POSTE ITALIANE SPA (PST.MI) Stock Fundamental Analysis
BIT:PST - Euronext Milan - IT0003796171 - Common Stock - Currency: EUR
We assign a fundamental rating of 5 out of 10 to PST. PST was compared to 38 industry peers in the Insurance industry. While PST has a great profitability rating, there are quite some concerns on its financial health. PST is not valued too expensively and it also shows a decent growth rate. Finally PST also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year PST was profitable.
PST had a positive operating cash flow in the past year.
Each year in the past 5 years PST has been profitable.
Each year in the past 5 years PST had a positive operating cash flow.
1.2 Ratios
PST has a Return On Assets of 0.72%. This is in the lower half of the industry: PST underperforms 63.16% of its industry peers.
With a decent Return On Equity value of 17.22%, PST is doing good in the industry, outperforming 76.32% of the companies in the same industry.
PST's Return On Invested Capital of 1.00% is in line compared to the rest of the industry. PST outperforms 42.11% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PST is in line with the industry average of 2.18%.
The 3 year average ROIC (0.89%) for PST is below the current ROIC(1.00%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.72% | ||
| ROE | 17.22% | ||
| ROIC | 1% |
ROA(3y)0.68%
ROA(5y)0.61%
ROE(3y)18.66%
ROE(5y)16.11%
ROIC(3y)0.89%
ROIC(5y)0.76%
1.3 Margins
PST has a better Profit Margin (15.43%) than 84.21% of its industry peers.
In the last couple of years the Profit Margin of PST has grown nicely.
PST has a better Operating Margin (19.72%) than 84.21% of its industry peers.
In the last couple of years the Operating Margin of PST has grown nicely.
The Gross Margin of PST (72.33%) is better than 100.00% of its industry peers.
PST's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.72% | ||
| PM (TTM) | 15.43% | ||
| GM | 72.33% |
OM growth 3Y10.96%
OM growth 5Y31.66%
PM growth 3Y3.13%
PM growth 5Y30.15%
GM growth 3Y-2.09%
GM growth 5Y-5.18%
2. Health
2.1 Basic Checks
PST 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 PST remains at a similar level compared to 1 year ago.
The number of shares outstanding for PST has been reduced compared to 5 years ago.
PST has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.01, we must say that PST is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.01, PST is in the better half of the industry, outperforming 73.68% of the companies in the same industry.
PST has a debt to FCF ratio of 48.60. This is a negative value and a sign of low solvency as PST would need 48.60 years to pay back of all of its debts.
PST's Debt to FCF ratio of 48.60 is on the low side compared to the rest of the industry. PST is outperformed by 76.32% of its industry peers.
PST has a Debt/Equity ratio of 0.75. This is a neutral value indicating PST is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.75, PST is doing worse than 68.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 48.6 | ||
| Altman-Z | 0.01 |
ROIC/WACC0.3
WACC3.3%
2.3 Liquidity
A Current Ratio of 0.54 indicates that PST may have some problems paying its short term obligations.
PST has a better Current ratio (0.54) than 78.95% of its industry peers.
PST has a Quick Ratio of 0.54. This is a bad value and indicates that PST is not financially healthy enough and could expect problems in meeting its short term obligations.
With a decent Quick ratio value of 0.54, PST is doing good in the industry, outperforming 78.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.54 | ||
| Quick Ratio | 0.54 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 39.31% over the past year.
Measured over the past years, PST shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.38% on average per year.
PST shows a small growth in Revenue. In the last year, the Revenue has grown by 6.59%.
The Revenue for PST have been decreasing by -16.83% on average. This is quite bad
EPS 1Y (TTM)39.31%
EPS 3Y14.03%
EPS 5Y8.38%
EPS Q2Q%12.22%
Revenue 1Y (TTM)6.59%
Revenue growth 3Y4.83%
Revenue growth 5Y-16.83%
Sales Q2Q%7.18%
3.2 Future
The Earnings Per Share is expected to grow by 2.90% on average over the next years.
The Revenue is expected to grow by 2.48% on average over the next years.
EPS Next Y-8.04%
EPS Next 2Y-2.38%
EPS Next 3Y0.87%
EPS Next 5Y2.9%
Revenue Next Year4.68%
Revenue Next 2Y3.27%
Revenue Next 3Y2.99%
Revenue Next 5Y2.48%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 10.13, the valuation of PST can be described as very reasonable.
PST's Price/Earnings ratio is rather cheap when compared to the industry. PST is cheaper than 89.47% of the companies in the same industry.
When comparing the Price/Earnings ratio of PST to the average of the S&P500 Index (27.03), we can say PST is valued rather cheaply.
With a Price/Forward Earnings ratio of 11.39, the valuation of PST can be described as very reasonable.
PST's Price/Forward Earnings ratio is in line with the industry average.
PST's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.13 | ||
| Fwd PE | 11.39 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PST is valued a bit cheaper than 63.16% of the companies in the same industry.
PST's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.19 | ||
| EV/EBITDA | 11.98 |
4.3 Compensation for Growth
The decent profitability rating of PST may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.21
EPS Next 2Y-2.38%
EPS Next 3Y0.87%
5. Dividend
5.1 Amount
PST has a Yearly Dividend Yield of 5.69%, which is a nice return.
PST's Dividend Yield is rather good when compared to the industry average which is at 4.36. PST pays more dividend than 81.58% of the companies in the same industry.
PST's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.69% |
5.2 History
The dividend of PST is nicely growing with an annual growth rate of 8.66%!
Dividend Growth(5Y)8.66%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
PST pays out 58.43% of its income as dividend. This is a bit on the high side, but may be sustainable.
PST's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP58.43%
EPS Next 2Y-2.38%
EPS Next 3Y0.87%
BIT:PST (8/6/2025, 4:45:05 PM)
19.545
+0.13 (+0.64%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners9.46%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap25.53B
Analysts75.79
Price Target18.92 (-3.2%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.69% |
Yearly Dividend0.9
Dividend Growth(5Y)8.66%
DP58.43%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)34.81%
Min EPS beat(2)9.94%
Max EPS beat(2)59.68%
EPS beat(4)3
Avg EPS beat(4)19.26%
Min EPS beat(4)-0.49%
Max EPS beat(4)59.68%
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)2
Avg Revenue beat(2)4.24%
Min Revenue beat(2)1.88%
Max Revenue beat(2)6.59%
Revenue beat(4)4
Avg Revenue beat(4)3.25%
Min Revenue beat(4)1.56%
Max Revenue beat(4)6.59%
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)0.95%
PT rev (3m)13.52%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.92%
Revenue NY rev (3m)1.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.13 | ||
| Fwd PE | 11.39 | ||
| P/S | 1.97 | ||
| P/FCF | 13.19 | ||
| P/OCF | 8.8 | ||
| P/B | 2.2 | ||
| P/tB | 2.7 | ||
| EV/EBITDA | 11.98 |
EPS(TTM)1.93
EY9.87%
EPS(NY)1.72
Fwd EY8.78%
FCF(TTM)1.48
FCFY7.58%
OCF(TTM)2.22
OCFY11.36%
SpS9.9
BVpS8.87
TBVpS7.23
PEG (NY)N/A
PEG (5Y)1.21
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.72% | ||
| ROE | 17.22% | ||
| ROCE | 1.36% | ||
| ROIC | 1% | ||
| ROICexc | 1.3% | ||
| ROICexgc | 1.32% | ||
| OM | 19.72% | ||
| PM (TTM) | 15.43% | ||
| GM | 72.33% | ||
| FCFM | 14.98% |
ROA(3y)0.68%
ROA(5y)0.61%
ROE(3y)18.66%
ROE(5y)16.11%
ROIC(3y)0.89%
ROIC(5y)0.76%
ROICexc(3y)1.12%
ROICexc(5y)0.97%
ROICexgc(3y)1.15%
ROICexgc(5y)0.99%
ROCE(3y)1.48%
ROCE(5y)1.24%
ROICexcg growth 3Y15.42%
ROICexcg growth 5Y19.21%
ROICexc growth 3Y15.4%
ROICexc growth 5Y18.92%
OM growth 3Y10.96%
OM growth 5Y31.66%
PM growth 3Y3.13%
PM growth 5Y30.15%
GM growth 3Y-2.09%
GM growth 5Y-5.18%
F-Score7
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 48.6 | ||
| Debt/EBITDA | 2.5 | ||
| Cap/Depr | 103.88% | ||
| Cap/Sales | 7.47% | ||
| Interest Coverage | 52.02 | ||
| Cash Conversion | 83.41% | ||
| Profit Quality | 97.09% | ||
| Current Ratio | 0.54 | ||
| Quick Ratio | 0.54 | ||
| Altman-Z | 0.01 |
F-Score7
WACC3.3%
ROIC/WACC0.3
Cap/Depr(3y)99.13%
Cap/Depr(5y)97.97%
Cap/Sales(3y)7.18%
Cap/Sales(5y)6.95%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)39.31%
EPS 3Y14.03%
EPS 5Y8.38%
EPS Q2Q%12.22%
EPS Next Y-8.04%
EPS Next 2Y-2.38%
EPS Next 3Y0.87%
EPS Next 5Y2.9%
Revenue 1Y (TTM)6.59%
Revenue growth 3Y4.83%
Revenue growth 5Y-16.83%
Sales Q2Q%7.18%
Revenue Next Year4.68%
Revenue Next 2Y3.27%
Revenue Next 3Y2.99%
Revenue Next 5Y2.48%
EBIT growth 1Y-35.16%
EBIT growth 3Y16.33%
EBIT growth 5Y9.5%
EBIT Next Year39.1%
EBIT Next 3Y15.35%
EBIT Next 5Y12.68%
FCF growth 1Y240.85%
FCF growth 3Y-17.37%
FCF growth 5Y37.99%
OCF growth 1Y105.16%
OCF growth 3Y-11.5%
OCF growth 5Y20.97%