ScoreWhy is Racing Force SpA ?
1
Strong Long Term Fundamental Strength with a -1.28% CAGR growth in Operating Profits
2
Healthy long term growth as Net Sales has grown by an annual rate of 12.76% and Operating profit at -1.28%
3
Flat results in Jun 24
- INTEREST(HY) At EUR 0.41 MM has Grown at 43.77%
- ROCE(HY) Lowest at 9.83%
- INVENTORY TURNOVER RATIO(HY) Lowest at 1.15%
4
With ROE of 7.69%, it has a Expensive valuation with a 2.21 Price to Book Value
- Over the past year, while the stock has generated a return of 24.23%, its profits have fallen by -13.3%
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Racing Force SpA should be less than 10%
- Overall Portfolio exposure to Auto Components & Equipments should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Auto Components & Equipments)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Racing Force SpA for you?
Medium Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Racing Force SpA
24.23%
0.91
29.40%
Italy FTSE MIB
24.83%
1.30
19.16%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
12.76%
EBIT Growth (5y)
-1.28%
EBIT to Interest (avg)
4.82
Debt to EBITDA (avg)
1.20
Net Debt to Equity (avg)
0.02
Sales to Capital Employed (avg)
1.04
Tax Ratio
11.06%
Dividend Payout Ratio
42.41%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
11.31%
ROE (avg)
14.29%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
29
Industry P/E
Price to Book Value
2.21
EV to EBIT
30.36
EV to EBITDA
16.40
EV to Capital Employed
2.12
EV to Sales
2.05
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
6.99%
ROE (Latest)
7.69%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
No Trend
No Trend
OBV
Mildly Bearish
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend
Not enough Data to analyse Financial Trend
Not enough Data to analyse Financial Trend
Here's what is working for Racing Force SpA
Net Profit
Higher at EUR 5.39 MM
than preceding 12 month period ended Jun 2024MOJO Watch
In the half year the company has already crossed Net Profit of the previous twelve months
Net Profit (EUR MM)
Net Sales
Highest at EUR 37.58 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (EUR MM)
Here's what is not working for Racing Force SpA
Interest
At EUR 0.41 MM has Grown at 43.77%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (EUR MM)
Inventory Turnover Ratio
Lowest at 1.15%
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Debtors Turnover Ratio
Lowest at 4.23%
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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