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 74 industry peers in the IT Services industry. While WIIT is still in line with the averages on profitability rating, there are concerns on its financial health. WIIT is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
WIIT had positive earnings in the past year.
WIIT had a positive operating cash flow in the past year.
WIIT had positive earnings in 4 of the past 5 years.
In the past 5 years WIIT always reported a positive cash flow from operatings.
1.2 Ratios
WIIT's Return On Assets of 4.88% is fine compared to the rest of the industry. WIIT outperforms 63.51% of its industry peers.
WIIT's Return On Equity of 44.39% is amongst the best of the industry. WIIT outperforms 94.59% of its industry peers.
WIIT has a Return On Invested Capital of 9.39%. This is in the better half of the industry: WIIT outperforms 62.16% of its industry peers.
WIIT had an Average Return On Invested Capital over the past 3 years of 5.22%. This is significantly below the industry average of 10.94%.
The last Return On Invested Capital (9.39%) for WIIT is above the 3 year average (5.22%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.88% | ||
| ROE | 44.39% | ||
| ROIC | 9.39% |
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
Looking at the Profit Margin, with a value of 6.84%, WIIT is in the better half of the industry, outperforming 78.38% of the companies in the same industry.
In the last couple of years the Profit Margin of WIIT has declined.
The Operating Margin of WIIT (14.64%) is better than 90.54% of its industry peers.
In the last couple of years the Operating Margin of WIIT has declined.
WIIT's Gross Margin of 67.88% is in line compared to the rest of the industry. WIIT outperforms 59.46% of its industry peers.
In the last couple of years the Gross Margin of WIIT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.64% | ||
| PM (TTM) | 6.84% | ||
| GM | 67.88% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so WIIT is still creating some value.
WIIT has less shares outstanding than it did 1 year ago.
The number of shares outstanding for WIIT has been increased compared to 5 years ago.
The debt/assets ratio for WIIT has been reduced compared to a year ago.
2.2 Solvency
WIIT has an Altman-Z score of 2.00. This is not the best score and indicates that WIIT is in the grey zone with still only limited risk for bankruptcy at the moment.
WIIT has a worse Altman-Z score (2.00) than 60.81% of its industry peers.
The Debt to FCF ratio of WIIT is 6.64, which is on the high side as it means it would take WIIT, 6.64 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 6.64, WIIT is not doing good in the industry: 64.86% of the companies in the same industry are doing better.
WIIT has a Debt/Equity ratio of 5.84. This is a high value indicating a heavy dependency on external financing.
WIIT's Debt to Equity ratio of 5.84 is on the low side compared to the rest of the industry. WIIT is outperformed by 86.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.84 | ||
| Debt/FCF | 6.64 | ||
| Altman-Z | 2 |
ROIC/WACC1.42
WACC6.63%
2.3 Liquidity
WIIT has a Current Ratio of 0.78. This is a bad value and indicates that WIIT is not financially healthy enough and could expect problems in meeting its short term obligations.
WIIT's Current ratio of 0.78 is on the low side compared to the rest of the industry. WIIT is outperformed by 82.43% of its industry peers.
A Quick Ratio of 0.78 indicates that WIIT may have some problems paying its short term obligations.
The Quick ratio of WIIT (0.78) is worse than 82.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 13.60% over the past year.
WIIT shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.68% yearly.
Looking at the last year, WIIT shows a very strong growth in Revenue. The Revenue has grown by 21.57%.
Measured over the past years, WIIT shows a very strong growth in Revenue. The Revenue has been growing by 35.67% on average per year.
EPS 1Y (TTM)13.6%
EPS 3YN/A
EPS 5Y12.68%
EPS Q2Q%3.67%
Revenue 1Y (TTM)21.57%
Revenue growth 3Y26.61%
Revenue growth 5Y35.67%
Sales Q2Q%22.33%
3.2 Future
The Earnings Per Share is expected to grow by 10.67% on average over the next years. This is quite good.
The Revenue is expected to grow by 5.77% on average over the next years.
EPS Next Y1.42%
EPS Next 2Y13.6%
EPS Next 3Y14.29%
EPS Next 5Y10.67%
Revenue Next Year9.27%
Revenue Next 2Y7.57%
Revenue Next 3Y7.02%
Revenue Next 5Y5.77%
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 stable.
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
A Price/Earnings ratio of 26.55 indicates a quite expensive valuation of WIIT.
Compared to the rest of the industry, the Price/Earnings ratio of WIIT is on the same level as its industry peers.
WIIT is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.69, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 20.64 indicates a rather expensive valuation of WIIT.
WIIT's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 37.36. WIIT is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.55 | ||
| Fwd PE | 20.64 |
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 | 13.12 | ||
| EV/EBITDA | 8.95 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of WIIT may justify a higher PE ratio.
WIIT's earnings are expected to grow with 14.29% in the coming years. This may justify a more expensive valuation.
PEG (NY)18.7
PEG (5Y)2.09
EPS Next 2Y13.6%
EPS Next 3Y14.29%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.94%, WIIT has a reasonable but not impressive dividend return.
WIIT's Dividend Yield is comparable with the industry average which is at 6.95.
Compared to an average S&P500 Dividend Yield of 2.34, WIIT has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.94% |
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 48.55% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of WIIT is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP48.55%
EPS Next 2Y13.6%
EPS Next 3Y14.29%
BIT:WIIT (7/23/2025, 7:00:00 PM)
16.46
+0.56 (+3.52%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)
Earnings (Next)
Inst Owners9.31%
Inst Owner ChangeN/A
Ins Owners0.1%
Ins Owner ChangeN/A
Market Cap461.21M
Analysts83.64
Price Target24.09 (46.35%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.94% |
Yearly Dividend0.3
Dividend Growth(5Y)26.91%
DP48.55%
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)-2.48%
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)-3.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.55 | ||
| Fwd PE | 20.64 | ||
| P/S | 1.96 | ||
| P/FCF | 13.12 | ||
| P/OCF | 11.07 | ||
| P/B | 12.7 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.95 |
EPS(TTM)0.62
EY3.77%
EPS(NY)0.8
Fwd EY4.84%
FCF(TTM)1.25
FCFY7.62%
OCF(TTM)1.49
OCFY9.03%
SpS8.42
BVpS1.3
TBVpS-5.3
PEG (NY)18.7
PEG (5Y)2.09
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.88% | ||
| ROE | 44.39% | ||
| ROCE | 13.79% | ||
| ROIC | 9.39% | ||
| ROICexc | 10.13% | ||
| ROICexgc | 40.68% | ||
| OM | 14.64% | ||
| PM (TTM) | 6.84% | ||
| GM | 67.88% | ||
| FCFM | 14.91% |
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 Turnover0.71
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.84 | ||
| Debt/FCF | 6.64 | ||
| Debt/EBITDA | 2.95 | ||
| Cap/Depr | 17.44% | ||
| Cap/Sales | 2.75% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 58.04% | ||
| Profit Quality | 218.07% | ||
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 2 |
F-Score8
WACC6.63%
ROIC/WACC1.42
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)13.6%
EPS 3YN/A
EPS 5Y12.68%
EPS Q2Q%3.67%
EPS Next Y1.42%
EPS Next 2Y13.6%
EPS Next 3Y14.29%
EPS Next 5Y10.67%
Revenue 1Y (TTM)21.57%
Revenue growth 3Y26.61%
Revenue growth 5Y35.67%
Sales Q2Q%22.33%
Revenue Next Year9.27%
Revenue Next 2Y7.57%
Revenue Next 3Y7.02%
Revenue Next 5Y5.77%
EBIT growth 1Y11.42%
EBIT growth 3Y60.98%
EBIT growth 5Y32.41%
EBIT Next Year124.98%
EBIT Next 3Y38.34%
EBIT Next 5Y23.1%
FCF growth 1Y440.66%
FCF growth 3Y23.95%
FCF growth 5Y37.89%
OCF growth 1Y110.59%
OCF growth 3Y16.84%
OCF growth 5Y30.53%