company background image
RETI

Reti BIT:RETI Stock Report

Last Price

€1.95

Market Cap

€24.3m

7D

1.3%

1Y

29.7%

Updated

26 Jun, 2022

Data

Company Financials +
RETI fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance4/6
Financial Health2/6
Dividends3/6

RETI Stock Overview

Reti S.p.A. provides IT consulting services in Italy.

Reti Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Reti
Historical stock prices
Current Share Price€1.95
52 Week High€2.92
52 Week Low€1.36
Beta0
1 Month Change-7.82%
3 Month Change-15.07%
1 Year Change29.67%
3 Year Changen/a
5 Year Changen/a
Change since IPO118.56%

Recent News & Updates

Apr 14
Statutory Profit Doesn't Reflect How Good Reti's (BIT:RETI) Earnings Are

Statutory Profit Doesn't Reflect How Good Reti's (BIT:RETI) Earnings Are

Reti S.p.A. ( BIT:RETI ) just reported healthy earnings but the stock price didn't move much. Our analysis suggests...

Nov 17
Reti's (BIT:RETI) Returns Have Hit A Wall

Reti's (BIT:RETI) Returns Have Hit A Wall

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...

Shareholder Returns

RETIIT ITIT Market
7D1.3%3.8%1.1%
1Y29.7%-46.8%-15.6%

Return vs Industry: RETI exceeded the Italian IT industry which returned -46.8% over the past year.

Return vs Market: RETI exceeded the Italian Market which returned -15.6% over the past year.

Price Volatility

Is RETI's price volatile compared to industry and market?
RETI volatility
RETI Average Weekly Movement5.5%
IT Industry Average Movement5.5%
Market Average Movement5.1%
10% most volatile stocks in IT Market7.2%
10% least volatile stocks in IT Market3.3%

Stable Share Price: RETI is not significantly more volatile than the rest of Italian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: RETI's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1994331Bruno Paneghinihttps://www.reti.it

Reti S.p.A. provides IT consulting services in Italy. It offers application solutions for the management of business processes, sharing of information, and facilitation of collaborative processes; and develops IT platforms and infrastructures for the networking and digitization needs of its customers. The company also provides management and assistance services on infrastructures and applications; and support services in the implementation of business strategies.

Reti Fundamentals Summary

How do Reti's earnings and revenue compare to its market cap?
RETI fundamental statistics
Market Cap€24.31m
Earnings (TTM)€1.08m
Revenue (TTM)€25.09m

22.5x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RETI income statement (TTM)
Revenue€25.09m
Cost of Revenue€21.58m
Gross Profit€3.51m
Other Expenses€2.43m
Earnings€1.08m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.087
Gross Margin13.98%
Net Profit Margin4.31%
Debt/Equity Ratio140.0%

How did RETI perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

60%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is RETI 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

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

RETI 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/Revenue1.3x
Enterprise Value/EBITDA11.8x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does RETI's PE Ratio compare to its peers?

RETI PE Ratio vs Peers
The above table shows the PE ratio for RETI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average19.5x

Price-To-Earnings vs Peers: RETI is expensive based on its Price-To-Earnings Ratio (22.5x) compared to the peer average (19.5x).


Price to Earnings Ratio vs Industry

How does RETI's PE Ratio compare vs other companies in the IT Industry?

Price-To-Earnings vs Industry: RETI is good value based on its Price-To-Earnings Ratio (22.5x) compared to the Italian IT industry average (25.5x)


Price to Earnings Ratio vs Fair Ratio

What is RETI'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.

RETI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22.5x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: RETI (€1.95) is trading below our estimate of fair value (€2.88)

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


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate RETI's PEG Ratio to determine if it is good value.


Discover undervalued companies

Future Growth

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

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


9.2%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if RETI's forecast earnings growth is above the savings rate (1.7%).

Earnings vs Market: Insufficient data to determine if RETI's earnings are forecast to grow faster than the Italian market

High Growth Earnings: Insufficient data to determine if RETI's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: RETI's revenue (9.2% per year) is forecast to grow faster than the Italian market (0.3% per year).

High Growth Revenue: RETI's revenue (9.2% 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 RETI's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Past Performance

How has Reti performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


5.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: RETI has high quality earnings.

Growing Profit Margin: RETI's current net profit margins (4.3%) are higher than last year (4.1%).


Past Earnings Growth Analysis

Earnings Trend: RETI's earnings have grown by 5.5% per year over the past 5 years.

Accelerating Growth: RETI's earnings growth over the past year (19.8%) exceeds its 5-year average (5.5% per year).

Earnings vs Industry: RETI earnings growth over the past year (19.8%) underperformed the IT industry 39.2%.


Return on Equity

High ROE: RETI's Return on Equity (13.8%) is considered low.


Discover strong past performing companies

Financial Health

How is Reti's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: RETI's short term assets (€11.6M) do not cover its short term liabilities (€12.2M).

Long Term Liabilities: RETI's short term assets (€11.6M) do not cover its long term liabilities (€12.9M).


Debt to Equity History and Analysis

Debt Level: RETI's net debt to equity ratio (99.9%) is considered high.

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

Debt Coverage: RETI's debt is well covered by operating cash flow (48.8%).

Interest Coverage: RETI's interest payments on its debt are well covered by EBIT (9.4x coverage).


Balance Sheet


Discover healthy companies

Dividend

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

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.67%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: RETI's dividend (2.67%) is higher than the bottom 25% of dividend payers in the Italian market (1.71%).

High Dividend: RETI's dividend (2.67%) is low compared to the top 25% of dividend payers in the Italian market (5.19%).


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (60.1%), RETI's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (14.4%), RETI's dividend payments are thoroughly covered by cash flows.


Discover strong dividend paying companies

Management

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


CEO

Bruno Paneghini

no data

Tenure

Bruno Paneghini is Chairman, CEO & Director of Reti 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.


Top Shareholders

Company Information

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


Key Information

  • Name: Reti S.p.A.
  • Ticker: RETI
  • Exchange: BIT
  • Founded: 1994
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Implied Market Cap: €24.311m
  • Shares outstanding: 12.50m
  • Website: https://www.reti.it

Number of Employees


Location

  • Reti S.p.A.
  • Via Dante, 6
  • Busto Arsizio
  • Varese
  • 21052
  • Italy

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/24 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.