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Ratti BIT:RAT Stock Report

Last Price


Market Cap







25 Jun, 2022


Company Financials
RAT fundamental analysis
Snowflake Score
Future Growth0/6
Past Performance4/6
Financial Health4/6

RAT Stock Overview

Ratti S.p.A. manufactures and distributes fabrics and accessories for men and women in Italy and internationally.

Ratti Competitors













Price History & Performance

Summary of all time highs, changes and price drops for Ratti
Historical stock prices
Current Share Price€3.28
52 Week High€4.04
52 Week Low€3.00
1 Month Change-12.53%
3 Month Change-16.11%
1 Year Change-17.59%
3 Year Change-17.79%
5 Year Change48.82%
Change since IPO-85.03%

Recent News & Updates

Apr 15
Investors Shouldn't Be Too Comfortable With Ratti's (BIT:RAT) Robust Earnings

Investors Shouldn't Be Too Comfortable With Ratti's (BIT:RAT) Robust Earnings

Despite announcing strong earnings, Ratti S.p.A.'s ( BIT:RAT ) stock was sluggish. We did some digging and found some...

Dec 21
Is Ratti (BIT:RAT) Using Debt In A Risky Way?

Is Ratti (BIT:RAT) Using Debt In A Risky Way?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

RATIT LuxuryIT Market

Return vs Industry: RAT exceeded the Italian Luxury industry which returned -29.2% over the past year.

Return vs Market: RAT matched the Italian Market which returned -17.2% over the past year.

Price Volatility

Is RAT's price volatile compared to industry and market?
RAT volatility
RAT Average Weekly Movement4.8%
Luxury Industry Average Movement5.8%
Market Average Movement5.1%
10% most volatile stocks in IT Market7.1%
10% least volatile stocks in IT Market3.3%

Stable Share Price: RAT is not significantly more volatile than the rest of Italian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: RAT's weekly volatility (5%) has been stable over the past year.

About the Company

1945711Sergio Tamborini

Ratti S.p.A. manufactures and distributes fabrics and accessories for men and women in Italy and internationally. The company offers printed, plain, yarn-dyed, and jacquard fabrics for women’s ready-to-wear, beachwear, underwear, and handbags, as well as headscarves, shawls, and scarves; and printed, plain, and jacquard fabrics for men’s shirts, ready-to-wear, and beachwear, as well as designs and produces accessories, such as scarves, ties, fabrics for bags, and garment prints. It also provides furnishings, including upholstery, curtain, cushion, and home décor fabrics, as well as furnishing fabrics for hotels, showrooms, and stores.

Ratti Fundamentals Summary

How do Ratti's earnings and revenue compare to its market cap?
RAT fundamental statistics
Market Cap€89.71m
Earnings (TTM)€2.92m
Revenue (TTM)€78.97m


P/E Ratio


P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RAT income statement (TTM)
Cost of Revenue€42.25m
Gross Profit€36.72m
Other Expenses€33.80m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date


Earnings per share (EPS)0.11
Gross Margin46.50%
Net Profit Margin3.70%
Debt/Equity Ratio66.2%

How did RAT perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio
We’ve recently updated our valuation analysis.


Is RAT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score


Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for RAT?

Other financial metrics that can be useful for relative valuation.

RAT key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.1x
Enterprise Value/EBITDA11.5x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does RAT's PE Ratio compare to its peers?

RAT PE Ratio vs Peers
The above table shows the PE ratio for RAT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average15.1x

Price-To-Earnings vs Peers: RAT is expensive based on its Price-To-Earnings Ratio (30.7x) compared to the peer average (15.1x).

Price to Earnings Ratio vs Industry

How does RAT's PE Ratio compare vs other companies in the Luxury Industry?

Price-To-Earnings vs Industry: RAT is expensive based on its Price-To-Earnings Ratio (30.7x) compared to the Italian Luxury industry average (21.1x)

Price to Earnings Ratio vs Fair Ratio

What is RAT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

RAT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio30.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate RAT's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of RAT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: RAT (€3.28) is trading above our estimate of fair value (€1.35)

Significantly Below Fair Value: RAT is trading above our estimate of fair value.

Price to Earnings Growth Ratio

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

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Future Growth

How is Ratti forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score


Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


Forecasted Consumer Durables industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ratti has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Discover growth companies

  • Check out Ratti's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
  • Ratti competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Ratti performed over the past 5 years?

Past Performance Score


Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: RAT has high quality earnings.

Growing Profit Margin: RAT's current net profit margins (3.7%) are higher than last year (0.6%).

Past Earnings Growth Analysis

Earnings Trend: RAT's earnings have declined by 15.7% per year over the past 5 years.

Accelerating Growth: RAT's earnings growth over the past year (594.5%) exceeds its 5-year average (-15.7% per year).

Earnings vs Industry: RAT earnings growth over the past year (594.5%) exceeded the Luxury industry 47.9%.

Return on Equity

High ROE: RAT's Return on Equity (4.6%) is considered low.

Discover strong past performing companies

Financial Health

How is Ratti's financial position?

Financial Health Score


Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: RAT's short term assets (€85.5M) exceed its short term liabilities (€36.9M).

Long Term Liabilities: RAT's short term assets (€85.5M) exceed its long term liabilities (€36.4M).

Debt to Equity History and Analysis

Debt Level: RAT has more cash than its total debt.

Reducing Debt: RAT's debt to equity ratio has increased from 50.8% to 66.2% over the past 5 years.

Debt Coverage: RAT's debt is not well covered by operating cash flow (12.6%).

Interest Coverage: RAT's interest payments on its debt are well covered by EBIT (11x coverage).

Balance Sheet

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What is Ratti current dividend yield, its reliability and sustainability?

Dividend Score


Dividend Score 1/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: RAT's dividend (3.05%) is higher than the bottom 25% of dividend payers in the Italian market (1.73%).

High Dividend: RAT's dividend (3.05%) is low compared to the top 25% of dividend payers in the Italian market (5.3%).

Stability and Growth of Payments

Stable Dividend: RAT's dividend payments have been volatile in the past 10 years.

Growing Dividend: RAT's dividend payments have not increased over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (93.5%), RAT's dividend payments are not well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: RAT is paying a dividend but the company has no free cash flows.

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How experienced are the management team and are they aligned to shareholders interests?


Average board tenure


Sergio Tamborini (62 yo)

no data




Mr. Sergio Tamborini serves as the Chief Executive Officer of Ratti SpA and serves as its Director since December 23, 2009.

CEO Compensation Analysis

Compensation vs Market: Sergio's total compensation ($USD413.50K) is above average for companies of similar size in the Italian market ($USD315.42K).

Compensation vs Earnings: Sergio's compensation has been consistent with company performance over the past year.

Board Members

Experienced Board: RAT's board of directors are seasoned and experienced ( 12.2 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: RAT insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

Ratti S.p.A.'s employee growth, exchange listings and data sources

Key Information

  • Name: Ratti S.p.A.
  • Ticker: RAT
  • Exchange: BIT
  • Founded: 1945
  • Industry: Textiles
  • Sector: Consumer Durables
  • Implied Market Cap: €89.708m
  • Shares outstanding: 27.35m
  • Website:

Number of Employees


  • Ratti S.p.A.
  • Via Madonna, 30
  • Guanzate
  • Como
  • 22070
  • Italy


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/25 00:00
End of Day Share Price2022/06/24 00:00
Annual Earnings2021/12/31

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.