Comer Industries S.p.A. designs and produces engineering systems and mechatronic solutions for power transmission applications worldwide. More Details
Flawless balance sheet and good value.
Share Price & News
How has Comer Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: COM is not significantly more volatile than the rest of Italian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: COM's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: COM underperformed the Italian Machinery industry which returned 5.2% over the past year.
Return vs Market: COM exceeded the Italian Market which returned -9.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Comer Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StShould Comer Industries S.p.A. (BIT:COM) Be Part Of Your Dividend Portfolio?
1 month ago | Simply Wall StIs Comer Industries S.p.A.'s (BIT:COM) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
2 months ago | Simply Wall StWill The ROCE Trend At Comer Industries (BIT:COM) Continue?
Is Comer Industries undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: COM (€12) is trading below our estimate of fair value (€20.15)
Significantly Below Fair Value: COM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: COM is good value based on its PE Ratio (14.6x) compared to the IT Machinery industry average (21.6x).
PE vs Market: COM is good value based on its PE Ratio (14.6x) compared to the Italian market (20.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate COM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: COM is overvalued based on its PB Ratio (1.9x) compared to the IT Machinery industry average (1.6x).
How is Comer Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Comer Industries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Comer Industries is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Comer Industries competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has Comer Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: COM has high quality earnings.
Growing Profit Margin: COM's current net profit margins (4.2%) are lower than last year (4.4%).
Past Earnings Growth Analysis
Earnings Trend: COM's earnings have grown significantly by 20.9% per year over the past 5 years.
Accelerating Growth: COM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: COM had negative earnings growth (-7.3%) over the past year, making it difficult to compare to the Machinery industry average (-6.7%).
Return on Equity
High ROE: COM's Return on Equity (12.2%) is considered low.
How is Comer Industries's financial position?
Financial Position Analysis
Short Term Liabilities: COM's short term assets (€199.5M) exceed its short term liabilities (€113.5M).
Long Term Liabilities: COM's short term assets (€199.5M) exceed its long term liabilities (€45.0M).
Debt to Equity History and Analysis
Debt Level: COM's debt to equity ratio (14.5%) is considered satisfactory.
Reducing Debt: COM's debt to equity ratio has reduced from 31.2% to 14.5% over the past 5 years.
Debt Coverage: COM's debt is well covered by operating cash flow (196.3%).
Interest Coverage: COM's interest payments on its debt are well covered by EBIT (22.2x coverage).
What is Comer Industries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: COM's dividend (2.92%) is higher than the bottom 25% of dividend payers in the Italian market (1.43%).
High Dividend: COM's dividend (2.92%) is low compared to the top 25% of dividend payers in the Italian market (4.57%).
Stability and Growth of Payments
Stable Dividend: COM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: COM has only been paying a dividend for 2 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (42.6%), COM's dividend payments are well 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.
How experienced are the management team and are they aligned to shareholders interests?
Matteo Storchi (45 yo)
Mr. Matteo Storchi has been Chief Executive Officer since 2014 and also has been Chairman since 2018 at Comer Industries S.p.A. Mr. Storchi serves as Head of Sales and Marketing at Comer Industries SPA.
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.
Comer Industries S.p.A.'s company bio, employee growth, exchange listings and data sources
- Name: Comer Industries S.p.A.
- Ticker: COM
- Exchange: BIT
- Founded: 1970
- Industry: Agricultural and Farm Machinery
- Sector: Capital Goods
- Market Cap: €251.034m
- Shares outstanding: 20.41m
- Website: https://www.comerindustries.com
Number of Employees
- Comer Industries S.p.A.
- Via Magellano, 27
- Reggio Emilia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|COM||BIT (Borsa Italiana)||Yes||Share Capital||IT||EUR||Mar 2019|
Comer Industries S.p.A. designs and produces engineering systems and mechatronic solutions for power transmission applications worldwide. The company’s product includes gearboxes, powertrain, planetary dri...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/21 19:21|
|End of Day Share Price||2021/01/21 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.