Seri Industrial S.p.A. (SERI) AI Stock Analysis

• Market Cap: €116.86M
• Dividend Yield: N/A
• Average Volume (3M): 117.59K
• Price to Earnings (P/E): 4.7
• Beta (1Y): 0.70
• Revenue Growth: 21.16%
• EPS Growth: N/A
• Country: IT
• Employees: 763
• Sector: Industrials
• Sector Strength: 78
• Industry: Renewable Utilities
• EPS (TTM): N/A
• Shares Outstanding: 53,979,004
• 10 Day Avg. Volume: 99,320
• 30 Day Avg. Volume: 117,593
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: €3.30
• Price Target Upside: 52.78% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 62 Neutral
• Price Target: €2.50 ▲(15.74% Upside)

The overall stock score of 62 reflects strong valuation due to a low P/E ratio, indicating potential undervaluation. Financial performance shows positive revenue growth and profitability, but cash flow challenges and moderate leverage are concerns. Technical analysis suggests neutral to slightly bearish momentum, with no immediate overbought or oversold conditions.

Positive Factors

Contract Wins

Seri signed a framework supply agreement for around EUR 100M with Fincantieri Group for the supply of battery modules for next-generation submarines.

Innovation and Development

The company is pursuing projects of great importance in li-on battery production for storage applications and sustainable mobility.

Strategic Partnerships

Seri has partnerships with important players in the battery system production sector.

Negative Factors

Acquisition Challenges

IIA has operational and financial difficulties, posing challenges for SERI's vertical integration strategy.

Market Conditions

The stock is downgraded to NEUTRAL due to a deterioration of the battery market and complications from the acquisition of IIA.

Project Delays

The T2 project appears to be behind schedule, with production targets now expected to be delayed.

Seri Industrial S.p.A. Business Overview & Revenue Model

Company Description

Seri Industrial S.p.A. (SERI) is a leading manufacturer and provider of advanced industrial solutions, specializing in the design and production of high-quality components and systems for various sectors, including automotive, aerospace, and machinery. The company focuses on innovation and sustainability, offering a wide range of products such as precision mechanical parts, automation systems, and custom engineering services, aimed at enhancing operational efficiency and reducing environmental impact.

How the Company Makes Money

SERI generates revenue through multiple streams, primarily from the sale of its industrial products and services. The company has a strong focus on long-term contracts with major clients in the automotive and aerospace industries, which provide stable income. Additionally, SERI earns money through its engineering services, where it collaborates with clients to develop custom solutions tailored to specific operational needs. The company further benefits from partnerships with key players in the supply chain, enabling it to leverage shared resources and technologies for enhanced product offerings. Other revenue sources may include maintenance services and after-sales support, ensuring continuous engagement with clients and fostering repeat business.

Seri Industrial S.p.A. Financial Statement Overview

Summary

Seri Industrial S.p.A. shows strong revenue growth and improved profitability, indicating positive business momentum. However, cash flow challenges and moderate financial leverage highlight areas requiring attention.

Income Statement

The company has shown a solid revenue growth rate of 21.15% from 2023 to 2024, indicating strong top-line expansion. Gross profit margin has improved to 45.63%, reflecting better cost management. Net profit margin turned positive at 12.45%, a significant improvement from negative margins in previous years. However, EBIT and EBITDA margins at 15.78% and 33.43% respectively, though positive, suggest room for efficiency enhancements.

Balance Sheet

The debt-to-equity ratio stands at 0.93, suggesting manageable leverage, but indicates some financial risk. The equity ratio is 20.29%, showing moderate reliance on equity financing. Return on equity is 16.28%, indicating effective utilization of shareholder equity to generate profits. The overall balance sheet reflects moderate financial stability with an opportunity for strengthening equity positions.

Cash Flow

Free cash flow has deteriorated to -€67.4 million, highlighting increased capital expenditures and reduced cash reserves. Operating cash flow is positive but has decreased significantly to €20.13 million. The operating cash flow to net income ratio is 0.80, indicating that cash generation is lower than net income. The cash flow situation suggests a need for better cash management and investment efficiency.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	201.52M	166.33M	175.45M	157.70M	125.58M
Gross Profit	91.98M	39.86M	32.52M	40.61M	28.95M
EBITDA	67.36M	18.08M	18.30M	20.51M	1.45M
Net Income	25.10M	-11.97M	-4.44M	-1.49M	-4.30M
Balance Sheet
Total Assets	759.93M	442.95M	368.89M	346.05M	311.32M
Cash, Cash Equivalents and Short-Term Investments	46.61M	65.16M	25.54M	20.29M	8.47M
Total Debt	143.15M	130.50M	129.60M	115.09M	59.74M
Total Liabilities	604.07M	312.37M	225.36M	225.12M	197.35M
Stockholders Equity	154.25M	130.46M	143.49M	120.52M	113.59M
Cash Flow
Free Cash Flow	-67.40M	51.91M	-24.34M	-13.37M	-22.86M
Operating Cash Flow	20.13M	76.43M	-6.50M	12.19M	796.00K
Investing Cash Flow	-25.00M	-25.14M	-16.62M	-24.60M	-22.98M
Financing Cash Flow	-13.02M	-11.66M	28.44M	24.09M	25.61M

Seri Industrial S.p.A. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.16
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:SERI, the sentiment is Positive. The current price of 2.16 is above the 20-day moving average (MA) of 2.14, below the 50-day MA of 2.18, and below the 200-day MA of 2.30, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 54.65 is Neutral, neither overbought nor oversold. The STOCH value of 49.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IT:SERI.

Seri Industrial S.p.A. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	70 Outperform	€4.02B	9.32	12.70%	1.72%	6.92%	2.65%
SERI	62 Neutral	€116.86M	4.66	18.38%	―	21.16%	―
0EA2	―	€91.50M	19.41	3.09%	―	―	―
0G91	―	€153.43M	14.79	7.17%	―	―	―
IB	―	€66.09M	28.27		4.72%	―	―
SIT	―	€40.91M	―		―	―	―
SOM	―	€101.58M	―		―	―	―

Seri Industrial S.p.A. Corporate Events

Seri Industrial S.p.A. Announces Change in Share Capital Composition

Seri Industrial S.p.A. announced a change in its share capital composition due to an increase in voting rights for 30,000 ordinary shares, resulting in a total of 84,459,072 voting rights. This adjustment reflects the company’s strategic focus on enhancing shareholder value and could influence its market positioning and stakeholder engagement.

The most recent analyst rating on (IT:SERI) stock is a Hold with a EUR3.50 price target. To see the full list of analyst forecasts on Seri Industrial S.p.A. stock, see the IT:SERI Stock Forecast page.

Seri Industrial S.p.A. Releases Document on Significant Transaction

Seri Industrial S.p.A. has made available an informational document regarding a significant transaction with related parties, accessible at its registered office, on its website, and via an authorized storage mechanism. This release underscores Seri Industrial’s commitment to transparency and regulatory compliance, potentially impacting its operations and stakeholder relations by providing insights into its strategic transactions.

The most recent analyst rating on (IT:SERI) stock is a Buy with a EUR9.80 price target. To see the full list of analyst forecasts on Seri Industrial S.p.A. stock, see the IT:SERI Stock Forecast page.

Seri Industrial S.p.A. Approves 2024 Financials and Renews Board Leadership

Seri Industrial S.p.A. held a Shareholders’ Meeting where they approved the financial statements for 2024, showing a profit of 3.1 million euros, and renewed the Board of Directors for 2025-2027. The meeting also confirmed the remuneration policy and appointed key positions within the Board, including Roberto Maviglia as President and Vittorio Civitillo as CEO. These decisions reflect the company’s strategic direction and governance stability, potentially impacting its market position and stakeholder confidence positively.

The most recent analyst rating on (IT:SERI) stock is a Buy with a EUR9.80 price target. To see the full list of analyst forecasts on Seri Industrial S.p.A. stock, see the IT:SERI Stock Forecast page.

Seri Industrial S.p.A. Announces Board of Directors Renewal Candidates

Seri Industrial S.p.A. has announced the publication of the list of candidates for the renewal of its Board of Directors, ahead of the Shareholders’ Meeting scheduled for June 18, 2025. The list, presented by the majority shareholder SE.R.I. S.p.A., is available to the public and reflects the company’s ongoing commitment to governance and strategic direction, potentially impacting its operations and market positioning.

The most recent analyst rating on (IT:SERI) stock is a Buy with a EUR9.80 price target. To see the full list of analyst forecasts on Seri Industrial S.p.A. stock, see the IT:SERI Stock Forecast page.

Seri Industrial Releases Updated Transaction Information

Seri Industrial S.p.A. has made available an integration to a previously published information document regarding a significant transaction with related parties. This update can be accessed at the company’s registered office, on its website, and through the authorized storage mechanism 1Info of Computershare S.p.A., aligning with regulatory requirements.

The most recent analyst rating on (IT:SERI) stock is a Buy with a EUR9.80 price target. To see the full list of analyst forecasts on Seri Industrial S.p.A. stock, see the IT:SERI Stock Forecast page.