Snowflake Score | |
---|---|
Valuation | 5/6 |
Future Growth | 2/6 |
Past Performance | 5/6 |
Financial Health | 2/6 |
Dividends | 2/6 |
PITE Stock Overview
PITECO S.p.A. engages in the design, development, and implementation of software for treasury, finance, and financial planning management worldwide.
PITECO Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | €11.15 |
52 Week High | €12.20 |
52 Week Low | €7.42 |
Beta | 0.74 |
1 Month Change | 21.73% |
3 Month Change | 21.46% |
1 Year Change | 16.39% |
3 Year Change | 116.51% |
5 Year Change | 114.22% |
Change since IPO | 238.91% |
Recent News & Updates
Shareholder Returns
PITE | IT Software | IT Market | |
---|---|---|---|
7D | 0.4% | -0.9% | 0.6% |
1Y | 16.4% | -6.9% | -15.0% |
Return vs Industry: PITE exceeded the Italian Software industry which returned -6.1% over the past year.
Return vs Market: PITE exceeded the Italian Market which returned -14.9% over the past year.
Price Volatility
PITE volatility | |
---|---|
PITE Average Weekly Movement | 7.1% |
Software Industry Average Movement | 5.2% |
Market Average Movement | 5.1% |
10% most volatile stocks in IT Market | 7.4% |
10% least volatile stocks in IT Market | 3.4% |
Stable Share Price: PITE is more volatile than 75% of Italian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: PITE's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of Italian stocks.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1980 | 174 | Paolo Virenti | https://www.pitecolab.it |
PITECO S.p.A. engages in the design, development, and implementation of software for treasury, finance, and financial planning management worldwide. It offers PITECO EVO5, a platform that provides management services in various areas, including cash and liquidity management, digital payments, financial planning, payment and collection factory, and global treasury management; CBC, a corporate banking communication platform that secures payment orders of the authorization workflows; IDM, an intelligent data matching tool that manages data matching processes; and FM, which supports corporate financial risk management processes. The company also provides consultancy and customer care, software customizing, and application management services.
PITECO Fundamentals Summary
PITE fundamental statistics | |
---|---|
Market Cap | €216.53m |
Earnings (TTM) | €11.87m |
Revenue (TTM) | €38.92m |
18.2x
P/E Ratio5.6x
P/S RatioIs PITE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
PITE income statement (TTM) | |
---|---|
Revenue | €38.92m |
Cost of Revenue | €20.88m |
Gross Profit | €18.03m |
Other Expenses | €6.17m |
Earnings | €11.87m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Sep 28, 2022
Earnings per share (EPS) | 0.61 |
Gross Margin | 46.34% |
Net Profit Margin | 30.49% |
Debt/Equity Ratio | 125.9% |
How did PITE perform over the long term?
See historical performance and comparisonDividends
1.3%
Current Dividend Yield25%
Payout RatioValuation
Is PITE undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for PITE?
Other financial metrics that can be useful for relative valuation.
What is PITE's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | €216.53m |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 7.1x |
Enterprise Value/EBITDA | 20.7x |
PEG Ratio | 8.1x |
Price to Earnings Ratio vs Peers
How does PITE's PE Ratio compare to its peers?
PITE PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 36.7x | ||
CY4 Cy4gate | 42.6x | 32.1% | €221.1m |
DGV Digital Value | 19.5x | 21.1% | €588.2m |
VNT Vantea SMART | 46.6x | 63.0% | €76.4m |
SBB Sababa Security | 38.2x | 37.8% | €21.7m |
PITE PITECO | 18.2x | 2.3% | €216.5m |
Price-To-Earnings vs Peers: PITE is good value based on its Price-To-Earnings Ratio (18.2x) compared to the peer average (36.7x).
Price to Earnings Ratio vs Industry
How does PITE's PE Ratio compare vs other companies in the European Software Industry?
Price-To-Earnings vs Industry: PITE is good value based on its Price-To-Earnings Ratio (18.2x) compared to the Italian Software industry average (38.2x)
Price to Earnings Ratio vs Fair Ratio
What is PITE'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.
Fair Ratio | |
---|---|
Current PE Ratio | 18.2x |
Fair PE Ratio | 24.8x |
Price-To-Earnings vs Fair Ratio: PITE is good value based on its Price-To-Earnings Ratio (18.2x) compared to the estimated Fair Price-To-Earnings Ratio (24.8x).
Share Price vs Fair Value
What is the Fair Price of PITE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: PITE (€11.15) is trading below our estimate of fair value (€14.36)
Significantly Below Fair Value: PITE is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: PITE is poor value based on its PEG Ratio (8.1x)
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Future Growth
How is PITECO forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
2.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PITE's forecast earnings growth (2.3% per year) is above the savings rate (1.7%).
Earnings vs Market: PITE's earnings (2.3% per year) are forecast to grow slower than the Italian market (10.1% per year).
High Growth Earnings: PITE's earnings are forecast to grow, but not significantly.
Revenue vs Market: PITE's revenue (3.9% per year) is forecast to grow faster than the Italian market (0.3% per year).
High Growth Revenue: PITE's revenue (3.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PITE's Return on Equity is forecast to be low in 3 years time (17.2%).
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Past Performance
How has PITECO performed over the past 5 years?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
27.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PITE has high quality earnings.
Growing Profit Margin: PITE's current net profit margins (30.5%) are higher than last year (28.9%).
Past Earnings Growth Analysis
Earnings Trend: PITE's earnings have grown significantly by 27.1% per year over the past 5 years.
Accelerating Growth: PITE's earnings growth over the past year (67.1%) exceeds its 5-year average (27.1% per year).
Earnings vs Industry: PITE earnings growth over the past year (67.1%) exceeded the Software industry 58.8%.
Return on Equity
High ROE: Whilst PITE's Return on Equity (23.34%) is high, this metric is skewed due to their high level of debt.
Discover strong past performing companies
Financial Health
How is PITECO's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: PITE's short term assets (€19.6M) do not cover its short term liabilities (€20.9M).
Long Term Liabilities: PITE's short term assets (€19.6M) do not cover its long term liabilities (€71.9M).
Debt to Equity History and Analysis
Debt Level: PITE's net debt to equity ratio (110.4%) is considered high.
Reducing Debt: PITE's debt to equity ratio has increased from 28.1% to 125.9% over the past 5 years.
Debt Coverage: PITE's debt is well covered by operating cash flow (22.1%).
Interest Coverage: PITE's interest payments on its debt are well covered by EBIT (7x coverage).
Balance Sheet
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Dividend
What is PITECO current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
1.35%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PITE's dividend (1.35%) isn’t notable compared to the bottom 25% of dividend payers in the Italian market (1.7%).
High Dividend: PITE's dividend (1.35%) is low compared to the top 25% of dividend payers in the Italian market (5.11%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, PITE has been paying a dividend for less than 10 years.
Growing Dividend: PITE's dividend payments have increased, but the company has only paid a dividend for 6 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.6%), PITE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.7%), PITE's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
€5k
CEO Compensation
CEO
Paolo Virenti
no data
Tenure
€5,000
Compensation
Mr. Paolo Virenti serves as Chief Executive Officer and Director at PITECO S.p.A.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PITE 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
PITECO S.p.A.'s employee growth, exchange listings and data sources
Key Information
- Name: PITECO S.p.A.
- Ticker: PITE
- Exchange: BIT
- Founded: 1980
- Industry: Systems Software
- Sector: Software
- Implied Market Cap: €216.529m
- Shares outstanding: 19.42m
- Website: https://www.pitecolab.it
Number of Employees
Location
- PITECO S.p.A.
- Via Mercalli, 16
- Milan
- Milan
- 20122
- Italy
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/06/29 00:00 |
End of Day Share Price | 2022/06/29 00:00 |
Earnings | 2021/12/31 |
Annual Earnings | 2021/12/31 |
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.