Ariston Holding NV (ARIS) AI Stock Analysis

• Market Cap: €1.79B
• Dividend Yield: 3.79%
• Average Volume (3M): 242.30K
• Price to Earnings (P/E): 752.9
• Beta (1Y): 1.09
• Revenue Growth: -14.92%
• EPS Growth: -98.68%
• Country: IT
• Employees: 9,947
• Sector: Utilities
• Sector Strength: 80
• Industry: Business Equipment & Supplies
• EPS (TTM): 0.06
• Shares Outstanding: 125,505,005
• 10 Day Avg. Volume: 214,492
• 30 Day Avg. Volume: 242,296
• PEG Ratio: -2.51
• Price to Book (P/B): 1.24
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 17.56
• 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: €4.48
• Price Target Upside: -12.50% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 4

• Rating: 66 Neutral
• Price Target: €5.00 ▼(-2.34%Downside)

Ariston Holding NV's stable financial position and strong cash flow management are key strengths, but challenges in revenue growth and declining profit margins are significant concerns. The technical indicators suggest the stock is currently overbought, and the high P/E ratio indicates a potential overvaluation. These factors combined lead to a moderately cautious stock score.

Ariston Holding NV Business Overview & Revenue Model

Company Description

Ariston Holding NV (ARIS) is a global leader in the thermal comfort industry, specializing in the production and distribution of heating and water heating solutions. The company operates through multiple sectors, providing a wide range of products including boilers, heat pumps, water heaters, and burners. Ariston is known for its commitment to energy efficiency and sustainability, offering innovative solutions tailored to both residential and commercial applications.

How the Company Makes Money

Ariston Holding NV generates revenue primarily through the sale of its wide range of heating and water heating products. The company's key revenue streams include the residential sector, where it provides solutions for individual homes, and the commercial sector, serving businesses and industrial clients. Ariston's earnings are significantly bolstered by its extensive distribution network and strategic partnerships, which enable the company to reach a global customer base. Furthermore, Ariston invests in research and development to innovate and enhance its product offerings, ensuring a competitive edge in energy-efficient and sustainable solutions. The company also benefits from after-sales services and maintenance contracts, providing additional revenue streams.

Ariston Holding NV Financial Statement Overview

Summary

Ariston Holding NV exhibits a stable financial position with robust cash flow management and a strong balance sheet, despite challenges in revenue growth and declining profit margins. Improvements in operational efficiency and cost management could enhance profitability.

Income Statement

Ariston Holding NV shows moderate performance in its income statement. The gross profit margin has been consistent but has seen a decrease from previous highs, suggesting some cost pressures. Net profit margin has significantly declined, indicating challenges in maintaining bottom-line profitability. Revenue growth rate is negative, showing a concerning decline in sales over the latest period. The EBIT and EBITDA margins have also decreased, reflecting operational inefficiencies or increased costs.

Balance Sheet

The balance sheet is fairly strong with a solid equity base. The debt-to-equity ratio is moderate, suggesting manageable leverage levels. However, there has been a slight increase in debt in the most recent period. Return on equity has declined, pointing to reduced efficiency in generating returns for shareholders. The equity ratio shows a stable proportion of equity financing, indicating financial stability.

Cash Flow

Cash flow metrics indicate a solid cash position with free cash flow improving over time. The operating cash flow to net income ratio is strong, showing good cash generation ability relative to profits. Free cash flow to net income ratio has improved, suggesting effective capital expenditure management. However, free cash flow growth has been inconsistent in recent years, which might pose future challenges.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
2.90B	2.68B	3.15B	2.38B	1.99B	1.66B
	Gross Profit
1.16B	993.50M	1.28B	765.10M	674.00M	633.00M
	EBIT
136.00M	63.30M	285.70M	193.70M	171.20M	149.10M
	EBITDA
274.65M	202.30M	420.80M	286.70M	250.30M	220.50M
	Net Income Common Stockholders
57.70M	2.50M	191.20M	140.30M	136.50M	96.70M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.01B	369.20M	456.40M	1.01B	700.50M	462.50M
	Total Assets
2.88B	3.57B	3.87B	2.88B	2.32B	1.82B
	Total Debt
932.70M	901.40M	1.02B	932.70M	492.30M	594.10M
	Net Debt
-66.70M	550.60M	569.20M	-66.70M	-197.40M	141.60M
	Total Liabilities
1.87B	2.14B	2.37B	1.87B	1.44B	1.38B
	Stockholders Equity
1.01B	1.43B	1.50B	1.01B	878.30M	446.50M
Cash Flow		Free Cash Flow
195.20M	190.70M	144.90M	52.30M	112.60M	209.00M
	Operating Cash Flow
321.20M	306.50M	303.50M	130.90M	190.70M	253.50M
	Investing Cash Flow
-181.30M	-134.60M	-709.90M	-133.80M	-84.70M	-67.90M
	Financing Cash Flow
-101.70M	-264.30M	-123.40M	322.10M	101.90M	-35.20M

Ariston Holding NV Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5.12
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:ARIS, the sentiment is Positive. The current price of 5.12 is above the 20-day moving average (MA) of 4.75, above the 50-day MA of 4.31, and above the 200-day MA of 3.99, indicating a bullish trend. The MACD of 0.20 indicates Negative momentum. The RSI at 69.32 is Neutral, neither overbought nor oversold. The STOCH value of 87.16 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IT:ARIS.

Ariston Holding NV Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IG	79 Outperform	€7.02B	12.48	20.21%	5.87%	-3.34%	8.88%
A2A	77 Outperform	€7.22B	8.73	16.17%	4.34%	2.73%	6.02%
ENEL	76 Outperform	€80.82B	11.39	25.20%	5.42%	-7.85%	63.65%
PRY	71 Outperform	€16.69B	23.80	15.32%	1.37%	20.34%	25.32%
ERG	67 Neutral	€2.82B	14.74	8.74%	5.31%	-0.39%	6.12%
ARIS	66 Neutral	€1.79B	752.94		3.79%	-14.92%	-98.68%
Sector *	64 Neutral	$8.55B	10.42	4.24%	4.64%	4.05%	-13.04%

Ariston Holding NV Corporate Events

Ariston Holding N.V. Approves AGM Resolutions and Dividend Distribution

Ariston Holding N.V. held its Annual General Meeting, where all voting items on the agenda were approved, including the reappointment of Antonia Di Bella and Guido Krass as non-executive directors. The meeting also approved a dividend distribution of 0.08€ per share, payable on June 25, 2025. This decision reflects Ariston’s stable financial position and commitment to shareholder returns.

The most recent analyst rating on (IT:ARIS) stock is a Buy with a EUR5.80 price target. To see the full list of analyst forecasts on Ariston Holding NV stock, see the IT:ARIS Stock Forecast page.

Ariston Holding NV Reports Strong Q1 2025 Performance and Confirms 2025 Guidance

Ariston Holding NV reported a solid performance in Q1 2025, with a 2.4% organic revenue growth and a 100bps improvement in adjusted EBIT margin. The company confirmed its 2025 guidance, expecting organic net revenue growth between 0% and 3% and an adjusted EBIT margin higher than 7%, driven by efficiency initiatives. The return of its Russian subsidiary is expected to contribute gradually in 2025. The company’s strategic focus on market diversification and product optimization has allowed it to maintain stability amidst global uncertainties.

Ariston Holding N.V. Announces 2025 Annual General Meeting

Ariston Holding N.V. has announced its annual general meeting (AGM) for shareholders, scheduled to take place on June 3, 2025, at the Hilton Amsterdam Airport Schiphol. The agenda includes discussions and voting on the annual report, remuneration report, dividend distribution, director reappointments, and amendments to incentive plans and remuneration policy. This meeting is significant for stakeholders as it addresses key governance and financial decisions that could impact the company’s strategic direction and shareholder value.

Ariston Group Approves 2024 Annual Report Highlighting Sustainability

Ariston Holding N.V. has approved its Annual Report 2024, which includes the Sustainability Statement 2024 aligned with their 2030 sustainability strategy. The report, prepared in accordance with the Dutch Civil Code and IFRS, highlights the company’s commitment to sustainability and governance, potentially reinforcing its market position and stakeholder confidence.

Ariston Group Regains Control of Russian Subsidiary

Ariston Holding N.V. has regained full control and management of its Russian subsidiary, Ariston Thermo Rus LLC, following a new presidential decree by Russia that nullifies a previous decree which had transferred the subsidiary to Gazprom’s management. This reinstatement reflects the Russian authorities’ appreciation for Ariston’s longstanding investments and commitment to its Russian operations and employees. The development requires Ariston’s Board of Directors to revisit a previous decision to deconsolidate the subsidiary and record associated losses.