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ABTG.MI$1.50-1.94%
Fair $1.50+0.0%

ABTG.MI

Alfio Bardolla Training Group S.p.A.

Consumer Defensive / Education & Training ServicesMilan

$1.50

-0.03 (-1.94%)

Fairly Valued+0.0%Fair Value $1.50Fund rank 26/100 · Data gapFallback financials|
SA 43/C
F-Score: 7/9

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 33% · confianza 20%

FCF escenarios

weak_data · normalized FCF $1.4M · quality 43.7/100

Data gap 26/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 14/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

43/100

C

Piotroski

7/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 0unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified.
Thesis & Journal · ABTG.MILocal privado en este navegador · Alfio Bardolla Training Group S.p.A.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$8M

P/E

16.5x

↑

EV/EBITDA

2.7x

↓

ROE

10.1%

↑

Gross Margin

92.2%

↑

Debt/Equity

0.10

↓
52-Week Range$2
$1$2

TradingView lightweight chart

ABTG.MI price, volumen y niveles de valoración

Último $1.520Periodo -57.8%
Fair value: $1.500

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2021–2024 · 3 años de histórico normalizado

Revenue CAGR

+17.4%

FCF CAGR

—

FCF margin

0.9%

FCF / Net income

0.46x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $22.9M · net income $464994.0 · FCF $214529.0

2021-FY → 2024-FY

Gross margin

92.2%-1.1% pts

Operating margin

4.5%-6.1% pts

Net margin

2.0%-2.1% pts

FCF margin

0.9%+13.7% pts
MetricTTM
2024
2023
2022
2021
Income Statement
Revenue$22.9M$22.9M$19.5M$15.8M$14.2M
Net Income$464994.00$464994.00$496140.00$-649072.00$584097.00
EBITDA$2.4M$2.4M$2.5M$1.5M$3.5M
EPS0.090.090.09-0.130.11
Gross Margin92.2%92.2%91.9%91.9%93.3%
Operating Margin4.5%4.5%10.3%0.9%10.7%
Net Margin2.0%2.0%2.5%-4.1%4.1%
Balance Sheet
Debt/Equity0.100.100.190.300.26
Current Ratio1.121.12———
Cash Flow
Free Cash Flow$214529.00$214529.00$1.4M$1.6M$-1.8M
Returns
ROE10.1%10.1%10.1%-15.9%12.1%
Valuation
P/E16.5016.5026.59—32.45
EV/EBITDA2.672.674.516.475.43
P/B1.671.672.692.583.93
Growth & Yield
Revenue Growth17.7%17.7%23.1%11.7%—
EPS Growth-4.1%-4.1%174.2%-211.4%—

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

13.5%

razonable

EPS terminal req.

$0.13

Spread vs growth

-17.6%

5Y implied EPS CAGR

12.1%

razonable

EPS terminal req.

$0.16

Spread vs growth

-16.2%

10Y implied EPS CAGR

11.1%

razonable

EPS terminal req.

$0.26

Spread vs growth

-15.1%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -20.0%

Total return

-20.0%

Start / end P/E

20.1x → 16.7x

EPS bridge

0.09 → 0.09

Residual

+0.7%

EPS growth-4.1%
Multiple rerating-16.6%
Dividend+0.0%
Residual / FX / buybacks / cross-term+0.7%

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.