Aquafil
Market Cap
€276.1m
Last Updated
2021/03/01 19:52 UTC
Data Sources
Company Financials +
Executive Summary
Aquafil S.p.A., together with its subsidiaries, produces and sells polyamide 6 fibers and polymers in Europe, the United States, and Asia. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential and overvalued.
Share Price & News
How has Aquafil's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ECNL is more volatile than 75% of Italian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: ECNL's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of Italian stocks.
Market Performance
7 Day Return
-1.8%
ECNL
-0.7%
IT Luxury
-0.9%
IT Market
1 Year Return
14.9%
ECNL
2.5%
IT Luxury
-0.6%
IT Market
Return vs Industry: ECNL exceeded the Italian Luxury industry which returned 2.5% over the past year.
Return vs Market: ECNL exceeded the Italian Market which returned -0.8% over the past year.
Shareholder returns
| ECNL | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.8% | -0.7% | -0.9% |
| 30 Day | 26.0% | 2.5% | 6.4% |
| 90 Day | 29.5% | 5.8% | 3.2% |
| 1 Year | 14.9%14.9% | 2.6%2.5% | 2.3%-0.6% |
| 3 Year | -53.1%-54.2% | -33.7%-38.1% | 7.0%-3.5% |
| 5 Year | n/a | -32.8%-41.8% | 12.2%-10.6% |
Long-Term Price Volatility Vs. Market
How volatile is Aquafil's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Calculating The Fair Value Of Aquafil S.p.A. (BIT:ECNL)4 weeks ago | Simply Wall St
Aquafil (BIT:ECNL) Seems To Be Using A Lot Of Debt1 month ago | Simply Wall St
If You Had Bought Aquafil's (BIT:ECNL) Shares Three Years Ago You Would Be Down 62%Valuation
Is Aquafil undervalued compared to its fair value and its price relative to the market?
5.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ECNL (€5.3) is trading below our estimate of fair value (€5.66)
Significantly Below Fair Value: ECNL is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ECNL is unprofitable, so we can't compare its PE Ratio to the IT Luxury industry average.
PE vs Market: ECNL 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 ECNL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ECNL is overvalued based on its PB Ratio (2.1x) compared to the IT Luxury industry average (1.2x).
Next Steps
Future Growth
How is Aquafil forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
116.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ECNL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: ECNL is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ECNL's is expected to become profitable in the next 3 years.
Revenue vs Market: ECNL's revenue (9.3% per year) is forecast to grow faster than the Italian market (4% per year).
High Growth Revenue: ECNL's revenue (9.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ECNL's Return on Equity is forecast to be low in 3 years time (11.3%).
Next Steps
Past Performance
How has Aquafil performed over the past 5 years?
-21.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ECNL is currently unprofitable.
Growing Profit Margin: ECNL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ECNL is unprofitable, and losses have increased over the past 5 years at a rate of 21.9% per year.
Accelerating Growth: Unable to compare ECNL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ECNL is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-52.9%).
Return on Equity
High ROE: ECNL has a negative Return on Equity (-2.65%), as it is currently unprofitable.
Next Steps
Financial Health
How is Aquafil's financial position?
Financial Position Analysis
Short Term Liabilities: ECNL's short term assets (€349.6M) exceed its short term liabilities (€124.1M).
Long Term Liabilities: ECNL's short term assets (€349.6M) do not cover its long term liabilities (€382.1M).
Debt to Equity History and Analysis
Debt Level: ECNL's debt to equity ratio (283.7%) is considered high.
Reducing Debt: ECNL's debt to equity ratio has increased from 206.9% to 283.7% over the past 5 years.
Debt Coverage: ECNL's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: ECNL is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Aquafil current dividend yield, its reliability and sustainability?
2.09%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ECNL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ECNL'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 ECNL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ECNL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ECNL is not paying a notable dividend for the Italian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ECNL'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?
3.6yrs
Average board tenure
CEO
Giulio Bonazzi (57 yo)
no data
Tenure
€1,353,000
Compensation
Mr. Giulio Bonazzi serves as the Chairman of the Board, Chief Executive Officer and President of Aquafil S.p.A. In 1987, Mr. Bonazzi started his career, working in the family business. After a year working...
CEO Compensation Analysis
Compensation vs Market: Giulio's total compensation ($USD1.64M) is above average for companies of similar size in the Italian market ($USD872.88K).
Compensation vs Earnings: Giulio's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | no data | €1.35m | no data | |
| CFO & Executive Director | 3.58yrs | €421.76k | no data | |
| GM & Executive Director | 3.58yrs | €428.59k | no data | |
| Executive Director | 3.58yrs | €322.86k | no data | |
| Lead Independent Director | no data | €65.00k | no data | |
| Independent Director | 3.58yrs | €65.00k | no data | |
| Chairman of Board of Statutory Auditors | 3.08yrs | €418.75k | no data | |
| Independent Director | 0.67yr | no data | no data | |
| Independent Director | 3.58yrs | €50.00k | no data | |
| Non-Executive Director | 3.58yrs | €40.00k | no data | |
| Statutory Auditor | 3.08yrs | no data | no data | |
| Statutory Auditor | 3.08yrs | no data | no data |
3.6yrs
Average Tenure
58yo
Average Age
Experienced Board: ECNL's board of directors are considered experienced (3.6 years average tenure).
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
Aquafil S.p.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Aquafil S.p.A.
- Ticker: ECNL
- Exchange: BIT
- Founded: 1969
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: €276.149m
- Shares outstanding: 51.14m
- Website: https://www.aquafil.com
Number of Employees
Location
- Aquafil S.p.A.
- via Linfano, 9
- Arco
- Trento
- 38062
- Italy
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ECNL | BIT (Borsa Italiana) | Yes | Ordinary Shares | IT | EUR | Dec 2017 |
| 0ROH | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Dec 2017 |
| ECNLM | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Dec 2017 |
| 6W7 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Dec 2017 |
Biography
Aquafil S.p.A., together with its subsidiaries, produces and sells polyamide 6 fibers and polymers in Europe, the United States, and Asia. It offers bulk continuous filament or synthetic yarns for the text...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/01 19:52 |
| End of Day Share Price | 2021/03/01 00:00 |
| Earnings | 2020/09/30 |
| 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.