FOPE S.p.A. (FPE) AI Stock Analysis

• Market Cap: €208.42M
• Dividend Yield: 2.15%
• Average Volume (3M): 1.13K
• Price to Earnings (P/E): 16.9
• Beta (1Y): 0.15
• Revenue Growth: 40.64%
• EPS Growth: 104.21%
• Country: IT
• Employees: 97
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Luxury Goods
• EPS (TTM): 1.04
• Shares Outstanding: 5,399,608
• 10 Day Avg. Volume: 1,150
• 30 Day Avg. Volume: 1,133
• PEG Ratio: -0.93
• Price to Book (P/B): 2.87
• Price to Sales (P/S): 1.76
• P/FCF Ratio: 17.45
• 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: €47.00
• Price Target Upside: 23.68% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 70 Outperform
• Price Target: €44.00 ▲(15.79% Upside)

FOPE S.p.A. demonstrates strong financial performance with consistent revenue growth and solid profitability, which is the most significant factor in its overall score. The technical analysis suggests potential bearish momentum, but the valuation remains fair with a reasonable P/E ratio and attractive dividend yield.

Positive Factors

Revenue Growth

Sustained revenue growth highlights FOPE's successful market expansion and product demand, reinforcing its competitive position in luxury goods.

Cash Flow Management

Strong cash flow management ensures FOPE can fund operations, invest in growth, and maintain financial stability, crucial for long-term success.

Financial Health

A strong balance sheet with manageable debt levels provides FOPE with resilience against economic fluctuations and capacity for strategic investments.

Negative Factors

EBIT and EBITDA Margins

Decreasing margins may indicate cost pressures or increased competition, potentially impacting profitability and requiring strategic cost management.

Operational Efficiency

Rising costs challenge FOPE's operational efficiency, necessitating effective cost control measures to protect margins and sustain growth.

Earnings Growth

Negative EPS growth reflects challenges in translating revenue gains into earnings, potentially affecting investor confidence and future investment capacity.

FOPE S.p.A. Business Overview & Revenue Model

Company Description

FOPE S.p.A. (FPE) is an Italian luxury jewelry manufacturer renowned for its innovative designs and craftsmanship. Established in Vicenza, the heart of Italy's goldsmithing district, FOPE specializes in creating high-end gold and diamond jewelry. The company is particularly recognized for its signature Flex'it technology, which allows for flexible and comfortable wear of its bracelets and necklaces. FOPE operates primarily in the luxury goods sector, targeting both retail and wholesale markets, and its product range includes customizable jewelry pieces that appeal to a discerning clientele.

How the Company Makes Money

FOPE generates revenue through the sale of its luxury jewelry products, which are marketed to high-end retailers and directly to consumers via its own boutiques and online platforms. The company's revenue model is primarily based on direct sales of its jewelry collections, which include rings, bracelets, necklaces, and earrings. Key revenue streams include wholesale distribution to luxury department stores and boutiques, as well as retail sales from FOPE-owned stores. The company also benefits from partnerships with established luxury retailers that enhance its market reach. Additionally, FOPE's innovative Flex'it technology sets it apart in the market, allowing it to command premium pricing for its unique products, thereby contributing significantly to its earnings.

FOPE S.p.A. Financial Statement Overview

Summary

FOPE S.p.A. exhibits strong financial health with consistent revenue growth, solid profitability, and effective cash flow management. The company maintains robust equity and manageable debt levels. However, maintaining operational efficiency amidst rising costs is crucial for sustaining long-term success.

Income Statement

FOPE S.p.A. demonstrates strong revenue growth with a notable increase from €25.9M in 2020 to €73.4M in 2024. The gross profit margin remains healthy, indicating effective cost management. Net profit margin is robust, reflecting profitability improvements. However, the slight decline in EBIT and EBITDA margins from 2023 to 2024 suggests rising operational costs or competitive pressure.

Balance Sheet

The company maintains a solid equity position with a stable debt-to-equity ratio, indicating prudent financial leverage. The return on equity is strong, highlighting efficient use of shareholder capital. A high equity ratio demonstrates sound financial stability. However, the decrease in gross profit may affect future equity growth.

Cash Flow

FOPE S.p.A. shows impressive growth in free cash flow, supported by increased operating cash flows. The operating cash flow to net income ratio indicates efficient cash generation relative to net income. Although free cash flow to net income ratio is positive, it suggests a need for continued focus on cost control and investment efficiency.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	87.39M	73.43M	66.77M	62.16M	40.31M	26.00M
Gross Profit	24.56M	21.13M	23.73M	20.02M	12.36M	6.69M
EBITDA	20.79M	14.91M	16.60M	15.19M	8.87M	3.84M
Net Income	12.37M	8.35M	10.03M	10.74M	4.99M	1.66M
Balance Sheet
Total Assets	77.44M	69.50M	60.16M	55.19M	46.48M	38.79M
Cash, Cash Equivalents and Short-Term Investments	21.31M	15.15M	11.26M	11.52M	11.99M	9.68M
Total Debt	14.39M	11.89M	11.28M	10.23M	10.11M	12.10M
Total Liabilities	31.01M	24.14M	20.11M	21.55M	20.64M	18.21M
Stockholders Equity	46.23M	45.17M	39.84M	33.48M	25.76M	20.53M
Cash Flow
Free Cash Flow	12.38M	7.43M	2.55M	3.07M	4.69M	132.44K
Operating Cash Flow	15.85M	11.14M	5.84M	5.32M	5.73M	1.32M
Investing Cash Flow	-3.74M	-3.29M	-3.05M	-3.27M	-1.06M	-1.27M
Financing Cash Flow	-3.27M	-3.96M	-3.06M	-2.52M	-2.37M	295.20K

FOPE S.p.A. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 38.00
• 50DMA: Negative
• 100DMA: Negative
• 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:FPE, the sentiment is Positive. The current price of 38 is below the 20-day moving average (MA) of 40.15, below the 50-day MA of 40.02, and above the 200-day MA of 34.19, indicating a neutral trend. The MACD of -0.29 indicates Positive momentum. The RSI at 49.25 is Neutral, neither overbought nor oversold. The STOCH value of 48.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IT:FPE.

FOPE S.p.A. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FPE	70 Outperform	€208.42M	16.85	―	2.15%	40.64%	104.21%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
BC	55 Neutral	€6.11B	46.35	28.41%	1.04%	10.35%	15.89%
SFER	51 Neutral	€1.01B	112.46	-20.18%	1.60%	-8.65%	-1512.63%

FOPE S.p.A. Corporate Events

FOPE S.p.A. Achieves 45% Revenue Growth in H1 2025

FOPE S.p.A. reported a significant revenue growth of 45% in the first half of 2025, reaching 43 million euros, with EBITDA increasing to 10.6 million euros. The company has successfully consolidated its brand’s position in the luxury market, with all regions contributing to sales growth, particularly in Southeast Asia and Eastern markets. Despite geopolitical uncertainties, FOPE anticipates continued growth and a positive fiscal year closure, supported by a new stock incentive plan for employees.

The most recent analyst rating on (IT:FPE) stock is a Buy with a EUR44.00 price target. To see the full list of analyst forecasts on FOPE S.p.A. stock, see the IT:FPE Stock Forecast page.

FOPE Updates 2025 Corporate Events Calendar and Engages with Investors

FOPE S.p.A. has updated its 2025 corporate events calendar, moving the Board of Directors meeting for the approval of the Consolidated Half-Year Financial Report to September 25, 2025. The company will also participate in significant investor events in Paris and Lugano in October, showcasing its commitment to engaging with the financial community and enhancing its market presence.

The most recent analyst rating on (IT:FPE) stock is a Buy with a EUR44.00 price target. To see the full list of analyst forecasts on FOPE S.p.A. stock, see the IT:FPE Stock Forecast page.

FOPE Updates 2025 Corporate Events Calendar and Investor Engagements

FOPE S.p.A. has announced changes to its corporate events calendar for 2025, including rescheduling its Board of Directors meeting and participation in key investor events in Paris and Lugano. These events are part of the company’s strategy to engage with the financial community and strengthen its market presence. The updated calendar reflects FOPE’s commitment to transparency and strategic growth in the luxury jewelry sector.

The most recent analyst rating on (IT:FPE) stock is a Buy with a EUR44.00 price target. To see the full list of analyst forecasts on FOPE S.p.A. stock, see the IT:FPE Stock Forecast page.