View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsAlmawave 향후 성장Future 기준 점검 3/6Almawave (는) 각각 연간 12.9% 및 17.3% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 13.1% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 8.7% 로 예상됩니다.핵심 정보12.9%이익 성장률13.10%EPS 성장률Software 이익 성장53.5%매출 성장률17.3%향후 자기자본이익률8.70%애널리스트 커버리지Low마지막 업데이트06 Oct 2025최근 향후 성장 업데이트Price Target Changed • Oct 03Price target increased by 16% to €5.00Up from €4.30, the current price target is provided by 1 analyst. New target price is 17% above last closing price of €4.29. The company is forecast to post earnings per share of €0.17 for next year compared to €0.29 last year.Major Estimate Revision • Nov 08Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €58.6m to €54.8m. EPS estimate also fell from €0.239 per share to €0.213 per share. Net income forecast to shrink 0.09% next year vs 68% growth forecast for Software industry in Italy . Consensus price target down from €5.35 to €4.75. Share price fell 6.5% to €2.87 over the past week.Major Estimate Revision • Aug 09Consensus revenue estimates fall by 19%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €72.1m to €58.6m. EPS estimate fell from €0.303 to €0.239 per share. Net income forecast to shrink 0.09% next year vs 55% growth forecast for Software industry in Italy . Consensus price target down from €7.10 to €5.35. Share price fell 6.4% to €3.80 over the past week.Price Target Changed • Aug 18Price target increased to €6.45Up from €6.00, the current price target is an average from 3 analysts. New target price is 55% above last closing price of €4.16. Stock is down 12% over the past year. The company is forecast to post earnings per share of €0.12 for next year compared to €0.14 last year.Price Target Changed • Apr 27Price target increased to €6.50Up from €6.00, the current price target is provided by 1 analyst. New target price is 58% above last closing price of €4.11. Stock is down 6.7% over the past year. The company is forecast to post earnings per share of €0.15 for next year compared to €0.14 last year.모든 업데이트 보기Recent updatesPrice Target Changed • Oct 03Price target increased by 16% to €5.00Up from €4.30, the current price target is provided by 1 analyst. New target price is 17% above last closing price of €4.29. The company is forecast to post earnings per share of €0.17 for next year compared to €0.29 last year.Valuation Update With 7 Day Price Move • Oct 03Investor sentiment improves as stock rises 38%After last week's 38% share price gain to €4.29, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 15x in the Software industry in Italy. Total returns to shareholders of 7.2% over the past three years.공지 • Oct 03Almaviva S.p.A. proposed to acquire remaining 30.50% stake in Almawave S.p.A. (BIT:AIW) for €39.13 million.Almaviva S.p.A. proposed to acquire remaining 30.50% stake in Almawave S.p.A. (BIT:AIW) for €39.13 million on October 3, 2025. A cash consideration valued at €4.3 per share will be paid by Almaviva S.p.A. The deal is entirely financed with own resources.분석 기사 • Aug 11Almawave's (BIT:AIW) Weak Earnings May Only Reveal A Part Of The Whole PictureBIT:AIW 1 Year Share Price vs Fair Value Explore Almawave's Fair Values from the Community and select yours A...New Risk • Aug 05New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 233% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.공지 • Apr 22Almawave S.p.A., Annual General Meeting, May 06, 2025Almawave S.p.A., Annual General Meeting, May 06, 2025, at 10:00 W. Europe Standard Time.Reported Earnings • Apr 06Full year 2024 earnings releasedFull year 2024 results: Revenue: €51.9m (down 9.7% from FY 2023). Net income: €8.50m (down 8.5% from FY 2023). Profit margin: 16% (in line with FY 2023). Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Software industry in Italy.Buy Or Sell Opportunity • Mar 18Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 10% to €3.30. The fair value is estimated to be €2.71, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to decline by 2.5% in the next 2 years.New Risk • Mar 13New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €90.8m (US$98.6m) 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 Share price has been highly volatile over the past 3 months (8.7% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (€90.8m market cap, or US$98.6m).New Risk • Feb 18New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.3% average weekly change). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end).Valuation Update With 7 Day Price Move • Jan 31Investor sentiment improves as stock rises 31%After last week's 31% share price gain to €3.40, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Software industry in Italy. Total loss to shareholders of 28% over the past three years.분석 기사 • Jan 31Estimating The Fair Value Of Almawave S.p.A. (BIT:AIW)Key Insights The projected fair value for Almawave is €2.98 based on 2 Stage Free Cash Flow to Equity With €2.99 share...New Risk • Jan 30New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.2% average weekly change). Minor Risk Market cap is less than US$100m (€78.9m market cap, or US$82.2m).Valuation Update With 7 Day Price Move • Dec 17Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €2.99, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 16x in the Software industry in Italy. Total loss to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.99 per share.New Risk • Dec 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 6.5% 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: Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (€82.2m market cap, or US$86.4m).Buy Or Sell Opportunity • Nov 25Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 41% to €2.40. The fair value is estimated to be €3.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to decline by 2.5% in the next 2 years.분석 기사 • Nov 14News Flash: 2 Analysts Think Almawave S.p.A. (BIT:AIW) Earnings Are Under ThreatThe analysts covering Almawave S.p.A. ( BIT:AIW ) delivered a dose of negativity to shareholders today, by making a...Major Estimate Revision • Nov 08Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €58.6m to €54.8m. EPS estimate also fell from €0.239 per share to €0.213 per share. Net income forecast to shrink 0.09% next year vs 68% growth forecast for Software industry in Italy . Consensus price target down from €5.35 to €4.75. Share price fell 6.5% to €2.87 over the past week.분석 기사 • Nov 08Positive Sentiment Still Eludes Almawave S.p.A. (BIT:AIW) Following 25% Share Price SlumpAlmawave S.p.A. ( BIT:AIW ) shareholders that were waiting for something to happen have been dealt a blow with a 25...New Risk • Nov 01New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €92.0m (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. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Nov 01Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €3.07, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Software industry in Italy. Total loss to shareholders of 42% over the past three years.분석 기사 • Oct 31These 4 Measures Indicate That Almawave (BIT:AIW) Is Using Debt Reasonably WellThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...분석 기사 • Aug 10Almawave's (BIT:AIW) Profits Appear To Have Quality IssuesThe stock price didn't jump after Almawave S.p.A. ( BIT:AIW ) posted decent earnings last week. We think that investors...Major Estimate Revision • Aug 09Consensus revenue estimates fall by 19%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €72.1m to €58.6m. EPS estimate fell from €0.303 to €0.239 per share. Net income forecast to shrink 0.09% next year vs 55% growth forecast for Software industry in Italy . Consensus price target down from €7.10 to €5.35. Share price fell 6.4% to €3.80 over the past week.Buy Or Sell Opportunity • Aug 03Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to €4.06. The fair value is estimated to be €5.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 39%. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.Reported Earnings • Mar 20Full year 2023 earnings releasedFull year 2023 results: Revenue: €57.5m (up 20% from FY 2022). Net income: €9.30m (up 93% from FY 2022). Profit margin: 16% (up from 10.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Software industry in Italy.Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €4.94, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 16x in the Software industry in Italy. Total returns to shareholders of 12% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €2.36 per share.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 4.9% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 07First half 2023 earnings released: EPS: €0.11 (vs €0.07 in 1H 2022)First half 2023 results: EPS: €0.11 (up from €0.07 in 1H 2022). Revenue: €27.7m (up 30% from 1H 2022). Net income: €3.11m (up 57% from 1H 2022). Profit margin: 11% (up from 9.2% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Italy.Reported Earnings • Mar 18Full year 2022 earnings releasedFull year 2022 results: Revenue: €48.0m (up 46% from FY 2021). Net income: €4.80m (up 39% from FY 2021). Profit margin: 10.0% (in line with FY 2021). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in Italy.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Luisa Torchia was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Price Target Changed • Aug 18Price target increased to €6.45Up from €6.00, the current price target is an average from 3 analysts. New target price is 55% above last closing price of €4.16. Stock is down 12% over the past year. The company is forecast to post earnings per share of €0.12 for next year compared to €0.14 last year.Price Target Changed • Apr 27Price target increased to €6.50Up from €6.00, the current price target is provided by 1 analyst. New target price is 58% above last closing price of €4.11. Stock is down 6.7% over the past year. The company is forecast to post earnings per share of €0.15 for next year compared to €0.14 last year.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.분석 기사 • Apr 13Almawave's (BIT:AIW) Earnings Are Of Questionable QualityAlmawave S.p.A. ( BIT:AIW ) announced strong profits, but the stock was stagnant. We did some digging, and we found...Valuation Update With 7 Day Price Move • Mar 08Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €3.90, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 25x in the Software industry in Italy.Valuation Update With 7 Day Price Move • Nov 01Investor sentiment improved over the past weekAfter last week's 19% share price gain to €5.59, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 24x in the Software industry in Italy.Reported Earnings • May 27Full year 2020 earnings releasedThe company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: €26.9m (up 26% from FY 2019). Net income: €1.33m (down 35% from FY 2019). Profit margin: 5.0% (down from 9.6% in FY 2019). The decrease in margin was driven by higher expenses.이익 및 매출 성장 예측BIT:AIW - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2027739516112/31/2026627216112/31/2025535-21516/30/2025478-411N/A3/31/2025488-310N/A12/31/2024499-310N/A9/30/2024518-210N/A6/30/2024538-110N/A3/31/2024559110N/A12/31/2023579311N/A9/30/2023568311N/A6/30/2023546411N/A3/31/2023515310N/A12/31/2022485310N/A9/30/202244439N/A6/30/202239427N/A3/31/202236416N/A12/31/202133305N/A9/30/202133416N/A6/30/202129315N/A3/31/202128227N/A12/31/202027148N/A9/30/202026226N/A12/31/2019212-14N/A12/31/2018162N/A0N/A12/31/2017141N/A2N/A12/31/2016131N/A0N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: AIW 의 연간 예상 수익 증가율(12.9%)이 saving rate(3.1%)보다 높습니다.수익 vs 시장: AIW 의 연간 수익(12.9%)이 Italian 시장(10.6%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: AIW 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: AIW 의 수익(연간 17.3%)이 Italian 시장(연간 5.6%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: AIW 의 수익(연간 17.3%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: AIW의 자본 수익률은 3년 후 8.7%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YSoftware 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/02/06 20:11종가2025/12/17 00:00수익2025/06/30연간 수익2024/12/31데이터 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 소스Almawave 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.분석가기관Luca ArenaAlantra Capital Markets ResearchDario MichiBNP Paribas
Price Target Changed • Oct 03Price target increased by 16% to €5.00Up from €4.30, the current price target is provided by 1 analyst. New target price is 17% above last closing price of €4.29. The company is forecast to post earnings per share of €0.17 for next year compared to €0.29 last year.
Major Estimate Revision • Nov 08Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €58.6m to €54.8m. EPS estimate also fell from €0.239 per share to €0.213 per share. Net income forecast to shrink 0.09% next year vs 68% growth forecast for Software industry in Italy . Consensus price target down from €5.35 to €4.75. Share price fell 6.5% to €2.87 over the past week.
Major Estimate Revision • Aug 09Consensus revenue estimates fall by 19%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €72.1m to €58.6m. EPS estimate fell from €0.303 to €0.239 per share. Net income forecast to shrink 0.09% next year vs 55% growth forecast for Software industry in Italy . Consensus price target down from €7.10 to €5.35. Share price fell 6.4% to €3.80 over the past week.
Price Target Changed • Aug 18Price target increased to €6.45Up from €6.00, the current price target is an average from 3 analysts. New target price is 55% above last closing price of €4.16. Stock is down 12% over the past year. The company is forecast to post earnings per share of €0.12 for next year compared to €0.14 last year.
Price Target Changed • Apr 27Price target increased to €6.50Up from €6.00, the current price target is provided by 1 analyst. New target price is 58% above last closing price of €4.11. Stock is down 6.7% over the past year. The company is forecast to post earnings per share of €0.15 for next year compared to €0.14 last year.
Price Target Changed • Oct 03Price target increased by 16% to €5.00Up from €4.30, the current price target is provided by 1 analyst. New target price is 17% above last closing price of €4.29. The company is forecast to post earnings per share of €0.17 for next year compared to €0.29 last year.
Valuation Update With 7 Day Price Move • Oct 03Investor sentiment improves as stock rises 38%After last week's 38% share price gain to €4.29, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 15x in the Software industry in Italy. Total returns to shareholders of 7.2% over the past three years.
공지 • Oct 03Almaviva S.p.A. proposed to acquire remaining 30.50% stake in Almawave S.p.A. (BIT:AIW) for €39.13 million.Almaviva S.p.A. proposed to acquire remaining 30.50% stake in Almawave S.p.A. (BIT:AIW) for €39.13 million on October 3, 2025. A cash consideration valued at €4.3 per share will be paid by Almaviva S.p.A. The deal is entirely financed with own resources.
분석 기사 • Aug 11Almawave's (BIT:AIW) Weak Earnings May Only Reveal A Part Of The Whole PictureBIT:AIW 1 Year Share Price vs Fair Value Explore Almawave's Fair Values from the Community and select yours A...
New Risk • Aug 05New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 233% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.
공지 • Apr 22Almawave S.p.A., Annual General Meeting, May 06, 2025Almawave S.p.A., Annual General Meeting, May 06, 2025, at 10:00 W. Europe Standard Time.
Reported Earnings • Apr 06Full year 2024 earnings releasedFull year 2024 results: Revenue: €51.9m (down 9.7% from FY 2023). Net income: €8.50m (down 8.5% from FY 2023). Profit margin: 16% (in line with FY 2023). Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Software industry in Italy.
Buy Or Sell Opportunity • Mar 18Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 10% to €3.30. The fair value is estimated to be €2.71, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to decline by 2.5% in the next 2 years.
New Risk • Mar 13New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €90.8m (US$98.6m) 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 Share price has been highly volatile over the past 3 months (8.7% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (€90.8m market cap, or US$98.6m).
New Risk • Feb 18New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.3% average weekly change). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end).
Valuation Update With 7 Day Price Move • Jan 31Investor sentiment improves as stock rises 31%After last week's 31% share price gain to €3.40, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Software industry in Italy. Total loss to shareholders of 28% over the past three years.
분석 기사 • Jan 31Estimating The Fair Value Of Almawave S.p.A. (BIT:AIW)Key Insights The projected fair value for Almawave is €2.98 based on 2 Stage Free Cash Flow to Equity With €2.99 share...
New Risk • Jan 30New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.2% average weekly change). Minor Risk Market cap is less than US$100m (€78.9m market cap, or US$82.2m).
Valuation Update With 7 Day Price Move • Dec 17Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €2.99, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 16x in the Software industry in Italy. Total loss to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.99 per share.
New Risk • Dec 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 6.5% 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: Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (€82.2m market cap, or US$86.4m).
Buy Or Sell Opportunity • Nov 25Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 41% to €2.40. The fair value is estimated to be €3.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to decline by 2.5% in the next 2 years.
분석 기사 • Nov 14News Flash: 2 Analysts Think Almawave S.p.A. (BIT:AIW) Earnings Are Under ThreatThe analysts covering Almawave S.p.A. ( BIT:AIW ) delivered a dose of negativity to shareholders today, by making a...
Major Estimate Revision • Nov 08Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €58.6m to €54.8m. EPS estimate also fell from €0.239 per share to €0.213 per share. Net income forecast to shrink 0.09% next year vs 68% growth forecast for Software industry in Italy . Consensus price target down from €5.35 to €4.75. Share price fell 6.5% to €2.87 over the past week.
분석 기사 • Nov 08Positive Sentiment Still Eludes Almawave S.p.A. (BIT:AIW) Following 25% Share Price SlumpAlmawave S.p.A. ( BIT:AIW ) shareholders that were waiting for something to happen have been dealt a blow with a 25...
New Risk • Nov 01New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €92.0m (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. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Nov 01Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €3.07, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Software industry in Italy. Total loss to shareholders of 42% over the past three years.
분석 기사 • Oct 31These 4 Measures Indicate That Almawave (BIT:AIW) Is Using Debt Reasonably WellThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
분석 기사 • Aug 10Almawave's (BIT:AIW) Profits Appear To Have Quality IssuesThe stock price didn't jump after Almawave S.p.A. ( BIT:AIW ) posted decent earnings last week. We think that investors...
Major Estimate Revision • Aug 09Consensus revenue estimates fall by 19%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €72.1m to €58.6m. EPS estimate fell from €0.303 to €0.239 per share. Net income forecast to shrink 0.09% next year vs 55% growth forecast for Software industry in Italy . Consensus price target down from €7.10 to €5.35. Share price fell 6.4% to €3.80 over the past week.
Buy Or Sell Opportunity • Aug 03Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to €4.06. The fair value is estimated to be €5.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 39%. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.
Reported Earnings • Mar 20Full year 2023 earnings releasedFull year 2023 results: Revenue: €57.5m (up 20% from FY 2022). Net income: €9.30m (up 93% from FY 2022). Profit margin: 16% (up from 10.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Software industry in Italy.
Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €4.94, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 16x in the Software industry in Italy. Total returns to shareholders of 12% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €2.36 per share.
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 4.9% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 07First half 2023 earnings released: EPS: €0.11 (vs €0.07 in 1H 2022)First half 2023 results: EPS: €0.11 (up from €0.07 in 1H 2022). Revenue: €27.7m (up 30% from 1H 2022). Net income: €3.11m (up 57% from 1H 2022). Profit margin: 11% (up from 9.2% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Italy.
Reported Earnings • Mar 18Full year 2022 earnings releasedFull year 2022 results: Revenue: €48.0m (up 46% from FY 2021). Net income: €4.80m (up 39% from FY 2021). Profit margin: 10.0% (in line with FY 2021). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Software industry in Italy.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Luisa Torchia was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Price Target Changed • Aug 18Price target increased to €6.45Up from €6.00, the current price target is an average from 3 analysts. New target price is 55% above last closing price of €4.16. Stock is down 12% over the past year. The company is forecast to post earnings per share of €0.12 for next year compared to €0.14 last year.
Price Target Changed • Apr 27Price target increased to €6.50Up from €6.00, the current price target is provided by 1 analyst. New target price is 58% above last closing price of €4.11. Stock is down 6.7% over the past year. The company is forecast to post earnings per share of €0.15 for next year compared to €0.14 last year.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
분석 기사 • Apr 13Almawave's (BIT:AIW) Earnings Are Of Questionable QualityAlmawave S.p.A. ( BIT:AIW ) announced strong profits, but the stock was stagnant. We did some digging, and we found...
Valuation Update With 7 Day Price Move • Mar 08Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €3.90, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 25x in the Software industry in Italy.
Valuation Update With 7 Day Price Move • Nov 01Investor sentiment improved over the past weekAfter last week's 19% share price gain to €5.59, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 24x in the Software industry in Italy.
Reported Earnings • May 27Full year 2020 earnings releasedThe company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: €26.9m (up 26% from FY 2019). Net income: €1.33m (down 35% from FY 2019). Profit margin: 5.0% (down from 9.6% in FY 2019). The decrease in margin was driven by higher expenses.