PIAGGIO & C. S.P.A. (PIA.MI) Stock Fundamental Analysis
Europe - BIT:PIA - IT0003073266 - Common Stock
2.006 EUR
+0.02 (+0.96%)
PIA gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 31 industry peers in the Automobiles industry. PIA has an excellent profitability rating, but there are concerns on its financial health. PIA has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year PIA was profitable.
PIA had a positive operating cash flow in the past year.
Each year in the past 5 years PIA has been profitable.
Each year in the past 5 years PIA had a positive operating cash flow.
1.2 Ratios
PIA has a better Return On Assets (2.34%) than 70.97% of its industry peers.
PIA's Return On Equity of 11.04% is amongst the best of the industry. PIA outperforms 80.65% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.98%, PIA is in the better half of the industry, outperforming 74.19% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PIA is above the industry average of 6.94%.
| Industry Rank | Sector 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%
1.3 Margins
Looking at the Profit Margin, with a value of 2.89%, PIA is in the better half of the industry, outperforming 61.29% of the companies in the same industry.
PIA's Profit Margin has improved in the last couple of years.
PIA has a better Operating Margin (7.30%) than 80.65% of its industry peers.
In the last couple of years the Operating Margin of PIA has grown nicely.
PIA has a better Gross Margin (38.05%) than 87.10% of its industry peers.
PIA's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so PIA is still creating some value.
Compared to 1 year ago, PIA has about the same amount of shares outstanding.
PIA has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, PIA has a worse debt to assets ratio.
2.2 Solvency
PIA has an Altman-Z score of 1.30. This is a bad value and indicates that PIA is not financially healthy and even has some risk of bankruptcy.
PIA has a Altman-Z score of 1.30. This is comparable to the rest of the industry: PIA outperforms 58.06% 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.
With a Debt to Equity ratio value of 1.56, PIA is not doing good in the industry: 77.42% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.56 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.3 |
ROIC/WACC1.01
WACC6.92%
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 90.32% 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 87.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.4 |
3. Growth
3.1 Past
The earnings per share for PIA have decreased strongly by -42.09% in the last year.
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 -13.75% in the past year. This is quite bad
Measured over the past years, PIA shows a small growth in Revenue. The Revenue has been growing by 2.26% on average per year.
EPS 1Y (TTM)-42.09%
EPS 3Y4.11%
EPS 5Y7.71%
EPS Q2Q%-35.7%
Revenue 1Y (TTM)-13.75%
Revenue growth 3Y0.65%
Revenue growth 5Y2.26%
Sales Q2Q%-14.29%
3.2 Future
Based on estimates for the next years, PIA will show a small growth in Earnings Per Share. The EPS will grow by 3.42% on average per year.
Based on estimates for the next years, PIA will show a quite strong growth in Revenue. The Revenue will grow by 8.04% on average per year.
EPS Next Y-18.58%
EPS Next 2Y0.44%
EPS Next 3Y3.42%
EPS Next 5YN/A
Revenue Next Year-5.31%
Revenue Next 2Y-0.7%
Revenue Next 3Y0.57%
Revenue Next 5Y8.04%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 15.43 indicates a correct valuation of PIA.
Compared to the rest of the industry, the Price/Earnings ratio of PIA indicates a somewhat cheap valuation: PIA is cheaper than 61.29% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.08. PIA is valued slightly cheaper when compared to this.
PIA is valuated reasonably with a Price/Forward Earnings ratio of 10.45.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PIA is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 23.09. PIA is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.43 | ||
| Fwd PE | 10.45 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PIA is valued a bit cheaper than 70.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 4.35 |
4.3 Compensation for Growth
The excellent profitability rating of PIA may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)2
EPS Next 2Y0.44%
EPS Next 3Y3.42%
5. Dividend
5.1 Amount
PIA has a Yearly Dividend Yield of 7.64%, which is a nice return.
PIA's Dividend Yield is rather good when compared to the industry average which is at 5.51. PIA pays more dividend than 96.77% of the companies in the same industry.
PIA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.64% |
5.2 History
On average, the dividend of PIA grows each year by 6.13%, which is quite nice.
Dividend Growth(5Y)6.13%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
121.22% of the earnings are spent on dividend by PIA. 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 2Y0.44%
EPS Next 3Y3.42%
BIT:PIA (10/28/2025, 5:29:54 PM)
2.006
+0.02 (+0.96%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners12.54%
Inst Owner ChangeN/A
Ins Owners0.07%
Ins Owner ChangeN/A
Market Cap711.39M
Revenue(TTM)1.56B
Net Income(TTM)45.24M
Analysts72.73
Price Target2.35 (17.15%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.64% |
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)-0.31%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-24.96%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-6.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.43 | ||
| Fwd PE | 10.45 | ||
| P/S | 0.45 | ||
| P/FCF | N/A | ||
| P/OCF | 6.67 | ||
| P/B | 1.74 | ||
| P/tB | N/A | ||
| EV/EBITDA | 4.35 |
EPS(TTM)0.13
EY6.48%
EPS(NY)0.19
Fwd EY9.57%
FCF(TTM)-0.21
FCFYN/A
OCF(TTM)0.3
OCFY15%
SpS4.41
BVpS1.16
TBVpS-1.07
PEG (NY)N/A
PEG (5Y)2
Graham Number1.84
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 1.3 |
F-ScoreN/A
WACC6.92%
ROIC/WACC1.01
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)-42.09%
EPS 3Y4.11%
EPS 5Y7.71%
EPS Q2Q%-35.7%
EPS Next Y-18.58%
EPS Next 2Y0.44%
EPS Next 3Y3.42%
EPS Next 5YN/A
Revenue 1Y (TTM)-13.75%
Revenue growth 3Y0.65%
Revenue growth 5Y2.26%
Sales Q2Q%-14.29%
Revenue Next Year-5.31%
Revenue Next 2Y-0.7%
Revenue Next 3Y0.57%
Revenue Next 5Y8.04%
EBIT growth 1Y-31.97%
EBIT growth 3Y8.92%
EBIT growth 5Y5.91%
EBIT Next Year77.92%
EBIT Next 3Y24.91%
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.
Can you provide the valuation status for PIAGGIO & C. S.P.A.?
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 is the expected EPS growth for PIAGGIO & C. S.P.A. (PIA.MI) stock?
The Earnings per Share (EPS) of PIAGGIO & C. S.P.A. (PIA.MI) is expected to decline by -18.58% in the next year.
Can you provide the dividend sustainability for PIA stock?
The dividend rating of PIAGGIO & C. S.P.A. (PIA.MI) is 6 / 10 and the dividend payout ratio is 121.22%.