BIT:EMC

Stock Analysis Report

Executive Summary

Energica Motor Company S.p.A. manufactures and sells racing-bred electric motorcycles in Italy and internationally.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Energica Motor's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EMC's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

1.7%

EMC

-1.0%

IT Auto

1.0%

IT Market


1 Year Return

-27.8%

EMC

-51.1%

IT Auto

-23.7%

IT Market

Return vs Industry: EMC exceeded the Italian Auto industry which returned -52.5% over the past year.

Return vs Market: EMC underperformed the Italian Market which returned -24.5% over the past year.


Shareholder returns

EMCIndustryMarket
7 Day1.7%-1.0%1.0%
30 Day-12.9%-40.6%-21.4%
90 Day-24.2%-49.6%-27.1%
1 Year-27.8%-27.8%-43.7%-51.1%-20.4%-23.7%
3 Year-44.4%-44.4%-21.3%-32.3%-11.2%-20.1%
5 Yearn/a-44.6%-53.0%-23.2%-49.7%

Price Volatility Vs. Market

How volatile is Energica Motor's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Energica Motor undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Energica Motor is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Energica Motor has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of EMC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Energica Motor regulatory filings.
  • Explore potentially undervalued companies in the Automobiles industry.

Future Growth

How is Energica Motor forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.2%

Forecasted Automobiles industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Energica Motor has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Energica Motor performed over the past 5 years?

-36.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EMC is currently unprofitable.

Growing Profit Margin: EMC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EMC is unprofitable, and losses have increased over the past 5 years at a rate of -36.2% per year.

Accelerating Growth: Unable to compare EMC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EMC is unprofitable, making it difficult to compare its past year earnings growth to the Auto industry (1.8%).


Return on Equity

High ROE: EMC has a negative Return on Equity (-166.27%), as it is currently unprofitable.


Next Steps

Financial Health

How is Energica Motor's financial position?


Financial Position Analysis

Short Term Liabilities: EMC's short term assets (€10.4M) exceed its short term liabilities (€10.0M).

Long Term Liabilities: EMC's short term assets (€10.4M) exceed its long term liabilities (€292.6K).


Debt to Equity History and Analysis

Debt Level: EMC's debt to equity ratio (26%) is considered satisfactory.

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


Balance Sheet

Inventory Level: EMC has a high level of physical assets or inventory.

Debt Coverage by Assets: EMC's debt is covered by short term assets (assets are 8.6x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if EMC has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if EMC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Energica Motor's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate EMC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate EMC's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if EMC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EMC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of EMC'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?


CEO

Livia Cevolini (41yo)

6.17s

Tenure

Eng. Livia Cevolini has been Chief Executive Officer of Energica Motor Company S.p.A. since 2014 and serves as its Head of Sales and Marketing. Eng. Cevolini served as head of the Energica project, initial ...


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Energica Motor Company S.p.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Energica Motor Company S.p.A.
  • Ticker: EMC
  • Exchange: BIT
  • Founded:
  • Industry: Motorcycle Manufacturers
  • Sector: Automobiles
  • Market Cap: €31.136m
  • Shares outstanding: 17.11m
  • Website: https://www.energicamotor.com

Location

  • Energica Motor Company S.p.A.
  • Via Cesare della Chiesa, 150
  • Modena
  • Modena
  • 41126
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EMCBIT (Borsa Italiana)YesCommon StockITEURJan 2016
EM8DB (Deutsche Boerse AG)YesCommon StockDEEURJan 2016

Biography

Energica Motor Company S.p.A. manufactures and sells racing-bred electric motorcycles in Italy and internationally. The company is headquartered in Modena, Italy. Energica Motor Company S.p.A. is a subsidiary of CRP Service SRL. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 23:07
End of Day Share Price2020/03/31 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.