View ValuationCy4gate 향후 성장Future 기준 점검 3/6Cy4gate 의 수익은 연간 0.4% 감소할 것으로 예상되는 반면, 연간 수익은 107.4% 로 증가할 것으로 예상됩니다. EPS는 연간 105% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 2.7% 로 예상됩니다.핵심 정보107.4%이익 성장률105.02%EPS 성장률Software 이익 성장53.2%매출 성장률-0.4%향후 자기자본이익률2.75%애널리스트 커버리지Low마지막 업데이트18 May 2026최근 향후 성장 업데이트Price Target Changed • May 19Price target increased by 7.3% to €9.50Up from €8.85, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of €9.17. Stock is up 113% over the past year. The company is forecast to post a net loss per share of €0.042 next year compared to a net loss per share of €0.34 last year.Breakeven Date Change • May 17The 2 analysts covering Cy4gate previously expected the company to break even in 2027. New consensus forecast suggests losses will reduce by 90% to 2026. The company is expected to make a profit of €2.35m in 2027. Average annual earnings growth of 108% is required to achieve expected profit on schedule.Price Target Changed • Nov 18Price target increased by 12% to €6.75Up from €6.05, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of €6.87. Stock is up 68% over the past year. The company is forecast to post a net loss per share of €0.27 next year compared to a net loss per share of €0.31 last year.Major Estimate Revision • Sep 21Consensus EPS estimates fall by 31%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €86.0m to €90.2m. Forecast EPS reduced from -€0.203 to -€0.267 per share. Software industry in Italy expected to see average net income growth of 34% next year. Consensus price target up from €5.80 to €6.05. Share price was steady at €5.11 over the past week.Price Target Changed • Sep 15Price target increased by 9.0% to €6.05Up from €5.55, the current price target is an average from 2 analysts. New target price is 12% above last closing price of €5.42. Stock is up 2.7% over the past year. The company is forecast to post a net loss per share of €0.27 next year compared to a net loss per share of €0.31 last year.Major Estimate Revision • May 18Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -€0.18 to -€0.203 per share. Revenue forecast unchanged at €86.0m. Software industry in Italy expected to see average net income growth of 39% next year. Consensus price target of €5.55 unchanged from last update. Share price rose 2.1% to €4.29 over the past week.모든 업데이트 보기Recent updatesPrice Target Changed • May 19Price target increased by 7.3% to €9.50Up from €8.85, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of €9.17. Stock is up 113% over the past year. The company is forecast to post a net loss per share of €0.042 next year compared to a net loss per share of €0.34 last year.Reported Earnings • May 18First quarter 2026 earnings released: €0.05 loss per share (vs €0.23 loss in 1Q 2025)First quarter 2026 results: €0.05 loss per share (improved from €0.23 loss in 1Q 2025). Revenue: €38.8m (up 146% from 1Q 2025). Net loss: €1.91m (loss narrowed 66% from 1Q 2025). Revenue is forecast to stay flat during the next 3 years compared to a 9.5% growth forecast for the Software industry in Italy. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Breakeven Date Change • May 17The 2 analysts covering Cy4gate previously expected the company to break even in 2027. New consensus forecast suggests losses will reduce by 90% to 2026. The company is expected to make a profit of €2.35m in 2027. Average annual earnings growth of 108% is required to achieve expected profit on schedule.분석 기사 • Dec 12Cy4gate S.p.A.'s (BIT:CY4) 29% Share Price Surge Not Quite Adding UpDespite an already strong run, Cy4gate S.p.A. ( BIT:CY4 ) shares have been powering on, with a gain of 29% in the last...분석 기사 • Dec 03Cy4gate (BIT:CY4) Has Debt But No Earnings; Should You Worry?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Price Target Changed • Nov 18Price target increased by 12% to €6.75Up from €6.05, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of €6.87. Stock is up 68% over the past year. The company is forecast to post a net loss per share of €0.27 next year compared to a net loss per share of €0.31 last year.New Risk • Nov 17New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: €2.4m Forecast net loss in 2 years: €8.2k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€8.2k net loss in 2 years). Share price has been volatile over the past 3 months (6.2% average weekly change).Reported Earnings • Nov 15Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: €25.1m (up 53% from 3Q 2024). Net loss: €21.3k (loss narrowed 100% from 3Q 2024). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Italy. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.분석 기사 • Oct 28Cy4gate S.p.A.'s (BIT:CY4) 25% Price Boost Is Out Of Tune With RevenuesCy4gate S.p.A. ( BIT:CY4 ) shares have continued their recent momentum with a 25% gain in the last month alone. The...Major Estimate Revision • Sep 21Consensus EPS estimates fall by 31%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €86.0m to €90.2m. Forecast EPS reduced from -€0.203 to -€0.267 per share. Software industry in Italy expected to see average net income growth of 34% next year. Consensus price target up from €5.80 to €6.05. Share price was steady at €5.11 over the past week.Price Target Changed • Sep 15Price target increased by 9.0% to €6.05Up from €5.55, the current price target is an average from 2 analysts. New target price is 12% above last closing price of €5.42. Stock is up 2.7% over the past year. The company is forecast to post a net loss per share of €0.27 next year compared to a net loss per share of €0.31 last year.New Risk • Sep 15New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: €6.5m Forecast net loss in 2 years: €815k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company.Reported Earnings • Sep 14Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: €24.3m (up 48% from 2Q 2024). Net loss: €3.55m (loss narrowed 13% from 2Q 2024). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Italy. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.분석 기사 • May 25Subdued Growth No Barrier To Cy4gate S.p.A. (BIT:CY4) With Shares Advancing 33%The Cy4gate S.p.A. ( BIT:CY4 ) share price has done very well over the last month, posting an excellent gain of 33...Major Estimate Revision • May 18Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -€0.18 to -€0.203 per share. Revenue forecast unchanged at €86.0m. Software industry in Italy expected to see average net income growth of 39% next year. Consensus price target of €5.55 unchanged from last update. Share price rose 2.1% to €4.29 over the past week.Reported Earnings • Apr 22Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: €0.31 loss per share (improved from €0.46 loss in FY 2023). Revenue: €75.1m (up 11% from FY 2023). Net loss: €7.40m (loss narrowed 31% from FY 2023). Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) exceeded analyst estimates by 28%. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Italy. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.New Risk • Apr 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 6.6% 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 (6.6% average weekly change). Market cap is less than US$100m (€87.4m market cap, or US$99.6m).분석 기사 • Apr 10Cy4gate S.p.A.'s (BIT:CY4) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatioCy4gate S.p.A. ( BIT:CY4 ) shareholders that were waiting for something to happen have been dealt a blow with a 26...Reported Earnings • Mar 16Full year 2024 earnings releasedFull year 2024 results: Revenue: €75.1m (up 10.0% from FY 2023). Net loss: €7.44m (loss narrowed 31% from FY 2023). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Software industry in Italy. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.분석 기사 • Mar 07Should You Think About Buying Cy4gate S.p.A. (BIT:CY4) Now?While Cy4gate S.p.A. ( BIT:CY4 ) might not have the largest market cap around , it received a lot of attention from a...Buy Or Sell Opportunity • Mar 04Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 10% to €3.93. The fair value is estimated to be €4.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 33% in 2 years. Earnings are forecast to grow by 99% in the next 2 years.New Risk • Mar 03New 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 5.8% 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 Currently unprofitable and not forecast to become profitable over next 2 years (€130k net loss in 2 years). Share price has been volatile over the past 3 months (5.8% average weekly change). Market cap is less than US$100m (€94.8m market cap, or US$99.5m).분석 기사 • Feb 12Would Cy4gate (BIT:CY4) Be Better Off With Less Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...New Risk • Jan 28New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: €17m Forecast net loss in 2 years: €130k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€130k net loss in 2 years). Market cap is less than US$100m (€94.6m market cap, or US$98.6m).Buy Or Sell Opportunity • Dec 02Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 25% to €4.39. The fair value is estimated to be €5.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 27% in a year. Earnings are forecast to grow by 99% in the next year.Reported Earnings • Nov 18Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: €47.5m (up 312% from 3Q 2023). Net loss: €14.2m (loss widened 219% from 3Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Italy.New Risk • Nov 11New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €93.4m (US$99.6m) 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: Minor Risks Share price has been volatile over the past 3 months (5.3% average weekly change). Market cap is less than US$100m (€93.4m market cap, or US$99.6m).New Risk • Nov 06New 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 5.4% 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. This is currently the only risk that has been identified for the company.분석 기사 • Nov 05Potential Upside For Cy4gate S.p.A. (BIT:CY4) Not Without RiskIt's not a stretch to say that Cy4gate S.p.A.'s ( BIT:CY4 ) price-to-sales (or "P/S") ratio of 1.4x right now seems...분석 기사 • Sep 19Does Cy4gate (BIT:CY4) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Sep 15Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €16.5m (down 17% from 2Q 2023). Net loss: €3.26m (down 263% from profit in 2Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Italy. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.Buy Or Sell Opportunity • Jul 01Now 8.2% overvalued after recent price riseOver the last 90 days, the stock has risen 1.4% to €5.71. The fair value is estimated to be €5.28, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 57% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Jun 21Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 5.5% to €5.97. The fair value is estimated to be €4.81, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 57% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • May 17First quarter 2024 earnings released: €0.23 loss per share (vs €0.069 loss in 1Q 2023)First quarter 2024 results: €0.23 loss per share (further deteriorated from €0.069 loss in 1Q 2023). Revenue: €14.6m (down 13% from 1Q 2023). Net loss: €5.40m (loss widened 234% from 1Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Italy. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.New Risk • May 15New major risk - Revenue and earnings growthEarnings have declined by 27% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 27% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change).Buy Or Sell Opportunity • Apr 26Now 20% overvaluedOver the last 90 days, the stock has fallen 19% to €6.11. The fair value is estimated to be €5.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 64% over the last 3 years. Meanwhile, the company became loss making.New Risk • Mar 21New 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 5.9% 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 • Mar 16Full year 2023 earnings releasedFull year 2023 results: Revenue: €68.3m (up 21% from FY 2022). Net loss: €10.7m (down €12.9m from profit in FY 2022). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Software industry in Italy. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.분석 기사 • Feb 27Cy4gate S.p.A.'s (BIT:CY4) Share Price Is Still Matching Investor Opinion Despite 26% SlumpCy4gate S.p.A. ( BIT:CY4 ) shareholders that were waiting for something to happen have been dealt a blow with a 26...Major Estimate Revision • Feb 16Consensus revenue estimates fall by 19%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €80.0m to €65.0m. Forecast losses increased from -€0.108 to -€0.323 per share. Software industry in Italy expected to see average net income growth of 49% next year. Consensus price target of €9.75 unchanged from last update. Share price rose 2.4% to €6.50 over the past week.Valuation Update With 7 Day Price Move • Feb 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €6.31, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 16x in the Software industry in Italy. Total loss to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.99 per share.Price Target Changed • Feb 07Price target decreased by 14% to €9.75Down from €11.40, the current price target is an average from 2 analysts. New target price is 53% above last closing price of €6.36. Stock is down 39% over the past year. The company is forecast to post a net loss per share of €0.11 compared to earnings per share of €0.10 last year.Major Estimate Revision • Feb 06Consensus EPS estimates fall from profit to €0.11 lossThe consensus outlook for fiscal year 2023 has been updated. Forecast loss of -€0.106 per share in 2023, versus previous forecasts of €0.147 per share. Revenue forecast unchanged from €80.0m at last update. Software industry in Italy expected to see average net income growth of 61% next year. Consensus price target down from €11.40 to €10.65. Share price fell 6.3% to €6.79 over the past week.Price Target Changed • Feb 05Price target decreased by 9.7% to €10.65Down from €11.80, the current price target is an average from 2 analysts. New target price is 57% above last closing price of €6.79. Stock is down 32% over the past year. The company is forecast to post a net loss per share of €0.11 compared to earnings per share of €0.10 last year.Major Estimate Revision • Nov 24Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €82.5m to €80.0m. EPS estimate also fell from €0.207 per share to €0.184 per share. Net income forecast to grow 86% next year vs 52% growth forecast for Software industry in Italy. Consensus price target down from €11.80 to €11.40. Share price was steady at €7.84 over the past week.Reported Earnings • Nov 17Third quarter 2023 earnings released: €0.15 loss per share (vs €0.13 profit in 3Q 2022)Third quarter 2023 results: €0.15 loss per share (down from €0.13 profit in 3Q 2022). Revenue: €11.5m (down 43% from 3Q 2022). Net loss: €4.44m (down 250% from profit in 3Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Software industry in Italy. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Nov 02Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €7.40, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 17x in the Software industry in Italy. Total returns to shareholders of 76% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.78 per share.New Risk • Oct 31New 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 5.2% 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 (5.2% average weekly change). Large one-off items impacting financial results.분석 기사 • Oct 25Cy4gate S.p.A.'s (BIT:CY4) Share Price Matching Investor OpinionWhen you see that almost half of the companies in the Software industry in Italy have price-to-sales ratios (or "P/S...Buying Opportunity • Oct 24Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be €8.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 68% over the last 3 years. Earnings per share has declined by 51%. Revenue is forecast to grow by 26% in 2 years. Earnings is forecast to grow by 207% in the next 2 years.Major Estimate Revision • Sep 20Consensus EPS estimates fall by 23%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €0.304 to €0.234 per share. Revenue forecast steady at €82.5m. Net income forecast to grow 168% next year vs 81% growth forecast for Software industry in Italy. Consensus price target broadly unchanged at €12.15. Share price fell 3.8% to €8.18 over the past week.Major Estimate Revision • Apr 03Consensus EPS estimates fall by 48%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €84.0m to €82.6m. EPS estimate also fell from €0.616 per share to €0.32 per share. Net income forecast to grow 593% next year vs 34% growth forecast for Software industry in Italy. Consensus price target broadly unchanged at €12.85. Share price fell 4.4% to €9.66 over the past week.Major Estimate Revision • Mar 12Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2022 has deteriorated. 2022 revenue forecast decreased from €61.5m to €59.5m. EPS estimate also fell from €0.369 per share to €0.313 per share. Net income forecast to grow 1,090% next year vs 43% growth forecast for Software industry in Italy. Consensus price target down from €13.60 to €13.00. Share price fell 4.4% to €9.92 over the past week.Price Target Changed • Jan 29Price target decreased by 7.8% to €13.60Down from €14.75, the current price target is an average from 2 analysts. New target price is 47% above last closing price of €9.27. Stock is down 16% over the past year. The company is forecast to post earnings per share of €0.37 for next year compared to €0.35 last year.Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Vincenzo Pompa 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. Lack of board continuity.분석 기사 • Oct 22Is Now The Time To Look At Buying Cy4gate S.p.A. (BIT:CY4)?Cy4gate S.p.A. ( BIT:CY4 ), might not be a large cap stock, but it saw a significant share price rise of over 20% in...분석 기사 • Sep 30Estimating The Fair Value Of Cy4gate S.p.A. (BIT:CY4)Does the September share price for Cy4gate S.p.A. ( BIT:CY4 ) reflect what it's really worth? Today, we will estimate...Price Target Changed • Sep 26Price target decreased to €14.00Down from €15.75, the current price target is an average from 2 analysts. New target price is 59% above last closing price of €8.81. Stock is down 26% over the past year. The company is forecast to post earnings per share of €0.51 for next year compared to €0.35 last year.Reported Earnings • Sep 24First half 2022 earnings released: EPS: €0 (vs €0.02 in 1H 2021)First half 2022 results: EPS: €0 (down from €0.02 in 1H 2021). Revenue: €16.7m (up 170% from 1H 2021). Net loss: €3.60m (down €3.90m from profit in 1H 2021). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Software industry in Italy.Board Change • Apr 27Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Vincenzo Pompa 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. Lack of board continuity.분석 기사 • Apr 01Analysts Just Published A Bright New Outlook For Cy4gate S.p.A.'s (BIT:CY4)Celebrations may be in order for Cy4gate S.p.A. ( BIT:CY4 ) shareholders, with the analysts delivering a significant...Major Estimate Revision • Mar 29Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from €29.0m to €27.0m. EPS estimate rose from €0.42 to €0.55. Net income forecast to grow 15% next year vs 49% growth forecast for Software industry in Italy. Consensus price target up from €14.90 to €15.75. Share price rose 3.2% to €10.96 over the past week.Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improved over the past weekAfter last week's 18% share price gain to €11.84, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 25x in the Software industry in Italy. Total returns to shareholders of 31% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €11.11 per share.분석 기사 • Mar 06Cy4gate's (BIT:CY4) Shareholders Have More To Worry About Than Only Soft EarningsThe subdued market reaction suggests that Cy4gate S.p.A.'s ( BIT:CY4 ) recent earnings didn't contain any surprises...Reported Earnings • Sep 25First half 2021 earnings releasedThe company reported a mediocre first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: €6.98m (up 35% from 1H 2020). Net income: €296.6k (down 79% from 1H 2020). Profit margin: 4.2% (down from 28% in 1H 2020). The decrease in margin was driven by higher expenses.Price Target Changed • Sep 06Price target increased to €12.15Up from €10.50, the current price target is provided by 1 analyst. New target price is 6.8% below last closing price of €13.04. Stock is up 192% over the past year.Valuation Update With 7 Day Price Move • Aug 12Investor sentiment improved over the past weekAfter last week's 16% share price gain to €11.42, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 31x in the Software industry in Italy. Total returns to shareholders of 138% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €12.93 per share.분석 기사 • Aug 05Cy4gate's (BIT:CY4) Returns On Capital Are Heading HigherIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...분석 기사 • May 27A Look At The Fair Value Of Cy4gate S.p.A. (BIT:CY4)In this article we are going to estimate the intrinsic value of Cy4gate S.p.A. ( BIT:CY4 ) by taking the expected...분석 기사 • Feb 11Is Cy4gate S.p.A. (BIT:CY4) Worth €8.5 Based On Its Intrinsic Value?Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Cy4gate S.p.A...Is New 90 Day High Low • Dec 17New 90-day high: €7.95The company is up 81% from its price of €4.40 on 18 September 2020. The Italian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 7.0% over the same period.Is New 90 Day High Low • Dec 02New 90-day high: €5.20The company is up 15% from its price of €4.52 on 03 September 2020. The Italian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 2.0% over the same period.Is New 90 Day High Low • Oct 21New 90-day low: €4.18The company is down 6.0% from its price of €4.47 on 23 July 2020. The Italian market is also down 6.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Software industry, which is up 1.0% over the same period.공시 • Aug 15Cy4gate S.p.A. announced that it has received funding from First Capital S.p.A.Cy4gate S.p.A. (BIT:CY4) announced that it has received a round of funding from new investor First Capital S.p.A. (BIT:FIC) on July 2, 2020.이익 및 매출 성장 예측BIT:CY4 - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202812148N/A112/31/202711827N/A212/31/2026112-18N/A23/31/2026124-6N/AN/AN/A12/31/2025102-101829N/A9/30/202593-2N/AN/AN/A6/30/202585-7214N/A3/31/202576-7N/AN/AN/A12/31/202475-7-412N/A9/30/202470-17N/AN/AN/A6/30/202464-17527N/A3/31/202468-12N/AN/AN/A12/31/202368-11-220N/A9/30/2023752N/AN/AN/A6/30/2023753-711N/A3/31/202363-1N/AN/AN/A12/31/2022572-58N/A9/30/202233-6N/AN/AN/A6/30/2022290-10-1N/A3/31/2022233-9-1N/A12/31/2021185-70N/A9/30/2021165-7-1N/A6/30/2021144-7-1N/A3/31/2021145-6-1N/A12/31/2020135-5-1N/A9/30/2020145N/AN/AN/A6/30/2020114N/AN/AN/A3/31/2020103N/AN/AN/A12/31/201992N/A2N/A12/31/20186-1N/AN/AN/A12/31/20172-1N/AN/AN/A12/31/20162-1N/AN/AN/A더 보기애널리스트 향후 성장 전망수입 대 저축률: CY4 은 향후 3년 동안 수익을 낼 것으로 예상되며, 이는 절약률(3.3%)보다 빠른 성장으로 간주됩니다.수익 vs 시장: CY4 (는) 향후 3년 동안 평균 시장 성장보다 높은 수익을 올릴 것으로 예상됩니다.고성장 수익: CY4 향후 3년 내에 수익을 낼 것으로 예상됩니다.수익 대 시장: CY4 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -0.4%).고성장 매출: CY4 의 수익은 향후 3년 동안 감소할 것으로 예상됩니다(연간 -0.4%).주당순이익 성장 예측향후 자기자본이익률미래 ROE: CY4의 자본 수익률은 3년 후 2.7%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YSoftware 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/20 14:50종가2026/05/20 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Cy4gate S.p.A.는 3명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Domenico GhilottiEquita SIM S.p.A.Alessandro CecchiniEquita SIM S.p.A.Pietro NargiIntermonte SIM S.p.A.
Price Target Changed • May 19Price target increased by 7.3% to €9.50Up from €8.85, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of €9.17. Stock is up 113% over the past year. The company is forecast to post a net loss per share of €0.042 next year compared to a net loss per share of €0.34 last year.
Breakeven Date Change • May 17The 2 analysts covering Cy4gate previously expected the company to break even in 2027. New consensus forecast suggests losses will reduce by 90% to 2026. The company is expected to make a profit of €2.35m in 2027. Average annual earnings growth of 108% is required to achieve expected profit on schedule.
Price Target Changed • Nov 18Price target increased by 12% to €6.75Up from €6.05, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of €6.87. Stock is up 68% over the past year. The company is forecast to post a net loss per share of €0.27 next year compared to a net loss per share of €0.31 last year.
Major Estimate Revision • Sep 21Consensus EPS estimates fall by 31%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €86.0m to €90.2m. Forecast EPS reduced from -€0.203 to -€0.267 per share. Software industry in Italy expected to see average net income growth of 34% next year. Consensus price target up from €5.80 to €6.05. Share price was steady at €5.11 over the past week.
Price Target Changed • Sep 15Price target increased by 9.0% to €6.05Up from €5.55, the current price target is an average from 2 analysts. New target price is 12% above last closing price of €5.42. Stock is up 2.7% over the past year. The company is forecast to post a net loss per share of €0.27 next year compared to a net loss per share of €0.31 last year.
Major Estimate Revision • May 18Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -€0.18 to -€0.203 per share. Revenue forecast unchanged at €86.0m. Software industry in Italy expected to see average net income growth of 39% next year. Consensus price target of €5.55 unchanged from last update. Share price rose 2.1% to €4.29 over the past week.
Price Target Changed • May 19Price target increased by 7.3% to €9.50Up from €8.85, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of €9.17. Stock is up 113% over the past year. The company is forecast to post a net loss per share of €0.042 next year compared to a net loss per share of €0.34 last year.
Reported Earnings • May 18First quarter 2026 earnings released: €0.05 loss per share (vs €0.23 loss in 1Q 2025)First quarter 2026 results: €0.05 loss per share (improved from €0.23 loss in 1Q 2025). Revenue: €38.8m (up 146% from 1Q 2025). Net loss: €1.91m (loss narrowed 66% from 1Q 2025). Revenue is forecast to stay flat during the next 3 years compared to a 9.5% growth forecast for the Software industry in Italy. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Breakeven Date Change • May 17The 2 analysts covering Cy4gate previously expected the company to break even in 2027. New consensus forecast suggests losses will reduce by 90% to 2026. The company is expected to make a profit of €2.35m in 2027. Average annual earnings growth of 108% is required to achieve expected profit on schedule.
분석 기사 • Dec 12Cy4gate S.p.A.'s (BIT:CY4) 29% Share Price Surge Not Quite Adding UpDespite an already strong run, Cy4gate S.p.A. ( BIT:CY4 ) shares have been powering on, with a gain of 29% in the last...
분석 기사 • Dec 03Cy4gate (BIT:CY4) Has Debt But No Earnings; Should You Worry?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Price Target Changed • Nov 18Price target increased by 12% to €6.75Up from €6.05, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of €6.87. Stock is up 68% over the past year. The company is forecast to post a net loss per share of €0.27 next year compared to a net loss per share of €0.31 last year.
New Risk • Nov 17New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: €2.4m Forecast net loss in 2 years: €8.2k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€8.2k net loss in 2 years). Share price has been volatile over the past 3 months (6.2% average weekly change).
Reported Earnings • Nov 15Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: €25.1m (up 53% from 3Q 2024). Net loss: €21.3k (loss narrowed 100% from 3Q 2024). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Italy. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
분석 기사 • Oct 28Cy4gate S.p.A.'s (BIT:CY4) 25% Price Boost Is Out Of Tune With RevenuesCy4gate S.p.A. ( BIT:CY4 ) shares have continued their recent momentum with a 25% gain in the last month alone. The...
Major Estimate Revision • Sep 21Consensus EPS estimates fall by 31%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €86.0m to €90.2m. Forecast EPS reduced from -€0.203 to -€0.267 per share. Software industry in Italy expected to see average net income growth of 34% next year. Consensus price target up from €5.80 to €6.05. Share price was steady at €5.11 over the past week.
Price Target Changed • Sep 15Price target increased by 9.0% to €6.05Up from €5.55, the current price target is an average from 2 analysts. New target price is 12% above last closing price of €5.42. Stock is up 2.7% over the past year. The company is forecast to post a net loss per share of €0.27 next year compared to a net loss per share of €0.31 last year.
New Risk • Sep 15New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: €6.5m Forecast net loss in 2 years: €815k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company.
Reported Earnings • Sep 14Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: €24.3m (up 48% from 2Q 2024). Net loss: €3.55m (loss narrowed 13% from 2Q 2024). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Italy. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.
분석 기사 • May 25Subdued Growth No Barrier To Cy4gate S.p.A. (BIT:CY4) With Shares Advancing 33%The Cy4gate S.p.A. ( BIT:CY4 ) share price has done very well over the last month, posting an excellent gain of 33...
Major Estimate Revision • May 18Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -€0.18 to -€0.203 per share. Revenue forecast unchanged at €86.0m. Software industry in Italy expected to see average net income growth of 39% next year. Consensus price target of €5.55 unchanged from last update. Share price rose 2.1% to €4.29 over the past week.
Reported Earnings • Apr 22Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: €0.31 loss per share (improved from €0.46 loss in FY 2023). Revenue: €75.1m (up 11% from FY 2023). Net loss: €7.40m (loss narrowed 31% from FY 2023). Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) exceeded analyst estimates by 28%. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Italy. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.
New Risk • Apr 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 6.6% 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 (6.6% average weekly change). Market cap is less than US$100m (€87.4m market cap, or US$99.6m).
분석 기사 • Apr 10Cy4gate S.p.A.'s (BIT:CY4) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatioCy4gate S.p.A. ( BIT:CY4 ) shareholders that were waiting for something to happen have been dealt a blow with a 26...
Reported Earnings • Mar 16Full year 2024 earnings releasedFull year 2024 results: Revenue: €75.1m (up 10.0% from FY 2023). Net loss: €7.44m (loss narrowed 31% from FY 2023). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Software industry in Italy. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.
분석 기사 • Mar 07Should You Think About Buying Cy4gate S.p.A. (BIT:CY4) Now?While Cy4gate S.p.A. ( BIT:CY4 ) might not have the largest market cap around , it received a lot of attention from a...
Buy Or Sell Opportunity • Mar 04Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 10% to €3.93. The fair value is estimated to be €4.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 33% in 2 years. Earnings are forecast to grow by 99% in the next 2 years.
New Risk • Mar 03New 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 5.8% 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 Currently unprofitable and not forecast to become profitable over next 2 years (€130k net loss in 2 years). Share price has been volatile over the past 3 months (5.8% average weekly change). Market cap is less than US$100m (€94.8m market cap, or US$99.5m).
분석 기사 • Feb 12Would Cy4gate (BIT:CY4) Be Better Off With Less Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
New Risk • Jan 28New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: €17m Forecast net loss in 2 years: €130k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€130k net loss in 2 years). Market cap is less than US$100m (€94.6m market cap, or US$98.6m).
Buy Or Sell Opportunity • Dec 02Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 25% to €4.39. The fair value is estimated to be €5.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 27% in a year. Earnings are forecast to grow by 99% in the next year.
Reported Earnings • Nov 18Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: €47.5m (up 312% from 3Q 2023). Net loss: €14.2m (loss widened 219% from 3Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Italy.
New Risk • Nov 11New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €93.4m (US$99.6m) 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: Minor Risks Share price has been volatile over the past 3 months (5.3% average weekly change). Market cap is less than US$100m (€93.4m market cap, or US$99.6m).
New Risk • Nov 06New 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 5.4% 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. This is currently the only risk that has been identified for the company.
분석 기사 • Nov 05Potential Upside For Cy4gate S.p.A. (BIT:CY4) Not Without RiskIt's not a stretch to say that Cy4gate S.p.A.'s ( BIT:CY4 ) price-to-sales (or "P/S") ratio of 1.4x right now seems...
분석 기사 • Sep 19Does Cy4gate (BIT:CY4) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Sep 15Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €16.5m (down 17% from 2Q 2023). Net loss: €3.26m (down 263% from profit in 2Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Italy. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.
Buy Or Sell Opportunity • Jul 01Now 8.2% overvalued after recent price riseOver the last 90 days, the stock has risen 1.4% to €5.71. The fair value is estimated to be €5.28, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 57% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Jun 21Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 5.5% to €5.97. The fair value is estimated to be €4.81, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 57% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • May 17First quarter 2024 earnings released: €0.23 loss per share (vs €0.069 loss in 1Q 2023)First quarter 2024 results: €0.23 loss per share (further deteriorated from €0.069 loss in 1Q 2023). Revenue: €14.6m (down 13% from 1Q 2023). Net loss: €5.40m (loss widened 234% from 1Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Italy. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
New Risk • May 15New major risk - Revenue and earnings growthEarnings have declined by 27% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 27% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change).
Buy Or Sell Opportunity • Apr 26Now 20% overvaluedOver the last 90 days, the stock has fallen 19% to €6.11. The fair value is estimated to be €5.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 64% over the last 3 years. Meanwhile, the company became loss making.
New Risk • Mar 21New 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 5.9% 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 • Mar 16Full year 2023 earnings releasedFull year 2023 results: Revenue: €68.3m (up 21% from FY 2022). Net loss: €10.7m (down €12.9m from profit in FY 2022). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Software industry in Italy. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
분석 기사 • Feb 27Cy4gate S.p.A.'s (BIT:CY4) Share Price Is Still Matching Investor Opinion Despite 26% SlumpCy4gate S.p.A. ( BIT:CY4 ) shareholders that were waiting for something to happen have been dealt a blow with a 26...
Major Estimate Revision • Feb 16Consensus revenue estimates fall by 19%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €80.0m to €65.0m. Forecast losses increased from -€0.108 to -€0.323 per share. Software industry in Italy expected to see average net income growth of 49% next year. Consensus price target of €9.75 unchanged from last update. Share price rose 2.4% to €6.50 over the past week.
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €6.31, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 16x in the Software industry in Italy. Total loss to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.99 per share.
Price Target Changed • Feb 07Price target decreased by 14% to €9.75Down from €11.40, the current price target is an average from 2 analysts. New target price is 53% above last closing price of €6.36. Stock is down 39% over the past year. The company is forecast to post a net loss per share of €0.11 compared to earnings per share of €0.10 last year.
Major Estimate Revision • Feb 06Consensus EPS estimates fall from profit to €0.11 lossThe consensus outlook for fiscal year 2023 has been updated. Forecast loss of -€0.106 per share in 2023, versus previous forecasts of €0.147 per share. Revenue forecast unchanged from €80.0m at last update. Software industry in Italy expected to see average net income growth of 61% next year. Consensus price target down from €11.40 to €10.65. Share price fell 6.3% to €6.79 over the past week.
Price Target Changed • Feb 05Price target decreased by 9.7% to €10.65Down from €11.80, the current price target is an average from 2 analysts. New target price is 57% above last closing price of €6.79. Stock is down 32% over the past year. The company is forecast to post a net loss per share of €0.11 compared to earnings per share of €0.10 last year.
Major Estimate Revision • Nov 24Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €82.5m to €80.0m. EPS estimate also fell from €0.207 per share to €0.184 per share. Net income forecast to grow 86% next year vs 52% growth forecast for Software industry in Italy. Consensus price target down from €11.80 to €11.40. Share price was steady at €7.84 over the past week.
Reported Earnings • Nov 17Third quarter 2023 earnings released: €0.15 loss per share (vs €0.13 profit in 3Q 2022)Third quarter 2023 results: €0.15 loss per share (down from €0.13 profit in 3Q 2022). Revenue: €11.5m (down 43% from 3Q 2022). Net loss: €4.44m (down 250% from profit in 3Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Software industry in Italy. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Nov 02Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €7.40, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 17x in the Software industry in Italy. Total returns to shareholders of 76% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.78 per share.
New Risk • Oct 31New 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 5.2% 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 (5.2% average weekly change). Large one-off items impacting financial results.
분석 기사 • Oct 25Cy4gate S.p.A.'s (BIT:CY4) Share Price Matching Investor OpinionWhen you see that almost half of the companies in the Software industry in Italy have price-to-sales ratios (or "P/S...
Buying Opportunity • Oct 24Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be €8.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 68% over the last 3 years. Earnings per share has declined by 51%. Revenue is forecast to grow by 26% in 2 years. Earnings is forecast to grow by 207% in the next 2 years.
Major Estimate Revision • Sep 20Consensus EPS estimates fall by 23%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €0.304 to €0.234 per share. Revenue forecast steady at €82.5m. Net income forecast to grow 168% next year vs 81% growth forecast for Software industry in Italy. Consensus price target broadly unchanged at €12.15. Share price fell 3.8% to €8.18 over the past week.
Major Estimate Revision • Apr 03Consensus EPS estimates fall by 48%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €84.0m to €82.6m. EPS estimate also fell from €0.616 per share to €0.32 per share. Net income forecast to grow 593% next year vs 34% growth forecast for Software industry in Italy. Consensus price target broadly unchanged at €12.85. Share price fell 4.4% to €9.66 over the past week.
Major Estimate Revision • Mar 12Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2022 has deteriorated. 2022 revenue forecast decreased from €61.5m to €59.5m. EPS estimate also fell from €0.369 per share to €0.313 per share. Net income forecast to grow 1,090% next year vs 43% growth forecast for Software industry in Italy. Consensus price target down from €13.60 to €13.00. Share price fell 4.4% to €9.92 over the past week.
Price Target Changed • Jan 29Price target decreased by 7.8% to €13.60Down from €14.75, the current price target is an average from 2 analysts. New target price is 47% above last closing price of €9.27. Stock is down 16% over the past year. The company is forecast to post earnings per share of €0.37 for next year compared to €0.35 last year.
Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Vincenzo Pompa 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. Lack of board continuity.
분석 기사 • Oct 22Is Now The Time To Look At Buying Cy4gate S.p.A. (BIT:CY4)?Cy4gate S.p.A. ( BIT:CY4 ), might not be a large cap stock, but it saw a significant share price rise of over 20% in...
분석 기사 • Sep 30Estimating The Fair Value Of Cy4gate S.p.A. (BIT:CY4)Does the September share price for Cy4gate S.p.A. ( BIT:CY4 ) reflect what it's really worth? Today, we will estimate...
Price Target Changed • Sep 26Price target decreased to €14.00Down from €15.75, the current price target is an average from 2 analysts. New target price is 59% above last closing price of €8.81. Stock is down 26% over the past year. The company is forecast to post earnings per share of €0.51 for next year compared to €0.35 last year.
Reported Earnings • Sep 24First half 2022 earnings released: EPS: €0 (vs €0.02 in 1H 2021)First half 2022 results: EPS: €0 (down from €0.02 in 1H 2021). Revenue: €16.7m (up 170% from 1H 2021). Net loss: €3.60m (down €3.90m from profit in 1H 2021). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Software industry in Italy.
Board Change • Apr 27Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Vincenzo Pompa 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. Lack of board continuity.
분석 기사 • Apr 01Analysts Just Published A Bright New Outlook For Cy4gate S.p.A.'s (BIT:CY4)Celebrations may be in order for Cy4gate S.p.A. ( BIT:CY4 ) shareholders, with the analysts delivering a significant...
Major Estimate Revision • Mar 29Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from €29.0m to €27.0m. EPS estimate rose from €0.42 to €0.55. Net income forecast to grow 15% next year vs 49% growth forecast for Software industry in Italy. Consensus price target up from €14.90 to €15.75. Share price rose 3.2% to €10.96 over the past week.
Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improved over the past weekAfter last week's 18% share price gain to €11.84, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 25x in the Software industry in Italy. Total returns to shareholders of 31% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €11.11 per share.
분석 기사 • Mar 06Cy4gate's (BIT:CY4) Shareholders Have More To Worry About Than Only Soft EarningsThe subdued market reaction suggests that Cy4gate S.p.A.'s ( BIT:CY4 ) recent earnings didn't contain any surprises...
Reported Earnings • Sep 25First half 2021 earnings releasedThe company reported a mediocre first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: €6.98m (up 35% from 1H 2020). Net income: €296.6k (down 79% from 1H 2020). Profit margin: 4.2% (down from 28% in 1H 2020). The decrease in margin was driven by higher expenses.
Price Target Changed • Sep 06Price target increased to €12.15Up from €10.50, the current price target is provided by 1 analyst. New target price is 6.8% below last closing price of €13.04. Stock is up 192% over the past year.
Valuation Update With 7 Day Price Move • Aug 12Investor sentiment improved over the past weekAfter last week's 16% share price gain to €11.42, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 31x in the Software industry in Italy. Total returns to shareholders of 138% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €12.93 per share.
분석 기사 • Aug 05Cy4gate's (BIT:CY4) Returns On Capital Are Heading HigherIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
분석 기사 • May 27A Look At The Fair Value Of Cy4gate S.p.A. (BIT:CY4)In this article we are going to estimate the intrinsic value of Cy4gate S.p.A. ( BIT:CY4 ) by taking the expected...
분석 기사 • Feb 11Is Cy4gate S.p.A. (BIT:CY4) Worth €8.5 Based On Its Intrinsic Value?Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Cy4gate S.p.A...
Is New 90 Day High Low • Dec 17New 90-day high: €7.95The company is up 81% from its price of €4.40 on 18 September 2020. The Italian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 7.0% over the same period.
Is New 90 Day High Low • Dec 02New 90-day high: €5.20The company is up 15% from its price of €4.52 on 03 September 2020. The Italian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 2.0% over the same period.
Is New 90 Day High Low • Oct 21New 90-day low: €4.18The company is down 6.0% from its price of €4.47 on 23 July 2020. The Italian market is also down 6.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Software industry, which is up 1.0% over the same period.
공시 • Aug 15Cy4gate S.p.A. announced that it has received funding from First Capital S.p.A.Cy4gate S.p.A. (BIT:CY4) announced that it has received a round of funding from new investor First Capital S.p.A. (BIT:FIC) on July 2, 2020.