DB:E5T

Stock Analysis Report

Executive Summary

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.


Snowflake Analysis

Solid track record with excellent balance sheet.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: E5T's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

15.2%

E5T

8.9%

DE Tech

7.3%

DE Market


1 Year Return

13.1%

E5T

-24.4%

DE Tech

-17.7%

DE Market

Return vs Industry: E5T exceeded the German Tech industry which returned -24.4% over the past year.

Return vs Market: E5T exceeded the German Market which returned -17.7% over the past year.


Shareholder returns

E5TIndustryMarket
7 Day15.2%8.9%7.3%
30 Day-31.2%-16.7%-17.9%
90 Day-43.8%-22.6%-25.8%
1 Year13.1%13.1%-23.8%-24.4%-15.1%-17.7%
3 Year215.0%215.0%60.4%57.0%-18.7%-25.6%
5 Year143.6%143.6%69.7%49.9%-17.7%-29.0%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

10.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: E5T (€4.69) is trading below our estimate of fair value (€5.26)

Significantly Below Fair Value: E5T is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: E5T is good value based on its PE Ratio (8.7x) compared to the Tech industry average (13.3x).

PE vs Market: E5T is good value based on its PE Ratio (8.7x) compared to the German market (16.4x).


Price to Earnings Growth Ratio

PEG Ratio: E5T's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: E5T is overvalued based on its PB Ratio (1.3x) compared to the XE Tech industry average (1.1x).


Next Steps

Future Growth

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

-5.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: E5T's earnings are forecast to decline over the next 3 years (-5.5% per year).

Earnings vs Market: E5T's earnings are forecast to decline over the next 3 years (-5.5% per year).

High Growth Earnings: E5T's earnings are forecast to decline over the next 3 years.

Revenue vs Market: E5T's revenue (7.6% per year) is forecast to grow faster than the German market (4.1% per year).

High Growth Revenue: E5T's revenue (7.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: E5T's Return on Equity is forecast to be low in 3 years time (12.2%).


Next Steps

Past Performance

How has Eurotech performed over the past 5 years?

64.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: E5T has high quality earnings.

Growing Profit Margin: E5T's current net profit margins (18.9%) are higher than last year (7.1%).


Past Earnings Growth Analysis

Earnings Trend: E5T has become profitable over the past 5 years, growing earnings by 64.9% per year.

Accelerating Growth: E5T's earnings growth over the past year (238.6%) exceeds its 5-year average (64.9% per year).

Earnings vs Industry: E5T earnings growth over the past year (238.6%) exceeded the Tech industry 7.9%.


Return on Equity

High ROE: E5T's Return on Equity (15.4%) is considered low.


Next Steps

Financial Health

How is Eurotech's financial position?


Financial Position Analysis

Short Term Liabilities: E5T's short term assets (€66.1M) exceed its short term liabilities (€27.5M).

Long Term Liabilities: E5T's short term assets (€66.1M) exceed its long term liabilities (€18.4M).


Debt to Equity History and Analysis

Debt Level: E5T's debt to equity ratio (10.7%) is considered satisfactory.

Reducing Debt: E5T's debt to equity ratio has increased from 10.4% to 10.7% over the past 5 years.


Balance Sheet

Inventory Level: E5T has a low level of unsold assets or inventory.

Debt Coverage by Assets: E5T's debt is covered by short term assets (assets are 5x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: E5T is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: E5T is profitable, therefore cash runway is not a concern.


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate E5T's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate E5T'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 E5T's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if E5T'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 E5T'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?

10.0yrs

Average management tenure


CEO

Roberto Siagri (59yo)

no data

Tenure

€410,000

Compensation

Dr. Roberto Siagri has been Chairman of Eurotech SpA since 2019 and serves as its Chief Executive Officer and President. Dr. Siagri served as Vice Chairman of Eurotech S.p.A. since May 3, 2017 until 2019.  ...


CEO Compensation Analysis

Compensation vs Market: Roberto's total compensation ($USD0.00) is below average for companies of similar size in the German market ($USD765.33K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Roberto Siagri
Chairmanno data€410.00k3.79% 6.3m
Sandro Barazza
Group CFO & Corporate Financial Reporting Manager11.83yrs€44.00kno data
Ludovico Ciferri
President of Advanet Inc6yrsno datano data
Leann Zawodniak
Chief Financial Officer of Eurotech Inc10yrsno datano data

10.0yrs

Average Tenure

Experienced Management: E5T's management team is seasoned and experienced (10 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Roberto Siagri
Chairmanno data€410.00k3.79% 6.3m
Giulio Antonello
Independent Director5.92yrs€16.00kno data
Chiara Mio
Lead Independent Director5.83yrs€32.00kno data
Carmen Pezzuto
Independent Director2.92yrs€11.00kno data
Dino Paladin
Deputy Chairman of the Board2.83yrs€15.00kno data
Riccardo Costacurta
Independent Director5.92yrs€32.00kno data
Gianfranco Favaro
Chairman of the Board of Statutory Auditors2.92yrsno datano data
Aldo Serafino Fumagalli
Director1.17yrsno datano data
Susanna Curti
Director1.17yrsno datano data
Antongiulio Marti
Director1.17yrsno datano data

2.9yrs

Average Tenure

58yo

Average Age

Experienced Board: E5T's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: Eurotech S.p.A.
  • Ticker: E5T
  • Exchange: DB
  • Founded: 1992
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: €166.891m
  • Shares outstanding: 34.73m
  • Website: https://www.eurotech.com

Number of Employees


Location

  • Eurotech S.p.A.
  • Via Fratelli Solari 3/a
  • Amaro
  • Udine
  • 33020
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ETHBIT (Borsa Italiana)YesOrdinary SharesITEURDec 2005
E5TDB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2005
0E7ZLSE (London Stock Exchange)YesOrdinary SharesGBEURDec 2005
ETHMBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURDec 2005
ERTW.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDDec 2005

Biography

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. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/29 21:15
End of Day Share Price2020/03/27 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.