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ALME

Mexedia Società Per Azioni S.B ENXTPA:ALMEX Stock Report

Last Price

€45.00

Market Cap

€256.5m

7D

0%

1Y

n/a

Updated

29 Jun, 2022

Data

Company Financials +
ALMEX fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance1/6
Financial Health3/6
Dividends0/6

ALMEX Stock Overview

Airtime Partecipazioni S.p.A. provides wholesale telecommunications services.

Mexedia Società Per Azioni S.B Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mexedia Società Per Azioni S.B
Historical stock prices
Current Share Price€45.00
52 Week High€85.00
52 Week Low€10.00
Beta0
1 Month Change-10.00%
3 Month Change-33.11%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO497.06%

Recent News & Updates

May 14
Estimating The Intrinsic Value Of Airtime Partecipazioni S.p.A. (EPA:ALAIR)

Estimating The Intrinsic Value Of Airtime Partecipazioni S.p.A. (EPA:ALAIR)

How far off is Airtime Partecipazioni S.p.A. ( EPA:ALAIR ) from its intrinsic value? Using the most recent financial...

Shareholder Returns

ALMEXFR TelecomFR Market
7D0%1.7%2.2%
1Yn/a-0.3%-10.6%

Return vs Industry: Insufficient data to determine how ALMEX performed against the French Telecom industry.

Return vs Market: Insufficient data to determine how ALMEX performed against the French Market.

Price Volatility

Is ALMEX's price volatile compared to industry and market?
ALMEX volatility
ALMEX Average Weekly Movementn/a
Telecom Industry Average Movement4.1%
Market Average Movement4.9%
10% most volatile stocks in FR Market9.1%
10% least volatile stocks in FR Market2.9%

Stable Share Price: Insufficient data to determine ALMEX's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine ALMEX's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
20177n/ahttps://www.airtimepartecipazioni.com

Airtime Partecipazioni S.p.A. provides wholesale telecommunications services. It provides an B2B voice and SMS trading solution with fintech modules that enable direct bank account integration and receivables auctioning. The company also offers Airtime Exchange software for the trading, operation, monitoring, and settlement of telecommunications VoIP and SMS traffic.

Mexedia Società Per Azioni S.B Fundamentals Summary

How do Mexedia Società Per Azioni S.B's earnings and revenue compare to its market cap?
ALMEX fundamental statistics
Market Cap€256.50m
Earnings (TTM)€2.96m
Revenue (TTM)€131.80m

86.7x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALMEX income statement (TTM)
Revenue€131.80m
Cost of Revenue€121.59m
Gross Profit€10.21m
Other Expenses€7.26m
Earnings€2.96m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.52
Gross Margin7.75%
Net Profit Margin2.24%
Debt/Equity Ratio41.4%

How did ALMEX perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is ALMEX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ALMEX?

Other financial metrics that can be useful for relative valuation.

ALMEX key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.1x
Enterprise Value/EBITDA39x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does ALMEX's PE Ratio compare to its peers?

ALMEX PE Ratio vs Peers
The above table shows the PE ratio for ALMEX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average955.9x
ORA Orange
3752x22.8%€29.9b
BALI Bali Towerindo Sentra
16.5xn/aRp3.4t
GO GO
31.7xn/a€314.1m
FIQE3 Unifique Telecomunicações
11.8x22.5%R$1.1b
ALMEX Mexedia Società Per Azioni S.B
86.7xn/a€256.5m

Price-To-Earnings vs Peers: ALMEX is good value based on its Price-To-Earnings Ratio (86.7x) compared to the peer average (955.9x).


Price to Earnings Ratio vs Industry

How does ALMEX's PE Ratio compare vs other companies in the European Telecom Industry?

Price-To-Earnings vs Industry: ALMEX is expensive based on its Price-To-Earnings Ratio (86.7x) compared to the European Telecom industry average (15x)


Price to Earnings Ratio vs Fair Ratio

What is ALMEX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ALMEX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio86.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ALMEX's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of ALMEX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ALMEX (€45) is trading below our estimate of fair value (€50.04)

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


Price to Earnings Growth Ratio

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


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Future Growth

How is Mexedia Società Per Azioni S.B forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


18.6%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if ALMEX's forecast earnings growth is above the savings rate (0.3%).

Earnings vs Market: Insufficient data to determine if ALMEX's earnings are forecast to grow faster than the French market

High Growth Earnings: Insufficient data to determine if ALMEX's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ALMEX's revenue (18.6% per year) is forecast to grow faster than the French market (5.9% per year).

High Growth Revenue: ALMEX's revenue (18.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


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Past Performance

How has Mexedia Società Per Azioni S.B performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-25.0%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: ALMEX has high quality earnings.

Growing Profit Margin: ALMEX's current net profit margins (2.2%) are lower than last year (2.9%).


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if ALMEX's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare ALMEX's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.

Earnings vs Industry: ALMEX had negative earnings growth (-25%) over the past year, making it difficult to compare to the Telecom industry average (22.4%).


Return on Equity

High ROE: ALMEX's Return on Equity (5.1%) is considered low.


Discover strong past performing companies

Financial Health

How is Mexedia Società Per Azioni S.B's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ALMEX's short term assets (€30.2M) exceed its short term liabilities (€27.3M).

Long Term Liabilities: ALMEX's short term assets (€30.2M) exceed its long term liabilities (€25.0K).


Debt to Equity History and Analysis

Debt Level: ALMEX's net debt to equity ratio (31.7%) is considered satisfactory.

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

Debt Coverage: ALMEX's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: ALMEX's interest payments on its debt are not well covered by EBIT (2.5x coverage).


Balance Sheet


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Dividend

What is Mexedia Società Per Azioni S.B 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 ALMEX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

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

Growing Dividend: Insufficient data to determine if ALMEX'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 ALMEX has not reported any payouts.


Discover strong dividend paying companies

Management

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


CEO

Mexedia Società Per Azioni S.B has no CEO, or we have no data on them.


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: ALMEX only recently listed within the past 12 months.


Top Shareholders

Company Information

Mexedia Società Per Azioni S.B.'s employee growth, exchange listings and data sources


Key Information

  • Name: Mexedia Società Per Azioni S.B.
  • Ticker: ALMEX
  • Exchange: ENXTPA
  • Founded: 2017
  • Industry: Integrated Telecommunication Services
  • Sector: Telecom
  • Implied Market Cap: €256.500m
  • Shares outstanding: 5.70m
  • Website: https://www.airtimepartecipazioni.com

Number of Employees


Location

  • Mexedia Società Per Azioni S.B.
  • Via Di Affogalasino 105
  • Rome
  • Rome
  • 148
  • Italy

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/29 00:00
End of Day Share Price2022/05/31 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.