How does Z9H's PE Ratio compare to its peers?

Z9H is good value based on its Price-To-Earnings Ratio (16.3x) compared to the peer average (38.3x).

How does Z9H's PE Ratio compare vs other companies in the DE Machinery Industry?

Z9H is expensive based on its Price-To-Earnings Ratio (16.3x) compared to the German Machinery industry average (15.3x).

What is Z9H's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Z9H is good value based on its Price-To-Earnings Ratio (16.3x) compared to the estimated Fair Price-To-Earnings Ratio (20.6x).

What is the Fair Price of Z9H when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Z9H (€7.05) is trading above our estimate of [[fair value]] (€5.46)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine [[statistical confidence]] in agreement.

Z9H Stock Overview

Offers products for the generation and purification of gases for industries and laboratories in Italy. More details

Z9H fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	5/6
Past Performance	4/6
Financial Health	5/6
Dividends	3/6

Rewards

Earnings are forecast to grow 50.15% per year

Earnings grew by 14.7% over the past year

Risk Analysis

Does not have a meaningful market cap (€47M)

My Notes

Capture your thoughts, links and company narrative

ErreDue S.p.A. Competitors

Alexanderwerk

DB:ALXA

€50.4m

LEWAG Holding

DB:KGR

€54.6m

KHD Humboldt Wedag International

XTRA:KWG

€67.1m

DATRON

XTRA:DAR

€29.7m

Price History & Performance

Summary of share price highs, lows and changes for ErreDue
Historical stock prices
Current Share Price	€7.05
52 Week High	€10.00
52 Week Low	€5.95
Beta	0.20
1 Month Change	9.30%
3 Month Change	-17.54%
1 Year Change	1.29%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-38.27%

Recent updates

Shareholder Returns

	Z9H	DE Machinery	DE Market
7D	-2.1%	-1.1%	-2.0%
1Y	1.3%	7.4%	6.9%

Return vs Industry: Z9H underperformed the German Machinery industry which returned 7.4% over the past year.

Return vs Market: Z9H underperformed the German Market which returned 6.9% over the past year.

Price Volatility

Is Z9H's price volatile compared to industry and market?
Z9H volatility
Z9H Average Weekly Movement	6.6%
Machinery Industry Average Movement	4.1%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.3%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: Z9H has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: Z9H's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2000	93	Barontini Francesca	www.erreduegas.it

ErreDue S.p.A. offers products for the generation and purification of gases for industries and laboratories in Italy. The company offers hydrogen, nitrogen, and oxygen generators; air compressors; compressors; gas purifiers; electronic mixers; zero and pure air generators; and energy transition systems. Its products are used in various applications, such as laser cutting, heat treatment of metals, welding, food industry, oenology, renewable energies, pharmaceutical industry, gold and naval sectors, and sintering.

ErreDue S.p.A. Fundamentals Summary

How do ErreDue's earnings and revenue compare to its market cap?
Z9H fundamental statistics
Market cap	€47.19m
Earnings (TTM)	€2.89m
Revenue (TTM)	€17.73m

16.3x

P/E Ratio

2.7x

P/S Ratio

Is Z9H overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
Z9H income statement (TTM)
Revenue	€17.73m
Cost of Revenue	€7.97m
Gross Profit	€9.76m
Other Expenses	€6.87m
Earnings	€2.89m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.46
Gross Margin	55.04%
Net Profit Margin	16.30%
Debt/Equity Ratio	6.3%

How did Z9H perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

48%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 17:57
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

ErreDue S.p.A. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Davide Rimini	Intesa Sanpaolo Equity Research
Tommaso Martinacci	ValueTrack

ErreDue DB:Z9H Stock Report