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

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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
Aftermarket And Brand PortfolioEmak’s recurring aftermarket sales (spare parts, consumables, accessories) tied to its installed base provide steadier revenue and higher margins versus new machine cycles. Combined with a multi‑brand distribution model, this reduces cyclicality, supports cash flow predictability and strengthens customer retention across geographies.
Gross Margin ReboundThe sharp 2025 gross‑margin rebound to about 49% signals meaningful improvement in sourcing, pricing or product mix, delivering structural operating leverage. If sustained, higher gross margins materially improve the capacity to cover fixed costs, lift operating profits, and provide cash to invest or shore up margins further.
Positive Free Cash FlowPositive operating cash flow and €23.9M of free cash flow in 2025 show the company can convert earnings into cash. Improved FCF enhances financial flexibility to fund capex, service debt and sustain shareholder returns, reducing dependence on external financing over the medium term.
Bears Say
Thin Net Margins And Weak ReturnsA net margin near 2.2% and materially weakened returns suggest limited residual earnings after operating and financing costs. Persistently thin net profitability constrains the company’s ability to self‑fund growth, rebuild equity returns, and deliver sustained shareholder value even if top‑line or gross margins improve.
Choppy Revenue TrendVolatile, inconsistent revenue (down 2.1% in 2025 after mixed years) undermines predictability of cash flows and capacity utilization. This makes long‑term planning, working‑capital management and investment decisions harder, and signals exposure to cyclical end markets that can pressure margins over time.
Limited Debt CoverageOperating cash flow covers only ~20% of the company’s debt in 2025 and leverage remains nearly 1:1 (D/E ~0.94). Modest cash coverage limits near‑term deleveraging capacity, increases vulnerability to demand shocks, and constrains the company’s ability to accelerate investment or dividends without raising refinancing risk.

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 €137.21M.
      When is EMAK SPA’s upcoming earnings report date?
      EMAK SPA’s upcoming earnings report date is Nov 13, 2026 which is in 81 days.
        How were EMAK SPA’s earnings last quarter?
        EMAK SPA released its earnings results on Aug 07, 2026. The company reported €0.037 earnings per share for the quarter, missing the consensus estimate of N/A by N/A.
          Is EMAK SPA overvalued?
          According to Wall Street analysts EMAK SPA’s price is currently Overvalued. 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 3.58%. 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?
                EMAK SPA reported an EPS of €0.037 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -5.586%.
                  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

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