Executive Summary
Gefran S.p.A., together with its subsidiaries, designs and produces automation components and industrial process control systems worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet established dividend payer.
Share Price & News
How has Gefran's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GE has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
2.9%
GE
1.8%
IT Electronic
1.5%
IT Market
1 Year Return
-19.8%
GE
10.1%
IT Electronic
16.6%
IT Market
Return vs Industry: GE underperformed the Italian Electronic industry which returned 10.1% over the past year.
Return vs Market: GE underperformed the Italian Market which returned 16.5% over the past year.
Shareholder returns
| GE | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.9% | 1.8% | 1.5% |
| 30 Day | -3.6% | -2.7% | 2.3% |
| 90 Day | -6.5% | 4.3% | 4.8% |
| 1 Year | -16.0%-19.8% | 12.6%10.1% | 21.7%16.6% |
| 3 Year | 110.8%88.3% | 34.4%25.7% | 36.5%22.9% |
| 5 Year | 90.9%70.6% | 109.6%88.1% | 18.4%-22.3% |
Price Volatility Vs. Market
How volatile is Gefran's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Here's What Gefran S.p.A.'s (BIT:GE) P/E Ratio Is Telling Us2 weeks ago | Simply Wall St
Should You Or Shouldn't You: A Dividend Analysis on Gefran S.p.A. (BIT:GE)1 month ago | Simply Wall St
With A 11% Return On Equity, Is Gefran S.p.A. (BIT:GE) A Quality Stock?Valuation
Is Gefran undervalued compared to its fair value and its price relative to the market?
11.22x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GE (€6.46) is trading above our estimate of fair value (€5.97)
Significantly Below Fair Value: GE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GE is good value based on its PE Ratio (11.2x) compared to the Electronic industry average (13.3x).
PE vs Market: GE is good value based on its PE Ratio (11.2x) compared to the Italian market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: GE is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: GE is good value based on its PB Ratio (1.3x) compared to the IT Electronic industry average (1.7x).
Next Steps
Future Growth
How is Gefran forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
12.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GE's forecast earnings growth (12% per year) is above the savings rate (1.2%).
Earnings vs Market: GE's earnings (12% per year) are forecast to grow faster than the Italian market (9.9% per year).
High Growth Earnings: GE's earnings are forecast to grow, but not significantly.
Revenue vs Market: GE's revenue (4.1% per year) is forecast to grow slower than the Italian market (4.4% per year).
High Growth Revenue: GE's revenue (4.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GE's Return on Equity is forecast to be low in 3 years time (12.3%).
Next Steps
Past Performance
How has Gefran performed over the past 5 years?
52.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GE has high quality earnings.
Growing Profit Margin: GE's current net profit margins (5.9%) are higher than last year (4.5%).
Past Earnings Growth Analysis
Earnings Trend: GE has become profitable over the past 5 years, growing earnings by 52.9% per year.
Accelerating Growth: GE's earnings growth over the past year (34.4%) is below its 5-year average (52.9% per year).
Earnings vs Industry: GE earnings growth over the past year (34.4%) exceeded the Electronic industry 14.3%.
Return on Equity
High ROE: GE's Return on Equity (11.3%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Gefran's financial position?
Financial Position Analysis
Short Term Liabilities: GE's short term assets (€90.3M) exceed its short term liabilities (€52.3M).
Long Term Liabilities: GE's short term assets (€90.3M) exceed its long term liabilities (€32.6M).
Debt to Equity History and Analysis
Debt Level: GE's debt to equity ratio (49.4%) is considered high.
Reducing Debt: GE's debt to equity ratio has reduced from 65.5% to 49.4% over the past 5 years.
Debt Coverage: GE's debt is well covered by operating cash flow (46.2%).
Interest Coverage: GE's interest payments on its debt are well covered by EBIT (38x coverage).
Balance Sheet
Inventory Level: GE has a high level of physical assets or inventory.
Debt Coverage by Assets: GE's debt is covered by short term assets (assets are 2.5x debt).
Next Steps
Dividend
What is Gefran's current dividend yield, its reliability and sustainability?
4.95%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: GE's dividend (4.95%) is higher than the bottom 25% of dividend payers in the Italian market (1.88%).
High Dividend: GE's dividend (4.95%) is in the top 25% of dividend payers in the Italian market (4.27%)
Stability and Growth of Payments
Stable Dividend: GE's dividend payments have been volatile in the past 10 years.
Growing Dividend: GE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (55.6%), GE's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GE's dividends in 3 years are forecast to be covered by earnings (70% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.8yrs
Average board tenure
CEO
Alberto Bartoli (59yo)
Mr. Alberto Bartoli is the Chief Executive Officer and Director of Gefran S.p.A. He served as the Chief Executive Officer at Sabaf SPA since May 8, 2012 until April 27, 2017 and served as its Chief Financi ...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 0yrs | no data | no data | |
| Secretary of Board of Directors and Director of the Colombera S p A | 0yrs | no data | no data | |
| Honorary Chairman | 1.8yrs | €450.02k | 3.51% €3.3m | |
| Independent Director | 19.8yrs | €25.50k | no data | |
| Chairman of the Board | 1.8yrs | €214.33k | no data | |
| Vice Chairperson of the Board | 1.8yrs | €82.22k | no data | |
| Vice Chairperson of the Board | 1.8yrs | €133.27k | no data | |
| Independent Director | 7.3yrs | €25.50k | no data | |
| Independent Director | 5.8yrs | €27.50k | no data | |
| Chairman of the Board of Statutory Auditors | 0yrs | €20.00k | no data |
1.8yrs
Average Tenure
57yo
Average Age
Experienced Board: GE's board of directors are not considered experienced ( 1.8 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 been diluted in the past year, with total shares outstanding growing by 2%.
Top Shareholders
Company Information
Gefran S.p.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Gefran S.p.A.
- Ticker: GE
- Exchange: BIT
- Founded:
- Industry: Electronic Components
- Sector: Tech
- Market Cap: €92.848m
- Shares outstanding: 14.37m
- Website: https://www.gefran.com
Number of Employees
Location
- Gefran S.p.A.
- Via Sebina, 74
- Provaglio d'Iseo
- Brescia
- 25050
- Italy
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GE | BIT (Borsa Italiana) | Yes | Common Shares | IT | EUR | Jun 1998 |
| 0EKI | LSE (London Stock Exchange) | Yes | Common Shares | GB | EUR | Jun 1998 |
| GEM | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Common Shares | GB | EUR | Jun 1998 |
| GF7 | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Jun 1998 |
Biography
Gefran S.p.A., together with its subsidiaries, designs and produces automation components and industrial process control systems worldwide. It operates through three segments: Sensors, Automation Components, and Motion Control. The company offers magnetostrictive, potentiometer, rotary, inclinometer, and linear by wire position sensors; industrial and melt pressure sensors; strain and force sensors; and thermocouple and resistance thermometer temperature sensors. It also provides controllers and programmers, and indicators and alarm units; power controllers, solid state relays with/without heatsinks, and fieldbuses; automation platforms; inverters for industrial applications and elevators, DC drives, Regen and AC/DC power suppliers, motors, and special configurations; and servodrives and motors. Its products are used in plastic, mobile hydraulic, electrical furnace, lift, metal, hoist and crane, and water, as well as heating, ventilation, and air conditioning applications. The company is headquartered in Provaglio d'Iseo, Italy.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/16 20:52 |
| End of Day Share Price | 2020/02/14 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.