Wiit S.p.A. provides cloud services for various businesses in Italy and internationally. More Details
High growth potential with mediocre balance sheet.
Share Price & News
How has Wiit's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WIIT's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: WIIT exceeded the Italian IT industry which returned 77.4% over the past year.
Return vs Market: WIIT exceeded the Italian Market which returned -15.8% over the past year.
Price Volatility Vs. Market
How volatile is Wiit's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StWhat Does Wiit S.p.A.'s (BIT:WIIT) Share Price Indicate?
1 month ago | Simply Wall StWould Wiit S.p.A. (BIT:WIIT) Be Valuable To Income Investors?
2 months ago | Simply Wall StOur Take On The Returns On Capital At Wiit (BIT:WIIT)
Is Wiit undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: WIIT (€176) is trading above our estimate of fair value (€42.46)
Significantly Below Fair Value: WIIT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: WIIT is poor value based on its PE Ratio (90.5x) compared to the IT IT industry average (27.1x).
PE vs Market: WIIT is poor value based on its PE Ratio (90.5x) compared to the Italian market (16.1x).
Price to Earnings Growth Ratio
PEG Ratio: WIIT is poor value based on its PEG Ratio (3.1x)
Price to Book Ratio
PB vs Industry: WIIT is overvalued based on its PB Ratio (23x) compared to the IT IT industry average (2.6x).
How is Wiit forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WIIT's forecast earnings growth (29% per year) is above the savings rate (2%).
Earnings vs Market: WIIT's earnings (29% 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: WIIT's revenue (15.1% per year) is forecast to grow faster than the Italian market (3.5% per year).
High Growth Revenue: WIIT's revenue (15.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WIIT's Return on Equity is forecast to be high in 3 years time (36.4%)
How has Wiit performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WIIT has high quality earnings.
Growing Profit Margin: WIIT's current net profit margins (11.7%) are lower than last year (16.1%).
Past Earnings Growth Analysis
Earnings Trend: WIIT's earnings have grown significantly by 38.6% per year over the past 5 years.
Accelerating Growth: WIIT's earnings growth over the past year (4.7%) is below its 5-year average (38.6% per year).
Earnings vs Industry: WIIT earnings growth over the past year (4.7%) underperformed the IT industry 9.6%.
Return on Equity
High ROE: Whilst WIIT's Return on Equity (28.37%) is high, this metric is skewed due to their high level of debt.
How is Wiit's financial position?
Financial Position Analysis
Short Term Liabilities: WIIT's short term assets (€25.5M) do not cover its short term liabilities (€25.9M).
Long Term Liabilities: WIIT's short term assets (€25.5M) do not cover its long term liabilities (€44.1M).
Debt to Equity History and Analysis
Debt Level: WIIT's debt to equity ratio (232%) is considered high.
Reducing Debt: WIIT's debt to equity ratio has reduced from 248.2% to 232% over the past 5 years.
Debt Coverage: WIIT's debt is well covered by operating cash flow (28.9%).
Interest Coverage: WIIT's interest payments on its debt are well covered by EBIT (19.2x coverage).
What is Wiit current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WIIT's dividend (0.85%) isn’t notable compared to the bottom 25% of dividend payers in the Italian market (1.65%).
High Dividend: WIIT's dividend (0.85%) is low compared to the top 25% of dividend payers in the Italian market (5.43%).
Stability and Growth of Payments
Stable Dividend: WIIT is not paying a notable dividend for the Italian market, therefore no need to check if payments are stable.
Growing Dividend: WIIT is not paying a notable dividend for the Italian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: WIIT is not paying a notable dividend for the Italian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WIIT's dividend in 3 years as they are not forecast to pay a notable one for the Italian market.
How experienced are the management team and are they aligned to shareholders interests?
Mr. Alessandro Cozzi serves as Chief Executive Officer of Wiit S.p.A. and also serves as its Director.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Wiit S.p.A.'s company bio, employee growth, exchange listings and data sources
- Name: Wiit S.p.A.
- Ticker: WIIT
- Exchange: BIT
- Founded: 2001
- Industry: Internet Services and Infrastructure
- Sector: Software
- Market Cap: €443.765m
- Shares outstanding: 2.52m
- Website: https://www.wiitgroup.com
Number of Employees
- Wiit S.p.A.
- Via Muzio Attendolo detto Sforza n. 7
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|WIIT||BIT (Borsa Italiana)||Yes||Ordinary Shares||IT||EUR||Jun 2017|
|WIITM||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jun 2017|
Wiit S.p.A. provides cloud services for various businesses in Italy and internationally. It offers hybrid, hosted private, and public cloud services; cloud services for critical applications; business cont ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/27 04:22|
|End of Day Share Price||2020/09/25 00:00|
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.