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PHN.MI$88.70+1.34%
Fair $88.70+0.0%

PHN.MI

Pharmanutra S.p.A.

Healthcare / Drug Manufacturers - Specialty & GenericMilan

$88.70

+1.20 (+1.34%)

Fairly Valued+0.0%Fair Value $88.70Fund rank 28/100 · Data gapFallback financials|
SA 71/B
F-Score: 6/9

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 34% · confianza 19%

FCF escenarios

weak_data · normalized FCF $16.2M · quality 48.3/100

Data gap 28/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 19/100Data 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

71/100

B

Piotroski

6/9

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 · PHN.MILocal privado en este navegador · Pharmanutra 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

$849M

P/E

40.3x

↑

EV/EBITDA

24.9x

↑

ROE

28.0%

↑

Gross Margin

77.4%

↑

Debt/Equity

0.29

↑
52-Week Range$89
$39$92

TradingView lightweight chart

PHN.MI price, volumen y niveles de valoración

Último $90.60Periodo +547.6%
Fair value: $88.70

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

+16.8%

FCF CAGR

—

FCF margin

12.4%

FCF / Net income

0.82x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $132.9M · net income $20.0M · FCF $16.4M

2022-FY → 2025-FY

Gross margin

77.4%+3.7% pts

Operating margin

22.8%-5.1% pts

Net margin

15.0%-3.0% pts

FCF margin

12.4%+22.8% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$132.9M$132.9M$116.8M$101.4M$83.4M
Net Income$20.0M$20.0M$16.6M$12.8M$15.0M
EBITDA$34.3M$34.3M$32.2M$27.2M$24.6M
EPS2.092.091.731.331.56
Gross Margin77.4%77.4%77.8%70.7%73.7%
Operating Margin22.8%22.8%24.1%23.3%27.9%
Net Margin15.0%15.0%14.2%12.7%18.0%
Balance Sheet
Debt/Equity0.290.290.390.510.35
Current Ratio2.382.38———
Cash Flow
Free Cash Flow$16.4M$16.4M$16.2M$-1.2M$-8.7M
Returns
ROE28.0%28.0%26.7%23.6%29.5%
Valuation
P/E40.3240.3231.0442.1141.03
EV/EBITDA24.8824.8816.3120.2124.96
P/B11.9211.928.299.9312.15
Growth & Yield
Revenue Growth13.8%13.8%15.1%21.6%—
EPS Growth20.8%20.8%30.1%-14.7%—
Dividend Yield1.3%1.3%———

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

55.6%

muy exigente

EPS terminal req.

$7.87

Spread vs growth

-34.8%

5Y implied EPS CAGR

35.4%

muy exigente

EPS terminal req.

$9.52

Spread vs growth

-14.6%

10Y implied EPS CAGR

22.1%

exigente

EPS terminal req.

$15.34

Spread vs growth

-1.2%

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 +82.7%

Total return

+82.7%

Start / end P/E

28.9x → 43.3x

EPS bridge

1.73 → 2.09

Residual

+10.4%

EPS growth+20.8%
Multiple rerating+50.1%
Dividend+1.3%
Residual / FX / buybacks / cross-term+10.4%

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.