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SIT

BIT:SIT
Snowflake Description

Good value with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SIT
BIT
€199M
Market Cap
  1. Home
  2. IT
  3. Tech
Company description

SIT S.p.A. develops, manufactures, and sells measuring devices and systems for the domestic gas equipment worldwide. The last earnings update was 73 days ago. More info.


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SIT Share Price and Events
7 Day Returns
-1.2%
BIT:SIT
-0.7%
IT Electronic
0.7%
IT Market
1 Year Returns
-20.8%
BIT:SIT
-15.7%
IT Electronic
-6.6%
IT Market
SIT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
SIT (SIT) -1.2% 1.8% -2.6% -20.8% - -
IT Electronic -0.7% -0.9% -7.7% -15.7% 32.3% 39.7%
IT Market 0.7% -1.2% -2.5% -6.6% 9.2% -19.2%
1 Year Return vs Industry and Market
  • SIT underperformed the Electronic industry which returned -15.7% over the past year.
  • SIT underperformed the Market in Italy which returned -6.6% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is SIT undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of SIT to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for SIT.

BIT:SIT Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 15.7%
Perpetual Growth Rate 10-Year IT Government Bond Rate 2.9%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BIT:SIT
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IT Govt Bond Rate 2.9%
Equity Risk Premium S&P Global 9%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.09
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.095 (1 + (1- 24%) (63.81%))
1.419
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.42
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.93% + (1.419 * 9.02%)
15.74%

Discounted Cash Flow Calculation for BIT:SIT using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for SIT is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BIT:SIT DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 15.74%)
2019 14.00 Analyst x1 12.10
2020 28.00 Analyst x1 20.90
2021 36.00 Analyst x1 23.22
2022 42.62 Est @ 18.39% 23.76
2023 48.48 Est @ 13.75% 23.35
2024 53.58 Est @ 10.51% 22.29
2025 57.99 Est @ 8.24% 20.85
2026 61.84 Est @ 6.65% 19.21
2027 65.27 Est @ 5.53% 17.52
2028 68.37 Est @ 4.75% 15.86
Present value of next 10 years cash flows €199.06
BIT:SIT DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €68.37 × (1 + 2.93%) ÷ (15.74% – 2.93%)
€549.75
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €549.75 ÷ (1 + 15.74%)10
€127.50
BIT:SIT Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €199.06 + €127.50
€326.56
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €326.56 / 23.68
€13.79
BIT:SIT Discount to Share Price
Calculation Result
Value per share (EUR) From above. €13.79
Current discount Discount to share price of €8.40
= -1 x (€8.40 - €13.79) / €13.79
39.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price SIT is available for.
Intrinsic value
39%
Share price is €8.4 vs Future cash flow value of €13.79
Current Discount Checks
For SIT to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • SIT's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • SIT's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for SIT's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are SIT's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BIT:SIT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €1.01
BIT:SIT Share Price ** BIT (2019-06-14) in EUR €8.4
Italy Electronic Industry PE Ratio Median Figure of 8 Publicly-Listed Electronic Companies 13.33x
Italy Market PE Ratio Median Figure of 240 Publicly-Listed Companies 15.76x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of SIT.

BIT:SIT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BIT:SIT Share Price ÷ EPS (both in EUR)

= 8.4 ÷ 1.01

8.29x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SIT is good value based on earnings compared to the IT Electronic industry average.
  • SIT is good value based on earnings compared to the Italy market.
Price based on expected Growth
Does SIT's expected growth come at a high price?
Raw Data
BIT:SIT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.29x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
-2%per year
Italy Electronic Industry PEG Ratio Median Figure of 5 Publicly-Listed Electronic Companies 0.99x
Italy Market PEG Ratio Median Figure of 161 Publicly-Listed Companies 1.21x

*Line of best fit is calculated by linear regression .

BIT:SIT PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 8.29x ÷ -2%

-4.24x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SIT earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on SIT's assets?
Raw Data
BIT:SIT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €5.30
BIT:SIT Share Price * BIT (2019-06-14) in EUR €8.4
Italy Electronic Industry PB Ratio Median Figure of 9 Publicly-Listed Electronic Companies 1.59x
Italy Market PB Ratio Median Figure of 324 Publicly-Listed Companies 1.45x
BIT:SIT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BIT:SIT Share Price ÷ Book Value per Share (both in EUR)

= 8.4 ÷ 5.30

1.59x

* Primary Listing of SIT.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SIT is good value based on assets compared to the IT Electronic industry average.
X
Value checks
We assess SIT's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. SIT has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is SIT expected to grow at an attractive rate?
  • SIT's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.9%.
Growth vs Market Checks
  • SIT's earnings are expected to decrease over the next 1-3 years, this is below the Italy market average.
  • SIT's revenue growth is positive but not above the Italy market average.
Annual Growth Rates Comparison
Raw Data
BIT:SIT Future Growth Rates Data Sources
Data Point Source Value (per year)
BIT:SIT Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts -2%
BIT:SIT Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 1.5%
Italy Electronic Industry Earnings Growth Rate Market Cap Weighted Average 12.1%
Italy Electronic Industry Revenue Growth Rate Market Cap Weighted Average 6%
Italy Market Earnings Growth Rate Market Cap Weighted Average 9.2%
Italy Market Revenue Growth Rate Market Cap Weighted Average 3.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BIT:SIT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BIT:SIT Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 375 46 22 1
2020-12-31 368 44 20 1
2019-12-31 360 41 19 1
BIT:SIT Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 360 33 24
2018-09-30 355 34 4
2018-06-30 350 35 -16
2018-03-31 337 38 -20
2017-12-31 324 42 -23
2017-09-30 313 44 -11
2017-06-30 303 47 1
2017-03-31 295 49 1
2016-12-31 288 50 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • SIT's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • SIT's revenue is expected to grow by 1.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BIT:SIT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from SIT Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BIT:SIT Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.85 0.85 0.85 1.00
2020-12-31 0.77 0.77 0.77 1.00
2019-12-31 0.71 0.71 0.71 1.00
BIT:SIT Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 1.01
2018-09-30 0.18
2018-06-30 -0.67
2018-03-31 -0.90
2017-12-31 -1.16
2017-09-30 -0.48
2017-06-30 0.04
2017-03-31 0.05
2016-12-31 0.10

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • SIT is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess SIT's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Italy market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Italy market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
SIT has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has SIT performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare SIT's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • SIT has delivered over 20% year on year earnings growth in the past 5 years.
  • SIT has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • SIT has become profitable in the last year making it difficult to compare the IT Electronic industry average.
Earnings and Revenue History
SIT's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from SIT Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BIT:SIT Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 359.69 24.27 74.11
2018-09-30 354.96 4.22 73.47
2018-06-30 350.23 -15.82 71.84
2018-03-31 337.09 -19.57 69.60
2017-12-31 323.96 -23.33 68.37
2017-09-30 313.25 -11.31 67.05
2017-06-30 302.53 0.70 65.73
2017-03-31 295.34 1.22 65.05
2016-12-31 288.14 1.74 64.38
2015-12-31 264.66 0.43 66.57
2014-12-31 239.84 -17.82 55.02

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • SIT has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • SIT used its assets more efficiently than the IT Electronic industry average last year based on Return on Assets.
  • SIT has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess SIT's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
SIT has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is SIT's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up SIT's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • SIT is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • SIT's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of SIT's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from SIT Company Filings, last reported 5 months ago.

BIT:SIT Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 125.40 126.93 55.49
2018-09-30 125.40 126.93 55.49
2018-06-30 108.83 129.92 49.00
2018-03-31 108.83 129.92 49.00
2017-12-31 105.75 135.86 70.02
2017-09-30 105.75 135.86 70.02
2017-06-30 71.35 152.65 25.74
2017-03-31 71.35 152.65 25.74
2016-12-31 69.26 158.65 34.00
2015-12-31 57.86 180.03 24.28
2014-12-31 61.29 181.96 18.62
  • SIT's level of debt (101.2%) compared to net worth is high (greater than 40%).
  • Unable to establish if SIT's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (26.1%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 9.4x coverage).
X
Financial health checks
We assess SIT's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. SIT has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is SIT's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.33%
Current annual income from SIT dividends. Estimated to be 3.37% next year.
If you bought €2,000 of SIT shares you are expected to receive €67 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • SIT's pays a higher dividend yield than the bottom 25% of dividend payers in Italy (2.16%).
  • SIT's dividend is below the markets top 25% of dividend payers in Italy (4.55%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BIT:SIT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Italy Electronic Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 2.4%
Italy Market Average Dividend Yield Market Cap Weighted Average of 185 Stocks 4.2%
Italy Minimum Threshold Dividend Yield 10th Percentile 1.1%
Italy Bottom 25% Dividend Yield 25th Percentile 2.2%
Italy Top 25% Dividend Yield 75th Percentile 4.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BIT:SIT Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.28 1.00
2020-12-31 0.28 1.00
2019-12-31 0.28 1.00
BIT:SIT Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-04-03 0.280 3.289
2018-04-10 0.250 2.708
2018-03-21 0.250 2.238

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • It is too early to tell whether SIT has stable dividend payments.
  • SIT only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of SIT's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.6x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.6x coverage).
X
Income/ dividend checks
We assess SIT's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can SIT afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. SIT has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of SIT's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • SIT has no CEO, or we have no data on them.
Management Team

Federico de' Stefani

TITLE
Executive Chairman
Board of Directors

Federico de' Stefani

TITLE
Executive Chairman

Saverio Bozzolan

TITLE
Chairman of Board of Statutory Auditors

Bettina Campedelli

TITLE
Lead Independent Director
AGE
56
TENURE
0.7 yrs

Antonio Dall'Orto

TITLE
Independent Director
TENURE
0.7 yrs

Chiara de’ Stefani

TITLE
Director
AGE
53

Giovanni Cavallini

TITLE
Director
AGE
68

Attilio Arietti

TITLE
Director
AGE
68

Fabio Buttignon

TITLE
Director

Bruno Pavesi

TITLE
Independent Director
AGE
77

Franco Stevanato

TITLE
Independent Director
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess SIT's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. SIT has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Do You Know About SIT S.p.A.’s (BIT:SIT) ROCE?

The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for SIT: 0.12 = €30m ÷ (€391m - €131m) (Based on the trailing twelve months to December 2018.) Therefore, SIT has an ROCE of 12%. … Due to the way the ROCE equation works, having large bills due in the near term can make it look as though a company has less capital employed, and thus a higher ROCE than usual. … The Bottom Line On SIT's ROCE With a decent ROCE, the company could be interesting, but remember that the level of current liabilities make the ROCE look better.

Simply Wall St -

Why I Like SIT S.p.A. (BIT:SIT)

Basically, it is a company that has been able to sustain great financial health, trading at an attractive share price. … SIT's shares are now trading at a price below its true value based on its discounted cash flows, indicating a relatively pessimistic market sentiment. … Also, relative to the rest of its peers with similar levels of earnings, SIT's share price is trading below the group's average.

Simply Wall St -

What Do Analysts Think About The Future Of SIT S.p.A.'s (BIT:SIT)?

Based on SIT S.p.A.'s (BIT:SIT) recently announced earnings update on 31 December 2018, … with profits predicted to drop by -22% next year

Simply Wall St -

SIT S.p.A. (BIT:SIT): Are Analysts Bull Or Bear?

The latest earnings announcement SIT S.p.A. … (BIT:SIT) released in December 2018 … negative earnings

Simply Wall St -

Introducing SIT, The Stock That Dropped 32% In The Last Year

(BIT:SIT) shareholders over the last year, as the share price declined 32%. … SIT isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). … But if revenue keeps growing, then at a certain point the share price would likely follow.

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Is SIT S.p.A.'s (BIT:SIT) Balance Sheet Strong Enough To Weather A Storm?

Participate in a short research study and receive a 6-month subscription to the award winning Simply Wall St research tool (valued at $60)! … (BIT:SIT) is a small-cap stock with a market capitalization of €192m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health.

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Read This Before Buying SIT SpA (BIT:SIT) For Its Dividend

SIT SpA (BIT:SIT) has started paying a dividend to shareholders. … 5 checks you should do on a dividend stock … When assessing a stock as a potential addition to my dividend Portfolio, I look at these five areas:

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Is SIT SpA (BIT:SIT) A Financially Sound Company?

Investors are always looking for growth in small-cap stocks like SIT SpA (BIT:SIT), with a market cap of €209m. … However, an important fact which most ignore is: how financially healthy is the business? … Companies operating in the Electronic industry,.

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Income Investors Should Steer Clear of SIT SpA (BIT:SIT)

Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. … In the past, SIT SpA (BIT:SIT) has returned an average of 2.00% per year to investors in the form of dividend payouts. … When assessing a stock as a potential addition to my dividend Portfolio, I look at these five areas:

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What does SIT SpA's (BIT:SIT) Balance Sheet Tell Us About Its Future?

SIT SpA (BIT:SIT) is a small-cap stock with a market capitalization of €253.01m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Companies operating in the Electronic industry,

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Company Info

Description

SIT S.p.A. develops, manufactures, and sells measuring devices and systems for the domestic gas equipment worldwide. The company offers mechanical controls, such as electrical on off, electrical and air/gas modulation, mixer, and thermostatic and manual controls; electronic controls, including burner controls, heat recovery units, and controls for appliances; fans for condensing and atmospheric boilers, and electric fans for pellet stoves-extractor hoods and air recirculation; and integrated systems. It also provides sensors comprising thermocouples, oxyprotectors, oxypilots, sensing elements, temperature sensors devices, pressure switches, and pilot burners; flue kits, such as coaxial and twin flue systems, exhaust and condensing kits, roof terminal and cascade systems, and condensate traps; fans for range hoods; accessories; and gas meters. The company is headquartered in Padua, Italy. SIT S.p.A. is a subsidiary of SIT Technologies Spa.

Details
Name: SIT S.p.A.
SIT
Exchange: BIT
Founded:
€198,923,230
23,681,337
Website: http://www.sitgroup.it
Address: SIT S.p.A.
Viale dell’Industria 31-33,
Padua,
Padova, 35129,
Italy
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BIT SIT Share Capital Borsa Italiana IT EUR 20. Jul 2017
Number of employees
Current staff
Staff numbers
0
SIT employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/15 22:31
End of day share price update: 2019/06/14 00:00
Last estimates confirmation: 2019/05/27
Last earnings filing: 2019/04/03
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.