BIT:FVI

Stock Analysis Report

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Executive Summary

Fervi S.p.A. designs, manufactures, sources, and sells machinery, tools, and equipment. More Details


Snowflake Analysis

Solid track record with excellent balance sheet.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

1.1%

FVI

2.2%

IT Machinery

0.05%

IT Market


1 Year Return

-17.9%

FVI

-0.7%

IT Machinery

-12.0%

IT Market

Return vs Industry: FVI underperformed the Italian Machinery industry which returned -3.7% over the past year.

Return vs Market: FVI underperformed the Italian Market which returned -14.2% over the past year.


Shareholder returns

FVIIndustryMarket
7 Day1.1%2.2%0.05%
30 Day-2.0%3.2%-2.4%
90 Day-6.8%15.2%-4.2%
1 Year-16.4%-17.9%-0.3%-0.7%-9.8%-12.0%
3 Yearn/a-19.6%-22.2%-12.1%-20.0%
5 Yearn/a47.7%39.5%-5.7%-27.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

24.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FVI (€9.6) is trading below our estimate of fair value (€12.78)

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


Price To Earnings Ratio

PE vs Industry: FVI is good value based on its PE Ratio (9.4x) compared to the IT Machinery industry average (12.6x).

PE vs Market: FVI is good value based on its PE Ratio (9.4x) compared to the Italian market (15.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FVI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FVI's PB Ratio (1.1x) is in line with the IT Machinery industry average.


Next Steps

Future Growth

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

5.8%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if FVI's forecast earnings growth is above the savings rate (2%).

Earnings vs Market: Insufficient data to determine if FVI'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: FVI's revenue (5.8% per year) is forecast to grow faster than the Italian market (3.6% per year).

High Growth Revenue: FVI's revenue (5.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FVI's Return on Equity is forecast to be low in 3 years time (11.1%).


Next Steps

Past Performance

How has Fervi performed over the past 5 years?

24.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FVI has high quality earnings.

Growing Profit Margin: FVI's current net profit margins (8.9%) are higher than last year (7.3%).


Past Earnings Growth Analysis

Earnings Trend: FVI's earnings have grown significantly by 24.1% per year over the past 5 years.

Accelerating Growth: FVI's earnings growth over the past year (44.7%) exceeds its 5-year average (24.1% per year).

Earnings vs Industry: FVI earnings growth over the past year (44.7%) exceeded the Machinery industry -11.6%.


Return on Equity

High ROE: FVI's Return on Equity (11.9%) is considered low.


Next Steps

Financial Health

How is Fervi's financial position?


Financial Position Analysis

Short Term Liabilities: FVI's short term assets (€26.2M) exceed its short term liabilities (€6.2M).

Long Term Liabilities: FVI's short term assets (€26.2M) exceed its long term liabilities (€5.0M).


Debt to Equity History and Analysis

Debt Level: FVI's debt to equity ratio (13.9%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if FVI's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: FVI's debt is well covered by operating cash flow (110.2%).

Interest Coverage: FVI's interest payments on its debt are well covered by EBIT (81.8x coverage).


Balance Sheet


Next Steps

Dividend

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

2.19%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: FVI's dividend (2.19%) is higher than the bottom 25% of dividend payers in the Italian market (1.63%).

High Dividend: FVI's dividend (2.19%) is low compared to the top 25% of dividend payers in the Italian market (5.5%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, FVI has been paying a dividend for less than 10 years.

Growing Dividend: FVI's dividend payments have increased, but the company has only paid a dividend for 2 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (20.6%), FVI'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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Roberto Tunioli (61 yo)

no data

Tenure

Mr. Roberto Tunioli has been President of the Board and Chief Executive Officer at Fervi Spa. Mr. Tunioli has been Chairman and CEO of Fervi Srl (formerly Veprug Srl) since March 2011. He was the Vice Chai ...


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Fervi S.p.A.
  • Ticker: FVI
  • Exchange: BIT
  • Founded:
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: €24.377m
  • Shares outstanding: 2.54m
  • Website: https://www.fervi.com

Location

  • Fervi S.p.A.
  • Via del Commercio 81
  • Vignola
  • Modena
  • 41058
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FVIBIT (Borsa Italiana)YesShare CapitalITEURMar 2018

Biography

Fervi S.p.A. designs, manufactures, sources, and sells machinery, tools, and equipment. Its products include metal and wood working, finishing, and lifting and handling machinery, as well as presses and hy ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/30 20:42
End of Day Share Price2020/09/29 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.