View Past PerformanceThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsPITECO バランスシートの健全性財務の健全性 基準チェック /26主要情報125.89%負債資本比率€64.02m負債インタレスト・カバレッジ・レシオ7x現金€7.88mエクイティ€50.85m負債合計€92.88m総資産€143.73m財務の健全性に関する最新情報お知らせ • Aug 12Piteco Announces Delisting of the Shares from 23 AugustPITECO S.p.A. (BIT:PITE) shares are preparing to leave Piazza Affari. “Borsa Italiana will order the revocation of the Piteco shares from listing in Euronext Milan with effect from 23 August 2022, subject to suspension of the share in the sessions of 19 and 22 August 2022”, reads a note from Limbo Srl which promoted a takeover bid on group led by Marco Podini. The bidder will hold a total of 19,935,078 Piteco shares, representing approximately 98.77% of the company’s share capital.お知らせ • Jun 20Limbo Srl Announces a Voluntary Takeover Bid Aimed At Delisting PitecoLimbo Srl, vehicle company of Dedagroup SpA, has announced a voluntary takeover bid aimed at delisting Piteco SpA. As part of the transaction, Limbo, Dedagroup and the other parties acting in concert with the bidder are assisted by Studio Legale Associato Shearman & Sterling with a team led by partner Emanuele Trucco and made up of associates Marco Barbi, Greta Dell'Anna and Michele Spinelli for the corporate and capital markets profiles, and by the partner Giulio Tognazzi and by the associate Alessandro Ciarmiello for the finance profiles. The fiscal aspects were instead followed by Studio Scozzi Dottori Commercialisti, with a team made up of the naming partner Maurizio Scozzi and senior manager Daniel Frizzera.分析記事 • Apr 07PITECO (BIT:PITE) Has A Somewhat Strained Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...すべての更新を表示Recent updatesお知らせ • Aug 12Piteco Announces Delisting of the Shares from 23 AugustPITECO S.p.A. (BIT:PITE) shares are preparing to leave Piazza Affari. “Borsa Italiana will order the revocation of the Piteco shares from listing in Euronext Milan with effect from 23 August 2022, subject to suspension of the share in the sessions of 19 and 22 August 2022”, reads a note from Limbo Srl which promoted a takeover bid on group led by Marco Podini. The bidder will hold a total of 19,935,078 Piteco shares, representing approximately 98.77% of the company’s share capital.お知らせ • Jun 22Limbo Srl acquired a 0.788624% stake in PITECO S.p.A. (BIT:PITE) for €1.7 million.Limbo Srl acquired 0.788624% stake in PITECO S.p.A. (BIT:PITE) for €1.7 million on June 20, 2022. Limbo Srl completed the acquisition of a 0.788624% stake in PITECO S.p.A. (BIT:PITE) on June 20, 2022.お知らせ • Jun 20Limbo Srl Announces a Voluntary Takeover Bid Aimed At Delisting PitecoLimbo Srl, vehicle company of Dedagroup SpA, has announced a voluntary takeover bid aimed at delisting Piteco SpA. As part of the transaction, Limbo, Dedagroup and the other parties acting in concert with the bidder are assisted by Studio Legale Associato Shearman & Sterling with a team led by partner Emanuele Trucco and made up of associates Marco Barbi, Greta Dell'Anna and Michele Spinelli for the corporate and capital markets profiles, and by the partner Giulio Tognazzi and by the associate Alessandro Ciarmiello for the finance profiles. The fiscal aspects were instead followed by Studio Scozzi Dottori Commercialisti, with a team made up of the naming partner Maurizio Scozzi and senior manager Daniel Frizzera.Valuation Update With 7 Day Price Move • Jun 16Investor sentiment improved over the past weekAfter last week's 20% share price gain to €11.05, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 18x in the Software industry in Italy. Total returns to shareholders of 123% over the past three years.Recent Insider Transactions • May 15Director recently bought €3.4m worth of stockOn the 12th of May, Maria Podini bought around 259k shares on-market at roughly €12.98 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €14m more in shares than they have sold in the last 12 months.Recent Insider Transactions • Apr 28Director recently bought €3.4m worth of stockOn the 22nd of April, Maria Podini bought around 259k shares on-market at roughly €12.95 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €7.7m more in shares than they have sold in the last 12 months.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. 10 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Mauro Rossi was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Recent Insider Transactions • Apr 10Insider recently sold €64k worth of stockOn the 6th of April, Zanella Francesca sold around 7k shares on-market at roughly €9.02 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €994k more than they sold in the last 12 months.Reported Earnings • Mar 28Full year 2021 earnings: Revenues exceed analyst expectationsFull year 2021 results: Revenue: €38.8m (up 57% from FY 2020). Net income: €11.9m (up 67% from FY 2020). Profit margin: 31% (up from 29% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.6%. Over the next year, revenue is forecast to grow 3.5%, compared to a 31% growth forecast for the industry in Italy.Recent Insider Transactions • Jan 26Director recently bought €72k worth of stockOn the 21st of January, Maria Podini bought around 7k shares on-market at roughly €10.33 per share. In the last 3 months, there was an even bigger purchase from another insider worth €1.8m. Insiders have collectively bought €1.2m more in shares than they have sold in the last 12 months.Recent Insider Transactions • Dec 31Insider recently sold €1.8m worth of stockOn the 28th of December, Zanella Francesca sold around 166k shares on-market at roughly €11.05 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €473k more than they bought in the last 12 months.Recent Insider Transactions • Nov 28Chairman of the Board of Directors recently bought €50k worth of stockOn the 23rd of November, Marco Podini bought around 4k shares on-market at roughly €11.16 per share. In the last 3 months, there was an even bigger purchase from another insider worth €52k. Despite this recent buy, Marco has been a net seller over the last 12 months, reducing personal holdings by €392k.Recent Insider Transactions • Oct 06Insider recently bought €52k worth of stockOn the 1st of October, Zanella Francesca bought around 5k shares on-market at roughly €11.48 per share. In the last 3 months, they made an even bigger purchase worth €83k. Despite this recent purchase, insiders have collectively sold €995k more in shares than they bought in the last 12 months.Reported Earnings • Oct 03First half 2021 earnings releasedThe company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €17.9m (up 55% from 1H 2020). Net income: €10.2m (up 342% from 1H 2020). Profit margin: 57% (up from 20% in 1H 2020). The increase in margin was primarily driven by higher revenue.Valuation Update With 7 Day Price Move • Aug 31Investor sentiment improved over the past weekAfter last week's 18% share price gain to €12.00, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 31x in the Software industry in Italy. Total returns to shareholders of 179% over the past three years.Recent Insider Transactions • Aug 26Insider recently bought €83k worth of stockOn the 20th of August, Zanella Francesca bought around 9k shares on-market at roughly €9.73 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €1.2m more in shares than they bought in the last 12 months.分析記事 • Jun 14PITECO S.p.A.'s (BIT:PITE) Intrinsic Value Is Potentially 48% Above Its Share PriceToday we will run through one way of estimating the intrinsic value of PITECO S.p.A. ( BIT:PITE ) by taking the...分析記事 • Jun 01Here's Why I Think PITECO (BIT:PITE) Is An Interesting StockSome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...Upcoming Dividend • May 04Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 10 May 2021. Payment date: 12 May 2021. Trailing yield: 1.4%. Lower than top quartile of Italian dividend payers (3.9%). In line with average of industry peers (1.3%).分析記事 • Apr 07PITECO (BIT:PITE) Has A Somewhat Strained Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Mar 27Full year 2020 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €24.9m (up 5.2% from FY 2019). Net income: €7.10m (up 135% from FY 2019). Profit margin: 28% (up from 13% in FY 2019). The increase in margin was primarily driven by lower expenses.分析記事 • Mar 10Is PITECO S.p.A. (BIT:PITE) Expensive For A Reason? A Look At Its Intrinsic ValueToday we'll do a simple run through of a valuation method used to estimate the attractiveness of PITECO S.p.A...お知らせ • Feb 25PITECO S.p.A. (BIT:PITE) acquired an additional 10% stake in RAD Informatica S.r.l. for €5.2 million.PITECO S.p.A. (BIT:PITE) acquired an additional 10% stake in RAD Informatica S.r.l. for €5.2 million on February 24, 2021. PITECO S.p.A. paid €2.5 million at the closing and the remaining part of the price will be paid on June 30, 2021. The consideration is subject to a contractually defined price adjustment mechanism. As a result of the transaction, PITECO S.p.A. stake in RAD Informatica S.r.l. is increased from 70% to 80%. PITECO S.p.A. (BIT:PITE) completed the acquisition of an additional 10% stake in RAD Informatica S.r.l. on February 24, 2021.分析記事 • Feb 20PITECO (BIT:PITE) Has Gifted Shareholders With A Fantastic 260% Total Return On Their InvestmentThe most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side, you...分析記事 • Feb 02Are PITECO's (BIT:PITE) Statutory Earnings A Good Reflection Of Its Earnings Potential?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...Is New 90 Day High Low • Jan 27New 90-day high: €11.60The company is up 45% from its price of €8.00 on 29 October 2020. The Italian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.31 per share.Valuation Update With 7 Day Price Move • Jan 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to €11.20, the stock is trading at a trailing P/E ratio of 62.6x, up from the previous P/E ratio of 54.1x. This compares to an average P/E of 26x in the Software industry in Italy. Total returns to shareholders over the past three years are 137%.分析記事 • Jan 18Should PITECO S.p.A. (BIT:PITE) Be Part Of Your Dividend Portfolio?Dividend paying stocks like PITECO S.p.A. ( BIT:PITE ) tend to be popular with investors, and for good reason - some...Is New 90 Day High Low • Jan 09New 90-day high: €9.60The company is up 22% from its price of €7.88 on 09 October 2020. The Italian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.21 per share.分析記事 • Jan 01PITECO S.p.A.'s (BIT:PITE) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?Most readers would already be aware that PITECO's (BIT:PITE) stock increased significantly by 18% over the past three...Is New 90 Day High Low • Dec 22New 90-day high: €9.28The company is up 23% from its price of €7.52 on 22 September 2020. The Italian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.56 per share.分析記事 • Dec 17What Is The Ownership Structure Like For PITECO S.p.A. (BIT:PITE)?The big shareholder groups in PITECO S.p.A. ( BIT:PITE ) have power over the company. Institutions often own shares in...分析記事 • Dec 02PITECO S.p.A. (BIT:PITE) Shares Could Be 25% Above Their Intrinsic Value EstimateToday we'll do a simple run through of a valuation method used to estimate the attractiveness of PITECO S.p.A...Is New 90 Day High Low • Nov 11New 90-day high: €8.60The company is up 27% from its price of €6.78 on 13 August 2020. The Italian market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.09 per share.お知らせ • Oct 16PITECO S.p.A. (BIT:PITE) entered into a quota purchase agreement to acquire 70% stake in RAD Informatica S.r.l. ("RAD") from Rad Informatica Spa (“RAD Holding”) and Corrado Costa S.r.l. for €35 million.PITECO S.p.A. (BIT:PITE) entered into a quota purchase agreement to acquire 70% stake in RAD Informatica S.r.l. ("RAD") from Rad Informatica Spa (“RAD Holding”) and Corrado Costa S.r.l. for €35 million on October 15, 2020. The Purchase Price is subject to the usual adjustment mechanisms in line with the standards for similar transactions. PITECO acquired 8% stake in RAD from RAD Holding for €4 million on October 15, 2020. PITECO will acquire the remaining 62% stake will be done in second tranche. PITECO will acquire 62% stake in second tranche. Post completion of the transaction, RAD Holding and Corrado Costa will hold a stake equal to, respectively, 10% and 20% of the corporate capital of RAD. The quotaholders’ agreement includes a call and put option in connection with the remaining 30% of the corporate capital held by RAD Holding and Corrado Costa to be exercised in different time frames following the approval of the financial statements of RAD for the 2023, 2024 and 2025 financial years or if certain events, provided for under the option agreement, occur. The transaction will be financed through financing to be provided by a primary bank institution and maximum capital increase of €8 million. Piteco Spa has already received the preliminary availability of the existing shareholders Marco Podini, Maria Luisa Podini, Riccardo Veneziani, Paolo Virenti, Andrea Guillermaz and Dedagroup S.p.A. to participate to the subscription of the above capital increase. The transaction is subject to the fulfillment of the contractually agreed conditions precedent, including the provision of the financing. The second tranche acquisition will complete by end of November 2020. PricewaterhouseCoopers Advisory S.p.A. acted as financial advisor, Shearman & Sterling LLP, acted as legal advisor, Studio Spalla e Associati acted as tax advisor while Studio Legale Toffoletto De Luca Tamajo advised in connection with the labour law profiles to Piteco. Studio Artina acted as tax and financial advisor, Klecha & Co. acted as financial advisor, and Pedersoli Studio Legale acted as legal advisor to RAD Holding and Corrado Costa.Reported Earnings • Oct 03First half earnings releasedOver the last 12 months the company has reported total profits of €3.28m, down 36% from the prior year. Total revenue was €24.4m over the last 12 months, up 11% from the prior year.財務状況分析短期負債: PITEの 短期資産 ( €19.6M ) は 短期負債 ( €20.9M ) をカバーしていません。長期負債: PITEの短期資産 ( €19.6M ) は 長期負債 ( €71.9M ) をカバーしていません。デット・ツー・エクイティの歴史と分析負債レベル: PITEの 純負債対資本比率 ( 110.4% ) は 高い と見なされます。負債の削減: PITEの負債対資本比率は、過去 5 年間で28.1%から125.9%に増加しました。債務返済能力: PITEの負債は 営業キャッシュフロー によって 十分にカバー されています ( 22.1% )。インタレストカバレッジ: PITEの負債に対する 利息支払い は EBIT ( 7 x coverage) によって 十分にカバーされています。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YSoftware 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2022/08/23 09:05終値2022/08/19 00:00収益2021/12/31年間収益2021/12/31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PITECO S.p.A. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Luca ArenaCFO SIM S.p.A.Sara WelfordEdison Investment Research
お知らせ • Aug 12Piteco Announces Delisting of the Shares from 23 AugustPITECO S.p.A. (BIT:PITE) shares are preparing to leave Piazza Affari. “Borsa Italiana will order the revocation of the Piteco shares from listing in Euronext Milan with effect from 23 August 2022, subject to suspension of the share in the sessions of 19 and 22 August 2022”, reads a note from Limbo Srl which promoted a takeover bid on group led by Marco Podini. The bidder will hold a total of 19,935,078 Piteco shares, representing approximately 98.77% of the company’s share capital.
お知らせ • Jun 20Limbo Srl Announces a Voluntary Takeover Bid Aimed At Delisting PitecoLimbo Srl, vehicle company of Dedagroup SpA, has announced a voluntary takeover bid aimed at delisting Piteco SpA. As part of the transaction, Limbo, Dedagroup and the other parties acting in concert with the bidder are assisted by Studio Legale Associato Shearman & Sterling with a team led by partner Emanuele Trucco and made up of associates Marco Barbi, Greta Dell'Anna and Michele Spinelli for the corporate and capital markets profiles, and by the partner Giulio Tognazzi and by the associate Alessandro Ciarmiello for the finance profiles. The fiscal aspects were instead followed by Studio Scozzi Dottori Commercialisti, with a team made up of the naming partner Maurizio Scozzi and senior manager Daniel Frizzera.
分析記事 • Apr 07PITECO (BIT:PITE) Has A Somewhat Strained Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
お知らせ • Aug 12Piteco Announces Delisting of the Shares from 23 AugustPITECO S.p.A. (BIT:PITE) shares are preparing to leave Piazza Affari. “Borsa Italiana will order the revocation of the Piteco shares from listing in Euronext Milan with effect from 23 August 2022, subject to suspension of the share in the sessions of 19 and 22 August 2022”, reads a note from Limbo Srl which promoted a takeover bid on group led by Marco Podini. The bidder will hold a total of 19,935,078 Piteco shares, representing approximately 98.77% of the company’s share capital.
お知らせ • Jun 22Limbo Srl acquired a 0.788624% stake in PITECO S.p.A. (BIT:PITE) for €1.7 million.Limbo Srl acquired 0.788624% stake in PITECO S.p.A. (BIT:PITE) for €1.7 million on June 20, 2022. Limbo Srl completed the acquisition of a 0.788624% stake in PITECO S.p.A. (BIT:PITE) on June 20, 2022.
お知らせ • Jun 20Limbo Srl Announces a Voluntary Takeover Bid Aimed At Delisting PitecoLimbo Srl, vehicle company of Dedagroup SpA, has announced a voluntary takeover bid aimed at delisting Piteco SpA. As part of the transaction, Limbo, Dedagroup and the other parties acting in concert with the bidder are assisted by Studio Legale Associato Shearman & Sterling with a team led by partner Emanuele Trucco and made up of associates Marco Barbi, Greta Dell'Anna and Michele Spinelli for the corporate and capital markets profiles, and by the partner Giulio Tognazzi and by the associate Alessandro Ciarmiello for the finance profiles. The fiscal aspects were instead followed by Studio Scozzi Dottori Commercialisti, with a team made up of the naming partner Maurizio Scozzi and senior manager Daniel Frizzera.
Valuation Update With 7 Day Price Move • Jun 16Investor sentiment improved over the past weekAfter last week's 20% share price gain to €11.05, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 18x in the Software industry in Italy. Total returns to shareholders of 123% over the past three years.
Recent Insider Transactions • May 15Director recently bought €3.4m worth of stockOn the 12th of May, Maria Podini bought around 259k shares on-market at roughly €12.98 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €14m more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Apr 28Director recently bought €3.4m worth of stockOn the 22nd of April, Maria Podini bought around 259k shares on-market at roughly €12.95 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €7.7m more in shares than they have sold in the last 12 months.
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. 10 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Mauro Rossi was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Recent Insider Transactions • Apr 10Insider recently sold €64k worth of stockOn the 6th of April, Zanella Francesca sold around 7k shares on-market at roughly €9.02 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €994k more than they sold in the last 12 months.
Reported Earnings • Mar 28Full year 2021 earnings: Revenues exceed analyst expectationsFull year 2021 results: Revenue: €38.8m (up 57% from FY 2020). Net income: €11.9m (up 67% from FY 2020). Profit margin: 31% (up from 29% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.6%. Over the next year, revenue is forecast to grow 3.5%, compared to a 31% growth forecast for the industry in Italy.
Recent Insider Transactions • Jan 26Director recently bought €72k worth of stockOn the 21st of January, Maria Podini bought around 7k shares on-market at roughly €10.33 per share. In the last 3 months, there was an even bigger purchase from another insider worth €1.8m. Insiders have collectively bought €1.2m more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Dec 31Insider recently sold €1.8m worth of stockOn the 28th of December, Zanella Francesca sold around 166k shares on-market at roughly €11.05 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €473k more than they bought in the last 12 months.
Recent Insider Transactions • Nov 28Chairman of the Board of Directors recently bought €50k worth of stockOn the 23rd of November, Marco Podini bought around 4k shares on-market at roughly €11.16 per share. In the last 3 months, there was an even bigger purchase from another insider worth €52k. Despite this recent buy, Marco has been a net seller over the last 12 months, reducing personal holdings by €392k.
Recent Insider Transactions • Oct 06Insider recently bought €52k worth of stockOn the 1st of October, Zanella Francesca bought around 5k shares on-market at roughly €11.48 per share. In the last 3 months, they made an even bigger purchase worth €83k. Despite this recent purchase, insiders have collectively sold €995k more in shares than they bought in the last 12 months.
Reported Earnings • Oct 03First half 2021 earnings releasedThe company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €17.9m (up 55% from 1H 2020). Net income: €10.2m (up 342% from 1H 2020). Profit margin: 57% (up from 20% in 1H 2020). The increase in margin was primarily driven by higher revenue.
Valuation Update With 7 Day Price Move • Aug 31Investor sentiment improved over the past weekAfter last week's 18% share price gain to €12.00, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 31x in the Software industry in Italy. Total returns to shareholders of 179% over the past three years.
Recent Insider Transactions • Aug 26Insider recently bought €83k worth of stockOn the 20th of August, Zanella Francesca bought around 9k shares on-market at roughly €9.73 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €1.2m more in shares than they bought in the last 12 months.
分析記事 • Jun 14PITECO S.p.A.'s (BIT:PITE) Intrinsic Value Is Potentially 48% Above Its Share PriceToday we will run through one way of estimating the intrinsic value of PITECO S.p.A. ( BIT:PITE ) by taking the...
分析記事 • Jun 01Here's Why I Think PITECO (BIT:PITE) Is An Interesting StockSome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Upcoming Dividend • May 04Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 10 May 2021. Payment date: 12 May 2021. Trailing yield: 1.4%. Lower than top quartile of Italian dividend payers (3.9%). In line with average of industry peers (1.3%).
分析記事 • Apr 07PITECO (BIT:PITE) Has A Somewhat Strained Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Mar 27Full year 2020 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €24.9m (up 5.2% from FY 2019). Net income: €7.10m (up 135% from FY 2019). Profit margin: 28% (up from 13% in FY 2019). The increase in margin was primarily driven by lower expenses.
分析記事 • Mar 10Is PITECO S.p.A. (BIT:PITE) Expensive For A Reason? A Look At Its Intrinsic ValueToday we'll do a simple run through of a valuation method used to estimate the attractiveness of PITECO S.p.A...
お知らせ • Feb 25PITECO S.p.A. (BIT:PITE) acquired an additional 10% stake in RAD Informatica S.r.l. for €5.2 million.PITECO S.p.A. (BIT:PITE) acquired an additional 10% stake in RAD Informatica S.r.l. for €5.2 million on February 24, 2021. PITECO S.p.A. paid €2.5 million at the closing and the remaining part of the price will be paid on June 30, 2021. The consideration is subject to a contractually defined price adjustment mechanism. As a result of the transaction, PITECO S.p.A. stake in RAD Informatica S.r.l. is increased from 70% to 80%. PITECO S.p.A. (BIT:PITE) completed the acquisition of an additional 10% stake in RAD Informatica S.r.l. on February 24, 2021.
分析記事 • Feb 20PITECO (BIT:PITE) Has Gifted Shareholders With A Fantastic 260% Total Return On Their InvestmentThe most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side, you...
分析記事 • Feb 02Are PITECO's (BIT:PITE) Statutory Earnings A Good Reflection Of Its Earnings Potential?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...
Is New 90 Day High Low • Jan 27New 90-day high: €11.60The company is up 45% from its price of €8.00 on 29 October 2020. The Italian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.31 per share.
Valuation Update With 7 Day Price Move • Jan 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to €11.20, the stock is trading at a trailing P/E ratio of 62.6x, up from the previous P/E ratio of 54.1x. This compares to an average P/E of 26x in the Software industry in Italy. Total returns to shareholders over the past three years are 137%.
分析記事 • Jan 18Should PITECO S.p.A. (BIT:PITE) Be Part Of Your Dividend Portfolio?Dividend paying stocks like PITECO S.p.A. ( BIT:PITE ) tend to be popular with investors, and for good reason - some...
Is New 90 Day High Low • Jan 09New 90-day high: €9.60The company is up 22% from its price of €7.88 on 09 October 2020. The Italian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.21 per share.
分析記事 • Jan 01PITECO S.p.A.'s (BIT:PITE) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?Most readers would already be aware that PITECO's (BIT:PITE) stock increased significantly by 18% over the past three...
Is New 90 Day High Low • Dec 22New 90-day high: €9.28The company is up 23% from its price of €7.52 on 22 September 2020. The Italian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.56 per share.
分析記事 • Dec 17What Is The Ownership Structure Like For PITECO S.p.A. (BIT:PITE)?The big shareholder groups in PITECO S.p.A. ( BIT:PITE ) have power over the company. Institutions often own shares in...
分析記事 • Dec 02PITECO S.p.A. (BIT:PITE) Shares Could Be 25% Above Their Intrinsic Value EstimateToday we'll do a simple run through of a valuation method used to estimate the attractiveness of PITECO S.p.A...
Is New 90 Day High Low • Nov 11New 90-day high: €8.60The company is up 27% from its price of €6.78 on 13 August 2020. The Italian market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.09 per share.
お知らせ • Oct 16PITECO S.p.A. (BIT:PITE) entered into a quota purchase agreement to acquire 70% stake in RAD Informatica S.r.l. ("RAD") from Rad Informatica Spa (“RAD Holding”) and Corrado Costa S.r.l. for €35 million.PITECO S.p.A. (BIT:PITE) entered into a quota purchase agreement to acquire 70% stake in RAD Informatica S.r.l. ("RAD") from Rad Informatica Spa (“RAD Holding”) and Corrado Costa S.r.l. for €35 million on October 15, 2020. The Purchase Price is subject to the usual adjustment mechanisms in line with the standards for similar transactions. PITECO acquired 8% stake in RAD from RAD Holding for €4 million on October 15, 2020. PITECO will acquire the remaining 62% stake will be done in second tranche. PITECO will acquire 62% stake in second tranche. Post completion of the transaction, RAD Holding and Corrado Costa will hold a stake equal to, respectively, 10% and 20% of the corporate capital of RAD. The quotaholders’ agreement includes a call and put option in connection with the remaining 30% of the corporate capital held by RAD Holding and Corrado Costa to be exercised in different time frames following the approval of the financial statements of RAD for the 2023, 2024 and 2025 financial years or if certain events, provided for under the option agreement, occur. The transaction will be financed through financing to be provided by a primary bank institution and maximum capital increase of €8 million. Piteco Spa has already received the preliminary availability of the existing shareholders Marco Podini, Maria Luisa Podini, Riccardo Veneziani, Paolo Virenti, Andrea Guillermaz and Dedagroup S.p.A. to participate to the subscription of the above capital increase. The transaction is subject to the fulfillment of the contractually agreed conditions precedent, including the provision of the financing. The second tranche acquisition will complete by end of November 2020. PricewaterhouseCoopers Advisory S.p.A. acted as financial advisor, Shearman & Sterling LLP, acted as legal advisor, Studio Spalla e Associati acted as tax advisor while Studio Legale Toffoletto De Luca Tamajo advised in connection with the labour law profiles to Piteco. Studio Artina acted as tax and financial advisor, Klecha & Co. acted as financial advisor, and Pedersoli Studio Legale acted as legal advisor to RAD Holding and Corrado Costa.
Reported Earnings • Oct 03First half earnings releasedOver the last 12 months the company has reported total profits of €3.28m, down 36% from the prior year. Total revenue was €24.4m over the last 12 months, up 11% from the prior year.