Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €9.54, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Machinery industry in Italy. Total loss to shareholders of 5.5% over the past three years. Upcoming Dividend • May 11
Upcoming dividend of €0.20 per share Eligible shareholders must have bought the stock before 18 May 2026. Payment date: 20 May 2026. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Italian dividend payers (4.6%). Higher than average of industry peers (1.0%). Duyuru • Apr 17
ErreDue S.p.A., Annual General Meeting, Apr 30, 2026 ErreDue S.p.A., Annual General Meeting, Apr 30, 2026, at 17:00 W. Europe Standard Time. Price Target Changed • Apr 14
Price target increased by 18% to €12.75 Up from €10.80, the current price target is an average from 2 analysts. New target price is 61% above last closing price of €7.92. Stock is up 4.2% over the past year. Declared Dividend • Apr 02
Dividend increased to €0.20 Dividend of €0.20 is 25% higher than last year. Ex-date: 18th May 2026 Payment date: 20th May 2026 Dividend yield will be 2.6%, which is higher than the industry average of 1.1%. Sustainability & Growth The dividend has decreased over the past 26 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 218% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Apr 01
ErreDue S.p.A. announces Annual dividend, payable on May 20, 2026 ErreDue S.p.A. announced Annual dividend of EUR 0.2000 per share payable on May 20, 2026, ex-date on May 18, 2026 and record date on May 19, 2026. New Risk • Feb 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (€53.4m market cap, or US$63.1m). Major Estimate Revision • Oct 02
Consensus revenue estimates fall by 31% The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €26.2m to €18.1m. EPS estimate fell from €0.565 to €0.317 per share. Net income forecast to grow 5.4% next year vs 26% growth forecast for Machinery industry in Italy. Consensus price target up from €10.30 to €10.80. Share price was steady at €7.20 over the past week. Duyuru • May 28
ErreDue S.p.A. announces Annual dividend, payable on May 28, 2025 ErreDue S.p.A. announced Annual dividend of EUR 0.1600 per share payable on May 28, 2025, ex-date on May 26, 2025 and record date on May 27, 2025. Price Target Changed • May 13
Price target decreased by 15% to €10.30 Down from €12.15, the current price target is provided by 1 analyst. New target price is 32% above last closing price of €7.80. Stock is down 21% over the past year. The company is forecast to post earnings per share of €0.50 for next year compared to €0.43 last year. New Risk • Apr 19
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (€45.0m market cap, or US$51.3m). Duyuru • Apr 16
ErreDue S.p.A., Annual General Meeting, Apr 28, 2025 ErreDue S.p.A., Annual General Meeting, Apr 28, 2025, at 17:00 W. Europe Standard Time. Buy Or Sell Opportunity • Apr 08
Now 22% overvalued Over the last 90 days, the stock has fallen 6.5% to €7.15. The fair value is estimated to be €5.85, 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 year. Earnings per share has grown by 15%. Revenue is forecast to grow by 124% in 2 years. Earnings are forecast to grow by 111% in the next 2 years. Buy Or Sell Opportunity • Jan 31
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 7.2% to €7.40. The fair value is estimated to be €6.12, 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 year. Earnings per share has grown by 15%. Revenue is forecast to grow by 100% in 2 years. Earnings are forecast to grow by 100% in the next 2 years. New Risk • Nov 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Market cap is less than US$100m (€47.5m market cap, or US$49.4m). Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €7.60, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Machinery industry in Italy. Total loss to shareholders of 4.2% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €5.55 per share. Buy Or Sell Opportunity • Nov 21
Now 24% overvalued Over the last 90 days, the stock has fallen 27% to €6.85. The fair value is estimated to be €5.54, 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 year. Earnings per share has declined by 9.9%. Revenue is forecast to grow by 100% in 2 years. Earnings are forecast to grow by 100% in the next 2 years. Major Estimate Revision • Oct 15
Consensus EPS estimates increase by 28%, revenue downgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from €19.5m to €18.1m. EPS estimate rose from €0.25 to €0.32. Net income forecast to shrink 0.09% next year vs 24% growth forecast for Machinery industry in Italy . Consensus price target down from €12.55 to €12.15. Share price was steady at €7.80 over the past week. Major Estimate Revision • Oct 08
Consensus EPS estimates fall by 15% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €19.0m to €18.5m. EPS estimate also fell from €0.445 per share to €0.38 per share. Net income forecast to grow 13% next year vs 24% growth forecast for Machinery industry in Italy. Consensus price target of €12.55 unchanged from last update. Share price fell 2.3% to €8.50 over the past week. Reported Earnings • Oct 06
First half 2024 earnings released First half 2024 results: Revenue: €8.13m (down 7.5% from 1H 2023). Net income: €1.04m (down 33% from 1H 2023). Profit margin: 13% (down from 18% in 1H 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 40% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Italy. Buy Or Sell Opportunity • Jul 26
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 2.1% to €9.70. The fair value is estimated to be €8.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 31% per annum. Earnings are also forecast to grow by 34% per annum over the same time period. Buy Or Sell Opportunity • Jul 06
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 8.9% to €9.80. The fair value is estimated to be €8.14, however this is not to be taken as a sell recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 31% per annum. Earnings are also forecast to grow by 34% per annum over the same time period. New Risk • Aug 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (5.1% average weekly change). Market cap is less than US$100m (€58.0m market cap, or US$63.9m). New Risk • Jun 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Market cap is less than US$100m (€16.2m market cap, or US$17.5m).