Società Editoriale Il Fatto (ENXTPA:ALSEI) - Share price, News & Analysis

ALSEI fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	2/6
Financial Health	4/6
Dividends	0/6

ALSEI Stock Overview

Società Editoriale Il Fatto S.p.A. engages in the publishing of newspaper, books, and magazines in Italy.

Rewards

Trading at 32.6% below our estimate of its fair value

Earnings are forecast to grow 50.66% per year

Risk Analysis

Profit margins (0.4%) are lower than last year (0.8%)

Does not have a meaningful market cap (€10M)

Price History & Performance

Summary of all time highs, changes and price drops for Società Editoriale Il Fatto
Historical stock prices
Current Share Price	€0.47
52 Week High	€0.73
52 Week Low	€0.40
Beta	0.078
1 Month Change	-3.26%
3 Month Change	-11.40%
1 Year Change	-16.84%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-33.24%

Shareholder Returns

	ALSEI	FR Media	FR Market
7D	0%	-2.4%	-1.1%
1Y	-16.8%	-28.1%	0.3%

Return vs Industry: ALSEI exceeded the French Media industry which returned -28.1% over the past year.

Return vs Market: ALSEI underperformed the French Market which returned 0.3% over the past year.

Price Volatility

Is ALSEI's price volatile compared to industry and market?
ALSEI volatility
ALSEI Average Weekly Movement	6.5%
Media Industry Average Movement	5.4%
Market Average Movement	6.2%
10% most volatile stocks in FR Market	10.6%
10% least volatile stocks in FR Market	3.6%

Stable Share Price: ALSEI is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 7% a week.

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

About the Company

Founded	Employees	CEO	Website
2009	140	Cinzia Monteverdi	https://www.seif-spa.it

Società Editoriale Il Fatto S.p.A. engages in the publishing of newspaper, books, and magazines in Italy. The company publishes Il Fatto Quotidiano, a monthly magazine; ilfattoquotidiano.it, an online magazine; and FQ MILLENNIUM, a monthly investigative journalism magazine. It also operates TVLOFT, an online platform for the sale of television content.

Società Editoriale Il Fatto Fundamentals Summary

How do Società Editoriale Il Fatto's earnings and revenue compare to its market cap?
ALSEI fundamental statistics
Market Cap	€9.94m
Earnings (TTM)	€168.79k
Revenue (TTM)	€38.51m

59.0x

P/E Ratio

0.3x

P/S Ratio

Is ALSEI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALSEI income statement (TTM)
Revenue	€38.51m
Cost of Revenue	€31.93m
Gross Profit	€6.57m
Other Expenses	€6.41m
Earnings	€168.79k

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	0.0075
Gross Margin	17.07%
Net Profit Margin	0.44%
Debt/Equity Ratio	47.8%

How did ALSEI perform over the long term?

See historical performance and comparison

Valuation

Is Società Editoriale Il Fatto undervalued compared to its fair value and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

32.6%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: ALSEI (€0.47) is trading below our estimate of fair value (€0.7)

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

Price To Earnings Ratio

PE vs Industry: ALSEI is poor value based on its PE Ratio (59x) compared to the French Media industry average (13.8x).

PE vs Market: ALSEI is poor value based on its PE Ratio (59x) compared to the French market (17x).

Price to Earnings Growth Ratio

PEG Ratio: ALSEI is poor value based on its PEG Ratio (1.2x)

Price to Book Ratio

PB vs Industry: ALSEI is overvalued based on its PB Ratio (2.2x) compared to the FR Media industry average (1.7x).

Future Growth

How is Società Editoriale Il Fatto forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

3/6

Future Growth Score 3/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

50.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALSEI's forecast earnings growth (50.7% per year) is above the savings rate (0.3%).

Earnings vs Market: ALSEI's earnings (50.7% per year) are forecast to grow faster than the French market (11.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ALSEI's revenue is expected to decline over the next 3 years (-1.6% per year).

High Growth Revenue: ALSEI's revenue is forecast to decline over the next 3 years (-1.6% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if ALSEI's Return on Equity is forecast to be high in 3 years time

Past Performance

How has Società Editoriale Il Fatto performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-5.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ALSEI has high quality earnings.

Growing Profit Margin: ALSEI's current net profit margins (0.4%) are lower than last year (0.8%).

Past Earnings Growth Analysis

Earnings Trend: ALSEI has become profitable over the past 5 years, growing earnings by -5.3% per year.

Accelerating Growth: ALSEI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ALSEI had negative earnings growth (-43.9%) over the past year, making it difficult to compare to the Media industry average (64.3%).

Return on Equity

High ROE: ALSEI's Return on Equity (3.7%) is considered low.

Financial Health

How is Società Editoriale Il Fatto's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: ALSEI's short term assets (€9.6M) do not cover its short term liabilities (€10.2M).

Long Term Liabilities: ALSEI's short term assets (€9.6M) exceed its long term liabilities (€5.0M).

Debt to Equity History and Analysis

Debt Level: ALSEI has more cash than its total debt.

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

Debt Coverage: ALSEI's debt is well covered by operating cash flow (311.2%).

Interest Coverage: ALSEI's interest payments on its debt are well covered by EBIT (40.2x coverage).

Balance Sheet

Dividend

What is Società Editoriale Il Fatto current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

Dividend Yield vs Market

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

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

Stability and Growth of Payments

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

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

Earnings Payout to Shareholders

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

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ALSEI has not reported any payouts.

Next Steps

Explore strong dividend paying companies in the Media industry.

Management

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

6.3yrs

Average management tenure

CEO

Cinzia Monteverdi (48 yo)

10.25yrs

Tenure

Ms. Cinzia Monteverdi is the Chairwoman of the Board of Directors at Società Editoriale Il Fatto S.p.A. since May 2018 and serves as its President. She is the Chief Executive Officer at Società Editoriale...

Leadership Team

Experienced Management: ALSEI's management team is seasoned and experienced (6.3 years average tenure).

Board Members

Experienced Board: ALSEI's board of directors are not considered experienced ( 2.3 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.

Ownership Breakdown

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

Data	Last Updated (UTC time)
Company Analysis	2022/04/30 00:00
End of Day Share Price	2022/04/29 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31