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Eurotech

DB:E5T
Snowflake Description

Flawless balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
E5T
DB
€134M
Market Cap
  1. Home
  2. DE
  3. Tech
Company description

Eurotech S.p.A. engages in the research and development, production, and marketing of miniaturized computers and high-performance computers featuring high computing capacity in Italy and internationally. The last earnings update was 37 days ago. More info.


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E5T Share Price and Events
7 Day Returns
-5.1%
DB:E5T
1.1%
DE Tech
1.8%
DE Market
1 Year Returns
142.1%
DB:E5T
0.6%
DE Tech
-6%
DE Market
E5T Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Eurotech (E5T) -5.1% -7.4% 7% 142.1% 163.5% 59.5%
DE Tech 1.1% 3.3% 13.1% 0.6% 67.6% 104.5%
DE Market 1.8% 4.6% 7.4% -6% 10.1% 15.3%
1 Year Return vs Industry and Market
  • E5T outperformed the Tech industry which returned 0.6% over the past year.
  • E5T outperformed the Market in Germany which returned -6% over the past year.
Price Volatility
E5T
Industry
5yr Volatility vs Market
Related Companies

E5T Value

 Is Eurotech undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Eurotech to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Eurotech.

DB:E5T Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:E5T
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 9%
Tech Unlevered Beta Simply Wall St/ S&P Global 1.04
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.045 (1 + (1- 24%) (9.32%))
1.08
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.08
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.08 * 9.02%)
9.97%

Discounted Cash Flow Calculation for DB:E5T using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Eurotech is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:E5T DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 9.97%)
2019 6.00 Analyst x1 5.46
2020 8.60 Analyst x1 7.11
2021 12.00 Analyst x1 9.02
2022 13.68 Est @ 13.98% 9.35
2023 15.03 Est @ 9.85% 9.34
2024 16.07 Est @ 6.97% 9.09
2025 16.87 Est @ 4.94% 8.67
2026 17.46 Est @ 3.53% 8.17
2027 17.91 Est @ 2.54% 7.61
2028 18.24 Est @ 1.85% 7.05
Present value of next 10 years cash flows €80.89
DB:E5T DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €18.24 × (1 + 0.23%) ÷ (9.97% – 0.23%)
€187.69
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €187.69 ÷ (1 + 9.97%)10
€72.59
DB:E5T Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €80.89 + €72.59
€153.47
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €153.47 / 34.63
€4.43
DB:E5T Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:E5T represents 0.98705x of BIT:ETH
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.98705x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 4.43 x 0.98705
€4.37
Value per share (EUR) From above. €4.37
Current discount Discount to share price of €3.81
= -1 x (€3.81 - €4.37) / €4.37
12.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Eurotech is available for.
Intrinsic value
13%
Share price is €3.81 vs Future cash flow value of €4.37
Current Discount Checks
For Eurotech to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Eurotech's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Eurotech's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Eurotech's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Eurotech's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:E5T PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.17
BIT:ETH Share Price ** BIT (2019-04-18) in EUR €3.86
Europe Tech Industry PE Ratio Median Figure of 22 Publicly-Listed Tech Companies 13.17x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.59x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Eurotech.

DB:E5T PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BIT:ETH Share Price ÷ EPS (both in EUR)

= 3.86 ÷ 0.17

23.3x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Eurotech is overvalued based on earnings compared to the Europe Tech industry average.
  • Eurotech is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Eurotech's expected growth come at a high price?
Raw Data
DB:E5T PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 23.3x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
29.8%per year
Europe Tech Industry PEG Ratio Median Figure of 12 Publicly-Listed Tech Companies 0.87x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

DB:E5T PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 23.3x ÷ 29.8%

0.78x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Eurotech is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Eurotech's assets?
Raw Data
DB:E5T PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €2.95
BIT:ETH Share Price * BIT (2019-04-18) in EUR €3.86
Europe Tech Industry PB Ratio Median Figure of 30 Publicly-Listed Tech Companies 1.3x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.84x
DB:E5T PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BIT:ETH Share Price ÷ Book Value per Share (both in EUR)

= 3.86 ÷ 2.95

1.31x

* Primary Listing of Eurotech.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Eurotech is overvalued based on assets compared to the Europe Tech industry average.
X
Value checks
We assess Eurotech's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Tech industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Tech industry average (and greater than 0)? (1 check)
  5. Eurotech has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

E5T Future Performance

 How is Eurotech expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
29.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Eurotech expected to grow at an attractive rate?
  • Eurotech's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Eurotech's earnings growth is expected to exceed the Germany market average.
  • Eurotech's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:E5T Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:E5T Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 29.8%
DB:E5T Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 10.4%
Europe Tech Industry Earnings Growth Rate Market Cap Weighted Average 14.7%
Europe Tech Industry Revenue Growth Rate Market Cap Weighted Average 8.2%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:E5T Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:E5T Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 110 15 15 1
2020-12-31 100 12 12 1
2019-12-31 91 9 9 1
DB:E5T Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 80 11 6
2018-09-30 80 8 6
2018-06-30 76 7 4
2018-03-31 70 2 0
2017-12-31 61 -1 -5
2017-09-30 57 -1 -8
2017-06-30 55 -3 -9
2017-03-31 58 0 -7
2016-12-31 61 -1 -5
2016-09-30 61 0 -3
2016-06-30 64 2 -5
2016-03-31 64 -1 -6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Eurotech's earnings are expected to grow significantly at over 20% yearly.
  • Eurotech's revenue is expected to grow by 10.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:E5T Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Eurotech Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:E5T Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.42 0.42 0.42 1.00
2020-12-31 0.32 0.32 0.32 1.00
2019-12-31 0.25 0.25 0.25 1.00
DB:E5T Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.17
2018-09-30 0.17
2018-06-30 0.12
2018-03-31 -0.01
2017-12-31 -0.14
2017-09-30 -0.24
2017-06-30 -0.27
2017-03-31 -0.20
2016-12-31 -0.15
2016-09-30 -0.10
2016-06-30 -0.13
2016-03-31 -0.18

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Eurotech is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Eurotech's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Eurotech has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

E5T Past Performance

  How has Eurotech performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Eurotech's growth in the last year to its industry (Tech).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Eurotech has delivered over 20% year on year earnings growth in the past 5 years.
  • Eurotech has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Eurotech has become profitable in the last year making it difficult to compare the Europe Tech industry average.
Earnings and Revenue History
Eurotech's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Eurotech Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:E5T Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 80.11 5.68 32.06
2018-09-30 80.07 5.86 31.27
2018-06-30 76.49 4.26 30.40
2018-03-31 70.08 -0.32 30.59
2017-12-31 61.30 -4.67 30.90
2017-09-30 57.05 -8.21 32.21
2017-06-30 55.41 -9.28 32.88
2017-03-31 57.99 -6.92 33.15
2016-12-31 61.43 -5.07 33.98
2016-09-30 61.39 -3.44 34.05
2016-06-30 64.17 -4.53 34.76
2016-03-31 64.11 -6.37 36.14
2015-12-31 66.07 -6.22 36.08
2015-09-30 65.41 -9.83 36.55
2015-06-30 63.51 -8.76 36.38
2015-03-31 64.40 -8.26 35.23
2014-12-31 64.09 -8.92 34.77
2014-09-30 69.26 -12.98 34.52
2014-06-30 69.19 -13.16 33.84
2014-03-31 69.48 -13.45 33.75
2013-12-31 66.61 -13.16 33.60
2013-09-30 66.80 -5.06 33.64
2013-06-30 70.53 -5.32 34.64
2013-03-31 69.68 -6.01 34.08
2012-12-31 78.74 -5.44 36.82
2012-09-30 83.20 -7.26 39.03
2012-06-30 89.64 -6.61 41.16

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Eurotech has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Eurotech used its assets less efficiently than the Europe Tech industry average last year based on Return on Assets.
  • Eurotech has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Eurotech's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Tech industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Eurotech has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

E5T Health

 How is Eurotech's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Eurotech's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Eurotech is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Eurotech's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Eurotech's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 4.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Eurotech Company Filings, last reported 3 months ago.

DB:E5T Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 102.04 12.46 13.20
2018-09-30 96.97 9.87 8.64
2018-06-30 96.11 11.36 8.34
2018-03-31 92.54 13.54 9.08
2017-12-31 90.70 12.57 6.84
2017-09-30 89.54 13.23 7.53
2017-06-30 92.65 14.84 8.62
2017-03-31 101.46 11.40 8.00
2016-12-31 103.56 11.70 9.26
2016-09-30 108.65 10.67 8.03
2016-06-30 109.70 11.54 10.46
2016-03-31 103.09 12.22 11.98
2015-12-31 105.34 11.73 11.51
2015-09-30 102.32 14.66 12.97
2015-06-30 104.07 11.75 9.90
2015-03-31 111.11 11.89 14.17
2014-12-31 101.99 10.74 16.67
2014-09-30 106.51 8.99 15.99
2014-06-30 105.76 8.51 16.59
2014-03-31 106.01 13.86 20.56
2013-12-31 108.10 15.33 28.10
2013-09-30 102.66 20.91 10.35
2013-06-30 105.12 21.60 9.71
2013-03-31 114.25 23.60 9.36
2012-12-31 119.96 23.71 12.26
2012-09-30 129.83 27.29 10.81
2012-06-30 132.06 26.58 10.95
  • Eurotech's level of debt (12.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (14.2% vs 12.2% today).
  • Debt is well covered by operating cash flow (84.9%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 15.2x coverage).
X
Financial health checks
We assess Eurotech's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Eurotech has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

E5T Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Eurotech dividends.
If you bought €2,000 of Eurotech shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Eurotech's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Eurotech's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:E5T Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Europe Tech Industry Average Dividend Yield Market Cap Weighted Average of 12 Stocks 1.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:E5T Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Eurotech has not reported any payouts.
  • Unable to verify if Eurotech's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Eurotech's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Eurotech has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Eurotech's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Eurotech afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Eurotech has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

E5T Management

 What is the CEO of Eurotech's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Roberto Siagri
COMPENSATION €410,000
AGE 58
CEO Bio

Dr. Roberto Siagri serves as the Chairman, Chief Executive Officer and President of Eurotech SpA and has been its Vice Chairman since May 3, 2017. Dr. Siagri served as the Chairman of Eurotech SpA until May 3, 2017. Dr. Siagri serves as President of E-tech Inc. and E-tech Ltd. He serves as Chairman of the Board of Eurotech Finland Oy. He serves as an Director of Advanet Inc. Dr. Siagri has been a Director of Eurotech SpA since September 30, 1992. He serves as a Director of Parvus Corporation, EthLab SrL, Applied Data System Inc., Eurotech France, IPS s.r.l., Delos s.r.l., Nice Spa, Advanet Inc., U.T.R.I. SpA. and Nextra Gen SrL. Dr. Siagri served as Independent Director of Nice SpA.

CEO Compensation
  • Roberto's compensation has increased in line with Eurotech recently becoming profitable.
  • Roberto's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the Eurotech management team in years:

9.2
Average Tenure
  • The average tenure for the Eurotech management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Roberto Siagri

TITLE
Deputy Chairman
COMPENSATION
€410K
AGE
58

Sandro Barazza

TITLE
Group CFO & Corporate Financial Reporting Manager
COMPENSATION
€44K
AGE
50
TENURE
10.9 yrs

Ludovico Ciferri

TITLE
President of Advanet Inc
TENURE
5.1 yrs

Leann Zawodniak

TITLE
Chief Financial Officer of Eurotech Inc
TENURE
9.2 yrs
Board of Directors Tenure

Average tenure and age of the Eurotech board of directors in years:

2
Average Tenure
55
Average Age
  • The average tenure for the Eurotech board of directors is less than 3 years, this suggests a new board.
Board of Directors

Giuseppe Panizzardi

TITLE
Chairman
COMPENSATION
€20K
AGE
55
TENURE
1.9 yrs

Roberto Siagri

TITLE
Deputy Chairman
COMPENSATION
€410K
AGE
58
TENURE
1.9 yrs

Dino Paladin

TITLE
Deputy Chairman of the Board
COMPENSATION
€15K
AGE
64
TENURE
1.9 yrs

Chiara Mio

TITLE
Lead Independent Director
COMPENSATION
€32K
AGE
54
TENURE
4.9 yrs

Gianfranco Favaro

TITLE
Chairman of the Board of Statutory Auditors
AGE
64
TENURE
2 yrs

Giulio Antonello

TITLE
Independent Director
COMPENSATION
€16K
AGE
50
TENURE
5 yrs

Riccardo Costacurta

TITLE
Independent Director
COMPENSATION
€32K
AGE
57
TENURE
5 yrs

Marina Pizzol

TITLE
Non-Executive Director
COMPENSATION
€25K
AGE
49
TENURE
3.9 yrs

Giorgio Mosca

TITLE
Director
COMPENSATION
€10K
AGE
55
TENURE
2 yrs

Carmen Pezzuto

TITLE
Independent Director
COMPENSATION
€11K
AGE
51
TENURE
2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
21. Dec 18 Sell Roberto Siagri Individual 17. Dec 18 17. Dec 18 -208,600 €3.36 €-700,416
10. Oct 18 Sell Roberto Siagri Individual 08. Oct 18 08. Oct 18 -40,000 €3.66 €-146,220
21. Sep 18 Sell Roberto Siagri Individual 17. Sep 18 17. Sep 18 -56 €3.52 €-197
04. Jun 18 Sell Roberto Siagri Individual 30. May 18 31. May 18 -50,000 €2.17 €-107,620
X
Management checks
We assess Eurotech's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Eurotech has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

E5T News

Simply Wall St News

E5T Company Info

Description

Eurotech S.p.A. engages in the research and development, production, and marketing of miniaturized computers and high-performance computers featuring high computing capacity in Italy and internationally. The company also offers embedded boards and modules with CPU processor based on the Atom, Core I, Xeon D, and ARM architectures; PC/104 boards; small form factor boards; computer on module express boards; single board computers; VME boards; compactPCI boards; and development kits. In addition, it provides embedded and edge computers, HMIs and displays, and expansion modules; mobile access routers, storage systems, and networking modules; and high performance embedded computing boards and systems for data access and management. Further, the company offers intelligent sensors, such as people counters and environmental monitoring systems; and multi-service IoT edge gateways, IoT edge framework, and IoT integration platform, as well as Wearable Devices, Handheld Computers, and G-Station supercomputer solution. Additionally, it provides IoT consulting and solutions and product design and manufacturing services. The company serves industrial and automation, transportation and mobility, energy and utilities, and medical and healthcare markets. Eurotech S.p.A. was founded in 1992 and is headquartered in Amaro, Italy.

Details
Name: Eurotech S.p.A.
E5T
Exchange: DB
Founded: 1992
€133,667,029
34,628,764
Website: http://www.eurotech.com
Address: Eurotech S.p.A.
Via Fratelli Solari 3/a,
Amaro,
Udine, 33020,
Italy
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BIT ETH Ordinary Shares Borsa Italiana IT EUR 01. Dec 2005
DB E5T Ordinary Shares Deutsche Boerse AG DE EUR 01. Dec 2005
LSE 0E7Z Ordinary Shares London Stock Exchange GB EUR 01. Dec 2005
BATS-CHIXE ETHM Ordinary Shares BATS 'Chi-X Europe' GB EUR 01. Dec 2005
Number of employees
Current staff
Staff numbers
302
Eurotech employees.
Industry
Technology Hardware, Storage and Peripherals
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/21 20:52
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/03/19
Last earnings filing: 2019/03/15
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.