Openjobmetis S.p.A. operates as an employment agency in Italy.
Flawless balance sheet and undervalued.
Share Price & News
How has Openjobmetis's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: OJM's share price has been volatile over the past 3 months.
7 Day Return
IT Professional Services
1 Year Return
IT Professional Services
Return vs Industry: OJM underperformed the Italian Professional Services industry which returned 27.3% over the past year.
Return vs Market: OJM underperformed the Italian Market which returned 7.4% over the past year.
Price Volatility Vs. Market
How volatile is Openjobmetis's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StAn Intrinsic Calculation For Openjobmetis S.p.A. (BIT:OJM) Suggests It's 31% Undervalued
3 weeks ago | Simply Wall StOpenjobmetis S.p.A. (BIT:OJM) Is An Attractive Dividend Stock - Here's Why
1 month ago | Simply Wall StRead This Before You Buy Openjobmetis S.p.A. (BIT:OJM) Because Of Its P/E Ratio
Is Openjobmetis undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: OJM (€6.68) is trading below our estimate of fair value (€11.01)
Significantly Below Fair Value: OJM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: OJM is good value based on its PE Ratio (8.4x) compared to the Professional Services industry average (20x).
PE vs Market: OJM is good value based on its PE Ratio (8.4x) compared to the Italian market (17.7x).
Price to Earnings Growth Ratio
PEG Ratio: OJM is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: OJM is good value based on its PB Ratio (0.9x) compared to the XE Professional Services industry average (2.2x).
How is Openjobmetis forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OJM's forecast earnings growth (4.8% per year) is above the savings rate (1.2%).
Earnings vs Market: OJM's earnings (4.8% per year) are forecast to grow slower than the Italian market (10% per year).
High Growth Earnings: OJM's earnings are forecast to grow, but not significantly.
Revenue vs Market: OJM's revenue (2.3% per year) is forecast to grow slower than the Italian market (4.2% per year).
High Growth Revenue: OJM's revenue (2.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: OJM's Return on Equity is forecast to be low in 3 years time (10.1%).
How has Openjobmetis performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OJM has high quality earnings.
Growing Profit Margin: OJM's current net profit margins (1.9%) are lower than last year (2%).
Past Earnings Growth Analysis
Earnings Trend: OJM's earnings have grown significantly by 22.4% per year over the past 5 years.
Accelerating Growth: OJM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: OJM had negative earnings growth (-8.1%) over the past year, making it difficult to compare to the Professional Services industry average (18.2%).
Return on Equity
High ROE: OJM's Return on Equity (10.8%) is considered low.
How is Openjobmetis's financial position?
Financial Position Analysis
Short Term Liabilities: OJM's short term assets (€125.9M) exceed its short term liabilities (€97.1M).
Long Term Liabilities: OJM's short term assets (€125.9M) exceed its long term liabilities (€20.2M).
Debt to Equity History and Analysis
Debt Level: OJM's debt to equity ratio (18%) is considered satisfactory.
Reducing Debt: OJM's debt to equity ratio has reduced from 175.7% to 18% over the past 5 years.
Debt Coverage: OJM's debt is well covered by operating cash flow (64.7%).
Interest Coverage: OJM's interest payments on its debt are well covered by EBIT (31.5x coverage).
Inventory Level: OJM has a low level of unsold assets or inventory.
Debt Coverage by Assets: OJM's debt is covered by short term assets (assets are 6.9x debt).
What is Openjobmetis's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: OJM's dividend (3.44%) is higher than the bottom 25% of dividend payers in the Italian market (2.08%).
High Dividend: OJM's dividend (3.44%) is low compared to the top 25% of dividend payers in the Italian market (4.73%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether OJM's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if OJM's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (29%), OJM's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: OJM's dividends in 3 years are forecast to be well covered by earnings (25% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Rosario Rasizza (51yo)
Dott. Rosario Rasizza serves as Board Member at Green Arrow Capital SGR since 2019. Rosario Rasizza serves as the Chief Executive Officer and Managing Director at Openjobmetis S.p.A. In 1997, he started h ...
CEO Compensation Analysis
Compensation vs Market: Rosario's total compensation ($USD0.00) is below average for companies of similar size in the Italian market ($USD343.78K).
Compensation vs Earnings: Rosario's compensation has been consistent with company performance over the past year.
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.
Openjobmetis S.p.A.'s company bio, employee growth, exchange listings and data sources
- Name: Openjobmetis S.p.A.
- Ticker: OJM
- Exchange: BIT
- Industry: Human Resource and Employment Services
- Sector: Commercial Services
- Market Cap: €88.534m
- Shares outstanding: 13.25m
- Website: https://www.openjobmetis.it
Number of Employees
- Openjobmetis S.p.A.
- Via Marsala 40/C
- Centro Direzionale Le Torri
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|OJM||BIT (Borsa Italiana)||Yes||Common Stock||IT||EUR||Dec 2015|
|3OM||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 2015|
|0RD2||LSE (London Stock Exchange)||Yes||Common Stock||GB||EUR||Dec 2015|
|OJMM||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Stock||GB||EUR||Dec 2015|
Openjobmetis S.p.A. operates as an employment agency in Italy. It offers temporary or permanent placement, staff leasing, personnel recruitment and selection, training, and outplacement services, as well as manages employment relationship from the bureaucratic-administrative aspects to training. The company offers its services to the naval, industrial, family care, large-scale retail trade, bank and finance, health, information and communication technology, agro-industrial, hotel, restaurant, and catering sectors. Openjobmetis S.p.A. is headquartered in Gallarate, Italy.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 22:52|
|End of Day Share Price||2020/02/25 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.