SPINDOX SPA (SPN.MI) Stock Fundamental Analysis
Europe - 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 72 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. These ratings could make SPN a good candidate for growth investing.
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.
SPN had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
SPN has a Return On Assets of 0.62%. This is in the lower half of the industry: SPN underperforms 70.00% of its industry peers.
Looking at the Return On Equity, with a value of 2.74%, SPN is doing worse than 67.14% of the companies in the same industry.
With an excellent Return On Invested Capital value of 21.90%, SPN belongs to the best of the industry, outperforming 92.86% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for SPN is significantly above the industry average of 11.33%.
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: 70.00% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of SPN has declined.
SPN has a Operating Margin (7.96%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of SPN has grown nicely.
SPN has a Gross Margin of 75.99%. This is in the better half of the industry: SPN outperforms 67.14% of its industry peers.
In the last couple of years the Gross Margin of SPN has remained more or less at the same level.
| 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
SPN has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, SPN has more shares outstanding
Compared to 5 years ago, SPN has less shares outstanding
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 better Altman-Z score (3.02) than 65.71% 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.
SPN has a better Debt to FCF ratio (2.08) than 74.29% of its industry peers.
SPN has a Debt/Equity ratio of 0.41. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of SPN (0.41) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 2.08 | ||
| Altman-Z | 3.02 |
ROIC/WACC2.96
WACC7.41%
2.3 Liquidity
A Current Ratio of 1.16 indicates that SPN should not have too much problems paying its short term obligations.
SPN has a Current ratio (1.16) which is comparable to the rest of the industry.
A Quick Ratio of 1.16 indicates that SPN should not have too much problems paying its short term obligations.
SPN has a Quick ratio (1.16) which is in line with its industry peers.
| 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.
The Earnings Per Share has been decreasing by -8.04% on average over the past years.
SPN shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.12%.
Measured over the past years, SPN shows a quite strong growth in Revenue. The Revenue has been growing by 15.51% on average per year.
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
Based on estimates for the next years, SPN will show a very strong growth in Earnings Per Share. The EPS will grow by 91.17% on average per year.
The Revenue is expected to grow by 10.91% on average over the next years. This is quite good.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
SPN is valuated quite expensively with a Price/Earnings ratio of 161.88.
SPN's Price/Earnings ratio is a bit more expensive when compared to the industry. SPN is more expensive than 71.43% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.89. SPN is valued rather expensively when compared to this.
SPN is valuated quite expensively with a Price/Forward Earnings ratio of 34.10.
SPN's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. SPN is more expensive than 67.14% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of SPN to the average of the S&P500 Index (34.59), we can say SPN is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 161.88 | ||
| Fwd PE | 34.1 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SPN is valued a bit cheaper than 72.86% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SPN is on the same level as its industry peers.
| 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
No dividends for SPN!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BIT:SPN (11/6/2025, 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)-17.85%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-36.11%
EPS NY rev (3m)-24.65%
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
WACC7.41%
ROIC/WACC2.96
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 Year69.23%
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 2 / 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 5 / 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.