BIT:PWS

Stock Analysis Report

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Executive Summary

Powersoft S.p.A. engages in the research and development, manufacture, and sale of pro-audio amplifiers.


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

How has Powersoft's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PWS has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.5%

PWS

7.9%

IT Consumer Durables

4.4%

IT Market


1 Year Return

-13.0%

PWS

3.3%

IT Consumer Durables

-9.7%

IT Market

Return vs Industry: PWS underperformed the Italian Consumer Durables industry which returned 2.7% over the past year.

Return vs Market: PWS underperformed the Italian Market which returned -10.4% over the past year.


Shareholder returns

PWSIndustryMarket
7 Day2.5%7.9%4.4%
30 Day-1.4%13.9%4.0%
90 Day-11.5%12.6%-14.0%
1 Year-13.0%-13.0%3.3%3.3%-7.4%-9.7%
3 Yearn/a-29.3%-33.4%-8.2%-16.4%
5 Yearn/a5.2%-6.0%-12.3%-42.7%

Price Volatility Vs. Market

How volatile is Powersoft's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Powersoft undervalued compared to its fair value and its price relative to the market?

28.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PWS (€4.16) is trading below our estimate of fair value (€5.8)

Significantly Below Fair Value: PWS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PWS is poor value based on its PE Ratio (15.3x) compared to the Consumer Durables industry average (13.6x).

PE vs Market: PWS is good value based on its PE Ratio (15.3x) compared to the Italian market (15.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PWS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PWS is overvalued based on its PB Ratio (2.4x) compared to the IT Consumer Durables industry average (1.1x).


Next Steps

Future Growth

How is Powersoft forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

7.4%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if PWS's forecast earnings growth is above the savings rate (2%).

Earnings vs Market: Insufficient data to determine if PWS's earnings are forecast to grow faster than the Italian market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PWS's revenue (7.4% per year) is forecast to grow faster than the Italian market (4% per year).

High Growth Revenue: PWS's revenue (7.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PWS's Return on Equity is forecast to be low in 3 years time (11.5%).


Next Steps

Past Performance

How has Powersoft performed over the past 5 years?

19.6%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: PWS has high quality earnings.

Growing Profit Margin: PWS's current net profit margins (8.2%) are higher than last year (7.5%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if PWS's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare PWS's past year earnings growth to its 5-year average.

Earnings vs Industry: PWS earnings growth over the past year (19.6%) exceeded the Consumer Durables industry -4.9%.


Return on Equity

High ROE: PWS's Return on Equity (15.8%) is considered low.


Next Steps

Financial Health

How is Powersoft's financial position?


Financial Position Analysis

Short Term Liabilities: PWS's short term assets (€27.2M) exceed its short term liabilities (€10.1M).

Long Term Liabilities: PWS's short term assets (€27.2M) exceed its long term liabilities (€2.1M).


Debt to Equity History and Analysis

Debt Level: PWS is debt free.

Reducing Debt: PWS had no debt 5 years ago.

Debt Coverage: PWS has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: PWS has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Powersoft's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PWS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PWS'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 PWS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PWS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: PWS is not paying a notable dividend for the Italian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PWS'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?


CEO

Luca Lastrucci

no data

Tenure

Mr. Luca Lastrucci is Chief Executive Officer, Managing Director and Director of Powersoft S.p.A. 


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

Powersoft S.p.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Powersoft S.p.A.
  • Ticker: PWS
  • Exchange: BIT
  • Founded: 1995
  • Industry: Consumer Electronics
  • Sector: Consumer Durables
  • Market Cap: €46.035m
  • Shares outstanding: 11.07m
  • Website: https://www.powersoft-audio.com

Location

  • Powersoft S.p.A.
  • Via Enrico Conti, 5
  • Scandicci
  • Florence
  • 50018
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PWSBIT (Borsa Italiana)YesShare CapitalITEURDec 2018

Biography

Powersoft S.p.A. engages in the research and development, manufacture, and sale of pro-audio amplifiers. It offers 8-channel, 4-channel, 2-channel, and touring amplifiers; Deva, a networked multimedia system; and various OEM solutions. The company also provides accessories, including processing, KDSP, KAESOP, and programming boards, as well as plug-in output transformers, step-up cards, adapters, Deva mounting kits, and heatsinks. Its products have applications in hospitality industry, including theme parks, resorts and hotels, and bars and restaurants; retail industry comprising malls and shopping centers, and shops; houses of worship; and corporate buildings, as well as venues, such as stadiums, arts venues and theatres, convention centers, museums, and clubs. The company was founded in 1995 and is headquartered in Scandicci, Italy. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/02 02:39
End of Day Share Price2020/06/01 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.