View ValuationFNM 将来の成長Future 基準チェック /06FNMの収益と利益は、それぞれ年間3.5%と5.8%減少すると予測されています。EPS は年間4.9%で 減少すると予想されています。自己資本利益率は 3 年後に10.6%になると予測されています。主要情報-5.8%収益成長率-4.91%EPS成長率Transportation 収益成長10.7%収益成長率-3.5%将来の株主資本利益率10.57%アナリストカバレッジLow最終更新日22 May 2026今後の成長に関する最新情報Major Estimate Revision • Jun 18Consensus EPS estimates increase by 16%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €640.7m to €621.7m. EPS estimate rose from €0.14 to €0.163. Net income forecast to shrink 19% next year vs 7.4% growth forecast for Transportation industry in Italy . Consensus price target broadly unchanged at €0.68. Share price fell 9.0% to €0.45 over the past week.Major Estimate Revision • Feb 06Consensus EPS estimates increase by 21%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from €644.4m to €701.0m. EPS estimate increased from €0.12 to €0.145 per share. Net income forecast to shrink 18% next year vs 3.1% decline forecast for Transportation industry in Italy. Consensus price target of €0.64 unchanged from last update. Share price was steady at €0.44 over the past week.分析記事 • Aug 05Analysts Are Updating Their FNM S.p.A. (BIT:FNM) Estimates After Its Half-Year ResultsAs you might know, FNM S.p.A. ( BIT:FNM ) recently reported its interim numbers. It was an okay report, and revenues...Major Estimate Revision • Jun 08Consensus EPS estimates fall by 30%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €0.143 to €0.101 per share. Revenue forecast steady at €645.8m. Net income forecast to shrink 37% next year vs 0.1% growth forecast for Transportation industry in Italy . Consensus price target broadly unchanged at €0.67. Share price was steady at €0.44 over the past week.Major Estimate Revision • Oct 12Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.12 to €0.14. Revenue forecast steady at €616.9m. Net income forecast to shrink 22% next year vs 1.4% decline forecast for Transportation industry in Italy. Consensus price target down from €0.92 to €0.81. Share price was steady at €0.45 over the past week.Major Estimate Revision • Apr 09Consensus EPS estimates increase by 30%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from €576.9m to €584.2m. EPS estimate increased from €0.10 to €0.13 per share. Net income forecast to grow 39% next year vs 5.6% growth forecast for Transportation industry in Italy. Consensus price target broadly unchanged at €0.92. Share price fell 5.9% to €0.51 over the past week.すべての更新を表示Recent updatesUpcoming Dividend • May 25Upcoming dividend of €0.023 per shareEligible shareholders must have bought the stock before 01 June 2026. Payment date: 03 June 2026. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 4.5%. Within top quartile of Italian dividend payers (4.5%). Higher than average of industry peers (3.8%).New Risk • Apr 02New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (10% operating cash flow to total debt). Earnings are forecast to decline by an average of 2.8% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Declared Dividend • Mar 25Dividend increased to €0.023Dividend of €0.023 is 25% higher than last year. Ex-date: 1st June 2026 Payment date: 3rd June 2026 Dividend yield will be 4.9%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 2.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 35% over the next 3 years. However, it would need to fall by 87% to increase the payout ratio to a potentially unsustainable range.お知らせ • Mar 24FNM S.p.A. announces Annual dividend, payable on June 03, 2026FNM S.p.A. announced Annual dividend of EUR 0.0230 per share payable on June 03, 2026, ex-date on June 01, 2026 and record date on June 02, 2026.お知らせ • Feb 17+ 1 more updateFNM S.p.A. to Report Fiscal Year 2025 Final Results on Mar 19, 2026FNM S.p.A. announced that they will report fiscal year 2025 final results on Mar 19, 2026分析記事 • Nov 21FNM's (BIT:FNM) Problems Go Beyond Weak ProfitA lackluster earnings announcement from FNM S.p.A. ( BIT:FNM ) last week didn't sink the stock price. Our analysis...Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: €0.044 (vs €0.05 in 3Q 2024)Third quarter 2025 results: EPS: €0.044 (down from €0.05 in 3Q 2024). Revenue: €253.6m (up 8.9% from 3Q 2024). Net income: €19.7m (down 15% from 3Q 2024). Profit margin: 7.8% (down from 10.0% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 9.6% p.a. on average during the next 3 years, while revenues in the Transportation industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 1% per year.分析記事 • Aug 26FNM S.p.A. (BIT:FNM) Surges 25% Yet Its Low P/E Is No Reason For ExcitementFNM S.p.A. ( BIT:FNM ) shareholders have had their patience rewarded with a 25% share price jump in the last month...Reported Earnings • Aug 05Second quarter 2025 earnings released: EPS: €0.069 (vs €0.04 in 2Q 2024)Second quarter 2025 results: EPS: €0.069 (up from €0.04 in 2Q 2024). Revenue: €235.6m (up 6.5% from 2Q 2024). Net income: €29.8m (up 78% from 2Q 2024). Profit margin: 13% (up from 7.6% in 2Q 2024). Revenue is expected to decline by 9.5% p.a. on average during the next 3 years, while revenues in the Transportation industry in Europe are expected to grow by 2.4%. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 1% per year.Upcoming Dividend • May 26Upcoming dividend of €0.018 per shareEligible shareholders must have bought the stock before 02 June 2025. Payment date: 04 June 2025. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of Italian dividend payers (5.4%). Higher than average of industry peers (3.3%).New Risk • May 22New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. 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 (6.2% net profit margin).分析記事 • May 21FNM's (BIT:FNM) Shareholders Have More To Worry About Than Only Soft EarningsA lackluster earnings announcement from FNM S.p.A. ( BIT:FNM ) last week didn't sink the stock price. However, we...Reported Earnings • May 16First quarter 2025 earnings released: EPS: €0.03 (vs €0.03 in 1Q 2024)First quarter 2025 results: EPS: €0.03 (in line with 1Q 2024). Revenue: €208.5m (up 23% from 1Q 2024). Net income: €12.1m (down 11% from 1Q 2024). Profit margin: 5.8% (down from 7.9% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 7.9% p.a. on average during the next 3 years, while revenues in the Transportation industry in Europe are expected to grow by 2.7%. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.New Risk • May 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 29% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Earnings are forecast to decline by an average of 29% per year for the foreseeable future. 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 (6.5% net profit margin).分析記事 • Mar 28FNM (BIT:FNM) Is Reducing Its Dividend To €0.0184FNM S.p.A. ( BIT:FNM ) has announced it will be reducing its dividend payable on the 4th of June to €0.0184, which is...Declared Dividend • Mar 27Dividend reduced to €0.018Dividend of €0.018 is 20% lower than last year. Ex-date: 2nd June 2025 Payment date: 4th June 2025 Dividend yield will be 4.4%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has increased by an average of 5.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 49% over the next 2 years. However, it would need to fall by 86% to increase the payout ratio to a potentially unsustainable range.お知らせ • Mar 26FNM S.p.A. announces Annual dividend, payable on June 04, 2025FNM S.p.A. announced Annual dividend of EUR 0.0184 per share payable on June 04, 2025, ex-date on June 02, 2025 and record date on June 03, 2025.お知らせ • Jan 31+ 3 more updatesFNM S.p.A. to Report Q1, 2025 Results on May 14, 2025FNM S.p.A. announced that they will report Q1, 2025 results on May 14, 2025Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: €0.055 (vs €0.043 in 3Q 2023)Third quarter 2024 results: EPS: €0.055 (up from €0.043 in 3Q 2023). Revenue: €65.0m (down 64% from 3Q 2023). Net income: €24.0m (up 15% from 3Q 2023). Profit margin: 37% (up from 12% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.8% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 04Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €135.5m (down 30% from 2Q 2023). Net income: €16.8m (down 28% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). Revenue is expected to decline by 2.2% p.a. on average during the next 3 years, while revenues in the Transportation industry in Europe are expected to grow by 2.6%. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.お知らせ • Jun 26FNM S.p.A. agreed to acquire remaining 42% stake in Nordcom S.P.A from Tim Group.FNM S.p.A. agreed to acquire remaining 42% stake in Nordcom S.P.A from Tim Group on June 25, 2024. As of year ended 2023, Nordcom reported revenue of €23.5 million, EBITDA of €3.7 million and net income of €1.1 million.Major Estimate Revision • Jun 18Consensus EPS estimates increase by 16%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €640.7m to €621.7m. EPS estimate rose from €0.14 to €0.163. Net income forecast to shrink 19% next year vs 7.4% growth forecast for Transportation industry in Italy . Consensus price target broadly unchanged at €0.68. Share price fell 9.0% to €0.45 over the past week.Upcoming Dividend • May 27Upcoming dividend of €0.023 per shareEligible shareholders must have bought the stock before 03 June 2024. Payment date: 05 June 2024. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Italian dividend payers (5.3%). In line with average of industry peers (4.5%).New Risk • Apr 05New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Earnings are forecast to decline by an average of 6.9% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Buy Or Sell Opportunity • Mar 27Now 20% overvaluedOver the last 90 days, the stock has fallen 4.8% to €0.43. The fair value is estimated to be €0.36, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 7.0% in 2 years. Earnings are forecast to decline by 30% in the next 2 years.Declared Dividend • Mar 17Dividend of €0.023 announcedShareholders will receive a dividend of €0.023. Ex-date: 3rd June 2024 Payment date: 5th June 2024 Dividend yield will be 5.3%, which is higher than the industry average of 1.9%. Sustainability & Growth The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 26% over the next 3 years. However, it would need to fall by 86% to increase the payout ratio to a potentially unsustainable range.New Risk • Mar 07New 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 Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Earnings are forecast to decline by an average of 9.2% per year for the foreseeable future. Minor Risks 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.Major Estimate Revision • Feb 06Consensus EPS estimates increase by 21%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from €644.4m to €701.0m. EPS estimate increased from €0.12 to €0.145 per share. Net income forecast to shrink 18% next year vs 3.1% decline forecast for Transportation industry in Italy. Consensus price target of €0.64 unchanged from last update. Share price was steady at €0.44 over the past week.お知らせ • Feb 02FNM S.p.A., Annual General Meeting, Apr 23, 2024FNM S.p.A., Annual General Meeting, Apr 23, 2024.お知らせ • Jan 31+ 4 more updatesFNM S.p.A., Annual General Meeting, Apr 22, 2024FNM S.p.A., Annual General Meeting, Apr 22, 2024. Agenda: To approve the Statutory Financial Statements at 31 December 2023.分析記事 • Dec 05FNM (BIT:FNM) Takes On Some Risk With Its Use Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Aug 05Analysts Are Updating Their FNM S.p.A. (BIT:FNM) Estimates After Its Half-Year ResultsAs you might know, FNM S.p.A. ( BIT:FNM ) recently reported its interim numbers. It was an okay report, and revenues...Reported Earnings • Aug 03Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: €146.8m (down 18% from 2Q 2022). Net income: €23.2m (up 26% from 2Q 2022). Profit margin: 16% (up from 10% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Transportation industry in Europe.Major Estimate Revision • Jun 08Consensus EPS estimates fall by 30%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €0.143 to €0.101 per share. Revenue forecast steady at €645.8m. Net income forecast to shrink 37% next year vs 0.1% growth forecast for Transportation industry in Italy . Consensus price target broadly unchanged at €0.67. Share price was steady at €0.44 over the past week.Upcoming Dividend • May 29Upcoming dividend of €0.023 per share at 5.2% yieldEligible shareholders must have bought the stock before 05 June 2023. Payment date: 07 June 2023. Trailing yield: 5.2%. Lower than top quartile of Italian dividend payers (5.3%). In line with average of industry peers (5.1%).Reported Earnings • Mar 17Full year 2022 earnings releasedFull year 2022 results: Revenue: €605.4m (up 3.9% from FY 2021). Net income: €68.5m (up 68% from FY 2021). Profit margin: 11% (up from 7.0% in FY 2021). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Transportation industry in Europe.Buying Opportunity • Dec 07Now 20% undervaluedOver the last 90 days, the stock is up 2.6%. The fair value is estimated to be €0.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Earnings per share has grown by 45%. For the next 3 years, revenue is forecast to grow by 3.7% per annum. Earnings is also forecast to grow by 1.5% per annum over the same time period.Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 6 new directors. 4 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Member of Statutory Auditor Massimo Codari is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Major Estimate Revision • Oct 12Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.12 to €0.14. Revenue forecast steady at €616.9m. Net income forecast to shrink 22% next year vs 1.4% decline forecast for Transportation industry in Italy. Consensus price target down from €0.92 to €0.81. Share price was steady at €0.45 over the past week.分析記事 • Oct 11FNM (BIT:FNM) Is Doing The Right Things To Multiply Its Share PriceIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Reported Earnings • Sep 30Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: €145.6m (down 16% from 2Q 2021). Net income: €18.4m (up €24.0m from 2Q 2021). Profit margin: 13% (up from net loss in 2Q 2021). The move to profitability was driven by lower expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Board Change • Apr 27Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 7 new directors. 3 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Member of Statutory Auditor Massimo Codari is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Major Estimate Revision • Apr 09Consensus EPS estimates increase by 30%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from €576.9m to €584.2m. EPS estimate increased from €0.10 to €0.13 per share. Net income forecast to grow 39% next year vs 5.6% growth forecast for Transportation industry in Italy. Consensus price target broadly unchanged at €0.92. Share price fell 5.9% to €0.51 over the past week.分析記事 • Mar 06Is FNM S.p.A. (BIT:FNM) Potentially Undervalued?FNM S.p.A. ( BIT:FNM ), is not the largest company out there, but it saw significant share price movement during recent...Reported Earnings • Nov 14Third quarter 2021 earnings releasedThe company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €114.7m (up 70% from 3Q 2020). Net income: €34.8m (up 399% from 3Q 2020). Profit margin: 30% (up from 10% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.分析記事 • Oct 16Returns Are Gaining Momentum At FNM (BIT:FNM)If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...分析記事 • Sep 20Is FNM (BIT:FNM) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Aug 02Second quarter 2021 earnings releasedThe company reported a decent second quarter result with improved revenues, although losses increased and control over costs was weaker. Second quarter 2021 results: Revenue: €146.4m (up 157% from 2Q 2020). Net loss: €5.69m (loss widened 298% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Price Target Changed • Jun 18Price target increased to €0.93Up from €0.80, the current price target is an average from 2 analysts. New target price is 38% above last closing price of €0.67. Stock is up 54% over the past year.Major Estimate Revision • May 26Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate increased from €0.068 to €0.086. Revenue forecast steady at €475.8m. Net income forecast to grow 21% next year vs 27% growth forecast for Transportation industry in Italy. Consensus price target broadly unchanged at €0.80. Share price was steady at €0.69 over the past week.Price Target Changed • May 23Price target increased to €0.80Up from €0.60, the current price target is an average from 2 analysts. New target price is 18% above last closing price of €0.68. Stock is up 65% over the past year.分析記事 • May 18Is It Time To Consider Buying FNM S.p.A. (BIT:FNM)?While FNM S.p.A. ( BIT:FNM ) might not be the most widely known stock at the moment, it led the BIT gainers with a...分析記事 • Apr 19These 4 Measures Indicate That FNM (BIT:FNM) Is Using Debt SafelyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Major Estimate Revision • Apr 16Consensus revenue estimates increase to €466.0mThe consensus outlook for revenues in 2021 has improved. 2021 revenue forecast increased from €277.0m to €466.0m. EPS estimate increased from €0.03 to €0.086 per share. Net income forecast to shrink 50% next year vs 1.3% growth forecast for Transportation industry in Italy . Consensus price target up from €0.39 to €0.60. Share price was steady at €0.71 over the past week.分析記事 • Apr 06Know This Before Buying FNM S.p.A. (BIT:FNM) For Its DividendIs FNM S.p.A. ( BIT:FNM ) a good dividend stock? How can we tell? Dividend paying companies with growing earnings can...分析記事 • Mar 24Return Trends At FNM (BIT:FNM) Aren't AppealingIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Is New 90 Day High Low • Mar 09New 90-day high: €0.61The company is up 6.0% from its price of €0.57 on 09 December 2020. The Italian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Transportation industry, which is down 1.0% over the same period.分析記事 • Mar 08FNM S.p.A. (BIT:FNM) Has Fared Decently But Fundamentals Look Uncertain: What Lies Ahead For The Stock?Most readers would already know that FNM's (BIT:FNM) stock increased by 4.6% over the past month. Given that the stock...分析記事 • Feb 22What Is The Ownership Structure Like For FNM S.p.A. (BIT:FNM)?Every investor in FNM S.p.A. ( BIT:FNM ) should be aware of the most powerful shareholder groups. Generally speaking...分析記事 • Feb 08At €0.56, Is FNM S.p.A. (BIT:FNM) Worth Looking At Closely?FNM S.p.A. ( BIT:FNM ), is not the largest company out there, but it led the BIT gainers with a relatively large price...分析記事 • Jan 24Would Shareholders Who Purchased FNM's (BIT:FNM) Stock Three Years Be Happy With The Share price Today?While it may not be enough for some shareholders, we think it is good to see the FNM S.p.A. ( BIT:FNM ) share price up...分析記事 • Jan 11Are FNM's (BIT:FNM) Statutory Earnings A Good Guide To Its Underlying Profitability?Broadly speaking, profitable businesses are less risky than unprofitable ones. That said, the current statutory profit...分析記事 • Dec 28These 4 Measures Indicate That FNM (BIT:FNM) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...分析記事 • Dec 14Here's What To Make Of FNM's (BIT:FNM) Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS €0.016The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: €82.7m (up 11% from 3Q 2019). Net income: €6.98m (down 23% from 3Q 2019). Profit margin: 8.4% (down from 12% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Oct 29New 90-day low: €0.42The company is down 4.0% from its price of €0.45 on 30 July 2020. The Italian market is down 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Transportation industry, which is down 1.0% over the same period.業績と収益の成長予測BIT:FNM - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202877262-54164212/31/202772956-53145312/31/202669454-10619933/31/20268617516124N/A12/31/20258747441136N/A9/30/20259376732132N/A6/30/20259387154156N/A3/31/20259395851156N/A12/31/202490959107196N/A9/30/202484680137199N/A6/30/202479478151202N/A3/31/202475984167212N/A12/31/202375181135183N/A9/30/202370685109158N/A6/30/20236968185145N/A3/31/20236817661153N/A12/31/20226756858145N/A9/30/202265157101183N/A6/30/20226577571144N/A3/31/202263651117149N/A12/31/202158441102140N/A9/30/202150540-1181N/A6/30/202140512-1965N/A3/31/202132217-6513N/A12/31/202029324-607N/A9/30/202028413-1017N/A6/30/2020283153664N/A3/31/2020278245290N/A12/31/201928130N/A80N/A9/30/201927725N/A83N/A6/30/201927824N/A54N/A3/31/201927526N/A59N/A12/31/201827128N/A98N/A9/30/201825635N/A89N/A6/30/201822734N/A92N/A3/31/201820635N/A70N/A12/31/201718535N/A48N/A9/30/201718332N/A68N/A6/30/201717931N/A49N/A3/31/201718229N/A47N/A12/31/201617826N/A41N/A9/30/201617521N/A52N/A6/30/201617523N/A98N/A3/31/201617720N/A56N/A12/31/201517820N/A50N/A9/30/201518122N/A25N/A6/30/201517921N/A-6N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: FNMの収益は今後 3 年間で減少すると予測されています (年間-5.8% )。収益対市場: FNMの収益は今後 3 年間で減少すると予測されています (年間-5.8% )。高成長収益: FNMの収益は今後 3 年間で減少すると予測されています。収益対市場: FNMの収益は今後 3 年間で減少すると予想されています (年間-3.5% )。高い収益成長: FNMの収益は今後 3 年間で減少すると予測されています (年間-3.5% )。一株当たり利益成長率予想将来の株主資本利益率将来のROE: FNMの 自己資本利益率 は、3年後には低くなると予測されています ( 10.6 %)。成長企業の発掘7D1Y7D1Y7D1YTransportation 業界の高成長企業。View Past Performance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2026/05/26 14:54終値2026/05/26 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋FNM S.p.A. 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。6 アナリスト機関Dario MichiBNP ParibasDomenico GhilottiEquita SIM S.p.A.Stefano GamberiniEquita SIM S.p.A.3 その他のアナリストを表示
Major Estimate Revision • Jun 18Consensus EPS estimates increase by 16%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €640.7m to €621.7m. EPS estimate rose from €0.14 to €0.163. Net income forecast to shrink 19% next year vs 7.4% growth forecast for Transportation industry in Italy . Consensus price target broadly unchanged at €0.68. Share price fell 9.0% to €0.45 over the past week.
Major Estimate Revision • Feb 06Consensus EPS estimates increase by 21%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from €644.4m to €701.0m. EPS estimate increased from €0.12 to €0.145 per share. Net income forecast to shrink 18% next year vs 3.1% decline forecast for Transportation industry in Italy. Consensus price target of €0.64 unchanged from last update. Share price was steady at €0.44 over the past week.
分析記事 • Aug 05Analysts Are Updating Their FNM S.p.A. (BIT:FNM) Estimates After Its Half-Year ResultsAs you might know, FNM S.p.A. ( BIT:FNM ) recently reported its interim numbers. It was an okay report, and revenues...
Major Estimate Revision • Jun 08Consensus EPS estimates fall by 30%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €0.143 to €0.101 per share. Revenue forecast steady at €645.8m. Net income forecast to shrink 37% next year vs 0.1% growth forecast for Transportation industry in Italy . Consensus price target broadly unchanged at €0.67. Share price was steady at €0.44 over the past week.
Major Estimate Revision • Oct 12Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.12 to €0.14. Revenue forecast steady at €616.9m. Net income forecast to shrink 22% next year vs 1.4% decline forecast for Transportation industry in Italy. Consensus price target down from €0.92 to €0.81. Share price was steady at €0.45 over the past week.
Major Estimate Revision • Apr 09Consensus EPS estimates increase by 30%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from €576.9m to €584.2m. EPS estimate increased from €0.10 to €0.13 per share. Net income forecast to grow 39% next year vs 5.6% growth forecast for Transportation industry in Italy. Consensus price target broadly unchanged at €0.92. Share price fell 5.9% to €0.51 over the past week.
Upcoming Dividend • May 25Upcoming dividend of €0.023 per shareEligible shareholders must have bought the stock before 01 June 2026. Payment date: 03 June 2026. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 4.5%. Within top quartile of Italian dividend payers (4.5%). Higher than average of industry peers (3.8%).
New Risk • Apr 02New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (10% operating cash flow to total debt). Earnings are forecast to decline by an average of 2.8% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Declared Dividend • Mar 25Dividend increased to €0.023Dividend of €0.023 is 25% higher than last year. Ex-date: 1st June 2026 Payment date: 3rd June 2026 Dividend yield will be 4.9%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 2.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 35% over the next 3 years. However, it would need to fall by 87% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Mar 24FNM S.p.A. announces Annual dividend, payable on June 03, 2026FNM S.p.A. announced Annual dividend of EUR 0.0230 per share payable on June 03, 2026, ex-date on June 01, 2026 and record date on June 02, 2026.
お知らせ • Feb 17+ 1 more updateFNM S.p.A. to Report Fiscal Year 2025 Final Results on Mar 19, 2026FNM S.p.A. announced that they will report fiscal year 2025 final results on Mar 19, 2026
分析記事 • Nov 21FNM's (BIT:FNM) Problems Go Beyond Weak ProfitA lackluster earnings announcement from FNM S.p.A. ( BIT:FNM ) last week didn't sink the stock price. Our analysis...
Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: €0.044 (vs €0.05 in 3Q 2024)Third quarter 2025 results: EPS: €0.044 (down from €0.05 in 3Q 2024). Revenue: €253.6m (up 8.9% from 3Q 2024). Net income: €19.7m (down 15% from 3Q 2024). Profit margin: 7.8% (down from 10.0% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to decline by 9.6% p.a. on average during the next 3 years, while revenues in the Transportation industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 1% per year.
分析記事 • Aug 26FNM S.p.A. (BIT:FNM) Surges 25% Yet Its Low P/E Is No Reason For ExcitementFNM S.p.A. ( BIT:FNM ) shareholders have had their patience rewarded with a 25% share price jump in the last month...
Reported Earnings • Aug 05Second quarter 2025 earnings released: EPS: €0.069 (vs €0.04 in 2Q 2024)Second quarter 2025 results: EPS: €0.069 (up from €0.04 in 2Q 2024). Revenue: €235.6m (up 6.5% from 2Q 2024). Net income: €29.8m (up 78% from 2Q 2024). Profit margin: 13% (up from 7.6% in 2Q 2024). Revenue is expected to decline by 9.5% p.a. on average during the next 3 years, while revenues in the Transportation industry in Europe are expected to grow by 2.4%. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 1% per year.
Upcoming Dividend • May 26Upcoming dividend of €0.018 per shareEligible shareholders must have bought the stock before 02 June 2025. Payment date: 04 June 2025. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of Italian dividend payers (5.4%). Higher than average of industry peers (3.3%).
New Risk • May 22New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. 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 (6.2% net profit margin).
分析記事 • May 21FNM's (BIT:FNM) Shareholders Have More To Worry About Than Only Soft EarningsA lackluster earnings announcement from FNM S.p.A. ( BIT:FNM ) last week didn't sink the stock price. However, we...
Reported Earnings • May 16First quarter 2025 earnings released: EPS: €0.03 (vs €0.03 in 1Q 2024)First quarter 2025 results: EPS: €0.03 (in line with 1Q 2024). Revenue: €208.5m (up 23% from 1Q 2024). Net income: €12.1m (down 11% from 1Q 2024). Profit margin: 5.8% (down from 7.9% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 7.9% p.a. on average during the next 3 years, while revenues in the Transportation industry in Europe are expected to grow by 2.7%. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
New Risk • May 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 29% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Earnings are forecast to decline by an average of 29% per year for the foreseeable future. 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 (6.5% net profit margin).
分析記事 • Mar 28FNM (BIT:FNM) Is Reducing Its Dividend To €0.0184FNM S.p.A. ( BIT:FNM ) has announced it will be reducing its dividend payable on the 4th of June to €0.0184, which is...
Declared Dividend • Mar 27Dividend reduced to €0.018Dividend of €0.018 is 20% lower than last year. Ex-date: 2nd June 2025 Payment date: 4th June 2025 Dividend yield will be 4.4%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has increased by an average of 5.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 49% over the next 2 years. However, it would need to fall by 86% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Mar 26FNM S.p.A. announces Annual dividend, payable on June 04, 2025FNM S.p.A. announced Annual dividend of EUR 0.0184 per share payable on June 04, 2025, ex-date on June 02, 2025 and record date on June 03, 2025.
お知らせ • Jan 31+ 3 more updatesFNM S.p.A. to Report Q1, 2025 Results on May 14, 2025FNM S.p.A. announced that they will report Q1, 2025 results on May 14, 2025
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: €0.055 (vs €0.043 in 3Q 2023)Third quarter 2024 results: EPS: €0.055 (up from €0.043 in 3Q 2023). Revenue: €65.0m (down 64% from 3Q 2023). Net income: €24.0m (up 15% from 3Q 2023). Profit margin: 37% (up from 12% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 2.8% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 04Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €135.5m (down 30% from 2Q 2023). Net income: €16.8m (down 28% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). Revenue is expected to decline by 2.2% p.a. on average during the next 3 years, while revenues in the Transportation industry in Europe are expected to grow by 2.6%. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
お知らせ • Jun 26FNM S.p.A. agreed to acquire remaining 42% stake in Nordcom S.P.A from Tim Group.FNM S.p.A. agreed to acquire remaining 42% stake in Nordcom S.P.A from Tim Group on June 25, 2024. As of year ended 2023, Nordcom reported revenue of €23.5 million, EBITDA of €3.7 million and net income of €1.1 million.
Major Estimate Revision • Jun 18Consensus EPS estimates increase by 16%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €640.7m to €621.7m. EPS estimate rose from €0.14 to €0.163. Net income forecast to shrink 19% next year vs 7.4% growth forecast for Transportation industry in Italy . Consensus price target broadly unchanged at €0.68. Share price fell 9.0% to €0.45 over the past week.
Upcoming Dividend • May 27Upcoming dividend of €0.023 per shareEligible shareholders must have bought the stock before 03 June 2024. Payment date: 05 June 2024. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Italian dividend payers (5.3%). In line with average of industry peers (4.5%).
New Risk • Apr 05New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Earnings are forecast to decline by an average of 6.9% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Buy Or Sell Opportunity • Mar 27Now 20% overvaluedOver the last 90 days, the stock has fallen 4.8% to €0.43. The fair value is estimated to be €0.36, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 7.0% in 2 years. Earnings are forecast to decline by 30% in the next 2 years.
Declared Dividend • Mar 17Dividend of €0.023 announcedShareholders will receive a dividend of €0.023. Ex-date: 3rd June 2024 Payment date: 5th June 2024 Dividend yield will be 5.3%, which is higher than the industry average of 1.9%. Sustainability & Growth The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 26% over the next 3 years. However, it would need to fall by 86% to increase the payout ratio to a potentially unsustainable range.
New Risk • Mar 07New 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 Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Earnings are forecast to decline by an average of 9.2% per year for the foreseeable future. Minor Risks 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.
Major Estimate Revision • Feb 06Consensus EPS estimates increase by 21%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from €644.4m to €701.0m. EPS estimate increased from €0.12 to €0.145 per share. Net income forecast to shrink 18% next year vs 3.1% decline forecast for Transportation industry in Italy. Consensus price target of €0.64 unchanged from last update. Share price was steady at €0.44 over the past week.
お知らせ • Feb 02FNM S.p.A., Annual General Meeting, Apr 23, 2024FNM S.p.A., Annual General Meeting, Apr 23, 2024.
お知らせ • Jan 31+ 4 more updatesFNM S.p.A., Annual General Meeting, Apr 22, 2024FNM S.p.A., Annual General Meeting, Apr 22, 2024. Agenda: To approve the Statutory Financial Statements at 31 December 2023.
分析記事 • Dec 05FNM (BIT:FNM) Takes On Some Risk With Its Use Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Aug 05Analysts Are Updating Their FNM S.p.A. (BIT:FNM) Estimates After Its Half-Year ResultsAs you might know, FNM S.p.A. ( BIT:FNM ) recently reported its interim numbers. It was an okay report, and revenues...
Reported Earnings • Aug 03Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: €146.8m (down 18% from 2Q 2022). Net income: €23.2m (up 26% from 2Q 2022). Profit margin: 16% (up from 10% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Transportation industry in Europe.
Major Estimate Revision • Jun 08Consensus EPS estimates fall by 30%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €0.143 to €0.101 per share. Revenue forecast steady at €645.8m. Net income forecast to shrink 37% next year vs 0.1% growth forecast for Transportation industry in Italy . Consensus price target broadly unchanged at €0.67. Share price was steady at €0.44 over the past week.
Upcoming Dividend • May 29Upcoming dividend of €0.023 per share at 5.2% yieldEligible shareholders must have bought the stock before 05 June 2023. Payment date: 07 June 2023. Trailing yield: 5.2%. Lower than top quartile of Italian dividend payers (5.3%). In line with average of industry peers (5.1%).
Reported Earnings • Mar 17Full year 2022 earnings releasedFull year 2022 results: Revenue: €605.4m (up 3.9% from FY 2021). Net income: €68.5m (up 68% from FY 2021). Profit margin: 11% (up from 7.0% in FY 2021). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Transportation industry in Europe.
Buying Opportunity • Dec 07Now 20% undervaluedOver the last 90 days, the stock is up 2.6%. The fair value is estimated to be €0.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Earnings per share has grown by 45%. For the next 3 years, revenue is forecast to grow by 3.7% per annum. Earnings is also forecast to grow by 1.5% per annum over the same time period.
Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 6 new directors. 4 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Member of Statutory Auditor Massimo Codari is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Major Estimate Revision • Oct 12Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.12 to €0.14. Revenue forecast steady at €616.9m. Net income forecast to shrink 22% next year vs 1.4% decline forecast for Transportation industry in Italy. Consensus price target down from €0.92 to €0.81. Share price was steady at €0.45 over the past week.
分析記事 • Oct 11FNM (BIT:FNM) Is Doing The Right Things To Multiply Its Share PriceIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Reported Earnings • Sep 30Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: €145.6m (down 16% from 2Q 2021). Net income: €18.4m (up €24.0m from 2Q 2021). Profit margin: 13% (up from net loss in 2Q 2021). The move to profitability was driven by lower expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Board Change • Apr 27Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 7 new directors. 3 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Member of Statutory Auditor Massimo Codari is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Major Estimate Revision • Apr 09Consensus EPS estimates increase by 30%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from €576.9m to €584.2m. EPS estimate increased from €0.10 to €0.13 per share. Net income forecast to grow 39% next year vs 5.6% growth forecast for Transportation industry in Italy. Consensus price target broadly unchanged at €0.92. Share price fell 5.9% to €0.51 over the past week.
分析記事 • Mar 06Is FNM S.p.A. (BIT:FNM) Potentially Undervalued?FNM S.p.A. ( BIT:FNM ), is not the largest company out there, but it saw significant share price movement during recent...
Reported Earnings • Nov 14Third quarter 2021 earnings releasedThe company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €114.7m (up 70% from 3Q 2020). Net income: €34.8m (up 399% from 3Q 2020). Profit margin: 30% (up from 10% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
分析記事 • Oct 16Returns Are Gaining Momentum At FNM (BIT:FNM)If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
分析記事 • Sep 20Is FNM (BIT:FNM) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Aug 02Second quarter 2021 earnings releasedThe company reported a decent second quarter result with improved revenues, although losses increased and control over costs was weaker. Second quarter 2021 results: Revenue: €146.4m (up 157% from 2Q 2020). Net loss: €5.69m (loss widened 298% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Price Target Changed • Jun 18Price target increased to €0.93Up from €0.80, the current price target is an average from 2 analysts. New target price is 38% above last closing price of €0.67. Stock is up 54% over the past year.
Major Estimate Revision • May 26Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate increased from €0.068 to €0.086. Revenue forecast steady at €475.8m. Net income forecast to grow 21% next year vs 27% growth forecast for Transportation industry in Italy. Consensus price target broadly unchanged at €0.80. Share price was steady at €0.69 over the past week.
Price Target Changed • May 23Price target increased to €0.80Up from €0.60, the current price target is an average from 2 analysts. New target price is 18% above last closing price of €0.68. Stock is up 65% over the past year.
分析記事 • May 18Is It Time To Consider Buying FNM S.p.A. (BIT:FNM)?While FNM S.p.A. ( BIT:FNM ) might not be the most widely known stock at the moment, it led the BIT gainers with a...
分析記事 • Apr 19These 4 Measures Indicate That FNM (BIT:FNM) Is Using Debt SafelyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Major Estimate Revision • Apr 16Consensus revenue estimates increase to €466.0mThe consensus outlook for revenues in 2021 has improved. 2021 revenue forecast increased from €277.0m to €466.0m. EPS estimate increased from €0.03 to €0.086 per share. Net income forecast to shrink 50% next year vs 1.3% growth forecast for Transportation industry in Italy . Consensus price target up from €0.39 to €0.60. Share price was steady at €0.71 over the past week.
分析記事 • Apr 06Know This Before Buying FNM S.p.A. (BIT:FNM) For Its DividendIs FNM S.p.A. ( BIT:FNM ) a good dividend stock? How can we tell? Dividend paying companies with growing earnings can...
分析記事 • Mar 24Return Trends At FNM (BIT:FNM) Aren't AppealingIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Is New 90 Day High Low • Mar 09New 90-day high: €0.61The company is up 6.0% from its price of €0.57 on 09 December 2020. The Italian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Transportation industry, which is down 1.0% over the same period.
分析記事 • Mar 08FNM S.p.A. (BIT:FNM) Has Fared Decently But Fundamentals Look Uncertain: What Lies Ahead For The Stock?Most readers would already know that FNM's (BIT:FNM) stock increased by 4.6% over the past month. Given that the stock...
分析記事 • Feb 22What Is The Ownership Structure Like For FNM S.p.A. (BIT:FNM)?Every investor in FNM S.p.A. ( BIT:FNM ) should be aware of the most powerful shareholder groups. Generally speaking...
分析記事 • Feb 08At €0.56, Is FNM S.p.A. (BIT:FNM) Worth Looking At Closely?FNM S.p.A. ( BIT:FNM ), is not the largest company out there, but it led the BIT gainers with a relatively large price...
分析記事 • Jan 24Would Shareholders Who Purchased FNM's (BIT:FNM) Stock Three Years Be Happy With The Share price Today?While it may not be enough for some shareholders, we think it is good to see the FNM S.p.A. ( BIT:FNM ) share price up...
分析記事 • Jan 11Are FNM's (BIT:FNM) Statutory Earnings A Good Guide To Its Underlying Profitability?Broadly speaking, profitable businesses are less risky than unprofitable ones. That said, the current statutory profit...
分析記事 • Dec 28These 4 Measures Indicate That FNM (BIT:FNM) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
分析記事 • Dec 14Here's What To Make Of FNM's (BIT:FNM) Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS €0.016The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: €82.7m (up 11% from 3Q 2019). Net income: €6.98m (down 23% from 3Q 2019). Profit margin: 8.4% (down from 12% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Oct 29New 90-day low: €0.42The company is down 4.0% from its price of €0.45 on 30 July 2020. The Italian market is down 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Transportation industry, which is down 1.0% over the same period.