Zignago Vetro SpA (ZV) AI Stock Analysis

• Market Cap: €680.93M
• Dividend Yield: 5.87%
• Average Volume (3M): 123.06K
• Price to Earnings (P/E): 20.6
• Beta (1Y): 0.52
• Revenue Growth: -5.62%
• EPS Growth: -44.29%
• Country: US
• Employees: 2,807
• Sector: General
• Sector Strength: N/A
• Industry: Packaging & Containers
• EPS (TTM): 0.05
• Shares Outstanding: 89,320,000
• 10 Day Avg. Volume: 133,529
• 30 Day Avg. Volume: 123,055
• PEG Ratio: -0.28
• Price to Book (P/B): 2.25
• Price to Sales (P/S): 1.83
• P/FCF Ratio: 12.81
• 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: €8.50
• Price Target Upside: 8.14% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 64 Neutral
• Price Target: €8.50 ▲(8.14% Upside)

Zignago Vetro SpA's overall stock score reflects a mixed financial performance with stable profitability margins but declining revenue growth and cash flow challenges. The technical analysis suggests a neutral trend, while the valuation is supported by a reasonable P/E ratio and attractive dividend yield. The absence of earnings call data and corporate events means these factors did not influence the score.

Positive Factors

Profitability Margins

Strong profitability margins indicate effective cost management and operational efficiency, which can support long-term financial stability.

Sustainability Initiatives

Commitment to sustainability can attract environmentally conscious consumers and partners, supporting long-term demand and brand strength.

Stable Leverage Position

A stable leverage position ensures financial flexibility and reduces risk, allowing the company to invest in growth opportunities.

Negative Factors

Declining Revenue Growth

Decreasing revenue growth may signal challenges in market expansion or product demand, potentially impacting future profitability.

Decreasing ROE

A declining ROE suggests reduced efficiency in generating profits from equity, which may affect investor confidence and capital returns.

Cash Flow Challenges

Challenges in cash generation can limit the company's ability to fund operations and growth initiatives, impacting long-term financial health.

Zignago Vetro SpA Business Overview & Revenue Model

Company Description

Zignago Vetro S.p.A., together with its subsidiaries, engages in the production, marketing, and sale of hollow glass containers in Italy, rest of Europe, and internationally. The company offers glass containers for perfumes, food and beverage, and cosmetics markets; and specialty containers for wine, spirits, vinegar, olive oils. It is also involved in the treatment and sale of recycled glass; production and regeneration of glass container molds; and glass bottles sales promotion activities. The company was founded in 1950 and is headquartered in Fossalta di Portogruaro, Italy. Zignago Vetro S.p.A. is a subsidiary of Zignago Holding S.p.A.

How the Company Makes Money

Zignago Vetro SpA generates revenue primarily through the sale of its glass products to various sectors, including food and beverage, pharmaceuticals, and cosmetics. The company capitalizes on its strong manufacturing capabilities and technological advancements to produce high-quality glass containers that meet the specific needs of its clients. Key revenue streams include direct sales to large brands and manufacturers, as well as partnerships with distributors and retailers who facilitate the distribution of its products. Additionally, ZV focuses on sustainability initiatives, which can enhance its market appeal and potentially lead to increased sales as consumers and businesses seek environmentally friendly packaging solutions.

Zignago Vetro SpA Financial Statement Overview

Summary

Zignago Vetro SpA exhibits a mixed financial performance. While profitability margins remain relatively healthy, the decline in revenue growth and gross profit margin in the TTM period raises concerns about future sales and cost management. The balance sheet shows a stable leverage position, but the decreasing ROE suggests room for improvement in profitability. Cash flow metrics highlight challenges in cash generation, which could impact future investments and financial flexibility.

Income Statement

Zignago Vetro SpA's income statement shows a mixed performance. The TTM data indicates a decline in revenue growth at -3.1%, reflecting potential challenges in maintaining sales momentum. However, the company maintains a solid net profit margin of 7.8% and an EBIT margin of 9.1%, suggesting efficient cost management. Historical data shows a decline in gross profit margin from 46.6% in 2023 to 5.9% in TTM, indicating pressure on production costs or pricing strategies.

Balance Sheet

The balance sheet reflects a stable financial position with a debt-to-equity ratio of 0.79 in TTM, showing a manageable level of leverage. The return on equity (ROE) is 9.6%, which is decent but has decreased from previous years, indicating a need for improved profitability. The equity ratio stands at 46.4%, suggesting a balanced capital structure with a reasonable proportion of equity financing.

Cash Flow

The cash flow statement reveals some concerns, with a negative free cash flow growth rate of -4.9% in TTM, indicating potential issues in generating cash from operations. The operating cash flow to net income ratio is 0.49, suggesting that cash generation is not fully covering net income. However, the free cash flow to net income ratio of 0.69 indicates that a significant portion of net income is being converted into free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	439.34M	454.52M	519.97M	468.85M	362.44M	306.71M
Gross Profit	70.29M	176.62M	242.09M	176.43M	165.90M	139.70M
EBITDA	90.03M	116.61M	205.56M	107.81M	94.95M	67.70M
Net Income	32.79M	51.87M	122.39M	86.60M	60.02M	45.63M
Balance Sheet
Total Assets	741.87M	755.49M	809.20M	801.48M	689.45M	572.14M
Cash, Cash Equivalents and Short-Term Investments	82.04M	48.61M	74.78M	102.83M	117.54M	50.15M
Total Debt	256.99M	254.41M	268.81M	336.79M	310.46M	250.06M
Total Liabilities	397.32M	384.81M	419.78M	483.00M	427.93M	342.13M
Stockholders Equity	344.15M	370.29M	388.71M	317.95M	261.30M	229.98M
Cash Flow
Free Cash Flow	77.57M	64.90M	112.50M	-3.70M	28.78M	43.48M
Operating Cash Flow	109.94M	109.28M	150.15M	64.09M	103.23M	79.56M
Investing Cash Flow	-27.11M	-47.42M	-46.02M	-70.67M	-64.11M	-34.14M
Financing Cash Flow	-59.97M	-83.44M	-130.06M	-19.07M	28.19M	-38.80M

Zignago Vetro SpA Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 7.86
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:ZV, the sentiment is Negative. The current price of 7.86 is above the 20-day moving average (MA) of 7.85, above the 50-day MA of 7.53, and below the 200-day MA of 7.98, indicating a bearish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 38.46 is Neutral, neither overbought nor oversold. The STOCH value of 10.16 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IT:ZV.

Zignago Vetro SpA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CMB	76 Outperform	€1.14B	25.11	21.53%	2.75%	6.00%	20.37%
FILA	72 Outperform	€472.83M	7.02	11.68%	8.29%	-11.91%	-61.21%
COM	69 Neutral	€1.45B	24.30	―	1.80%	-20.36%	-23.31%
LUVE	66 Neutral	€893.81M	24.95	―	1.08%	―	―
ZV	64 Neutral	€680.93M	20.59	9.41%	5.87%	-5.62%	-44.29%
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
GVS	53 Neutral	€772.79M	32.49	5.87%	―	-2.51%	26.79%

Zignago Vetro SpA Corporate Events

Zignago Vetro Shows Recovery in Q3 2025 Amidst Market Challenges

Zignago Vetro S.p.A. reported a recovery in sales volumes and margins in Q3 2025, following a challenging first half of the year. Despite a decrease in revenues and profits compared to 2024, the company showed improvement in cash generation and a reduction in net financial debt. The demand for beverage and food containers is recovering, while the cosmetics and perfumery sectors still face challenges due to ongoing destocking and slow sell-out recovery.

The most recent analyst rating on (IT:ZV) stock is a Hold with a EUR9.00 price target. To see the full list of analyst forecasts on Zignago Vetro SpA stock, see the IT:ZV Stock Forecast page.