Fope S.p.A. produces and distributes jewelry in Italy and internationally.
Good value with reasonable growth potential.
Share Price & News
How has Fope's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FPE has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: FPE exceeded the Italian Luxury industry which returned -11.5% over the past year.
Return vs Market: FPE exceeded the Italian Market which returned 15.8% over the past year.
Price Volatility Vs. Market
How volatile is Fope's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StThese 4 Measures Indicate That Fope (BIT:FPE) Is Using Debt Reasonably Well
2 weeks ago | Simply Wall StHere's What Fope S.p.A.'s (BIT:FPE) P/E Ratio Is Telling Us
4 weeks ago | Simply Wall StShould You Like Fope S.p.A.’s (BIT:FPE) High Return On Capital Employed?
Is Fope undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FPE (€9.2) is trading below our estimate of fair value (€11.01)
Significantly Below Fair Value: FPE is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: FPE is good value based on its PE Ratio (13.8x) compared to the Luxury industry average (15.4x).
PE vs Market: FPE is good value based on its PE Ratio (13.8x) compared to the Italian market (18.7x).
Price to Earnings Growth Ratio
PEG Ratio: FPE is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: FPE is overvalued based on its PB Ratio (2.9x) compared to the IT Luxury industry average (1.3x).
How is Fope 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: FPE's forecast earnings growth (16.2% per year) is above the savings rate (1.2%).
Earnings vs Market: FPE's earnings (16.2% per year) are forecast to grow faster than the Italian market (9.8% per year).
High Growth Earnings: FPE's earnings are forecast to grow, but not significantly.
Revenue vs Market: FPE's revenue (10.4% per year) is forecast to grow faster than the Italian market (4.2% per year).
High Growth Revenue: FPE's revenue (10.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FPE's Return on Equity is forecast to be high in 3 years time (20.7%)
How has Fope performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FPE has high quality earnings.
Growing Profit Margin: FPE's current net profit margins (10.3%) are lower than last year (11.3%).
Past Earnings Growth Analysis
Earnings Trend: FPE's earnings have grown significantly by 37.2% per year over the past 5 years.
Accelerating Growth: FPE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FPE had negative earnings growth (-2.7%) over the past year, making it difficult to compare to the Luxury industry average (-11.5%).
Return on Equity
High ROE: FPE's Return on Equity (19.9%) is considered low.
Return on Assets
Return on Capital Employed
How is Fope's financial position?
Financial Position Analysis
Short Term Liabilities: FPE's short term assets (€24.8M) exceed its short term liabilities (€9.4M).
Long Term Liabilities: FPE's short term assets (€24.8M) exceed its long term liabilities (€9.6M).
Debt to Equity History and Analysis
Debt Level: FPE's debt to equity ratio (63.4%) is considered high.
Reducing Debt: Insufficient data to determine if FPE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: FPE's debt is well covered by operating cash flow (49.2%).
Interest Coverage: FPE's interest payments on its debt are well covered by EBIT (44.7x coverage).
Inventory Level: FPE has a high level of physical assets or inventory.
Debt Coverage by Assets: FPE's debt is covered by short term assets (assets are 2.4x debt).
What is Fope's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: FPE's dividend (3.8%) is higher than the bottom 25% of dividend payers in the Italian market (2%).
High Dividend: FPE's dividend (3.8%) is low compared to the top 25% of dividend payers in the Italian market (4.47%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, FPE has been paying a dividend for less than 10 years.
Growing Dividend: FPE's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (52.4%), FPE's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FPE's dividends in 3 years are forecast to be well covered by earnings (41.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Diego Nardin 0
Mr. Diego Nardin serves as Chief Executive Officer and Director at Fope S.p.A.
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.3%.
Fope S.p.A.'s company bio, employee growth, exchange listings and data sources
- Name: Fope S.p.A.
- Ticker: FPE
- Exchange: BIT
- Founded: 1929
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: €48.705m
- Shares outstanding: 5.29m
- Website: https://www.fope.com
Number of Employees
- Fope S.p.A.
- Via Zampieri Giuseppe, 31
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FPE||BIT (Borsa Italiana)||Yes||Ordinary Shares||IT||EUR||Nov 2016|
Fope S.p.A. produces and distributes jewelry in Italy and internationally. It offers bracelets, rings, necklaces, ear rings, and watches, as well as other collections. The company was founded in 1929 and is headquartered in Vicenza, Italy.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/22 22:47|
|End of Day Share Price||2020/02/21 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.