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

BANM is expensive based on its Price-To-Earnings Ratio (9.2x) compared to the peer average (6.2x).

How does BANM's PE Ratio compare vs other companies in the GB Specialty Retail Industry?

BANM is good value based on its Price-To-Earnings Ratio (9.2x) compared to the UK Specialty Retail industry average (14.7x).

What is BANM'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 BANM's Price-To-Earnings Fair Ratio for valuation analysis.

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

BANM (€5.45) is trading above our estimate of [[fair value]] (€1.51)

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.

BANM Stock Overview

Operates in the sports and casual clothing, footwear, and accessories sectors in Europe, the Americas, Asia, Oceania, the Middle East, and Africa. More details

BANM fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	5/6
Financial Health	3/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (9.2x) is below the UK market (14.6x)

Earnings grew by 47.7% over the past year

Risk Analysis

High level of non-cash earnings

Shares are highly illiquid

Debt is not well covered by operating cash flow

Dividend of 3.24% is not well covered by cash flows

My Notes

Capture your thoughts, links and company narrative

BasicNet S.p.A. Competitors

N Brown Group

AIM:BWNG

UK£185.9m

Shoe Zone

AIM:SHOE

UK£42.8m

Vertu Motors

AIM:VTU

UK£195.5m

Halfords Group

LSE:HFD

UK£291.6m

Price History & Performance

Summary of share price highs, lows and changes for BasicNet
Historical stock prices
Current Share Price	€5.45
52 Week High	€5.45
52 Week Low	€4.56
Beta	1.05
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	49.32%
5 Year Change	42.30%
Change since IPO	155.15%

Recent updates

Shareholder Returns

	BANM	GB Specialty Retail	GB Market
7D	0%	-4.1%	-2.6%
1Y	n/a	-21.2%	2.7%

Return vs Industry: Insufficient data to determine how BANM performed against the UK Specialty Retail industry.

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

Price Volatility

Is BANM's price volatile compared to industry and market?
BANM volatility
BANM Average Weekly Movement	n/a
Specialty Retail Industry Average Movement	4.5%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.5%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: BANM has not had significant price volatility in the past 3 months.

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

About the Company

Founded	Employees	CEO	Website
n/a	900	Federico Trono	www.basic.net

BasicNet S.p.A., together with its subsidiaries, operates in the sports and casual clothing, footwear, and accessories sectors in Europe, the Americas, Asia, Oceania, the Middle East, and Africa. It engages in the development of the value of the brands; and distribution of products through a network of independent licensees. The company offers its products under the brand names Kappa, Robe di Kappa, K-Way, Superga, Briko, Jesus Jeans, Sabelt, and Sebago.

BasicNet S.p.A. Fundamentals Summary

How do BasicNet's earnings and revenue compare to its market cap?
BANM fundamental statistics
Market cap	€277.19m
Earnings (TTM)	€30.04m
Revenue (TTM)	€312.71m

9.2x

P/E Ratio

0.9x

P/S Ratio

Is BANM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BANM income statement (TTM)
Revenue	€312.71m
Cost of Revenue	€188.54m
Gross Profit	€124.17m
Other Expenses	€94.14m
Earnings	€30.04m

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

Jul 28, 2023

Earnings per share (EPS)	0.60
Gross Margin	39.71%
Net Profit Margin	9.61%
Debt/Equity Ratio	77.9%

How did BANM perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

30%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/05/27 03:12
End of Day Share Price	2023/02/27 00:00
Earnings	2022/12/31
Annual Earnings	2022/12/31

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

BasicNet S.p.A. is covered by 1 analysts. 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
Giada Cabrino	Banca Akros S.p.A. (ESN)