PLC S.p.A. acts as a general contractor in the construction of renewable energy power plants in Italy.
Mediocre balance sheet and overvalued.
Share Price & News
How has PLC's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PLC's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PLC exceeded the Italian Construction industry which returned -33.1% over the past year.
Return vs Market: PLC underperformed the Italian Market which returned -10.7% over the past year.
Price Volatility Vs. Market
How volatile is PLC's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StWe Think PLC (BIT:PLC) Has A Fair Chunk Of Debt
1 month ago | Simply Wall StHere's How P/E Ratios Can Help Us Understand PLC S.p.A. (BIT:PLC)
2 months ago | Simply Wall StEasy Come, Easy Go: How PLC (BIT:PLC) Shareholders Got Unlucky And Saw 86% Of Their Cash Evaporate
Is PLC undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate PLC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PLC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PLC is unprofitable, so we can't compare its PE Ratio to the Construction industry average.
PE vs Market: PLC is unprofitable, so we can't compare its PE Ratio to the Italian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PLC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PLC is good value based on its PB Ratio (1.3x) compared to the IT Construction industry average (1.3x).
How is PLC 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 PLC 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.
- Take a look at our analysis of PLC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- PLC 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 PLC performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PLC is currently unprofitable.
Growing Profit Margin: PLC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PLC is unprofitable, but has reduced losses over the past 5 years at a rate of 53% per year.
Accelerating Growth: Unable to compare PLC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PLC is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (6.9%).
Return on Equity
High ROE: PLC has a negative Return on Equity (-9.62%), as it is currently unprofitable.
How is PLC's financial position?
Financial Position Analysis
Short Term Liabilities: PLC's short term assets (€36.8M) exceed its short term liabilities (€30.3M).
Long Term Liabilities: PLC's short term assets (€36.8M) exceed its long term liabilities (€10.5M).
Debt to Equity History and Analysis
Debt Level: PLC's debt to equity ratio (56.3%) is considered high.
Reducing Debt: PLC's debt to equity ratio has reduced from 1134.5% to 56.3% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if PLC has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if PLC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is PLC's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PLC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PLC'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 PLC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PLC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PLC's dividend in 3 years as they are not forecast to pay a notable one for the Italian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Michele Scoppio (44yo)
Mr. Michele Scoppio is a Director and Chief Executive Officer at PLC S.p.A. since March 26, 2018. Mr. Scoppio completed his training by attending a specialisation course in 2000 in "total quality managemen ...
|CEO & Director||2.17yrs||no data||no data|
|Independent Director||10yrs||€16.00k||no data|
|Honorary Chairman||2.17yrs||€10.00k||no data|
|Chairman of the Board of Statutory Auditors||4.83yrs||no data||no data|
|Standing Auditor||1.83yrs||no data||no data|
|Statutory Auditor||4.83yrs||no data||no data|
|Chairman||2.17yrs||no data||no data|
|Director||2.17yrs||no data||no data|
|Director||2.17yrs||no data||no data|
|Independent Director||2.17yrs||no data||no data|
Experienced Board: PLC's board of directors are not considered experienced ( 2.2 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 been diluted in the past year, with total shares outstanding growing by 8.1%.
PLC S.p.A.'s company bio, employee growth, exchange listings and data sources
- Name: PLC S.p.A.
- Ticker: PLC
- Exchange: BIT
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: €31.282m
- Shares outstanding: 25.96m
- Website: https://www.plc-spa.com
Number of Employees
- PLC S.p.A.
- Via Lanzone, 31
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PLC||BIT (Borsa Italiana)||Yes||Common Stock||IT||EUR||Apr 2010|
|PLCM||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Stock||GB||EUR||Apr 2010|
PLC S.p.A. acts as a general contractor in the construction of renewable energy power plants in Italy. The company operates in two segments, Engineering, Procurement and Construction; and Operation and Maintenance. It constructs turnkey plants for the production of electrical energy from renewable sources; and monitors and maintains electrical power grids, transformers, and accessory plants of wind farms and photovoltaic plants, as well as offers installation, maintenance, and repair services for inverters. The company also markets wind generators and components for wind generators and wind farms, as well as provides maintenance, assembly, disassembly, and management services, including electrical and civil works. The company was formerly known as Industria e Innovazione S.p.A. and changed its name to PLC S.p.A. in July 2018. PLC S.p.A. is based in Milan, Italy. PLC S.p.A operates as a subsidiary of Fraes S.r.l.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/31 09:55|
|End of Day Share Price||2020/05/29 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.