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Tamburi Investment Partners

DB:T1I
Snowflake Description

Acceptable track record second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
T1I
DB
€866M
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

Tamburi Investment Partners S.p.A. is private equity firm specializing in direct and secondary direct investments. The last earnings update was 22 days ago. More info.


Add to Portfolio Compare Print
  • Tamburi Investment Partners is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
  • Tamburi Investment Partners has significant price volatility in the past 3 months.
T1I Share Price and Events
7 Day Returns
0.4%
DB:T1I
-6.8%
DE Capital Markets
-2.7%
DE Market
1 Year Returns
-11.4%
DB:T1I
-11.8%
DE Capital Markets
-20.4%
DE Market
T1I Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Tamburi Investment Partners (T1I) 0.4% -10.3% -17.9% -11.4% - -
DE Capital Markets -6.8% -21.9% -18% -11.8% -29% -57.8%
DE Market -2.7% -18.4% -26.7% -20.4% -25.9% -30.4%
1 Year Return vs Industry and Market
  • T1I matched the Capital Markets industry (-11.8%) over the past year.
  • T1I outperformed the Market in Germany which returned -20.4% over the past year.
Price Volatility
T1I
Industry
5yr Volatility vs Market

T1I Value

 Is Tamburi Investment Partners undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Tamburi Investment Partners to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Tamburi Investment Partners.

DB:T1I Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= €4.19 * 7.1%
€0.30
Book Value of Equity per Share Median Book Value from the past 5 years. €4.19
Discount Rate (Cost of Equity) See below 8.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:T1I
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 8.2%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.75
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.747 (1 + (1- 24%) (65.39%))
1.079
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.08
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.079 * 8.23%)
8.49%

Discounted Cash Flow Calculation for DB:T1I using Excess Returns Model Model

The calculations below outline how an intrinsic value for Tamburi Investment Partners is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

DB:T1I Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (7.1% – 8.49%) * €4.19)
€-0.06
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= €-0.06 / (8.49% - -0.39%)
€-0.66
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= €4.19 + €-0.66
€3.53
DB:T1I Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:T1I represents 1.03525x of BIT:TIP
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.03525x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 3.53 x 1.03525
€3.65
Value per share (EUR) From above. €3.65
Current discount Discount to share price of €5.58
= -1 x (€5.58 - €3.65) / €3.65
-52.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Tamburi Investment Partners is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Tamburi Investment Partners's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Tamburi Investment Partners's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:T1I PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in EUR €0.19
BIT:TIP Share Price ** BIT (2020-04-01) in EUR €5.39
Germany Capital Markets Industry PE Ratio Median Figure of 17 Publicly-Listed Capital Markets Companies 22.18x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.15x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Tamburi Investment Partners.

DB:T1I PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BIT:TIP Share Price ÷ EPS (both in EUR)

= 5.39 ÷ 0.19

28.22x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Tamburi Investment Partners is overvalued based on earnings compared to the DE Capital Markets industry average.
  • Tamburi Investment Partners is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Tamburi Investment Partners's expected growth come at a high price?
Raw Data
DB:T1I PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 28.22x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
Germany Capital Markets Industry PEG Ratio Median Figure of 7 Publicly-Listed Capital Markets Companies 1.55x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.17x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Tamburi Investment Partners, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Tamburi Investment Partners's assets?
Raw Data
DB:T1I PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in EUR €5.09
BIT:TIP Share Price * BIT (2020-04-01) in EUR €5.39
Germany Capital Markets Industry PB Ratio Median Figure of 32 Publicly-Listed Capital Markets Companies 1.55x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:T1I PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BIT:TIP Share Price ÷ Book Value per Share (both in EUR)

= 5.39 ÷ 5.09

1.06x

* Primary Listing of Tamburi Investment Partners.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Tamburi Investment Partners is good value based on assets compared to the DE Capital Markets industry average.
X
Value checks
We assess Tamburi Investment Partners's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. Tamburi Investment Partners has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

T1I Future Performance

 How is Tamburi Investment Partners expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
40%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Tamburi Investment Partners expected to grow at an attractive rate?
  • Unable to compare Tamburi Investment Partners's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Tamburi Investment Partners's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Tamburi Investment Partners's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:T1I Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 40%
Germany Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 0.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.3%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:T1I Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:T1I Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 7 28 1
2020-04-02
DB:T1I Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-12-31 7 31
2019-09-30 13 47
2019-06-30 15 69 30
2019-03-31 14 25
2018-12-31 11 -9 27
2018-09-30 6 21
2018-06-30 5 -86 20
2018-03-31 7 54
2017-12-31 7 -50 72
2017-09-30 7 61
2017-06-30 14 -30 90
2017-03-31 13 68

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Tamburi Investment Partners is high growth as no earnings estimate data is available.
  • Unable to determine if Tamburi Investment Partners is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:T1I Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Tamburi Investment Partners Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:T1I Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.17 0.17 0.17 1.00
2020-04-02
DB:T1I Past Financials Data
Date (Data in EUR Millions) EPS *
2019-12-31 0.19
2019-09-30 0.29
2019-06-30 0.19
2019-03-31 0.16
2018-12-31 0.17
2018-09-30 0.13
2018-06-30 0.13
2018-03-31 0.35
2017-12-31 0.47
2017-09-30 0.41
2017-06-30 0.61
2017-03-31 0.46

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Tamburi Investment Partners will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Tamburi Investment Partners's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Tamburi Investment Partners has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

T1I Past Performance

  How has Tamburi Investment Partners performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Tamburi Investment Partners's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Tamburi Investment Partners's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Tamburi Investment Partners's 1-year earnings growth exceeds its 5-year average (14.7% vs 5.1%)
  • Tamburi Investment Partners's earnings growth has exceeded the DE Capital Markets industry average in the past year (14.7% vs 5.7%).
Earnings and Revenue History
Tamburi Investment Partners's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Tamburi Investment Partners Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:T1I Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 7.00 30.99 20.27
2019-09-30 13.29 46.58 17.40
2019-06-30 14.72 30.44 10.79
2019-03-31 14.44 25.17 18.58
2018-12-31 11.04 27.00 18.75
2018-09-30 5.59 20.58 22.00
2018-06-30 5.04 20.10 21.78
2018-03-31 6.64 54.21 17.41
2017-12-31 7.21 71.77 15.97
2017-09-30 7.17 61.15 15.77
2017-06-30 13.82 90.11 31.46
2017-03-31 12.76 67.84 27.50
2016-12-31 12.41 51.49 25.03
2016-09-30 12.27 52.17 23.50
2016-06-30 5.67 20.20 7.23
2016-03-31 4.95 13.22 5.44
2015-12-31 4.13 25.23 8.47
2015-09-30 4.21 22.21 8.59
2015-06-30 3.90 24.59 8.21
2015-03-31 5.99 26.49 10.25
2014-12-31 7.86 26.80 10.28
2014-09-30 6.57 27.05 11.09
2014-06-30 8.18 54.41 16.47
2014-03-31 6.21 47.40 14.01
2013-12-31 4.41 31.94 10.35
2013-09-30 6.35 34.24 9.23
2013-06-30 4.85 7.17 4.67

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Tamburi Investment Partners has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Tamburi Investment Partners used its assets less efficiently than the DE Capital Markets industry average last year based on Return on Assets.
  • It is difficult to establish if Tamburi Investment Partners improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Tamburi Investment Partners's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Tamburi Investment Partners has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

T1I Health

 How is Tamburi Investment Partners's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Tamburi Investment Partners's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Tamburi Investment Partners is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Tamburi Investment Partners's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Tamburi Investment Partners's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Tamburi Investment Partners Company Filings, last reported 3 months ago.

DB:T1I Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 902.48 563.14 268.64
2019-09-30 842.03 334.21 76.81
2019-06-30 782.69 173.68 26.65
2019-03-31 730.89 196.66 0.50
2018-12-31 666.35 197.09 47.04
2018-09-30 732.38 186.40 83.11
2018-06-30 748.86 184.56 97.40
2018-03-31 676.69 167.90 67.54
2017-12-31 647.49 168.14 41.68
2017-09-30 617.67 153.38 29.78
2017-06-30 542.68 153.71 30.07
2017-03-31 499.36 173.76 0.60
2016-12-31 437.08 201.13 1.47
2016-09-30 405.57 221.62 18.29
2016-06-30 443.88 232.74 17.43
2016-03-31 441.71 232.36 23.40
2015-12-31 449.34 228.01 50.57
2015-09-30 483.32 228.38 62.90
2015-06-30 476.60 213.71 73.25
2015-03-31 458.64 211.78 85.00
2014-12-31 354.34 188.34 112.29
2014-09-30 340.86 195.37 106.09
2014-06-30 347.60 185.39 115.56
2014-03-31 363.31 83.21 35.78
2013-12-31 360.04 93.16 33.71
2013-09-30 254.62 94.87 32.64
2013-06-30 233.52 56.58 36.25
  • Tamburi Investment Partners's level of debt (62.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (53.1% vs 62.4% today).
  • Debt is not well covered by operating cash flow (12.2%, less than 20% of total debt).
  • Unable to confirm if the interest payments on Tamburi Investment Partners's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Tamburi Investment Partners's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Tamburi Investment Partners has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

T1I Dividends

 What is Tamburi Investment Partners's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.67%
Current annual income from Tamburi Investment Partners dividends. Estimated to be 1.67% next year.
If you bought €2,000 of Tamburi Investment Partners shares you are expected to receive €33 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Tamburi Investment Partners's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.65%).
  • Tamburi Investment Partners's dividend is below the markets top 25% of dividend payers in Germany (4.86%).
Upcoming dividend payment

Purchase Tamburi Investment Partners before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:T1I Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Germany Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 3.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 320 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:T1I Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.09 1.00
2020-04-02
DB:T1I Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2020-03-11 0.090 1.663
2019-05-02 0.070 1.122
2019-03-14 0.070 1.112
2018-03-09 0.070 1.161
2017-03-14 0.069 1.247
2016-04-29 0.061 1.698
2016-03-14 0.061 1.957
2015-04-29 0.061 1.825
2015-03-11 0.061 1.735
2014-04-09 0.083 3.234
2014-04-03 0.083 2.996
2014-03-04 0.083 3.202
2013-04-30 0.041 2.134
2013-03-14 0.041 2.568
2012-03-29 0.035 2.350
2012-03-27 0.035 2.236
2011-04-29 0.035 2.372
2011-03-15 0.035 2.383
2010-04-14 0.030 2.231
2009-11-13 0.000 0.000
2009-08-10 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Tamburi Investment Partners's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.1x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Tamburi Investment Partners's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Tamburi Investment Partners afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Tamburi Investment Partners has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

T1I Management

 What is the CEO of Tamburi Investment Partners's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Giovanni Tamburi
COMPENSATION €2,887,046
AGE 65
CEO Bio

Dr. Tamburi Giovanni, Ph.D., is the Vice President and Director at Alpitour S.p.A. He serves as Co-Chief Executive Officer, Managing Director and President at Tamburi Investment Partners S.p.A. Dr. Giovanni is the Founder of Tamburi & Associati SpA. He is Non-Executive Director at OVS S.p.A. since March 2019. He served as Managing Director and Deputy General Manager of Euromobiliare S.p.A. He served as Managing Director of Banca Euromobiliare S.p.A. He served as Managing Director of Euromobiliare Montagu S.p.A. He was employed at Bastogi S.p.A. and then at Euromobiliare from 1980 to 1991. He served as an Executive Officer of Equita SIM S.p.A. He founded Secontip SpA. He has been Non-Executive Director at Interpump Group SpA since 2005. He serves as a Director of Dataholding 2007 S.r.l., Also S.p.A., Primavera Finanziaria S.r.l., Grande Jolly, Enervit S.p.A and Reply S.p.A. He has been a Non-Executive and Independent Director at Zignago Vetro S.p.A. since March 22, 2007. Dr. Giovanni has been an Independent Non-Executive Director of Amplifon SpA since April 17, 2013. He serves as an Independent Director at Zignago Immobiliare SRL. He has been Member of the Supervisory Board of Roche Bobois S.A. since June 22, 2018. He served as Chairman of Secondtip. He serves as Chairman of Tamburi Investment Partners S.p.A. He serves as a Vice Chairman of Startip S.p.A. He served as Deputy Chairman of M&C S.p.A. Dr. Giovanni was an Independent Non-Executive Director of Prysmian S.p.A. since April 18, 2012. He served as an Independent Director of De' Longhi S.p.A. He served as Director of Datalogic SpA. He served as a Director of Italgas SpA and served as a Non Executive Director of Immsi SpA until March 5, 2009 and a Director of M&C S.p.A. until February 10, 2012. He was a Member of the privatization commission and was a Member of the Advisory Board for the privatization of the municipality of Milan. He was a Professor of Corporate Finance at LIUC (Castellanza - Varese) and Professor of Extraordinary Financial Transactions at LUISS University in Rome. Dr. Giovanni graduated from Rome's Sapienza University cum laude with a degree in Business Economics and holds a Ph.D.

CEO Compensation
  • Giovanni's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Giovanni's remuneration is lower than average for companies of similar size in Germany.
Management Team

Giovanni Tamburi

TITLE
Chairman
COMPENSATION
€3M
AGE
65

Alessandra Gritti

TITLE
Vice Chairman
COMPENSATION
€2M
AGE
58

Claudio Berretti

TITLE
GM, Executive Officer of Financial Reporting & Executive Director
COMPENSATION
€2M
AGE
47

Andrea Mariani

TITLE
Member of Supervisory Body

Maurizio Barbieri

TITLE
Member of the Supervisory Body

Matteo Pagani

TITLE
Chairman of the Supervisory Body

Matteo Biscaglia

TITLE

Fabio Pasquini

TITLE
Standing Statutory Auditor
AGE
66
Board of Directors

Alessandra Gritti

TITLE
Vice Chairman
COMPENSATION
€2M
AGE
58

Cesare d'Amico

TITLE
Vice Chairman
COMPENSATION
€10K
AGE
62
TENURE
9.9 yrs

Giovanni Tamburi

TITLE
Chairman
COMPENSATION
€3M
AGE
65

Claudio Berretti

TITLE
GM, Executive Officer of Financial Reporting & Executive Director
COMPENSATION
€2M
AGE
47

Myriam Amato

TITLE
Chairman of Board of Statutory Auditors
TENURE
2.3 yrs

Giuseppe Ferrero

TITLE
Independent Director
COMPENSATION
€10K
AGE
73

Alberto Capponi

TITLE
Independent Director
COMPENSATION
€10K

Manuela Mezzetti

TITLE
Independent Director
COMPENSATION
€10K

Daniela Palestra

TITLE
Independent Director

Fabio Pasquini

TITLE
Standing Statutory Auditor
AGE
66
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
11. Nov 19 Buy Giovanni Tamburi Individual 07. Nov 19 07. Nov 19 150,319 €2.81 €419,091
08. Nov 19 Buy Giovanni Tamburi Individual 06. Nov 19 06. Nov 19 128,681 €2.76 €350,839
04. Jun 19 Buy Cesare d'Amico Individual 31. May 19 31. May 19 10,000 €5.96 €59,566
X
Management checks
We assess Tamburi Investment Partners's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Tamburi Investment Partners has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

T1I News

Simply Wall St News

T1I Company Info

Description

Tamburi Investment Partners S.p.A. is private equity firm specializing in direct and secondary direct investments. The firm also co-invests with other entrepreneurs and investors. Within direct investments, it invests in middle market, later stage, buyouts, mature, industry consolidations, recapitalizations, growth capital, and turnaround investments. The firm seeks to invest in medium sized small-mid cap companies in all industries including consumer discretionary, consumer staples, energy, luxury, healthcare, industrials, information technology, materials, telecommunication services, and utilities. It prefers to invest in pre-IPO and PIPES investments in listed and unlisted companies. The firm invests in companies based in Asia and Europe with a focus on Italy. It typically invests between $5 million and $50 million in companies with a minimum sales value of $100 million. The prefers to take minority stakes in its portfolio companies. It makes balance sheet investments. Tamburi Investment Partners S.p.A. was founded in 1993 and is based in Milan, Italy.

Details
Name: Tamburi Investment Partners S.p.A.
T1I
Exchange: DB
Founded: 1993
€865,624,087
160,598,161
Website: http://www.tipspa.it
Address: Tamburi Investment Partners S.p.A.
Via Pontaccio, 10,
Milan,
Milan, 20121,
Italy
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BIT TIP Ordinary Shares Borsa Italiana IT EUR 09. Nov 2005
DB T1I Ordinary Shares Deutsche Boerse AG DE EUR 09. Nov 2005
LSE 0G9J Ordinary Shares London Stock Exchange GB EUR 09. Nov 2005
BATS-CHIXE TIPM Ordinary Shares BATS 'Chi-X Europe' GB EUR 09. Nov 2005
Number of employees
Current staff
Staff numbers
17
Tamburi Investment Partners employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/02 04:48
End of day share price update: 2020/04/01 00:00
Last estimates confirmation: 2020/03/30
Last earnings filing: 2020/03/11
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.