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Past PerformanceThis company listing is no longer activeThis company may still be operating, however this listing is no longer active.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 EventsSpindox バランスシートの健全性財務の健全性 基準チェック /66Spindoxの総株主資本は€20.1M 、総負債は€15.6Mで、負債比率は77.6%となります。総資産と総負債はそれぞれ€75.5Mと€55.4Mです。 Spindoxの EBIT は€5.1Mで、利息カバレッジ比率3です。現金および短期投資は€15.5Mです。主要情報77.59%負債資本比率€15.59m負債インタレスト・カバレッジ・レシオ3x現金€15.52mエクイティ€20.09m負債合計€55.40m総資産€75.49m財務の健全性に関する最新情報更新なしすべての更新を表示Recent updatesMajor Estimate Revision • Oct 03Consensus EPS estimates fall by 44%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €113.2m to €105.5m. EPS estimate also fell from €0.671 per share to €0.376 per share. Net income forecast to grow 175% next year vs 76% growth forecast for IT industry in Italy. Consensus price target broadly unchanged at €13.93. Share price was steady at €12.75 over the past week.Price Target Changed • Oct 02Price target decreased by 7.0% to €13.93Down from €14.98, the current price target is an average from 3 analysts. New target price is 8.9% above last closing price of €12.80. The company is forecast to post earnings per share of €0.67 for next year compared to €0.081 last year.Major Estimate Revision • Aug 27Consensus EPS estimates increase by 31%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €116.9m to €113.2m. EPS estimate rose from €0.737 to €0.966. Net income forecast to grow 446% next year vs 52% growth forecast for IT industry in Italy. Consensus price target down from €14.98 to €14.02. Share price was steady at €12.60 over the past week.Price Target Changed • Aug 26Price target decreased by 11% to €14.02Down from €15.82, the current price target is an average from 3 analysts. New target price is 11% above last closing price of €12.60. The company is forecast to post earnings per share of €0.97 for next year compared to €0.081 last year.お知らせ • Aug 01Progressio SGR SpA entered into agreement to acquire 74.12% stake in Spindox S.p.A. (BIT:SPN).Progressio SGR SpA entered into agreement to acquire 74.12% stake in Spindox S.p.A. (BIT:SPN) on August 1, 2025. A cash consideration will be paid by Progressio SGR SpA. As part of consideration, an undisclosed value is paid towards common equity of Spindox S.p.A.分析記事 • Aug 01Spindox S.p.A.'s (BIT:SPN) Price Is Out Of Tune With RevenuesWith a median price-to-sales (or "P/S") ratio of close to 0.9x in the IT industry in Italy, you could be forgiven for...分析記事 • Jun 12Are Investors Undervaluing Spindox S.p.A. (BIT:SPN) By 27%?Key Insights Using the 2 Stage Free Cash Flow to Equity, Spindox fair value estimate is €15.15 Spindox is estimated to...お知らせ • Apr 15Spindox S.p.A., Annual General Meeting, Apr 29, 2025Spindox S.p.A., Annual General Meeting, Apr 29, 2025, at 17:00 W. Europe Standard Time.Reported Earnings • Apr 14Full year 2024 earnings releasedFull year 2024 results: Revenue: €111.8m (up 15% from FY 2023). Net income: €463.2k (up €517.3k from FY 2023). Profit margin: 0.4% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 9.3% growth forecast for the IT industry in Italy.New Risk • Apr 13New major risk - Revenue and earnings growthEarnings have declined by 46% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 46% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€52.3m market cap, or US$59.3m).お知らせ • Dec 26+ 3 more updatesSpindox S.p.A. to Report Q3, 2025 Results on Nov 14, 2025Spindox S.p.A. announced that they will report Q3, 2025 results on Nov 14, 2025New Risk • Oct 04New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (3.8% increase in shares outstanding). Market cap is less than US$100m (€55.6m market cap, or US$61.3m).お知らせ • Sep 05+ 1 more updateSpindox S.p.A. to Report First Half, 2024 Results on Sep 27, 2024Spindox S.p.A. announced that they will report first half, 2024 results on Sep 27, 2024Buy Or Sell Opportunity • Jul 11Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 21% to €10.25. The fair value is estimated to be €8.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only.New Risk • Jul 05New major risk - Revenue and earnings growthEarnings have declined by 11% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€55.3m market cap, or US$59.8m).New Risk • Apr 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (64% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (6.2% average weekly change). Profit margins are more than 30% lower than last year (0.5% net profit margin). Market cap is less than US$100m (€45.9m market cap, or US$48.8m).Buy Or Sell Opportunity • Apr 08Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.2% to €8.44. The fair value is estimated to be €10.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last year. Earnings per share has declined by 75%. Revenue is forecast to grow by 37% in 2 years. Earnings are forecast to grow by 646% in the next 2 years.分析記事 • Mar 02Spindox (BIT:SPN) May Have Issues Allocating Its CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...New Risk • Mar 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 7.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.7% average weekly change). High level of non-cash earnings (64% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (0.5% net profit margin). Market cap is less than US$100m (€52.6m market cap, or US$56.8m).分析記事 • Jan 03Is Now The Time To Look At Buying Spindox S.p.A. (BIT:SPN)?Spindox S.p.A. ( BIT:SPN ), might not be a large cap stock, but it received a lot of attention from a substantial price...New Risk • Dec 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (64% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Profit margins are more than 30% lower than last year (0.5% net profit margin). Market cap is less than US$100m (€54.7m market cap, or US$59.1m).Buying Opportunity • Nov 09Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 26%. The fair value is estimated to be €9.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last year. Earnings per share has declined by 75%. Revenue is forecast to grow by 37% in 2 years. Earnings is forecast to grow by 646% in the next 2 years.分析記事 • Oct 27Spindox S.p.A. (BIT:SPN) Shares Could Be 25% Below Their Intrinsic Value EstimateKey Insights Using the 2 Stage Free Cash Flow to Equity, Spindox fair value estimate is €9.98 Spindox's €7.45 share...Buying Opportunity • Oct 25Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be €10.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last year. Earnings per share has declined by 75%. Revenue is forecast to grow by 37% in 2 years. Earnings is forecast to grow by 646% in the next 2 years.Reported Earnings • Oct 05First half 2023 earnings releasedFirst half 2023 results: Revenue: €48.5m (up 28% from 1H 2022). Net income: €384.0k (down 32% from 1H 2022). Profit margin: 0.8% (down from 1.5% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the IT industry in Italy.分析記事 • Sep 21When Should You Buy Spindox S.p.A. (BIT:SPN)?Spindox S.p.A. ( BIT:SPN ), might not be a large cap stock, but it saw significant share price movement during recent...New Risk • Jul 18New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 119% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (119% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Profit margins are more than 30% lower than last year (0.8% net profit margin). Market cap is less than US$100m (€49.3m market cap, or US$55.4m).分析記事 • Jun 10The Return Trends At Spindox (BIT:SPN) Look PromisingThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...Buying Opportunity • May 11Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €11.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last year. Earnings per share has grown by 49%.Buying Opportunity • Apr 14Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 6.6%. The fair value is estimated to be €11.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last year. Earnings per share has grown by 49%.Buying Opportunity • Feb 24Now 21% undervaluedOver the last 90 days, the stock is up 9.2%. The fair value is estimated to be €12.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last year. Earnings per share has grown by 49%.分析記事 • Feb 11Calculating The Fair Value Of Spindox S.p.A. (BIT:SPN)Today we will run through one way of estimating the intrinsic value of Spindox S.p.A. ( BIT:SPN ) by taking the...Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €11.45, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 21x in the IT industry in Italy. Total loss to shareholders of 27% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €12.30 per share.Price Target Changed • Nov 16Price target decreased to €15.29Down from €17.40, the current price target is an average from 2 analysts. New target price is 80% above last closing price of €8.48. Stock is down 48% over the past year. The company is forecast to post earnings per share of €0.52 for next year compared to €0.48 last year.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. 1 independent director (7 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.分析記事 • Oct 26Spindox (BIT:SPN) Will Want To Turn Around Its Return TrendsIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Reported Earnings • Oct 05First half 2022 earnings released: EPS: €0 (vs €0.11 in 1H 2021)First half 2022 results: EPS: €0 (down from €0.11 in 1H 2021). Revenue: €38.8m (up 131% from 1H 2021). Net income: €563.2k (down 12% from 1H 2021). Profit margin: 1.4% (down from 3.8% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the IT industry in Italy.分析記事 • Sep 26Market Participants Recognise Spindox S.p.A.'s (BIT:SPN) Earnings Pushing Shares 29% HigherSpindox S.p.A. ( BIT:SPN ) shares have had a really impressive month, gaining 29% after a shaky period beforehand. The...Valuation Update With 7 Day Price Move • Aug 26Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to €9.34, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 22x in the IT industry in Italy. Total loss to shareholders of 19% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €16.38 per share.分析記事 • Aug 25Is Spindox S.p.A. (BIT:SPN) Trading At A 37% Discount?Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Spindox S.p.A...Price Target Changed • Aug 18Price target decreased to €17.40Down from €19.36, the current price target is an average from 2 analysts. New target price is 53% above last closing price of €11.40. Stock is down 2.6% over the past year. The company is forecast to post earnings per share of €0.56 for next year compared to €0.48 last year.分析記事 • Jul 14Spindox's (BIT:SPN) Returns On Capital Not Reflecting Well On The BusinessIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Price Target Changed • Jul 08Price target decreased to €17.40Down from €19.36, the current price target is provided by 1 analyst. New target price is 36% above last closing price of €12.80. Stock is up 40% over the past year.分析記事 • Apr 13Spindox's (BIT:SPN) Strong Earnings Are Of Good QualityThe subdued stock price reaction suggests that Spindox S.p.A.'s ( BIT:SPN ) strong earnings didn't offer any surprises...Valuation Update With 7 Day Price Move • Nov 18Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €15.75, the stock trades at a trailing P/E ratio of 62.7x. Average forward P/E is 30x in the IT industry in Italy.Valuation Update With 7 Day Price Move • Oct 15Investor sentiment improved over the past weekAfter last week's 19% share price gain to €13.40, the stock trades at a trailing P/E ratio of 53.4x. Average forward P/E is 31x in the IT industry in Italy.財務状況分析短期負債: SPNの 短期資産 ( €49.4M ) が 短期負債 ( €34.0M ) を超えています。長期負債: SPNの短期資産 ( €49.4M ) が 長期負債 ( €21.4M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: SPNの 純負債対資本比率 ( 0.3% ) は 満足できる 水準であると考えられます。負債の削減: SPNの負債対資本比率は、過去 5 年間で245.1%から77.6%に減少しました。債務返済能力: SPN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 ( 34.5% )。インタレストカバレッジ: SPNの負債に対する 利息支払い は EBIT ( 3 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2026/01/30 05:21終値2026/01/28 00:00収益2025/06/30年間収益2024/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Spindox S.p.A. 2 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Mattia PetraccaIntegrae SPAnull nullIntermonte SIM S.p.A.
Major Estimate Revision • Oct 03Consensus EPS estimates fall by 44%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €113.2m to €105.5m. EPS estimate also fell from €0.671 per share to €0.376 per share. Net income forecast to grow 175% next year vs 76% growth forecast for IT industry in Italy. Consensus price target broadly unchanged at €13.93. Share price was steady at €12.75 over the past week.
Price Target Changed • Oct 02Price target decreased by 7.0% to €13.93Down from €14.98, the current price target is an average from 3 analysts. New target price is 8.9% above last closing price of €12.80. The company is forecast to post earnings per share of €0.67 for next year compared to €0.081 last year.
Major Estimate Revision • Aug 27Consensus EPS estimates increase by 31%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €116.9m to €113.2m. EPS estimate rose from €0.737 to €0.966. Net income forecast to grow 446% next year vs 52% growth forecast for IT industry in Italy. Consensus price target down from €14.98 to €14.02. Share price was steady at €12.60 over the past week.
Price Target Changed • Aug 26Price target decreased by 11% to €14.02Down from €15.82, the current price target is an average from 3 analysts. New target price is 11% above last closing price of €12.60. The company is forecast to post earnings per share of €0.97 for next year compared to €0.081 last year.
お知らせ • Aug 01Progressio SGR SpA entered into agreement to acquire 74.12% stake in Spindox S.p.A. (BIT:SPN).Progressio SGR SpA entered into agreement to acquire 74.12% stake in Spindox S.p.A. (BIT:SPN) on August 1, 2025. A cash consideration will be paid by Progressio SGR SpA. As part of consideration, an undisclosed value is paid towards common equity of Spindox S.p.A.
分析記事 • Aug 01Spindox S.p.A.'s (BIT:SPN) Price Is Out Of Tune With RevenuesWith a median price-to-sales (or "P/S") ratio of close to 0.9x in the IT industry in Italy, you could be forgiven for...
分析記事 • Jun 12Are Investors Undervaluing Spindox S.p.A. (BIT:SPN) By 27%?Key Insights Using the 2 Stage Free Cash Flow to Equity, Spindox fair value estimate is €15.15 Spindox is estimated to...
お知らせ • Apr 15Spindox S.p.A., Annual General Meeting, Apr 29, 2025Spindox S.p.A., Annual General Meeting, Apr 29, 2025, at 17:00 W. Europe Standard Time.
Reported Earnings • Apr 14Full year 2024 earnings releasedFull year 2024 results: Revenue: €111.8m (up 15% from FY 2023). Net income: €463.2k (up €517.3k from FY 2023). Profit margin: 0.4% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 9.3% growth forecast for the IT industry in Italy.
New Risk • Apr 13New major risk - Revenue and earnings growthEarnings have declined by 46% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 46% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€52.3m market cap, or US$59.3m).
お知らせ • Dec 26+ 3 more updatesSpindox S.p.A. to Report Q3, 2025 Results on Nov 14, 2025Spindox S.p.A. announced that they will report Q3, 2025 results on Nov 14, 2025
New Risk • Oct 04New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (3.8% increase in shares outstanding). Market cap is less than US$100m (€55.6m market cap, or US$61.3m).
お知らせ • Sep 05+ 1 more updateSpindox S.p.A. to Report First Half, 2024 Results on Sep 27, 2024Spindox S.p.A. announced that they will report first half, 2024 results on Sep 27, 2024
Buy Or Sell Opportunity • Jul 11Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 21% to €10.25. The fair value is estimated to be €8.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only.
New Risk • Jul 05New major risk - Revenue and earnings growthEarnings have declined by 11% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€55.3m market cap, or US$59.8m).
New Risk • Apr 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (64% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (6.2% average weekly change). Profit margins are more than 30% lower than last year (0.5% net profit margin). Market cap is less than US$100m (€45.9m market cap, or US$48.8m).
Buy Or Sell Opportunity • Apr 08Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.2% to €8.44. The fair value is estimated to be €10.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last year. Earnings per share has declined by 75%. Revenue is forecast to grow by 37% in 2 years. Earnings are forecast to grow by 646% in the next 2 years.
分析記事 • Mar 02Spindox (BIT:SPN) May Have Issues Allocating Its CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
New Risk • Mar 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 7.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.7% average weekly change). High level of non-cash earnings (64% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (0.5% net profit margin). Market cap is less than US$100m (€52.6m market cap, or US$56.8m).
分析記事 • Jan 03Is Now The Time To Look At Buying Spindox S.p.A. (BIT:SPN)?Spindox S.p.A. ( BIT:SPN ), might not be a large cap stock, but it received a lot of attention from a substantial price...
New Risk • Dec 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (64% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Profit margins are more than 30% lower than last year (0.5% net profit margin). Market cap is less than US$100m (€54.7m market cap, or US$59.1m).
Buying Opportunity • Nov 09Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 26%. The fair value is estimated to be €9.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last year. Earnings per share has declined by 75%. Revenue is forecast to grow by 37% in 2 years. Earnings is forecast to grow by 646% in the next 2 years.
分析記事 • Oct 27Spindox S.p.A. (BIT:SPN) Shares Could Be 25% Below Their Intrinsic Value EstimateKey Insights Using the 2 Stage Free Cash Flow to Equity, Spindox fair value estimate is €9.98 Spindox's €7.45 share...
Buying Opportunity • Oct 25Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be €10.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last year. Earnings per share has declined by 75%. Revenue is forecast to grow by 37% in 2 years. Earnings is forecast to grow by 646% in the next 2 years.
Reported Earnings • Oct 05First half 2023 earnings releasedFirst half 2023 results: Revenue: €48.5m (up 28% from 1H 2022). Net income: €384.0k (down 32% from 1H 2022). Profit margin: 0.8% (down from 1.5% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the IT industry in Italy.
分析記事 • Sep 21When Should You Buy Spindox S.p.A. (BIT:SPN)?Spindox S.p.A. ( BIT:SPN ), might not be a large cap stock, but it saw significant share price movement during recent...
New Risk • Jul 18New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 119% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (119% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Profit margins are more than 30% lower than last year (0.8% net profit margin). Market cap is less than US$100m (€49.3m market cap, or US$55.4m).
分析記事 • Jun 10The Return Trends At Spindox (BIT:SPN) Look PromisingThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
Buying Opportunity • May 11Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €11.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last year. Earnings per share has grown by 49%.
Buying Opportunity • Apr 14Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 6.6%. The fair value is estimated to be €11.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last year. Earnings per share has grown by 49%.
Buying Opportunity • Feb 24Now 21% undervaluedOver the last 90 days, the stock is up 9.2%. The fair value is estimated to be €12.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last year. Earnings per share has grown by 49%.
分析記事 • Feb 11Calculating The Fair Value Of Spindox S.p.A. (BIT:SPN)Today we will run through one way of estimating the intrinsic value of Spindox S.p.A. ( BIT:SPN ) by taking the...
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €11.45, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 21x in the IT industry in Italy. Total loss to shareholders of 27% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €12.30 per share.
Price Target Changed • Nov 16Price target decreased to €15.29Down from €17.40, the current price target is an average from 2 analysts. New target price is 80% above last closing price of €8.48. Stock is down 48% over the past year. The company is forecast to post earnings per share of €0.52 for next year compared to €0.48 last year.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. 1 independent director (7 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
分析記事 • Oct 26Spindox (BIT:SPN) Will Want To Turn Around Its Return TrendsIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Reported Earnings • Oct 05First half 2022 earnings released: EPS: €0 (vs €0.11 in 1H 2021)First half 2022 results: EPS: €0 (down from €0.11 in 1H 2021). Revenue: €38.8m (up 131% from 1H 2021). Net income: €563.2k (down 12% from 1H 2021). Profit margin: 1.4% (down from 3.8% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the IT industry in Italy.
分析記事 • Sep 26Market Participants Recognise Spindox S.p.A.'s (BIT:SPN) Earnings Pushing Shares 29% HigherSpindox S.p.A. ( BIT:SPN ) shares have had a really impressive month, gaining 29% after a shaky period beforehand. The...
Valuation Update With 7 Day Price Move • Aug 26Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to €9.34, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 22x in the IT industry in Italy. Total loss to shareholders of 19% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €16.38 per share.
分析記事 • Aug 25Is Spindox S.p.A. (BIT:SPN) Trading At A 37% Discount?Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Spindox S.p.A...
Price Target Changed • Aug 18Price target decreased to €17.40Down from €19.36, the current price target is an average from 2 analysts. New target price is 53% above last closing price of €11.40. Stock is down 2.6% over the past year. The company is forecast to post earnings per share of €0.56 for next year compared to €0.48 last year.
分析記事 • Jul 14Spindox's (BIT:SPN) Returns On Capital Not Reflecting Well On The BusinessIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Price Target Changed • Jul 08Price target decreased to €17.40Down from €19.36, the current price target is provided by 1 analyst. New target price is 36% above last closing price of €12.80. Stock is up 40% over the past year.
分析記事 • Apr 13Spindox's (BIT:SPN) Strong Earnings Are Of Good QualityThe subdued stock price reaction suggests that Spindox S.p.A.'s ( BIT:SPN ) strong earnings didn't offer any surprises...
Valuation Update With 7 Day Price Move • Nov 18Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €15.75, the stock trades at a trailing P/E ratio of 62.7x. Average forward P/E is 30x in the IT industry in Italy.
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment improved over the past weekAfter last week's 19% share price gain to €13.40, the stock trades at a trailing P/E ratio of 53.4x. Average forward P/E is 31x in the IT industry in Italy.