View Future GrowthPiquadro 과거 순이익 실적과거 기준 점검 3/6Piquadro은 연평균 53.6%의 비율로 수입이 증가해 온 반면, Luxury 산업은 수입이 7.1% 증가했습니다. 매출은 연평균 9.6%의 비율로 증가했습니다. Piquadro의 자기자본이익률은 17.6%이고 순이익률은 6.2%입니다.핵심 정보53.59%순이익 성장률53.59%주당순이익(EPS) 성장률Luxury 산업 성장률15.39%매출 성장률9.55%자기자본이익률17.61%순이익률6.25%최근 순이익 업데이트30 Sep 2025최근 과거 실적 업데이트Reported Earnings • Dec 05First half 2025 earnings released: EPS: €0.10 (vs €0.086 in 1H 2024)First half 2025 results: EPS: €0.10 (up from €0.086 in 1H 2024). Revenue: €89.1m (flat on 1H 2024). Net income: €4.95m (up 20% from 1H 2024). Profit margin: 5.6% (up from 4.7% in 1H 2024). 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 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jun 14Full year 2023 earnings released: EPS: €0.13 (vs €0.092 in FY 2022)Full year 2023 results: EPS: €0.13 (up from €0.092 in FY 2022). Revenue: €177.6m (up 16% from FY 2022). Net income: €6.50m (up 46% from FY 2022). Profit margin: 3.7% (up from 2.9% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 30First half 2023 earnings released: €0.001 loss per share (vs €0.029 loss in 1H 2022)First half 2023 results: €0.001 loss per share (improved from €0.029 loss in 1H 2022). Revenue: €80.9m (up 26% from 1H 2022). Net loss: €70.0k (loss narrowed 95% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.분석 기사 • Jul 12Statutory Profit Doesn't Reflect How Good Piquadro's (BIT:PQ) Earnings ArePiquadro S.p.A. ( BIT:PQ ) just reported healthy earnings but the stock price didn't move much. Our analysis suggests...Reported Earnings • Jun 16Full year 2022 earnings released: EPS: €0.089 (vs €0.12 loss in FY 2021)Full year 2022 results: EPS: €0.089 (up from €0.12 loss in FY 2021). Revenue: €154.9m (up 34% from FY 2021). Net income: €4.44m (up €10.6m from FY 2021). Profit margin: 2.9% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Reported Earnings • Dec 08First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: €0.029 loss per share (up from €0.082 loss in 1H 2021). Revenue: €64.2m (up 32% from 1H 2021). Net loss: €1.47m (loss narrowed 64% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance.모든 업데이트 보기Recent updatesBuy Or Sell Opportunity • Mar 19Now 20% undervaluedOver the last 90 days, the stock has risen 2.9% to €2.52. The fair value is estimated to be €3.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.8% over the last 3 years. Earnings per share has grown by 22%.Buy Or Sell Opportunity • Mar 03Now 21% undervaluedOver the last 90 days, the stock has risen 7.8% to €2.48. The fair value is estimated to be €3.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.8% over the last 3 years. Earnings per share has grown by 22%.Valuation Update With 7 Day Price Move • Aug 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €2.29, the stock trades at a trailing P/E ratio of 9.5x. Average forward P/E is 11x in the Luxury industry in Italy. Total returns to shareholders of 37% over the past three years.분석 기사 • Jul 31Piquadro (BIT:PQ) Is Paying Out A Dividend Of €0.1482Piquadro S.p.A. ( BIT:PQ ) has announced that it will pay a dividend of €0.1482 per share on the 6th of August. This...Declared Dividend • Jul 30Dividend of €0.15 announcedShareholders will receive a dividend of €0.15. Ex-date: 4th August 2025 Payment date: 6th August 2025 Dividend yield will be 5.4%, which is higher than the industry average of 1.8%. Sustainability & Growth The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 67% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Jul 29Piquadro S.p.A. announces Annual dividend, payable on August 06, 2025Piquadro S.p.A. announced Annual dividend of EUR 0.1482 per share payable on August 06, 2025, ex-date on August 04, 2025 and record date on August 05, 2025.Buy Or Sell Opportunity • Jul 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 32% to €2.62. The fair value is estimated to be €2.16, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company has become profitable.New Risk • Jun 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.New Risk • Dec 17New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €94.9m (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€94.9m market cap, or US$99.7m).Reported Earnings • Dec 05First half 2025 earnings released: EPS: €0.10 (vs €0.086 in 1H 2024)First half 2025 results: EPS: €0.10 (up from €0.086 in 1H 2024). Revenue: €89.1m (flat on 1H 2024). Net income: €4.95m (up 20% from 1H 2024). Profit margin: 5.6% (up from 4.7% in 1H 2024). 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 3% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 29Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 05 August 2024. Payment date: 07 August 2024. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 6.6%. Within top quartile of Italian dividend payers (5.3%). Higher than average of industry peers (1.9%).Board Change • Jul 29Less 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 Valentina Manfredi was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.분석 기사 • Jul 27Piquadro's (BIT:PQ) Shareholders Will Receive A Bigger Dividend Than Last YearPiquadro S.p.A.'s ( BIT:PQ ) dividend will be increasing from last year's payment of the same period to €0.1483 on 7th...분석 기사 • Jul 13Piquadro (BIT:PQ) Will Pay A Larger Dividend Than Last Year At €0.1483The board of Piquadro S.p.A. ( BIT:PQ ) has announced that it will be increasing its dividend by 42% on the 7th of...Declared Dividend • Jul 12Dividend increased to €0.15Dividend of €0.15 is 42% higher than last year. Ex-date: 5th August 2024 Payment date: 7th August 2024 Dividend yield will be 6.9%, which is higher than the industry average of 1.8%. Sustainability & Growth The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 48% to shift the payout ratio to a potentially unsustainable range, which is more than the 20% EPS decline seen over the last 5 years.분석 기사 • Mar 27Investors Aren't Buying Piquadro S.p.A.'s (BIT:PQ) EarningsWhen close to half the companies in Italy have price-to-earnings ratios (or "P/E's") above 15x, you may consider...New Risk • Mar 25New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €88.8m (US$96.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 28% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€88.8m market cap, or US$96.2m).New Risk • Oct 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 38% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.3% average weekly change).Upcoming Dividend • Jul 24Upcoming dividend of €0.10 per share at 4.2% yieldEligible shareholders must have bought the stock before 31 July 2023. Payment date: 02 August 2023. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Italian dividend payers (5.3%). Higher than average of industry peers (1.7%).Reported Earnings • Jun 14Full year 2023 earnings released: EPS: €0.13 (vs €0.092 in FY 2022)Full year 2023 results: EPS: €0.13 (up from €0.092 in FY 2022). Revenue: €177.6m (up 16% from FY 2022). Net income: €6.50m (up 46% from FY 2022). Profit margin: 3.7% (up from 2.9% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 30First half 2023 earnings released: €0.001 loss per share (vs €0.029 loss in 1H 2022)First half 2023 results: €0.001 loss per share (improved from €0.029 loss in 1H 2022). Revenue: €80.9m (up 26% from 1H 2022). Net loss: €70.0k (loss narrowed 95% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Valentina Manfredi was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Jul 25Upcoming dividend of €0.083 per shareEligible shareholders must have bought the stock before 01 August 2022. Payment date: 03 August 2022. Trailing yield: 3.9%. Lower than top quartile of Italian dividend payers (5.4%). Higher than average of industry peers (1.5%).분석 기사 • Jul 12Statutory Profit Doesn't Reflect How Good Piquadro's (BIT:PQ) Earnings ArePiquadro S.p.A. ( BIT:PQ ) just reported healthy earnings but the stock price didn't move much. Our analysis suggests...Reported Earnings • Jun 16Full year 2022 earnings released: EPS: €0.089 (vs €0.12 loss in FY 2021)Full year 2022 results: EPS: €0.089 (up from €0.12 loss in FY 2021). Revenue: €154.9m (up 34% from FY 2021). Net income: €4.44m (up €10.6m from FY 2021). Profit margin: 2.9% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.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 Catia Cesari was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Dec 08First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: €0.029 loss per share (up from €0.082 loss in 1H 2021). Revenue: €64.2m (up 32% from 1H 2021). Net loss: €1.47m (loss narrowed 64% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance.Reported Earnings • Jul 09Full year 2021 earnings released: €0.12 loss per share (vs €0.15 loss in FY 2020)The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2021 results: Revenue: €115.8m (down 25% from FY 2020). Net loss: €6.12m (loss narrowed 21% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.Reported Earnings • Jun 18Full year 2021 earnings released: €0.12 loss per share (vs €0.15 loss in FY 2020)The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2021 results: Revenue: €116.1m (down 25% from FY 2020). Net loss: €6.12m (loss narrowed 21% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.분석 기사 • Mar 17Is Piquadro (BIT:PQ) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Is New 90 Day High Low • Mar 08New 90-day high: €1.60The company is up 3.0% from its price of €1.55 on 08 December 2020. The Italian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is flat over the same period.분석 기사 • Feb 10A Look At Piquadro's (BIT:PQ) Share Price ReturnsThe simplest way to benefit from a rising market is to buy an index fund. Active investors aim to buy stocks that...분석 기사 • Jan 04How Much is Piquadro's (BIT:PQ) CEO Getting Paid?Marco Palmieri is the CEO of Piquadro S.p.A. ( BIT:PQ ), and in this article, we analyze the executive's compensation...Is New 90 Day High Low • Dec 07New 90-day high: €1.54The company is up 12% from its price of €1.38 on 08 September 2020. The Italian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Luxury industry, which is up 26% over the same period.분석 기사 • Nov 30Is Piquadro (BIT:PQ) Weighed On By Its Debt Load?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Nov 28First half 2021 earnings released: €0.083 loss per shareThe company reported a poor first half result with increased losses and weaker revenues and control over expenses. First half 2021 results: Revenue: €48.8m (down 38% from 1H 2020). Net loss: €4.10m (loss widened 38% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 56% 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.Is New 90 Day High Low • Nov 17New 90-day high: €1.48The company is up 6.0% from its price of €1.39 on 19 August 2020. The Italian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Luxury industry, which is up 19% over the same period.Is New 90 Day High Low • Oct 19New 90-day low: €1.27The company is down 18% from its price of €1.55 on 21 July 2020. The Italian market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 6.0% over the same period.Is New 90 Day High Low • Sep 30New 90-day low: €1.33The company is down 9.0% from its price of €1.47 on 02 July 2020. The Italian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 1.0% over the same period.매출 및 비용 세부 내역Piquadro가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이BIT:PQ 매출, 비용 및 순이익 (EUR Millions)날짜매출순이익일반관리비연구개발비30 Sep 251881266030 Jun 251871266031 Mar 251871267031 Dec 241861166030 Sep 241861166030 Jun 241861166031 Mar 241851166031 Dec 231851166030 Sep 231851167030 Jun 23181966031 Mar 23177765031 Dec 22173664030 Sep 22170663030 Jun 22161560031 Mar 22153457031 Dec 21142054030 Sep 21131-351030 Jun 21124-547031 Mar 21116-644031 Dec 20121-747030 Sep 20125-951030 Jun 20140-856031 Mar 20155-862031 Dec 19158-767030 Sep 19160-771030 Jun 191551470031 Mar 191493570031 Dec 181343759030 Sep 181194047030 Jun 181092341031 Mar 1899535031 Dec 1794433030 Sep 1789432030 Jun 1783430031 Mar 1777329031 Dec 1675428030 Sep 1671427030 Jun 1674427031 Mar 1670426031 Dec 1569425030 Sep 1569425030 Jun 15684250양질의 수익: PQ는 고품질 수익을 보유하고 있습니다.이익 마진 증가: PQ의 현재 순 이익률 (6.2%)은 지난해 (6.1%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: PQ는 지난 5년 동안 흑자전환하며 연평균 53.6%의 수익 성장을 기록했습니다.성장 가속화: 지난 1년간 PQ 의 수익 증가율(3.3%)은 5년 평균(연간 53.6%)보다 낮습니다.수익 대 산업: PQ의 지난 1년 수익 증가율(3.3%)은 Luxury 업계 평균(6.4%)을 능가하지 못했습니다.자기자본이익률높은 ROE: PQ의 자본 수익률(17.6%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YConsumer-durables 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/07 17:49종가2026/06/05 00:00수익2025/09/30연간 수익2025/03/31데이터 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 소스Piquadro 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.분석가기관Dino CatenaEquita SIM S.p.A.Michele FilippigKT & Partners Srl
Reported Earnings • Dec 05First half 2025 earnings released: EPS: €0.10 (vs €0.086 in 1H 2024)First half 2025 results: EPS: €0.10 (up from €0.086 in 1H 2024). Revenue: €89.1m (flat on 1H 2024). Net income: €4.95m (up 20% from 1H 2024). Profit margin: 5.6% (up from 4.7% in 1H 2024). 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 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jun 14Full year 2023 earnings released: EPS: €0.13 (vs €0.092 in FY 2022)Full year 2023 results: EPS: €0.13 (up from €0.092 in FY 2022). Revenue: €177.6m (up 16% from FY 2022). Net income: €6.50m (up 46% from FY 2022). Profit margin: 3.7% (up from 2.9% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 30First half 2023 earnings released: €0.001 loss per share (vs €0.029 loss in 1H 2022)First half 2023 results: €0.001 loss per share (improved from €0.029 loss in 1H 2022). Revenue: €80.9m (up 26% from 1H 2022). Net loss: €70.0k (loss narrowed 95% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
분석 기사 • Jul 12Statutory Profit Doesn't Reflect How Good Piquadro's (BIT:PQ) Earnings ArePiquadro S.p.A. ( BIT:PQ ) just reported healthy earnings but the stock price didn't move much. Our analysis suggests...
Reported Earnings • Jun 16Full year 2022 earnings released: EPS: €0.089 (vs €0.12 loss in FY 2021)Full year 2022 results: EPS: €0.089 (up from €0.12 loss in FY 2021). Revenue: €154.9m (up 34% from FY 2021). Net income: €4.44m (up €10.6m from FY 2021). Profit margin: 2.9% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Reported Earnings • Dec 08First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: €0.029 loss per share (up from €0.082 loss in 1H 2021). Revenue: €64.2m (up 32% from 1H 2021). Net loss: €1.47m (loss narrowed 64% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance.
Buy Or Sell Opportunity • Mar 19Now 20% undervaluedOver the last 90 days, the stock has risen 2.9% to €2.52. The fair value is estimated to be €3.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.8% over the last 3 years. Earnings per share has grown by 22%.
Buy Or Sell Opportunity • Mar 03Now 21% undervaluedOver the last 90 days, the stock has risen 7.8% to €2.48. The fair value is estimated to be €3.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.8% over the last 3 years. Earnings per share has grown by 22%.
Valuation Update With 7 Day Price Move • Aug 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €2.29, the stock trades at a trailing P/E ratio of 9.5x. Average forward P/E is 11x in the Luxury industry in Italy. Total returns to shareholders of 37% over the past three years.
분석 기사 • Jul 31Piquadro (BIT:PQ) Is Paying Out A Dividend Of €0.1482Piquadro S.p.A. ( BIT:PQ ) has announced that it will pay a dividend of €0.1482 per share on the 6th of August. This...
Declared Dividend • Jul 30Dividend of €0.15 announcedShareholders will receive a dividend of €0.15. Ex-date: 4th August 2025 Payment date: 6th August 2025 Dividend yield will be 5.4%, which is higher than the industry average of 1.8%. Sustainability & Growth The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 67% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Jul 29Piquadro S.p.A. announces Annual dividend, payable on August 06, 2025Piquadro S.p.A. announced Annual dividend of EUR 0.1482 per share payable on August 06, 2025, ex-date on August 04, 2025 and record date on August 05, 2025.
Buy Or Sell Opportunity • Jul 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 32% to €2.62. The fair value is estimated to be €2.16, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Meanwhile, the company has become profitable.
New Risk • Jun 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
New Risk • Dec 17New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €94.9m (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€94.9m market cap, or US$99.7m).
Reported Earnings • Dec 05First half 2025 earnings released: EPS: €0.10 (vs €0.086 in 1H 2024)First half 2025 results: EPS: €0.10 (up from €0.086 in 1H 2024). Revenue: €89.1m (flat on 1H 2024). Net income: €4.95m (up 20% from 1H 2024). Profit margin: 5.6% (up from 4.7% in 1H 2024). 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 3% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 29Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 05 August 2024. Payment date: 07 August 2024. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 6.6%. Within top quartile of Italian dividend payers (5.3%). Higher than average of industry peers (1.9%).
Board Change • Jul 29Less 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 Valentina Manfredi was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
분석 기사 • Jul 27Piquadro's (BIT:PQ) Shareholders Will Receive A Bigger Dividend Than Last YearPiquadro S.p.A.'s ( BIT:PQ ) dividend will be increasing from last year's payment of the same period to €0.1483 on 7th...
분석 기사 • Jul 13Piquadro (BIT:PQ) Will Pay A Larger Dividend Than Last Year At €0.1483The board of Piquadro S.p.A. ( BIT:PQ ) has announced that it will be increasing its dividend by 42% on the 7th of...
Declared Dividend • Jul 12Dividend increased to €0.15Dividend of €0.15 is 42% higher than last year. Ex-date: 5th August 2024 Payment date: 7th August 2024 Dividend yield will be 6.9%, which is higher than the industry average of 1.8%. Sustainability & Growth The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 48% to shift the payout ratio to a potentially unsustainable range, which is more than the 20% EPS decline seen over the last 5 years.
분석 기사 • Mar 27Investors Aren't Buying Piquadro S.p.A.'s (BIT:PQ) EarningsWhen close to half the companies in Italy have price-to-earnings ratios (or "P/E's") above 15x, you may consider...
New Risk • Mar 25New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €88.8m (US$96.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 28% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€88.8m market cap, or US$96.2m).
New Risk • Oct 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 38% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.3% average weekly change).
Upcoming Dividend • Jul 24Upcoming dividend of €0.10 per share at 4.2% yieldEligible shareholders must have bought the stock before 31 July 2023. Payment date: 02 August 2023. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Italian dividend payers (5.3%). Higher than average of industry peers (1.7%).
Reported Earnings • Jun 14Full year 2023 earnings released: EPS: €0.13 (vs €0.092 in FY 2022)Full year 2023 results: EPS: €0.13 (up from €0.092 in FY 2022). Revenue: €177.6m (up 16% from FY 2022). Net income: €6.50m (up 46% from FY 2022). Profit margin: 3.7% (up from 2.9% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 30First half 2023 earnings released: €0.001 loss per share (vs €0.029 loss in 1H 2022)First half 2023 results: €0.001 loss per share (improved from €0.029 loss in 1H 2022). Revenue: €80.9m (up 26% from 1H 2022). Net loss: €70.0k (loss narrowed 95% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Valentina Manfredi was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Jul 25Upcoming dividend of €0.083 per shareEligible shareholders must have bought the stock before 01 August 2022. Payment date: 03 August 2022. Trailing yield: 3.9%. Lower than top quartile of Italian dividend payers (5.4%). Higher than average of industry peers (1.5%).
분석 기사 • Jul 12Statutory Profit Doesn't Reflect How Good Piquadro's (BIT:PQ) Earnings ArePiquadro S.p.A. ( BIT:PQ ) just reported healthy earnings but the stock price didn't move much. Our analysis suggests...
Reported Earnings • Jun 16Full year 2022 earnings released: EPS: €0.089 (vs €0.12 loss in FY 2021)Full year 2022 results: EPS: €0.089 (up from €0.12 loss in FY 2021). Revenue: €154.9m (up 34% from FY 2021). Net income: €4.44m (up €10.6m from FY 2021). Profit margin: 2.9% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
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 Catia Cesari was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Dec 08First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: €0.029 loss per share (up from €0.082 loss in 1H 2021). Revenue: €64.2m (up 32% from 1H 2021). Net loss: €1.47m (loss narrowed 64% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jul 09Full year 2021 earnings released: €0.12 loss per share (vs €0.15 loss in FY 2020)The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2021 results: Revenue: €115.8m (down 25% from FY 2020). Net loss: €6.12m (loss narrowed 21% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jun 18Full year 2021 earnings released: €0.12 loss per share (vs €0.15 loss in FY 2020)The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2021 results: Revenue: €116.1m (down 25% from FY 2020). Net loss: €6.12m (loss narrowed 21% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.
분석 기사 • Mar 17Is Piquadro (BIT:PQ) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Is New 90 Day High Low • Mar 08New 90-day high: €1.60The company is up 3.0% from its price of €1.55 on 08 December 2020. The Italian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is flat over the same period.
분석 기사 • Feb 10A Look At Piquadro's (BIT:PQ) Share Price ReturnsThe simplest way to benefit from a rising market is to buy an index fund. Active investors aim to buy stocks that...
분석 기사 • Jan 04How Much is Piquadro's (BIT:PQ) CEO Getting Paid?Marco Palmieri is the CEO of Piquadro S.p.A. ( BIT:PQ ), and in this article, we analyze the executive's compensation...
Is New 90 Day High Low • Dec 07New 90-day high: €1.54The company is up 12% from its price of €1.38 on 08 September 2020. The Italian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Luxury industry, which is up 26% over the same period.
분석 기사 • Nov 30Is Piquadro (BIT:PQ) Weighed On By Its Debt Load?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Nov 28First half 2021 earnings released: €0.083 loss per shareThe company reported a poor first half result with increased losses and weaker revenues and control over expenses. First half 2021 results: Revenue: €48.8m (down 38% from 1H 2020). Net loss: €4.10m (loss widened 38% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 56% 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.
Is New 90 Day High Low • Nov 17New 90-day high: €1.48The company is up 6.0% from its price of €1.39 on 19 August 2020. The Italian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Luxury industry, which is up 19% over the same period.
Is New 90 Day High Low • Oct 19New 90-day low: €1.27The company is down 18% from its price of €1.55 on 21 July 2020. The Italian market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 6.0% over the same period.
Is New 90 Day High Low • Sep 30New 90-day low: €1.33The company is down 9.0% from its price of €1.47 on 02 July 2020. The Italian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 1.0% over the same period.