View Financial HealthEmak 배당 및 자사주 매입배당 기준 점검 4/6Emak 수익으로 충분히 충당되는 현재 수익률 3.32% 보유한 배당금 지급 회사입니다. 다음 지급일은 3rd June, 2026 이며 배당락일은 다음과 같습니다. 1st June, 2026.핵심 정보3.3%배당 수익률-0.3%자사주 매입 수익률총 주주 수익률3.0%미래 배당 수익률6.5%배당 성장률3.6%다음 배당 지급일03 Jun 26배당락일01 Jun 26주당 배당금n/a배당 성향40%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • May 25Upcoming dividend of €0.03 per shareEligible shareholders must have bought the stock before 01 June 2026. Payment date: 03 June 2026. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Italian dividend payers (4.5%). In line with average of industry peers (3.6%).Declared Dividend • Mar 19Dividend increased to €0.03Dividend of €0.03 is 20% higher than last year. Ex-date: 1st June 2026 Payment date: 3rd June 2026 Dividend yield will be 3.7%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 66% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공시 • Mar 18Emak S.p.A. announces Annual dividend, payable on June 03, 2026Emak S.p.A. announced Annual dividend of EUR 0.0300 per share payable on June 03, 2026, ex-date on June 01, 2026 and record date on June 02, 2026.Upcoming Dividend • May 26Upcoming dividend of €0.025 per shareEligible shareholders must have bought the stock before 02 June 2025. Payment date: 04 June 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Italian dividend payers (5.4%). Lower than average of industry peers (4.4%).분석 기사 • Mar 31Emak (BIT:EM) Will Pay A Smaller Dividend Than Last YearEmak S.p.A.'s ( BIT:EM ) dividend is being reduced from last year's payment covering the same period to €0.025 on the...분석 기사 • Mar 17Emak's (BIT:EM) Shareholders Will Receive A Smaller Dividend Than Last YearEmak S.p.A. ( BIT:EM ) has announced that on 4th of June, it will be paying a dividend of€0.025, which a reduction from...모든 업데이트 보기Recent updatesUpcoming Dividend • May 25Upcoming dividend of €0.03 per shareEligible shareholders must have bought the stock before 01 June 2026. Payment date: 03 June 2026. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Italian dividend payers (4.5%). In line with average of industry peers (3.6%).Reported Earnings • May 17First quarter 2026 earnings released: EPS: €0.06 (vs €0.067 in 1Q 2025)First quarter 2026 results: EPS: €0.06 (down from €0.067 in 1Q 2025). Revenue: €177.6m (down 7.6% from 1Q 2025). Net income: €9.82m (down 10% from 1Q 2025). Profit margin: 5.5% (down from 5.7% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.공시 • Mar 23Emak S.p.A., Annual General Meeting, Apr 21, 2026Emak S.p.A., Annual General Meeting, Apr 21, 2026, at 10:00 W. Europe Standard Time.Declared Dividend • Mar 19Dividend increased to €0.03Dividend of €0.03 is 20% higher than last year. Ex-date: 1st June 2026 Payment date: 3rd June 2026 Dividend yield will be 3.7%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 66% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공시 • Mar 18Emak S.p.A. announces Annual dividend, payable on June 03, 2026Emak S.p.A. announced Annual dividend of EUR 0.0300 per share payable on June 03, 2026, ex-date on June 01, 2026 and record date on June 02, 2026.Reported Earnings • Mar 16Full year 2025 earnings released: EPS: €0.083 (vs €0.035 in FY 2024)Full year 2025 results: EPS: €0.083 (up from €0.035 in FY 2024). Revenue: €617.5m (up 2.6% from FY 2024). Net income: €13.5m (up 135% from FY 2024). Profit margin: 2.2% (up from 1.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Mar 12Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.5% to €0.82. The fair value is estimated to be €1.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 43%. Revenue is forecast to grow by 4.2% in 2 years. Earnings are forecast to grow by 80% in the next 2 years.Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: €0.008 (vs €0.003 loss in 3Q 2024)Third quarter 2025 results: EPS: €0.008 (up from €0.003 loss in 3Q 2024). Revenue: €126.8m (down 1.6% from 3Q 2024). Net income: €1.33m (up €1.83m from 3Q 2024). Profit margin: 1.0% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Oct 06Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 15% to €1.04. The fair value is estimated to be €0.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 48%. Revenue is forecast to grow by 5.6% in 2 years. Earnings are forecast to grow by 106% in the next 2 years.Price Target Changed • Sep 02Price target increased by 10% to €1.60Up from €1.45, the current price target is provided by 1 analyst. New target price is 60% above last closing price of €1.00. Stock is down 0.1% over the past year. The company is forecast to post earnings per share of €0.091 for next year compared to €0.035 last year.Reported Earnings • Aug 10Second quarter 2025 earnings released: EPS: €0.054 (vs €0.039 in 2Q 2024)Second quarter 2025 results: EPS: €0.054 (up from €0.039 in 2Q 2024). Revenue: €179.0m (up 2.1% from 2Q 2024). Net income: €8.69m (up 36% from 2Q 2024). Profit margin: 4.9% (up from 3.6% in 2Q 2024). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Jun 27Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 3.0% to €0.87. The fair value is estimated to be €0.72, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 48%. Revenue is forecast to grow by 5.1% in 2 years. Earnings are forecast to grow by 138% in the next 2 years.Upcoming Dividend • May 26Upcoming dividend of €0.025 per shareEligible shareholders must have bought the stock before 02 June 2025. Payment date: 04 June 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Italian dividend payers (5.4%). Lower than average of industry peers (4.4%).Reported Earnings • May 17First quarter 2025 earnings released: EPS: €0.067 (vs €0.047 in 1Q 2024)First quarter 2025 results: EPS: €0.067 (up from €0.047 in 1Q 2024). Revenue: €193.3m (up 14% from 1Q 2024). Net income: €11.0m (up 45% from 1Q 2024). Profit margin: 5.7% (up from 4.5% in 1Q 2024). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.분석 기사 • May 06The Price Is Right For Emak S.p.A. (BIT:EM)With a price-to-earnings (or "P/E") ratio of 24.2x Emak S.p.A. ( BIT:EM ) may be sending very bearish signals at the...Buy Or Sell Opportunity • Apr 22Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 16% to €0.74. The fair value is estimated to be €0.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 44%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings are also forecast to grow by 39% per annum over the same time period.Buy Or Sell Opportunity • Apr 07Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 20% to €0.73. The fair value is estimated to be €0.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 44%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings are also forecast to grow by 39% per annum over the same time period.분석 기사 • Apr 04Some Investors May Be Willing To Look Past Emak's (BIT:EM) Soft EarningsShareholders appeared unconcerned with Emak S.p.A.'s ( BIT:EM ) lackluster earnings report last week. We did some...New Risk • Mar 31New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 29% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.0% net profit margin).분석 기사 • Mar 31Emak (BIT:EM) Will Pay A Smaller Dividend Than Last YearEmak S.p.A.'s ( BIT:EM ) dividend is being reduced from last year's payment covering the same period to €0.025 on the...Major Estimate Revision • Mar 25Consensus EPS estimates fall by 16%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from €0.112 to €0.094 per share. Revenue forecast steady at €626.0m. Net income forecast to grow 168% next year vs 9.7% growth forecast for Consumer Durables industry in Italy. Consensus price target of €1.45 unchanged from last update. Share price fell 2.2% to €0.85 over the past week.Price Target Changed • Mar 24Price target decreased by 9.4% to €1.45Down from €1.60, the current price target is provided by 1 analyst. New target price is 70% above last closing price of €0.85. Stock is down 26% over the past year. The company is forecast to post earnings per share of €0.094 for next year compared to €0.035 last year.공시 • Mar 21Emak S.p.A., Annual General Meeting, Apr 29, 2025Emak S.p.A., Annual General Meeting, Apr 29, 2025, at 10:00 W. Europe Standard Time.분석 기사 • Mar 17Emak's (BIT:EM) Shareholders Will Receive A Smaller Dividend Than Last YearEmak S.p.A. ( BIT:EM ) has announced that on 4th of June, it will be paying a dividend of€0.025, which a reduction from...Declared Dividend • Mar 16Dividend reduced to €0.025Dividend of €0.025 is 44% lower than last year. Ex-date: 2nd June 2025 Payment date: 4th June 2025 Dividend yield will be 2.8%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (71% earnings payout ratio) and cash flows (86% cash payout ratio). The dividend has increased by an average of 6.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 138% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 14Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: €0.035 (down from €0.12 in FY 2023). Revenue: €607.0m (up 7.2% from FY 2023). Net income: €5.76m (down 70% from FY 2023). Profit margin: 0.9% (down from 3.4% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 50%. Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.공시 • Mar 14Emak S.p.A. announces Annual dividend, payable on June 04, 2025Emak S.p.A. announced Annual dividend of EUR 0.0250 per share payable on June 04, 2025, ex-date on June 02, 2025 and record date on June 03, 2025.Buy Or Sell Opportunity • Jan 21Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.9% to €0.89. The fair value is estimated to be €1.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 39%. Revenue is forecast to grow by 8.8% in 2 years. Earnings are forecast to grow by 106% in the next 2 years.Buy Or Sell Opportunity • Dec 30Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to €0.89. The fair value is estimated to be €1.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 39%. Revenue is forecast to grow by 8.8% in 2 years. Earnings are forecast to grow by 106% in the next 2 years.Major Estimate Revision • Dec 03Consensus EPS estimates fall by 31%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €615.0m to €600.0m. EPS estimate also fell from €0.102 per share to €0.07 per share. Net income forecast to grow 59% next year vs 15% growth forecast for Consumer Durables industry in Italy. Consensus price target reaffirmed at €1.60. Share price fell 2.3% to €0.87 over the past week.Reported Earnings • Nov 14Third quarter 2024 earnings released: €0.003 loss per share (vs €0.003 profit in 3Q 2023)Third quarter 2024 results: €0.003 loss per share (down from €0.003 profit in 3Q 2023). Revenue: €130.0m (up 9.5% from 3Q 2023). Net loss: €507.0k (down 194% from profit in 3Q 2023). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.Price Target Changed • Sep 08Price target decreased by 14% to €1.60Down from €1.85, the current price target is provided by 1 analyst. New target price is 62% above last closing price of €0.98. Stock is down 7.3% over the past year. The company is forecast to post earnings per share of €0.10 for next year compared to €0.12 last year.Major Estimate Revision • Sep 08Consensus EPS estimates fall by 37%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €623.0m to €615.0m. EPS estimate also fell from €0.161 per share to €0.102 per share. Net income forecast to grow 73% next year vs 36% growth forecast for Consumer Durables industry in Italy. Consensus price target down from €1.85 to €1.60. Share price fell 2.7% to €0.98 over the past week.Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: €0.039 (vs €0.064 in 2Q 2023)Second quarter 2024 results: EPS: €0.039 (down from €0.064 in 2Q 2023). Revenue: €177.3m (up 11% from 2Q 2023). Net income: €6.37m (down 39% from 2Q 2023). Profit margin: 3.6% (down from 6.5% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Jul 22Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 10% to €1.02. The fair value is estimated to be €1.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 27%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 108% in the next 2 years.Buy Or Sell Opportunity • Jul 01Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.7% to €1.01. The fair value is estimated to be €1.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 27%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 108% in the next 2 years.Upcoming Dividend • May 27Upcoming dividend of €0.045 per shareEligible shareholders must have bought the stock before 03 June 2024. Payment date: 05 June 2024. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Italian dividend payers (5.3%). Higher than average of industry peers (2.6%).Reported Earnings • May 17First quarter 2024 earnings released: EPS: €0.047 (vs €0.068 in 1Q 2023)First quarter 2024 results: EPS: €0.047 (down from €0.068 in 1Q 2023). Revenue: €171.0m (flat on 1Q 2023). Net income: €7.59m (down 32% from 1Q 2023). Profit margin: 4.4% (down from 6.5% in 1Q 2023). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • May 13Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 23% to €1.21. The fair value is estimated to be €0.98, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has declined by 16%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.New Risk • Mar 31New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 3.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (3.0x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.4% net profit margin).Major Estimate Revision • Mar 21Consensus EPS estimates increase by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from €585.0m to €623.0m. EPS estimate increased from €0.14 to €0.161 per share. Net income forecast to grow 36% next year vs 7.8% growth forecast for Consumer Durables industry in Italy. Consensus price target up from €1.55 to €1.85. Share price rose 15% to €1.12 over the past week.Declared Dividend • Mar 18Dividend of €0.045 announcedShareholders will receive a dividend of €0.045. Ex-date: 3rd June 2024 Payment date: 5th June 2024 Dividend yield will be 4.6%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 11% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 38% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 17Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: €0.12 (down from €0.18 in FY 2022). Revenue: €571.8m (down 5.6% from FY 2022). Net income: €19.1m (down 37% from FY 2022). Profit margin: 3.3% (down from 5.0% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.분석 기사 • Dec 23A Look At The Fair Value Of Emak S.p.A. (BIT:EM)Key Insights Using the 2 Stage Free Cash Flow to Equity, Emak fair value estimate is €0.97 Emak's €1.06 share price...Major Estimate Revision • Dec 01Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €580.4m to €568.0m. EPS estimate also fell from €0.135 per share to €0.117 per share. Net income forecast to grow 37% next year vs 18% growth forecast for Consumer Durables industry in Italy. Consensus price target down from €1.70 to €1.55. Share price was steady at €0.95 over the past week.Price Target Changed • Nov 30Price target decreased by 14% to €1.55Down from €1.80, the current price target is provided by 1 analyst. New target price is 63% above last closing price of €0.95. Stock is down 23% over the past year. The company is forecast to post earnings per share of €0.12 for next year compared to €0.19 last year.Reported Earnings • Nov 17Third quarter 2023 earnings released: EPS: €0.003 (vs €0.031 in 3Q 2022)Third quarter 2023 results: EPS: €0.003 (down from €0.031 in 3Q 2022). Revenue: €119.6m (down 3.6% from 3Q 2022). Net income: €542.0k (down 89% from 3Q 2022). Profit margin: 0.5% (down from 4.1% in 3Q 2022). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has remained flat.Price Target Changed • Sep 07Price target decreased by 11% to €1.70Down from €1.90, the current price target is provided by 1 analyst. New target price is 59% above last closing price of €1.07. Stock is up 0.9% over the past year. The company is forecast to post earnings per share of €0.15 for next year compared to €0.19 last year.New Risk • Aug 10New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.6% Last year net profit margin: 5.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (60% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.6% net profit margin).Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: €0.064 (vs €0.089 in 2Q 2022)Second quarter 2023 results: EPS: €0.064 (down from €0.089 in 2Q 2022). Revenue: €161.9m (down 9.0% from 2Q 2022). Net income: €10.4m (down 29% from 2Q 2022). Profit margin: 6.4% (down from 8.2% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 7% per year.Upcoming Dividend • May 29Upcoming dividend of €0.065 per share at 6.0% yieldEligible shareholders must have bought the stock before 05 June 2023. Payment date: 07 June 2023. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 6.0%. Within top quartile of Italian dividend payers (5.3%). Higher than average of industry peers (2.1%).Reported Earnings • May 16First quarter 2023 earnings released: EPS: €0.068 (vs €0.10 in 1Q 2022)First quarter 2023 results: EPS: €0.068 (down from €0.10 in 1Q 2022). Revenue: €173.0m (down 9.1% from 1Q 2022). Net income: €11.1m (down 33% from 1Q 2022). Profit margin: 6.4% (down from 8.7% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Consumer Durables industry in Italy. 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 22% per year.분석 기사 • Apr 09Emak's (BIT:EM) Soft Earnings Are Actually Better Than They AppearEmak S.p.A.'s ( BIT:EM ) stock was strong despite it releasing a soft earnings report last week. However, we think the...Reported Earnings • Mar 18Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: €0.18 (down from €0.20 in FY 2021). Revenue: €610.5m (up 3.8% from FY 2021). Net income: €30.3m (down 6.9% from FY 2021). Profit margin: 5.0% (down from 5.5% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.1%. Revenue is forecast to grow 1.5% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Nov 18Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.17 to €0.19. Revenue forecast unchanged at €605.0m. Net income forecast to shrink 11% next year vs 35% growth forecast for Consumer Durables industry in Italy . Consensus price target down from €2.05 to €1.90. Share price was steady at €1.19 over the past week.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: €0.031 (vs €0.037 in 3Q 2021)Third quarter 2022 results: EPS: €0.031 (down from €0.037 in 3Q 2021). Revenue: €124.1m (down 5.5% from 3Q 2021). Net income: €5.06m (down 17% from 3Q 2021). Profit margin: 4.1% (down from 4.6% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: €0.031 (vs €0.037 in 3Q 2021)Third quarter 2022 results: EPS: €0.031 (down from €0.037 in 3Q 2021). Revenue: €125.3m (down 4.6% from 3Q 2021). Net income: €5.06m (down 17% from 3Q 2021). Profit margin: 4.0% (down from 4.6% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.분석 기사 • Nov 10Returns On Capital At Emak (BIT:EM) Have StalledIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Buying Opportunity • Nov 02Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 23%. The fair value is estimated to be €1.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 41%. Revenue is forecast to grow by 1.4% in 2 years. Earnings is forecast to grow by 2.7% in the next 2 years.분석 기사 • Sep 25Emak (BIT:EM) Has A Somewhat Strained Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Major Estimate Revision • Sep 06Consensus EPS estimates fall by 17%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from €620.0m to €605.0m. EPS estimate also fell from €0.21 per share to €0.17 per share. Net income forecast to shrink 6.5% next year vs 13% growth forecast for Consumer Durables industry in Italy . Consensus price target down from €2.50 to €2.05. Share price fell 8.0% to €1.04 over the past week.Price Target Changed • Sep 05Price target decreased to €2.05Down from €2.65, the current price target is provided by 1 analyst. New target price is 89% above last closing price of €1.09. Stock is down 47% over the past year. The company is forecast to post earnings per share of €0.21 for next year compared to €0.20 last year.Reported Earnings • Aug 08Second quarter 2022 earnings released: EPS: €0.089 (vs €0.098 in 2Q 2021)Second quarter 2022 results: EPS: €0.089 (down from €0.098 in 2Q 2021). Revenue: €178.0m (up 4.6% from 2Q 2021). Net income: €14.6m (down 8.6% from 2Q 2021). Profit margin: 8.2% (down from 9.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 11% growth forecast for the industry in Italy. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.분석 기사 • Jul 26Slowing Rates Of Return At Emak (BIT:EM) Leave Little Room For ExcitementIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Upcoming Dividend • May 30Upcoming dividend of €0.075 per shareEligible shareholders must have bought the stock before 06 June 2022. Payment date: 08 June 2022. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Italian dividend payers (4.8%). Higher than average of industry peers (2.6%).분석 기사 • May 26Emak (BIT:EM) Has Announced That It Will Be Increasing Its Dividend To €0.075Emak S.p.A. ( BIT:EM ) will increase its dividend on the 8th of June to €0.075. This will take the annual payment from...분석 기사 • May 12Emak (BIT:EM) Will Pay A Larger Dividend Than Last Year At €0.075Emak S.p.A. ( BIT:EM ) has announced that it will be increasing its dividend on the 8th of June to €0.075. This takes...Price Target Changed • Apr 27Price target decreased to €2.65Down from €3.00, the current price target is provided by 1 analyst. New target price is 85% above last closing price of €1.43. Stock is up 3.8% over the past year. The company is forecast to post earnings per share of €0.20 for next year compared to €0.20 last year.Price Target Changed • Mar 22Price target decreased to €2.65Down from €3.00, the current price target is provided by 1 analyst. New target price is 77% above last closing price of €1.49. Stock is up 13% over the past year. The company is forecast to post earnings per share of €0.22 for next year compared to €0.20 last year.분석 기사 • Mar 19Emak's (BIT:EM) Shareholders Will Receive A Bigger Dividend Than Last YearEmak S.p.A. ( BIT:EM ) has announced that it will be increasing its dividend on the 8th of June to €0.075, which will...Reported Earnings • Mar 18Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: €0.20 (up from €0.12 in FY 2020). Revenue: €593.4m (up 26% from FY 2020). Net income: €32.5m (up 68% from FY 2020). Profit margin: 5.5% (up from 4.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 2.1%, compared to a 10.0% growth forecast for the industry in Italy. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Feb 14Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be €2.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% per annum over the last 3 years. Earnings per share has grown by 24% per annum over the last 3 years.Buying Opportunity • Jan 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be €2.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% per annum over the last 3 years. Earnings per share has grown by 24% per annum over the last 3 years.Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improved over the past weekAfter last week's 18% share price gain to €2.28, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Consumer Durables industry in Italy. Total returns to shareholders of 86% over the past three years.분석 기사 • Nov 25What Does Emak S.p.A.'s (BIT:EM) Share Price Indicate?Emak S.p.A. ( BIT:EM ), might not be a large cap stock, but it led the BIT gainers with a relatively large price hike...Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS €0.037 (vs €0.029 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €132.8m (up 18% from 3Q 2020). Net income: €6.07m (up 28% from 3Q 2020). Profit margin: 4.6% (up from 4.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS €0.098 (vs €0.042 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €170.1m (up 31% from 2Q 2020). Net income: €16.0m (up 130% from 2Q 2020). Profit margin: 9.4% (up from 5.4% in 2Q 2020). The increase in margin was driven by higher revenue. 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 13% per year.분석 기사 • Jul 27Here's Why Emak (BIT:EM) Can Manage Its Debt ResponsiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Upcoming Dividend • Jun 01Upcoming dividend of €0.045 per shareEligible shareholders must have bought the stock before 07 June 2021. Payment date: 09 June 2021. Trailing yield: 2.3%. Lower than top quartile of Italian dividend payers (3.7%). Higher than average of industry peers (1.6%).Major Estimate Revision • May 27Consensus revenue estimates increase to €540.0mThe consensus outlook for revenues in 2021 has improved. 2021 revenue forecast increased from €489.0m to €540.0m. EPS estimate increased from €0.13 to €0.17 per share. Net income forecast to shrink 5.5% next year vs 63% growth forecast for Consumer Durables industry in Italy . Consensus price target up from €1.85 to €2.40. Share price rose 9.4% to €1.84 over the past week.분석 기사 • May 26The Emak S.p.A. (BIT:EM) Analyst Just Boosted Their Forecasts By A Substantial AmountEmak S.p.A. ( BIT:EM ) shareholders will have a reason to smile today, with the covering analyst making substantial...분석 기사 • May 21Is Now The Time To Look At Buying Emak S.p.A. (BIT:EM)?Emak S.p.A. ( BIT:EM ), is not the largest company out there, but it saw a significant share price rise of over 20% in...Reported Earnings • May 13First quarter 2021 earnings released: EPS €0.093 (vs €0.024 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €164.3m (up 39% from 1Q 2020). Net income: €15.1m (up 291% from 1Q 2020). Profit margin: 9.2% (up from 3.3% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.분석 기사 • May 03Emak (BIT:EM) Hasn't Managed To Accelerate Its ReturnsIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...분석 기사 • Apr 04What Makes Emak S.p.A. (BIT:EM) A Great Dividend Stock?Dividend paying stocks like Emak S.p.A. ( BIT:EM ) tend to be popular with investors, and for good reason - some...분석 기사 • Mar 20Is Emak (BIT:EM) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Reported Earnings • Mar 19Full year 2020 earnings released: EPS €0.12 (vs €0.079 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €469.8m (up 8.3% from FY 2019). Net income: €19.3m (up 49% from FY 2019). Profit margin: 4.1% (up from 3.0% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.분석 기사 • Mar 05Should Emak (BIT:EM) Be Disappointed With Their 48% Profit?When we invest, we're generally looking for stocks that outperform the market average. And while active stock picking...Is New 90 Day High Low • Feb 22New 90-day high: €1.22The company is up 26% from its price of €0.97 on 24 November 2020. The Italian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 16% over the same period.분석 기사 • Feb 15At €1.21, Is Emak S.p.A. (BIT:EM) Worth Looking At Closely?Emak S.p.A. ( BIT:EM ), is not the largest company out there, but it led the BIT gainers with a relatively large price...Is New 90 Day High Low • Jan 30New 90-day high: €1.19The company is up 47% from its price of €0.81 on 30 October 2020. The Italian market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 11% over the same period.분석 기사 • Jan 29Is Emak (BIT:EM) Likely To Turn Things Around?If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...분석 기사 • Jan 11Emak S.p.A.'s (BIT:EM) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?Most readers would already be aware that Emak's (BIT:EM) stock increased significantly by 27% over the past three...Is New 90 Day High Low • Jan 07New 90-day high: €1.16The company is up 31% from its price of €0.89 on 09 October 2020. The Italian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is down 5.0% over the same period.분석 기사 • Dec 27Estimating The Fair Value Of Emak S.p.A. (BIT:EM)In this article we are going to estimate the intrinsic value of Emak S.p.A. ( BIT:EM ) by estimating the company's...예정된 배당 지급오늘May 30 2026배당락일Jun 01 2026배당 지급일Jun 03 20262 days (배당락일 기준)다음 배당금을 받으려면 앞으로 1 day일 이내에 매수하세요지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: EM 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: EM 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Emak 배당 수익률 vs 시장EM의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (EM)3.3%시장 하위 25% (IT)1.6%시장 상위 25% (IT)4.7%업계 평균 (Consumer Durables)3.6%분석가 예측 (EM) (최대 3년)6.5%주목할만한 배당금: EM 의 배당금( 3.32% )은 Italian 시장에서 배당금 지급자의 하위 25%( 1.57% )보다 높습니다.고배당: EM 의 배당금( 3.32% )은 Italian 시장에서 배당금 지급자의 상위 25%( 4.67% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 39.5% )로 EM 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 20.5% )이 낮기 때문에 EM 의 배당금 지급은 현금 흐름으로 잘 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YIT 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/29 17:33종가2026/05/29 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 소스Emak S.p.A.는 2명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Paola SagliettiBanca Akros S.p.A. (ESN)Carlo MaritanoIntermonte SIM S.p.A.
Upcoming Dividend • May 25Upcoming dividend of €0.03 per shareEligible shareholders must have bought the stock before 01 June 2026. Payment date: 03 June 2026. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Italian dividend payers (4.5%). In line with average of industry peers (3.6%).
Declared Dividend • Mar 19Dividend increased to €0.03Dividend of €0.03 is 20% higher than last year. Ex-date: 1st June 2026 Payment date: 3rd June 2026 Dividend yield will be 3.7%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 66% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공시 • Mar 18Emak S.p.A. announces Annual dividend, payable on June 03, 2026Emak S.p.A. announced Annual dividend of EUR 0.0300 per share payable on June 03, 2026, ex-date on June 01, 2026 and record date on June 02, 2026.
Upcoming Dividend • May 26Upcoming dividend of €0.025 per shareEligible shareholders must have bought the stock before 02 June 2025. Payment date: 04 June 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Italian dividend payers (5.4%). Lower than average of industry peers (4.4%).
분석 기사 • Mar 31Emak (BIT:EM) Will Pay A Smaller Dividend Than Last YearEmak S.p.A.'s ( BIT:EM ) dividend is being reduced from last year's payment covering the same period to €0.025 on the...
분석 기사 • Mar 17Emak's (BIT:EM) Shareholders Will Receive A Smaller Dividend Than Last YearEmak S.p.A. ( BIT:EM ) has announced that on 4th of June, it will be paying a dividend of€0.025, which a reduction from...
Upcoming Dividend • May 25Upcoming dividend of €0.03 per shareEligible shareholders must have bought the stock before 01 June 2026. Payment date: 03 June 2026. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Italian dividend payers (4.5%). In line with average of industry peers (3.6%).
Reported Earnings • May 17First quarter 2026 earnings released: EPS: €0.06 (vs €0.067 in 1Q 2025)First quarter 2026 results: EPS: €0.06 (down from €0.067 in 1Q 2025). Revenue: €177.6m (down 7.6% from 1Q 2025). Net income: €9.82m (down 10% from 1Q 2025). Profit margin: 5.5% (down from 5.7% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
공시 • Mar 23Emak S.p.A., Annual General Meeting, Apr 21, 2026Emak S.p.A., Annual General Meeting, Apr 21, 2026, at 10:00 W. Europe Standard Time.
Declared Dividend • Mar 19Dividend increased to €0.03Dividend of €0.03 is 20% higher than last year. Ex-date: 1st June 2026 Payment date: 3rd June 2026 Dividend yield will be 3.7%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 66% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공시 • Mar 18Emak S.p.A. announces Annual dividend, payable on June 03, 2026Emak S.p.A. announced Annual dividend of EUR 0.0300 per share payable on June 03, 2026, ex-date on June 01, 2026 and record date on June 02, 2026.
Reported Earnings • Mar 16Full year 2025 earnings released: EPS: €0.083 (vs €0.035 in FY 2024)Full year 2025 results: EPS: €0.083 (up from €0.035 in FY 2024). Revenue: €617.5m (up 2.6% from FY 2024). Net income: €13.5m (up 135% from FY 2024). Profit margin: 2.2% (up from 1.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Mar 12Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.5% to €0.82. The fair value is estimated to be €1.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 43%. Revenue is forecast to grow by 4.2% in 2 years. Earnings are forecast to grow by 80% in the next 2 years.
Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: €0.008 (vs €0.003 loss in 3Q 2024)Third quarter 2025 results: EPS: €0.008 (up from €0.003 loss in 3Q 2024). Revenue: €126.8m (down 1.6% from 3Q 2024). Net income: €1.33m (up €1.83m from 3Q 2024). Profit margin: 1.0% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Oct 06Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 15% to €1.04. The fair value is estimated to be €0.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 48%. Revenue is forecast to grow by 5.6% in 2 years. Earnings are forecast to grow by 106% in the next 2 years.
Price Target Changed • Sep 02Price target increased by 10% to €1.60Up from €1.45, the current price target is provided by 1 analyst. New target price is 60% above last closing price of €1.00. Stock is down 0.1% over the past year. The company is forecast to post earnings per share of €0.091 for next year compared to €0.035 last year.
Reported Earnings • Aug 10Second quarter 2025 earnings released: EPS: €0.054 (vs €0.039 in 2Q 2024)Second quarter 2025 results: EPS: €0.054 (up from €0.039 in 2Q 2024). Revenue: €179.0m (up 2.1% from 2Q 2024). Net income: €8.69m (up 36% from 2Q 2024). Profit margin: 4.9% (up from 3.6% in 2Q 2024). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Jun 27Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 3.0% to €0.87. The fair value is estimated to be €0.72, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 48%. Revenue is forecast to grow by 5.1% in 2 years. Earnings are forecast to grow by 138% in the next 2 years.
Upcoming Dividend • May 26Upcoming dividend of €0.025 per shareEligible shareholders must have bought the stock before 02 June 2025. Payment date: 04 June 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Italian dividend payers (5.4%). Lower than average of industry peers (4.4%).
Reported Earnings • May 17First quarter 2025 earnings released: EPS: €0.067 (vs €0.047 in 1Q 2024)First quarter 2025 results: EPS: €0.067 (up from €0.047 in 1Q 2024). Revenue: €193.3m (up 14% from 1Q 2024). Net income: €11.0m (up 45% from 1Q 2024). Profit margin: 5.7% (up from 4.5% in 1Q 2024). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
분석 기사 • May 06The Price Is Right For Emak S.p.A. (BIT:EM)With a price-to-earnings (or "P/E") ratio of 24.2x Emak S.p.A. ( BIT:EM ) may be sending very bearish signals at the...
Buy Or Sell Opportunity • Apr 22Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 16% to €0.74. The fair value is estimated to be €0.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 44%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings are also forecast to grow by 39% per annum over the same time period.
Buy Or Sell Opportunity • Apr 07Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 20% to €0.73. The fair value is estimated to be €0.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 44%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings are also forecast to grow by 39% per annum over the same time period.
분석 기사 • Apr 04Some Investors May Be Willing To Look Past Emak's (BIT:EM) Soft EarningsShareholders appeared unconcerned with Emak S.p.A.'s ( BIT:EM ) lackluster earnings report last week. We did some...
New Risk • Mar 31New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 29% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.0% net profit margin).
분석 기사 • Mar 31Emak (BIT:EM) Will Pay A Smaller Dividend Than Last YearEmak S.p.A.'s ( BIT:EM ) dividend is being reduced from last year's payment covering the same period to €0.025 on the...
Major Estimate Revision • Mar 25Consensus EPS estimates fall by 16%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from €0.112 to €0.094 per share. Revenue forecast steady at €626.0m. Net income forecast to grow 168% next year vs 9.7% growth forecast for Consumer Durables industry in Italy. Consensus price target of €1.45 unchanged from last update. Share price fell 2.2% to €0.85 over the past week.
Price Target Changed • Mar 24Price target decreased by 9.4% to €1.45Down from €1.60, the current price target is provided by 1 analyst. New target price is 70% above last closing price of €0.85. Stock is down 26% over the past year. The company is forecast to post earnings per share of €0.094 for next year compared to €0.035 last year.
공시 • Mar 21Emak S.p.A., Annual General Meeting, Apr 29, 2025Emak S.p.A., Annual General Meeting, Apr 29, 2025, at 10:00 W. Europe Standard Time.
분석 기사 • Mar 17Emak's (BIT:EM) Shareholders Will Receive A Smaller Dividend Than Last YearEmak S.p.A. ( BIT:EM ) has announced that on 4th of June, it will be paying a dividend of€0.025, which a reduction from...
Declared Dividend • Mar 16Dividend reduced to €0.025Dividend of €0.025 is 44% lower than last year. Ex-date: 2nd June 2025 Payment date: 4th June 2025 Dividend yield will be 2.8%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (71% earnings payout ratio) and cash flows (86% cash payout ratio). The dividend has increased by an average of 6.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 138% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 14Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: €0.035 (down from €0.12 in FY 2023). Revenue: €607.0m (up 7.2% from FY 2023). Net income: €5.76m (down 70% from FY 2023). Profit margin: 0.9% (down from 3.4% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 50%. Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
공시 • Mar 14Emak S.p.A. announces Annual dividend, payable on June 04, 2025Emak S.p.A. announced Annual dividend of EUR 0.0250 per share payable on June 04, 2025, ex-date on June 02, 2025 and record date on June 03, 2025.
Buy Or Sell Opportunity • Jan 21Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.9% to €0.89. The fair value is estimated to be €1.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 39%. Revenue is forecast to grow by 8.8% in 2 years. Earnings are forecast to grow by 106% in the next 2 years.
Buy Or Sell Opportunity • Dec 30Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to €0.89. The fair value is estimated to be €1.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 39%. Revenue is forecast to grow by 8.8% in 2 years. Earnings are forecast to grow by 106% in the next 2 years.
Major Estimate Revision • Dec 03Consensus EPS estimates fall by 31%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €615.0m to €600.0m. EPS estimate also fell from €0.102 per share to €0.07 per share. Net income forecast to grow 59% next year vs 15% growth forecast for Consumer Durables industry in Italy. Consensus price target reaffirmed at €1.60. Share price fell 2.3% to €0.87 over the past week.
Reported Earnings • Nov 14Third quarter 2024 earnings released: €0.003 loss per share (vs €0.003 profit in 3Q 2023)Third quarter 2024 results: €0.003 loss per share (down from €0.003 profit in 3Q 2023). Revenue: €130.0m (up 9.5% from 3Q 2023). Net loss: €507.0k (down 194% from profit in 3Q 2023). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.
Price Target Changed • Sep 08Price target decreased by 14% to €1.60Down from €1.85, the current price target is provided by 1 analyst. New target price is 62% above last closing price of €0.98. Stock is down 7.3% over the past year. The company is forecast to post earnings per share of €0.10 for next year compared to €0.12 last year.
Major Estimate Revision • Sep 08Consensus EPS estimates fall by 37%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €623.0m to €615.0m. EPS estimate also fell from €0.161 per share to €0.102 per share. Net income forecast to grow 73% next year vs 36% growth forecast for Consumer Durables industry in Italy. Consensus price target down from €1.85 to €1.60. Share price fell 2.7% to €0.98 over the past week.
Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: €0.039 (vs €0.064 in 2Q 2023)Second quarter 2024 results: EPS: €0.039 (down from €0.064 in 2Q 2023). Revenue: €177.3m (up 11% from 2Q 2023). Net income: €6.37m (down 39% from 2Q 2023). Profit margin: 3.6% (down from 6.5% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Jul 22Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 10% to €1.02. The fair value is estimated to be €1.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 27%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 108% in the next 2 years.
Buy Or Sell Opportunity • Jul 01Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.7% to €1.01. The fair value is estimated to be €1.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 27%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 108% in the next 2 years.
Upcoming Dividend • May 27Upcoming dividend of €0.045 per shareEligible shareholders must have bought the stock before 03 June 2024. Payment date: 05 June 2024. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Italian dividend payers (5.3%). Higher than average of industry peers (2.6%).
Reported Earnings • May 17First quarter 2024 earnings released: EPS: €0.047 (vs €0.068 in 1Q 2023)First quarter 2024 results: EPS: €0.047 (down from €0.068 in 1Q 2023). Revenue: €171.0m (flat on 1Q 2023). Net income: €7.59m (down 32% from 1Q 2023). Profit margin: 4.4% (down from 6.5% in 1Q 2023). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • May 13Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 23% to €1.21. The fair value is estimated to be €0.98, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has declined by 16%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.
New Risk • Mar 31New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 3.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (3.0x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.4% net profit margin).
Major Estimate Revision • Mar 21Consensus EPS estimates increase by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from €585.0m to €623.0m. EPS estimate increased from €0.14 to €0.161 per share. Net income forecast to grow 36% next year vs 7.8% growth forecast for Consumer Durables industry in Italy. Consensus price target up from €1.55 to €1.85. Share price rose 15% to €1.12 over the past week.
Declared Dividend • Mar 18Dividend of €0.045 announcedShareholders will receive a dividend of €0.045. Ex-date: 3rd June 2024 Payment date: 5th June 2024 Dividend yield will be 4.6%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 11% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 38% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 17Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: €0.12 (down from €0.18 in FY 2022). Revenue: €571.8m (down 5.6% from FY 2022). Net income: €19.1m (down 37% from FY 2022). Profit margin: 3.3% (down from 5.0% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.6% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
분석 기사 • Dec 23A Look At The Fair Value Of Emak S.p.A. (BIT:EM)Key Insights Using the 2 Stage Free Cash Flow to Equity, Emak fair value estimate is €0.97 Emak's €1.06 share price...
Major Estimate Revision • Dec 01Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €580.4m to €568.0m. EPS estimate also fell from €0.135 per share to €0.117 per share. Net income forecast to grow 37% next year vs 18% growth forecast for Consumer Durables industry in Italy. Consensus price target down from €1.70 to €1.55. Share price was steady at €0.95 over the past week.
Price Target Changed • Nov 30Price target decreased by 14% to €1.55Down from €1.80, the current price target is provided by 1 analyst. New target price is 63% above last closing price of €0.95. Stock is down 23% over the past year. The company is forecast to post earnings per share of €0.12 for next year compared to €0.19 last year.
Reported Earnings • Nov 17Third quarter 2023 earnings released: EPS: €0.003 (vs €0.031 in 3Q 2022)Third quarter 2023 results: EPS: €0.003 (down from €0.031 in 3Q 2022). Revenue: €119.6m (down 3.6% from 3Q 2022). Net income: €542.0k (down 89% from 3Q 2022). Profit margin: 0.5% (down from 4.1% in 3Q 2022). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has remained flat.
Price Target Changed • Sep 07Price target decreased by 11% to €1.70Down from €1.90, the current price target is provided by 1 analyst. New target price is 59% above last closing price of €1.07. Stock is up 0.9% over the past year. The company is forecast to post earnings per share of €0.15 for next year compared to €0.19 last year.
New Risk • Aug 10New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.6% Last year net profit margin: 5.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (60% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.6% net profit margin).
Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: €0.064 (vs €0.089 in 2Q 2022)Second quarter 2023 results: EPS: €0.064 (down from €0.089 in 2Q 2022). Revenue: €161.9m (down 9.0% from 2Q 2022). Net income: €10.4m (down 29% from 2Q 2022). Profit margin: 6.4% (down from 8.2% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 7% per year.
Upcoming Dividend • May 29Upcoming dividend of €0.065 per share at 6.0% yieldEligible shareholders must have bought the stock before 05 June 2023. Payment date: 07 June 2023. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 6.0%. Within top quartile of Italian dividend payers (5.3%). Higher than average of industry peers (2.1%).
Reported Earnings • May 16First quarter 2023 earnings released: EPS: €0.068 (vs €0.10 in 1Q 2022)First quarter 2023 results: EPS: €0.068 (down from €0.10 in 1Q 2022). Revenue: €173.0m (down 9.1% from 1Q 2022). Net income: €11.1m (down 33% from 1Q 2022). Profit margin: 6.4% (down from 8.7% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Consumer Durables industry in Italy. 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 22% per year.
분석 기사 • Apr 09Emak's (BIT:EM) Soft Earnings Are Actually Better Than They AppearEmak S.p.A.'s ( BIT:EM ) stock was strong despite it releasing a soft earnings report last week. However, we think the...
Reported Earnings • Mar 18Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: €0.18 (down from €0.20 in FY 2021). Revenue: €610.5m (up 3.8% from FY 2021). Net income: €30.3m (down 6.9% from FY 2021). Profit margin: 5.0% (down from 5.5% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.1%. Revenue is forecast to grow 1.5% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Nov 18Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.17 to €0.19. Revenue forecast unchanged at €605.0m. Net income forecast to shrink 11% next year vs 35% growth forecast for Consumer Durables industry in Italy . Consensus price target down from €2.05 to €1.90. Share price was steady at €1.19 over the past week.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: €0.031 (vs €0.037 in 3Q 2021)Third quarter 2022 results: EPS: €0.031 (down from €0.037 in 3Q 2021). Revenue: €124.1m (down 5.5% from 3Q 2021). Net income: €5.06m (down 17% from 3Q 2021). Profit margin: 4.1% (down from 4.6% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: €0.031 (vs €0.037 in 3Q 2021)Third quarter 2022 results: EPS: €0.031 (down from €0.037 in 3Q 2021). Revenue: €125.3m (down 4.6% from 3Q 2021). Net income: €5.06m (down 17% from 3Q 2021). Profit margin: 4.0% (down from 4.6% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Consumer Durables industry in Italy. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
분석 기사 • Nov 10Returns On Capital At Emak (BIT:EM) Have StalledIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Buying Opportunity • Nov 02Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 23%. The fair value is estimated to be €1.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 41%. Revenue is forecast to grow by 1.4% in 2 years. Earnings is forecast to grow by 2.7% in the next 2 years.
분석 기사 • Sep 25Emak (BIT:EM) Has A Somewhat Strained Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Major Estimate Revision • Sep 06Consensus EPS estimates fall by 17%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from €620.0m to €605.0m. EPS estimate also fell from €0.21 per share to €0.17 per share. Net income forecast to shrink 6.5% next year vs 13% growth forecast for Consumer Durables industry in Italy . Consensus price target down from €2.50 to €2.05. Share price fell 8.0% to €1.04 over the past week.
Price Target Changed • Sep 05Price target decreased to €2.05Down from €2.65, the current price target is provided by 1 analyst. New target price is 89% above last closing price of €1.09. Stock is down 47% over the past year. The company is forecast to post earnings per share of €0.21 for next year compared to €0.20 last year.
Reported Earnings • Aug 08Second quarter 2022 earnings released: EPS: €0.089 (vs €0.098 in 2Q 2021)Second quarter 2022 results: EPS: €0.089 (down from €0.098 in 2Q 2021). Revenue: €178.0m (up 4.6% from 2Q 2021). Net income: €14.6m (down 8.6% from 2Q 2021). Profit margin: 8.2% (down from 9.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 11% growth forecast for the industry in Italy. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
분석 기사 • Jul 26Slowing Rates Of Return At Emak (BIT:EM) Leave Little Room For ExcitementIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Upcoming Dividend • May 30Upcoming dividend of €0.075 per shareEligible shareholders must have bought the stock before 06 June 2022. Payment date: 08 June 2022. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Italian dividend payers (4.8%). Higher than average of industry peers (2.6%).
분석 기사 • May 26Emak (BIT:EM) Has Announced That It Will Be Increasing Its Dividend To €0.075Emak S.p.A. ( BIT:EM ) will increase its dividend on the 8th of June to €0.075. This will take the annual payment from...
분석 기사 • May 12Emak (BIT:EM) Will Pay A Larger Dividend Than Last Year At €0.075Emak S.p.A. ( BIT:EM ) has announced that it will be increasing its dividend on the 8th of June to €0.075. This takes...
Price Target Changed • Apr 27Price target decreased to €2.65Down from €3.00, the current price target is provided by 1 analyst. New target price is 85% above last closing price of €1.43. Stock is up 3.8% over the past year. The company is forecast to post earnings per share of €0.20 for next year compared to €0.20 last year.
Price Target Changed • Mar 22Price target decreased to €2.65Down from €3.00, the current price target is provided by 1 analyst. New target price is 77% above last closing price of €1.49. Stock is up 13% over the past year. The company is forecast to post earnings per share of €0.22 for next year compared to €0.20 last year.
분석 기사 • Mar 19Emak's (BIT:EM) Shareholders Will Receive A Bigger Dividend Than Last YearEmak S.p.A. ( BIT:EM ) has announced that it will be increasing its dividend on the 8th of June to €0.075, which will...
Reported Earnings • Mar 18Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: €0.20 (up from €0.12 in FY 2020). Revenue: €593.4m (up 26% from FY 2020). Net income: €32.5m (up 68% from FY 2020). Profit margin: 5.5% (up from 4.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 2.1%, compared to a 10.0% growth forecast for the industry in Italy. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Feb 14Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be €2.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% per annum over the last 3 years. Earnings per share has grown by 24% per annum over the last 3 years.
Buying Opportunity • Jan 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be €2.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.9% per annum over the last 3 years. Earnings per share has grown by 24% per annum over the last 3 years.
Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improved over the past weekAfter last week's 18% share price gain to €2.28, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Consumer Durables industry in Italy. Total returns to shareholders of 86% over the past three years.
분석 기사 • Nov 25What Does Emak S.p.A.'s (BIT:EM) Share Price Indicate?Emak S.p.A. ( BIT:EM ), might not be a large cap stock, but it led the BIT gainers with a relatively large price hike...
Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS €0.037 (vs €0.029 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €132.8m (up 18% from 3Q 2020). Net income: €6.07m (up 28% from 3Q 2020). Profit margin: 4.6% (up from 4.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS €0.098 (vs €0.042 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €170.1m (up 31% from 2Q 2020). Net income: €16.0m (up 130% from 2Q 2020). Profit margin: 9.4% (up from 5.4% in 2Q 2020). The increase in margin was driven by higher revenue. 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 13% per year.
분석 기사 • Jul 27Here's Why Emak (BIT:EM) Can Manage Its Debt ResponsiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Upcoming Dividend • Jun 01Upcoming dividend of €0.045 per shareEligible shareholders must have bought the stock before 07 June 2021. Payment date: 09 June 2021. Trailing yield: 2.3%. Lower than top quartile of Italian dividend payers (3.7%). Higher than average of industry peers (1.6%).
Major Estimate Revision • May 27Consensus revenue estimates increase to €540.0mThe consensus outlook for revenues in 2021 has improved. 2021 revenue forecast increased from €489.0m to €540.0m. EPS estimate increased from €0.13 to €0.17 per share. Net income forecast to shrink 5.5% next year vs 63% growth forecast for Consumer Durables industry in Italy . Consensus price target up from €1.85 to €2.40. Share price rose 9.4% to €1.84 over the past week.
분석 기사 • May 26The Emak S.p.A. (BIT:EM) Analyst Just Boosted Their Forecasts By A Substantial AmountEmak S.p.A. ( BIT:EM ) shareholders will have a reason to smile today, with the covering analyst making substantial...
분석 기사 • May 21Is Now The Time To Look At Buying Emak S.p.A. (BIT:EM)?Emak S.p.A. ( BIT:EM ), is not the largest company out there, but it saw a significant share price rise of over 20% in...
Reported Earnings • May 13First quarter 2021 earnings released: EPS €0.093 (vs €0.024 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €164.3m (up 39% from 1Q 2020). Net income: €15.1m (up 291% from 1Q 2020). Profit margin: 9.2% (up from 3.3% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
분석 기사 • May 03Emak (BIT:EM) Hasn't Managed To Accelerate Its ReturnsIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
분석 기사 • Apr 04What Makes Emak S.p.A. (BIT:EM) A Great Dividend Stock?Dividend paying stocks like Emak S.p.A. ( BIT:EM ) tend to be popular with investors, and for good reason - some...
분석 기사 • Mar 20Is Emak (BIT:EM) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Reported Earnings • Mar 19Full year 2020 earnings released: EPS €0.12 (vs €0.079 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €469.8m (up 8.3% from FY 2019). Net income: €19.3m (up 49% from FY 2019). Profit margin: 4.1% (up from 3.0% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
분석 기사 • Mar 05Should Emak (BIT:EM) Be Disappointed With Their 48% Profit?When we invest, we're generally looking for stocks that outperform the market average. And while active stock picking...
Is New 90 Day High Low • Feb 22New 90-day high: €1.22The company is up 26% from its price of €0.97 on 24 November 2020. The Italian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 16% over the same period.
분석 기사 • Feb 15At €1.21, Is Emak S.p.A. (BIT:EM) Worth Looking At Closely?Emak S.p.A. ( BIT:EM ), is not the largest company out there, but it led the BIT gainers with a relatively large price...
Is New 90 Day High Low • Jan 30New 90-day high: €1.19The company is up 47% from its price of €0.81 on 30 October 2020. The Italian market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 11% over the same period.
분석 기사 • Jan 29Is Emak (BIT:EM) Likely To Turn Things Around?If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
분석 기사 • Jan 11Emak S.p.A.'s (BIT:EM) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?Most readers would already be aware that Emak's (BIT:EM) stock increased significantly by 27% over the past three...
Is New 90 Day High Low • Jan 07New 90-day high: €1.16The company is up 31% from its price of €0.89 on 09 October 2020. The Italian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is down 5.0% over the same period.
분석 기사 • Dec 27Estimating The Fair Value Of Emak S.p.A. (BIT:EM)In this article we are going to estimate the intrinsic value of Emak S.p.A. ( BIT:EM ) by estimating the company's...