Financials Italian Design Brands S.p.A.

Equities

IDB

IT0005543480

Home Furnishings

Market Closed - Borsa Italiana Other stock markets 11:44:59 2024-05-10 am EDT			5-day change	1st Jan Change
10.72 ^EUR	-2.90%		-0.92%	+5.30%

May. 10	Certain Ordinary Shares of Italian Design Brands S.p.A. are subject to a Lock-Up Agreement Ending on 10-MAY-2024.	CI
Apr. 16	Mid & Small" conference kicks off in London with Made in Italy champions	AN

Valuation

Fiscal Period: December	2023	2024	2025	2026
Capitalization ¹	274.1	287.8	-	-
Enterprise Value (EV) ¹	395	388.8	364.8	340.8
P/E ratio	8.85 x	18 x	-	-
Yield	-	-	-	-
Capitalization / Revenue	0.88 x	0.92 x	0.87 x	0.82 x
EV / Revenue	1.27 x	1.24 x	1.1 x	0.98 x
EV / EBITDA	7.27 x	7.29 x	6.3 x	5.59 x
EV / FCF	30.3 x	15 x	12.2 x	11.4 x
FCF Yield	3.3%	6.66%	8.2%	8.8%
Price to Book	-	1.7 x	-	1.36 x
Nbr of stocks (in thousands)	26,921	26,847	-	-
Reference price ²	10.18	10.72	10.72	10.72
Announcement Date	3/11/24	-	-	-

¹EUR in Million²EUR

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2022	2023	2024	2025	2026
Net sales ¹	201.6	310.8	314	332	349
EBITDA ¹	-	54.32	53.3	57.9	61
EBIT ¹	-	42.13	41.1	45.77	48
Operating Margin	-	13.56%	13.09%	13.79%	13.75%
Earnings before Tax (EBT) ¹	-	37.35	23	-	-
Net income ¹	-5.932	28.13	16	-	-
Net margin	-2.94%	9.05%	5.1%	-	-
EPS ²	-	1.150	0.5970	-	-
Free Cash Flow ¹	-	13.04	25.9	29.9	30
FCF margin	-	4.2%	8.25%	9.01%	8.6%
FCF Conversion (EBITDA)	-	24.01%	48.59%	51.64%	49.18%
FCF Conversion (Net income)	-	46.36%	161.88%	-	-
Dividend per Share ²	-	-	-	-	-
Announcement Date	6/9/23	3/11/24	-	-	-

¹EUR in Million²EUR

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2023 Q2	2023 S1	2023 Q3	2023 Q4
Net sales ¹	73.77	137.7	-	89.38
EBITDA ¹	13.52	24.14	10.3	20.15
EBIT ¹	-	-	-	16.74
Operating Margin	-	-	-	18.73%
Earnings before Tax (EBT)	-	-	-	-
Net income	-	-	-	-
Net margin	-	-	-	-
EPS	-	-	-	-
Dividend per Share	-	-	-	-
Announcement Date	9/15/23	9/15/23	12/11/23	3/11/24

¹EUR in Million

Estimates

Balance Sheet Analysis

Fiscal Period: December	2022	2023	2024	2025	2026
Net Debt ¹	-	121	101	77	53
Net Cash position ¹	-	-	-	-	-
Leverage (Debt/EBITDA)	-	2.227 x	1.895 x	1.33 x	0.8689 x
Free Cash Flow ¹	-	13	25.9	29.9	30
ROE (net income / shareholders' equity)	-	-	-	-	-
ROA (Net income/ Total Assets)	-	-	-	-	-
Assets ¹	-	-	-	-	-
Book Value Per Share ²	-	-	6.300	-	7.900
Cash Flow per Share	-	-	-	-	-
Capex ¹	-	6.77	8	8	8.7
Capex / Sales	-	2.18%	2.55%	2.41%	2.49%
Announcement Date	6/9/23	3/11/24	-	-	-

¹EUR in Million²EUR

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Italian Design Brands S.p.A.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

10.72 EUR

Average target price

14.3 EUR

Spread / Average Target

+33.40%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

Sector Other Home Furnishings

	1st Jan change	Capi.
ITALIAN DESIGN BRANDS S.P.A.	+5.30%	310M
MAN WAH HOLDINGS LIMITED	+17.76%	3.13B
LEGGETT & PLATT, INCORPORATED	-51.24%	1.71B
ZIEL HOME FURNISHING TECHNOLOGY CO., LTD.	+16.05%	1.54B
LUOLAI LIFESTYLE TECHNOLOGY CO., LTD.	-3.12%	1.04B
LOCTEK ERGONOMIC TECHNOLOGY CORP.	-0.22%	773M
SHANGHAI SHUIXING HOME TEXTILE CO., LTD.	+26.91%	654M
DER FUTURE SCIENCE AND TECHNOLOGY HOLDING GROUP CO., LTD.	-20.79%	441M
ZHEJIANG ZHENGTE CO., LTD.	-7.51%	343M
VICTORIAN PLUMBING GROUP PLC	-14.54%	318M

Other Home Furnishings