DB:PGC

Stock Analysis Report

Poligrafica S. Faustino

Executive Summary

Poligrafica S. Faustino S.p.A. engages in printing business in Italy.


Snowflake Analysis

Undervalued with solid track record.

Share Price & News

How has Poligrafica S. Faustino's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PGC has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-5.6%

PGC

-10.1%

DE Commercial Services

-9.1%

DE Market


1 Year Return

15.5%

PGC

-13.9%

DE Commercial Services

2.9%

DE Market

Return vs Industry: PGC exceeded the German Commercial Services industry which returned -13.9% over the past year.

Return vs Market: PGC exceeded the German Market which returned 2.9% over the past year.


Shareholder returns

PGCIndustryMarket
7 Day-5.6%-10.1%-9.1%
30 Day-8.2%-10.4%-7.2%
90 Day-10.1%-8.1%-6.5%
1 Year15.5%15.5%-10.8%-13.9%6.1%2.9%
3 Year9.3%9.3%-1.7%-10.2%3.5%-5.6%
5 Year3.1%3.1%-7.1%-20.1%8.0%-6.8%

Price Volatility Vs. Market

How volatile is Poligrafica S. Faustino's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Poligrafica S. Faustino undervalued compared to its fair value and its price relative to the market?

26.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PGC (€6.8) is trading below our estimate of fair value (€8.92)

Significantly Below Fair Value: PGC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PGC is good value based on its PE Ratio (5.3x) compared to the Commercial Services industry average (30.5x).

PE vs Market: PGC is good value based on its PE Ratio (5.3x) compared to the German market (19.9x).


Price to Earnings Growth Ratio

PEG Ratio: PGC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: PGC is good value based on its PB Ratio (0.8x) compared to the DE Commercial Services industry average (3x).


Next Steps

Future Growth

How is Poligrafica S. Faustino forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-10.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PGC's earnings are forecast to decline over the next 3 years (-10.4% per year).

Earnings vs Market: PGC's earnings are forecast to decline over the next 3 years (-10.4% per year).

High Growth Earnings: PGC's earnings are forecast to decline over the next 3 years.

Revenue vs Market: PGC's revenue (0.8% per year) is forecast to grow slower than the German market (5.1% per year).

High Growth Revenue: PGC's revenue (0.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PGC's Return on Equity is forecast to be low in 3 years time (8.3%).


Next Steps

Past Performance

How has Poligrafica S. Faustino performed over the past 5 years?

22.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PGC has high quality earnings.

Growing Profit Margin: PGC's current net profit margins (2.7%) are higher than last year (0.2%).


Past Earnings Growth Analysis

Earnings Trend: PGC has become profitable over the past 5 years, growing earnings by 22.5% per year.

Accelerating Growth: PGC's earnings growth over the past year (1353.1%) exceeds its 5-year average (22.5% per year).

Earnings vs Industry: PGC earnings growth over the past year (1353.1%) exceeded the Commercial Services industry 7.5%.


Return on Equity

High ROE: PGC's Return on Equity (15%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Poligrafica S. Faustino's financial position?


Financial Position Analysis

Short Term Liabilities: PGC's short term assets (€29.1M) exceed its short term liabilities (€23.8M).

Long Term Liabilities: PGC's short term assets (€29.1M) exceed its long term liabilities (€7.7M).


Debt to Equity History and Analysis

Debt Level: PGC's debt to equity ratio (140.8%) is considered high.

Reducing Debt: PGC's debt to equity ratio has increased from 94.9% to 140.8% over the past 5 years.

Debt Coverage: PGC's debt is not well covered by operating cash flow (9.8%).

Interest Coverage: PGC's interest payments on its debt are well covered by EBIT (9.6x coverage).


Balance Sheet

Inventory Level: PGC has a high level of physical assets or inventory.

Debt Coverage by Assets: PGC's debt is covered by short term assets (assets are 2.2x debt).


Next Steps

Dividend

What is Poligrafica S. Faustino's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.9%industryaverage3.8%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate PGC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate PGC's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PGC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PGC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PGC's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

18.8yrs

Average board tenure


CEO

Alberto Frigoli (70yo)

€114,700

Compensation

Mr. Alberto Frigoli has been Managing Director of Poligrafica San Faustino S.p.A. since 1987 and serves as Chief Executive Officer. Mr. Frigoli has been the Chairman of Poligrafica San Faustino SpA since A ...


CEO Compensation Analysis

Compensation vs Market: Alberto's total compensation ($USD125.89K) is below average for companies of similar size in the German market ($USD419.45K).

Compensation vs Earnings: Alberto's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Alberto Frigoli
Chairman0yrs€114.70k9.73% 690.0k
Emilio Frigoli
CEO, MD & Director21.9yrs€300.80k9.72% 689.2k
Giuseppe Frigoli
CEO, MD & Director21.9yrs€300.80k9.67% 685.6k
Francesco Frigoli
Executive Director21.3yrs€126.70k9.94% 704.4k
Giovanni Frigoli
Executive Director & MD of Controlled Linkonline S.r.l21.3yrs€300.80k9.74% 690.6k
Alberto Piantoni
Lead Independent Director12.8yrs€12.90kno data
Carlo Carnevale-Maffè
Independent Director15.8yrs€12.90kno data
Francesco Curone
Chairman of Statutory Auditor0yrs€9.00kno data
Andrea Collalti
Independent Director7.8yrs€12.90k5.49% 389.1k
Ilaria Frigoli
Non-Executive Director6.8yrs€12.90kno data

18.8yrs

Average Tenure

61yo

Average Age

Experienced Board: PGC's board of directors are seasoned and experienced ( 18.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Poligrafica S. Faustino S.p.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Poligrafica S. Faustino S.p.A.
  • Ticker: PGC
  • Exchange: DB
  • Founded: 1957
  • Industry: Commercial Printing
  • Sector: Commercial Services
  • Market Cap: €7.089m
  • Shares outstanding: 1.11m
  • Website: https://www.psf.it

Number of Employees


Location

  • Poligrafica S. Faustino S.p.A.
  • Via Valenca no. 15
  • Castrezzato
  • Brescia
  • 25030
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PSFBIT (Borsa Italiana)YesOrdinary SharesITEURNov 1999
0K7HLSE (London Stock Exchange)YesOrdinary SharesGBEURNov 1999
PGCDB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 1999
PSFMBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURNov 1999

Biography

Poligrafica S. Faustino S.p.A. engages in printing business in Italy. The company offers printed forms, which include promotional items, business papers, and others; labels and packaging products; and electronic documental managing services. It is also involved in communication activities through telematics Webs, as well as development of software. In addition, the company distributes consumption computers products for informatics. Further, it provides direct marketing services, as well as e-procurement and implementation of tools for games and competitions. In addition, the company operates a digital market agency. The company was founded in 1957 and is headquartered in Castrezzato, Italy. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/28 22:43
End of Day Share Price2020/02/28 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.