Goodwill - Vimi Fasteners SpA (MIL:VIM)

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Price: 1.13 EUR -0.88% Market Closed

Market Cap: €15.4m

Vimi Fasteners SpA
Goodwill

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Vimi Fasteners SpA
Goodwill Peer Comparison

Company		Goodwill	CAGR 3Y	CAGR 5Y	CAGR 10Y
V	Vimi Fasteners SpA MIL:VIM	Goodwill €17.4m	CAGR 3-Years 7%	CAGR 5-Years 4%	CAGR 10-Years N/A
D	Danieli & C Officine Meccaniche SpA MIL:DAN	Goodwill €6.7m	CAGR 3-Years -6%	CAGR 5-Years -3%	CAGR 10-Years N/A
	Interpump Group SpA MIL:IP	Goodwill €826.2m	CAGR 3-Years 3%	CAGR 5-Years 9%	CAGR 10-Years 9%
	Piovan SpA MIL:PVN	Goodwill €74.6m	CAGR 3-Years 49%	CAGR 5-Years 66%	CAGR 10-Years N/A
I	Industrie De Nora SpA MIL:DNR	Goodwill €68.7m	CAGR 3-Years 3%	CAGR 5-Years 1%	CAGR 10-Years N/A
	GVS SpA MIL:GVS	Goodwill €249.3m	CAGR 3-Years -11%	CAGR 5-Years 29%	CAGR 10-Years N/A

Vimi Fasteners SpA
Glance View

Market Cap

15.4m EUR

Industry

Machinery

Vimi Fasteners SpA engages in the manufacture and marketing of mechanical fasteners for industrial applications. The company is headquartered in Novellara, Reggio Emilia and currently employs 237 full-time employees. The company went IPO on 2018-08-02. The company is active in the automotive, industrial engines and vehicles, oil and gas, aerospace and motorsport markets. The company provides a wide range of products and services for different applications, such as Engines, Turbochargers, Manifold and Exhaust Systems, Power Transmissions, Braking Systems, Suspensions and Wheels. The Engine offering includes design and production of fastener systems to assemble engine critical components. Turbochargers offering includes turbochargers and related products. Manifold and Exhaust Systems offers fasteners used in high temperature applications. Power Transmissions provides high fatigue resistance fastener systems. Braking Systems embraces fastener systems braking system-related developed in partnership with other companies. The firm in active locally, in Germany, the United States and in China.

View VIM Analysis

VIM Intrinsic Value

Undervaluation 47%

Intrinsic Value

Price

What is Intrinsic Value?

Economic Moat is a concept popularized by Warren Buffett to describe a company's durable competitive advantage. It represents the 'moat' that protects a company from competitors and helps it sustain profitability over the long term. Our analysis of the past 10 years showed that companies with a wide economic moat significantly outperformed the market, delivering +645% returns compared to +189% for the S&P 500.

Our research into Economic Moat performance spans the past 10 years and focuses on companies with a wide economic moat. For this analysis, we calculated the average stock price returns of these companies, comparing them to the performance of the S&P 500 index over the same period.

The results were compelling: wide moat stocks achieved a remarkable +645% average return, compared to +188% for the broader market. This difference highlights the long-term benefits of investing in businesses that can maintain their market position and pricing power over time.

Note: This research does not account for survivorship bias. Past performance is not indicative of future results.

Determining whether a company has an economic moat requires both a deep dive into financial metrics and a qualitative assessment of its competitive position. Our analysts conduct a rigorous evaluation that focuses on identifying structural advantages that enable a company to sustain profitability and defend its market share over the long term.

The process begins with an analysis of a company’s historical financial performance. We assess how consistently the company has generated returns above its cost of capital and whether those returns have been stable or improving. However, financial performance alone doesn’t reveal the full picture. To understand the sources of these advantages, we evaluate five key drivers of economic moats:

Network Effect: We analyze whether the value of a company’s product or service grows as its user base expands. Platforms like payment systems or marketplaces benefit from this self-reinforcing.

Switching Costs: We assess whether customers face significant costs or disruptions when switching to a competitor’s product or service. High switching costs create customer stickiness and provide pricing power.

Intangible Assets: Strong brands, patents, and regulatory licenses can protect a company’s market position by creating barriers for competitors or enabling premium pricing. For example, a well-recognized consumer brand may command higher customer loyalty and margins.

Efficient scale: Occurs when a market is optimally served by one or a few players, making it unprofitable for new entrants to compete. This typically happens in industries with high fixed costs or geographic constraints, such as utilities or pipelines.

Cost Advantage: Companies with structural cost advantages can produce goods or services at a lower cost than their competitors, enabling them to offer competitive pricing or maintain higher margins. These advantages often arise from economies of scale, superior supply chain management, or proprietary technology. Firms like Walmart leverage their massive scale to negotiate better terms with suppliers, allowing them to undercut competitors on price.

By examining these factors in combination with a company’s financial performance and market positioning, we classify each company into one of three categories:

This rigorous evaluation ensures that our moat ratings are both comprehensive and reliable, giving investors the tools they need to make well-informed, long-term decisions.

The AI Assistant may sometimes provide inaccurate information.

Make your own investment decisions or consult a licensed financial advisor.

Vimi Fasteners SpA
MIL:VIM

Vimi Fasteners SpA
Goodwill

Vimi Fasteners SpA
Goodwill Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Vimi Fasteners SpA
Glance View

See Also

What is Vimi Fasteners SpA's Goodwill?

Goodwill
17.4m EUR

What is Vimi Fasteners SpA's Goodwill growth rate?

Goodwill CAGR 5Y
4%

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Vimi Fasteners SpA MIL:VIM

Vimi Fasteners SpA Goodwill

Vimi Fasteners SpA Goodwill Peer Comparison

Competitors Analysis Latest Figures & CAGR of Competitors

Vimi Fasteners SpA Glance View

See Also

What is Vimi Fasteners SpA's Goodwill? Goodwill 17.4m EUR

What is Vimi Fasteners SpA's Goodwill growth rate? Goodwill CAGR 5Y 4%

Company

Help

Tools

Stocks

Vimi Fasteners SpA
MIL:VIM

Vimi Fasteners SpA
Goodwill

Vimi Fasteners SpA
Goodwill Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Vimi Fasteners SpA
Glance View

What is Vimi Fasteners SpA's Goodwill?

Goodwill
17.4m EUR

What is Vimi Fasteners SpA's Goodwill growth rate?

Goodwill CAGR 5Y
4%