BIT:ABT

Stock Analysis Report

Executive Summary

Abitare In S.p.A. develops, constructs, and sells residential buildings and apartments in Milan.

Snowflake

Fundamentals

Exceptional growth potential and fair value.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-5.0%

ABT

-2.6%

IT Consumer Durables

0.5%

IT Market


1 Year Return

57.3%

ABT

-27.8%

IT Consumer Durables

11.6%

IT Market

Return vs Industry: ABT exceeded the Italian Consumer Durables industry which returned -27.8% over the past year.

Return vs Market: ABT exceeded the Italian Market which returned 11.6% over the past year.


Shareholder returns

ABTIndustryMarket
7 Day-5.0%-2.6%0.5%
30 Day-1.7%-7.7%0.1%
90 Day-5.0%-0.7%1.7%
1 Year57.3%57.3%-26.3%-27.8%16.5%11.6%
3 Year150.0%150.0%-7.7%-15.4%25.2%8.0%
5 Yearn/a33.5%16.3%21.3%-26.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: ABT (€46) is trading below our estimate of fair value (€552.14)

Significantly Undervalued: ABT is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ABT is poor value based on its PE Ratio (23.7x) compared to the Consumer Durables industry average (14x).

PE vs Market: ABT is poor value based on its PE Ratio (23.7x) compared to the Italian market (17.8x).


Price to Earnings Growth Ratio

Low PEG Ratio: ABT is good value based on its PEG Ratio (0.3x)


Price to Book Ratio

PB vs Industry: ABT is overvalued based on its PB Ratio (2.6x) compared to the IT Consumer Durables industry average (1.9x).


Next Steps

Future Growth

How is Abitare In forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

79.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ABT's forecast earnings growth (79.6% per year) is above the savings rate (2.9%).

Earnings vs Market: ABT's earnings (79.6% per year) are forecast to grow faster than the Italian market (8.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ABT's revenue (76.3% per year) is forecast to grow faster than the Italian market (3% per year).

High Growth Revenue: ABT's revenue (76.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: ABT's Return on Equity is forecast to be high in 3 years time (34.7%)


Next Steps

Past Performance

How has Abitare In performed over the past 5 years?

85.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: ABT's earnings have grown significantly by 85.6% per year over the past 5 years.

Accelerating Growth: ABT's earnings growth over the past year (335.7%) exceeds its 5-year average (85.6% per year).

Earnings vs Industry: ABT earnings growth over the past year (335.7%) exceeded the Consumer Durables industry -0.4%.


Return on Equity

High ROE: ABT's Return on Equity (12.6%) is considered low.


Return on Assets

ROA vs Industry: ABT's Return on Assets is below or equal to the Consumer Durables industry average last year.


Return on Capital Employed

ROCE Improving: ABT's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Abitare In's financial position?


Financial Position Analysis

Short Term Liabilities: ABT's short term assets (€107.7M) exceeds its short term liabilities (€22.7M)

Long Term Liabilities: ABT's short term assets (107.7M) exceeds its long term liabilities (48.0M)


Debt to Equity History and Analysis

Debt Level: ABT's debt to equity ratio (73.5%) is considered high

Reducing Debt: Insufficient data to determine if ABT's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: ABT's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: ABT's interest payments on its debt are well covered by EBIT (11.1x coverage).


Balance Sheet

Inventory Level: ABT has a high level of physical assets or inventory.

Debt Coverage by Assets: ABT's debt is covered by short term assets (assets are 3.281300x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.1%markettop25%4.4%industryaverage2.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate ABT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate ABT's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if ABT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ABT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ABT's dividend in 3 years as they are not forecast to pay a notable one for the Italian market.


Next Steps

Management

What is the CEO of Abitare In's salary, the management and board of directors tenure and is there insider trading?


CEO

Marco Grillo (51yo)

0yrs

Tenure

0

Mr. Marco Claudio Grillo serves as the Chief Executive Officer of FlowInspect SpA. Mr. Grillo serves as the Chief Executive Officer at Abitare In S.p.A. and has been its Director since 2013. 


Insider Trading

Insider Buying: ABT insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Sell€19,56011 Oct 19
Luigi Gozzini
EntityIndividual
Shares400
Max Price€49.00
Sell€54,95612 Sep 19
Luigi Gozzini
EntityIndividual
Shares1,200
Max Price€46.60
Sell€9,68011 Jul 19
Marco Grillo
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares200
Max Price€48.40
Sell€9,60009 Jul 19
Marco Grillo
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares200
Max Price€48.00
Sell€22,64008 Jul 19
Marco Grillo
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares481
Max Price€47.40
Sell€69,90508 Jul 19
Luigi Gozzini
EntityIndividual
Shares1,500
Max Price€46.80
Sell€5,76812 Apr 19
Marco Grillo
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares140
Max Price€41.20
Sell€23,52012 Apr 19
Luigi Gozzini
EntityIndividual
Shares560
Max Price€42.00
Sell€20,09001 Apr 19
Marco Grillo
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares490
Max Price€41.00
Sell€22,75818 Mar 19
Luigi Gozzini
EntityIndividual
Shares560
Max Price€41.00
Sell€24,57012 Mar 19
Marco Grillo
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares630
Max Price€39.00
Sell€10,83608 Mar 19
Luigi Gozzini
EntityIndividual
Shares280
Max Price€38.70
Sell€21,26701 Mar 19
Luigi Gozzini
EntityIndividual
Shares560
Max Price€39.00
Sell€10,97628 Feb 19
Marco Grillo
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares280
Max Price€39.20
Sell€21,32125 Feb 19
Marco Grillo
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares560
Max Price€38.18
Sell€20,14121 Feb 19
Luigi Gozzini
EntityIndividual
Shares560
Max Price€36.00
Sell€24,50218 Feb 19
Marco Grillo
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares700
Max Price€35.00
Sell€54,50218 Feb 19
Luigi Gozzini
EntityIndividual
Shares1,540
Max Price€36.00
Sell€10,40904 Jan 19
Marco Grillo
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares350
Max Price€29.80

Ownership Breakdown


Management Team

  • Marco Grillo (51yo)

    CEO & Director

    • Tenure: 0yrs

Board Members

  • Marco Grillo (51yo)

    CEO & Director

    • Tenure: 0yrs
  • Matteo Ceravolo (45yo)

    Member of Board of Statutory Auditors

    • Tenure: 0yrs
  • Luigi Gozzini (52yo)

    Chairman

    • Tenure: 0yrs
  • Mario Mazzoleni (62yo)

    Independent Director

    • Tenure: 0yrs
  • Ivano Passoni (53yo)

    Chairman of Board of Statutory Auditors

    • Tenure: 0yrs
  • Marco Dorizzi (58yo)

    Member of Board of Statutory Auditors

    • Tenure: 0yrs
  • Luca Manara (42yo)

    Director

    • Tenure: 0yrs

Company Information

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


Key Information

  • Name: Abitare In S.p.A.
  • Ticker: ABT
  • Exchange: BIT
  • Founded:
  • Industry: Homebuilding
  • Sector: Consumer Durables
  • Market Cap: €117.510m
  • Shares outstanding: 2.55m
  • Website: https://www.abitareinspa.com

Location

  • Abitare In S.p.A.
  • Via degli Olivetani, 10/12
  • Milan
  • Milan
  • 20123
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ABTBIT (Borsa Italiana)YesCommon StockITEURApr 2016

Biography

Abitare In S.p.A. develops, constructs, and sells residential buildings and apartments in Milan. The company is based in Milan, Italy. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 21:48
End of Day Share Price2019/10/18 00:00
Earnings2019/03/31
Annual Earnings2018/09/30


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.