Safilo Group SpA
OTC:SAFLY

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Safilo Group SpA Logo
Safilo Group SpA
OTC:SAFLY
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Price: 4.38 USD Market Closed
Market Cap: $904.3m

EV/OCF

7.8
Current
14%
Cheaper
vs 3-y average of 9.1

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
7.8
=
Enterprise Value
$709.1m
/
Operating Cash Flow
€89.7m

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
7.8
=
Enterprise Value
$709.1m
/
Operating Cash Flow
€89.7m

Valuation Scenarios

Safilo Group SpA is trading below its 3-year average

If EV/OCF returns to its 3-Year Average (9.1), the stock would be worth $5.11 (17% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+59%
Average Upside
35%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 7.8 $4.38
0%
3-Year Average 9.1 $5.11
+17%
5-Year Average 9.3 $5.23
+20%
Industry Average 12.4 $6.98
+59%
Country Average 11.1 $6.25
+43%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
IT
Safilo Group SpA
OTC:SAFLY
691.1m USD 7.8 14.2
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
234.1B EUR 13.4 21.5
FR
Hermes International SCA
PAR:RMS
172.8B EUR 30.3 38.2
KR
SBW
KRX:102280
235.5T KRW 2 215 163.4 -117 637.1
CH
Compagnie Financiere Richemont SA
SIX:CFR
88.6B CHF 18.4 23.8
FR
EssilorLuxottica SA
PAR:EL
85.9B EUR 18 37.1
FR
Christian Dior SE
PAR:CDI
80.1B EUR 5.5 17.7
IN
Titan Company Ltd
NSE:TITAN
4T INR 262.9 82.1
FR
Kering SA
PAR:KER
29.4B EUR 12.8 413
CN
ANTA Sports Products Ltd
HKEX:2020
235.3B HKD 9.2 14.9
US
Tapestry Inc
NYSE:TPR
29.6B USD 17.5 56.6
P/E Multiple
Earnings Growth PEG
IT
Safilo Group SpA
OTC:SAFLY
Average P/E: 71.9
14.2
10%
1.4
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
21.5
11%
2
FR
Hermes International SCA
PAR:RMS
38.2
12%
3.2
KR
SBW
KRX:102280
Negative Multiple: -117 637.1 N/A N/A
CH
Compagnie Financiere Richemont SA
SIX:CFR
23.8
16%
1.5
FR
EssilorLuxottica SA
PAR:EL
37.1
26%
1.4
FR
Christian Dior SE
PAR:CDI
17.7
N/A N/A
IN
Titan Company Ltd
NSE:TITAN
82.1
32%
2.6
FR
Kering SA
PAR:KER
413
186%
2.2
CN
ANTA Sports Products Ltd
HKEX:2020
14.9
10%
1.5
US
Tapestry Inc
NYSE:TPR
56.6
107%
0.5

Market Distribution

In line with most companies in Italy
Percentile
45th
Based on 752 companies
45th percentile
9.5
Low
0.7 — 7
Typical Range
7 — 14.7
High
14.7 —
Distribution Statistics
Italy
Min 0.7
30th Percentile 7
Median 11.1
70th Percentile 14.7
Max 4 040.2

Safilo Group SpA
Glance View

Safilo Group SpA engages in the design, manufacture and distribution of prescription frames, sunglasses and sports eyewear under licensing agreements for luxury and premium brands as well as under its own brands. The company is headquartered in Padova, Padova and currently employs 4,545 full-time employees. The company went IPO on 2005-12-09. The Group manufactures sunglasses and prescription eyewear and is engaged in the design, production, wholesale and retail distribution of products for the eyewear market. The Group operates a number of brands grouped into own brands and licensed brands. The Group's own brands consists of house brand collections of optical frames, sunglasses, technical glasses, ski goggles and helmets and includes the Safilo, Carrera, Polaroid, Smith Optics and Oxydo brands. The licensed brands portfolio includes Alexander McQueen, Banana Republic, BOSS, BOSS Orange, Bottega Veneta, Celine, Dior, Fossil, Gucci, HUGO, J.Lo by Jennifer Lopez, Jimmy Choo, Juicy Couture, Kate Spade, Liz Claiborne, Marc Jacobs, Marc by Marc Jacobs, Max Mara, Max&Co, Pierre Cardin, Saint Laurent, Saks Fifth Avenue and Tommy Hilfiger. The company operates through 30 owned subsidiaries in America, Europe and Asia and through a network of distributors.

SAFLY Intrinsic Value
4.63 USD
Undervaluation 5%
Intrinsic Value
Price $4.38
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