BIT:FUM

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Franchi Umberto Marmi

Executive Summary

Franchi Umberto Marmi SPA engages in the extraction and supply of marbles. More Details


Snowflake Analysis

Excellent balance sheet and good value.

Share Price & News

How has Franchi Umberto Marmi's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FUM is not significantly more volatile than the rest of Italian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: Insufficient data to determine FUM's volatility change over the past year.


Market Performance


7 Day Return

-4.0%

FUM

-2.0%

IT Basic Materials

-2.2%

IT Market


1 Year Return

n/a

FUM

0.4%

IT Basic Materials

-11.1%

IT Market

Return vs Industry: Insufficient data to determine how FUM performed against the Italian Basic Materials industry.

Return vs Market: Insufficient data to determine how FUM performed against the Italian Market.


Shareholder returns

FUMIndustryMarket
7 Day-4.0%-2.0%-2.2%
30 Day0.6%7.5%0.5%
90 Day8.3%16.9%13.3%
1 Yearn/a3.8%0.4%-8.3%-11.1%
3 Yearn/a-0.4%-9.4%-3.9%-14.0%
5 Yearn/a41.7%22.6%25.4%-9.3%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Franchi Umberto Marmi undervalued compared to its fair value and its price relative to the market?

35.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FUM (€8.5) is trading below our estimate of fair value (€13.17)

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


Price To Earnings Ratio

PE vs Industry: FUM is good value based on its PE Ratio (14.8x) compared to the XE Basic Materials industry average (16.2x).

PE vs Market: FUM is good value based on its PE Ratio (14.8x) compared to the Italian market (20.2x).


Price to Earnings Growth Ratio

PEG Ratio: FUM is poor value based on its PEG Ratio (1.7x)


Price to Book Ratio

PB vs Industry: FUM is overvalued based on its PB Ratio (3.9x) compared to the XE Basic Materials industry average (1.2x).


Next Steps

Future Growth

How is Franchi Umberto Marmi forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

8.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FUM's forecast earnings growth (8.8% per year) is above the savings rate (1.9%).

Earnings vs Market: FUM's earnings (8.8% per year) are forecast to grow slower than the Italian market (21.6% per year).

High Growth Earnings: FUM's earnings are forecast to grow, but not significantly.

Revenue vs Market: FUM's revenue (6.9% per year) is forecast to grow faster than the Italian market (3.2% per year).

High Growth Revenue: FUM's revenue (6.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FUM's Return on Equity is forecast to be high in 3 years time (23.3%)


Next Steps

Past Performance

How has Franchi Umberto Marmi performed over the past 5 years?

-14.8%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: FUM has a high level of non-cash earnings.

Growing Profit Margin: FUM's current net profit margins (27%) are lower than last year (33.5%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if FUM's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: FUM had negative earnings growth (-14.8%) over the past year, making it difficult to compare to the Basic Materials industry average (-7.8%).


Return on Equity

High ROE: FUM's Return on Equity (26.4%) is considered high.


Next Steps

Financial Health

How is Franchi Umberto Marmi's financial position?


Financial Position Analysis

Short Term Liabilities: FUM's short term assets (€56.0M) exceed its short term liabilities (€9.0M).

Long Term Liabilities: FUM's short term assets (€56.0M) exceed its long term liabilities (€2.6M).


Debt to Equity History and Analysis

Debt Level: FUM's debt to equity ratio (2.5%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if FUM's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: FUM's debt is well covered by operating cash flow (501.6%).

Interest Coverage: FUM's interest payments on its debt are well covered by EBIT (443.2x coverage).


Balance Sheet


Next Steps

Dividend

What is Franchi Umberto Marmi current dividend yield, its reliability and sustainability?

3.55%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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

Alberto Franchi (52 yo)

31yrs

Tenure

Mr. Alberto Franchi is Chairman and Chief Executive Officer at Franchi Umberto Marmi S.p.A. since 1990. After completing his school studies, from 1987 to 1988 he was an intern at Cava Murlungo Marmi Srl. I...


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: FUM only recently listed within the past 12 months.


Top Shareholders

Company Information

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


Key Information

  • Name: Franchi Umberto Marmi S.p.A.
  • Ticker: FUM
  • Exchange: BIT
  • Founded: 1971
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: €252.935m
  • Shares outstanding: 29.76m
  • Website: https://www.franchigroup.it

Number of Employees


Location

  • Franchi Umberto Marmi S.p.A.
  • via del bravo n 14 - 16
  • Carrara
  • Massa Carrara
  • 54033
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FUMBIT (Borsa Italiana)YesCommon StockITEUROct 2020

Biography

Franchi Umberto Marmi SPA engages in the extraction and supply of marbles. The company was founded in 1971 and is based in Carrara, Italy.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/16 19:40
End of Day Share Price2021/01/15 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.