How does 0ROY's PE Ratio compare to its peers?

0ROY is expensive based on its Price-To-Earnings Ratio (22.4x) compared to the peer average (20.7x).

How does 0ROY's PE Ratio compare vs other companies in the European Beverage Industry?

0ROY is expensive based on its Price-To-Earnings Ratio (22.4x) compared to the European Beverage industry average (17x).

What is 0ROY'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.

0ROY is expensive based on its Price-To-Earnings Ratio (22.4x) compared to the estimated Fair Price-To-Earnings Ratio (21.7x).

What is the Fair Price of 0ROY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

0ROY (€10.12) is trading below our estimate of [[fair value]] (€13.58)

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

Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

Davide Campari-Milano (LSE:0ROY) - Stock Price, News & Analysis

0ROY Stock Overview

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

Rewards

Trading at 25.5% below our estimate of its fair value

Earnings are forecast to grow 15.75% per year

Risk Analysis

Debt is not well covered by operating cash flow

Volatile share price over the past 3 months compared to the UK market

Shareholders have been diluted in the past year

Profit margins (10.3%) are lower than last year (17.5%)

Davide Campari-Milano N.V. Competitors

Diageo

LSE:DGE

UK£52.5b

Britvic

LSE:BVIC

UK£3.2b

Coca-Cola HBC

LSE:CCH

UK£10.2b

Tate & Lyle

LSE:TATE

UK£3.2b

Price History & Performance

Summary of all time highs, changes and price drops for Davide Campari-Milano
Historical stock prices
Current Share Price	€10.12
52 Week High	€10.43
52 Week Low	€5.55
Beta	0.61
11 Month Change	30.25%
3 Month Change	20.71%
1 Year Change	-0.63%
33 Year Change	-21.21%
5 Year Change	23.89%
Change since IPO	445.58%

Recent updates

Shareholder Returns

	0ROY	GB Beverage	GB Market
7D	77.2%	0.4%	1.7%
1Y	-0.6%	-8.1%	8.4%

Return vs Industry: 0ROY exceeded the UK Beverage industry which returned -8.1% over the past year.

Return vs Market: 0ROY underperformed the UK Market which returned 8.4% over the past year.

Price Volatility

Is 0ROY's price volatile compared to industry and market?
0ROY volatility
0ROY Average Weekly Movement	7.2%
Beverage Industry Average Movement	3.1%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.3%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: 0ROY's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: 0ROY's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

Founded	Employees	CEO	Website
1860	5,000	Paolo Marchesini	www.camparigroup.com

Davide Campari-Milano N.V., together with its subsidiaries, markets and distributes alcoholic and non-alcoholic beverages in the Americas, the Middle East, Africa, Europe, and the Asia-Pacific. It offers a range of spirits categories, including aperitif, vodka, liqueurs, whisky, tequila, rum, Sparkling wine, mezcal, champagne, gin, and cognac, as well as ready to drink and non-alcoholic aperitif under the Aperol, Campari, SKYY, Wild Turkey, Grand Marnier, Jamaican Rums, Espolòn, Sparkling Wine&Vermouth, Crodino, The GlenGrant, Magnum Tonic Wine, Montelobos, Ancho Reyes, Lallier, Forty Creek, X-Rated, and other brands. Davide Campari-Milano N.V. was founded in 1860 and is headquartered in Sesto San Giovanni, Italy.

Davide Campari-Milano N.V. Fundamentals Summary

How do Davide Campari-Milano's earnings and revenue compare to its market cap?
0ROY fundamental statistics
Market cap	€6.79b
Earnings (TTM)	€308.30m
Revenue (TTM)	€2.99b

22.4x

P/E Ratio

2.3x

P/S Ratio

Is 0ROY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0ROY income statement (TTM)
Revenue	€2.99b
Cost of Revenue	€1.26b
Gross Profit	€1.73b
Other Expenses	€1.42b
Earnings	€308.30m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.26
Gross Margin	57.77%
Net Profit Margin	10.30%
Debt/Equity Ratio	82.5%

How did 0ROY perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

23%

Payout Ratio

0ROY Stock Overview

Rewards

Risk Analysis

Davide Campari-Milano N.V. Competitors

LSE:DGE

UK£52.5b

LSE:BVIC

UK£3.2b

LSE:CCH

UK£10.2b

LSE:TATE

UK£3.2b

Price History & Performance

Recent News & Updates

New minor risk - Profit margin trend

Non-Executive Chairman recently bought €19m worth of stock

Investor sentiment deteriorates as stock falls 18%

Now 30% undervalued after recent price drop

Davide Campari-Milano N.V. (BIT:CPR) announces an Equity Buyback for €40 million worth of its shares.

Davide Campari-Milano N.V. (BIT:CPR) acquired 14.60% stake in Capevin Holdings Proprietary Limited for £69.6 million.

Recent updates

New minor risk - Profit margin trend

Non-Executive Chairman recently bought €19m worth of stock

Investor sentiment deteriorates as stock falls 18%

Now 30% undervalued after recent price drop

Davide Campari-Milano N.V. (BIT:CPR) announces an Equity Buyback for €40 million worth of its shares.

Davide Campari-Milano N.V. (BIT:CPR) acquired 14.60% stake in Capevin Holdings Proprietary Limited for £69.6 million.

Second quarter 2024 earnings released: EPS: €0.062 (vs €0.074 in 2Q 2023)

Non-Executive Chairman recently sold €788k worth of stock

Davide Campari-Milano N.V. completed the acquisition of Courvoisier S.A.S. from Beam Suntory Inc for approximately €1.2 billion.

Upcoming dividend of €0.065 per share

Dividend increased to €0.065

Davide Campari-Milano N.V. signed an agreement to acquire the 100% stake in Courvoisier S.A.S. from Beam Suntory Inc for approximately $1.30 billion.

Full year 2023 earnings released: EPS: €0.29 (vs €0.30 in FY 2022)

New minor risk - Shareholder dilution

Davide Campari-Milano N.V. announced that it has received €1.200000005 billion in funding

Davide Campari-Milano N.V. announced that it has received €1.200000005 billion in funding

Investor sentiment deteriorates as stock falls 16%

Investor sentiment deteriorates as stock falls 17%

Davide Campari-Milano N.V. to Report Fiscal Year 2023 Results on Feb 27, 2024

First half 2023 earnings released

Investor sentiment deteriorates as stock falls 18%

Investor sentiment deteriorates as stock falls 19%

Investor sentiment deteriorates as stock falls 19%

Investor sentiment deteriorates as stock falls 19%

Investor sentiment deteriorates as stock falls 17%

Investor sentiment deteriorates as stock falls 16%

Campari Pays Homage to Milano Through the Launch of the Iconic New Bottle Inspired by Its Home

Upcoming dividend of €0.06 per share at 0.5% yield

Executive MD recently sold €660k worth of stock

Full year 2022 earnings released: EPS: €0.30 (vs €0.25 in FY 2021)

Davide Campari-Milano N.V. to Report Q1, 2023 Results on May 02, 2023

Less than half of directors are independent

Non-Executive Chairman recently bought €1.0m worth of stock

Davide Campari-Milano N.V. (BIT:CPR) agreed to acquire 70% stake in Wilderness Trail Distillery, LLC from Shane Baker and Pat Heist for approximately $420 million.

Investor sentiment improved over the past week

Davide Campari-Milano N.V. (BIT:CPR) acquired a minority stake in Catalyst Spirits Inc.

Espolòn(R) Tequila Unveils Cristalino: an Elevated and Crystal Clear Addition to Their Portfolio

Non-Executive Director recently bought €56k worth of stock

Non-Executive Director recently bought €99k worth of stock

Davide Campari-Milano N.V. (BIT:CPR) acquired 15% stake in Wooler Brands, Inc. from Catalyst Spirits for $115 million.

Non-Executive Director recently bought €52k worth of stock

Non-Executive Chairman recently bought €5.2m worth of stock

Davide Campari-Milano N.V., Annual General Meeting, Apr 13, 2023

First half 2022 earnings released

Non-Executive Chairman recently bought €8.2m worth of stock

Davide Campari-Milano N.V. (BIT:CPR) acquired Picon Brand and Related Assets of Diageo plc (LSE:DGE) for €120 million

Non-Executive Director recently bought €51k worth of stock

Less than half of directors are independent

Upcoming dividend of €0.06 per share

Non-Executive Chairman recently bought €1.9m worth of stock

Non-Executive Chairman recently bought €8.0m worth of stock

Non-Executive Chairman recently bought €6.4m worth of stock

Investor sentiment improved over the past week

Non-Executive Chairman recently bought €5.4m worth of stock

Non-Executive Director recently bought €95k worth of stock

Full year 2021 earnings: Revenues in line with analyst expectations

Davide Campari-Milano N.V. to Report Q1, 2022 Results on May 03, 2022

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week