Want to see IT:TES full AI Analyst Report?
Top Page
Tesmec S.p.A.
(TES)
Select Model
Select Model
Rating:56Neutral
Price Target:
€0.42
▲(19.14% Upside)
Action:Reiterated
Date:08/18/26
The score is driven primarily by mixed financial performance—improving revenue and free cash flow offset by very high leverage and thin/volatile net profitability. Technicals are supportive with price above major moving averages and positive MACD, but the overall rating is capped by a very high P/E that leaves little room for earnings disappointment.
Positive Factors
Revenue Growth
Positive top-line momentum suggests continued demand for Tesmec’s infrastructure equipment and solutions. Sustained revenue growth can improve operating leverage and support investment across electricity, underground-network, and rail-related markets.
Negative Factors
High Financial Leverage
High leverage increases interest, refinancing, and solvency risk, particularly in a cyclical industrial business. It can constrain investment flexibility and amplify the effect of weaker infrastructure spending or operating setbacks on equity holders.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Positive top-line momentum suggests continued demand for Tesmec’s infrastructure equipment and solutions. Sustained revenue growth can improve operating leverage and support investment across electricity, underground-network, and rail-related markets.
Read all positive factors
Tesmec S.p.A. (TES) vs. iShares MSCI Italy ETF (EWI)
Market Cap
€228.97M
Dividend YieldN/A
Average Volume (3M)3.99M
Price to Earnings (P/E)107.7
Beta (1Y)1.07
Revenue Growth12.03%
EPS GrowthN/A
CountryIT
Employees937
SectorGeneral
Sector StrengthN/A
IndustryIndustrial - Machinery
Share Statistics
EPS (TTM)<0.01
Shares Outstanding606,460,200
10 Day Avg. Volume2,456,952
30 Day Avg. Volume3,990,734
Financial Highlights & Ratios
PEG Ratio0.72
Price to Book (P/B)1.37
Price to Sales (P/S)0.38
P/FCF Ratio3.52
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€0.54Price Target Upside54.29% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.01
Revenue Forecast (FY)€278.00M
Tesmec S.p.A. Business Overview & Revenue Model
Company Description
Tesmec S.p.A., headquartered in Grassobbio, Italy since its founding in 1951, develops, manufactures, and distributes specialized solutions globally. The company focuses on the construction, maintenance, and optimization of critical infrastructure...
How the Company Makes Money
Tesmec makes money primarily by selling and delivering specialized machinery, systems, and project solutions for infrastructure network deployment and upkeep. Key revenue streams typically include: (1) Equipment and system sales: revenue from the ...
Tesmec S.p.A. Financial Statement Overview
Summary
Income Statement
56
Neutral
Balance Sheet
39
Negative
Cash Flow
63
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 296.89M | 257.61M | 235.64M | 251.92M | 217.30M | 180.49M |
| Gross Profit | 43.62M | 74.56M | 129.52M | 41.10M | 94.02M | 77.98M |
| EBITDA | 43.77M | 33.62M | 40.28M | 26.03M | 36.78M | 22.64M |
| Net Income | 2.06M | -2.43M | -5.18M | -2.97M | 7.86M | 1.20M |
Balance Sheet | ||||||
| Total Assets | 437.85M | 402.38M | 423.95M | 440.11M | 407.69M | 358.13M |
| Cash, Cash Equivalents and Short-Term Investments | 48.24M | 40.98M | 29.64M | 53.75M | 51.06M | 50.29M |
| Total Debt | 193.13M | 193.30M | 212.03M | 235.06M | 196.51M | 187.88M |
| Total Liabilities | 357.06M | 328.64M | 346.34M | 361.86M | 324.32M | 285.49M |
| Stockholders Equity | 77.56M | 70.75M | 74.53M | 75.70M | 80.85M | 72.57M |
Cash Flow | ||||||
| Free Cash Flow | 28.96M | 27.64M | -16.80M | -30.46M | -8.20M | -26.18M |
| Operating Cash Flow | 53.64M | 48.43M | 16.09M | 9.50M | 24.95M | 9.08M |
| Investing Cash Flow | -45.38M | -18.16M | -26.04M | -44.31M | -35.35M | -28.70M |
| Financing Cash Flow | -5.29M | -18.37M | -3.63M | 37.98M | 10.64M | -1.08M |
Tesmec S.p.A. Technical Analysis
Neutral
0.35
Price Trends
0.38
Negative
0.29
Positive
0.22
Positive
Market Momentum
<0.01
Positive
48.97
Neutral
15.55
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:TES, the sentiment is Neutral. The current price of 0.35 is below the 20-day moving average (MA) of 0.38, below the 50-day MA of 0.38, and above the 200-day MA of 0.22, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 48.97 is Neutral, neither overbought nor oversold. The STOCH value of 15.55 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IT:TES.
Tesmec S.p.A. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | €3.94B | 18.56 | 10.05% | 1.02% | 0.99% | -0.11% | |
68 Neutral | €3.96B | 16.76 | 10.36% | 0.69% | -9.13% | -12.95% | |
56 Neutral | €228.97M | 107.71 | 0.07% | ― | 12.03% | ― | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
44 Neutral | €147.70M | -6.97 | -10.66% | ― | -4.54% | -75.92% |
* General Sector Average
IT:TES
Tesmec S.p.A.
0.38
0.29
309.78%
IT:BSS
Biesse SPA
5.37
-2.19
-28.97%
IT:DANR
Danieli & C.Officine Meccaniche SPA
42.24
11.89
39.19%
IT:IP
Interpump Group SPA
37.30
-3.20
-7.89%
IT:ESAU
Esautomotion SpA
3.80
0.46
13.77%
IT:MARP
Marzocchi Pompe S.p.A.
2.26
-0.27
-10.67%
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.