View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active.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 EventsGreenthesis 향후 성장Future 기준 점검 4/6Greenthesis (는) 각각 연간 8.4% 및 7.9% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 11.2% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 29.8% 로 예상됩니다.핵심 정보8.4%이익 성장률11.18%EPS 성장률Commercial Services 이익 성장44.9%매출 성장률7.9%향후 자기자본이익률29.80%애널리스트 커버리지Low마지막 업데이트17 Apr 2024최근 향후 성장 업데이트Price Target Changed • Nov 16Price target increased to €1.35Up from €0.90, the current price target is provided by 1 analyst. New target price is 38% above last closing price of €0.98. Stock is up 20% over the past year. The company is forecast to post earnings per share of €0.09 for next year compared to €0.064 last year.Price Target Changed • Apr 27Price target increased to €1.35Up from €0.90, the current price target is provided by 1 analyst. New target price is 58% above last closing price of €0.86. Stock is up 9.2% over the past year. The company is forecast to post earnings per share of €0.09 for next year compared to €0.064 last year.Major Estimate Revision • Jan 22Consensus revenue estimates increase by 58%The consensus outlook for revenues in 2021 has improved. 2021 revenue forecast increased from €105.2m to €166.0m. EPS estimate increased from €0.04 to €0.09 per share. Net income forecast to grow 265% next year vs 27% growth forecast for Commercial Services industry in Italy. Consensus price target up from €0.90 to €1.35. Share price rose 5.5% to €1.16 over the past week.Major Estimate Revision • May 23Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from €0.054 to €0.034 per share. Revenue forecast steady at €98.5m. Net income forecast to shrink 0.06% next year vs 25% growth forecast for Commercial Services industry in Italy . Consensus price target of €0.90 unchanged from last update. Share price rose 2.6% to €0.80 over the past week.Major Estimate Revision • May 21Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from €0.054 to €0.034 per share. Revenue forecast steady at €98.5m. Net income forecast to grow 61% next year vs 25% growth forecast for Commercial Services industry in Italy. Consensus price target of €0.90 unchanged from last update. Share price rose 2.6% to €0.80 over the past week.모든 업데이트 보기Recent updatesUpcoming Dividend • May 27Upcoming dividend of €0.03 per shareEligible shareholders must have bought the stock before 03 June 2024. Payment date: 05 June 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Italian dividend payers (5.3%). Lower than average of industry peers (1.9%).분석 기사 • Apr 13Greenthesis S.p.A.'s (BIT:GTH) 136% Share Price Surge Not Quite Adding UpGreenthesis S.p.A. ( BIT:GTH ) shareholders have had their patience rewarded with a 136% share price jump in the last...New Risk • Apr 11New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% 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 (13% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (37% average weekly change).Reported Earnings • Apr 11Full year 2023 earnings released: EPS: €0.10 (vs €0.12 in FY 2022)Full year 2023 results: EPS: €0.10 (down from €0.12 in FY 2022). Revenue: €173.4m (up 3.5% from FY 2022). Net income: €15.0m (down 13% from FY 2022). Profit margin: 8.7% (down from 10% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Apr 08New 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 Risk Share price has been highly volatile over the past 3 months (38% average weekly change). Minor Risks High level of debt (170% net debt to equity). Latest financial reports are more than 6 months old (reported June 2023 fiscal period end).분석 기사 • Apr 06Greenthesis (BIT:GTH) Is Doing The Right Things To Multiply Its Share PriceTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...New Risk • Apr 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 37% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (37% average weekly change). Minor Risk High level of debt (170% net debt to equity).공지 • Feb 02Greenthesis S.p.A. (BIT:GTH) acquired an 80% stake in Elite Ambiente Srl.Greenthesis S.p.A. (BIT:GTH) acquired an 80% stake in Elite Ambiente Srl on February 1, 2024. In related transaction, Greenthesis S.p.A. acquired Ecorex Srl, Euro Veneta Srl, Emme Trasporti Srl and Execo Srl from ETHAN Group. Aggregately, the equity value of consideration for 80% is €25.3 million. In the context of the binding agreements signed between the parties in reference to the Operation, it is also expected that, by June 30, 2026, Greenthesis will also purchase the remaining 20% of the share capital of the Target Companies, as well as also be able to proceed with the possible purchase of five real estate complexes instrumental to the operational activity currently used by the Target Companies themselves. Greenthesis Group was supported through resources deriving from the financing of €50 million finalized by Greenthesis with a pool of banks financing companies.Greenthesis S.p.A. (BIT:GTH) completed the acquisition of an 80% stake in Elite Ambiente Srl on February 1, 2024.공지 • Dec 21Greenthesis S.p.A. (BIT:GTH) acquired 70% stake in Bigaran Srl.Greenthesis S.p.A. (BIT:GTH) acquired 70% stake in Bigaran Srl on December 18, 2023. The Enterprise Value of Bigaran, which closed the 2022 financial year with a turnover exceeding €20 million, was determined at €17 million, divided into a fixed part and a variable part, the latter linked to a earnout based on the results that it will achieve in the financial years 2024, 2025 and 2026. Pursuant to the agreements signed, the following are also envisaged, among other things: (i) a sale option in favor of the minority shareholders, concerning the shareholding held by them in the share capital of Bigaran, to be exercised in a single solution in the period between April 1, 2027 and September 30, 2027, as well as (ii) a purchase option in favor of Greenthesis SpA, concerning 30% of the share capital of Target held jointly by the minority shareholders, to be exercised in a single solution in the period between April 1, 2028 and September 30, 2028. This acquisition, in line with the strategic-industrial assumptions of the Greenthesis Group of strengthening itself with assets characterized by businesses with a high component of circular activities , will allow it to obtain important operational and commercial synergies for the benefit of the customer base in North-East Italy. Natixis Corporate & Investment Banking acted as M&A advisor, Chiomenti Studio Legale acted as legal advisor and Ferraro, Ginevra, Gualtieri – Studio Internazionale advised to Greenthesis and seller was assisted by Studio Casonato.Greenthesis S.p.A. (BIT:GTH) completed the acquisition of 70% stake in Bigaran Srl on December 18, 2023.Reported Earnings • Sep 26First half 2023 earnings released: EPS: €0.054 (vs €0.051 in 1H 2022)First half 2023 results: EPS: €0.054 (up from €0.051 in 1H 2022). Revenue: €85.0m (up 5.5% from 1H 2022). Net income: €8.21m (up 6.9% from 1H 2022). Profit margin: 9.7% (in line with 1H 2022). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Commercial Services industry in Italy. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 29Upcoming dividend of €0.019 per share at 2.0% yieldEligible shareholders must have bought the stock before 05 June 2023. Payment date: 07 June 2023. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Italian dividend payers (5.3%). Higher than average of industry peers (1.6%).Reported Earnings • Apr 12Full year 2022 earnings releasedFull year 2022 results: Revenue: €171.7m (up 11% from FY 2021). Net income: €17.3m (up 79% from FY 2021). Profit margin: 10% (up from 6.2% in FY 2021). The increase in margin was driven by higher revenue.Price Target Changed • Nov 16Price target increased to €1.35Up from €0.90, the current price target is provided by 1 analyst. New target price is 38% above last closing price of €0.98. Stock is up 20% over the past year. The company is forecast to post earnings per share of €0.09 for next year compared to €0.064 last year.Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Chiara Paolino was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Valuation Update With 7 Day Price Move • May 30Investor sentiment improved over the past weekAfter last week's 15% share price gain to €1.03, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Commercial Services industry in Italy. Total returns to shareholders of 180% over the past three years.Board Change • May 04Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Chiara Paolino was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Price Target Changed • Apr 27Price target increased to €1.35Up from €0.90, the current price target is provided by 1 analyst. New target price is 58% above last closing price of €0.86. Stock is up 9.2% over the past year. The company is forecast to post earnings per share of €0.09 for next year compared to €0.064 last year.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Gabriella Chiellino was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 17Full year 2021 earnings: Revenues miss analyst expectationsFull year 2021 results: Revenue: €155.9m (up 83% from FY 2020). Net income: €9.65m (up 211% from FY 2020). Profit margin: 6.2% (up from 3.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 6.1%. Over the next year, revenue is forecast to grow 12%, compared to a 80% growth forecast for the industry in Italy.Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improved over the past weekAfter last week's 20% share price gain to €1.10, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Commercial Services industry in Europe. Total returns to shareholders of 223% over the past three years.분석 기사 • Jan 23Upgrade: Analysts Just Made A Dazzling Increase To Their Ambienthesis S.p.A. (BIT:ATH) ForecastsAmbienthesis S.p.A. ( BIT:ATH ) shareholders will have a reason to smile today, with the covering analyst making...Major Estimate Revision • Jan 22Consensus revenue estimates increase by 58%The consensus outlook for revenues in 2021 has improved. 2021 revenue forecast increased from €105.2m to €166.0m. EPS estimate increased from €0.04 to €0.09 per share. Net income forecast to grow 265% next year vs 27% growth forecast for Commercial Services industry in Italy. Consensus price target up from €0.90 to €1.35. Share price rose 5.5% to €1.16 over the past week.분석 기사 • Dec 09The Return Trends At Ambienthesis (BIT:ATH) Look PromisingThere are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improved over the past weekAfter last week's 25% share price gain to €1.15, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 16x in the Commercial Services industry in Europe. Total returns to shareholders of 255% over the past three years.Reported Earnings • Aug 14First half 2021 earnings released: EPS €0.03 (vs €0.023 in 1H 2020)The company reported a solid first half result with improved earnings and revenues, although profit margins were flat. First half 2021 results: Revenue: €52.9m (up 36% from 1H 2020). Net income: €2.69m (up 35% from 1H 2020). Profit margin: 5.1% (in line with 1H 2020). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Jul 29Ambienthesis (BIT:ATH) Is Experiencing Growth In Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...분석 기사 • Jun 10Calculating The Fair Value Of Ambienthesis S.p.A. (BIT:ATH)How far off is Ambienthesis S.p.A. ( BIT:ATH ) from its intrinsic value? Using the most recent financial data, we'll...Major Estimate Revision • May 23Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from €0.054 to €0.034 per share. Revenue forecast steady at €98.5m. Net income forecast to shrink 0.06% next year vs 25% growth forecast for Commercial Services industry in Italy . Consensus price target of €0.90 unchanged from last update. Share price rose 2.6% to €0.80 over the past week.Major Estimate Revision • May 21Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from €0.054 to €0.034 per share. Revenue forecast steady at €98.5m. Net income forecast to grow 61% next year vs 25% growth forecast for Commercial Services industry in Italy. Consensus price target of €0.90 unchanged from last update. Share price rose 2.6% to €0.80 over the past week.Reported Earnings • Apr 16Full year 2020 earnings released: EPS €0.035 (vs €0.049 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €85.5m (down 1.1% from FY 2019). Net income: €3.10m (down 29% from FY 2019). Profit margin: 3.6% (down from 5.1% in FY 2019). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.분석 기사 • Apr 16Ambienthesis (BIT:ATH) Takes On Some Risk With Its Use Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...분석 기사 • Mar 17Is There More Growth In Store For Ambienthesis' (BIT:ATH) Returns On Capital?To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...Is New 90 Day High Low • Feb 12New 90-day high: €0.84The company is up 41% from its price of €0.60 on 13 November 2020. The Italian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 18% over the same period.분석 기사 • Jan 24If You Had Bought Ambienthesis (BIT:ATH) Stock Three Years Ago, You Could Pocket A 76% Gain TodayBy buying an index fund, investors can approximate the average market return. But if you buy good businesses at...Is New 90 Day High Low • Jan 07New 90-day high: €0.74The company is up 10.0% from its price of €0.68 on 09 October 2020. The Italian market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 15% over the same period.분석 기사 • Jan 03Should You Use Ambienthesis's (BIT:ATH) Statutory Earnings To Analyse It?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...분석 기사 • Dec 13Here’s What’s Happening With Returns At Ambienthesis (BIT:ATH)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Is New 90 Day High Low • Dec 03New 90-day high: €0.71The company is up 2.0% from its price of €0.70 on 04 September 2020. The Italian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 12% over the same period.분석 기사 • Nov 23Ambienthesis (BIT:ATH) Takes On Some Risk With Its Use Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...이익 및 매출 성장 예측BIT:GTH - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2026259232141112/31/2025254232239112/31/202424823-2342112/31/202317315834N/A9/30/2023173161337N/A6/30/2023172181840N/A3/31/2023170181031N/A12/31/202216717323N/A9/30/202216114-220N/A6/30/202215410-717N/A3/31/202215510022N/A12/31/202115510727N/A9/30/2021166121130N/A6/30/2021177151532N/A3/31/2021155131129N/A12/31/202013410825N/A9/30/20201087515N/A6/30/202083414N/A3/31/202085414N/A12/31/201986404N/A9/30/201986504N/A6/30/201985603N/A3/31/201983513N/A12/31/201882313N/A9/30/2018772N/AN/AN/A6/30/201869023N/A3/31/201864-3N/AN/AN/A12/31/201759-3-2-1N/A9/30/201763-6N/AN/AN/A6/30/201770-4N/A1N/A3/31/201776-1N/AN/AN/A12/31/201677-2N/A11N/A9/30/201671-9N/A11N/A6/30/201663-11N/A9N/A3/31/201657-13N/A10N/A12/31/201554-13N/A2N/A9/30/201549-8N/A10N/A6/30/201550-8N/A7N/A3/31/201549-12N/A6N/A12/31/201449-11N/A6N/A9/30/201454-6N/A0N/A6/30/201454-7N/A0N/A3/31/201457-3N/A-1N/A12/31/201360-2N/A0N/A9/30/201361-3N/A3N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: GTH 의 연간 예상 수익 증가율(8.4%)이 saving rate(2.4%)보다 높습니다.수익 vs 시장: GTH 의 연간 수익(8.4%)이 Italian 시장(10.6%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: GTH 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: GTH 의 수익(연간 7.9%)이 Italian 시장(연간 5.6%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: GTH 의 수익(연간 7.9%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: GTH의 자본 수익률은 3년 후 29.8%로 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YCommercial-services 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/09/23 09:36종가2024/09/23 00:00수익2023/12/31연간 수익2023/12/31데이터 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 소스Greenthesis S.p.A.는 0명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Price Target Changed • Nov 16Price target increased to €1.35Up from €0.90, the current price target is provided by 1 analyst. New target price is 38% above last closing price of €0.98. Stock is up 20% over the past year. The company is forecast to post earnings per share of €0.09 for next year compared to €0.064 last year.
Price Target Changed • Apr 27Price target increased to €1.35Up from €0.90, the current price target is provided by 1 analyst. New target price is 58% above last closing price of €0.86. Stock is up 9.2% over the past year. The company is forecast to post earnings per share of €0.09 for next year compared to €0.064 last year.
Major Estimate Revision • Jan 22Consensus revenue estimates increase by 58%The consensus outlook for revenues in 2021 has improved. 2021 revenue forecast increased from €105.2m to €166.0m. EPS estimate increased from €0.04 to €0.09 per share. Net income forecast to grow 265% next year vs 27% growth forecast for Commercial Services industry in Italy. Consensus price target up from €0.90 to €1.35. Share price rose 5.5% to €1.16 over the past week.
Major Estimate Revision • May 23Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from €0.054 to €0.034 per share. Revenue forecast steady at €98.5m. Net income forecast to shrink 0.06% next year vs 25% growth forecast for Commercial Services industry in Italy . Consensus price target of €0.90 unchanged from last update. Share price rose 2.6% to €0.80 over the past week.
Major Estimate Revision • May 21Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from €0.054 to €0.034 per share. Revenue forecast steady at €98.5m. Net income forecast to grow 61% next year vs 25% growth forecast for Commercial Services industry in Italy. Consensus price target of €0.90 unchanged from last update. Share price rose 2.6% to €0.80 over the past week.
Upcoming Dividend • May 27Upcoming dividend of €0.03 per shareEligible shareholders must have bought the stock before 03 June 2024. Payment date: 05 June 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Italian dividend payers (5.3%). Lower than average of industry peers (1.9%).
분석 기사 • Apr 13Greenthesis S.p.A.'s (BIT:GTH) 136% Share Price Surge Not Quite Adding UpGreenthesis S.p.A. ( BIT:GTH ) shareholders have had their patience rewarded with a 136% share price jump in the last...
New Risk • Apr 11New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% 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 (13% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (37% average weekly change).
Reported Earnings • Apr 11Full year 2023 earnings released: EPS: €0.10 (vs €0.12 in FY 2022)Full year 2023 results: EPS: €0.10 (down from €0.12 in FY 2022). Revenue: €173.4m (up 3.5% from FY 2022). Net income: €15.0m (down 13% from FY 2022). Profit margin: 8.7% (down from 10% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Apr 08New 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 Risk Share price has been highly volatile over the past 3 months (38% average weekly change). Minor Risks High level of debt (170% net debt to equity). Latest financial reports are more than 6 months old (reported June 2023 fiscal period end).
분석 기사 • Apr 06Greenthesis (BIT:GTH) Is Doing The Right Things To Multiply Its Share PriceTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
New Risk • Apr 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 37% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (37% average weekly change). Minor Risk High level of debt (170% net debt to equity).
공지 • Feb 02Greenthesis S.p.A. (BIT:GTH) acquired an 80% stake in Elite Ambiente Srl.Greenthesis S.p.A. (BIT:GTH) acquired an 80% stake in Elite Ambiente Srl on February 1, 2024. In related transaction, Greenthesis S.p.A. acquired Ecorex Srl, Euro Veneta Srl, Emme Trasporti Srl and Execo Srl from ETHAN Group. Aggregately, the equity value of consideration for 80% is €25.3 million. In the context of the binding agreements signed between the parties in reference to the Operation, it is also expected that, by June 30, 2026, Greenthesis will also purchase the remaining 20% of the share capital of the Target Companies, as well as also be able to proceed with the possible purchase of five real estate complexes instrumental to the operational activity currently used by the Target Companies themselves. Greenthesis Group was supported through resources deriving from the financing of €50 million finalized by Greenthesis with a pool of banks financing companies.Greenthesis S.p.A. (BIT:GTH) completed the acquisition of an 80% stake in Elite Ambiente Srl on February 1, 2024.
공지 • Dec 21Greenthesis S.p.A. (BIT:GTH) acquired 70% stake in Bigaran Srl.Greenthesis S.p.A. (BIT:GTH) acquired 70% stake in Bigaran Srl on December 18, 2023. The Enterprise Value of Bigaran, which closed the 2022 financial year with a turnover exceeding €20 million, was determined at €17 million, divided into a fixed part and a variable part, the latter linked to a earnout based on the results that it will achieve in the financial years 2024, 2025 and 2026. Pursuant to the agreements signed, the following are also envisaged, among other things: (i) a sale option in favor of the minority shareholders, concerning the shareholding held by them in the share capital of Bigaran, to be exercised in a single solution in the period between April 1, 2027 and September 30, 2027, as well as (ii) a purchase option in favor of Greenthesis SpA, concerning 30% of the share capital of Target held jointly by the minority shareholders, to be exercised in a single solution in the period between April 1, 2028 and September 30, 2028. This acquisition, in line with the strategic-industrial assumptions of the Greenthesis Group of strengthening itself with assets characterized by businesses with a high component of circular activities , will allow it to obtain important operational and commercial synergies for the benefit of the customer base in North-East Italy. Natixis Corporate & Investment Banking acted as M&A advisor, Chiomenti Studio Legale acted as legal advisor and Ferraro, Ginevra, Gualtieri – Studio Internazionale advised to Greenthesis and seller was assisted by Studio Casonato.Greenthesis S.p.A. (BIT:GTH) completed the acquisition of 70% stake in Bigaran Srl on December 18, 2023.
Reported Earnings • Sep 26First half 2023 earnings released: EPS: €0.054 (vs €0.051 in 1H 2022)First half 2023 results: EPS: €0.054 (up from €0.051 in 1H 2022). Revenue: €85.0m (up 5.5% from 1H 2022). Net income: €8.21m (up 6.9% from 1H 2022). Profit margin: 9.7% (in line with 1H 2022). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Commercial Services industry in Italy. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 29Upcoming dividend of €0.019 per share at 2.0% yieldEligible shareholders must have bought the stock before 05 June 2023. Payment date: 07 June 2023. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Italian dividend payers (5.3%). Higher than average of industry peers (1.6%).
Reported Earnings • Apr 12Full year 2022 earnings releasedFull year 2022 results: Revenue: €171.7m (up 11% from FY 2021). Net income: €17.3m (up 79% from FY 2021). Profit margin: 10% (up from 6.2% in FY 2021). The increase in margin was driven by higher revenue.
Price Target Changed • Nov 16Price target increased to €1.35Up from €0.90, the current price target is provided by 1 analyst. New target price is 38% above last closing price of €0.98. Stock is up 20% over the past year. The company is forecast to post earnings per share of €0.09 for next year compared to €0.064 last year.
Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Chiara Paolino was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Valuation Update With 7 Day Price Move • May 30Investor sentiment improved over the past weekAfter last week's 15% share price gain to €1.03, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Commercial Services industry in Italy. Total returns to shareholders of 180% over the past three years.
Board Change • May 04Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Chiara Paolino was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Price Target Changed • Apr 27Price target increased to €1.35Up from €0.90, the current price target is provided by 1 analyst. New target price is 58% above last closing price of €0.86. Stock is up 9.2% over the past year. The company is forecast to post earnings per share of €0.09 for next year compared to €0.064 last year.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Gabriella Chiellino was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 17Full year 2021 earnings: Revenues miss analyst expectationsFull year 2021 results: Revenue: €155.9m (up 83% from FY 2020). Net income: €9.65m (up 211% from FY 2020). Profit margin: 6.2% (up from 3.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 6.1%. Over the next year, revenue is forecast to grow 12%, compared to a 80% growth forecast for the industry in Italy.
Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improved over the past weekAfter last week's 20% share price gain to €1.10, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Commercial Services industry in Europe. Total returns to shareholders of 223% over the past three years.
분석 기사 • Jan 23Upgrade: Analysts Just Made A Dazzling Increase To Their Ambienthesis S.p.A. (BIT:ATH) ForecastsAmbienthesis S.p.A. ( BIT:ATH ) shareholders will have a reason to smile today, with the covering analyst making...
Major Estimate Revision • Jan 22Consensus revenue estimates increase by 58%The consensus outlook for revenues in 2021 has improved. 2021 revenue forecast increased from €105.2m to €166.0m. EPS estimate increased from €0.04 to €0.09 per share. Net income forecast to grow 265% next year vs 27% growth forecast for Commercial Services industry in Italy. Consensus price target up from €0.90 to €1.35. Share price rose 5.5% to €1.16 over the past week.
분석 기사 • Dec 09The Return Trends At Ambienthesis (BIT:ATH) Look PromisingThere are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improved over the past weekAfter last week's 25% share price gain to €1.15, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 16x in the Commercial Services industry in Europe. Total returns to shareholders of 255% over the past three years.
Reported Earnings • Aug 14First half 2021 earnings released: EPS €0.03 (vs €0.023 in 1H 2020)The company reported a solid first half result with improved earnings and revenues, although profit margins were flat. First half 2021 results: Revenue: €52.9m (up 36% from 1H 2020). Net income: €2.69m (up 35% from 1H 2020). Profit margin: 5.1% (in line with 1H 2020). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Jul 29Ambienthesis (BIT:ATH) Is Experiencing Growth In Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
분석 기사 • Jun 10Calculating The Fair Value Of Ambienthesis S.p.A. (BIT:ATH)How far off is Ambienthesis S.p.A. ( BIT:ATH ) from its intrinsic value? Using the most recent financial data, we'll...
Major Estimate Revision • May 23Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from €0.054 to €0.034 per share. Revenue forecast steady at €98.5m. Net income forecast to shrink 0.06% next year vs 25% growth forecast for Commercial Services industry in Italy . Consensus price target of €0.90 unchanged from last update. Share price rose 2.6% to €0.80 over the past week.
Major Estimate Revision • May 21Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from €0.054 to €0.034 per share. Revenue forecast steady at €98.5m. Net income forecast to grow 61% next year vs 25% growth forecast for Commercial Services industry in Italy. Consensus price target of €0.90 unchanged from last update. Share price rose 2.6% to €0.80 over the past week.
Reported Earnings • Apr 16Full year 2020 earnings released: EPS €0.035 (vs €0.049 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €85.5m (down 1.1% from FY 2019). Net income: €3.10m (down 29% from FY 2019). Profit margin: 3.6% (down from 5.1% in FY 2019). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
분석 기사 • Apr 16Ambienthesis (BIT:ATH) Takes On Some Risk With Its Use Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
분석 기사 • Mar 17Is There More Growth In Store For Ambienthesis' (BIT:ATH) Returns On Capital?To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
Is New 90 Day High Low • Feb 12New 90-day high: €0.84The company is up 41% from its price of €0.60 on 13 November 2020. The Italian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 18% over the same period.
분석 기사 • Jan 24If You Had Bought Ambienthesis (BIT:ATH) Stock Three Years Ago, You Could Pocket A 76% Gain TodayBy buying an index fund, investors can approximate the average market return. But if you buy good businesses at...
Is New 90 Day High Low • Jan 07New 90-day high: €0.74The company is up 10.0% from its price of €0.68 on 09 October 2020. The Italian market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 15% over the same period.
분석 기사 • Jan 03Should You Use Ambienthesis's (BIT:ATH) Statutory Earnings To Analyse It?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...
분석 기사 • Dec 13Here’s What’s Happening With Returns At Ambienthesis (BIT:ATH)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Is New 90 Day High Low • Dec 03New 90-day high: €0.71The company is up 2.0% from its price of €0.70 on 04 September 2020. The Italian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 12% over the same period.
분석 기사 • Nov 23Ambienthesis (BIT:ATH) Takes On Some Risk With Its Use Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...