SPINDOX SPA (SPN.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:SPN - IT0005449522 - Common Stock
12.95 EUR
+0.05 (+0.39%)
Overall SPN gets a fundamental rating of 5 out of 10. We evaluated SPN against 77 industry peers in the IT Services industry. Both the profitability and the financial health of SPN get a neutral evaluation. Nothing too spectacular is happening here. SPN is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
SPN had positive earnings in the past year.
In the past year SPN had a positive cash flow from operations.
SPN had positive earnings in 4 of the past 5 years.
Of the past 5 years SPN 4 years had a positive operating cash flow.
1.2 Ratios
SPN has a Return On Assets of 0.62%. This is in the lower half of the industry: SPN underperforms 66.23% of its industry peers.
With a Return On Equity value of 2.74%, SPN is not doing good in the industry: 62.34% of the companies in the same industry are doing better.
The Return On Invested Capital of SPN (21.90%) is better than 92.21% of its industry peers.
SPN had an Average Return On Invested Capital over the past 3 years of 17.72%. This is significantly below the industry average of 26.50%.
The last Return On Invested Capital (21.90%) for SPN is above the 3 year average (17.72%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.62% | ||
| ROE | 2.74% | ||
| ROIC | 21.9% |
ROA(3y)0.44%
ROA(5y)2.01%
ROE(3y)2.3%
ROE(5y)12.07%
ROIC(3y)17.72%
ROIC(5y)17.19%
1.3 Margins
With a Profit Margin value of 0.44%, SPN is not doing good in the industry: 67.53% of the companies in the same industry are doing better.
SPN's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 7.96%, SPN perfoms like the industry average, outperforming 59.74% of the companies in the same industry.
SPN's Operating Margin has improved in the last couple of years.
SPN has a Gross Margin of 75.99%. This is in the better half of the industry: SPN outperforms 67.53% of its industry peers.
SPN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.96% | ||
| PM (TTM) | 0.44% | ||
| GM | 75.99% |
OM growth 3Y9.99%
OM growth 5Y22.54%
PM growth 3Y-51.97%
PM growth 5Y-21.25%
GM growth 3Y1.2%
GM growth 5Y0%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), SPN is creating value.
SPN has more shares outstanding than it did 1 year ago.
SPN has less shares outstanding than it did 5 years ago.
The debt/assets ratio for SPN has been reduced compared to a year ago.
2.2 Solvency
SPN has an Altman-Z score of 3.02. This indicates that SPN is financially healthy and has little risk of bankruptcy at the moment.
SPN has a Altman-Z score of 3.02. This is in the better half of the industry: SPN outperforms 62.34% of its industry peers.
SPN has a debt to FCF ratio of 2.08. This is a good value and a sign of high solvency as SPN would need 2.08 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 2.08, SPN is doing good in the industry, outperforming 70.13% of the companies in the same industry.
A Debt/Equity ratio of 0.41 indicates that SPN is not too dependend on debt financing.
SPN has a Debt to Equity ratio of 0.41. This is comparable to the rest of the industry: SPN outperforms 51.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 2.08 | ||
| Altman-Z | 3.02 |
ROIC/WACC3
WACC7.31%
2.3 Liquidity
SPN has a Current Ratio of 1.16. This is a normal value and indicates that SPN is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.16, SPN perfoms like the industry average, outperforming 45.45% of the companies in the same industry.
SPN has a Quick Ratio of 1.16. This is a normal value and indicates that SPN is financially healthy and should not expect problems in meeting its short term obligations.
SPN has a Quick ratio (1.16) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.16 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 931.63% over the past year.
SPN shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -8.04% yearly.
Looking at the last year, SPN shows a quite strong growth in Revenue. The Revenue has grown by 9.12% in the last year.
The Revenue has been growing by 15.51% on average over the past years. This is quite good.
EPS 1Y (TTM)931.63%
EPS 3Y-43.23%
EPS 5Y-8.04%
EPS Q2Q%163.75%
Revenue 1Y (TTM)9.12%
Revenue growth 3Y16.08%
Revenue growth 5Y15.51%
Sales Q2Q%7.13%
3.2 Future
The Earnings Per Share is expected to grow by 91.17% on average over the next years. This is a very strong growth
Based on estimates for the next years, SPN will show a quite strong growth in Revenue. The Revenue will grow by 10.91% on average per year.
EPS Next Y127.88%
EPS Next 2Y91.17%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year0%
Revenue Next 2Y4.16%
Revenue Next 3Y13.81%
Revenue Next 5Y10.91%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 161.88 indicates a quite expensive valuation of SPN.
Compared to the rest of the industry, the Price/Earnings ratio of SPN indicates a slightly more expensive valuation: SPN is more expensive than 70.13% of the companies listed in the same industry.
SPN's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.76.
Based on the Price/Forward Earnings ratio of 34.10, the valuation of SPN can be described as expensive.
Based on the Price/Forward Earnings ratio, SPN is valued a bit more expensive than the industry average as 66.23% of the companies are valued more cheaply.
SPN's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 23.96.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 161.88 | ||
| Fwd PE | 34.1 |
4.2 Price Multiples
77.92% of the companies in the same industry are more expensive than SPN, based on the Enterprise Value to EBITDA ratio.
SPN's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. SPN is cheaper than 67.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.83 | ||
| EV/EBITDA | 5.7 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as SPN's earnings are expected to grow with 91.17% in the coming years.
PEG (NY)1.27
PEG (5Y)N/A
EPS Next 2Y91.17%
EPS Next 3YN/A
5. Dividend
5.1 Amount
SPN does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BIT:SPN (12/3/2025, 7:00:00 PM)
12.95
+0.05 (+0.39%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)
Earnings (Next)
Inst Owners2.78%
Inst Owner ChangeN/A
Ins Owners66.06%
Ins Owner ChangeN/A
Market Cap77.70M
Revenue(TTM)105.64M
Net Income(TTM)463.30K
Analysts45.71
Price Target13.26 (2.39%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
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)-36.11%
EPS NY rev (3m)-42.55%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-4.94%
Revenue NY rev (3m)-10.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 161.88 | ||
| Fwd PE | 34.1 | ||
| P/S | 0.74 | ||
| P/FCF | 11.83 | ||
| P/OCF | 7.56 | ||
| P/B | 4.59 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.7 |
EPS(TTM)0.08
EY0.62%
EPS(NY)0.38
Fwd EY2.93%
FCF(TTM)1.09
FCFY8.45%
OCF(TTM)1.71
OCFY13.23%
SpS17.61
BVpS2.82
TBVpS-0.35
PEG (NY)1.27
PEG (5Y)N/A
Graham Number2.25
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.62% | ||
| ROE | 2.74% | ||
| ROCE | 29.2% | ||
| ROIC | 21.9% | ||
| ROICexc | 73.38% | ||
| ROICexgc | N/A | ||
| OM | 7.96% | ||
| PM (TTM) | 0.44% | ||
| GM | 75.99% | ||
| FCFM | 6.22% |
ROA(3y)0.44%
ROA(5y)2.01%
ROE(3y)2.3%
ROE(5y)12.07%
ROIC(3y)17.72%
ROIC(5y)17.19%
ROICexc(3y)64.9%
ROICexc(5y)62.19%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)23.63%
ROCE(5y)22.92%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y21.91%
ROICexc growth 5YN/A
OM growth 3Y9.99%
OM growth 5Y22.54%
PM growth 3Y-51.97%
PM growth 5Y-21.25%
GM growth 3Y1.2%
GM growth 5Y0%
F-Score8
Asset Turnover1.41
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 2.08 | ||
| Debt/EBITDA | 0.57 | ||
| Cap/Depr | 93.75% | ||
| Cap/Sales | 3.51% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 83.09% | ||
| Profit Quality | 1417.31% | ||
| Current Ratio | 1.16 | ||
| Quick Ratio | 1.16 | ||
| Altman-Z | 3.02 |
F-Score8
WACC7.31%
ROIC/WACC3
Cap/Depr(3y)230.86%
Cap/Depr(5y)201.25%
Cap/Sales(3y)10.16%
Cap/Sales(5y)7.38%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)931.63%
EPS 3Y-43.23%
EPS 5Y-8.04%
EPS Q2Q%163.75%
EPS Next Y127.88%
EPS Next 2Y91.17%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)9.12%
Revenue growth 3Y16.08%
Revenue growth 5Y15.51%
Sales Q2Q%7.13%
Revenue Next Year0%
Revenue Next 2Y4.16%
Revenue Next 3Y13.81%
Revenue Next 5Y10.91%
EBIT growth 1Y1607.31%
EBIT growth 3Y27.67%
EBIT growth 5Y41.55%
EBIT Next Year100%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y199.08%
FCF growth 3Y-6.33%
FCF growth 5Y33%
OCF growth 1Y427.66%
OCF growth 3Y2.55%
OCF growth 5Y30.91%
SPINDOX SPA / SPN.MI FAQ
What is the ChartMill fundamental rating of SPINDOX SPA (SPN.MI) stock?
ChartMill assigns a fundamental rating of 5 / 10 to SPN.MI.
What is the valuation status for SPN stock?
ChartMill assigns a valuation rating of 3 / 10 to SPINDOX SPA (SPN.MI). This can be considered as Overvalued.
Can you provide the profitability details for SPINDOX SPA?
SPINDOX SPA (SPN.MI) has a profitability rating of 4 / 10.
Can you provide the financial health for SPN stock?
The financial health rating of SPINDOX SPA (SPN.MI) is 6 / 10.
What is the expected EPS growth for SPINDOX SPA (SPN.MI) stock?
The Earnings per Share (EPS) of SPINDOX SPA (SPN.MI) is expected to grow by 127.88% in the next year.