View ValuationFranchetti 향후 성장Future 기준 점검 2/6Franchetti의 수익이 증가할 것으로 예상됨입니다.핵심 정보n/a이익 성장률n/aEPS 성장률Infrastructure 이익 성장6.4%매출 성장률28.8%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트27 Apr 2026최근 향후 성장 업데이트Price Target Changed • Oct 29Price target decreased by 12% to €9.40Down from €10.70, the current price target is provided by 1 analyst. New target price is 79% above last closing price of €5.25. Stock is down 24% over the past year. The company posted earnings per share of €0.17 last year.Price Target Changed • Oct 15Price target increased by 39% to €10.00Up from €7.20, the current price target is provided by 1 analyst. New target price is 47% above last closing price of €6.80. Stock is up 93% over the past year. The company posted earnings per share of €0.18 last year.Price Target Changed • Apr 03Price target increased by 10% to €7.70Up from €7.00, the current price target is provided by 1 analyst. New target price is 32% above last closing price of €5.85. Stock is up 110% over the past year.모든 업데이트 보기Recent updatesNew Risk • May 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 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (45% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (11% net profit margin). Market cap is less than US$100m (€53.5m market cap, or US$62.6m).공지 • Apr 16Franchetti S.p.A., Annual General Meeting, Apr 30, 2026Franchetti S.p.A., Annual General Meeting, Apr 30, 2026, at 11:30 W. Europe Standard Time.분석 기사 • Apr 10Franchetti's (BIT:FCH) Weak Earnings May Only Reveal A Part Of The Whole PictureThe subdued market reaction suggests that Franchetti S.p.A.'s ( BIT:FCH ) recent earnings didn't contain any surprises...New Risk • Apr 06New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 26% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (43% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (11% net profit margin). Market cap is less than US$100m (€56.6m market cap, or US$65.3m).공지 • Apr 01Franchetti S.p.A. announces Annual dividend, payable on July 01, 2026Franchetti S.p.A. announced Annual dividend of EUR 0.0400 per share payable on July 01, 2026, ex-date on June 29, 2026 and record date on June 30, 2026.Valuation Update With 7 Day Price Move • Mar 10Investor sentiment improves as stock rises 30%After last week's 30% share price gain to €6.50, the stock trades at a trailing P/E ratio of 42.2x. Average forward P/E is 17x in the Infrastructure industry in Italy. Total returns to shareholders of 127% over the past three years.New Risk • Mar 04New 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: Major Risk High level of non-cash earnings (55% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Market cap is less than US$100m (€50.7m market cap, or US$59.1m).New Risk • Nov 29New 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 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (55% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Market cap is less than US$100m (€40.4m market cap, or US$46.9m).Price Target Changed • Oct 29Price target decreased by 12% to €9.40Down from €10.70, the current price target is provided by 1 analyst. New target price is 79% above last closing price of €5.25. Stock is down 24% over the past year. The company posted earnings per share of €0.17 last year.분석 기사 • Oct 06Franchetti's (BIT:FCH) Earnings Quality Is LowFranchetti S.p.A. ( BIT:FCH ) recently posted soft earnings but shareholders didn't react strongly. We did some...Reported Earnings • Apr 01Full year 2024 earnings releasedFull year 2024 results: Revenue: €5.80m (down 7.2% from FY 2023). Net income: €1.50m (up 21% from FY 2023). Profit margin: 26% (up from 20% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Infrastructure industry in Europe.공지 • Mar 25Franchetti S.p.A. has filed a Follow-on Equity Offering in the amount of €3.999 million.Franchetti S.p.A. has filed a Follow-on Equity Offering in the amount of €3.999 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 453,500 Price\Range: €6.2 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 191,500 Price\Range: €6.2 Transaction Features: Subsequent Direct ListingValuation Update With 7 Day Price Move • Jan 31Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €7.70, the stock trades at a trailing P/E ratio of 41.5x. Average forward P/E is 15x in the Infrastructure industry in Italy. Total returns to shareholders of 79% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €5.64 per share.Buy Or Sell Opportunity • Jan 29Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 3.6% to €7.15. The fair value is estimated to be €5.65, however this is not to be taken as a sell recommendation but rather should be used as a guide only.Buy Or Sell Opportunity • Jan 02Now 21% overvaluedOver the last 90 days, the stock has fallen 6.0% to €7.05. The fair value is estimated to be €5.81, however this is not to be taken as a sell recommendation but rather should be used as a guide only.Buy Or Sell Opportunity • Nov 05Now 22% overvaluedOver the last 90 days, the stock has fallen 6.1% to €6.95. The fair value is estimated to be €5.71, however this is not to be taken as a sell recommendation but rather should be used as a guide only.Buy Or Sell Opportunity • Oct 15Now 18% overvaluedOver the last 90 days, the stock has fallen 5.6% to €6.80. The fair value is estimated to be €5.76, however this is not to be taken as a sell recommendation but rather should be used as a guide only.Price Target Changed • Oct 15Price target increased by 39% to €10.00Up from €7.20, the current price target is provided by 1 analyst. New target price is 47% above last closing price of €6.80. Stock is up 93% over the past year. The company posted earnings per share of €0.18 last year.New Risk • Oct 06New major risk - Revenue and earnings growthRevenue has declined by 0.1% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue 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 Risks Revenue has declined by 0.1% over the past year. High level of non-cash earnings (51% accrual ratio). Minor Risks Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (€60.1m market cap, or US$65.9m).Valuation Update With 7 Day Price Move • Jul 02Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €7.55, the stock trades at a trailing P/E ratio of 42.5x. Average forward P/E is 14x in the Infrastructure industry in Italy. Total returns to shareholders of 91% over the past year.분석 기사 • Apr 22Franchetti's (BIT:FCH) Profits Appear To Have Quality IssuesFranchetti S.p.A.'s ( BIT:FCH ) healthy profit numbers didn't contain any surprises for investors. We think this is due...Price Target Changed • Apr 03Price target increased by 10% to €7.70Up from €7.00, the current price target is provided by 1 analyst. New target price is 32% above last closing price of €5.85. Stock is up 110% over the past year.New Risk • Apr 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (79% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (6.0% average weekly change). Shareholders have been diluted in the past year (2.3% increase in shares outstanding). Market cap is less than US$100m (€39.7m market cap, or US$42.8m).Buy Or Sell Opportunity • Mar 26Now 20% undervaluedOver the last 90 days, the stock has risen 38% to €5.60. The fair value is estimated to be €7.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only.Buy Or Sell Opportunity • Feb 22Now 20% undervaluedOver the last 90 days, the stock has risen 64% to €5.68. The fair value is estimated to be €7.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only.Buy Or Sell Opportunity • Feb 13Now 20% undervaluedOver the last 90 days, the stock has risen 56% to €5.58. The fair value is estimated to be €6.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only.Valuation Update With 7 Day Price Move • Feb 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €4.84, the stock trades at a trailing P/E ratio of 27.7x. Average forward P/E is 16x in the Infrastructure industry in Italy. Total returns to shareholders of 54% over the past year.New Risk • Jan 25New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (79% accrual ratio). Minor Risks Shareholders have been diluted in the past year (2.3% increase in shares outstanding). Market cap is less than US$100m (€30.8m market cap, or US$33.5m).Valuation Update With 7 Day Price Move • Dec 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €4.17, the stock trades at a trailing P/E ratio of 23.3x. Average forward P/E is 16x in the Infrastructure industry in Italy. Total returns to shareholders of 25% over the past year.분석 기사 • Sep 22Franchetti's (BIT:FCH) Earnings Are Of Questionable QualityInvestors were disappointed with Franchetti S.p.A.'s ( BIT:FCH ) earnings, despite the strong profit numbers. We think...New Risk • Sep 22New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 79% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (79% accrual ratio). Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (5.1% average weekly change). Market cap is less than US$100m (€25.3m market cap, or US$27.0m).Reported Earnings • Sep 15First half 2023 earnings releasedFirst half 2023 results: Revenue: €2.34m (up 59% from 1H 2022). Net income: €171.3k (up 15% from 1H 2022). Profit margin: 7.3% (down from 10% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Construction industry in Italy.Valuation Update With 7 Day Price Move • Aug 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €4.04, the stock trades at a trailing P/E ratio of 23x. Average forward P/E is 12x in the Construction industry in Italy.Valuation Update With 7 Day Price Move • May 25Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €3.70, the stock trades at a trailing P/E ratio of 21.1x. Average trailing P/E is 16x in the Construction industry in Italy.공지 • May 11Franchetti S.p.A. (BIT:FCH) acquired 67% stake in GalloTechnics Srl.Franchetti S.p.A. (BIT:FCH) acquired 67% stake in GalloTechnics Srl on May 10, 2023.Franchetti S.p.A. (BIT:FCH) completed the acquisition of 67% stake in GalloTechnics Srl on May 10, 2023.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Stefano Granati was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.이익 및 매출 성장 예측BIT:FCH - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202826N/A37112/31/202723N/A37112/31/202620N/A-8-1112/31/202581-7-3N/A9/30/202571N/AN/AN/A6/30/202561-61N/A3/31/202561-50N/A12/31/202462-50N/A9/30/202462N/AN/AN/A6/30/202462-20N/A3/31/202461-20N/A12/31/202361-10N/A9/30/202361N/AN/AN/A6/30/202361-20N/A3/31/202351-20N/A12/31/202251-20N/A9/30/202251N/AN/AN/A6/30/202241N/AN/AN/A3/31/202241N/AN/AN/A12/31/20214100N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: FCH 의 예상 수익 증가율이 절약률(3.3%)보다 높은지 판단하기에는 데이터가 부족합니다.수익 vs 시장: FCH 의 수익이 Italian 시장보다 빠르게 성장할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.고성장 수익: FCH 의 수익이 향후 3년 동안 상당히 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.수익 대 시장: FCH 의 수익(연간 28.8%)이 Italian 시장(연간 5.6%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: FCH 의 수익(연간 28.8%)은 연간 20%보다 빠르게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: FCH의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YTransportation 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/08 10:56종가2026/05/08 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Franchetti 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.분석가기관Cosmin FilkerGBC AGMattia PetraccaIntegrae SPA
Price Target Changed • Oct 29Price target decreased by 12% to €9.40Down from €10.70, the current price target is provided by 1 analyst. New target price is 79% above last closing price of €5.25. Stock is down 24% over the past year. The company posted earnings per share of €0.17 last year.
Price Target Changed • Oct 15Price target increased by 39% to €10.00Up from €7.20, the current price target is provided by 1 analyst. New target price is 47% above last closing price of €6.80. Stock is up 93% over the past year. The company posted earnings per share of €0.18 last year.
Price Target Changed • Apr 03Price target increased by 10% to €7.70Up from €7.00, the current price target is provided by 1 analyst. New target price is 32% above last closing price of €5.85. Stock is up 110% over the past year.
New Risk • May 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 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (45% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (11% net profit margin). Market cap is less than US$100m (€53.5m market cap, or US$62.6m).
공지 • Apr 16Franchetti S.p.A., Annual General Meeting, Apr 30, 2026Franchetti S.p.A., Annual General Meeting, Apr 30, 2026, at 11:30 W. Europe Standard Time.
분석 기사 • Apr 10Franchetti's (BIT:FCH) Weak Earnings May Only Reveal A Part Of The Whole PictureThe subdued market reaction suggests that Franchetti S.p.A.'s ( BIT:FCH ) recent earnings didn't contain any surprises...
New Risk • Apr 06New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 26% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (43% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (11% net profit margin). Market cap is less than US$100m (€56.6m market cap, or US$65.3m).
공지 • Apr 01Franchetti S.p.A. announces Annual dividend, payable on July 01, 2026Franchetti S.p.A. announced Annual dividend of EUR 0.0400 per share payable on July 01, 2026, ex-date on June 29, 2026 and record date on June 30, 2026.
Valuation Update With 7 Day Price Move • Mar 10Investor sentiment improves as stock rises 30%After last week's 30% share price gain to €6.50, the stock trades at a trailing P/E ratio of 42.2x. Average forward P/E is 17x in the Infrastructure industry in Italy. Total returns to shareholders of 127% over the past three years.
New Risk • Mar 04New 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: Major Risk High level of non-cash earnings (55% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Market cap is less than US$100m (€50.7m market cap, or US$59.1m).
New Risk • Nov 29New 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 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (55% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Market cap is less than US$100m (€40.4m market cap, or US$46.9m).
Price Target Changed • Oct 29Price target decreased by 12% to €9.40Down from €10.70, the current price target is provided by 1 analyst. New target price is 79% above last closing price of €5.25. Stock is down 24% over the past year. The company posted earnings per share of €0.17 last year.
분석 기사 • Oct 06Franchetti's (BIT:FCH) Earnings Quality Is LowFranchetti S.p.A. ( BIT:FCH ) recently posted soft earnings but shareholders didn't react strongly. We did some...
Reported Earnings • Apr 01Full year 2024 earnings releasedFull year 2024 results: Revenue: €5.80m (down 7.2% from FY 2023). Net income: €1.50m (up 21% from FY 2023). Profit margin: 26% (up from 20% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Infrastructure industry in Europe.
공지 • Mar 25Franchetti S.p.A. has filed a Follow-on Equity Offering in the amount of €3.999 million.Franchetti S.p.A. has filed a Follow-on Equity Offering in the amount of €3.999 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 453,500 Price\Range: €6.2 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 191,500 Price\Range: €6.2 Transaction Features: Subsequent Direct Listing
Valuation Update With 7 Day Price Move • Jan 31Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €7.70, the stock trades at a trailing P/E ratio of 41.5x. Average forward P/E is 15x in the Infrastructure industry in Italy. Total returns to shareholders of 79% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €5.64 per share.
Buy Or Sell Opportunity • Jan 29Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 3.6% to €7.15. The fair value is estimated to be €5.65, however this is not to be taken as a sell recommendation but rather should be used as a guide only.
Buy Or Sell Opportunity • Jan 02Now 21% overvaluedOver the last 90 days, the stock has fallen 6.0% to €7.05. The fair value is estimated to be €5.81, however this is not to be taken as a sell recommendation but rather should be used as a guide only.
Buy Or Sell Opportunity • Nov 05Now 22% overvaluedOver the last 90 days, the stock has fallen 6.1% to €6.95. The fair value is estimated to be €5.71, however this is not to be taken as a sell recommendation but rather should be used as a guide only.
Buy Or Sell Opportunity • Oct 15Now 18% overvaluedOver the last 90 days, the stock has fallen 5.6% to €6.80. The fair value is estimated to be €5.76, however this is not to be taken as a sell recommendation but rather should be used as a guide only.
Price Target Changed • Oct 15Price target increased by 39% to €10.00Up from €7.20, the current price target is provided by 1 analyst. New target price is 47% above last closing price of €6.80. Stock is up 93% over the past year. The company posted earnings per share of €0.18 last year.
New Risk • Oct 06New major risk - Revenue and earnings growthRevenue has declined by 0.1% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue 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 Risks Revenue has declined by 0.1% over the past year. High level of non-cash earnings (51% accrual ratio). Minor Risks Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (€60.1m market cap, or US$65.9m).
Valuation Update With 7 Day Price Move • Jul 02Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €7.55, the stock trades at a trailing P/E ratio of 42.5x. Average forward P/E is 14x in the Infrastructure industry in Italy. Total returns to shareholders of 91% over the past year.
분석 기사 • Apr 22Franchetti's (BIT:FCH) Profits Appear To Have Quality IssuesFranchetti S.p.A.'s ( BIT:FCH ) healthy profit numbers didn't contain any surprises for investors. We think this is due...
Price Target Changed • Apr 03Price target increased by 10% to €7.70Up from €7.00, the current price target is provided by 1 analyst. New target price is 32% above last closing price of €5.85. Stock is up 110% over the past year.
New Risk • Apr 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (79% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (6.0% average weekly change). Shareholders have been diluted in the past year (2.3% increase in shares outstanding). Market cap is less than US$100m (€39.7m market cap, or US$42.8m).
Buy Or Sell Opportunity • Mar 26Now 20% undervaluedOver the last 90 days, the stock has risen 38% to €5.60. The fair value is estimated to be €7.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
Buy Or Sell Opportunity • Feb 22Now 20% undervaluedOver the last 90 days, the stock has risen 64% to €5.68. The fair value is estimated to be €7.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
Buy Or Sell Opportunity • Feb 13Now 20% undervaluedOver the last 90 days, the stock has risen 56% to €5.58. The fair value is estimated to be €6.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €4.84, the stock trades at a trailing P/E ratio of 27.7x. Average forward P/E is 16x in the Infrastructure industry in Italy. Total returns to shareholders of 54% over the past year.
New Risk • Jan 25New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (79% accrual ratio). Minor Risks Shareholders have been diluted in the past year (2.3% increase in shares outstanding). Market cap is less than US$100m (€30.8m market cap, or US$33.5m).
Valuation Update With 7 Day Price Move • Dec 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €4.17, the stock trades at a trailing P/E ratio of 23.3x. Average forward P/E is 16x in the Infrastructure industry in Italy. Total returns to shareholders of 25% over the past year.
분석 기사 • Sep 22Franchetti's (BIT:FCH) Earnings Are Of Questionable QualityInvestors were disappointed with Franchetti S.p.A.'s ( BIT:FCH ) earnings, despite the strong profit numbers. We think...
New Risk • Sep 22New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 79% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (79% accrual ratio). Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (5.1% average weekly change). Market cap is less than US$100m (€25.3m market cap, or US$27.0m).
Reported Earnings • Sep 15First half 2023 earnings releasedFirst half 2023 results: Revenue: €2.34m (up 59% from 1H 2022). Net income: €171.3k (up 15% from 1H 2022). Profit margin: 7.3% (down from 10% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Construction industry in Italy.
Valuation Update With 7 Day Price Move • Aug 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €4.04, the stock trades at a trailing P/E ratio of 23x. Average forward P/E is 12x in the Construction industry in Italy.
Valuation Update With 7 Day Price Move • May 25Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €3.70, the stock trades at a trailing P/E ratio of 21.1x. Average trailing P/E is 16x in the Construction industry in Italy.
공지 • May 11Franchetti S.p.A. (BIT:FCH) acquired 67% stake in GalloTechnics Srl.Franchetti S.p.A. (BIT:FCH) acquired 67% stake in GalloTechnics Srl on May 10, 2023.Franchetti S.p.A. (BIT:FCH) completed the acquisition of 67% stake in GalloTechnics Srl on May 10, 2023.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Stefano Granati was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.