BIT:VIM

Stock Analysis Report

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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


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

VIMIndustryMarket
7 Day18.8%-0.06%2.6%
30 Day9.9%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 Yearn/a-12.8%-15.8%1.3%-8.6%
5 Yearn/a61.9%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

Valuation

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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VIMBIT (Borsa Italiana)YesOrdinary SharesITEURAug 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/25 21:03
End of Day Share Price2020/11/24 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.