This company listing is no longer activeThis company may still be operating, however this listing is no longer active.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 EventsGreenthesis（GTH）株式概要Greenthesis S.p.A.は、イタリアで特殊廃棄物、有害廃棄物、非有害廃棄物の浄化、環境修復、処理、回収、処分を行っている。 詳細GTH ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長4/6過去の実績2/6財務の健全性3/6配当金2/6報酬当社が推定した公正価値より26.1%で取引されている 収益は年間8.43%増加すると予測されています リスク分析多額の負債を抱えている すべてのリスクチェックを見るGTH Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€2.3010.0% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-13m253m2016201920222025202620282031Revenue €253.5mEarnings €22.0mAdvancedSet Fair ValueView all narrativesGreenthesis S.p.A. 競合他社Azienda Bresciana Petroli NocivelliSymbol: BIT:ABPMarket cap: €196.4mF.I.L.A. - Fabbrica Italiana Lapis ed AffiniSymbol: BIT:FILAMarket cap: €474.9mTinextaSymbol: BIT:TNXTMarket cap: €702.1mSebinoSymbol: BIT:SEBMarket cap: €96.8m価格と性能株価の高値、安値、推移の概要Greenthesis過去の株価現在の株価€2.3052週高値€2.3052週安値€0.86ベータ0.281ヶ月の変化0.88%3ヶ月変化1.32%1年変化157.27%3年間の変化191.14%5年間の変化427.52%IPOからの変化-1.08%最新ニュースUpcoming Dividend • May 27Upcoming dividend of €0.03 per shareEligible shareholders must have bought the stock before 03 June 2024. Payment date: 05 June 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Italian dividend payers (5.3%). Lower than average of industry peers (1.9%).分析記事 • Apr 13Greenthesis S.p.A.'s (BIT:GTH) 136% Share Price Surge Not Quite Adding UpGreenthesis S.p.A. ( BIT:GTH ) shareholders have had their patience rewarded with a 136% share price jump in the last...New Risk • Apr 11New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (37% average weekly change).Reported Earnings • Apr 11Full year 2023 earnings released: EPS: €0.10 (vs €0.12 in FY 2022)Full year 2023 results: EPS: €0.10 (down from €0.12 in FY 2022). Revenue: €173.4m (up 3.5% from FY 2022). Net income: €15.0m (down 13% from FY 2022). Profit margin: 8.7% (down from 10% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Apr 08New 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 Risk Share price has been highly volatile over the past 3 months (38% average weekly change). Minor Risks High level of debt (170% net debt to equity). Latest financial reports are more than 6 months old (reported June 2023 fiscal period end).分析記事 • Apr 06Greenthesis (BIT:GTH) Is Doing The Right Things To Multiply Its Share PriceTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...最新情報をもっと見るRecent updatesUpcoming Dividend • May 27Upcoming dividend of €0.03 per shareEligible shareholders must have bought the stock before 03 June 2024. Payment date: 05 June 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Italian dividend payers (5.3%). Lower than average of industry peers (1.9%).分析記事 • Apr 13Greenthesis S.p.A.'s (BIT:GTH) 136% Share Price Surge Not Quite Adding UpGreenthesis S.p.A. ( BIT:GTH ) shareholders have had their patience rewarded with a 136% share price jump in the last...New Risk • Apr 11New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (37% average weekly change).Reported Earnings • Apr 11Full year 2023 earnings released: EPS: €0.10 (vs €0.12 in FY 2022)Full year 2023 results: EPS: €0.10 (down from €0.12 in FY 2022). Revenue: €173.4m (up 3.5% from FY 2022). Net income: €15.0m (down 13% from FY 2022). Profit margin: 8.7% (down from 10% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Apr 08New 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 Risk Share price has been highly volatile over the past 3 months (38% average weekly change). Minor Risks High level of debt (170% net debt to equity). Latest financial reports are more than 6 months old (reported June 2023 fiscal period end).分析記事 • Apr 06Greenthesis (BIT:GTH) Is Doing The Right Things To Multiply Its Share PriceTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...New Risk • Apr 05New 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 37% 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 (37% average weekly change). Minor Risk High level of debt (170% net debt to equity).お知らせ • Feb 02Greenthesis S.p.A. (BIT:GTH) acquired an 80% stake in Elite Ambiente Srl.Greenthesis S.p.A. (BIT:GTH) acquired an 80% stake in Elite Ambiente Srl on February 1, 2024. In related transaction, Greenthesis S.p.A. acquired Ecorex Srl, Euro Veneta Srl, Emme Trasporti Srl and Execo Srl from ETHAN Group. Aggregately, the equity value of consideration for 80% is €25.3 million. In the context of the binding agreements signed between the parties in reference to the Operation, it is also expected that, by June 30, 2026, Greenthesis will also purchase the remaining 20% of the share capital of the Target Companies, as well as also be able to proceed with the possible purchase of five real estate complexes instrumental to the operational activity currently used by the Target Companies themselves. Greenthesis Group was supported through resources deriving from the financing of €50 million finalized by Greenthesis with a pool of banks financing companies.Greenthesis S.p.A. (BIT:GTH) completed the acquisition of an 80% stake in Elite Ambiente Srl on February 1, 2024.お知らせ • Dec 21Greenthesis S.p.A. (BIT:GTH) acquired 70% stake in Bigaran Srl.Greenthesis S.p.A. (BIT:GTH) acquired 70% stake in Bigaran Srl on December 18, 2023. The Enterprise Value of Bigaran, which closed the 2022 financial year with a turnover exceeding €20 million, was determined at €17 million, divided into a fixed part and a variable part, the latter linked to a earnout based on the results that it will achieve in the financial years 2024, 2025 and 2026. Pursuant to the agreements signed, the following are also envisaged, among other things: (i) a sale option in favor of the minority shareholders, concerning the shareholding held by them in the share capital of Bigaran, to be exercised in a single solution in the period between April 1, 2027 and September 30, 2027, as well as (ii) a purchase option in favor of Greenthesis SpA, concerning 30% of the share capital of Target held jointly by the minority shareholders, to be exercised in a single solution in the period between April 1, 2028 and September 30, 2028. This acquisition, in line with the strategic-industrial assumptions of the Greenthesis Group of strengthening itself with assets characterized by businesses with a high component of circular activities , will allow it to obtain important operational and commercial synergies for the benefit of the customer base in North-East Italy. Natixis Corporate & Investment Banking acted as M&A advisor, Chiomenti Studio Legale acted as legal advisor and Ferraro, Ginevra, Gualtieri – Studio Internazionale advised to Greenthesis and seller was assisted by Studio Casonato.Greenthesis S.p.A. (BIT:GTH) completed the acquisition of 70% stake in Bigaran Srl on December 18, 2023.Reported Earnings • Sep 26First half 2023 earnings released: EPS: €0.054 (vs €0.051 in 1H 2022)First half 2023 results: EPS: €0.054 (up from €0.051 in 1H 2022). Revenue: €85.0m (up 5.5% from 1H 2022). Net income: €8.21m (up 6.9% from 1H 2022). Profit margin: 9.7% (in line with 1H 2022). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Commercial Services industry in Italy. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 29Upcoming dividend of €0.019 per share at 2.0% yieldEligible shareholders must have bought the stock before 05 June 2023. Payment date: 07 June 2023. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Italian dividend payers (5.3%). Higher than average of industry peers (1.6%).Reported Earnings • Apr 12Full year 2022 earnings releasedFull year 2022 results: Revenue: €171.7m (up 11% from FY 2021). Net income: €17.3m (up 79% from FY 2021). Profit margin: 10% (up from 6.2% in FY 2021). The increase in margin was driven by higher revenue.Price Target Changed • Nov 16Price target increased to €1.35Up from €0.90, the current price target is provided by 1 analyst. New target price is 38% above last closing price of €0.98. Stock is up 20% over the past year. The company is forecast to post earnings per share of €0.09 for next year compared to €0.064 last year.Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Chiara Paolino was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Valuation Update With 7 Day Price Move • May 30Investor sentiment improved over the past weekAfter last week's 15% share price gain to €1.03, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Commercial Services industry in Italy. Total returns to shareholders of 180% over the past three years.Board Change • May 04Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Chiara Paolino was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Price Target Changed • Apr 27Price target increased to €1.35Up from €0.90, the current price target is provided by 1 analyst. New target price is 58% above last closing price of €0.86. Stock is up 9.2% over the past year. The company is forecast to post earnings per share of €0.09 for next year compared to €0.064 last year.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Gabriella Chiellino was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 17Full year 2021 earnings: Revenues miss analyst expectationsFull year 2021 results: Revenue: €155.9m (up 83% from FY 2020). Net income: €9.65m (up 211% from FY 2020). Profit margin: 6.2% (up from 3.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 6.1%. Over the next year, revenue is forecast to grow 12%, compared to a 80% growth forecast for the industry in Italy.Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improved over the past weekAfter last week's 20% share price gain to €1.10, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Commercial Services industry in Europe. Total returns to shareholders of 223% over the past three years.分析記事 • Jan 23Upgrade: Analysts Just Made A Dazzling Increase To Their Ambienthesis S.p.A. (BIT:ATH) ForecastsAmbienthesis S.p.A. ( BIT:ATH ) shareholders will have a reason to smile today, with the covering analyst making...Major Estimate Revision • Jan 22Consensus revenue estimates increase by 58%The consensus outlook for revenues in 2021 has improved. 2021 revenue forecast increased from €105.2m to €166.0m. EPS estimate increased from €0.04 to €0.09 per share. Net income forecast to grow 265% next year vs 27% growth forecast for Commercial Services industry in Italy. Consensus price target up from €0.90 to €1.35. Share price rose 5.5% to €1.16 over the past week.分析記事 • Dec 09The Return Trends At Ambienthesis (BIT:ATH) Look PromisingThere are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improved over the past weekAfter last week's 25% share price gain to €1.15, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 16x in the Commercial Services industry in Europe. Total returns to shareholders of 255% over the past three years.Reported Earnings • Aug 14First half 2021 earnings released: EPS €0.03 (vs €0.023 in 1H 2020)The company reported a solid first half result with improved earnings and revenues, although profit margins were flat. First half 2021 results: Revenue: €52.9m (up 36% from 1H 2020). Net income: €2.69m (up 35% from 1H 2020). Profit margin: 5.1% (in line with 1H 2020). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Jul 29Ambienthesis (BIT:ATH) Is Experiencing Growth In Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...分析記事 • Jun 10Calculating The Fair Value Of Ambienthesis S.p.A. (BIT:ATH)How far off is Ambienthesis S.p.A. ( BIT:ATH ) from its intrinsic value? Using the most recent financial data, we'll...Major Estimate Revision • May 23Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from €0.054 to €0.034 per share. Revenue forecast steady at €98.5m. Net income forecast to shrink 0.06% next year vs 25% growth forecast for Commercial Services industry in Italy . Consensus price target of €0.90 unchanged from last update. Share price rose 2.6% to €0.80 over the past week.Major Estimate Revision • May 21Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from €0.054 to €0.034 per share. Revenue forecast steady at €98.5m. Net income forecast to grow 61% next year vs 25% growth forecast for Commercial Services industry in Italy. Consensus price target of €0.90 unchanged from last update. Share price rose 2.6% to €0.80 over the past week.Reported Earnings • Apr 16Full year 2020 earnings released: EPS €0.035 (vs €0.049 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €85.5m (down 1.1% from FY 2019). Net income: €3.10m (down 29% from FY 2019). Profit margin: 3.6% (down from 5.1% in FY 2019). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.分析記事 • Apr 16Ambienthesis (BIT:ATH) Takes On Some Risk With Its Use Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Mar 17Is There More Growth In Store For Ambienthesis' (BIT:ATH) Returns On Capital?To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...Is New 90 Day High Low • Feb 12New 90-day high: €0.84The company is up 41% from its price of €0.60 on 13 November 2020. The Italian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 18% over the same period.分析記事 • Jan 24If You Had Bought Ambienthesis (BIT:ATH) Stock Three Years Ago, You Could Pocket A 76% Gain TodayBy buying an index fund, investors can approximate the average market return. But if you buy good businesses at...Is New 90 Day High Low • Jan 07New 90-day high: €0.74The company is up 10.0% from its price of €0.68 on 09 October 2020. The Italian market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 15% over the same period.分析記事 • Jan 03Should You Use Ambienthesis's (BIT:ATH) Statutory Earnings To Analyse It?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...分析記事 • Dec 13Here’s What’s Happening With Returns At Ambienthesis (BIT:ATH)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Is New 90 Day High Low • Dec 03New 90-day high: €0.71The company is up 2.0% from its price of €0.70 on 04 September 2020. The Italian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 12% over the same period.分析記事 • Nov 23Ambienthesis (BIT:ATH) Takes On Some Risk With Its Use Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...株主還元GTHIT Commercial ServicesIT 市場7D0.4%-0.5%1.6%1Y157.3%3.4%20.1%株主還元を見る業界別リターン: GTH過去 1 年間で3.4 % の収益を上げたItalian Commercial Services業界を上回りました。リターン対市場: GTH過去 1 年間で20.1 % の収益を上げたItalian市場を上回りました。価格変動Is GTH's price volatile compared to industry and market?GTH volatilityGTH Average Weekly Movement0.5%Commercial Services Industry Average Movement6.1%Market Average Movement5.2%10% most volatile stocks in IT Market8.1%10% least volatile stocks in IT Market3.0%安定した株価: GTH 、 Italian市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: GTHの 週次ボラティリティ は、過去 1 年間で19%から1%に減少しました。会社概要設立従業員CEO（最高経営責任者ウェブサイトn/a396Simona Grossigreenthesis.greenthesisgroup.comGreenthesis S.p.A.社は、イタリアで特殊廃棄物、有害廃棄物、非有害廃棄物の浄化、環境修復、処理、回収、処分を行っている。産業廃棄物の処理、回収、処分、エネルギー生産、固定および移動式プラントのエンジニアリング、設計、建設を行っている。また、汚染サイトの修復も行っている。また、固定式廃棄物処理・回収プラントや移動式システムの設置も行っている。Greenthesis S.p.A.はイタリアのセグラーテに本拠地を置く。Greenthesis S.p.A.はPlanesys SpAの子会社である。もっと見るGreenthesis S.p.A. 基礎のまとめGreenthesis の収益と売上を時価総額と比較するとどうか。GTH 基礎統計学時価総額€346.58m収益（TTM）€15.03m売上高(TTM)€173.11m23.1xPER（株価収益率2.0xP/SレシオGTH は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計GTH 損益計算書（TTM）収益€173.11m売上原価€121.46m売上総利益€51.65mその他の費用€36.62m収益€15.03m直近の収益報告Dec 31, 2023次回決算日該当なし一株当たり利益（EPS）0.10グロス・マージン29.84%純利益率8.68%有利子負債／自己資本比率383.6%GTH の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.3%現在の配当利回り30%配当性向View Valuation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2024/09/23 18:39終値2024/09/23 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Greenthesis S.p.A. 1 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。0
Upcoming Dividend • May 27Upcoming dividend of €0.03 per shareEligible shareholders must have bought the stock before 03 June 2024. Payment date: 05 June 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Italian dividend payers (5.3%). Lower than average of industry peers (1.9%).
分析記事 • Apr 13Greenthesis S.p.A.'s (BIT:GTH) 136% Share Price Surge Not Quite Adding UpGreenthesis S.p.A. ( BIT:GTH ) shareholders have had their patience rewarded with a 136% share price jump in the last...
New Risk • Apr 11New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (37% average weekly change).
Reported Earnings • Apr 11Full year 2023 earnings released: EPS: €0.10 (vs €0.12 in FY 2022)Full year 2023 results: EPS: €0.10 (down from €0.12 in FY 2022). Revenue: €173.4m (up 3.5% from FY 2022). Net income: €15.0m (down 13% from FY 2022). Profit margin: 8.7% (down from 10% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Apr 08New 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 Risk Share price has been highly volatile over the past 3 months (38% average weekly change). Minor Risks High level of debt (170% net debt to equity). Latest financial reports are more than 6 months old (reported June 2023 fiscal period end).
分析記事 • Apr 06Greenthesis (BIT:GTH) Is Doing The Right Things To Multiply Its Share PriceTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Upcoming Dividend • May 27Upcoming dividend of €0.03 per shareEligible shareholders must have bought the stock before 03 June 2024. Payment date: 05 June 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Italian dividend payers (5.3%). Lower than average of industry peers (1.9%).
分析記事 • Apr 13Greenthesis S.p.A.'s (BIT:GTH) 136% Share Price Surge Not Quite Adding UpGreenthesis S.p.A. ( BIT:GTH ) shareholders have had their patience rewarded with a 136% share price jump in the last...
New Risk • Apr 11New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (37% average weekly change).
Reported Earnings • Apr 11Full year 2023 earnings released: EPS: €0.10 (vs €0.12 in FY 2022)Full year 2023 results: EPS: €0.10 (down from €0.12 in FY 2022). Revenue: €173.4m (up 3.5% from FY 2022). Net income: €15.0m (down 13% from FY 2022). Profit margin: 8.7% (down from 10% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Apr 08New 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 Risk Share price has been highly volatile over the past 3 months (38% average weekly change). Minor Risks High level of debt (170% net debt to equity). Latest financial reports are more than 6 months old (reported June 2023 fiscal period end).
分析記事 • Apr 06Greenthesis (BIT:GTH) Is Doing The Right Things To Multiply Its Share PriceTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
New Risk • Apr 05New 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 37% 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 (37% average weekly change). Minor Risk High level of debt (170% net debt to equity).
お知らせ • Feb 02Greenthesis S.p.A. (BIT:GTH) acquired an 80% stake in Elite Ambiente Srl.Greenthesis S.p.A. (BIT:GTH) acquired an 80% stake in Elite Ambiente Srl on February 1, 2024. In related transaction, Greenthesis S.p.A. acquired Ecorex Srl, Euro Veneta Srl, Emme Trasporti Srl and Execo Srl from ETHAN Group. Aggregately, the equity value of consideration for 80% is €25.3 million. In the context of the binding agreements signed between the parties in reference to the Operation, it is also expected that, by June 30, 2026, Greenthesis will also purchase the remaining 20% of the share capital of the Target Companies, as well as also be able to proceed with the possible purchase of five real estate complexes instrumental to the operational activity currently used by the Target Companies themselves. Greenthesis Group was supported through resources deriving from the financing of €50 million finalized by Greenthesis with a pool of banks financing companies.Greenthesis S.p.A. (BIT:GTH) completed the acquisition of an 80% stake in Elite Ambiente Srl on February 1, 2024.
お知らせ • Dec 21Greenthesis S.p.A. (BIT:GTH) acquired 70% stake in Bigaran Srl.Greenthesis S.p.A. (BIT:GTH) acquired 70% stake in Bigaran Srl on December 18, 2023. The Enterprise Value of Bigaran, which closed the 2022 financial year with a turnover exceeding €20 million, was determined at €17 million, divided into a fixed part and a variable part, the latter linked to a earnout based on the results that it will achieve in the financial years 2024, 2025 and 2026. Pursuant to the agreements signed, the following are also envisaged, among other things: (i) a sale option in favor of the minority shareholders, concerning the shareholding held by them in the share capital of Bigaran, to be exercised in a single solution in the period between April 1, 2027 and September 30, 2027, as well as (ii) a purchase option in favor of Greenthesis SpA, concerning 30% of the share capital of Target held jointly by the minority shareholders, to be exercised in a single solution in the period between April 1, 2028 and September 30, 2028. This acquisition, in line with the strategic-industrial assumptions of the Greenthesis Group of strengthening itself with assets characterized by businesses with a high component of circular activities , will allow it to obtain important operational and commercial synergies for the benefit of the customer base in North-East Italy. Natixis Corporate & Investment Banking acted as M&A advisor, Chiomenti Studio Legale acted as legal advisor and Ferraro, Ginevra, Gualtieri – Studio Internazionale advised to Greenthesis and seller was assisted by Studio Casonato.Greenthesis S.p.A. (BIT:GTH) completed the acquisition of 70% stake in Bigaran Srl on December 18, 2023.
Reported Earnings • Sep 26First half 2023 earnings released: EPS: €0.054 (vs €0.051 in 1H 2022)First half 2023 results: EPS: €0.054 (up from €0.051 in 1H 2022). Revenue: €85.0m (up 5.5% from 1H 2022). Net income: €8.21m (up 6.9% from 1H 2022). Profit margin: 9.7% (in line with 1H 2022). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Commercial Services industry in Italy. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 29Upcoming dividend of €0.019 per share at 2.0% yieldEligible shareholders must have bought the stock before 05 June 2023. Payment date: 07 June 2023. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Italian dividend payers (5.3%). Higher than average of industry peers (1.6%).
Reported Earnings • Apr 12Full year 2022 earnings releasedFull year 2022 results: Revenue: €171.7m (up 11% from FY 2021). Net income: €17.3m (up 79% from FY 2021). Profit margin: 10% (up from 6.2% in FY 2021). The increase in margin was driven by higher revenue.
Price Target Changed • Nov 16Price target increased to €1.35Up from €0.90, the current price target is provided by 1 analyst. New target price is 38% above last closing price of €0.98. Stock is up 20% over the past year. The company is forecast to post earnings per share of €0.09 for next year compared to €0.064 last year.
Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Chiara Paolino was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Valuation Update With 7 Day Price Move • May 30Investor sentiment improved over the past weekAfter last week's 15% share price gain to €1.03, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Commercial Services industry in Italy. Total returns to shareholders of 180% over the past three years.
Board Change • May 04Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Chiara Paolino was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Price Target Changed • Apr 27Price target increased to €1.35Up from €0.90, the current price target is provided by 1 analyst. New target price is 58% above last closing price of €0.86. Stock is up 9.2% over the past year. The company is forecast to post earnings per share of €0.09 for next year compared to €0.064 last year.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Gabriella Chiellino was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 17Full year 2021 earnings: Revenues miss analyst expectationsFull year 2021 results: Revenue: €155.9m (up 83% from FY 2020). Net income: €9.65m (up 211% from FY 2020). Profit margin: 6.2% (up from 3.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 6.1%. Over the next year, revenue is forecast to grow 12%, compared to a 80% growth forecast for the industry in Italy.
Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improved over the past weekAfter last week's 20% share price gain to €1.10, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Commercial Services industry in Europe. Total returns to shareholders of 223% over the past three years.
分析記事 • Jan 23Upgrade: Analysts Just Made A Dazzling Increase To Their Ambienthesis S.p.A. (BIT:ATH) ForecastsAmbienthesis S.p.A. ( BIT:ATH ) shareholders will have a reason to smile today, with the covering analyst making...
Major Estimate Revision • Jan 22Consensus revenue estimates increase by 58%The consensus outlook for revenues in 2021 has improved. 2021 revenue forecast increased from €105.2m to €166.0m. EPS estimate increased from €0.04 to €0.09 per share. Net income forecast to grow 265% next year vs 27% growth forecast for Commercial Services industry in Italy. Consensus price target up from €0.90 to €1.35. Share price rose 5.5% to €1.16 over the past week.
分析記事 • Dec 09The Return Trends At Ambienthesis (BIT:ATH) Look PromisingThere are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improved over the past weekAfter last week's 25% share price gain to €1.15, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 16x in the Commercial Services industry in Europe. Total returns to shareholders of 255% over the past three years.
Reported Earnings • Aug 14First half 2021 earnings released: EPS €0.03 (vs €0.023 in 1H 2020)The company reported a solid first half result with improved earnings and revenues, although profit margins were flat. First half 2021 results: Revenue: €52.9m (up 36% from 1H 2020). Net income: €2.69m (up 35% from 1H 2020). Profit margin: 5.1% (in line with 1H 2020). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Jul 29Ambienthesis (BIT:ATH) Is Experiencing Growth In Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
分析記事 • Jun 10Calculating The Fair Value Of Ambienthesis S.p.A. (BIT:ATH)How far off is Ambienthesis S.p.A. ( BIT:ATH ) from its intrinsic value? Using the most recent financial data, we'll...
Major Estimate Revision • May 23Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from €0.054 to €0.034 per share. Revenue forecast steady at €98.5m. Net income forecast to shrink 0.06% next year vs 25% growth forecast for Commercial Services industry in Italy . Consensus price target of €0.90 unchanged from last update. Share price rose 2.6% to €0.80 over the past week.
Major Estimate Revision • May 21Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from €0.054 to €0.034 per share. Revenue forecast steady at €98.5m. Net income forecast to grow 61% next year vs 25% growth forecast for Commercial Services industry in Italy. Consensus price target of €0.90 unchanged from last update. Share price rose 2.6% to €0.80 over the past week.
Reported Earnings • Apr 16Full year 2020 earnings released: EPS €0.035 (vs €0.049 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €85.5m (down 1.1% from FY 2019). Net income: €3.10m (down 29% from FY 2019). Profit margin: 3.6% (down from 5.1% in FY 2019). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
分析記事 • Apr 16Ambienthesis (BIT:ATH) Takes On Some Risk With Its Use Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Mar 17Is There More Growth In Store For Ambienthesis' (BIT:ATH) Returns On Capital?To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
Is New 90 Day High Low • Feb 12New 90-day high: €0.84The company is up 41% from its price of €0.60 on 13 November 2020. The Italian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 18% over the same period.
分析記事 • Jan 24If You Had Bought Ambienthesis (BIT:ATH) Stock Three Years Ago, You Could Pocket A 76% Gain TodayBy buying an index fund, investors can approximate the average market return. But if you buy good businesses at...
Is New 90 Day High Low • Jan 07New 90-day high: €0.74The company is up 10.0% from its price of €0.68 on 09 October 2020. The Italian market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 15% over the same period.
分析記事 • Jan 03Should You Use Ambienthesis's (BIT:ATH) Statutory Earnings To Analyse It?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...
分析記事 • Dec 13Here’s What’s Happening With Returns At Ambienthesis (BIT:ATH)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Is New 90 Day High Low • Dec 03New 90-day high: €0.71The company is up 2.0% from its price of €0.70 on 04 September 2020. The Italian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 12% over the same period.
分析記事 • Nov 23Ambienthesis (BIT:ATH) Takes On Some Risk With Its Use Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
