ANIMA Holding S.p.A. (ANIM) AI Stock Analysis

• Market Cap: €1.90B
• Dividend Yield: 7.46%
• Average Volume (3M): 177.09K
• Price to Earnings (P/E): 7.7
• Beta (1Y): 0.53
• Revenue Growth: 23.31%
• EPS Growth: 46.88%
• Country: IT
• Employees: 494
• Sector: Consumer Defensive
• Sector Strength: 58
• Industry: Asset Management
• EPS (TTM): 0.25
• Shares Outstanding: 325,215,820
• 10 Day Avg. Volume: 138,163
• 30 Day Avg. Volume: 177,089
• PEG Ratio: 2.79
• Price to Book (P/B): 1.12
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 7.00
• 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: €6.50
• Price Target Upside: 7.62% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 76 Outperform
• Price Target: €6.50 ▲(7.62%Upside)

ANIMA Holding's strong financial performance and attractive valuation are key strengths. The zero cash flows pose a risk to liquidity but do not overshadow the overall positive outlook.

ANIMA Holding S.p.A. Business Overview & Revenue Model

Company Description

ANIMA Holding S.p.A. (ANIM) is an Italy-based company primarily engaged in the asset management sector. The company offers a diverse range of financial products and services, including mutual funds, pension funds, and institutional investment solutions. ANIMA Holding is recognized for its strong presence in the Italian asset management market, catering to both retail and institutional clients through a network of financial advisors, banks, and other financial intermediaries.

How the Company Makes Money

ANIMA Holding S.p.A. generates revenue primarily through management fees charged on the assets under management (AUM) in its various funds and investment products. These fees are typically calculated as a percentage of the total AUM, providing a stable and recurring income stream. The company may also earn performance fees if the funds exceed certain predefined benchmarks or performance targets. Furthermore, ANIMA Holding benefits from distribution agreements with financial institutions and banks, expanding its reach to a broader client base and enhancing its revenue opportunities. The company's ability to maintain strong relationships with these partners and continuously attract new investments is crucial to its financial success.

ANIMA Holding S.p.A. Financial Statement Overview

Summary

ANIMA Holding demonstrates strong revenue growth and profitability with a solid balance sheet. However, the zero operating and free cash flows present a significant risk to liquidity.

Income Statement

ANIMA Holding has demonstrated a strong financial performance with consistent revenue growth from 2023 to 2024. The revenue growth rate from 2023 to 2024 was approximately 28.96%, indicating a robust upward trajectory. The gross profit margin for 2024 was 42.06%, and the net profit margin was 17.28%, both of which reflect healthy profitability levels. EBIT and EBITDA margins were also strong at 31.45% and 32.05%, respectively, showcasing operational efficiency. These metrics suggest good revenue management and cost efficiency, although there is room for improvement in net profit margin.

Balance Sheet

The balance sheet of ANIMA Holding shows a stable financial position with a debt-to-equity ratio of 0.36 in 2024, indicating moderate leverage. The return on equity (ROE) was 13.86%, reflecting a good return on shareholders' investments. The equity ratio stood at 61.12%, indicating a strong capital structure and low financial risk. Although the company has a solid equity base, the slight increase in total debt warrants monitoring.

Cash Flow

ANIMA Holding's cash flow statement indicates some challenges in terms of cash generation. The operating cash flow in 2024 was reported as zero, which is concerning as it suggests the company is not generating cash from its core operations. Additionally, the free cash flow was also zero, highlighting potential liquidity issues. These factors suggest a need to improve operational cash management to ensure sufficient liquidity for future growth and investment.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.32B	1.02B	1.02B	1.23B	989.98M
Gross Profit	557.89M	388.41M	309.99M	440.69M	344.49M
EBITDA	422.69M	279.74M	243.50M	374.83M	296.38M
Net Income	227.92M	148.88M	120.80M	238.66M	155.37M
Balance Sheet
Total Assets	2.69B	2.39B	2.33B	2.53B	2.21B
Cash, Cash Equivalents and Short-Term Investments	649.16M	207.55M	475.21M	585.30M	5.00K
Total Debt	611.30M	603.06M	669.33M	700.62M	552.02M
Total Liabilities	1.03B	948.90M	943.47M	1.09B	896.65M
Stockholders Equity	1.64B	1.43B	1.39B	1.45B	1.31B
Cash Flow
Free Cash Flow	279.57M	-128.06M	79.75M	410.62M	128.29M
Operating Cash Flow	282.14M	-125.83M	83.80M	413.04M	132.00M
Investing Cash Flow	-25.14M	-63.96M	-3.98M	-2.40M	-2.12M
Financing Cash Flow	-119.59M	-116.39M	-190.53M	-112.70M	-105.16M

ANIMA Holding S.p.A. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6.04
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:ANIM, the sentiment is Positive. The current price of 6.04 is above the 20-day moving average (MA) of 6.03, above the 50-day MA of 5.96, and above the 200-day MA of 5.95, indicating a bullish trend. The MACD of 0.02 indicates Positive momentum. The RSI at 52.48 is Neutral, neither overbought nor oversold. The STOCH value of 49.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IT:ANIM.

ANIMA Holding S.p.A. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ANIM	76 Outperform	€1.90B	7.67	16.42%	7.46%	23.31%	46.88%
AZM	72 Outperform	€4.19B	7.39	31.12%	5.87%	-3.05%	26.73%
Sector *	70 Neutral	€2.80B	17.20	8.89%	3.56%	5.47%	-7.07%
TIP	56 Neutral	€1.35B	38.57	2.48%	2.00%	-97.91%	-58.31%

ANIMA Holding S.p.A. Corporate Events

ANIMA Holding Reports June 2025 Asset Management Figures

ANIMA Holding reported a net collection of €-16 million in June 2025, with total assets under management reaching €205.5 billion. The retail segment showed strong performance, contributing positively to profitability, while the institutional segment experienced volatility due to the end of a pension fund mandate. Despite this, the institutional category has performed well since the beginning of the year.

The most recent analyst rating on (IT:ANIM) stock is a Hold with a EUR5.00 price target. To see the full list of analyst forecasts on ANIMA Holding S.p.A. stock, see the IT:ANIM Stock Forecast page.

ANIMA Holding Reports Strong Inflows and Near-Historic Asset Levels

ANIMA Holding reported a net inflow of €623 million for May 2025, driven by strong performance in the retail sector and a new equity mandate from a pension fund. The company’s total assets under management reached €205.2 billion, nearing historical highs, which is expected to positively impact performance fees in the future.

The most recent analyst rating on (IT:ANIM) stock is a Hold with a EUR4.80 price target. To see the full list of analyst forecasts on ANIMA Holding S.p.A. stock, see the IT:ANIM Stock Forecast page.

ANIMA Holding Reports April 2025 Net Outflows Amid Market Turbulence

ANIMA Holding reported net outflows of €147 million in April 2025, with total assets under management reaching €201.7 billion. Despite recent market turbulence, the company has seen significant retail inflows exceeding one billion euros in the first four months of the year, indicating a qualitative improvement in assets under management and a positive trend in revenue-to-average-assets ratio.

ANIMA Holding Reports Strong Q1 2025 Financial Results

ANIMA Holding S.p.A. reported strong financial results for Q1 2025, with a 10% increase in total consolidated revenues to €134.6 million and a 36% rise in net profit to €71.8 million. The company attributes its success to strategic acquisitions and partnerships, notably its integration with Banco BPM Group, which is expected to drive further growth. Despite a slight decrease in normalized net profit, ANIMA’s financial position remains robust, supported by cash generation and capital gains.