WIIT SPA (WIIT.MI) Stock Fundamental Analysis
BIT:WIIT - Euronext Milan - IT0005440893 - Common Stock - Currency: EUR
Taking everything into account, WIIT scores 4 out of 10 in our fundamental rating. WIIT was compared to 71 industry peers in the IT Services industry. There are concerns on the financial health of WIIT while its profitability can be described as average. WIIT is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year WIIT was profitable.
WIIT had a positive operating cash flow in the past year.
Of the past 5 years WIIT 4 years were profitable.
Each year in the past 5 years WIIT had a positive operating cash flow.
1.2 Ratios
WIIT has a Return On Assets of 4.88%. This is in the better half of the industry: WIIT outperforms 60.56% of its industry peers.
WIIT's Return On Equity of 46.94% is amongst the best of the industry. WIIT outperforms 94.37% of its industry peers.
WIIT has a Return On Invested Capital of 9.36%. This is comparable to the rest of the industry: WIIT outperforms 59.15% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for WIIT is significantly below the industry average of 10.92%.
The 3 year average ROIC (5.22%) for WIIT is below the current ROIC(9.36%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.88% | ||
| ROE | 46.94% | ||
| ROIC | 9.36% |
ROA(3y)2.7%
ROA(5y)1.76%
ROE(3y)24.1%
ROE(5y)16.26%
ROIC(3y)5.22%
ROIC(5y)4.01%
1.3 Margins
The Profit Margin of WIIT (7.02%) is better than 81.69% of its industry peers.
In the last couple of years the Profit Margin of WIIT has declined.
WIIT's Operating Margin of 14.97% is amongst the best of the industry. WIIT outperforms 91.55% of its industry peers.
In the last couple of years the Operating Margin of WIIT has declined.
Looking at the Gross Margin, with a value of 67.31%, WIIT is in line with its industry, outperforming 59.15% of the companies in the same industry.
WIIT's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.97% | ||
| PM (TTM) | 7.02% | ||
| GM | 67.31% |
OM growth 3Y27.14%
OM growth 5Y-2.4%
PM growth 3YN/A
PM growth 5Y-16.64%
GM growth 3Y4.45%
GM growth 5Y2.19%
2. Health
2.1 Basic Checks
WIIT has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for WIIT has been reduced compared to 1 year ago.
The number of shares outstanding for WIIT has been increased compared to 5 years ago.
WIIT has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 1.97 indicates that WIIT is not a great score, but indicates only limited risk for bankruptcy at the moment.
WIIT has a Altman-Z score of 1.97. This is in the lower half of the industry: WIIT underperforms 64.79% of its industry peers.
WIIT has a debt to FCF ratio of 6.40. This is a slightly negative value and a sign of low solvency as WIIT would need 6.40 years to pay back of all of its debts.
WIIT has a worse Debt to FCF ratio (6.40) than 64.79% of its industry peers.
A Debt/Equity ratio of 6.22 is on the high side and indicates that WIIT has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 6.22, WIIT is doing worse than 88.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.22 | ||
| Debt/FCF | 6.4 | ||
| Altman-Z | 1.97 |
ROIC/WACC1.36
WACC6.86%
2.3 Liquidity
A Current Ratio of 0.80 indicates that WIIT may have some problems paying its short term obligations.
WIIT's Current ratio of 0.80 is on the low side compared to the rest of the industry. WIIT is outperformed by 84.51% of its industry peers.
A Quick Ratio of 0.79 indicates that WIIT may have some problems paying its short term obligations.
WIIT's Quick ratio of 0.79 is on the low side compared to the rest of the industry. WIIT is outperformed by 84.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.79 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 20.42% over the past year.
Measured over the past years, WIIT shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.68% on average per year.
The Revenue has grown by 18.77% in the past year. This is quite good.
WIIT shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 35.67% yearly.
EPS 1Y (TTM)20.42%
EPS 3YN/A
EPS 5Y12.68%
EPS Q2Q%-37.23%
Revenue 1Y (TTM)18.77%
Revenue growth 3Y26.61%
Revenue growth 5Y35.67%
Sales Q2Q%27.35%
3.2 Future
WIIT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.19% yearly.
WIIT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.77% yearly.
EPS Next Y1.42%
EPS Next 2Y13.6%
EPS Next 3Y14.29%
EPS Next 5Y13.19%
Revenue Next Year9.27%
Revenue Next 2Y7.57%
Revenue Next 3Y7.02%
Revenue Next 5Y5.77%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 28.15, WIIT can be considered very expensive at the moment.
WIIT's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 25.91. WIIT is around the same levels.
With a Price/Forward Earnings ratio of 27.40, WIIT can be considered very expensive at the moment.
WIIT's Price/Forward Earnings is on the same level as the industry average.
WIIT's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 21.85.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.15 | ||
| Fwd PE | 27.4 |
4.2 Price Multiples
WIIT's Enterprise Value to EBITDA is on the same level as the industry average.
WIIT's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.29 | ||
| EV/EBITDA | 9.18 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates WIIT does not grow enough to justify the current Price/Earnings ratio.
WIIT has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as WIIT's earnings are expected to grow with 14.29% in the coming years.
PEG (NY)19.83
PEG (5Y)2.22
EPS Next 2Y13.6%
EPS Next 3Y14.29%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.78%, WIIT has a reasonable but not impressive dividend return.
WIIT's Dividend Yield is comparable with the industry average which is at 6.87.
Compared to the average S&P500 Dividend Yield of 2.36, WIIT is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.78% |
5.2 History
The dividend of WIIT is nicely growing with an annual growth rate of 26.91%!
Dividend Growth(5Y)26.91%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
WIIT pays out 48.84% of its income as dividend. This is a bit on the high side, but may be sustainable.
WIIT's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP48.84%
EPS Next 2Y13.6%
EPS Next 3Y14.29%
BIT:WIIT (5/23/2025, 1:13:31 PM)
17.17
+1.23 (+7.72%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)
Earnings (Next)
Inst Owners10.68%
Inst Owner ChangeN/A
Ins Owners0.1%
Ins Owner ChangeN/A
Market Cap481.10M
Analysts83.64
Price Target24.3 (41.53%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.78% |
Yearly Dividend0.3
Dividend Growth(5Y)26.91%
DP48.84%
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)-1.65%
PT rev (3m)-6.1%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-25.07%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-3.13%
Revenue NY rev (3m)-3.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.15 | ||
| Fwd PE | 27.4 | ||
| P/S | 2.11 | ||
| P/FCF | 13.29 | ||
| P/OCF | 11.32 | ||
| P/B | 14.09 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.18 |
EPS(TTM)0.61
EY3.55%
EPS(NY)0.63
Fwd EY3.65%
FCF(TTM)1.29
FCFY7.53%
OCF(TTM)1.52
OCFY8.84%
SpS8.15
BVpS1.22
TBVpS-5.36
PEG (NY)19.83
PEG (5Y)2.22
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.88% | ||
| ROE | 46.94% | ||
| ROCE | 13.71% | ||
| ROIC | 9.36% | ||
| ROICexc | 10.2% | ||
| ROICexgc | 42.62% | ||
| OM | 14.97% | ||
| PM (TTM) | 7.02% | ||
| GM | 67.31% | ||
| FCFM | 15.85% |
ROA(3y)2.7%
ROA(5y)1.76%
ROE(3y)24.1%
ROE(5y)16.26%
ROIC(3y)5.22%
ROIC(5y)4.01%
ROICexc(3y)5.8%
ROICexc(5y)4.54%
ROICexgc(3y)23.93%
ROICexgc(5y)19.83%
ROCE(3y)7.55%
ROCE(5y)5.77%
ROICexcg growth 3Y34.16%
ROICexcg growth 5Y2.01%
ROICexc growth 3Y47.89%
ROICexc growth 5Y-4.74%
OM growth 3Y27.14%
OM growth 5Y-2.4%
PM growth 3YN/A
PM growth 5Y-16.64%
GM growth 3Y4.45%
GM growth 5Y2.19%
F-Score8
Asset Turnover0.7
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.22 | ||
| Debt/FCF | 6.4 | ||
| Debt/EBITDA | 3.07 | ||
| Cap/Depr | 18.01% | ||
| Cap/Sales | 2.76% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 61.4% | ||
| Profit Quality | 225.92% | ||
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.79 | ||
| Altman-Z | 1.97 |
F-Score8
WACC6.86%
ROIC/WACC1.36
Cap/Depr(3y)42.11%
Cap/Depr(5y)39.29%
Cap/Sales(3y)8.83%
Cap/Sales(5y)8.51%
Profit Quality(3y)256.88%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)20.42%
EPS 3YN/A
EPS 5Y12.68%
EPS Q2Q%-37.23%
EPS Next Y1.42%
EPS Next 2Y13.6%
EPS Next 3Y14.29%
EPS Next 5Y13.19%
Revenue 1Y (TTM)18.77%
Revenue growth 3Y26.61%
Revenue growth 5Y35.67%
Sales Q2Q%27.35%
Revenue Next Year9.27%
Revenue Next 2Y7.57%
Revenue Next 3Y7.02%
Revenue Next 5Y5.77%
EBIT growth 1Y15.04%
EBIT growth 3Y60.98%
EBIT growth 5Y32.41%
EBIT Next Year127.18%
EBIT Next 3Y38.4%
EBIT Next 5Y23.1%
FCF growth 1Y72.91%
FCF growth 3Y23.95%
FCF growth 5Y37.89%
OCF growth 1Y20.22%
OCF growth 3Y16.84%
OCF growth 5Y30.53%