vimi fasteners
Market Cap
€11.8m
Last Updated
2020/11/25 21:03 UTC
Data Sources
Company Financials +
Executive Summary
Vimi Fasteners S.p.A. manufactures and supplies various fastener systems for the automotive, industrial engine and vehicle, oil and gas, and aerospace and motorsport markets in Italy. More Details
Rewards
Risk Analysis
Snowflake Analysis
Very undervalued with reasonable growth potential.
Share Price & News
How has vimi fasteners's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VIM is more volatile than 90% of Italian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: VIM's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Italian stocks.
Market Performance
7 Day Return
18.8%
VIM
-0.06%
IT Machinery
2.6%
IT Market
1 Year Return
-57.0%
VIM
1.2%
IT Machinery
-9.5%
IT Market
Return vs Industry: VIM underperformed the Italian Machinery industry which returned 3.3% over the past year.
Return vs Market: VIM underperformed the Italian Market which returned -9.9% over the past year.
Shareholder returns
| VIM | Industry | Market | |
|---|---|---|---|
| 7 Day | 18.8% | -0.06% | 2.6% |
| 30 Day | 9.9% | 9.0% | 15.7% |
| 90 Day | -15.7% | 12.4% | 9.8% |
| 1 Year | -57.0%-57.0% | 1.9%1.2% | -7.0%-9.5% |
| 3 Year | n/a | -12.8%-15.8% | 1.3%-8.6% |
| 5 Year | n/a | 61.9%51.2% | 5.3%-27.5% |
Long-Term Price Volatility Vs. Market
How volatile is vimi fasteners's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Improved Earnings Required Before vimi fasteners S.p.a. (BIT:VIM) Shares Find Their Feet5 months ago | Simply Wall St
What Is vimi fasteners's (BIT:VIM) P/E Ratio After Its Share Price Tanked?6 months ago | Simply Wall St
A Sliding Share Price Has Us Looking At vimi fasteners S.p.a.'s (BIT:VIM) P/E RatioValuation
Is vimi fasteners undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VIM (€0.89) is trading below our estimate of fair value (€1.9)
Significantly Below Fair Value: VIM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VIM is good value based on its PE Ratio (10.5x) compared to the IT Machinery industry average (16.8x).
PE vs Market: VIM is good value based on its PE Ratio (10.5x) compared to the Italian market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: VIM is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: VIM is good value based on its PB Ratio (0.6x) compared to the IT Machinery industry average (1.3x).
Next Steps
Future Growth
How is vimi fasteners forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
55.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VIM's forecast earnings growth (55.9% per year) is above the savings rate (2%).
Earnings vs Market: VIM's earnings (55.9% per year) are forecast to grow faster than the Italian market (24.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: VIM's revenue (5.3% per year) is forecast to grow faster than the Italian market (3.4% per year).
High Growth Revenue: VIM's revenue (5.3% 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 VIM's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has vimi fasteners performed over the past 5 years?
5.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VIM has a high level of non-cash earnings.
Growing Profit Margin: VIM became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: VIM's earnings have grown by 5.3% per year over the past 5 years.
Accelerating Growth: VIM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: VIM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (-7.3%).
Return on Equity
High ROE: VIM's Return on Equity (3.4%) is considered low.
Next Steps
Financial Health
How is vimi fasteners's financial position?
Financial Position Analysis
Short Term Liabilities: VIM's short term assets (€19.4M) exceed its short term liabilities (€8.1M).
Long Term Liabilities: VIM's short term assets (€19.4M) do not cover its long term liabilities (€24.1M).
Debt to Equity History and Analysis
Debt Level: VIM's debt to equity ratio (65.3%) is considered high.
Reducing Debt: Insufficient data to determine if VIM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: VIM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if VIM's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is vimi fasteners's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VIM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VIM'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 VIM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VIM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: VIM is not paying a notable dividend for the Italian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of VIM's dividend in 3 years as they are not forecast to pay a notable one for the Italian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Marco Sargenti (59 yo)
2.33yrs
Tenure
Mr. Marco Sargenti has been the Chief Executive Officer of vimi fasteners S.p.a. since July 2018 and serves as its Director.
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
vimi fasteners S.p.a.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: vimi fasteners S.p.a.
- Ticker: VIM
- Exchange: BIT
- Founded: 1967
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: €11.785m
- Shares outstanding: 13.32m
- Website: https://www.vimifasteners.com
Location
- vimi fasteners S.p.a.
- Via Labriola, 19
- Novellara
- Reggio Emilia
- 42017
- Italy
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| VIM | BIT (Borsa Italiana) | Yes | Ordinary Shares | IT | EUR | Aug 2018 |
Biography
Vimi Fasteners S.p.A. manufactures and supplies various fastener systems for the automotive, industrial engine and vehicle, oil and gas, and aerospace and motorsport markets in Italy. The company offers cr...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/25 21:03 |
| End of Day Share Price | 2020/11/24 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.