Cembre S.p.A., together with its subsidiaries, manufactures and sells electrical connectors and related tools in Italy, rest of Europe, and internationally. More Details
Excellent balance sheet established dividend payer.
Share Price & News
How has Cembre's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CMB is not significantly more volatile than the rest of Italian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: CMB's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: CMB underperformed the Italian Electrical industry which returned 25.2% over the past year.
Return vs Market: CMB underperformed the Italian Market which returned -9.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Cembre's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWould Cembre S.p.A. (BIT:CMB) Be Valuable To Income Investors?
3 weeks ago | Simply Wall StShould You Investigate Cembre S.p.A. (BIT:CMB) At €15.55?
1 month ago | Simply Wall StCembre (BIT:CMB) Seems To Use Debt Quite Sensibly
Is Cembre undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CMB (€18.75) is trading above our estimate of fair value (€7.61)
Significantly Below Fair Value: CMB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CMB is good value based on its PE Ratio (18.5x) compared to the XE Electrical industry average (29.4x).
PE vs Market: CMB is poor value based on its PE Ratio (18.5x) compared to the Italian market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CMB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CMB is overvalued based on its PB Ratio (2.1x) compared to the IT Electrical industry average (1.8x).
How is Cembre forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if CMB's forecast earnings growth is above the savings rate (2%).
Earnings vs Market: Insufficient data to determine if CMB's earnings are forecast to grow faster than the Italian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CMB's revenue (5.9% per year) is forecast to grow faster than the Italian market (3.2% per year).
High Growth Revenue: CMB's revenue (5.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CMB's Return on Equity is forecast to be low in 3 years time (12%).
How has Cembre performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CMB has high quality earnings.
Growing Profit Margin: CMB's current net profit margins (12.6%) are lower than last year (15.5%).
Past Earnings Growth Analysis
Earnings Trend: CMB's earnings have grown by 5.6% per year over the past 5 years.
Accelerating Growth: CMB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CMB had negative earnings growth (-25.5%) over the past year, making it difficult to compare to the Electrical industry average (-7.1%).
Return on Equity
High ROE: CMB's Return on Equity (10.8%) is considered low.
How is Cembre's financial position?
Financial Position Analysis
Short Term Liabilities: CMB's short term assets (€105.4M) exceed its short term liabilities (€42.6M).
Long Term Liabilities: CMB's short term assets (€105.4M) exceed its long term liabilities (€11.5M).
Debt to Equity History and Analysis
Debt Level: CMB's debt to equity ratio (12%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if CMB's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CMB's debt is well covered by operating cash flow (162%).
Interest Coverage: CMB earns more interest than it pays, so coverage of interest payments is not a concern.
What is Cembre current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CMB's dividend (4.8%) is higher than the bottom 25% of dividend payers in the Italian market (1.55%).
High Dividend: CMB's dividend (4.8%) is in the top 25% of dividend payers in the Italian market (4.75%)
Stability and Growth of Payments
Stable Dividend: CMB's dividend payments have been volatile in the past 10 years.
Growing Dividend: CMB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (89%), CMB's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CMB's dividends in 3 years are forecast to be covered by earnings (78.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Giovanni Rosani has been the Chairman and Managing Director of Cembre S.p.A. since March 15, 2010.
CEO Compensation Analysis
Compensation vs Market: Giovanni's total compensation ($USD0.00) is below average for companies of similar size in the Italian market ($USD891.21K).
Compensation vs Earnings: Giovanni's compensation has been consistent with company performance over the past year.
|Chairman & MD||10.67yrs||€210.95k||8.53% |
|Director||no data||€11.31k||8.65% |
|Vice Chairman of the Board||no data||€177.58k||no data|
|Director||no data||€403.24k||no data|
|Independent Director||11.58yrs||€36.88k||no data|
|Chairman of Board of Statutory Auditors||no data||€36.00k||no data|
|no data||no data||no data|
|Director||2.58yrs||no data||no data|
|Director||2.58yrs||no data||no data|
|Independent Director||2.58yrs||no data||no data|
|no data||no data||no data|
Experienced Board: CMB's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Cembre S.p.A.'s company bio, employee growth, exchange listings and data sources
- Name: Cembre S.p.A.
- Ticker: CMB
- Exchange: BIT
- Founded: 1969
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: €315.171m
- Shares outstanding: 16.72m
- Website: https://www.cembre.it
Number of Employees
- Cembre S.p.A.
- Via Serenissima 9
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CMB||BIT (Borsa Italiana)||Yes||Ordinary Shares||IT||EUR||Jan 1998|
|0DXU||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jan 1998|
|CMBM||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jan 1998|
Cembre S.p.A., together with its subsidiaries, manufactures and sells electrical connectors and related tools in Italy, rest of Europe, and internationally. The company offers pre-insulated, un-insulated, ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/27 20:10|
|End of Day Share Price||2020/11/27 00:00|
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.