Neodecortech（NDT）株式概要Neodecortech S.p.A.は、イタリア、ヨーロッパ、アジア、中東、米国、アフリカにおいて、木材および家具付属品の産業部門向けの装飾紙の生産と販売に従事している。 詳細NDT ファンダメンタル分析スノーフレーク・スコア評価5/6将来の成長0/6過去の実績4/6財務の健全性6/6配当金3/6報酬当社が推定した公正価値より8.3%で取引されている 過去1年間で収益は185.5%増加しました 同業他社や業界と比較して、良好な取引価格 アナリストらは、株価が39%上昇するだろうとほぼ一致している。 リスク分析今後3年間の収益は年平均7.3%減少すると予測されている。 不安定な配当実績 意味のある時価総額がありません ( €57M )すべてのリスクチェックを見るNDT Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€4.1592.1% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0200m2016201920222025202620282031Revenue €196.9mEarnings €12.4mAdvancedSet Fair ValueView all narrativesNeodecortech S.p.A. 競合他社CULTI MilanoSymbol: BIT:CULTMarket cap: €52.1mMagisSymbol: BIT:MGSMarket cap: €55.3mIndustrie Chimiche ForestaliSymbol: BIT:ICFMarket cap: €35.6mFranchi Umberto MarmiSymbol: BIT:FUMMarket cap: €118.2m価格と性能株価の高値、安値、推移の概要Neodecortech過去の株価現在の株価€4.1552週高値€4.3052週安値€2.78ベータ0.821ヶ月の変化11.26%3ヶ月変化10.96%1年変化38.33%3年間の変化35.18%5年間の変化7.79%IPOからの変化2.52%最新ニュースMajor Estimate Revision • May 20Consensus EPS estimates increase by 36%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from €189.2m to €185.8m. EPS estimate rose from €0.445 to €0.605. Net income forecast to shrink 29% next year vs 51% growth forecast for Forestry industry in Italy . Consensus price target up from €5.07 to €5.77. Share price rose 9.7% to €4.19 over the past week.Price Target Changed • May 18Price target increased by 10% to €5.47Up from €4.95, the current price target is an average from 3 analysts. New target price is 33% above last closing price of €4.10. Stock is up 35% over the past year. The company is forecast to post earnings per share of €0.60 for next year compared to €0.54 last year.Upcoming Dividend • May 18Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 25 May 2026. Payment date: 27 May 2026. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Italian dividend payers (4.5%). In line with average of industry peers (4.0%).Reported Earnings • May 14First quarter 2026 earnings released: EPS: €0.40 (vs €0.06 in 1Q 2025)First quarter 2026 results: EPS: €0.40 (up from €0.06 in 1Q 2025). Revenue: €48.8m (up 11% from 1Q 2025). Net income: €5.52m (up €4.74m from 1Q 2025). Profit margin: 11% (up from 1.8% in 1Q 2025). Revenue is forecast to stay flat during the next 3 years compared to a 2.4% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Declared Dividend • Mar 19Dividend of €0.15 announcedDividend of €0.15 is the same as last year. Ex-date: 25th May 2026 Payment date: 27th May 2026 Dividend yield will be 4.2%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 6.6% over the next 3 years. However, it would need to fall by 69% to increase the payout ratio to a potentially unsustainable range.お知らせ • Mar 18Neodecortech S.p.A. announces Annual dividend, payable on May 27, 2026Neodecortech S.p.A. announced Annual dividend of EUR 0.1500 per share payable on May 27, 2026, ex-date on May 25, 2026 and record date on May 26, 2026.最新情報をもっと見るRecent updatesMajor Estimate Revision • May 20Consensus EPS estimates increase by 36%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from €189.2m to €185.8m. EPS estimate rose from €0.445 to €0.605. Net income forecast to shrink 29% next year vs 51% growth forecast for Forestry industry in Italy . Consensus price target up from €5.07 to €5.77. Share price rose 9.7% to €4.19 over the past week.Price Target Changed • May 18Price target increased by 10% to €5.47Up from €4.95, the current price target is an average from 3 analysts. New target price is 33% above last closing price of €4.10. Stock is up 35% over the past year. The company is forecast to post earnings per share of €0.60 for next year compared to €0.54 last year.Upcoming Dividend • May 18Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 25 May 2026. Payment date: 27 May 2026. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Italian dividend payers (4.5%). In line with average of industry peers (4.0%).Reported Earnings • May 14First quarter 2026 earnings released: EPS: €0.40 (vs €0.06 in 1Q 2025)First quarter 2026 results: EPS: €0.40 (up from €0.06 in 1Q 2025). Revenue: €48.8m (up 11% from 1Q 2025). Net income: €5.52m (up €4.74m from 1Q 2025). Profit margin: 11% (up from 1.8% in 1Q 2025). Revenue is forecast to stay flat during the next 3 years compared to a 2.4% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Declared Dividend • Mar 19Dividend of €0.15 announcedDividend of €0.15 is the same as last year. Ex-date: 25th May 2026 Payment date: 27th May 2026 Dividend yield will be 4.2%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 6.6% over the next 3 years. However, it would need to fall by 69% to increase the payout ratio to a potentially unsustainable range.お知らせ • Mar 18Neodecortech S.p.A. announces Annual dividend, payable on May 27, 2026Neodecortech S.p.A. announced Annual dividend of EUR 0.1500 per share payable on May 27, 2026, ex-date on May 25, 2026 and record date on May 26, 2026.Reported Earnings • Mar 15Full year 2025 earnings released: EPS: €0.54 (vs €0.29 in FY 2024)Full year 2025 results: EPS: €0.54 (up from €0.29 in FY 2024). Revenue: €187.9m (up 9.4% from FY 2024). Net income: €7.33m (up 81% from FY 2024). Profit margin: 3.9% (up from 2.4% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 2.3% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Feb 06Now 21% undervaluedOver the last 90 days, the stock has risen 21% to €3.74. The fair value is estimated to be €4.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.7% over the last 3 years. Earnings per share has declined by 22%. Revenue is forecast to grow by 3.2% in 2 years. Earnings are forecast to decline by 2.2% in the next 2 years.お知らせ • Nov 27Neodecortech S.p.A. (BIT:NDT) completed the acquisition of Lamitex S.P.A. for €8.1 million.Neodecortech S.p.A. (BIT:NDT) signed a binding agreement acquire Lamitex S.P.A. for €8.1 million on November 25, 2025. The total purchase price, which is not subject to adjustment mechanisms, is equal to €8.38 million, which will be paid for €7.5 million in cash and for the remaining €0.88 million through the transfer of 189,247 treasury shares of NDT at a unit price of €4.65 each. At the closing date, the treasury shares indicated will be transferred in full and, using available resources, a total amount of €3.5 million will be paid in cash. The remaining portion of the consideration, equal to €4.0 million, will be paid in two equal tranches respectively 6 months and 12 months after closing. Within the Neodecortech Group, Lamitex will remain a separate legal entity. In the 2024 financial year, Lamitex S.P.A. achieved a turnover of €12.8 million with an EBITDA of €1.8 million. Studio Legale Associato Deloitte acted as legal advisor for Neodecortech S.p.A. Deloitte Financial Advisory Services S.p.A. acted as financial advisor for Neodecortech S.p.A. Colla Di Piazza acted as legal advisor for Lamitex S.P.A. Neodecortech S.p.A. (BIT:NDT) completed the acquisition of Lamitex S.P.A. on November 26, 2025.Major Estimate Revision • Nov 20Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from €0.377 to €0.419. Revenue forecast steady at €177.4m. Net income forecast to shrink 15% next year vs 30% growth forecast for Forestry industry in Italy . Consensus price target broadly unchanged at €4.95. Share price rose 3.8% to €3.24 over the past week.Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: €0.18 (vs €0.074 in 3Q 2024)Third quarter 2025 results: EPS: €0.18 (up from €0.074 in 3Q 2024). Revenue: €49.0m (up 32% from 3Q 2024). Net income: €2.48m (up 160% from 3Q 2024). Profit margin: 5.1% (up from 2.6% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 2.7% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Major Estimate Revision • Aug 11Consensus EPS estimates increase by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from €174.2m to €176.2m. EPS estimate increased from €0.323 to €0.377 per share. Net income forecast to shrink 3.0% next year vs 25% growth forecast for Forestry industry in Italy . Consensus price target up from €4.65 to €4.88. Share price rose 6.9% to €3.08 over the past week.Price Target Changed • Aug 08Price target increased by 7.4% to €4.73Up from €4.40, the current price target is an average from 2 analysts. New target price is 53% above last closing price of €3.08. Stock is down 1.9% over the past year. The company is forecast to post earnings per share of €0.34 for next year compared to €0.29 last year.Reported Earnings • Aug 06Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: €47.5m (up 11% from 2Q 2024). Net income: €2.02m (up 234% from 2Q 2024). Profit margin: 4.3% (up from 1.4% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Forestry industry in Europe.Buy Or Sell Opportunity • May 16Now 20% undervaluedOver the last 90 days, the stock has risen 5.6% to €3.00. The fair value is estimated to be €3.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.6% over the last 3 years. Earnings per share has declined by 59%. Revenue is forecast to grow by 4.8% in 2 years. Earnings are forecast to grow by 40% in the next 2 years.Reported Earnings • May 15First quarter 2025 earnings released: EPS: €0.057 (vs €0.04 in 1Q 2024)First quarter 2025 results: EPS: €0.057 (up from €0.04 in 1Q 2024). Revenue: €43.9m (flat on 1Q 2024). Net income: €782.0k (up 28% from 1Q 2024). Profit margin: 1.8% (up from 1.4% in 1Q 2024). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Upcoming Dividend • May 12Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 19 May 2025. Payment date: 21 May 2025. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 5.1%. Lower than top quartile of Italian dividend payers (5.5%). Higher than average of industry peers (4.2%).分析記事 • Apr 08What Does Neodecortech S.p.A.'s (BIT:NDT) Share Price Indicate?Neodecortech S.p.A. ( BIT:NDT ), is not the largest company out there, but it saw significant share price movement...Buy Or Sell Opportunity • Apr 07Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to €2.52. The fair value is estimated to be €3.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.4% over the last 3 years. Earnings per share has declined by 55%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings are also forecast to grow by 34% per annum over the same time period.お知らせ • Mar 21+ 1 more updateNeodecortech S.p.A. announces Annual dividend, payable on May 21, 2025Neodecortech S.p.A. announced Annual dividend of EUR 0.1500 per share payable on May 21, 2025, ex-date on May 19, 2025 and record date on May 20, 2025.New Risk • Nov 24New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 116% Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (€40.4m market cap, or US$42.1m).Major Estimate Revision • Nov 21Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €169.0m to €158.4m. EPS estimate also fell from €0.24 per share to €0.185 per share. Net income forecast to grow 94% next year vs 13% growth forecast for Forestry industry in Italy. Consensus price target of €4.40 unchanged from last update. Share price was steady at €2.85 over the past week.Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: €0.074 (vs €0.031 loss in 3Q 2023)Third quarter 2024 results: EPS: €0.074 (up from €0.031 loss in 3Q 2023). Revenue: €37.2m (down 5.9% from 3Q 2023). Net income: €956.0k (up €1.37m from 3Q 2023). Profit margin: 2.6% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Forestry industry in Europe. 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 12% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Oct 25Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.6% to €3.08. The fair value is estimated to be €3.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 44%. Revenue is forecast to grow by 7.7% in 2 years. Earnings are forecast to grow by 1,000% in the next 2 years.Buy Or Sell Opportunity • Sep 02Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.1% to €3.06. The fair value is estimated to be €3.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 44%. Revenue is forecast to grow by 7.7% in 2 years. Earnings are forecast to grow by 1,000% in the next 2 years.New Risk • Aug 08New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 116% Paying a dividend despite having no free cash flows. Minor Risks Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (€43.0m market cap, or US$47.0m).Reported Earnings • Aug 06Second quarter 2024 earnings released: EPS: €0.052 (vs €0.16 in 2Q 2023)Second quarter 2024 results: EPS: €0.052 (down from €0.16 in 2Q 2023). Revenue: €42.8m (down 7.1% from 2Q 2023). Net income: €604.0k (down 74% from 2Q 2023). Profit margin: 1.4% (down from 5.1% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 44% 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.Buy Or Sell Opportunity • Aug 05Now 21% undervaluedOver the last 90 days, the stock has risen 10% to €3.10. The fair value is estimated to be €3.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has declined by 23%. Revenue is forecast to grow by 6.8% in 2 years. Earnings are forecast to grow by 137% in the next 2 years.分析記事 • Jun 05Some Investors May Be Worried About Neodecortech's (BIT:NDT) Returns On CapitalWhat financial metrics can indicate to us that a company is maturing or even in decline? When we see a declining return...New Risk • May 27New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risks Dividend is not well covered by earnings (116% payout ratio). Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (€40.9m market cap, or US$44.4m).Reported Earnings • May 14First quarter 2024 earnings released: EPS: €0.04 (vs €0.09 in 1Q 2023)First quarter 2024 results: EPS: €0.04 (down from €0.09 in 1Q 2023). Revenue: €43.5m (down 7.3% from 1Q 2023). Net income: €612.0k (down 51% from 1Q 2023). Profit margin: 1.4% (down from 2.7% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Mar 19Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €180.6m to €172.5m. EPS estimate also fell from €0.391 per share to €0.341 per share. Net income forecast to grow 77% next year vs 9.6% decline forecast for Forestry industry in Italy. Consensus price target broadly unchanged at €4.50. Share price was steady at €3.04 over the past week.分析記事 • Mar 16Neodecortech S.p.A. (BIT:NDT) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?Last week saw the newest annual earnings release from Neodecortech S.p.A. ( BIT:NDT ), an important milestone in the...Reported Earnings • Mar 14Full year 2023 earnings released: EPS: €0.20 (vs €0.60 in FY 2022)Full year 2023 results: EPS: €0.20 (down from €0.60 in FY 2022). Revenue: €168.8m (down 17% from FY 2022). Net income: €2.85m (down 66% from FY 2022). Profit margin: 1.7% (down from 4.1% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 2 years, compared to a 3.1% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 4% per year.分析記事 • Dec 28These Return Metrics Don't Make Neodecortech (BIT:NDT) Look Too StrongTo avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...Major Estimate Revision • Nov 16Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €176.5m to €167.9m. EPS estimate also fell from €0.367 per share to €0.283 per share. Net income forecast to grow 213% next year vs 32% decline forecast for Forestry industry in Italy. Consensus price target down from €4.75 to €4.43. Share price rose 2.9% to €2.83 over the past week.New Risk • Nov 14New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 124% 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 Risks Interest payments are not well covered by earnings (0.4x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 116% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin). Market cap is less than US$100m (€39.1m market cap, or US$42.5m).Reported Earnings • Nov 10Third quarter 2023 earnings released: €0.029 loss per share (vs €0.13 profit in 3Q 2022)Third quarter 2023 results: €0.029 loss per share (down from €0.13 profit in 3Q 2022). Revenue: €39.5m (down 27% from 3Q 2022). Net loss: €414.0k (down 123% from profit in 3Q 2022). Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 4% per year.Price Target Changed • Nov 09Price target decreased by 13% to €4.43Down from €5.10, the current price target is an average from 2 analysts. New target price is 61% above last closing price of €2.75. Stock is down 12% over the past year. The company is forecast to post earnings per share of €0.37 for next year compared to €0.60 last year.Reported Earnings • Sep 08Second quarter 2023 earnings released: EPS: €0.17 (vs €0.27 in 2Q 2022)Second quarter 2023 results: EPS: €0.17 (down from €0.27 in 2Q 2022). Revenue: €46.4m (down 11% from 2Q 2022). Net income: €2.34m (down 40% from 2Q 2022). Profit margin: 5.0% (down from 7.5% in 2Q 2022). Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.分析記事 • Jul 20Neodecortech (BIT:NDT) Has A Somewhat Strained Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...New Risk • Jul 19New 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 4.9% 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: Major Risk Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (4.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.7% net profit margin). Market cap is less than US$100m (€42.7m market cap, or US$47.8m).Price Target Changed • Jun 28Price target decreased by 7.8% to €4.70Down from €5.10, the current price target is an average from 2 analysts. New target price is 64% above last closing price of €2.86. Stock is down 19% over the past year. The company is forecast to post earnings per share of €0.33 for next year compared to €0.60 last year.Upcoming Dividend • May 16Upcoming dividend of €0.14 per share at 4.5% yieldEligible shareholders must have bought the stock before 23 May 2023. Payment date: 25 May 2023. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of Italian dividend payers (5.3%). Lower than average of industry peers (5.6%).Major Estimate Revision • May 15Consensus EPS estimates increase by 18%, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from €183.0m to €176.9m. EPS estimate rose from €0.28 to €0.33. Net income forecast to shrink 12% next year vs 43% decline forecast for Forestry industry in Italy. Consensus price target of €4.80 unchanged from last update. Share price fell 7.0% to €3.07 over the past week.Reported Earnings • May 10First quarter 2023 earnings released: EPS: €0.09 (vs €0.30 in 1Q 2022)First quarter 2023 results: EPS: €0.09 (down from €0.30 in 1Q 2022). Revenue: €49.4m (down 2.1% from 1Q 2022). Net income: €1.25m (down 70% from 1Q 2022). Profit margin: 2.5% (down from 8.4% in 1Q 2022). Revenue is forecast to decline by 2.6% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. 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 3% per year, which means it is significantly lagging earnings growth.Price Target Changed • Dec 23Price target decreased to €5.10Down from €5.90, the current price target is an average from 2 analysts. New target price is 53% above last closing price of €3.34. Stock is down 24% over the past year. The company is forecast to post earnings per share of €0.63 for next year compared to €0.50 last year.Buying Opportunity • Dec 09Now 21% undervaluedOver the last 90 days, the stock is up 2.7%. The fair value is estimated to be €4.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 41%. Revenue is forecast to decline by 3.0% in 2 years. Earnings is forecast to decline by 38% in the next 2 years.Board Change • Nov 16Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Chairman of the Board of Directors Luca Peli is the most experienced director on the board, commencing their role in 2021. Independent Director Ida Altimare was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.分析記事 • Oct 25Neodecortech (BIT:NDT) Shareholders Will Want The ROCE Trajectory To ContinueFinding 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 • Sep 09Second quarter 2022 earnings released: EPS: €0.27 (vs €0.10 in 2Q 2021)Second quarter 2022 results: EPS: €0.27 (up from €0.10 in 2Q 2021). Revenue: €52.3m (up 23% from 2Q 2021). Net income: €3.91m (up 187% from 2Q 2021). Profit margin: 7.5% (up from 3.2% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Price Target Changed • Sep 07Price target decreased to €5.65Down from €6.23, the current price target is an average from 3 analysts. New target price is 68% above last closing price of €3.36. Stock is down 33% over the past year. The company is forecast to post earnings per share of €0.68 for next year compared to €0.50 last year.分析記事 • Aug 03Does Neodecortech (BIT:NDT) 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...Buying Opportunity • Jun 16Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be €4.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to decline by 1.2% in a year. Earnings is forecast to grow by 4.9% in the next year.Reported Earnings • May 16First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: €0.30 (up from €0.13 in 1Q 2021). Revenue: €50.4m (up 25% from 1Q 2021). Net income: €4.22m (up 140% from 1Q 2021). Profit margin: 8.4% (up from 4.4% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 6.0%. Over the next year, revenue is expected to shrink by 1.2% compared to a 8.0% growth forecast for the industry in Italy. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 09Upcoming dividend of €0.14 per shareEligible shareholders must have bought the stock before 16 May 2022. Payment date: 18 May 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of Italian dividend payers (4.8%). Higher than average of industry peers (3.2%).Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Director Luca Peli was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 18Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: €0.49 (up from €0.27 in FY 2020). Revenue: €179.0m (up 38% from FY 2020). Net income: €6.69m (up 89% from FY 2020). Profit margin: 3.7% (up from 2.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 3.3%, compared to a 3.2% growth forecast for the industry in Italy. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 4% per year.分析記事 • Mar 17Brokers Are Upgrading Their Views On Neodecortech S.p.A. (BIT:NDT) With These New ForecastsNeodecortech S.p.A. ( BIT:NDT ) shareholders will have a reason to smile today, with the analysts making substantial...Valuation Update With 7 Day Price Move • Mar 17Investor sentiment improved over the past weekAfter last week's 18% share price gain to €3.99, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the Forestry industry in Europe. Total returns to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.98 per share.Buying Opportunity • Mar 03Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be €4.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% per annum over the last 3 years. Earnings per share has declined by 4.8% per annum over the last 3 years.Reported Earnings • Nov 17Third quarter 2021 earnings released: EPS €0.097 (vs €0.13 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: €44.3m (up 18% from 3Q 2020). Net income: €1.35m (down 19% from 3Q 2020). Profit margin: 3.0% (down from 4.4% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.Reported Earnings • Sep 09Second quarter 2021 earnings released: EPS €0.10 (vs €0.16 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €42.3m (up 99% from 2Q 2020). Net income: €1.36m (up €3.42m from 2Q 2020). Profit margin: 3.2% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 8% 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 • Sep 09Price target increased to €5.88Up from €5.33, the current price target is an average from 3 analysts. New target price is 23% above last closing price of €4.79. Stock is up 81% over the past year.Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improved over the past weekAfter last week's 15% share price gain to €4.94, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Forestry industry in Europe. Total returns to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.30 per share.Upcoming Dividend • May 10Upcoming dividend of €0.09 per shareEligible shareholders must have bought the stock before 17 May 2021. Payment date: 19 May 2021. Trailing yield: 3.8%. Lower than top quartile of Italian dividend payers (3.9%). Higher than average of industry peers (2.7%).分析記事 • Apr 12Neodecortech (BIT:NDT) May Have Issues Allocating Its CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...Price Target Changed • Apr 10Price target increased to €4.83Up from €4.49, the current price target is an average from 4 analysts. New target price is 34% above last closing price of €3.59. Stock is up 20% over the past year.Is New 90 Day High Low • Mar 02New 90-day high: €3.44The company is up 31% from its price of €2.62 on 02 December 2020. The Italian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.07 per share.分析記事 • Feb 18Is Neodecortech S.p.A. (BIT:NDT) A Great Dividend Stock?Today we'll take a closer look at Neodecortech S.p.A. ( BIT:NDT ) from a dividend investor's perspective. Owning a...分析記事 • Jan 29Is Neodecortech S.p.A. (BIT:NDT) Trading At A 39% Discount?How far off is Neodecortech S.p.A. ( BIT:NDT ) from its intrinsic value? Using the most recent financial data, we'll...分析記事 • Jan 12Here's Why We Don't Think Neodecortech's (BIT:NDT) Statutory Earnings Reflect Its Underlying Earnings PotentialMany investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 21% share price gain to €3.30, the stock is trading at a trailing P/E ratio of 14.1x, up from the previous P/E ratio of 11.7x. This compares to an average P/E of 14x in the Forestry industry in Europe. Total returns to shareholders over the past three years were flat.Is New 90 Day High Low • Jan 04New 90-day high: €3.06The company is up 30% from its price of €2.36 on 06 October 2020. The Italian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.00 per share.分析記事 • Dec 22Should You Investigate Neodecortech S.p.A. (BIT:NDT) At €2.70?Neodecortech S.p.A. ( BIT:NDT ), might not be a large cap stock, but it received a lot of attention from a substantial...Is New 90 Day High Low • Dec 16New 90-day high: €2.90The company is up 11% from its price of €2.62 on 17 September 2020. The Italian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Forestry industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.00 per share.分析記事 • Dec 03The Returns At Neodecortech (BIT:NDT) Provide Us With Signs Of What's To ComeWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? One...Is New 90 Day High Low • Nov 25New 90-day high: €2.74The company is up 4.0% from its price of €2.64 on 27 August 2020. The Italian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.44 per share.Major Estimate Revision • Oct 24Analysts update estimatesThe 2020 consensus earning per share (EPS) estimate increased from €0.11 to €0.13. Revenue estimate for the same period was approximately flat at €124.6m. Net income is expected to grow by 5.4% next year compared to 20% decline forecast for the Forestry industry in Italy. The consensus price target of €4.43 was unchanged from the last update. Share price is up 7.3% to €2.36 over the past week.Is New 90 Day High Low • Oct 02New 90-day low: €2.44The company is down 10.0% from its price of €2.72 on 03 July 2020. The Italian market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.59 per share.お知らせ • Sep 26Neodecortech S.p.A. to Report First Half, 2020 Results on Sep 07, 2020Neodecortech S.p.A. announced that they will report first half, 2020 results on Sep 07, 2020株主還元NDTIT ForestryIT 市場7D1.2%0.6%1.4%1Y38.3%-9.5%18.7%株主還元を見る業界別リターン: NDT過去 1 年間で-9.5 % の収益を上げたItalian Forestry業界を上回りました。リターン対市場: NDT過去 1 年間で18.7 % の収益を上げたItalian市場を上回りました。価格変動Is NDT's price volatile compared to industry and market?NDT volatilityNDT Average Weekly Movement5.8%Forestry Industry Average Movement4.2%Market Average Movement5.2%10% most volatile stocks in IT Market8.6%10% least volatile stocks in IT Market3.2%安定した株価: NDT 、 Italian市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: NDTの 週次ボラティリティ ( 6% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1947441Luigi Cologniwww.neodecortech.itNeodecortech S.p.A. は、イタリア、ヨーロッパ、アジア、中東、米国、アフリカにおいて、木材および家具付属品の産業分野向けの装飾紙の生産と販売に従事している。同社は、木材、石材、表面、ファンシー、テキスタイル、床材など、さまざまなカテゴリーの装飾紙を提供している。また、紙の印刷と含浸、熱可塑性フィルムの印刷と仕上げ、ラミネート製品も手掛けている。さらに、電気・熱エネルギープラントを所有・運営している。Confalonieri、Texte、Planaブランドで製品を販売している。1947年に設立され、イタリアのフィラゴに本社を置く。Neodecortech S.p.A.はFinanziaria Valentini S.p.A.の子会社である。もっと見るNeodecortech S.p.A. 基礎のまとめNeodecortech の収益と売上を時価総額と比較するとどうか。NDT 基礎統計学時価総額€57.14m収益（TTM）€12.07m売上高(TTM)€192.13m4.7xPER（株価収益率0.3xP/SレシオNDT は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計NDT 損益計算書（TTM）収益€192.13m売上原価€115.13m売上総利益€77.00mその他の費用€64.93m収益€12.07m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）0.88グロス・マージン40.08%純利益率6.28%有利子負債／自己資本比率50.1%NDT の長期的なパフォーマンスは？過去の実績と比較を見る配当金3.6%現在の配当利回り28%配当性向NDT 配当は確実ですか？NDT 配当履歴とベンチマークを見るNDT 、いつまでに購入すれば配当金を受け取れますか？Neodecortech 配当日配当落ち日May 25 2026配当支払日May 27 2026配当落ちまでの日数1 day配当支払日までの日数1 dayNDT 配当は確実ですか？NDT 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/25 15:57終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Neodecortech S.p.A. 3 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。8 アナリスト機関Luca ArenaAlantra Capital Markets ResearchGian GadiniBanca Akros S.p.A. (ESN)null nullIntermonte SIM S.p.A.5 その他のアナリストを表示
Major Estimate Revision • May 20Consensus EPS estimates increase by 36%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from €189.2m to €185.8m. EPS estimate rose from €0.445 to €0.605. Net income forecast to shrink 29% next year vs 51% growth forecast for Forestry industry in Italy . Consensus price target up from €5.07 to €5.77. Share price rose 9.7% to €4.19 over the past week.
Price Target Changed • May 18Price target increased by 10% to €5.47Up from €4.95, the current price target is an average from 3 analysts. New target price is 33% above last closing price of €4.10. Stock is up 35% over the past year. The company is forecast to post earnings per share of €0.60 for next year compared to €0.54 last year.
Upcoming Dividend • May 18Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 25 May 2026. Payment date: 27 May 2026. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Italian dividend payers (4.5%). In line with average of industry peers (4.0%).
Reported Earnings • May 14First quarter 2026 earnings released: EPS: €0.40 (vs €0.06 in 1Q 2025)First quarter 2026 results: EPS: €0.40 (up from €0.06 in 1Q 2025). Revenue: €48.8m (up 11% from 1Q 2025). Net income: €5.52m (up €4.74m from 1Q 2025). Profit margin: 11% (up from 1.8% in 1Q 2025). Revenue is forecast to stay flat during the next 3 years compared to a 2.4% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Mar 19Dividend of €0.15 announcedDividend of €0.15 is the same as last year. Ex-date: 25th May 2026 Payment date: 27th May 2026 Dividend yield will be 4.2%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 6.6% over the next 3 years. However, it would need to fall by 69% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Mar 18Neodecortech S.p.A. announces Annual dividend, payable on May 27, 2026Neodecortech S.p.A. announced Annual dividend of EUR 0.1500 per share payable on May 27, 2026, ex-date on May 25, 2026 and record date on May 26, 2026.
Major Estimate Revision • May 20Consensus EPS estimates increase by 36%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from €189.2m to €185.8m. EPS estimate rose from €0.445 to €0.605. Net income forecast to shrink 29% next year vs 51% growth forecast for Forestry industry in Italy . Consensus price target up from €5.07 to €5.77. Share price rose 9.7% to €4.19 over the past week.
Price Target Changed • May 18Price target increased by 10% to €5.47Up from €4.95, the current price target is an average from 3 analysts. New target price is 33% above last closing price of €4.10. Stock is up 35% over the past year. The company is forecast to post earnings per share of €0.60 for next year compared to €0.54 last year.
Upcoming Dividend • May 18Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 25 May 2026. Payment date: 27 May 2026. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Italian dividend payers (4.5%). In line with average of industry peers (4.0%).
Reported Earnings • May 14First quarter 2026 earnings released: EPS: €0.40 (vs €0.06 in 1Q 2025)First quarter 2026 results: EPS: €0.40 (up from €0.06 in 1Q 2025). Revenue: €48.8m (up 11% from 1Q 2025). Net income: €5.52m (up €4.74m from 1Q 2025). Profit margin: 11% (up from 1.8% in 1Q 2025). Revenue is forecast to stay flat during the next 3 years compared to a 2.4% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Mar 19Dividend of €0.15 announcedDividend of €0.15 is the same as last year. Ex-date: 25th May 2026 Payment date: 27th May 2026 Dividend yield will be 4.2%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 6.6% over the next 3 years. However, it would need to fall by 69% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Mar 18Neodecortech S.p.A. announces Annual dividend, payable on May 27, 2026Neodecortech S.p.A. announced Annual dividend of EUR 0.1500 per share payable on May 27, 2026, ex-date on May 25, 2026 and record date on May 26, 2026.
Reported Earnings • Mar 15Full year 2025 earnings released: EPS: €0.54 (vs €0.29 in FY 2024)Full year 2025 results: EPS: €0.54 (up from €0.29 in FY 2024). Revenue: €187.9m (up 9.4% from FY 2024). Net income: €7.33m (up 81% from FY 2024). Profit margin: 3.9% (up from 2.4% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 2.3% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Feb 06Now 21% undervaluedOver the last 90 days, the stock has risen 21% to €3.74. The fair value is estimated to be €4.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.7% over the last 3 years. Earnings per share has declined by 22%. Revenue is forecast to grow by 3.2% in 2 years. Earnings are forecast to decline by 2.2% in the next 2 years.
お知らせ • Nov 27Neodecortech S.p.A. (BIT:NDT) completed the acquisition of Lamitex S.P.A. for €8.1 million.Neodecortech S.p.A. (BIT:NDT) signed a binding agreement acquire Lamitex S.P.A. for €8.1 million on November 25, 2025. The total purchase price, which is not subject to adjustment mechanisms, is equal to €8.38 million, which will be paid for €7.5 million in cash and for the remaining €0.88 million through the transfer of 189,247 treasury shares of NDT at a unit price of €4.65 each. At the closing date, the treasury shares indicated will be transferred in full and, using available resources, a total amount of €3.5 million will be paid in cash. The remaining portion of the consideration, equal to €4.0 million, will be paid in two equal tranches respectively 6 months and 12 months after closing. Within the Neodecortech Group, Lamitex will remain a separate legal entity. In the 2024 financial year, Lamitex S.P.A. achieved a turnover of €12.8 million with an EBITDA of €1.8 million. Studio Legale Associato Deloitte acted as legal advisor for Neodecortech S.p.A. Deloitte Financial Advisory Services S.p.A. acted as financial advisor for Neodecortech S.p.A. Colla Di Piazza acted as legal advisor for Lamitex S.P.A. Neodecortech S.p.A. (BIT:NDT) completed the acquisition of Lamitex S.P.A. on November 26, 2025.
Major Estimate Revision • Nov 20Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from €0.377 to €0.419. Revenue forecast steady at €177.4m. Net income forecast to shrink 15% next year vs 30% growth forecast for Forestry industry in Italy . Consensus price target broadly unchanged at €4.95. Share price rose 3.8% to €3.24 over the past week.
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: €0.18 (vs €0.074 in 3Q 2024)Third quarter 2025 results: EPS: €0.18 (up from €0.074 in 3Q 2024). Revenue: €49.0m (up 32% from 3Q 2024). Net income: €2.48m (up 160% from 3Q 2024). Profit margin: 5.1% (up from 2.6% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 2.7% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Major Estimate Revision • Aug 11Consensus EPS estimates increase by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from €174.2m to €176.2m. EPS estimate increased from €0.323 to €0.377 per share. Net income forecast to shrink 3.0% next year vs 25% growth forecast for Forestry industry in Italy . Consensus price target up from €4.65 to €4.88. Share price rose 6.9% to €3.08 over the past week.
Price Target Changed • Aug 08Price target increased by 7.4% to €4.73Up from €4.40, the current price target is an average from 2 analysts. New target price is 53% above last closing price of €3.08. Stock is down 1.9% over the past year. The company is forecast to post earnings per share of €0.34 for next year compared to €0.29 last year.
Reported Earnings • Aug 06Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: €47.5m (up 11% from 2Q 2024). Net income: €2.02m (up 234% from 2Q 2024). Profit margin: 4.3% (up from 1.4% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Forestry industry in Europe.
Buy Or Sell Opportunity • May 16Now 20% undervaluedOver the last 90 days, the stock has risen 5.6% to €3.00. The fair value is estimated to be €3.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.6% over the last 3 years. Earnings per share has declined by 59%. Revenue is forecast to grow by 4.8% in 2 years. Earnings are forecast to grow by 40% in the next 2 years.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: €0.057 (vs €0.04 in 1Q 2024)First quarter 2025 results: EPS: €0.057 (up from €0.04 in 1Q 2024). Revenue: €43.9m (flat on 1Q 2024). Net income: €782.0k (up 28% from 1Q 2024). Profit margin: 1.8% (up from 1.4% in 1Q 2024). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • May 12Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 19 May 2025. Payment date: 21 May 2025. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 5.1%. Lower than top quartile of Italian dividend payers (5.5%). Higher than average of industry peers (4.2%).
分析記事 • Apr 08What Does Neodecortech S.p.A.'s (BIT:NDT) Share Price Indicate?Neodecortech S.p.A. ( BIT:NDT ), is not the largest company out there, but it saw significant share price movement...
Buy Or Sell Opportunity • Apr 07Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to €2.52. The fair value is estimated to be €3.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.4% over the last 3 years. Earnings per share has declined by 55%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings are also forecast to grow by 34% per annum over the same time period.
お知らせ • Mar 21+ 1 more updateNeodecortech S.p.A. announces Annual dividend, payable on May 21, 2025Neodecortech S.p.A. announced Annual dividend of EUR 0.1500 per share payable on May 21, 2025, ex-date on May 19, 2025 and record date on May 20, 2025.
New Risk • Nov 24New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 116% Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (€40.4m market cap, or US$42.1m).
Major Estimate Revision • Nov 21Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €169.0m to €158.4m. EPS estimate also fell from €0.24 per share to €0.185 per share. Net income forecast to grow 94% next year vs 13% growth forecast for Forestry industry in Italy. Consensus price target of €4.40 unchanged from last update. Share price was steady at €2.85 over the past week.
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: €0.074 (vs €0.031 loss in 3Q 2023)Third quarter 2024 results: EPS: €0.074 (up from €0.031 loss in 3Q 2023). Revenue: €37.2m (down 5.9% from 3Q 2023). Net income: €956.0k (up €1.37m from 3Q 2023). Profit margin: 2.6% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Forestry industry in Europe. 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 12% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Oct 25Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.6% to €3.08. The fair value is estimated to be €3.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 44%. Revenue is forecast to grow by 7.7% in 2 years. Earnings are forecast to grow by 1,000% in the next 2 years.
Buy Or Sell Opportunity • Sep 02Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.1% to €3.06. The fair value is estimated to be €3.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 44%. Revenue is forecast to grow by 7.7% in 2 years. Earnings are forecast to grow by 1,000% in the next 2 years.
New Risk • Aug 08New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 116% Paying a dividend despite having no free cash flows. Minor Risks Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (€43.0m market cap, or US$47.0m).
Reported Earnings • Aug 06Second quarter 2024 earnings released: EPS: €0.052 (vs €0.16 in 2Q 2023)Second quarter 2024 results: EPS: €0.052 (down from €0.16 in 2Q 2023). Revenue: €42.8m (down 7.1% from 2Q 2023). Net income: €604.0k (down 74% from 2Q 2023). Profit margin: 1.4% (down from 5.1% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 44% 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.
Buy Or Sell Opportunity • Aug 05Now 21% undervaluedOver the last 90 days, the stock has risen 10% to €3.10. The fair value is estimated to be €3.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Earnings per share has declined by 23%. Revenue is forecast to grow by 6.8% in 2 years. Earnings are forecast to grow by 137% in the next 2 years.
分析記事 • Jun 05Some Investors May Be Worried About Neodecortech's (BIT:NDT) Returns On CapitalWhat financial metrics can indicate to us that a company is maturing or even in decline? When we see a declining return...
New Risk • May 27New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risks Dividend is not well covered by earnings (116% payout ratio). Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (€40.9m market cap, or US$44.4m).
Reported Earnings • May 14First quarter 2024 earnings released: EPS: €0.04 (vs €0.09 in 1Q 2023)First quarter 2024 results: EPS: €0.04 (down from €0.09 in 1Q 2023). Revenue: €43.5m (down 7.3% from 1Q 2023). Net income: €612.0k (down 51% from 1Q 2023). Profit margin: 1.4% (down from 2.7% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Mar 19Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €180.6m to €172.5m. EPS estimate also fell from €0.391 per share to €0.341 per share. Net income forecast to grow 77% next year vs 9.6% decline forecast for Forestry industry in Italy. Consensus price target broadly unchanged at €4.50. Share price was steady at €3.04 over the past week.
分析記事 • Mar 16Neodecortech S.p.A. (BIT:NDT) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?Last week saw the newest annual earnings release from Neodecortech S.p.A. ( BIT:NDT ), an important milestone in the...
Reported Earnings • Mar 14Full year 2023 earnings released: EPS: €0.20 (vs €0.60 in FY 2022)Full year 2023 results: EPS: €0.20 (down from €0.60 in FY 2022). Revenue: €168.8m (down 17% from FY 2022). Net income: €2.85m (down 66% from FY 2022). Profit margin: 1.7% (down from 4.1% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 2 years, compared to a 3.1% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 4% per year.
分析記事 • Dec 28These Return Metrics Don't Make Neodecortech (BIT:NDT) Look Too StrongTo avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...
Major Estimate Revision • Nov 16Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €176.5m to €167.9m. EPS estimate also fell from €0.367 per share to €0.283 per share. Net income forecast to grow 213% next year vs 32% decline forecast for Forestry industry in Italy. Consensus price target down from €4.75 to €4.43. Share price rose 2.9% to €2.83 over the past week.
New Risk • Nov 14New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 124% 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 Risks Interest payments are not well covered by earnings (0.4x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 116% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin). Market cap is less than US$100m (€39.1m market cap, or US$42.5m).
Reported Earnings • Nov 10Third quarter 2023 earnings released: €0.029 loss per share (vs €0.13 profit in 3Q 2022)Third quarter 2023 results: €0.029 loss per share (down from €0.13 profit in 3Q 2022). Revenue: €39.5m (down 27% from 3Q 2022). Net loss: €414.0k (down 123% from profit in 3Q 2022). Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 4% per year.
Price Target Changed • Nov 09Price target decreased by 13% to €4.43Down from €5.10, the current price target is an average from 2 analysts. New target price is 61% above last closing price of €2.75. Stock is down 12% over the past year. The company is forecast to post earnings per share of €0.37 for next year compared to €0.60 last year.
Reported Earnings • Sep 08Second quarter 2023 earnings released: EPS: €0.17 (vs €0.27 in 2Q 2022)Second quarter 2023 results: EPS: €0.17 (down from €0.27 in 2Q 2022). Revenue: €46.4m (down 11% from 2Q 2022). Net income: €2.34m (down 40% from 2Q 2022). Profit margin: 5.0% (down from 7.5% in 2Q 2022). Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
分析記事 • Jul 20Neodecortech (BIT:NDT) Has A Somewhat Strained Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
New Risk • Jul 19New 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 4.9% 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: Major Risk Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (4.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.7% net profit margin). Market cap is less than US$100m (€42.7m market cap, or US$47.8m).
Price Target Changed • Jun 28Price target decreased by 7.8% to €4.70Down from €5.10, the current price target is an average from 2 analysts. New target price is 64% above last closing price of €2.86. Stock is down 19% over the past year. The company is forecast to post earnings per share of €0.33 for next year compared to €0.60 last year.
Upcoming Dividend • May 16Upcoming dividend of €0.14 per share at 4.5% yieldEligible shareholders must have bought the stock before 23 May 2023. Payment date: 25 May 2023. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of Italian dividend payers (5.3%). Lower than average of industry peers (5.6%).
Major Estimate Revision • May 15Consensus EPS estimates increase by 18%, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from €183.0m to €176.9m. EPS estimate rose from €0.28 to €0.33. Net income forecast to shrink 12% next year vs 43% decline forecast for Forestry industry in Italy. Consensus price target of €4.80 unchanged from last update. Share price fell 7.0% to €3.07 over the past week.
Reported Earnings • May 10First quarter 2023 earnings released: EPS: €0.09 (vs €0.30 in 1Q 2022)First quarter 2023 results: EPS: €0.09 (down from €0.30 in 1Q 2022). Revenue: €49.4m (down 2.1% from 1Q 2022). Net income: €1.25m (down 70% from 1Q 2022). Profit margin: 2.5% (down from 8.4% in 1Q 2022). Revenue is forecast to decline by 2.6% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. 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 3% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Dec 23Price target decreased to €5.10Down from €5.90, the current price target is an average from 2 analysts. New target price is 53% above last closing price of €3.34. Stock is down 24% over the past year. The company is forecast to post earnings per share of €0.63 for next year compared to €0.50 last year.
Buying Opportunity • Dec 09Now 21% undervaluedOver the last 90 days, the stock is up 2.7%. The fair value is estimated to be €4.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 41%. Revenue is forecast to decline by 3.0% in 2 years. Earnings is forecast to decline by 38% in the next 2 years.
Board Change • Nov 16Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Chairman of the Board of Directors Luca Peli is the most experienced director on the board, commencing their role in 2021. Independent Director Ida Altimare was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
分析記事 • Oct 25Neodecortech (BIT:NDT) Shareholders Will Want The ROCE Trajectory To ContinueFinding 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 • Sep 09Second quarter 2022 earnings released: EPS: €0.27 (vs €0.10 in 2Q 2021)Second quarter 2022 results: EPS: €0.27 (up from €0.10 in 2Q 2021). Revenue: €52.3m (up 23% from 2Q 2021). Net income: €3.91m (up 187% from 2Q 2021). Profit margin: 7.5% (up from 3.2% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Price Target Changed • Sep 07Price target decreased to €5.65Down from €6.23, the current price target is an average from 3 analysts. New target price is 68% above last closing price of €3.36. Stock is down 33% over the past year. The company is forecast to post earnings per share of €0.68 for next year compared to €0.50 last year.
分析記事 • Aug 03Does Neodecortech (BIT:NDT) 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...
Buying Opportunity • Jun 16Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be €4.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to decline by 1.2% in a year. Earnings is forecast to grow by 4.9% in the next year.
Reported Earnings • May 16First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: €0.30 (up from €0.13 in 1Q 2021). Revenue: €50.4m (up 25% from 1Q 2021). Net income: €4.22m (up 140% from 1Q 2021). Profit margin: 8.4% (up from 4.4% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 6.0%. Over the next year, revenue is expected to shrink by 1.2% compared to a 8.0% growth forecast for the industry in Italy. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 09Upcoming dividend of €0.14 per shareEligible shareholders must have bought the stock before 16 May 2022. Payment date: 18 May 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of Italian dividend payers (4.8%). Higher than average of industry peers (3.2%).
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Director Luca Peli was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 18Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: €0.49 (up from €0.27 in FY 2020). Revenue: €179.0m (up 38% from FY 2020). Net income: €6.69m (up 89% from FY 2020). Profit margin: 3.7% (up from 2.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 3.3%, compared to a 3.2% growth forecast for the industry in Italy. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 4% per year.
分析記事 • Mar 17Brokers Are Upgrading Their Views On Neodecortech S.p.A. (BIT:NDT) With These New ForecastsNeodecortech S.p.A. ( BIT:NDT ) shareholders will have a reason to smile today, with the analysts making substantial...
Valuation Update With 7 Day Price Move • Mar 17Investor sentiment improved over the past weekAfter last week's 18% share price gain to €3.99, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the Forestry industry in Europe. Total returns to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.98 per share.
Buying Opportunity • Mar 03Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be €4.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% per annum over the last 3 years. Earnings per share has declined by 4.8% per annum over the last 3 years.
Reported Earnings • Nov 17Third quarter 2021 earnings released: EPS €0.097 (vs €0.13 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: €44.3m (up 18% from 3Q 2020). Net income: €1.35m (down 19% from 3Q 2020). Profit margin: 3.0% (down from 4.4% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.
Reported Earnings • Sep 09Second quarter 2021 earnings released: EPS €0.10 (vs €0.16 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €42.3m (up 99% from 2Q 2020). Net income: €1.36m (up €3.42m from 2Q 2020). Profit margin: 3.2% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 8% 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 • Sep 09Price target increased to €5.88Up from €5.33, the current price target is an average from 3 analysts. New target price is 23% above last closing price of €4.79. Stock is up 81% over the past year.
Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improved over the past weekAfter last week's 15% share price gain to €4.94, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Forestry industry in Europe. Total returns to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.30 per share.
Upcoming Dividend • May 10Upcoming dividend of €0.09 per shareEligible shareholders must have bought the stock before 17 May 2021. Payment date: 19 May 2021. Trailing yield: 3.8%. Lower than top quartile of Italian dividend payers (3.9%). Higher than average of industry peers (2.7%).
分析記事 • Apr 12Neodecortech (BIT:NDT) May Have Issues Allocating Its CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
Price Target Changed • Apr 10Price target increased to €4.83Up from €4.49, the current price target is an average from 4 analysts. New target price is 34% above last closing price of €3.59. Stock is up 20% over the past year.
Is New 90 Day High Low • Mar 02New 90-day high: €3.44The company is up 31% from its price of €2.62 on 02 December 2020. The Italian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.07 per share.
分析記事 • Feb 18Is Neodecortech S.p.A. (BIT:NDT) A Great Dividend Stock?Today we'll take a closer look at Neodecortech S.p.A. ( BIT:NDT ) from a dividend investor's perspective. Owning a...
分析記事 • Jan 29Is Neodecortech S.p.A. (BIT:NDT) Trading At A 39% Discount?How far off is Neodecortech S.p.A. ( BIT:NDT ) from its intrinsic value? Using the most recent financial data, we'll...
分析記事 • Jan 12Here's Why We Don't Think Neodecortech's (BIT:NDT) Statutory Earnings Reflect Its Underlying Earnings PotentialMany investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 21% share price gain to €3.30, the stock is trading at a trailing P/E ratio of 14.1x, up from the previous P/E ratio of 11.7x. This compares to an average P/E of 14x in the Forestry industry in Europe. Total returns to shareholders over the past three years were flat.
Is New 90 Day High Low • Jan 04New 90-day high: €3.06The company is up 30% from its price of €2.36 on 06 October 2020. The Italian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.00 per share.
分析記事 • Dec 22Should You Investigate Neodecortech S.p.A. (BIT:NDT) At €2.70?Neodecortech S.p.A. ( BIT:NDT ), might not be a large cap stock, but it received a lot of attention from a substantial...
Is New 90 Day High Low • Dec 16New 90-day high: €2.90The company is up 11% from its price of €2.62 on 17 September 2020. The Italian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Forestry industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.00 per share.
分析記事 • Dec 03The Returns At Neodecortech (BIT:NDT) Provide Us With Signs Of What's To ComeWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Is New 90 Day High Low • Nov 25New 90-day high: €2.74The company is up 4.0% from its price of €2.64 on 27 August 2020. The Italian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.44 per share.
Major Estimate Revision • Oct 24Analysts update estimatesThe 2020 consensus earning per share (EPS) estimate increased from €0.11 to €0.13. Revenue estimate for the same period was approximately flat at €124.6m. Net income is expected to grow by 5.4% next year compared to 20% decline forecast for the Forestry industry in Italy. The consensus price target of €4.43 was unchanged from the last update. Share price is up 7.3% to €2.36 over the past week.
Is New 90 Day High Low • Oct 02New 90-day low: €2.44The company is down 10.0% from its price of €2.72 on 03 July 2020. The Italian market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.59 per share.
お知らせ • Sep 26Neodecortech S.p.A. to Report First Half, 2020 Results on Sep 07, 2020Neodecortech S.p.A. announced that they will report first half, 2020 results on Sep 07, 2020
