View ValuationMARR 향후 성장Future 기준 점검 2/6MARR (는) 각각 연간 16.4% 및 3.7% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 16.6% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 14.1% 로 예상됩니다.핵심 정보16.4%이익 성장률16.64%EPS 성장률Consumer Retailing 이익 성장10.6%매출 성장률3.7%향후 자기자본이익률14.10%애널리스트 커버리지Good마지막 업데이트08 May 2026최근 향후 성장 업데이트Price Target Changed • Mar 04Price target decreased by 8.1% to €11.50Down from €12.52, the current price target is an average from 6 analysts. New target price is 33% above last closing price of €8.63. Stock is down 16% over the past year. The company is forecast to post earnings per share of €0.57 for next year compared to €0.66 last year.Major Estimate Revision • Nov 21Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from €0.645 to €0.563 per share. Revenue forecast steady at €2.14b. Net income forecast to grow 20% next year vs 26% growth forecast for Consumer Retailing industry in Italy. Consensus price target down from €12.52 to €11.88. Share price fell 5.7% to €8.44 over the past week.Major Estimate Revision • Aug 11Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from €0.744 to €0.651 per share. Revenue forecast steady at €2.14b. Net income forecast to grow 28% next year vs 24% growth forecast for Consumer Retailing industry in Italy. Consensus price target broadly unchanged at €12.62. Share price fell 4.7% to €9.66 over the past week.분석 기사 • Aug 07MARR S.p.A. (BIT:MARR) Just Released Its Half-Yearly Results And Analysts Are Updating Their EstimatesBIT:MARR 1 Year Share Price vs Fair Value Explore MARR's Fair Values from the Community and select yours Shareholders...Major Estimate Revision • Nov 21Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €2.12b to €2.09b. EPS estimate also fell from €0.73 per share to €0.648 per share. Net income forecast to grow 14% next year vs 16% growth forecast for Consumer Retailing industry in Italy. Consensus price target down from €14.58 to €13.25. Share price fell 7.5% to €9.77 over the past week.Price Target Changed • Nov 18Price target decreased by 9.1% to €13.25Down from €14.58, the current price target is an average from 4 analysts. New target price is 40% above last closing price of €9.48. Stock is down 21% over the past year. The company is forecast to post earnings per share of €0.65 for next year compared to €0.72 last year.모든 업데이트 보기Recent updatesUpcoming Dividend • 1hUpcoming dividend of €0.47 per shareEligible shareholders must have bought the stock before 18 May 2026. Payment date: 20 May 2026. Payout ratio is on the higher end at 97%, and the cash payout ratio is above 100%. Trailing yield: 5.5%. Within top quartile of Italian dividend payers (4.6%). Higher than average of industry peers (3.5%).Buy Or Sell Opportunity • May 06Now 20% overvaluedOver the last 90 days, the stock has fallen 7.2% to €8.58. The fair value is estimated to be €7.14, 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 grown by 3.6%. For the next 3 years, revenue is forecast to grow by 3.7% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.Valuation Update With 7 Day Price Move • Mar 20Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €6.51, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Consumer Retailing industry in Europe. Total loss to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.29 per share.Declared Dividend • Mar 19Dividend reduced to €0.47Dividend of €0.47 is 22% lower than last year. Ex-date: 18th May 2026 Payment date: 20th May 2026 Dividend yield will be 7.3%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is not covered by earnings (105% earnings payout ratio) nor is it covered by cash flows (131% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 16% to bring the payout ratio under control. EPS is expected to grow by 35% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.공지 • Mar 19MARR S.p.A., Annual General Meeting, Apr 28, 2026MARR S.p.A., Annual General Meeting, Apr 28, 2026, at 10:30 W. Europe Standard Time.공지 • Mar 18MARR S.p.A. announces Annual dividend, payable on May 20, 2026MARR S.p.A. announced Annual dividend of EUR 0.4700 per share payable on May 20, 2026, ex-date on May 18, 2026 and record date on May 19, 2026.New Risk • Mar 16New 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 3.4% 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 Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 105% Cash payout ratio: 131% Minor Risks Share price has been volatile over the past 3 months (3.4% average weekly change). Profit margins are more than 30% lower than last year (1.5% net profit margin).Buy Or Sell Opportunity • Mar 16Now 33% undervalued after recent price dropOver the last 90 days, the stock has fallen 26% to €6.58. The fair value is estimated to be €9.81, 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 grown by 3.6%. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.Reported Earnings • Mar 15Full year 2025 earnings released: EPS: €0.49 (vs €0.66 in FY 2024)Full year 2025 results: EPS: €0.49 (down from €0.66 in FY 2024). Revenue: €2.13b (up 4.5% from FY 2024). Net income: €31.0m (down 28% from FY 2024). Profit margin: 1.5% (down from 2.1% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Price Target Changed • Mar 04Price target decreased by 8.1% to €11.50Down from €12.52, the current price target is an average from 6 analysts. New target price is 33% above last closing price of €8.63. Stock is down 16% over the past year. The company is forecast to post earnings per share of €0.57 for next year compared to €0.66 last year.공지 • Feb 04+ 3 more updatesMARR S.p.A. to Report Fiscal Year 2025 Results on Mar 13, 2026MARR S.p.A. announced that they will report fiscal year 2025 results on Mar 13, 2026공지 • Jan 22MARR S.p.A. (BIT:MARR) acquired Bergel + Srl from Ortofrutticola Srl Di Genovesi E Anversa for €4.7 million.MARR S.p.A. (BIT:MARR) acquired Bergel + Srl from Ortofrutticola Srl Di Genovesi E Anversa for €4.7 million on January 20, 2026. A consideration of €4.7 million will be paid by MARR S.p.A. As part of consideration, €4.7 million is paid towards common equity of Bergel + Srl. As part of the transaction, Bergel will retain the use of the facility in Zanica. For the period ending December 31, 2025, Bergel + Srl reported total sales of €25 million. MARR S.p.A. (BIT:MARR) acquired Bergel + Srl from Ortofrutticola Srl Di Genovesi E Anversa on January 20, 2026.Major Estimate Revision • Nov 21Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from €0.645 to €0.563 per share. Revenue forecast steady at €2.14b. Net income forecast to grow 20% next year vs 26% growth forecast for Consumer Retailing industry in Italy. Consensus price target down from €12.52 to €11.88. Share price fell 5.7% to €8.44 over the past week.Reported Earnings • Nov 17Third quarter 2025 earnings releasedThird quarter 2025 results: EPS: €0.27. Revenue: €649.9m (up 4.4% from 3Q 2024). Net income: €17.4m (down 6.1% from 3Q 2024). Profit margin: 2.7% (down from 3.0% in 3Q 2024). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Consumer Retailing industry in Europe.분석 기사 • Aug 11MARR's (BIT:MARR) Weak Earnings May Only Reveal A Part Of The Whole PictureBIT:MARR 1 Year Share Price vs Fair Value Explore MARR's Fair Values from the Community and select yours The market...Major Estimate Revision • Aug 11Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from €0.744 to €0.651 per share. Revenue forecast steady at €2.14b. Net income forecast to grow 28% next year vs 24% growth forecast for Consumer Retailing industry in Italy. Consensus price target broadly unchanged at €12.62. Share price fell 4.7% to €9.66 over the past week.분석 기사 • Aug 07MARR S.p.A. (BIT:MARR) Just Released Its Half-Yearly Results And Analysts Are Updating Their EstimatesBIT:MARR 1 Year Share Price vs Fair Value Explore MARR's Fair Values from the Community and select yours Shareholders...Reported Earnings • Aug 05Second quarter 2025 earnings released: EPS: €0.24 (vs €0.25 in 2Q 2024)Second quarter 2025 results: EPS: €0.24 (down from €0.25 in 2Q 2024). Revenue: €595.6m (up 7.9% from 2Q 2024). Net income: €15.3m (down 2.6% from 2Q 2024). Profit margin: 2.6% (down from 2.9% in 2Q 2024). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.New Risk • May 29New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 15% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 101% Cash payout ratio: 152% Minor Risk Large one-off items impacting financial results.Reported Earnings • May 16First quarter 2025 earnings released: €0.042 loss per share (vs €0.026 profit in 1Q 2024)First quarter 2025 results: €0.042 loss per share (down from €0.026 profit in 1Q 2024). Revenue: €409.2m (flat on 1Q 2024). Net loss: €2.68m (down 255% from profit in 1Q 2024). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Upcoming Dividend • May 12Upcoming dividend of €0.60 per shareEligible shareholders must have bought the stock before 19 May 2025. Payment date: 21 May 2025. Payout ratio is on the higher end at 91%, and the cash payout ratio is above 100%. Trailing yield: 6.0%. Within top quartile of Italian dividend payers (5.4%). Higher than average of industry peers (3.6%).New Risk • Apr 17New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 91% Cash payout ratio: 109% Minor Risk Large one-off items impacting financial results.분석 기사 • Apr 03MARR (BIT:MARR) Has Affirmed Its Dividend Of €0.60MARR S.p.A. ( BIT:MARR ) has announced that it will pay a dividend of €0.60 per share on the 21st of May. Based on this...공지 • Mar 24MARR S.p.A., Annual General Meeting, Apr 28, 2025MARR S.p.A., Annual General Meeting, Apr 28, 2025, at 11:00 W. Europe Standard Time.분석 기사 • Mar 20MARR (BIT:MARR) Is Paying Out A Dividend Of €0.60MARR S.p.A. ( BIT:MARR ) has announced that it will pay a dividend of €0.60 per share on the 21st of May. This makes...Declared Dividend • Mar 19Dividend of €0.60 announcedDividend of €0.60 is the same as last year. Ex-date: 19th May 2025 Payment date: 21st May 2025 Dividend yield will be 6.0%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (85% earnings payout ratio) but not covered by cash flows (105% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 42% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공지 • Mar 18MARR S.p.A. announces Annual dividend, payable on May 21, 2025MARR S.p.A. announced Annual dividend of EUR 0.6000 per share payable on May 21, 2025, ex-date on May 19, 2025 and record date on May 20, 2025.New Risk • Mar 16New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 49% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (49% net debt to equity). Dividend is not well covered by cash flows (105% cash payout ratio).Major Estimate Revision • Nov 21Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €2.12b to €2.09b. EPS estimate also fell from €0.73 per share to €0.648 per share. Net income forecast to grow 14% next year vs 16% growth forecast for Consumer Retailing industry in Italy. Consensus price target down from €14.58 to €13.25. Share price fell 7.5% to €9.77 over the past week.공지 • Nov 21+ 3 more updatesMARR S.p.A. to Report Fiscal Year 2024 Results on Mar 14, 2025MARR S.p.A. announced that they will report fiscal year 2024 results on Mar 14, 2025Price Target Changed • Nov 18Price target decreased by 9.1% to €13.25Down from €14.58, the current price target is an average from 4 analysts. New target price is 40% above last closing price of €9.48. Stock is down 21% over the past year. The company is forecast to post earnings per share of €0.65 for next year compared to €0.72 last year.분석 기사 • Nov 17MARR S.p.A.'s (BIT:MARR) Business Is Trailing The Market But Its Shares Aren'tWith a median price-to-earnings (or "P/E") ratio of close to 14x in Italy, you could be forgiven for feeling...Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: €0.28 (vs €0.33 in 3Q 2023)Third quarter 2024 results: EPS: €0.28 (down from €0.33 in 3Q 2023). Revenue: €622.7m (up 2.2% from 3Q 2023). Net income: €18.5m (down 15% from 3Q 2023). Profit margin: 3.0% (down from 3.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.분석 기사 • Oct 14What Is MARR S.p.A.'s (BIT:MARR) Share Price Doing?While MARR S.p.A. ( BIT:MARR ) might not have the largest market cap around , it saw significant share price movement...Reported Earnings • Aug 04Second quarter 2024 earnings released: EPS: €0.25 (vs €0.26 in 2Q 2023)Second quarter 2024 results: EPS: €0.25 (down from €0.26 in 2Q 2023). Revenue: €555.7m (down 1.3% from 2Q 2023). Net income: €15.7m (down 8.5% from 2Q 2023). Profit margin: 2.8% (down from 3.1% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.분석 기사 • Jul 25MARR S.p.A.'s (BIT:MARR) Popularity With Investors Is Under Threat From OverpricingWith a median price-to-earnings (or "P/E") ratio of close to 14x in Italy, you could be forgiven for feeling...분석 기사 • Jul 05What You Need To Know About The MARR S.p.A. (BIT:MARR) Analyst Downgrade TodayThe latest analyst coverage could presage a bad day for MARR S.p.A. ( BIT:MARR ), with the analysts making...Major Estimate Revision • Jul 05Consensus revenue estimates decrease by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €2.41b to €2.14b. EPS estimate unchanged from €0.76 per share at last update. Consumer Retailing industry in Italy expected to see average net income growth of 20% next year. Consensus price target of €14.90 unchanged from last update. Share price was steady at €12.16 over the past week.분석 기사 • Jun 07Industry Analysts Just Upgraded Their MARR S.p.A. (BIT:MARR) Revenue Forecasts By 12%MARR S.p.A. ( BIT:MARR ) shareholders will have a reason to smile today, with the analysts making substantial upgrades...Major Estimate Revision • Jun 06Consensus revenue estimates increase by 12%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from €2.14b to €2.41b. EPS estimate unchanged from €0.76 at last update. Consumer Retailing industry in Italy expected to see average net income growth of 23% next year. Consensus price target of €14.90 unchanged from last update. Share price was steady at €11.60 over the past week.분석 기사 • May 24What Does MARR S.p.A.'s (BIT:MARR) Share Price Indicate?While MARR S.p.A. ( BIT:MARR ) might not have the largest market cap around , it saw significant share price movement...Reported Earnings • May 16First quarter 2024 earnings released: EPS: €0.026 (vs €0.022 in 1Q 2023)First quarter 2024 results: EPS: €0.026 (up from €0.022 in 1Q 2023). Revenue: €418.1m (flat on 1Q 2023). Net income: €1.73m (up 18% from 1Q 2023). Profit margin: 0.4% (in line with 1Q 2023). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.Upcoming Dividend • May 13Upcoming dividend of €0.60 per shareEligible shareholders must have bought the stock before 20 May 2024. Payment date: 22 May 2024. Payout ratio is on the higher end at 84%, however this is supported by cash flows. Trailing yield: 5.0%. Lower than top quartile of Italian dividend payers (5.4%). Higher than average of industry peers (4.1%).분석 기사 • Apr 25MARR (BIT:MARR) Is Paying Out A Larger Dividend Than Last YearMARR S.p.A. ( BIT:MARR ) will increase its dividend from last year's comparable payment on the 22nd of May to €0.60...New Risk • Apr 07New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risk Dividend is not well covered by cash flows (96% cash payout ratio).분석 기사 • Mar 18MARR's (BIT:MARR) Dividend Will Be Increased To €0.60MARR S.p.A. ( BIT:MARR ) has announced that it will be increasing its dividend from last year's comparable payment on...Declared Dividend • Mar 18Dividend increased to €0.60Dividend of €0.60 is 58% higher than last year. Ex-date: 20th May 2024 Payment date: 22nd May 2024 Dividend yield will be 5.1%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (84% earnings payout ratio) but not adequately covered by cash flows (92% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover.분석 기사 • Mar 16Analysts Are Updating Their MARR S.p.A. (BIT:MARR) Estimates After Its Annual ResultsIt's been a pretty great week for MARR S.p.A. ( BIT:MARR ) shareholders, with its shares surging 13% to €11.82 in the...Reported Earnings • Mar 14Full year 2023 earnings released: EPS: €0.72 (vs €0.40 in FY 2022)Full year 2023 results: EPS: €0.72 (up from €0.40 in FY 2022). Revenue: €2.09b (up 11% from FY 2022). Net income: €47.1m (up 78% from FY 2022). Profit margin: 2.3% (up from 1.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.분석 기사 • Mar 09MARR (BIT:MARR) Has A Pretty Healthy Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Nov 17Third quarter 2023 earnings released: EPS: €0.33 (vs €0.21 in 3Q 2022)Third quarter 2023 results: EPS: €0.33 (up from €0.21 in 3Q 2022). Revenue: €610.4m (flat on 3Q 2022). Net income: €21.9m (up 54% from 3Q 2022). Profit margin: 3.6% (up from 2.3% in 3Q 2022). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.공지 • Nov 17+ 4 more updatesMARR S.p.A. to Report Fiscal Year 2023 Results on Mar 13, 2024MARR S.p.A. announced that they will report fiscal year 2023 results on Mar 13, 2024분석 기사 • Nov 04MARR (BIT:MARR) Is Reinvesting At Lower Rates Of ReturnIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...분석 기사 • Sep 23Here's Why MARR (BIT:MARR) Can Manage Its Debt ResponsiblyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...분석 기사 • Sep 01Is Now An Opportune Moment To Examine MARR S.p.A. (BIT:MARR)?MARR S.p.A. ( BIT:MARR ), might not be a large cap stock, but it saw significant share price movement during recent...New Risk • Aug 08New 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 Debt is not well covered by operating cash flow (10% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (170% cash payout ratio). Share price has been volatile over the past 3 months (5.3% average weekly change). Profit margins are more than 30% lower than last year (1.7% net profit margin).Reported Earnings • Aug 06Second quarter 2023 earnings released: EPS: €0.26 (vs €0.20 in 2Q 2022)Second quarter 2023 results: EPS: €0.26 (up from €0.20 in 2Q 2022). Revenue: €564.8m (up 5.8% from 2Q 2022). Net income: €17.2m (up 28% from 2Q 2022). Profit margin: 3.0% (up from 2.5% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Price Target Changed • May 16Price target increased by 12% to €16.34Up from €14.64, the current price target is an average from 5 analysts. New target price is 8.4% above last closing price of €15.08. Stock is up 3.4% over the past year. The company is forecast to post earnings per share of €0.77 for next year compared to €0.40 last year.분석 기사 • May 16At €15.42, Is MARR S.p.A. (BIT:MARR) Worth Looking At Closely?While MARR S.p.A. ( BIT:MARR ) might not be the most widely known stock at the moment, it led the BIT gainers with a...Upcoming Dividend • May 15Upcoming dividend of €0.38 per share at 2.8% yieldEligible shareholders must have bought the stock before 22 May 2023. Payment date: 24 May 2023. Payout ratio is on the higher end at 95% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Italian dividend payers (5.3%). Lower than average of industry peers (4.4%).Major Estimate Revision • May 14Consensus EPS estimates increase by 18%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from €2.04b to €2.11b. EPS estimate increased from €0.721 to €0.85 per share. Net income forecast to grow 114% next year vs 14% growth forecast for Consumer Retailing industry in Italy. Consensus price target of €14.64 unchanged from last update. Share price was steady at €13.54 over the past week.Reported Earnings • Mar 16Full year 2022 earnings released: EPS: €0.40 (vs €0.53 in FY 2021)Full year 2022 results: EPS: €0.40 (down from €0.53 in FY 2021). Revenue: €1.93b (up 36% from FY 2021). Net income: €26.6m (down 24% from FY 2021). Profit margin: 1.4% (down from 2.5% in FY 2021). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.분석 기사 • Mar 16Here's Why MARR (BIT:MARR) Can Manage Its Debt ResponsiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...분석 기사 • Feb 18MARR's (BIT:MARR) Returns On Capital Not Reflecting Well On The BusinessTo find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...분석 기사 • Jan 31At €12.18, Is MARR S.p.A. (BIT:MARR) Worth Looking At Closely?While MARR S.p.A. ( BIT:MARR ) might not be the most widely known stock at the moment, it saw a decent share price...Board Change • Nov 16Less 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 Alessandro Nova was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.분석 기사 • Nov 14We Think MARR (BIT:MARR) Can Stay On Top Of Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...공지 • Oct 06+ 4 more updatesMARR S.p.A. to Report Q1, 2023 Results on May 12, 2023MARR S.p.A. announced that they will report Q1, 2023 results on May 12, 2023분석 기사 • Aug 23MARR's (BIT:MARR) Returns On Capital Not Reflecting Well On The BusinessIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Reported Earnings • Aug 05Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: €555.6m (up 60% from 2Q 2021). Net income: €13.4m (up 79% from 2Q 2021). Profit margin: 2.4% (up from 2.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.1%, compared to a 8.1% growth forecast for the industry in Italy.분석 기사 • Jun 15Is MARR (BIT:MARR) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Upcoming Dividend • May 16Upcoming dividend of €0.47 per shareEligible shareholders must have bought the stock before 23 May 2022. Payment date: 25 May 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.4%. Within top quartile of Italian dividend payers (4.7%). Higher than average of industry peers (4.2%).Price Target Changed • Apr 27Price target decreased to €18.64Down from €21.62, the current price target is an average from 5 analysts. New target price is 19% above last closing price of €15.68. Stock is down 17% over the past year. The company is forecast to post earnings per share of €0.80 for next year compared to €0.53 last year.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Alessandro Nova was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Major Estimate Revision • Mar 22Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from €1.78b to €1.73b. EPS estimate also fell from €0.91 per share to €0.80 per share. Net income forecast to grow 58% next year vs 12% growth forecast for Consumer Retailing industry in Italy. Consensus price target down from €21.62 to €18.64. Share price fell 7.1% to €15.33 over the past week.Reported Earnings • Mar 17Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: €0.53 (up from €0.036 loss in FY 2020). Revenue: €1.46b (up 39% from FY 2020). Net income: €35.1m (up €37.5m from FY 2020). Profit margin: 2.4% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 8.4%. Over the next year, revenue is forecast to grow 19%, compared to a 7.4% growth forecast for the retail industry in Italy. Over the last 3 years on average, earnings per share has fallen by 58% 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.Price Target Changed • Mar 16Price target decreased to €20.04Down from €21.62, the current price target is an average from 4 analysts. New target price is 25% above last closing price of €16.04. Stock is down 11% over the past year. The company is forecast to post earnings per share of €0.49 next year compared to a net loss per share of €0.036 last year.분석 기사 • Mar 01Is There An Opportunity With MARR S.p.A.'s (BIT:MARR) 49% Undervaluation?Today we'll do a simple run through of a valuation method used to estimate the attractiveness of MARR S.p.A. ( BIT:MARR...분석 기사 • Feb 16Is MARR (BIT:MARR) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...이익 및 매출 성장 예측BIT:MARR - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20282,31549-4881312/31/20272,261494174612/31/20262,190403063612/31/20252,074312954N/A9/30/20252,077372457N/A6/30/20252,045381954N/A3/31/20252,026382556N/A12/31/20242,036433664N/A9/30/20242,007436388N/A6/30/20242,010467293N/A3/31/20242,025475782N/A12/31/20232,032474168N/A9/30/20232,008422446N/A6/30/20232,007351538N/A3/31/20231,97831-162N/A12/31/20221,88127-21-8N/A9/30/20221,830311223N/A6/30/20221,745444560N/A3/31/20221,5583992102N/A12/31/20211,42335110122N/A9/30/20211,26825142156N/A6/30/20211,14513114123N/A3/31/2021979-56177N/A12/31/20201,050-21731N/A9/30/20201,22013-37-26N/A6/30/20201,31825-57-47N/A3/31/20201,58556-27N/A12/31/20191,654676878N/A9/30/20191,64167N/A87N/A6/30/20191,64068N/A83N/A3/31/20191,62768N/A78N/A12/31/20181,63069N/A57N/A9/30/20181,61768N/A76N/A6/30/20181,60267N/A87N/A3/31/20181,59766N/A84N/A12/31/20171,58866N/A67N/A9/30/20171,56162N/A56N/A6/30/20171,55060N/A49N/A3/31/20171,52759N/A64N/A12/31/20161,50459N/A88N/A9/30/20161,49259N/A77N/A6/30/20161,46560N/A66N/A3/31/20161,45059N/A60N/A12/31/20151,44158N/A63N/A9/30/20151,43956N/A66N/A6/30/20151,42052N/A78N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: MARR 의 연간 예상 수익 증가율(16.4%)이 saving rate(3.3%)보다 높습니다.수익 vs 시장: MARR 의 연간 수익(16.4%)이 Italian 시장(9.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: MARR 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: MARR 의 수익(연간 3.7%)이 Italian 시장(연간 5.4%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: MARR 의 수익(연간 3.7%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: MARR의 자본 수익률은 3년 후 14.1%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YConsumer-retailing 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/11 06:36종가2026/05/08 00:00수익2025/12/31연간 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 소스MARR S.p.A.는 10명의 분석가가 다루고 있습니다. 이 중 6명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Paola SagliettiBanca Akros S.p.A. (ESN)Paola SagliettiBanca Akros S.p.A. (ESN)Anna FrontaniBerenberg7명의 분석가 더 보기
Price Target Changed • Mar 04Price target decreased by 8.1% to €11.50Down from €12.52, the current price target is an average from 6 analysts. New target price is 33% above last closing price of €8.63. Stock is down 16% over the past year. The company is forecast to post earnings per share of €0.57 for next year compared to €0.66 last year.
Major Estimate Revision • Nov 21Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from €0.645 to €0.563 per share. Revenue forecast steady at €2.14b. Net income forecast to grow 20% next year vs 26% growth forecast for Consumer Retailing industry in Italy. Consensus price target down from €12.52 to €11.88. Share price fell 5.7% to €8.44 over the past week.
Major Estimate Revision • Aug 11Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from €0.744 to €0.651 per share. Revenue forecast steady at €2.14b. Net income forecast to grow 28% next year vs 24% growth forecast for Consumer Retailing industry in Italy. Consensus price target broadly unchanged at €12.62. Share price fell 4.7% to €9.66 over the past week.
분석 기사 • Aug 07MARR S.p.A. (BIT:MARR) Just Released Its Half-Yearly Results And Analysts Are Updating Their EstimatesBIT:MARR 1 Year Share Price vs Fair Value Explore MARR's Fair Values from the Community and select yours Shareholders...
Major Estimate Revision • Nov 21Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €2.12b to €2.09b. EPS estimate also fell from €0.73 per share to €0.648 per share. Net income forecast to grow 14% next year vs 16% growth forecast for Consumer Retailing industry in Italy. Consensus price target down from €14.58 to €13.25. Share price fell 7.5% to €9.77 over the past week.
Price Target Changed • Nov 18Price target decreased by 9.1% to €13.25Down from €14.58, the current price target is an average from 4 analysts. New target price is 40% above last closing price of €9.48. Stock is down 21% over the past year. The company is forecast to post earnings per share of €0.65 for next year compared to €0.72 last year.
Upcoming Dividend • 1hUpcoming dividend of €0.47 per shareEligible shareholders must have bought the stock before 18 May 2026. Payment date: 20 May 2026. Payout ratio is on the higher end at 97%, and the cash payout ratio is above 100%. Trailing yield: 5.5%. Within top quartile of Italian dividend payers (4.6%). Higher than average of industry peers (3.5%).
Buy Or Sell Opportunity • May 06Now 20% overvaluedOver the last 90 days, the stock has fallen 7.2% to €8.58. The fair value is estimated to be €7.14, 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 grown by 3.6%. For the next 3 years, revenue is forecast to grow by 3.7% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.
Valuation Update With 7 Day Price Move • Mar 20Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to €6.51, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Consumer Retailing industry in Europe. Total loss to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.29 per share.
Declared Dividend • Mar 19Dividend reduced to €0.47Dividend of €0.47 is 22% lower than last year. Ex-date: 18th May 2026 Payment date: 20th May 2026 Dividend yield will be 7.3%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is not covered by earnings (105% earnings payout ratio) nor is it covered by cash flows (131% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 16% to bring the payout ratio under control. EPS is expected to grow by 35% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
공지 • Mar 19MARR S.p.A., Annual General Meeting, Apr 28, 2026MARR S.p.A., Annual General Meeting, Apr 28, 2026, at 10:30 W. Europe Standard Time.
공지 • Mar 18MARR S.p.A. announces Annual dividend, payable on May 20, 2026MARR S.p.A. announced Annual dividend of EUR 0.4700 per share payable on May 20, 2026, ex-date on May 18, 2026 and record date on May 19, 2026.
New Risk • Mar 16New 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 3.4% 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 Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 105% Cash payout ratio: 131% Minor Risks Share price has been volatile over the past 3 months (3.4% average weekly change). Profit margins are more than 30% lower than last year (1.5% net profit margin).
Buy Or Sell Opportunity • Mar 16Now 33% undervalued after recent price dropOver the last 90 days, the stock has fallen 26% to €6.58. The fair value is estimated to be €9.81, 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 grown by 3.6%. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.
Reported Earnings • Mar 15Full year 2025 earnings released: EPS: €0.49 (vs €0.66 in FY 2024)Full year 2025 results: EPS: €0.49 (down from €0.66 in FY 2024). Revenue: €2.13b (up 4.5% from FY 2024). Net income: €31.0m (down 28% from FY 2024). Profit margin: 1.5% (down from 2.1% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Price Target Changed • Mar 04Price target decreased by 8.1% to €11.50Down from €12.52, the current price target is an average from 6 analysts. New target price is 33% above last closing price of €8.63. Stock is down 16% over the past year. The company is forecast to post earnings per share of €0.57 for next year compared to €0.66 last year.
공지 • Feb 04+ 3 more updatesMARR S.p.A. to Report Fiscal Year 2025 Results on Mar 13, 2026MARR S.p.A. announced that they will report fiscal year 2025 results on Mar 13, 2026
공지 • Jan 22MARR S.p.A. (BIT:MARR) acquired Bergel + Srl from Ortofrutticola Srl Di Genovesi E Anversa for €4.7 million.MARR S.p.A. (BIT:MARR) acquired Bergel + Srl from Ortofrutticola Srl Di Genovesi E Anversa for €4.7 million on January 20, 2026. A consideration of €4.7 million will be paid by MARR S.p.A. As part of consideration, €4.7 million is paid towards common equity of Bergel + Srl. As part of the transaction, Bergel will retain the use of the facility in Zanica. For the period ending December 31, 2025, Bergel + Srl reported total sales of €25 million. MARR S.p.A. (BIT:MARR) acquired Bergel + Srl from Ortofrutticola Srl Di Genovesi E Anversa on January 20, 2026.
Major Estimate Revision • Nov 21Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from €0.645 to €0.563 per share. Revenue forecast steady at €2.14b. Net income forecast to grow 20% next year vs 26% growth forecast for Consumer Retailing industry in Italy. Consensus price target down from €12.52 to €11.88. Share price fell 5.7% to €8.44 over the past week.
Reported Earnings • Nov 17Third quarter 2025 earnings releasedThird quarter 2025 results: EPS: €0.27. Revenue: €649.9m (up 4.4% from 3Q 2024). Net income: €17.4m (down 6.1% from 3Q 2024). Profit margin: 2.7% (down from 3.0% in 3Q 2024). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Consumer Retailing industry in Europe.
분석 기사 • Aug 11MARR's (BIT:MARR) Weak Earnings May Only Reveal A Part Of The Whole PictureBIT:MARR 1 Year Share Price vs Fair Value Explore MARR's Fair Values from the Community and select yours The market...
Major Estimate Revision • Aug 11Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from €0.744 to €0.651 per share. Revenue forecast steady at €2.14b. Net income forecast to grow 28% next year vs 24% growth forecast for Consumer Retailing industry in Italy. Consensus price target broadly unchanged at €12.62. Share price fell 4.7% to €9.66 over the past week.
분석 기사 • Aug 07MARR S.p.A. (BIT:MARR) Just Released Its Half-Yearly Results And Analysts Are Updating Their EstimatesBIT:MARR 1 Year Share Price vs Fair Value Explore MARR's Fair Values from the Community and select yours Shareholders...
Reported Earnings • Aug 05Second quarter 2025 earnings released: EPS: €0.24 (vs €0.25 in 2Q 2024)Second quarter 2025 results: EPS: €0.24 (down from €0.25 in 2Q 2024). Revenue: €595.6m (up 7.9% from 2Q 2024). Net income: €15.3m (down 2.6% from 2Q 2024). Profit margin: 2.6% (down from 2.9% in 2Q 2024). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
New Risk • May 29New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 15% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 101% Cash payout ratio: 152% Minor Risk Large one-off items impacting financial results.
Reported Earnings • May 16First quarter 2025 earnings released: €0.042 loss per share (vs €0.026 profit in 1Q 2024)First quarter 2025 results: €0.042 loss per share (down from €0.026 profit in 1Q 2024). Revenue: €409.2m (flat on 1Q 2024). Net loss: €2.68m (down 255% from profit in 1Q 2024). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Upcoming Dividend • May 12Upcoming dividend of €0.60 per shareEligible shareholders must have bought the stock before 19 May 2025. Payment date: 21 May 2025. Payout ratio is on the higher end at 91%, and the cash payout ratio is above 100%. Trailing yield: 6.0%. Within top quartile of Italian dividend payers (5.4%). Higher than average of industry peers (3.6%).
New Risk • Apr 17New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 91% Cash payout ratio: 109% Minor Risk Large one-off items impacting financial results.
분석 기사 • Apr 03MARR (BIT:MARR) Has Affirmed Its Dividend Of €0.60MARR S.p.A. ( BIT:MARR ) has announced that it will pay a dividend of €0.60 per share on the 21st of May. Based on this...
공지 • Mar 24MARR S.p.A., Annual General Meeting, Apr 28, 2025MARR S.p.A., Annual General Meeting, Apr 28, 2025, at 11:00 W. Europe Standard Time.
분석 기사 • Mar 20MARR (BIT:MARR) Is Paying Out A Dividend Of €0.60MARR S.p.A. ( BIT:MARR ) has announced that it will pay a dividend of €0.60 per share on the 21st of May. This makes...
Declared Dividend • Mar 19Dividend of €0.60 announcedDividend of €0.60 is the same as last year. Ex-date: 19th May 2025 Payment date: 21st May 2025 Dividend yield will be 6.0%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (85% earnings payout ratio) but not covered by cash flows (105% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 42% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공지 • Mar 18MARR S.p.A. announces Annual dividend, payable on May 21, 2025MARR S.p.A. announced Annual dividend of EUR 0.6000 per share payable on May 21, 2025, ex-date on May 19, 2025 and record date on May 20, 2025.
New Risk • Mar 16New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 49% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (49% net debt to equity). Dividend is not well covered by cash flows (105% cash payout ratio).
Major Estimate Revision • Nov 21Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €2.12b to €2.09b. EPS estimate also fell from €0.73 per share to €0.648 per share. Net income forecast to grow 14% next year vs 16% growth forecast for Consumer Retailing industry in Italy. Consensus price target down from €14.58 to €13.25. Share price fell 7.5% to €9.77 over the past week.
공지 • Nov 21+ 3 more updatesMARR S.p.A. to Report Fiscal Year 2024 Results on Mar 14, 2025MARR S.p.A. announced that they will report fiscal year 2024 results on Mar 14, 2025
Price Target Changed • Nov 18Price target decreased by 9.1% to €13.25Down from €14.58, the current price target is an average from 4 analysts. New target price is 40% above last closing price of €9.48. Stock is down 21% over the past year. The company is forecast to post earnings per share of €0.65 for next year compared to €0.72 last year.
분석 기사 • Nov 17MARR S.p.A.'s (BIT:MARR) Business Is Trailing The Market But Its Shares Aren'tWith a median price-to-earnings (or "P/E") ratio of close to 14x in Italy, you could be forgiven for feeling...
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: €0.28 (vs €0.33 in 3Q 2023)Third quarter 2024 results: EPS: €0.28 (down from €0.33 in 3Q 2023). Revenue: €622.7m (up 2.2% from 3Q 2023). Net income: €18.5m (down 15% from 3Q 2023). Profit margin: 3.0% (down from 3.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.
분석 기사 • Oct 14What Is MARR S.p.A.'s (BIT:MARR) Share Price Doing?While MARR S.p.A. ( BIT:MARR ) might not have the largest market cap around , it saw significant share price movement...
Reported Earnings • Aug 04Second quarter 2024 earnings released: EPS: €0.25 (vs €0.26 in 2Q 2023)Second quarter 2024 results: EPS: €0.25 (down from €0.26 in 2Q 2023). Revenue: €555.7m (down 1.3% from 2Q 2023). Net income: €15.7m (down 8.5% from 2Q 2023). Profit margin: 2.8% (down from 3.1% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
분석 기사 • Jul 25MARR S.p.A.'s (BIT:MARR) Popularity With Investors Is Under Threat From OverpricingWith a median price-to-earnings (or "P/E") ratio of close to 14x in Italy, you could be forgiven for feeling...
분석 기사 • Jul 05What You Need To Know About The MARR S.p.A. (BIT:MARR) Analyst Downgrade TodayThe latest analyst coverage could presage a bad day for MARR S.p.A. ( BIT:MARR ), with the analysts making...
Major Estimate Revision • Jul 05Consensus revenue estimates decrease by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €2.41b to €2.14b. EPS estimate unchanged from €0.76 per share at last update. Consumer Retailing industry in Italy expected to see average net income growth of 20% next year. Consensus price target of €14.90 unchanged from last update. Share price was steady at €12.16 over the past week.
분석 기사 • Jun 07Industry Analysts Just Upgraded Their MARR S.p.A. (BIT:MARR) Revenue Forecasts By 12%MARR S.p.A. ( BIT:MARR ) shareholders will have a reason to smile today, with the analysts making substantial upgrades...
Major Estimate Revision • Jun 06Consensus revenue estimates increase by 12%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from €2.14b to €2.41b. EPS estimate unchanged from €0.76 at last update. Consumer Retailing industry in Italy expected to see average net income growth of 23% next year. Consensus price target of €14.90 unchanged from last update. Share price was steady at €11.60 over the past week.
분석 기사 • May 24What Does MARR S.p.A.'s (BIT:MARR) Share Price Indicate?While MARR S.p.A. ( BIT:MARR ) might not have the largest market cap around , it saw significant share price movement...
Reported Earnings • May 16First quarter 2024 earnings released: EPS: €0.026 (vs €0.022 in 1Q 2023)First quarter 2024 results: EPS: €0.026 (up from €0.022 in 1Q 2023). Revenue: €418.1m (flat on 1Q 2023). Net income: €1.73m (up 18% from 1Q 2023). Profit margin: 0.4% (in line with 1Q 2023). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
Upcoming Dividend • May 13Upcoming dividend of €0.60 per shareEligible shareholders must have bought the stock before 20 May 2024. Payment date: 22 May 2024. Payout ratio is on the higher end at 84%, however this is supported by cash flows. Trailing yield: 5.0%. Lower than top quartile of Italian dividend payers (5.4%). Higher than average of industry peers (4.1%).
분석 기사 • Apr 25MARR (BIT:MARR) Is Paying Out A Larger Dividend Than Last YearMARR S.p.A. ( BIT:MARR ) will increase its dividend from last year's comparable payment on the 22nd of May to €0.60...
New Risk • Apr 07New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risk Dividend is not well covered by cash flows (96% cash payout ratio).
분석 기사 • Mar 18MARR's (BIT:MARR) Dividend Will Be Increased To €0.60MARR S.p.A. ( BIT:MARR ) has announced that it will be increasing its dividend from last year's comparable payment on...
Declared Dividend • Mar 18Dividend increased to €0.60Dividend of €0.60 is 58% higher than last year. Ex-date: 20th May 2024 Payment date: 22nd May 2024 Dividend yield will be 5.1%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (84% earnings payout ratio) but not adequately covered by cash flows (92% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
분석 기사 • Mar 16Analysts Are Updating Their MARR S.p.A. (BIT:MARR) Estimates After Its Annual ResultsIt's been a pretty great week for MARR S.p.A. ( BIT:MARR ) shareholders, with its shares surging 13% to €11.82 in the...
Reported Earnings • Mar 14Full year 2023 earnings released: EPS: €0.72 (vs €0.40 in FY 2022)Full year 2023 results: EPS: €0.72 (up from €0.40 in FY 2022). Revenue: €2.09b (up 11% from FY 2022). Net income: €47.1m (up 78% from FY 2022). Profit margin: 2.3% (up from 1.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
분석 기사 • Mar 09MARR (BIT:MARR) Has A Pretty Healthy Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Nov 17Third quarter 2023 earnings released: EPS: €0.33 (vs €0.21 in 3Q 2022)Third quarter 2023 results: EPS: €0.33 (up from €0.21 in 3Q 2022). Revenue: €610.4m (flat on 3Q 2022). Net income: €21.9m (up 54% from 3Q 2022). Profit margin: 3.6% (up from 2.3% in 3Q 2022). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
공지 • Nov 17+ 4 more updatesMARR S.p.A. to Report Fiscal Year 2023 Results on Mar 13, 2024MARR S.p.A. announced that they will report fiscal year 2023 results on Mar 13, 2024
분석 기사 • Nov 04MARR (BIT:MARR) Is Reinvesting At Lower Rates Of ReturnIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
분석 기사 • Sep 23Here's Why MARR (BIT:MARR) Can Manage Its Debt ResponsiblyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
분석 기사 • Sep 01Is Now An Opportune Moment To Examine MARR S.p.A. (BIT:MARR)?MARR S.p.A. ( BIT:MARR ), might not be a large cap stock, but it saw significant share price movement during recent...
New Risk • Aug 08New 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 Debt is not well covered by operating cash flow (10% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (170% cash payout ratio). Share price has been volatile over the past 3 months (5.3% average weekly change). Profit margins are more than 30% lower than last year (1.7% net profit margin).
Reported Earnings • Aug 06Second quarter 2023 earnings released: EPS: €0.26 (vs €0.20 in 2Q 2022)Second quarter 2023 results: EPS: €0.26 (up from €0.20 in 2Q 2022). Revenue: €564.8m (up 5.8% from 2Q 2022). Net income: €17.2m (up 28% from 2Q 2022). Profit margin: 3.0% (up from 2.5% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Price Target Changed • May 16Price target increased by 12% to €16.34Up from €14.64, the current price target is an average from 5 analysts. New target price is 8.4% above last closing price of €15.08. Stock is up 3.4% over the past year. The company is forecast to post earnings per share of €0.77 for next year compared to €0.40 last year.
분석 기사 • May 16At €15.42, Is MARR S.p.A. (BIT:MARR) Worth Looking At Closely?While MARR S.p.A. ( BIT:MARR ) might not be the most widely known stock at the moment, it led the BIT gainers with a...
Upcoming Dividend • May 15Upcoming dividend of €0.38 per share at 2.8% yieldEligible shareholders must have bought the stock before 22 May 2023. Payment date: 24 May 2023. Payout ratio is on the higher end at 95% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Italian dividend payers (5.3%). Lower than average of industry peers (4.4%).
Major Estimate Revision • May 14Consensus EPS estimates increase by 18%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from €2.04b to €2.11b. EPS estimate increased from €0.721 to €0.85 per share. Net income forecast to grow 114% next year vs 14% growth forecast for Consumer Retailing industry in Italy. Consensus price target of €14.64 unchanged from last update. Share price was steady at €13.54 over the past week.
Reported Earnings • Mar 16Full year 2022 earnings released: EPS: €0.40 (vs €0.53 in FY 2021)Full year 2022 results: EPS: €0.40 (down from €0.53 in FY 2021). Revenue: €1.93b (up 36% from FY 2021). Net income: €26.6m (down 24% from FY 2021). Profit margin: 1.4% (down from 2.5% in FY 2021). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Consumer Retailing industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
분석 기사 • Mar 16Here's Why MARR (BIT:MARR) Can Manage Its Debt ResponsiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
분석 기사 • Feb 18MARR's (BIT:MARR) Returns On Capital Not Reflecting Well On The BusinessTo find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...
분석 기사 • Jan 31At €12.18, Is MARR S.p.A. (BIT:MARR) Worth Looking At Closely?While MARR S.p.A. ( BIT:MARR ) might not be the most widely known stock at the moment, it saw a decent share price...
Board Change • Nov 16Less 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 Alessandro Nova was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
분석 기사 • Nov 14We Think MARR (BIT:MARR) Can Stay On Top Of Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
공지 • Oct 06+ 4 more updatesMARR S.p.A. to Report Q1, 2023 Results on May 12, 2023MARR S.p.A. announced that they will report Q1, 2023 results on May 12, 2023
분석 기사 • Aug 23MARR's (BIT:MARR) Returns On Capital Not Reflecting Well On The BusinessIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Reported Earnings • Aug 05Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: €555.6m (up 60% from 2Q 2021). Net income: €13.4m (up 79% from 2Q 2021). Profit margin: 2.4% (up from 2.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.1%, compared to a 8.1% growth forecast for the industry in Italy.
분석 기사 • Jun 15Is MARR (BIT:MARR) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Upcoming Dividend • May 16Upcoming dividend of €0.47 per shareEligible shareholders must have bought the stock before 23 May 2022. Payment date: 25 May 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.4%. Within top quartile of Italian dividend payers (4.7%). Higher than average of industry peers (4.2%).
Price Target Changed • Apr 27Price target decreased to €18.64Down from €21.62, the current price target is an average from 5 analysts. New target price is 19% above last closing price of €15.68. Stock is down 17% over the past year. The company is forecast to post earnings per share of €0.80 for next year compared to €0.53 last year.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Alessandro Nova was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Major Estimate Revision • Mar 22Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from €1.78b to €1.73b. EPS estimate also fell from €0.91 per share to €0.80 per share. Net income forecast to grow 58% next year vs 12% growth forecast for Consumer Retailing industry in Italy. Consensus price target down from €21.62 to €18.64. Share price fell 7.1% to €15.33 over the past week.
Reported Earnings • Mar 17Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: €0.53 (up from €0.036 loss in FY 2020). Revenue: €1.46b (up 39% from FY 2020). Net income: €35.1m (up €37.5m from FY 2020). Profit margin: 2.4% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 8.4%. Over the next year, revenue is forecast to grow 19%, compared to a 7.4% growth forecast for the retail industry in Italy. Over the last 3 years on average, earnings per share has fallen by 58% 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.
Price Target Changed • Mar 16Price target decreased to €20.04Down from €21.62, the current price target is an average from 4 analysts. New target price is 25% above last closing price of €16.04. Stock is down 11% over the past year. The company is forecast to post earnings per share of €0.49 next year compared to a net loss per share of €0.036 last year.
분석 기사 • Mar 01Is There An Opportunity With MARR S.p.A.'s (BIT:MARR) 49% Undervaluation?Today we'll do a simple run through of a valuation method used to estimate the attractiveness of MARR S.p.A. ( BIT:MARR...
분석 기사 • Feb 16Is MARR (BIT:MARR) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...