View Future GrowthEstrima 過去の業績過去 基準チェック /06Estrimaの収益は年間平均-11.4%の割合で減少していますが、 Auto業界の収益は年間 減少しています。収益は年間8.5% 11.1%割合で 増加しています。主要情報-11.40%収益成長率10.30%EPS成長率Auto 業界の成長25.21%収益成長率11.12%株主資本利益率-21.25%ネット・マージン-5.41%前回の決算情報31 Dec 2025最近の業績更新Reported Earnings • Jul 01Full year 2023 earnings released: €2.37 loss per share (vs €0.61 loss in FY 2022)Full year 2023 results: €2.37 loss per share (further deteriorated from €0.61 loss in FY 2022). Revenue: €44.2m (up 15% from FY 2022). Net loss: €11.9m (loss widened 285% from FY 2022). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Auto industry in Europe.Reported Earnings • Oct 06First half 2023 earnings released: €0.51 loss per share (vs €0.24 loss in 1H 2022)First half 2023 results: €0.51 loss per share (further deteriorated from €0.24 loss in 1H 2022). Revenue: €23.4m (up 20% from 1H 2022). Net loss: €2.58m (loss widened 117% from 1H 2022). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Auto industry in Europe.Reported Earnings • Oct 06First half 2023 earnings released: €0.51 loss per share (vs €0.24 loss in 1H 2022)First half 2023 results: €0.51 loss per share (further deteriorated from €0.24 loss in 1H 2022). Revenue: €23.4m (up 20% from 1H 2022). Net loss: €2.58m (loss widened 117% from 1H 2022). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Auto industry in Europe.すべての更新を表示Recent updatesNew Risk • Apr 19New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 26% per year over the past 5 years. Market cap is less than US$10m (€2.98m market cap, or US$3.50m). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end).お知らせ • Apr 16Estrima S.p.A., Annual General Meeting, Apr 30, 2026Estrima S.p.A., Annual General Meeting, Apr 30, 2026, at 16:00 W. Europe Standard Time.New Risk • Jan 15New major risk - Revenue and earnings growthEarnings have declined by 26% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 26% per year over the past 5 years. Shareholders have been substantially diluted in the past year (491% increase in shares outstanding). Market cap is less than US$10m (€4.21m market cap, or US$4.89m).New Risk • Dec 09New 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 Italian stocks, typically moving 7.4% 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 Risks Share price has been highly volatile over the past 3 months (7.4% average weekly change). Shareholders have been substantially diluted in the past year (491% increase in shares outstanding). Market cap is less than US$10m (€3.99m market cap, or US$4.64m). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (€723k net loss in 3 years).分析記事 • Dec 06Take Care Before Jumping Onto Estrima S.p.A. (BIT:ESTM) Even Though It's 29% CheaperThe Estrima S.p.A. ( BIT:ESTM ) share price has fared very poorly over the last month, falling by a substantial 29...分析記事 • Dec 06Estrima (BIT:ESTM) Has Debt But No Earnings; Should You Worry?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...New Risk • Nov 03New major risk - Revenue and earnings growthEarnings have declined by 26% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 26% per year over the past 5 years. Shareholders have been substantially diluted in the past year (491% increase in shares outstanding). Market cap is less than US$10m (€7.17m market cap, or US$8.26m). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change).分析記事 • Sep 24What You Can Learn From Estrima S.p.A.'s (BIT:BIRO) P/SWith a median price-to-sales (or "P/S") ratio of close to 0.3x in the Auto industry in Italy, you could be forgiven for...New Risk • Jul 24New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €8.45m (US$9.94m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (491% increase in shares outstanding). Market cap is less than US$10m (€8.45m market cap, or US$9.94m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Currently unprofitable and not forecast to become profitable over next 3 years (€1.1m net loss in 3 years). Share price has been volatile over the past 3 months (7.1% average weekly change).New Risk • Apr 27New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 491% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (491% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (€1.0m net loss in 2 years). Market cap is less than US$100m (€12.0m market cap, or US$13.6m).New Risk • Apr 15New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Market cap is less than US$10m (€2.05m market cap, or US$2.32m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (€899k net loss in 2 years).お知らせ • Mar 13Estrima S.p.A. announced that it expects to receive €3 million in fundingEstrima S.p.A. announced private placement transaction for gross proceeds € 3,000,000 on March 11, 2025.Buy Or Sell Opportunity • Feb 19Now 25% undervaluedOver the last 90 days, the stock has risen 95% to €0.43. The fair value is estimated to be €0.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last year. Earnings per share has declined by 130%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings are also forecast to grow by 68% per annum over the same time period.分析記事 • Feb 19Estimating The Intrinsic Value Of Estrima S.p.A. (BIT:BIRO)Key Insights The projected fair value for Estrima is €0.57 based on 2 Stage Free Cash Flow to Equity With €0.57 share...Major Estimate Revision • Oct 15Consensus EPS estimates upgraded to €0.10 loss, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €39.0m to €37.7m. 2024 losses expected to reduce from -€0.13 to -€0.10 per share. Auto industry in Italy expected to see average net income growth of 0.6% next year. Consensus price target down from €0.50 to €0.40. Share price fell 7.0% to €0.40 over the past week.Buy Or Sell Opportunity • Oct 14Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to €0.40. The fair value is estimated to be €0.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last year. Earnings per share has declined by 130%. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings are also forecast to grow by 70% per annum over the same time period.Reported Earnings • Jul 01Full year 2023 earnings released: €2.37 loss per share (vs €0.61 loss in FY 2022)Full year 2023 results: €2.37 loss per share (further deteriorated from €0.61 loss in FY 2022). Revenue: €44.2m (up 15% from FY 2022). Net loss: €11.9m (loss widened 285% from FY 2022). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Auto industry in Europe.お知らせ • Jun 16Estrima S.p.A., Annual General Meeting, Jun 27, 2024Estrima S.p.A., Annual General Meeting, Jun 27, 2024, at 17:00 W. Europe Standard Time. Location: via pordenone n 1, portogruaro Italy分析記事 • Jun 03Estimating The Intrinsic Value Of Estrima S.p.A. (BIT:BIRO)Key Insights Estrima's estimated fair value is €0.47 based on 2 Stage Free Cash Flow to Equity With €0.49 share price...New Risk • May 29New major risk - Revenue and earnings growthEarnings have declined by 53% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 53% per year over the past 5 years. Market cap is less than US$10m (€2.77m market cap, or US$3.01m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end).New Risk • Apr 21New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Market cap is less than US$10m (€2.57m market cap, or US$2.74m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (€1.5m net loss in 2 years).New Risk • Jan 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 6.4% 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 Risk Market cap is less than US$10m (€4.38m market cap, or US$4.77m). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (€306k net loss in 3 years). Share price has been volatile over the past 3 months (6.4% average weekly change).Major Estimate Revision • Oct 10Consensus EPS estimates upgraded to €0.23 loss, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from €48.0m to €45.3m. 2023 losses expected to reduce from -€0.30 to -€0.23 per share. Auto industry in Italy expected to see average net income growth of 12% next year. Consensus price target down from €2.75 to €1.60. Share price was steady at €0.93 over the past week.Reported Earnings • Oct 06First half 2023 earnings released: €0.51 loss per share (vs €0.24 loss in 1H 2022)First half 2023 results: €0.51 loss per share (further deteriorated from €0.24 loss in 1H 2022). Revenue: €23.4m (up 20% from 1H 2022). Net loss: €2.58m (loss widened 117% from 1H 2022). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Auto industry in Europe.Reported Earnings • Oct 06First half 2023 earnings released: €0.51 loss per share (vs €0.24 loss in 1H 2022)First half 2023 results: €0.51 loss per share (further deteriorated from €0.24 loss in 1H 2022). Revenue: €23.4m (up 20% from 1H 2022). Net loss: €2.58m (loss widened 117% from 1H 2022). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Auto industry in Europe.New Risk • Sep 29New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: €4.5m Forecast net loss in 2 years: €16k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (€4.54m market cap, or US$4.81m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€16k net loss in 2 years). Share price has been volatile over the past 3 months (5.7% average weekly change).分析記事 • Aug 05Market Cool On Estrima S.p.A.'s (BIT:BIRO) RevenuesWith a median price-to-sales (or "P/S") ratio of close to 0.4x in the Auto industry in Italy, you could be forgiven for...Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Vice President of the Board Ermes Fornasier was the last director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Oct 28Estrima S.p.A., Inaugurates First Birò PointEstrima S.p.A., inaugurated its first Birò Point, anew sales format that will make it possible to make Birò known and purchase even inside multi-product and non-competing shops. Inside Movegreen, one of the best known shops dedicated to sustainable mobility, the first Birò Point enjoys an exclusive area and is managed by a dedicated business partner with in-depth knowledge of the local market. the new format, it will be possible to significantly increase the visibility of Birò, showing its advantages in terms of safety, mobility and environmental friendliness.収支内訳Estrima の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史BIT:ESTM 収益、費用、利益 ( )EUR Millions日付収益収益G+A経費研究開発費31 Dec 2527-15030 Sep 2527-26030 Jun 2527-26031 Mar 2530-26031 Dec 2434-26030 Sep 2437-67030 Jun 2441-107031 Mar 2442-118031 Dec 2344-128030 Sep 2343-88030 Jun 2342-48031 Mar 2340-48031 Dec 2238-37030 Sep 2233-36030 Jun 2227-25031 Mar 2218-23031 Dec 219-12031 Dec 20401031 Dec 19601031 Dec 186010質の高い収益: ESTMは現在利益が出ていません。利益率の向上: ESTMは現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: ESTMは利益が出ておらず、過去 5 年間で損失は年間11.4%の割合で増加しています。成長の加速: ESTMの過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: ESTMは利益が出ていないため、過去 1 年間の収益成長をAuto業界 ( -34.7% ) と比較することは困難です。株主資本利益率高いROE: ESTMは現在利益が出ていないため、自己資本利益率 ( -21.25% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YAutomobiles 、過去の業績が好調な企業。View Financial Health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2026/06/12 21:31終値2026/06/12 00:00収益2025/12/31年間収益2025/12/31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Estrima S.p.A. 0 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。1 アナリスト機関Massimo BonisoliEquita SIM S.p.A.
Reported Earnings • Jul 01Full year 2023 earnings released: €2.37 loss per share (vs €0.61 loss in FY 2022)Full year 2023 results: €2.37 loss per share (further deteriorated from €0.61 loss in FY 2022). Revenue: €44.2m (up 15% from FY 2022). Net loss: €11.9m (loss widened 285% from FY 2022). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Auto industry in Europe.
Reported Earnings • Oct 06First half 2023 earnings released: €0.51 loss per share (vs €0.24 loss in 1H 2022)First half 2023 results: €0.51 loss per share (further deteriorated from €0.24 loss in 1H 2022). Revenue: €23.4m (up 20% from 1H 2022). Net loss: €2.58m (loss widened 117% from 1H 2022). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Auto industry in Europe.
Reported Earnings • Oct 06First half 2023 earnings released: €0.51 loss per share (vs €0.24 loss in 1H 2022)First half 2023 results: €0.51 loss per share (further deteriorated from €0.24 loss in 1H 2022). Revenue: €23.4m (up 20% from 1H 2022). Net loss: €2.58m (loss widened 117% from 1H 2022). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Auto industry in Europe.
New Risk • Apr 19New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 26% per year over the past 5 years. Market cap is less than US$10m (€2.98m market cap, or US$3.50m). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end).
お知らせ • Apr 16Estrima S.p.A., Annual General Meeting, Apr 30, 2026Estrima S.p.A., Annual General Meeting, Apr 30, 2026, at 16:00 W. Europe Standard Time.
New Risk • Jan 15New major risk - Revenue and earnings growthEarnings have declined by 26% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 26% per year over the past 5 years. Shareholders have been substantially diluted in the past year (491% increase in shares outstanding). Market cap is less than US$10m (€4.21m market cap, or US$4.89m).
New Risk • Dec 09New 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 Italian stocks, typically moving 7.4% 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 Risks Share price has been highly volatile over the past 3 months (7.4% average weekly change). Shareholders have been substantially diluted in the past year (491% increase in shares outstanding). Market cap is less than US$10m (€3.99m market cap, or US$4.64m). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (€723k net loss in 3 years).
分析記事 • Dec 06Take Care Before Jumping Onto Estrima S.p.A. (BIT:ESTM) Even Though It's 29% CheaperThe Estrima S.p.A. ( BIT:ESTM ) share price has fared very poorly over the last month, falling by a substantial 29...
分析記事 • Dec 06Estrima (BIT:ESTM) Has Debt But No Earnings; Should You Worry?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
New Risk • Nov 03New major risk - Revenue and earnings growthEarnings have declined by 26% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 26% per year over the past 5 years. Shareholders have been substantially diluted in the past year (491% increase in shares outstanding). Market cap is less than US$10m (€7.17m market cap, or US$8.26m). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change).
分析記事 • Sep 24What You Can Learn From Estrima S.p.A.'s (BIT:BIRO) P/SWith a median price-to-sales (or "P/S") ratio of close to 0.3x in the Auto industry in Italy, you could be forgiven for...
New Risk • Jul 24New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €8.45m (US$9.94m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (491% increase in shares outstanding). Market cap is less than US$10m (€8.45m market cap, or US$9.94m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Currently unprofitable and not forecast to become profitable over next 3 years (€1.1m net loss in 3 years). Share price has been volatile over the past 3 months (7.1% average weekly change).
New Risk • Apr 27New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 491% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (491% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (€1.0m net loss in 2 years). Market cap is less than US$100m (€12.0m market cap, or US$13.6m).
New Risk • Apr 15New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Market cap is less than US$10m (€2.05m market cap, or US$2.32m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (€899k net loss in 2 years).
お知らせ • Mar 13Estrima S.p.A. announced that it expects to receive €3 million in fundingEstrima S.p.A. announced private placement transaction for gross proceeds € 3,000,000 on March 11, 2025.
Buy Or Sell Opportunity • Feb 19Now 25% undervaluedOver the last 90 days, the stock has risen 95% to €0.43. The fair value is estimated to be €0.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last year. Earnings per share has declined by 130%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings are also forecast to grow by 68% per annum over the same time period.
分析記事 • Feb 19Estimating The Intrinsic Value Of Estrima S.p.A. (BIT:BIRO)Key Insights The projected fair value for Estrima is €0.57 based on 2 Stage Free Cash Flow to Equity With €0.57 share...
Major Estimate Revision • Oct 15Consensus EPS estimates upgraded to €0.10 loss, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €39.0m to €37.7m. 2024 losses expected to reduce from -€0.13 to -€0.10 per share. Auto industry in Italy expected to see average net income growth of 0.6% next year. Consensus price target down from €0.50 to €0.40. Share price fell 7.0% to €0.40 over the past week.
Buy Or Sell Opportunity • Oct 14Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to €0.40. The fair value is estimated to be €0.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last year. Earnings per share has declined by 130%. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings are also forecast to grow by 70% per annum over the same time period.
Reported Earnings • Jul 01Full year 2023 earnings released: €2.37 loss per share (vs €0.61 loss in FY 2022)Full year 2023 results: €2.37 loss per share (further deteriorated from €0.61 loss in FY 2022). Revenue: €44.2m (up 15% from FY 2022). Net loss: €11.9m (loss widened 285% from FY 2022). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Auto industry in Europe.
お知らせ • Jun 16Estrima S.p.A., Annual General Meeting, Jun 27, 2024Estrima S.p.A., Annual General Meeting, Jun 27, 2024, at 17:00 W. Europe Standard Time. Location: via pordenone n 1, portogruaro Italy
分析記事 • Jun 03Estimating The Intrinsic Value Of Estrima S.p.A. (BIT:BIRO)Key Insights Estrima's estimated fair value is €0.47 based on 2 Stage Free Cash Flow to Equity With €0.49 share price...
New Risk • May 29New major risk - Revenue and earnings growthEarnings have declined by 53% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 53% per year over the past 5 years. Market cap is less than US$10m (€2.77m market cap, or US$3.01m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end).
New Risk • Apr 21New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Market cap is less than US$10m (€2.57m market cap, or US$2.74m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (€1.5m net loss in 2 years).
New Risk • Jan 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 6.4% 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 Risk Market cap is less than US$10m (€4.38m market cap, or US$4.77m). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (€306k net loss in 3 years). Share price has been volatile over the past 3 months (6.4% average weekly change).
Major Estimate Revision • Oct 10Consensus EPS estimates upgraded to €0.23 loss, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from €48.0m to €45.3m. 2023 losses expected to reduce from -€0.30 to -€0.23 per share. Auto industry in Italy expected to see average net income growth of 12% next year. Consensus price target down from €2.75 to €1.60. Share price was steady at €0.93 over the past week.
Reported Earnings • Oct 06First half 2023 earnings released: €0.51 loss per share (vs €0.24 loss in 1H 2022)First half 2023 results: €0.51 loss per share (further deteriorated from €0.24 loss in 1H 2022). Revenue: €23.4m (up 20% from 1H 2022). Net loss: €2.58m (loss widened 117% from 1H 2022). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Auto industry in Europe.
Reported Earnings • Oct 06First half 2023 earnings released: €0.51 loss per share (vs €0.24 loss in 1H 2022)First half 2023 results: €0.51 loss per share (further deteriorated from €0.24 loss in 1H 2022). Revenue: €23.4m (up 20% from 1H 2022). Net loss: €2.58m (loss widened 117% from 1H 2022). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Auto industry in Europe.
New Risk • Sep 29New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: €4.5m Forecast net loss in 2 years: €16k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (€4.54m market cap, or US$4.81m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€16k net loss in 2 years). Share price has been volatile over the past 3 months (5.7% average weekly change).
分析記事 • Aug 05Market Cool On Estrima S.p.A.'s (BIT:BIRO) RevenuesWith a median price-to-sales (or "P/S") ratio of close to 0.4x in the Auto industry in Italy, you could be forgiven for...
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Vice President of the Board Ermes Fornasier was the last director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Oct 28Estrima S.p.A., Inaugurates First Birò PointEstrima S.p.A., inaugurated its first Birò Point, anew sales format that will make it possible to make Birò known and purchase even inside multi-product and non-competing shops. Inside Movegreen, one of the best known shops dedicated to sustainable mobility, the first Birò Point enjoys an exclusive area and is managed by a dedicated business partner with in-depth knowledge of the local market. the new format, it will be possible to significantly increase the visibility of Birò, showing its advantages in terms of safety, mobility and environmental friendliness.