ITALIAN SEA GROUP SPA/THE (TISG.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:TISG - IT0005439085 - Common Stock
4.57 EUR
-0.14 (-2.97%)
Taking everything into account, TISG scores 6 out of 10 in our fundamental rating. TISG was compared to 16 industry peers in the Leisure Products industry. TISG scores excellent on profitability, but there are some minor concerns on its financial health. TISG is not valued too expensively and it also shows a decent growth rate. Finally TISG also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- TISG had positive earnings in the past year.
- Each year in the past 5 years TISG has been profitable.
- Of the past 5 years TISG 4 years had a positive operating cash flow.
1.2 Ratios
- With an excellent Return On Assets value of 12.25%, TISG belongs to the best of the industry, outperforming 87.50% of the companies in the same industry.
- TISG has a better Return On Equity (33.68%) than 87.50% of its industry peers.
- The Return On Invested Capital of TISG (31.66%) is better than 100.00% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for TISG is significantly above the industry average of 10.77%.
- The 3 year average ROIC (16.90%) for TISG is below the current ROIC(31.66%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.25% | ||
| ROE | 33.68% | ||
| ROIC | 31.66% |
ROA(3y)8.4%
ROA(5y)7.45%
ROE(3y)24.58%
ROE(5y)21.36%
ROIC(3y)16.9%
ROIC(5y)14.61%
1.3 Margins
- Looking at the Profit Margin, with a value of 8.45%, TISG is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
- TISG's Profit Margin has improved in the last couple of years.
- With an excellent Operating Margin value of 16.56%, TISG belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- In the last couple of years the Operating Margin of TISG has grown nicely.
- TISG has a Gross Margin of 38.36%. This is in the lower half of the industry: TISG underperforms 62.50% of its industry peers.
- In the last couple of years the Gross Margin of TISG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.56% | ||
| PM (TTM) | 8.45% | ||
| GM | 38.36% |
OM growth 3Y12.91%
OM growth 5Y19.73%
PM growth 3Y-1.67%
PM growth 5Y80.78%
GM growth 3Y2.05%
GM growth 5Y2.06%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), TISG is creating value.
- Compared to 1 year ago, TISG has about the same amount of shares outstanding.
- The number of shares outstanding for TISG remains at a similar level compared to 5 years ago.
- TISG has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 3.26 indicates that TISG is not in any danger for bankruptcy at the moment.
- With a Altman-Z score value of 3.26, TISG perfoms like the industry average, outperforming 56.25% of the companies in the same industry.
- TISG has a Debt/Equity ratio of 0.38. This is a healthy value indicating a solid balance between debt and equity.
- TISG has a Debt to Equity ratio of 0.38. This is in the lower half of the industry: TISG underperforms 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.26 |
ROIC/WACC3.96
WACC7.99%
2.3 Liquidity
- A Current Ratio of 1.33 indicates that TISG should not have too much problems paying its short term obligations.
- TISG's Current ratio of 1.33 is in line compared to the rest of the industry. TISG outperforms 50.00% of its industry peers.
- TISG has a Quick Ratio of 1.33. This is a bad value and indicates that TISG is not financially healthy enough and could expect problems in meeting its short term obligations.
- TISG has a Quick ratio of 0.49. This is amonst the worse of the industry: TISG underperforms 87.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.33 | ||
| Quick Ratio | 0.49 |
3. Growth
3.1 Past
- TISG shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -8.17%.
- Measured over the past years, TISG shows a very strong growth in Earnings Per Share. The EPS has been growing by 139.59% on average per year.
- TISG shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.73%.
- TISG shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 32.55% yearly.
EPS 1Y (TTM)-8.17%
EPS 3Y27.55%
EPS 5Y139.59%
EPS Q2Q%-58.24%
Revenue 1Y (TTM)12.73%
Revenue growth 3Y29.72%
Revenue growth 5Y32.55%
Sales Q2Q%-3.34%
3.2 Future
- Based on estimates for the next years, TISG will show a very negative growth in Earnings Per Share. The EPS will decrease by -12.22% on average per year.
- TISG is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -4.64% yearly.
EPS Next Y-43.37%
EPS Next 2Y-22.84%
EPS Next 3Y-12.22%
EPS Next 5YN/A
Revenue Next Year-17.28%
Revenue Next 2Y-9.18%
Revenue Next 3Y-4.64%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 7.03, the valuation of TISG can be described as very cheap.
- Based on the Price/Earnings ratio, TISG is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
- When comparing the Price/Earnings ratio of TISG to the average of the S&P500 Index (27.21), we can say TISG is valued rather cheaply.
- The Price/Forward Earnings ratio is 9.15, which indicates a very decent valuation of TISG.
- Based on the Price/Forward Earnings ratio, TISG is valued cheaply inside the industry as 81.25% of the companies are valued more expensively.
- TISG is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.26, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.03 | ||
| Fwd PE | 9.15 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, TISG is valued cheaper than 93.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 2.56 |
4.3 Compensation for Growth
- TISG has an outstanding profitability rating, which may justify a higher PE ratio.
- A cheap valuation may be justified as TISG's earnings are expected to decrease with -12.22% in the coming years.
PEG (NY)N/A
PEG (5Y)0.05
EPS Next 2Y-22.84%
EPS Next 3Y-12.22%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 5.20%, TISG is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 2.38, TISG pays a better dividend. On top of this TISG pays more dividend than 93.75% of the companies listed in the same industry.
- TISG's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.2% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- TISG pays out 38.37% of its income as dividend. This is a sustainable payout ratio.
DP38.37%
EPS Next 2Y-22.84%
EPS Next 3Y-12.22%
ITALIAN SEA GROUP SPA/THE / TISG.MI FAQ
Can you provide the ChartMill fundamental rating for ITALIAN SEA GROUP SPA/THE?
ChartMill assigns a fundamental rating of 6 / 10 to TISG.MI.
What is the valuation status of ITALIAN SEA GROUP SPA/THE (TISG.MI) stock?
ChartMill assigns a valuation rating of 6 / 10 to ITALIAN SEA GROUP SPA/THE (TISG.MI). This can be considered as Fairly Valued.
What is the profitability of TISG stock?
ITALIAN SEA GROUP SPA/THE (TISG.MI) has a profitability rating of 8 / 10.
What are the PE and PB ratios of ITALIAN SEA GROUP SPA/THE (TISG.MI) stock?
The Price/Earnings (PE) ratio for ITALIAN SEA GROUP SPA/THE (TISG.MI) is 7.03 and the Price/Book (PB) ratio is 1.6.
What is the earnings growth outlook for ITALIAN SEA GROUP SPA/THE?
The Earnings per Share (EPS) of ITALIAN SEA GROUP SPA/THE (TISG.MI) is expected to decline by -43.37% in the next year.