BIT:ENV

Stock Analysis Report

Executive Summary

Enervit S.p.A. engages in the research, development, production, marketing, and export of sports food supplements and functional nutrition products in Italy.

Snowflake

Fundamentals

Adequate balance sheet and slightly overvalued.

Risks

  • Enervit is covered by less than 3 analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-2.0%

BIT:ENV

-1.6%

IT Personal Products

1.0%

IT Market


1 Year Return

-4.5%

BIT:ENV

20.1%

IT Personal Products

2.1%

IT Market

ENV underperformed the Personal Products industry which returned 20.1% over the past year.

ENV underperformed the Market in Italy which returned 2.1% over the past year.


Share holder returns

ENVIndustryMarket
7 Day-2.0%-1.6%1.0%
30 Day1.4%3.3%7.0%
90 Day-12.9%3.4%4.5%
1 Year-1.3%-4.5%23.2%20.1%6.5%2.1%
3 Year34.2%23.8%49.6%39.4%33.0%14.9%
5 Year-24.8%-32.2%101.8%79.7%12.6%-31.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Enervit undervalued based on future cash flows and its price relative to the stock market?

21.16x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Enervit's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Enervit's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Enervit is good value based on earnings compared to the Europe Personal Products industry average.

Enervit is overvalued based on earnings compared to the Italy market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Enervit, we can't assess if its growth is good value.


Price Based on Value of Assets

Enervit is good value based on assets compared to the IT Personal Products industry average.


Next Steps

Future Growth

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

7.3%

Forecasted annual revenue growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Enervit's revenue is expected to grow by 7.3% yearly, however this is not considered high growth (20% yearly).

Enervit's earnings are expected to grow by 1.6% yearly, however this is not considered high growth (20% yearly).

Enervit's revenue growth is expected to exceed the Italy market average.

Enervit's earnings growth is positive but not above the Italy market average.

Enervit's earnings growth is positive but not above the low risk savings rate of 2.9%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Enervit will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Enervit performed over the past 5 years?

16.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Enervit's year on year earnings growth rate has been positive over the past 5 years.

Enervit's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Enervit's 1-year earnings growth is negative, it can't be compared to the Europe Personal Products industry average.


Return on Equity

Enervit has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Enervit used its assets less efficiently than the Europe Personal Products industry average last year based on Return on Assets.


Return on Capital Employed

Enervit's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Enervit's financial position?


Financial Position Analysis

Enervit is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Enervit's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Enervit's level of debt (32.9%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has increased over the past 5 years (5.6% vs 32.9% today).

Debt is not well covered by operating cash flow (17%, less than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 20.8x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 3.8x debt.


Next Steps

Dividend

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

3.72%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Enervit's pays a higher dividend yield than the bottom 25% of dividend payers in Italy (2.02%).

Enervit's dividend is below the markets top 25% of dividend payers in Italy (4.31%).

Enervit has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).

Dividend payments have increased, but Enervit only paid a dividend in the past 9 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.3x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Enervit's salary, the management and board of directors tenure and is there insider trading?

€320k

CEO Compensation


CEO

Alberto Sorbini (62yo)

0yrs

Tenure

€320,000

Compensation

Mr. Alberto Sorbini has been the Chairman of Enervit S.p.A. since 2007 and also serves as its Chief Executive Officer. Mr. Sorbini served as Managing Director of Enervit SpA since 1992. Mr. Sorbini serves  ...


CEO Compensation Analysis

Alberto's remuneration is higher than average for companies of similar size in Italy.

Alberto's compensation has been consistent with company performance over the past year, both up more than 20%.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Giuseppe Sorbini (64yo)

    CEO & Executive Director

    • Tenure: 0yrs
    • Compensation: €320.00k
  • Maurizia Sorbini (65yo)

    Executive Director

    • Tenure: 0yrs
    • Compensation: €40.50k
  • Alberto Sorbini (62yo)

    Chairman & CEO

    • Tenure: 0yrs
    • Compensation: €320.00k
  • Giuseppe Raciti

    Financial Reporting Officer

    • Tenure: 0yrs

Board Members

  • Maurizio Cereda (55yo)

    Independent Director

    • Tenure: 12.7yrs
  • Ciro Cornelli (60yo)

    Independent Director

    • Tenure: 0yrs
    • Compensation: €25.00k
  • Giuseppe Sorbini (64yo)

    CEO & Executive Director

    • Tenure: 0yrs
    • Compensation: €320.00k
  • Maurizia Sorbini (65yo)

    Executive Director

    • Tenure: 0yrs
    • Compensation: €40.50k
  • Alberto Sorbini (62yo)

    Chairman & CEO

    • Tenure: 0yrs
    • Compensation: €320.00k
  • Carlo Capelli (57yo)

    Director

    • Tenure: 0yrs
    • Compensation: €25.00k
  • Stefano Baldini

    Director

    • Tenure: 0yrs
    • Compensation: €25.00k
  • Claudia Costanza

    Chairman of the Board of Statutory Auditors

    • Tenure: 0yrs
    • Compensation: €25.00k
  • Erica Alessandri

    Director

    • Tenure: 0yrs
  • Chiara Dorigotti

    Independent Director

    • Tenure: 0yrs

Company Information

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


Key Information

  • Name: Enervit S.p.A.
  • Ticker: ENV
  • Exchange: BIT
  • Founded: 1954
  • Industry: Personal Products
  • Sector: Household
  • Market Cap: €52.688m
  • Shares outstanding: 17.80m
  • Website: https://www.enervit.it

Location

  • Enervit S.p.A.
  • Viale Achille Papa, 30
  • Milan
  • Milan
  • 20149
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ENVBIT (Borsa Italiana)YesCommon SharesITEURApr 2009
ENVMBATS-CHIXE (BATS 'Chi-X Europe')YesCommon SharesGBEURApr 2009

Biography

Enervit S.p.A. engages in the research, development, production, marketing, and export of sports food supplements and functional nutrition products in Italy. The company offers Enervit Sport, a line of foo ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/16 21:03
End of Day Share Price2019/09/16 00:00
Earnings2019/06/30
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.