Piovan S.p.A., through its subsidiaries, engages in the development and production of automation systems for storage, transport, and processing of plastics, and food powders and non-plastics in Europe, the Middle East, Africa, Asia, North America, and South America. More Details
Outstanding track record and good value.
Share Price & News
How has Piovan's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PVN is not significantly more volatile than the rest of Italian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: PVN's weekly volatility (7%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: PVN underperformed the Italian Machinery industry which returned 5.2% over the past year.
Return vs Market: PVN exceeded the Italian Market which returned -9.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Piovan's share price compared to the market and industry in the last 5 years?
Simply Wall St News
18 hours ago | Simply Wall StAre Robust Financials Driving The Recent Rally In Piovan S.p.A.'s (BIT:PVN) Stock?
2 weeks ago | Simply Wall StReflecting on Piovan's (BIT:PVN) Share Price Returns Over The Last Year
1 month ago | Simply Wall StDoes Piovan (BIT:PVN) Have A Healthy Balance Sheet?
Is Piovan 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: PVN (€5.56) is trading below our estimate of fair value (€7.59)
Significantly Below Fair Value: PVN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PVN is good value based on its PE Ratio (15.7x) compared to the IT Machinery industry average (21.6x).
PE vs Market: PVN is good value based on its PE Ratio (15.7x) compared to the Italian market (20.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PVN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PVN is overvalued based on its PB Ratio (4x) compared to the IT Machinery industry average (1.6x).
How is Piovan forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if PVN's forecast earnings growth is above the savings rate (1.9%).
Earnings vs Market: Insufficient data to determine if PVN'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: PVN's revenue (14.2% per year) is forecast to grow faster than the Italian market (3.2% per year).
High Growth Revenue: PVN's revenue (14.2% 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 PVN's Return on Equity is forecast to be high in 3 years time
How has Piovan performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PVN has high quality earnings.
Growing Profit Margin: PVN's current net profit margins (8.3%) are higher than last year (7.3%).
Past Earnings Growth Analysis
Earnings Trend: PVN's earnings have grown by 3.9% per year over the past 5 years.
Accelerating Growth: PVN's earnings growth over the past year (7.1%) exceeds its 5-year average (3.9% per year).
Earnings vs Industry: PVN earnings growth over the past year (7.1%) exceeded the Machinery industry -6.7%.
Return on Equity
High ROE: PVN's Return on Equity (24.3%) is considered high.
How is Piovan's financial position?
Financial Position Analysis
Short Term Liabilities: PVN's short term assets (€156.6M) exceed its short term liabilities (€104.7M).
Long Term Liabilities: PVN's short term assets (€156.6M) exceed its long term liabilities (€40.3M).
Debt to Equity History and Analysis
Debt Level: PVN's debt to equity ratio (77.2%) is considered high.
Reducing Debt: Insufficient data to determine if PVN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PVN's debt is well covered by operating cash flow (47.4%).
Interest Coverage: PVN earns more interest than it pays, so coverage of interest payments is not a concern.
What is Piovan current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PVN's dividend (2.7%) is higher than the bottom 25% of dividend payers in the Italian market (1.43%).
High Dividend: PVN's dividend (2.7%) is low compared to the top 25% of dividend payers in the Italian market (4.57%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, PVN has been paying a dividend for less than 10 years.
Growing Dividend: PVN has only been paying a dividend for 2 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (42.3%), PVN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PVN's dividends in 3 years are forecast to be covered by earnings (51.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Mr. Filippo Zuppichin serves as Chief Executive Officer of Piovan S.p.A and serves as its Managing Director. Mr. Zuppichin graduated with honors in Electronic Engineering from the University of Padua in 19...
CEO Compensation Analysis
Compensation vs Market: Filippo's total compensation ($USD0.00) is below average for companies of similar size in the Italian market ($USD872.77K).
Compensation vs Earnings: Insufficient data to compare Filippo's compensation with company performance.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Piovan S.p.A.'s company bio, employee growth, exchange listings and data sources
- Name: Piovan S.p.A.
- Ticker: PVN
- Exchange: BIT
- Founded: 1934
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: €283.167m
- Shares outstanding: 50.93m
- Website: https://www.piovan.com
Number of Employees
- Piovan S.p.A.
- Via delle Industrie, 16
- Santa Maria Di Sala
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PVN||BIT (Borsa Italiana)||Yes||Share Capital||IT||EUR||Oct 2018|
|PV0||DB (Deutsche Boerse AG)||Yes||Share Capital||DE||EUR||Oct 2018|
|PVNM||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Share Capital||GB||EUR||Oct 2018|
Piovan S.p.A., through its subsidiaries, engages in the development and production of automation systems for storage, transport, and processing of plastics, and food powders and non-plastics in Europe, the...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/22 18:41|
|End of Day Share Price||2021/01/22 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.