The average target price of LDB.MI is 5.5 and suggests 56% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase one's position in this instrument in the next 12 months. The most optimistic analyst has a target price of 5.9. This translates into 69% upside potential in the best case. On the other hand, the most pessimistic analyst has a target price of 5.0. This suggests 43% upside potential. Even the most pessimistic analyst believes there will be stock growth. 

Lindbergh S.p.A. provides maintains, repairs, and logistics solutions in Italy. The company offers spare parts delivery, return management system, personal protective equipment supply, tool testing, waste disposal, customized/on demand; and work clothing and accessories services. Lindbergh S.p.A. was founded in 2006 and is based in Pescarolo ed Uniti, Italy.

Italy

Lindbergh S.p.A.

Industrials

The company does not pay dividends at all, or it pays them sporadically. There have only been a few years with dividend payments in the past ten years. 

LDB.MI reported revenue of EUR 27mn in the last 12 months, up 20% from FY22. At the same time, the dynamics of cash flow, as measured by free cash flow (FCF), were drastically different. EPS grew 80% from FY22 to EUR 0.18. Market expects EPS to reach EUR 0.20 in FY24.

Over the past six months, the stock has consistently fallen, resulting in a 3% total decrease. The stock's price trend wasn't definitive when matched against its global counterparts from the same sector and industry (as depicted above). Over the past six months the stock has exceeded the performance of this peer group by 5ppts and its growth decelerated by 11ppts in the past month. There is a distinction between the stock's performance and that of its peers from the same country and industry. Over six months its performance trailed that of this peer group by 2ppts and its growth decelerated by 8ppts in the previous month. Given the stock's valuation versus its peers, its total price movement is neither favourable nor unfavourable.

The ratio of return on invested capital (RoIC) to the weighted average cost of capital (WACC) has been 2.8 in the past several years. This ratio implies a strong shareholder value creation. 

The institutional, legal, and compliance risks associated with the company's country are minimal. In combination with stringent business standards, shareholder rights are very highly protected.

LDB.MI has very poor trading liquidity. It will take considerable time for the average private investor to sell a common position under normal market conditions. Liquidity is relatively stable and becomes extremely unfavourable on the days with the lowest activity. The trading volume mostly stays the same even under highly turbulent market conditions. Another factor to consider is the substantial number of days with zero trading volumes, i.e., without any ability to sell a position. The stock has a tiny market capitalisation, which usually makes its trading liquidity erratic and unpredictable. 

No other major risks have been identified.

The risk of default is moderate. We note resilient historical revenue growth, adequate interest coverage, and solid cash flow generation, among the positive credit factors. Among the negative credit factors, we point to weak positions in its industry, negligible return on capital, poor working capital management, and an unfavourable capital structure.

In highly turbulent market conditions, LDB.MI is not overly volatile. In other words, the stock will fall less than the index in times of extreme market volatility or shocking company news. Standalone, the worst-day losses (less than 1% of the time) will likely be low. 

In normal market circumstances, LDB.MI is as volatile as an index. Put differently, without outstanding market volatility or shocking company news, the stock's price will move with the index. The stock's losses on its worst days (less than 1-5% of the time) will range from very low to negligible. 

From both historical and forecast perspectives, the stock is slightly overpriced compared to similar stocks. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA, overpriced on P/FCF. 

Lindbergh S.p.A.

€ 3.57

4

Lindbergh S.p.A.

€ 3.57

4

Risk factor

Profitability factor

Risk / Profitability

Risk factor

Profitability factor

€ 3.57

About

About

About

About