OTCMPIOVF
Market cap735mUSD
May 20, Last price
12.95USD
Name
Piovan SpA
Chart & Performance
Profile
Piovan S.p.A., through its subsidiaries, develops, produces, ad sells automation systems for storage, transport, and processing of plastics, food powders, and non-plastics in Europe, the Middle East, Africa, Asia, North America, and South America. The company offers feeding and conveying products, including automatic and manual coupling stations, feeding and pneumatic material systems, vacuum chambers and receivers, loaders, filters, hoppers, conveying systems, vacuum units, pumps, valves, unloading systems, customized solutions, and production monitoring products; and drying and dehumidifying products, such as dryers and drying systems, automatic injection pressure control and condensing systems, desiccant towers, crystallizers, condensing units, gas heaters, dehumidifiers, retro-fit-conversions, and controllers. It also provides dosing and blending systems comprising blenders, dosing units, and microdosing units; temperature control units; analyzers, moisture and odor minders, and point meters; and granulators, film and edge trimmers, shredders, and de-dusting systems. In addition, the company offers Winfactory 4.0, a production process control and management software; Winenergy, a software for monitoring and analyzing energy consumption; automation and control systems; control and monitoring systems; spare parts; and help desk, maintenance contracts, training, equipment overhauling, engineering, installation, and energy audit services. Its products have applications in PET preforms and bottles, rigid packaging, automotive components, technical parts, medical solutions, thermoforming and technical sheets, flexible films, fibers and strapping, and recycling and compounds, as well as pipes, profiles, and cables. The company was founded in 1934 and is headquartered in Santa Maria di Sala, Italy. Piovan S.p.A. is a subsidiary of Pentafin S.p.A.
Valuation
Title EUR in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 567,675 7.19% | 529,575 85.25% | 285,873 27.60% | |||||||
Cost of revenue | 507,510 | 421,165 | 215,121 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 60,165 | 108,410 | 70,752 | |||||||
NOPBT Margin | 10.60% | 20.47% | 24.75% | |||||||
Operating Taxes | 15,989 | 11,509 | 7,074 | |||||||
Tax Rate | 26.58% | 10.62% | 10.00% | |||||||
NOPAT | 44,176 | 96,901 | 63,678 | |||||||
Net income | 49,400 42.82% | 34,588 22.02% | 28,347 60.67% | |||||||
Dividends | (10,206) | (5,093) | (6,621) | |||||||
Dividend yield | 1.86% | 1.23% | 1.23% | |||||||
Proceeds from repurchase of equity | ||||||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 60,473 | 43,196 | 52,031 | |||||||
Long-term debt | 94,121 | 142,770 | 42,122 | |||||||
Deferred revenue | 11,609 | |||||||||
Other long-term liabilities | 13,621 | 13,694 | (1,000) | |||||||
Net debt | 43,827 | 80,769 | (24,589) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 55,480 | 32,620 | 39,455 | |||||||
CAPEX | (8,414) | (5,840) | (3,182) | |||||||
Cash from investing activities | (9,272) | (112,359) | (6,253) | |||||||
Cash from financing activities | (47,567) | 55,806 | (2,207) | |||||||
FCF | 23,942 | 51,202 | 63,199 | |||||||
Balance | ||||||||||
Cash | 99,341 | 101,180 | 120,094 | |||||||
Long term investments | 11,426 | 4,017 | (1,352) | |||||||
Excess cash | 82,383 | 78,718 | 104,448 | |||||||
Stockholders' equity | 60,414 | 47,559 | 35,890 | |||||||
Invested Capital | 279,138 | 279,680 | 163,297 | |||||||
ROIC | 15.81% | 43.75% | 41.51% | |||||||
ROCE | 17.07% | 31.62% | 35.43% | |||||||
EV | ||||||||||
Common stock shares outstanding | 51,356 | 51,330 | 51,533 | |||||||
Price | 10.70 32.43% | 8.08 -22.68% | 10.45 114.14% | |||||||
Market cap | 549,509 32.49% | 414,746 -22.98% | 538,520 116.68% | |||||||
EV | 595,936 | 497,334 | 515,378 | |||||||
EBITDA | 73,649 | 125,340 | 78,278 | |||||||
EV/EBITDA | 8.09 | 3.97 | 6.58 | |||||||
Interest | 2,704 | 2,246 | 450 | |||||||
Interest/NOPBT | 4.49% | 2.07% | 0.64% |