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BE

Beghelli BIT:BE Stock Report

Last Price

€0.36

Market Cap

€72.4m

7D

-1.6%

1Y

4.8%

Updated

15 Aug, 2022

Data

Company Financials +
BE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance2/6
Financial Health5/6
Dividends0/6

BE Stock Overview

Beghelli S.p.A. manufactures and sells various energy saving lighting products, electronic systems for domestic and industrial safety, and components for the photovoltaic power production in Italy and internationally.

Beghelli Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Beghelli
Historical stock prices
Current Share Price€0.36
52 Week High€0.50
52 Week Low€0.28
Beta1.2
1 Month Change-0.41%
3 Month Change-8.67%
1 Year Change4.76%
3 Year Change55.34%
5 Year Change-17.44%
Change since IPO-88.68%

Recent News & Updates

Apr 02
Beghelli's (BIT:BE) Performance Is Even Better Than Its Earnings Suggest

Beghelli's (BIT:BE) Performance Is Even Better Than Its Earnings Suggest

Even though Beghelli S.p.A.'s ( BIT:BE ) recent earnings release was robust, the market didn't seem to notice. Our...

Mar 23
What Is Beghelli S.p.A.'s (BIT:BE) Share Price Doing?

What Is Beghelli S.p.A.'s (BIT:BE) Share Price Doing?

Beghelli S.p.A. ( BIT:BE ), might not be a large cap stock, but it received a lot of attention from a substantial price...

Shareholder Returns

BEIT ElectricalIT Market
7D-1.6%2.4%1.7%
1Y4.8%1.6%-16.0%

Return vs Industry: BE exceeded the Italian Electrical industry which returned 1.6% over the past year.

Return vs Market: BE exceeded the Italian Market which returned -16% over the past year.

Price Volatility

Is BE's price volatile compared to industry and market?
BE volatility
BE Average Weekly Movement2.6%
Electrical Industry Average Movement4.8%
Market Average Movement4.9%
10% most volatile stocks in IT Market7.7%
10% least volatile stocks in IT Market3.1%

Stable Share Price: BE is less volatile than 75% of Italian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: BE's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19821,087Gian Beghellihttps://www.beghelli.com

Beghelli S.p.A. manufactures and sells various energy saving lighting products, electronic systems for domestic and industrial safety, and components for the photovoltaic power production in Italy and internationally. The company offers emergency luminaires, exit signs, LED modules with inverters, inverters, ceiling suspended systems, downlights, indoor and outdoor louvres, industrial and street lightings, building automation lightings, projectors, floodlights, row systems, reglettes, and portable lights, as well as anti black-out and LED lamps; batteries; and building automation emergency, recessed and ceiling, and wall and ceiling products. It also offers helpline, after-sale, and case study services.

Beghelli Fundamentals Summary

How do Beghelli's earnings and revenue compare to its market cap?
BE fundamental statistics
Market Cap€72.41m
Earnings (TTM)€3.11m
Revenue (TTM)€149.26m

23.3x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BE income statement (TTM)
Revenue€149.26m
Cost of Revenue€64.99m
Gross Profit€84.27m
Other Expenses€81.16m
Earnings€3.11m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.016
Gross Margin56.46%
Net Profit Margin2.08%
Debt/Equity Ratio66.4%

How did BE perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is BE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BE?

Other financial metrics that can be useful for relative valuation.

BE key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.8x
Enterprise Value/EBITDA14.5x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

BE PE Ratio vs Peers
The above table shows the PE ratio for BE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average22.6x
ATON ATON Green Storage
19.4xn/a€48.0m
IRC IRCE
8x29.1%€61.8m
CMB Cembre
16.3xn/a€454.3m
ENT Enertronica Santerno
46.6xn/a€6.5m
BE Beghelli
23.3xn/a€72.4m

Price-To-Earnings vs Peers: BE is expensive based on its Price-To-Earnings Ratio (23.3x) compared to the peer average (22.6x).


Price to Earnings Ratio vs Industry

How does BE's PE Ratio compare vs other companies in the European Electrical Industry?

Price-To-Earnings vs Industry: BE is expensive based on its Price-To-Earnings Ratio (23.3x) compared to the Italian Electrical industry average (20.2x)


Price to Earnings Ratio vs Fair Ratio

What is BE'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.

BE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio23.3x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: BE (€0.36) is trading below our estimate of fair value (€0.42)

Significantly Below Fair Value: BE is trading below fair value, but not by a significant amount.


Analyst Price Targets

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

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


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Future Growth

How is Beghelli forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


1.3%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if BE's forecast earnings growth is above the savings rate (1.7%).

Earnings vs Market: Insufficient data to determine if BE's earnings are forecast to grow faster than the Italian market

High Growth Earnings: Insufficient data to determine if BE's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BE's revenue (1.3% per year) is forecast to grow faster than the Italian market (-0.1% per year).

High Growth Revenue: BE's revenue (1.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BE's Return on Equity is forecast to be low in 3 years time (6.3%).


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Past Performance

How has Beghelli performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-26.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BE has a large one-off gain of €1.5M impacting its December 31 2021 financial results.

Growing Profit Margin: BE became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: BE has become profitable over the past 5 years, growing earnings by -26% per year.

Accelerating Growth: BE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electrical industry (23.7%).


Return on Equity

High ROE: BE's Return on Equity (3.7%) is considered low.


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Financial Health

How is Beghelli's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: BE's short term assets (€150.1M) exceed its short term liabilities (€90.8M).

Long Term Liabilities: BE's short term assets (€150.1M) exceed its long term liabilities (€56.5M).


Debt to Equity History and Analysis

Debt Level: BE's net debt to equity ratio (31.7%) is considered satisfactory.

Reducing Debt: BE's debt to equity ratio has reduced from 88.3% to 66.4% over the past 5 years.

Debt Coverage: BE's debt is well covered by operating cash flow (32.8%).

Interest Coverage: BE's interest payments on its debt are not well covered by EBIT (2.2x coverage).


Balance Sheet


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Dividend

What is Beghelli current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


8.25%

Forecast Dividend Yield

Dividend Yield vs Market

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

High Dividend: Unable to evaluate BE'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 BE's dividends per share have been stable in the past.

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


Earnings Payout to Shareholders

Earnings Coverage: BE is not paying a notable dividend for the Italian market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as BE has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

€198k

CEO Compensation


CEO

Gian Beghelli

no data

Tenure

€197,577

Compensation

Mr. Gian Pietro Beghelli serves as the Chief Executive Officer at Beghelli SpA. and serves as its Chairman of the Board of Directors. Mr. Beghelli served as the President and General Manager of Beghelli Sp...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Gian's total compensation is reasonable compared to companies of similar size in the Italian market.

Compensation vs Earnings: Insufficient data to compare Gian's compensation with company performance.


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

Beghelli S.p.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Beghelli S.p.A.
  • Ticker: BE
  • Exchange: BIT
  • Founded: 1982
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Implied Market Cap: €72.414m
  • Shares outstanding: 199.21m
  • Website: https://www.beghelli.com

Number of Employees


Location

  • Beghelli S.p.A.
  • Via Mozzeghine, 13/15
  • Valsamoggia
  • Monteveglio
  • Bologna
  • 40053
  • Italy

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/15 00:00
End of Day Share Price2022/08/12 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.