Biesse SPA (BSS) AI Stock Analysis

• Market Cap: €213.47M
• Dividend Yield: 0.51%
• Average Volume (3M): 57.13K
• Price to Earnings (P/E): 56.9
• Beta (1Y): 1.03
• Revenue Growth: -3.86%
• EPS Growth: -69.97%
• Country: IT
• Employees: 3,900
• Sector: Industrials
• Sector Strength: 93
• Industry: Industrial - Machinery
• EPS (TTM): N/A
• Shares Outstanding: 27,402,594
• 10 Day Avg. Volume: 53,750
• 30 Day Avg. Volume: 57,133
• PEG Ratio: -2.62
• Price to Book (P/B): 0.82
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -55.90
• 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: €8.10
• Price Target Upside: 3.98% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 60 Neutral
• Price Target: €8.50 ▲(9.11%Upside)

The overall stock score is primarily impacted by financial performance challenges, including declining revenue and negative free cash flow, which raise concerns about liquidity. Technical analysis provides a positive outlook with bullish indicators, but the high P/E ratio suggests potential overvaluation, limiting the attractiveness of the stock.

Positive Factors

Industrial Efficiency

Industrial efficiency and fixed costs’ reduction helped mitigate the impact on profitability.

Order Intake

Order intake returned to growth with an increase of 3.7%, marking a positive shift after a period of steady contraction.

Negative Factors

EBITDA Reduction

EBITDA significantly decreased to EUR 4.4M from EUR 16.8M, impacted by operating leverage.

Financial Targets

The company's financial targets have been lowered, with FY25E-26E EBITDA estimates cut by an average of 21%.

Revenue Decline

Revenues in the quarter declined by 21.7% to EUR 153.3M, influenced negatively by the macro and geopolitical scenario.

Biesse SPA Business Overview & Revenue Model

Company Description

Biesse S.p.A. (BSS) is an Italian company that specializes in the design and manufacture of machinery and systems for processing wood, glass, stone, plastic, and metal. Established in 1969 and headquartered in Pesaro, Italy, Biesse operates through various sectors including woodworking machinery, glass and stone processing machines, and mechatronics. The company provides innovative and high-tech solutions to a global clientele, serving industries such as furniture manufacturing, construction, and interior design.

How the Company Makes Money

Biesse S.p.A. generates revenue primarily through the sale of its machinery and systems designed for processing materials like wood, glass, stone, and more. The company earns income by selling these products directly to businesses involved in manufacturing and construction, as well as through after-sales services including maintenance and support. In addition, Biesse offers software solutions and digital services that complement its machinery, enhancing customer operations and creating additional revenue streams. Key partnerships with industry leaders and a strong focus on research and development also contribute to its revenue, enabling Biesse to offer cutting-edge technology and maintain a competitive edge in the market.

Biesse SPA Financial Statement Overview

Summary

Biesse SPA faces declining revenue and profitability, impacting its income statement score. The balance sheet remains stable with moderate leverage, but the decrease in equity ratio and return on equity affects performance. Cash flow challenges, particularly negative free cash flow, highlight potential liquidity issues. Overall, Biesse SPA needs to focus on improving revenue growth and profitability while managing cash flow effectively.

Income Statement

Biesse SPA's revenue has declined from 822.4M in 2022 to 754.7M in 2024, showing negative growth. The gross profit margin decreased from 54.9% in 2023 to 55.6% in 2024, indicating slight improvement. Net profit margin decreased significantly to 0.5% in 2024 from 1.6% in 2023, reflecting reduced profitability. EBIT and EBITDA margins were also lower in 2024, contributing to a moderate score.

Balance Sheet

The company maintains a moderate debt-to-equity ratio of 0.79 in 2024, reflecting balanced leverage. The equity ratio improved to 32.2% in 2024 from 40.2% in 2023, suggesting a stable financial position. Return on equity decreased to 1.4% in 2024, indicating lower returns to shareholders. Overall, the balance sheet shows stability despite lower profitability.

Cash Flow

Free cash flow turned negative in 2024 at -5.2M compared to 4.1M in 2023, showing a decline in cash generation. The operating cash flow to net income ratio decreased, reflecting weaker cash conversion efficiency. Despite the challenges, the company effectively managed capital expenditures, but the negative free cash flow impacts the score.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	754.70M	785.00M	822.42M	742.20M	578.79M
Gross Profit	419.45M	449.38M	451.34M	396.46M	312.69M
EBITDA	50.41M	53.78M	73.93M	73.41M	39.14M
Net Income	3.75M	12.48M	30.25M	34.02M	2.53M
Balance Sheet
Total Assets	818.22M	649.80M	727.13M	722.77M	658.29M
Cash, Cash Equivalents and Short-Term Investments	203.75M	104.87M	145.58M	154.20M	190.42M
Total Debt	207.03M	28.13M	26.34M	27.54M	136.98M
Total Liabilities	554.85M	388.36M	466.34M	473.56M	443.48M
Stockholders Equity	263.37M	261.45M	260.55M	248.37M	214.02M
Cash Flow
Free Cash Flow	-5.21M	4.06M	20.09M	89.72M	72.94M
Operating Cash Flow	14.30M	16.14M	39.65M	103.88M	88.22M
Investing Cash Flow	-76.14M	-15.31M	-11.05M	-8.35M	-38.38M
Financing Cash Flow	137.64M	-19.63M	-30.23M	-132.65M	30.22M

Biesse SPA Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 7.79
• 50DMA: Positive
• 100DMA: Positive
• 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:BSS, the sentiment is Positive. The current price of 7.79 is above the 20-day moving average (MA) of 7.68, above the 50-day MA of 7.33, and above the 200-day MA of 7.43, indicating a bullish trend. The MACD of 0.14 indicates Positive momentum. The RSI at 58.76 is Neutral, neither overbought nor oversold. The STOCH value of 60.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IT:BSS.

Biesse SPA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DAN	79 Outperform	€2.45B	7.48	10.20%	0.83%	1.26%	37.35%
DANR	79 Outperform	€2.40B	5.58	10.20%	1.19%	1.26%	37.35%
IP	76 Outperform	€3.78B	17.65	11.06%	0.88%	-6.36%	-15.46%
Sector *	67 Neutral	€2.78B	23.14	7.73%	2.84%	-1.25%	-31.40%
SAB	67 Neutral	€159.35M	27.37	3.89%	4.08%	16.53%	-20.56%
BSS	60 Neutral	€213.47M	56.94	1.43%	0.51%	-3.86%	-69.97%
TES	59 Neutral	€39.72M	―	1.52%	―	-4.80%	-237.04%

Biesse SPA Corporate Events

Biesse S.p.A. Announces Board Resignation and Upcoming Appointment

Biesse S.p.A. announced the resignation of Prof. Massimiliano Bruni, an independent non-executive director and member of the Control, Risks and Sustainability Committee, due to personal reasons. The company will compensate him according to the Remuneration Policy for his tenure, with no additional severance benefits. The Board of Directors plans to appoint a new director soon. This change in the board may impact the company’s strategic direction and governance, but the immediate effect on operations or stakeholders is not specified.

The most recent analyst rating on (IT:BSS) stock is a Hold with a EUR9.50 price target. To see the full list of analyst forecasts on Biesse SPA stock, see the IT:BSS Stock Forecast page.

Biesse S.p.A. Concludes Share Subscription Period Amid Bylaw Amendments

Biesse S.p.A. announced the conclusion of a subscription period for an option and pre-emption offer related to the company’s shares. Following the resolution to amend the company’s bylaws to introduce strengthened voting rights, a small percentage of shares were exercised for option and pre-emption rights. The remaining shares, representing 1.7799% of the company’s share capital, may be placed on the market to third parties. This move could impact Biesse’s market positioning and shareholder value.

The most recent analyst rating on (IT:BSS) stock is a Hold with a EUR9.50 price target. To see the full list of analyst forecasts on Biesse SPA stock, see the IT:BSS Stock Forecast page.

Biesse S.p.A. Announces Leadership Change with CEO Resignation

Biesse S.p.A. announced the resignation of Dr. Massimo Potenza from his roles as managing director, chief executive officer, and general manager to pursue new professional opportunities. The company has appointed Chairman Roberto Selci as the new Managing Director, ensuring continuity in leadership. The resignation includes a financial settlement and the continuation of a non-compete agreement, reflecting the company’s commitment to maintaining its strategic direction and long-term value creation for stakeholders.

The most recent analyst rating on (IT:BSS) stock is a Hold with a EUR9.50 price target. To see the full list of analyst forecasts on Biesse SPA stock, see the IT:BSS Stock Forecast page.

Biesse S.p.A. Implements Strengthened Voting Rights Amid Shareholder Withdrawals

Biesse S.p.A. announced the registration of a resolution that introduces strengthened voting rights for shareholders, following an extraordinary shareholders’ meeting. Shareholders who opposed the resolution had the right to withdraw their shares, with a total of 489,664 shares being withdrawn, representing 1.7869% of the company’s share capital. The resolution remains effective as the withdrawal did not exceed the financial threshold that would nullify it, allowing the company to proceed with offering the withdrawn shares to remaining shareholders.

The most recent analyst rating on (IT:BSS) stock is a Hold with a EUR9.50 price target. To see the full list of analyst forecasts on Biesse SPA stock, see the IT:BSS Stock Forecast page.

Biesse S.p.A. Faces Revenue Decline Amid Economic Uncertainties

Biesse S.p.A. reported a challenging first quarter of 2025 with a significant decline in consolidated net revenues by 21.7% compared to the same period in 2024, impacted by macroeconomic uncertainties. The company’s financial performance showed a decrease in adjusted EBITDA and a negative EBIT, reflecting the ongoing difficulties in the market environment, which also led to the withdrawal of their 2024-2026 plan.

The most recent analyst rating on (IT:BSS) stock is a Hold with a EUR9.50 price target. To see the full list of analyst forecasts on Biesse SPA stock, see the IT:BSS Stock Forecast page.

Biesse S.p.A. Introduces Strengthened Voting Rights

Biesse S.p.A. announced the registration of the minutes from its Extraordinary Shareholders’ Meeting, which approved the introduction of strengthened voting rights. Shareholders who did not participate in the approval can exercise their right of withdrawal by May 21, 2025, with a liquidation value of €7.77 per share, based on the average closing prices over the past six months.

Biesse S.p.A. Reports 2024 Financials and Sustainability Initiatives

Biesse S.p.A.’s Shareholders’ Meeting approved the financial statements for 2024, revealing a significant decline in net revenues and profits compared to the previous year. Despite the challenging financial performance, the company resolved to distribute a dividend and appointed Deloitte & Touche S.p.A. for sustainability reporting assurance, indicating a commitment to transparency and sustainability.