PIQUADRO SPA (PQ.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:PQ - IT0004240443 - Common Stock
2.51 EUR
+0.01 (+0.4%)
We assign a fundamental rating of 5 out of 10 to PQ. PQ was compared to 51 industry peers in the Textiles, Apparel & Luxury Goods industry. PQ scores excellent on profitability, but there are some minor concerns on its financial health. PQ has a correct valuation and a medium growth rate. Finally PQ also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- In the past year PQ was profitable.
- In the past year PQ had a positive cash flow from operations.
- Of the past 5 years PQ 4 years were profitable.
- PQ had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- PQ has a better Return On Assets (6.13%) than 62.75% of its industry peers.
- With a decent Return On Equity value of 16.83%, PQ is doing good in the industry, outperforming 60.78% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 12.19%, PQ is in the better half of the industry, outperforming 72.55% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for PQ is in line with the industry average of 11.80%.
- The last Return On Invested Capital (12.19%) for PQ is above the 3 year average (10.53%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.13% | ||
| ROE | 16.83% | ||
| ROIC | 12.19% |
ROA(3y)5.12%
ROA(5y)2.89%
ROE(3y)14.58%
ROE(5y)8.03%
ROIC(3y)10.53%
ROIC(5y)N/A
1.3 Margins
- Looking at the Profit Margin, with a value of 6.31%, PQ is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
- PQ's Profit Margin has improved in the last couple of years.
- PQ has a Operating Margin of 9.11%. This is comparable to the rest of the industry: PQ outperforms 52.94% of its industry peers.
- PQ's Operating Margin has improved in the last couple of years.
- With an excellent Gross Margin value of 81.09%, PQ belongs to the best of the industry, outperforming 94.12% of the companies in the same industry.
- In the last couple of years the Gross Margin of PQ has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.11% | ||
| PM (TTM) | 6.31% | ||
| GM | 81.09% |
OM growth 3Y11.14%
OM growth 5YN/A
PM growth 3Y28.49%
PM growth 5YN/A
GM growth 3Y0.09%
GM growth 5Y0.91%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), PQ is creating some value.
- The number of shares outstanding for PQ has been reduced compared to 1 year ago.
- PQ has less shares outstanding than it did 5 years ago.
- The debt/assets ratio for PQ is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 2.61 indicates that PQ is not a great score, but indicates only limited risk for bankruptcy at the moment.
- With a Altman-Z score value of 2.61, PQ perfoms like the industry average, outperforming 52.94% of the companies in the same industry.
- The Debt to FCF ratio of PQ is 13.00, which is on the high side as it means it would take PQ, 13.00 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of PQ (13.00) is comparable to the rest of the industry.
- A Debt/Equity ratio of 0.32 indicates that PQ is not too dependend on debt financing.
- PQ's Debt to Equity ratio of 0.32 is fine compared to the rest of the industry. PQ outperforms 70.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 13 | ||
| Altman-Z | 2.61 |
ROIC/WACC1.65
WACC7.37%
2.3 Liquidity
- A Current Ratio of 1.41 indicates that PQ should not have too much problems paying its short term obligations.
- With a Current ratio value of 1.41, PQ is not doing good in the industry: 60.78% of the companies in the same industry are doing better.
- PQ has a Quick Ratio of 1.41. This is a bad value and indicates that PQ is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 0.92, PQ is in line with its industry, outperforming 58.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.41 | ||
| Quick Ratio | 0.92 |
3. Growth
3.1 Past
- PQ shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.28%.
- PQ shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 38.82% yearly.
- PQ shows a small growth in Revenue. In the last year, the Revenue has grown by 1.20%.
- PQ shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.82% yearly.
EPS 1Y (TTM)4.28%
EPS 3Y38.82%
EPS 5YN/A
EPS Q2Q%3.03%
Revenue 1Y (TTM)1.2%
Revenue growth 3Y7.11%
Revenue growth 5Y3.82%
Sales Q2Q%0.74%
3.2 Future
- PQ is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.54% yearly.
- Based on estimates for the next years, PQ will show a small growth in Revenue. The Revenue will grow by 5.29% on average per year.
EPS Next Y9.17%
EPS Next 2Y4.49%
EPS Next 3Y4.27%
EPS Next 5Y7.54%
Revenue Next Year6.08%
Revenue Next 2Y5.76%
Revenue Next 3Y5.56%
Revenue Next 5Y5.29%
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.
- 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 10.04 indicates a reasonable valuation of PQ.
- Based on the Price/Earnings ratio, PQ is valued cheaper than 94.12% of the companies in the same industry.
- PQ's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.33.
- PQ is valuated reasonably with a Price/Forward Earnings ratio of 9.37.
- PQ's Price/Forward Earnings ratio is rather cheap when compared to the industry. PQ is cheaper than 92.16% of the companies in the same industry.
- PQ's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.12.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.04 | ||
| Fwd PE | 9.37 |
4.2 Price Multiples
- PQ's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. PQ is cheaper than 66.67% of the companies in the same industry.
- The rest of the industry has a similar Price/Free Cash Flow ratio as PQ.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.38 | ||
| EV/EBITDA | 7.43 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- The decent profitability rating of PQ may justify a higher PE ratio.
PEG (NY)1.09
PEG (5Y)N/A
EPS Next 2Y4.49%
EPS Next 3Y4.27%
5. Dividend
5.1 Amount
- PQ has a Yearly Dividend Yield of 5.93%, which is a nice return.
- Compared to an average industry Dividend Yield of 1.94, PQ pays a better dividend. On top of this PQ pays more dividend than 94.12% of the companies listed in the same industry.
- PQ's Dividend Yield is rather good when compared to the S&P500 average which is at 1.91.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.93% |
5.2 History
- The dividend of PQ is nicely growing with an annual growth rate of 12.94%!
Dividend Growth(5Y)12.94%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- PQ pays out 60.43% of its income as dividend. This is not a sustainable payout ratio.
- PQ's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP60.43%
EPS Next 2Y4.49%
EPS Next 3Y4.27%
BIT:PQ (1/13/2026, 12:16:18 PM)
2.51
+0.01 (+0.4%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)11-20 2025-11-20
Earnings (Next)06-15 2026-06-15
Inst Owners16.15%
Inst Owner ChangeN/A
Ins Owners68.4%
Ins Owner ChangeN/A
Market Cap125.50M
Revenue(TTM)184.26M
Net Income(TTM)11.58M
Analysts84.44
Price Target3.73 (48.61%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.93% |
Yearly Dividend0.15
Dividend Growth(5Y)12.94%
DP60.43%
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)4%
EPS NY rev (3m)4%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.89%
Revenue NY rev (3m)-0.89%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.04 | ||
| Fwd PE | 9.37 | ||
| P/S | 0.68 | ||
| P/FCF | 27.38 | ||
| P/OCF | 13.48 | ||
| P/B | 1.82 | ||
| P/tB | 2.03 | ||
| EV/EBITDA | 7.43 |
EPS(TTM)0.25
EY9.96%
EPS(NY)0.27
Fwd EY10.67%
FCF(TTM)0.09
FCFY3.65%
OCF(TTM)0.19
OCFY7.42%
SpS3.67
BVpS1.38
TBVpS1.24
PEG (NY)1.09
PEG (5Y)N/A
Graham Number2.78
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.13% | ||
| ROE | 16.83% | ||
| ROCE | 16.45% | ||
| ROIC | 12.19% | ||
| ROICexc | 17.94% | ||
| ROICexgc | 19.95% | ||
| OM | 9.11% | ||
| PM (TTM) | 6.31% | ||
| GM | 81.09% | ||
| FCFM | 2.5% |
ROA(3y)5.12%
ROA(5y)2.89%
ROE(3y)14.58%
ROE(5y)8.03%
ROIC(3y)10.53%
ROIC(5y)N/A
ROICexc(3y)16.85%
ROICexc(5y)N/A
ROICexgc(3y)18.83%
ROICexgc(5y)N/A
ROCE(3y)14.22%
ROCE(5y)N/A
ROICexgc growth 3Y19.86%
ROICexgc growth 5YN/A
ROICexc growth 3Y19.88%
ROICexc growth 5YN/A
OM growth 3Y11.14%
OM growth 5YN/A
PM growth 3Y28.49%
PM growth 5YN/A
GM growth 3Y0.09%
GM growth 5Y0.91%
F-Score6
Asset Turnover0.97
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 13 | ||
| Debt/EBITDA | 1.06 | ||
| Cap/Depr | 124.33% | ||
| Cap/Sales | 2.57% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 45.37% | ||
| Profit Quality | 39.56% | ||
| Current Ratio | 1.41 | ||
| Quick Ratio | 0.92 | ||
| Altman-Z | 2.61 |
F-Score6
WACC7.37%
ROIC/WACC1.65
Cap/Depr(3y)55.41%
Cap/Depr(5y)46.35%
Cap/Sales(3y)2.12%
Cap/Sales(5y)2.74%
Profit Quality(3y)156.75%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)4.28%
EPS 3Y38.82%
EPS 5YN/A
EPS Q2Q%3.03%
EPS Next Y9.17%
EPS Next 2Y4.49%
EPS Next 3Y4.27%
EPS Next 5Y7.54%
Revenue 1Y (TTM)1.2%
Revenue growth 3Y7.11%
Revenue growth 5Y3.82%
Sales Q2Q%0.74%
Revenue Next Year6.08%
Revenue Next 2Y5.76%
Revenue Next 3Y5.56%
Revenue Next 5Y5.29%
EBIT growth 1Y5.62%
EBIT growth 3Y19.04%
EBIT growth 5YN/A
EBIT Next Year20.13%
EBIT Next 3Y14.55%
EBIT Next 5Y13.53%
FCF growth 1Y-62.22%
FCF growth 3Y-37.63%
FCF growth 5Y-3.16%
OCF growth 1Y-40.05%
OCF growth 3Y-28.95%
OCF growth 5Y2.08%
PIQUADRO SPA / PQ.MI FAQ
What is the fundamental rating for PQ stock?
ChartMill assigns a fundamental rating of 5 / 10 to PQ.MI.
What is the valuation status of PIQUADRO SPA (PQ.MI) stock?
ChartMill assigns a valuation rating of 6 / 10 to PIQUADRO SPA (PQ.MI). This can be considered as Fairly Valued.
Can you provide the profitability details for PIQUADRO SPA?
PIQUADRO SPA (PQ.MI) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for PQ stock?
The Price/Earnings (PE) ratio for PIQUADRO SPA (PQ.MI) is 10.04 and the Price/Book (PB) ratio is 1.82.
Is the dividend of PIQUADRO SPA sustainable?
The dividend rating of PIQUADRO SPA (PQ.MI) is 7 / 10 and the dividend payout ratio is 60.43%.