View ValuationBiesse 향후 성장Future 기준 점검 3/6Biesse (는) 각각 연간 111% 및 5.4% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 111.3% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 3.9% 로 예상됩니다.핵심 정보111.0%이익 성장률111.31%EPS 성장률Machinery 이익 성장24.5%매출 성장률5.4%향후 자기자본이익률3.86%애널리스트 커버리지Low마지막 업데이트19 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesReported Earnings • 3hFirst quarter 2026 earnings releasedFirst quarter 2026 results: €0.23 loss per share. Revenue: €146.1m (down 4.7% from 1Q 2025). Net loss: €6.26m (loss widened 123% from 1Q 2025). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance.공시 • Dec 19+ 3 more updatesBiesse S.p.A. to Report Fiscal Year 2025 Results on Mar 13, 2026Biesse S.p.A. announced that they will report fiscal year 2025 results on Mar 13, 2026공시 • Mar 19Biesse S.p.A. announces Annual dividend, payable on May 07, 2025Biesse S.p.A. announced Annual dividend of EUR 0.0400 per share payable on May 07, 2025, ex-date on May 05, 2025 and record date on May 06, 2025.공시 • Nov 22+ 3 more updatesBiesse S.p.A. to Report Q3, 2025 Results on Oct 28, 2025Biesse S.p.A. announced that they will report Q3, 2025 results on Oct 28, 2025Reported Earnings • Oct 28Third quarter 2024 earnings releasedThird quarter 2024 results: €0.049 loss per share. Revenue: €165.1m (down 7.0% from 3Q 2023). Net loss: €1.35m (loss narrowed 62% from 3Q 2023). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany.Buy Or Sell Opportunity • Sep 25Now 26% overvaluedOver the last 90 days, the stock has fallen 18% to €8.62. The fair value is estimated to be €6.82, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Jul 31Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €202.7m (down 2.9% from 2Q 2023). Net income: €1.08m (down 85% from 2Q 2023). Profit margin: 0.5% (down from 3.4% in 2Q 2023). Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Machinery industry in Germany.Reported Earnings • May 16First quarter 2024 earnings releasedFirst quarter 2024 results: EPS: €0.10. Revenue: €198.0m (down 5.5% from 1Q 2023). Net income: €2.85m (down 77% from 1Q 2023). Profit margin: 1.4% (down from 5.9% in 1Q 2023). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Germany.Declared Dividend • Mar 25Dividend of €0.14 announcedShareholders will receive a dividend of €0.14. Ex-date: 6th May 2024 Payment date: 8th May 2024 Dividend yield will be 1.2%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 66% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 17Full year 2023 earnings releasedFull year 2023 results: Revenue: €791.5m (down 3.8% from FY 2022). Net income: €12.5m (down 59% from FY 2022). Profit margin: 1.6% (down from 3.7% in FY 2022). Revenue is expected to decline by 1.5% p.a. on average during the next 2 years, while revenues in the Machinery industry in Germany are expected to grow by 3.2%.공시 • Jan 30Biesse S.p.A. completed the acquisition of Gmm Finance S.R.L. for €69 million.Biesse S.p.A. (BIT:BSS) signed a contract to acquire Gmm Finance S.R.L. from Consilium Private Equity Fund III managed by Consilium SGR p.A. and Fgl Holding S.R.L. for €72 million on December 21, 2023. The transaction is expected to close on February 15, 2024.Biesse S.p.A. completed the acquisition of Gmm Finance S.R.L. for €69 million on January 29, 2024.공시 • Dec 20+ 4 more updatesBiesse S.p.A. to Report Fiscal Year 2023 Results on Mar 14, 2024Biesse S.p.A. announced that they will report fiscal year 2023 results on Mar 14, 2024Reported Earnings • Oct 29Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €181.8m (down 6.4% from 3Q 2022). Net loss: €3.56m (down 165% from profit in 3Q 2022). Revenue is expected to decline by 6.5% p.a. on average during the next 3 years, while revenues in the Machinery industry in Germany are expected to grow by 3.4%.New Risk • Oct 27New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 10% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 10% 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.Reported Earnings • Jul 30Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: €214.1m (down 3.8% from 2Q 2022). Net income: €7.18m (down 25% from 2Q 2022). Profit margin: 3.4% (down from 4.3% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 3.7% p.a. on average during the next 3 years, while revenues in the Machinery industry in Germany are expected to grow by 3.8%. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Reported Earnings • May 14First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: €211.6m (up 7.6% from 1Q 2022). Net income: €12.3m (up 26% from 1Q 2022). Profit margin: 5.8% (up from 5.0% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 4.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 01Upcoming dividend of €0.33 per share at 2.4% yieldEligible shareholders must have bought the stock before 08 May 2023. Payment date: 10 May 2023. Payout ratio is a comfortable 30% and the cash payout ratio is 85%. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (2.8%).Reported Earnings • Mar 16Full year 2022 earnings releasedFull year 2022 results: Revenue: €830.8m (up 12% from FY 2021). Net income: €30.3m (down 11% from FY 2021). Profit margin: 3.6% (down from 4.6% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 4.4% growth forecast for the Machinery industry in Germany.Valuation Update With 7 Day Price Move • Mar 02Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €17.66, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Machinery industry in Germany. Total returns to shareholders of 52% over the past three years.Board Change • Nov 16High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 2 experienced directors. 2 highly experienced directors. Statutory Auditor Giovanni Ciurlo is the most experienced director on the board, commencing their role in 2006. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Valuation Update With 7 Day Price Move • Nov 04Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €11.06, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Machinery industry in Germany. Total loss to shareholders of 10% over the past three years.Reported Earnings • Oct 29Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: €199.6m (up 16% from 3Q 2021). Net income: €5.46m (down 22% from 3Q 2021). Profit margin: 2.7% (down from 4.0% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 2.6% p.a. on average during the next 3 years, while revenues in the Machinery industry in Germany are expected to grow by 4.2%.Reported Earnings • Aug 01Second quarter 2022 earnings released: EPS: €0.35 (vs €0.79 in 2Q 2021)Second quarter 2022 results: EPS: €0.35 (down from €0.79 in 2Q 2021). Revenue: €222.5m (up 15% from 2Q 2021). Net income: €9.58m (down 55% from 2Q 2021). Profit margin: 4.3% (down from 11% in 2Q 2021). Over the next year, revenue is forecast to stay flat compared to a 9.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 9% per year.Valuation Update With 7 Day Price Move • May 21Investor sentiment improved over the past weekAfter last week's 15% share price gain to €16.41, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Machinery industry in Germany. Total returns to shareholders of 18% over the past three years.Upcoming Dividend • May 16Upcoming dividend of €0.62 per shareEligible shareholders must have bought the stock before 23 May 2022. Payment date: 25 May 2022. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.3%). Higher than average of industry peers (2.5%).Board Change • Apr 27Less 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, 3 were independent directors. The company's board is composed of: 6 new directors. 2 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Statutory Auditor Giovanni Ciurlo is the most experienced director on the board, commencing their role in 2006. Independent Director Ferruccio Borsani was the last independent director to join the board, commencing their role in 2021. 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.Reported Earnings • Mar 16Full year 2021 earnings: Revenues exceed analyst expectationsFull year 2021 results: Revenue: €749.2m (up 29% from FY 2020). Net income: €34.2m (up €31.7m from FY 2020). Profit margin: 4.6% (up from 0.4% in FY 2020). Revenue exceeded analyst estimates by 4.3%. Over the next year, revenue is forecast to grow 6.8%, compared to a 11% growth forecast for the industry in Germany.Valuation Update With 7 Day Price Move • Mar 05Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to €15.42, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Machinery industry in Germany. Total loss to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €24.38 per share.Buying Opportunity • Feb 25Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be €24.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.0% per annum over the last 3 years. Earnings per share has grown by 641% over the last year.Reported Earnings • Nov 03Third quarter 2021 earnings released: EPS €0.26The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €172.9m (up 22% from 3Q 2020). Net income: €7.07m (up 174% from 3Q 2020). Profit margin: 4.1% (up from 1.8% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Reported Earnings • Aug 02Second quarter 2021 earnings releasedThe company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €212.6m (up 98% from 2Q 2020). Net income: €21.5m (up €22.5m from 2Q 2020). Profit margin: 10% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Reported Earnings • May 15First quarter 2021 earnings releasedThe company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €162.5m (up 8.9% from 1Q 2020). Net income: €6.82m (up 222% from 1Q 2020). Profit margin: 4.2% (up from 1.4% in 1Q 2020).Reported Earnings • Apr 04Full year 2020 earnings released: EPS €0.092 (vs €0.48 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €578.8m (down 18% from FY 2019). Net income: €2.53m (down 81% from FY 2019). Profit margin: 0.4% (down from 1.8% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 18Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €584.6m (down 18% from FY 2019). Net income: €2.46m (down 81% from FY 2019). Profit margin: 0.4% (down from 1.8% in FY 2019).Is New 90 Day High Low • Feb 04New 90-day high: €21.18The company is up 33% from its price of €15.95 on 06 November 2020. The German market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.18 per share.공시 • Jan 29An unknown buyer agreed to acquire Dongguan Korex Machinery Co.Ltd from Biesse S.p.A. (BIT:BSS) for approximately CNY 180 million.An unknown buyer agreed to acquire Dongguan Korex Machinery Co.Ltd from Biesse S.p.A. (BIT:BSS) for approximately CNY 180 million on January 28, 2021. The transaction is expected to close by mid-March 2021. The transaction will lead to a reduction in operating costs.Is New 90 Day High Low • Jan 05New 90-day high: €18.76The company is up 16% from its price of €16.16 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.00 per share.Is New 90 Day High Low • Dec 12New 90-day high: €17.18The company is up 22% from its price of €14.10 on 11 September 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.97 per share.Is New 90 Day High Low • Oct 06New 90-day high: €15.00The company is up 16% from its price of €12.93 on 08 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.84 per share.이익 및 매출 성장 예측DB:BI2 - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20287601630N/A212/31/2027716714N/A212/31/2026680113N/A23/31/2026655-23N/AN/AN/A12/31/2025662-20-120N/A9/30/2025676-8N/AN/AN/A6/30/2025682-7022N/A3/31/2025712-2N/AN/AN/A12/31/20247554-514N/A9/30/2024750-1N/AN/AN/A6/30/2024763-3015N/A3/31/20247713N/AN/AN/A12/31/202378512-516N/A9/30/202380521N/AN/AN/A6/30/2023822301543N/A3/31/202383533N/AN/AN/A12/31/2022822302040N/A9/30/202282923N/AN/AN/A6/30/2022807253546N/A3/31/202277737N/AN/AN/A12/31/20217423490104N/A9/30/202170934N/AN/AN/A6/30/202167630119134N/A3/31/20215937N/AN/AN/A12/31/202057937388N/A9/30/20205912N/AN/AN/A6/30/202061842142N/A3/31/202068410N/AN/AN/A12/31/201970613N/A43N/A9/30/201973035N/A32N/A6/30/201973037N/A40N/A3/31/201975041N/AN/AN/A12/31/201874544N/A54N/A9/30/201871938N/A58N/A6/30/201872042N/A81N/A3/31/201869541N/AN/AN/A12/31/201769343N/A83N/A9/30/201768337N/A85N/A6/30/201766835N/A47N/A3/31/201766436N/A63N/A12/31/201662129N/A48N/A9/30/201659327N/A53N/A6/30/201656022N/A63N/A3/31/201652720N/A37N/A12/31/201552221N/A45N/A9/30/201549422N/A27N/A6/30/201547520N/A35N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: BI2 은 향후 3년 동안 수익을 낼 것으로 예상되며, 이는 절약률(1.9%)보다 빠른 성장으로 간주됩니다.수익 vs 시장: BI2 (는) 향후 3년 동안 평균 시장 성장보다 높은 수익을 올릴 것으로 예상됩니다.고성장 수익: BI2 향후 3년 내에 수익을 낼 것으로 예상됩니다.수익 대 시장: BI2 의 수익(연간 5.4%)이 German 시장(연간 6.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: BI2 의 수익(연간 5.4%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: BI2의 자본 수익률은 3년 후 3.9%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/20 02:49종가2026/05/20 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Biesse S.p.A.는 4명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Niccolò ZanoniBanca Akros S.p.A. (ESN)Francesco TaddeiBanca Akros S.p.A. (ESN)Giuseppe MarsellaBNP Paribas1명의 분석가 더 보기
Reported Earnings • 3hFirst quarter 2026 earnings releasedFirst quarter 2026 results: €0.23 loss per share. Revenue: €146.1m (down 4.7% from 1Q 2025). Net loss: €6.26m (loss widened 123% from 1Q 2025). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance.
공시 • Dec 19+ 3 more updatesBiesse S.p.A. to Report Fiscal Year 2025 Results on Mar 13, 2026Biesse S.p.A. announced that they will report fiscal year 2025 results on Mar 13, 2026
공시 • Mar 19Biesse S.p.A. announces Annual dividend, payable on May 07, 2025Biesse S.p.A. announced Annual dividend of EUR 0.0400 per share payable on May 07, 2025, ex-date on May 05, 2025 and record date on May 06, 2025.
공시 • Nov 22+ 3 more updatesBiesse S.p.A. to Report Q3, 2025 Results on Oct 28, 2025Biesse S.p.A. announced that they will report Q3, 2025 results on Oct 28, 2025
Reported Earnings • Oct 28Third quarter 2024 earnings releasedThird quarter 2024 results: €0.049 loss per share. Revenue: €165.1m (down 7.0% from 3Q 2023). Net loss: €1.35m (loss narrowed 62% from 3Q 2023). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany.
Buy Or Sell Opportunity • Sep 25Now 26% overvaluedOver the last 90 days, the stock has fallen 18% to €8.62. The fair value is estimated to be €6.82, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Jul 31Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €202.7m (down 2.9% from 2Q 2023). Net income: €1.08m (down 85% from 2Q 2023). Profit margin: 0.5% (down from 3.4% in 2Q 2023). Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Machinery industry in Germany.
Reported Earnings • May 16First quarter 2024 earnings releasedFirst quarter 2024 results: EPS: €0.10. Revenue: €198.0m (down 5.5% from 1Q 2023). Net income: €2.85m (down 77% from 1Q 2023). Profit margin: 1.4% (down from 5.9% in 1Q 2023). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Germany.
Declared Dividend • Mar 25Dividend of €0.14 announcedShareholders will receive a dividend of €0.14. Ex-date: 6th May 2024 Payment date: 8th May 2024 Dividend yield will be 1.2%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 66% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 17Full year 2023 earnings releasedFull year 2023 results: Revenue: €791.5m (down 3.8% from FY 2022). Net income: €12.5m (down 59% from FY 2022). Profit margin: 1.6% (down from 3.7% in FY 2022). Revenue is expected to decline by 1.5% p.a. on average during the next 2 years, while revenues in the Machinery industry in Germany are expected to grow by 3.2%.
공시 • Jan 30Biesse S.p.A. completed the acquisition of Gmm Finance S.R.L. for €69 million.Biesse S.p.A. (BIT:BSS) signed a contract to acquire Gmm Finance S.R.L. from Consilium Private Equity Fund III managed by Consilium SGR p.A. and Fgl Holding S.R.L. for €72 million on December 21, 2023. The transaction is expected to close on February 15, 2024.Biesse S.p.A. completed the acquisition of Gmm Finance S.R.L. for €69 million on January 29, 2024.
공시 • Dec 20+ 4 more updatesBiesse S.p.A. to Report Fiscal Year 2023 Results on Mar 14, 2024Biesse S.p.A. announced that they will report fiscal year 2023 results on Mar 14, 2024
Reported Earnings • Oct 29Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €181.8m (down 6.4% from 3Q 2022). Net loss: €3.56m (down 165% from profit in 3Q 2022). Revenue is expected to decline by 6.5% p.a. on average during the next 3 years, while revenues in the Machinery industry in Germany are expected to grow by 3.4%.
New Risk • Oct 27New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 10% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 10% 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.
Reported Earnings • Jul 30Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: €214.1m (down 3.8% from 2Q 2022). Net income: €7.18m (down 25% from 2Q 2022). Profit margin: 3.4% (down from 4.3% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 3.7% p.a. on average during the next 3 years, while revenues in the Machinery industry in Germany are expected to grow by 3.8%. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Reported Earnings • May 14First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: €211.6m (up 7.6% from 1Q 2022). Net income: €12.3m (up 26% from 1Q 2022). Profit margin: 5.8% (up from 5.0% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 4.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 01Upcoming dividend of €0.33 per share at 2.4% yieldEligible shareholders must have bought the stock before 08 May 2023. Payment date: 10 May 2023. Payout ratio is a comfortable 30% and the cash payout ratio is 85%. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (2.8%).
Reported Earnings • Mar 16Full year 2022 earnings releasedFull year 2022 results: Revenue: €830.8m (up 12% from FY 2021). Net income: €30.3m (down 11% from FY 2021). Profit margin: 3.6% (down from 4.6% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 4.4% growth forecast for the Machinery industry in Germany.
Valuation Update With 7 Day Price Move • Mar 02Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €17.66, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Machinery industry in Germany. Total returns to shareholders of 52% over the past three years.
Board Change • Nov 16High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 2 experienced directors. 2 highly experienced directors. Statutory Auditor Giovanni Ciurlo is the most experienced director on the board, commencing their role in 2006. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Valuation Update With 7 Day Price Move • Nov 04Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €11.06, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Machinery industry in Germany. Total loss to shareholders of 10% over the past three years.
Reported Earnings • Oct 29Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: €199.6m (up 16% from 3Q 2021). Net income: €5.46m (down 22% from 3Q 2021). Profit margin: 2.7% (down from 4.0% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 2.6% p.a. on average during the next 3 years, while revenues in the Machinery industry in Germany are expected to grow by 4.2%.
Reported Earnings • Aug 01Second quarter 2022 earnings released: EPS: €0.35 (vs €0.79 in 2Q 2021)Second quarter 2022 results: EPS: €0.35 (down from €0.79 in 2Q 2021). Revenue: €222.5m (up 15% from 2Q 2021). Net income: €9.58m (down 55% from 2Q 2021). Profit margin: 4.3% (down from 11% in 2Q 2021). Over the next year, revenue is forecast to stay flat compared to a 9.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 9% per year.
Valuation Update With 7 Day Price Move • May 21Investor sentiment improved over the past weekAfter last week's 15% share price gain to €16.41, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Machinery industry in Germany. Total returns to shareholders of 18% over the past three years.
Upcoming Dividend • May 16Upcoming dividend of €0.62 per shareEligible shareholders must have bought the stock before 23 May 2022. Payment date: 25 May 2022. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.3%). Higher than average of industry peers (2.5%).
Board Change • Apr 27Less 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, 3 were independent directors. The company's board is composed of: 6 new directors. 2 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Statutory Auditor Giovanni Ciurlo is the most experienced director on the board, commencing their role in 2006. Independent Director Ferruccio Borsani was the last independent director to join the board, commencing their role in 2021. 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.
Reported Earnings • Mar 16Full year 2021 earnings: Revenues exceed analyst expectationsFull year 2021 results: Revenue: €749.2m (up 29% from FY 2020). Net income: €34.2m (up €31.7m from FY 2020). Profit margin: 4.6% (up from 0.4% in FY 2020). Revenue exceeded analyst estimates by 4.3%. Over the next year, revenue is forecast to grow 6.8%, compared to a 11% growth forecast for the industry in Germany.
Valuation Update With 7 Day Price Move • Mar 05Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to €15.42, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Machinery industry in Germany. Total loss to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €24.38 per share.
Buying Opportunity • Feb 25Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be €24.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.0% per annum over the last 3 years. Earnings per share has grown by 641% over the last year.
Reported Earnings • Nov 03Third quarter 2021 earnings released: EPS €0.26The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €172.9m (up 22% from 3Q 2020). Net income: €7.07m (up 174% from 3Q 2020). Profit margin: 4.1% (up from 1.8% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 02Second quarter 2021 earnings releasedThe company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €212.6m (up 98% from 2Q 2020). Net income: €21.5m (up €22.5m from 2Q 2020). Profit margin: 10% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 15First quarter 2021 earnings releasedThe company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €162.5m (up 8.9% from 1Q 2020). Net income: €6.82m (up 222% from 1Q 2020). Profit margin: 4.2% (up from 1.4% in 1Q 2020).
Reported Earnings • Apr 04Full year 2020 earnings released: EPS €0.092 (vs €0.48 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €578.8m (down 18% from FY 2019). Net income: €2.53m (down 81% from FY 2019). Profit margin: 0.4% (down from 1.8% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 18Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €584.6m (down 18% from FY 2019). Net income: €2.46m (down 81% from FY 2019). Profit margin: 0.4% (down from 1.8% in FY 2019).
Is New 90 Day High Low • Feb 04New 90-day high: €21.18The company is up 33% from its price of €15.95 on 06 November 2020. The German market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.18 per share.
공시 • Jan 29An unknown buyer agreed to acquire Dongguan Korex Machinery Co.Ltd from Biesse S.p.A. (BIT:BSS) for approximately CNY 180 million.An unknown buyer agreed to acquire Dongguan Korex Machinery Co.Ltd from Biesse S.p.A. (BIT:BSS) for approximately CNY 180 million on January 28, 2021. The transaction is expected to close by mid-March 2021. The transaction will lead to a reduction in operating costs.
Is New 90 Day High Low • Jan 05New 90-day high: €18.76The company is up 16% from its price of €16.16 on 07 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.00 per share.
Is New 90 Day High Low • Dec 12New 90-day high: €17.18The company is up 22% from its price of €14.10 on 11 September 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.97 per share.
Is New 90 Day High Low • Oct 06New 90-day high: €15.00The company is up 16% from its price of €12.93 on 08 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.84 per share.