Ariston Holding NV (ARIS) AI Stock Analysis

• Market Cap: €1.63B
• Dividend Yield: 1.71%
• Average Volume (3M): 169.75K
• Price to Earnings (P/E): 688.8
• Beta (1Y): 1.09
• Revenue Growth: -14.92%
• EPS Growth: -98.68%
• Country: IT
• Employees: 9,947
• Sector: Utilities
• Sector Strength: 84
• Industry: Business Equipment & Supplies
• EPS (TTM): 0.05
• Shares Outstanding: 125,505,005
• 10 Day Avg. Volume: 188,114
• 30 Day Avg. Volume: 169,747
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: €4.45
• Price Target Upside: -4.91% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 2

• Rating: 60 Neutral
• Price Target: €5.00 ▲(6.84% Upside)

The overall stock score of 59.7 reflects a stable financial position with solid cash flow management but is weighed down by high valuation concerns and moderate technical indicators. The lack of revenue growth and declining profit margins are significant risks. The stock's high P/E ratio suggests it may be overvalued, which is a critical factor in the overall assessment.

Ariston Holding NV Business Overview & Revenue Model

Company Description

Ariston Holding N.V., through its subsidiaries, produces and distributes hot water and space heating solutions for commercial and residential use worldwide. The company operates in three divisions: Thermal Comfort, Burners, and Components. It offers water heating products, such as heat pumps, gas storage and gas instant water heaters, cylinders, solar, and electric storage and electric instant water heaters; space heating products comprising boilers, heat pumps, hybrid systems, air conditioning products, thermostats, and direct services and parts; and domestic heat-recovery ventilation, air handling, and combined heat and power services. The company also provides burners and components. It offers its products under the Ariston, Elco, Chaffoteaux, Racold, Calorex, NTI, HTP, ATAG, Thermowatt, Cuenod, and Ecoflam brands. Ariston Holding N.V. was founded in 1930 and is headquartered in Milan, Italy. Ariston Holding N.V. is a subsidiary of Merloni Holding S.P.A.

How the Company Makes Money

Ariston Holding NV makes money through the sale of its heating and water heating products across residential, commercial, and industrial sectors. The company's revenue model is primarily based on direct sales to distributors, retailers, and end-users. Key revenue streams include the sale of traditional water heaters and boilers, as well as innovative solutions like heat pumps and solar thermal systems which cater to evolving market demands for energy efficiency. Ariston's earnings are significantly influenced by its global distribution network, strategic partnerships with local distributors, and its investment in research and development to produce cutting-edge, eco-friendly technologies. The company's focus on expanding its presence in emerging markets and adapting to regulatory changes related to energy efficiency also contributes to its revenue growth.

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
EBITDA	274.65M	202.30M	420.80M	286.70M	250.30M	220.50M
Net Income	57.70M	2.50M	191.20M	140.30M	136.50M	96.70M
Balance Sheet
Total Assets	2.88B	3.57B	3.87B	2.88B	2.32B	1.82B
Cash, Cash Equivalents and Short-Term Investments	1.01B	369.20M	456.40M	1.01B	700.50M	462.50M
Total Debt	932.70M	901.40M	1.02B	932.70M	492.30M	594.10M
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: 4.68
• 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:ARIS, the sentiment is Positive. The current price of 4.68 is above the 20-day moving average (MA) of 4.61, above the 50-day MA of 4.57, and above the 200-day MA of 4.03, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 54.05 is Neutral, neither overbought nor oversold. The STOCH value of 72.48 is Neutral, 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
Sector *	72 Outperform	€14.38B	49.27	13.35%	4.69%	0.08%	15.77%
ARIS	60 Neutral	€1.63B	688.82		1.71%	-14.92%	-98.68%
0N54	―	€6.80B	8.21	16.17%	―	―	―
0MHD	―	€4.21B	10.91	14.47%	―	―	―
0N4J	―	€10.35B	47.31	2.21%	―	―	―
0MUN	―	€3.30B	10.76	9.99%	―	―	―
0NJP	―	€4.50B	30.95	15.10%	―	―	―

Ariston Holding NV Corporate Events

Ariston Holding NV Reports Strong Q2 2025 Results and Confirms 2025 Guidance

Ariston Holding NV reported a 3.6% organic revenue growth and a 50 basis points margin improvement in Q2 2025, with net revenues reaching 1,292 million euros in H1 2025. The company confirmed its 2025 guidance with a narrowed range on net revenues, driven by European heating demand and an optimized product mix. Ariston continues to focus on long-term investments and strategic partnerships, such as with Lennox in North America, to enhance its market position and drive future growth.

The most recent analyst rating on (IT:ARIS) stock is a Buy with a EUR5.00 price target. To see the full list of analyst forecasts on Ariston Holding NV stock, see the IT:ARIS Stock Forecast page.

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.