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TESMEC SPA (TES.MI) Stock Fundamental Analysis

Europe - Euronext Milan - BIT:TES - IT0004585243 - Common Stock

0.164 EUR
+0.01 (+7.19%)
Last: 1/22/2026, 5:01:21 PM
Fundamental Rating

3

TES gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 115 industry peers in the Machinery industry. There are concerns on the financial health of TES while its profitability can be described as average. TES is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • In the past year TES has reported negative net income.
  • TES had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: TES reported negative net income in multiple years.
  • Each year in the past 5 years TES had a positive operating cash flow.
TES.MI Yearly Net Income VS EBIT VS OCF VS FCFTES.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M -10M 20M -20M -30M

1.2 Ratios

  • TES's Return On Assets of -0.63% is on the low side compared to the rest of the industry. TES is outperformed by 73.91% of its industry peers.
  • The Return On Equity of TES (-3.71%) is worse than 74.78% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 9.59%, TES belongs to the top of the industry, outperforming 80.87% of the companies in the same industry.
  • TES had an Average Return On Invested Capital over the past 3 years of 5.59%. This is below the industry average of 8.97%.
  • The last Return On Invested Capital (9.59%) for TES is above the 3 year average (5.59%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA -0.63%
ROE -3.71%
ROIC 9.59%
ROA(3y)0.01%
ROA(5y)-0.3%
ROE(3y)-0.38%
ROE(5y)-1.87%
ROIC(3y)5.59%
ROIC(5y)N/A
TES.MI Yearly ROA, ROE, ROICTES.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5

1.3 Margins

  • TES has a Operating Margin of 9.57%. This is in the better half of the industry: TES outperforms 67.83% of its industry peers.
  • In the last couple of years the Operating Margin of TES has grown nicely.
  • TES has a Gross Margin (35.43%) which is in line with its industry peers.
  • In the last couple of years the Gross Margin of TES has grown nicely.
Industry RankSector Rank
OM 9.57%
PM (TTM) N/A
GM 35.43%
OM growth 3Y55.44%
OM growth 5Y15.63%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.55%
GM growth 5Y1.81%
TES.MI Yearly Profit, Operating, Gross MarginsTES.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30

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1

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TES is still creating some value.
  • Compared to 1 year ago, TES has about the same amount of shares outstanding.
  • The number of shares outstanding for TES has been increased compared to 5 years ago.
  • The debt/assets ratio for TES has been reduced compared to a year ago.
TES.MI Yearly Shares OutstandingTES.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M
TES.MI Yearly Total Debt VS Total AssetsTES.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M

2.2 Solvency

  • TES has an Altman-Z score of 1.07. This is a bad value and indicates that TES is not financially healthy and even has some risk of bankruptcy.
  • TES's Altman-Z score of 1.07 is on the low side compared to the rest of the industry. TES is outperformed by 75.65% of its industry peers.
  • The Debt to FCF ratio of TES is 46.07, which is on the high side as it means it would take TES, 46.07 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of TES (46.07) is worse than 73.91% of its industry peers.
  • A Debt/Equity ratio of 1.16 is on the high side and indicates that TES has dependencies on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 1.16, TES is doing worse than 78.26% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.16
Debt/FCF 46.07
Altman-Z 1.07
ROIC/WACC1.07
WACC9%
TES.MI Yearly LT Debt VS Equity VS FCFTES.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M

2.3 Liquidity

  • A Current Ratio of 1.11 indicates that TES should not have too much problems paying its short term obligations.
  • TES has a Current ratio of 1.11. This is in the lower half of the industry: TES underperforms 76.52% of its industry peers.
  • TES has a Quick Ratio of 1.11. This is a bad value and indicates that TES is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Quick ratio value of 0.51, TES is not doing good in the industry: 89.57% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 1.11
Quick Ratio 0.51
TES.MI Yearly Current Assets VS Current LiabilitesTES.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M

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4

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 209.09% over the past year.
  • Looking at the last year, TES shows a decrease in Revenue. The Revenue has decreased by -2.77% in the last year.
  • The Revenue has been growing slightly by 3.61% on average over the past years.
EPS 1Y (TTM)209.09%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%107.69%
Revenue 1Y (TTM)-2.77%
Revenue growth 3Y7.23%
Revenue growth 5Y3.61%
Sales Q2Q%3.55%

3.2 Future

  • The Earnings Per Share is expected to grow by 72.25% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, TES will show a small growth in Revenue. The Revenue will grow by 6.33% on average per year.
EPS Next Y211.11%
EPS Next 2Y102.76%
EPS Next 3Y72.26%
EPS Next 5YN/A
Revenue Next Year2.81%
Revenue Next 2Y5.41%
Revenue Next 3Y6.33%
Revenue Next 5YN/A

3.3 Evolution

  • 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.
TES.MI Yearly Revenue VS EstimatesTES.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 100M 200M 300M
TES.MI Yearly EPS VS EstimatesTES.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2020 2022 2023 2024 2025 2026 2027 0 0.01 0.02 0.03

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5

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Forward Earnings ratio of 8.55, the valuation of TES can be described as reasonable.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of TES indicates a rather cheap valuation: TES is cheaper than 93.04% of the companies listed in the same industry.
  • TES is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.30, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE N/A
Fwd PE 8.55
TES.MI Price Earnings VS Forward Price EarningsTES.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TES indicates a somewhat cheap valuation: TES is cheaper than 80.00% of the companies listed in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of TES is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 25.17
EV/EBITDA 5.71
TES.MI Per share dataTES.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0.1 0.2 0.3 0.4

4.3 Compensation for Growth

  • TES's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • TES's earnings are expected to grow with 72.25% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y102.76%
EPS Next 3Y72.26%

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0

5. Dividend

5.1 Amount

  • No dividends for TES!.
Industry RankSector Rank
Dividend Yield 0%

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TESMEC SPA

BIT:TES (1/22/2026, 5:01:21 PM)

0.164

+0.01 (+7.19%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)11-07
Earnings (Next)N/A
Inst Owners0.83%
Inst Owner ChangeN/A
Ins Owners4.78%
Ins Owner ChangeN/A
Market Cap99.46M
Revenue(TTM)243.90M
Net Income(TTM)-2.63M
Analysts80
Price Target0.17 (3.66%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector 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)112.5%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.56%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 8.55
P/S 0.41
P/FCF 25.17
P/OCF 3.78
P/B 1.4
P/tB 3.56
EV/EBITDA 5.71
EPS(TTM)0
EYN/A
EPS(NY)0.02
Fwd EY11.7%
FCF(TTM)0.01
FCFY3.97%
OCF(TTM)0.04
OCFY26.45%
SpS0.4
BVpS0.12
TBVpS0.05
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -0.63%
ROE -3.71%
ROCE 13.07%
ROIC 9.59%
ROICexc 11.26%
ROICexgc 15.58%
OM 9.57%
PM (TTM) N/A
GM 35.43%
FCFM 1.62%
ROA(3y)0.01%
ROA(5y)-0.3%
ROE(3y)-0.38%
ROE(5y)-1.87%
ROIC(3y)5.59%
ROIC(5y)N/A
ROICexc(3y)7.05%
ROICexc(5y)N/A
ROICexgc(3y)9.21%
ROICexgc(5y)N/A
ROCE(3y)7.56%
ROCE(5y)N/A
ROICexgc growth 3Y70.51%
ROICexgc growth 5Y11.87%
ROICexc growth 3Y63.57%
ROICexc growth 5Y10.04%
OM growth 3Y55.44%
OM growth 5Y15.63%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.55%
GM growth 5Y1.81%
F-Score4
Asset Turnover0.58
Health
Industry RankSector Rank
Debt/Equity 1.16
Debt/FCF 46.07
Debt/EBITDA 1.93
Cap/Depr 116.42%
Cap/Sales 9.17%
Interest Coverage 1.36
Cash Conversion 61.85%
Profit Quality N/A
Current Ratio 1.11
Quick Ratio 0.51
Altman-Z 1.07
F-Score4
WACC9%
ROIC/WACC1.07
Cap/Depr(3y)161.13%
Cap/Depr(5y)148.44%
Cap/Sales(3y)14.73%
Cap/Sales(5y)15.07%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)209.09%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%107.69%
EPS Next Y211.11%
EPS Next 2Y102.76%
EPS Next 3Y72.26%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.77%
Revenue growth 3Y7.23%
Revenue growth 5Y3.61%
Sales Q2Q%3.55%
Revenue Next Year2.81%
Revenue Next 2Y5.41%
Revenue Next 3Y6.33%
Revenue Next 5YN/A
EBIT growth 1Y62.31%
EBIT growth 3Y66.68%
EBIT growth 5Y19.8%
EBIT Next Year214.29%
EBIT Next 3Y60.61%
EBIT Next 5YN/A
FCF growth 1Y125.31%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y51.55%
OCF growth 3Y-16.98%
OCF growth 5YN/A

TESMEC SPA / TES.MI FAQ

What is the ChartMill fundamental rating of TESMEC SPA (TES.MI) stock?

ChartMill assigns a fundamental rating of 3 / 10 to TES.MI.


Can you provide the valuation status for TESMEC SPA?

ChartMill assigns a valuation rating of 5 / 10 to TESMEC SPA (TES.MI). This can be considered as Fairly Valued.


How profitable is TESMEC SPA (TES.MI) stock?

TESMEC SPA (TES.MI) has a profitability rating of 4 / 10.


Is the dividend of TESMEC SPA sustainable?

The dividend rating of TESMEC SPA (TES.MI) is 0 / 10 and the dividend payout ratio is 0%.