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EMAK SPA (IT:EM)
:EM

EMAK SPA (EM) Price & Analysis

9 Followers

EM Stock Chart & Stats

€0.89
>-€0.01(-0.97%)
At close: 4:00 PM EST
€0.89
>-€0.01(-0.97%)

Bulls Say, Bears Say

Bulls Say
Diversified Revenue StreamsEMAK’s business mixes equipment sales with replacement parts and after‑sales service sold through distributors and dealers. The installed base and aftermarket provide recurring, higher‑margin opportunities over time, reducing reliance on single transactional cycles and supporting steady cash flows.
Positive Cash GenerationIn 2025 EMAK produced positive operating cash flow (~€43.5M) and FCF (~€23.9M). Sustained positive free cash flow enables funding of maintenance capex, working capital and shareholder returns internally, improving resilience and providing capacity to invest in product or distribution initiatives over the medium term.
Improving LeverageLeverage is moderate for an industrial manufacturer and trending down (debt/equity ~0.94 in 2025 from ~1.02 in 2024). This improvement enhances financial flexibility, reduces refinancing risk and gives management more scope to allocate cash toward strategic actions rather than urgent deleveraging in adverse cycles.
Bears Say
Thin Profitability & Weakening ReturnsDespite a gross margin rebound, net margin remains very thin (~2.2% in 2025) and ROE has fallen materially to ~4.9% from double‑digit levels in prior years. Persistently low margins and declining returns indicate weaker earnings power and limited capital efficiency, constraining long‑term shareholder value creation.
Choppy Revenue TrendsTop‑line has been uneven—2025 revenue fell ~2.1% after modest 2024 growth and a down 2023—reducing predictability for capacity, inventory and distributor planning. Structural revenue volatility makes sustained margin improvement and investment planning harder, increasing execution risk across cycles.
Inconsistent Cash ConversionFree cash flow is uneven (including negative FCF in 2022) and in 2025 covered only about half of net income; operating cash relative to debt is modest (~0.20). This inconsistent cash conversion limits capacity to sustainably deleverage, fund growth projects or absorb shocks without external financing.

EMAK SPA News

EM FAQ

What was EMAK SPA’s price range in the past 12 months?
EMAK SPA lowest stock price was €0.71 and its highest was €1.05 in the past 12 months.
    What is EMAK SPA’s market cap?
    EMAK SPA’s market cap is €145.22M.
      When is EMAK SPA’s upcoming earnings report date?
      EMAK SPA’s upcoming earnings report date is May 20, 2026 which is in 45 days.
        How were EMAK SPA’s earnings last quarter?
        EMAK SPA released its earnings results on Mar 12, 2026. The company reported -€0.046 earnings per share for the quarter, missing the consensus estimate of N/A by -€0.046.
          Is EMAK SPA overvalued?
          According to Wall Street analysts EMAK SPA’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does EMAK SPA pay dividends?
            EMAK SPA pays a Annually dividend of €0.025 which represents an annual dividend yield of 2.74%. See more information on EMAK SPA dividends here
              What is EMAK SPA’s EPS estimate?
              EMAK SPA’s EPS estimate for its next earnings report is not yet available.
              How many shares outstanding does EMAK SPA have?
              EMAK SPA has 163,934,830 shares outstanding.
                What happened to EMAK SPA’s price movement after its last earnings report?
                EMAK SPA reported an EPS of -€0.046 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -3.873%.
                  Which hedge fund is a major shareholder of EMAK SPA?
                  Currently, no hedge funds are holding shares in IT:EM
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    EMAK SPA

                    Emak S.p.A., together with its subsidiaries, develops, manufactures, and markets various products in the outdoor power equipment, pumps and high pressure water jetting, and components and accessories business areas. The company offers brush cutters, lawnmowers, garden tractors, chainsaws, tillers, motor hoes, and walking tractors for gardening, forestry, and agricultural activities under the Oleo-Mac, Efco, Bertolini, Nibbi, and Staub brands. It also provides centrifugal pumps, diaphragm pumps, piston pumps, and components for applications on spraying and weeding machines; low, high, and very high pressure piston pumps, hydrodynamic units, and accessories for water blasting and machines for urban cleaning; and pressure washers, floor washing-drying machines, and vacuum cleaners under the Comet, HPP, Lemasa, PTC Waterjetting Equipment, PTC Urban Cleaning Equipment, Poli, and Lavor brand names. In addition, the company offers line and heads for brush-cutters; chainsaw accessories; pistols, valves, and nozzles for pressure cleaners and agricultural applications; precision farming products, such as sensors and computers; and technical seats and spare parts for tractors under the Tecomec, Geoline, Agres, Mecline, Markusson, and Sabart brands, as well as other third-party brands. The company has operations in Italy, rest of Europe, the Americas, Asia, Africa, and Oceania. Emak S.p.A. was founded in 1972 and is headquartered in Bagnolo in Piano, Italy. Emak S.p.A. is a subsidiary of Yama S.p.A.

                    EMAK SPA (EM) Earnings & Revenues

                    EM Stock 12 Month Forecast

                    Average Price Target

                    €1.60
                    ▲(79.78% Upside)
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