BIT:MAIL

Stock Analysis Report

Executive Summary

MailUp S.p.A., a technological company, engages in marketing technology on the cloud worldwide.

Snowflake

Fundamentals

Excellent balance sheet with reasonable growth potential.


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


Market Performance


7 Day Return

2.8%

MAIL

1.4%

IT Software

0.6%

IT Market


1 Year Return

79.8%

MAIL

32.2%

IT Software

15.3%

IT Market

Return vs Industry: MAIL exceeded the Italian Software industry which returned 32.2% over the past year.

Return vs Market: MAIL exceeded the Italian Market which returned 15.3% over the past year.


Shareholder returns

MAILIndustryMarket
7 Day2.8%1.4%0.6%
30 Day12.1%-2.7%1.0%
90 Day17.2%-1.3%1.0%
1 Year79.8%79.8%34.1%32.2%20.6%15.3%
3 Year141.4%141.4%70.6%61.3%27.0%8.2%
5 Year98.9%98.9%109.7%93.6%21.3%-26.1%

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?

54.81x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MAIL (€4.37) is trading above our estimate of fair value (€3.43)

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 (54.8x) compared to the Software industry average (43.3x).

PE vs Market: MAIL is poor value based on its PE Ratio (54.8x) compared to the Italian market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: MAIL is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: MAIL is overvalued based on its PB Ratio (4x) compared to the IT Software industry average (3.4x).


Next Steps

Future Growth

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

68.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MAIL's forecast earnings growth (68.9% per year) is above the savings rate (2.9%).

Earnings vs Market: MAIL's earnings (68.9% per year) are forecast to grow faster than the Italian market (8.4% per year).

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

Revenue vs Market: MAIL's revenue (19.1% per year) is forecast to grow faster than the Italian market (3% per year).

High Growth Revenue: MAIL's revenue (19.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if MAIL's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has MailUp performed over the past 5 years?

47.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: MAIL's earnings have grown significantly by 47.7% per year over the past 5 years.

Accelerating Growth: MAIL's earnings growth over the past year (32.1%) is below its 5-year average (47.7% per year).

Earnings vs Industry: MAIL earnings growth over the past year (32.1%) exceeded the Software industry 7.3%.


Return on Equity

High ROE: MAIL's Return on Equity (7%) is considered low.


Return on Assets

ROA vs Industry: MAIL's Return on Assets is below or equal to the Software industry average last year.


Return on Capital Employed

ROCE Improving: MAIL has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is MailUp's financial position?


Financial Position Analysis

Short Term Liabilities: MAIL's short term assets (€22.9M) do not cover its short term liabilities (€24.2M)

Long Term Liabilities: MAIL's short term assets (22.9M) exceeds its long term liabilities (8.1M)


Debt to Equity History and Analysis

Debt Level: MAIL's debt to equity ratio (10%) is considered satisfactory

Reducing Debt: MAIL's debt to equity ratio has reduced from 12.7% to 10% over the past 5 years.

Debt Coverage: MAIL's debt is well covered by operating cash flow (89%).

Interest Coverage: MAIL earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

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

Debt Coverage by Assets: MAIL's debt is covered by short term assets (assets are 13.917060x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.1%markettop25%4.4%industryaverage1.4%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

What is the CEO of MailUp's salary, the management and board of directors tenure and is there insider trading?

2.4yrs

Average board tenure


CEO

Nazzareno Gorni (46yo)

0yrs

Tenure

0

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 ...


Board Age and Tenure

2.4yrs

Average Tenure

46yo

Average Age

Experienced Board: MAIL's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Sell€116,59601 Jul 19
Matteo Monfredini
EntityIndividual
Role
Chairman of the Board
Chairman of the Board of Directors & CFO
Shares32,120
Max Price€3.63
Sell€62,58101 Jul 19
Luca Azzali
EntityIndividual
Shares17,240
Max Price€3.63
Sell€51,25601 Jul 19
Alberto Miscia
EntityIndividual
Shares14,120
Max Price€3.63
Sell€117,52128 Jun 19
Nazzareno Gorni
EntityIndividual
Role
Chief Executive Officer
CEO & Executive Director
Shares32,375
Max Price€3.63
Sell€20,42927 Jun 19
Alberto Miscia
EntityIndividual
Shares5,597
Max Price€3.65
Sell€77,95727 Jun 19
Matteo Monfredini
EntityIndividual
Role
Chairman of the Board
Chairman of the Board of Directors & CFO
Shares21,358
Max Price€3.65
Sell€18,66527 Jun 19
Nazzareno Gorni
EntityIndividual
Role
Chief Executive Officer
CEO & Executive Director
Shares5,555
Max Price€3.36
Sell€47,90325 Jun 19
Luca Azzali
EntityIndividual
Shares13,124
Max Price€3.65

Ownership Breakdown


Management Team

  • Armando Biondi (41yo)

    Chief Growth Officer & Non Executive Director

    • Tenure: 2.4yrs
  • Matteo Monfredini (44yo)

    Chairman of the Board of Directors & CFO

    • Tenure: 0yrs
  • Nazzareno Gorni (46yo)

    CEO & Executive Director

    • Tenure: 0yrs
  • Micaela Capelli (43yo)

    Head of Investor Relations & Executive Director

    • Tenure: 2.4yrs

Board Members

  • Ignazio Castiglioni

    Independent Director

    • Tenure: 1.8yrs
  • Armando Biondi (41yo)

    Chief Growth Officer & Non Executive Director

    • Tenure: 2.4yrs
  • Matteo Monfredini (44yo)

    Chairman of the Board of Directors & CFO

    • Tenure: 0yrs
  • Nazzareno Gorni (46yo)

    CEO & Executive Director

    • Tenure: 0yrs
  • Manfredini Michele (58yo)

    Chairman of the Board of Auditors

    • Tenure: 0yrs
  • Ferrari Fabrizio (58yo)

    Regular Auditor

    • Tenure: 0yrs
  • Rosaschino Giovanni (56yo)

    Regular Auditor

    • Tenure: 0yrs
  • Micaela Capelli (43yo)

    Head of Investor Relations & Executive Director

    • Tenure: 2.4yrs

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: €65.287m
  • Shares outstanding: 14.94m
  • Website: https://www.mailupgroup.com

Number of Employees


Location

  • MailUp S.p.A.
  • Viale Francesco Restelli 1
  • Milan
  • Milan
  • 20124
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MAILBIT (Borsa Italiana)YesCommon StockITEURJul 2014

Biography

MailUp S.p.A., a technological company, engages in marketing technology on the cloud worldwide. The company offers MailUp, a digital cloud computing platform for small and medium-sized, and large enterpris ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 21:23
End of Day Share Price2019/10/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.