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Brunello Cucinelli

BIT:BC
Snowflake Description

Flawless balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BC
BIT
€2B
Market Cap
  1. Home
  2. IT
  3. Consumer Durables
Company description

Brunello Cucinelli S.p.A., together with its subsidiaries, designs, manufactures, and sells clothing and accessories in Italy, Europe, North America, Greater China, and internationally. The last earnings update was 95 days ago. More info.


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BC Share Price and Events
7 Day Returns
-1.6%
BIT:BC
-1.5%
IT Luxury
0.8%
IT Market
1 Year Returns
-13.9%
BIT:BC
-7.2%
IT Luxury
-0.4%
IT Market
BC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Brunello Cucinelli (BC) -1.6% 5.7% -3.8% -13.9% 84.4% 76.6%
IT Luxury -1.5% -0.4% -2.3% -7.2% 10.6% 16.7%
IT Market 0.8% 5.6% -0.1% -0.4% 9.2% -30.4%
1 Year Return vs Industry and Market
  • BC underperformed the Luxury industry which returned -7.2% over the past year.
  • BC underperformed the Market in Italy which returned -0.4% over the past year.
Price Volatility
BC
Industry
5yr Volatility vs Market

Value

 Is Brunello Cucinelli undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Brunello Cucinelli to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Brunello Cucinelli.

BIT:BC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 12 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 11%
Perpetual Growth Rate 10-Year IT Government Bond Rate 2.9%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BIT:BC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IT Govt Bond Rate 2.9%
Equity Risk Premium S&P Global 9%
Luxury Unlevered Beta Simply Wall St/ S&P Global 0.81
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.813 (1 + (1- 24%) (3.87%))
0.891
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.89
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.93% + (0.891 * 9.02%)
10.97%

Discounted Cash Flow Calculation for BIT:BC using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Brunello Cucinelli is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BIT:BC DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 10.97%)
2020 30.98 Analyst x7 27.91
2021 36.01 Analyst x6 29.24
2022 53.00 Analyst x1 38.79
2023 62.00 Analyst x1 40.89
2024 69.34 Est @ 11.84% 41.21
2025 75.70 Est @ 9.17% 40.55
2026 81.23 Est @ 7.3% 39.21
2027 86.09 Est @ 5.99% 37.45
2028 90.46 Est @ 5.07% 35.46
2029 94.47 Est @ 4.43% 33.37
Present value of next 10 years cash flows €364.08
BIT:BC DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €94.47 × (1 + 2.93%) ÷ (10.97% – 2.93%)
€1,210.58
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €1,210.58 ÷ (1 + 10.97%)10
€427.63
BIT:BC Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €364.08 + €427.63
€791.71
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €791.71 / 68.00
€11.64
BIT:BC Discount to Share Price
Calculation Result
Value per share (EUR) From above. €11.64
Current discount Discount to share price of €30.42
= -1 x (€30.42 - €11.64) / €11.64
-161.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Brunello Cucinelli is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Brunello Cucinelli's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Brunello Cucinelli's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BIT:BC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.75
BIT:BC Share Price ** BIT (2019-07-15) in EUR €30.42
Italy Luxury Industry PE Ratio Median Figure of 12 Publicly-Listed Luxury Companies 15.79x
Italy Market PE Ratio Median Figure of 240 Publicly-Listed Companies 16.17x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Brunello Cucinelli.

BIT:BC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BIT:BC Share Price ÷ EPS (both in EUR)

= 30.42 ÷ 0.75

40.81x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Brunello Cucinelli is overvalued based on earnings compared to the IT Luxury industry average.
  • Brunello Cucinelli is overvalued based on earnings compared to the Italy market.
Price based on expected Growth
Does Brunello Cucinelli's expected growth come at a high price?
Raw Data
BIT:BC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 40.81x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts
6.4%per year
Italy Luxury Industry PEG Ratio Median Figure of 9 Publicly-Listed Luxury Companies 3.03x
Italy Market PEG Ratio Median Figure of 161 Publicly-Listed Companies 1.34x

*Line of best fit is calculated by linear regression .

BIT:BC PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 40.81x ÷ 6.4%

6.42x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Brunello Cucinelli is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Brunello Cucinelli's assets?
Raw Data
BIT:BC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €4.19
BIT:BC Share Price * BIT (2019-07-15) in EUR €30.42
Italy Luxury Industry PB Ratio Median Figure of 19 Publicly-Listed Luxury Companies 1.73x
Italy Market PB Ratio Median Figure of 324 Publicly-Listed Companies 1.5x
BIT:BC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BIT:BC Share Price ÷ Book Value per Share (both in EUR)

= 30.42 ÷ 4.19

7.27x

* Primary Listing of Brunello Cucinelli.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Brunello Cucinelli is overvalued based on assets compared to the IT Luxury industry average.
X
Value checks
We assess Brunello Cucinelli's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. Brunello Cucinelli has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Brunello Cucinelli expected to perform in the next 1 to 3 years based on estimates from 12 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Brunello Cucinelli expected to grow at an attractive rate?
  • Brunello Cucinelli's earnings growth is expected to exceed the low risk savings rate of 2.9%.
Growth vs Market Checks
  • Brunello Cucinelli's earnings growth is positive but not above the Italy market average.
  • Brunello Cucinelli's revenue growth is expected to exceed the Italy market average.
Annual Growth Rates Comparison
Raw Data
BIT:BC Future Growth Rates Data Sources
Data Point Source Value (per year)
BIT:BC Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts 6.4%
BIT:BC Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 12 Analysts 8%
Italy Luxury Industry Earnings Growth Rate Market Cap Weighted Average 8.5%
Italy Luxury Industry Revenue Growth Rate Market Cap Weighted Average 6%
Italy Market Earnings Growth Rate Market Cap Weighted Average 8.9%
Italy Market Revenue Growth Rate Market Cap Weighted Average 3.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BIT:BC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BIT:BC Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 704 90 63 9
2020-12-31 651 83 56 12
2019-12-31 601 75 54 12
BIT:BC Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 553 70 51
2018-09-30 543 54
2018-06-30 526 80 58
2018-03-31 515 83 54
2017-12-31 512 86 51
2017-09-30 498 45
2017-06-30 483 67 40
2017-03-31 470 56 38
2016-12-31 456 45 36
2016-09-30 434 63 33
2016-06-30 434 47 32
2016-03-31 412 50 32

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Brunello Cucinelli's earnings are expected to grow by 6.4% yearly, however this is not considered high growth (20% yearly).
  • Brunello Cucinelli's revenue is expected to grow by 8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BIT:BC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below

All data from Brunello Cucinelli Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BIT:BC Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.92 1.04 0.87 8.00
2020-12-31 0.82 0.94 0.79 12.00
2019-12-31 0.79 0.83 0.72 11.00
BIT:BC Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.75
2018-09-30 0.80
2018-06-30 0.85
2018-03-31 0.80
2017-12-31 0.75
2017-09-30 0.67
2017-06-30 0.58
2017-03-31 0.56
2016-12-31 0.54
2016-09-30 0.48
2016-06-30 0.47
2016-03-31 0.46

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Brunello Cucinelli is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Brunello Cucinelli's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Italy market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Italy market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Brunello Cucinelli has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Brunello Cucinelli performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Brunello Cucinelli's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Brunello Cucinelli's year on year earnings growth rate has been positive over the past 5 years.
  • Brunello Cucinelli's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Brunello Cucinelli's 1-year earnings growth is negative, it can't be compared to the IT Luxury industry average.
Earnings and Revenue History
Brunello Cucinelli's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Brunello Cucinelli Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BIT:BC Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 553.00 50.69 170.52
2018-09-30 543.48 54.16 166.59
2018-06-30 525.82 57.62 154.53
2018-03-31 514.70 54.37 152.70
2017-12-31 511.71 51.12 159.01
2017-09-30 497.54 45.44 153.73
2017-06-30 483.37 39.76 148.46
2017-03-31 469.67 38.08 142.76
2016-12-31 455.97 36.40 137.06
2016-09-30 434.50 32.70 167.57
2016-06-30 433.66 32.11 128.07
2016-03-31 412.37 31.59 134.76
2015-12-31 414.15 33.34 119.79
2015-09-30 396.12 33.10 103.21
2015-06-30 380.43 33.89 109.89
2015-03-31 367.97 33.19 94.56
2014-12-31 355.91 33.06 93.62
2014-09-30 348.14 32.97 79.64
2014-06-30 340.72 33.05 79.91
2014-03-31 333.29 31.43 74.14
2013-12-31 322.48 30.48 71.63
2013-09-30 310.84 29.82 60.76
2013-06-30 301.69 28.74 63.32
2013-03-31 290.52 23.46 57.93
2012-12-31 279.32 22.63 55.62
2012-09-30 271.66 21.07 49.99

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Brunello Cucinelli has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Brunello Cucinelli used its assets more efficiently than the IT Luxury industry average last year based on Return on Assets.
  • Brunello Cucinelli has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Brunello Cucinelli's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Brunello Cucinelli has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Brunello Cucinelli's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Brunello Cucinelli's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Brunello Cucinelli is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Brunello Cucinelli's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Brunello Cucinelli's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Brunello Cucinelli Company Filings, last reported 6 months ago.

BIT:BC Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 287.38 80.16 56.61
2018-09-30 287.38 80.16 56.61
2018-06-30 261.45 95.39 51.27
2018-03-31 261.45 95.39 51.27
2017-12-31 263.19 78.68 62.95
2017-09-30 263.19 78.68 62.95
2017-06-30 237.32 111.43 51.96
2017-03-31 237.32 111.43 51.96
2016-12-31 225.88 99.36 48.39
2016-09-30 225.88 99.36 48.39
2016-06-30 204.25 121.99 42.22
2016-03-31 204.25 121.99 42.22
2015-12-31 196.78 104.57 48.08
2015-09-30 191.03 134.30 51.00
2015-06-30 178.86 135.56 57.18
2015-03-31 175.32 119.95 52.05
2014-12-31 170.33 96.32 53.64
2014-09-30 165.99 80.98 32.09
2014-06-30 155.83 88.05 43.63
2014-03-31 157.82 70.44 42.51
2013-12-31 145.21 54.78 38.68
2013-09-30 139.39 61.19 38.03
2013-06-30 129.01 65.27 33.10
2013-03-31 129.95 52.88 38.55
2012-12-31 119.62 40.88 40.05
2012-09-30 113.11 49.55 35.88
  • Brunello Cucinelli's level of debt (27.9%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (37.8% vs 27.9% today).
  • Debt is well covered by operating cash flow (87.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 70.9x coverage).
X
Financial health checks
We assess Brunello Cucinelli's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Brunello Cucinelli has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Brunello Cucinelli's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.99%
Current annual income from Brunello Cucinelli dividends. Estimated to be 1.27% next year.
If you bought €2,000 of Brunello Cucinelli shares you are expected to receive €20 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Brunello Cucinelli's pays a lower dividend yield than the bottom 25% of dividend payers in Italy (2.06%).
  • Brunello Cucinelli's dividend is below the markets top 25% of dividend payers in Italy (4.4%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BIT:BC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
Italy Luxury Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 1.8%
Italy Market Average Dividend Yield Market Cap Weighted Average of 185 Stocks 4%
Italy Minimum Threshold Dividend Yield 10th Percentile 1%
Italy Bottom 25% Dividend Yield 25th Percentile 2.1%
Italy Top 25% Dividend Yield 75th Percentile 4.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BIT:BC Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.43 9.00
2020-12-31 0.39 12.00
2019-12-31 0.35 12.00
BIT:BC Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-03-14 0.300 0.985
2018-04-24 0.270 0.833
2018-03-07 0.270 1.018
2017-03-29 0.160 0.637
2017-03-09 0.160 0.733
2016-03-30 0.130 0.719
2016-03-10 0.130 0.794
2015-03-10 0.120 0.731
2014-04-02 0.110 0.616
2014-03-10 0.110 0.562
2013-03-12 0.080 0.392

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Brunello Cucinelli is not paying a notable dividend for Italy, therefore no need to check if the payments are stable.
  • Brunello Cucinelli is not paying a notable dividend for Italy, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Brunello Cucinelli's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Brunello Cucinelli's dividends as it is not paying a notable one for Italy.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.1x coverage).
X
Income/ dividend checks
We assess Brunello Cucinelli's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Brunello Cucinelli afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Brunello Cucinelli has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Brunello Cucinelli
COMPENSATION €802,800
AGE 66
CEO Bio

Mr. Brunello Cucinelli is the Owner of Fedone S.r.l. Mr. Cucinelli serves as the Chairman, Chief Executive Officer and Managing Director at BRUNELLO CUCINELLI S.p.A. He serves as a Director at Pitti Immagine srl. In 1978 he set up a small company and captivated the market with his idea of dying cashmere. Since when he was a boy, he witnessed his father working in an unwelcoming environment and became a close observer of the world, thus developing his dream to promote a concept of work that ensured respect for “the human being’s moral and economic” dignity. This is a key element to understand his personality and the success of his business, which Mr. Cucinelli considers not only as a wealth-generating entity, but also as a framework to develop and nurture his dream of a capitalism that enhances the human being. His knowledge of the great figures of the past has always fed his dreams and ideals, but he is always looking ahead towards the distant future and each action and accomplishment of his is designed to last over the centuries. He obtained a diploma as building surveyor, he enrolled in the faculty of Engineering.

CEO Compensation
  • Brunello's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Brunello's remuneration is higher than average for companies of similar size in Italy.
Management Team

Brunello Cucinelli

TITLE
Chairman of the Board
COMPENSATION
€803K
AGE
66

Moreno Ciarapica

TITLE
Manager in charge of Corporate Accounting Documents & Executive Director
COMPENSATION
€3K
AGE
58

Riccardo Stefanelli

TITLE
Executive Director
COMPENSATION
€3K
AGE
38

Luca Lisandroni

TITLE
Executive Director
COMPENSATION
€2K
AGE
41
Board of Directors Tenure

Average tenure and age of the Brunello Cucinelli board of directors in years:

6.2
Average Tenure
53
Average Age
  • The tenure for the Brunello Cucinelli board of directors is about average.
Board of Directors

Moreno Ciarapica

TITLE
Manager in charge of Corporate Accounting Documents & Executive Director
COMPENSATION
€3K
AGE
58

Riccardo Stefanelli

TITLE
Executive Director
COMPENSATION
€3K
AGE
38
TENURE
8.1 yrs

Luca Lisandroni

TITLE
Executive Director
COMPENSATION
€2K
AGE
41
TENURE
3.3 yrs

Andrea Pontremoli

TITLE
Lead Independent Director
COMPENSATION
€45K
AGE
62
TENURE
7.2 yrs

Brunello Cucinelli

TITLE
Chairman of the Board
COMPENSATION
€803K
AGE
66

Matteo Marzotto

TITLE
Independent Director
COMPENSATION
€38K
AGE
53

Paolo Prandi

TITLE
Chairman of the Board of Statutory Auditors
TENURE
2.3 yrs

Giovanna Manfredi

TITLE
Director
COMPENSATION
€2K
AGE
58
TENURE
8.1 yrs

Candice Koo

TITLE
Independent Director
COMPENSATION
€30K
AGE
42

Camilla Cucinelli

TITLE
Director
COMPENSATION
€3K
AGE
37
TENURE
5.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Brunello Cucinelli's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Brunello Cucinelli has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Why Brunello Cucinelli S.p.A.'s (BIT:BC) High P/E Ratio Isn't Necessarily A Bad Thing

We'll apply a basic P/E ratio analysis to Brunello Cucinelli S.p.A.'s (BIT:BC), to help you decide if the stock is worth further research. … Looking at earnings over the last twelve months, Brunello Cucinelli has a P/E ratio of 39.79. … The formula for P/E is: Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS) Or for Brunello Cucinelli: P/E of 39.79 = €29.66 ÷ €0.75 (Based on the trailing twelve months to December 2018.) Is A High Price-to-Earnings Ratio Good?

Simply Wall St -

Did You Miss Brunello Cucinelli's (BIT:BC) 80% Share Price Gain?

To wit, the Brunello Cucinelli share price has climbed 80% in five years, easily topping the market return of -39% (ignoring dividends). … Over half a decade, Brunello Cucinelli managed to grow its earnings per share at 11% a year. … Before deciding if you like the current share price, check how Brunello Cucinelli scores on these 3 valuation metrics.

Simply Wall St -

Is It Time To Consider Buying Brunello Cucinelli S.p.A. (BIT:BC)?

A question to answer is whether Brunello Cucinelli's current trading price of €28.52 reflective of the actual value of the mid-cap? … Another thing to keep in mind is that Brunello Cucinelli’s share price is quite stable relative to the rest of the market, as indicated by its low beta. … This means that if you believe the current share price should move towards its intrinsic value over time, a low beta could suggest it is not likely to reach that level anytime soon, and once it’s there, it may be hard to fall back down into an attractive buying range again.

Simply Wall St -

What Should Investors Know About Brunello Cucinelli S.p.A.'s (BIT:BC) Future?

After Brunello Cucinelli S.p.A.'s (BIT:BC) earnings announcement in December 2018, analyst consensus outlook appear cautiously subdued, as a 8.3% rise in profits is expected in the upcoming year, relative to the higher past 5-year average growth rate of 13%. … To understand the overall trajectory of BC's earnings growth over these next fews years, I've fitted a line through these analyst earnings forecast to determine an annual growth rate from the slope. … BIT:BC Past and Future Earnings, May 28th 2019 By 2022, BC's earnings should reach €63m, from current levels of €51m, resulting in an annual growth rate of 6.4%.

Simply Wall St -

What Should We Expect From Brunello Cucinelli S.p.A.'s (BIT:BC) Earnings In The Years Ahead?

Help shape the future of investing tools and you could win a $250 gift card! … Brunello Cucinelli S.p.A.'s (BIT:BC) announced its latest earnings update in December 2018, whicha

Simply Wall St -

Brunello Cucinelli S.p.A. (BIT:BC): Financial Strength Analysis

Small-cap and large-cap companies receive a lot of attention from investors, but mid-cap stocks like Brunello Cucinelli S.p.A. … Don’t forget that this is a general and concentrated examination of Brunello Cucinelli's financial health, so you should conduct further analysis. … View our latest analysis for Brunello Cucinelli

Simply Wall St -

Why You Should Like Brunello Cucinelli S.p.A.’s (BIT:BC) ROCE

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Return On Capital Employed (ROCE): What is it? … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

Simply Wall St -

Should Brunello Cucinelli S.p.A.'s (BIT:BC) Recent Earnings Worry You?

(BIT:BC) released its most recent earnings update (31 December 2018), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … BC's trailing twelve-month earnings (from 31 December 2018) of €51m has. … Furthermore, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 13%, indicating the rate at which BC is growing has slowed down

Simply Wall St -

Introducing Brunello Cucinelli (BIT:BC), A Stock That Climbed 91% In The Last Three Years

By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … Brunello Cucinelli was able to grow its EPS at 15% per year over three years, sending the share price higher. … Dive deeper into Brunello Cucinelli's key metrics by checking this interactive graph of Brunello Cucinelli's earnings, revenue and cash flow.

Simply Wall St -

How Much Money Does Brunello Cucinelli S.p.A. (BIT:BC) Make?

I’ve analysed below, the health and outlook of Brunello Cucinelli’s cash flow, which will help you understand the stock from a cash standpoint. … Brunello Cucinelli’s free cash flow (FCF) is the level of cash flow the business generates from its operational activities, after it reinvests in the company as capital expenditure. … There are two methods I will use to evaluate the quality of Brunello Cucinelli’s FCF: firstly, I will measure its FCF yield relative to the market index yield; secondly, I will examine whether its operating cash flow will continue to grow into the future, which will give us a sense of sustainability

Simply Wall St -

Company Info

Description

Brunello Cucinelli S.p.A., together with its subsidiaries, designs, manufactures, and sells clothing and accessories in Italy, Europe, North America, Greater China, and internationally. The company offers women’s collection, including knitwear, coats and jackets, top wear, dresses, shirts, trousers, skirts, travelwear, footwear, small leather goods, bags, and accessories; men’s collection, such as knitwear, coats and jackets, blazers, suits, top wear, shirts, trousers, travelwear, footwear, bags, small leather goods, and accessories; and lifestyle products, such as dining, home studio, leisure time, and others. It markets its products through retail distribution channel comprising directly operated stores; wholesale monobrand channel that includes monobrand stores; and wholesale multibrand channel, which comprises independent multibrand stores and dedicated spaces in department stores. The company was founded in 1978 and is headquartered in Solomeo, Italy. Brunello Cucinelli S.p.A. is a subsidiary of Fedone S.r.l.

Details
Name: Brunello Cucinelli S.p.A.
BC
Exchange: BIT
Founded: 1978
€2,068,560,000
68,000,000
Website: http://www.brunellocucinelli.com
Address: Brunello Cucinelli S.p.A.
Viale Parco dell’Industria, 5,
Solomeo,
Perugia, Italy
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BIT BC Common Shares Borsa Italiana IT EUR 27. Apr 2012
OTCPK BCUC.F Common Shares Pink Sheets LLC US USD 27. Apr 2012
DB 8BU Common Shares Deutsche Boerse AG DE EUR 27. Apr 2012
LSE 0Q7S Common Shares London Stock Exchange GB EUR 27. Apr 2012
BATS-CHIXE BCM Common Shares BATS 'Chi-X Europe' GB EUR 27. Apr 2012
OTCPK BCUC.Y UNSPONSORED ADR Pink Sheets LLC US USD 31. Jul 2013
Number of employees
Current staff
Staff numbers
1,736
Brunello Cucinelli employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/15 21:42
End of day share price update: 2019/07/15 00:00
Last estimates confirmation: 2019/07/12
Last earnings filing: 2019/04/11
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.