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Fiera Milano S.p.A.BIT:FM Stock Report

Market Cap €534.0m
Share Price
€7.62
€7
8.9% overvalued intrinsic discount
1Y40.3%
7D2.4%
Portfolio Value
View

Fiera Milano S.p.A.

BIT:FM Stock Report

Market Cap: €534.0m

Fiera Milano (FM) Stock Overview

Engages in hosting exhibitions, trade fairs, and other events in Italy and internationally. More details

FM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance6/6
Financial Health5/6
Dividends3/6

FM Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

Fiera Milano S.p.A. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Fiera Milano
Historical stock prices
Current Share Price€7.62
52 Week High€8.59
52 Week Low€5.33
Beta0.85
1 Month Change-2.56%
3 Month Change7.93%
1 Year Change40.33%
3 Year Change188.64%
5 Year Change120.87%
Change since IPO1.33%

Recent News & Updates

Recent updates

Analysis Article Nov 16

Revenue Beat: Fiera Milano S.p.A. Exceeded Revenue Forecasts By 5.7% And Analysts Are Updating Their Estimates

Shareholders might have noticed that Fiera Milano S.p.A. ( BIT:FM ) filed its second-quarter result this time last...
Narrative Update Aug 07

International And Digital Events Will Drive Long-Term Momentum

Despite a significant reduction in consensus revenue growth forecasts and a higher future P/E multiple, Fiera Milano’s analyst price target has been notably increased from €6.03 to €7.00. What's in the News Fiera Milano S.p.A. raised full-year 2025 earnings guidance, now expecting revenues between EUR 350 million and EUR 370 million, up from the previous range of EUR 320 million to EUR 340 million.
Analysis Article May 15

Fiera Milano (BIT:FM) Has A Somewhat Strained Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Apr 16

Fiera Milano (BIT:FM) Is Paying Out A Larger Dividend Than Last Year

The board of Fiera Milano S.p.A. ( BIT:FM ) has announced that it will be paying its dividend of €0.20 on the 30th of...
Analysis Article Apr 08

Some May Be Optimistic About Fiera Milano's (BIT:FM) Earnings

Fiera Milano S.p.A.'s ( BIT:FM ) stock was strong despite it releasing a soft earnings report last week. However, we...
Analysis Article Mar 19

Returns On Capital At Fiera Milano (BIT:FM) Paint A Concerning Picture

When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...
User avatar
New Narrative Mar 10

Launching Net Zero Milan And New Events Will Diversify Sectors, But Profit Margins May Shrink

New exhibitions and strategic events planning are set to diversify revenue streams, enhancing growth in decarbonization and entertainment sectors.
Analysis Article Feb 13

Revenues Not Telling The Story For Fiera Milano SpA (BIT:FM) After Shares Rise 33%

Fiera Milano SpA ( BIT:FM ) shareholders have had their patience rewarded with a 33% share price jump in the last...
Analysis Article Feb 13

Here's Why Fiera Milano (BIT:FM) Can Manage Its Debt Responsibly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Oct 19

Returns On Capital Are Showing Encouraging Signs At Fiera Milano (BIT:FM)

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
Analysis Article Jul 23

Fiera Milano SpA's (BIT:FM) Popularity With Investors Is Under Threat From Overpricing

Fiera Milano SpA's ( BIT:FM ) price-to-sales (or "P/S") ratio of 1x may not look like an appealing investment...
Analysis Article Mar 21

The Strong Earnings Posted By Fiera Milano (BIT:FM) Are A Good Indication Of The Strength Of The Business

Fiera Milano SpA ( BIT:FM ) recently posted some strong earnings, and the market responded positively. We did some...
Analysis Article Mar 17

€3.80 - That's What Analysts Think Fiera Milano SpA (BIT:FM) Is Worth After These Results

It's been a good week for Fiera Milano SpA ( BIT:FM ) shareholders, because the company has just released its latest...
Analysis Article Mar 01

Unpleasant Surprises Could Be In Store For Fiera Milano SpA's (BIT:FM) Shares

With a median price-to-sales (or "P/S") ratio of close to 0.9x in the Commercial Services industry in Italy, you could...
Analysis Article Mar 22

We Think Fiera Milano's (BIT:FM) Robust Earnings Are Conservative

Fiera Milano SpA's ( BIT:FM ) stock was strong after they reported robust earnings. We did some analysis and think that...
Analysis Article Aug 02

Analysts Just Slashed Their Fiera Milano SpA (BIT:FM) EPS Numbers

The latest analyst coverage could presage a bad day for Fiera Milano SpA ( BIT:FM ), with the analysts making...
Analysis Article Jun 08

Fiera Milano (BIT:FM) Has Debt But No Earnings; Should You Worry?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article May 12

Newsflash: Fiera Milano SpA (BIT:FM) Analysts Have Been Trimming Their Revenue Forecasts

Market forces rained on the parade of Fiera Milano SpA ( BIT:FM ) shareholders today, when the analysts downgraded...
Analysis Article Mar 24

Are Investors Undervaluing Fiera Milano SpA (BIT:FM) By 46%?

How far off is Fiera Milano SpA ( BIT:FM ) from its intrinsic value? Using the most recent financial data, we'll take a...
Analysis Article Feb 22

Will the Promising Trends At Fiera Milano (BIT:FM) Continue?

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
Analysis Article Feb 02

Does It Make Sense To Buy Fiera Milano SpA (BIT:FM) For Its Yield?

Dividend paying stocks like Fiera Milano SpA ( BIT:FM ) tend to be popular with investors, and for good reason - some...
Analysis Article Jan 11

Fiera Milano (BIT:FM) Shareholders Have Enjoyed A 63% Share Price Gain

Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...
Analysis Article Dec 21

We Think Fiera Milano (BIT:FM) Is Taking Some Risk With Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Nov 30

Could The Fiera Milano SpA (BIT:FM) Ownership Structure Tell Us Something Useful?

Every investor in Fiera Milano SpA (BIT:FM) should be aware of the most powerful shareholder groups. Large companies...

Shareholder Returns

FMIT MediaIT Market
7D2.4%1.1%1.6%
1Y40.3%-0.7%20.1%

Return vs Industry: FM exceeded the Italian Media industry which returned 0.8% over the past year.

Return vs Market: FM exceeded the Italian Market which returned 23.9% over the past year.

Price Volatility

Is FM's price volatile compared to industry and market?
FM volatility
FM Average Weekly Movement5.4%
Media Industry Average Movement4.4%
Market Average Movement5.2%
10% most volatile stocks in IT Market8.1%
10% least volatile stocks in IT Market3.0%

Stable Share Price: FM has not had significant price volatility in the past 3 months compared to the Italian market.

Volatility Over Time: FM's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1920860Francesco Conciwww.fieramilano.it

Fiera Milano S.p.A., together with its subsidiaries, engages in hosting exhibitions, trade fairs, and other events in Italy and internationally. It operates through Italian Exhibitions Business, Foreign Exhibitions Business, Congresses, and Other sectors segments. The company is involved in hosting conferences and training courses; promoting and making available equipped exhibition spaces; staging of exhibitions; and the production of content.

Fiera Milano S.p.A. Fundamentals Summary

How do Fiera Milano's earnings and revenue compare to its market cap?
FM fundamental statistics
Market cap€534.02m
Earnings (TTM)€50.30m
Revenue (TTM)€379.89m
10.7x
P/E Ratio
1.4x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FM income statement (TTM)
Revenue€379.89m
Cost of Revenue€192.02m
Gross Profit€187.87m
Other Expenses€137.57m
Earnings€50.30m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

May 13, 2026

Earnings per share (EPS)0.71
Gross Margin49.45%
Net Profit Margin13.24%
Debt/Equity Ratio10.1%

How did FM perform over the long term?

See historical performance and comparison

Dividends

3.3%
Current Dividend Yield
35%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/08 13:33
End of Day Share Price 2026/05/08 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Fiera Milano S.p.A. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Domenico GhilottiEquita SIM S.p.A.
Emanuele GallazziEquita SIM S.p.A.
Alberto FranceseIntesa Sanpaolo Equity Research