.94%
ROICexc(3y)13.11%
ROICexc(5y)11.28%
ROICexgc(3y)153.51%
ROICexgc(5y)159.7%
ROCE(3y)16.26%
ROCE(5y)13.63%
ROICexgc growth 3Y-20.64%
ROICexgc growth 5Y3.95%
ROICexc growth 3Y1.94%
ROICexc growth 5Y2.81%
OM growth 3Y8.22%
OM growth 5Y3.57%
PM growth 3Y3.16%
PM growth 5Y5.16%
GM growth 3Y1.33%
GM growth 5Y-0.36%
F-ScoreN/A
Asset Turnover0.81
Health
Industry RankSector Rank
Debt/Equity 1.56
Debt/FCF N/A
Debt/EBITDA 2.46
Cap/Depr 124.38%
Cap/Sales 11.6%
Interest Coverage 2.7
Cash Conversion 41.04%
Profit Quality N/A
Current Ratio 0.78
Quick Ratio 0.4
Altman-Z 1.27
F-ScoreN/A
WACC7.13%
ROIC/WACC0.98
Cap/Depr(3y)118.47%
Cap/Depr(5y)120.04%
Cap/Sales(3y)8.74%
Cap/Sales(5y)9.23%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-45.46%
EPS 3Y4.11%
EPS 5Y7.71%
EPS Q2Q%-84.56%
EPS Next Y-43.36%
EPS Next 2Y-8.6%
EPS Next 3Y0.06%
EPS Next 5YN/A
Revenue 1Y (TTM)-10.26%
Revenue growth 3Y0.65%
Revenue growth 5Y2.26%
Sales Q2Q%-4.11%
Revenue Next Year-9.01%
Revenue Next 2Y-2.16%
Revenue Next 3Y-0.31%
Revenue Next 5Y0.23%
EBIT growth 1Y-31.97%
EBIT growth 3Y8.92%
EBIT growth 5Y5.91%
EBIT Next Year66.99%
EBIT Next 3Y23.75%
EBIT Next 5YN/A
FCF growth 1Y-181.32%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-53.74%
OCF growth 3Y-14%
OCF growth 5Y-7.75%

PIAGGIO & C. S.P.A. / PIA.MI FAQ

What is the fundamental rating for PIA stock?

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


What is the valuation status of PIAGGIO & C. S.P.A. (PIA.MI) stock?

ChartMill assigns a valuation rating of 4 / 10 to PIAGGIO & C. S.P.A. (PIA.MI). This can be considered as Fairly Valued.


What is the profitability of PIA stock?

PIAGGIO & C. S.P.A. (PIA.MI) has a profitability rating of 8 / 10.


What are the PE and PB ratios of PIAGGIO & C. S.P.A. (PIA.MI) stock?

The Price/Earnings (PE) ratio for PIAGGIO & C. S.P.A. (PIA.MI) is 17.39 and the Price/Book (PB) ratio is 1.5.


What is the earnings growth outlook for PIAGGIO & C. S.P.A.?

The Earnings per Share (EPS) of PIAGGIO & C. S.P.A. (PIA.MI) is expected to decline by -43.36% in the next year.