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

TISGM is good value based on its Price-To-Earnings Ratio (7.7x) compared to the peer average (20.3x).

How does TISGM's PE Ratio compare vs other companies in the European Leisure Industry?

TISGM is good value based on its Price-To-Earnings Ratio (7.7x) compared to the Global Leisure industry average (18.4x).

What is TISGM'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.

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

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

TISGM (€8.27) is trading below our estimate of [[fair value]] (€19.43)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

TISGM Stock Overview

Operates in the luxury yachting industry. More details

TISGM fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	3/6
Past Performance	5/6
Financial Health	6/6
Dividends	2/6

Rewards

Trading at 57.4% below our estimate of its fair value

Earnings are forecast to grow 10.14% per year

Earnings grew by 52.9% over the past year

Risk Analysis

High level of non-cash earnings

Shares are highly illiquid

Dividend of 5.06% is not well covered by free cash flows

My Notes

Capture your thoughts, links and company narrative

The Italian Sea Group S.p.A. Competitors

Character Group

AIM:CCT

UK£51.3m

Games Workshop Group

LSE:GAW

UK£4.3b

Henry Boot

LSE:BOOT

UK£307.4m

MJ Gleeson

LSE:GLE

UK£298.9m

Price History & Performance

Summary of share price highs, lows and changes for Italian Sea Group
Historical stock prices
Current Share Price	€8.27
52 Week High	€9.06
52 Week Low	€8.27
Beta	1.01
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	30.85%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	TISGM	GB Leisure	GB Market
7D	0%	-6.5%	-2.6%
1Y	n/a	29.4%	2.4%

Return vs Industry: Insufficient data to determine how TISGM performed against the UK Leisure industry.

Return vs Market: Insufficient data to determine how TISGM performed against the UK Market.

Price Volatility

Is TISGM's price volatile compared to industry and market?
TISGM volatility
TISGM Average Weekly Movement	n/a
Leisure Industry Average Movement	4.8%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.6%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: TISGM's share price has been volatile over the past 3 months compared to the UK market.

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

About the Company

Founded	Employees	CEO	Website
1942	733	Giovanni Costantino	theitalianseagroup.com

The Italian Sea Group S.p.A. operates in the luxury yachting industry. It is involved in the design, production and marketing of yachts and super yachts, motor, and sailing, made of fiberglass, aluminum and steel that ranges between 20 and over 100 meters under the Admiral, Tecnomar, Perini Navi, and Picchiotti brands. The company also offers refit services with a focus on motor and sailing yachts under the NCA Refit brand.

The Italian Sea Group S.p.A. Fundamentals Summary

How do Italian Sea Group's earnings and revenue compare to its market cap?
TISGM fundamental statistics
Market cap	€387.43m
Earnings (TTM)	€50.08m
Revenue (TTM)	€412.46m

7.7x

P/E Ratio

0.9x

P/S Ratio

Is TISGM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TISGM income statement (TTM)
Revenue	€412.46m
Cost of Revenue	€239.02m
Gross Profit	€173.44m
Other Expenses	€123.37m
Earnings	€50.08m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.94
Gross Margin	42.05%
Net Profit Margin	12.14%
Debt/Equity Ratio	40.1%

How did TISGM perform over the long term?

See historical performance and comparison

Dividends

5.1%

Current Dividend Yield

39%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 23:32
End of Day Share Price	2024/10/29 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

The Italian Sea Group S.p.A. is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Fraser Donlon	Berenberg
Remi Grenu	Berenberg
Anna Frontani	Berenberg