MTAATISG
Market cap400mUSD
Dec 23, Last price
7.27EUR
1D
-0.55%
1Q
-13.66%
IPO
30.76%
Name
Italian Sea Group SpA
Chart & Performance
P/E
10.44
P/S
1.08
EPS
0.70
Div Yield, %
3.74%
Shrs. gr., 5y
19.50%
Rev. gr., 5y
39.15%
Revenues
356m
+22.15%
Net income
37m
+53.50%
CFO
25m
-60.59%
Dividend
May 20, 20240.37 EUR/sh
Earnings
Apr 29, 2025
Profile
The Italian Sea Group S.p.A. operates in the luxury yachting industry. It is involved in the design, production and marketing of yachts and super yachts, motor, and sailing, made of fiberglass, aluminum and steel that ranges between 17 and over 100 meters under the Admiral, Tecnomar, Perini Navi, and Picchiotti brands. The company also offers refit services with a focus on motor and sailing yachts under the NCA Refit brand. The company was founded in 1942 and is based in Marina di Carrara, Italy. The Italian Sea Group S.p.A. is a subsidiary of GC Holding S.P.A.
Valuation
Title EUR in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | |
| Income | ||||||
Revenues | 356,092 22.15% | 291,510 66.80% | 174,767 54.73% | |||
Cost of revenue | 236,419 | 191,202 | 114,427 | |||
Unusual Expense (Income) | ||||||
NOPBT | 119,673 | 100,308 | 60,340 | |||
NOPBT Margin | 33.61% | 34.41% | 34.53% | |||
Operating Taxes | 8,331 | 5,368 | 1,831 | |||
Tax Rate | 6.96% | 5.35% | 3.03% | |||
NOPAT | 111,342 | 94,940 | 58,509 | |||
Net income | 36,911 53.50% | 24,046 47.32% | 16,322 161.78% | |||
Dividends | (14,415) | (9,716) | (6,235) | |||
Dividend yield | 3.30% | 3.23% | ||||
Proceeds from repurchase of equity | 44,574 | |||||
BB yield | ||||||
| Debt | ||||||
Debt current | 12,484 | 15,193 | 11,480 | |||
Long-term debt | 69,996 | 87,105 | 39,604 | |||
Deferred revenue | 16,871 | 36,070 | ||||
Other long-term liabilities | 5,380 | (12,139) | (31,757) | |||
Net debt | 4,738 | 17,836 | (34,938) | |||
| Cash flow | ||||||
Cash from operating activities | 25,367 | 64,368 | 36,754 | |||
CAPEX | (2,746) | (19,836) | (23,770) | |||
Cash from investing activities | 1,002 | (103,792) | (26,265) | |||
Cash from financing activities | (31,273) | 35,127 | 57,182 | |||
FCF | 120,025 | 34,957 | 36,819 | |||
| Balance | ||||||
Cash | 76,413 | 81,317 | 85,615 | |||
Long term investments | 1,329 | 3,145 | 407 | |||
Excess cash | 59,937 | 69,886 | 77,284 | |||
Stockholders' equity | 63,411 | 55,846 | 47,172 | |||
Invested Capital | 151,114 | 141,636 | 89,253 | |||
ROIC | 76.07% | 82.24% | 81.97% | |||
ROCE | 56.70% | 50.56% | 43.85% | |||
| EV | ||||||
Common stock shares outstanding | 53,000 | 53,000 | 53,000 | |||
Price | 8.23 45.15% | 5.67 | ||||
Market cap | 436,190 45.15% | 300,510 | ||||
EV | 440,928 | 318,346 | ||||
EBITDA | 131,192 | 110,197 | 64,539 | |||
EV/EBITDA | 3.36 | 2.89 | ||||
Interest | 6,445 | 4,228 | 3,275 | |||
Interest/NOPBT | 5.39% | 4.22% | 5.43% | |||