Newlat Food SpA
MIL:NWL

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Newlat Food SpA Logo
Newlat Food SpA
MIL:NWL
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Price: 16.86 EUR -2.82% Market Closed
Market Cap: €740.8m

P/FCFE

1.6
Current
14%
Cheaper
vs 3-y average of 1.9

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
1.6
=
Market Cap
€756.8m
/
Free Cash Flow to Equity
€452.9m

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
1.6
=
Market Cap
€756.8m
/
Free Cash Flow to Equity
€452.9m

Valuation Scenarios

Newlat Food SpA is trading below its 3-year average

If P/FCFE returns to its 3-Year Average (1.9), the stock would be worth €19.66 (17% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+2 438%
Average Upside
893%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 1.6 €16.86
0%
3-Year Average 1.9 €19.66
+17%
5-Year Average 1.7 €18.07
+7%
Industry Average 40.7 €427.9
+2 438%
Country Average 19.4 €204.03
+1 110%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
IT
Newlat Food SpA
MIL:NWL
726.3m EUR 1.6 1.9
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY -621 880.5 540 752.8
CH
Nestle SA
SIX:NESN
203.3B CHF 28.5 22.5
US
Mondelez International Inc
NASDAQ:MDLZ
78.7B USD 15.9 32.1
FR
Danone SA
PAR:BN
42.7B EUR 15.3 23.5
ZA
Tiger Brands Ltd
JSE:TBS
47.6B ZAR 347.5 12.5
US
Hershey Co
NYSE:HSY
37B USD 19.6 41.9
CN
Muyuan Foods Co Ltd
SZSE:002714
244.2B CNY -46.5 25
ZA
Avi Ltd
JSE:AVI
33.1B ZAR 16.6 12.8
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
225.7B CNY 35.9 32.1
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23.2B CHF 198.9 31.9

Market Distribution

Lower than 99% of companies in Italy
Percentile
1st
Based on 563 companies
1st percentile
1.6
Low
0.9 — 11.9
Typical Range
11.9 — 28.4
High
28.4 —
Distribution Statistics
Italy
Min 0.9
30th Percentile 11.9
Median 19.4
70th Percentile 28.4
Max 10 354.4

Newlat Food SpA
Glance View

Newlat Food SpA engages in the production of milk, pasta, baked goods and baby food products. The company is headquartered in Reggio Nell'Emilia, Reggio Emilia and currently employs 2,099 full-time employees. The company went IPO on 2019-10-29. The firm is active in the food industry operating through six segments: Pasta, Milk Products, Bakery Products, Dairy Products, Special Products and Other Products. Its product offering includes pasta, rusks, crostini, milk, yogurt, butter and processed cheese, mascarpone and ricotta, mozzarella and scamorza, gluten-free products, protein-free products and children's food. The company owns a portfolio of brands and is active mainly in Italy and Germany.

NWL Intrinsic Value
31.69 EUR
Undervaluation 47%
Intrinsic Value
Price €16.86
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