Fiera Milano SpA's (BIT:FM) Popularity With Investors Is Under Threat From Overpricing
Jul 23
Italian (Borsa Italiana) Advertising Industry Analysis
UpdatedJul 25, 2024
DataAggregated Company Financials
Companies13
- 7D0.8%
- 3M10.0%
- 1Y23.7%
- YTDn/a
The Advertising industry is up 1.9% in the last week, with Fiera Milano up 3.8%. In the last 12 months, the industry was up 26%. Earnings are forecast to grow by 6.9% annually.
Industry Valuation and Performance
Has the Italian Advertising Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | €908.6m | €1.2b | €20.4m | 13.5x | 44.6x | 0.8x |
| Sun, 23 Jun 2024 | €597.6m | €900.3m | -€24,290,463.00 | 14x | -24.6x | 0.7x |
| Tue, 21 May 2024 | €569.0m | €892.3m | -€38,809,371.00 | 15.2x | -14.7x | 0.6x |
| Thu, 18 Apr 2024 | €547.9m | €892.6m | -€40,198,819.00 | 12.9x | -13.6x | 0.6x |
| Sat, 16 Mar 2024 | €562.2m | €907.3m | €4.5m | 12.4x | 125.5x | 0.6x |
| Mon, 12 Feb 2024 | €598.3m | €907.3m | €4.5m | 12x | 133.6x | 0.7x |
| Wed, 10 Jan 2024 | €652.7m | €983.2m | €3.9m | 12.6x | 168x | 0.7x |
| Fri, 08 Dec 2023 | €419.0m | €766.1m | €8.4m | 13.2x | 50.2x | 0.5x |
| Sun, 05 Nov 2023 | €628.3m | €1.9b | €41.3m | 11.3x | 15.2x | 0.3x |
| Tue, 03 Oct 2023 | €634.9m | €1.9b | €56.0m | 16.5x | 11.3x | 0.3x |
| Thu, 31 Aug 2023 | €658.6m | €1.8b | €69.1m | 16.2x | 9.5x | 0.4x |
| Sat, 29 Jul 2023 | €667.1m | €1.8b | €64.4m | 16.3x | 10.4x | 0.4x |
| Mon, 26 Jun 2023 | €682.6m | €1.8b | €64.4m | 16.2x | 10.6x | 0.4x |
| Wed, 24 May 2023 | €730.7m | €1.8b | €58.3m | 26.4x | 12.5x | 0.4x |
| Fri, 21 Apr 2023 | €722.7m | €1.8b | €47.4m | 35.6x | 15.2x | 0.4x |
| Sun, 19 Mar 2023 | €712.9m | €1.7b | €59.4m | 25.3x | 12x | 0.4x |
| Tue, 14 Feb 2023 | €719.5m | €1.6b | €55.1m | 22.8x | 13.1x | 0.4x |
| Thu, 12 Jan 2023 | €704.5m | €1.6b | €55.1m | 24.9x | 12.8x | 0.4x |
| Sat, 10 Dec 2022 | €651.9m | €1.6b | €55.1m | 24.6x | 11.8x | 0.4x |
| Mon, 07 Nov 2022 | €637.0m | €1.6b | €72.3m | 25.4x | 8.8x | 0.4x |
| Wed, 05 Oct 2022 | €612.5m | €1.6b | €75.9m | 25.6x | 8.1x | 0.4x |
| Fri, 02 Sep 2022 | €654.4m | €1.6b | €69.4m | 19x | 9.4x | 0.4x |
| Sun, 31 Jul 2022 | €710.4m | €1.6b | €83.6m | 18.9x | 8.5x | 0.5x |
| Tue, 28 Jun 2022 | €692.5m | €1.6b | €83.6m | 20.5x | 8.3x | 0.4x |
| Thu, 26 May 2022 | €634.9m | €1.5b | €74.0m | 25.5x | 8.6x | 0.4x |
| Sat, 23 Apr 2022 | €717.3m | €1.4b | €59.5m | 42.5x | 12.1x | 0.5x |
| Mon, 21 Mar 2022 | €617.0m | €1.4b | €30.3m | 32x | 20.3x | 0.4x |
| Wed, 16 Feb 2022 | €723.8m | €1.4b | €28.5m | 34.6x | 25.4x | 0.5x |
| Fri, 14 Jan 2022 | €740.5m | €1.4b | €28.5m | 34.3x | 26x | 0.5x |
| Sun, 12 Dec 2021 | €725.0m | €1.4b | €28.5m | 34.5x | 25.5x | 0.5x |
| Tue, 09 Nov 2021 | €758.6m | €1.4b | €9.9m | 35.3x | 76.4x | 0.6x |
| Thu, 07 Oct 2021 | €719.0m | €1.4b | €12.0m | 36.9x | 60.1x | 0.5x |
| Sat, 04 Sep 2021 | €718.4m | €1.3b | €9.0m | 69.4x | 80.1x | 0.5x |
| Mon, 02 Aug 2021 | €571.1m | €1.3b | €9.0m | 59x | 63.7x | 0.4x |
Price to Earnings Ratio
63.7x
Current Industry PE
- Investors are pessimistic on the Italian Advertising industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 45.0x which is lower than its 3-year average PE of 183x.
- The industry is trading close to its 3-year average PS ratio of 0.49x.
Past Earnings Growth
- The earnings for companies in the Advertising industry have grown 31% per year over the last three years.
- Meanwhile revenues for these companies have declined 3.2% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Comparison
How does Italian Advertising compare with similar industries?
| IT Market | 0.13% | |
| Telecom | -1.88% | |
| Media | -3.20% | |
| Advertising | 0.79% | |
| Publishing | 1.05% | |
| Cable and Satellite | 0% | |
| Broadcasting | -7.20% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FM Fiera Milano | €4.21 | 2.1% +€6.0m | 74.1% | PE6.7x | |
| IDNTT IDNTT | €2.98 | 2.1% +€440.5k | -8.0% | PE14x | |
| EPRB Eprcomunicazione | €1.20 | 7.1% +€224.3k | -57.1% | n/a | |
| SGC SG | €0.27 | 2.3% +€126.3k | -12.5% | PE17x | |
| TB Triboo | €0.76 | 0.3% +€55.6k | -8.0% | PS0.3x |
