Loading...

We've got a brand new version of Simply Wall St! Try it out

Openjobmetis

BIT:OJM
Snowflake Description

Flawless balance sheet and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
OJM
BIT
€115M
Market Cap
  1. Home
  2. IT
  3. Commercial Services
Company description

Openjobmetis S.p.A. operates as an employment agency in Italy. The last earnings update was 25 days ago. More info.


Add to Portfolio Compare Print
OJM Share Price and Events
7 Day Returns
2.4%
BIT:OJM
-6.1%
IT Professional Services
-0.7%
IT Market
1 Year Returns
16.1%
BIT:OJM
50.6%
IT Professional Services
19%
IT Market
OJM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Openjobmetis (OJM) 2.4% 13.4% 22.7% 16.1% 54.5% -
IT Professional Services -6.1% -7.8% 3.5% 50.6% 36.6% 70.2%
IT Market -0.7% -0.2% 5.3% 19% 10.3% -13.8%
1 Year Return vs Industry and Market
  • OJM underperformed the Professional Services industry which returned 50.6% over the past year.
  • OJM underperformed the Market in Italy which returned 19% over the past year.
Price Volatility
OJM
Industry
5yr Volatility vs Market

OJM Value

 Is Openjobmetis 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 Openjobmetis 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 Openjobmetis.

BIT:OJM Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.4%
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:OJM
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 0.83
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.827 (1 + (1- 24%) (26.2%))
0.994
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.99
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.21% + (0.994 * 8.23%)
9.39%

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

The calculations below outline how an intrinsic value for Openjobmetis 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:OJM DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 9.39%)
2020 11.00 Analyst x2 10.06
2021 11.50 Analyst x2 9.61
2022 11.92 Est @ 3.68% 9.11
2023 12.27 Est @ 2.94% 8.57
2024 12.57 Est @ 2.42% 8.02
2025 12.83 Est @ 2.06% 7.49
2026 13.06 Est @ 1.8% 6.97
2027 13.27 Est @ 1.63% 6.47
2028 13.47 Est @ 1.5% 6.00
2029 13.66 Est @ 1.41% 5.57
Present value of next 10 years cash flows €77.00
BIT:OJM DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €13.66 × (1 + 1.21%) ÷ (9.39% – 1.21%)
€168.97
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €168.97 ÷ (1 + 9.39%)10
€68.85
BIT:OJM Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €77.00 + €68.85
€145.85
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €145.85 / 13.25
€11
BIT:OJM Discount to Share Price
Calculation Result
Value per share (EUR) From above. €11.00
Current discount Discount to share price of €8.65
= -1 x (€8.65 - €11.00) / €11.00
21.4%

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

Current Discount
Amount off the current price Openjobmetis is available for.
Intrinsic value
21%
Share price is €8.65 vs Future cash flow value of €11
Current Discount Checks
For Openjobmetis to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Openjobmetis's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Openjobmetis'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 Openjobmetis's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Openjobmetis's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BIT:OJM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in EUR €0.79
BIT:OJM Share Price ** BIT (2019-12-06) in EUR €8.65
Europe Professional Services Industry PE Ratio Median Figure of 94 Publicly-Listed Professional Services Companies 20x
Italy Market PE Ratio Median Figure of 249 Publicly-Listed Companies 18.23x

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

** Primary Listing of Openjobmetis.

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

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

= 8.65 ÷ 0.79

10.92x

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

  • Openjobmetis is good value based on earnings compared to the Europe Professional Services industry average.
  • Openjobmetis is good value based on earnings compared to the Italy market.
Price based on expected Growth
Does Openjobmetis's expected growth come at a high price?
Raw Data
BIT:OJM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 10.92x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
6.2%per year
Europe Professional Services Industry PEG Ratio Median Figure of 58 Publicly-Listed Professional Services Companies 1.36x
Italy Market PEG Ratio Median Figure of 169 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

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

= PE Ratio ÷ Net Income Annual Growth Rate

= 10.92x ÷ 6.2%

1.76x

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

  • Openjobmetis is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Openjobmetis's assets?
Raw Data
BIT:OJM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in EUR €7.49
BIT:OJM Share Price * BIT (2019-12-06) in EUR €8.65
Europe Professional Services Industry PB Ratio Median Figure of 124 Publicly-Listed Professional Services Companies 2.27x
Italy Market PB Ratio Median Figure of 326 Publicly-Listed Companies 1.52x
BIT:OJM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 8.65 ÷ 7.49

1.15x

* Primary Listing of Openjobmetis.

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

  • Openjobmetis is good value based on assets compared to the Europe Professional Services industry average.
X
Value checks
We assess Openjobmetis'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. Openjobmetis 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.

OJM Future Performance

 How is Openjobmetis expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

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
6.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Openjobmetis expected to grow at an attractive rate?
  • Openjobmetis's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Openjobmetis's earnings growth is positive but not above the Italy market average.
  • Openjobmetis's revenue growth is expected to exceed the Italy market average.
Annual Growth Rates Comparison
Raw Data
BIT:OJM Future Growth Rates Data Sources
Data Point Source Value (per year)
BIT:OJM Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 6.2%
BIT:OJM Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 4.8%
Europe Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 9.6%
Europe Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 4.7%
Italy Market Earnings Growth Rate Market Cap Weighted Average 8.7%
Italy Market Revenue Growth Rate Market Cap Weighted Average 3.1%

*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:OJM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BIT:OJM Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 632 17 13 1
2020-12-31 583 16 12 3
2019-12-31 562 15 12 2
2019-12-07
BIT:OJM Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-09-30 567 11
2019-06-30 572 12 11
2019-03-31 585 11
2018-12-31 594 18 12
2018-09-30 598 12
2018-06-30 599 17 12
2018-03-31 594 13
2017-12-31 584 8 12
2017-09-30 560 14
2017-06-30 533 -1 13
2017-03-31 494 10
2016-12-31 461 5 9

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Openjobmetis's earnings are expected to grow by 6.2% yearly, however this is not considered high growth (20% yearly).
  • Openjobmetis's revenue is expected to grow by 4.8% 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:OJM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Openjobmetis Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BIT:OJM Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.99 0.99 0.99 1.00
2020-12-31 0.94 0.97 0.91 3.00
2019-12-31 0.89 0.94 0.83 2.00
2019-12-07
BIT:OJM Past Financials Data
Date (Data in EUR Millions) EPS *
2019-09-30 0.79
2019-06-30 0.79
2019-03-31 0.78
2018-12-31 0.90
2018-09-30 0.86
2018-06-30 0.84
2018-03-31 0.94
2017-12-31 0.89
2017-09-30 1.01
2017-06-30 0.96
2017-03-31 0.77
2016-12-31 0.68

*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.
  • Openjobmetis is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Openjobmetis'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.
Openjobmetis has a total score of 2/6, 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.

OJM Past Performance

  How has Openjobmetis 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 Openjobmetis'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.
  • Openjobmetis has delivered over 20% year on year earnings growth in the past 5 years.
  • Openjobmetis's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Openjobmetis's 1-year earnings growth is negative, it can't be compared to the IT Professional Services industry average.
Earnings and Revenue History
Openjobmetis'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 Openjobmetis Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BIT:OJM Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 566.58 10.87 6.63
2019-06-30 571.64 10.85 8.00
2019-03-31 584.78 10.68 9.45
2018-12-31 594.27 12.36 9.87
2018-09-30 597.90 11.82 11.17
2018-06-30 599.26 11.53 11.02
2018-03-31 593.96 12.88 10.35
2017-12-31 583.90 12.24 10.48
2017-09-30 560.18 13.69 9.48
2017-06-30 533.31 13.15 8.54
2017-03-31 493.68 10.49 7.89
2016-12-31 460.95 9.26 7.52
2016-09-30 442.01 7.49 10.43
2016-06-30 435.49 6.74 9.31
2016-03-31 430.54 4.63 10.28
2015-12-31 432.76 4.50 10.39
2015-09-30 424.60 3.84 8.17
2014-12-31 392.31 1.94 10.26
2013-12-31 364.73 -2.12 9.36
2012-12-31 347.16 2.00 6.41

*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.
  • Openjobmetis has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Openjobmetis used its assets less efficiently than the IT Professional Services industry average last year based on Return on Assets.
  • Openjobmetis's use of capital has not improved over the past 3 years (Return on Capital Employed).
X
Past performance checks
We assess Openjobmetis'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.
Openjobmetis has a total score of 1/6, 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.

OJM Health

 How is Openjobmetis'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 Openjobmetis's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Openjobmetis is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Openjobmetis's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Openjobmetis'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 6.9x 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 Openjobmetis Company Filings, last reported 2 months ago.

BIT:OJM Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 100.75 18.14 10.29
2019-06-30 97.75 24.33 7.36
2019-03-31 97.75 22.56 4.75
2018-12-31 96.52 30.63 6.48
2018-09-30 94.93 30.08 7.49
2018-06-30 92.60 25.80 6.58
2018-03-31 91.19 29.49 2.73
2017-12-31 88.31 39.62 4.66
2017-09-30 85.88 38.80 5.07
2017-06-30 82.97 36.55 5.25
2017-03-31 78.25 42.91 7.68
2016-12-31 75.98 49.51 8.81
2016-09-30 72.02 42.43 8.65
2016-06-30 69.61 39.41 10.55
2016-03-31 67.55 44.97 9.02
2015-12-31 66.51 65.87 22.41
2015-09-30 47.48 61.81 4.96
2014-12-31 43.93 71.74 3.86
2013-12-31 41.84 89.87 4.16
2012-12-31 43.37 86.55 2.73
  • Openjobmetis's level of debt (18%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (175.7% vs 18% today).
  • Debt is well covered by operating cash flow (64.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 31.5x coverage).
X
Financial health checks
We assess Openjobmetis'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. Openjobmetis has a total score of 6/6, 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.

OJM Dividends

 What is Openjobmetis'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
2.66%
Current annual income from Openjobmetis dividends. Estimated to be 2.19% next year.
If you bought €2,000 of Openjobmetis shares you are expected to receive €53 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?
  • Openjobmetis's pays a higher dividend yield than the bottom 25% of dividend payers in Italy (1.96%).
  • Openjobmetis's dividend is below the markets top 25% of dividend payers in Italy (4.34%).
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:OJM 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 3 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:OJM Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.00 1.00
2020-12-31 0.23 3.00
2019-12-31 0.22 2.00
2019-12-07
BIT:OJM Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-03-27 0.230 3.184
2017-08-08 0.000 0.000
2017-08-04 0.000 0.000
2017-03-29 0.000 0.000

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

  • It is too early to tell whether Openjobmetis has stable dividend payments.
  • Openjobmetis only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of Openjobmetis's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be thoroughly covered by earnings (16.5x coverage).
X
Income/ dividend checks
We assess Openjobmetis'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 Openjobmetis afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Openjobmetis 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.

OJM Management

 What is the CEO of Openjobmetis'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
Rosario Rasizza
COMPENSATION €461,000
AGE 51
CEO Bio

Dott. Rosario Rasizza serves as Board Member at Green Arrow Capital SGR since 2019. Rosario Rasizza serves as the Chief Executive Officer and Managing Director at Openjobmetis S.p.A. In 1997, he started his career in the Employment Agency market and opened his first agency in Varese under the Temporary S.p.A. brand of Milan. In 2001, he took part in the setting-up of Openjob S.p.A. He made Openjob S.p.A. develop quickly between 2003 and 2011 thanks to the acquisition of various companies, the most recent in March 2011. On 27 December 2008, he was appointed Cavaliere al Merito della Repubblica Italiana (Order of Merit of the Republic). On 14 February, he was the Chairman of Assosomm, Associazione Italiana delle Agenzie per il Lavoro (National Association of Employment Agencies). He serves as a Director at Openjobmetis S.p.A. He is a Member of the Collegio dei Probiviri (Board of Arbitration) of the Ex Alumni Association of Liuc University of Castellanza. Mr. Rasizza obtained a diploma in electrical engineering from the Technical Institute of Gallarate.

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

Rosario Rasizza

TITLE
MD & Director
COMPENSATION
€461K
AGE
51

Ivano Tognassi

TITLE
Public Affairs Manager
COMPENSATION
€155K
AGE
62

Alessandro Esposti

TITLE
Manager of Financial Reporting
AGE
58
TENURE
12.9 yrs

Marina Schejola

TITLE
Human Resources Director
AGE
63
Board of Directors

Marco Vittorelli

TITLE
Chairman
COMPENSATION
€102K
AGE
61
TENURE
8.9 yrs

Rosario Rasizza

TITLE
MD & Director
COMPENSATION
€461K
AGE
51

Alberica Sforza

TITLE
Independent Director
COMPENSATION
€2K
AGE
47

Chiara Segala

TITLE
Chairman of Board of Statutory Auditors

Biagio Porta

TITLE
Director
COMPENSATION
€265K
AGE
69

Corrado Vittorelli

TITLE
Non-Executive Director
COMPENSATION
€13K
AGE
64

Alberto Rosati

TITLE
Independent Director
AGE
50

Daniela Toscani

TITLE
Non-Executive Director
AGE
56

Giovanni Fantasia

TITLE
Independent Director

Carlo Gentili

TITLE
Non Executive Member
AGE
57
TENURE
0.8 yrs
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 (€)
X
Management checks
We assess Openjobmetis'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. Openjobmetis 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.

OJM News

Simply Wall St News

Read This Before You Buy Openjobmetis S.p.A. (BIT:OJM) Because Of Its P/E Ratio

The formula for price to earnings is: Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS) Or for Openjobmetis: P/E of 8.77 = €6.94 ÷ €0.79 (Based on the trailing twelve months to June 2019.) Is A High Price-to-Earnings Ratio Good? … Hypothetically, a company could reduce its future P/E ratio by spending its cash (or taking on debt) to achieve higher earnings. … How Does Openjobmetis's Debt Impact Its P/E Ratio?

Simply Wall St -

What Can We Learn From Openjobmetis S.p.A.’s (BIT:OJM) Investment Returns?

What is Return On Capital Employed (ROCE)? … The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Openjobmetis: 0.14 = €17m ÷ (€229m - €109m) (Based on the trailing twelve months to June 2019.) Therefore, Openjobmetis has an ROCE of 14%. … The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise.

Simply Wall St -

How Did Openjobmetis S.p.A.'s (BIT:OJM) 11% ROE Fare Against The Industry?

The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Openjobmetis: 11% = €11m ÷ €98m (Based on the trailing twelve months to March 2019.) Most readers would understand what net profit is, but it’s worth explaining the concept of shareholders’ equity. … Combining Openjobmetis's Debt And Its 11% Return On Equity Although Openjobmetis does use debt, its debt to equity ratio of 0.23 is still low. … If you would prefer check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

Simply Wall St -

Investors Who Bought Openjobmetis (BIT:OJM) Shares A Year Ago Are Now Down 27%

(BIT:OJM) share price is down 27% in the last year. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … It is important to consider the total shareholder return, as well as the share price return, for any given stock.

Simply Wall St -

Why Openjobmetis S.p.A. (BIT:OJM) Could Be Worth Watching

According to my valuation model, Openjobmetis seems to be fairly priced at around 19% below my intrinsic value, which means if you buy Openjobmetis today, you’d be paying a fair price for it. … Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. … OJM’s optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value.

Simply Wall St -

Does Openjobmetis S.p.A.'s (BIT:OJM) P/E Ratio Signal A Buying Opportunity?

We'll look at Openjobmetis S.p.A.'s (BIT:OJM) P/E ratio and reflect on what it tells us about the company's share price. … See our latest analysis for Openjobmetis How Do I Calculate A Price To Earnings Ratio? … The formula for price to earnings is: Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS) Or for Openjobmetis: P/E of 9.26 = €7.25 ÷ €0.78 (Based on the trailing twelve months to March 2019.) Is A High Price-to-Earnings Ratio Good?

Simply Wall St -

Is Openjobmetis S.p.A. (BIT:OJM) A Volatile Stock?

Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … This is above 1, so historically its share price has been influenced by the broader volatility of the stock market. … What this means for you: Since Openjobmetis has a reasonably high beta, it's worth considering why it is so heavily influenced by broader market sentiment.

Simply Wall St -

Calculating The Intrinsic Value Of Openjobmetis S.p.A. (BIT:OJM)

by projecting its future cash flows and then discounting them to today's value. … Remember though, that there are many ways to estimate a company's value, and a DCF is just one method. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model

Simply Wall St -

Has Openjobmetis S.p.A. (BIT:OJM) Been Employing Capital Shrewdly?

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … What is Return On Capital Employed (ROCE)? … The formula for calculating the return on capital employed is:

Simply Wall St -

What Should We Expect From Openjobmetis S.p.A.'s (BIT:OJM) Earnings In The Years Ahead?

The latest earnings release Openjobmetis S.p.A.'s (BIT:OJM) announced in December 2018a … showed

Simply Wall St -

OJM Company Info

Description

Openjobmetis S.p.A. operates as an employment agency in Italy. It offers temporary or permanent placement, staff leasing, personnel recruitment and selection, training, and outplacement services, as well as manages employment relationship from the bureaucratic-administrative aspects to training. The company offers its services to the naval, industrial, family care, large-scale retail trade, bank and finance, health, information and communication technology, agro-industrial, hotel, restaurant, and catering sectors. Openjobmetis S.p.A. is headquartered in Gallarate, Italy.

Details
Name: Openjobmetis S.p.A.
OJM
Exchange: BIT
Founded:
€115,306,563
13,253,628
Website: http://www.openjobmetis.it
Address: Openjobmetis S.p.A.
Via Marsala 40/C,
Centro Direzionale Le Torri,
Gallarate,
Varese, 21013,
Italy
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BIT OJM Common Stock Borsa Italiana IT EUR 03. Dec 2015
DB 3OM Common Stock Deutsche Boerse AG DE EUR 03. Dec 2015
LSE 0RD2 Common Stock London Stock Exchange GB EUR 03. Dec 2015
BATS-CHIXE OJMM Common Stock BATS 'Chi-X Europe' GB EUR 03. Dec 2015
Number of employees
Current staff
Staff numbers
639
Openjobmetis employees.
Industry
Human Resource and Employment Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/07 22:04
End of day share price update: 2019/12/06 00:00
Last estimates confirmation: 2019/11/25
Last earnings filing: 2019/11/12
Last earnings reported: 2019/09/30
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.