1.19%
6.58%
-2.86%
-10.05%
-24.78%
-33.42%
-24.44%

Company Description

Zignago Vetro S.p.A., together with its subsidiaries, engages in the production, marketing, and sale of hollow glass containers in Italy, rest of Europe, and internationally.The company offers glass containers for perfumes, food and beverage, and cosmetics markets; and specialty containers for wine, spirits, vinegar, olive oils.It is also involved in the treatment and sale of recycled glass; production and regeneration of glass container molds; and glass bottles sales promotion activities.


The company was founded in 1950 and is headquartered in Fossalta di Portogruaro, Italy.Zignago Vetro S.p.A. is a subsidiary of Zignago Holding S.p.A.

Market Data

Last Price 10.2
Change Percentage 1.19%
Open 10.14
Previous Close 10.08
Market Cap ( Millions) 901
Volume 51259
Year High 13.94
Year Low 8.92
M A 50 9.54
M A 200 10.84

Financial Ratios

FCF Yield 5.70%
Dividend Yield 7.35%
ROE 15.84%
Debt / Equity 76.11%
Net Debt / EBIDTA 181.87%
Price To Book 2.57
Price Earnings Ratio 15.38
Price To FCF 17.55
Price To sales 1.94
EV / EBITDA 9.64

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Zignago Vetro

Expected Growth : 12 %

What the company do ?

Zignago Vetro is a leading Italian glass container manufacturer, producing high-quality glass packaging for the food and beverage industry.

Why we expect these perspectives ?

Zignago Vetro's 12% growth is driven by increasing demand for premium glass packaging, expansion into emerging markets, and strategic partnerships with key customers. Additionally, investments in sustainable production processes and innovative product development have enhanced the company's competitive edge, contributing to its rapid growth.

Segment nΒ°2 -> Zignago Vetro Polska

Expected Growth : 11 %

What the company do ?

Zignago Vetro Polska is a Polish subsidiary of Zignago Vetro S.p.A., an Italian glass container manufacturer, producing glass packaging for food and beverages.

Why we expect these perspectives ?

Zignago Vetro Polska's 11% growth is driven by increasing demand for premium glass packaging, strategic expansion into Eastern European markets, and investments in modernizing production facilities. Additionally, the subsidiary benefits from its parent company's expertise in glass manufacturing and access to a strong distribution network.

Segment nΒ°3 -> Zignago Vetro France

Expected Growth : 10 %

What the company do ?

Zignago Vetro France is a French subsidiary of Zignago Vetro S.p.A., an Italian glass packaging manufacturer, producing glass containers for perfumery, cosmetics, and pharmaceuticals.

Why we expect these perspectives ?

Zignago Vetro France's 10% growth is driven by increasing demand for sustainable glass packaging, strategic partnerships with French wine producers, and investments in energy-efficient manufacturing processes. Additionally, the company's focus on innovative product design and expansion into the luxury goods market contribute to its growth momentum.

Segment nΒ°4 -> Consolidation Adjustments

Expected Growth : 0 %

What the company do ?

Consolidation Adjustments from Zignago Vetro S.p.A. refer to the elimination of intercompany transactions and balances between subsidiaries to present a unified financial picture.

Why we expect these perspectives ?

Consolidation adjustments from Zignago Vetro S.p.A. with 0% growth indicate no significant changes in the company's financial structure, suggesting a stable financial position, no major acquisitions or divestitures, and a lack of significant one-time items or accounting changes.

Segment nΒ°5 -> Vetro Revet Srl

Expected Growth : 13 %

What the company do ?

Vetro Revet Srl, a subsidiary of Zignago Vetro S.p.A., is an Italian company specializing in the production of hollow glass containers.

Why we expect these perspectives ?

Vetro Revet Srl's 13% growth is driven by increasing demand for sustainable glass packaging, strategic partnerships, and investments in production capacity expansion. Additionally, the company's focus on innovative products, such as eco-friendly glass containers, has contributed to its growth momentum.

Segment nΒ°6 -> Italian Glass Moulds Srl

Expected Growth : 11 %

What the company do ?

Italian Glass Moulds Srl, a subsidiary of Zignago Vetro S.p.A., designs and manufactures moulds for the production of glass containers.

Why we expect these perspectives ?

Italian Glass Moulds Srl's 11% growth is driven by increasing demand for premium glass packaging, strategic partnerships with leading glass manufacturers, and investments in R&D to improve mould design and production efficiency. Additionally, the company's focus on sustainability and eco-friendly products resonates with environmentally conscious consumers, further boosting growth.

Segment nΒ°7 -> Zignago Glass USA Inc

Expected Growth : 9 %

What the company do ?

Zignago Glass USA Inc is a US-based subsidiary of Zignago Vetro S.p.A., an Italian glass manufacturing company, producing high-quality glass containers for the food and beverage industry.

Why we expect these perspectives ?

Zignago Glass USA Inc's 9% growth is driven by increasing demand for premium glass products in the US market, fueled by trends in sustainable architecture and energy-efficient buildings. Additionally, strategic partnerships and investments in R&D have enabled the company to expand its product offerings and improve operational efficiency.

Zignago Vetro S.P.A. Products

Product Range What is it ?
Glass Containers Zignago Vetro S.p.A. produces a wide range of glass containers for the pharmaceutical, cosmetic, and food industries. These containers are designed to meet the specific needs of each industry, ensuring the safety and quality of the products they hold.
Glass Vials Zignago Vetro S.p.A. offers a variety of glass vials for pharmaceutical, biotechnological, and cosmetic applications. These vials are designed to meet the highest standards of quality and purity.
Glass Ampoules Zignago Vetro S.p.A. produces glass ampoules for pharmaceutical and biotechnological applications. These ampoules are designed to provide a safe and sterile environment for sensitive products.
Glass Cartridges Zignago Vetro S.p.A. offers glass cartridges for pharmaceutical and biotechnological applications. These cartridges are designed to provide a safe and sterile environment for sensitive products.
Specialty Glass Zignago Vetro S.p.A. produces specialty glass products for various industries, including pharmaceutical, cosmetic, and food. These products are designed to meet specific requirements and standards.

Zignago Vetro S.p.A.'s Porter Forces

The threat of substitutes for Zignago Vetro S.p.A. is medium due to the presence of alternative products in the market, but the company's strong brand reputation and quality products reduce the likelihood of customers switching to substitutes.

The bargaining power of customers is low due to the company's strong brand reputation and the lack of price sensitivity among customers, giving the company an upper hand in negotiations.

The bargaining power of suppliers is medium due to the presence of multiple suppliers in the market, but the company's large scale of operations and strong relationships with suppliers reduce the bargaining power of suppliers.

The threat of new entrants is low due to the high barriers to entry in the industry, including high capital requirements and the need for specialized expertise, making it difficult for new companies to enter the market.

The intensity of rivalry is high due to the presence of several established players in the market, leading to intense competition and a high level of rivalry among companies.

Capital Structure

Value
Debt Weight 39.98%
Debt Cost 4.74%
Equity Weight 60.02%
Equity Cost 8.57%
WACC 7.04%
Leverage 66.62%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
VETN.SW Vetropack Holding AG, together with its subsidiaries, engages in the development, production, and sale of glass packaging products for the food and beverage industry. It offers glass bottles and jars. …
TFF.PA TFF Group manufactures and distributes barrels and wood products for the aging of wines, spirits, and alcohols in France, rest of Europe, Australasia, the United States, and internationally. The company …
MACF.L Macfarlane Group PLC, through its subsidiaries, designs, manufactures, and distributes protective packaging products to businesses. The company operates through Packaging Distribution and Manufacturing Operations segments. The Packaging Distribution segment distributes …
ELO.OL Elopak ASA manufactures and supplies paper-based packaging solutions for liquid food in Norway and internationally. It offers Pure-Pak cartons for chilled and ambient applications; chilled and ambient beverages; filling chilled …
ALGIL.PA Groupe Guillin S.A. produces and sells food packaging products in France and internationally. It offers bags, lace, scalloped and gold holders, liners, trays, sealable trays, round containers with separate and …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
10.2$
Current Price
10.2$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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