Tinexta S.p.A. provides digital trust, credit information and management, and innovation and marketing services to large companies, banks, insurance and financial companies, SMEs, associations, and professionals in Italy and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||€42.94|
|52 Week High||€17.54|
|52 Week Low||€44.06|
|1 Month Change||4.12%|
|3 Month Change||16.24%|
|1 Year Change||128.16%|
|3 Year Change||582.67%|
|5 Year Change||887.13%|
|Change since IPO||1,162.94%|
Recent News & Updates
Is Now An Opportune Moment To Examine Tinexta S.p.A. (BIT:TNXT)?
While Tinexta S.p.A. ( BIT:TNXT ) might not be the most widely known stock at the moment, it received a lot of...
Tinexta (BIT:TNXT) Has A Pretty Healthy Balance Sheet
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Tinexta (BIT:TNXT) Might Have The Makings Of A Multi-Bagger
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...
|TNXT||IT Professional Services||IT Market|
Return vs Industry: TNXT exceeded the Italian Professional Services industry which returned 125.3% over the past year.
Return vs Market: TNXT exceeded the Italian Market which returned 39.3% over the past year.
Stable Share Price: TNXT is not significantly more volatile than the rest of Italian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: TNXT's weekly volatility (5%) has been stable over the past year.
About the Company
|2009||2,209||Pier Andrea Paolo Chevallard||https://www.tinexta.com|
Tinexta S.p.A. provides digital trust, credit information and management, and innovation and marketing services to large companies, banks, insurance and financial companies, SMEs, associations, and professionals in Italy and internationally. The company offers IT solutions for digital identity and the dematerialization of processes according to the applicable legislation, such as certified electronic mail, electronic storage, digital signature, digital certification, e-invoicing, electronic archiving, and e-enterprise solutions; various solutions for secure and simplified transmission of legal and financial documents; web services for accessing public administration database; additional services for the management of professional associations and billing, and IT protocol; and designs and develops IT services and solutions for SMEs, trade associations, professional firms, agencies, and financial intermediaries. The company also offers cyber security solutions; services to support decision-making processes; credit information and management services; and software solutions to comply with tax obligations, employment legislations, and other regulations, as well as electronic filing of documents and management of civil proceedings.
Tinexta Fundamentals Summary
|TNXT fundamental statistics|
Is TNXT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TNXT income statement (TTM)|
|Cost of Revenue||€229.54m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 10, 2021
|Earnings per share (EPS)||0.91|
|Net Profit Margin||12.97%|
How did TNXT perform over the long term?See historical performance and comparison
0.6%Current Dividend Yield
Is Tinexta 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: TNXT (€42.94) is trading above our estimate of fair value (€38.49)
Significantly Below Fair Value: TNXT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TNXT is poor value based on its PE Ratio (47.2x) compared to the Italian Professional Services industry average (46.1x).
PE vs Market: TNXT is poor value based on its PE Ratio (47.2x) compared to the Italian market (20.2x).
Price to Earnings Growth Ratio
PEG Ratio: TNXT is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: TNXT is overvalued based on its PB Ratio (12.2x) compared to the IT Professional Services industry average (3.9x).
How is Tinexta 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: TNXT's forecast earnings growth (22.2% per year) is above the savings rate (1.8%).
Earnings vs Market: TNXT's earnings (22.2% per year) are forecast to grow faster than the Italian market (11.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TNXT's revenue (12.7% per year) is forecast to grow faster than the Italian market (2% per year).
High Growth Revenue: TNXT's revenue (12.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TNXT's Return on Equity is forecast to be high in 3 years time (24%)
How has Tinexta performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TNXT has high quality earnings.
Growing Profit Margin: TNXT's current net profit margins (13%) are higher than last year (11.8%).
Past Earnings Growth Analysis
Earnings Trend: TNXT's earnings have grown significantly by 22.9% per year over the past 5 years.
Accelerating Growth: TNXT's earnings growth over the past year (38.9%) exceeds its 5-year average (22.9% per year).
Earnings vs Industry: TNXT earnings growth over the past year (38.9%) exceeded the Professional Services industry 31.1%.
Return on Equity
High ROE: Whilst TNXT's Return on Equity (25.62%) is high, this metric is skewed due to their high level of debt.
How is Tinexta's financial position?
Financial Position Analysis
Short Term Liabilities: TNXT's short term assets (€217.0M) exceed its short term liabilities (€193.6M).
Long Term Liabilities: TNXT's short term assets (€217.0M) do not cover its long term liabilities (€297.2M).
Debt to Equity History and Analysis
Debt Level: TNXT's debt to equity ratio (172%) is considered high.
Reducing Debt: TNXT's debt to equity ratio has increased from 116.3% to 172% over the past 5 years.
Debt Coverage: TNXT's debt is well covered by operating cash flow (29.2%).
Interest Coverage: TNXT's interest payments on its debt are well covered by EBIT (20.8x coverage).
What is Tinexta current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TNXT's dividend (0.61%) isn’t notable compared to the bottom 25% of dividend payers in the Italian market (1.04%).
High Dividend: TNXT's dividend (0.61%) is low compared to the top 25% of dividend payers in the Italian market (3.45%).
Stability and Growth of Payments
Stable Dividend: TNXT has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TNXT's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.7%), TNXT's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TNXT's dividends in 3 years are forecast to be well covered by earnings (29.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Pier Andrea Paolo Chevallard (70 yo)
Mr. Pier Andrea Paolo Edoardo Chevallard serves as Chief Executive Officer at Tinexta S.p.A. (earlier known as Tecnoinvestimenti S.p.A) since 2018. Mr. Chevallard has been Managing Director and General Man...
Experienced Management: TNXT's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.
Experienced Board: TNXT's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.
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.
Tinexta S.p.A.'s employee growth, exchange listings and data sources
- Name: Tinexta S.p.A.
- Ticker: TNXT
- Exchange: BIT
- Founded: 2009
- Industry: Research and Consulting Services
- Sector: Commercial Services
- Market Cap: €1.977b
- Shares outstanding: 46.05m
- Website: https://www.tinexta.com
Number of Employees
- Tinexta S.p.A.
- Piazza Sallustio 9
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 21:22|
|End of Day Share Price||2021/10/26 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.