company background image
ETH

Eurotech BIT:ETH Stock Report

Last Price

€3.20

Market Cap

€113.4m

7D

2.2%

1Y

-33.7%

Updated

10 Aug, 2022

Data

Company Financials +
ETH fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health3/6
Dividends0/6

ETH Stock Overview

Eurotech S.p.A. engages in the research and development, production, and marketing of miniaturized computers and high-performance computers featuring high computing capacity in Italy and internationally.

Eurotech Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Eurotech
Historical stock prices
Current Share Price€3.20
52 Week High€6.09
52 Week Low€2.68
Beta1.4
1 Month Change10.19%
3 Month Change-5.38%
1 Year Change-33.67%
3 Year Change-33.82%
5 Year Change145.78%
Change since IPO-37.86%

Recent News & Updates

Jun 14
Is Eurotech (BIT:ETH) Using Debt In A Risky Way?

Is Eurotech (BIT:ETH) Using Debt In A Risky Way?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

ETHIT TechIT Market
7D2.2%-2.3%0.7%
1Y-33.7%-41.7%-16.3%

Return vs Industry: ETH exceeded the Italian Tech industry which returned -42.9% over the past year.

Return vs Market: ETH underperformed the Italian Market which returned -16.1% over the past year.

Price Volatility

Is ETH's price volatile compared to industry and market?
ETH volatility
ETH Average Weekly Movement6.3%
Tech Industry Average Movement6.3%
Market Average Movement5.0%
10% most volatile stocks in IT Market7.8%
10% least volatile stocks in IT Market3.2%

Stable Share Price: ETH is more volatile than 75% of Italian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: ETH's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of Italian stocks.

About the Company

FoundedEmployeesCEOWebsite
1992319Paul Chawlahttps://www.eurotech.com

Eurotech S.p.A. engages in the research and development, production, and marketing of miniaturized computers and high-performance computers featuring high computing capacity in Italy and internationally. The company offers embedded boards and modules, such as COM Express CPU-modules, small form factor boards, single board computers, VME boards, compact peripheral component interconnect boards, PC/104 boards, and development kits. It also provides embedded and edge computers, HMIs and displays, and expansion modules; mobile access routers, data loggers and storage systems, and networking modules; and high performance embedded computing systems, switches, and boards for data access and management.

Eurotech Fundamentals Summary

How do Eurotech's earnings and revenue compare to its market cap?
ETH fundamental statistics
Market Cap€113.36m
Earnings (TTM)-€9.86m
Revenue (TTM)€67.90m

1.7x

P/S Ratio

-11.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ETH income statement (TTM)
Revenue€67.90m
Cost of Revenue€37.53m
Gross Profit€30.38m
Other Expenses€40.23m
Earnings-€9.86m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.28
Gross Margin44.74%
Net Profit Margin-14.52%
Debt/Equity Ratio21.9%

How did ETH perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is ETH undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

ETH 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/Revenue1.7x
Enterprise Value/EBITDA-21.1x
PEG Ration/a

Price to Sales Ratio vs Peers

How does ETH's PS Ratio compare to its peers?

ETH PS Ratio vs Peers
The above table shows the PS ratio for ETH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average2x
CELL Cellularline
0.6x10.3%€75.5m
MFT Matica Fintec
1.5x19.1%€23.7m
IOT Seco
5x23.6%€692.2m
GE Gefran
0.8x3.7%€141.9m
ETH Eurotech
1.7x18.7%€113.4m

Price-To-Sales vs Peers: ETH is good value based on its Price-To-Sales Ratio (1.7x) compared to the peer average (2x).


Price to Earnings Ratio vs Industry

How does ETH's PE Ratio compare vs other companies in the European Tech Industry?

Price-To-Sales vs Industry: ETH is expensive based on its Price-To-Sales Ratio (1.7x) compared to the European Tech industry average (1.2x)


Price to Sales Ratio vs Fair Ratio

What is ETH's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ETH PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.7x
Fair PS Ratio1.8x

Price-To-Sales vs Fair Ratio: ETH is good value based on its Price-To-Sales Ratio (1.7x) compared to the estimated Fair Price-To-Sales Ratio (1.8x).


Share Price vs Fair Value

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

Below Fair Value: ETH (€3.2) is trading above our estimate of fair value (€2.33)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


Discover undervalued companies

Future Growth

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

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


79.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ETH is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).

Earnings vs Market: ETH is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ETH is expected to become profitable in the next 3 years.

Revenue vs Market: ETH's revenue (18.7% per year) is forecast to grow faster than the Italian market (-0.1% per year).

High Growth Revenue: ETH's revenue (18.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ETH's Return on Equity is forecast to be low in 3 years time (11.3%).


Discover growth companies

Past Performance

How has Eurotech performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-2.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ETH is currently unprofitable.

Growing Profit Margin: ETH is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ETH is unprofitable, and losses have increased over the past 5 years at a rate of 2.2% per year.

Accelerating Growth: Unable to compare ETH's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ETH is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (0.6%).


Return on Equity

High ROE: ETH has a negative Return on Equity (-9.22%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Eurotech's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ETH's short term assets (€60.9M) exceed its short term liabilities (€30.4M).

Long Term Liabilities: ETH's short term assets (€60.9M) exceed its long term liabilities (€22.7M).


Debt to Equity History and Analysis

Debt Level: ETH has more cash than its total debt.

Reducing Debt: ETH's debt to equity ratio has increased from 11.2% to 21.9% over the past 5 years.

Debt Coverage: ETH's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if ETH's interest payments on its debt are well covered by EBIT.


Balance Sheet


Discover healthy companies

Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if ETH's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ETH has not reported any payouts.


Discover strong dividend paying companies

Management

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

10.5yrs

Average management tenure


CEO

Paul Chawla (56 yo)

1.58yrs

Tenure

Mr. Paul Chawla serves as Chief Executive Officer since 2021 & Director since April 07, 2021 at Eurotech S.p.A. He had been Executive Vice President of Performance Sensing Automotive at Sensata Technologie...


Leadership Team

Experienced Management: ETH's management team is seasoned and experienced (10.5 years average tenure).


Board Members

Experienced Board: ETH's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


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

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


Key Information

  • Name: Eurotech S.p.A.
  • Ticker: ETH
  • Exchange: BIT
  • Founded: 1992
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Implied Market Cap: €113.363m
  • Shares outstanding: 35.43m
  • Website: https://www.eurotech.com

Number of Employees


Location

  • Eurotech S.p.A.
  • Via Fratelli Solari 3/a
  • Amaro
  • Udine
  • 33020
  • Italy

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/10 00:00
End of Day Share Price2022/08/10 00:00
Earnings2022/03/31
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.