BIT:ZUC

Stock Analysis Report

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Executive Summary

Vincenzo Zucchi S.p.A. produces and sells household linen products in Italy and France.


Snowflake Analysis

Good value with imperfect balance sheet.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ZUC's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

5.7%

ZUC

9.2%

IT Luxury

5.2%

IT Market


1 Year Return

-30.9%

ZUC

-13.9%

IT Luxury

-11.0%

IT Market

Return vs Industry: ZUC underperformed the Italian Luxury industry which returned -15.5% over the past year.

Return vs Market: ZUC underperformed the Italian Market which returned -10.7% over the past year.


Shareholder returns

ZUCIndustryMarket
7 Day5.7%9.2%5.2%
30 Day-3.7%-1.3%1.8%
90 Day-18.2%-9.6%-16.0%
1 Year-30.9%-30.9%-13.9%-13.9%-8.7%-11.0%
3 Year-55.6%-55.6%-14.5%-20.1%-10.1%-18.2%
5 Year-73.1%-73.1%-13.9%-24.5%-14.4%-43.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ZUC (€1.3) is trading below our estimate of fair value (€3.43)

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


Price To Earnings Ratio

PE vs Industry: ZUC is good value based on its PE Ratio (16x) compared to the Luxury industry average (20.7x).

PE vs Market: ZUC is good value based on its PE Ratio (16x) compared to the Italian market (16.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ZUC has negative assets, so we can't compare its PB Ratio to the IT Luxury industry average.


Next Steps

Future Growth

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

21.5%

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 Vincenzo Zucchi 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.


Next Steps

Past Performance

How has Vincenzo Zucchi performed over the past 5 years?

57.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ZUC has a large one-off loss of €4.3M impacting its September 30 2019 financial results.

Growing Profit Margin: ZUC's current net profit margins (3.3%) are lower than last year (4.2%).


Past Earnings Growth Analysis

Earnings Trend: ZUC has become profitable over the past 5 years, growing earnings by 57.5% per year.

Accelerating Growth: ZUC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ZUC had negative earnings growth (-34.4%) over the past year, making it difficult to compare to the Luxury industry average (5.8%).


Return on Equity

High ROE: ZUC's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Vincenzo Zucchi's financial position?


Financial Position Analysis

Short Term Liabilities: ZUC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: ZUC has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: ZUC has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: ZUC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: ZUC's debt is well covered by operating cash flow (20.3%).

Interest Coverage: ZUC earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if ZUC'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 ZUC'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

Joel Benillouche

no data

Tenure

Joel David Benillouche serves as Chairman and CEO of Vincenzo Zucchi 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

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


Key Information

  • Name: Vincenzo Zucchi S.p.A.
  • Ticker: ZUC
  • Exchange: BIT
  • Founded: 1920
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: €33.367m
  • Shares outstanding: 25.33m
  • Website: https://www.zucchibassetti.com

Location

  • Vincenzo Zucchi S.p.A.
  • Via Legnano, 24
  • Rescaldina
  • Milan
  • 20027
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ZUCBIT (Borsa Italiana)YesOrdinary SharesITEURJan 1992
ZUCMBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJan 1992
0DFFLSE (London Stock Exchange)YesOrdinary SharesGBEURJan 1992

Biography

Vincenzo Zucchi S.p.A. produces and sells household linen products in Italy and France. The company offers bedroom products, including sheets, duvet covers, duvet cover sets, fitted sheets, flat sheets, pillowcases, quilts, quilted bedspreads, sheet sets, and synthetic duvets; bathroom products, such as bath towels, bathrobes, bathroom rugs, and beach towels; living room products comprising blankets, decorative pillows and throws, pillow covers, and sofa covers; and kitchen products consisting of aprons, kitchen towels, loose napkins, oven mitts, placemats, pot holders, and runners. The company was founded in 1920 and is headquartered in Rescaldina, Italy. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/29 21:01
End of Day Share Price2020/05/29 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.