View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsPiovan 과거 순이익 실적과거 기준 점검 3/6Piovan은 연평균 23.7%의 비율로 수입이 증가해 온 반면, Machinery 산업은 수입이 9.1% 증가했습니다. 매출은 연평균 23.4%의 비율로 증가했습니다. Piovan의 자기자본이익률은 22.7%이고 순이익률은 7.8%입니다.핵심 정보23.71%순이익 성장률23.66%주당순이익(EPS) 성장률Machinery 산업 성장률10.65%매출 성장률23.43%자기자본이익률22.72%순이익률7.79%최근 순이익 업데이트31 Dec 2024최근 과거 실적 업데이트Reported Earnings • May 16First quarter 2024 earnings released: EPS: €0.29 (vs €0.21 in 1Q 2023)First quarter 2024 results: EPS: €0.29 (up from €0.21 in 1Q 2023). Revenue: €136.0m (down 3.4% from 1Q 2023). Net income: €14.7m (up 40% from 1Q 2023). Profit margin: 11% (up from 7.5% in 1Q 2023). 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 4.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.공고 • Apr 27+ 1 more updatePiovan S.p.A. to Report Nine Months, 2024 Results on Nov 13, 2024Piovan S.p.A. announced that they will report nine months, 2024 results on Nov 13, 2024Reported Earnings • Mar 20Full year 2023 earnings released: EPS: €0.97 (vs €0.68 in FY 2022)Full year 2023 results: EPS: €0.97 (up from €0.68 in FY 2022). Revenue: €570.5m (up 8.0% from FY 2022). Net income: €49.4m (up 43% from FY 2022). Profit margin: 8.7% (up from 6.5% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Reported Earnings • Sep 13Second quarter 2023 earnings released: EPS: €0.23 (vs €0.14 in 2Q 2022)Second quarter 2023 results: EPS: €0.23 (up from €0.14 in 2Q 2022). Revenue: €149.3m (up 15% from 2Q 2022). Net income: €12.1m (up 68% from 2Q 2022). Profit margin: 8.1% (up from 5.5% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 29% per year.Reported Earnings • May 12First quarter 2023 earnings released: EPS: €0.21 (vs €0.15 in 1Q 2022)First quarter 2023 results: EPS: €0.21 (up from €0.15 in 1Q 2022). Revenue: €141.1m (up 32% from 1Q 2022). Net income: €10.5m (up 34% from 1Q 2022). Profit margin: 7.5% (up from 7.3% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 23Full year 2022 earnings released: EPS: €0.68 (vs €0.56 in FY 2021)Full year 2022 results: EPS: €0.68 (up from €0.56 in FY 2021). Revenue: €531.4m (up 87% from FY 2021). Net income: €34.6m (up 22% from FY 2021). Profit margin: 6.5% (down from 10.0% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.모든 업데이트 보기Recent updatesUpcoming Dividend • May 20Upcoming dividend of €0.27 per shareEligible shareholders must have bought the stock before 27 May 2024. Payment date: 29 May 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.4%).Reported Earnings • May 16First quarter 2024 earnings released: EPS: €0.29 (vs €0.21 in 1Q 2023)First quarter 2024 results: EPS: €0.29 (up from €0.21 in 1Q 2023). Revenue: €136.0m (down 3.4% from 1Q 2023). Net income: €14.7m (up 40% from 1Q 2023). Profit margin: 11% (up from 7.5% in 1Q 2023). 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 4.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • May 07Now 22% undervaluedOver the last 90 days, the stock has risen 19% to €11.70. The fair value is estimated to be €15.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings are also forecast to grow by 6.8% per annum over the same time period.공고 • Apr 28Piovan S.p.A., Annual General Meeting, Apr 29, 2024Piovan S.p.A., Annual General Meeting, Apr 29, 2024.공고 • Apr 27+ 1 more updatePiovan S.p.A. to Report Nine Months, 2024 Results on Nov 13, 2024Piovan S.p.A. announced that they will report nine months, 2024 results on Nov 13, 2024Buy Or Sell Opportunity • Apr 12Now 21% undervaluedOver the last 90 days, the stock has risen 22% to €12.00. The fair value is estimated to be €15.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings are also forecast to grow by 6.8% per annum over the same time period.Recent Insider Transactions • Apr 11CEO, MD & Director recently sold €178k worth of stockOn the 5th of April, Filippo Zuppichin sold around 15k shares on-market at roughly €12.00 per share. This transaction amounted to 4.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Filippo's only on-market trade for the last 12 months.Buy Or Sell Opportunity • Mar 28Now 20% undervaluedOver the last 90 days, the stock has risen 14% to €11.90. The fair value is estimated to be €14.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 6.8% per annum over the same time period.Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €12.00, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Machinery industry in Germany. Total returns to shareholders of 72% over the past three years.Reported Earnings • Mar 20Full year 2023 earnings released: EPS: €0.97 (vs €0.68 in FY 2022)Full year 2023 results: EPS: €0.97 (up from €0.68 in FY 2022). Revenue: €570.5m (up 8.0% from FY 2022). Net income: €49.4m (up 43% from FY 2022). Profit margin: 8.7% (up from 6.5% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Mar 05Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 21% to €10.80. The fair value is estimated to be €8.96, however this is not to be taken as a sell 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 28%.Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €9.82, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 14x in the Machinery industry in Germany. Total returns to shareholders of 130% over the past three years.Reported Earnings • Sep 13Second quarter 2023 earnings released: EPS: €0.23 (vs €0.14 in 2Q 2022)Second quarter 2023 results: EPS: €0.23 (up from €0.14 in 2Q 2022). Revenue: €149.3m (up 15% from 2Q 2022). Net income: €12.1m (up 68% from 2Q 2022). Profit margin: 8.1% (up from 5.5% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 29% per year.Reported Earnings • May 12First quarter 2023 earnings released: EPS: €0.21 (vs €0.15 in 1Q 2022)First quarter 2023 results: EPS: €0.21 (up from €0.15 in 1Q 2022). Revenue: €141.1m (up 32% from 1Q 2022). Net income: €10.5m (up 34% from 1Q 2022). Profit margin: 7.5% (up from 7.3% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • May 08Upcoming dividend of €0.20 per share at 2.0% yieldEligible shareholders must have bought the stock before 15 May 2023. Payment date: 17 May 2023. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.8%).Reported Earnings • Mar 23Full year 2022 earnings released: EPS: €0.68 (vs €0.56 in FY 2021)Full year 2022 results: EPS: €0.68 (up from €0.56 in FY 2021). Revenue: €531.4m (up 87% from FY 2021). Net income: €34.6m (up 22% from FY 2021). Profit margin: 6.5% (down from 10.0% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jan 14Investor sentiment improved over the past weekAfter last week's 16% share price gain to €9.31, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 17x in the Machinery industry in Germany. Total returns to shareholders of 67% over the past three years.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: €0.26 (vs €0.079 in 3Q 2021)Third quarter 2022 results: EPS: €0.26 (up from €0.079 in 3Q 2021). Revenue: €144.5m (up 118% from 3Q 2021). Net income: €13.7m (up 240% from 3Q 2021). Profit margin: 9.5% (up from 6.0% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 11Third quarter 2022 earnings released: EPS: €0.26 (vs €0.079 in 3Q 2021)Third quarter 2022 results: EPS: €0.26 (up from €0.079 in 3Q 2021). Revenue: €144.5m (up 118% from 3Q 2021). Net income: €13.7m (up 240% from 3Q 2021). Profit margin: 9.5% (up from 6.0% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Reported Earnings • Sep 10Second quarter 2022 earnings releasedSecond quarter 2022 results: Net income: €7.20m (down 23% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 17% per year.Buying Opportunity • May 07Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be €10.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Earnings per share has grown by 6.7%.Upcoming Dividend • May 02Upcoming dividend of €0.10 per shareEligible shareholders must have bought the stock before 09 May 2022. Payment date: 11 May 2022. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.1%). Lower than average of industry peers (2.5%).Reported Earnings • Mar 28Full year 2021 earnings released: EPS: €0.56 (vs €0.35 in FY 2020)Full year 2021 results: EPS: €0.56 (up from €0.35 in FY 2020). Revenue: €287.0m (up 28% from FY 2020). Net income: €28.3m (up 61% from FY 2020). Profit margin: 9.9% (up from 7.8% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Dec 14Investor sentiment improved over the past weekAfter last week's 21% share price gain to €10.00, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 23x in the Machinery industry in Germany. Total returns to shareholders of 37% over the past three years.공고 • Dec 14Piovan S.p.A. (BIT:PVN) signed an agreement to acquire Sewickley Capital, Inc. for approximately $150 million.Piovan S.p.A. (BIT:PVN) signed an agreement to acquire Sewickley Capital, Inc. for approximately $150 million on December 13, 2021. The purchase price consists of an initial payment of approximately $125 million, on a cash free / debt free basis; and the payment of a potential earn-out up to a maximum of approximately $22 million, to be paid in 2024 to the extent the Target achieves certain EBITDA growth targets over the time period 2021-2023. The transaction will be financed through a mix of a new debt line amounting to €100 million ($113.2 million) and a portion of available cash. The transaction will be effected through a merger by incorporation whereby Sewickley Capital will be merged into a delaware corporation wholly owned by Piovan, with the result that IPEG will become an indirect subsidiary of Piovan. Kirk Winstead (Current CEO) and John G. Erkert (Current CFO) and the businesses’ respective management teams will remain in their roles at the helm of IPEG. The transaction has been unanimously approved by the board of directors of Piovan and the board of directors of Sewickley Capital and has already received the consent of more than 90% of the shareholders of Sewickley Capital. The closing of the transaction is subject to the approval of US antitrust authorities which is expected by the first quarter of 2022. Pricewaterhousecoopers Business Services Srl acted as Financial advisor and Due Diligence provider to Piovan S.p.A. White & Case LLP acted as legal advisor to Piovan S.p.A. Clark Hill Thorp Reed, LLP acted as legal advisor to IPEG Inc.Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS €0.079 (vs €0.072 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: €66.9m (up 35% from 3Q 2020). Net income: €4.01m (up 10% from 3Q 2020). Profit margin: 6.0% (down from 7.4% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has remained flat.Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improved over the past weekAfter last week's 15% share price gain to €8.70, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 30x in the Machinery industry in Germany. Total returns to shareholders of 120% over the past year.Reported Earnings • Sep 09Second quarter 2021 earnings released: EPS €0.18 (vs €0.092 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €81.3m (up 63% from 2Q 2020). Net income: €9.29m (up 98% from 2Q 2020). Profit margin: 11% (up from 9.4% in 2Q 2020). The increase in margin was driven by higher revenue.Upcoming Dividend • May 03Upcoming dividend of €0.13 per shareEligible shareholders must have bought the stock before 10 May 2021. Payment date: 12 May 2021. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (3.1%). Higher than average of industry peers (1.1%).Reported Earnings • Mar 23Full year 2020 earnings released: EPS €0.35 (vs €0.37 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €225.2m (down 2.9% from FY 2019). Net income: €17.6m (down 5.7% from FY 2019). Profit margin: 7.8% (down from 8.1% in FY 2019). The decrease in margin was driven by lower revenue.Is New 90 Day High Low • Feb 11New 90-day high: €5.71The company is up 24% from its price of €4.61 on 13 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 10.0% over the same period.Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improved over the past weekAfter last week's 18% share price gain to €5.57, the stock is trading at a trailing P/E ratio of 16.2x, up from the previous P/E ratio of 13.7x. This compares to an average P/E of 35x in the Machinery industry in Germany. Total return to shareholders over the past year is a loss of 3.6%.Is New 90 Day High Low • Jan 06New 90-day high: €5.24The company is up 11% from its price of €4.70 on 08 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Machinery industry, which is also up 11% over the same period.Analyst Estimate Surprise Post Earnings • Nov 13Revenue beats expectationsRevenue exceeded analyst estimates by 5.0%. Over the next year, revenue is forecast to grow 8.9%, compared to a 2.4% growth forecast for the Machinery industry in Germany.Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS €0.074The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €50.2m (up 3.8% from 3Q 2019). Net income: €3.64m (up 11% from 3Q 2019). Profit margin: 7.3% (up from 6.8% in 3Q 2019). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Oct 30Market pulls back on stock over the past weekAfter last week's 16% share price decline to €3.86, the stock is trading at a trailing P/E ratio of 11.7x, down from the previous P/E ratio of 13.9x. This compares to an average P/E of 28x in the Machinery industry in Germany. Total return to shareholders over the past year is a loss of 29%.Upcoming Dividend • Oct 19Upcoming Dividend of €0.11 Per ShareWill be paid on the 28th of October to those who are registered shareholders by the 26th of October. The trailing yield of 3.1% is below the top quartile of German dividend payers (3.7%), but it is higher than industry peers (1.8%).공고 • Oct 16Piovan S.p.A. (BIT:PVN) completed the acquisition of Doteco Spa.Piovan S.p.A. (BIT:PVN) agreed to acquire Doteco Spa for €22 million on October 2, 2020. At the closing, €15 million will be paid with an earn-out mechanism based on a performance calculated on the 2020-2021 EBITDA with an enterprise value cap of €22 million plus the cash position as at the end of September 2020. Piovan opted for adhoc financing of €20 million. With the acquisition, Piovan S.p.A. could combine Doteco Spa film dosing technologies with Piovan S.p.A. feeding and storage automations becoming a leader in the supply of complete plants in this field and acquiring new customers in a sector. In 2019, Doteco Spa recorded a total revenue of €19.7 million, consolidated EBIT of €2.8 million, EBITDA of €3.4 million and a positive net financial position of €6 million. The closing is expected in October 2020. Piovan S.p.A. (BIT:PVN) completed the acquisition of Doteco Spa on October 15, 2020.Is New 90 Day High Low • Oct 12New 90-day high: €4.80The company is up 1.0% from its price of €4.77 on 14 July 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 9.0% over the same period.공고 • Oct 03Piovan S.p.A. (BIT:PVN) agreed to acquire Doteco Spa.Piovan S.p.A. (BIT:PVN) agreed to acquire Doteco Spa on October 2, 2020. With the acquisition, Piovan S.p.A. could combine Doteco Spa film dosing technologies with Piovan S.p.A. feeding and storage automations becoming a leader in the supply of complete plants in this field and acquiring new customers in a sector. In 2019, Doteco Spa recorded a total revenue of €19.7 million and a EBITDA of €3.4 million.매출 및 비용 세부 내역Piovan가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이DB:PV0 매출, 비용 및 순이익 (EUR Millions)날짜매출순이익일반관리비연구개발비31 Dec 2457245247030 Sep 2456150237030 Jun 2456554236031 Mar 2456354232031 Dec 2356849233030 Sep 2357639234030 Jun 2358242236031 Mar 2356338234031 Dec 2253035221030 Sep 2245338194030 Jun 2237629167031 Mar 2232530144031 Dec 2128328125030 Sep 2128425121030 Jun 2126725112031 Mar 2123820103031 Dec 2022518101030 Sep 202171899030 Jun 2021618103031 Mar 2022618108031 Dec 1923219109030 Sep 1922917109030 Jun 1923820110031 Mar 1925124110031 Dec 1824524107030 Sep 1824726105030 Jun 1823624100031 Mar 182131995031 Dec 172122094031 Dec 161931486031 Dec 1519113850양질의 수익: PV0는 고품질 수익을 보유하고 있습니다.이익 마진 증가: PV0의 현재 순 이익률 (7.8%)은 지난해 (8.7%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: PV0의 수익은 지난 5년 동안 연평균 23.7%로 크게 증가했습니다.성장 가속화: PV0은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: PV0은 지난 1년 동안 수익이 감소(-9.9%)하여 Machinery 업계 평균(1.8%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: PV0의 자본 수익률(22.7%)은 높음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YCapital-goods 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2025/04/04 23:28종가2025/03/31 00:00수익2024/12/31연간 수익2024/12/31데이터 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 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.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 소스Piovan S.p.A.는 2명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Anna FrontaniBerenbergDaniela C. de Carvalho e CostaGoldman Sachs
Reported Earnings • May 16First quarter 2024 earnings released: EPS: €0.29 (vs €0.21 in 1Q 2023)First quarter 2024 results: EPS: €0.29 (up from €0.21 in 1Q 2023). Revenue: €136.0m (down 3.4% from 1Q 2023). Net income: €14.7m (up 40% from 1Q 2023). Profit margin: 11% (up from 7.5% in 1Q 2023). 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 4.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
공고 • Apr 27+ 1 more updatePiovan S.p.A. to Report Nine Months, 2024 Results on Nov 13, 2024Piovan S.p.A. announced that they will report nine months, 2024 results on Nov 13, 2024
Reported Earnings • Mar 20Full year 2023 earnings released: EPS: €0.97 (vs €0.68 in FY 2022)Full year 2023 results: EPS: €0.97 (up from €0.68 in FY 2022). Revenue: €570.5m (up 8.0% from FY 2022). Net income: €49.4m (up 43% from FY 2022). Profit margin: 8.7% (up from 6.5% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Sep 13Second quarter 2023 earnings released: EPS: €0.23 (vs €0.14 in 2Q 2022)Second quarter 2023 results: EPS: €0.23 (up from €0.14 in 2Q 2022). Revenue: €149.3m (up 15% from 2Q 2022). Net income: €12.1m (up 68% from 2Q 2022). Profit margin: 8.1% (up from 5.5% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 29% per year.
Reported Earnings • May 12First quarter 2023 earnings released: EPS: €0.21 (vs €0.15 in 1Q 2022)First quarter 2023 results: EPS: €0.21 (up from €0.15 in 1Q 2022). Revenue: €141.1m (up 32% from 1Q 2022). Net income: €10.5m (up 34% from 1Q 2022). Profit margin: 7.5% (up from 7.3% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 23Full year 2022 earnings released: EPS: €0.68 (vs €0.56 in FY 2021)Full year 2022 results: EPS: €0.68 (up from €0.56 in FY 2021). Revenue: €531.4m (up 87% from FY 2021). Net income: €34.6m (up 22% from FY 2021). Profit margin: 6.5% (down from 10.0% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • May 20Upcoming dividend of €0.27 per shareEligible shareholders must have bought the stock before 27 May 2024. Payment date: 29 May 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.4%).
Reported Earnings • May 16First quarter 2024 earnings released: EPS: €0.29 (vs €0.21 in 1Q 2023)First quarter 2024 results: EPS: €0.29 (up from €0.21 in 1Q 2023). Revenue: €136.0m (down 3.4% from 1Q 2023). Net income: €14.7m (up 40% from 1Q 2023). Profit margin: 11% (up from 7.5% in 1Q 2023). 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 4.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • May 07Now 22% undervaluedOver the last 90 days, the stock has risen 19% to €11.70. The fair value is estimated to be €15.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings are also forecast to grow by 6.8% per annum over the same time period.
공고 • Apr 28Piovan S.p.A., Annual General Meeting, Apr 29, 2024Piovan S.p.A., Annual General Meeting, Apr 29, 2024.
공고 • Apr 27+ 1 more updatePiovan S.p.A. to Report Nine Months, 2024 Results on Nov 13, 2024Piovan S.p.A. announced that they will report nine months, 2024 results on Nov 13, 2024
Buy Or Sell Opportunity • Apr 12Now 21% undervaluedOver the last 90 days, the stock has risen 22% to €12.00. The fair value is estimated to be €15.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings are also forecast to grow by 6.8% per annum over the same time period.
Recent Insider Transactions • Apr 11CEO, MD & Director recently sold €178k worth of stockOn the 5th of April, Filippo Zuppichin sold around 15k shares on-market at roughly €12.00 per share. This transaction amounted to 4.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Filippo's only on-market trade for the last 12 months.
Buy Or Sell Opportunity • Mar 28Now 20% undervaluedOver the last 90 days, the stock has risen 14% to €11.90. The fair value is estimated to be €14.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 6.8% per annum over the same time period.
Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €12.00, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Machinery industry in Germany. Total returns to shareholders of 72% over the past three years.
Reported Earnings • Mar 20Full year 2023 earnings released: EPS: €0.97 (vs €0.68 in FY 2022)Full year 2023 results: EPS: €0.97 (up from €0.68 in FY 2022). Revenue: €570.5m (up 8.0% from FY 2022). Net income: €49.4m (up 43% from FY 2022). Profit margin: 8.7% (up from 6.5% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Mar 05Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 21% to €10.80. The fair value is estimated to be €8.96, however this is not to be taken as a sell 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 28%.
Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €9.82, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 14x in the Machinery industry in Germany. Total returns to shareholders of 130% over the past three years.
Reported Earnings • Sep 13Second quarter 2023 earnings released: EPS: €0.23 (vs €0.14 in 2Q 2022)Second quarter 2023 results: EPS: €0.23 (up from €0.14 in 2Q 2022). Revenue: €149.3m (up 15% from 2Q 2022). Net income: €12.1m (up 68% from 2Q 2022). Profit margin: 8.1% (up from 5.5% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 29% per year.
Reported Earnings • May 12First quarter 2023 earnings released: EPS: €0.21 (vs €0.15 in 1Q 2022)First quarter 2023 results: EPS: €0.21 (up from €0.15 in 1Q 2022). Revenue: €141.1m (up 32% from 1Q 2022). Net income: €10.5m (up 34% from 1Q 2022). Profit margin: 7.5% (up from 7.3% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • May 08Upcoming dividend of €0.20 per share at 2.0% yieldEligible shareholders must have bought the stock before 15 May 2023. Payment date: 17 May 2023. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.8%).
Reported Earnings • Mar 23Full year 2022 earnings released: EPS: €0.68 (vs €0.56 in FY 2021)Full year 2022 results: EPS: €0.68 (up from €0.56 in FY 2021). Revenue: €531.4m (up 87% from FY 2021). Net income: €34.6m (up 22% from FY 2021). Profit margin: 6.5% (down from 10.0% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jan 14Investor sentiment improved over the past weekAfter last week's 16% share price gain to €9.31, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 17x in the Machinery industry in Germany. Total returns to shareholders of 67% over the past three years.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: €0.26 (vs €0.079 in 3Q 2021)Third quarter 2022 results: EPS: €0.26 (up from €0.079 in 3Q 2021). Revenue: €144.5m (up 118% from 3Q 2021). Net income: €13.7m (up 240% from 3Q 2021). Profit margin: 9.5% (up from 6.0% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 11Third quarter 2022 earnings released: EPS: €0.26 (vs €0.079 in 3Q 2021)Third quarter 2022 results: EPS: €0.26 (up from €0.079 in 3Q 2021). Revenue: €144.5m (up 118% from 3Q 2021). Net income: €13.7m (up 240% from 3Q 2021). Profit margin: 9.5% (up from 6.0% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Sep 10Second quarter 2022 earnings releasedSecond quarter 2022 results: Net income: €7.20m (down 23% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 17% per year.
Buying Opportunity • May 07Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be €10.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Earnings per share has grown by 6.7%.
Upcoming Dividend • May 02Upcoming dividend of €0.10 per shareEligible shareholders must have bought the stock before 09 May 2022. Payment date: 11 May 2022. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.1%). Lower than average of industry peers (2.5%).
Reported Earnings • Mar 28Full year 2021 earnings released: EPS: €0.56 (vs €0.35 in FY 2020)Full year 2021 results: EPS: €0.56 (up from €0.35 in FY 2020). Revenue: €287.0m (up 28% from FY 2020). Net income: €28.3m (up 61% from FY 2020). Profit margin: 9.9% (up from 7.8% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Dec 14Investor sentiment improved over the past weekAfter last week's 21% share price gain to €10.00, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 23x in the Machinery industry in Germany. Total returns to shareholders of 37% over the past three years.
공고 • Dec 14Piovan S.p.A. (BIT:PVN) signed an agreement to acquire Sewickley Capital, Inc. for approximately $150 million.Piovan S.p.A. (BIT:PVN) signed an agreement to acquire Sewickley Capital, Inc. for approximately $150 million on December 13, 2021. The purchase price consists of an initial payment of approximately $125 million, on a cash free / debt free basis; and the payment of a potential earn-out up to a maximum of approximately $22 million, to be paid in 2024 to the extent the Target achieves certain EBITDA growth targets over the time period 2021-2023. The transaction will be financed through a mix of a new debt line amounting to €100 million ($113.2 million) and a portion of available cash. The transaction will be effected through a merger by incorporation whereby Sewickley Capital will be merged into a delaware corporation wholly owned by Piovan, with the result that IPEG will become an indirect subsidiary of Piovan. Kirk Winstead (Current CEO) and John G. Erkert (Current CFO) and the businesses’ respective management teams will remain in their roles at the helm of IPEG. The transaction has been unanimously approved by the board of directors of Piovan and the board of directors of Sewickley Capital and has already received the consent of more than 90% of the shareholders of Sewickley Capital. The closing of the transaction is subject to the approval of US antitrust authorities which is expected by the first quarter of 2022. Pricewaterhousecoopers Business Services Srl acted as Financial advisor and Due Diligence provider to Piovan S.p.A. White & Case LLP acted as legal advisor to Piovan S.p.A. Clark Hill Thorp Reed, LLP acted as legal advisor to IPEG Inc.
Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS €0.079 (vs €0.072 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: €66.9m (up 35% from 3Q 2020). Net income: €4.01m (up 10% from 3Q 2020). Profit margin: 6.0% (down from 7.4% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has remained flat.
Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improved over the past weekAfter last week's 15% share price gain to €8.70, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 30x in the Machinery industry in Germany. Total returns to shareholders of 120% over the past year.
Reported Earnings • Sep 09Second quarter 2021 earnings released: EPS €0.18 (vs €0.092 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €81.3m (up 63% from 2Q 2020). Net income: €9.29m (up 98% from 2Q 2020). Profit margin: 11% (up from 9.4% in 2Q 2020). The increase in margin was driven by higher revenue.
Upcoming Dividend • May 03Upcoming dividend of €0.13 per shareEligible shareholders must have bought the stock before 10 May 2021. Payment date: 12 May 2021. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (3.1%). Higher than average of industry peers (1.1%).
Reported Earnings • Mar 23Full year 2020 earnings released: EPS €0.35 (vs €0.37 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €225.2m (down 2.9% from FY 2019). Net income: €17.6m (down 5.7% from FY 2019). Profit margin: 7.8% (down from 8.1% in FY 2019). The decrease in margin was driven by lower revenue.
Is New 90 Day High Low • Feb 11New 90-day high: €5.71The company is up 24% from its price of €4.61 on 13 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 10.0% over the same period.
Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improved over the past weekAfter last week's 18% share price gain to €5.57, the stock is trading at a trailing P/E ratio of 16.2x, up from the previous P/E ratio of 13.7x. This compares to an average P/E of 35x in the Machinery industry in Germany. Total return to shareholders over the past year is a loss of 3.6%.
Is New 90 Day High Low • Jan 06New 90-day high: €5.24The company is up 11% from its price of €4.70 on 08 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Machinery industry, which is also up 11% over the same period.
Analyst Estimate Surprise Post Earnings • Nov 13Revenue beats expectationsRevenue exceeded analyst estimates by 5.0%. Over the next year, revenue is forecast to grow 8.9%, compared to a 2.4% growth forecast for the Machinery industry in Germany.
Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS €0.074The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €50.2m (up 3.8% from 3Q 2019). Net income: €3.64m (up 11% from 3Q 2019). Profit margin: 7.3% (up from 6.8% in 3Q 2019). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Oct 30Market pulls back on stock over the past weekAfter last week's 16% share price decline to €3.86, the stock is trading at a trailing P/E ratio of 11.7x, down from the previous P/E ratio of 13.9x. This compares to an average P/E of 28x in the Machinery industry in Germany. Total return to shareholders over the past year is a loss of 29%.
Upcoming Dividend • Oct 19Upcoming Dividend of €0.11 Per ShareWill be paid on the 28th of October to those who are registered shareholders by the 26th of October. The trailing yield of 3.1% is below the top quartile of German dividend payers (3.7%), but it is higher than industry peers (1.8%).
공고 • Oct 16Piovan S.p.A. (BIT:PVN) completed the acquisition of Doteco Spa.Piovan S.p.A. (BIT:PVN) agreed to acquire Doteco Spa for €22 million on October 2, 2020. At the closing, €15 million will be paid with an earn-out mechanism based on a performance calculated on the 2020-2021 EBITDA with an enterprise value cap of €22 million plus the cash position as at the end of September 2020. Piovan opted for adhoc financing of €20 million. With the acquisition, Piovan S.p.A. could combine Doteco Spa film dosing technologies with Piovan S.p.A. feeding and storage automations becoming a leader in the supply of complete plants in this field and acquiring new customers in a sector. In 2019, Doteco Spa recorded a total revenue of €19.7 million, consolidated EBIT of €2.8 million, EBITDA of €3.4 million and a positive net financial position of €6 million. The closing is expected in October 2020. Piovan S.p.A. (BIT:PVN) completed the acquisition of Doteco Spa on October 15, 2020.
Is New 90 Day High Low • Oct 12New 90-day high: €4.80The company is up 1.0% from its price of €4.77 on 14 July 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 9.0% over the same period.
공고 • Oct 03Piovan S.p.A. (BIT:PVN) agreed to acquire Doteco Spa.Piovan S.p.A. (BIT:PVN) agreed to acquire Doteco Spa on October 2, 2020. With the acquisition, Piovan S.p.A. could combine Doteco Spa film dosing technologies with Piovan S.p.A. feeding and storage automations becoming a leader in the supply of complete plants in this field and acquiring new customers in a sector. In 2019, Doteco Spa recorded a total revenue of €19.7 million and a EBITDA of €3.4 million.