Education
About Us
Working with TipRanks
Follow Us
FNM S.p.A. (IT:FNM)
:FNM
Top Page
FNM S.p.A.
(LSE:FNM)
Select Model
Select Model
Rating:63Neutral
Price Target:
€0.50
▲(6.38% Upside)
The overall stock score for FNM S.p.A. is driven by its strong valuation metrics, with a low P/E ratio and attractive dividend yield. However, the financial performance is mixed, with declining revenue growth and high leverage being concerns. Technical analysis indicates a positive trend but warns of potential overbought conditions. The absence of recent earnings call data and notable corporate events limits further insights.
Positive Factors
Negative Factors
FNM S.p.A. (FNM) vs. iShares MSCI Italy ETF (EWI)
Market Cap
€204.84M
Dividend Yield3.91%
Average Volume (3M)873.34K
Price to Earnings (P/E)2.9
Beta (1Y)0.53
Revenue Growth4.05%
EPS Growth-8.73%
CountryIT
Employees2,675
SectorFinancial
Sector Strength70
IndustryRailroads
Share Statistics
EPS (TTM)0.07
Shares Outstanding434,902,560
10 Day Avg. Volume340,796
30 Day Avg. Volume873,339
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€0.60Price Target Upside27.66% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
FNM S.p.A. Business Overview & Revenue Model
Company DescriptionFNM S.p.A. manages and maintains railway network in Italy. The company offers road passenger transport and motorway infrastructure management services; engineering services; design, and works and project management services; and regular transport for workers. It also provides railway and Malpensa express, railway replacement and school bus, freight transportation, and electric car sharing services, as well as digital solutions for transport and mobility, digital payments, and optical fibre. In addition, it provides energy services. The company was formerly known as Ferrovie Nord Milano. The company was founded in 1877 and is headquartered in Milan, Italy.
How the Company Makes MoneyFNM generates revenue through multiple streams, primarily from its passenger and freight transport services. The company earns money by selling tickets for rail and bus services, which is a significant portion of its revenue. Additionally, FNM benefits from government subsidies and contracts for public transportation services, which provide a steady source of income. The company also engages in partnerships with local authorities and other transportation providers to enhance its service offerings and expand its market reach. Furthermore, FNM is involved in real estate and infrastructure projects that contribute to its earnings, including leasing and management of transit-oriented developments.
FNM S.p.A. Financial Statement Overview
Summary
FNM S.p.A. exhibits strong financial health, driven by solid revenue growth, efficient operations, and robust cash flow management. The company enjoys good profitability margins and a commendable return on equity. While leverage is relatively high, the balance sheet remains stable, supported by consistent cash flow generation.Income Statement
FNM S.p.A. shows a robust financial performance in the TTM with a remarkable Gross Profit Margin of 22.8% and a healthy Net Profit Margin of 6.3%. The company has demonstrated consistent revenue growth, with the TTM revenue increasing by 3.4% compared to the previous year. The EBIT and EBITDA margins are strong at 8.1% and 26.1%, respectively, indicating efficient operations and good control over expenses.65
Positive
Balance Sheet
The balance sheet of FNM S.p.A. reflects a stable financial position with a Debt-to-Equity Ratio of 2.35, suggesting moderate leverage. The Equity Ratio stands at 16.3%, indicating a solid equity base. The Return on Equity is an impressive 14.9%, signaling good returns for shareholders. Overall, the company maintains a healthy balance between debt and equity, though the high leverage could pose potential risks in a volatile market.70
Positive
Cash Flow
The cash flow situation is favorable, with an Operating Cash Flow to Net Income Ratio of 2.7, highlighting strong cash generation capabilities. Free Cash Flow has grown by 10.7% compared to the previous year, contributing to financial flexibility. The Free Cash Flow to Net Income Ratio is 0.89, indicating efficient cash conversion from profits. While cash flow management is commendable, ongoing capital expenditures should be monitored to maintain liquidity.60
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 919.64M | 891.85M | 750.97M | 661.10M | 567.93M | 243.75M |
| Gross Profit | 186.69M | 235.12M | 243.28M | 198.05M | 170.23M | 6.05M |
| EBITDA | 254.87M | 239.52M | 228.94M | 195.87M | 150.51M | 68.17M |
| Net Income | 70.89M | 59.33M | 80.86M | 68.48M | 40.88M | 24.18M |
Balance Sheet | ||||||
| Total Assets | 2.34B | 2.35B | 2.11B | 2.02B | 1.92B | 1.15B |
| Cash, Cash Equivalents and Short-Term Investments | 424.35M | 504.16M | 398.55M | 244.64M | 365.14M | 253.34M |
| Total Debt | 32.03M | 925.76M | 846.31M | 905.44M | 972.14M | 154.91M |
| Total Liabilities | 2.34B | 1.94B | 1.74B | 1.71B | 1.69B | 668.60M |
| Stockholders Equity | 407.50M | 374.31M | 355.33M | 283.93M | 206.82M | 457.80M |
Cash Flow | ||||||
| Free Cash Flow | 54.12M | 106.89M | 134.22M | 56.14M | 102.16M | -60.43M |
| Operating Cash Flow | 155.51M | 196.00M | 182.69M | 145.22M | 140.42M | 7.44M |
| Investing Cash Flow | 19.56M | -81.42M | 63.96M | -157.20M | -546.45M | 25.47M |
| Financing Cash Flow | -101.39M | -9.53M | -88.41M | -102.59M | 504.52M | -8.29M |
FNM S.p.A. Technical Analysis
Positive
0.47
Price Trends
0.45
Positive
0.43
Positive
0.42
Positive
Market Momentum
<0.01
Positive
50.88
Neutral
19.21
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:FNM, the sentiment is Positive. The current price of 0.47 is below the 20-day moving average (MA) of 0.48, above the 50-day MA of 0.45, and above the 200-day MA of 0.42, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 50.88 is Neutral, neither overbought nor oversold. The STOCH value of 19.21 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IT:FNM.
FNM S.p.A. Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | €6.10B | 9.42 | 13.83% | 5.90% | -3.55% | 25.09% | |
76 Outperform | €2.10B | 16.85 | 24.60% | ― | -23.49% | -52.00% | |
67 Neutral | €1.38B | 7.78 | 9.33% | 9.27% | -3.63% | -5.12% | |
63 Neutral | €204.84M | 2.89 | 19.00% | 3.91% | 4.05% | -8.73% | |
54 Neutral | €1.04B | 8.74 | 8.67% | 5.89% | -6.81% | -4.79% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
* Financial Sector Average
IT:FNM
FNM S.p.A.
0.47
0.05
12.95%
IT:BFF
BFF Bank SpA
11.15
1.30
13.26%
IT:IF
Banca Ifis SPA
22.86
2.95
14.79%
IT:BPSO
Banca Popolare di Sondrio S.C.p.A.
13.57
7.15
111.47%
IT:BST
Banca Sistema S.p.A.
1.58
0.12
8.24%
IT:BDB
Banco di Desio e Della Brianza SPA
7.75
2.53
48.58%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.