BIT:ASR

Stock Analysis Report

Executive Summary

A.S. Roma S.P.A. operates a football club in Italy.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has A.S. Roma's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ASR has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.7%

ASR

-5.6%

IT Entertainment

-0.3%

IT Market


1 Year Return

13.3%

ASR

-3.4%

IT Entertainment

15.6%

IT Market

Return vs Industry: ASR exceeded the Italian Entertainment industry which returned -3.4% over the past year.

Return vs Market: ASR underperformed the Italian Market which returned 15.6% over the past year.


Shareholder returns

ASRIndustryMarket
7 Day0.7%-5.6%-0.3%
30 Day-1.3%-4.8%2.9%
90 Day9.9%-11.9%4.5%
1 Year13.3%13.3%3.4%-3.4%20.7%15.6%
3 Year46.3%40.8%124.4%114.5%39.4%25.4%
5 Year18.1%13.6%189.1%168.8%15.8%-23.8%

Price Volatility Vs. Market

How volatile is A.S. Roma's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is A.S. Roma undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether A.S. Roma is trading at an attractive price based on the cash flow it is expected to produce in the future. But as A.S. Roma has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of ASR’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through A.S. Roma regulatory filings.
  • Explore potentially undervalued companies in the Media industry.

Future Growth

How is A.S. Roma forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.5%

Forecasted Media 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 A.S. Roma 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 A.S. Roma performed over the past 5 years?

20.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ASR is currently unprofitable.

Growing Profit Margin: ASR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ASR is unprofitable, but has reduced losses over the past 5 years at a rate of 20.1% per year.

Accelerating Growth: Unable to compare ASR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ASR is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (13.5%).


Return on Equity

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


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is A.S. Roma's financial position?


Financial Position Analysis

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

Long Term Liabilities: ASR 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: ASR has negative shareholder equity, which is a more serious situation than a high debt level.

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


Balance Sheet

Inventory Level: ASR has a low level of unsold assets or inventory.

Debt Coverage by Assets: ASR has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable ASR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: ASR is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -7.1% per year.


Next Steps

Dividend

What is A.S. Roma's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ASR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ASR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ASR'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 ASR'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?

5.3yrs

Average board tenure


CEO

Guido Fienga 0

Guido Fienga serves as Chief Executive Officer at A.S. Roma S.P.A. since 


Board Members

NamePositionTenureCompensationOwnership
Mauro Baldissoni
Executive Vice Chairman & Executive Director8.6yrs€663.00kno data
Richard D'Amore
Non-Executive Director0yrsno datano data
John Galantic
Non-Executive Independent Director5.3yrs€25.00kno data
Charlotte Beers
Independent Director5.3yrs€25.00kno data
James Pallotta
Chairman7.5yrsno datano data
Cameron Neely
Non-Executive Independent Director5.3yrs€25.00kno data
Benedetta Navarra
Non-Executive Independent Director8.3yrs€25.00kno data
Claudia Cattani
Chairman of the Board of Statutory Auditors0yrsno datano data
Gianluca Cambareri
Non-Executive Independent Director5.3yrs€25.00kno data
Mariel Garciaparra
Non-Executive Independent Director5.3yrs€25.00kno data

5.3yrs

Average Tenure

59yo

Average Age

Experienced Board: ASR's board of directors are considered experienced (5.3 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 been substantially diluted in the past year, with total shares outstanding growing by 55.7%.


Top Shareholders

Company Information

A.S. Roma S.P.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: A.S. Roma S.P.A.
  • Ticker: ASR
  • Exchange: BIT
  • Founded: 1927
  • Industry: Movies and Entertainment
  • Sector: Media
  • Market Cap: €385.505m
  • Shares outstanding: 628.88m
  • Website: https://www.asroma.com

Location

  • A.S. Roma S.P.A.
  • Piazzale Dino Viola, 1
  • Rome
  • Rome
  • 128
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ASRBIT (Borsa Italiana)YesCommon StockITEURMay 2000
RO9DB (Deutsche Boerse AG)YesCommon StockDEEURMay 2000
0MT1LSE (London Stock Exchange)YesCommon StockGBEURMay 2000
ASRA.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMay 2000
ASRMBATS-CHIXE (BATS 'Chi-X Europe')YesCommon StockGBEURMay 2000

Biography

A.S. Roma S.P.A. operates a football club in Italy. It also sells football match tickets, and television and image licensing rights. In addition, the company engages in the multi-year rights management of player’s services; and sponsorship and advertising business. The company was founded in 1927 and is headquartered in Rome, Italy. A.S. Roma S.P.A. is a subsidiary of Neep Roma Holding S.P.A. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 20:52
End of Day Share Price2020/02/21 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.