Compagnia dei Caraibi (BIT:1TIME) - Share price, News & Analysis

Q: What is the Fair Price of 1TIME when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

1TIME (€4.67) is trading below our estimate of [[fair value]] (€8.98)

1TIME fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	4/6
Past Performance	2/6
Financial Health	5/6
Dividends	0/6

1TIME Stock Overview

Compagnia Dei Caraibi Srl imports and distributes spirits, wines, and soft drinks in Italy.

Rewards

Trading at 48% below our estimate of its fair value

Earnings are forecast to grow 25.04% per year

Earnings grew by 142.2% over the past year

Risk Analysis

High level of non-cash earnings

Less than 3 years of financial data is available

Does not have a meaningful market cap (€59M)

Compagnia dei Caraibi Competitors

Promotica

BIT:PMT

€47.6m

Acquazzurra

BIT:ACQ

€30.0m

Nice Footwear

BIT:NFT

€23.0m

Unieuro

BIT:UNIR

€235.2m

Price History & Performance

Summary of all time highs, changes and price drops for Compagnia dei Caraibi
Historical stock prices
Current Share Price	€4.67
52 Week High	€4.89
52 Week Low	€3.74
Beta	0
1 Month Change	7.60%
3 Month Change	11.72%
1 Year Change	13.49%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	8.61%

Recent News & Updates

Apr 21

Compagnia dei Caraibi's (BIT:1TIME) Solid Profits Have Weak Fundamentals

Compagnia dei Caraibi S.p.A. ( BIT:1TIME ) announced strong profits, but the stock was stagnant. Our analysis suggests...

Shareholder Returns

	1TIME	IT Retail Distributors	IT Market
7D	2.4%	-0.09%	0.5%
1Y	13.5%	1.0%	-15.3%

Return vs Industry: 1TIME exceeded the Italian Retail Distributors industry which returned 1% over the past year.

Return vs Market: 1TIME exceeded the Italian Market which returned -15.3% over the past year.

Price Volatility

Is 1TIME's price volatile compared to industry and market?
1TIME volatility
1TIME Average Weekly Movement	2.9%
Retail Distributors Industry Average Movement	5.4%
Market Average Movement	5.1%
10% most volatile stocks in IT Market	7.8%
10% least volatile stocks in IT Market	3.2%

Stable Share Price: 1TIME is less volatile than 75% of Italian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 1TIME's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1995	49	Iguana Baracco	https://www.compagniadeicaraibi.com

Compagnia Dei Caraibi Srl imports and distributes spirits, wines, and soft drinks in Italy. Its products portfolio includes rum, gin, vodka, whiskey, tequila, sodas, waters, and champagne. The company was founded in 1995 and is headquartered in Colleretto Giacosa, Italy.

Compagnia dei Caraibi Fundamentals Summary

How do Compagnia dei Caraibi's earnings and revenue compare to its market cap?
1TIME fundamental statistics
Market Cap	€59.21m
Earnings (TTM)	€2.38m
Revenue (TTM)	€37.65m

24.9x

P/E Ratio

1.6x

P/S Ratio

Is 1TIME overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
1TIME income statement (TTM)
Revenue	€37.65m
Cost of Revenue	€23.84m
Gross Profit	€13.81m
Other Expenses	€11.43m
Earnings	€2.38m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	0.19
Gross Margin	36.67%
Net Profit Margin	6.31%
Debt/Equity Ratio	39.0%

How did 1TIME perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

n/a

Payout Ratio

We’ve recently updated our valuation analysis.

Valuation

Is 1TIME undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1TIME?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for 1TIME. This is calculated by dividing 1TIME's market cap by their current preferred multiple.
What is 1TIME's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	€59.21m

1TIME key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	1.4x
Enterprise Value/EBITDA	11.9x
PEG Ratio	1x

Price to Earnings Ratio vs Peers

How does 1TIME's PE Ratio compare to its peers?

1TIME PE Ratio vs Peers

The above table shows the PE ratio for 1TIME vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PE	Estimated Growth	Market Cap
Peer Average	39.7x
PMT Promotica	34.4x	n/a	€47.6m
ACQ Acquazzurra	92.9x	30.9%	€30.0m
NFT Nice Footwear	26.1x	31.4%	€23.0m
UNIR Unieuro	5.3x	-6.8%	€235.2m
1TIME Compagnia dei Caraibi	24.9x	25.0%	€59.2m

Price-To-Earnings vs Peers: 1TIME is good value based on its Price-To-Earnings Ratio (24.9x) compared to the peer average (39.7x).

Price to Earnings Ratio vs Industry

How does 1TIME's PE Ratio compare vs other companies in the European Retail Distributors Industry?

Price-To-Earnings vs Industry: 1TIME is expensive based on its Price-To-Earnings Ratio (24.9x) compared to the European Retail Distributors industry average (12.6x)

Price to Earnings Ratio vs Fair Ratio

What is 1TIME's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

1TIME PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	24.9x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 1TIME's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of 1TIME when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1TIME (€4.67) is trading below our estimate of fair value (€8.98)

Significantly Below Fair Value: 1TIME is trading below fair value by more than 20%.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

Discover undervalued companies

Future Growth

How is Compagnia dei Caraibi forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

25.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1TIME's forecast earnings growth (25% per year) is above the savings rate (1.7%).

Earnings vs Market: 1TIME's earnings (25% per year) are forecast to grow faster than the Italian market (8.8% per year).

High Growth Earnings: 1TIME's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 1TIME's revenue (19.5% per year) is forecast to grow faster than the Italian market (-0.3% per year).

High Growth Revenue: 1TIME's revenue (19.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 1TIME's Return on Equity is forecast to be low in 3 years time (19.2%).

Discover growth companies

Past Performance

How has Compagnia dei Caraibi performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

142.2%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: 1TIME has a high level of non-cash earnings.

Growing Profit Margin: 1TIME's current net profit margins (6.3%) are higher than last year (3.9%).

Past Earnings Growth Analysis

Earnings Trend: Unable to establish if 1TIME's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare 1TIME's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.

Earnings vs Industry: 1TIME earnings growth over the past year (142.2%) exceeded the Retail Distributors industry 11.7%.

Return on Equity

High ROE: 1TIME's Return on Equity (12.2%) is considered low.

Discover strong past performing companies

Financial Health

How is Compagnia dei Caraibi's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: 1TIME's short term assets (€30.8M) exceed its short term liabilities (€10.0M).

Long Term Liabilities: 1TIME's short term assets (€30.8M) exceed its long term liabilities (€6.4M).

Debt to Equity History and Analysis

Debt Level: 1TIME has more cash than its total debt.

Reducing Debt: Insufficient data to determine if 1TIME's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 1TIME's debt is well covered by operating cash flow (26.3%).

Interest Coverage: 1TIME's interest payments on its debt are well covered by EBIT (35.2x coverage).

Balance Sheet

Discover healthy companies

Dividend

What is Compagnia dei Caraibi current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage

1.39%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 1TIME's dividend (1.39%) isn’t notable compared to the bottom 25% of dividend payers in the Italian market (1.65%).

High Dividend: 1TIME's dividend (1.39%) is low compared to the top 25% of dividend payers in the Italian market (5.21%).

Stability and Growth of Payments

Stable Dividend: Too early to tell whether 1TIME's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 1TIME's dividend payments are increasing as they only just started paying a dividend.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: 1TIME is paying a dividend but the company has no free cash flows.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

CEO

Iguana Baracco (45 yo)

no data

Tenure

Mr. Edelberto Baracco, also known as Iguana, is CEO, Owner & Chairman of the Board of Compagnia dei Caraibi S.p.A.

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.

Data	Last Updated (UTC time)
Company Analysis	2022/08/07 00:00
End of Day Share Price	2022/08/05 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31