View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsCivitanavi Systems 将来の成長Future 基準チェック /56Civitanavi Systems利益と収益がそれぞれ年間33.2%と17.3%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に24.2% 37.9%なると予測されています。主要情報33.2%収益成長率37.86%EPS成長率Aerospace & Defense 収益成長26.1%収益成長率17.3%将来の株主資本利益率24.20%アナリストカバレッジLow最終更新日02 Aug 2024今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesBoard Change • Jun 28Less than half of directors are independentThere are 11 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 11 new directors. No experienced directors. 1 highly experienced director. 4 independent directors (5 non-independent directors). Chairman of the Board of Directors & CEO Andrea Pizzarulli is the most experienced director on the board, commencing their role in 2012. Independent Director Valerio Nalini was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Upcoming Dividend • Apr 29Upcoming dividend of €0.13 per shareEligible shareholders must have bought the stock before 06 May 2024. Payment date: 08 May 2024. Payout ratio and cash payout ratio are on the higher end at 93% and 89% respectively. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.0%).Board Change • Apr 25Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 9 new directors. No experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Chairman of the Board of Directors & CEO Andrea Pizzarulli is the most experienced director on the board, commencing their role in 2012. Independent Director Tullio Rozzi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.New Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.7% average weekly change). Minor Risks Dividend is not well covered by earnings (93% payout ratio). Profit margins are more than 30% lower than last year (9.7% net profit margin).Valuation Update With 7 Day Price Move • Apr 05Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €6.02, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 19x in the Aerospace & Defense industry in Germany. Total returns to shareholders of 77% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €6.14 per share.お知らせ • Mar 27Honeywell International Inc. (NasdaqGS:HON) announced the intention to acquire Civitanavi Systems S.p.A. from Civitanavi Systems Limited, Athena S.p.A. and other.Honeywell International Inc. (NasdaqGS:HON) announced the intention to acquire Civitanavi Systems S.p.A. from Civitanavi Systems Limited, Athena S.p.A. and others on March 27, 2024. Honeywell will initiate a voluntary tender offer to acquire all outstanding shares of Civitanavi for a purchase price of €6.30 per share in cash. The purchase price payable at closing represents a premium of approximately 27.1% to the 30-day volume-weighted average trading price of Civitanavi’s stock ended on March 26, 2024, the last day of trading before the announcement of the transaction. Honeywell has already secured the commitment of Civitanavi’s controlling shareholder, which owns approximately 66% of Civitanavi’s outstanding shares to tender its shares. The transaction is not subject to any financing condition and is expected to close in the third quarter of 2024, subject to customary closing conditions, including among the others: (i) receipt of required antitrust clearance; (ii) receipt of required clearances pursuant to the foreign direct investment regulations in Italy, United Kingdom and Canada and; (iii) the tender of at least 95% of Civitanavi’s outstanding shares. Bird & Bird is acting as legal counsel to Honeywell in the acquisition process, while UniCredit is acting as financial advisor.New Risk • Jan 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 101% Paying a dividend despite having no free cash flows. High level of non-cash earnings (41% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (9.5% net profit margin).Valuation Update With 7 Day Price Move • Jan 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €4.47, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 20x in the Aerospace & Defense industry in Europe. Total returns to shareholders of 36% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €8.04 per share.お知らせ • Dec 27+ 1 more updateCivitanavi Systems S.p.A. to Report First Half, 2024 Results on Sep 12, 2024Civitanavi Systems S.p.A. announced that they will report first half, 2024 results on Sep 12, 2024お知らせ • Dec 24Civitanavi Systems S.p.A., Annual General Meeting, Apr 24, 2024Civitanavi Systems S.p.A., Annual General Meeting, Apr 24, 2024. Agenda: To consider and approve the Financial Statements as of 31 December 2023.Reported Earnings • Sep 25First half 2023 earnings released: €0.032 loss per share (vs €0.066 profit in 1H 2022)First half 2023 results: €0.032 loss per share (down from €0.066 profit in 1H 2022). Revenue: €21.2m (up 58% from 1H 2022). Net loss: €973.6k (down 148% from profit in 1H 2022). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Aerospace & Defense industry in Germany.お知らせ • Jul 25Civitanavi Systems S.p.A. to Report First Half, 2023 Results on Sep 21, 2023Civitanavi Systems S.p.A. announced that they will report first half, 2023 results on Sep 21, 2023Reported Earnings • Mar 19Full year 2022 earnings released: EPS: €0.23 (vs €9.76 in FY 2021)Full year 2022 results: EPS: €0.23. Revenue: €34.4m (up 38% from FY 2021). Net income: €6.97m (up 43% from FY 2021). Profit margin: 20% (in line with FY 2021). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Germany.Board Change • Feb 15Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 9 new directors. No experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Chairman of the Board of Directors & CEO Andrea Pizzarulli is the most experienced director on the board, commencing their role in 2012. Independent Director Tullio Rozzi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • Feb 01Civitanavi Systems S.p.A. (BIT:CNS) entered into agreement to acquire PV Labs Inc .Civitanavi Systems S.p.A. (BIT:CNS) entered into agreement to acquire PV Labs Inc For on January 31, 2023.Valuation Update With 7 Day Price Move • Dec 28Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to €3.40, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 19x in the Aerospace & Defense industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €2.85 per share.Board Change • Nov 21Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 9 new directors. No experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Chairman of the Board of Directors & CEO Andrea Pizzarulli is the most experienced director on the board, commencing their role in 2012. Independent Director Tullio Rozzi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • Oct 12Civitanavi Systems Limited acquired 12.7% stake in Civitanavi Systems S.p.A. (BIT:CNS) from Public Joint Stock Company Perm Scientific Industrial Instrument-Making Company.Civitanavi Systems Limited acquired 12.7% stake in Civitanavi Systems S.p.A. (BIT:CNS) from Public Joint Stock Company Perm Scientific Industrial Instrument-Making Company on October 7, 2022.Civitanavi Systems Limited completed the acquisition of 12.7% stake in Civitanavi Systems S.p.A. (BIT:CNS) from Public Joint Stock Company Perm Scientific Industrial Instrument-Making Company on October 7, 2022.Board Change • Apr 29Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 9 new directors. No experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Chairman of the Board of Directors & CEO Andrea Pizzarulli is the most experienced director on the board, commencing their role in 2012. Independent Director Tullio Rozzi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Board Change • Mar 01High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. 1 highly experienced director. Chairman of the Board of Directors & CEO Andrea Pizzarulli is the most experienced director on the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.業績と収益の成長予測DB:D0R - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20267715918212/31/20256713715212/31/20245510411212/31/2023454511N/A9/30/2023444-16N/A6/30/2023424-62N/A3/31/202338507N/A12/31/2022347512N/A9/30/202232749N/A6/30/202228635N/A3/31/202227513N/A12/31/2021255-10N/A9/30/202123712N/A12/31/202018611N/A12/31/201916412N/A12/31/2018101-20N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: D0Rの予測収益成長率 (年間33.2% ) は 貯蓄率 ( 0.8% ) を上回っています。収益対市場: D0Rの収益 ( 33.2% ) はGerman市場 ( 17% ) よりも速いペースで成長すると予測されています。高成長収益: D0Rの収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: D0Rの収益 ( 17.3% ) German市場 ( 6.7% ) よりも速いペースで成長すると予測されています。高い収益成長: D0Rの収益 ( 17.3% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: D0Rの 自己資本利益率 は、3年後には高くなると予測されています ( 24.2 %)成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2024/08/26 18:47終値2024/08/26 00:00収益2023/12/31年間収益2023/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Civitanavi Systems S.p.A. 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Fraser DonlonBerenbergAndrea RandoneIntermonte SIM S.p.A.
Board Change • Jun 28Less than half of directors are independentThere are 11 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 11 new directors. No experienced directors. 1 highly experienced director. 4 independent directors (5 non-independent directors). Chairman of the Board of Directors & CEO Andrea Pizzarulli is the most experienced director on the board, commencing their role in 2012. Independent Director Valerio Nalini was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Upcoming Dividend • Apr 29Upcoming dividend of €0.13 per shareEligible shareholders must have bought the stock before 06 May 2024. Payment date: 08 May 2024. Payout ratio and cash payout ratio are on the higher end at 93% and 89% respectively. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.0%).
Board Change • Apr 25Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 9 new directors. No experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Chairman of the Board of Directors & CEO Andrea Pizzarulli is the most experienced director on the board, commencing their role in 2012. Independent Director Tullio Rozzi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
New Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.7% average weekly change). Minor Risks Dividend is not well covered by earnings (93% payout ratio). Profit margins are more than 30% lower than last year (9.7% net profit margin).
Valuation Update With 7 Day Price Move • Apr 05Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €6.02, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 19x in the Aerospace & Defense industry in Germany. Total returns to shareholders of 77% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €6.14 per share.
お知らせ • Mar 27Honeywell International Inc. (NasdaqGS:HON) announced the intention to acquire Civitanavi Systems S.p.A. from Civitanavi Systems Limited, Athena S.p.A. and other.Honeywell International Inc. (NasdaqGS:HON) announced the intention to acquire Civitanavi Systems S.p.A. from Civitanavi Systems Limited, Athena S.p.A. and others on March 27, 2024. Honeywell will initiate a voluntary tender offer to acquire all outstanding shares of Civitanavi for a purchase price of €6.30 per share in cash. The purchase price payable at closing represents a premium of approximately 27.1% to the 30-day volume-weighted average trading price of Civitanavi’s stock ended on March 26, 2024, the last day of trading before the announcement of the transaction. Honeywell has already secured the commitment of Civitanavi’s controlling shareholder, which owns approximately 66% of Civitanavi’s outstanding shares to tender its shares. The transaction is not subject to any financing condition and is expected to close in the third quarter of 2024, subject to customary closing conditions, including among the others: (i) receipt of required antitrust clearance; (ii) receipt of required clearances pursuant to the foreign direct investment regulations in Italy, United Kingdom and Canada and; (iii) the tender of at least 95% of Civitanavi’s outstanding shares. Bird & Bird is acting as legal counsel to Honeywell in the acquisition process, while UniCredit is acting as financial advisor.
New Risk • Jan 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 101% Paying a dividend despite having no free cash flows. High level of non-cash earnings (41% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (9.5% net profit margin).
Valuation Update With 7 Day Price Move • Jan 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €4.47, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 20x in the Aerospace & Defense industry in Europe. Total returns to shareholders of 36% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €8.04 per share.
お知らせ • Dec 27+ 1 more updateCivitanavi Systems S.p.A. to Report First Half, 2024 Results on Sep 12, 2024Civitanavi Systems S.p.A. announced that they will report first half, 2024 results on Sep 12, 2024
お知らせ • Dec 24Civitanavi Systems S.p.A., Annual General Meeting, Apr 24, 2024Civitanavi Systems S.p.A., Annual General Meeting, Apr 24, 2024. Agenda: To consider and approve the Financial Statements as of 31 December 2023.
Reported Earnings • Sep 25First half 2023 earnings released: €0.032 loss per share (vs €0.066 profit in 1H 2022)First half 2023 results: €0.032 loss per share (down from €0.066 profit in 1H 2022). Revenue: €21.2m (up 58% from 1H 2022). Net loss: €973.6k (down 148% from profit in 1H 2022). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Aerospace & Defense industry in Germany.
お知らせ • Jul 25Civitanavi Systems S.p.A. to Report First Half, 2023 Results on Sep 21, 2023Civitanavi Systems S.p.A. announced that they will report first half, 2023 results on Sep 21, 2023
Reported Earnings • Mar 19Full year 2022 earnings released: EPS: €0.23 (vs €9.76 in FY 2021)Full year 2022 results: EPS: €0.23. Revenue: €34.4m (up 38% from FY 2021). Net income: €6.97m (up 43% from FY 2021). Profit margin: 20% (in line with FY 2021). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Germany.
Board Change • Feb 15Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 9 new directors. No experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Chairman of the Board of Directors & CEO Andrea Pizzarulli is the most experienced director on the board, commencing their role in 2012. Independent Director Tullio Rozzi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • Feb 01Civitanavi Systems S.p.A. (BIT:CNS) entered into agreement to acquire PV Labs Inc .Civitanavi Systems S.p.A. (BIT:CNS) entered into agreement to acquire PV Labs Inc For on January 31, 2023.
Valuation Update With 7 Day Price Move • Dec 28Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to €3.40, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 19x in the Aerospace & Defense industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €2.85 per share.
Board Change • Nov 21Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 9 new directors. No experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Chairman of the Board of Directors & CEO Andrea Pizzarulli is the most experienced director on the board, commencing their role in 2012. Independent Director Tullio Rozzi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • Oct 12Civitanavi Systems Limited acquired 12.7% stake in Civitanavi Systems S.p.A. (BIT:CNS) from Public Joint Stock Company Perm Scientific Industrial Instrument-Making Company.Civitanavi Systems Limited acquired 12.7% stake in Civitanavi Systems S.p.A. (BIT:CNS) from Public Joint Stock Company Perm Scientific Industrial Instrument-Making Company on October 7, 2022.Civitanavi Systems Limited completed the acquisition of 12.7% stake in Civitanavi Systems S.p.A. (BIT:CNS) from Public Joint Stock Company Perm Scientific Industrial Instrument-Making Company on October 7, 2022.
Board Change • Apr 29Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 9 new directors. No experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Chairman of the Board of Directors & CEO Andrea Pizzarulli is the most experienced director on the board, commencing their role in 2012. Independent Director Tullio Rozzi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Board Change • Mar 01High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. 1 highly experienced director. Chairman of the Board of Directors & CEO Andrea Pizzarulli is the most experienced director on the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.