OVS S.p.A.

BIT:OVS Stock Report

Market Cap: €834.5m

OVS Balance Sheet Health

Financial Health criteria checks 3/6

OVS has a total shareholder equity of €871.0M and total debt of €361.8M, which brings its debt-to-equity ratio to 41.5%. Its total assets and total liabilities are €2.9B and €2.0B respectively. OVS's EBIT is €140.4M making its interest coverage ratio 2.2. It has cash and short-term investments of €91.5M.

Key information

41.5%

Debt to equity ratio

€361.77m

Debt

Interest coverage ratio2.2x
Cash€91.55m
Equity€871.01m
Total liabilities€2.02b
Total assets€2.89b

Recent financial health updates

OVS (BIT:OVS) Takes On Some Risk With Its Use Of Debt

Nov 22
OVS (BIT:OVS) Takes On Some Risk With Its Use Of Debt

Does OVS (BIT:OVS) Have A Healthy Balance Sheet?

Jun 19
Does OVS (BIT:OVS) Have A Healthy Balance Sheet?

OVS (BIT:OVS) Use Of Debt Could Be Considered Risky

Jul 24
OVS (BIT:OVS) Use Of Debt Could Be Considered Risky

Recent updates

OVS (BIT:OVS) Takes On Some Risk With Its Use Of Debt

Nov 22
OVS (BIT:OVS) Takes On Some Risk With Its Use Of Debt

We Think OVS' (BIT:OVS) Solid Earnings Are Understated

Oct 01
We Think OVS' (BIT:OVS) Solid Earnings Are Understated

What Does OVS S.p.A.'s (BIT:OVS) Share Price Indicate?

Aug 07
What Does OVS S.p.A.'s (BIT:OVS) Share Price Indicate?

Investors Still Aren't Entirely Convinced By OVS S.p.A.'s (BIT:OVS) Earnings Despite 27% Price Jump

Dec 18
Investors Still Aren't Entirely Convinced By OVS S.p.A.'s (BIT:OVS) Earnings Despite 27% Price Jump

Is Now The Time To Look At Buying OVS S.p.A. (BIT:OVS)?

Jun 08
Is Now The Time To Look At Buying OVS S.p.A. (BIT:OVS)?

OVS (BIT:OVS) May Have Issues Allocating Its Capital

Apr 20
OVS (BIT:OVS) May Have Issues Allocating Its Capital

Why OVS S.p.A. (BIT:OVS) Could Be Worth Watching

Feb 02
Why OVS S.p.A. (BIT:OVS) Could Be Worth Watching

Investors Could Be Concerned With OVS' (BIT:OVS) Returns On Capital

Dec 03
Investors Could Be Concerned With OVS' (BIT:OVS) Returns On Capital

Calculating The Fair Value Of OVS S.p.A. (BIT:OVS)

Aug 05
Calculating The Fair Value Of OVS S.p.A. (BIT:OVS)

Does OVS (BIT:OVS) Have A Healthy Balance Sheet?

Jun 19
Does OVS (BIT:OVS) Have A Healthy Balance Sheet?

A Look At The Fair Value Of OVS S.p.A. (BIT:OVS)

Apr 07
A Look At The Fair Value Of OVS S.p.A. (BIT:OVS)

OVS (BIT:OVS) Will Be Hoping To Turn Its Returns On Capital Around

Sep 22
OVS (BIT:OVS) Will Be Hoping To Turn Its Returns On Capital Around

OVS (BIT:OVS) Use Of Debt Could Be Considered Risky

Jul 24
OVS (BIT:OVS) Use Of Debt Could Be Considered Risky

Upgrade: Analysts Just Made A Notable Increase To Their OVS S.p.A. (BIT:OVS) Forecasts

Jun 23
Upgrade: Analysts Just Made A Notable Increase To Their OVS S.p.A. (BIT:OVS) Forecasts

Downgrade: Here's How Analysts See OVS S.p.A. (BIT:OVS) Performing In The Near Term

Apr 20
Downgrade: Here's How Analysts See OVS S.p.A. (BIT:OVS) Performing In The Near Term

Is OVS' (BIT:OVS) Share Price Gain Of 126% Well Earned?

Mar 15
Is OVS' (BIT:OVS) Share Price Gain Of 126% Well Earned?

How Many OVS S.p.A. (BIT:OVS) Shares Do Institutions Own?

Dec 12
How Many OVS S.p.A. (BIT:OVS) Shares Do Institutions Own?

Financial Position Analysis

Short Term Liabilities: OVS's short term assets (€735.7M) do not cover its short term liabilities (€821.7M).

Long Term Liabilities: OVS's short term assets (€735.7M) do not cover its long term liabilities (€1.2B).

Debt to Equity History and Analysis

Debt Level: OVS's net debt to equity ratio (31%) is considered satisfactory.

Reducing Debt: OVS's debt to equity ratio has reduced from 53.7% to 41.5% over the past 5 years.

Debt Coverage: OVS's debt is well covered by operating cash flow (82.3%).

Interest Coverage: OVS's interest payments on its debt are not well covered by EBIT (2.2x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 03:35
End of Day Share Price 2024/12/30 00:00
Earnings2024/07/31
Annual Earnings2024/01/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

OVS S.p.A. is covered by 13 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrea BonfaBanca Akros S.p.A. (ESN)
Giuseppe MarsellaBNP Paribas Exane
Paul Henri SteegersBofA Global Research