F.I.L.A. - Fabbrica Italiana Lapis ed Affini S.p.A. More Details
Reasonable growth potential and slightly overvalued.
Share Price & News
How has F.I.L.A. - Fabbrica Italiana Lapis ed Affini's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FILA has not had significant price volatility in the past 3 months.
7 Day Return
IT Commercial Services
1 Year Return
IT Commercial Services
Return vs Industry: FILA underperformed the Italian Commercial Services industry which returned -35.6% over the past year.
Return vs Market: FILA underperformed the Italian Market which returned -14.2% over the past year.
Price Volatility Vs. Market
How volatile is F.I.L.A. - Fabbrica Italiana Lapis ed Affini's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWhat Type Of Shareholders Own The Most Number of F.I.L.A. - Fabbrica Italiana Lapis ed Affini S.p.A. (BIT:FILA) Shares?
3 weeks ago | Simply Wall StReflecting on F.I.L.A. - Fabbrica Italiana Lapis ed Affini's (BIT:FILA) Share Price Returns Over The Last Three Years
1 month ago | Simply Wall StIs F.I.L.A. - Fabbrica Italiana Lapis ed Affini (BIT:FILA) Using Too Much Debt?
Is F.I.L.A. - Fabbrica Italiana Lapis ed Affini undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FILA (€7.52) is trading above our estimate of fair value (€6.56)
Significantly Below Fair Value: FILA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FILA is poor value based on its PE Ratio (41.3x) compared to the IT Commercial Services industry average (17.9x).
PE vs Market: FILA is poor value based on its PE Ratio (41.3x) compared to the Italian market (15.9x).
Price to Earnings Growth Ratio
PEG Ratio: FILA is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: FILA is good value based on its PB Ratio (1.2x) compared to the IT Commercial Services industry average (2x).
How is F.I.L.A. - Fabbrica Italiana Lapis ed Affini forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FILA's forecast earnings growth (47.4% per year) is above the savings rate (2%).
Earnings vs Market: FILA's earnings (47.4% per year) are forecast to grow faster than the Italian market (23.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FILA's revenue (5.6% per year) is forecast to grow faster than the Italian market (3.6% per year).
High Growth Revenue: FILA's revenue (5.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FILA's Return on Equity is forecast to be low in 3 years time (11.5%).
How has F.I.L.A. - Fabbrica Italiana Lapis ed Affini performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FILA has a large one-off loss of €19.1M impacting its June 30 2020 financial results.
Growing Profit Margin: FILA's current net profit margins (1.5%) are lower than last year (2.9%).
Past Earnings Growth Analysis
Earnings Trend: FILA has become profitable over the past 5 years, growing earnings by 29.1% per year.
Accelerating Growth: FILA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FILA had negative earnings growth (-52%) over the past year, making it difficult to compare to the Commercial Services industry average (-44.7%).
Return on Equity
High ROE: FILA's Return on Equity (3%) is considered low.
How is F.I.L.A. - Fabbrica Italiana Lapis ed Affini's financial position?
Financial Position Analysis
Short Term Liabilities: FILA's short term assets (€565.4M) exceed its short term liabilities (€251.5M).
Long Term Liabilities: FILA's short term assets (€565.4M) do not cover its long term liabilities (€649.3M).
Debt to Equity History and Analysis
Debt Level: FILA's debt to equity ratio (179.3%) is considered high.
Reducing Debt: FILA's debt to equity ratio has increased from 66.6% to 179.3% over the past 5 years.
Debt Coverage: FILA's debt is not well covered by operating cash flow (16.2%).
Interest Coverage: FILA's interest payments on its debt are not well covered by EBIT (2.4x coverage).
What is F.I.L.A. - Fabbrica Italiana Lapis ed Affini current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FILA's dividend (1.06%) isn’t notable compared to the bottom 25% of dividend payers in the Italian market (1.63%).
High Dividend: FILA's dividend (1.06%) is low compared to the top 25% of dividend payers in the Italian market (5.5%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, FILA has been paying a dividend for less than 10 years.
Growing Dividend: FILA has only been paying a dividend for 5 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (44%), FILA's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FILA's dividends in 3 years are forecast to be thoroughly covered by earnings (10.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Massimo Candela (55 yo)
Dr. Massimo Candela serves as the Chief Executive Officer of Fila-Fabbrica Italiana Lapis ed Affini SpA and has been its Director since June 4, 2015. Dr. Candela serves as the Chairman of Dixon Ticonderoga ...
CEO Compensation Analysis
Compensation vs Market: Massimo's total compensation ($USD1.41M) is above average for companies of similar size in the Italian market ($USD846.95K).
Compensation vs Earnings: Massimo's compensation has been consistent with company performance over the past year.
|CEO & Director||no data||€1.20m||52.58% |
|Executive Director||5.25yrs||€400.00k||no data|
|Honorary Chairman||no data||€170.00k||no data|
|Lead Independent Director||4.92yrs||€52.00k||no data|
|Independent Director||6.17yrs||€27.00k||no data|
|Non-Executive Director||5.17yrs||€21.00k||no data|
|Statutory Auditor||3.17yrs||no data||no data|
|Independent Director||2.33yrs||€27.00k||no data|
|Independent Director||2.33yrs||€27.00k||no data|
|Chairman of the Board of Statutory Auditors||2.42yrs||no data||no data|
|Independent Director||1.83yrs||€21.00k||no data|
Experienced Board: FILA's board of directors are considered experienced (3.2 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.
F.I.L.A. - Fabbrica Italiana Lapis ed Affini S.p.A.'s company bio, employee growth, exchange listings and data sources
- Name: F.I.L.A. - Fabbrica Italiana Lapis ed Affini S.p.A.
- Ticker: FILA
- Exchange: BIT
- Founded: 1920
- Industry: Office Services and Supplies
- Sector: Commercial Services
- Market Cap: €384.842m
- Shares outstanding: 51.04m
- Website: https://www.fila.it
Number of Employees
- F.I.L.A. - Fabbrica Italiana Lapis ed Affini S.p.A.
- Via XXV Aprile 5
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|0QIQ||LSE (London Stock Exchange)||Yes||Common Stock||GB||EUR||Jun 2014|
|3S0||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jun 2014|
|FILAM||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Stock||GB||EUR||Jun 2014|
|FILA||BIT (Borsa Italiana)||Yes||Common Stock||IT||EUR||Jun 2014|
F.I.L.A. - Fabbrica Italiana Lapis ed Affini S.p.A. produces and sells coloring, designing, modelling, writing, and painting objects worldwide. The company provides pencils, crayons, modelling clays, chalk ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/30 22:01|
|End of Day Share Price||2020/09/30 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.