Prysmian
Market Cap
€6.4b
Last Updated
2020/09/27 03:54 UTC
Data Sources
Company Financials +
Executive Summary
Prysmian S.p.A. produces, distributes, and sells cables and systems, and related accessories for the energy and telecommunications industries worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with adequate balance sheet.
Similar Companies
Share Price & News
How has Prysmian's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PRY has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.2%
PRY
0.1%
IT Electrical
-3.7%
IT Market
1 Year Return
25.1%
PRY
22.7%
IT Electrical
-15.8%
IT Market
Return vs Industry: PRY exceeded the Italian Electrical industry which returned 22.7% over the past year.
Return vs Market: PRY exceeded the Italian Market which returned -15.8% over the past year.
Shareholder returns
| PRY | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.2% | 0.1% | -3.7% |
| 30 Day | 2.5% | 3.9% | -4.6% |
| 90 Day | 18.3% | 17.5% | -2.3% |
| 1 Year | 26.9%25.1% | 24.6%22.7% | -13.7%-15.8% |
| 3 Year | -6.4%-14.5% | -8.8%-16.7% | -14.1%-21.9% |
| 5 Year | 47.6%29.9% | 37.9%11.0% | -4.5%-26.3% |
Price Volatility Vs. Market
How volatile is Prysmian's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Does Prysmian's (BIT:PRY) Statutory Profit Adequately Reflect Its Underlying Profit?2 weeks ago | Simply Wall St
Should You Be Worried About Prysmian S.p.A.'s (BIT:PRY) 7.2% Return On Equity?1 month ago | Simply Wall St
The Prysmian (BIT:PRY) Share Price Is Up 20% And Shareholders Are Holding OnValuation
Is Prysmian undervalued compared to its fair value and its price relative to the market?
35.76x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PRY (€24.45) is trading above our estimate of fair value (€12)
Significantly Below Fair Value: PRY is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PRY is poor value based on its PE Ratio (35.8x) compared to the XE Electrical industry average (24.7x).
PE vs Market: PRY is poor value based on its PE Ratio (35.8x) compared to the Italian market (16.1x).
Price to Earnings Growth Ratio
PEG Ratio: PRY is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: PRY is overvalued based on its PB Ratio (2.8x) compared to the IT Electrical industry average (1.6x).
Next Steps
Future Growth
How is Prysmian forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
30.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PRY's forecast earnings growth (30.4% per year) is above the savings rate (2%).
Earnings vs Market: PRY's earnings (30.4% per year) are forecast to grow faster than the Italian market (23.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PRY's revenue (5.2% per year) is forecast to grow faster than the Italian market (3.5% per year).
High Growth Revenue: PRY's revenue (5.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PRY's Return on Equity is forecast to be low in 3 years time (14.6%).
Next Steps
Past Performance
How has Prysmian performed over the past 5 years?
-0.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PRY has a large one-off loss of €113.0M impacting its June 30 2020 financial results.
Growing Profit Margin: PRY's current net profit margins (1.7%) are higher than last year (1.4%).
Past Earnings Growth Analysis
Earnings Trend: PRY's earnings have declined by 0.7% per year over the past 5 years.
Accelerating Growth: PRY's earnings growth over the past year (7.3%) exceeds its 5-year average (-0.7% per year).
Earnings vs Industry: PRY earnings growth over the past year (7.3%) exceeded the Electrical industry -10.3%.
Return on Equity
High ROE: PRY's Return on Equity (7.2%) is considered low.
Next Steps
Financial Health
How is Prysmian's financial position?
Financial Position Analysis
Short Term Liabilities: PRY's short term assets (€4.5B) exceed its short term liabilities (€3.6B).
Long Term Liabilities: PRY's short term assets (€4.5B) exceed its long term liabilities (€3.8B).
Debt to Equity History and Analysis
Debt Level: PRY's debt to equity ratio (123%) is considered high.
Reducing Debt: PRY's debt to equity ratio has increased from 113.5% to 123% over the past 5 years.
Debt Coverage: PRY's debt is well covered by operating cash flow (27.7%).
Interest Coverage: PRY's interest payments on its debt are well covered by EBIT (7.9x coverage).
Balance Sheet
Next Steps
Dividend
What is Prysmian current dividend yield, its reliability and sustainability?
1.02%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PRY's dividend (1.02%) isn’t notable compared to the bottom 25% of dividend payers in the Italian market (1.65%).
High Dividend: PRY's dividend (1.02%) is low compared to the top 25% of dividend payers in the Italian market (5.43%).
Stability and Growth of Payments
Stable Dividend: PRY's dividend payments have been volatile in the past 10 years.
Growing Dividend: PRY's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (36.6%), PRY's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PRY's dividends in 3 years are forecast to be well covered by earnings (31.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
8.4yrs
Average management tenure
CEO
Valerio Battista (63 yo)
no data
Tenure
€1,643,914
Compensation
Mr. Valerio Battista serves as the Chief Executive Officer and General Manager of Prysmian S.p.A. (also known as Prysmian Cables and Systems). Mr. Battista has been an Executive Director of Prysmian S.p.A. ...
CEO Compensation Analysis
Compensation vs Market: Valerio's total compensation ($USD0.00) is below average for companies of similar size in the Italian market ($USD2.59M).
Compensation vs Earnings: Valerio's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, GM & Executive Director | no data | €1.64m | 1.52% € 97.8m | |
| CFO & Executive Director | 13.58yrs | €863.38k | no data | |
| Chief Strategy & Development Officer and Executive Director | 13.58yrs | €1.35m | no data | |
| President & CEO of North America and Executive Director | 6.58yrs | €622.81k | no data | |
| Chief Operating Officer | 6.67yrs | no data | no data | |
| Chief Digital Officer & Chief Information Officer | 4.83yrs | no data | no data | |
| Investor Relations Director | no data | no data | no data | |
| Chief Audit & Compliance Officer | no data | no data | no data | |
| Chief Communication Officer | no data | no data | no data | |
| Chief Human Resources Officer | 10.25yrs | no data | no data | |
| Head of Operations and Head of Manufacturing & Logistics Departments | 15.67yrs | €76.55k | no data | |
| Executive Vice President of Telecom Business | 7.33yrs | no data | no data |
8.4yrs
Average Tenure
58yo
Average Age
Experienced Management: PRY's management team is seasoned and experienced (8.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, GM & Executive Director | no data | €1.64m | 1.52% € 97.8m | |
| CFO & Executive Director | 13.58yrs | €863.38k | no data | |
| Chief Strategy & Development Officer and Executive Director | 13.58yrs | €1.35m | no data | |
| President & CEO of North America and Executive Director | 6.58yrs | €622.81k | no data | |
| Independent Director | 2.42yrs | no data | no data | |
| Independent Director | 2yrs | no data | no data | |
| Independent Chairman of the Board | no data | €51.40k | no data | |
| Chairman of the Statutory Auditors | 7.42yrs | €75.00k | no data | |
| Independent Non-Executive Director | 8.42yrs | €60.00k | no data | |
| Independent Non-Executive Director | 5.42yrs | €46.70k | no data | |
| Independent Non-Executive Director | 5.42yrs | €33.30k | no data | |
| Independent Non-Executive Director | 2.42yrs | no data | no data |
6.6yrs
Average Tenure
59yo
Average Age
Experienced Board: PRY's board of directors are considered experienced (6.6 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
Prysmian S.p.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Prysmian S.p.A.
- Ticker: PRY
- Exchange: BIT
- Founded:
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: €6.437b
- Shares outstanding: 263.26m
- Website: https://www.prysmiangroup.com
Number of Employees
Location
- Prysmian S.p.A.
- Via Chiese 6
- Milan
- Milan
- 20126
- Italy
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PRY | BIT (Borsa Italiana) | Yes | Ordinary Shares | IT | EUR | May 2007 |
| AEU | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | May 2007 |
| 0NUX | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | May 2007 |
| PRYM.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | May 2007 |
| PRYM | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | May 2007 |
| PRY | WBAG (Wiener Boerse AG) | Yes | Ordinary Shares | AT | EUR | May 2007 |
| PRY N | BMV (Bolsa Mexicana de Valores) | Yes | Ordinary Shares | MX | MXN | May 2007 |
| PRYM.Y | OTCPK (Pink Sheets LLC) | UNSPONSORD ADR | US | USD | Oct 2008 |
Biography
Prysmian S.p.A. produces, distributes, and sells cables and systems, and related accessories for the energy and telecommunications industries worldwide. The company operates through three segments: Energy, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/09/27 03:54 |
| End of Day Share Price | 2020/09/25 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.