BIT:BIA

Stock Analysis Report

Executive Summary

Bialetti Industrie S.p.A. manufacturers and sells coffee pots and makers, and espresso machines in Italy.

Snowflake

Fundamentals

Weak fundamentals or lack of information.

Share Price & News

How has Bialetti Industrie's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

13.0%

BIA

-2.6%

IT Consumer Durables

0.5%

IT Market


1 Year Return

-25.5%

BIA

-27.8%

IT Consumer Durables

11.6%

IT Market

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

Return vs Market: BIA underperformed the Italian Market which returned 11.6% over the past year.


Shareholder returns

BIAIndustryMarket
7 Day13.0%-2.6%0.5%
30 Day3.8%-7.6%0.07%
90 Day-5.3%-1.2%1.2%
1 Year-25.5%-25.5%-26.3%-27.8%16.5%11.6%
3 Year-24.9%-24.9%-7.7%-15.4%25.2%8.0%
5 Year-37.7%-40.4%33.5%16.3%21.1%-26.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Bialetti Industrie undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Bialetti Industrie is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Bialetti Industrie has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of BIA’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Bialetti Industrie regulatory filings.
  • Explore potentially undervalued companies in the Consumer Durables industry.

Future Growth

How is Bialetti Industrie forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.5%

Forecasted Consumer Durables industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bialetti Industrie has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Bialetti Industrie performed over the past 5 years?

-72.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: BIA is unprofitable, and losses have increased over the past 5 years at a rate of -72.2% per year.

Accelerating Growth: Unable to compare BIA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BIA is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (-0.4%).


Return on Equity

High ROE: BIA's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets

ROA vs Industry: BIA is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: BIA is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Bialetti Industrie's financial position?


Financial Position Analysis

Short Term Liabilities: BIA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: BIA has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: BIA has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: BIA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

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

Debt Coverage by Assets: BIA has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: BIA has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: BIA has less than a year of cash runway if free cash flow continues to reduce at historical rates of -35.4% each year


Next Steps

Dividend

What is Bialetti Industrie'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 BIA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate BIA'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 BIA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BIA'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 BIA'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 Bialetti Industrie's salary, the management and board of directors tenure and is there insider trading?

4.8yrs

Average board tenure


CEO

Francesco Ranzoni (58yo)

0yrs

Tenure

€754,381

Compensation

Mr. Francesco Ranzoni serves as Chairman of the Board and Chief Executive Officer of Bialetti Industrie S.p.A. 


CEO Compensation Analysis

Compensation vs. Market: Francesco's total compensation ($USD840.35K) is above average for companies of similar size in the Italian market ($USD0.00).

Compensation vs Earnings: Francesco's compensation has increased whilst the company is unprofitable.


Board Age and Tenure

4.8yrs

Average Tenure

60yo

Average Age

Experienced Board: BIA's board of directors are considered experienced (4.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Francesco Ranzoni (58yo)

    Chairman & CEO

    • Tenure: 0yrs
    • Compensation: €754.38k
  • Egidio Cozzi

    Head of Sales

    • Tenure: 0yrs
    • Compensation: €369.87k

Board Members

  • Capoferri Gianpiero (69yo)

    Chairman of Statutory Auditors Board

    • Tenure: 0yrs
    • Compensation: €20.00k
  • Francesco Ranzoni (58yo)

    Chairman & CEO

    • Tenure: 0yrs
    • Compensation: €754.38k
  • Diego Rivetti (62yo)

    Statutory Auditor

    • Tenure: 0yrs
    • Compensation: €10.00k
  • Roberto Ranzoni (34yo)

    Non Executive Director

    • Tenure: 0yrs
    • Compensation: €101.65k
  • Elena Crespi

    Non-Executive Independent Director

    • Tenure: 4.8yrs
    • Compensation: €20.00k
  • Ciro Timpani

    Lead Non-Executive Independent Director

    • Tenure: 4.8yrs
    • Compensation: €20.00k
  • Antonia Negri Clemente

    Non-Executive Director

    • Tenure: 4.8yrs
    • Compensation: €20.00k
  • Luciana Loda

    Statutory Auditor

    • Tenure: 0yrs
    • Compensation: €10.00k

Company Information

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


Key Information

  • Name: Bialetti Industrie S.p.A
  • Ticker: BIA
  • Exchange: BIT
  • Founded: 1919
  • Industry: Housewares and Specialties
  • Sector: Consumer Durables
  • Market Cap: €29.133m
  • Shares outstanding: 107.90m
  • Website: https://www.bialetti.it

Location

  • Bialetti Industrie S.p.A
  • via Fogliano n. 1
  • Coccaglio
  • Brescia
  • 25030
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BIABIT (Borsa Italiana)YesCommon StockITEURJul 2007
BIAMBATS-CHIXE (BATS 'Chi-X Europe')YesCommon StockGBEURJul 2007
32BDB (Deutsche Boerse AG)YesCommon StockDEEURJul 2007

Biography

Bialetti Industrie S.p.A. manufacturers and sells coffee pots and makers, and espresso machines in Italy. The company offers coffee capsules, and grounds and grains; monovalent and trivalent espresso machi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 21:04
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.