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

• Market Cap: €226.78M
• Dividend Yield: 2.17%
• Average Volume (3M): 858.00
• Price to Earnings (P/E): 18.3
• Beta (1Y): 0.17
• 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: 700
• 30 Day Avg. Volume: 858
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 72 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 indicates a neutral trend, while the valuation suggests the stock is fairly priced with a reasonable dividend yield. The absence of earnings call data and notable corporate events means these factors do not influence the score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates robust market demand and successful product positioning, enhancing long-term business sustainability.

Cash Flow Management

Strong cash flow management ensures liquidity and financial flexibility, enabling strategic investments and operational resilience.

Innovative Product Offering

Unique product technology enhances competitive advantage, supporting premium pricing and customer loyalty in the luxury segment.

Negative Factors

Rising Operational Costs

Increasing operational costs could pressure margins, potentially impacting profitability and necessitating efficiency improvements.

Gross Profit Decline

A decline in gross profit can limit reinvestment capacity and affect long-term equity growth, challenging financial stability.

Cost Control Challenges

Challenges in cost control could hinder cash generation efficiency, affecting the ability to fund growth and maintain margins.

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

Company Description

Fope S.p.A. produces and distributes jewelry in Italy and internationally. It offers bracelets, rings, necklaces, earrings, watches, and other collections. The company was founded in 1929 and is based in Vicenza, Italy.

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. While the company demonstrates robust equity and manageable debt levels, maintaining operational efficiency amidst rising costs is crucial for sustaining long-term success in the competitive luxury goods industry.

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: 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:FPE, the sentiment is Positive. The current price of 38 is below the 20-day moving average (MA) of 41.33, below the 50-day MA of 39.35, and below the 200-day MA of 38.61, indicating a neutral trend. The MACD of 0.70 indicates Positive momentum. The RSI at 55.74 is Neutral, neither overbought nor oversold. The STOCH value of 67.95 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	72 Outperform	€226.78M	18.33	―	2.17%	40.64%	104.21%
BC	62 Neutral	€5.52B	41.84	28.41%	0.95%	10.35%	15.89%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
SFER	55 Neutral	€1.07B	-8.11	-20.18%	1.24%	-8.65%	-1512.63%

FOPE S.p.A. Corporate Events

FOPE Allocates 20,000 Shares to General Manager Under 2025–2027 Incentive Plan

FOPE S.p.A. has disclosed a managerial transaction involving General Manager Piero Persi, classified as a person discharging managerial responsibilities. The company carried out a free allocation of 20,000 ordinary shares at a unit price of €0.00 as part of its 2025–2027 share-based incentive plan for employees, approved by shareholders on 24 April 2025, with the transaction executed off-exchange on 19 December 2025. The operation, not linked to a share option exercise, underscores FOPE’s use of equity-based remuneration to align management and staff interests with those of shareholders and to support long‑term retention and performance goals.

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 Increases Share Capital After Exercise of 20,000 Stock Grant Rights

FOPE has announced the exercise of 20,000 rights under its 2025–2027 stock grant plan for employees, resulting in the issue of 20,000 new ordinary shares and a free share capital increase of €20,000, raising the company’s share capital to €5,419,608. The move, funded via the “Riserva Straordinaria” reserve, formalizes a modest dilution to support employee incentivization and aligns staff interests with those of shareholders; the company will update its Articles of Association and complete the required corporate and registry filings to reflect the new capital structure.

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 S.p.A. Reports 31% Increase in Sales, Strengthening Market Position

FOPE S.p.A. reported a significant increase in product sales, reaching 73.3 million euros as of October 31, 2025, marking a 31% year-over-year growth. This positive trend is expected to continue into 2026, supported by a strong order backlog and upcoming presentations at industry events, reinforcing FOPE’s position in the luxury jewelry market.

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.