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.
Very undervalued with reasonable growth potential.
Share Price & News
How has Tesmec's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TES's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: TES underperformed the Italian Machinery industry which returned -27.8% over the past year.
Return vs Market: TES underperformed the Italian Market which returned -22% over the past year.
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
1 month ago | Simply Wall StDoes Tesmec (BIT:TES) Have A Healthy Balance Sheet?
1 month ago | Simply Wall StIs Tesmec S.p.A.'s (BIT:TES) CEO Paid At A Competitive Rate?
2 months ago | Simply Wall StSome Tesmec (BIT:TES) Shareholders Are Down 37%
Is Tesmec 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: TES (€0.29) is trading below our estimate of fair value (€0.37)
Significantly Below Fair Value: TES is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TES is good value based on its PE Ratio (9.8x) compared to the Machinery industry average (13.2x).
PE vs Market: TES is good value based on its PE Ratio (9.8x) compared to the Italian market (13.2x).
Price to Earnings Growth Ratio
PEG Ratio: TES is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: TES is good value based on its PB Ratio (0.6x) compared to the IT Machinery industry average (1.2x).
How is Tesmec forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TES's forecast earnings growth (52.2% per year) is above the savings rate (1.2%).
Earnings vs Market: TES's earnings (52.2% per year) are forecast to grow faster than the Italian market (11.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TES's revenue (8.8% per year) is forecast to grow faster than the Italian market (-0.2% per year).
High Growth Revenue: TES's revenue (8.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TES's Return on Equity is forecast to be low in 3 years time (17%).
How has Tesmec performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TES has high quality earnings.
Growing Profit Margin: TES's current net profit margins (1.5%) are higher than last year (0.01%).
Past Earnings Growth Analysis
Earnings Trend: TES's earnings have declined by -42.6% per year over the past 5 years.
Accelerating Growth: TES's earnings growth over the past year (10496.4%) exceeds its 5-year average (-42.6% per year).
Earnings vs Industry: TES earnings growth over the past year (10496.4%) exceeded the Machinery industry -20.2%.
Return on Equity
High ROE: TES's Return on Equity (6.4%) is considered low.
How is Tesmec's financial position?
Financial Position Analysis
Short Term Liabilities: TES's short term assets (€194.5M) exceed its short term liabilities (€175.3M).
Long Term Liabilities: TES's short term assets (€194.5M) exceed its long term liabilities (€75.1M).
Debt to Equity History and Analysis
Debt Level: TES's debt to equity ratio (119.4%) is considered high.
Reducing Debt: TES's debt to equity ratio has reduced from 160.3% to 119.4% over the past 5 years.
Debt Coverage: TES's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TES's interest payments on its debt are not well covered by EBIT (1.7x coverage).
What is Tesmec's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
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.
Stability and Growth of Payments
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 the Italian market.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ambrogio Dominioni (73yo)
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 ($USD524.88K) is above average for companies of similar size in the Italian market ($USD345.54K).
Compensation vs Earnings: Ambrogio's compensation has been consistent with company performance over the past year.
|Chairman & CEO||no data||€480.00k||0.15% €44.4k|
|Lead Independent Director||10.17yrs||€30.00k||no data|
|Vice Chairman||no data||€83.20k||0.099% €28.8k|
|Independent Director||no data||€20.00k||no data|
|Independent Director||10.17yrs||€20.00k||no data|
|Chairman of Board of Statutory Auditors||no data||€38.72k||no data|
|Independent Director||10.17yrs||€20.80k||no data|
|Statutory Auditor & Member of Supervisory Board||10.17yrs||€26.47k||0.011% €3.3k|
|Director||no data||€20.00k||0.0093% €2.7k|
Experienced Board: TES's board of directors are seasoned and experienced ( 10.2 years average tenure).
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 not been meaningfully diluted in the past year.
Tesmec S.p.A.'s company bio, employee growth, exchange listings and data sources
- Name: Tesmec S.p.A.
- Ticker: TES
- Exchange: BIT
- Founded: 1951
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: €29.176m
- Shares outstanding: 102.37m
- Website: https://www.tesmec.com
Number of Employees
- Tesmec S.p.A.
- Via Zanica, 17/O
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TES||BIT (Borsa Italiana)||Yes||Ordinary Shares||IT||EUR||Jul 2010|
|0MVJ||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||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|
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. It operates through Energy, Trencher, and Rail segments. The company offers stringing machines, accessories, and tools, including winches, pullers, tensioners, puller-tensioners, reel and drum elevators, ropes, pulleys, head boards, trolleys, light alloy structures, and safety devices, as well as additional devices, equipment, and accessories for underground cables laying. It also provides energy automation products comprising powerline communication systems, teleprotection equipment, remote terminal units, smart metering tools, protection relays, T-protection and measure relays, directional fault detectors, portable discoverers, pole discoverers, and smart sensors; and engineering, integration, training, commissioning, and after-sale support services. In addition, the company offers trenchers, surface miners, multifunctional machines, georadar explorer accessories, minitrenches, automatic machine guidance systems, control systems, and remote monitoring systems; and railway catenary installation products, including constant tension stringing units, catenary maintenance multipurpose units, track maintenance units, shunting locomotives, and the pantograph for catenary parameters measurement. Further, it provides consultancy and excavation services for power lines and fiber optic cables. Tesmec S.p.A. was founded in 1951 and is headquartered in Grassobbio, Italy.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/10 04:14|
|End of Day Share Price||2020/04/09 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.