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MARP

Marzocchi Pompe BIT:MARP Stock Report

Last Price

€4.45

Market Cap

€29.0m

7D

3.5%

1Y

-5.3%

Updated

11 Aug, 2022

Data

Company Financials +
MARP fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance4/6
Financial Health6/6
Dividends3/6

MARP Stock Overview

Marzocchi Pompe S.p.A. engages in the design, manufacture, and sale of external gear pumps and motors in Italy, the Americas, Europe, Asia, and internationally.

Marzocchi Pompe Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Marzocchi Pompe
Historical stock prices
Current Share Price€4.45
52 Week High€5.25
52 Week Low€3.56
Beta0.54
1 Month Change2.54%
3 Month Change-3.05%
1 Year Change-5.32%
3 Year Change-5.72%
5 Year Changen/a
Change since IPO-10.46%

Recent News & Updates

Mar 06
Be Wary Of Marzocchi Pompe (BIT:MARP) And Its Returns On Capital

Be Wary Of Marzocchi Pompe (BIT:MARP) And Its Returns On Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Shareholder Returns

MARPIT MachineryIT Market
7D3.5%1.2%1.0%
1Y-5.3%-24.9%-16.1%

Return vs Industry: MARP exceeded the Italian Machinery industry which returned -24.2% over the past year.

Return vs Market: MARP exceeded the Italian Market which returned -16.3% over the past year.

Price Volatility

Is MARP's price volatile compared to industry and market?
MARP volatility
MARP Average Weekly Movement2.8%
Machinery Industry Average Movement6.0%
Market Average Movement5.0%
10% most volatile stocks in IT Market7.7%
10% least volatile stocks in IT Market3.2%

Stable Share Price: MARP is less volatile than 75% of Italian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: MARP's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1949271Gabriele Bonfigliolihttps://marzocchipompe.com

Marzocchi Pompe S.p.A. engages in the design, manufacture, and sale of external gear pumps and motors in Italy, the Americas, Europe, Asia, and internationally. The company offers ELIKA Marzocchi pumps, micro pumps, aluminum gear motors, motors and pumps with flanges, short pumps, modular pumps, agricultural machines, forklift trucks, transmissions, power steering, and attitude adjusters. Its products are used in textile machines, machine tools, plastic injection machines, medical equipment, energy, mobile, and automotive, etc. Marzocchi Pompe S.p.A. was founded in 1949 and is headquartered in Zola Predosa, Italy.

Marzocchi Pompe Fundamentals Summary

How do Marzocchi Pompe's earnings and revenue compare to its market cap?
MARP fundamental statistics
Market Cap€29.02m
Earnings (TTM)€1.59m
Revenue (TTM)€40.67m

18.2x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MARP income statement (TTM)
Revenue€40.67m
Cost of Revenue€19.63m
Gross Profit€21.04m
Other Expenses€19.45m
Earnings€1.59m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Sep 30, 2022

Earnings per share (EPS)0.24
Gross Margin51.73%
Net Profit Margin3.91%
Debt/Equity Ratio57.3%

How did MARP perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

49%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is MARP undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MARP?

Other financial metrics that can be useful for relative valuation.

MARP key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.9x
Enterprise Value/EBITDA5.7x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does MARP's PE Ratio compare to its peers?

MARP PE Ratio vs Peers
The above table shows the PE ratio for MARP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average8.7x
VIM vimi fasteners
8.1x9.5%€16.8m
FVI Fervi
12.1x15.6%€38.5m
MOLD Costamp Group
4.6x-1.7%€17.7m
ILP ILPRA
10.2x10.5%€45.4m
MARP Marzocchi Pompe
18.2xn/a€29.0m

Price-To-Earnings vs Peers: MARP is expensive based on its Price-To-Earnings Ratio (18.2x) compared to the peer average (8.7x).


Price to Earnings Ratio vs Industry

How does MARP's PE Ratio compare vs other companies in the IT Machinery Industry?

Price-To-Earnings vs Industry: MARP is expensive based on its Price-To-Earnings Ratio (18.2x) compared to the Italian Machinery industry average (14.5x)


Price to Earnings Ratio vs Fair Ratio

What is MARP's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MARP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MARP's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of MARP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MARP (€4.45) is trading below our estimate of fair value (€19.08)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


6.3%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if MARP's forecast earnings growth is above the savings rate (1.7%).

Earnings vs Market: Insufficient data to determine if MARP's earnings are forecast to grow faster than the Italian market

High Growth Earnings: Insufficient data to determine if MARP's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MARP's revenue (6.3% per year) is forecast to grow faster than the Italian market (0.3% per year).

High Growth Revenue: MARP's revenue (6.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if MARP's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has Marzocchi Pompe performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-7.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MARP has high quality earnings.

Growing Profit Margin: MARP's current net profit margins (3.9%) are higher than last year (0.7%).


Past Earnings Growth Analysis

Earnings Trend: MARP's earnings have declined by 7.7% per year over the past 5 years.

Accelerating Growth: MARP's earnings growth over the past year (595%) exceeds its 5-year average (-7.7% per year).

Earnings vs Industry: MARP earnings growth over the past year (595%) exceeded the Machinery industry 63.6%.


Return on Equity

High ROE: MARP's Return on Equity (8%) is considered low.


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Financial Health

How is Marzocchi Pompe's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MARP's short term assets (€28.2M) exceed its short term liabilities (€16.3M).

Long Term Liabilities: MARP's short term assets (€28.2M) exceed its long term liabilities (€12.0M).


Debt to Equity History and Analysis

Debt Level: MARP's net debt to equity ratio (28.6%) is considered satisfactory.

Reducing Debt: MARP's debt to equity ratio has reduced from 126.8% to 57.3% over the past 5 years.

Debt Coverage: MARP's debt is well covered by operating cash flow (28.6%).

Interest Coverage: MARP's interest payments on its debt are well covered by EBIT (13.6x coverage).


Balance Sheet


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Dividend

What is Marzocchi Pompe current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.70%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: MARP's dividend (2.7%) is higher than the bottom 25% of dividend payers in the Italian market (1.65%).

High Dividend: MARP's dividend (2.7%) is low compared to the top 25% of dividend payers in the Italian market (5.23%).


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (49.3%), MARP's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (36.6%), MARP's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

3.9yrs

Average board tenure


CEO

Gabriele Bonfiglioli

no data

Tenure

€17,000

Compensation

Mr. Gabriele Bonfiglioli serves as CEO of Marzocchi Pompe S.p.A. and has been its Member of Board of Administration since September 26, 2018. He served as the Chief Executive Officer Director at Modelleri...


Board Members

Experienced Board: MARP's board of directors are considered experienced (3.9 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Marzocchi Pompe S.p.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Marzocchi Pompe S.p.A.
  • Ticker: MARP
  • Exchange: BIT
  • Founded: 1949
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Implied Market Cap: €29.023m
  • Shares outstanding: 6.52m
  • Website: https://marzocchipompe.com

Number of Employees


Location

  • Marzocchi Pompe S.p.A.
  • Via A. Grazia, 2
  • Zola Predosa
  • Bologna
  • 40069
  • Italy

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/11 00:00
End of Day Share Price2022/08/11 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.