View Financial HealthItalian Exhibition Group 配当と自社株買い配当金 基準チェック /26Italian Exhibition Group配当を支払う会社であり、現在の利回りは1.33%で、収益によって十分にカバーされています。主要情報1.3%配当利回り0.0007%バイバック利回り総株主利回り1.3%将来の配当利回り1.9%配当成長1.5%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向20%最近の配当と自社株買いの更新Upcoming Dividend • May 11Upcoming dividend of €0.20 per shareEligible shareholders must have bought the stock before 18 May 2026. Payment date: 20 May 2026. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of Italian dividend payers (4.6%). Lower than average of industry peers (5.3%).Declared Dividend • Mar 25Dividend of €0.20 announcedDividend of €0.20 is the same as last year. Ex-date: 18th May 2026 Payment date: 20th May 2026 Dividend yield will be 1.7%, which is lower than the industry average of 6.7%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 20% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Mar 24Italian Exhibition Group S.p.A. announces Annual dividend, payable on May 20, 2026Italian Exhibition Group S.p.A. announced Annual dividend of EUR 0.2000 per share payable on May 20, 2026, ex-date on May 18, 2026 and record date on May 19, 2026.Upcoming Dividend • May 05Upcoming dividend of €0.20 per shareEligible shareholders must have bought the stock before 12 May 2025. Payment date: 14 May 2025. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Italian dividend payers (5.5%). Lower than average of industry peers (5.8%).Declared Dividend • Mar 31Dividend increased to €0.20Dividend of €0.20 is 43% higher than last year. Ex-date: 12th May 2025 Payment date: 14th May 2025 Dividend yield will be 2.7%, which is lower than the industry average of 6.7%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (13% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 8.7% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Mar 30Italian Exhibition Group S.p.A. announces Annual dividend, payable on May 14, 2025Italian Exhibition Group S.p.A. announced Annual dividend of EUR 0.2000 per share payable on May 14, 2025, ex-date on May 12, 2025 and record date on May 13, 2025.すべての更新を表示Recent updatesUpcoming Dividend • May 11Upcoming dividend of €0.20 per shareEligible shareholders must have bought the stock before 18 May 2026. Payment date: 20 May 2026. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of Italian dividend payers (4.6%). Lower than average of industry peers (5.3%).Declared Dividend • Mar 25Dividend of €0.20 announcedDividend of €0.20 is the same as last year. Ex-date: 18th May 2026 Payment date: 20th May 2026 Dividend yield will be 1.7%, which is lower than the industry average of 6.7%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 20% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Mar 24Italian Exhibition Group S.p.A. announces Annual dividend, payable on May 20, 2026Italian Exhibition Group S.p.A. announced Annual dividend of EUR 0.2000 per share payable on May 20, 2026, ex-date on May 18, 2026 and record date on May 19, 2026.Reported Earnings • Mar 23Full year 2025 earnings released: EPS: €1.00 (vs €1.05 in FY 2024)Full year 2025 results: EPS: €1.00 (down from €1.05 in FY 2024). Revenue: €266.4m (up 6.6% from FY 2024). Net income: €30.4m (down 4.9% from FY 2024). Profit margin: 11% (down from 13% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Media industry in Italy. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Mar 20Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 35% to €11.45. The fair value is estimated to be €9.46, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 42%. For the next 3 years, revenue is forecast to grow by 5.6% per annum. Earnings are also forecast to grow by 7.7% per annum over the same time period.New Risk • Feb 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (47% net debt to equity). Share price has been volatile over the past 3 months (5.2% average weekly change).分析記事 • Feb 10A Piece Of The Puzzle Missing From Italian Exhibition Group S.p.A.'s (BIT:IEG) 32% Share Price ClimbItalian Exhibition Group S.p.A. ( BIT:IEG ) shares have continued their recent momentum with a 32% gain in the last...Price Target Changed • Feb 06Price target increased by 13% to €12.77Up from €11.27, the current price target is an average from 3 analysts. New target price is 19% above last closing price of €10.75. Stock is up 46% over the past year. The company is forecast to post earnings per share of €0.97 for next year compared to €1.05 last year.Valuation Update With 7 Day Price Move • Feb 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €10.65, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 9x in the Media industry in Italy. Total returns to shareholders of 346% over the past three years.New Risk • Nov 21New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 46% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: €0.004 (vs €0.026 in 3Q 2024)Third quarter 2025 results: EPS: €0.004 (down from €0.026 in 3Q 2024). Revenue: €41.5m (down 13% from 3Q 2024). Net income: €120.0k (down 85% from 3Q 2024). Profit margin: 0.3% (down from 1.7% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Media industry in Italy. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Aug 10Italian Exhibition Group S.p.A. Just Recorded A 7.3% Revenue Beat: Here's What Analysts ThinkBIT:IEG 1 Year Share Price vs Fair Value Explore Italian Exhibition Group's Fair Values from the Community and select...Reported Earnings • Aug 10Second quarter 2025 earnings released: €0.15 loss per share (vs €0.11 loss in 2Q 2024)Second quarter 2025 results: €0.15 loss per share (further deteriorated from €0.11 loss in 2Q 2024). Revenue: €46.5m (up 8.2% from 2Q 2024). Net loss: €4.70m (loss widened 42% from 2Q 2024). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Media industry in Italy. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Jul 04Italian Exhibition Group (BIT:IEG) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...お知らせ • Jun 24Italian Exhibition Group S.p.A. (BIT:IEG) acquired an unknown majority stake in Movestro S.r.l.Italian Exhibition Group S.p.A. (BIT:IEG) acquired an unknown majority stake in Movestro S.r.l. on June 24, 2025. Italian Exhibition Group S.p.A. (BIT:IEG) completed the acquisition of an unknown majority stake in Movestro S.r.l. on June 24, 2025.分析記事 • May 21Improved Earnings Required Before Italian Exhibition Group S.p.A. (BIT:IEG) Stock's 27% Jump Looks JustifiedItalian Exhibition Group S.p.A. ( BIT:IEG ) shareholders have had their patience rewarded with a 27% share price jump...Valuation Update With 7 Day Price Move • May 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €9.12, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 8x in the Media industry in Italy. Total returns to shareholders of 326% over the past three years.分析記事 • May 16Italian Exhibition Group S.p.A. Just Recorded A 7.3% Revenue Beat: Here's What Analysts ThinkIt's been a good week for Italian Exhibition Group S.p.A. ( BIT:IEG ) shareholders, because the company has just...Reported Earnings • May 15First quarter 2025 earnings released: EPS: €0.68 (vs €0.75 in 1Q 2024)First quarter 2025 results: EPS: €0.68 (down from €0.75 in 1Q 2024). Revenue: €102.8m (up 16% from 1Q 2024). Net income: €20.7m (down 10% from 1Q 2024). Profit margin: 20% (down from 26% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Media industry in Italy. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • May 05Upcoming dividend of €0.20 per shareEligible shareholders must have bought the stock before 12 May 2025. Payment date: 14 May 2025. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Italian dividend payers (5.5%). Lower than average of industry peers (5.8%).Major Estimate Revision • Apr 19Consensus EPS estimates increase by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from €256.2m to €259.2m. EPS estimate increased from €0.841 to €0.93 per share. Net income forecast to shrink 10% next year vs 28% growth forecast for Media industry in Italy . Consensus price target up from €8.40 to €9.07. Share price was steady at €7.20 over the past week.Reported Earnings • Apr 08Full year 2024 earnings: Revenues exceed analyst expectationsFull year 2024 results: Revenue: €250.0m (up 18% from FY 2023). Net income: €32.0m (up 150% from FY 2023). Profit margin: 13% (up from 6.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Media industry in Italy.Price Target Changed • Mar 31Price target increased by 15% to €8.40Up from €7.33, the current price target is an average from 3 analysts. New target price is 12% above last closing price of €7.50. Stock is up 56% over the past year. The company is forecast to post earnings per share of €1.00 for next year compared to €0.42 last year.Declared Dividend • Mar 31Dividend increased to €0.20Dividend of €0.20 is 43% higher than last year. Ex-date: 12th May 2025 Payment date: 14th May 2025 Dividend yield will be 2.7%, which is lower than the industry average of 6.7%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (13% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 8.7% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Mar 30Italian Exhibition Group S.p.A. announces Annual dividend, payable on May 14, 2025Italian Exhibition Group S.p.A. announced Annual dividend of EUR 0.2000 per share payable on May 14, 2025, ex-date on May 12, 2025 and record date on May 13, 2025.Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €7.52, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Media industry in Italy. Total returns to shareholders of 192% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.39 per share.分析記事 • Jan 04Is Italian Exhibition Group (BIT:IEG) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Nov 21Italian Exhibition Group's (BIT:IEG) Solid Earnings Are Supported By Other Strong FactorsItalian Exhibition Group S.p.A. ( BIT:IEG ) just reported healthy earnings but the stock price didn't move much. We...New Risk • Nov 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 26% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: €0.026 (vs €0.005 loss in 3Q 2023)Third quarter 2024 results: EPS: €0.026 (up from €0.005 loss in 3Q 2023). Revenue: €47.6m (up 44% from 3Q 2023). Net income: €785.0k (up €951.0k from 3Q 2023). Profit margin: 1.7% (up from net loss in 3Q 2023). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Media industry in Italy. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Oct 02Now 23% overvaluedOver the last 90 days, the stock has fallen 6.6% to €6.18. The fair value is estimated to be €5.01, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 46% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.0% per annum. Earnings are also forecast to grow by 3.9% per annum over the same time period.Buy Or Sell Opportunity • Aug 21Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 20% to €6.10. The fair value is estimated to be €5.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 46% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.0% per annum. Earnings are also forecast to grow by 3.9% per annum over the same time period.Reported Earnings • Aug 11Second quarter 2024 earnings released: €0.11 loss per share (vs €0.12 loss in 2Q 2023)Second quarter 2024 results: €0.11 loss per share (improved from €0.12 loss in 2Q 2023). Revenue: €43.1m (up 9.2% from 2Q 2023). Net loss: €3.31m (loss narrowed 11% from 2Q 2023). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Media industry in Italy. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.New Risk • Aug 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.4% average weekly change). Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. Minor Risk Short dividend paying track record (less than a year of continuous dividend payments).分析記事 • Jul 02There's No Escaping Italian Exhibition Group S.p.A.'s (BIT:IEG) Muted Earnings Despite A 25% Share Price RiseDespite an already strong run, Italian Exhibition Group S.p.A. ( BIT:IEG ) shares have been powering on, with a gain of...分析記事 • Jun 21Here's Why Italian Exhibition Group (BIT:IEG) Can Manage Its Debt ResponsiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • May 21First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: €88.9m (up 16% from 1Q 2023). Net income: €23.0m (up 74% from 1Q 2023). Profit margin: 26% (up from 17% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Media industry in Italy. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Board Change • May 03Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 3 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Executive Chairman Maurizio Ermeti is the most experienced director on the board, commencing their role in 2002. Independent Director Alessandra Bianchi was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.分析記事 • Apr 15The Strong Earnings Posted By Italian Exhibition Group (BIT:IEG) Are A Good Indication Of The Strength Of The BusinessEven though Italian Exhibition Group S.p.A.'s ( BIT:IEG ) recent earnings release was robust, the market didn't seem to...Reported Earnings • Mar 22Full year 2023 earnings releasedFull year 2023 results: Revenue: €212.4m (up 33% from FY 2022). Net income: €13.3m (up €12.6m from FY 2022). Profit margin: 6.3% (up from 0.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Media industry in Italy.Valuation Update With 7 Day Price Move • Jan 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €4.10, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 8x in the Media industry in Italy. Total returns to shareholders of 86% over the past three years.Price Target Changed • Jan 29Price target increased by 27% to €5.07Up from €4.00, the current price target is an average from 3 analysts. New target price is 27% above last closing price of €3.98. Stock is up 54% over the past year. The company is forecast to post earnings per share of €0.53 for next year compared to €0.025 last year.分析記事 • Jan 27Italian Exhibition Group S.p.A. (BIT:IEG) Stock Catapults 28% Though Its Price And Business Still Lag The MarketDespite an already strong run, Italian Exhibition Group S.p.A. ( BIT:IEG ) shares have been powering on, with a gain of...分析記事 • Jan 27Italian Exhibition Group S.p.A.'s (BIT:IEG) Price Is Right But Growth Is Lacking After Shares Rocket 28%Despite an already strong run, Italian Exhibition Group S.p.A. ( BIT:IEG ) shares have been powering on, with a gain of...Price Target Changed • Nov 29Price target increased by 10% to €4.00Up from €3.63, the current price target is an average from 3 analysts. New target price is 32% above last closing price of €3.02. Stock is up 45% over the past year. The company is forecast to post earnings per share of €0.51 for next year compared to €0.025 last year.Reported Earnings • Nov 17Third quarter 2023 earnings released: EPS: €0.003 (vs €0.076 loss in 3Q 2022)Third quarter 2023 results: EPS: €0.003 (up from €0.076 loss in 3Q 2022). Revenue: €36.0m (up 7.7% from 3Q 2022). Net income: €82.0k (up €2.42m from 3Q 2022). Profit margin: 0.2% (up from net loss in 3Q 2022). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Media industry in Italy. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Nov 16Consensus EPS estimates increase by 24%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from €202.8m to €207.3m. EPS estimate increased from €0.49 to €0.61 per share. Net income forecast to grow 14% next year vs 26% growth forecast for Media industry in Italy. Consensus price target up from €3.63 to €3.73. Share price rose 7.1% to €3.00 over the past week.Price Target Changed • Sep 07Price target increased by 8.7% to €3.73Up from €3.43, the current price target is an average from 3 analysts. New target price is 34% above last closing price of €2.78. Stock is up 36% over the past year. The company is forecast to post earnings per share of €0.46 for next year compared to €0.025 last year.Major Estimate Revision • Sep 05Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from €187.2m to €197.2m. EPS estimate increased from €0.408 to €0.46 per share. Net income forecast to shrink 13% next year vs 42% growth forecast for Media industry in Italy . Consensus price target up from €3.43 to €3.63. Share price was steady at €2.86 over the past week.New Risk • Aug 31New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.2% per year for the foreseeable future. Minor Risks High level of debt (88% net debt to equity). Profit margins are more than 30% lower than last year (8.3% net profit margin). Market cap is less than US$100m (€87.2m market cap, or US$94.5m).分析記事 • Aug 30Italian Exhibition Group (BIT:IEG) Takes On Some Risk With Its Use Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Mar 20Full year 2022 earnings released: €0.025 loss per share (vs €0.053 profit in FY 2021)Full year 2022 results: €0.025 loss per share (down from €0.053 profit in FY 2021). Revenue: €161.9m (up 120% from FY 2021). Net loss: €773.0k (down 147% from profit in FY 2021). Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Media industry in Italy. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 4% per year.Major Estimate Revision • Mar 18Consensus EPS estimates increase by 23%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.332 to €0.41. Revenue forecast unchanged at €175.6m. Net income forecast to shrink 28% next year vs 38% growth forecast for Media industry in Italy . Consensus price target down from €3.40 to €3.27. Share price was steady at €2.50 over the past week.Valuation Update With 7 Day Price Move • Dec 22Investor sentiment improved over the past weekAfter last week's 16% share price gain to €2.36, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 8x in the Media industry in Italy. Total loss to shareholders of 42% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.45 per share.Reported Earnings • Nov 23Third quarter 2022 earnings released: €0.076 loss per share (vs €0.24 profit in 3Q 2021)Third quarter 2022 results: €0.076 loss per share (down from €0.24 profit in 3Q 2021). Revenue: €33.4m (up 126% from 3Q 2021). Net loss: €2.34m (down 131% from profit in 3Q 2021). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Media industry in Italy. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings.Major Estimate Revision • Nov 22Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €137.1m to €146.0m. Forecast EPS reduced from -€0.21 to -€0.31 per share. Media industry in Italy expected to see average net income growth of 85% next year. Consensus price target broadly unchanged at €3.47. Share price fell 3.8% to €2.00 over the past week.Buying Opportunity • Sep 23Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be €2.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 35% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 30% in 2 years. Earnings is forecast to decline by 46% in the next 2 years.Major Estimate Revision • Sep 09Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €134.1m to €137.1m. Forecast EPS reduced from -€0.16 to -€0.21 per share. Media industry in Italy expected to see average net income growth of 68% next year. Consensus price target of €3.57 unchanged from last update. Share price was steady at €2.04 over the past week.Major Estimate Revision • Aug 31Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 expected loss increased from -€0.11 to -€0.16 per share. Revenue forecast unchanged at €134.1m. Media industry in Italy expected to see average net income growth of 68% next year. Consensus price target down from €3.67 to €3.57. Share price was steady at €2.05 over the past week.お知らせ • Jun 23Marygold & Co. (UK) Limited acquired a 75% stake in Tiger Financial & Asset Management Limited.Marygold & Co. (UK) Limited acquired a 75% stake in Tiger Financial & Asset Management Limited on June 21, 2022. Valeria Randazzo will continue as Chief executive officer. Marygold & Co. (UK) Limited completed the acquisition of a 75% stake in Tiger Financial & Asset Management Limited on June 21, 2022.Reported Earnings • May 12First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: €0.072 (up from €0.36 loss in 1Q 2021). Revenue: €38.0m (up €35.6m from 1Q 2021). Net income: €2.21m (up €13.4m from 1Q 2021). Profit margin: 5.8% (up from net loss in 1Q 2021). Revenue exceeded analyst estimates by 27%. Earnings per share (EPS) also surpassed analyst estimates. Over the next year, revenue is forecast to grow 33%, compared to a 7.3% growth forecast for the industry in Italy.分析記事 • May 11Is Italian Exhibition Group (BIT:IEG) Using Debt In A Risky Way?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Price Target Changed • Apr 27Price target decreased to €3.77Down from €4.43, the current price target is an average from 2 analysts. New target price is 45% above last closing price of €2.59. Stock is down 27% over the past year. The company is forecast to post earnings per share of €0.15 for next year compared to €0.053 last year.分析記事 • Mar 02Is There An Opportunity With Italian Exhibition Group S.p.A.'s (BIT:IEG) 43% Undervaluation?Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Italian Exhibition...Reported Earnings • Nov 14Third quarter 2021 earnings released: EPS €0.24 (vs €0.27 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €35.5m (up €29.6m from 3Q 2020). Net income: €7.57m (up €15.8m from 3Q 2020). Profit margin: 21% (up from net loss in 3Q 2020).Price Target Changed • Nov 13Price target increased to €4.43Up from €3.67, the current price target is an average from 3 analysts. New target price is 49% above last closing price of €2.97. Stock is up 79% over the past year. The company is forecast to post a net loss per share of €0.76 next year compared to a net loss per share of €0.37 last year.Reported Earnings • Sep 08Second quarter 2021 earnings released: €0.45 loss per share (vs €0.05 loss in 2Q 2020)The company reported a decent second quarter result with improved revenues, although losses increased and control over costs was weaker. Second quarter 2021 results: Revenue: €4.63m (up 187% from 2Q 2020). Net loss: €13.8m (loss widened €12.3m from 2Q 2020).Price Target Changed • May 15Price target increased to €3.67Up from €3.33, the current price target is an average from 3 analysts. New target price is 6.3% above last closing price of €3.45. Stock is up 23% over the past year.Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improved over the past weekAfter last week's 16% share price gain to €2.78, the stock trades at a trailing P/E ratio of 14.2x. Average forward P/E is 17x in the Media industry in Italy. Total returns to shareholders of 5.7% over the past year.Major Estimate Revision • Mar 25Consensus forecasts updatedThe consensus outlook for 2020 has been updated. 2020 revenue forecast increased from €75.2m to €76.9m. Forecast EPS reduced from -€0.27 to -€0.42 per share. Media industry in Italy expected to see average net income growth of 160% next year. Consensus price target broadly unchanged at €3.33. Share price rose 13% to €2.69 over the past week.分析記事 • Mar 21Some Analysts Just Cut Their Italian Exhibition Group S.p.A. (BIT:IEG) EstimatesThe analysts covering Italian Exhibition Group S.p.A. ( BIT:IEG ) delivered a dose of negativity to shareholders today...分析記事 • Feb 22Italian Exhibition Group (BIT:IEG) Use Of Debt Could Be Considered RiskySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improved over the past weekAfter last week's 17% share price gain to €2.58, the stock is trading at a trailing P/E ratio of 13.2x, up from the previous P/E ratio of 11.3x. This compares to an average P/E of 34x in the Media industry in Italy. Total return to shareholders over the past year is a loss of 41%.Major Estimate Revision • Feb 06Analysts update estimatesThe company's losses in 2020 are expected to improve with analysts raising their consensus EPS forecasts from -€0.40 to -€0.24. No change was made to the revenue estimate which at the last update was €74.6m. The Media industry in Italy is expected to see an average net income growth of 68% next year. The consensus price target of €3.53 was unchanged from the last update. Share price is up 8.2% to €2.38 over the past week.分析記事 • Feb 01Italian Exhibition Group's (BIT:IEG) Shareholders Are Down 52% On Their SharesItalian Exhibition Group S.p.A. ( BIT:IEG ) shareholders will doubtless be very grateful to see the share price up 30...分析記事 • Jan 05Is Italian Exhibition Group (BIT:IEG) Likely To Turn Things Around?What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...分析記事 • Dec 14We Wouldn't Rely On Italian Exhibition Group's (BIT:IEG) Statutory Earnings As A GuideMany investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...Is New 90 Day High Low • Dec 07New 90-day high: €2.76The company is up 4.0% from its price of €2.66 on 08 September 2020. The Italian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.09 per share.Valuation Update With 7 Day Price Move • Dec 01Market bids up stock over the past weekAfter last week's 17% share price gain to €2.59, the stock is trading at a trailing P/E ratio of 13.2x, up from the previous P/E ratio of 11.3x. This compares to an average P/E of 31x in the Media industry in Italy. Total return to shareholders over the past year is a loss of 36%.Price Target Changed • Nov 27Price target lowered to €3.63Down from €4.03, the current price target is an average from 3 analysts. The new target price is 53% above the current share price of €2.38. As of last close, the stock is down 42% over the past year.分析記事 • Nov 23Italian Exhibition Group (BIT:IEG) Has No Shortage Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Valuation Update With 7 Day Price Move • Nov 19Market bids up stock over the past weekAfter last week's 21% share price gain to €2.05, the stock is trading at a trailing P/E ratio of 10.5x, up from the previous P/E ratio of 8.7x. This compares to an average P/E of 24x in the Media industry in Italy. Total return to shareholders over the past year is a loss of 50%.Reported Earnings • Nov 15Third quarter 2020 earnings released: €0.27 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: €5.97m (down 78% from 3Q 2019). Net loss: €8.22m (loss widened €6.94m from 3Q 2019).Valuation Update With 7 Day Price Move • Nov 02Market pulls back on stock over the past weekAfter last week's 15% share price decline to €1.69, the stock is trading at a trailing P/E ratio of 4x, down from the previous P/E ratio of 4.7x. This compares to an average P/E of 25x in the Media industry in Italy. Total return to shareholders over the past year is a loss of 57%.Is New 90 Day High Low • Oct 29New 90-day low: €1.89The company is down 27% from its price of €2.59 on 30 July 2020. The Italian market is down 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.33 per share.お知らせ • Oct 16Italian Exhibition Group S.p.A. (BIT:IEG) signed a non-binding agreement to acquire BolognaFiere S.p.A.Italian Exhibition Group S.p.A. (BIT:IEG) signed a non-binding agreement to acquire BolognaFiere S.p.A. on October 15, 2020. The exchange ratio for the transaction is 1:1. The execution of the transaction is subject, among other things, to the positive outcome of the due diligence activities that will be carried out as well as to the execution of any corporate transactions that may be necessary to achieve the aforesaid exchange ratio.Is New 90 Day High Low • Oct 08New 90-day low: €2.40The company is down 15% from its price of €2.81 on 10 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 Media industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.07 per share.Is New 90 Day High Low • Sep 22New 90-day low: €2.49The company is down 13% from its price of €2.85 on 24 June 2020. The Italian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.08 per share.お知らせ • Aug 11Italian Exhibition Group S.p.A. (BIT:IEG) entered into a binding agreement to acquire HBG EVENTS FZ LLC approximately €0.9 million.Italian Exhibition Group S.p.A. (BIT:IEG) entered into a binding agreement to acquire HBG EVENTS FZ LLC for approximately €0.9 million on August 10, 2020. The purchase price is set at guaranteed minimum approximately €0.9 million, to be paid at the time of sale, plus an earn-out connected to the results of the next two editions of the "Dubai Muscle Show" and "Dubai Active" events, to be paid within 80 days from the end of each edition. The acquisition is financed using Italian Exhibition's liquidity. HBG EVENTS FZ LLC recorded revenue of €01.5 million in 2019. The transaction is expected to close in September 2020. Baker McKenzie acted as legal advisor for Italian Exhibition.決済の安定と成長配当データの取得安定した配当: 配当金の支払いは安定していますが、 IEGが配当金を支払っている期間は 10 年未満です。増加する配当: IEGの配当金は増加していますが、同社は2年間しか配当金を支払っていません。配当利回り対市場Italian Exhibition Group 配当利回り対市場IEG 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (IEG)1.3%市場下位25% (IT)1.6%市場トップ25% (IT)4.7%業界平均 (Media)5.2%アナリスト予想 (IEG) (最長3年)1.9%注目すべき配当: IEGの配当金 ( 1.33% ) はItalian市場の配当金支払者の下位 25% ( 1.64% ) と比べると目立ったものではありません。高配当: IEGの配当金 ( 1.33% ) はItalian市場の配当金支払者の上位 25% ( 4.69% ) と比較すると低いです。株主への利益配当収益カバレッジ: IEGは低い 配当性向 ( 19.9% ) であるため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: IEGの 現金配当性向 ( 45.6% ) は比較的低く、配当金の支払いはキャッシュフローによって十分にカバーされています。高配当企業の発掘7D1Y7D1Y7D1YIT 市場の強力な配当支払い企業。View Management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2026/07/20 21:48終値2026/07/20 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この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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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Italian Exhibition Group 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。4 アナリスト機関Domenico GhilottiEquita SIM S.p.A.Emanuele GallazziEquita SIM S.p.A.Federico PezzettiIntermonte SIM S.p.A.1 その他のアナリストを表示
Upcoming Dividend • May 11Upcoming dividend of €0.20 per shareEligible shareholders must have bought the stock before 18 May 2026. Payment date: 20 May 2026. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of Italian dividend payers (4.6%). Lower than average of industry peers (5.3%).
Declared Dividend • Mar 25Dividend of €0.20 announcedDividend of €0.20 is the same as last year. Ex-date: 18th May 2026 Payment date: 20th May 2026 Dividend yield will be 1.7%, which is lower than the industry average of 6.7%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 20% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 24Italian Exhibition Group S.p.A. announces Annual dividend, payable on May 20, 2026Italian Exhibition Group S.p.A. announced Annual dividend of EUR 0.2000 per share payable on May 20, 2026, ex-date on May 18, 2026 and record date on May 19, 2026.
Upcoming Dividend • May 05Upcoming dividend of €0.20 per shareEligible shareholders must have bought the stock before 12 May 2025. Payment date: 14 May 2025. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Italian dividend payers (5.5%). Lower than average of industry peers (5.8%).
Declared Dividend • Mar 31Dividend increased to €0.20Dividend of €0.20 is 43% higher than last year. Ex-date: 12th May 2025 Payment date: 14th May 2025 Dividend yield will be 2.7%, which is lower than the industry average of 6.7%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (13% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 8.7% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 30Italian Exhibition Group S.p.A. announces Annual dividend, payable on May 14, 2025Italian Exhibition Group S.p.A. announced Annual dividend of EUR 0.2000 per share payable on May 14, 2025, ex-date on May 12, 2025 and record date on May 13, 2025.
Upcoming Dividend • May 11Upcoming dividend of €0.20 per shareEligible shareholders must have bought the stock before 18 May 2026. Payment date: 20 May 2026. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of Italian dividend payers (4.6%). Lower than average of industry peers (5.3%).
Declared Dividend • Mar 25Dividend of €0.20 announcedDividend of €0.20 is the same as last year. Ex-date: 18th May 2026 Payment date: 20th May 2026 Dividend yield will be 1.7%, which is lower than the industry average of 6.7%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 20% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 24Italian Exhibition Group S.p.A. announces Annual dividend, payable on May 20, 2026Italian Exhibition Group S.p.A. announced Annual dividend of EUR 0.2000 per share payable on May 20, 2026, ex-date on May 18, 2026 and record date on May 19, 2026.
Reported Earnings • Mar 23Full year 2025 earnings released: EPS: €1.00 (vs €1.05 in FY 2024)Full year 2025 results: EPS: €1.00 (down from €1.05 in FY 2024). Revenue: €266.4m (up 6.6% from FY 2024). Net income: €30.4m (down 4.9% from FY 2024). Profit margin: 11% (down from 13% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Media industry in Italy. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Mar 20Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 35% to €11.45. The fair value is estimated to be €9.46, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 42%. For the next 3 years, revenue is forecast to grow by 5.6% per annum. Earnings are also forecast to grow by 7.7% per annum over the same time period.
New Risk • Feb 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (47% net debt to equity). Share price has been volatile over the past 3 months (5.2% average weekly change).
分析記事 • Feb 10A Piece Of The Puzzle Missing From Italian Exhibition Group S.p.A.'s (BIT:IEG) 32% Share Price ClimbItalian Exhibition Group S.p.A. ( BIT:IEG ) shares have continued their recent momentum with a 32% gain in the last...
Price Target Changed • Feb 06Price target increased by 13% to €12.77Up from €11.27, the current price target is an average from 3 analysts. New target price is 19% above last closing price of €10.75. Stock is up 46% over the past year. The company is forecast to post earnings per share of €0.97 for next year compared to €1.05 last year.
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €10.65, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 9x in the Media industry in Italy. Total returns to shareholders of 346% over the past three years.
New Risk • Nov 21New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 46% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: €0.004 (vs €0.026 in 3Q 2024)Third quarter 2025 results: EPS: €0.004 (down from €0.026 in 3Q 2024). Revenue: €41.5m (down 13% from 3Q 2024). Net income: €120.0k (down 85% from 3Q 2024). Profit margin: 0.3% (down from 1.7% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Media industry in Italy. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Aug 10Italian Exhibition Group S.p.A. Just Recorded A 7.3% Revenue Beat: Here's What Analysts ThinkBIT:IEG 1 Year Share Price vs Fair Value Explore Italian Exhibition Group's Fair Values from the Community and select...
Reported Earnings • Aug 10Second quarter 2025 earnings released: €0.15 loss per share (vs €0.11 loss in 2Q 2024)Second quarter 2025 results: €0.15 loss per share (further deteriorated from €0.11 loss in 2Q 2024). Revenue: €46.5m (up 8.2% from 2Q 2024). Net loss: €4.70m (loss widened 42% from 2Q 2024). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Media industry in Italy. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Jul 04Italian Exhibition Group (BIT:IEG) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
お知らせ • Jun 24Italian Exhibition Group S.p.A. (BIT:IEG) acquired an unknown majority stake in Movestro S.r.l.Italian Exhibition Group S.p.A. (BIT:IEG) acquired an unknown majority stake in Movestro S.r.l. on June 24, 2025. Italian Exhibition Group S.p.A. (BIT:IEG) completed the acquisition of an unknown majority stake in Movestro S.r.l. on June 24, 2025.
分析記事 • May 21Improved Earnings Required Before Italian Exhibition Group S.p.A. (BIT:IEG) Stock's 27% Jump Looks JustifiedItalian Exhibition Group S.p.A. ( BIT:IEG ) shareholders have had their patience rewarded with a 27% share price jump...
Valuation Update With 7 Day Price Move • May 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €9.12, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 8x in the Media industry in Italy. Total returns to shareholders of 326% over the past three years.
分析記事 • May 16Italian Exhibition Group S.p.A. Just Recorded A 7.3% Revenue Beat: Here's What Analysts ThinkIt's been a good week for Italian Exhibition Group S.p.A. ( BIT:IEG ) shareholders, because the company has just...
Reported Earnings • May 15First quarter 2025 earnings released: EPS: €0.68 (vs €0.75 in 1Q 2024)First quarter 2025 results: EPS: €0.68 (down from €0.75 in 1Q 2024). Revenue: €102.8m (up 16% from 1Q 2024). Net income: €20.7m (down 10% from 1Q 2024). Profit margin: 20% (down from 26% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Media industry in Italy. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • May 05Upcoming dividend of €0.20 per shareEligible shareholders must have bought the stock before 12 May 2025. Payment date: 14 May 2025. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Italian dividend payers (5.5%). Lower than average of industry peers (5.8%).
Major Estimate Revision • Apr 19Consensus EPS estimates increase by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from €256.2m to €259.2m. EPS estimate increased from €0.841 to €0.93 per share. Net income forecast to shrink 10% next year vs 28% growth forecast for Media industry in Italy . Consensus price target up from €8.40 to €9.07. Share price was steady at €7.20 over the past week.
Reported Earnings • Apr 08Full year 2024 earnings: Revenues exceed analyst expectationsFull year 2024 results: Revenue: €250.0m (up 18% from FY 2023). Net income: €32.0m (up 150% from FY 2023). Profit margin: 13% (up from 6.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.6%. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Media industry in Italy.
Price Target Changed • Mar 31Price target increased by 15% to €8.40Up from €7.33, the current price target is an average from 3 analysts. New target price is 12% above last closing price of €7.50. Stock is up 56% over the past year. The company is forecast to post earnings per share of €1.00 for next year compared to €0.42 last year.
Declared Dividend • Mar 31Dividend increased to €0.20Dividend of €0.20 is 43% higher than last year. Ex-date: 12th May 2025 Payment date: 14th May 2025 Dividend yield will be 2.7%, which is lower than the industry average of 6.7%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (13% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 8.7% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 30Italian Exhibition Group S.p.A. announces Annual dividend, payable on May 14, 2025Italian Exhibition Group S.p.A. announced Annual dividend of EUR 0.2000 per share payable on May 14, 2025, ex-date on May 12, 2025 and record date on May 13, 2025.
Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €7.52, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Media industry in Italy. Total returns to shareholders of 192% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.39 per share.
分析記事 • Jan 04Is Italian Exhibition Group (BIT:IEG) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Nov 21Italian Exhibition Group's (BIT:IEG) Solid Earnings Are Supported By Other Strong FactorsItalian Exhibition Group S.p.A. ( BIT:IEG ) just reported healthy earnings but the stock price didn't move much. We...
New Risk • Nov 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 26% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: €0.026 (vs €0.005 loss in 3Q 2023)Third quarter 2024 results: EPS: €0.026 (up from €0.005 loss in 3Q 2023). Revenue: €47.6m (up 44% from 3Q 2023). Net income: €785.0k (up €951.0k from 3Q 2023). Profit margin: 1.7% (up from net loss in 3Q 2023). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Media industry in Italy. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Oct 02Now 23% overvaluedOver the last 90 days, the stock has fallen 6.6% to €6.18. The fair value is estimated to be €5.01, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 46% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.0% per annum. Earnings are also forecast to grow by 3.9% per annum over the same time period.
Buy Or Sell Opportunity • Aug 21Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 20% to €6.10. The fair value is estimated to be €5.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 46% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.0% per annum. Earnings are also forecast to grow by 3.9% per annum over the same time period.
Reported Earnings • Aug 11Second quarter 2024 earnings released: €0.11 loss per share (vs €0.12 loss in 2Q 2023)Second quarter 2024 results: €0.11 loss per share (improved from €0.12 loss in 2Q 2023). Revenue: €43.1m (up 9.2% from 2Q 2023). Net loss: €3.31m (loss narrowed 11% from 2Q 2023). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Media industry in Italy. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
New Risk • Aug 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.4% average weekly change). Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. Minor Risk Short dividend paying track record (less than a year of continuous dividend payments).
分析記事 • Jul 02There's No Escaping Italian Exhibition Group S.p.A.'s (BIT:IEG) Muted Earnings Despite A 25% Share Price RiseDespite an already strong run, Italian Exhibition Group S.p.A. ( BIT:IEG ) shares have been powering on, with a gain of...
分析記事 • Jun 21Here's Why Italian Exhibition Group (BIT:IEG) Can Manage Its Debt ResponsiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • May 21First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: €88.9m (up 16% from 1Q 2023). Net income: €23.0m (up 74% from 1Q 2023). Profit margin: 26% (up from 17% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Media industry in Italy. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Board Change • May 03Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 3 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Executive Chairman Maurizio Ermeti is the most experienced director on the board, commencing their role in 2002. Independent Director Alessandra Bianchi was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
分析記事 • Apr 15The Strong Earnings Posted By Italian Exhibition Group (BIT:IEG) Are A Good Indication Of The Strength Of The BusinessEven though Italian Exhibition Group S.p.A.'s ( BIT:IEG ) recent earnings release was robust, the market didn't seem to...
Reported Earnings • Mar 22Full year 2023 earnings releasedFull year 2023 results: Revenue: €212.4m (up 33% from FY 2022). Net income: €13.3m (up €12.6m from FY 2022). Profit margin: 6.3% (up from 0.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Media industry in Italy.
Valuation Update With 7 Day Price Move • Jan 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €4.10, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 8x in the Media industry in Italy. Total returns to shareholders of 86% over the past three years.
Price Target Changed • Jan 29Price target increased by 27% to €5.07Up from €4.00, the current price target is an average from 3 analysts. New target price is 27% above last closing price of €3.98. Stock is up 54% over the past year. The company is forecast to post earnings per share of €0.53 for next year compared to €0.025 last year.
分析記事 • Jan 27Italian Exhibition Group S.p.A. (BIT:IEG) Stock Catapults 28% Though Its Price And Business Still Lag The MarketDespite an already strong run, Italian Exhibition Group S.p.A. ( BIT:IEG ) shares have been powering on, with a gain of...
分析記事 • Jan 27Italian Exhibition Group S.p.A.'s (BIT:IEG) Price Is Right But Growth Is Lacking After Shares Rocket 28%Despite an already strong run, Italian Exhibition Group S.p.A. ( BIT:IEG ) shares have been powering on, with a gain of...
Price Target Changed • Nov 29Price target increased by 10% to €4.00Up from €3.63, the current price target is an average from 3 analysts. New target price is 32% above last closing price of €3.02. Stock is up 45% over the past year. The company is forecast to post earnings per share of €0.51 for next year compared to €0.025 last year.
Reported Earnings • Nov 17Third quarter 2023 earnings released: EPS: €0.003 (vs €0.076 loss in 3Q 2022)Third quarter 2023 results: EPS: €0.003 (up from €0.076 loss in 3Q 2022). Revenue: €36.0m (up 7.7% from 3Q 2022). Net income: €82.0k (up €2.42m from 3Q 2022). Profit margin: 0.2% (up from net loss in 3Q 2022). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Media industry in Italy. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Nov 16Consensus EPS estimates increase by 24%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from €202.8m to €207.3m. EPS estimate increased from €0.49 to €0.61 per share. Net income forecast to grow 14% next year vs 26% growth forecast for Media industry in Italy. Consensus price target up from €3.63 to €3.73. Share price rose 7.1% to €3.00 over the past week.
Price Target Changed • Sep 07Price target increased by 8.7% to €3.73Up from €3.43, the current price target is an average from 3 analysts. New target price is 34% above last closing price of €2.78. Stock is up 36% over the past year. The company is forecast to post earnings per share of €0.46 for next year compared to €0.025 last year.
Major Estimate Revision • Sep 05Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from €187.2m to €197.2m. EPS estimate increased from €0.408 to €0.46 per share. Net income forecast to shrink 13% next year vs 42% growth forecast for Media industry in Italy . Consensus price target up from €3.43 to €3.63. Share price was steady at €2.86 over the past week.
New Risk • Aug 31New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.2% per year for the foreseeable future. Minor Risks High level of debt (88% net debt to equity). Profit margins are more than 30% lower than last year (8.3% net profit margin). Market cap is less than US$100m (€87.2m market cap, or US$94.5m).
分析記事 • Aug 30Italian Exhibition Group (BIT:IEG) Takes On Some Risk With Its Use Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Mar 20Full year 2022 earnings released: €0.025 loss per share (vs €0.053 profit in FY 2021)Full year 2022 results: €0.025 loss per share (down from €0.053 profit in FY 2021). Revenue: €161.9m (up 120% from FY 2021). Net loss: €773.0k (down 147% from profit in FY 2021). Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Media industry in Italy. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 4% per year.
Major Estimate Revision • Mar 18Consensus EPS estimates increase by 23%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.332 to €0.41. Revenue forecast unchanged at €175.6m. Net income forecast to shrink 28% next year vs 38% growth forecast for Media industry in Italy . Consensus price target down from €3.40 to €3.27. Share price was steady at €2.50 over the past week.
Valuation Update With 7 Day Price Move • Dec 22Investor sentiment improved over the past weekAfter last week's 16% share price gain to €2.36, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 8x in the Media industry in Italy. Total loss to shareholders of 42% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.45 per share.
Reported Earnings • Nov 23Third quarter 2022 earnings released: €0.076 loss per share (vs €0.24 profit in 3Q 2021)Third quarter 2022 results: €0.076 loss per share (down from €0.24 profit in 3Q 2021). Revenue: €33.4m (up 126% from 3Q 2021). Net loss: €2.34m (down 131% from profit in 3Q 2021). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Media industry in Italy. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings.
Major Estimate Revision • Nov 22Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €137.1m to €146.0m. Forecast EPS reduced from -€0.21 to -€0.31 per share. Media industry in Italy expected to see average net income growth of 85% next year. Consensus price target broadly unchanged at €3.47. Share price fell 3.8% to €2.00 over the past week.
Buying Opportunity • Sep 23Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be €2.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 35% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 30% in 2 years. Earnings is forecast to decline by 46% in the next 2 years.
Major Estimate Revision • Sep 09Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from €134.1m to €137.1m. Forecast EPS reduced from -€0.16 to -€0.21 per share. Media industry in Italy expected to see average net income growth of 68% next year. Consensus price target of €3.57 unchanged from last update. Share price was steady at €2.04 over the past week.
Major Estimate Revision • Aug 31Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 expected loss increased from -€0.11 to -€0.16 per share. Revenue forecast unchanged at €134.1m. Media industry in Italy expected to see average net income growth of 68% next year. Consensus price target down from €3.67 to €3.57. Share price was steady at €2.05 over the past week.
お知らせ • Jun 23Marygold & Co. (UK) Limited acquired a 75% stake in Tiger Financial & Asset Management Limited.Marygold & Co. (UK) Limited acquired a 75% stake in Tiger Financial & Asset Management Limited on June 21, 2022. Valeria Randazzo will continue as Chief executive officer. Marygold & Co. (UK) Limited completed the acquisition of a 75% stake in Tiger Financial & Asset Management Limited on June 21, 2022.
Reported Earnings • May 12First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: €0.072 (up from €0.36 loss in 1Q 2021). Revenue: €38.0m (up €35.6m from 1Q 2021). Net income: €2.21m (up €13.4m from 1Q 2021). Profit margin: 5.8% (up from net loss in 1Q 2021). Revenue exceeded analyst estimates by 27%. Earnings per share (EPS) also surpassed analyst estimates. Over the next year, revenue is forecast to grow 33%, compared to a 7.3% growth forecast for the industry in Italy.
分析記事 • May 11Is Italian Exhibition Group (BIT:IEG) Using Debt In A Risky Way?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Price Target Changed • Apr 27Price target decreased to €3.77Down from €4.43, the current price target is an average from 2 analysts. New target price is 45% above last closing price of €2.59. Stock is down 27% over the past year. The company is forecast to post earnings per share of €0.15 for next year compared to €0.053 last year.
分析記事 • Mar 02Is There An Opportunity With Italian Exhibition Group S.p.A.'s (BIT:IEG) 43% Undervaluation?Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Italian Exhibition...
Reported Earnings • Nov 14Third quarter 2021 earnings released: EPS €0.24 (vs €0.27 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €35.5m (up €29.6m from 3Q 2020). Net income: €7.57m (up €15.8m from 3Q 2020). Profit margin: 21% (up from net loss in 3Q 2020).
Price Target Changed • Nov 13Price target increased to €4.43Up from €3.67, the current price target is an average from 3 analysts. New target price is 49% above last closing price of €2.97. Stock is up 79% over the past year. The company is forecast to post a net loss per share of €0.76 next year compared to a net loss per share of €0.37 last year.
Reported Earnings • Sep 08Second quarter 2021 earnings released: €0.45 loss per share (vs €0.05 loss in 2Q 2020)The company reported a decent second quarter result with improved revenues, although losses increased and control over costs was weaker. Second quarter 2021 results: Revenue: €4.63m (up 187% from 2Q 2020). Net loss: €13.8m (loss widened €12.3m from 2Q 2020).
Price Target Changed • May 15Price target increased to €3.67Up from €3.33, the current price target is an average from 3 analysts. New target price is 6.3% above last closing price of €3.45. Stock is up 23% over the past year.
Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improved over the past weekAfter last week's 16% share price gain to €2.78, the stock trades at a trailing P/E ratio of 14.2x. Average forward P/E is 17x in the Media industry in Italy. Total returns to shareholders of 5.7% over the past year.
Major Estimate Revision • Mar 25Consensus forecasts updatedThe consensus outlook for 2020 has been updated. 2020 revenue forecast increased from €75.2m to €76.9m. Forecast EPS reduced from -€0.27 to -€0.42 per share. Media industry in Italy expected to see average net income growth of 160% next year. Consensus price target broadly unchanged at €3.33. Share price rose 13% to €2.69 over the past week.
分析記事 • Mar 21Some Analysts Just Cut Their Italian Exhibition Group S.p.A. (BIT:IEG) EstimatesThe analysts covering Italian Exhibition Group S.p.A. ( BIT:IEG ) delivered a dose of negativity to shareholders today...
分析記事 • Feb 22Italian Exhibition Group (BIT:IEG) Use Of Debt Could Be Considered RiskySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improved over the past weekAfter last week's 17% share price gain to €2.58, the stock is trading at a trailing P/E ratio of 13.2x, up from the previous P/E ratio of 11.3x. This compares to an average P/E of 34x in the Media industry in Italy. Total return to shareholders over the past year is a loss of 41%.
Major Estimate Revision • Feb 06Analysts update estimatesThe company's losses in 2020 are expected to improve with analysts raising their consensus EPS forecasts from -€0.40 to -€0.24. No change was made to the revenue estimate which at the last update was €74.6m. The Media industry in Italy is expected to see an average net income growth of 68% next year. The consensus price target of €3.53 was unchanged from the last update. Share price is up 8.2% to €2.38 over the past week.
分析記事 • Feb 01Italian Exhibition Group's (BIT:IEG) Shareholders Are Down 52% On Their SharesItalian Exhibition Group S.p.A. ( BIT:IEG ) shareholders will doubtless be very grateful to see the share price up 30...
分析記事 • Jan 05Is Italian Exhibition Group (BIT:IEG) Likely To Turn Things Around?What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
分析記事 • Dec 14We Wouldn't Rely On Italian Exhibition Group's (BIT:IEG) Statutory Earnings As A GuideMany investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
Is New 90 Day High Low • Dec 07New 90-day high: €2.76The company is up 4.0% from its price of €2.66 on 08 September 2020. The Italian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.09 per share.
Valuation Update With 7 Day Price Move • Dec 01Market bids up stock over the past weekAfter last week's 17% share price gain to €2.59, the stock is trading at a trailing P/E ratio of 13.2x, up from the previous P/E ratio of 11.3x. This compares to an average P/E of 31x in the Media industry in Italy. Total return to shareholders over the past year is a loss of 36%.
Price Target Changed • Nov 27Price target lowered to €3.63Down from €4.03, the current price target is an average from 3 analysts. The new target price is 53% above the current share price of €2.38. As of last close, the stock is down 42% over the past year.
分析記事 • Nov 23Italian Exhibition Group (BIT:IEG) Has No Shortage Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Valuation Update With 7 Day Price Move • Nov 19Market bids up stock over the past weekAfter last week's 21% share price gain to €2.05, the stock is trading at a trailing P/E ratio of 10.5x, up from the previous P/E ratio of 8.7x. This compares to an average P/E of 24x in the Media industry in Italy. Total return to shareholders over the past year is a loss of 50%.
Reported Earnings • Nov 15Third quarter 2020 earnings released: €0.27 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: €5.97m (down 78% from 3Q 2019). Net loss: €8.22m (loss widened €6.94m from 3Q 2019).
Valuation Update With 7 Day Price Move • Nov 02Market pulls back on stock over the past weekAfter last week's 15% share price decline to €1.69, the stock is trading at a trailing P/E ratio of 4x, down from the previous P/E ratio of 4.7x. This compares to an average P/E of 25x in the Media industry in Italy. Total return to shareholders over the past year is a loss of 57%.
Is New 90 Day High Low • Oct 29New 90-day low: €1.89The company is down 27% from its price of €2.59 on 30 July 2020. The Italian market is down 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.33 per share.
お知らせ • Oct 16Italian Exhibition Group S.p.A. (BIT:IEG) signed a non-binding agreement to acquire BolognaFiere S.p.A.Italian Exhibition Group S.p.A. (BIT:IEG) signed a non-binding agreement to acquire BolognaFiere S.p.A. on October 15, 2020. The exchange ratio for the transaction is 1:1. The execution of the transaction is subject, among other things, to the positive outcome of the due diligence activities that will be carried out as well as to the execution of any corporate transactions that may be necessary to achieve the aforesaid exchange ratio.
Is New 90 Day High Low • Oct 08New 90-day low: €2.40The company is down 15% from its price of €2.81 on 10 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 Media industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.07 per share.
Is New 90 Day High Low • Sep 22New 90-day low: €2.49The company is down 13% from its price of €2.85 on 24 June 2020. The Italian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.08 per share.
お知らせ • Aug 11Italian Exhibition Group S.p.A. (BIT:IEG) entered into a binding agreement to acquire HBG EVENTS FZ LLC approximately €0.9 million.Italian Exhibition Group S.p.A. (BIT:IEG) entered into a binding agreement to acquire HBG EVENTS FZ LLC for approximately €0.9 million on August 10, 2020. The purchase price is set at guaranteed minimum approximately €0.9 million, to be paid at the time of sale, plus an earn-out connected to the results of the next two editions of the "Dubai Muscle Show" and "Dubai Active" events, to be paid within 80 days from the end of each edition. The acquisition is financed using Italian Exhibition's liquidity. HBG EVENTS FZ LLC recorded revenue of €01.5 million in 2019. The transaction is expected to close in September 2020. Baker McKenzie acted as legal advisor for Italian Exhibition.