SPINDOX SPA (SPN.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:SPN - IT0005449522 - Common Stock
12.95 EUR
0 (0%)
We assign a fundamental rating of 5 out of 10 to SPN. SPN was compared to 75 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
In the past year SPN was profitable.
In the past year SPN had a positive cash flow from operations.
Of the past 5 years SPN 4 years were profitable.
Of the past 5 years SPN 4 years had a positive operating cash flow.
1.2 Ratios
SPN has a worse Return On Assets (0.62%) than 67.11% of its industry peers.
SPN has a Return On Equity of 2.74%. This is in the lower half of the industry: SPN underperforms 64.47% of its industry peers.
SPN has a better Return On Invested Capital (21.90%) than 92.11% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SPN is significantly below the industry average of 26.58%.
The 3 year average ROIC (17.72%) for SPN is below the current ROIC(21.90%), indicating increased profibility in the last year.
| 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
SPN has a worse Profit Margin (0.44%) than 68.42% of its industry peers.
SPN's Profit Margin has declined in the last couple of years.
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 better Gross Margin (75.99%) than 65.79% 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
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.
The number of shares outstanding for SPN has been reduced compared to 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.
Looking at the Altman-Z score, with a value of 3.02, SPN is in line with its industry, outperforming 59.21% of the companies in the same industry.
The Debt to FCF ratio of SPN is 2.08, which is a good value as it means it would take SPN, 2.08 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 2.08, SPN is doing good in the industry, outperforming 69.74% of the companies in the same industry.
SPN has a Debt/Equity ratio of 0.41. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.41, SPN is in line with its industry, outperforming 51.32% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 2.08 | ||
| Altman-Z | 3.02 |
ROIC/WACC3
WACC7.31%
2.3 Liquidity
A Current Ratio of 1.16 indicates that SPN should not have too much problems paying its short term obligations.
With a Current ratio value of 1.16, SPN perfoms like the industry average, outperforming 44.74% 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 in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.16 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
SPN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 931.63%, which is quite impressive.
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%.
SPN shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.51% yearly.
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
SPN is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.91% yearly.
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.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 161.88, which means the current valuation is very expensive for SPN.
SPN's Price/Earnings ratio is a bit more expensive when compared to the industry. SPN is more expensive than 71.05% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.56, SPN is valued quite expensively.
SPN is valuated quite expensively with a Price/Forward Earnings ratio of 34.10.
Based on the Price/Forward Earnings ratio, SPN is valued a bit more expensive than the industry average as 67.11% of the companies are valued more cheaply.
The average S&P500 Price/Forward Earnings ratio is at 23.79. SPN is valued slightly more expensive when compared to this.
| 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 the industry average as 77.63% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, SPN is valued a bit cheaper than the industry average as 67.11% of the companies are valued more expensively.
| 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 | 0% |
BIT:SPN (12/12/2025, 7:00:00 PM)
12.95
0 (0%)
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 | 0% |
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)0%
EPS NY rev (3m)-42.55%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-6.19%
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.