View ValuationPiquadro 将来の成長Future 基準チェック /06 Piquadroは収益が増加すると予測されています。主要情報n/a収益成長率n/aEPS成長率Luxury 収益成長13.1%収益成長率4.8%将来の株主資本利益率17.15%アナリストカバレッジLow最終更新日02 Dec 2025今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesBuy Or Sell Opportunity • Mar 19Now 20% undervaluedOver the last 90 days, the stock has risen 2.9% to €2.52. The fair value is estimated to be €3.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.8% over the last 3 years. Earnings per share has grown by 22%.Buy Or Sell Opportunity • Mar 03Now 21% undervaluedOver the last 90 days, the stock has risen 7.8% to €2.48. The fair value is estimated to be €3.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.8% over the last 3 years. Earnings per share has grown by 22%.Valuation Update With 7 Day Price Move • Aug 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €2.29, the stock trades at a trailing P/E ratio of 9.5x. Average forward P/E is 11x in the Luxury industry in Italy. Total returns to shareholders of 37% over the past three years.分析記事 • Jul 31Piquadro (BIT:PQ) Is Paying Out A Dividend Of €0.1482Piquadro S.p.A. ( BIT:PQ ) has announced that it will pay a dividend of €0.1482 per share on the 6th of August. This...Declared Dividend • Jul 30Dividend of €0.15 announcedShareholders will receive a dividend of €0.15. Ex-date: 4th August 2025 Payment date: 6th August 2025 Dividend yield will be 5.4%, which is higher than the industry average of 1.8%. Sustainability & Growth The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 67% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Jul 29Piquadro S.p.A. announces Annual dividend, payable on August 06, 2025Piquadro S.p.A. announced Annual dividend of EUR 0.1482 per share payable on August 06, 2025, ex-date on August 04, 2025 and record date on August 05, 2025.Buy Or Sell Opportunity • Jul 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 32% to €2.62. The fair value is estimated to be €2.16, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company has become profitable.New Risk • Jun 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.New Risk • Dec 17New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €94.9m (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€94.9m market cap, or US$99.7m).Reported Earnings • Dec 05First half 2025 earnings released: EPS: €0.10 (vs €0.086 in 1H 2024)First half 2025 results: EPS: €0.10 (up from €0.086 in 1H 2024). Revenue: €89.1m (flat on 1H 2024). Net income: €4.95m (up 20% from 1H 2024). Profit margin: 5.6% (up from 4.7% in 1H 2024). 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 3% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 29Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 05 August 2024. Payment date: 07 August 2024. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 6.6%. Within top quartile of Italian dividend payers (5.3%). Higher than average of industry peers (1.9%).Board Change • Jul 29Less 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 Valentina Manfredi 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.分析記事 • Jul 27Piquadro's (BIT:PQ) Shareholders Will Receive A Bigger Dividend Than Last YearPiquadro S.p.A.'s ( BIT:PQ ) dividend will be increasing from last year's payment of the same period to €0.1483 on 7th...分析記事 • Jul 13Piquadro (BIT:PQ) Will Pay A Larger Dividend Than Last Year At €0.1483The board of Piquadro S.p.A. ( BIT:PQ ) has announced that it will be increasing its dividend by 42% on the 7th of...Declared Dividend • Jul 12Dividend increased to €0.15Dividend of €0.15 is 42% higher than last year. Ex-date: 5th August 2024 Payment date: 7th August 2024 Dividend yield will be 6.9%, which is higher than the industry average of 1.8%. Sustainability & Growth The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 48% to shift the payout ratio to a potentially unsustainable range, which is more than the 20% EPS decline seen over the last 5 years.分析記事 • Mar 27Investors Aren't Buying Piquadro S.p.A.'s (BIT:PQ) EarningsWhen close to half the companies in Italy have price-to-earnings ratios (or "P/E's") above 15x, you may consider...New Risk • Mar 25New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €88.8m (US$96.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 28% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€88.8m market cap, or US$96.2m).New Risk • Oct 12New 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 5.3% 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 have declined by 38% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.3% average weekly change).Upcoming Dividend • Jul 24Upcoming dividend of €0.10 per share at 4.2% yieldEligible shareholders must have bought the stock before 31 July 2023. Payment date: 02 August 2023. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Italian dividend payers (5.3%). Higher than average of industry peers (1.7%).Reported Earnings • Jun 14Full year 2023 earnings released: EPS: €0.13 (vs €0.092 in FY 2022)Full year 2023 results: EPS: €0.13 (up from €0.092 in FY 2022). Revenue: €177.6m (up 16% from FY 2022). Net income: €6.50m (up 46% from FY 2022). Profit margin: 3.7% (up from 2.9% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 30First half 2023 earnings released: €0.001 loss per share (vs €0.029 loss in 1H 2022)First half 2023 results: €0.001 loss per share (improved from €0.029 loss in 1H 2022). Revenue: €80.9m (up 26% from 1H 2022). Net loss: €70.0k (loss narrowed 95% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 6% 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 Non-Executive Director Valentina Manfredi 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.Upcoming Dividend • Jul 25Upcoming dividend of €0.083 per shareEligible shareholders must have bought the stock before 01 August 2022. Payment date: 03 August 2022. Trailing yield: 3.9%. Lower than top quartile of Italian dividend payers (5.4%). Higher than average of industry peers (1.5%).分析記事 • Jul 12Statutory Profit Doesn't Reflect How Good Piquadro's (BIT:PQ) Earnings ArePiquadro S.p.A. ( BIT:PQ ) just reported healthy earnings but the stock price didn't move much. Our analysis suggests...Reported Earnings • Jun 16Full year 2022 earnings released: EPS: €0.089 (vs €0.12 loss in FY 2021)Full year 2022 results: EPS: €0.089 (up from €0.12 loss in FY 2021). Revenue: €154.9m (up 34% from FY 2021). Net income: €4.44m (up €10.6m from FY 2021). Profit margin: 2.9% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.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 Catia Cesari was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Dec 08First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: €0.029 loss per share (up from €0.082 loss in 1H 2021). Revenue: €64.2m (up 32% from 1H 2021). Net loss: €1.47m (loss narrowed 64% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance.Reported Earnings • Jul 09Full year 2021 earnings released: €0.12 loss per share (vs €0.15 loss in FY 2020)The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2021 results: Revenue: €115.8m (down 25% from FY 2020). Net loss: €6.12m (loss narrowed 21% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.Reported Earnings • Jun 18Full year 2021 earnings released: €0.12 loss per share (vs €0.15 loss in FY 2020)The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2021 results: Revenue: €116.1m (down 25% from FY 2020). Net loss: €6.12m (loss narrowed 21% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.分析記事 • Mar 17Is Piquadro (BIT:PQ) 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...Is New 90 Day High Low • Mar 08New 90-day high: €1.60The company is up 3.0% from its price of €1.55 on 08 December 2020. The Italian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is flat over the same period.分析記事 • Feb 10A Look At Piquadro's (BIT:PQ) Share Price ReturnsThe simplest way to benefit from a rising market is to buy an index fund. Active investors aim to buy stocks that...分析記事 • Jan 04How Much is Piquadro's (BIT:PQ) CEO Getting Paid?Marco Palmieri is the CEO of Piquadro S.p.A. ( BIT:PQ ), and in this article, we analyze the executive's compensation...Is New 90 Day High Low • Dec 07New 90-day high: €1.54The company is up 12% from its price of €1.38 on 08 September 2020. The Italian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Luxury industry, which is up 26% over the same period.分析記事 • Nov 30Is Piquadro (BIT:PQ) Weighed On By Its Debt Load?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Nov 28First half 2021 earnings released: €0.083 loss per shareThe company reported a poor first half result with increased losses and weaker revenues and control over expenses. First half 2021 results: Revenue: €48.8m (down 38% from 1H 2020). Net loss: €4.10m (loss widened 38% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Nov 17New 90-day high: €1.48The company is up 6.0% from its price of €1.39 on 19 August 2020. The Italian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Luxury industry, which is up 19% over the same period.Is New 90 Day High Low • Oct 19New 90-day low: €1.27The company is down 18% from its price of €1.55 on 21 July 2020. The Italian market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 6.0% over the same period.Is New 90 Day High Low • Sep 30New 90-day low: €1.33The company is down 9.0% from its price of €1.47 on 02 July 2020. The Italian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 1.0% over the same period.業績と収益の成長予測BIT:PQ - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/2029220N/A153513/31/2028210N/A113313/31/2027199N/A92913/31/2026189N/A42519/30/2025188121520N/A6/30/2025187121520N/A3/31/2025187121520N/A12/31/2024186111520N/A9/30/2024186111519N/A6/30/2024186111417N/A3/31/2024185111216N/A12/31/2023185111720N/A9/30/2023185112124N/A6/30/202318192124N/A3/31/202317772124N/A12/31/202217361924N/A9/30/202217061724N/A6/30/202216151825N/A3/31/202215341926N/A12/31/202114201621N/A9/30/2021131-31317N/A6/30/2021124-51014N/A3/31/2021116-6811N/A12/31/2020121-7710N/A9/30/2020125-968N/A6/30/2020140-868N/A3/31/2020155-858N/A12/31/2019158-704N/A9/30/2019160-7-6-1N/A6/30/201915514N/A-3N/A3/31/201914935N/A-5N/A12/31/201813437N/A0N/A9/30/201811940N/A4N/A6/30/201810923N/A6N/A3/31/2018995N/A8N/A12/31/2017944N/A2N/A9/30/2017894N/A-4N/A6/30/2017834N/A-1N/A3/31/2017773N/A2N/A12/31/2016754N/A9N/A9/30/2016714N/A12N/A6/30/2016744N/A8N/A3/31/2016704N/A5N/A12/31/2015694N/A4N/A9/30/2015694N/A7N/A6/30/2015684N/A6N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: PQの予測収益成長が 貯蓄率 ( 3.3% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: PQの収益がItalian市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: PQの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: PQの収益 ( 4.8% ) Italian市場 ( 5.7% ) よりも低い成長が予測されています。高い収益成長: PQの収益 ( 4.8% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: PQの 自己資本利益率 は、3年後には低くなると予測されています ( 17.2 %)。成長企業の発掘7D1Y7D1Y7D1YConsumer-durables 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/20 02:45終値2026/05/20 00:00収益2025/09/30年間収益2025/03/31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Piquadro 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。2 アナリスト機関Dino CatenaEquita SIM S.p.A.Michele FilippigKT & Partners Srl
Buy Or Sell Opportunity • Mar 19Now 20% undervaluedOver the last 90 days, the stock has risen 2.9% to €2.52. The fair value is estimated to be €3.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.8% over the last 3 years. Earnings per share has grown by 22%.
Buy Or Sell Opportunity • Mar 03Now 21% undervaluedOver the last 90 days, the stock has risen 7.8% to €2.48. The fair value is estimated to be €3.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.8% over the last 3 years. Earnings per share has grown by 22%.
Valuation Update With 7 Day Price Move • Aug 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €2.29, the stock trades at a trailing P/E ratio of 9.5x. Average forward P/E is 11x in the Luxury industry in Italy. Total returns to shareholders of 37% over the past three years.
分析記事 • Jul 31Piquadro (BIT:PQ) Is Paying Out A Dividend Of €0.1482Piquadro S.p.A. ( BIT:PQ ) has announced that it will pay a dividend of €0.1482 per share on the 6th of August. This...
Declared Dividend • Jul 30Dividend of €0.15 announcedShareholders will receive a dividend of €0.15. Ex-date: 4th August 2025 Payment date: 6th August 2025 Dividend yield will be 5.4%, which is higher than the industry average of 1.8%. Sustainability & Growth The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 67% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Jul 29Piquadro S.p.A. announces Annual dividend, payable on August 06, 2025Piquadro S.p.A. announced Annual dividend of EUR 0.1482 per share payable on August 06, 2025, ex-date on August 04, 2025 and record date on August 05, 2025.
Buy Or Sell Opportunity • Jul 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 32% to €2.62. The fair value is estimated to be €2.16, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company has become profitable.
New Risk • Jun 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
New Risk • Dec 17New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €94.9m (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€94.9m market cap, or US$99.7m).
Reported Earnings • Dec 05First half 2025 earnings released: EPS: €0.10 (vs €0.086 in 1H 2024)First half 2025 results: EPS: €0.10 (up from €0.086 in 1H 2024). Revenue: €89.1m (flat on 1H 2024). Net income: €4.95m (up 20% from 1H 2024). Profit margin: 5.6% (up from 4.7% in 1H 2024). 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 3% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 29Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 05 August 2024. Payment date: 07 August 2024. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 6.6%. Within top quartile of Italian dividend payers (5.3%). Higher than average of industry peers (1.9%).
Board Change • Jul 29Less 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 Valentina Manfredi 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.
分析記事 • Jul 27Piquadro's (BIT:PQ) Shareholders Will Receive A Bigger Dividend Than Last YearPiquadro S.p.A.'s ( BIT:PQ ) dividend will be increasing from last year's payment of the same period to €0.1483 on 7th...
分析記事 • Jul 13Piquadro (BIT:PQ) Will Pay A Larger Dividend Than Last Year At €0.1483The board of Piquadro S.p.A. ( BIT:PQ ) has announced that it will be increasing its dividend by 42% on the 7th of...
Declared Dividend • Jul 12Dividend increased to €0.15Dividend of €0.15 is 42% higher than last year. Ex-date: 5th August 2024 Payment date: 7th August 2024 Dividend yield will be 6.9%, which is higher than the industry average of 1.8%. Sustainability & Growth The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 48% to shift the payout ratio to a potentially unsustainable range, which is more than the 20% EPS decline seen over the last 5 years.
分析記事 • Mar 27Investors Aren't Buying Piquadro S.p.A.'s (BIT:PQ) EarningsWhen close to half the companies in Italy have price-to-earnings ratios (or "P/E's") above 15x, you may consider...
New Risk • Mar 25New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €88.8m (US$96.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 28% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€88.8m market cap, or US$96.2m).
New Risk • Oct 12New 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 5.3% 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 have declined by 38% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.3% average weekly change).
Upcoming Dividend • Jul 24Upcoming dividend of €0.10 per share at 4.2% yieldEligible shareholders must have bought the stock before 31 July 2023. Payment date: 02 August 2023. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Italian dividend payers (5.3%). Higher than average of industry peers (1.7%).
Reported Earnings • Jun 14Full year 2023 earnings released: EPS: €0.13 (vs €0.092 in FY 2022)Full year 2023 results: EPS: €0.13 (up from €0.092 in FY 2022). Revenue: €177.6m (up 16% from FY 2022). Net income: €6.50m (up 46% from FY 2022). Profit margin: 3.7% (up from 2.9% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 30First half 2023 earnings released: €0.001 loss per share (vs €0.029 loss in 1H 2022)First half 2023 results: €0.001 loss per share (improved from €0.029 loss in 1H 2022). Revenue: €80.9m (up 26% from 1H 2022). Net loss: €70.0k (loss narrowed 95% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 6% 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 Non-Executive Director Valentina Manfredi 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.
Upcoming Dividend • Jul 25Upcoming dividend of €0.083 per shareEligible shareholders must have bought the stock before 01 August 2022. Payment date: 03 August 2022. Trailing yield: 3.9%. Lower than top quartile of Italian dividend payers (5.4%). Higher than average of industry peers (1.5%).
分析記事 • Jul 12Statutory Profit Doesn't Reflect How Good Piquadro's (BIT:PQ) Earnings ArePiquadro S.p.A. ( BIT:PQ ) just reported healthy earnings but the stock price didn't move much. Our analysis suggests...
Reported Earnings • Jun 16Full year 2022 earnings released: EPS: €0.089 (vs €0.12 loss in FY 2021)Full year 2022 results: EPS: €0.089 (up from €0.12 loss in FY 2021). Revenue: €154.9m (up 34% from FY 2021). Net income: €4.44m (up €10.6m from FY 2021). Profit margin: 2.9% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
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 Catia Cesari was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Dec 08First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: €0.029 loss per share (up from €0.082 loss in 1H 2021). Revenue: €64.2m (up 32% from 1H 2021). Net loss: €1.47m (loss narrowed 64% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jul 09Full year 2021 earnings released: €0.12 loss per share (vs €0.15 loss in FY 2020)The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2021 results: Revenue: €115.8m (down 25% from FY 2020). Net loss: €6.12m (loss narrowed 21% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jun 18Full year 2021 earnings released: €0.12 loss per share (vs €0.15 loss in FY 2020)The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2021 results: Revenue: €116.1m (down 25% from FY 2020). Net loss: €6.12m (loss narrowed 21% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.
分析記事 • Mar 17Is Piquadro (BIT:PQ) 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...
Is New 90 Day High Low • Mar 08New 90-day high: €1.60The company is up 3.0% from its price of €1.55 on 08 December 2020. The Italian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is flat over the same period.
分析記事 • Feb 10A Look At Piquadro's (BIT:PQ) Share Price ReturnsThe simplest way to benefit from a rising market is to buy an index fund. Active investors aim to buy stocks that...
分析記事 • Jan 04How Much is Piquadro's (BIT:PQ) CEO Getting Paid?Marco Palmieri is the CEO of Piquadro S.p.A. ( BIT:PQ ), and in this article, we analyze the executive's compensation...
Is New 90 Day High Low • Dec 07New 90-day high: €1.54The company is up 12% from its price of €1.38 on 08 September 2020. The Italian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Luxury industry, which is up 26% over the same period.
分析記事 • Nov 30Is Piquadro (BIT:PQ) Weighed On By Its Debt Load?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Nov 28First half 2021 earnings released: €0.083 loss per shareThe company reported a poor first half result with increased losses and weaker revenues and control over expenses. First half 2021 results: Revenue: €48.8m (down 38% from 1H 2020). Net loss: €4.10m (loss widened 38% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Nov 17New 90-day high: €1.48The company is up 6.0% from its price of €1.39 on 19 August 2020. The Italian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Luxury industry, which is up 19% over the same period.
Is New 90 Day High Low • Oct 19New 90-day low: €1.27The company is down 18% from its price of €1.55 on 21 July 2020. The Italian market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 6.0% over the same period.
Is New 90 Day High Low • Sep 30New 90-day low: €1.33The company is down 9.0% from its price of €1.47 on 02 July 2020. The Italian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 1.0% over the same period.