Upcoming Dividend • May 11
Upcoming dividend of €0.38 per share Eligible shareholders must have bought the stock before 18 May 2026. Payment date: 20 May 2026. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (2.5%). Duyuru • Apr 06
Technogym S.p.A., Annual General Meeting, May 05, 2026 Technogym S.p.A., Annual General Meeting, May 05, 2026, at 10:00 W. Europe Standard Time. Location: via calcinaro n 2861, cesena Italy Declared Dividend • Mar 23
Dividend of €0.38 announced Shareholders will receive a dividend of €0.38. Ex-date: 18th May 2026 Payment date: 20th May 2026 Dividend yield will be 2.2%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (52% cash payout ratio). The dividend has increased by an average of 19% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 21
Full year 2025 earnings released: EPS: €0.58 (vs €0.44 in FY 2024) Full year 2025 results: EPS: €0.58 (up from €0.44 in FY 2024). Revenue: €1.02b (up 13% from FY 2024). Net income: €115.1m (up 32% from FY 2024). Profit margin: 11% (up from 9.7% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Mar 20
Technogym S.p.A. announces Annual dividend, payable on May 20, 2026 Technogym S.p.A. announced Annual dividend of EUR 0.3800 per share payable on May 20, 2026, ex-date on May 18, 2026 and record date on May 19, 2026. Buy Or Sell Opportunity • Mar 17
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 4.9% to €16.74. The fair value is estimated to be €13.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 37% in the next 2 years. Reported Earnings • Aug 03
First half 2025 earnings released: EPS: €0.21 (vs €0.16 in 1H 2024) First half 2025 results: EPS: €0.21 (up from €0.16 in 1H 2024). Revenue: €458.8m (up 14% from 1H 2024). Net income: €40.8m (up 31% from 1H 2024). Profit margin: 8.9% (up from 7.7% in 1H 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • May 12
Upcoming dividend of €0.80 per share Eligible shareholders must have bought the stock before 19 May 2025. Payment date: 21 May 2025. Payout ratio is a comfortable 69% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (3.1%). Reported Earnings • Apr 17
Full year 2024 earnings released: EPS: €0.44 (vs €0.37 in FY 2023) Full year 2024 results: EPS: €0.44 (up from €0.37 in FY 2023). Revenue: €901.3m (up 12% from FY 2023). Net income: €87.0m (up 18% from FY 2023). Profit margin: 9.7% (in line with FY 2023). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 14% per year. Declared Dividend • Mar 31
Dividend increased to €0.80 Dividend of €0.80 is 208% higher than last year. Ex-date: 19th May 2025 Payment date: 21st May 2025 Dividend yield will be 6.7%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (68% earnings payout ratio) and cash flows (52% cash payout ratio). The dividend has increased by an average of 21% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Mar 30
Technogym S.p.A. announces Annual dividend, payable on May 21, 2025 Technogym S.p.A. announced Annual dividend of EUR 0.3000 per share payable on May 21, 2025, ex-date on May 19, 2025 and record date on May 20, 2025. Reported Earnings • Aug 05
First half 2024 earnings released: EPS: €0.16 (vs €0.14 in 1H 2023) First half 2024 results: EPS: €0.16 (up from €0.14 in 1H 2023). Revenue: €402.1m (up 8.7% from 1H 2023). Net income: €31.1m (up 9.4% from 1H 2023). Profit margin: 7.7% (in line with 1H 2023). Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Upcoming Dividend • May 13
Upcoming dividend of €0.26 per share Eligible shareholders must have bought the stock before 20 May 2024. Payment date: 22 May 2024. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (3.2%). Reported Earnings • Mar 27
Full year 2023 earnings released Full year 2023 results: Revenue: €808.1m (up 12% from FY 2022). Net income: €73.6m (up 16% from FY 2022). Profit margin: 9.1% (up from 8.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Leisure industry in Europe. Reported Earnings • Aug 07
First half 2023 earnings released: EPS: €0.14 (vs €0.12 in 1H 2022) First half 2023 results: EPS: €0.14 (up from €0.12 in 1H 2022). Revenue: €370.0m (up 14% from 1H 2022). Net income: €28.5m (up 21% from 1H 2022). Profit margin: 7.7% (up from 7.2% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 5% per year. Upcoming Dividend • May 15
Upcoming dividend of €0.25 per share at 3.0% yield Eligible shareholders must have bought the stock before 22 May 2023. Payment date: 24 May 2023. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of British dividend payers (5.9%). Higher than average of industry peers (2.4%). Reported Earnings • Apr 02
Full year 2022 earnings released: EPS: €0.32 (vs €0.31 in FY 2021) Full year 2022 results: EPS: €0.32 (up from €0.31 in FY 2021). Revenue: €721.5m (up 18% from FY 2021). Net income: €63.6m (flat on FY 2021). Profit margin: 8.8% (down from 10% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Board Change • Feb 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. Chairman of the Board of Statutory Auditors Francesca Donato was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Duyuru • Jan 22
Technogym S.p.A., Annual General Meeting, May 05, 2023 Technogym S.p.A., Annual General Meeting, May 05, 2023. Agenda: To consider and approve the Financial Statement 2022. Buying Opportunity • Sep 23
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 8.7%. The fair value is estimated to be €7.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 13%. Revenue is forecast to grow by 23% in 2 years. Earnings is forecast to grow by 49% in the next 2 years. Reported Earnings • Aug 05
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €30.4m from profit in 1H 2021). Profit margin: (down from 11% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 13%, compared to a 10% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 11% per year. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €6.11, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 15x in the Leisure industry in Europe. Total loss to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €6.43 per share. Upcoming Dividend • May 16
Upcoming dividend of €0.16 per share Eligible shareholders must have bought the stock before 23 May 2022. Payment date: 25 May 2022. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of British dividend payers (4.9%). Lower than average of industry peers (2.5%). Reported Earnings • Aug 04
First half 2021 earnings released: EPS €0.15 (vs €0.03 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €276.3m (up 24% from 1H 2020). Net income: €30.4m (up 400% from 1H 2020). Profit margin: 11% (up from 2.7% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Upcoming Dividend • May 17
Upcoming dividend of €0.22 per share Eligible shareholders must have bought the stock before 24 May 2021. Payment date: 26 May 2021. Trailing yield: 2.0%. Lower than top quartile of British dividend payers (4.1%). Higher than average of industry peers (1.7%). Reported Earnings • Apr 17
Full year 2020 earnings released: EPS €0.18 (vs €0.41 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €509.7m (down 24% from FY 2019). Net income: €36.0m (down 57% from FY 2019). Profit margin: 7.1% (down from 12% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Reported Earnings • Mar 26
Full year 2020 earnings released: EPS €0.18 (vs €0.41 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €509.7m (down 24% from FY 2019). Net income: €36.0m (down 57% from FY 2019). Profit margin: 7.1% (down from 12% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Mar 11
New 90-day high: €10.08 The company is up 9.0% from its price of €9.26 on 10 December 2020. The British market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.17 per share. Is New 90 Day High Low • Feb 11
New 90-day high: €9.75 The company is up 22% from its price of €7.99 on 12 November 2020. The British market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.32 per share. Valuation Update With 7 Day Price Move • Nov 18
Market bids up stock over the past week After last week's 17% share price gain to €9.42, the stock is trading at a trailing P/E ratio of 30x, up from the previous P/E ratio of 25.6x. This compares to an average P/E of 19x in the Leisure industry in Europe. Total returns to shareholders over the past three years are 20%. Is New 90 Day High Low • Nov 16
New 90-day high: €9.10 The company is up 24% from its price of €7.31 on 18 August 2020. The British market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.20 per share. Valuation Update With 7 Day Price Move • Nov 10
Market bids up stock over the past week After last week's 30% share price gain to €8.33, the stock is trading at a trailing P/E ratio of 25.7x, up from the previous P/E ratio of 19.8x. This compares to an average P/E of 17x in the Leisure industry in Europe. Total returns to shareholders over the past three years are 7.0%. Valuation Update With 7 Day Price Move • Nov 05
Market bids up stock over the past week After last week's 16% share price gain to €6.86, the stock is trading at a trailing P/E ratio of 21.6x, up from the previous P/E ratio of 18.7x. This compares to an average P/E of 17x in the Leisure industry in Europe. Total return to shareholders over the past three years is a loss of 12%. Is New 90 Day High Low • Oct 14
New 90-day low: €7.01 The company is down 7.0% from its price of €7.52 on 16 July 2020. The British market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.20 per share. Is New 90 Day High Low • Sep 26
New 90-day low: €7.01 The company is down 8.0% from its price of €7.59 on 26 June 2020. The British market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.69 per share.