Abitare In SpA (ABT) AI Stock Analysis

• Market Cap: €79.58M
• Dividend Yield: N/A
• Average Volume (3M): 43.91K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.38
• Revenue Growth: -73.55%
• EPS Growth: -7.83%
• Country: IT
• Employees: 54
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): <0.01
• Shares Outstanding: 26,614,960
• 10 Day Avg. Volume: 29,015
• 30 Day Avg. Volume: 43,912
• PEG Ratio: -2.04
• Price to Book (P/B): 0.68
• Price to Sales (P/S): 2.39
• P/FCF Ratio: -2.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €4.50
• Price Target Upside: 49.01% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): 0.23
• Revenue Forecast (FY): €100.50M

• Rating: 46 Neutral
• Price Target: €3.00 ▼(-0.66% Downside)
• Action: Reiterated Date: 02/18/26
• Date: Action: Reiterated 02/18/26

The score is primarily constrained by weak financial performance (loss-making TTM results and negative operating/free cash flow) and a harder-to-justify valuation due to the negative P/E. Technicals are relatively neutral and provide only modest support.

Positive Factors

Integrated development model

Vertical integration across land acquisition, permitting, construction and marketing supports better margin control and schedule management. Over months this reduces reliance on third parties for key milestones, helps preserve spreads on projects and enables faster response to regulatory or construction delays.

Prime market focus

Concentrating on medium-to-high-end residential and urban-regeneration projects in Milan targets resilient demand and pricing power versus lower-end segments. This structural positioning can sustain pricing and pre-sales rates over time and supports margin stability in periods of broader market softness.

Equity cushion vs assets

A material equity base relative to assets provides a capital buffer to absorb project cost overruns or timing mismatches. Over a multi-month horizon this balance-sheet capacity supports securing project financing, underwriting new developments and negotiating with lenders without immediate distress sales.

Negative Factors

Negative operating cash flow

Sustained negative operating and free cash flow forces reliance on external funding or asset sales to fund construction and working capital. Over months this raises execution risk on ongoing projects, pressures liquidity covenants and increases borrowing costs, constraining growth and margin recovery.

Rising leverage

Leverage increasing materially in a short period reduces financial flexibility and amplifies downside in weaker market conditions. Higher debt levels can limit ability to finance new developments on favorable terms, increase interest burden, and force prioritization of cash preservation over growth initiatives.

Profitability deterioration

Recent swing to negative EBIT and net income after prior strong years indicates earnings volatility and weaker margin durability. Over a multi-month horizon this raises uncertainty about repeatable profitability, making it harder to rebuild retained earnings and support investment without dilutive financing.

Abitare In SpA Business Overview & Revenue Model

Company Description

Abitare In S.p.A. engages in the real estate development activities. The company develops, constructs, and markets residential buildings and apartments in Milan. Abitare In S.p.A. was founded in 2015 and is headquartered in Milan, Italy.

How the Company Makes Money

Abitare In SpA generates revenue primarily through the sale and leasing of residential properties. The company develops and sells new housing units, which is a significant portion of its revenue stream. Additionally, ABT earns income from property management services, which involve maintaining and managing residential complexes for owners and investors. The company may also engage in strategic partnerships with local governments and private entities for urban development projects, which can provide additional financial backing and resources. Other revenue sources may include consulting services related to real estate development and potential joint ventures that allow the company to expand its market reach and profitability.

Abitare In SpA Financial Statement Overview

Summary

Financials are pressured: despite 6.2% TTM revenue growth, TTM net income and EBIT are negative, leverage has risen (debt ~1.47x equity), and cash generation is weak with negative TTM operating cash flow and free cash flow (~-16.6M and ~-16.9M).

Income Statement

TTM (Trailing-Twelve-Months) revenue grew 6.2%, but profitability is weak and volatile: TTM net income is negative (-2.3M) with a very low net margin, and EBIT is also negative. Results were strong in FY2023 (meaningful profits) and FY2024 (high margins), but FY2025 profitability deteriorated sharply versus the prior year, suggesting earnings quality and repeatability are a key concern.

Balance Sheet

The balance sheet is moderately leveraged: debt is ~1.47x equity in TTM/FY2025, higher than FY2023 (~0.80x), indicating leverage has risen. Equity is sizable (~108M) relative to the asset base (~370M), but returns on equity are currently very low in TTM/FY2025, reflecting weak recent profitability and reducing balance-sheet flexibility if the downturn persists.

Cash Flow

Cash generation is the biggest pressure point. TTM (Trailing-Twelve-Months) operating cash flow and free cash flow are both negative (about -16.6M and -16.9M), and FY2025 also shows deeply negative operating/free cash flow. This is a clear reversal from FY2023, when operating and free cash flow were strongly positive, increasing reliance on external funding or balance-sheet capacity during weaker periods.

Breakdown	TTM	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021
Income Statement
Total Revenue	56.97M	30.58M	26.43M	252.41M	25.55M	54.47M
Gross Profit	63.30M	-6.71M	71.80M	95.93M	105.19M	22.29M
EBITDA	8.83M	11.53M	17.91M	37.07M	15.88M	20.00M
Net Income	-2.26M	384.04K	5.78M	24.29M	7.89M	12.19M
Balance Sheet
Total Assets	369.71M	368.90M	307.92M	279.12M	383.87M	257.98M
Cash, Cash Equivalents and Short-Term Investments	4.22M	7.91M	23.09M	44.14M	32.37M	13.78M
Total Debt	156.68M	158.69M	112.21M	84.86M	148.55M	88.88M
Total Liabilities	258.62M	257.84M	196.95M	169.47M	287.87M	185.15M
Stockholders Equity	107.81M	107.67M	107.34M	105.85M	92.07M	72.37M
Cash Flow
Free Cash Flow	-16.93M	-36.59M	-25.69M	93.75M	-51.13M	-46.72M
Operating Cash Flow	-16.64M	-36.42M	-24.34M	94.86M	-49.94M	-45.51M
Investing Cash Flow	-27.36M	-28.12M	-8.31M	-15.11M	-4.41M	-3.89M
Financing Cash Flow	39.63M	55.67M	17.51M	-83.20M	72.94M	27.70M

Abitare In SpA Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.02
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:ABT, the sentiment is Positive. The current price of 3.02 is above the 20-day moving average (MA) of 2.90, above the 50-day MA of 2.90, and above the 200-day MA of 2.97, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 64.07 is Neutral, neither overbought nor oversold. The STOCH value of 79.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IT:ABT.

Abitare In SpA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
IGD	60 Neutral	€455.71M	23.35	2.01%	2.98%	-3.16%	―
ABT	46 Neutral	€79.58M	-34.03	―	―	-73.55%	-7.83%
RN	40 Underperform	€28.81M	-1.19	-200.02%	―	273.44%	23.12%

Abitare In SpA Corporate Events

Abitare In Publishes 2025 Annual Financial Report and Governance Documentation

Abitare In S.p.A. has published its Annual Financial Report as of 30 September 2025, including separate and consolidated financial statements, management report, auditors’ reports, and corporate governance and remuneration documentation, making these materials available at its headquarters, on its website and via an authorized storage mechanism in line with regulatory requirements. The comprehensive disclosure reinforces the company’s transparency and governance standards, providing shareholders and the market with full visibility on its financial performance and oversight structures as it continues to pursue sustainable growth in Milan’s residential development market.

The most recent analyst rating on (IT:ABT) stock is a Hold with a EUR3.00 price target. To see the full list of analyst forecasts on Abitare In SpA stock, see the IT:ABT Stock Forecast page.

AbitareIn S.p.A. Proposes Treasury Share Authorization and Policy Update

AbitareIn S.p.A.’s Board of Directors approved a report on their remuneration policy and proposed a shareholder meeting to authorize the purchase and disposal of treasury shares. This initiative aims to support the company’s strategic goals, including employee stock-based incentive plans, acquisitions, and ensuring liquidity for operational and financial flexibility, signifying a proactive approach to enhance shareholder value and sector competitiveness.

The most recent analyst rating on (IT:ABT) stock is a Hold with a EUR3.00 price target. To see the full list of analyst forecasts on Abitare In SpA stock, see the IT:ABT Stock Forecast page.

Abitare In S.p.A. Reports 2025 Financial Results Amidst Operational Challenges

Abitare In S.p.A. has approved its financial statements for the year ending September 30, 2025, reporting consolidated revenues of €104.6 million and a net profit of €0.2 million. Despite an increase in revenues, the company faced challenges due to administrative delays in authorization processes and increased costs, impacting its margins. The company has initiated a joint venture for a residential project in Rome and launched its first co-living residential building through its subsidiary Homizy, reflecting its strategic focus on operational activities and new partnerships.

The most recent analyst rating on (IT:ABT) stock is a Hold with a EUR3.00 price target. To see the full list of analyst forecasts on Abitare In SpA stock, see the IT:ABT Stock Forecast page.