Aeffe S.p.A., together with its subsidiaries, designs, produces, and distributes fashion and luxury goods in Italy, rest of Europe, the United States, Asia, and Internationally.
Adequate balance sheet and fair value.
Share Price & News
How has Aeffe's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AEF's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: AEF underperformed the Italian Luxury industry which returned -11.6% over the past year.
Return vs Market: AEF underperformed the Italian Market which returned -6% over the past year.
Price Volatility Vs. Market
How volatile is Aeffe's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StCould The Aeffe S.p.A. (BIT:AEF) Ownership Structure Tell Us Something Useful?
1 month ago | Simply Wall StAt €1.05, Is It Time To Put Aeffe S.p.A. (BIT:AEF) On Your Watch List?
2 months ago | Simply Wall StIs Aeffe S.p.A. (BIT:AEF) Struggling With Its 7.4% Return On Capital Employed?
Is Aeffe 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: AEF (€1.01) is trading below our estimate of fair value (€2.65)
Significantly Below Fair Value: AEF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AEF is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.
PE vs Market: AEF is unprofitable, so we can't compare its PE Ratio to the Italian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AEF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AEF is good value based on its PB Ratio (0.6x) compared to the IT Luxury industry average (1.1x).
How is Aeffe forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AEF is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: AEF is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: AEF is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: AEF's revenue (3.8% per year) is forecast to grow slower than the Italian market (4% per year).
High Growth Revenue: AEF's revenue (3.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if AEF's Return on Equity is forecast to be high in 3 years time
How has Aeffe performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AEF is currently unprofitable.
Growing Profit Margin: AEF is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AEF is unprofitable, but has reduced losses over the past 5 years at a rate of 29.2% per year.
Accelerating Growth: Unable to compare AEF's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AEF is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (5.8%).
Return on Equity
High ROE: AEF has a negative Return on Equity (-0.67%), as it is currently unprofitable.
How is Aeffe's financial position?
Financial Position Analysis
Short Term Liabilities: AEF's short term assets (€227.4M) exceed its short term liabilities (€165.0M).
Long Term Liabilities: AEF's short term assets (€227.4M) exceed its long term liabilities (€125.7M).
Debt to Equity History and Analysis
Debt Level: AEF's debt to equity ratio (38.6%) is considered satisfactory.
Reducing Debt: AEF's debt to equity ratio has reduced from 69.3% to 38.6% over the past 5 years.
Debt Coverage: AEF's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: AEF is unprofitable, therefore interest payments are not well covered by earnings.
What is Aeffe's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AEF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AEF's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AEF's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AEF's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: AEF is not paying a notable dividend for the Italian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AEF's dividend in 3 years as they are not forecast to pay a notable one for the Italian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Simone Badioli (50yo)
Mr. Simone Badioli has been Chief Executive Officer of Aeffe S.p.A. since 2004 and serves as its Executive Director. Mr. Badioli serves as the President of Pollini. He served as Trader in fashion and real ...
CEO Compensation Analysis
Compensation vs Market: Simone's total compensation ($USD0.00) is below average for companies of similar size in the Italian market ($USD372.06K).
Compensation vs Earnings: Simone's compensation has been consistent with company performance over the past year.
|CEO & Executive Director||no data||€417.00k||no data|
|Deputy Chairman||no data||€562.00k||no data|
|MD & Executive Director||13.42yrs||€438.00k||no data|
|Independent Non-Executive Director||no data||€30.00k||no data|
|Chairman of the Board||no data||€867.00k||no data|
|Independent Director||0.17yr||no data||no data|
|Chairman of Aeffe Usa||no data||€323.00k||no data|
|Independent Director||no data||no data||no data|
|Independent Director||no data||€10.00k||no data|
|Chairman of the Board of Statutory Auditors||0.17yr||no data||no data|
Experienced Board: AEF's board of directors are not considered experienced ( 0.2 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.
Aeffe S.p.A.'s company bio, employee growth, exchange listings and data sources
- Name: Aeffe S.p.A.
- Ticker: AEF
- Exchange: BIT
- Founded: 1972
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: €105.595m
- Shares outstanding: 101.14m
- Website: https://aeffe.com
Number of Employees
- Aeffe S.p.A.
- Via Delle Querce, 51
- San Giovanni in Marignano
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AEF||BIT (Borsa Italiana)||Yes||Ordinary Shares||IT||EUR||Jul 2007|
|3A1||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jul 2007|
|0GY8||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jul 2007|
|AEFM||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jul 2007|
Aeffe S.p.A., together with its subsidiaries, designs, produces, and distributes fashion and luxury goods in Italy, rest of Europe, the United States, Asia, and Internationally. It operates in two segments, Prêt-a-Porter, and Footwear and Leather Goods. The Prêt-a-Porter segment designs, produces, and distributes luxury prêt-a-porter garments and lingerie, beachwear, loungewear, underwear, and swimwear for men and women under its own-label brands, which include Alberta Ferretti, Philosophy, Moschino, Boutique Moschino, and Love Moschino, as well as brands licensed from other companies, such as Blugirl Folies, Cedric Charlier, and Jeremy Scott. This segment distributes its products through retail and wholesale channels. The Footwear and Leather Goods segment designs, produces, and distributes footwear, small leather goods, bags, and matching accessories under the Pollini brand. This segment also grants licenses to other companies to manufacture Pollini branded products comprising umbrellas, scarves, and ties. The company also licenses the production and distribution of other accessories and products, including perfumes, junior and children’s lines, watches, sunglasses, and other products. Aeffe S.p.A. was founded in 1972 and is headquartered in San Giovanni in Marignano, Italy.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/05 22:03|
|End of Day Share Price||2020/06/05 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.