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

• Market Cap: €6.05B
• Dividend Yield: N/A
• Average Volume (3M): 656.32K
• Price to Earnings (P/E): 85.8
• Beta (1Y): 0.86
• Revenue Growth: 38.31%
• EPS Growth: -30.40%
• Country: IT
• Employees: 2,876
• Sector: Technology
• Sector Strength: 88
• Industry: Semiconductors
• EPS (TTM): 0.10
• Shares Outstanding: 653,260,860
• 10 Day Avg. Volume: 460,758
• 30 Day Avg. Volume: 656,318
• PEG Ratio: -1.55
• Price to Book (P/B): 3.00
• Price to Sales (P/S): 6.83
• P/FCF Ratio: 123.89
• 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: €9.17
• Price Target Upside: 5.65% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 71 Outperform
• Price Target: €9.50 ▲(9.45% Upside)

Technoprobe S.p.A. scores well due to strong financial performance and positive technical indicators, suggesting stability and growth potential. However, the high P/E ratio indicates overvaluation, which is a significant risk factor. The absence of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong demand for Technoprobe's products, reflecting its competitive position in the semiconductor industry.

Balance Sheet Health

Minimal leverage and a robust capital structure provide Technoprobe with financial stability and flexibility to invest in growth opportunities.

Cash Flow Growth

Improved cash generation capabilities enhance Technoprobe's ability to fund operations and strategic initiatives without relying on external financing.

Negative Factors

Profitability Margins

Declining profitability margins suggest increased cost pressures or pricing challenges, potentially impacting long-term earnings sustainability.

Cash Flow Management

Inefficient cash flow management could limit Technoprobe's ability to reinvest in the business and meet financial obligations, affecting future growth.

Earnings Growth

A significant decline in earnings per share growth indicates potential challenges in maintaining profitability and may affect investor confidence.

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

Company Description

Technoprobe S.p.A. produces and sells electronic circuits in Italy and internationally. The company also offers mechanical interfaces for electrical contacting of hybrid circuits and semiconductor devices; and designs, develops, and produces probe cards for testing the operation of chips. Its products are used in digital data and 5G, IoT, data center, automotive and self-driving car, telecommunications and media, industry and aerospace, and consumer electronics applications. The company was founded in 1993 and is based in Cernusco Lombardone, Italy. Technoprobe S.p.A. operates as a subsidiary of T- Plus S.P.A.

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. exhibits strong financial health with consistent revenue growth and a solid balance sheet characterized by low leverage. While profitability margins have slightly declined, the company remains stable. Cash flow management presents an area for improvement, particularly in converting earnings into free cash flow.

Income Statement

Technoprobe S.p.A. shows a solid revenue growth rate of 7.24% in the TTM, indicating a positive trend in sales. The gross profit margin of 41.52% and net profit margin of 11.17% reflect stable profitability, although both have decreased compared to previous years. The EBIT margin of 14.15% and EBITDA margin of 24.75% suggest effective cost management, but there is room for improvement in operational efficiency.

Balance Sheet

The company maintains a strong balance sheet with a low debt-to-equity ratio of 0.015, indicating minimal leverage and financial risk. The return on equity of 5.67% in the TTM is modest, reflecting a decrease from previous years, but the equity ratio of 88.42% highlights a robust capital structure.

Cash Flow

Technoprobe S.p.A. demonstrates a healthy free cash flow growth rate of 36.02% in the TTM, showcasing improved cash generation capabilities. However, the negative free cash flow to net income ratio suggests challenges in converting profits into free cash flow. The operating cash flow to net income ratio of 0.29 indicates a need for better cash flow management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	627.96M	543.15M	409.27M	548.93M	391.74M	329.55M
Gross Profit	271.34M	223.44M	199.33M	332.78M	234.72M	203.43M
EBITDA	165.34M	167.94M	128.48M	244.18M	177.66M	153.54M
Net Income	70.10M	63.83M	97.00M	147.90M	118.32M	101.58M
Balance Sheet
Total Assets	1.39B	1.41B	928.39M	866.82M	537.35M	435.91M
Cash, Cash Equivalents and Short-Term Investments	659.15M	666.38M	361.80M	411.03M	146.75M	158.30M
Total Debt	17.13M	18.80M	13.53M	8.20M	11.95M	37.19M
Total Liabilities	157.04M	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	83.73M	29.96M	-2.18M	127.52M	21.57M	46.25M
Operating Cash Flow	154.26M	124.41M	61.75M	207.24M	81.26M	97.97M
Investing Cash Flow	-73.12M	-168.76M	-93.42M	-78.32M	-58.92M	-3.91M
Financing Cash Flow	-62.27M	343.97M	-15.04M	130.29M	-37.64M	22.82M

Technoprobe S.p.A. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 8.68
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:TPRO, the sentiment is Neutral. The current price of 8.68 is below the 20-day moving average (MA) of 9.08, above the 50-day MA of 8.37, and above the 200-day MA of 6.97, indicating a neutral trend. The MACD of 0.18 indicates Positive momentum. The RSI at 44.75 is Neutral, neither overbought nor oversold. The STOCH value of 13.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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	74 Outperform	€4.44B	18.86	18.54%	1.00%	9.04%	13.17%
TPRO	71 Outperform	€6.05B	85.78	―	―	38.31%	-30.40%
TXT	64 Neutral	€383.47M	22.74	13.06%	0.80%	39.23%	0.77%
IOT	62 Neutral	€445.47M	-28.56	-5.53%	―	-3.47%	-947.32%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
TNXT	60 Neutral	€677.36M	169.07	1.04%	2.03%	17.21%	-80.93%