Aquafil S.p.A., together with its subsidiaries, produces and sells polyamide 6 fibers and polymers in Europe, the United States, and Asia.
+ 1 more risk
Adequate balance sheet with moderate growth potential.
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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ECNL underperformed the Italian Luxury industry which returned -13.9% over the past year.
Return vs Market: ECNL underperformed the Italian Market which returned -1.9% over the past year.
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 StShould You Use Aquafil's (BIT:ECNL) Statutory Earnings To Analyse It?
3 weeks ago | Simply Wall StIs Aquafil (BIT:ECNL) A Risky Investment?
1 month ago | Simply Wall StOur Take On The Returns On Capital At Aquafil (BIT:ECNL)
Is Aquafil undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ECNL (€3.9) is trading above our estimate of fair value (€3.22)
Significantly Below Fair Value: ECNL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ECNL is poor value based on its PE Ratio (37x) compared to the IT Luxury industry average (18.1x).
PE vs Market: ECNL is poor value based on its PE Ratio (37x) compared to the Italian market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: ECNL is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: ECNL is overvalued based on its PB Ratio (1.4x) compared to the IT Luxury industry average (1.1x).
How is Aquafil forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ECNL's forecast earnings growth (62% per year) is above the savings rate (2%).
Earnings vs Market: ECNL's earnings (62% per year) are forecast to grow faster than the Italian market (25.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ECNL's revenue (3.2% per year) is forecast to grow slower than the Italian market (5.4% per year).
High Growth Revenue: ECNL's revenue (3.2% 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 (9.8%).
How has Aquafil performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ECNL has a large one-off loss of €11.0M impacting its March 31 2020 financial results.
Growing Profit Margin: ECNL's current net profit margins (1%) are lower than last year (5%).
Past Earnings Growth Analysis
Earnings Trend: ECNL's earnings have declined by 6.2% per year over the past 5 years.
Accelerating Growth: ECNL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ECNL had negative earnings growth (-80.7%) over the past year, making it difficult to compare to the Luxury industry average (0.9%).
Return on Equity
High ROE: ECNL's Return on Equity (3.7%) is considered low.
How is Aquafil's financial position?
Financial Position Analysis
Short Term Liabilities: ECNL's short term assets (€318.9M) exceed its short term liabilities (€134.6M).
Long Term Liabilities: ECNL's short term assets (€318.9M) do not cover its long term liabilities (€341.2M).
Debt to Equity History and Analysis
Debt Level: ECNL's debt to equity ratio (217.4%) is considered high.
Reducing Debt: ECNL's debt to equity ratio has reduced from 229.4% to 217.4% over the past 5 years.
Debt Coverage: ECNL's debt is well covered by operating cash flow (27.2%).
Interest Coverage: ECNL's interest payments on its debt are well covered by EBIT (3.4x coverage).
What is Aquafil current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ECNL's dividend (6.15%) is higher than the bottom 25% of dividend payers in the Italian market (1.8%).
High Dividend: ECNL's dividend (6.15%) is in the top 25% of dividend payers in the Italian market (4.89%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, ECNL has been paying a dividend for less than 10 years.
Growing Dividend: ECNL has only been paying a dividend for 2 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (227.9%), ECNL's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Giulio Bonazzi (57 yo)
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 ($USD1.60M) is above average for companies of similar size in the Italian market ($USD678.16K).
Compensation vs Earnings: Giulio's compensation has been consistent with company performance over the past year.
|Chairman||no data||€1.35m||no data|
|CFO & Executive Director||3.08yrs||€421.76k||no data|
|GM & Executive Director||3.08yrs||€428.59k||no data|
|Executive Director||3.08yrs||€322.86k||no data|
|Lead Independent Director||no data||€65.00k||no data|
|Independent Director||3.08yrs||€65.00k||no data|
|Chairman of Board of Statutory Auditors||2.58yrs||€418.75k||no data|
|Independent Director||0.17yr||no data||no data|
|Independent Director||3.08yrs||€50.00k||no data|
|Non-Executive Director||3.08yrs||€40.00k||no data|
|Statutory Auditor||2.58yrs||no data||no data|
|Statutory Auditor||2.58yrs||no data||no data|
Experienced Board: ECNL's board of directors are considered experienced (3.1 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Aquafil S.p.A.'s company bio, employee growth, exchange listings and data sources
- Name: Aquafil S.p.A.
- Ticker: ECNL
- Exchange: BIT
- Founded: 1969
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: €199.441m
- Shares outstanding: 51.14m
- Website: https://www.aquafil.com
Number of Employees
- Aquafil S.p.A.
- via Linfano, 9
|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|
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||2020/08/14 10:48|
|End of Day Share Price||2020/08/13 00:00|
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.