Natuzzi S.p.A.

NYSE:NTZ 주식 리포트

시가총액: US$31.2m

Natuzzi 향후 성장

Future 기준 점검 0/6

현재 Natuzzi 의 성장과 수익을 예측할 만큼 분석가의 범위가 충분하지 않습니다.

핵심 정보

n/a

이익 성장률

n/a

EPS 성장률

Consumer Durables 이익 성장7.7%
매출 성장률n/a
향후 자기자본이익률n/a
애널리스트 커버리지

None

마지막 업데이트n/a

최근 향후 성장 업데이트

Recent updates

분석 기사 • Dec 22

Is Natuzzi (NYSE:NTZ) Weighed On By Its Debt Load?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
분석 기사 • Sep 08

Natuzzi S.p.A. (NYSE:NTZ) Held Back By Insufficient Growth Even After Shares Climb 30%

Natuzzi S.p.A. ( NYSE:NTZ ) shareholders are no doubt pleased to see that the share price has bounced 30% in the last...
분석 기사 • Sep 05

Is Natuzzi (NYSE:NTZ) In A Good Position To Deliver On Growth Plans?

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
분석 기사 • Jun 30

Does Natuzzi (NYSE:NTZ) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
분석 기사 • May 05

Some Confidence Is Lacking In Natuzzi S.p.A.'s (NYSE:NTZ) P/S

There wouldn't be many who think Natuzzi S.p.A.'s ( NYSE:NTZ ) price-to-sales (or "P/S") ratio of 0.1x is worth a...
분석 기사 • Jan 24

Benign Growth For Natuzzi S.p.A. (NYSE:NTZ) Underpins Its Share Price

When close to half the companies operating in the Consumer Durables industry in the United States have price-to-sales...
분석 기사 • Sep 14

Investors Aren't Buying Natuzzi S.p.A.'s (NYSE:NTZ) Revenues

When close to half the companies operating in the Consumer Durables industry in the United States have price-to-sales...
분석 기사 • May 09

There's No Escaping Natuzzi S.p.A.'s (NYSE:NTZ) Muted Revenues

When close to half the companies operating in the Consumer Durables industry in the United States have price-to-sales...
Seeking Alpha • Jun 19

Natuzzi: All The Chickens Coming Home To Roost

Summary There is a risk of postponing Natuzzi's strategic plan and necessary investments. We do not like companies that rely on Government financial support. Q1 decline was very pronounced, and the company will suffer from FX and higher rates evolution. We are still neutral. Read the full article on Seeking Alpha
분석 기사 • Mar 03

Natuzzi's (NYSE:NTZ) Returns On Capital Are Heading Higher

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Seeking Alpha • Dec 28

Natuzzi: We Are Still On Hold

Summary Despite the positive Q3 results, we are still forecasting a slowdown in sales. The company's operating leverage might suffer due to the higher energy costs & raw material inflationary pressure. Regulators might support a new photovoltaic plant and new redundancies to streamline Natuzzi costs. Wait and see approach, reiterating our neutral rating. Last time, in our Natuzzi (NTZ) initiation of coverage, we concluded that the company was trading at a very depressed valuation; however, we were not optimistic about the company's future. Currently, we would not follow the same mistake as we did in our Clearwater Paper Corporation publication, and we do believe that Natuzzi, over a twelve-month time horizon, will face profitability pressure and most likely will deliver negative results. So, today, we can conclude that we were right and wrong about Natuzzi. On the one hand, the company is up by more than 50% at the stock price level, on the other hand, Natuzzi is disclosing a few of our negative downside note (Fig 2) in the company's latest investor presentation (Fig 1). Natuzzi current weaknesses Source: Natuzzi Investor Presentation November 2022 (Fig 1) Mare Evidence Lab's previous publication Fig 2 In the meantime, Natuzzi reported its 3Q 2022 numbers. Very briefly, the company delivered consolidated top-line sales of €116.6 million and there was an increase both compared to Q3 2021 and to the pre-COVID-19 level by 14.5% and 32.4% respectively. Gross margin followed the same positive trajectory, Q3 gross margin reached 37.7% versus the 36.0% achieved one year ago. This was due to better operating leverage, favorable FX, better sales MIX, and more efficiency in the manufacturing processes. At the nine-month aggregate, Natuzzi released an EBIT profit of €6.7 million, a result that was higher than the 2021 accounts which also positively benefitted from €4.2 million of temporary public measures savings from COVID- 19 related funds. 2021 accounts were impacted by disposal which generated a positive one-off for a total consideration of €4.8 million. In the third quarter alone, revenues reached $116.6 million and a profit €5.9 million compared to a loss of €3.3 million. Despite that, we shared some high-level comments with the CEO. Indeed, Natuzzi's top management is also concerned about the company's future. Looking at the Q3 press release, the CEO said: Natuzzi continues to improve its operating model, as shown by the Ebit result of this quarter. However, the business environment for the whole economy and specifically for our industry remains challenging. The high inflation is reducing the disposable income of our consumers. This, together with a perduring uncertainty on the geopolitical and economic outlook, is leading consumers to postpone their decision to buy furniture.
Seeking Alpha • Dec 07

Natuzzi brings Salvatore Ferragamo veteran for top finance job

High-end furniture maker Natuzzi (NYSE:NTZ) said Wednesday that Carlo Silvestri will become the next chief financial officer of the group. Silvestri, who brings over 20 years of experience in finance and important luxury brands, will report to CEO Antonio Achille. Before joining Natuzzi, Silvestri worked as CFO for Salvatore Ferragamo Asia, Hong Kong. He also worked for Dolce & Gabbana and at Pirelli, prior to that.
Seeking Alpha • Oct 14

Natuzzi: A Pass For Now

Summary Downside risks are equally important to consider. A low margin business that will face energy price increases. Natuzzi is trading at a depressed valuation for a reason. Neutral rating. For the first time, we decide to cover an Italian leading furniture player called Natuzzi S.p.A. (NTZ), the only non-American company in the "furniture" sector, listed on Wall Street since 1993. The Natuzzi group was born in 1959 under the creation and guidance of Pasquale Natuzzi, who transformed a small company into an industrial group operating on a global level. The first successes are due to the company's ability to invent sofas and to its export-oriented attitude. Already in 1977, Natuzzi participated in the Cologne international furniture, having the opportunity to exhibit only one sofa. The first contact was made and then the company set up a full distribution chain all over Europe, followed later on by the start of sales in Canada and the United States. Vertical integration upstream began in 1986 to reduce costs, and thanking the entire production cycle direct control which achieved higher levels of productivity and efficiency. With the direct production of semi-finished products and the creation of new production units, an integrated industrial group was established. 1995 marked the first year of collaboration with IKEA, Natuzzi became an important supplier of the Swedish distribution chain, which was rapidly expanding all over the world with a preference in supply for highly internationalized global producers. For the highly export-oriented as well as upholstered furniture sector, in 2002 there was a slight contraction in exports. The opening to foreign markets was the key factor in the success of the company but it proved to be a constraint. In recent years, the difficult Italian economic landscape and new strategies have affected the corporate governance structures. In addition to the growing managerial internationalization, which has become necessary for foreign production plants and subsidiary commercial companies, these factors have further complicated the Natuzzi structure. Speaking of numbers, the Natuzzi Group is now the largest Italian company in the furniture sector and is the most well-known brand among furniture goods. The Group controls 92% of raw materials and semi-finished products from the procurement to the process transformation of leathers, wooden, or metal load-bearing structures. The production is horizontally integrated across production plans located in Italy, China, Russia and Romania and takes advantage of the experience of professional craftsmen and know-how. The processing of materials and production takes place exclusively in Italian factories. Indeed, all the models are born in the Natuzzi Style Center located in Santeramo in Colle, where Pasquale Natuzzi personally coordinates a team of 120 creatives including designers, architects, colour experts, craftsmen, engineers, and interior decorators. Of the 6000 sketches produced each year, only 120 arrive at the final verification. Furniture brand awareness Source: Natuzzi Investor Presentation The Group closed the 2021 fiscal year at €427 million, with top-line sales up by more than 30% and a positive EBITDA that reached €10 million after a few years of remaining in the negative area. Natuzzi's new business plan In the new business plan for the period 2022-2026, the Natuzzi group laid the foundations for the relaunch of the company, sharing them with the Italian trade unions and the Ministry of Economic Development. There is a plan with 2 options. The former contains 512 redundancies, production over three shifts, and only three plants. The other option, which is gaining momentum, involves the reopening of the Ginosa plant, with production in 5 plants and a whole series of measures to minimize redundancies. Even the Unions agree that with the latest business plan, the company will no longer use the social safety needs provided by the Italian government.
Seeking Alpha • Sep 30

Natuzzi S.p.A. GAAP EPS of -$0.02, revenue of $116.9M

Natuzzi S.p.A. press release (NYSE:NTZ): Q4 GAAP EPS of -$0.02. Revenue of $116.9M (+7.8% Y/Y). Cash of €59.8 million as of June 30, 2022, compared to €53.5 million as of December 31, 2021, and €39.8 million as of December 31, 2019
분석 기사 • Sep 16

Natuzzi's (NYSE:NTZ) Returns Have Hit A Wall

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Seeking Alpha • Jul 05

Natuzzi shareholders approve a new stock option plan

Natuzzi S.p.A (NYSE:NTZ) approved a new stock option plan for the group’s personnel at an extraordinary shareholders’ meeting of the company held on July 1, 2022. The company have authorized the Board of Directors to carry out, in one or more tranches, the capital increase without preemptive rights that will be necessary to issue ordinary shares of the company to employees under the Plan.
분석 기사 • Jun 07

Returns On Capital At Natuzzi (NYSE:NTZ) Have Hit The Brakes

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
분석 기사 • Feb 18

Returns At Natuzzi (NYSE:NTZ) Are On The Way Up

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Seeking Alpha • Nov 29

Natuzzi: Q3 Update And The Coiled Spring

Fair value is over four times the current price. Written order growth continues to accelerate. EBITDA earnings power for the current business is $6/share and NTZ has a long runway to grow its vertically integrated and high ROIC US DOS, which have 75% gross margins.
Seeking Alpha • Oct 20

Natuzzi: Good Momentum, Looming Risks

Natuzzi posted remarkable results for its first half of the year. However, the numbers were boosted by some favorable trends in the furniture market, which are unlikely to be permanent. Despite that, adjusted profits are still close to zero and the growth is already losing steam.
Seeking Alpha • Oct 01

Natuzzi: Luxury Giant At A Deep Value Price

Recently the highest recognized luxury furniture brand globally, NTZ, is now led by a CEO with skin in the game, low-hanging fruit, and the right vision/strategy. NTZ has a hidden asset in its 49% interest in the Kuka JV, which is worth more than the year-end EV, and NTZ has said they will explore value maximization. We believe the stock is worth at least $64.50 next year once the market recognizes what is shaping up at NTZ.
분석 기사 • Feb 09

Natuzzi's (NYSE:NTZ) Wonderful 641% Share Price Increase Shows How Capitalism Can Build Wealth

While some are satisfied with an index fund, active investors aim to find truly magnificent investments on the stock...
분석 기사 • Jan 05

Companies Like Natuzzi (NYSE:NTZ) Can Afford To Invest In Growth

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, Natuzzi ( NYSE:NTZ...
분석 기사 • Dec 01

What You Need To Know About Natuzzi S.p.A.'s (NYSE:NTZ) Investor Composition

If you want to know who really controls Natuzzi S.p.A. (NYSE:NTZ), then you'll have to look at the makeup of its share...

이 섹션에서는 일반적으로 전문 애널리스트들의 컨센서스 추정치를 기반으로 매출 및 이익 성장 전망을 제시하여 투자자들이 회사의 수익 창출 능력을 이해하도록 돕습니다. 그러나 Natuzzi는 과거 데이터가 충분하지 않고 애널리스트 예측도 없어, 과거 데이터를 단순히 외삽하거나 애널리스트 전망을 사용하여 향후 이익을 신뢰할 수 있게 계산할 수 없습니다.

Simply Wall St가 다루는 기업 중 97%는 과거 재무 데이터를 보유하고 있기 때문에, 이는 상당히 드문 상황입니다.

이익 및 매출 성장 예측

NYSE:NTZ - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)
날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수
9/30/2025306-19-61N/A
6/30/2025306-21-5-2N/A
3/31/2025312-18-42N/A
12/31/2024319-15-52N/A
9/30/2024328-22-7-6N/A
6/30/2024328-17-71N/A
3/31/2024327-14-73N/A
12/31/2023329-16-93N/A
9/30/2023361-12317N/A
6/30/2023403-4-210N/A
3/31/2023436-5717N/A
12/31/2022468-1919N/A
9/30/20224687413N/A
6/30/2022453-2917N/A
3/31/2022444-2-17N/A
12/31/20214274-41N/A
9/30/2021412-2-42N/A
6/30/2021394-2-6-2N/A
3/31/2021347-11-30N/A
12/31/2020328-25912N/A
9/30/2020329-27-32N/A
6/30/2020333-35510N/A
3/31/2020363-36611N/A
12/31/2019387-3305N/A
9/30/2019402-391126N/A
6/30/201940532N/A7N/A
3/31/201941834N/A-5N/A
12/31/201842933N/A-11N/A
9/30/201844021N/A-16N/A
6/30/2018443-29N/A-13N/A
3/31/2018451-26N/A-2N/A
12/31/2017449-30N/A-5N/A
9/30/2017454-25N/A-10N/A
6/30/2017460-20N/A13N/A
3/31/2017452-17N/A19N/A
12/31/2016457-6N/A26N/A
9/30/2016464-5N/A18N/A
6/30/2016477-4N/A27N/A
3/31/2016487-7N/A12N/A
12/31/2015488-16N/A9N/A
9/30/2015495-34N/A-2N/A
6/30/2015492-38N/A-43N/A

애널리스트 향후 성장 전망

수입 대 저축률: NTZ 의 예상 수익 증가율이 절약률(3.5%)보다 높은지 판단하기에는 데이터가 부족합니다.

수익 vs 시장: NTZ 의 수익이 US 시장보다 빠르게 성장할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.

고성장 수익: NTZ 의 수익이 향후 3년 동안 상당히 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.

수익 대 시장: NTZ 의 수익이 US 시장보다 빠르게 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.

고성장 매출: NTZ 의 수익이 연간 20%보다 빠르게 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.

주당순이익 성장 예측

향후 자기자본이익률

미래 ROE: NTZ의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.

성장 기업 찾아보기

7D

1Y

7D

1Y

7D

1Y

기업 분석 및 재무 데이터 상태

데이터최종 업데이트 (UTC 시간)
기업 분석2026/05/11 10:39
종가2026/05/08 00:00
수익2025/09/30
연간 수익2024/12/31

데이터 소스

당사의 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 재무제표10년
  • 손익계산서
  • 현금흐름표
  • 대차대조표
분석가 컨센서스 추정치+3년
  • 재무 예측
  • 분석가 목표주가
시장 가격30년
  • 주가
  • 배당, 분할 및 기타 조치
지분 구조10년
  • 주요 주주
  • 내부자 거래
경영진10년
  • 리더십 팀
  • 이사회
주요 개발10년
  • 회사 공시

* 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 스노우플레이크

이 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 지표

산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.

분석가 소스

Natuzzi S.p.A.는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.

분석가기관
Flavio Cereda-PariniBofA Global Research