Dashboard
1
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 4.59
2
Poor long term growth as Operating profit has grown by an annual rate 7.63% of over the last 5 years
3
The company has declared Positive results for the last 3 consecutive quarters
4
With ROE of 38.67%, it has a Very Expensive valuation with a 10.86 Price to Book Value
5
Market Beating performance in long term as well as near term
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
8.45%
0%
8.45%
6 Months
30.4%
0%
30.4%
1 Year
52.26%
0%
52.26%
2 Years
84.91%
0%
84.91%
3 Years
120.45%
0%
120.45%
4 Years
90.91%
0%
90.91%
5 Years
78.58%
0%
78.58%
Technogym SpA for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
9.98%
EBIT Growth (5y)
7.63%
EBIT to Interest (avg)
4.59
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.69
Sales to Capital Employed (avg)
2.09
Tax Ratio
27.54%
Dividend Payout Ratio
68.65%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
59.65%
ROE (avg)
19.47%
Valuation key factors
Factor
Value
P/E Ratio
28
Industry P/E
Price to Book Value
10.86
EV to EBIT
20.09
EV to EBITDA
14.38
EV to Capital Employed
19.03
EV to Sales
2.82
PEG Ratio
0.99
Dividend Yield
NA
ROCE (Latest)
94.75%
ROE (Latest)
38.67%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
Bearish
Bearish
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
No Trend
Bullish
OBV
No Trend
Mildly Bullish
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Annual Results Snapshot (Consolidated) - Dec'23
Dec'23
Dec'22
Change(%)
Net Sales
806.30
719.00
12.14%
Operating Profit (PBDIT) excl Other Income
138.00
118.90
16.06%
Interest
2.60
1.90
36.84%
Exceptional Items
-0.70
0.30
-333.33%
Consolidate Net Profit
77.20
63.90
20.81%
Operating Profit Margin (Excl OI)
114.60%
109.20%
0.54%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2023 is 12.14% vs 17.93% in Dec 2022
Consolidated Net Profit
YoY Growth in year ended Dec 2023 is 20.81% vs 0.95% in Dec 2022
About Technogym SpA 
Technogym SpA
Media & Entertainment
Technogym SpA is an Italy-based company engaged in the recreational products industry. The Company manufactures fitness equipment. It designs and manufactures fitness equipment for private individuals, corporations, fitness centres, hotels and spas and medical centres. The Company's products offer include treadmills, exercise bikes, cross trainers, circuit training, core exercises equipment, fitness accessories, gym benches, kinesis, legs exercises equipment, multi gyms, plate loaded equipment, software and hardware, steppers, stretching machines, upper body equipment and weights, dumbbells and bars for cardiovascular training, group fitness, resistance and functional training and strength training, among others.
Company Coordinates 
Company Details
Via Calcinaro, 2861 , CESENA None : 47521
Registrar Details






