(CPR) Davide Campari-Milano - Overview
Sector: Consumer Defensive | Industry: Beverages - Wineries & Distilleries | Exchange: MI (Italy) | Market Cap: 6.716m EUR | Total Return: -0.5% in 12m
Avg Turnover: 38.0M
Rev. Trend: 95.0%
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Davide Campari-Milano N.V. is a global producer and distributor of spirits, wines, and non-alcoholic beverages. Founded in 1860 and headquartered in Italy, the company maintains a portfolio of over 50 premium brands, including Aperol, Campari, and Wild Turkey. Its operations span the Americas, EMEA, and Asia-Pacific regions through a mix of owned distribution networks and third-party partnerships.
The company operates within the Distillers & Vintners sub-industry, a sector characterized by high brand equity and long-term inventory maturation cycles. Campari’s business model focuses on Global Priorities, which are high-margin brands that drive the majority of its international growth and scalability.
Further analysis of the companys valuation metrics and competitive positioning is available on ValueRay.
- Aperol and Campari sales volume drives organic revenue growth in key Western markets
- Strategic acquisition of Courvoisier cognac shifts product mix and debt leverage profile
- Rising glass and raw material costs pressure gross margins across premium portfolios
- Global consumer shift toward bitter aperitifs supports long-term brand equity and pricing power
- Interest rate fluctuations impact financing costs for aggressive mergers and acquisitions strategy
| Net Income: 242.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 1.64 > 1.0 |
| NWC/Revenue: 36.06% < 20% (prev 27.12%; Δ 8.94% < -1%) |
| CFO/TA 0.08 > 3% & CFO 687.6m > Net Income 242.2m |
| Net Debt (2.09b) to EBITDA (802.0m): 2.61 < 3 |
| Current Ratio: 2.22 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.20b) vs 12m ago 5.66% < -2% |
| Gross Margin: 58.50% > 18% (prev 57.39%; Δ 1.10% > 0.5%) |
| Asset Turnover: 61.00% > 50% (prev 65.93%; Δ -4.93% > 0%) |
| Interest Coverage Ratio: 3.24 > 6 (EBIT TTM 653.7m / Interest Expense TTM 201.7m) |
| A: 0.20 (Total Current Assets 2.96b - Total Current Liabilities 1.34b) / Total Assets 8.11b |
| B: 0.50 (Retained Earnings 4.08b / Total Assets 8.11b) |
| C: 0.09 (EBIT TTM 653.7m / Avg Total Assets 7.39b) |
| D: 0.91 (Book Value of Equity 3.86b / Total Liabilities 4.25b) |
| Altman-Z'' = 4.51 = AA |
| DSRI: 0.82 (Receivables 327.1m/388.8m, Revenue 4.51b/4.40b) |
| GMI: 0.98 (GM 57.39% / 58.50%) |
| AQI: 0.93 (AQ_t 0.45 / AQ_t-1 0.48) |
| SGI: 1.02 (Revenue 4.51b / 4.40b) |
| TATA: -0.05 (NI 242.2m - CFO 687.6m) / TA 8.11b) |
| Beneish M = -3.22 (Cap -4..+1) = AA |
As of June 06, 2026, the stock is trading at EUR 5.52 with a total of 6,308,094 shares traded.
Over the past week, the price has changed by -1.39%,
over one month by -13.01%,
over three months by -14.22% and
over the past year by -0.46%.
Davide Campari-Milano has no consensus analysts rating.
P/E Trailing = 19.3172
P/E Forward = 16.9492
P/S = 2.2363
P/B = 1.7367
P/EG = 1.6723
Revenue TTM = 4.51b EUR
EBIT TTM = 653.7m EUR
EBITDA TTM = 802.0m EUR
Long Term Debt = 2.22b EUR (from longTermDebt, last quarter)
Short Term Debt = 272.2m EUR (from shortLongTermDebt, last quarter)
Debt = 2.80b EUR (from shortLongTermDebtTotal, two quarters ago) + Leases 71.6m
Net Debt = 2.09b EUR (calculated: Debt 2.80b - CCE 703.3m)
Enterprise Value = 8.81b EUR (6.72b + Debt 2.80b - CCE 703.3m)
Interest Coverage Ratio = 3.24 (Ebit TTM 653.7m / Interest Expense TTM 201.7m)
EV/FCF = 22.69x (Enterprise Value 8.81b / FCF TTM 388.3m)
FCF Yield = 4.41% (FCF TTM 388.3m / Enterprise Value 8.81b)
FCF Margin = 8.61% (FCF TTM 388.3m / Revenue TTM 4.51b)
Net Margin = 5.37% (Net Income TTM 242.2m / Revenue TTM 4.51b)
Gross Margin = 58.50% ((Revenue TTM 4.51b - Cost of Revenue TTM 1.87b) / Revenue TTM)
Gross Margin QoQ = 57.62% (prev 61.12%)
Tobins Q-Ratio = 1.09 (Enterprise Value 8.81b / Total Assets 8.11b)
Interest Expense / Debt = 7.21% (Interest Expense 201.7m / Debt 2.80b)
Taxrate = 27.66% (127.3m / 460.3m)
NOPAT = 472.9m (EBIT 653.7m * (1 - 27.66%))
Current Ratio = 2.22 (Total Current Assets 2.96b / Total Current Liabilities 1.34b)
Debt / Equity = 0.72 (Debt 2.80b / totalStockholderEquity, last quarter 3.86b)
Debt / EBITDA = 2.61 (Net Debt 2.09b / EBITDA 802.0m)
Debt / FCF = 5.39 (Net Debt 2.09b / FCF TTM 388.3m)
Total Stockholder Equity = 3.81b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.28% (Net Income 242.2m / Total Assets 8.11b)
RoE = 6.36% (Net Income TTM 242.2m / Total Stockholder Equity 3.81b)
RoCE = 10.85% (EBIT 653.7m / Capital Employed (Equity 3.81b + L.T.Debt 2.22b))
RoIC = 7.22% (NOPAT 472.9m / Invested Capital 6.55b)
WACC = 5.40% (E(6.72b)/V(9.51b) * Re(5.48%) + D(2.80b)/V(9.51b) * Rd(7.21%) * (1-Tc(0.28)))
Discount Rate = 5.48% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 67.42 | Cagr: 5.03%
[DCF] Terminal Value 77.97% ; FCFF base≈317.1m ; Y1≈363.5m ; Y5≈535.0m
[DCF] Fair Price = 4.97 (EV 8.05b - Net Debt 2.09b = Equity 5.96b / Shares 1.20b; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 95.01 | Revenue CAGR: 4.24% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=0.31 | Chg30d=-0.06% | Revisions=-50% | GrowthEPS=-2.5% | GrowthRev=+0.1%
EPS next Year (2027-12-31): EPS=0.35 | Chg30d=+0.00% | Revisions=-56% | GrowthEPS=+12.1% | GrowthRev=+4.4%
[Analyst] Revisions Ratio: -56%