Technoprobe S.p.A. (TPRO) AI Stock Analysis

• Market Cap: €4.88B
• Dividend Yield: N/A
• Average Volume (3M): 538.80K
• Price to Earnings (P/E): 69.1
• Beta (1Y): 0.88
• Revenue Growth: 38.31%
• EPS Growth: -30.40%
• Country: IT
• Employees: 2,876
• Sector: Technology
• Sector Strength: 88
• Industry: Semiconductors
• EPS (TTM): 0.05
• Shares Outstanding: 653,260,860
• 10 Day Avg. Volume: 402,972
• 30 Day Avg. Volume: 538,803
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: €8.13
• Price Target Upside: 9.27% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 4

• Rating: 64 Neutral
• Price Target: €7.00 ▼(-5.91% Downside)

Technoprobe S.p.A.'s strong financial performance is a key strength, supported by robust revenue growth and a solid balance sheet. However, technical indicators suggest bearish momentum, and the high P/E ratio indicates overvaluation concerns. The absence of earnings call data and corporate events limits additional insights.

Positive Factors

Revenue Growth

Strong revenue growth indicates robust demand for Technoprobe's products, reinforcing its market position and potential for future expansion.

Balance Sheet Health

A strong balance sheet with low leverage enhances financial stability, providing flexibility for strategic investments and growth initiatives.

Cash Flow Improvement

Improved cash flow indicates effective management of operations, ensuring sufficient liquidity for reinvestment and shareholder returns.

Negative Factors

EBIT Margin Decline

A decline in EBIT margin suggests rising operational costs or pricing pressures, which could impact profitability if not addressed.

EPS Growth Decline

A significant decline in EPS growth indicates challenges in maintaining profitability, potentially affecting investor confidence and stock performance.

Operational Efficiency

Operational inefficiencies can hinder profit margins and competitiveness, necessitating strategic adjustments to optimize cost structures.

Technoprobe S.p.A. Business Overview & Revenue Model

Company Description

Technoprobe S.p.A. (TPRO) is a leading company in the semiconductor industry, specializing in the design and production of probe cards. These are essential components used in the testing phase of integrated circuits (ICs), critical for ensuring the functionality and reliability of semiconductor devices. Technoprobe operates globally, serving major semiconductor manufacturers with high-quality, innovative testing solutions.

How the Company Makes Money

Technoprobe S.p.A. generates revenue primarily through the sale of its probe cards to semiconductor manufacturers. These cards are used in the testing of semiconductor wafers to ensure they meet quality standards before proceeding to the packaging stage. The company benefits from the growing demand for semiconductors across various industries, including consumer electronics, automotive, and telecommunications. In addition to direct sales, Technoprobe might engage in partnerships or collaborations with major semiconductor companies, enhancing its market reach and technological capabilities. The company's focus on innovation and customization allows it to cater to specific customer needs, providing a competitive advantage in the market.

Technoprobe S.p.A. Financial Statement Overview

Summary

Technoprobe S.p.A. demonstrates strong financial health with robust revenue growth and stable cash flows. The balance sheet is solid with minimal leverage and high equity levels. However, a decline in EBIT margin indicates potential areas for operational improvements.

Income Statement

Technoprobe S.p.A. shows strong revenue growth with a 32.7% increase from 2023 to 2024. The gross profit margin is solid at 41.1%, and the company maintains a positive net profit margin of 11.8% in 2024. However, there is a noticeable decline in EBIT from 2023 to 2024, affecting the EBIT margin, which decreased to 12.4% from 19.5% in 2023. EBITDA margin remains robust at 30.9%.

Balance Sheet

The company's financial stability is underscored by a low debt-to-equity ratio of 0.015, indicating minimal leverage. The equity ratio is high at 87.9%, showcasing strong shareholder equity relative to total assets. Return on Equity (ROE) is healthy at 5.2%, although it has decreased from previous years.

Cash Flow

Technoprobe S.p.A. has shown significant improvement in free cash flow, turning positive in 2024 at €29.97 million. The operating cash flow to net income ratio is approximately 1.95, indicating effective conversion of net income into cash. The free cash flow to net income ratio has improved but remains a focus area for further strengthening.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	454.04M	543.15M	409.27M	548.93M	391.74M	329.55M
Gross Profit	196.79M	223.44M	199.33M	332.78M	234.72M	203.43M
EBITDA	114.91M	167.94M	128.48M	244.18M	177.66M	153.54M
Net Income	93.75M	63.83M	97.00M	147.90M	118.32M	101.58M
Balance Sheet
Total Assets	1.37B	1.41B	928.39M	866.82M	537.35M	435.91M
Cash, Cash Equivalents and Short-Term Investments	667.00M	666.38M	361.80M	411.03M	146.75M	158.30M
Total Debt	16.89M	18.80M	13.53M	8.20M	11.95M	37.19M
Total Liabilities	135.71M	171.13M	111.09M	129.84M	91.06M	111.69M
Stockholders Equity	1.23B	1.24B	815.77M	735.94M	443.75M	324.22M
Cash Flow
Free Cash Flow	32.60M	29.96M	-2.18M	127.52M	21.57M	46.25M
Operating Cash Flow	105.96M	124.41M	61.75M	207.24M	81.26M	97.97M
Investing Cash Flow	-181.25M	-168.76M	-93.42M	-78.32M	-58.92M	-50.64M
Financing Cash Flow	367.93M	343.97M	-15.04M	130.29M	-37.64M	22.82M

Technoprobe S.p.A. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 7.44
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:TPRO, the sentiment is Positive. The current price of 7.44 is above the 20-day moving average (MA) of 6.87, above the 50-day MA of 7.00, and above the 200-day MA of 6.44, indicating a bullish trend. The MACD of 0.14 indicates Negative momentum. The RSI at 64.60 is Neutral, neither overbought nor oversold. The STOCH value of 79.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IT:TPRO.

Technoprobe S.p.A. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
REY	67 Neutral	4.49B	18.59	16.24%	0.96%	9.04%	13.17%
TPRO	64 Neutral	€4.88B	69.07		―	38.31%	-30.40%
TXT	61 Neutral	364.65M	22.13	11.44%	0.81%	39.23%	0.53%
TNXT	60 Neutral	673.69M	167.93	2.40%	2.04%	17.21%	-80.93%
IOT	57 Neutral	423.53M	-27.15	-7.74%	―	-3.47%	-947.32%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%