OTCPK:GXSB.Y

Stock Analysis Report

Executive Summary

Geox S.p.A. creates, produces, promotes, and distributes footwear and apparel for retailers and end consumers in Italy, Europe, North America, and internationally.

Snowflake

Fundamentals

Adequate balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has Geox's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:GXSB.Y

-2.1%

US Luxury

0.9%

US Market


1 Year Return

n/a

OTCPK:GXSB.Y

-12.5%

US Luxury

0.3%

US Market

No trading data on GXSB.Y.

No trading data on GXSB.Y.


Share holder returns

GXSB.YIndustryMarket
7 Day0%-2.1%0.9%
30 Day0%-10.2%-1.9%
90 Day0%-9.1%1.6%
1 Yearn/a-10.7%-12.5%2.6%0.3%
3 Yearn/a18.1%12.9%41.0%31.8%
5 Yearn/a34.6%26.0%55.2%38.0%

Price Volatility Vs. Market

How volatile is Geox's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

0.98x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Geox's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Geox's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Geox is loss making, we can't compare its value to the US Luxury industry average.

Geox is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Geox, we can't assess if its growth is good value.


Price Based on Value of Assets

Geox is good value based on assets compared to the US Luxury industry average.


Next Steps

Future Growth

How is Geox expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

73.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Geox's revenue is expected to grow by 4.3% yearly, however this is not considered high growth (20% yearly).

Geox's earnings are expected to grow significantly at over 20% yearly.

Geox's revenue growth is positive but not above the United States of America market average.

Geox's earnings growth is expected to exceed the United States of America market average.

Geox's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Geox is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Geox performed over the past 5 years?

60.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Geox does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare Geox's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Geox's 1-year growth to the US Luxury industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Geox has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Geox has efficiently used its assets last year compared to the US Luxury industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Geox improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Geox's financial position?


Financial Position Analysis

Geox is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Geox's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Geox's level of debt (14.4%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (19% vs 14.4% today).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 10.8x debt.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Information is not available.

Unable to confirm if Geox has at least 1 year of cash runway based on growing free cash flows without relevant data.


Next Steps

Dividend

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

2.58%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Geox's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

Geox's dividend is below the markets top 25% of dividend payers in United States of America (3.73%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

The company is paying a dividend however it is incurring a loss.


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (3.8x coverage).


Next Steps

Management

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

3.1yrs

Average board tenure


CEO

Matteo Maria Mascazzini (49yo)

1.3yrs

Tenure

0

Mr. Matteo Carlo Maria Mascazzini is Chief Executive Officer and Executive Director of Geox SpA since 1st February 2018. He served as Chief Operating Officer at Giorgio Armani Corporation since March 1, 20 ...


Board Age and Tenure

3.1yrs

Average Tenure

52yo

Average Age

The tenure for the Geox board of directors is about average.


Insider Trading

No 3 month individual insider trading information.


Ownership Breakdown


Management Team

  • Mario Polegato (66yo)

    Executive Chairman

    • Tenure: 0.0yrs
    • Compensation: €1.80m
  • Matteo Maria Mascazzini (49yo)

    CEO & Executive Director

    • Tenure: 1.3yrs
  • Enrico Polegato (37yo)

    Executive Vice Chairman

    • Tenure: 0.0yrs
    • Compensation: €150.00k
  • Livio Libralesso (52yo)

    CFO, General Manager of Corporate

    • Tenure: 1.2yrs
    • Compensation: €412.44k

Board Members

  • Duncan Niederauer (58yo)

    Independent Director

    • Tenure: 4.6yrs
    • Compensation: €25.00k
  • Mario Polegato (66yo)

    Executive Chairman

    • Tenure: 0.0yrs
    • Compensation: €1.80m
  • Matteo Maria Mascazzini (49yo)

    CEO & Executive Director

    • Tenure: 1.3yrs
  • Enrico Polegato (37yo)

    Executive Vice Chairman

    • Tenure: 0.0yrs
    • Compensation: €150.00k
  • Alessandro Giusti (68yo)

    Director

    • Tenure: 0.0yrs
    • Compensation: €100.00k
  • Francesca Meneghel (57yo)

    Independent Director

    • Tenure: 3.1yrs
    • Compensation: €45.00k
  • Livio Libralesso (52yo)

    CFO, General Manager of Corporate

    • Tenure: 1.2yrs
    • Compensation: €412.44k
  • Claudia Baggio (37yo)

    Director

    • Tenure: 6.6yrs
    • Compensation: €25.00k
  • Lara Livolsi (44yo)

    Independent Director

    • Tenure: 0.0yrs
    • Compensation: €45.00k
  • Sonia Ferrero

    Chairman of Board of Statutory Auditors

    • Tenure: 3.1yrs

Company Information

Geox S.p.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Geox S.p.A.
  • Ticker: GXSB.Y
  • Exchange: OTCPK
  • Founded: 1995
  • Industry: Footwear
  • Sector: Consumer Durables
  • Market Cap: €334.377m
  • Listing Market Cap: €380.537m
  • Shares outstanding: 259.21m
  • Website: https://www.geox.com

Number of Employees


Location

  • Geox S.p.A.
  • Via Feltrina Centro No. 16
  • Biadene di Montebelluna
  • Montebelluna
  • Treviso
  • 31044
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GHHDB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2004
GEOBIT (Borsa Italiana)YesOrdinary SharesITEURDec 2004
GXSB.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDDec 2004
0KHHLSE (London Stock Exchange)YesOrdinary SharesGBEURDec 2004
GEOMBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURDec 2004
GXSB.YOTCPK (Pink Sheets LLC)ADRUSUSDOct 2008

Biography

Geox S.p.A. creates, produces, promotes, and distributes footwear and apparel for retailers and end consumers in Italy, Europe, North America, and internationally. It operates through two segments, Footwea ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/06/27 00:29
End of Day Share Price2019/03/29 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.