Tesmec
Market Cap
€40.9m
Last Updated
2019/10/15 21:05 UTC
Data Sources
Company Financials +
Executive Summary
Tesmec S.p.A. designs, produces, and markets products and integrated solutions for the construction, maintenance, and streamlining of infrastructures relating to the transmission of electrical power, data, and material transport in Italy, rest of Europe, the Middle East, Africa, North and Central America, and BRIC and other countries.
Snowflake
Fundamentals
Reasonable growth potential and slightly overvalued.
Share Price & News
How has Tesmec's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-1.0%
TES
-1.0%
IT Machinery
3.1%
IT Market
1 Year Return
-9.9%
TES
-17.5%
IT Machinery
8.8%
IT Market
Return vs Industry: TES exceeded the Italian Machinery industry which returned -17.5% over the past year.
Return vs Market: TES underperformed the Italian Market which returned 8.8% over the past year.
Shareholder returns
| TES | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.0% | -1.0% | 3.1% |
| 30 Day | -4.1% | -6.8% | 0.06% |
| 90 Day | -12.9% | -8.0% | -0.2% |
| 1 Year | -9.9%-9.9% | -16.1%-17.5% | 13.6%8.8% |
| 3 Year | -19.2%-19.2% | 34.3%28.8% | 29.2%11.3% |
| 5 Year | -32.4%-37.5% | 81.3%70.2% | 23.6%-25.3% |
Price Volatility Vs. Market
How volatile is Tesmec's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
The Tesmec (BIT:TES) Share Price Is Down 39% So Some Shareholders Are Getting Worried1 month ago | Simply Wall St
Calculating The Fair Value Of Tesmec S.p.A. (BIT:TES)1 month ago | Simply Wall St
Why Tesmec S.p.A.’s (BIT:TES) Return On Capital Employed Might Be A ConcernValuation
Is Tesmec undervalued compared to its fair value and its price relative to the market?
10.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: TES (€0.4) is trading below our estimate of fair value (€0.44)
Significantly Undervalued: TES is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: TES is poor value based on its PE Ratio (2409.6x) compared to the Machinery industry average (16.4x).
PE vs Market: TES is poor value based on its PE Ratio (2409.6x) compared to the Italian market (17x).
Price to Earnings Growth Ratio
Low PEG Ratio: TES is poor value based on its PEG Ratio (43.6x)
Price to Book Ratio
PB vs Industry: TES is good value based on its PB Ratio (0.9x) compared to the IT Machinery industry average (1.5x).
Next Steps
Future Growth
How is Tesmec forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
55.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TES's forecast earnings growth (55.2% per year) is above the savings rate (2.9%).
Earnings vs Market: TES's earnings (55.2% per year) are forecast to grow faster than the Italian market (8.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TES's revenue (5.3% per year) is forecast to grow faster than the Italian market (3.1% per year).
High Growth Revenue: TES's revenue (5.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: TES's Return on Equity is forecast to be low in 3 years time (17.4%).
Next Steps
Past Performance
How has Tesmec performed over the past 5 years?
-49.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: TES's earnings have declined by -49.2% per year over the past 5 years.
Accelerating Growth: TES's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TES had negative earnings growth (-98.1%) over the past year, making it difficult to compare to the Machinery industry average (-13.2%).
Return on Equity
High ROE: TES's Return on Equity (0.09%) is considered low.
Return on Assets
ROA vs Industry: TES's Return on Assets is below or equal to the Machinery industry average last year.
Return on Capital Employed
ROCE Improving: TES's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Tesmec's financial position?
Financial Position Analysis
Short Term Liabilities: TES's short term assets (€193.9M) exceeds its short term liabilities (€173.5M)
Long Term Liabilities: TES's short term assets (193.9M) exceeds its long term liabilities (76.4M)
Debt to Equity History and Analysis
Debt Level: TES's debt to equity ratio (280.4%) is considered high
Reducing Debt: TES's debt to equity ratio has increased from 200.1% to 280.4% over the past 5 years.
Debt Coverage: TES's debt is not well covered by operating cash flow (11.5%).
Interest Coverage: TES's interest payments on its debt are not well covered by EBIT (0.9x coverage).
Balance Sheet
Inventory Level: TES has a high level of physical assets or inventory.
Debt Coverage by Assets: TES's debt is covered by short term assets (assets are 1.576730x debt).
Next Steps
Dividend
What is Tesmec's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate TES's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate TES's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stable Dividend: Insufficient data to determine if TES's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TES's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TES is not paying a notable dividend for .
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TES's dividend in 3 years as they are not forecast to pay a notable one for the Italian market.
Next Steps
Management
What is the CEO of Tesmec's salary, the management and board of directors tenure and is there insider trading?
9.7yrs
Average board tenure
CEO
Ambrogio Dominioni (73yo)
0yrs
Tenure
€480,000
Compensation
Mr. Ambrogio Caccia Dominioni serves as the Chairman of the Board and Chief Executive Officer of Tesmec S.p.A. and served as its Managing Director. From 1971 to 1979, Mr. Dominioni served for Andersen Cons ...
CEO Compensation Analysis
Compensation vs. Market: Ambrogio's total compensation ($USD529.74K) is about average for companies of similar size in the Italian market ($USD0.00).
Compensation vs Earnings: Ambrogio's compensation has been consistent with company performance over the past year.
Board Age and Tenure
9.7yrs
Average Tenure
60yo
Average Age
Experienced Board: TES's board of directors are considered experienced (9.7 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Ambrogio Dominioni (73yo)
Chairman & CEO
- Tenure: 0yrs
- Compensation: €480.00k
Marco Paredi
Investor Relations Manager
- Tenure: 0yrs
Board Members
Ambrogio Dominioni (73yo)
Chairman & CEO
- Tenure: 0yrs
- Compensation: €480.00k
Gioacchino Attanzio (76yo)
Lead Independent Director
- Tenure: 9.7yrs
- Compensation: €30.00k
Gianluca Bolelli (60yo)
Vice Chairman
- Tenure: 0yrs
- Compensation: €83.20k
Paola Durante
Independent Director
- Tenure: 0yrs
- Compensation: €20.00k
Guido Giuseppe Corbetta (60yo)
Independent Director
- Tenure: 9.7yrs
- Compensation: €20.00k
Simone Cavalli (54yo)
Chairman of Board of Statutory Auditors
- Tenure: 0yrs
- Compensation: €38.72k
Caterina Dominioni (40yo)
Director
- Tenure: 9.7yrs
- Compensation: €52.00k
Sergio Arnoldi (72yo)
Independent Director
- Tenure: 9.7yrs
- Compensation: €20.80k
Stefano Chirico (52yo)
Statutory Auditor & Member of Supervisory Board
- Tenure: 9.7yrs
- Compensation: €26.47k
Lucia Dominioni
Director
- Tenure: 0yrs
- Compensation: €20.00k
Company Information
Tesmec S.p.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Tesmec S.p.A.
- Ticker: TES
- Exchange: BIT
- Founded: 1951
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: €40.949m
- Shares outstanding: 102.37m
- Website: https://www.tesmec.com
Number of Employees
Location
- Tesmec S.p.A.
- Via Zanica, 17/O
- Grassobbio
- Bergamo
- 24050
- Italy
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TES | BIT (Borsa Italiana) | Yes | Ordinary Shares | IT | EUR | Jul 2010 |
| 2GV | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jul 2010 |
| TESM | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Jul 2010 |
Biography
Tesmec S.p.A. designs, produces, and markets products and integrated solutions for the construction, maintenance, and streamlining of infrastructures relating to the transmission of electrical power, data, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/15 21:05 |
| End of Day Share Price | 2019/10/15 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.