Risk factor
Moderate default risk
Profitability factor
Undervalued vs peers
About
Safilo Group S.p.A. is actively involved in the design, manufacture, and both wholesale and retail dissemination of eyewear products. Its operations span North America, Europe, the Asia Pacific region, and numerous other international markets. The company's product line encompasses a variety of items such as optical frames, sunglasses, sports goggles, and helmets, including prescription frames. These are offered through a diverse brand portfolio featuring both proprietary and licensed names. Its own brand collection includes Carrera, Polaroid, Safilo, Smith, Blenders Eyewear, Privé Revaux, Adensco, Chesterfield, Elasta, and Emozioni. Furthermore, Safilo distributes products under licensed brands such as Banana Republic, BOSS, Carolina Herrera, Chiara Ferragni, David Beckham, Dsquared2, Fossil, havaianas, HUGO, Isabel Marant, Jimmy Choo, Juicy Couture, Kate Spade, LEVI'S, Liz Claiborne, Marc Jacobs, Missoni, M Missoni, Moschino and Love Moschino, Pierre Cardin, PORTS, rag&bone, Rebecca Minkoff, Tommy Hilfiger, Tommy Jeans, and Under Armour. The company supplies its offerings to a wide array of customers and points of sale, including opticians, optometrists, ophthalmologists, major distribution chains, department stores, specialized retailers, stores owned by its licensors, duty-free outlets, and sports shops. Sales are conducted via an extensive network of independent distributor partners. Formerly known as Safilo Holding S.p.A., the company rebranded to Safilo Group S.p.A. in September 2005. Established in 1878, Safilo Group S.p.A. maintains its corporate headquarters in Padua, Italy.
Company Valuation
Considering past and projected metrics, the stock is 'cheaper' than its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA, underpriced on P/FCF
Target Price
The average target price of SFL.MI is 2.0 and suggests 16% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incre