DB:2FK

Stock Analysis Report

Notorious Pictures

Executive Summary

Notorious Pictures S.p.A. produces and distributes media content for entertainment channels in Italy.


Snowflake Analysis

Excellent balance sheet and slightly overvalued.

Share Price & News

How has Notorious Pictures's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 2FK has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.4%

2FK

2.0%

DE Entertainment

-0.2%

DE Market


1 Year Return

-7.9%

2FK

34.2%

DE Entertainment

13.7%

DE Market

Return vs Industry: 2FK underperformed the German Entertainment industry which returned 34.2% over the past year.

Return vs Market: 2FK underperformed the German Market which returned 13.7% over the past year.


Shareholder returns

2FKIndustryMarket
7 Day0.4%2.0%-0.2%
30 Day13.9%-0.7%0.3%
90 Day8.0%7.3%3.7%
1 Year-5.3%-7.9%36.0%34.2%17.2%13.7%
3 Yearn/a42.7%35.8%15.4%5.3%
5 Yearn/a116.7%99.5%21.3%4.7%

Price Volatility Vs. Market

How volatile is Notorious Pictures's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Notorious Pictures undervalued compared to its fair value and its price relative to the market?

15.89x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 2FK (€2.7) is trading above our estimate of fair value (€0.91)

Significantly Below Fair Value: 2FK is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 2FK is good value based on its PE Ratio (15.9x) compared to the Entertainment industry average (44.4x).

PE vs Market: 2FK is good value based on its PE Ratio (15.9x) compared to the German market (20.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 2FK's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2FK is overvalued based on its PB Ratio (2.5x) compared to the DE Entertainment industry average (1.5x).


Next Steps

Future Growth

How is Notorious Pictures forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.3%

Forecasted Media industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Notorious Pictures has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Notorious Pictures performed over the past 5 years?

-16.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2FK has a high level of non-cash earnings.

Growing Profit Margin: 2FK's current net profit margins (13.9%) are higher than last year (11.9%).


Past Earnings Growth Analysis

Earnings Trend: 2FK's earnings have declined by -16% per year over the past 5 years.

Accelerating Growth: 2FK's earnings growth over the past year (13.5%) exceeds its 5-year average (-16% per year).

Earnings vs Industry: 2FK earnings growth over the past year (13.5%) underperformed the Entertainment industry 14.6%.


Return on Equity

High ROE: 2FK's Return on Equity (15.6%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Notorious Pictures's financial position?


Financial Position Analysis

Short Term Liabilities: 2FK's short term assets (€36.9M) exceed its short term liabilities (€19.0M).

Long Term Liabilities: 2FK's short term assets (€36.9M) exceed its long term liabilities (€13.5M).


Debt to Equity History and Analysis

Debt Level: 2FK's debt to equity ratio (28%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 2FK's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 2FK's debt is well covered by operating cash flow (78.9%).

Interest Coverage: 2FK's interest payments on its debt are well covered by EBIT (47.1x coverage).


Balance Sheet

Inventory Level: 2FK has a high level of physical assets or inventory.

Debt Coverage by Assets: 2FK's debt is covered by short term assets (assets are 5.4x debt).


Next Steps

Dividend

What is Notorious Pictures's current dividend yield, its reliability and sustainability?

3.01%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 2FK's dividend (3.01%) is higher than the bottom 25% of dividend payers in the German market (1.31%).

High Dividend: 2FK's dividend (3.01%) is low compared to the top 25% of dividend payers in the German market (3.65%).


Stability and Growth of Payments

Stable Dividend: 2FK has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 2FK's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (47.9%), 2FK's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

€331k

CEO Compensation


CEO

Guglielmo Marchetti 0

€331,280

Compensation

Mr. Guglielmo Marchetti serves as the Chairman of the Board of Directors, Chief Executive Officer and Investor Relations Manager at Notorious Pictures S.p.A. Mr. Marchetti serves as the Chief Executive Off ...


CEO Compensation Analysis

Compensation vs Market: Guglielmo's total compensation ($USD357.52K) is about average for companies of similar size in the German market ($USD412.50K).

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


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 been diluted in the past year, with total shares outstanding growing by 9%.


Top Shareholders

Company Information

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


Key Information

  • Name: Notorious Pictures S.p.A.
  • Ticker: 2FK
  • Exchange: DB
  • Founded: 2012
  • Industry: Movies and Entertainment
  • Sector: Media
  • Market Cap: €59.671m
  • Shares outstanding: 21.94m
  • Website: https://www.notoriouspictures.it

Location

  • Notorious Pictures S.p.A.
  • Via della Signora, 2/A
  • Milan
  • Milan
  • 20122
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NPIBIT (Borsa Italiana)YesCommon StockITEURJun 2014
2FKDB (Deutsche Boerse AG)YesCommon StockDEEURJun 2014

Biography

Notorious Pictures S.p.A. produces and distributes media content for entertainment channels in Italy. The company was founded in 2012 and is headquartered in Milan, Italy. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/20 23:47
End of Day Share Price2020/02/20 00:00
Earnings2019/06/30
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.