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COVER 50

BIT:COV
Snowflake Description

Flawless balance sheet second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
COV
BIT
€47M
Market Cap
  1. Home
  2. IT
  3. Consumer Durables
Company description

COVER 50 S.p.A. engages in the creation, production, and marketing of pants and trousers. The last earnings update was 23 days ago. More info.


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COV Share Price and Events
7 Day Returns
0%
BIT:COV
-1.6%
IT Luxury
0%
IT Market
1 Year Returns
3.9%
BIT:COV
-7.9%
IT Luxury
-7.9%
IT Market
COV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
COVER 50 (COV) 0% 1.9% 10.4% 3.9% -21.7% -
IT Luxury -1.6% -3% 1.3% -7.9% 4.4% 11.4%
IT Market 0% 1.7% 8.9% -7.9% -9.2% -34.3%
1 Year Return vs Industry and Market
  • COV outperformed the Luxury industry which returned -7.9% over the past year.
  • COV outperformed the Market in Italy which returned -7.9% over the past year.
Price Volatility
COV
Industry
5yr Volatility vs Market

COV Value

 Is COVER 50 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
  • It is not possible to calculate the future cash flow value for COVER 50. This is due to cash flow or dividend data being unavailable. The share price is €10.6.
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 COVER 50's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are COVER 50's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BIT:COV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.78
BIT:COV Share Price ** BIT (2019-04-18) in EUR €10.6
Italy Luxury Industry PE Ratio Median Figure of 15 Publicly-Listed Luxury Companies 16.32x
Italy Market PE Ratio Median Figure of 241 Publicly-Listed Companies 15.82x

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

** Primary Listing of COVER 50.

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

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

= 10.6 ÷ 0.78

13.59x

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

  • COVER 50 is good value based on earnings compared to the IT Luxury industry average.
  • COVER 50 is good value based on earnings compared to the Italy market.
Price based on expected Growth
Does COVER 50's expected growth come at a high price?
Raw Data
BIT:COV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.59x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
6.1%per year
Italy Luxury Industry PEG Ratio Median Figure of 10 Publicly-Listed Luxury Companies 2.3x
Italy Market PEG Ratio Median Figure of 160 Publicly-Listed Companies 1.28x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for COVER 50, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on COVER 50's assets?
Raw Data
BIT:COV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €5.35
BIT:COV Share Price * BIT (2019-04-18) in EUR €10.6
Italy Luxury Industry PB Ratio Median Figure of 21 Publicly-Listed Luxury Companies 1.81x
Italy Market PB Ratio Median Figure of 315 Publicly-Listed Companies 1.54x
BIT:COV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 10.6 ÷ 5.35

1.98x

* Primary Listing of COVER 50.

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

  • COVER 50 is overvalued based on assets compared to the IT Luxury industry average.
X
Value checks
We assess COVER 50'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. COVER 50 has a total score of 2/6, 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.

COV Future Performance

 How is COVER 50 expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover COVER 50, future earnings growth has been estimated based on fundamentals.
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
6.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is COVER 50 expected to grow at an attractive rate?
  • COVER 50's earnings growth is expected to exceed the low risk savings rate of 2.9%.
Growth vs Market Checks
  • COVER 50's earnings growth is positive but not above the Italy market average.
  • Unable to compare COVER 50's revenue growth to the Italy market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BIT:COV Future Growth Rates Data Sources
Data Point Source Value (per year)
BIT:COV Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 6.1%
Italy Luxury Industry Earnings Growth Rate Market Cap Weighted Average 9.1%
Italy Luxury Industry Revenue Growth Rate Market Cap Weighted Average 6%
Italy Market Earnings Growth Rate Market Cap Weighted Average 10.5%
Italy Market Revenue Growth Rate Market Cap Weighted Average 3.8%

*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:COV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BIT:COV Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 30 4
2018-09-30 29 4
2018-06-30 29 4 3
2018-03-31 28 2 3
2017-12-31 28 0 3
2017-09-30 27 -1 3
2017-06-30 26 -3 3
2017-03-31 26 -1 3
2016-12-31 25 0 3
2016-09-30 25 2 4
2016-06-30 25 3 4
2016-03-31 25 3 4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • COVER 50's earnings are expected to grow by 6.1% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if COVER 50 is high growth as no revenue estimate data is available.
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:COV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from COVER 50 Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BIT:COV Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31
2018-09-30
2018-06-30 0.78
2018-03-31 0.75
2017-12-31 0.72
2017-09-30 0.70
2017-06-30 0.71
2017-03-31 0.71
2016-12-31 0.71
2016-09-30 0.85
2016-06-30 1.00
2016-03-31 0.96

*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.
  • Unable to establish if COVER 50 will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess COVER 50'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.
COVER 50 has a total score of 1/6, 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.

COV Past Performance

  How has COVER 50 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 COVER 50'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.
  • COVER 50's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • COVER 50's 1-year earnings growth exceeds its 5-year average (23.9% vs -5.3%)
  • COVER 50's earnings growth has not exceeded the IT Luxury industry average in the past year (23.9% vs 23.9%).
Earnings and Revenue History
COVER 50'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 COVER 50 Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BIT:COV 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 29.70 3.95 5.59
2018-09-30 28.96 3.77 4.70
2018-06-30 28.68 3.43 4.16
2018-03-31 28.10 3.31 4.13
2017-12-31 27.52 3.18 4.09
2017-09-30 27.10 3.07 4.43
2017-06-30 26.21 3.13 4.40
2017-03-31 25.52 3.11 4.29
2016-12-31 24.83 3.10 4.18
2016-09-30 25.11 3.75 3.58
2016-06-30 25.40 4.40 2.98
2016-03-31 25.07 4.22 3.16
2015-12-31 24.74 4.03 3.34
2015-09-30 24.62 4.19 3.38
2015-06-30 24.50 4.35 3.43
2015-03-31 24.18 4.31 3.19
2014-12-31 23.86 4.27 2.95
2013-12-31 21.61 3.80 2.62
2012-12-31 20.61 3.13 1.97

*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.
  • COVER 50 has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • COVER 50 used its assets more efficiently than the IT Luxury industry average last year based on Return on Assets.
  • COVER 50's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess COVER 50'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.
COVER 50 has a total score of 2/6, 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.

COV Health

 How is COVER 50'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 COVER 50's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • COVER 50 is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • COVER 50's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of COVER 50'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.
  • COVER 50 has no debt, it does not need to be covered by short term assets.
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 COVER 50 Company Filings, last reported 3 months ago.

BIT:COV Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 24.57 0.00 11.59
2018-09-30 24.57 0.00 11.59
2018-06-30 23.52 0.01 11.41
2018-03-31 23.52 0.01 11.41
2017-12-31 22.88 0.01 9.69
2017-09-30 22.88 0.01 9.69
2017-06-30 23.42 0.01 9.81
2017-03-31 23.42 0.01 9.81
2016-12-31 21.84 0.00 11.91
2016-09-30 21.84 0.00 11.91
2016-06-30 21.43 0.00 12.14
2016-03-31 21.43 0.00 12.14
2015-12-31 21.02 0.04 11.25
2015-09-30 21.02 0.04 11.25
2015-06-30 19.23 0.07 12.11
2015-03-31 19.23 0.07 12.11
2014-12-31 12.05 0.11 4.96
2013-12-31 10.28 0.24 4.11
2012-12-31 8.98 0.64 3.60
  • COVER 50 has no debt.
  • COVER 50 has no debt compared to 5 years ago when it was 2.4%.
  • COVER 50 has no debt, it does not need to be covered by operating cash flow.
  • COVER 50 has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess COVER 50'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. COVER 50 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.

COV Dividends

 What is COVER 50'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
4.72%
Current annual income from COVER 50 dividends.
If you bought €2,000 of COVER 50 shares you are expected to receive €94 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?
  • COVER 50's pays a higher dividend yield than the bottom 25% of dividend payers in Italy (2.07%).
  • COVER 50's dividend is above the markets top 25% of dividend payers in Italy (4.43%).
Upcoming dividend payment

Purchase COVER 50 before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
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:COV 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 0 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 182 Stocks 4%
Italy Minimum Threshold Dividend Yield 10th Percentile 1.2%
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:COV Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-03-28 0.500 4.713
2018-04-27 0.500 5.065
2017-05-18 0.500 4.665
2016-04-28 0.500 5.263
2016-03-23 0.500 3.546

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

  • Whilst dividend payments have been stable, COVER 50 has been paying a dividend for less than 10 years.
  • COVER 50 has only been paying a dividend for 3 years, and since then there has been no growth.
Current Payout to shareholders
What portion of COVER 50's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.6x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess COVER 50's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - 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 COVER 50 afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. COVER 50 has a total score of 3/6, see the detailed checks below.


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

COV Management

 What is the CEO of COVER 50'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
Pierangelo Fassino
CEO Bio

Mr. Pierangelo Fassino serves as the Chairman, President and Chief Executive Officer at Cover 50 S.p.A. Mr. Fassino is an Industry Expert. He has a Diploma of Textile.

CEO Compensation
  • Insufficient data for Pierangelo to compare compensation growth.
  • Insufficient data for Pierangelo to establish whether their remuneration is reasonable compared to companies of similar size in Italy.
Management Team

Pierangelo Fassino

TITLE
Chairman

Alberto Fassino

TITLE
CEO & Director
Board of Directors

Pierangelo Fassino

TITLE
Chairman

Alberto Fassino

TITLE
CEO & Director

Angelo Frascina

TITLE
Chairman of the Board of Statutory Auditors

Valter Cantino

TITLE
Independent Director

Luca Asvisio

TITLE
Statutory Auditor

Sergio Frascina

TITLE
Statutory Auditor
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
18. Oct 18 Buy FHOLD S.R.L. Company 16. Oct 18 16. Oct 18 1,400 €9.80 €13,366
17. Oct 18 Buy FHOLD S.R.L. Company 15. Oct 18 15. Oct 18 400 €9.62 €3,824
15. Oct 18 Buy FHOLD S.R.L. Company 11. Oct 18 11. Oct 18 600 €9.80 €5,790
10. Oct 18 Buy FHOLD S.R.L. Company 08. Oct 18 08. Oct 18 700 €9.70 €6,740
11. Oct 18 Buy FHOLD S.R.L. Company 09. Oct 18 09. Oct 18 2,500 €9.56 €23,776
X
Management checks
We assess COVER 50'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. COVER 50 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.

COV News

Simply Wall St News

COVER 50 S.p.A.'s (BIT:COV) Earnings Grew 24%, Did It Beat Long-Term Trend?

After looking at COVER 50 S.p.A.'s (BIT:COV) latest earnings update (31 December 2018), I found it helpful to revisit the company's performance in the past couple of years and compare this against the latest numbers. … Did COV's recent earnings growth beat the long-term trend and the industry. … COV's trailing twelve-month earnings (from 31 December 2018) of €3.9m has.

Simply Wall St -

If You Had Bought COVER 50 (BIT:COV) Stock Three Years Ago, You'd Be Sitting On A 29% Loss, Today

(BIT:COV) shareholders have had that experience, with the share price dropping 29% in three years, versus a market return of about 4.4%. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers)

Simply Wall St -

Do You Like COVER 50 S.p.A. (BIT:COV) At This P/E Ratio?

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … COVER 50 has a price to earnings ratio of 13.46, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

How Good Is COVER 50 S.p.A. (BIT:COV), When It Comes To ROE?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … Another way to think of that is that for every €1 worth of equity in the company, it was able to earn €0.15. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

What To Know Before Buying COVER 50 S.p.A. (BIT:COV) For Its Dividend

A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. … View our latest analysis for COVER 50? … Take the survey and be part of one of the most advanced studies of stock market investors to date

Simply Wall St -

COVER 50 S.p.A. (BIT:COV) Is Employing Capital Very Effectively

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Understanding Return On Capital Employed (ROCE). … ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business.

Simply Wall St -

How Much Of COVER 50 SpA (BIT:COV) Do Institutions Own?

Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. … We also tend to see lower insider ownership in companies that were previously publicly owned. … Taking a look at the our data on the ownership groups (below), it's seems that.

Simply Wall St -

Does COVER 50 SpA's (BIT:COV) P/E Ratio Signal A Buying Opportunity?

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … We'll look at COVER 50 SpA's (BIT:COV) P/E ratio and reflect on what it tells us about the company's share price. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Is COVER 50 SpA's (BIT:COV) 15% ROE Strong Compared To Its Industry?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … One way to conceptualize this, is that for each €1 of shareholders' equity it has, the company made €0.15 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Why COVER 50 SpA's (BIT:COV) Investor Composition Impacts Your Returns

In this article, I'm going to take a look at COVER 50 SpA’s (BIT:COV) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … The effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company's corporate governance and accountability to shareholders. … BIT:COV Ownership Summary August 13th 18

Simply Wall St -

COV Company Info

Description

COVER 50 S.p.A. engages in the creation, production, and marketing of pants and trousers. The company offers men's, women’s, and bermuda pants under the Pantaloni Torino brand name. The company was founded in 1968 and is based in Pianezza, Italy.

Details
Name: COVER 50 S.p.A.
COV
Exchange: BIT
Founded: 1968
€46,640,000
4,400,000
Website: http://www.cover50.it
Address: COVER 50 S.p.A.
Via Torino, 25,
Pianezza,
Turin, 10044,
Italy
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BIT COV Common Stock Borsa Italiana IT EUR 13. May 2015
Number of employees
Current staff
Staff numbers
0
COVER 50 employees.
Industry
Apparel, Accessories and Luxury Goods
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 21:50
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/03/28
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.