Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €3.02, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Entertainment industry in Italy. Total returns to shareholders of 242% over the past three years. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to €1.99, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Entertainment industry in Italy. Total returns to shareholders of 176% over the past three years. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €2.21, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Entertainment industry in Europe. Total returns to shareholders of 239% over the past three years. Price Target Changed • Jan 07
Price target increased by 7.5% to €2.83 Up from €2.63, the current price target is an average from 6 analysts. New target price is 28% above last closing price of €2.21. Stock is up 75% over the past year. New Risk • Jan 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 6.8% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Share price has been highly volatile over the past 3 months (6.8% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.8% net profit margin). Market cap is less than US$100m (€18.2m market cap, or US$21.4m). New Risk • Nov 17
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 3.8% 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 Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Share price has been volatile over the past 3 months (3.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.8% net profit margin). Market cap is less than US$100m (€15.3m market cap, or US$17.8m). Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €1.91, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Entertainment industry in Europe. Total returns to shareholders of 191% over the past three years. Major Estimate Revision • Oct 12
Consensus EPS estimates fall by 26% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from €0.196 to €0.146 per share. Revenue forecast steady at €135.1m. Net income forecast to grow 285% next year vs 23% growth forecast for Entertainment industry in Italy. Consensus price target of €2.68 unchanged from last update. Share price rose 9.3% to €1.59 over the past week. New Risk • Oct 09
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.8% net profit margin). Market cap is less than US$100m (€14.9m market cap, or US$17.2m). Major Estimate Revision • Jul 17
Consensus EPS estimates fall by 22% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from €0.251 to €0.196. Revenue forecast unchanged from €135.8m at last update. Net income forecast to grow 288% next year vs 24% growth forecast for Entertainment industry in Italy. Consensus price target of €2.66 unchanged from last update. Share price was steady at €1.31 over the past week. Reported Earnings • Jul 02
Full year 2024 earnings released Full year 2024 results: Revenue: €122.1m (up 10% from FY 2023). Net income: €937.6k (down 43% from FY 2023). Profit margin: 0.8% (down from 1.5% in FY 2023). Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Entertainment industry in Italy. New Risk • Jun 25
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.8% Last year net profit margin: 1.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). High level of non-cash earnings (30% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (0.8% net profit margin). Market cap is less than US$100m (€25.2m market cap, or US$29.3m). Duyuru • Jun 17
Casta Diva Group S.p.A., Annual General Meeting, Jun 30, 2025 Casta Diva Group S.p.A., Annual General Meeting, Jun 30, 2025, at 15:00 W. Europe Standard Time. Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €1.22, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 5x in the Entertainment industry in Italy. Total returns to shareholders of 314% over the past three years. Duyuru • Feb 02
Casta Diva Group S.p.A. to Report Q4, 2024 Results on May 28, 2025 Casta Diva Group S.p.A. announced that they will report Q4, 2024 results on May 28, 2025 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. 8 experienced directors. No highly experienced directors. Independent Director Mauro Lorini was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Duyuru • Feb 01
Casta Diva Group S.p.A. to Report First Half, 2025 Results on Sep 30, 2025 Casta Diva Group S.p.A. announced that they will report first half, 2025 results on Sep 30, 2025 Duyuru • Dec 31
Casta Diva Group S.p.A. acquired First Class S.R.L. Casta Diva Group S.p.A. agreed to acquire First Class S.R.L. on December 30, 2024.
Casta Diva Group S.p.A. completed acquisition of First Class S.R.L. Upcoming Dividend • Nov 18
Inaugural dividend of €0.035 per share Eligible shareholders must have bought the stock before 25 November 2024. Payment date: 27 November 2024. This is the first dividend for Casta Diva Group since going public. The average dividend yield among industry peers is 1.9%. Major Estimate Revision • Oct 07
Consensus EPS estimates fall by 11% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from €0.20 to €0.179. Revenue forecast unchanged from €120.1m at last update. Net income forecast to grow 111% next year vs 25% growth forecast for Entertainment industry in Italy. Consensus price target broadly unchanged at €2.61. Share price rose 3.5% to €1.30 over the past week. New Risk • Aug 08
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 5.4% 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 Risks Debt is not well covered by operating cash flow (7.1% operating cash flow to total debt). High level of non-cash earnings (97% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Market cap is less than US$100m (€28.5m market cap, or US$31.2m). New Risk • Jul 08
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 97% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (7.1% operating cash flow to total debt). High level of non-cash earnings (97% accrual ratio). Minor Risk Market cap is less than US$100m (€28.4m market cap, or US$30.7m). Reported Earnings • Jun 30
Full year 2023 earnings released Full year 2023 results: Revenue: €111.5m (up 33% from FY 2022). Net income: €1.64m (up 8.8% from FY 2022). Profit margin: 1.5% (down from 1.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Entertainment industry in Italy. Duyuru • Jun 13
Casta Diva Group S.p.A., Annual General Meeting, Jun 27, 2024 Casta Diva Group S.p.A., Annual General Meeting, Jun 27, 2024, at 15:00 W. Europe Standard Time. Valuation Update With 7 Day Price Move • May 28
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €1.71, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 4x in the Entertainment industry in Italy. Total returns to shareholders of 341% over the past three years. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €1.59, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 7x in the Entertainment industry in Italy. Total returns to shareholders of 290% over the past three years. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €1.30, the stock trades at a trailing P/E ratio of 22.1x. Average forward P/E is 5x in the Entertainment industry in Italy. Total returns to shareholders of 198% over the past three years. Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €1.16, the stock trades at a trailing P/E ratio of 19.8x. Average forward P/E is 5x in the Entertainment industry in Italy. Total returns to shareholders of 183% over the past three years. Reported Earnings • Oct 05
First half 2023 earnings released First half 2023 results: EPS: €0.078. Revenue: €50.5m (up 21% from 1H 2022). Net income: €1.55m (down 18% from 1H 2022). Profit margin: 3.1% (down from 4.5% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Entertainment industry in Italy. New Risk • Oct 01
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (42% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.0% average weekly change). Profit margins are more than 30% lower than last year (1.3% net profit margin). Shareholders have been diluted in the past year (3.4% increase in shares outstanding). Market cap is less than US$100m (€25.7m market cap, or US$27.1m). Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €1.41, the stock trades at a trailing P/E ratio of 18.5x. Average forward P/E is 7x in the Entertainment industry in Italy. Total returns to shareholders of 193% over the past three years. New Risk • Jul 10
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.8% average weekly change). Minor Risks Shareholders have been diluted in the past year (3.4% increase in shares outstanding). Market cap is less than US$100m (€24.1m market cap, or US$26.5m). Price Target Changed • Jul 03
Price target increased by 23% to €1.85 Up from €1.50, the current price target is provided by 1 analyst. New target price is 47% above last closing price of €1.26. Stock is up 76% over the past year. Reported Earnings • Jul 02
Full year 2022 earnings released Full year 2022 results: Revenue: €84.0m (up 206% from FY 2021). Net income: €1.51m (up 246% from FY 2021). Profit margin: 1.8% (up from 1.6% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Entertainment industry in Italy. Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to €1.07, the stock trades at a trailing P/E ratio of 6.3x. Average forward P/E is 8x in the Entertainment industry in Italy. Total returns to shareholders of 162% over the past three years. Price Target Changed • Nov 16
Price target increased to €1.50 Up from €1.25, the current price target is provided by 1 analyst. New target price is 117% above last closing price of €0.69. Stock is up 89% over the past year. The company posted earnings per share of €0.022 last year. Reported Earnings • Oct 02
First half 2022 earnings released: EPS: €0 (vs €0 in 1H 2021) First half 2022 results: EPS: €0 (in line with 1H 2021). Revenue: €41.7m (up 319% from 1H 2021). Net income: €1.88m (up €2.80m from 1H 2021). Profit margin: 4.5% (up from net loss in 1H 2021). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Entertainment industry in Italy. Reported Earnings • Oct 01
First half 2021 earnings released The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: €9.95m (up 53% from 1H 2020). Net loss: €914.6k (loss narrowed 33% from 1H 2020). Reported Earnings • Jul 03
Full year 2020 earnings released The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: €17.4m (down 53% from FY 2019). Net loss: €3.40m (loss widened €2.97m from FY 2019). Is New 90 Day High Low • Feb 25
New 90-day low: €0.42 The company is down 11% from its price of €0.47 on 26 November 2020. The Italian market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 1.0% over the same period. Is New 90 Day High Low • Oct 26
New 90-day low: €0.41 The company is down 10.0% from its price of €0.45 on 28 July 2020. The Italian market is down 4.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Entertainment industry, which is down 20% over the same period. Is New 90 Day High Low • Oct 05
New 90-day low: €0.41 The company is down 20% from its price of €0.51 on 07 July 2020. The Italian market is down 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is down 12% over the same period.