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SIT S.p.A. (IT:SIT)
:SIT
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SIT S.p.A.
(SIT)
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Select Model
Rating:52Neutral
Price Target:
€2.50
▲(24.38% Upside)
The score is held back primarily by weak financial quality (ongoing net losses and thin/volatile free cash flow) and a negative P/E that reflects unprofitable operations. Offsetting these risks, technicals are constructive with the price in an uptrend and momentum indicators supportive but not overextended.
SIT S.p.A. (SIT) vs. iShares MSCI Italy ETF (EWI)
Market Cap
€66.20M
Dividend YieldN/A
Average Volume (3M)15.81K
Price to Earnings (P/E)―
Beta (1Y)0.63
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees2,014
SectorIndustrials
Sector Strength72
IndustryIndustrial - Machinery
Share Statistics
EPS (TTM)0.09
Shares Outstanding25,110,209
10 Day Avg. Volume16,972
30 Day Avg. Volume15,815
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)0.23
Price to Sales (P/S)0.08
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€3.10Price Target Upside54.23% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SIT S.p.A. Business Overview & Revenue Model
Company DescriptionAs of June 8, 2022, operates as a subsidiary of SIT Technologies Spa.
How the Company Makes Money
SIT S.p.A. Financial Statement Overview
Summary
TTM results show improving momentum (revenue +4.1%, gross margin rebound to 18.3%, EBITDA margin up to 11.0%) and stronger operating cash flow (~€33.6m). However, profitability remains weak with continued net losses (TTM net margin -7.0%) and very thin EBIT margin (~0.4%), while free cash flow is positive but small and volatile (~€2.8m). Balance sheet leverage is manageable (debt-to-equity ~0.92) but ROE remains negative (~-22%).Income Statement
TTM (Trailing-Twelve-Months) revenue grew 4.1% to ~€315m, and profitability improved versus 2024 as gross margin returned to 18.3% (from negative) and EBITDA margin rose to 11.0%. However, the company remains loss-making (TTM net margin -7.0%) with very thin operating profit (TTM EBIT margin ~0.4%). The multi-year trend shows a clear deterioration from 2020–2022 profitability into sustained losses in 2023–TTM, which keeps the income statement score below average despite recent stabilization.38
Negative
Balance Sheet
Leverage is moderate for the sector with debt-to-equity around ~0.92 in TTM (and roughly ~0.95 in 2024), improving materially from the more levered 2023 level (~1.15). Equity is stable around ~€100m in the last two periods, suggesting the capital base is holding up. The key weakness is continued negative returns to shareholders (TTM return on equity about -22%), reflecting that the balance sheet is not currently generating profits despite acceptable leverage.56
Neutral
Cash Flow
Cash generation improved: TTM operating cash flow rose to ~€33.6m (vs ~€27.2m in 2024), and free cash flow turned positive (~€2.8m) after being zero in 2024. That said, free cash flow fell sharply versus the prior period (down ~84%), indicating weaker cash conversion or higher investment/working-capital needs. While cash flow is positive, it remains modest relative to the earnings profile and has been volatile (negative free cash flow in 2022–2023), limiting the score.47
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 314.71M | 299.54M | 326.26M | 393.31M | 380.52M | 320.73M |
| Gross Profit | 57.54M | -9.54M | 107.07M | 179.62M | 181.12M | 149.81M |
| EBITDA | 34.65M | 26.18M | 5.87M | 45.57M | 42.12M | 43.15M |
| Net Income | -21.99M | -31.62M | -23.39M | 11.21M | 8.24M | 13.22M |
Balance Sheet | ||||||
| Total Assets | 381.33M | 386.77M | 429.18M | 465.47M | 450.04M | 431.83M |
| Cash, Cash Equivalents and Short-Term Investments | 14.60M | 19.54M | 15.33M | 23.54M | 46.67M | 42.33M |
| Total Debt | 92.56M | 95.97M | 164.85M | 155.98M | 149.69M | 154.00M |
| Total Liabilities | 279.74M | 285.35M | 286.06M | 299.97M | 296.36M | 278.61M |
| Stockholders Equity | 100.46M | 100.56M | 143.12M | 165.50M | 153.68M | 153.22M |
Cash Flow | ||||||
| Free Cash Flow | 2.79M | 0.00 | -10.03M | -13.07M | 26.33M | 12.57M |
| Operating Cash Flow | 33.60M | 27.18M | 8.10M | 13.74M | 53.26M | 27.28M |
| Investing Cash Flow | -11.18M | -16.02M | -23.02M | -30.33M | -26.06M | -41.06M |
| Financing Cash Flow | -14.99M | -12.16M | 927.00K | -7.39M | -22.90M | 23.95M |
SIT S.p.A. Peers Comparison
UnderperformOutperform
Sector (63)
IT:SIT
SIT S.p.A.
2.60
1.56
150.00%
GB:0DUK
Biesse SPA
6.48
-0.83
-11.39%
GB:0EFO
Fidia Spa
0.40
-725.61
-99.95%
GB:0NIG
Sabaf Technology and Safety
13.95
-4.00
-22.28%
GB:0MVJ
Tesmec S.p.A.
0.17
0.05
40.68%
IT:ESAU
Esautomotion SpA
3.26
0.74
29.37%
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.