Brembo
Market Cap
€3.6b
Last Updated
2020/11/24 21:05 UTC
Data Sources
Company Financials +
Executive Summary
Brembo S.p.A., together with its subsidiaries, designs, develops, and produces braking systems and components under the Brembo Racing, AP Racing, and Marchesini brands for cars, motorbikes, and industrial vehicles and machinery. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with reasonable growth potential.
Similar Companies
Share Price & News
How has Brembo's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BRE is not significantly more volatile than the rest of Italian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: BRE's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
7.2%
BRE
5.4%
IT Auto Components
2.8%
IT Market
1 Year Return
1.1%
BRE
-9.4%
IT Auto Components
-9.9%
IT Market
Return vs Industry: BRE exceeded the Italian Auto Components industry which returned -13.2% over the past year.
Return vs Market: BRE exceeded the Italian Market which returned -10.9% over the past year.
Shareholder returns
| BRE | Industry | Market | |
|---|---|---|---|
| 7 Day | 7.2% | 5.4% | 2.8% |
| 30 Day | 15.0% | 15.3% | 13.3% |
| 90 Day | 39.3% | 24.9% | 7.9% |
| 1 Year | 1.1%1.1% | -7.4%-9.4% | -7.4%-9.9% |
| 3 Year | -10.7%-14.3% | -33.0%-37.9% | 1.2%-8.6% |
| 5 Year | 36.0%26.8% | -16.4%-26.7% | 4.7%-28.1% |
Long-Term Price Volatility Vs. Market
How volatile is Brembo's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Results: Brembo S.p.A. Beat Earnings Expectations And Analysts Now Have New Forecasts3 weeks ago | Simply Wall St
What Type Of Returns Would Brembo's(BIT:BRE) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?1 month ago | Simply Wall St
Returns On Capital At Brembo (BIT:BRE) Paint An Interesting PictureValuation
Is Brembo undervalued compared to its fair value and its price relative to the market?
28.68x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BRE (€11.21) is trading above our estimate of fair value (€6.59)
Significantly Below Fair Value: BRE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BRE is poor value based on its PE Ratio (28.7x) compared to the XE Auto Components industry average (25.2x).
PE vs Market: BRE is poor value based on its PE Ratio (28.7x) compared to the Italian market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: BRE is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: BRE is overvalued based on its PB Ratio (2.7x) compared to the XE Auto Components industry average (1.3x).
Next Steps
Future Growth
How is Brembo forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
30.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BRE's forecast earnings growth (30.6% per year) is above the savings rate (2%).
Earnings vs Market: BRE's earnings (30.6% per year) are forecast to grow faster than the Italian market (24.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BRE's revenue (8% per year) is forecast to grow faster than the Italian market (3.4% per year).
High Growth Revenue: BRE's revenue (8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BRE's Return on Equity is forecast to be low in 3 years time (11.7%).
Next Steps
Past Performance
How has Brembo performed over the past 5 years?
-2.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BRE has high quality earnings.
Growing Profit Margin: BRE's current net profit margins (5.7%) are lower than last year (8.5%).
Past Earnings Growth Analysis
Earnings Trend: BRE's earnings have declined by 2.3% per year over the past 5 years.
Accelerating Growth: BRE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BRE had negative earnings growth (-43.4%) over the past year, making it difficult to compare to the Auto Components industry average (-43.4%).
Return on Equity
High ROE: BRE's Return on Equity (9.2%) is considered low.
Next Steps
Financial Health
How is Brembo's financial position?
Financial Position Analysis
Short Term Liabilities: BRE's short term assets (€1.4B) exceed its short term liabilities (€915.1M).
Long Term Liabilities: BRE's short term assets (€1.4B) exceed its long term liabilities (€814.9M).
Debt to Equity History and Analysis
Debt Level: BRE's debt to equity ratio (62.6%) is considered high.
Reducing Debt: BRE's debt to equity ratio has reduced from 67.5% to 62.6% over the past 5 years.
Debt Coverage: BRE's debt is well covered by operating cash flow (34.5%).
Interest Coverage: BRE's interest payments on its debt are well covered by EBIT (12.9x coverage).
Balance Sheet
Next Steps
Dividend
What is Brembo current dividend yield, its reliability and sustainability?
1.57%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BRE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BRE'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 BRE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BRE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: BRE is not paying a notable dividend for the Italian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BRE's dividend in 3 years as they are not forecast to pay a notable one for the Italian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
11.6yrs
Average management tenure
CEO
Daniele Schillaci
1.33yrs
Tenure
Mr. Daniele Schillaci has been Chief Executive Officer, Managing Director ?& Director at Brembo S.p.A. since July 1, 2019. Mr. Schillaci served as an Executive Vice President of Global Marketing and Sales,...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & President | 27.83yrs | €5.20m | no data | |
| Executive Deputy Chairman | 9.42yrs | €3.41m | no data | |
| Chief CSR Officer & Executive Director | 23.83yrs | €195.55k | no data | |
| CEO, MD & Director | 1.33yrs | no data | no data | |
| Chief Legal & Corporate Affairs Officer and Company Secretary | 11.75yrs | no data | no data | |
| Chief Internal Audit Officer | no data | no data | no data |
11.6yrs
Average Tenure
Experienced Management: BRE's management team is seasoned and experienced (11.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & President | 27.83yrs | €5.20m | no data | |
| Executive Deputy Chairman | 9.42yrs | €3.41m | no data | |
| Chief CSR Officer & Executive Director | 23.83yrs | €195.55k | no data | |
| CEO, MD & Director | 1.33yrs | no data | no data | |
| Independent & Non-Executive Director | 9.83yrs | €45.00k | no data | |
| Non-Executive Director | 20.83yrs | €55.00k | no data | |
| Lead Independent Director | 3.58yrs | no data | no data | |
| Independent & Non-Executive Director | no data | no data | no data | |
| President of Board of Statutory Auditors | 6.5yrs | €61.73k | no data | |
| Independent & Non-Executive Director | 3.58yrs | no data | no data | |
| Independent Director | 0.58yr | no data | no data | |
| Independent Director | 0.58yr | no data | no data |
6.5yrs
Average Tenure
67.5yo
Average Age
Experienced Board: BRE's board of directors are considered experienced (6.5 years average tenure).
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.
Top Shareholders
Company Information
Brembo S.p.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Brembo S.p.A.
- Ticker: BRE
- Exchange: BIT
- Founded: 1961
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: €3.631b
- Shares outstanding: 323.89m
- Website: https://www.brembo.com
Number of Employees
Location
- Brembo S.p.A.
- Kilometro Rosso Science & Tech Park
- Viale Europa, 2
- Stezzano
- Bergamo
- 24040
- Italy
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BRE | BIT (Borsa Italiana) | Yes | Ordinary Shares | IT | EUR | Jul 1995 |
| 0RPV | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Jul 1995 |
| BRBO.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jul 1995 |
| BREM | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Jul 1995 |
| BRCA | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jul 1995 |
| BRE | WBAG (Wiener Boerse AG) | Yes | Ordinary Shares | AT | EUR | Jul 1995 |
Biography
Brembo S.p.A., together with its subsidiaries, designs, develops, and produces braking systems and components under the Brembo Racing, AP Racing, and Marchesini brands for cars, motorbikes, and industrial ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/24 21:05 |
| End of Day Share Price | 2020/11/24 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.