BIT:MAIL

Stock Analysis Report

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Executive Summary

Mailup S.p.A., together with its subsidiaries, engages in the cloud marketing technology business in Italy, other European countries, the Americas, and Asia. More Details


Snowflake Analysis

Reasonable growth potential with adequate balance sheet.


Similar Companies

Share Price & News

How has MailUp's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-1.9%

MAIL

-2.1%

IT Software

-3.7%

IT Market


1 Year Return

24.1%

MAIL

6.1%

IT Software

-15.8%

IT Market

Return vs Industry: MAIL exceeded the Italian Software industry which returned 6.1% over the past year.

Return vs Market: MAIL exceeded the Italian Market which returned -15.8% over the past year.


Shareholder returns

MAILIndustryMarket
7 Day-1.9%-2.1%-3.7%
30 Day-8.9%-7.3%-4.6%
90 Day-3.4%-1.3%-2.3%
1 Year24.1%24.1%6.4%6.1%-13.7%-15.8%
3 Year91.4%91.4%-3.2%-7.1%-14.1%-21.9%
5 Year121.9%121.9%83.6%69.6%-4.5%-26.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

66.33x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MAIL (€5.1) is trading above our estimate of fair value (€2.71)

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


Price To Earnings Ratio

PE vs Industry: MAIL is poor value based on its PE Ratio (66.3x) compared to the IT Software industry average (19.4x).

PE vs Market: MAIL is poor value based on its PE Ratio (66.3x) compared to the Italian market (16.1x).


Price to Earnings Growth Ratio

PEG Ratio: MAIL is poor value based on its PEG Ratio (1.5x)


Price to Book Ratio

PB vs Industry: MAIL is overvalued based on its PB Ratio (4.4x) compared to the IT Software industry average (3.8x).


Next Steps

Future Growth

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

45.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MAIL's forecast earnings growth (45.4% per year) is above the savings rate (2%).

Earnings vs Market: MAIL's earnings (45.4% per year) are forecast to grow faster than the Italian market (23.6% per year).

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

Revenue vs Market: MAIL's revenue (14.6% per year) is forecast to grow faster than the Italian market (3.5% per year).

High Growth Revenue: MAIL's revenue (14.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MAIL's Return on Equity is forecast to be low in 3 years time (12.6%).


Next Steps

  • Explore growth companies in the Software industry.

Past Performance

How has MailUp performed over the past 5 years?

38.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MAIL has high quality earnings.

Growing Profit Margin: MAIL's current net profit margins (1.8%) are lower than last year (2.3%).


Past Earnings Growth Analysis

Earnings Trend: MAIL's earnings have grown significantly by 38.1% per year over the past 5 years.

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

Earnings vs Industry: MAIL had negative earnings growth (-3.6%) over the past year, making it difficult to compare to the Software industry average (27.4%).


Return on Equity

High ROE: MAIL's Return on Equity (6.6%) is considered low.


Next Steps

Financial Health

How is MailUp's financial position?


Financial Position Analysis

Short Term Liabilities: MAIL's short term assets (€24.7M) do not cover its short term liabilities (€26.5M).

Long Term Liabilities: MAIL's short term assets (€24.7M) exceed its long term liabilities (€10.2M).


Debt to Equity History and Analysis

Debt Level: MAIL's debt to equity ratio (16.2%) is considered satisfactory.

Reducing Debt: MAIL's debt to equity ratio has increased from 2.8% to 16.2% over the past 5 years.

Debt Coverage: MAIL's debt is well covered by operating cash flow (216%).

Interest Coverage: MAIL's interest payments on its debt are well covered by EBIT (62.4x coverage).


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

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

2.3yrs

Average management tenure


CEO

Nazzareno Gorni (47 yo)

no data

Tenure

Mr. Nazzareno Gorni serves as the Chief Executive Officer and Executive Director at Mailup SPA. Mr. Gorni began his Professional Career in 1998 at Markab as Web Content Manager. He became a board member at ...


Leadership Team

NamePositionTenureCompensationOwnership
Matteo Monfredini
Chairman of the Board of Directors & CFOno datano data10.73%
€ 8.1m
Nazzareno Gorni
CEO & Executive Directorno datano data10.62%
€ 8.1m
Micaela Capelli
Head of Investor Relations & Executive Director3.33yrsno datano data
Armando Biondi
Chief Growth Officer & Non Executive Director3.33yrsno datano data

2.3yrs

Average Tenure

44.5yo

Average Age

Experienced Management: MAIL's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Matteo Monfredini
Chairman of the Board of Directors & CFOno datano data10.73%
€ 8.1m
Nazzareno Gorni
CEO & Executive Directorno datano data10.62%
€ 8.1m
Micaela Capelli
Head of Investor Relations & Executive Director3.33yrsno datano data
Armando Biondi
Chief Growth Officer & Non Executive Director3.33yrsno datano data
Ignazio Castiglioni
Independent Director2.67yrsno datano data
Manfredini Michele
Chairman of the Board of Auditors no datano datano data
Ferrari Fabrizio
Regular Auditorno datano datano data
Rosaschino Giovanni
Regular Auditorno datano datano data

3.3yrs

Average Tenure

47yo

Average Age

Experienced Board: MAIL's board of directors are considered experienced (3.3 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: MailUp S.p.A.
  • Ticker: MAIL
  • Exchange: BIT
  • Founded: 2002
  • Industry: Application Software
  • Sector: Software
  • Market Cap: €75.874m
  • Shares outstanding: 14.88m
  • Website: https://www.mailupgroup.com

Number of Employees


Location

  • MailUp S.p.A.
  • Via Pola 9
  • Milan
  • Milan
  • 20124
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MAILBIT (Borsa Italiana)YesCommon StockITEURJul 2014
MSPA.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJul 2014

Biography

Mailup S.p.A., together with its subsidiaries, engages in the cloud marketing technology business in Italy, other European countries, the Americas, and Asia. It operates through E-mail Marketing, Mobile Ma ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/27 03:23
End of Day Share Price2020/09/25 00:00
Earnings2020/06/30
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.