(NWL) NewPrinces S.p.A. - Overview
Sector: Consumer Defensive | Industry: Packaged Foods | Exchange: MI (Italy) | Market Cap: 653m EUR | Total Return: -19% in 12m
Avg Turnover: 2.86M
EPS Trend: 87.2%
Rev. Trend: 94.6%
Warnings
Earnings expected to drop: P/E 2.0 → Forward 42.2
Tailwinds
No distinct edge detected
NewPrinces S.p.A., formerly Newlat Food S.p.A., is an Italy-based international agri-food company operating across Europe and the United Kingdom. The company maintains a diversified portfolio within the Packaged Foods & Meats sub-industry, specializing in pasta, dairy, bakery products, and ready-to-eat meals. Its business model relies on a multi-brand strategy, utilizing a vast array of established labels such as Napolina, Princes, and Mukki to capture market share across different consumer demographics and price points.
The company operates through an integrated supply chain that spans baby food, plant-based alternatives, and canned goods. This extensive product range allows NewPrinces to mitigate risks associated with commodity price volatility in any single food category. You can examine these operational segments further on ValueRay to better understand the companys valuation. Headquartered in Reggio Emilia, the firm functions as a subsidiary of Newlat Group S.A. and continues to expand its international footprint through both organic growth and strategic rebranding.
- Synergies from Princes acquisition drive post-merger margin expansion and revenue growth
- Fluctuations in wheat and dairy commodity prices impact core manufacturing costs
- Integration of UK operations increases exposure to British pound exchange rate volatility
- Expansion of plant-based and ready-to-eat segments targets shifting consumer dietary preferences
- High debt leverage from strategic acquisitions influences interest expense and valuation multiples
| Net Income: 338.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA -3.58 > 1.0 |
| NWC/Revenue: 20.45% < 20% (prev 28.39%; Δ -7.95% < -1%) |
| CFO/TA 0.14 > 3% & CFO 606.7m > Net Income 338.3m |
| Net Debt (-876.6m) to EBITDA (251.5m): -3.49 < 3 |
| Current Ratio: 1.39 > 1.5 & < 3 |
| Outstanding Shares: last quarter (42.0m) vs 12m ago -1.96% < -2% |
| Gross Margin: 15.44% > 18% (prev 0.17%; Δ 1.53k% > 0.5%) |
| Asset Turnover: 109.8% > 50% (prev 86.48%; Δ 23.27% > 0%) |
| Interest Coverage Ratio: 1.38 > 6 (EBITDA TTM 251.5m / Interest Expense TTM 55.0m) |
| A: 0.17 (Total Current Assets 2.74b - Total Current Liabilities 1.96b) / Total Assets 4.45b |
| B: -0.01 (Retained Earnings -24.2m / Total Assets 4.45b) |
| C: 0.02 (EBIT TTM 76.1m / Avg Total Assets 3.45b) |
| D: -0.01 (Book Value of Equity -24.2m / Total Liabilities 3.51b) |
| Altman-Z'' = 1.26 = BB |
| DSRI: 0.74 (Receivables 357.8m/270.4m, Revenue 3.78b/2.11b) |
| GMI: 1.11 (GM 15.44% / 17.21%) |
| AQI: 1.41 (AQ_t 0.08 / AQ_t-1 0.06) |
| SGI: 1.79 (Revenue 3.78b / 2.11b) |
| TATA: -0.06 (NI 338.3m - CFO 606.7m) / TA 4.45b) |
| Beneish M = -2.39 (Cap -4..+1) = BBB |
As of May 27, 2026, the stock is trading at EUR 15.70 with a total of 198,042 shares traded.
Over the past week, the price has changed by -3.09%,
over one month by -11.35%,
over three months by -25.77% and
over the past year by -18.99%.
NewPrinces S.p.A. has no consensus analysts rating.
P/E Trailing = 2.0
P/E Forward = 42.1941
P/S = 0.1725
P/B = 0.8444
Revenue TTM = 3.78b EUR
EBIT TTM = 76.1m EUR
EBITDA TTM = 251.5m EUR
Long Term Debt = 178.9m EUR (from longTermDebt, last quarter)
Short Term Debt = 193.6m EUR (from shortLongTermDebt, last fiscal year)
Debt = 378.2m EUR (Leases only: 378.2m)
Net Debt = -876.6m EUR (calculated: Debt 378.2m - CCE 1.25b)
Enterprise Value = 652.6m EUR (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = 1.38 (Ebit TTM 76.1m / Interest Expense TTM 55.0m)
EV/FCF = 1.69x (Enterprise Value 652.6m / FCF TTM 385.3m)
FCF Yield = 59.03% (FCF TTM 385.3m / Enterprise Value 652.6m)
FCF Margin = 10.18% (FCF TTM 385.3m / Revenue TTM 3.78b)
Net Margin = 8.94% (Net Income TTM 338.3m / Revenue TTM 3.78b)
Gross Margin = 15.44% ((Revenue TTM 3.78b - Cost of Revenue TTM 3.20b) / Revenue TTM)
Gross Margin QoQ = 10.36% (prev 17.03%)
Tobins Q-Ratio = 0.15 (Enterprise Value 652.6m / Total Assets 4.45b)
Interest Expense / Debt = 14.53% (Interest Expense 55.0m / Debt 378.2m)
Taxrate = 6.55% (26.9m / 410.3m)
NOPAT = 71.1m (EBIT 76.1m * (1 - 6.55%))
Current Ratio = 1.39 (Total Current Assets 2.74b / Total Current Liabilities 1.96b)
Debt / Equity = 0.49 (Debt 378.2m / totalStockholderEquity, last quarter 772.9m)
Debt / EBITDA = -3.49 (Net Debt -876.6m / EBITDA 251.5m)
Debt / FCF = -2.28 (Net Debt -876.6m / FCF TTM 385.3m)
Total Stockholder Equity = 584.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 9.81% (Net Income 338.3m / Total Assets 4.45b)
RoE = 55.59% (Net Income TTM 338.3m / Total Stockholder Equity 608.6m)
RoCE = 9.66% (EBIT 76.1m / Capital Employed (Equity 608.6m + L.T.Debt 178.9m))
RoIC = 3.34% (NOPAT 71.1m / Invested Capital 2.13b)
WACC = 9.35% (E(652.6m)/V(1.03b) * Re(6.89%) + D(378.2m)/V(1.03b) * Rd(14.53%) * (1-Tc(0.07)))
Discount Rate = 6.89% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -33.33 | Cagr: -0.08%
[DCF] Terminal Value 74.82% ; FCFF base≈350.9m ; Y1≈402.2m ; Y5≈592.0m
[DCF] Fair Price = 203.7 (EV 7.58b - Net Debt -876.6m = Equity 8.46b / Shares 41.5m; r=9.35% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 87.25 | EPS CAGR: 267.0% | SUE: N/A | # QB: 0
Revenue Correlation: 94.57 | Revenue CAGR: 91.30% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=-1.18 | Chg30d=-173.29% | Revisions=N/A | GrowthEPS=-179.8% | GrowthRev=+121.4%
EPS next Year (2027-12-31): EPS=-0.36 | Chg30d=-116.89% | Revisions=-20% | GrowthEPS=+69.2% | GrowthRev=+1.1%