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Alkemy

BIT:ALK
Snowflake Description

Good value with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ALK
BIT
€45M
Market Cap
  1. Home
  2. IT
  3. Commercial Services
Company description

Alkemy S.p.A. engages in the design, planning, and implementation of projects and solutions functional to the development and renewal of companies in Italy. The last earnings update was 95 days ago. More info.


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  • Alkemy has significant price volatility in the past 3 months.
ALK Share Price and Events
7 Day Returns
-25.1%
BIT:ALK
-3.9%
IT Professional Services
0.2%
IT Market
1 Year Returns
-21.5%
BIT:ALK
47.9%
IT Professional Services
18.6%
IT Market
ALK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Alkemy (ALK) -25.1% -23% -20.8% -21.5% - -
IT Professional Services -3.9% -4.6% 0.9% 47.9% 34.6% 62.5%
IT Market 0.2% -0.5% 4.3% 18.6% 6.6% -15.8%
1 Year Return vs Industry and Market
  • ALK underperformed the Professional Services industry which returned 47.9% over the past year.
  • ALK underperformed the Market in Italy which returned 18.6% over the past year.
Price Volatility
ALK
Industry
5yr Volatility vs Market

Value

 Is Alkemy 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 Alkemy 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 Alkemy.

BIT:ALK Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.6%
Perpetual Growth Rate 10-Year IT Government Bond Rate 1.2%

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 BIT:ALK
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IT Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 8.2%
Professional Services Unlevered Beta Simply Wall St/ S&P Global 0.84
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.836 (1 + (1- 24%) (29.25%))
1.015
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.01
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.21% + (1.015 * 8.23%)
9.56%

Discounted Cash Flow Calculation for BIT:ALK using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Alkemy is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

BIT:ALK DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 9.56%)
2020 3.00 Analyst x1 2.74
2021 3.60 Analyst x1 3.00
2022 4.03 Est @ 12.08% 3.07
2023 4.39 Est @ 8.82% 3.05
2024 4.68 Est @ 6.54% 2.96
2025 4.91 Est @ 4.94% 2.84
2026 5.10 Est @ 3.82% 2.69
2027 5.25 Est @ 3.04% 2.53
2028 5.38 Est @ 2.49% 2.37
2029 5.49 Est @ 2.11% 2.21
Present value of next 10 years cash flows €27.00
BIT:ALK DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €5.49 × (1 + 1.21%) ÷ (9.56% – 1.21%)
€66.60
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €66.60 ÷ (1 + 9.56%)10
€26.73
BIT:ALK Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €27.00 + €26.73
€53.73
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €53.73 / 5.55
€9.69
BIT:ALK Discount to Share Price
Calculation Result
Value per share (EUR) From above. €9.69
Current discount Discount to share price of €8.16
= -1 x (€8.16 - €9.69) / €9.69
15.8%

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

Current Discount
Amount off the current price Alkemy is available for.
Intrinsic value
16%
Share price is €8.16 vs Future cash flow value of €9.69
Current Discount Checks
For Alkemy to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Alkemy's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Alkemy's share price is below the future cash flow value, but not at a substantial discount (< 40%).
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 Alkemy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Alkemy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BIT:ALK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in EUR €0.67
BIT:ALK Share Price ** BIT (2019-12-13) in EUR €8.16
Europe Professional Services Industry PE Ratio Median Figure of 95 Publicly-Listed Professional Services Companies 20.22x
Italy Market PE Ratio Median Figure of 248 Publicly-Listed Companies 18.36x

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

** Primary Listing of Alkemy.

BIT:ALK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 8.16 ÷ 0.67

12.26x

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

  • Alkemy is good value based on earnings compared to the Europe Professional Services industry average.
  • Alkemy is good value based on earnings compared to the Italy market.
Price based on expected Growth
Does Alkemy's expected growth come at a high price?
Raw Data
BIT:ALK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.26x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
21.1%per year
Europe Professional Services Industry PEG Ratio Median Figure of 58 Publicly-Listed Professional Services Companies 1.42x
Italy Market PEG Ratio Median Figure of 169 Publicly-Listed Companies 1.34x

*Line of best fit is calculated by linear regression .

BIT:ALK PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 12.26x ÷ 21.1%

0.58x

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

  • Alkemy is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Alkemy's assets?
Raw Data
BIT:ALK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in EUR €6.32
BIT:ALK Share Price * BIT (2019-12-13) in EUR €8.16
Europe Professional Services Industry PB Ratio Median Figure of 125 Publicly-Listed Professional Services Companies 2.32x
Italy Market PB Ratio Median Figure of 326 Publicly-Listed Companies 1.52x
BIT:ALK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 8.16 ÷ 6.32

1.29x

* Primary Listing of Alkemy.

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

  • Alkemy is good value based on assets compared to the Europe Professional Services industry average.
X
Value checks
We assess Alkemy'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 Professional Services 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 Professional Services industry average (and greater than 0)? (1 check)
  5. Alkemy has a total score of 4/6, 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.

Future Performance

 How is Alkemy 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
21.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Alkemy expected to grow at an attractive rate?
  • Alkemy's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Alkemy's earnings growth is expected to exceed the Italy market average.
  • Alkemy's revenue growth is expected to exceed the Italy market average.
Annual Growth Rates Comparison
Raw Data
BIT:ALK Future Growth Rates Data Sources
Data Point Source Value (per year)
BIT:ALK Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 21.1%
BIT:ALK Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 13.1%
Europe Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 9.5%
Europe Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 4.7%
Italy Market Earnings Growth Rate Market Cap Weighted Average 8.5%
Italy Market Revenue Growth Rate Market Cap Weighted Average 3%

*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
BIT:ALK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 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.
BIT:ALK Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 116 6 5 1
2020-12-31 105 5 4 1
2019-12-31 95 3 3 1
2019-12-15
BIT:ALK Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-06-30 82 -3 4
2019-03-31 75 -2 3
2018-12-31 68 -2 3
2018-09-30 56 -1 3
2018-06-30 48 1 2
2018-03-31 45 1 2
2017-12-31 41 2 1
2017-09-30 41 2 1
2017-06-30 39 1 1
2017-03-31 37 1 1
2016-12-31 35 1 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Alkemy's earnings are expected to grow significantly at over 20% yearly.
  • Alkemy's revenue is expected to grow by 13.1% yearly, however this is not considered high growth (20% yearly).
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
BIT:ALK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Alkemy Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BIT:ALK Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.98 0.98 0.98 1.00
2020-12-31 0.79 0.79 0.79 1.00
2019-12-31
2019-12-15
BIT:ALK Past Financials Data
Date (Data in EUR Millions) EPS *
2019-06-30 0.67
2019-03-31 0.63
2018-12-31 0.60
2018-09-30 0.50
2018-06-30 0.32
2018-03-31 0.29
2017-12-31 0.26
2017-09-30 0.22
2017-06-30
2017-03-31
2016-12-31 2.97

*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.
  • Alkemy is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Alkemy'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 Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
Alkemy has a total score of 4/6, 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.

Past Performance

  How has Alkemy 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 Alkemy's growth in the last year to its industry (Professional Services).
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.
  • Alkemy has delivered over 20% year on year earnings growth in the past 5 years.
  • Alkemy's 1-year earnings growth exceeds its 5-year average (106.1% vs 42.5%)
  • Alkemy's earnings growth has exceeded the IT Professional Services industry average in the past year (106.1% vs 17.1%).
Earnings and Revenue History
Alkemy'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 Alkemy Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BIT:ALK Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 81.55 3.60 0.58
2019-03-31 74.55 3.42 0.65
2018-12-31 67.56 3.25 0.72
2018-09-30 56.04 2.70 0.28
2018-06-30 47.86 1.75 0.27
2018-03-31 44.54 1.56 0.34
2017-12-31 41.22 1.38 0.41
2017-09-30 41.24 1.19 1.06
2017-06-30 39.18 1.21 0.97
2017-03-31 37.00 1.15 1.01
2016-12-31 34.83 1.08 1.06
2015-12-31 28.84 0.91 0.49
2014-12-31 17.59 0.08 0.21

*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.
  • Alkemy has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Alkemy used its assets less efficiently than the IT Professional Services industry average last year based on Return on Assets.
  • Alkemy's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Alkemy'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 Professional Services 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.
Alkemy 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.

Health

 How is Alkemy'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 Alkemy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Alkemy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Alkemy's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Alkemy'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 covered by short term assets, assets are 5.8x 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 Alkemy Company Filings, last reported 5 months ago.

BIT:ALK Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 34.47 8.93 13.38
2019-03-31 34.47 8.93 13.38
2018-12-31 34.91 20.81 10.18
2018-09-30 34.91 20.81 10.18
2018-06-30 33.47 2.57 16.62
2018-03-31 33.47 2.57 16.62
2017-12-31 31.02 10.88 23.45
2017-09-30 33.26 3.47 23.56
2017-06-30 11.96 2.86 3.08
2017-03-31 11.96 2.86 3.08
2016-12-31 11.57 3.11 2.91
2015-12-31 9.88 1.41 3.35
2014-12-31 5.76 0.00 2.11
  • Alkemy's level of debt (25.9%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Alkemy's debt level has increased without past 5-year debt data.
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 7.3x coverage).
X
Financial health checks
We assess Alkemy'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. Alkemy has a total score of 4/6, 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.

Dividends

 What is Alkemy'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
0%
Current annual income from Alkemy dividends.
If you bought €2,000 of Alkemy shares you are expected to receive €0 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?
  • Unable to evaluate Alkemy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Alkemy's dividend against the top 25% market benchmark as the company has not reported any payouts.
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
BIT:ALK 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
Europe Professional Services Industry Average Dividend Yield Market Cap Weighted Average of 76 Stocks 2.5%
Italy Market Average Dividend Yield Market Cap Weighted Average of 177 Stocks 4.1%
Italy Minimum Threshold Dividend Yield 10th Percentile 1%
Italy Bottom 25% Dividend Yield 25th Percentile 2%
Italy Top 25% Dividend Yield 75th Percentile 4.3%

Industry and Market average data is calculated daily.

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

BIT:ALK Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31
2019-12-15

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

  • Unable to perform a dividend volatility check as Alkemy has not reported any payouts.
  • Unable to verify if Alkemy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Alkemy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Alkemy has not reported any payouts.
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 Alkemy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - 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 Alkemy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Alkemy has a total score of 0/6, see the detailed checks below.


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

Management

 What is the CEO of Alkemy'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
Duccio Vitali
AGE 50
CEO Bio

Mr. Duccio Vitali serves as the Chief Executive Officer at Alkemy Srl. Mr. Vitali has 4 years as General Manager of an Internet start-up and 7 years as Partner in Bain & Co. in Milan, Dallas and Dubai. He serves as a Director at Alkemy Srl. Mr. Vitali holds Degree in Engineering and MBA at Bocconi Univerisity.

CEO Compensation
  • Insufficient data for Duccio to compare compensation growth.
  • Insufficient data for Duccio to establish whether their remuneration is reasonable compared to companies of similar size in Italy.
Management Team

Duccio Vitali

TITLE
CEO & Director
AGE
50

Claudio Benasso

TITLE
CFO & Director
AGE
56

Matteo Menin

TITLE
Vice President of Communication

Alessandro Mattiacci

TITLE
VP & Director
AGE
48
Board of Directors

Riccardo Lorenzini

TITLE
Chairman
AGE
62

Duccio Vitali

TITLE
CEO & Director
AGE
50

Claudio Benasso

TITLE
CFO & Director
AGE
56

Alessandro Mattiacci

TITLE
VP & Director
AGE
48

Mauro Bontempelli

TITLE
Chairman of the Standing Auditor
AGE
65

Matteo Carlo Brabant

TITLE
Director
AGE
45

Francesco Beraldi

TITLE
Director
AGE
55

Marinella Soldi

TITLE
Independent Director
AGE
53

Andrea Di Camillo

TITLE
Independent Director
AGE
49

Angelo Miglietta

TITLE
Standing Auditor
AGE
58
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 (€)
15. Jan 19 Buy Duccio Vitali Individual 15. Oct 18 14. Jan 19 2,000 €10.58 €20,811
X
Management checks
We assess Alkemy'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. Alkemy 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.

News

Simply Wall St News

Why Alkemy S.p.A.’s (BIT:ALK) Return On Capital Employed Might Be A Concern

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Understanding Return On Capital Employed (ROCE). … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

Simply Wall St -

Will Alkemy SpA (BIT:ALK) Continue To Underperform Its Industry?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … Another way to think of that is that for every €1 worth of equity in the company, it was able to earn €0.046. … Return on Equity = Net Profit ÷ Shareholders' Equity

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Alkemy SpA (BIT:ALK): How Much Growth Is Left In Service?

whose performance is linked to business conditions and the general economy, as it draws revenue from industries across different sectors … The sector also relies on the performance of general construction industries, financial and business service industries, and the mining sector as these generate a large proportion of the sector’s revenue

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Is Alkemy SpA (BIT:ALK) A Financially Sound Company?

While small-cap stocks, such as Alkemy SpA (BIT:ALK) with its market cap of €64.57m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … So, understanding the company's financial health becomes. … Here are a few basic checks that are good enough to have a broad overview of the company’s financial strength.

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What Do You Get For Owning Alkemy SpA (BIT:ALK)?

This share represents a portion of capital used by the company to operate the business, and it is important the company is able to use the capital base efficiently to create adequate cash flows for you as an investor. … Therefore, looking at how efficiently Alkemy is able to use capital to create earnings will help us understand your potential return. … Investors use many different metrics but the analysis below focuses on return on capital employed (ROCE).

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Estimating The Fair Value Of Alkemy SpA (BIT:ALK)

Today, I will calculate the stock's intrinsic value. … by projecting its future cash flows and then discounting them to today's value. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model

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Is Alkemy SpA's (BIT:ALK) Stock Available For A Good Price After Accounting For Growth?

Alkemy SpA (BIT:ALK) closed yesterday at €11.8, which left some investors asking whether the high earnings potential can still be justified at this price. … View out our latest analysis for Alkemy? … The excitement around Alkemy's growth potential is not unfounded

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Looking At Alkemy SpA (BIT:ALK) From All Angles

Attractive stocks have exceptional fundamentals. … In the case of Alkemy SpA (BIT:ALK), there's … priced into the stock.

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Alkemy Sp.A.'s (BIT:ALK) Earnings Grew 7.22%, Did It Beat Long-Term Trend?

Check out our latest analysis for Alkemy Did ALK's recent earnings growth beat the long-term trend and the industry? … Since these values may be fairly myopic, I’ve determined an annualized five-year figure for ALK's net income, which stands at €932.15K This means that, generally, Alkemy has been able to steadily raise its net income over the past few years as well. … Let's see whether it is solely owing to industry tailwinds, or if Alkemy has seen some company-specific growth.

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Why Alkemy Sp.A. (BIT:ALK) Delivered An Inferior ROE Compared To The Industry

Return on Equity = Net Profit ÷ Shareholders Equity ROE is assessed against cost of equity, which is measured using the Capital Asset Pricing Model (CAPM) – but let’s not dive into the details of that today. … ROE can be broken down into three different ratios: net profit margin, asset turnover, and financial leverage. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity BIT:ALK Last Perf May 11th 18 Basically, profit margin measures how much of revenue trickles down into earnings which illustrates how efficient the business is with its cost management.

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Company Info

Description

Alkemy S.p.A. engages in the design, planning, and implementation of projects and solutions functional to the development and renewal of companies in Italy. It offers strategies, products and services, and communication and sales tools in the areas of consulting, e-commerce, creativity and brand strategy, social media, content, UX and design, media and performance, technology, predictive modeling, data analysis, and big data and advanced analytics. The company is headquartered in Milan, Italy.

Details
Name: Alkemy S.p.A.
ALK
Exchange: BIT
Founded:
€45,260,337
5,546,610
Website: http://www.alkemy.com
Address: Alkemy S.p.A.
Via San Gregorio, 34,
Milan,
Milan, 20124,
Italy
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BIT ALK Ordinary Shares Borsa Italiana IT EUR 05. Dec 2017
LSE 0DF1 Ordinary Shares London Stock Exchange GB EUR 05. Dec 2017
Number of employees
Current staff
Staff numbers
0
Alkemy employees.
Industry
Research and Consulting Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/15 22:03
End of day share price update: 2019/12/13 00:00
Last estimates confirmation: 2019/09/06
Last earnings filing: 2019/09/11
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


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.