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TESSELLIS SPA (TSL.MI) Stock Fundamental Analysis

Europe - BIT:TSL - IT0005496473 - Common Stock

0.082 EUR
0 (-2.38%)
Last: 11/5/2025, 9:25:08 AM
Fundamental Rating

2

Taking everything into account, TSL scores 2 out of 10 in our fundamental rating. TSL was compared to 29 industry peers in the Diversified Telecommunication Services industry. TSL has a bad profitability rating. Also its financial health evaluation is rather negative. TSL does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

TSL had negative earnings in the past year.
TSL had a positive operating cash flow in the past year.
TSL had negative earnings in each of the past 5 years.
TSL had a positive operating cash flow in each of the past 5 years.
TSL.MI Yearly Net Income VS EBIT VS OCF VS FCFTSL.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M

1.2 Ratios

The Return On Assets of TSL (-19.94%) is worse than 86.21% of its industry peers.
Industry RankSector Rank
ROA -19.94%
ROE N/A
ROIC N/A
ROA(3y)-16.86%
ROA(5y)-15.92%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
TSL.MI Yearly ROA, ROE, ROICTSL.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200 -200 400

1.3 Margins

TSL's Gross Margin of 89.64% is amongst the best of the industry. TSL outperforms 93.10% of its industry peers.
In the last couple of years the Gross Margin of TSL has remained more or less at the same level.
The Profit Margin and Operating Margin are not available for TSL so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 89.64%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.61%
GM growth 5Y1.32%
TSL.MI Yearly Profit, Operating, Gross MarginsTSL.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 60 80

2

2. Health

2.1 Basic Checks

TSL does not have a ROIC to compare to the WACC, probably because it is not profitable.
TSL has more shares outstanding than it did 1 year ago.
The number of shares outstanding for TSL has been increased compared to 5 years ago.
The debt/assets ratio for TSL is higher compared to a year ago.
TSL.MI Yearly Shares OutstandingTSL.MI Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M
TSL.MI Yearly Total Debt VS Total AssetsTSL.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

2.2 Solvency

TSL has an Altman-Z score of -1.22. This is a bad value and indicates that TSL is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of TSL (-1.22) is worse than 82.76% of its industry peers.
The Debt to FCF ratio of TSL is 3.91, which is a good value as it means it would take TSL, 3.91 years of fcf income to pay off all of its debts.
TSL's Debt to FCF ratio of 3.91 is amongst the best of the industry. TSL outperforms 86.21% of its industry peers.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 3.91
Altman-Z -1.22
ROIC/WACCN/A
WACC5.43%
TSL.MI Yearly LT Debt VS Equity VS FCFTSL.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M

2.3 Liquidity

TSL has a Current Ratio of 0.19. This is a bad value and indicates that TSL is not financially healthy enough and could expect problems in meeting its short term obligations.
TSL has a Current ratio of 0.19. This is amonst the worse of the industry: TSL underperforms 86.21% of its industry peers.
TSL has a Quick Ratio of 0.19. This is a bad value and indicates that TSL is not financially healthy enough and could expect problems in meeting its short term obligations.
TSL has a Quick ratio of 0.16. This is amonst the worse of the industry: TSL underperforms 86.21% of its industry peers.
Industry RankSector Rank
Current Ratio 0.19
Quick Ratio 0.16
TSL.MI Yearly Current Assets VS Current LiabilitesTSL.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

2

3. Growth

3.1 Past

TSL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 22.20%, which is quite impressive.
TSL shows a decrease in Revenue. In the last year, the revenue decreased by -6.15%.
The Revenue has been growing by 8.76% on average over the past years. This is quite good.
EPS 1Y (TTM)22.2%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%19.41%
Revenue 1Y (TTM)-6.15%
Revenue growth 3Y14.59%
Revenue growth 5Y8.76%
Sales Q2Q%-4.85%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
TSL.MI Yearly Revenue VS EstimatesTSL.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M
TSL.MI Yearly EPS VS EstimatesTSL.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2022 2023 2024 0 0.5 -0.5 1 -1

2

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for TSL. In the last year negative earnings were reported.
Industry RankSector Rank
PE N/A
Fwd PE N/A
TSL.MI Price Earnings VS Forward Price EarningsTSL.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0 0 0 0 0 0 0

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, TSL is valued cheaply inside the industry as 86.21% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TSL indicates a rather cheap valuation: TSL is cheaper than 100.00% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 1.06
EV/EBITDA 4.92
TSL.MI Per share dataTSL.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.2 -0.2 0.4 -0.4 0.6

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

TSL does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

TESSELLIS SPA

BIT:TSL (11/5/2025, 9:25:08 AM)

0.082

0 (-2.38%)

Chartmill FA Rating
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)09-29 2025-09-29
Earnings (Next)N/A N/A
Inst Owners0.37%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap28.15M
Revenue(TTM)216.99M
Net Income(TTM)-57980000
Analysts45.71
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
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)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.13
P/FCF 1.06
P/OCF 0.45
P/B N/A
P/tB N/A
EV/EBITDA 4.92
EPS(TTM)-0.24
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.08
FCFY94.29%
OCF(TTM)0.18
OCFY223.82%
SpS0.63
BVpS-0.04
TBVpS-0.53
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -19.94%
ROE N/A
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 89.64%
FCFM 12.23%
ROA(3y)-16.86%
ROA(5y)-15.92%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.61%
GM growth 5Y1.32%
F-Score4
Asset Turnover0.75
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 3.91
Debt/EBITDA 1.81
Cap/Depr 51.92%
Cap/Sales 16.8%
Interest Coverage N/A
Cash Conversion 262.88%
Profit Quality N/A
Current Ratio 0.19
Quick Ratio 0.16
Altman-Z -1.22
F-Score4
WACC5.43%
ROIC/WACCN/A
Cap/Depr(3y)46.48%
Cap/Depr(5y)56.26%
Cap/Sales(3y)16.62%
Cap/Sales(5y)18.27%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)22.2%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%19.41%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-6.15%
Revenue growth 3Y14.59%
Revenue growth 5Y8.76%
Sales Q2Q%-4.85%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y1.31%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y1357.61%
FCF growth 3Y86.38%
FCF growth 5Y19.48%
OCF growth 1Y49.12%
OCF growth 3Y21.76%
OCF growth 5Y6.45%

TESSELLIS SPA / TSL.MI FAQ

Can you provide the ChartMill fundamental rating for TESSELLIS SPA?

ChartMill assigns a fundamental rating of 2 / 10 to TSL.MI.


What is the valuation status of TESSELLIS SPA (TSL.MI) stock?

ChartMill assigns a valuation rating of 2 / 10 to TESSELLIS SPA (TSL.MI). This can be considered as Overvalued.


Can you provide the profitability details for TESSELLIS SPA?

TESSELLIS SPA (TSL.MI) has a profitability rating of 2 / 10.


How financially healthy is TESSELLIS SPA?

The financial health rating of TESSELLIS SPA (TSL.MI) is 2 / 10.