BIT:CFT

Stock Analysis Report

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Executive Summary

CFT S.p.A designs and installs plant and machinery for the food industry in Italy and internationally. More Details


Snowflake Analysis

Good value with reasonable growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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

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


Market Performance


7 Day Return

3.8%

CFT

0.09%

IT Machinery

2.8%

IT Market


1 Year Return

-38.0%

CFT

-1.3%

IT Machinery

-9.5%

IT Market

Return vs Industry: CFT underperformed the Italian Machinery industry which returned 1.2% over the past year.

Return vs Market: CFT underperformed the Italian Market which returned -9.5% over the past year.


Shareholder returns

CFTIndustryMarket
7 Day3.8%0.09%2.8%
30 Day-3.3%8.9%17.1%
90 Day-23.8%12.1%9.7%
1 Year-38.0%-38.0%-0.6%-1.3%-7.0%-9.5%
3 Yearn/a-13.0%-16.0%0.6%-9.2%
5 Yearn/a62.1%51.3%7.1%-26.5%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

27.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CFT (€1.94) is trading below our estimate of fair value (€2.66)

Significantly Below Fair Value: CFT is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CFT is poor value based on its PE Ratio (32.5x) compared to the IT Machinery industry average (16.8x).

PE vs Market: CFT is poor value based on its PE Ratio (32.5x) compared to the Italian market (18.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CFT is good value based on its PB Ratio (0.7x) compared to the IT Machinery industry average (1.3x).


Next Steps

Future Growth

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

85.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CFT's forecast earnings growth (85.3% per year) is above the savings rate (2%).

Earnings vs Market: CFT's earnings (85.3% per year) are forecast to grow faster 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: CFT's revenue (4.6% per year) is forecast to grow faster than the Italian market (3.2% per year).

High Growth Revenue: CFT's revenue (4.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CFT's Return on Equity is forecast to be low in 3 years time (6%).


Next Steps

Past Performance

How has CFT performed over the past 5 years?

-23.5%

Historical annual earnings growth


Earnings and Revenue History

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

Growing Profit Margin: CFT's current net profit margins (0.5%) are higher than last year (0.3%).


Past Earnings Growth Analysis

Earnings Trend: CFT's earnings have declined by 23.5% per year over the past 5 years.

Accelerating Growth: CFT's earnings growth over the past year (28.5%) exceeds its 5-year average (-23.5% per year).

Earnings vs Industry: CFT earnings growth over the past year (28.5%) exceeded the Machinery industry -7.3%.


Return on Equity

High ROE: CFT's Return on Equity (2.3%) is considered low.


Next Steps

Financial Health

How is CFT's financial position?


Financial Position Analysis

Short Term Liabilities: CFT's short term assets (€231.0M) exceed its short term liabilities (€127.5M).

Long Term Liabilities: CFT's short term assets (€231.0M) exceed its long term liabilities (€146.2M).


Debt to Equity History and Analysis

Debt Level: CFT's debt to equity ratio (142.7%) is considered high.

Reducing Debt: CFT's debt to equity ratio has reduced from 455.7% to 142.7% over the past 5 years.

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

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


Balance Sheet


Next Steps

Dividend

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

2.70%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if CFT'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 CFT'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

Alessandro Merusi

no data

Tenure

Mr. Alessandro Merusi serves as Chief Executive Officer and Director of CFT S.p.A.


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

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


Key Information

  • Name: CFT S.p.A.
  • Ticker: CFT
  • Exchange: BIT
  • Founded: 1945
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: €34.943m
  • Shares outstanding: 18.10m
  • Website: https://www.cft-group.com

Number of Employees


Location

  • CFT S.p.A.
  • Via Paradigna 94/A
  • Parma
  • Parma
  • 43122
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CFTBIT (Borsa Italiana)YesOrdinary Voting SharesITEURJul 2018

Biography

CFT S.p.A designs and installs plant and machinery for the food industry in Italy and internationally. The company operates through Processing & Packaging and Sorting segments. Its processing machines incl...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 19:16
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.