Stock Analysis
Emak (BIT:EM) Full Year 2023 Results
Key Financial Results
- Revenue: €566.3m (down 6.5% from FY 2022).
- Net income: €19.1m (down 37% from FY 2022).
- Profit margin: 3.4% (down from 5.0% in FY 2022). The decrease in margin was driven by lower revenue.
- EPS: €0.12 (down from €0.18 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Emak Earnings Insights
Looking ahead, revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Consumer Durables industry in Italy.
Performance of the Italian Consumer Durables industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It is worth noting though that we have found 3 warning signs for Emak (1 is significant!) that you need to take into consideration.
Valuation is complex, but we're helping make it simple.
Find out whether Emak is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
View the Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About BIT:EM
Emak
Emak S.p.A., together with its subsidiaries, manufactures and distributes machines, components, and accessories for gardening, forestry, agricultural, and other industries worldwide.
Adequate balance sheet and fair value.