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UNIR

UnieuroBIT:UNIR Stock Report

Market Cap

€400.8m

7D

-3.2%

1Y

64.7%

Updated

24 Oct, 2021

Data

Company Financials +
UNIR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance6/6
Financial Health3/6
Dividends3/6

UNIR Overview

Unieuro S.p.A. operates a chain of consumer electronics and appliance stores in Italy.

Unieuro Competitors

B&S Group

ENXTAM:BSGR

€670.9m

ePRICE

BIT:EPR

€13.6m

Price History & Performance

Summary of all time highs, changes and price drops for Unieuro
Historical stock prices
Current Share Price€19.37
52 Week High€10.02
52 Week Low€31.36
Beta1.9
1 Month Change-3.82%
3 Month Change-17.72%
1 Year Change64.71%
3 Year Change86.25%
5 Year Changen/a
Change since IPO68.44%

Recent News & Updates

Jul 20
Is Now An Opportune Moment To Examine Unieuro S.p.A. (BIT:UNIR)?

Is Now An Opportune Moment To Examine Unieuro S.p.A. (BIT:UNIR)?

While Unieuro S.p.A. ( BIT:UNIR ) might not be the most widely known stock at the moment, it received a lot of...

Jun 01
Returns At Unieuro (BIT:UNIR) Appear To Be Weighed Down

Returns At Unieuro (BIT:UNIR) Appear To Be Weighed Down

To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...

Shareholder Returns

UNIRIT Specialty RetailIT Market
7D-3.2%-0.4%0.5%
1Y64.7%21.4%36.4%

Return vs Industry: UNIR exceeded the Italian Specialty Retail industry which returned 21.4% over the past year.

Return vs Market: UNIR exceeded the Italian Market which returned 36.4% over the past year.

Price Volatility

Is UNIR's price volatile compared to industry and market?
UNIR volatility
UNIR Beta1.9
Industry Beta1.2
Market Beta1

Stable Share Price: UNIR is not significantly more volatile than the rest of Italian stocks over the past 3 months, typically moving +/- 5% a week.

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

About the Company

FoundedEmployeesCEOWebsite
n/a4,715Giancarlo Monterastellihttps://unieurospa.com

Unieuro S.p.A. operates a chain of consumer electronics and appliance stores in Italy. The company offers telephone systems, computers, photos, large and small appliances, consumer electronics, and media storage products; and other products, including consoles, video games, and bicycles, as well as ancillary services, such as delivery and installation, extended warranties, and consumer financing services. It is also involved in the online distribution of electric appliances and consumer electronics.

Unieuro Fundamentals Summary

How do Unieuro's earnings and revenue compare to its market cap?
UNIR fundamental statistics
Market Cap€400.76m
Earnings (TTM)€69.37m
Revenue (TTM)€2.84b

5.8x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
UNIR income statement (TTM)
Revenue€2.84b
Cost of Revenue€2.40b
Gross Profit€441.04m
Expenses€371.67m
Earnings€69.37m

Last Reported Earnings

May 31, 2021

Next Earnings Date

Nov 11, 2021

Earnings per share (EPS)3.35
Gross Margin15.53%
Net Profit Margin2.44%
Debt/Equity Ratio316.8%

How did UNIR perform over the long term?

See historical performance and comparison

Dividends

13.4%

Current Dividend Yield

97%

Payout Ratio

Valuation

Is Unieuro undervalued compared to its fair value and its price relative to the market?

5.78x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: UNIR (€19.37) is trading above our estimate of fair value (€12.3)

Significantly Below Fair Value: UNIR is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: UNIR is good value based on its PE Ratio (5.8x) compared to the European Specialty Retail industry average (13.9x).

PE vs Market: UNIR is good value based on its PE Ratio (5.8x) compared to the Italian market (19.8x).


Price to Earnings Growth Ratio

PEG Ratio: UNIR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: UNIR is overvalued based on its PB Ratio (2.5x) compared to the XE Specialty Retail industry average (2.2x).


Future Growth

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

-7.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UNIR's earnings are forecast to decline over the next 3 years (-7.2% per year).

Earnings vs Market: UNIR's earnings are forecast to decline over the next 3 years (-7.2% per year).

High Growth Earnings: UNIR's earnings are forecast to decline over the next 3 years.

Revenue vs Market: UNIR's revenue (1.3% per year) is forecast to grow slower than the Italian market (2.1% per year).

High Growth Revenue: UNIR's revenue (1.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: UNIR's Return on Equity is forecast to be high in 3 years time (29.8%)


Past Performance

How has Unieuro performed over the past 5 years?

43.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UNIR has high quality earnings.

Growing Profit Margin: UNIR's current net profit margins (2.4%) are higher than last year (0.9%).


Past Earnings Growth Analysis

Earnings Trend: UNIR's earnings have grown significantly by 43.8% per year over the past 5 years.

Accelerating Growth: UNIR's earnings growth over the past year (208.2%) exceeds its 5-year average (43.8% per year).

Earnings vs Industry: UNIR earnings growth over the past year (208.2%) exceeded the Specialty Retail industry 49.7%.


Return on Equity

High ROE: UNIR's Return on Equity (43.8%) is considered outstanding.


Financial Health

How is Unieuro's financial position?


Financial Position Analysis

Short Term Liabilities: UNIR's short term assets (€795.1M) do not cover its short term liabilities (€963.5M).

Long Term Liabilities: UNIR's short term assets (€795.1M) exceed its long term liabilities (€467.2M).


Debt to Equity History and Analysis

Debt Level: UNIR's debt to equity ratio (316.8%) is considered high.

Reducing Debt: UNIR's debt to equity ratio has increased from 83.5% to 316.8% over the past 5 years.

Debt Coverage: UNIR's debt is well covered by operating cash flow (43.5%).

Interest Coverage: UNIR's interest payments on its debt are well covered by EBIT (60.6x coverage).


Balance Sheet


Dividend

What is Unieuro current dividend yield, its reliability and sustainability?

13.42%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: UNIR's dividend (13.42%) is higher than the bottom 25% of dividend payers in the Italian market (1.02%).

High Dividend: UNIR's dividend (13.42%) is in the top 25% of dividend payers in the Italian market (3.43%)


Stability and Growth of Payments

Stable Dividend: UNIR has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: UNIR's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (97.2%), UNIR's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: UNIR's dividends in 3 years are forecast to be well covered by earnings (47.9% payout ratio).


Next Steps

Management

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

1.0yrs

Average management tenure


CEO

Giancarlo Monterastelli (62 yo)

4.83yrs

Tenure

Mr. Giancarlo Nicosanti Monterastelli has been the Chief Executive Officer, Managing Director and Director at Unieuro S.p.A. since December 12, 2016 and served as its Chief Commercial Officer. Mr. Monteras...


Leadership Team

Experienced Management: UNIR's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

Experienced Board: UNIR's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


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 diluted in the past year, with total shares outstanding growing by 3.4%.


Top Shareholders

Company Information

Unieuro S.p.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Unieuro S.p.A.
  • Ticker: UNIR
  • Exchange: BIT
  • Founded: NaN
  • Industry: Computer and Electronics Retail
  • Sector: Retail
  • Market Cap: €400.763m
  • Shares outstanding: 20.69m
  • Website: https://unieurospa.com

Number of Employees


Location

  • Unieuro S.p.A.
  • Palazzo Hercolani
  • Via Piero Maroncelli, 10
  • Forlì
  • Forlì
  • 47121
  • Italy

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/24 17:58
End of Day Share Price2021/10/22 00:00
Earnings2021/05/31
Annual Earnings2021/02/28


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.