View Past PerformanceThis company listing is no longer activeThis company may still be operating, however this listing is no longer active.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 EventsPITECO 대차대조표 건전성재무 건전성 기준 점검 2/6핵심 정보125.89%부채/자본 비율€64.02m부채이자보상배율7x현금€7.88m자본€50.85m총부채€92.88m총자산€143.73m최근 재무 건전성 업데이트공시 • Aug 12Piteco Announces Delisting of the Shares from 23 AugustPITECO S.p.A. (BIT:PITE) shares are preparing to leave Piazza Affari. “Borsa Italiana will order the revocation of the Piteco shares from listing in Euronext Milan with effect from 23 August 2022, subject to suspension of the share in the sessions of 19 and 22 August 2022”, reads a note from Limbo Srl which promoted a takeover bid on group led by Marco Podini. The bidder will hold a total of 19,935,078 Piteco shares, representing approximately 98.77% of the company’s share capital.공시 • Jun 20Limbo Srl Announces a Voluntary Takeover Bid Aimed At Delisting PitecoLimbo Srl, vehicle company of Dedagroup SpA, has announced a voluntary takeover bid aimed at delisting Piteco SpA. As part of the transaction, Limbo, Dedagroup and the other parties acting in concert with the bidder are assisted by Studio Legale Associato Shearman & Sterling with a team led by partner Emanuele Trucco and made up of associates Marco Barbi, Greta Dell'Anna and Michele Spinelli for the corporate and capital markets profiles, and by the partner Giulio Tognazzi and by the associate Alessandro Ciarmiello for the finance profiles. The fiscal aspects were instead followed by Studio Scozzi Dottori Commercialisti, with a team made up of the naming partner Maurizio Scozzi and senior manager Daniel Frizzera.분석 기사 • Apr 07PITECO (BIT:PITE) Has A Somewhat Strained Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...모든 업데이트 보기Recent updates공시 • Aug 12Piteco Announces Delisting of the Shares from 23 AugustPITECO S.p.A. (BIT:PITE) shares are preparing to leave Piazza Affari. “Borsa Italiana will order the revocation of the Piteco shares from listing in Euronext Milan with effect from 23 August 2022, subject to suspension of the share in the sessions of 19 and 22 August 2022”, reads a note from Limbo Srl which promoted a takeover bid on group led by Marco Podini. The bidder will hold a total of 19,935,078 Piteco shares, representing approximately 98.77% of the company’s share capital.공시 • Jun 22Limbo Srl acquired a 0.788624% stake in PITECO S.p.A. (BIT:PITE) for €1.7 million.Limbo Srl acquired 0.788624% stake in PITECO S.p.A. (BIT:PITE) for €1.7 million on June 20, 2022. Limbo Srl completed the acquisition of a 0.788624% stake in PITECO S.p.A. (BIT:PITE) on June 20, 2022.공시 • Jun 20Limbo Srl Announces a Voluntary Takeover Bid Aimed At Delisting PitecoLimbo Srl, vehicle company of Dedagroup SpA, has announced a voluntary takeover bid aimed at delisting Piteco SpA. As part of the transaction, Limbo, Dedagroup and the other parties acting in concert with the bidder are assisted by Studio Legale Associato Shearman & Sterling with a team led by partner Emanuele Trucco and made up of associates Marco Barbi, Greta Dell'Anna and Michele Spinelli for the corporate and capital markets profiles, and by the partner Giulio Tognazzi and by the associate Alessandro Ciarmiello for the finance profiles. The fiscal aspects were instead followed by Studio Scozzi Dottori Commercialisti, with a team made up of the naming partner Maurizio Scozzi and senior manager Daniel Frizzera.Valuation Update With 7 Day Price Move • Jun 16Investor sentiment improved over the past weekAfter last week's 20% share price gain to €11.05, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 18x in the Software industry in Italy. Total returns to shareholders of 123% over the past three years.Recent Insider Transactions • May 15Director recently bought €3.4m worth of stockOn the 12th of May, Maria Podini bought around 259k shares on-market at roughly €12.98 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €14m more in shares than they have sold in the last 12 months.Recent Insider Transactions • Apr 28Director recently bought €3.4m worth of stockOn the 22nd of April, Maria Podini bought around 259k shares on-market at roughly €12.95 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €7.7m more in shares than they have sold in the last 12 months.Board Change • Apr 27Less 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 not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Mauro Rossi was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Recent Insider Transactions • Apr 10Insider recently sold €64k worth of stockOn the 6th of April, Zanella Francesca sold around 7k shares on-market at roughly €9.02 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €994k more than they sold in the last 12 months.Reported Earnings • Mar 28Full year 2021 earnings: Revenues exceed analyst expectationsFull year 2021 results: Revenue: €38.8m (up 57% from FY 2020). Net income: €11.9m (up 67% from FY 2020). Profit margin: 31% (up from 29% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.6%. Over the next year, revenue is forecast to grow 3.5%, compared to a 31% growth forecast for the industry in Italy.Recent Insider Transactions • Jan 26Director recently bought €72k worth of stockOn the 21st of January, Maria Podini bought around 7k shares on-market at roughly €10.33 per share. In the last 3 months, there was an even bigger purchase from another insider worth €1.8m. Insiders have collectively bought €1.2m more in shares than they have sold in the last 12 months.Recent Insider Transactions • Dec 31Insider recently sold €1.8m worth of stockOn the 28th of December, Zanella Francesca sold around 166k shares on-market at roughly €11.05 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €473k more than they bought in the last 12 months.Recent Insider Transactions • Nov 28Chairman of the Board of Directors recently bought €50k worth of stockOn the 23rd of November, Marco Podini bought around 4k shares on-market at roughly €11.16 per share. In the last 3 months, there was an even bigger purchase from another insider worth €52k. Despite this recent buy, Marco has been a net seller over the last 12 months, reducing personal holdings by €392k.Recent Insider Transactions • Oct 06Insider recently bought €52k worth of stockOn the 1st of October, Zanella Francesca bought around 5k shares on-market at roughly €11.48 per share. In the last 3 months, they made an even bigger purchase worth €83k. Despite this recent purchase, insiders have collectively sold €995k more in shares than they bought in the last 12 months.Reported Earnings • Oct 03First half 2021 earnings releasedThe company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €17.9m (up 55% from 1H 2020). Net income: €10.2m (up 342% from 1H 2020). Profit margin: 57% (up from 20% in 1H 2020). The increase in margin was primarily driven by higher revenue.Valuation Update With 7 Day Price Move • Aug 31Investor sentiment improved over the past weekAfter last week's 18% share price gain to €12.00, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 31x in the Software industry in Italy. Total returns to shareholders of 179% over the past three years.Recent Insider Transactions • Aug 26Insider recently bought €83k worth of stockOn the 20th of August, Zanella Francesca bought around 9k shares on-market at roughly €9.73 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €1.2m more in shares than they bought in the last 12 months.분석 기사 • Jun 14PITECO S.p.A.'s (BIT:PITE) Intrinsic Value Is Potentially 48% Above Its Share PriceToday we will run through one way of estimating the intrinsic value of PITECO S.p.A. ( BIT:PITE ) by taking the...분석 기사 • Jun 01Here's Why I Think PITECO (BIT:PITE) Is An Interesting StockSome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...Upcoming Dividend • May 04Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 10 May 2021. Payment date: 12 May 2021. Trailing yield: 1.4%. Lower than top quartile of Italian dividend payers (3.9%). In line with average of industry peers (1.3%).분석 기사 • Apr 07PITECO (BIT:PITE) Has A Somewhat Strained Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Mar 27Full year 2020 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €24.9m (up 5.2% from FY 2019). Net income: €7.10m (up 135% from FY 2019). Profit margin: 28% (up from 13% in FY 2019). The increase in margin was primarily driven by lower expenses.분석 기사 • Mar 10Is PITECO S.p.A. (BIT:PITE) Expensive For A Reason? A Look At Its Intrinsic ValueToday we'll do a simple run through of a valuation method used to estimate the attractiveness of PITECO S.p.A...공시 • Feb 25PITECO S.p.A. (BIT:PITE) acquired an additional 10% stake in RAD Informatica S.r.l. for €5.2 million.PITECO S.p.A. (BIT:PITE) acquired an additional 10% stake in RAD Informatica S.r.l. for €5.2 million on February 24, 2021. PITECO S.p.A. paid €2.5 million at the closing and the remaining part of the price will be paid on June 30, 2021. The consideration is subject to a contractually defined price adjustment mechanism. As a result of the transaction, PITECO S.p.A. stake in RAD Informatica S.r.l. is increased from 70% to 80%. PITECO S.p.A. (BIT:PITE) completed the acquisition of an additional 10% stake in RAD Informatica S.r.l. on February 24, 2021.분석 기사 • Feb 20PITECO (BIT:PITE) Has Gifted Shareholders With A Fantastic 260% Total Return On Their InvestmentThe most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side, you...분석 기사 • Feb 02Are PITECO's (BIT:PITE) Statutory Earnings A Good Reflection Of Its Earnings Potential?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...Is New 90 Day High Low • Jan 27New 90-day high: €11.60The company is up 45% from its price of €8.00 on 29 October 2020. The Italian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.31 per share.Valuation Update With 7 Day Price Move • Jan 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to €11.20, the stock is trading at a trailing P/E ratio of 62.6x, up from the previous P/E ratio of 54.1x. This compares to an average P/E of 26x in the Software industry in Italy. Total returns to shareholders over the past three years are 137%.분석 기사 • Jan 18Should PITECO S.p.A. (BIT:PITE) Be Part Of Your Dividend Portfolio?Dividend paying stocks like PITECO S.p.A. ( BIT:PITE ) tend to be popular with investors, and for good reason - some...Is New 90 Day High Low • Jan 09New 90-day high: €9.60The company is up 22% from its price of €7.88 on 09 October 2020. The Italian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.21 per share.분석 기사 • Jan 01PITECO S.p.A.'s (BIT:PITE) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?Most readers would already be aware that PITECO's (BIT:PITE) stock increased significantly by 18% over the past three...Is New 90 Day High Low • Dec 22New 90-day high: €9.28The company is up 23% from its price of €7.52 on 22 September 2020. The Italian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.56 per share.분석 기사 • Dec 17What Is The Ownership Structure Like For PITECO S.p.A. (BIT:PITE)?The big shareholder groups in PITECO S.p.A. ( BIT:PITE ) have power over the company. Institutions often own shares in...분석 기사 • Dec 02PITECO S.p.A. (BIT:PITE) Shares Could Be 25% Above Their Intrinsic Value EstimateToday we'll do a simple run through of a valuation method used to estimate the attractiveness of PITECO S.p.A...Is New 90 Day High Low • Nov 11New 90-day high: €8.60The company is up 27% from its price of €6.78 on 13 August 2020. The Italian market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.09 per share.공시 • Oct 16PITECO S.p.A. (BIT:PITE) entered into a quota purchase agreement to acquire 70% stake in RAD Informatica S.r.l. ("RAD") from Rad Informatica Spa (“RAD Holding”) and Corrado Costa S.r.l. for €35 million.PITECO S.p.A. (BIT:PITE) entered into a quota purchase agreement to acquire 70% stake in RAD Informatica S.r.l. ("RAD") from Rad Informatica Spa (“RAD Holding”) and Corrado Costa S.r.l. for €35 million on October 15, 2020. The Purchase Price is subject to the usual adjustment mechanisms in line with the standards for similar transactions. PITECO acquired 8% stake in RAD from RAD Holding for €4 million on October 15, 2020. PITECO will acquire the remaining 62% stake will be done in second tranche. PITECO will acquire 62% stake in second tranche. Post completion of the transaction, RAD Holding and Corrado Costa will hold a stake equal to, respectively, 10% and 20% of the corporate capital of RAD. The quotaholders’ agreement includes a call and put option in connection with the remaining 30% of the corporate capital held by RAD Holding and Corrado Costa to be exercised in different time frames following the approval of the financial statements of RAD for the 2023, 2024 and 2025 financial years or if certain events, provided for under the option agreement, occur. The transaction will be financed through financing to be provided by a primary bank institution and maximum capital increase of €8 million. Piteco Spa has already received the preliminary availability of the existing shareholders Marco Podini, Maria Luisa Podini, Riccardo Veneziani, Paolo Virenti, Andrea Guillermaz and Dedagroup S.p.A. to participate to the subscription of the above capital increase. The transaction is subject to the fulfillment of the contractually agreed conditions precedent, including the provision of the financing. The second tranche acquisition will complete by end of November 2020. PricewaterhouseCoopers Advisory S.p.A. acted as financial advisor, Shearman & Sterling LLP, acted as legal advisor, Studio Spalla e Associati acted as tax advisor while Studio Legale Toffoletto De Luca Tamajo advised in connection with the labour law profiles to Piteco. Studio Artina acted as tax and financial advisor, Klecha & Co. acted as financial advisor, and Pedersoli Studio Legale acted as legal advisor to RAD Holding and Corrado Costa.Reported Earnings • Oct 03First half earnings releasedOver the last 12 months the company has reported total profits of €3.28m, down 36% from the prior year. Total revenue was €24.4m over the last 12 months, up 11% from the prior year.재무 상태 분석단기부채: PITE 의 단기 자산 ( €19.6M )은 단기 부채( €20.9M ).장기 부채: PITE의 단기 자산(€19.6M)이 장기 부채(€71.9M)를 충당하지 못합니다.부채/자본 비율 추이 및 분석부채 수준: PITE 의 순부채 대 자기자본 비율( 110.4% )은 높음으로 간주됩니다.부채 감소: PITE의 부채 대비 자본 비율은 지난 5년 동안 28.1%에서 125.9%로 증가했습니다.부채 범위: PITE 의 부채는 영업 현금 흐름 ( 22.1% )에 의해 잘 충당되었습니다.이자 보장: PITE 의 부채에 대한 이자 지급은 EBIT(7x 적용 범위)로 잘 충당됩니다.대차대조표건전한 기업 찾아보기7D1Y7D1Y7D1YSoftware 산업의 건실한 기업.View Dividend기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2022/08/23 00:25종가2022/08/19 00:00수익2021/12/31연간 수익2021/12/31데이터 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 소스PITECO 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 ArenaCFO SIM S.p.A.Sara WelfordEdison Investment Research
공시 • Aug 12Piteco Announces Delisting of the Shares from 23 AugustPITECO S.p.A. (BIT:PITE) shares are preparing to leave Piazza Affari. “Borsa Italiana will order the revocation of the Piteco shares from listing in Euronext Milan with effect from 23 August 2022, subject to suspension of the share in the sessions of 19 and 22 August 2022”, reads a note from Limbo Srl which promoted a takeover bid on group led by Marco Podini. The bidder will hold a total of 19,935,078 Piteco shares, representing approximately 98.77% of the company’s share capital.
공시 • Jun 20Limbo Srl Announces a Voluntary Takeover Bid Aimed At Delisting PitecoLimbo Srl, vehicle company of Dedagroup SpA, has announced a voluntary takeover bid aimed at delisting Piteco SpA. As part of the transaction, Limbo, Dedagroup and the other parties acting in concert with the bidder are assisted by Studio Legale Associato Shearman & Sterling with a team led by partner Emanuele Trucco and made up of associates Marco Barbi, Greta Dell'Anna and Michele Spinelli for the corporate and capital markets profiles, and by the partner Giulio Tognazzi and by the associate Alessandro Ciarmiello for the finance profiles. The fiscal aspects were instead followed by Studio Scozzi Dottori Commercialisti, with a team made up of the naming partner Maurizio Scozzi and senior manager Daniel Frizzera.
분석 기사 • Apr 07PITECO (BIT:PITE) Has A Somewhat Strained Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
공시 • Aug 12Piteco Announces Delisting of the Shares from 23 AugustPITECO S.p.A. (BIT:PITE) shares are preparing to leave Piazza Affari. “Borsa Italiana will order the revocation of the Piteco shares from listing in Euronext Milan with effect from 23 August 2022, subject to suspension of the share in the sessions of 19 and 22 August 2022”, reads a note from Limbo Srl which promoted a takeover bid on group led by Marco Podini. The bidder will hold a total of 19,935,078 Piteco shares, representing approximately 98.77% of the company’s share capital.
공시 • Jun 22Limbo Srl acquired a 0.788624% stake in PITECO S.p.A. (BIT:PITE) for €1.7 million.Limbo Srl acquired 0.788624% stake in PITECO S.p.A. (BIT:PITE) for €1.7 million on June 20, 2022. Limbo Srl completed the acquisition of a 0.788624% stake in PITECO S.p.A. (BIT:PITE) on June 20, 2022.
공시 • Jun 20Limbo Srl Announces a Voluntary Takeover Bid Aimed At Delisting PitecoLimbo Srl, vehicle company of Dedagroup SpA, has announced a voluntary takeover bid aimed at delisting Piteco SpA. As part of the transaction, Limbo, Dedagroup and the other parties acting in concert with the bidder are assisted by Studio Legale Associato Shearman & Sterling with a team led by partner Emanuele Trucco and made up of associates Marco Barbi, Greta Dell'Anna and Michele Spinelli for the corporate and capital markets profiles, and by the partner Giulio Tognazzi and by the associate Alessandro Ciarmiello for the finance profiles. The fiscal aspects were instead followed by Studio Scozzi Dottori Commercialisti, with a team made up of the naming partner Maurizio Scozzi and senior manager Daniel Frizzera.
Valuation Update With 7 Day Price Move • Jun 16Investor sentiment improved over the past weekAfter last week's 20% share price gain to €11.05, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 18x in the Software industry in Italy. Total returns to shareholders of 123% over the past three years.
Recent Insider Transactions • May 15Director recently bought €3.4m worth of stockOn the 12th of May, Maria Podini bought around 259k shares on-market at roughly €12.98 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €14m more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Apr 28Director recently bought €3.4m worth of stockOn the 22nd of April, Maria Podini bought around 259k shares on-market at roughly €12.95 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €7.7m more in shares than they have sold in the last 12 months.
Board Change • Apr 27Less 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 not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Mauro Rossi was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Recent Insider Transactions • Apr 10Insider recently sold €64k worth of stockOn the 6th of April, Zanella Francesca sold around 7k shares on-market at roughly €9.02 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €994k more than they sold in the last 12 months.
Reported Earnings • Mar 28Full year 2021 earnings: Revenues exceed analyst expectationsFull year 2021 results: Revenue: €38.8m (up 57% from FY 2020). Net income: €11.9m (up 67% from FY 2020). Profit margin: 31% (up from 29% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.6%. Over the next year, revenue is forecast to grow 3.5%, compared to a 31% growth forecast for the industry in Italy.
Recent Insider Transactions • Jan 26Director recently bought €72k worth of stockOn the 21st of January, Maria Podini bought around 7k shares on-market at roughly €10.33 per share. In the last 3 months, there was an even bigger purchase from another insider worth €1.8m. Insiders have collectively bought €1.2m more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Dec 31Insider recently sold €1.8m worth of stockOn the 28th of December, Zanella Francesca sold around 166k shares on-market at roughly €11.05 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €473k more than they bought in the last 12 months.
Recent Insider Transactions • Nov 28Chairman of the Board of Directors recently bought €50k worth of stockOn the 23rd of November, Marco Podini bought around 4k shares on-market at roughly €11.16 per share. In the last 3 months, there was an even bigger purchase from another insider worth €52k. Despite this recent buy, Marco has been a net seller over the last 12 months, reducing personal holdings by €392k.
Recent Insider Transactions • Oct 06Insider recently bought €52k worth of stockOn the 1st of October, Zanella Francesca bought around 5k shares on-market at roughly €11.48 per share. In the last 3 months, they made an even bigger purchase worth €83k. Despite this recent purchase, insiders have collectively sold €995k more in shares than they bought in the last 12 months.
Reported Earnings • Oct 03First half 2021 earnings releasedThe company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €17.9m (up 55% from 1H 2020). Net income: €10.2m (up 342% from 1H 2020). Profit margin: 57% (up from 20% in 1H 2020). The increase in margin was primarily driven by higher revenue.
Valuation Update With 7 Day Price Move • Aug 31Investor sentiment improved over the past weekAfter last week's 18% share price gain to €12.00, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 31x in the Software industry in Italy. Total returns to shareholders of 179% over the past three years.
Recent Insider Transactions • Aug 26Insider recently bought €83k worth of stockOn the 20th of August, Zanella Francesca bought around 9k shares on-market at roughly €9.73 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €1.2m more in shares than they bought in the last 12 months.
분석 기사 • Jun 14PITECO S.p.A.'s (BIT:PITE) Intrinsic Value Is Potentially 48% Above Its Share PriceToday we will run through one way of estimating the intrinsic value of PITECO S.p.A. ( BIT:PITE ) by taking the...
분석 기사 • Jun 01Here's Why I Think PITECO (BIT:PITE) Is An Interesting StockSome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Upcoming Dividend • May 04Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 10 May 2021. Payment date: 12 May 2021. Trailing yield: 1.4%. Lower than top quartile of Italian dividend payers (3.9%). In line with average of industry peers (1.3%).
분석 기사 • Apr 07PITECO (BIT:PITE) Has A Somewhat Strained Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Mar 27Full year 2020 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €24.9m (up 5.2% from FY 2019). Net income: €7.10m (up 135% from FY 2019). Profit margin: 28% (up from 13% in FY 2019). The increase in margin was primarily driven by lower expenses.
분석 기사 • Mar 10Is PITECO S.p.A. (BIT:PITE) Expensive For A Reason? A Look At Its Intrinsic ValueToday we'll do a simple run through of a valuation method used to estimate the attractiveness of PITECO S.p.A...
공시 • Feb 25PITECO S.p.A. (BIT:PITE) acquired an additional 10% stake in RAD Informatica S.r.l. for €5.2 million.PITECO S.p.A. (BIT:PITE) acquired an additional 10% stake in RAD Informatica S.r.l. for €5.2 million on February 24, 2021. PITECO S.p.A. paid €2.5 million at the closing and the remaining part of the price will be paid on June 30, 2021. The consideration is subject to a contractually defined price adjustment mechanism. As a result of the transaction, PITECO S.p.A. stake in RAD Informatica S.r.l. is increased from 70% to 80%. PITECO S.p.A. (BIT:PITE) completed the acquisition of an additional 10% stake in RAD Informatica S.r.l. on February 24, 2021.
분석 기사 • Feb 20PITECO (BIT:PITE) Has Gifted Shareholders With A Fantastic 260% Total Return On Their InvestmentThe most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side, you...
분석 기사 • Feb 02Are PITECO's (BIT:PITE) Statutory Earnings A Good Reflection Of Its Earnings Potential?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...
Is New 90 Day High Low • Jan 27New 90-day high: €11.60The company is up 45% from its price of €8.00 on 29 October 2020. The Italian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.31 per share.
Valuation Update With 7 Day Price Move • Jan 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to €11.20, the stock is trading at a trailing P/E ratio of 62.6x, up from the previous P/E ratio of 54.1x. This compares to an average P/E of 26x in the Software industry in Italy. Total returns to shareholders over the past three years are 137%.
분석 기사 • Jan 18Should PITECO S.p.A. (BIT:PITE) Be Part Of Your Dividend Portfolio?Dividend paying stocks like PITECO S.p.A. ( BIT:PITE ) tend to be popular with investors, and for good reason - some...
Is New 90 Day High Low • Jan 09New 90-day high: €9.60The company is up 22% from its price of €7.88 on 09 October 2020. The Italian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.21 per share.
분석 기사 • Jan 01PITECO S.p.A.'s (BIT:PITE) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?Most readers would already be aware that PITECO's (BIT:PITE) stock increased significantly by 18% over the past three...
Is New 90 Day High Low • Dec 22New 90-day high: €9.28The company is up 23% from its price of €7.52 on 22 September 2020. The Italian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.56 per share.
분석 기사 • Dec 17What Is The Ownership Structure Like For PITECO S.p.A. (BIT:PITE)?The big shareholder groups in PITECO S.p.A. ( BIT:PITE ) have power over the company. Institutions often own shares in...
분석 기사 • Dec 02PITECO S.p.A. (BIT:PITE) Shares Could Be 25% Above Their Intrinsic Value EstimateToday we'll do a simple run through of a valuation method used to estimate the attractiveness of PITECO S.p.A...
Is New 90 Day High Low • Nov 11New 90-day high: €8.60The company is up 27% from its price of €6.78 on 13 August 2020. The Italian market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.09 per share.
공시 • Oct 16PITECO S.p.A. (BIT:PITE) entered into a quota purchase agreement to acquire 70% stake in RAD Informatica S.r.l. ("RAD") from Rad Informatica Spa (“RAD Holding”) and Corrado Costa S.r.l. for €35 million.PITECO S.p.A. (BIT:PITE) entered into a quota purchase agreement to acquire 70% stake in RAD Informatica S.r.l. ("RAD") from Rad Informatica Spa (“RAD Holding”) and Corrado Costa S.r.l. for €35 million on October 15, 2020. The Purchase Price is subject to the usual adjustment mechanisms in line with the standards for similar transactions. PITECO acquired 8% stake in RAD from RAD Holding for €4 million on October 15, 2020. PITECO will acquire the remaining 62% stake will be done in second tranche. PITECO will acquire 62% stake in second tranche. Post completion of the transaction, RAD Holding and Corrado Costa will hold a stake equal to, respectively, 10% and 20% of the corporate capital of RAD. The quotaholders’ agreement includes a call and put option in connection with the remaining 30% of the corporate capital held by RAD Holding and Corrado Costa to be exercised in different time frames following the approval of the financial statements of RAD for the 2023, 2024 and 2025 financial years or if certain events, provided for under the option agreement, occur. The transaction will be financed through financing to be provided by a primary bank institution and maximum capital increase of €8 million. Piteco Spa has already received the preliminary availability of the existing shareholders Marco Podini, Maria Luisa Podini, Riccardo Veneziani, Paolo Virenti, Andrea Guillermaz and Dedagroup S.p.A. to participate to the subscription of the above capital increase. The transaction is subject to the fulfillment of the contractually agreed conditions precedent, including the provision of the financing. The second tranche acquisition will complete by end of November 2020. PricewaterhouseCoopers Advisory S.p.A. acted as financial advisor, Shearman & Sterling LLP, acted as legal advisor, Studio Spalla e Associati acted as tax advisor while Studio Legale Toffoletto De Luca Tamajo advised in connection with the labour law profiles to Piteco. Studio Artina acted as tax and financial advisor, Klecha & Co. acted as financial advisor, and Pedersoli Studio Legale acted as legal advisor to RAD Holding and Corrado Costa.
Reported Earnings • Oct 03First half earnings releasedOver the last 12 months the company has reported total profits of €3.28m, down 36% from the prior year. Total revenue was €24.4m over the last 12 months, up 11% from the prior year.