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BSS

BiesseBIT:BSS Stock Report

Last Price

€23.24

Market Cap

€636.8m

7D

0.3%

1Y

11.7%

Updated

18 Jan, 2022

Data

Company Financials +
BSS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance3/6
Financial Health6/6
Dividends0/6

BSS Stock Overview

Biesse S.p.A. operates in the market for machinery and systems for processing wood, glass, stone, plastic, metal, and composite material in Western Europe, the Asia-Pacific, Eastern Europe, North America, and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Biesse
Historical stock prices
Current Share Price€23.24
52 Week High€34.14
52 Week Low€19.20
Beta1.85
1 Month Change5.54%
3 Month Change-13.93%
1 Year Change11.73%
3 Year Change12.38%
5 Year Change15.34%
Change since IPO157.94%

Recent News & Updates

Jan 10
At €23.18, Is Biesse S.p.A. (BIT:BSS) Worth Looking At Closely?

At €23.18, Is Biesse S.p.A. (BIT:BSS) Worth Looking At Closely?

Biesse S.p.A. ( BIT:BSS ), is not the largest company out there, but it received a lot of attention from a substantial...

Nov 23
Estimating The Fair Value Of Biesse S.p.A. (BIT:BSS)

Estimating The Fair Value Of Biesse S.p.A. (BIT:BSS)

Does the November share price for Biesse S.p.A. ( BIT:BSS ) reflect what it's really worth? Today, we will estimate the...

Oct 14
We Think Biesse (BIT:BSS) Can Manage Its Debt With Ease

We Think Biesse (BIT:BSS) Can Manage Its Debt With Ease

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

Shareholder Returns

BSSIT MachineryIT Market
7D0.3%-1.5%-0.1%
1Y11.7%43.9%20.3%

Return vs Industry: BSS underperformed the Italian Machinery industry which returned 44.2% over the past year.

Return vs Market: BSS underperformed the Italian Market which returned 21.3% over the past year.

Price Volatility

Is BSS's price volatile compared to industry and market?
BSS volatility
BSS Average Weekly Movement4.8%
Machinery Industry Average Movement4.3%
Market Average Movement4.3%
10% most volatile stocks in IT Market7.1%
10% least volatile stocks in IT Market2.7%

Stable Share Price: BSS is not significantly more volatile than the rest of Italian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: BSS's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19694,367Roberto Selcihttps://www.biesse.com

Biesse S.p.A. operates in the market for machinery and systems for processing wood, glass, stone, plastic, metal, and composite material in Western Europe, the Asia-Pacific, Eastern Europe, North America, and internationally. It operates through five segments: Wood, Glass & Stone, Mechatronics, Tooling, and Components. The company’s Wood segment engages in the production, distribution, installation, and after-sales service of machines and systems for woodworking and composite materials processing.

Biesse Fundamentals Summary

How do Biesse's earnings and revenue compare to its market cap?
BSS fundamental statistics
Market Cap€636.84m
Earnings (TTM)€34.19m
Revenue (TTM)€709.35m

18.6x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BSS income statement (TTM)
Revenue€709.35m
Cost of Revenue€300.05m
Gross Profit€409.30m
Expenses€375.11m
Earnings€34.19m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.25
Gross Margin57.70%
Net Profit Margin4.82%
Debt/Equity Ratio2.6%

How did BSS perform over the long term?

See historical performance and comparison

Valuation

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

3.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BSS (€23.24) is trading below our estimate of fair value (€24.09)

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


Price To Earnings Ratio

PE vs Industry: BSS is poor value based on its PE Ratio (18.6x) compared to the Italian Machinery industry average (18x).

PE vs Market: BSS is good value based on its PE Ratio (18.6x) compared to the Italian market (19.2x).


Price to Earnings Growth Ratio

PEG Ratio: BSS is poor value based on its PEG Ratio (122.3x)


Price to Book Ratio

PB vs Industry: BSS is overvalued based on its PB Ratio (2.6x) compared to the IT Machinery industry average (1.6x).


Future Growth

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

0.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BSS's forecast earnings growth (0.2% per year) is below the savings rate (1.8%).

Earnings vs Market: BSS's earnings (0.2% per year) are forecast to grow slower than the Italian market (11.1% per year).

High Growth Earnings: BSS's earnings are forecast to grow, but not significantly.

Revenue vs Market: BSS's revenue (7.1% per year) is forecast to grow faster than the Italian market (-0.06% per year).

High Growth Revenue: BSS's revenue (7.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BSS's Return on Equity is forecast to be low in 3 years time (12.3%).


Past Performance

How has Biesse performed over the past 5 years?

-18.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BSS has a large one-off gain of €8.9M impacting its September 30 2021 financial results.

Growing Profit Margin: BSS's current net profit margins (4.8%) are higher than last year (0.3%).


Past Earnings Growth Analysis

Earnings Trend: BSS's earnings have declined by 18.8% per year over the past 5 years.

Accelerating Growth: BSS's earnings growth over the past year (1611%) exceeds its 5-year average (-18.8% per year).

Earnings vs Industry: BSS earnings growth over the past year (1611%) exceeded the Machinery industry 68.4%.


Return on Equity

High ROE: BSS's Return on Equity (13.6%) is considered low.


Financial Health

How is Biesse's financial position?


Financial Position Analysis

Short Term Liabilities: BSS's short term assets (€421.1M) exceed its short term liabilities (€261.5M).

Long Term Liabilities: BSS's short term assets (€421.1M) exceed its long term liabilities (€107.9M).


Debt to Equity History and Analysis

Debt Level: BSS has more cash than its total debt.

Reducing Debt: BSS's debt to equity ratio has reduced from 33.2% to 2.6% over the past 5 years.

Debt Coverage: BSS's debt is well covered by operating cash flow (2079.9%).

Interest Coverage: BSS's interest payments on its debt are well covered by EBIT (12.3x coverage).


Balance Sheet


Dividend

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

1.90%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: BSS is not paying a notable dividend for the Italian market.


Future Payout to Shareholders

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

1.0yrs

Average board tenure


CEO

Roberto Selci (61 yo)

2yrs

Tenure

€843,000

Compensation

Mr. Roberto Selci has been Chief Executive Officer of Biesse S.p.A. since May 2018 and serves as its Managing Director. He served as Chief Executive Officer of Biesse S.p.A., the holding company of Biesse...


CEO Compensation Analysis

Compensation vs Market: Roberto's total compensation ($USD955.24K) is about average for companies of similar size in the Italian market ($USD862.02K).

Compensation vs Earnings: Roberto's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: BSS's board of directors are not considered experienced ( 1 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Biesse S.p.A.
  • Ticker: BSS
  • Exchange: BIT
  • Founded: 1969
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Implied Market Cap: €636.836m
  • Shares outstanding: 27.40m
  • Website: https://www.biesse.com

Number of Employees


Location

  • Biesse S.p.A.
  • Via della Meccanica, 16
  • Pesaro
  • Pesaro
  • 61122
  • Italy

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/18 21:15
End of Day Share Price2022/01/18 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.