Safilo Group S.p.A. engages in the design, production, retail distribution, and wholesale of products for the eyewear market in North America, Europe, the Asia Pacific, and internationally.
Safilo Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||€1.47|
|52 Week High||€0.50|
|52 Week Low||€1.97|
|1 Month Change||-4.05%|
|3 Month Change||3.53%|
|1 Year Change||157.09%|
|3 Year Change||-19.16%|
|5 Year Change||-84.60%|
|Change since IPO||-98.51%|
Recent News & Updates
Is Safilo Group (BIT:SFL) Using Too Much Debt?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
We Think Safilo Group's (BIT:SFL) Profit Is Only A Baseline For What They Can Achieve
Even though Safilo Group S.p.A.'s ( BIT:SFL ) recent earnings release was robust, the market didn't seem to notice. We...
Need To Know: Analysts Are Much More Bullish On Safilo Group S.p.A. (BIT:SFL)
Safilo Group S.p.A. ( BIT:SFL ) shareholders will have a reason to smile today, with the analysts making substantial...
|SFL||IT Luxury||IT Market|
Return vs Industry: SFL exceeded the Italian Luxury industry which returned 65.8% over the past year.
Return vs Market: SFL exceeded the Italian Market which returned 36.4% over the past year.
Stable Share Price: SFL is more volatile than 90% of Italian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: SFL's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Italian stocks.
About the Company
Safilo Group S.p.A. engages in the design, production, retail distribution, and wholesale of products for the eyewear market in North America, Europe, the Asia Pacific, and internationally. The company operates through Wholesale and Retail segments. Its brand portfolio comprises a set of own branded products, such as optical frames, sunglasses, sports goggles, and helmets, as well as licensed brands comprising prescription frames and sunglasses.
Safilo Group Fundamentals Summary
|SFL fundamental statistics|
Is SFL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SFL income statement (TTM)|
|Cost of Revenue||€467.11m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 09, 2021
|Earnings per share (EPS)||0.027|
|Net Profit Margin||0.77%|
How did SFL perform over the long term?See historical performance and comparison
Is Safilo Group 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: SFL (€1.5) is trading below our estimate of fair value (€2.34)
Significantly Below Fair Value: SFL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SFL is poor value based on its PE Ratio (56.5x) compared to the Italian Luxury industry average (35.1x).
PE vs Market: SFL is poor value based on its PE Ratio (56.5x) compared to the Italian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: SFL is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: SFL is overvalued based on its PB Ratio (2.6x) compared to the IT Luxury industry average (1.7x).
How is Safilo Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SFL's forecast earnings growth (78.3% per year) is above the savings rate (1.8%).
Earnings vs Market: SFL's earnings (78.3% per year) are forecast to grow faster than the Italian market (11.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SFL's revenue (3.8% per year) is forecast to grow faster than the Italian market (2.1% per year).
High Growth Revenue: SFL's revenue (3.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SFL's Return on Equity is forecast to be low in 3 years time (12.3%).
How has Safilo Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SFL has a large one-off loss of €26.0M impacting its June 30 2021 financial results.
Growing Profit Margin: SFL became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: SFL has become profitable over the past 5 years, growing earnings by 7.4% per year.
Accelerating Growth: SFL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SFL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Luxury industry (48.8%).
Return on Equity
High ROE: SFL's Return on Equity (3.5%) is considered low.
How is Safilo Group's financial position?
Financial Position Analysis
Short Term Liabilities: SFL's short term assets (€563.1M) exceed its short term liabilities (€340.2M).
Long Term Liabilities: SFL's short term assets (€563.1M) exceed its long term liabilities (€397.8M).
Debt to Equity History and Analysis
Debt Level: SFL's debt to equity ratio (128.3%) is considered high.
Reducing Debt: SFL's debt to equity ratio has increased from 16.7% to 128.3% over the past 5 years.
Debt Coverage: SFL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SFL's interest payments on its debt are not well covered by EBIT (2.6x coverage).
What is Safilo Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SFL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SFL'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 SFL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SFL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SFL's dividend in 3 years as they are not forecast to pay a notable one for the Italian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Angelo Trocchia (58 yo)
Mr. Angelo Trocchia has been Chief Executive Officer and Director of Safilo Group SpA since April 24, 2018. He served as the Chairman and Chief Executive Officer of Unilever Italia srl. After an MBA at the...
Experienced Management: SFL's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.
Experienced Board: SFL's board of directors are considered experienced (3.5 years average tenure).
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 not been meaningfully diluted in the past year.
Safilo Group S.p.A.'s employee growth, exchange listings and data sources
- Name: Safilo Group S.p.A.
- Ticker: SFL
- Exchange: BIT
- Founded: 1878
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: €414.659m
- Shares outstanding: 275.70m
- Website: https://www.safilogroup.com
Number of Employees
- Safilo Group S.p.A.
- Settima Strada 15
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 17:59|
|End of Day Share Price||2021/10/25 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.