View Past PerformanceVantea SMART バランスシートの健全性財務の健全性 基準チェック /46Vantea SMARTの総株主資本は€11.5M 、総負債は€4.4Mで、負債比率は38.8%となります。総資産と総負債はそれぞれ€25.4Mと€13.9Mです。 Vantea SMARTの EBIT は€2.5Mで、利息カバレッジ比率10.9です。現金および短期投資は€2.4Mです。主要情報38.83%負債資本比率€4.45m負債インタレスト・カバレッジ・レシオ10.9x現金€2.44mエクイティ€11.46m負債合計€13.90m総資産€25.35m財務の健全性に関する最新情報分析記事 • Nov 22Vantea SMART (BIT:VNT) Has A Somewhat Strained Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...すべての更新を表示Recent updatesNew Risk • May 05New 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 6.5% 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 (34% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (€11.7m market cap, or US$13.7m).分析記事 • Apr 22Is It Too Late To Consider Buying Vantea SMART S.p.A. (BIT:VNT)?While Vantea SMART S.p.A. ( BIT:VNT ) might not have the largest market cap around , it led the BIT gainers with a...New Risk • Apr 19New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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 (34% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€11.2m market cap, or US$13.2m).Buy Or Sell Opportunity • Apr 10Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 20% to €0.81. The fair value is estimated to be €1.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 36% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 1.8% in 2 years. Earnings are forecast to grow by 26% in the next 2 years.New Risk • Mar 20New 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 6.1% 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 (34% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (€10.3m market cap, or US$11.9m).Buy Or Sell Opportunity • Mar 19Now 26% undervalued after recent price dropOver the last 90 days, the stock has fallen 26% to €0.75. The fair value is estimated to be €1.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 36% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 1.8% in 2 years. Earnings are forecast to grow by 26% in the next 2 years.分析記事 • Oct 12We Like Vantea SMART's (BIT:VNT) Earnings For More Than Just Statutory ProfitVantea SMART S.p.A.'s ( BIT:VNT ) recent earnings report didn't offer any surprises, with the shares unchanged over the...New Risk • Oct 12New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 34% 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 (34% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (€13.9m market cap, or US$16.2m).New Risk • Jul 06New 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 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (38% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (€15.2m market cap, or US$17.9m).Upcoming Dividend • Jun 30Upcoming dividend of €0.025 per shareEligible shareholders must have bought the stock before 07 July 2025. Payment date: 09 July 2025. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Italian dividend payers (5.3%). Higher than average of industry peers (1.1%).分析記事 • Jun 19Vantea SMART S.p.A.'s (BIT:VNT) 29% Share Price Surge Not Quite Adding UpVantea SMART S.p.A. ( BIT:VNT ) shares have had a really impressive month, gaining 29% after a shaky period beforehand...お知らせ • Jun 17Vantea SMART S.p.A., Annual General Meeting, Jun 29, 2025Vantea SMART S.p.A., Annual General Meeting, Jun 29, 2025, at 17:00 W. Europe Standard Time.Reported Earnings • Jun 16Full year 2024 earnings releasedFull year 2024 results: Revenue: €11.7m (up 5.1% from FY 2023). Net income: €497.0k (down 16% from FY 2023). Profit margin: 4.2% (down from 5.3% in FY 2023). The decrease in margin was driven by higher expenses.お知らせ • Jun 03Vantea SMART S.p.A. announces Annual dividend, payable on July 09, 2025Vantea SMART S.p.A. announced Annual dividend of EUR 0.0250 per share payable on July 09, 2025, ex-date on July 07, 2025 and record date on July 08, 2025.New Risk • Apr 19New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 46% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (€12.6m market cap, or US$14.3m).分析記事 • Apr 08Returns On Capital Signal Tricky Times Ahead For Vantea SMART (BIT:VNT)If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...New Risk • Jan 28New 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 Risks Share price has been highly volatile over the past 3 months (8.7% average weekly change). Earnings have declined by 46% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (€14.7m market cap, or US$15.4m).分析記事 • Dec 20There's Reason For Concern Over Vantea SMART S.p.A.'s (BIT:VNT) Massive 25% Price JumpThose holding Vantea SMART S.p.A. ( BIT:VNT ) shares would be relieved that the share price has rebounded 25% in the...分析記事 • Nov 22Vantea SMART (BIT:VNT) Has A Somewhat Strained Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Oct 18Some Confidence Is Lacking In Vantea SMART S.p.A. (BIT:VNT) As Shares Slide 28%To the annoyance of some shareholders, Vantea SMART S.p.A. ( BIT:VNT ) shares are down a considerable 28% in the last...分析記事 • Oct 05Vantea SMART (BIT:VNT) Will Want To Turn Around Its Return TrendsIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...Upcoming Dividend • Jun 03Upcoming dividend of €0.05 per shareEligible shareholders must have bought the stock before 10 June 2024. Payment date: 12 June 2024. Payout ratio is on the higher end at 81%, however this is supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Italian dividend payers (5.4%). Higher than average of industry peers (1.2%).New Risk • May 21New major risk - Revenue and earnings growthEarnings have declined by 7.2% 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 7.2% per year over the past 5 years. Minor Risks High level of debt (41% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.2% net profit margin). Shareholders have been diluted in the past year (2.9% increase in shares outstanding). Market cap is less than US$100m (€24.9m market cap, or US$27.0m).お知らせ • May 17Vantea SMART S.p.A., Annual General Meeting, May 30, 2024Vantea SMART S.p.A., Annual General Meeting, May 30, 2024, at 17:00 W. Europe Standard Time. Location: via tiburtina 1231, roma ItalyValuation Update With 7 Day Price Move • Apr 25Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €1.97, the stock trades at a trailing P/E ratio of 39.7x. Average forward P/E is 13x in the Software industry in Italy. Total loss to shareholders of 47% over the past three years.Buy Or Sell Opportunity • Apr 24Now 25% overvaluedOver the last 90 days, the stock has fallen 25% to €1.80. The fair value is estimated to be €1.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 45% over the last year. Earnings per share has declined by 68%. Revenue is forecast to decline by 30% in 2 years. Earnings are forecast to grow by 141% in the next 2 years.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: Minor Risks High level of debt (41% net debt to equity). Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.2% net profit margin). Shareholders have been diluted in the past year (3.3% increase in shares outstanding). Market cap is less than US$100m (€22.6m market cap, or US$24.0m).Buy Or Sell Opportunity • Apr 09Now 25% overvaluedOver the last 90 days, the stock has fallen 26% to €1.79. The fair value is estimated to be €1.44, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 45% over the last year. Earnings per share has declined by 68%. Revenue is forecast to decline by 30% in 2 years. Earnings are forecast to grow by 141% in the next 2 years.分析記事 • Dec 28Vantea SMART (BIT:VNT) Will Be Hoping To Turn Its Returns On Capital AroundIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...Valuation Update With 7 Day Price Move • Dec 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €2.50, the stock trades at a trailing P/E ratio of 50.6x. Average forward P/E is 21x in the Software industry in Italy. Total loss to shareholders of 39% over the past year.Valuation Update With 7 Day Price Move • Nov 24Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €2.07, the stock trades at a trailing P/E ratio of 41.9x. Average forward P/E is 17x in the Software industry in Italy. Total loss to shareholders of 56% over the past year.Valuation Update With 7 Day Price Move • Oct 18Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to €1.63, the stock trades at a trailing P/E ratio of 33x. Average forward P/E is 17x in the Software industry in Italy. Total loss to shareholders of 65% over the past year.New Risk • Oct 08New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 41% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks High level of debt (41% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.2% net profit margin). Shareholders have been diluted in the past year (3.3% increase in shares outstanding). Market cap is less than US$100m (€16.0m market cap, or US$17.0m).Reported Earnings • Oct 06First half 2023 earnings releasedFirst half 2023 results: Revenue: €9.22m (down 70% from 1H 2022). Net income: €542.2k (down 45% from 1H 2022). Profit margin: 5.9% (up from 3.2% in 1H 2022). Revenue is forecast to grow 49% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Italy.New Risk • Oct 02New 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 10% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (28% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.1% net profit margin). Shareholders have been diluted in the past year (3.1% increase in shares outstanding). Market cap is less than US$100m (€30.6m market cap, or US$32.1m).Valuation Update With 7 Day Price Move • Oct 02Investor sentiment deteriorates as stock falls 31%After last week's 31% share price decline to €1.70, the stock trades at a trailing P/E ratio of 20x. Average forward P/E is 20x in the Software industry in Italy. Total loss to shareholders of 69% over the past year.Upcoming Dividend • Jul 03Upcoming dividend of €0.04 per share at 1.3% yieldEligible shareholders must have bought the stock before 10 July 2023. Payment date: 12 July 2023. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 1.3%. Lower than top quartile of Italian dividend payers (5.2%). In line with average of industry peers (1.4%).New Risk • Jun 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.9% 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: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (28% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Profit margins are more than 30% lower than last year (2.1% net profit margin). Shareholders have been diluted in the past year (2.9% increase in shares outstanding). Market cap is less than US$100m (€43.2m market cap, or US$47.1m).New Risk • Jun 21New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.1% Last year net profit margin: 4.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (28% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Profit margins are more than 30% lower than last year (2.1% net profit margin). Market cap is less than US$100m (€42.1m market cap, or US$45.9m).Buying Opportunity • Jun 19Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 27%. The fair value is estimated to be €4.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 89% over the last year. Earnings per share has grown by 56%. Revenue is forecast to grow by 93% in 2 years. Earnings is forecast to grow by 309% in the next 2 years.Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €3.86, the stock trades at a trailing P/E ratio of 24.8x. Average forward P/E is 22x in the Software industry in Italy. Total loss to shareholders of 39% over the past year.Buying Opportunity • Apr 20Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 30%. The fair value is estimated to be €4.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 89% over the last year. Earnings per share has grown by 56%. Revenue is forecast to grow by 93% in 2 years. Earnings is forecast to grow by 309% in the next 2 years.分析記事 • Apr 20Returns On Capital Signal Tricky Times Ahead For Vantea SMART (BIT:VNT)If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...分析記事 • Jan 12Capital Allocation Trends At Vantea SMART (BIT:VNT) Aren't IdealIf you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...Price Target Changed • Nov 22Price target decreased to €10.00Down from €10.96, the current price target is an average from 2 analysts. New target price is 105% above last closing price of €4.88. Stock is down 34% over the past year. The company posted earnings per share of €0.13 last year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Giovanni Castellaneta was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Price Target Changed • Apr 27Price target increased to €10.96Up from €10.23, the current price target is an average from 2 analysts. New target price is 69% above last closing price of €6.49. Stock is up 64% over the past year.Board Change • Apr 27Less 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. 6 experienced directors. 1 highly experienced director. 1 independent director (3 non-independent directors). CFO & Vice Chairman of the Board Lara Lindozzi was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Price Target Changed • Mar 31Price target decreased to €10.23Down from €11.18, the current price target is provided by 1 analyst. New target price is 51% above last closing price of €6.75. Stock is up 68% over the past year.分析記事 • Feb 02Vantea SMART (BIT:VNT) Could Be Struggling To Allocate CapitalWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...分析記事 • Oct 04Vantea SMART's (BIT:VNT) Problems Go Beyond Weak ProfitA lackluster earnings announcement from Vantea SMART S.p.A. ( BIT:VNT ) last week didn't sink the stock price. We think...Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improved over the past weekAfter last week's 15% share price gain to €9.10, the stock trades at a trailing P/E ratio of 79.9x. Average forward P/E is 26x in the Software industry in Italy.財務状況分析短期負債: VNTの 短期資産 ( €13.0M ) が 短期負債 ( €6.0M ) を超えています。長期負債: VNTの短期資産 ( €13.0M ) が 長期負債 ( €7.9M ) 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: VNTの 純負債対資本比率 ( 17.5% ) は 満足できる 水準であると考えられます。負債の削減: VNTの負債対資本比率は、過去 5 年間で27.7%から38.8%に増加しました。債務返済能力: VNTの 営業キャッシュフロー はマイナスであるため、負債は十分にカバーされていません。インタレストカバレッジ: VNTの負債に対する 利息支払い は EBIT ( 10.9 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2026/05/11 04:25終値2026/05/11 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Vantea SMART 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。1 アナリスト機関Mattia PetraccaIntegrae SPA
分析記事 • Nov 22Vantea SMART (BIT:VNT) Has A Somewhat Strained Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
New Risk • May 05New 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 6.5% 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 (34% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (€11.7m market cap, or US$13.7m).
分析記事 • Apr 22Is It Too Late To Consider Buying Vantea SMART S.p.A. (BIT:VNT)?While Vantea SMART S.p.A. ( BIT:VNT ) might not have the largest market cap around , it led the BIT gainers with a...
New Risk • Apr 19New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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 (34% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€11.2m market cap, or US$13.2m).
Buy Or Sell Opportunity • Apr 10Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 20% to €0.81. The fair value is estimated to be €1.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 36% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 1.8% in 2 years. Earnings are forecast to grow by 26% in the next 2 years.
New Risk • Mar 20New 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 6.1% 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 (34% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (€10.3m market cap, or US$11.9m).
Buy Or Sell Opportunity • Mar 19Now 26% undervalued after recent price dropOver the last 90 days, the stock has fallen 26% to €0.75. The fair value is estimated to be €1.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 36% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 1.8% in 2 years. Earnings are forecast to grow by 26% in the next 2 years.
分析記事 • Oct 12We Like Vantea SMART's (BIT:VNT) Earnings For More Than Just Statutory ProfitVantea SMART S.p.A.'s ( BIT:VNT ) recent earnings report didn't offer any surprises, with the shares unchanged over the...
New Risk • Oct 12New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 34% 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 (34% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (€13.9m market cap, or US$16.2m).
New Risk • Jul 06New 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 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (38% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (€15.2m market cap, or US$17.9m).
Upcoming Dividend • Jun 30Upcoming dividend of €0.025 per shareEligible shareholders must have bought the stock before 07 July 2025. Payment date: 09 July 2025. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Italian dividend payers (5.3%). Higher than average of industry peers (1.1%).
分析記事 • Jun 19Vantea SMART S.p.A.'s (BIT:VNT) 29% Share Price Surge Not Quite Adding UpVantea SMART S.p.A. ( BIT:VNT ) shares have had a really impressive month, gaining 29% after a shaky period beforehand...
お知らせ • Jun 17Vantea SMART S.p.A., Annual General Meeting, Jun 29, 2025Vantea SMART S.p.A., Annual General Meeting, Jun 29, 2025, at 17:00 W. Europe Standard Time.
Reported Earnings • Jun 16Full year 2024 earnings releasedFull year 2024 results: Revenue: €11.7m (up 5.1% from FY 2023). Net income: €497.0k (down 16% from FY 2023). Profit margin: 4.2% (down from 5.3% in FY 2023). The decrease in margin was driven by higher expenses.
お知らせ • Jun 03Vantea SMART S.p.A. announces Annual dividend, payable on July 09, 2025Vantea SMART S.p.A. announced Annual dividend of EUR 0.0250 per share payable on July 09, 2025, ex-date on July 07, 2025 and record date on July 08, 2025.
New Risk • Apr 19New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 46% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (€12.6m market cap, or US$14.3m).
分析記事 • Apr 08Returns On Capital Signal Tricky Times Ahead For Vantea SMART (BIT:VNT)If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
New Risk • Jan 28New 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 Risks Share price has been highly volatile over the past 3 months (8.7% average weekly change). Earnings have declined by 46% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (€14.7m market cap, or US$15.4m).
分析記事 • Dec 20There's Reason For Concern Over Vantea SMART S.p.A.'s (BIT:VNT) Massive 25% Price JumpThose holding Vantea SMART S.p.A. ( BIT:VNT ) shares would be relieved that the share price has rebounded 25% in the...
分析記事 • Nov 22Vantea SMART (BIT:VNT) Has A Somewhat Strained Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Oct 18Some Confidence Is Lacking In Vantea SMART S.p.A. (BIT:VNT) As Shares Slide 28%To the annoyance of some shareholders, Vantea SMART S.p.A. ( BIT:VNT ) shares are down a considerable 28% in the last...
分析記事 • Oct 05Vantea SMART (BIT:VNT) Will Want To Turn Around Its Return TrendsIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
Upcoming Dividend • Jun 03Upcoming dividend of €0.05 per shareEligible shareholders must have bought the stock before 10 June 2024. Payment date: 12 June 2024. Payout ratio is on the higher end at 81%, however this is supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Italian dividend payers (5.4%). Higher than average of industry peers (1.2%).
New Risk • May 21New major risk - Revenue and earnings growthEarnings have declined by 7.2% 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 7.2% per year over the past 5 years. Minor Risks High level of debt (41% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.2% net profit margin). Shareholders have been diluted in the past year (2.9% increase in shares outstanding). Market cap is less than US$100m (€24.9m market cap, or US$27.0m).
お知らせ • May 17Vantea SMART S.p.A., Annual General Meeting, May 30, 2024Vantea SMART S.p.A., Annual General Meeting, May 30, 2024, at 17:00 W. Europe Standard Time. Location: via tiburtina 1231, roma Italy
Valuation Update With 7 Day Price Move • Apr 25Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €1.97, the stock trades at a trailing P/E ratio of 39.7x. Average forward P/E is 13x in the Software industry in Italy. Total loss to shareholders of 47% over the past three years.
Buy Or Sell Opportunity • Apr 24Now 25% overvaluedOver the last 90 days, the stock has fallen 25% to €1.80. The fair value is estimated to be €1.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 45% over the last year. Earnings per share has declined by 68%. Revenue is forecast to decline by 30% in 2 years. Earnings are forecast to grow by 141% in the next 2 years.
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: Minor Risks High level of debt (41% net debt to equity). Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.2% net profit margin). Shareholders have been diluted in the past year (3.3% increase in shares outstanding). Market cap is less than US$100m (€22.6m market cap, or US$24.0m).
Buy Or Sell Opportunity • Apr 09Now 25% overvaluedOver the last 90 days, the stock has fallen 26% to €1.79. The fair value is estimated to be €1.44, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 45% over the last year. Earnings per share has declined by 68%. Revenue is forecast to decline by 30% in 2 years. Earnings are forecast to grow by 141% in the next 2 years.
分析記事 • Dec 28Vantea SMART (BIT:VNT) Will Be Hoping To Turn Its Returns On Capital AroundIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
Valuation Update With 7 Day Price Move • Dec 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €2.50, the stock trades at a trailing P/E ratio of 50.6x. Average forward P/E is 21x in the Software industry in Italy. Total loss to shareholders of 39% over the past year.
Valuation Update With 7 Day Price Move • Nov 24Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €2.07, the stock trades at a trailing P/E ratio of 41.9x. Average forward P/E is 17x in the Software industry in Italy. Total loss to shareholders of 56% over the past year.
Valuation Update With 7 Day Price Move • Oct 18Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to €1.63, the stock trades at a trailing P/E ratio of 33x. Average forward P/E is 17x in the Software industry in Italy. Total loss to shareholders of 65% over the past year.
New Risk • Oct 08New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 41% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks High level of debt (41% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.2% net profit margin). Shareholders have been diluted in the past year (3.3% increase in shares outstanding). Market cap is less than US$100m (€16.0m market cap, or US$17.0m).
Reported Earnings • Oct 06First half 2023 earnings releasedFirst half 2023 results: Revenue: €9.22m (down 70% from 1H 2022). Net income: €542.2k (down 45% from 1H 2022). Profit margin: 5.9% (up from 3.2% in 1H 2022). Revenue is forecast to grow 49% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Italy.
New Risk • Oct 02New 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 10% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (28% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.1% net profit margin). Shareholders have been diluted in the past year (3.1% increase in shares outstanding). Market cap is less than US$100m (€30.6m market cap, or US$32.1m).
Valuation Update With 7 Day Price Move • Oct 02Investor sentiment deteriorates as stock falls 31%After last week's 31% share price decline to €1.70, the stock trades at a trailing P/E ratio of 20x. Average forward P/E is 20x in the Software industry in Italy. Total loss to shareholders of 69% over the past year.
Upcoming Dividend • Jul 03Upcoming dividend of €0.04 per share at 1.3% yieldEligible shareholders must have bought the stock before 10 July 2023. Payment date: 12 July 2023. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 1.3%. Lower than top quartile of Italian dividend payers (5.2%). In line with average of industry peers (1.4%).
New Risk • Jun 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.9% 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: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (28% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Profit margins are more than 30% lower than last year (2.1% net profit margin). Shareholders have been diluted in the past year (2.9% increase in shares outstanding). Market cap is less than US$100m (€43.2m market cap, or US$47.1m).
New Risk • Jun 21New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.1% Last year net profit margin: 4.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (28% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Profit margins are more than 30% lower than last year (2.1% net profit margin). Market cap is less than US$100m (€42.1m market cap, or US$45.9m).
Buying Opportunity • Jun 19Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 27%. The fair value is estimated to be €4.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 89% over the last year. Earnings per share has grown by 56%. Revenue is forecast to grow by 93% in 2 years. Earnings is forecast to grow by 309% in the next 2 years.
Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €3.86, the stock trades at a trailing P/E ratio of 24.8x. Average forward P/E is 22x in the Software industry in Italy. Total loss to shareholders of 39% over the past year.
Buying Opportunity • Apr 20Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 30%. The fair value is estimated to be €4.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 89% over the last year. Earnings per share has grown by 56%. Revenue is forecast to grow by 93% in 2 years. Earnings is forecast to grow by 309% in the next 2 years.
分析記事 • Apr 20Returns On Capital Signal Tricky Times Ahead For Vantea SMART (BIT:VNT)If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
分析記事 • Jan 12Capital Allocation Trends At Vantea SMART (BIT:VNT) Aren't IdealIf you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Price Target Changed • Nov 22Price target decreased to €10.00Down from €10.96, the current price target is an average from 2 analysts. New target price is 105% above last closing price of €4.88. Stock is down 34% over the past year. The company posted earnings per share of €0.13 last year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Giovanni Castellaneta was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Price Target Changed • Apr 27Price target increased to €10.96Up from €10.23, the current price target is an average from 2 analysts. New target price is 69% above last closing price of €6.49. Stock is up 64% over the past year.
Board Change • Apr 27Less 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. 6 experienced directors. 1 highly experienced director. 1 independent director (3 non-independent directors). CFO & Vice Chairman of the Board Lara Lindozzi was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Price Target Changed • Mar 31Price target decreased to €10.23Down from €11.18, the current price target is provided by 1 analyst. New target price is 51% above last closing price of €6.75. Stock is up 68% over the past year.
分析記事 • Feb 02Vantea SMART (BIT:VNT) Could Be Struggling To Allocate CapitalWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
分析記事 • Oct 04Vantea SMART's (BIT:VNT) Problems Go Beyond Weak ProfitA lackluster earnings announcement from Vantea SMART S.p.A. ( BIT:VNT ) last week didn't sink the stock price. We think...
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improved over the past weekAfter last week's 15% share price gain to €9.10, the stock trades at a trailing P/E ratio of 79.9x. Average forward P/E is 26x in the Software industry in Italy.