CSP International Fashion Group
Market Cap
€13.6m
Last Updated
2020/06/06 23:40 UTC
Data Sources
Company Financials
Executive Summary
CSP International Fashion Group S.p.A. produces and sells women’s hosiery and underwear in Italy, France, and internationally.
Snowflake Analysis
Mediocre balance sheet and overvalued.
Share Price & News
How has CSP International Fashion Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CSP's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
10.8%
CSP
10.9%
IT Luxury
9.3%
IT Market
1 Year Return
-34.8%
CSP
-9.5%
IT Luxury
-4.5%
IT Market
Return vs Industry: CSP underperformed the Italian Luxury industry which returned -9.5% over the past year.
Return vs Market: CSP underperformed the Italian Market which returned -4.5% over the past year.
Shareholder returns
| CSP | Industry | Market | |
|---|---|---|---|
| 7 Day | 10.8% | 10.9% | 9.3% |
| 30 Day | 16.0% | 13.6% | 15.4% |
| 90 Day | -12.1% | 5.5% | -2.7% |
| 1 Year | -34.8%-34.8% | -9.5%-9.5% | -2.1%-4.5% |
| 3 Year | -65.4%-66.8% | -4.7%-10.8% | -1.4%-10.3% |
| 5 Year | -66.2%-69.9% | -5.8%-17.2% | -5.2%-37.8% |
Price Volatility Vs. Market
How volatile is CSP International Fashion Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall St
Calculating The Intrinsic Value Of CSP International Fashion Group S.p.A. (BIT:CSP)4 months ago | Simply Wall St
Is CSP International Fashion Group (BIT:CSP) Using Debt In A Risky Way?Valuation
Is CSP International Fashion Group undervalued compared to its fair value and its price relative to the market?
0.25x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: CSP (€0.42) is trading above our estimate of fair value (€0)
Significantly Below Fair Value: CSP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CSP is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.
PE vs Market: CSP 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 CSP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CSP is good value based on its PB Ratio (0.3x) compared to the IT Luxury industry average (1.1x).
Next Steps
Future Growth
How is CSP International Fashion Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
21.1%
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 CSP International Fashion Group 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
- Take a look at our analysis of CSP’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.
- CSP International Fashion Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
Past Performance
How has CSP International Fashion Group performed over the past 5 years?
-74.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CSP is currently unprofitable.
Growing Profit Margin: CSP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CSP is unprofitable, and losses have increased over the past 5 years at a rate of -74.4% per year.
Accelerating Growth: Unable to compare CSP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CSP is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (5.8%).
Return on Equity
High ROE: CSP has a negative Return on Equity (-6.36%), as it is currently unprofitable.
Next Steps
Financial Health
How is CSP International Fashion Group's financial position?
Financial Position Analysis
Short Term Liabilities: CSP's short term assets (€81.5M) exceed its short term liabilities (€44.9M).
Long Term Liabilities: CSP's short term assets (€81.5M) exceed its long term liabilities (€19.3M).
Debt to Equity History and Analysis
Debt Level: CSP's debt to equity ratio (29.5%) is considered satisfactory.
Reducing Debt: CSP's debt to equity ratio has increased from 20.1% to 29.5% over the past 5 years.
Debt Coverage: CSP's debt is not well covered by operating cash flow (13.6%).
Interest Coverage: Insufficient data to determine if CSP's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is CSP International Fashion Group's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CSP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CSP'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 CSP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CSP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CSP is not paying a notable dividend for the Italian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CSP's dividend in 3 years as they are not forecast to pay a notable one for the Italian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.4yrs
Average board tenure
CEO
Maria Bertoni
no data
Tenure
€268,000
Compensation
Ms. Maria Grazia Bertoni serves as Chairman of the Board and Chief Executive Officer/Managing Director of CSP International Fashion Group S.p.A. and served as its Vice Chairman of the Board. Ms. Bertoni se ...
CEO Compensation Analysis
Compensation vs Market: Maria's total compensation ($USD0.00) is below average for companies of similar size in the Italian market ($USD374.92K).
Compensation vs Earnings: Maria's compensation has increased whilst the company is unprofitable.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | no data | €268.00k | 25.47% €3.5m | |
| MD & Director | no data | €321.00k | 16.58% €2.3m | |
| MD & Director | 20.17yrs | €44.00k | 2.79% €379.3k | |
| Statutory Auditor | no data | €22.00k | no data | |
| Director | no data | €50.00k | 0.32% €43.2k | |
| Chairman of Board of Statutory Auditors | 2.42yrs | €18.00k | no data | |
| Independent Director | no data | no data | no data | |
| Statutory Auditor | 2.42yrs | no data | no data | |
| Independent Director | 1.42yrs | no data | no data |
2.4yrs
Average Tenure
Experienced Board: CSP's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
CSP International Fashion Group S.p.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: CSP International Fashion Group S.p.A.
- Ticker: CSP
- Exchange: BIT
- Founded: 1973
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: €13.581m
- Shares outstanding: 32.26m
- Website: https://cspinternational.it/en
Location
- CSP International Fashion Group S.p.A.
- Via Piubega, 5C
- Ceresara
- Mantova
- 46040
- Italy
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CSP | BIT (Borsa Italiana) | Yes | Ordinary Shares | IT | EUR | Jul 1997 |
| 0IHT | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Jul 1997 |
| CSPM | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Jul 1997 |
Biography
CSP International Fashion Group S.p.A. produces and sells women’s hosiery and underwear in Italy, France, and internationally. It offers tights, stockings, corsetry, lingerie, beachwear and bath suits, and bodywear for women, as well as underwear for men. The company provides its products under the Oroblù, Liberti, Luna di Seta, Le Bourget, Lepel, Sanpellegrino, Well, Perofil, Cagi, and Bikkembergs brands. It sells its products through agents, merchandisers, promoters, and distributors, as well as through its stores. CSP International Fashion Group S.p.A. was founded in 1973 and is based in Ceresara, Italy.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/06 23:40 |
| End of Day Share Price | 2020/06/05 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.