Sanlorenzo S.p.A. (IT:SL)
:SL
Want to see IT:SL full AI Analyst Report?
Top Page
Sanlorenzo S.p.A.
(SL)
Select Model
Select Model
Rating:74Outperform
Price Target:
€42.00
▲(18.38% Upside)
Action:Upgraded
Date:05/19/26
The score is driven primarily by solid underlying financial performance (healthy profitability, strong ROE, and moderate leverage) tempered by concerns over TTM gross profit turning negative and cash-flow volatility. Technicals add support via a strong uptrend and positive momentum, while valuation is favorable with a low-teens P/E and a ~2.8% dividend yield.
Positive Factors
Custom luxury build + after-sales services
Sanlorenzo's made-to-measure and semi-custom model generates higher average selling prices and deep client relationships. Complementary after-sales, maintenance and refit services create recurring revenue, improve lifetime customer value, and smooth revenue timing from new-build delivery cycles.
Negative Factors
TTM gross profit deterioration
Gross profit turning negative signals material cost pressure or adverse product mix that could erode sustainable margins. If structural (supply, input costs, or pricing power issues), it threatens EBITDA conversion and long-term margin sustainability until remedied by pricing, cost control or mix improvement.
Read all positive and negative factors
Positive Factors
Negative Factors
Custom luxury build + after-sales services
Sanlorenzo's made-to-measure and semi-custom model generates higher average selling prices and deep client relationships. Complementary after-sales, maintenance and refit services create recurring revenue, improve lifetime customer value, and smooth revenue timing from new-build delivery cycles.
Read all positive factors
Sanlorenzo S.p.A. (SL) vs. iShares MSCI Italy ETF (EWI)
Market Cap
€1.32B
Dividend Yield3.34%
Average Volume (3M)80.83K
Price to Earnings (P/E)12.3
Beta (1Y)0.69
Revenue Growth2.69%
EPS Growth3.17%
CountryIT
Employees1,659
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Recreational Vehicles
Share Statistics
EPS (TTM)3.08
Shares Outstanding35,694,267
10 Day Avg. Volume56,677
30 Day Avg. Volume80,835
Financial Highlights & Ratios
PEG Ratio4.94
Price to Book (P/B)2.08
Price to Sales (P/S)1.08
P/FCF Ratio52.43
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€48.00Price Target Upside35.29% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)3.07
Revenue Forecast (FY)€1.03B
Sanlorenzo S.p.A. Business Overview & Revenue Model
Company Description
Sanlorenzo S.p.A. is a leading manufacturer specializing in the design, construction, and sale of luxury yachts and pleasure vessels, serving a global clientele across Europe, the Asia-Pacific region, the Americas, the Middle East, and Africa. The...
How the Company Makes Money
Sanlorenzo primarily makes money by selling newly built luxury yachts and superyachts to private clients. Its core revenue stream is the contract-based sale and delivery of vessels across its main product families (yachts, superyachts, and sailing...
Sanlorenzo S.p.A. Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
78
Positive
Cash Flow
65
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.01B | 1.00B | 963.42M | 866.71M | 817.89M | 673.52M |
| Gross Profit | -30.79M | 117.22M | 137.62M | 244.79M | 510.76M | 354.81M |
| EBITDA | 178.79M | 182.91M | 181.47M | 163.46M | 130.01M | 94.63M |
| Net Income | 108.50M | 107.40M | 103.12M | 92.84M | 74.15M | 51.01M |
Balance Sheet | ||||||
| Total Assets | 1.25B | 1.24B | 1.11B | 841.08M | 743.79M | 595.04M |
| Cash, Cash Equivalents and Short-Term Investments | 170.20M | 188.18M | 171.12M | 214.01M | 197.37M | 141.27M |
| Total Debt | 147.30M | 168.08M | 143.31M | 76.02M | 100.02M | 100.23M |
| Total Liabilities | 701.88M | 716.71M | 667.35M | 481.12M | 453.71M | 365.90M |
| Stockholders Equity | 540.74M | 518.14M | 436.14M | 358.27M | 288.53M | 229.04M |
Cash Flow | ||||||
| Free Cash Flow | 84.80M | 20.59M | -18.47M | 72.65M | 95.16M | 48.62M |
| Operating Cash Flow | 127.25M | 68.77M | 30.86M | 117.15M | 145.11M | 97.83M |
| Investing Cash Flow | -48.86M | -44.83M | -84.97M | -51.08M | -69.15M | -49.62M |
| Financing Cash Flow | -79.22M | -10.54M | -2.74M | -19.88M | -70.91M | -1.29M |
Sanlorenzo S.p.A. Technical Analysis
Positive
35.48
Price Trends
34.85
Positive
32.90
Positive
32.18
Positive
Market Momentum
0.81
Positive
55.88
Neutral
36.02
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:SL, the sentiment is Positive. The current price of 35.48 is below the 20-day moving average (MA) of 37.39, above the 50-day MA of 34.85, and above the 200-day MA of 32.18, indicating a bullish trend. The MACD of 0.81 indicates Positive momentum. The RSI at 55.88 is Neutral, neither overbought nor oversold. The STOCH value of 36.02 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IT:SL.
Sanlorenzo S.p.A. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | €1.32B | 12.34 | 23.62% | 3.34% | 2.69% | 3.17% | |
69 Neutral | €110.78M | 5.56 | 17.82% | 4.15% | 2.67% | 99.77% | |
65 Neutral | €1.05B | 12.31 | 9.60% | ― | ― | ― | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
59 Neutral | €80.03M | 5.93 | ― | 6.03% | ― | ― |
* Consumer Cyclical Sector Average
IT:SL
Sanlorenzo S.p.A.
37.56
8.09
27.43%
IT:TISG
Italian Sea Group S.p.A.
1.43
-4.20
-74.53%
IT:INDB
Indel B S.p.A.
19.45
0.71
3.82%
IT:YACHT
Ferretti S.p.A.
3.14
0.43
15.77%
IT:BELL
Bellini Nautica S.P.A.
3.14
0.12
3.97%
IT:RFG
Racing Force SpA
4.50
0.04
0.85%
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.