View Past PerformanceAeffe バランスシートの健全性財務の健全性 基準チェック /16Aeffeの総株主資本は€71.7M 、総負債は€108.3Mで、負債比率は151.2%となります。総資産と総負債はそれぞれ€361.8Mと€290.1Mです。主要情報151.18%負債資本比率€108.34m負債インタレスト・カバレッジ・レシオn/a現金€12.60mエクイティ€71.67m負債合計€290.14m総資産€361.80m財務の健全性に関する最新情報分析記事 • Dec 02Does Aeffe (BIT:AEF) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Apr 03Is Aeffe (BIT:AEF) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Aug 06Is Aeffe (BIT:AEF) Using Debt In A Risky Way?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Dec 22Is Aeffe (BIT:AEF) Using Debt Sensibly?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...分析記事 • Mar 16Is Aeffe (BIT:AEF) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Sep 08Aeffe (BIT:AEF) 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...すべての更新を表示Recent updates分析記事 • Apr 15What Does Aeffe S.p.A.'s (BIT:AEF) Share Price Indicate?While Aeffe S.p.A. ( BIT:AEF ) might not have the largest market cap around , it saw a decent share price growth of 17...New Risk • Feb 17New 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings are forecast to decline by an average of 67% per year for the foreseeable future. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Large one-off items impacting financial results. Market cap is less than US$100m (€26.0m market cap, or US$30.8m).お知らせ • Feb 11+ 1 more updateAeffe S.p.A. to Report Fiscal Year 2025 Results on Mar 12, 2026Aeffe S.p.A. announced that they will report fiscal year 2025 results on Mar 12, 2026分析記事 • Dec 31There's Reason For Concern Over Aeffe S.p.A.'s (BIT:AEF) Massive 35% Price JumpAeffe S.p.A. ( BIT:AEF ) shareholders are no doubt pleased to see that the share price has bounced 35% in the last...分析記事 • Dec 02Does Aeffe (BIT:AEF) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Oct 04Risks Still Elevated At These Prices As Aeffe S.p.A. (BIT:AEF) Shares Dive 48%The Aeffe S.p.A. ( BIT:AEF ) share price has fared very poorly over the last month, falling by a substantial 48%. For...New Risk • Oct 03New 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 13% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings are forecast to decline by an average of 67% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (€24.9m market cap, or US$29.2m).分析記事 • Sep 29This Analyst Just Downgraded Their Aeffe S.p.A. (BIT:AEF) EPS ForecastsMarket forces rained on the parade of Aeffe S.p.A. ( BIT:AEF ) shareholders today, when the covering analyst downgraded...Major Estimate Revision • Sep 29Consensus revenue estimates fall by 19%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €251.0m to €202.6m. Forecast losses increased from -€0.17 to -€0.44 per share. Luxury industry in Italy expected to see average net income growth of 13% next year. Consensus price target down from €0.67 to €0.51. Share price rose 2.7% to €0.46 over the past week.New Risk • Aug 27New 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 5.2% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings are forecast to decline by an average of 39% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€46.3m market cap, or US$53.6m).分析記事 • Aug 09We Think Aeffe's (BIT:AEF) Solid Earnings Are UnderstatedAeffe S.p.A.'s ( BIT:AEF ) robust recent earnings didn't do much to move the stock. We think this is due to investors...New Risk • Aug 04New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. 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 (currently running at an operating cash loss). Earnings are forecast to decline by an average of 39% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (€45.9m market cap, or US$53.0m).Reported Earnings • Aug 03Second quarter 2025 earnings releasedSecond quarter 2025 results: Net income: €10.1m (up €24.8m from 2Q 2024). Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Luxury industry in Italy. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings.分析記事 • Aug 02Unpleasant Surprises Could Be In Store For Aeffe S.p.A.'s (BIT:AEF) SharesThere wouldn't be many who think Aeffe S.p.A.'s ( BIT:AEF ) price-to-sales (or "P/S") ratio of 0.2x is worth a mention...Reported Earnings • May 12First quarter 2025 earnings released: €0.10 loss per share (vs €0.057 loss in 1Q 2024)First quarter 2025 results: €0.10 loss per share (further deteriorated from €0.057 loss in 1Q 2024). Revenue: €63.1m (down 23% from 1Q 2024). Net loss: €10.1m (loss widened 81% from 1Q 2024). Revenue is forecast to grow 6.4% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Luxury industry in Italy. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings.New Risk • Apr 04New 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 6.2% 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 Earnings are forecast to decline by an average of 77% per year for the foreseeable future. Minor Risks High level of debt (69% net debt to equity). Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€62.0m market cap, or US$67.9m).分析記事 • Apr 03Is Aeffe (BIT:AEF) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...New Risk • Apr 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 182% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 77% per year for the foreseeable future. Minor Risks High level of debt (69% net debt to equity). Large one-off items impacting financial results. Market cap is less than US$100m (€69.5m market cap, or US$75.0m).Reported Earnings • Apr 02Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: €0.20 (up from €0.33 loss in FY 2023). Revenue: €272.0m (down 17% from FY 2023). Net income: €19.3m (up €51.5m from FY 2023). Profit margin: 7.1% (up from net loss in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 30%. Revenue is forecast to grow 1.7% p.a. on average during the next 2 years, compared to a 8.1% growth forecast for the Luxury industry in Italy. Over the last 3 years on average, earnings per share has fallen by 26% per year whereas the company’s share price has fallen by 28% per year.Price Target Changed • Feb 09Price target increased by 13% to €0.85Up from €0.75, the current price target is provided by 1 analyst. New target price is 9.8% above last closing price of €0.77. Stock is down 14% over the past year. The company is forecast to post earnings per share of €0.28 next year compared to a net loss per share of €0.33 last year.Major Estimate Revision • Feb 09Consensus EPS estimates increase from loss to €0.28 profit, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €270.5m to €250.8m. EPS estimate of -€0.23 up from expected loss of €0.28 per share previously. Luxury industry in Italy expected to see average net income growth of 18% next year. Consensus price target up from €0.75 to €0.85. Share price fell 3.0% to €0.77 over the past week.分析記事 • Jan 25Aeffe (BIT:AEF) Is Very Good At Capital AllocationFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: €0.56 (vs €0.064 loss in 3Q 2023)Third quarter 2024 results: EPS: €0.56 (up from €0.064 loss in 3Q 2023). Revenue: €157.4m (up 72% from 3Q 2023). Net income: €55.3m (up €61.6m from 3Q 2023). Profit margin: 35% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is expected to decline by 4.3% p.a. on average during the next 3 years, while revenues in the Luxury industry in Italy are expected to grow by 7.4%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 30 percentage points per year, which is a significant difference in performance.New Risk • Sep 27New 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 5.9% 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: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€17m net loss in 2 years). Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (€77.0m market cap, or US$85.9m).分析記事 • Aug 06Is Aeffe (BIT:AEF) Using Debt In A Risky Way?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...New Risk • Aug 04New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: €41m Forecast net loss in 2 years: €15m 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: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€15m net loss in 2 years). Market cap is less than US$100m (€65.6m market cap, or US$71.5m).分析記事 • May 23One Aeffe S.p.A. (BIT:AEF) Analyst Just Cut Their EPS ForecastsThe latest analyst coverage could presage a bad day for Aeffe S.p.A. ( BIT:AEF ), with the covering analyst making...Major Estimate Revision • May 22Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €320.4m to €282.0m. Forecast losses increased from -€0.16 to -€0.23 per share. Luxury industry in Italy expected to see average net income growth of 11% next year. Consensus price target of €0.90 unchanged from last update. Share price was steady at €0.82 over the past week.Reported Earnings • May 13First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: €81.9m (down 16% from 1Q 2023). Net loss: €5.61m (loss widened €5.29m from 1Q 2023). Revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the Luxury industry in Italy.分析記事 • Apr 17We Discuss Why Aeffe S.p.A.'s (BIT:AEF) CEO Compensation May Be Closely ReviewedKey Insights Aeffe's Annual General Meeting to take place on 23rd of April Total pay for CEO Simone Badioli includes...Reported Earnings • Mar 15Full year 2023 earnings releasedFull year 2023 results: Revenue: €329.4m (down 9.4% from FY 2022). Net loss: €32.1m (loss widened 255% from FY 2022). Revenue is forecast to grow 1.5% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the Luxury industry in Italy.お知らせ • Mar 15Aeffe S.p.A., Annual General Meeting, Apr 23, 2024Aeffe S.p.A., Annual General Meeting, Apr 23, 2024. Agenda: To consider approval of the financial statements of Aeffe S.p.A. closed on December 31, 2023 and related and consequent resolutions; to consider on the company's remuneration policy. The documentation relating to the items on the agenda will be made available to the public in the terms and in the manner established by current legislation.分析記事 • Jan 03Aeffe S.p.A. (BIT:AEF) Stock Rockets 26% As Investors Are Less Pessimistic Than ExpectedAeffe S.p.A. ( BIT:AEF ) shareholders would be excited to see that the share price has had a great month, posting a 26...分析記事 • Dec 22Is Aeffe (BIT:AEF) Using Debt Sensibly?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...分析記事 • Nov 17Aeffe S.p.A.'s (BIT:AEF) Analyst Just Slashed Next Year's EstimatesThe latest analyst coverage could presage a bad day for Aeffe S.p.A. ( BIT:AEF ), with the covering analyst making...Reported Earnings • Nov 15Third quarter 2023 earnings released: €0.063 loss per share (vs €0.018 profit in 3Q 2022)Third quarter 2023 results: €0.063 loss per share (down from €0.018 profit in 3Q 2022). Revenue: €91.6m (down 12% from 3Q 2022). Net loss: €6.28m (down 447% from profit in 3Q 2022). Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Luxury industry in Italy. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.New Risk • Nov 14New major risk - Revenue and earnings growthEarnings have declined by 43% 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 Debt is not well covered by operating cash flow (0.6% operating cash flow to total debt). Earnings have declined by 43% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Market cap is less than US$100m (€80.6m market cap, or US$87.6m).New Risk • Nov 10New 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 5.2% 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 Debt is not well covered by operating cash flow (0.6% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Market cap is less than US$100m (€80.1m market cap, or US$85.5m).分析記事 • Sep 27At €0.93, Is Aeffe S.p.A. (BIT:AEF) Worth Looking At Closely?Aeffe S.p.A. ( BIT:AEF ), is not the largest company out there, but it received a lot of attention from a substantial...Buying Opportunity • Aug 30Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be €1.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has declined by 13%. Revenue is forecast to grow by 8.9% in 2 years. Earnings is forecast to grow by 93% in the next 2 years.Major Estimate Revision • Aug 09Consensus EPS estimates fall by 800%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €361.0m to €327.0m. Losses expected to increase from €0.02 per share to €0.18. Luxury industry in Italy expected to see average net income growth of 40% next year. Consensus price target down from €1.30 to €1.15. Share price fell 4.3% to €1.06 over the past week.Reported Earnings • Jul 31Second quarter 2023 earnings released: €0.11 loss per share (vs €0.062 loss in 2Q 2022)Second quarter 2023 results: €0.11 loss per share (further deteriorated from €0.062 loss in 2Q 2022). Revenue: €71.7m (down 7.2% from 2Q 2022). Net loss: €11.3m (loss widened 87% from 2Q 2022). Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Luxury industry in Italy. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Price Target Changed • May 23Price target decreased by 10% to €1.30Down from €1.45, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of €1.24. Stock is down 22% over the past year. The company is forecast to post earnings per share of €0 next year compared to a net loss per share of €0.092 last year.分析記事 • Apr 21It May Be Possible That Aeffe S.p.A.'s (BIT:AEF) CEO Compensation Could Get Bumped UpKey Insights Aeffe will host its Annual General Meeting on 27th of April Salary of €250.0k is part of CEO Simone...Price Target Changed • Mar 23Price target decreased by 16% to €1.30Down from €1.55, the current price target is provided by 1 analyst. New target price is 6.6% above last closing price of €1.22. Stock is down 36% over the past year.Reported Earnings • Mar 17Full year 2022 earnings releasedFull year 2022 results: Revenue: €363.6m (up 9.1% from FY 2021). Net loss: €9.04m (down 175% from profit in FY 2021). Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 9.2% growth forecast for the Luxury industry in Italy. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 16Is Aeffe (BIT:AEF) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Major Estimate Revision • Feb 03Consensus EPS estimates fall by 33%The consensus outlook for fiscal year 2022 has been updated. 2022 expected loss increased from -€0.03 to -€0.04 per share. Revenue forecast unchanged at €352.0m. Luxury industry in Italy expected to see average net income growth of 10% next year. Consensus price target down from €1.55 to €1.45. Share price fell 4.8% to €1.35 over the past week.Price Target Changed • Feb 02Price target decreased by 9.4% to €1.45Down from €1.60, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of €1.39. Stock is down 46% over the past year. The company is forecast to post a net loss per share of €0.03 compared to earnings per share of €0.12 last year.お知らせ • Nov 20+ 4 more updatesAeffe S.p.A. to Report First Half, 2023 Results on Jul 28, 2023Aeffe S.p.A. announced that they will report first half, 2023 results on Jul 28, 2023Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: €0.018 (vs €0.057 in 3Q 2021)Third quarter 2022 results: EPS: €0.018 (down from €0.057 in 3Q 2021). Revenue: €103.7m (up 7.8% from 3Q 2021). Net income: €1.81m (down 68% from 3Q 2021). Profit margin: 1.7% (down from 6.0% in 3Q 2021). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Luxury industry in Italy. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Francesca Pace was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: €0.018 (vs €0.099 in 3Q 2021)Third quarter 2022 results: EPS: €0.018 (down from €0.099 in 3Q 2021). Revenue: €103.7m (up 7.8% from 3Q 2021). Net income: €1.81m (down 82% from 3Q 2021). Profit margin: 1.7% (down from 10% in 3Q 2021). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Luxury industry in Italy. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.分析記事 • Oct 27Aeffe (BIT:AEF) Will Be Hoping To Turn Its Returns On Capital AroundWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to €1.09, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Luxury industry in Italy. Total loss to shareholders of 24% over the past three years.分析記事 • Sep 08Aeffe (BIT:AEF) 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...Reported Earnings • Aug 02Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: €77.2m (flat on 2Q 2021). Net loss: €6.08m (down 164% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 5.5%, compared to a 13% growth forecast for the industry in Italy. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Reported Earnings • May 15First quarter 2022 earnings: Revenues exceed analyst expectationsFirst quarter 2022 results: Revenue: €103.5m (up 27% from 1Q 2021). Net income: €8.94m (up 138% from 1Q 2021). Profit margin: 8.6% (up from 4.6% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.7%. Over the next year, revenue is forecast to grow 3.6%, compared to a 16% growth forecast for the industry in Italy.分析記事 • May 08Does Aeffe (BIT:AEF) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Price Target Changed • Apr 27Price target decreased to €2.70Down from €3.20, the current price target is provided by 1 analyst. New target price is 57% above last closing price of €1.72. Stock is up 44% over the past year. The company is forecast to post earnings per share of €0.09 for next year compared to €0.12 last year.Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Francesca Pace was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.分析記事 • Mar 06Here's What's Concerning About Aeffe's (BIT:AEF) Returns On CapitalIgnoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €1.90, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 20x in the Luxury industry in Italy. Total loss to shareholders of 33% over the past three years.分析記事 • Nov 18The Strong Earnings Posted By Aeffe (BIT:AEF) Are A Good Indication Of The Strength Of The BusinessInvestors were underwhelmed by the solid earnings posted by Aeffe S.p.A. ( BIT:AEF ) recently. We have done some...Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS €0.099 (vs €0.016 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €96.2m (up 7.1% from 3Q 2020). Net income: €9.87m (up €11.5m from 3Q 2020). Profit margin: 10% (up from net loss in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.分析記事 • Oct 28Aeffe (BIT:AEF) Is Making Moderate Use Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Valuation Update With 7 Day Price Move • Aug 09Investor sentiment improved over the past weekAfter last week's 15% share price gain to €1.92, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 30x in the Luxury industry in Italy. Total loss to shareholders of 31% over the past three years.Major Estimate Revision • Aug 06Consensus EPS estimates increase to €0.09The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from €298.0m to €305.0m. Forecast to become profitable, with EPS estimate increasing from -€0.01 to €0.09. Luxury industry in Italy expected to see average net income growth of 36% next year. Consensus price target up from €1.65 to €1.90. Share price rose 13% to €1.93 over the past week.Reported Earnings • Aug 03Second quarter 2021 earnings released: EPS €0.096 (vs €0.11 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €76.7m (up 72% from 2Q 2020). Net income: €9.53m (up €20.4m from 2Q 2020). Profit margin: 12% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.分析記事 • Jul 26Is Aeffe (BIT:AEF) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Major Estimate Revision • May 21Consensus EPS estimates increase to -€0.01The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from €290.6m to €298.0m. EPS estimate increased from -€0.02 to -€0.01. Luxury industry in Italy expected to see average net income growth of 21% next year. Consensus price target up from €1.23 to €1.65. Share price rose 21% to €1.60 over the past week.Price Target Changed • May 20Price target increased to €1.65Up from €1.26, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of €1.59. Stock is up 76% over the past year.分析記事 • May 08Calculating The Fair Value Of Aeffe S.p.A. (BIT:AEF)How far off is Aeffe S.p.A. ( BIT:AEF ) from its intrinsic value? Using the most recent financial data, we'll take a...Reported Earnings • Apr 04Full year 2020 earnings released: €0.21 loss per share (vs €0.12 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €279.6m (down 23% from FY 2019). Net loss: €21.4m (down 283% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 20Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €279.6m (down 23% from FY 2019). Net loss: €21.4m (down 283% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 67% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.分析記事 • Feb 17Is Aeffe (BIT:AEF) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Is New 90 Day High Low • Feb 11New 90-day high: €1.23The company is up 48% from its price of €0.83 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 Luxury industry, which is up 26% over the same period.分析記事 • Dec 27Aeffe's(BIT:AEF) Share Price Is Down 51% Over The Past Three Years.Aeffe S.p.A. ( BIT:AEF ) shareholders will doubtless be very grateful to see the share price up 33% in the last...Major Estimate Revision • Nov 19Analysts update estimatesThe company's losses in 2020 are expected to worsen with analysts lowering their consensus EPS forecasts from -€0.14 to -€0.19. No change was made to the revenue estimate which at the last update was €267.1m. The Luxury industry in Italy is expected to see an average net income growth of 18% next year. The consensus price target increased from €1.15 to €1.39. Share price is up 17% to €0.95 over the past week.Is New 90 Day High Low • Nov 17New 90-day high: €0.95The company is up 3.0% from its price of €0.92 on 19 August 2020. The Italian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 19% over the same period.Analyst Estimate Surprise Post Earnings • Nov 12Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 0.3%. Earnings per share (EPS) also surpassed analyst estimates by 5.5%. Over the next year, revenue is forecast to grow 1.5%, compared to a 3.6% growth forecast for the Luxury industry in Italy.Reported Earnings • Nov 12Third quarter 2020 earnings released: €0.016 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: €89.8m (down 8.3% from 3Q 2019). Net loss: €1.63m (down 120% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Oct 15New 90-day low: €0.82The company is down 15% from its price of €0.96 on 17 July 2020. The Italian market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 7.0% over the same period.Is New 90 Day High Low • Sep 23New 90-day low: €0.87The company is down 11% from its price of €0.98 on 25 June 2020. The Italian market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is down 2.0% over the same period.財務状況分析短期負債: AEFの 短期資産 ( €172.4M ) は 短期負債 ( €201.2M ) をカバーしていません。長期負債: AEFの短期資産 ( €172.4M ) が 長期負債 ( €88.9M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: AEFの 純負債対資本比率 ( 133.6% ) は 高い と見なされます。負債の削減: AEFの負債対資本比率は、過去 5 年間で48.9%から151.2%に増加しました。債務返済能力: AEFの 営業キャッシュフロー はマイナスであるため、負債は十分にカバーされていません。インタレストカバレッジ: AEFの負債に対する 利息支払い が EBIT によって 十分にカバーされている かどうかを判断するにはデータが不十分です。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YConsumer-durables 業界の健全な企業。View Dividend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2026/05/25 10:36終値2026/05/25 00:00収益2025/06/30年間収益2024/12/31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Aeffe 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Unai FrancoBofA Global Research
分析記事 • Dec 02Does Aeffe (BIT:AEF) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Apr 03Is Aeffe (BIT:AEF) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Aug 06Is Aeffe (BIT:AEF) Using Debt In A Risky Way?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Dec 22Is Aeffe (BIT:AEF) Using Debt Sensibly?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
分析記事 • Mar 16Is Aeffe (BIT:AEF) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Sep 08Aeffe (BIT:AEF) 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...
分析記事 • Apr 15What Does Aeffe S.p.A.'s (BIT:AEF) Share Price Indicate?While Aeffe S.p.A. ( BIT:AEF ) might not have the largest market cap around , it saw a decent share price growth of 17...
New Risk • Feb 17New 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings are forecast to decline by an average of 67% per year for the foreseeable future. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Large one-off items impacting financial results. Market cap is less than US$100m (€26.0m market cap, or US$30.8m).
お知らせ • Feb 11+ 1 more updateAeffe S.p.A. to Report Fiscal Year 2025 Results on Mar 12, 2026Aeffe S.p.A. announced that they will report fiscal year 2025 results on Mar 12, 2026
分析記事 • Dec 31There's Reason For Concern Over Aeffe S.p.A.'s (BIT:AEF) Massive 35% Price JumpAeffe S.p.A. ( BIT:AEF ) shareholders are no doubt pleased to see that the share price has bounced 35% in the last...
分析記事 • Dec 02Does Aeffe (BIT:AEF) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Oct 04Risks Still Elevated At These Prices As Aeffe S.p.A. (BIT:AEF) Shares Dive 48%The Aeffe S.p.A. ( BIT:AEF ) share price has fared very poorly over the last month, falling by a substantial 48%. For...
New Risk • Oct 03New 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 13% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings are forecast to decline by an average of 67% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (€24.9m market cap, or US$29.2m).
分析記事 • Sep 29This Analyst Just Downgraded Their Aeffe S.p.A. (BIT:AEF) EPS ForecastsMarket forces rained on the parade of Aeffe S.p.A. ( BIT:AEF ) shareholders today, when the covering analyst downgraded...
Major Estimate Revision • Sep 29Consensus revenue estimates fall by 19%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €251.0m to €202.6m. Forecast losses increased from -€0.17 to -€0.44 per share. Luxury industry in Italy expected to see average net income growth of 13% next year. Consensus price target down from €0.67 to €0.51. Share price rose 2.7% to €0.46 over the past week.
New Risk • Aug 27New 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 5.2% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings are forecast to decline by an average of 39% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€46.3m market cap, or US$53.6m).
分析記事 • Aug 09We Think Aeffe's (BIT:AEF) Solid Earnings Are UnderstatedAeffe S.p.A.'s ( BIT:AEF ) robust recent earnings didn't do much to move the stock. We think this is due to investors...
New Risk • Aug 04New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. 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 (currently running at an operating cash loss). Earnings are forecast to decline by an average of 39% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (€45.9m market cap, or US$53.0m).
Reported Earnings • Aug 03Second quarter 2025 earnings releasedSecond quarter 2025 results: Net income: €10.1m (up €24.8m from 2Q 2024). Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Luxury industry in Italy. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings.
分析記事 • Aug 02Unpleasant Surprises Could Be In Store For Aeffe S.p.A.'s (BIT:AEF) SharesThere wouldn't be many who think Aeffe S.p.A.'s ( BIT:AEF ) price-to-sales (or "P/S") ratio of 0.2x is worth a mention...
Reported Earnings • May 12First quarter 2025 earnings released: €0.10 loss per share (vs €0.057 loss in 1Q 2024)First quarter 2025 results: €0.10 loss per share (further deteriorated from €0.057 loss in 1Q 2024). Revenue: €63.1m (down 23% from 1Q 2024). Net loss: €10.1m (loss widened 81% from 1Q 2024). Revenue is forecast to grow 6.4% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Luxury industry in Italy. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings.
New Risk • Apr 04New 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 6.2% 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 Earnings are forecast to decline by an average of 77% per year for the foreseeable future. Minor Risks High level of debt (69% net debt to equity). Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€62.0m market cap, or US$67.9m).
分析記事 • Apr 03Is Aeffe (BIT:AEF) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
New Risk • Apr 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 182% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 77% per year for the foreseeable future. Minor Risks High level of debt (69% net debt to equity). Large one-off items impacting financial results. Market cap is less than US$100m (€69.5m market cap, or US$75.0m).
Reported Earnings • Apr 02Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: €0.20 (up from €0.33 loss in FY 2023). Revenue: €272.0m (down 17% from FY 2023). Net income: €19.3m (up €51.5m from FY 2023). Profit margin: 7.1% (up from net loss in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 30%. Revenue is forecast to grow 1.7% p.a. on average during the next 2 years, compared to a 8.1% growth forecast for the Luxury industry in Italy. Over the last 3 years on average, earnings per share has fallen by 26% per year whereas the company’s share price has fallen by 28% per year.
Price Target Changed • Feb 09Price target increased by 13% to €0.85Up from €0.75, the current price target is provided by 1 analyst. New target price is 9.8% above last closing price of €0.77. Stock is down 14% over the past year. The company is forecast to post earnings per share of €0.28 next year compared to a net loss per share of €0.33 last year.
Major Estimate Revision • Feb 09Consensus EPS estimates increase from loss to €0.28 profit, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €270.5m to €250.8m. EPS estimate of -€0.23 up from expected loss of €0.28 per share previously. Luxury industry in Italy expected to see average net income growth of 18% next year. Consensus price target up from €0.75 to €0.85. Share price fell 3.0% to €0.77 over the past week.
分析記事 • Jan 25Aeffe (BIT:AEF) Is Very Good At Capital AllocationFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: €0.56 (vs €0.064 loss in 3Q 2023)Third quarter 2024 results: EPS: €0.56 (up from €0.064 loss in 3Q 2023). Revenue: €157.4m (up 72% from 3Q 2023). Net income: €55.3m (up €61.6m from 3Q 2023). Profit margin: 35% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is expected to decline by 4.3% p.a. on average during the next 3 years, while revenues in the Luxury industry in Italy are expected to grow by 7.4%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 30 percentage points per year, which is a significant difference in performance.
New Risk • Sep 27New 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 5.9% 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: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€17m net loss in 2 years). Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (€77.0m market cap, or US$85.9m).
分析記事 • Aug 06Is Aeffe (BIT:AEF) Using Debt In A Risky Way?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
New Risk • Aug 04New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: €41m Forecast net loss in 2 years: €15m 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: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€15m net loss in 2 years). Market cap is less than US$100m (€65.6m market cap, or US$71.5m).
分析記事 • May 23One Aeffe S.p.A. (BIT:AEF) Analyst Just Cut Their EPS ForecastsThe latest analyst coverage could presage a bad day for Aeffe S.p.A. ( BIT:AEF ), with the covering analyst making...
Major Estimate Revision • May 22Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €320.4m to €282.0m. Forecast losses increased from -€0.16 to -€0.23 per share. Luxury industry in Italy expected to see average net income growth of 11% next year. Consensus price target of €0.90 unchanged from last update. Share price was steady at €0.82 over the past week.
Reported Earnings • May 13First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: €81.9m (down 16% from 1Q 2023). Net loss: €5.61m (loss widened €5.29m from 1Q 2023). Revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the Luxury industry in Italy.
分析記事 • Apr 17We Discuss Why Aeffe S.p.A.'s (BIT:AEF) CEO Compensation May Be Closely ReviewedKey Insights Aeffe's Annual General Meeting to take place on 23rd of April Total pay for CEO Simone Badioli includes...
Reported Earnings • Mar 15Full year 2023 earnings releasedFull year 2023 results: Revenue: €329.4m (down 9.4% from FY 2022). Net loss: €32.1m (loss widened 255% from FY 2022). Revenue is forecast to grow 1.5% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the Luxury industry in Italy.
お知らせ • Mar 15Aeffe S.p.A., Annual General Meeting, Apr 23, 2024Aeffe S.p.A., Annual General Meeting, Apr 23, 2024. Agenda: To consider approval of the financial statements of Aeffe S.p.A. closed on December 31, 2023 and related and consequent resolutions; to consider on the company's remuneration policy. The documentation relating to the items on the agenda will be made available to the public in the terms and in the manner established by current legislation.
分析記事 • Jan 03Aeffe S.p.A. (BIT:AEF) Stock Rockets 26% As Investors Are Less Pessimistic Than ExpectedAeffe S.p.A. ( BIT:AEF ) shareholders would be excited to see that the share price has had a great month, posting a 26...
分析記事 • Dec 22Is Aeffe (BIT:AEF) Using Debt Sensibly?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
分析記事 • Nov 17Aeffe S.p.A.'s (BIT:AEF) Analyst Just Slashed Next Year's EstimatesThe latest analyst coverage could presage a bad day for Aeffe S.p.A. ( BIT:AEF ), with the covering analyst making...
Reported Earnings • Nov 15Third quarter 2023 earnings released: €0.063 loss per share (vs €0.018 profit in 3Q 2022)Third quarter 2023 results: €0.063 loss per share (down from €0.018 profit in 3Q 2022). Revenue: €91.6m (down 12% from 3Q 2022). Net loss: €6.28m (down 447% from profit in 3Q 2022). Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Luxury industry in Italy. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
New Risk • Nov 14New major risk - Revenue and earnings growthEarnings have declined by 43% 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 Debt is not well covered by operating cash flow (0.6% operating cash flow to total debt). Earnings have declined by 43% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Market cap is less than US$100m (€80.6m market cap, or US$87.6m).
New Risk • Nov 10New 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 5.2% 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 Debt is not well covered by operating cash flow (0.6% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Market cap is less than US$100m (€80.1m market cap, or US$85.5m).
分析記事 • Sep 27At €0.93, Is Aeffe S.p.A. (BIT:AEF) Worth Looking At Closely?Aeffe S.p.A. ( BIT:AEF ), is not the largest company out there, but it received a lot of attention from a substantial...
Buying Opportunity • Aug 30Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be €1.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has declined by 13%. Revenue is forecast to grow by 8.9% in 2 years. Earnings is forecast to grow by 93% in the next 2 years.
Major Estimate Revision • Aug 09Consensus EPS estimates fall by 800%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €361.0m to €327.0m. Losses expected to increase from €0.02 per share to €0.18. Luxury industry in Italy expected to see average net income growth of 40% next year. Consensus price target down from €1.30 to €1.15. Share price fell 4.3% to €1.06 over the past week.
Reported Earnings • Jul 31Second quarter 2023 earnings released: €0.11 loss per share (vs €0.062 loss in 2Q 2022)Second quarter 2023 results: €0.11 loss per share (further deteriorated from €0.062 loss in 2Q 2022). Revenue: €71.7m (down 7.2% from 2Q 2022). Net loss: €11.3m (loss widened 87% from 2Q 2022). Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Luxury industry in Italy. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Price Target Changed • May 23Price target decreased by 10% to €1.30Down from €1.45, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of €1.24. Stock is down 22% over the past year. The company is forecast to post earnings per share of €0 next year compared to a net loss per share of €0.092 last year.
分析記事 • Apr 21It May Be Possible That Aeffe S.p.A.'s (BIT:AEF) CEO Compensation Could Get Bumped UpKey Insights Aeffe will host its Annual General Meeting on 27th of April Salary of €250.0k is part of CEO Simone...
Price Target Changed • Mar 23Price target decreased by 16% to €1.30Down from €1.55, the current price target is provided by 1 analyst. New target price is 6.6% above last closing price of €1.22. Stock is down 36% over the past year.
Reported Earnings • Mar 17Full year 2022 earnings releasedFull year 2022 results: Revenue: €363.6m (up 9.1% from FY 2021). Net loss: €9.04m (down 175% from profit in FY 2021). Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 9.2% growth forecast for the Luxury industry in Italy. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 16Is Aeffe (BIT:AEF) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Major Estimate Revision • Feb 03Consensus EPS estimates fall by 33%The consensus outlook for fiscal year 2022 has been updated. 2022 expected loss increased from -€0.03 to -€0.04 per share. Revenue forecast unchanged at €352.0m. Luxury industry in Italy expected to see average net income growth of 10% next year. Consensus price target down from €1.55 to €1.45. Share price fell 4.8% to €1.35 over the past week.
Price Target Changed • Feb 02Price target decreased by 9.4% to €1.45Down from €1.60, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of €1.39. Stock is down 46% over the past year. The company is forecast to post a net loss per share of €0.03 compared to earnings per share of €0.12 last year.
お知らせ • Nov 20+ 4 more updatesAeffe S.p.A. to Report First Half, 2023 Results on Jul 28, 2023Aeffe S.p.A. announced that they will report first half, 2023 results on Jul 28, 2023
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: €0.018 (vs €0.057 in 3Q 2021)Third quarter 2022 results: EPS: €0.018 (down from €0.057 in 3Q 2021). Revenue: €103.7m (up 7.8% from 3Q 2021). Net income: €1.81m (down 68% from 3Q 2021). Profit margin: 1.7% (down from 6.0% in 3Q 2021). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Luxury industry in Italy. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Francesca Pace was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: €0.018 (vs €0.099 in 3Q 2021)Third quarter 2022 results: EPS: €0.018 (down from €0.099 in 3Q 2021). Revenue: €103.7m (up 7.8% from 3Q 2021). Net income: €1.81m (down 82% from 3Q 2021). Profit margin: 1.7% (down from 10% in 3Q 2021). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Luxury industry in Italy. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
分析記事 • Oct 27Aeffe (BIT:AEF) Will Be Hoping To Turn Its Returns On Capital AroundWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to €1.09, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Luxury industry in Italy. Total loss to shareholders of 24% over the past three years.
分析記事 • Sep 08Aeffe (BIT:AEF) 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...
Reported Earnings • Aug 02Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: €77.2m (flat on 2Q 2021). Net loss: €6.08m (down 164% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 5.5%, compared to a 13% growth forecast for the industry in Italy. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Reported Earnings • May 15First quarter 2022 earnings: Revenues exceed analyst expectationsFirst quarter 2022 results: Revenue: €103.5m (up 27% from 1Q 2021). Net income: €8.94m (up 138% from 1Q 2021). Profit margin: 8.6% (up from 4.6% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.7%. Over the next year, revenue is forecast to grow 3.6%, compared to a 16% growth forecast for the industry in Italy.
分析記事 • May 08Does Aeffe (BIT:AEF) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Price Target Changed • Apr 27Price target decreased to €2.70Down from €3.20, the current price target is provided by 1 analyst. New target price is 57% above last closing price of €1.72. Stock is up 44% over the past year. The company is forecast to post earnings per share of €0.09 for next year compared to €0.12 last year.
Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Francesca Pace was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
分析記事 • Mar 06Here's What's Concerning About Aeffe's (BIT:AEF) Returns On CapitalIgnoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €1.90, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 20x in the Luxury industry in Italy. Total loss to shareholders of 33% over the past three years.
分析記事 • Nov 18The Strong Earnings Posted By Aeffe (BIT:AEF) Are A Good Indication Of The Strength Of The BusinessInvestors were underwhelmed by the solid earnings posted by Aeffe S.p.A. ( BIT:AEF ) recently. We have done some...
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS €0.099 (vs €0.016 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €96.2m (up 7.1% from 3Q 2020). Net income: €9.87m (up €11.5m from 3Q 2020). Profit margin: 10% (up from net loss in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.
分析記事 • Oct 28Aeffe (BIT:AEF) Is Making Moderate Use Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Valuation Update With 7 Day Price Move • Aug 09Investor sentiment improved over the past weekAfter last week's 15% share price gain to €1.92, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 30x in the Luxury industry in Italy. Total loss to shareholders of 31% over the past three years.
Major Estimate Revision • Aug 06Consensus EPS estimates increase to €0.09The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from €298.0m to €305.0m. Forecast to become profitable, with EPS estimate increasing from -€0.01 to €0.09. Luxury industry in Italy expected to see average net income growth of 36% next year. Consensus price target up from €1.65 to €1.90. Share price rose 13% to €1.93 over the past week.
Reported Earnings • Aug 03Second quarter 2021 earnings released: EPS €0.096 (vs €0.11 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €76.7m (up 72% from 2Q 2020). Net income: €9.53m (up €20.4m from 2Q 2020). Profit margin: 12% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.
分析記事 • Jul 26Is Aeffe (BIT:AEF) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Major Estimate Revision • May 21Consensus EPS estimates increase to -€0.01The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from €290.6m to €298.0m. EPS estimate increased from -€0.02 to -€0.01. Luxury industry in Italy expected to see average net income growth of 21% next year. Consensus price target up from €1.23 to €1.65. Share price rose 21% to €1.60 over the past week.
Price Target Changed • May 20Price target increased to €1.65Up from €1.26, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of €1.59. Stock is up 76% over the past year.
分析記事 • May 08Calculating The Fair Value Of Aeffe S.p.A. (BIT:AEF)How far off is Aeffe S.p.A. ( BIT:AEF ) from its intrinsic value? Using the most recent financial data, we'll take a...
Reported Earnings • Apr 04Full year 2020 earnings released: €0.21 loss per share (vs €0.12 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €279.6m (down 23% from FY 2019). Net loss: €21.4m (down 283% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 20Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €279.6m (down 23% from FY 2019). Net loss: €21.4m (down 283% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 67% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.
分析記事 • Feb 17Is Aeffe (BIT:AEF) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Is New 90 Day High Low • Feb 11New 90-day high: €1.23The company is up 48% from its price of €0.83 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 Luxury industry, which is up 26% over the same period.
分析記事 • Dec 27Aeffe's(BIT:AEF) Share Price Is Down 51% Over The Past Three Years.Aeffe S.p.A. ( BIT:AEF ) shareholders will doubtless be very grateful to see the share price up 33% in the last...
Major Estimate Revision • Nov 19Analysts update estimatesThe company's losses in 2020 are expected to worsen with analysts lowering their consensus EPS forecasts from -€0.14 to -€0.19. No change was made to the revenue estimate which at the last update was €267.1m. The Luxury industry in Italy is expected to see an average net income growth of 18% next year. The consensus price target increased from €1.15 to €1.39. Share price is up 17% to €0.95 over the past week.
Is New 90 Day High Low • Nov 17New 90-day high: €0.95The company is up 3.0% from its price of €0.92 on 19 August 2020. The Italian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 19% over the same period.
Analyst Estimate Surprise Post Earnings • Nov 12Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 0.3%. Earnings per share (EPS) also surpassed analyst estimates by 5.5%. Over the next year, revenue is forecast to grow 1.5%, compared to a 3.6% growth forecast for the Luxury industry in Italy.
Reported Earnings • Nov 12Third quarter 2020 earnings released: €0.016 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: €89.8m (down 8.3% from 3Q 2019). Net loss: €1.63m (down 120% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Oct 15New 90-day low: €0.82The company is down 15% from its price of €0.96 on 17 July 2020. The Italian market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 7.0% over the same period.
Is New 90 Day High Low • Sep 23New 90-day low: €0.87The company is down 11% from its price of €0.98 on 25 June 2020. The Italian market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is down 2.0% over the same period.