New Risk • Jun 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (88% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (€31.7m market cap, or US$36.5m). Valuation Update With 7 Day Price Move • May 29
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €7.05, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 14x in the Construction industry in Italy. New Risk • May 24
New minor risk - Dividend sustainability The company has a short dividend paying track record. Less than a year of continuous dividend payments. Dividend yield: 7.7% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (88% accrual ratio). Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Market cap is less than US$100m (€30.0m market cap, or US$34.8m). 공시 • Apr 17
E.T.S. S.P.A. Engineering and Technical Services, Annual General Meeting, Apr 30, 2026 E.T.S. S.P.A. Engineering and Technical Services, Annual General Meeting, Apr 30, 2026, at 17:00 W. Europe Standard Time. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €6.10, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 12x in the Construction industry in Italy. New Risk • Apr 04
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (46% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Market cap is less than US$100m (€24.8m market cap, or US$28.5m). 공시 • Apr 01
E.T.S. S.P.A. Engineering and Technical Services announces Annual dividend, payable on May 20, 2026 E.T.S. S.P.A. Engineering and Technical Services announced Annual dividend of EUR 0.4700 per share payable on May 20, 2026, ex-date on May 18, 2026 and record date on May 19, 2026. Board Change • Sep 26
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Mario Boselli was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.