Arnoldo Mondadori Editore SPA (MN) AI Stock Analysis

• Market Cap: €535.14M
• Dividend Yield: 6.34%
• Average Volume (3M): 302.20K
• Price to Earnings (P/E): 10.2
• Beta (1Y): 0.53
• Revenue Growth: 0.29%
• EPS Growth: -4.85%
• Country: IT
• Employees: 1,881
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Publishing
• EPS (TTM): 0.18
• Shares Outstanding: 261,458,340
• 10 Day Avg. Volume: 314,923
• 30 Day Avg. Volume: 302,198
• PEG Ratio: -2.20
• Price to Book (P/B): 1.75
• Price to Sales (P/S): 0.59
• P/FCF Ratio: 7.13
• 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: €2.90
• Price Target Upside: 40.78% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 74 Outperform
• Price Target: €2.50 ▲(21.36% Upside)

The overall stock score is driven by strong financial performance and attractive valuation. The company's solid growth and profitability, combined with a high dividend yield, make it appealing. However, technical indicators suggest weak momentum, which slightly offsets the positive financial and valuation aspects.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective business strategies, supporting long-term expansion and stability.

Cash Flow Strength

Strong cash flow generation provides the company with the ability to invest in growth opportunities and weather economic downturns, enhancing resilience.

Profitability

Improving profit margins reflect operational efficiency and effective cost management, contributing to sustainable financial health and competitive positioning.

Negative Factors

Earnings Per Share Decline

A decline in EPS growth can signal challenges in maintaining profitability, potentially impacting investor confidence and future capital raising efforts.

Debt Levels

While leverage is balanced, there is room for improvement in reducing debt levels to enhance financial stability and reduce interest burden.

Employee Count

A relatively high employee count in a digital age could indicate potential inefficiencies and higher operational costs, impacting margins.

Arnoldo Mondadori Editore SPA Business Overview & Revenue Model

Company Description

Arnoldo Mondadori Editore SPA (MN) is a leading Italian publishing company that specializes in the production and distribution of books, magazines, and digital content. Established in 1907, the company operates across various sectors, including trade publishing, educational publishing, and magazine publishing. Its core products include a diverse range of literary works, textbooks, and periodicals, catering to both general and specialized audiences.

How the Company Makes Money

Arnoldo Mondadori Editore generates revenue primarily through the sale of printed books and digital media. Key revenue streams include direct sales to consumers via retail channels, as well as distribution agreements with bookstores and online platforms. Additionally, the company earns income from subscriptions and advertising in its magazine publications. Partnerships with authors and educational institutions also contribute to its earnings, particularly in the educational sector where textbooks are a significant source of revenue. Furthermore, the company may benefit from licensing deals and international rights sales, enhancing its revenue potential.

Arnoldo Mondadori Editore SPA Financial Statement Overview

Summary

Arnoldo Mondadori Editore SPA demonstrates solid financial performance across all key verticals. The income statement reflects strong growth and profitability, the balance sheet shows moderate leverage with potential for further improvement, and cash flows are robust, supporting operational and strategic initiatives.

Income Statement

The company has shown consistent revenue growth, with a notable increase from 2023 to 2024. The gross profit margin is strong, and the net profit margin has improved over the years. The EBIT and EBITDA margins are also healthy, indicating operational efficiency. Overall, the income statement reflects a robust performance with a positive trajectory.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio, indicating balanced leverage. The return on equity has been increasing, reflecting efficient use of equity to generate profits. The equity ratio indicates a stable financial position, but there is room for improvement in reducing debt levels to enhance financial stability further.

Cash Flow

The cash flow statement reveals a positive free cash flow growth, ensuring liquidity and operational flexibility. The operating cash flow to net income ratio is strong, highlighting effective cash generation from operations. The free cash flow to net income ratio is also favorable, indicating efficient conversion of income into cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	937.08M	934.73M	904.74M	903.00M	807.35M	743.99M
Gross Profit	456.37M	654.08M	299.76M	560.19M	498.41M	449.13M
EBITDA	152.79M	156.86M	145.78M	121.48M	85.15M	58.16M
Net Income	56.62M	60.21M	62.41M	52.07M	44.21M	4.50M
Balance Sheet
Total Assets	1.09B	1.14B	1.04B	1.01B	1.02B	876.05M
Cash, Cash Equivalents and Short-Term Investments	20.54M	111.29M	49.72M	34.95M	90.72M	113.58M
Total Debt	291.00M	255.14M	188.65M	201.87M	248.87M	221.83M
Total Liabilities	809.59M	819.97M	747.21M	745.82M	803.85M	703.64M
Stockholders Equity	279.52M	316.07M	288.08M	259.56M	219.57M	172.41M
Cash Flow
Free Cash Flow	0.00	77.47M	81.12M	64.44M	78.61M	60.99M
Operating Cash Flow	0.00	125.82M	121.58M	98.55M	96.09M	81.89M
Investing Cash Flow	0.00	-62.47M	-31.54M	-71.50M	-145.36M	-2.30M
Financing Cash Flow	0.00	-1.79M	-75.26M	-82.82M	30.48M	-13.55M

Arnoldo Mondadori Editore SPA Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.06
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:MN, the sentiment is Positive. The current price of 2.06 is above the 20-day moving average (MA) of 2.05, above the 50-day MA of 2.03, and above the 200-day MA of 2.02, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 55.10 is Neutral, neither overbought nor oversold. The STOCH value of 84.44 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IT:MN.

Arnoldo Mondadori Editore SPA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MN	74 Outperform	€535.14M	10.17	16.46%	6.34%	0.29%	-4.85%
RCS	68 Neutral	€480.13M	7.62	14.78%	7.53%	-1.41%	3.84%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%

Arnoldo Mondadori Editore SPA Corporate Events

Mondadori Reports Stable Revenues and Confirms 2025 Guidance

Arnoldo Mondadori Editore S.p.A. reported stable financial results for the first nine months of 2025, with consolidated net revenues of 704.5 million euros, slightly down from the previous year. The company saw a 7.5% increase in trade book sales in the third quarter, driven by successful new releases, and continued growth in its digital media segment. Despite a slight decline in adjusted EBITDA and net results, the company maintained strong cash generation and confirmed its 2025 guidance, indicating positive future prospects.