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EMAK SPA (IT:EM)
:EM
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EMAK SPA (EM) Price & Analysis

9 Followers

EM Stock Chart & Stats

€0.91
>-€0.01(-0.97%)
At close: 4:00 PM EST
€0.91
>-€0.01(-0.97%)

Bulls Say, Bears Say

Bulls Say
Diversified Revenue StreamsEMAK’s business mixes equipment sales with replacement parts and after‑sales service sold through distributors and dealers. The installed base and aftermarket provide recurring, higher‑margin opportunities over time, reducing reliance on single transactional cycles and supporting steady cash flows.
Positive Cash GenerationIn 2025 EMAK produced positive operating cash flow (~€43.5M) and FCF (~€23.9M). Sustained positive free cash flow enables funding of maintenance capex, working capital and shareholder returns internally, improving resilience and providing capacity to invest in product or distribution initiatives over the medium term.
Improving LeverageLeverage is moderate for an industrial manufacturer and trending down (debt/equity ~0.94 in 2025 from ~1.02 in 2024). This improvement enhances financial flexibility, reduces refinancing risk and gives management more scope to allocate cash toward strategic actions rather than urgent deleveraging in adverse cycles.
Bears Say
Thin Profitability & Weakening ReturnsDespite a gross margin rebound, net margin remains very thin (~2.2% in 2025) and ROE has fallen materially to ~4.9% from double‑digit levels in prior years. Persistently low margins and declining returns indicate weaker earnings power and limited capital efficiency, constraining long‑term shareholder value creation.
Choppy Revenue TrendsTop‑line has been uneven—2025 revenue fell ~2.1% after modest 2024 growth and a down 2023—reducing predictability for capacity, inventory and distributor planning. Structural revenue volatility makes sustained margin improvement and investment planning harder, increasing execution risk across cycles.
Inconsistent Cash ConversionFree cash flow is uneven (including negative FCF in 2022) and in 2025 covered only about half of net income; operating cash relative to debt is modest (~0.20). This inconsistent cash conversion limits capacity to sustainably deleverage, fund growth projects or absorb shocks without external financing.

EMAK SPA News

EM FAQ

What was EMAK SPA’s price range in the past 12 months?
EMAK SPA lowest stock price was €0.80 and its highest was €1.05 in the past 12 months.
    What is EMAK SPA’s market cap?
    EMAK SPA’s market cap is €146.53M.
      When is EMAK SPA’s upcoming earnings report date?
      The company’s upcoming earnings report date is not yet available.
      How were EMAK SPA’s earnings last quarter?
      Currently, no data Available
      Is EMAK SPA overvalued?
      According to Wall Street analysts EMAK SPA’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
        Does EMAK SPA pay dividends?
        EMAK SPA pays a Annually dividend of €0.03 which represents an annual dividend yield of 2.74%. See more information on EMAK SPA dividends here
          What is EMAK SPA’s EPS estimate?
          EMAK SPA’s EPS estimate for its next earnings report is not yet available.
          How many shares outstanding does EMAK SPA have?
          EMAK SPA has 163,934,830 shares outstanding.
            What happened to EMAK SPA’s price movement after its last earnings report?
            Currently, no data Available
            Which hedge fund is a major shareholder of EMAK SPA?
            Currently, no hedge funds are holding shares in IT:EM
            What is the TipRanks Smart Score and how is it calculated?
            Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

              Company Description

              EMAK SPA

              Emak S.p.A., along with its affiliated companies, specializes in the development, manufacturing, and global distribution of a diverse product range across three primary business areas: outdoor power equipment, high-pressure water jetting and pumping systems, and specialized components and accessories. In the outdoor power equipment sector, Emak provides an extensive selection of tools for gardening, forestry, and agricultural applications, including brush cutters, lawnmowers, garden tractors, chainsaws, tillers, motor hoes, and walking tractors, sold under renowned brands such as Oleo-Mac, Efco, Bertolini, Nibbi, and Staub. The company also produces a variety of pumping solutions, offering centrifugal, diaphragm, and piston pumps, along with their associated components, for use in spraying and weeding machinery. Additionally, it supplies low, high, and very high-pressure piston pumps, hydrodynamic units, and accessories tailored for industrial water blasting and urban cleaning equipment. Its portfolio extends to pressure washers, floor washing-drying machines, and vacuum cleaners, marketed through brands like Comet, HPP, Lemasa, PTC Waterjetting Equipment, PTC Urban Cleaning Equipment, Poli, and Lavor. Furthermore, Emak provides a wide array of complementary components and accessories. These include lines and heads for brush-cutters, chainsaw accessories, and pistols, valves, and nozzles for both pressure cleaning and agricultural uses. Its offerings extend to precision farming technology, such as sensors and computer systems, alongside technical seating and spare parts for tractors, available under its own brands—Tecomec, Geoline, Agres, Mecline, Markusson, and Sabart—in addition to certain third-party brands. Operating globally, Emak maintains a presence across Italy, the rest of Europe, the Americas, Asia, Africa, and Oceania. The company, established in 1972, is headquartered in Bagnolo in Piano, Italy, and functions as a subsidiary of Yama S.p.A.

              EMAK SPA (EM) Earnings & Revenues

              EM Stock 12 Month Forecast

              Average Price Target

              €1.45
              ▲(59.34% Upside)
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