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SERI

Seri Industrial BIT:SERI Stock Report

Last Price

€7.04

Market Cap

€345.0m

7D

1.1%

1Y

-0.3%

Updated

03 Jul, 2022

Data

Company Financials +
SERI fundamental analysis
Snowflake Score
Valuation1/6
Future Growth6/6
Past Performance0/6
Financial Health3/6
Dividends0/6

SERI Stock Overview

Seri Industrial S.p.A., through its subsidiaries, engages in the production and recycling of plastic materials for the electric accumulators, automotive, hydro-thermo-sanitary, civil, and naval shipbuilding markets.

Seri Industrial Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Seri Industrial
Historical stock prices
Current Share Price€7.04
52 Week High€10.94
52 Week Low€5.40
Beta1.05
1 Month Change-5.38%
3 Month Change-14.04%
1 Year Change-0.28%
3 Year Change306.94%
5 Year Change66.43%
Change since IPO-99.89%

Recent News & Updates

May 20
Seri Industrial (BIT:SERI) Takes On Some Risk With Its Use Of Debt

Seri Industrial (BIT:SERI) Takes On Some Risk With Its Use Of Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Oct 12
Is Seri Industrial (BIT:SERI) Using Too Much Debt?

Is Seri Industrial (BIT:SERI) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Jun 09
Is Now The Time To Look At Buying Seri Industrial S.p.A. (BIT:SERI)?

Is Now The Time To Look At Buying Seri Industrial S.p.A. (BIT:SERI)?

Seri Industrial S.p.A. ( BIT:SERI ), is not the largest company out there, but it received a lot of attention from a...

Shareholder Returns

SERIIT ElectricalIT Market
7D1.1%-4.0%-2.7%
1Y-0.3%-11.6%-17.1%

Return vs Industry: SERI exceeded the Italian Electrical industry which returned -11.6% over the past year.

Return vs Market: SERI exceeded the Italian Market which returned -17.1% over the past year.

Price Volatility

Is SERI's price volatile compared to industry and market?
SERI volatility
SERI Average Weekly Movement5.8%
Electrical Industry Average Movement5.8%
Market Average Movement5.1%
10% most volatile stocks in IT Market7.4%
10% least volatile stocks in IT Market3.3%

Stable Share Price: SERI is not significantly more volatile than the rest of Italian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: SERI's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1999710Vittorio Civitillohttps://www.seri-industrial.it

Seri Industrial S.p.A., through its subsidiaries, engages in the production and recycling of plastic materials for the electric accumulators, automotive, hydro-thermo-sanitary, civil, and naval shipbuilding markets. The company produces special compounds, molding of boxes, and covers for batteries; and extrusion and molding of pipes, fittings, and special pieces. It is involved in the production and recycling of lead and lithium batteries for various applications, such as industrial traction, storage, and military applications; design and construction of plants for the recovery of exhausted accumulators; and design of battery recycling plants under the FAAM brand.

Seri Industrial Fundamentals Summary

How do Seri Industrial's earnings and revenue compare to its market cap?
SERI fundamental statistics
Market Cap€345.05m
Earnings (TTM)-€1.53m
Revenue (TTM)€165.48m

2.1x

P/S Ratio

-225.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SERI income statement (TTM)
Revenue€165.48m
Cost of Revenue€123.70m
Gross Profit€41.78m
Other Expenses€43.32m
Earnings-€1.53m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.031
Gross Margin25.25%
Net Profit Margin-0.93%
Debt/Equity Ratio80.0%

How did SERI perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

SERI 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/Revenue2.7x
Enterprise Value/EBITDA28.8x
PEG Ration/a

Price to Sales Ratio vs Peers

How does SERI's PS Ratio compare to its peers?

SERI PS Ratio vs Peers
The above table shows the PS ratio for SERI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.7x
CMB Cembre
2.5x5.2%€450.9m
BE Beghelli
0.5x1.3%€73.8m
IRC IRCE
0.1x2.0%€59.5m
DNR Industrie De Nora
3.7xn/a€2.3b
SERI Seri Industrial
2.1x44.5%€345.0m

Price-To-Sales vs Peers: SERI is expensive based on its Price-To-Sales Ratio (2.1x) compared to the peer average (1.7x).


Price to Earnings Ratio vs Industry

How does SERI's PE Ratio compare vs other companies in the European Electrical Industry?

Price-To-Sales vs Industry: SERI is expensive based on its Price-To-Sales Ratio (2.1x) compared to the Italian Electrical industry average (1.5x)


Price to Sales Ratio vs Fair Ratio

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

SERI PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.1x
Fair PS Ratio3.8x

Price-To-Sales vs Fair Ratio: SERI is good value based on its Price-To-Sales Ratio (2.1x) compared to the estimated Fair Price-To-Sales Ratio (3.8x).


Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate SERI's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate SERI's fair value for valuation analysis.


Price to Earnings Growth Ratio

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


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Future Growth

How is Seri Industrial forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

6/6

Future Growth Score 6/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


100.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SERI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).

Earnings vs Market: SERI is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: SERI is expected to become profitable in the next 3 years.

Revenue vs Market: SERI's revenue (44.5% per year) is forecast to grow faster than the Italian market (0.3% per year).

High Growth Revenue: SERI's revenue (44.5% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SERI's Return on Equity is forecast to be high in 3 years time (32.2%)


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Past Performance

How has Seri Industrial performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


3.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SERI is currently unprofitable.

Growing Profit Margin: SERI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SERI is unprofitable, but has reduced losses over the past 5 years at a rate of 3.2% per year.

Accelerating Growth: Unable to compare SERI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SERI is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (55%).


Return on Equity

High ROE: SERI has a negative Return on Equity (-1.24%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Seri Industrial's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: SERI's short term assets (€153.7M) exceed its short term liabilities (€153.7M).

Long Term Liabilities: SERI's short term assets (€153.7M) exceed its long term liabilities (€71.4M).


Debt to Equity History and Analysis

Debt Level: SERI's net debt to equity ratio (63.2%) is considered high.

Reducing Debt: SERI's debt to equity ratio has increased from 8.1% to 80% over the past 5 years.


Balance Sheet


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: SERI has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if SERI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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Dividend

What is Seri Industrial current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate SERI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SERI'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 SERI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SERI's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as SERI has not reported any payouts.


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Management

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

5.9yrs

Average management tenure


CEO

Vittorio Civitillo

no data

Tenure

Mr. Vittorio Civitillo serves as the Chief Executive Officer and Director at Seri Industrial S.p.A and served as its Vice Chairman of the Board until September 2019. He serves as the Sole Director of Indus...


Leadership Team

Experienced Management: SERI's management team is seasoned and experienced (5.9 years average tenure).


Board Members

Experienced Board: SERI's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


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 been diluted in the past year, with total shares outstanding growing by 3.6%.


Top Shareholders

Company Information

Seri Industrial S.p.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Seri Industrial S.p.A.
  • Ticker: SERI
  • Exchange: BIT
  • Founded: 1999
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Implied Market Cap: €345.047m
  • Shares outstanding: 49.01m
  • Website: https://www.seri-industrial.it

Number of Employees


Location

  • Seri Industrial S.p.A.
  • via Provinciale per Gioia
  • Centro Az. Quercete snc
  • San Potito Sannitico
  • Caserta
  • 81016
  • Italy

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/03 00:00
End of Day Share Price2022/07/01 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.