BIT:CIR

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CIR. Compagnie Industriali Riunite

Executive Summary

CIR S.p.A. Compagnie Industriali Riunite, through its subsidiaries, primarily operates in the automotive components and healthcare sectors. More Details


Snowflake Analysis

Proven track record and fair value.

Share Price & News

How has CIR. Compagnie Industriali Riunite's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CIR has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.8%

CIR

-0.8%

IT Industrials

1.6%

IT Market


1 Year Return

-14.5%

CIR

10.8%

IT Industrials

-14.4%

IT Market

Return vs Industry: CIR underperformed the Italian Industrials industry which returned 11.3% over the past year.

Return vs Market: CIR exceeded the Italian Market which returned -15.8% over the past year.


Shareholder returns

CIRIndustryMarket
7 Day-0.8%-0.8%1.6%
30 Day-3.9%-4.4%-2.4%
90 Day-7.0%6.2%-1.0%
1 Year-14.5%-14.5%14.1%10.8%-12.3%-14.4%
3 Year-36.5%-40.2%8.9%-0.9%-12.5%-20.4%
5 Year-0.4%-11.2%73.4%48.1%-5.0%-26.6%

Price Volatility Vs. Market

How volatile is CIR. Compagnie Industriali Riunite's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is CIR. Compagnie Industriali Riunite undervalued compared to its fair value and its price relative to the market?

2.57x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CIR (€0.39) is trading above our estimate of fair value (€0.21)

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


Price To Earnings Ratio

PE vs Industry: CIR is good value based on its PE Ratio (2.6x) compared to the XE Industrials industry average (21.5x).

PE vs Market: CIR is good value based on its PE Ratio (2.6x) compared to the Italian market (15.8x).


Price to Earnings Growth Ratio

PEG Ratio: CIR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: CIR is good value based on its PB Ratio (0.7x) compared to the XE Industrials industry average (1x).


Next Steps

Future Growth

How is CIR. Compagnie Industriali Riunite forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

-31.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CIR's earnings are forecast to decline over the next 3 years (-31.5% per year).

Earnings vs Market: CIR's earnings are forecast to decline over the next 3 years (-31.5% per year).

High Growth Earnings: CIR's earnings are forecast to decline over the next 3 years.

Revenue vs Market: CIR's revenue (21.8% per year) is forecast to grow faster than the Italian market (3.5% per year).

High Growth Revenue: CIR's revenue (21.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CIR's Return on Equity is forecast to be low in 3 years time (3.7%).


Next Steps

Past Performance

How has CIR. Compagnie Industriali Riunite performed over the past 5 years?

56.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CIR has a large one-off loss of €12.1M impacting its June 30 2020 financial results.

Growing Profit Margin: CIR's current net profit margins (6.7%) are higher than last year (2.8%).


Past Earnings Growth Analysis

Earnings Trend: CIR's earnings have grown significantly by 56.9% per year over the past 5 years.

Accelerating Growth: CIR's earnings growth over the past year (154.6%) exceeds its 5-year average (56.9% per year).

Earnings vs Industry: CIR earnings growth over the past year (154.6%) exceeded the Industrials industry 0.06%.


Return on Equity

High ROE: CIR's Return on Equity (-3.5%) is considered low.


Next Steps

Financial Health

How is CIR. Compagnie Industriali Riunite's financial position?


Financial Position Analysis

Short Term Liabilities: CIR's short term assets (€1.1B) exceed its short term liabilities (€955.8M).

Long Term Liabilities: CIR's short term assets (€1.1B) do not cover its long term liabilities (€1.6B).


Debt to Equity History and Analysis

Debt Level: CIR's debt to equity ratio (105.5%) is considered high.

Reducing Debt: CIR's debt to equity ratio has increased from 47.4% to 105.5% over the past 5 years.

Debt Coverage: CIR's debt is not well covered by operating cash flow (19.6%).

Interest Coverage: CIR's interest payments on its debt are not well covered by EBIT (0.9x coverage).


Balance Sheet


Next Steps

Dividend

What is CIR. Compagnie Industriali Riunite current dividend yield, its reliability and sustainability?

5.68%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

4.3yrs

Average board tenure


CEO

Monica Mondardini (60 yo)

0.67

Tenure

Ms. Monica Mondardini serves as an Independent Director at Hera S.p.A. since April 29, 2020. Ms. Mondardini serves as Chief Executive Officer, General Manager and Director of COFIDE - Gruppo De Benedetti S ...


Board Members

NamePositionTenureCompensationOwnership
Rodolfo De Benedetti
Executive Chairman of the Board7.42yrs€160.00kno data
Monica Mondardini
CEO, GM & Director0.67yrno datano data
Marco De Benedetti
Director26.67yrs€10.00kno data
Carlo De Benedetti
Honorary Chairmanno data€150.00kno data
Riccardo Zingales
Chairman of the Board of Statutory Auditorsno data€188.40kno data
Massimo Cremona
Lead Independent Directorno data€20.00no data
Tiziano Bracco
Statutory Auditorno data€10.00kno data
Francesco Guasti
Independent Directorno data€18.67kno data
Paola Dubini
Independent Directorno data€13.43kno data
Edoardo De Benedetti
Directorno data€10.00kno data
Maria Porcari
Independent Director4.33yrs€12.00kno data
Pia Marocco
Independent Director2yrsno datano data

4.3yrs

Average Tenure

59yo

Average Age

Experienced Board: CIR's board of directors are considered experienced (4.3 years average tenure).


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 80.6%.


Top Shareholders

Company Information

CIR S.p.A. Compagnie Industriali Riunite's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CIR S.p.A. Compagnie Industriali Riunite
  • Ticker: CIR
  • Exchange: BIT
  • Founded:
  • Industry: Industrial Conglomerates
  • Sector: Capital Goods
  • Market Cap: €483.772m
  • Shares outstanding: 1.25b
  • Website: https://www.cirgroup.it

Number of Employees


Location

  • CIR S.p.A. Compagnie Industriali Riunite
  • Via Ciovassino 1
  • Milan
  • Milan
  • 20121
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CIRBIT (Borsa Italiana)YesOrdinary SharesITEURJan 1992
0ONRLSE (London Stock Exchange)YesOrdinary SharesGBEURJan 1992
CIRMBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJan 1992
BN7DB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992

Biography

CIR S.p.A. Compagnie Industriali Riunite, through its subsidiaries, primarily operates in the automotive components and healthcare sectors. It offers suspension components, filters, and air and cooling sys ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/28 20:48
End of Day Share Price2020/09/28 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.