F.I.L.A. Fabbrica Italiana Lapis ed Affini S.p.A. (FILA) AI Stock Analysis

• Market Cap: €505.99M
• Dividend Yield: 8.06%
• Average Volume (3M): 97.92K
• Price to Earnings (P/E): 6.7
• Beta (1Y): 0.62
• Revenue Growth: -15.75%
• EPS Growth: -57.23%
• Country: IT
• Employees: 3,140
• Sector: Industrials
• Sector Strength: 91
• Industry: Business Equipment & Supplies
• EPS (TTM): -0.01
• Shares Outstanding: 42,976,440
• 10 Day Avg. Volume: 84,226
• 30 Day Avg. Volume: 97,915
• PEG Ratio: -0.81
• Price to Book (P/B): 0.80
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 7.33
• 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: €17.50
• Price Target Upside: 76.41% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 70 Outperform
• Price Target: €11.00 ▲(10.89%Upside)

F.I.L.A. Fabbrica Italiana Lapis ed Affini S.p.A. is rated at 70, reflecting a solid financial position with strong cash flow and a healthy balance sheet. The stock's valuation is appealing due to a low P/E ratio and high dividend yield. However, challenges in revenue consistency and profitability dampen the score, compounded by mixed technical signals. The absence of earnings call data and corporate events does not impact the evaluation.

Positive Factors

Debt Management

Net debt decreased by EUR 122.3M, reflecting strong cash flow generation and effective management of financial resources.

Earnings

F.I.L.A. delivered a solid performance, in line with expectations and consistent with the company’s FY25 guidance.

Financial Performance

A dividend for a total of EUR 40.8M was proposed, reflecting a positive financial position.

Negative Factors

Market Uncertainty

Management adopted a more cautious tone, primarily due to ongoing uncertainties in the U.S. market related to potential tariff developments and their broader implications.

Profitability

Group’s adj. net profit decreased to EUR 0.9M, due to one-off and non-cash negative forex losses.

Revenue Performance

FY24 revenues decreased by 2.8% at constant forex, showing the impact of macroeconomic uncertainties and poor performance in certain regions.

F.I.L.A. Fabbrica Italiana Lapis ed Affini S.p.A. Business Overview & Revenue Model

Company Description

F.I.L.A. Fabbrica Italiana Lapis ed Affini S.p.A. (FILA) is a global leader in the production and distribution of art materials, creative instruments, and writing tools. Founded in Italy, the company operates in multiple sectors including art supplies, school and office stationery, and fine arts. FILA's core products include colored pencils, pastels, paints, modeling clay, and writing instruments, catering to diverse customer segments from children to professional artists.

How the Company Makes Money

FILA generates revenue primarily through the sale of its extensive range of art and stationery products. The company has a diverse portfolio of well-known brands such as Giotto, Tratto, Das, and Canson, which are distributed globally. Revenue streams are predominantly derived from wholesale distribution to retailers, direct sales to educational and institutional customers, and e-commerce platforms. FILA also leverages strategic partnerships and acquisitions to expand its market presence, enhancing its product offerings and distribution capabilities. The company's global reach and strong brand recognition are key factors contributing to its financial success.

F.I.L.A. Fabbrica Italiana Lapis ed Affini S.p.A. Financial Statement Overview

Summary

F.I.L.A. demonstrates a stable financial foundation with some challenges in revenue growth and profitability. The balance sheet is strong, with prudent debt management and a solid equity base. Cash flow generation remains robust, supporting operations and investment needs. However, inconsistent revenue and declining profit margins suggest areas for improvement.

Income Statement

The income statement shows a mixed performance. While the company has maintained a positive gross profit margin over the years, the net profit margin has seen fluctuations, notably declining significantly in the latest year. Revenue growth has been inconsistent, with a notable decline in the most recent year, suggesting potential challenges in maintaining sales. The EBIT and EBITDA margins indicate reasonable operational efficiency, but the decline in recent profitability metrics suggests potential areas for improvement.

Balance Sheet

The balance sheet reflects a stable financial position with a strong equity base. The debt-to-equity ratio has improved over time, indicating a conservative leverage approach. Return on equity has shown some volatility but remains positive, indicating a reasonable return to investors. The equity ratio suggests a healthy proportion of equity financing, reducing financial risk. Overall, the balance sheet reveals a sound financial structure with manageable leverage.

Cash Flow

The cash flow statement indicates strong cash generation capabilities, with positive free cash flow in recent years. The operating cash flow to net income ratio suggests efficient conversion of earnings into cash, although this has declined recently. The free cash flow to net income ratio reflects strong cash retention capabilities, although fluctuating free cash flow growth rates indicate some uncertainty in cash flow trends. Overall, the company maintains a robust cash flow position, supporting ongoing operations and investment needs.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	617.01M	612.58M	779.18M	767.28M	655.99M	609.70M
Gross Profit	177.98M	343.18M	198.21M	271.92M	255.30M	225.90M
EBITDA	184.01M	165.00M	289.43M	122.25M	124.43M	83.87M
Net Income	75.06M	81.77M	170.65M	25.27M	38.01M	8.61M
Balance Sheet
Total Assets	1.16B	1.18B	1.19B	1.19B	1.19B	1.14B
Cash, Cash Equivalents and Short-Term Investments	129.48M	176.34M	127.01M	112.06M	149.44M	127.65M
Total Debt	131.00K	357.43M	429.74M	550.42M	576.92M	602.48M
Total Liabilities	540.34M	546.90M	617.06M	765.95M	795.33M	810.06M
Stockholders Equity	620.52M	630.48M	569.87M	399.37M	372.42M	308.01M
Cash Flow
Free Cash Flow	67.94M	78.13M	102.92M	71.66M	110.43M	60.36M
Operating Cash Flow	83.45M	89.05M	133.18M	88.40M	119.14M	74.39M
Investing Cash Flow	59.69M	67.95M	20.54M	-20.44M	-20.57M	-65.29M
Financing Cash Flow	-96.02M	-137.54M	-148.71M	-90.40M	-77.35M	19.45M

F.I.L.A. Fabbrica Italiana Lapis ed Affini S.p.A. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 9.92
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:FILA, the sentiment is Neutral. The current price of 9.92 is above the 20-day moving average (MA) of 9.58, above the 50-day MA of 9.91, and above the 200-day MA of 9.79, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 52.63 is Neutral, neither overbought nor oversold. The STOCH value of 76.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IT:FILA.

F.I.L.A. Fabbrica Italiana Lapis ed Affini S.p.A. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DIS	75 Outperform	€445.45M	3.16	21.22%	13.59%	-15.37%	-21.10%
FILA	70 Outperform	€505.99M	6.70	12.77%	8.06%	-15.75%	-57.23%
Sector *	68 Neutral	€2.71B	19.06	7.73%	3.01%	-1.49%	-31.61%
DAL	63 Neutral	€249.72M	117.18	0.50%	2.58%	-0.62%	-83.77%
ARIS	59 Neutral	€1.55B	654.41		1.80%	-14.92%	-98.68%
AV	54 Neutral	€312.06M	―		―	-1.20%	―