Executive Summary
Poste Italiane SpA provides postal, logistics, and financial and insurance products and services in Italy. More Details
Rewards
Risk Analysis
Snowflake Analysis
Average dividend payer and fair value.
Similar Companies
Share Price & News
How has Poste Italiane's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PST is less volatile than 75% of Italian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: PST's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
0.5%
PST
1.7%
IT Insurance
1.4%
IT Market
1 Year Return
49.3%
PST
35.4%
IT Insurance
35.8%
IT Market
Return vs Industry: PST exceeded the Italian Insurance industry which returned 31.3% over the past year.
Return vs Market: PST exceeded the Italian Market which returned 32.8% over the past year.
Shareholder returns
| PST | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.5% | 1.7% | 1.4% |
| 30 Day | 0.5% | 0.6% | 0.06% |
| 90 Day | 21.7% | 14.3% | 7.7% |
| 1 Year | 58.0%49.3% | 41.8%35.4% | 39.6%35.8% |
| 3 Year | 61.2%35.3% | 31.0%12.1% | 6.1%-4.1% |
| 5 Year | 121.6%66.2% | 85.9%41.8% | 25.5%1.4% |
Long-Term Price Volatility Vs. Market
How volatile is Poste Italiane's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Is Poste Italiane SpA (BIT:PST) A Good Fit For Your Dividend Portfolio?1 month ago | Simply Wall St
Did You Participate In Any Of Poste Italiane's (BIT:PST) Fantastic 131% Return ?1 month ago | Simply Wall St
How Did Poste Italiane SpA's (BIT:PST) 10% ROE Fare Against The Industry?Valuation
Is Poste Italiane undervalued compared to its fair value and its price relative to the market?
23.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PST (€10.97) is trading below our estimate of fair value (€14.26)
Significantly Below Fair Value: PST is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PST is poor value based on its PE Ratio (11.8x) compared to the IT Insurance industry average (10.3x).
PE vs Market: PST is good value based on its PE Ratio (11.8x) compared to the Italian market (21.7x).
Price to Earnings Growth Ratio
PEG Ratio: PST is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: PST is overvalued based on its PB Ratio (1.2x) compared to the IT Insurance industry average (0.9x).
Future Growth
How is Poste Italiane forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
6.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PST's forecast earnings growth (6.5% per year) is above the savings rate (1.8%).
Earnings vs Market: PST's earnings (6.5% per year) are forecast to grow slower than the Italian market (18.9% per year).
High Growth Earnings: PST's earnings are forecast to grow, but not significantly.
Revenue vs Market: PST's revenue is expected to decline over the next 3 years (-31% per year).
High Growth Revenue: PST's revenue is forecast to decline over the next 3 years (-31% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PST's Return on Equity is forecast to be low in 3 years time (11.8%).
Past Performance
How has Poste Italiane performed over the past 5 years?
18.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PST has a large one-off loss of €651.0M impacting its December 31 2020 financial results.
Growing Profit Margin: PST's current net profit margins (4%) are lower than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: PST's earnings have grown by 18.7% per year over the past 5 years.
Accelerating Growth: PST's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PST had negative earnings growth (-10%) over the past year, making it difficult to compare to the Insurance industry average (-4.1%).
Return on Equity
High ROE: PST's Return on Equity (10.5%) is considered low.
Financial Health
How is Poste Italiane's financial position?
Financial Position Analysis
Short Term Liabilities: PST's short term assets (€44.7B) do not cover its short term liabilities (€84.2B).
Long Term Liabilities: PST's short term assets (€44.7B) do not cover its long term liabilities (€176.6B).
Debt to Equity History and Analysis
Debt Level: PST's debt to equity ratio (842.5%) is considered high.
Reducing Debt: PST's debt to equity ratio has increased from 595.5% to 842.5% over the past 5 years.
Debt Coverage: PST's debt is not well covered by operating cash flow (2%).
Interest Coverage: PST's interest payments on its debt are well covered by EBIT (113.9x coverage).
Balance Sheet
Dividend
What is Poste Italiane current dividend yield, its reliability and sustainability?
4.43%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: PST's dividend (4.43%) is higher than the bottom 25% of dividend payers in the Italian market (1.33%).
High Dividend: PST's dividend (4.43%) is in the top 25% of dividend payers in the Italian market (3.91%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, PST has been paying a dividend for less than 10 years.
Growing Dividend: PST's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (52.4%), PST's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PST's dividends in 3 years are forecast to be covered by earnings (55.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.3yrs
Average management tenure
CEO
Matteo Del Fante (53 yo)
4.08yrs
Tenure
Dr. Matteo Del Fante has been Chief Executive Officer, General Manager and Director at Poste Italiane SpA since April 27, 2017. He has been Chief Executive Officer, Managing Director and Director at Poste ...
Leadership Team
Experienced Management: PST's management team is seasoned and experienced (6.3 years average tenure).
Board Members
Experienced Board: PST's board of directors are considered experienced (3 years average tenure).
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
Poste Italiane SpA's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Poste Italiane SpA
- Ticker: PST
- Exchange: BIT
- Founded: 1862
- Industry: Life and Health Insurance
- Sector: Insurance
- Market Cap: €14.010b
- Shares outstanding: 1.30b
- Website: https://www.posteitaliane.it
Number of Employees
Location
- Poste Italiane SpA
- Viale Europa, 190
- Rome
- Rome
- 144
- Italy
Listings
Biography
Poste Italiane SpA provides postal, logistics, and financial and insurance products and services in Italy. It operates in four segments: Mail, Parcels and Distribution; Payments, Mobile and Digital; Financ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/05 18:36 |
| End of Day Share Price | 2021/05/05 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.