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BELL.MI$3.10+0.65%
Fair $3.10+0.0%

BELL.MI

Bellini Nautica S.p.A.

Consumer Cyclical / Recreational VehiclesMilan

$3.10

+0.02 (+0.65%)

Fairly Valued+0.0%Fair Value $3.10Fund rank 25/100 · Data gapFallback financials|
SA 44/C
F-Score: 5/9
Low Profitability

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 34% · confianza 20%

FCF escenarios

weak_data · normalized FCF $-1.5M · quality 52.7/100

Data gap 25/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 18/100Data 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

44/100

C

Piotroski

5/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 1unknown: 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. ROE is 0.9%, below the 5% threshold
Thesis & Journal · BELL.MILocal privado en este navegador · Bellini Nautica 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

$20M

P/E

310.0x

↑

EV/EBITDA

17.2x

↑

ROE

0.9%

↓

Gross Margin

31.7%

↑

Debt/Equity

0.56

↑
52-Week Range$3
$2$3

TradingView lightweight chart

BELL.MI price, volumen y niveles de valoración

Último $3.100Periodo +18.8%
Fair value: $3.100

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

+21.7%

FCF CAGR

—

FCF margin

-11.8%

FCF / Net income

-32.23x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $24.0M · net income $87655.0 · FCF $-2.8M

2022-FY → 2025-FY

Gross margin

31.7%-4.6% pts

Operating margin

2.2%-9.8% pts

Net margin

0.4%-4.7% pts

FCF margin

-11.8%+19.9% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$24.0M$24.0M$20.2M$11.8M$13.3M
Net Income$87655.00$87655.00$-200612.00$241407.00$674377.00
EBITDA$1.4M$1.4M$845391.00$652236.00$1.4M
EPS0.010.01-0.020.040.11
Gross Margin31.7%31.7%27.3%34.2%36.3%
Operating Margin2.2%2.2%1.4%3.7%12.0%
Net Margin0.4%0.4%-1.0%2.1%5.1%
Balance Sheet
Debt/Equity0.560.560.760.540.38
Current Ratio1.521.52———
Cash Flow
Free Cash Flow$-2.8M$-2.8M$-1.5M$-952108.00$-4.2M
Returns
ROE0.9%0.9%-2.8%3.3%10.0%
Valuation
P/E310.00310.00—45.0019.87
EV/EBITDA17.1817.1828.7321.9010.86
P/B2.042.042.721.501.98
Growth & Yield
Revenue Growth18.5%18.5%72.1%-11.5%—
EPS Growth169.8%169.8%-152.3%-64.3%—

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

171.2%

muy exigente

EPS terminal req.

$0.28

Spread vs growth

-1.3%

5Y implied EPS CAGR

89.0%

muy exigente

EPS terminal req.

$0.33

Spread vs growth

80.8%

10Y implied EPS CAGR

44.2%

muy exigente

EPS terminal req.

$0.54

Spread vs growth

125.6%

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 -1.9%

Total return

-1.9%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.02 → 0.01

Residual

-1.9%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-1.9%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

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.