Upcoming Dividend • May 04
Upcoming dividend of €0.09 per share Eligible shareholders must have bought the stock before 11 May 2026. Payment date: 13 May 2026. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Italian dividend payers (4.5%). In line with average of industry peers (1.3%). Reported Earnings • Apr 17
Full year 2025 earnings released: EPS: €0.60 (vs €0.67 in FY 2024) Full year 2025 results: EPS: €0.60. Revenue: €51.7m (down 1.2% from FY 2024). Net income: €4.27m (flat on FY 2024). Profit margin: 8.3% (up from 8.1% in FY 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Aerospace & Defense industry in Europe. Announcement • Apr 15
Technical Publications Service S.p.A., Annual General Meeting, Apr 29, 2026 Technical Publications Service S.p.A., Annual General Meeting, Apr 29, 2026, at 14:00 W. Europe Standard Time. Location: gallarate via lazzaretto n 12 c, va Italy New Risk • Apr 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (€53.6m market cap, or US$62.8m). Declared Dividend • Apr 02
Dividend increased to €0.09 Dividend of €0.09 is 13% higher than last year. Ex-date: 11th May 2026 Payment date: 13th May 2026 Dividend yield will be 1.2%, which is lower than the industry average of 1.6%. Sustainability & Growth The dividend has increased by an average of 6.9% per year over the past 7 years and payments have been stable during that time. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend. Announcement • Apr 01
Technical Publications Service S.p.A. announces Annual dividend, payable on May 13, 2026 Technical Publications Service S.p.A. announced Annual dividend of EUR 0.0900 per share payable on May 13, 2026, ex-date on May 11, 2026 and record date on May 12, 2026. Announcement • Jan 29
Technical Publications Service S.p.A. to Report First Half, 2026 Results on Sep 28, 2026 Technical Publications Service S.p.A. announced that they will report first half, 2026 results on Sep 28, 2026 Buy Or Sell Opportunity • Jul 17
Now 21% undervalued Over the last 90 days, the stock has risen 2.1% to €7.20. The fair value is estimated to be €9.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 8.3%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 27% in the next 2 years. Buy Or Sell Opportunity • Jun 24
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.4% to €7.30. The fair value is estimated to be €9.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 8.3%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 27% in the next 2 years. Buy Or Sell Opportunity • Jun 04
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.8% to €7.35. The fair value is estimated to be €9.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 8.3%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 27% in the next 2 years. Upcoming Dividend • Apr 28
Upcoming dividend of €0.08 per share Eligible shareholders must have bought the stock before 05 May 2025. Payment date: 07 May 2025. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Italian dividend payers (5.7%). Lower than average of industry peers (1.4%). Announcement • Apr 15
Technical Publications Service S.p.A., Annual General Meeting, Apr 29, 2025 Technical Publications Service S.p.A., Annual General Meeting, Apr 29, 2025, at 11:00 W. Europe Standard Time. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €6.50, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 22x in the Aerospace & Defense industry in Europe. Total returns to shareholders of 27% over the past three years. Declared Dividend • Apr 03
Dividend of €0.08 announced Dividend of €0.08 is the same as last year. Ex-date: 5th May 2025 Payment date: 7th May 2025 Dividend yield will be 1.1%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has increased by an average of 8.1% per year over the past 6 years and payments have been stable during that time. EPS is expected to remain steady over the next 2 years, which should provide adequate earnings cover for the dividend. Reported Earnings • Apr 03
Full year 2024 earnings released Full year 2024 results: Revenue: €52.3m (up 8.5% from FY 2023). Net income: €4.48m (up 34% from FY 2023). Profit margin: 8.6% (up from 6.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.2% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Aerospace & Defense industry in Europe. Announcement • Apr 02
Technical Publications Service S.p.A. announces Annual dividend, payable on May 07, 2025 Technical Publications Service S.p.A. announced Annual dividend of EUR 0.0800 per share payable on May 07, 2025, ex-date on May 05, 2025 and record date on May 06, 2025. Announcement • Jan 28
Technical Publications Service S.p.A. to Report First Half, 2025 Results on Sep 26, 2025 Technical Publications Service S.p.A. announced that they will report first half, 2025 results on Sep 26, 2025 Reported Earnings • Sep 29
First half 2024 earnings released: EPS: €0.34 (vs €0.26 in 1H 2023) First half 2024 results: EPS: €0.34 (up from €0.26 in 1H 2023). Revenue: €26.6m (up 17% from 1H 2023). Net income: €2.19m (up 16% from 1H 2023). Profit margin: 8.3% (down from 8.4% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Aerospace & Defense industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 6% per year. Upcoming Dividend • Apr 29
Upcoming dividend of €0.08 per share Eligible shareholders must have bought the stock before 06 May 2024. Payment date: 08 May 2024. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of Italian dividend payers (5.7%). Lower than average of industry peers (1.4%). Reported Earnings • Apr 18
Full year 2023 earnings released: EPS: €0.47 (vs €0.49 in FY 2022) Full year 2023 results: EPS: €0.47 (down from €0.49 in FY 2022). Revenue: €48.2m (up 27% from FY 2022). Net income: €3.35m (down 6.6% from FY 2022). Profit margin: 6.9% (down from 9.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Aerospace & Defense industry in Italy. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year. New Risk • Apr 09
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (€50.1m market cap, or US$54.4m). Upcoming Dividend • May 01
Upcoming dividend of €0.06 per share at 1.1% yield Eligible shareholders must have bought the stock before 08 May 2023. Payment date: 10 May 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Italian dividend payers (5.1%). Lower than average of industry peers (1.6%). Announcement • Jan 30
Technical Publications Service S.p.A., Annual General Meeting, Apr 28, 2023 Technical Publications Service S.p.A., Annual General Meeting, Apr 28, 2023. Agenda: To approve financial statements as at 31 December 2022. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Director Stefano Meo was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improved over the past week After last week's 15% share price gain to €5.65, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 20x in the Aerospace & Defense industry in Italy. Total returns to shareholders of 34% over the past three years. Reported Earnings • Sep 23
First half 2022 earnings released: EPS: €0 (vs €0.26 in 1H 2021) First half 2022 results: EPS: €0. Revenue: €19.2m (up 8.6% from 1H 2021). Net income: €2.04m (up 6.5% from 1H 2021). Profit margin: 11% (in line with 1H 2021). Upcoming Dividend • May 02
Upcoming dividend of €0.06 per share Eligible shareholders must have bought the stock before 09 May 2022. Payment date: 11 May 2022. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Italian dividend payers (4.7%). Lower than average of industry peers (1.6%). Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Director Stefano Meo was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Apr 17
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: €0.47 (up from €0.21 in FY 2020). Revenue: €37.5m (up 21% from FY 2020). Net income: €3.45m (up 129% from FY 2020). Profit margin: 9.2% (up from 4.9% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 27%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 8% per year. Reported Earnings • Sep 23
First half 2021 earnings released The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €17.7m (up 15% from 1H 2020). Net income: €1.92m (up 221% from 1H 2020). Profit margin: 11% (up from 3.9% in 1H 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Sep 21
Investor sentiment improved over the past week After last week's 19% share price gain to €5.40, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 28x in the Aerospace & Defense industry in Europe. Total returns to shareholders of 28% over the past three years. Reported Earnings • Mar 27
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €31.0m (down 16% from FY 2019). Net income: €1.56m (down 35% from FY 2019). Profit margin: 5.0% (down from 6.5% in FY 2019). The decrease in margin was driven by lower revenue. Is New 90 Day High Low • Feb 23
New 90-day high: €4.62 The company is up 38% from its price of €3.36 on 25 November 2020. The Italian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Aerospace & Defense industry, which is down 3.0% over the same period. Is New 90 Day High Low • Feb 06
New 90-day high: €3.80 The company is up 19% from its price of €3.20 on 06 November 2020. The Italian market is up 16% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Aerospace & Defense industry, which is up 22% over the same period. Announcement • Jan 09
Technical Publications Service S.p.A., Annual General Meeting, Apr 26, 2021 Technical Publications Service S.p.A., Annual General Meeting, Apr 26, 2021. Is New 90 Day High Low • Jan 06
New 90-day high: €3.76 The company is up 14% from its price of €3.30 on 08 October 2020. The Italian market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Aerospace & Defense industry, which is up 26% over the same period. Is New 90 Day High Low • Dec 16
New 90-day high: €3.58 The company is up 10.0% from its price of €3.26 on 17 September 2020. The Italian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Aerospace & Defense industry, which is up 19% over the same period. Is New 90 Day High Low • Sep 25
New 90-day low: €3.22 The company is down 13% from its price of €3.72 on 26 June 2020. The Italian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is down 4.0% over the same period. Reported Earnings • Sep 25
First half earnings released Over the last 12 months the company has reported total profits of €2.07m, down 7.4% from the prior year. Total revenue was €35.7m over the last 12 months, up 16% from the prior year.