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

• Market Cap: €456.51M
• Dividend Yield: 4.47%
• Average Volume (3M): 187.30K
• Price to Earnings (P/E): 7.2
• Beta (1Y): 0.61
• Revenue Growth: -14.79%
• EPS Growth: -64.42%
• Country: IT
• Employees: 3,140
• Sector: Consumer Goods
• Sector Strength: N/A
• Industry: Business Equipment & Supplies
• EPS (TTM): 0.19
• Shares Outstanding: 42,976,440
• 10 Day Avg. Volume: 95,555
• 30 Day Avg. Volume: 187,299
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: €15.45
• Price Target Upside: 72.63% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 66 Neutral
• Price Target: €9.50 ▲(6.15% Upside)

F.I.L.A. Fabbrica Italiana Lapis ed Affini S.p.A. scores a 66, driven by solid financial performance and attractive valuation. The company's profitability and stable balance sheet are strengths, but challenges include declining revenue and free cash flow growth. Technical analysis indicates bearish momentum, which could pose short-term risks. The stock's low P/E ratio and high dividend yield offer potential value for investors.

Positive Factors

Debt Management

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

Financial Position

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

Operational Efficiency

The FY24 EBITDA adjusted margin improved significantly, indicating better operational efficiency.

Negative Factors

Market Environment

Sales in the US were affected by a weak consumption environment, uncertainty due to tariffs, and reduced government spending for schools.

Net Profit

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

Sales Performance

1H25 sales decreased by 3% at constant forex yoy (-7.5% in 2Q25 yoy at constant forex).

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. produces and markets coloring, designing, modelling, writing, and painting objects worldwide. It provides pencils, crayons, modelling clays, chalks, oil colors, acrylics, watercolors, paints, and paper products for the fine arts, school, and leisure sectors. The company offers its products under the GIOTTO, DAS, LYRA, Canson, Maimeri, Daler-Rowney Lukas, Ticonderoga, Pacon, Strathmore, Princeton, and Arches brands. It sells its products through a distribution network of 35 commercial branches to wholesalers, office/school suppliers, mass-market retailers, distributors, and B2B operators, as well as online channels. The company was founded in 1920 and is headquartered in Pero, Italy.

How the Company Makes Money

FILA generates revenue through the sale of its wide array of products in the stationery and art supplies sectors. Key revenue streams include the sale of writing instruments, coloring products, and art supplies to both retail and wholesale customers. The company has established significant partnerships with educational institutions and retailers, which enhance its market reach and distribution capabilities. Additionally, FILA benefits from brand loyalty and recognition, allowing it to maintain a competitive edge in the marketplace. The company's commitment to product innovation and sustainability also attracts a growing customer base, further contributing to its earnings.

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

Summary

The company's financial statements reflect a stable financial foundation with challenges in revenue growth and profitability. While the balance sheet is strong with prudent debt management, and cash flow generation remains robust, the recent decline in profitability metrics and inconsistent revenue growth 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	161.46M	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	108.61M	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: Negative
• Last Price: 8.95
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:FILA, the sentiment is Negative. The current price of 8.95 is above the 20-day moving average (MA) of 8.67, below the 50-day MA of 9.22, and below the 200-day MA of 9.72, indicating a neutral trend. The MACD of -0.11 indicates Negative momentum. The RSI at 51.12 is Neutral, neither overbought nor oversold. The STOCH value of 86.53 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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
FILA	66 Neutral	€456.51M	7.17	11.06%	4.47%	-14.79%	-64.42%
Sector *	57 Neutral	$3.37B	8.64	-34.32%	2.92%	-25.56%	-353.61%
0E3C	―	€237.39M	58.04	1.01%	―	―	―
0EA2	―	€94.67M	19.41	3.09%	―	―	―
B7C0	―	€483.82M	4.93	14.82%	―	―	―
ARIS	60 Neutral	€1.64B	698.53		1.70%	-14.92%	-98.68%
AV	54 Neutral	€356.23M	―		―	-1.20%	―