BIT:BO

Stock Analysis Report

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Executive Summary

Borgosesia S.p.A. primarily invests in non-performing and alternative assets. More Details


Snowflake Analysis

Good value with moderate growth potential.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: BO is less volatile than 75% of Italian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: BO's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

0%

BO

0.7%

IT Industrials

2.8%

IT Market


1 Year Return

5.1%

BO

-0.2%

IT Industrials

-9.5%

IT Market

Return vs Industry: BO exceeded the Italian Industrials industry which returned 0.3% over the past year.

Return vs Market: BO exceeded the Italian Market which returned -9.5% over the past year.


Shareholder returns

BOIndustryMarket
7 Day0%0.7%2.8%
30 Day7.3%5.9%17.1%
90 Day15.0%-2.7%9.7%
1 Year5.1%5.1%10.3%-0.2%-7.0%-9.5%
3 Yearn/a22.7%4.1%0.6%-9.2%
5 Year-11.1%-11.2%70.4%35.3%7.1%-26.5%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

7.36x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BO (€0.52) is trading above our estimate of fair value (€0.38)

Significantly Below Fair Value: BO is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BO is good value based on its PE Ratio (7.4x) compared to the XE Industrials industry average (23.5x).

PE vs Market: BO is good value based on its PE Ratio (7.4x) compared to the Italian market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: BO is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: BO is good value based on its PB Ratio (0.7x) compared to the XE Industrials industry average (1.1x).


Next Steps

Future Growth

How is Borgosesia forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

20.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BO's forecast earnings growth (20.4% per year) is above the savings rate (2%).

Earnings vs Market: BO's earnings (20.4% per year) are forecast to grow slower than the Italian market (24.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BO's revenue (11.2% per year) is forecast to grow faster than the Italian market (3.2% per year).

High Growth Revenue: BO's revenue (11.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if BO's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Borgosesia performed over the past 5 years?

81.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BO has a high level of non-cash earnings.

Growing Profit Margin: BO became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: BO has become profitable over the past 5 years, growing earnings by 81.5% per year.

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

Earnings vs Industry: BO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Industrials industry (4.5%).


Return on Equity

High ROE: BO's Return on Equity (11.7%) is considered low.


Next Steps

Financial Health

How is Borgosesia's financial position?


Financial Position Analysis

Short Term Liabilities: BO's short term assets (€52.4M) exceed its short term liabilities (€16.9M).

Long Term Liabilities: BO's short term assets (€52.4M) exceed its long term liabilities (€27.7M).


Debt to Equity History and Analysis

Debt Level: BO's debt to equity ratio (111%) is considered high.

Reducing Debt: BO's debt to equity ratio has increased from 85.7% to 111% over the past 5 years.

Debt Coverage: BO's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if BO's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

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

6.99%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BO's dividend (6.99%) is higher than the bottom 25% of dividend payers in the Italian market (1.55%).

High Dividend: BO's dividend (6.99%) is in the top 25% of dividend payers in the Italian market (4.75%)


Stability and Growth of Payments

Stable Dividend: Too early to tell whether BO's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if BO's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (51.4%), BO's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

2.4yrs

Average board tenure


CEO

Mauro Girardi (58 yo)

0.42

Tenure

€15,600

Compensation

Mr. Mauro Girardi serves as Chief Executive Officer at Borgosesia S.p.A. since June 2020. He serves as Chairman and Chief Executive Officer of CdR Advance Capital S.p.A. Mr. Girardi has been Chairman of th...


Board Members

NamePositionTenureCompensationOwnership
Mauro Girardi
CEO & Chairman0.42yr€15.60kno data
Davide Schiffer
CEO & Councilor1.42yrsno datano data
Gabriella Tua
Councilor2.42yrs€5.00kno data
Andrea Zanelli
Councilor2.92yrs€5.00k0.25%
€ 51.0k
Alessandro Nadasi
Chairman of the Board of Statutory Auditors4.17yrs€6.93kno data
Flamingo Irene
1.42yrsno datano data
Foglio Andrea
1.83yrsno datano data
Nicla Picchi
Independent Councilor1.33yrsno datano data
Bartolomeo Rota
Councilor1.33yrsno datano data
Emanuela Baj
Independent Councilor2.92yrs€5.00kno data
Matteo Genoni
Councilor2.92yrs€5.00kno data

2.4yrs

Average Tenure

51yo

Average Age

Experienced Board: BO's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


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 been substantially diluted in the past year, with total shares outstanding growing by 266.5%.


Top Shareholders

Company Information

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


Key Information

  • Name: Borgosesia S.p.A.
  • Ticker: BO
  • Exchange: BIT
  • Founded: 1873
  • Industry: Industrial Conglomerates
  • Sector: Capital Goods
  • Market Cap: €20.005m
  • Shares outstanding: 38.15m
  • Website: https://www.borgosesiaspa.com

Location

  • Borgosesia S.p.A.
  • Via Aldo Moro, 3/A
  • Biella
  • Biella
  • 13900
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BOBIT (Borsa Italiana)YesCommon StockITEURJun 1994
BORBIT (Borsa Italiana)Saving SharesITEURJun 1994
0AFMLSE (London Stock Exchange)Saving SharesGBEURJun 1994
0AFLLSE (London Stock Exchange)YesCommon StockGBEURJun 1994
BORMBATS-CHIXE (BATS 'Chi-X Europe')Saving SharesGBEURJun 1994
BOMBATS-CHIXE (BATS 'Chi-X Europe')YesCommon StockGBEURJun 1994

Biography

Borgosesia S.p.A. primarily invests in non-performing and alternative assets. The company invests in real estate and non-real estate assets. It also manages alternative assets on behalf of third-party inve...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 20:30
End of Day Share Price2020/11/26 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.