1.70%
12.67%
7.60%
3.46%
-3.06%
-27.88%
5.28%
AI Spotlight on SFL
Company Description
Safilo Group S.p.A. engages in the design, production, wholesale, and retail distribution of products for the eyewear market in North America, Europe, the Asia Pacific, and internationally.Its brand portfolio comprises a set of own branded products, such as optical frames, sunglasses, sports goggles, and helmets, as well as licensed brands,including prescription frames and sunglasses.The company offers its products under own brands comprising Carrera, Polaroid, Safilo, Smith, Blenders Eyewear, and Privé Revaux, as well as Adensco, Chesterfield, Elasta, and Emozioni; and 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 Minkof, Tommy Hilfiger, Tommy Jeans, Under Armour, and Liz Claiborne brand.
It serves opticians, optometrists, ophthalmologists, distribution chains, department stores, specialized retailers, and licensors' own stores, as well as duty free and sports shops.The company sells its products through a network of independent distributor partners.The company was formerly known as Safilo Holding S.p.A. and changed its name to Safilo Group S.p.A. in September 2005.
Safilo Group S.p.A. was founded in 1878 and is headquartered in Padua, Italy.
Market Data
| Last Price | 1.08 |
| Change Percentage | 1.70% |
| Open | 1.06 |
| Previous Close | 1.06 |
| Market Cap ( Millions) | 446 |
| Volume | 1060193 |
| Year High | 1.28 |
| Year Low | 0.85 |
| M A 50 | 0.93 |
| M A 200 | 1.05 |
Financial Ratios
| FCF Yield | 10.48% |
| Dividend Yield | 0.00% |
| ROE | -1.51% |
| Debt / Equity | 34.85% |
| Net Debt / EBIDTA | 119.37% |
| Price To Book | 1.11 |
| Price Earnings Ratio | -76.08 |
| Price To FCF | 9.55 |
| Price To sales | 0.36 |
| EV / EBITDA | 6.5 |
News
- Nov -07 - Safilo Group Sales Hit by End of Jimmy Choo License, Soft Trends in North America and Asia
- Oct -09 - Safilo Group SpA (SAFLF) Q2 2024 Earnings Call Highlights: Navigating Challenges with Strategic ...
- Aug -01 - Safilo H1 Net Profit Improves Despite Falling Sales Worldwide
- Jul -17 - EXCLUSIVE: Marc Jacobs and Safilo Will Present ‘The Sunglasses’ Eyewear Collection for Fall
- May -07 - Amid Falling Q1 Sales, Safilo Says Portfolio Is Solid
- May -02 - Safilo’s and David Beckham’s Perpetual Eyewear License Signals Ongoing Industry Evolution
- Apr -24 - Carrera Eyewear’s Very Masculine Frames Are Entering the Women’s Space
- Apr -02 - At Vision Expo East 2024, Eyewear’s Biggest Players Confident About the Road Ahead
- Mar -14 - Safilo’s Full-year Net Profit Plummets
- Feb -09 - Technology, Health Care, High-end Push Define Spring 2024 Eyewear at Mido
- Jan -30 - Home Brands, David Beckham, Tommy Hilfiger Help Safilo but 2023 Sales Drop 4.9%
- Jan -11 - Safilo, Hugo Boss extend eyewear licensing deal to 2030
- Sep -21 - SAFILO AND AMAZON ANNOUNCE NEW CARRERA SMART GLASSES WITH ALEXA
- Sep -20 - Carrera 'smart' glasses set for US launch by Safilo and Amazon
- Jun -26 - SAFILO GROUP AND TOMMY HILFIGER RENEW IN ADVANCE THEIR LICENSING AGREEMENT UNTIL 2030
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Sunglasses
Expected Growth : 4 %
What the company do ?
Sunglasses from Safilo Group S.p.A. are high-quality, stylish, and protective eyewear from a renowned Italian eyewear company.
Why we expect these perspectives ?
Safilo Group S.p.A.'s 4% growth in sunglasses is driven by increasing demand for premium and luxury eyewear, expansion in emerging markets, and a growing online presence. Additionally, the company's focus on innovative designs, sustainable materials, and strategic partnerships with fashion brands contribute to its growth momentum.
Segment n°2 -> Prescription Frames
Expected Growth : 2 %
What the company do ?
Prescription Frames from Safilo Group S.p.A. offer a wide range of stylish and functional eyewear solutions for corrective vision needs.
Why we expect these perspectives ?
Safilo Group S.p.A.'s 2% growth in Prescription Frames is driven by increasing demand for stylish, high-quality eyewear, particularly among younger generations. Expanding online presence, strategic partnerships, and innovative product designs also contribute to growth. Furthermore, the rising prevalence of myopia and presbyopia, coupled with an aging population, fuels demand for corrective eyewear.
Segment n°3 -> Other
Expected Growth : 1 %
What the company do ?
The Other segment from Safilo Group S.p.A. includes licensing business, joint ventures, and other non-core activities.
Why we expect these perspectives ?
Safilo Group S.p.A.'s 'Other' segment growth is driven by increasing demand for online eyewear, expansion into new markets, and strategic partnerships. The company's focus on digitalization, omnichannel distribution, and product innovation also contribute to its growth.
Safilo Group S.P.A. Products
| Product Range | What is it ? |
|---|---|
| Eyewear | Safilo Group designs, manufactures and distributes high-quality prescription frames, sunglasses and sports eyewear for men, women and children. |
| Smith Optics | Safilo Group offers a range of Smith Optics products, including sunglasses, goggles and helmets for outdoor enthusiasts. |
| Polaroid Eyewear | Safilo Group designs and manufactures Polaroid Eyewear, offering a range of stylish and functional sunglasses and prescription frames. |
| Licensed Brands | Safilo Group has licensing agreements with top fashion brands, such as Gucci, Prada, and Hugo Boss, to design and manufacture eyewear products. |
| Private Label | Safilo Group offers private label services, designing and manufacturing eyewear products for retailers and wholesalers. |
| Ophthalmic Lenses | Safilo Group manufactures and distributes ophthalmic lenses, including single vision, progressive, and photochromic lenses. |
Safilo Group S.p.A.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Safilo Group S.p.A. is medium due to the presence of alternative products in the market, such as contact lenses and refractive surgery. However, the high quality and brand reputation of Safilo's products mitigate this threat.
Bargaining Power Of Customers
The bargaining power of customers is low due to the fragmented nature of the eyewear market and the lack of concentration among buyers. Additionally, Safilo's strong brand portfolio and wide distribution network reduce the bargaining power of customers.
Bargaining Power Of Suppliers
The bargaining power of suppliers is medium due to the presence of a few large suppliers of raw materials and components. However, Safilo's long-term relationships with suppliers and its diversified supply chain mitigate this threat.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry in the eyewear industry, including the need for significant investments in research and development, manufacturing, and marketing.
Intensity Of Rivalry
The intensity of rivalry in the eyewear industry is high due to the presence of several established players, including Luxottica, Essilor, and Zeiss. The industry is highly competitive, with companies competing on factors such as product quality, price, and brand reputation.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 25.27% |
| Debt Cost | 5.58% |
| Equity Weight | 74.73% |
| Equity Cost | 9.62% |
| WACC | 8.60% |
| Leverage | 33.82% |
Safilo Group S.p.A. : Quality Control
Safilo Group S.p.A. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
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| BIOT.ST | Biotage AB (publ) provides separation technologies in the areas of organic and analytical chemistry, biomolecules, and industrial scale up applications. The company offers organic and peptide synthesis solutions; flash chromotherapy, … |
| CLTN.SW | COLTENE Holding AG develops, manufactures, and sells disposables, tools, and equipment for dentists and dental laboratories in Europe, the Middle East, Africa, North America, Latin America, and Asia/Oceania. It offers … |
| AMS.L | Advanced Medical Solutions Group plc, together with its subsidiaries, designs, develops, manufactures, and distributes products for the wound care, surgical, and wound closure markets in the United Kingdom, Germany, France, … |
Peers Metrics
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Scoring Insights
Peers Group Analysis
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SKAN
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Biotage
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Coltene
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Advanced Medical Solutions
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Safilo
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