TOD'S S.p.A., together with its subsidiaries, creates, produces, and distributes shoes, leather goods and accessories, and apparel in Italy, Europe, the Americas, Greater China, and internationally.
Excellent balance sheet unattractive dividend payer.
Share Price & News
How has TOD'S's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TDPA.Y has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how TDPA.Y performed against the US Luxury industry.
Return vs Market: Insufficient data to determine how TDPA.Y performed against the US Market.
Price Volatility Vs. Market
How volatile is TOD'S's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is TOD'S 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: TDPA.Y ($4) is trading above our estimate of fair value ($3.53)
Significantly Below Fair Value: TDPA.Y is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TDPA.Y is poor value based on its PE Ratio (158.1x) compared to the Luxury industry average (17.9x).
PE vs Market: TDPA.Y is poor value based on its PE Ratio (158.1x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: TDPA.Y's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: TDPA.Y is overvalued based on its PB Ratio (1.2x) compared to the US Luxury industry average (1.2x).
How is TOD'S forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TDPA.Y's earnings are forecast to decline over the next 3 years (-19.8% per year).
Earnings vs Market: TDPA.Y's earnings are forecast to decline over the next 3 years (-19.8% per year).
High Growth Earnings: TDPA.Y's earnings are forecast to decline over the next 3 years.
Revenue vs Market: TDPA.Y's revenue (3% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: TDPA.Y's revenue (3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TDPA.Y's Return on Equity is forecast to be low in 3 years time (1.8%).
How has TOD'S performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TDPA.Y has high quality earnings.
Growing Profit Margin: TDPA.Y's current net profit margins (0.8%) are lower than last year (7.2%).
Past Earnings Growth Analysis
Earnings Trend: TDPA.Y's earnings have declined by -18.6% per year over the past 5 years.
Accelerating Growth: TDPA.Y's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TDPA.Y had negative earnings growth (-88.9%) over the past year, making it difficult to compare to the Luxury industry average (3.5%).
Return on Equity
High ROE: TDPA.Y's Return on Equity (0.7%) is considered low.
Return on Assets
Return on Capital Employed
How is TOD'S's financial position?
Financial Position Analysis
Short Term Liabilities: TDPA.Y's short term assets (€803.0M) exceed its short term liabilities (€489.3M).
Long Term Liabilities: TDPA.Y's short term assets (€803.0M) exceed its long term liabilities (€543.7M).
Debt to Equity History and Analysis
Debt Level: TDPA.Y's debt to equity ratio (27.5%) is considered satisfactory.
Reducing Debt: TDPA.Y's debt to equity ratio has increased from 5.4% to 27.5% over the past 5 years.
Debt Coverage: TDPA.Y's debt is well covered by operating cash flow (36.2%).
Interest Coverage: TDPA.Y's interest payments on its debt are well covered by EBIT (4.1x coverage).
Inventory Level: TDPA.Y has a high level of physical assets or inventory.
Debt Coverage by Assets: TDPA.Y's debt is covered by short term assets (assets are 2.8x debt).
What is TOD'S's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: TDPA.Y's dividend (2.7%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: TDPA.Y's dividend (2.7%) is low compared to the top 25% of dividend payers in the US market (3.7%).
Stability and Growth of Payments
Stable Dividend: TDPA.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: TDPA.Y's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (426.2%), TDPA.Y's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TDPA.Y's dividends in 3 years are forecast to be covered by earnings (80.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Umberto di Cellere (55yo)
Umberto Macchi di Cellere has been Director of Tod's SpA since April 2018.
CEO Compensation Analysis
Compensation vs Market: Umberto's total compensation ($USD1.02M) is below average for companies of similar size in the US market ($USD3.81M).
Compensation vs Earnings: Insufficient data to compare Umberto's compensation with company performance.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
TOD'S S.p.A.'s company bio, employee growth, exchange listings and data sources
- Name: TOD'S S.p.A.
- Ticker: TDPA.Y
- Exchange: OTCPK
- Industry: Footwear
- Sector: Consumer Durables
- Market Cap: €1.228b
- Listing Market Cap: €1.328b
- Shares outstanding: 33.09m
- Website: https://www.todsgroup.com
Number of Employees
- TOD'S S.p.A.
- Via Filippo Della Valle, 1
- Sant'Elpidio a Mare
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TODG.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Nov 2000|
|TOB||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Nov 2000|
|TOD||BIT (Borsa Italiana)||Yes||Ordinary Shares||IT||EUR||Nov 2000|
|0NV4||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Nov 2000|
|TODM||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Nov 2000|
|TDPA.Y||OTCPK (Pink Sheets LLC)||ADS REP 1/10SH||US||USD||May 2012|
TOD'S S.p.A., together with its subsidiaries, creates, produces, and distributes shoes, leather goods and accessories, and apparel in Italy, Europe, the Americas, Greater China, and internationally. The company provides shoes and luxury leather goods under the Tod’s brand; shoe collections for women, men, and children under the Hogan brand name; casual wear under the FAY brand; and shoes, bags, small leather goods, jewelry, and sunglasses under the Roger Vivier brand names. It distributes its products through directly operated stores (DOS), franchised retail outlets, and independent multi-brand stores. As of September 30, 2018, the company operated a distribution network of 279 DOS and 118 franchised stores. The company is headquartered in Sant'Elpidio a Mare, Italy. TOD'S S.p.A. is a subsidiary of DI.VI. FINANZIARIA of DIEGO DELLA VALLE & C. S.r.l.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 01:34|
|End of Day Share Price||2020/02/11 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.