BIT:ATH

Stock Analysis Report

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Executive Summary

Ambienthesis S.p.A. engages in the reclamation, environmental remediation and treatment, recovery, and disposal of special, hazardous, and non-hazardous waste in Italy.


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

How has Ambienthesis's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ATH has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.0%

ATH

-3.8%

IT Commercial Services

-2.3%

IT Market


1 Year Return

59.7%

ATH

-32.3%

IT Commercial Services

-9.4%

IT Market

Return vs Industry: ATH exceeded the Italian Commercial Services industry which returned -32.9% over the past year.

Return vs Market: ATH exceeded the Italian Market which returned -11.3% over the past year.


Shareholder returns

ATHIndustryMarket
7 Day-2.0%-3.8%-2.3%
30 Day0.7%-10.6%-1.9%
90 Day3.2%-8.8%10.2%
1 Year62.5%59.7%-31.5%-32.3%-7.0%-9.4%
3 Year52.2%46.3%-34.9%-38.1%-8.8%-17.1%
5 Year20.5%15.9%-23.1%-31.1%-11.3%-39.4%

Price Volatility Vs. Market

How volatile is Ambienthesis's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Ambienthesis undervalued compared to its fair value and its price relative to the market?

15.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ATH (€0.58) is trading below our estimate of fair value (€0.69)

Significantly Below Fair Value: ATH is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: ATH is poor value based on its PE Ratio (11.7x) compared to the IT Commercial Services industry average (10.8x).

PE vs Market: ATH is good value based on its PE Ratio (11.7x) compared to the Italian market (15.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ATH's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ATH is good value based on its PB Ratio (1x) compared to the IT Commercial Services industry average (2x).


Next Steps

Future Growth

How is Ambienthesis forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

25.7%

Forecasted Commercial Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ambienthesis has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Ambienthesis performed over the past 5 years?

61.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ATH has high quality earnings.

Growing Profit Margin: ATH's current net profit margins (5.1%) are higher than last year (3.9%).


Past Earnings Growth Analysis

Earnings Trend: ATH has become profitable over the past 5 years, growing earnings by 61.9% per year.

Accelerating Growth: ATH's earnings growth over the past year (37.7%) is below its 5-year average (61.9% per year).

Earnings vs Industry: ATH earnings growth over the past year (37.7%) underperformed the Commercial Services industry 43.3%.


Return on Equity

High ROE: ATH's Return on Equity (9.1%) is considered low.


Next Steps

Financial Health

How is Ambienthesis's financial position?


Financial Position Analysis

Short Term Liabilities: ATH's short term assets (€51.9M) exceed its short term liabilities (€42.8M).

Long Term Liabilities: ATH's short term assets (€51.9M) exceed its long term liabilities (€18.7M).


Debt to Equity History and Analysis

Debt Level: ATH's debt to equity ratio (16.2%) is considered satisfactory.

Reducing Debt: ATH's debt to equity ratio has reduced from 22.5% to 16.2% over the past 5 years.

Debt Coverage: ATH's debt is well covered by operating cash flow (55.5%).

Interest Coverage: ATH's interest payments on its debt are well covered by EBIT (16.8x coverage).


Balance Sheet


Next Steps

Dividend

What is Ambienthesis's current dividend yield, its reliability and sustainability?

1.82%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ATH's dividend (1.82%) isn’t notable compared to the bottom 25% of dividend payers in the Italian market (1.88%).

High Dividend: ATH's dividend (1.82%) is low compared to the top 25% of dividend payers in the Italian market (5.26%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, ATH has been paying a dividend for less than 10 years.

Growing Dividend: ATH's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (21.2%), ATH's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.3yrs

Average board tenure


CEO

Damiano Belli (53 yo)

5.67yrs

Tenure

€20,000

Compensation

Mr. Damiano Belli has been Chief Executive Officer and Executive Director at Ambienthesis SpA since December 16, 2014. Mr. Belli has been Manager at Green Holding Spa since July 2014. He has been Chief Exe ...


CEO Compensation Analysis

Compensation vs Market: Damiano's total compensation ($USD0.00) is below average for companies of similar size in the Italian market ($USD488.82K).

Compensation vs Earnings: Damiano's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Giovanni Bozzetti
President of Board of Directors & Investor Relations Managerno data€70.00kno data
Damiano Belli
CEO & Executive Director5.67yrs€20.00kno data
Andrea Monorchio
Honorary Chairman12.92yrsno datano data
Giovanni Mangialardi
Non-Executive Director10.33yrs€10.00kno data
Michaela Marcarini
Statutory Standing Auditorno data€29.00kno data
Paola Margutti
Independent Non-Executive Director7.25yrs€10.00kno data
Susanna Pedretti
Independent Non-Executive Director7.25yrs€10.00kno data
Enrico Calabretta
Statutory Standing Auditorno datano datano data
Roberto Zocchi
Non-Executive Director1.25yrsno datano data
Gabriella Chiellino
Independent Non-Executive Director1.25yrsno datano data
Bernardino Quattrociocchi
Chairman of Board of Statutory Auditorsno datano datano data

7.3yrs

Average Tenure

52yo

Average Age

Experienced Board: ATH's board of directors are considered experienced (7.3 years average tenure).


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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Ambienthesis S.p.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ambienthesis S.p.A.
  • Ticker: ATH
  • Exchange: BIT
  • Founded:
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Market Cap: €50.973m
  • Shares outstanding: 88.19m
  • Website: https://www.ambienthesis.it

Location

  • Ambienthesis S.p.A.
  • Via Cassanese 45
  • Segrate
  • Milan
  • 20090
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ATHBIT (Borsa Italiana)YesCommon StockITEURDec 2006
SJWBST (Boerse-Stuttgart)YesCommon StockDEEURDec 2006
ATHMBATS-CHIXE (BATS 'Chi-X Europe')YesCommon StockGBEURDec 2006
0NIILSE (London Stock Exchange)YesCommon StockGBEURDec 2006

Biography

Ambienthesis S.p.A. engages in the reclamation, environmental remediation and treatment, recovery, and disposal of special, hazardous, and non-hazardous waste in Italy. The company designs, constructs, and ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/03 22:40
End of Day Share Price2020/08/03 00:00
Earnings2019/12/31
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.