(OVS) OVS SPA - Overview
Sector: Consumer Cyclical | Industry: Apparel Manufacturing | Exchange: MI (Italy) | Market Cap: 1.272m EUR | Total Return: 50.4% in 12m
Avg Turnover: 1.61M
Warnings
Altman Z'' 0.37 < 1.0 - financial distress zone
Tailwinds
No distinct edge detected
OVS S.p.A. is an Italian fashion retailer that designs and distributes apparel, footwear, accessories, and home furnishings. The company operates through a multi-brand strategy, managing a portfolio that includes OVS, UPIM, Stefanel, and GAP. Its business model relies on a vertically integrated supply chain and a diverse retail network consisting of both directly operated stores and franchise locations.
The Italian apparel market is characterized by high fragmentation and a strong emphasis on brand heritage, where OVS maintains a leading market share in the value fashion segment. The company segments its operations into OVS, UPIM, and Other divisions to target different consumer demographics ranging from childrens wear to premium fashion and cosmetics. For a deeper look into the companys valuation metrics, consider reviewing the data on ValueRay.
Headquartered in Mestre, OVS has expanded its footprint through strategic acquisitions and international partnerships since its founding in 1972. The company focuses on a value-oriented price point while leveraging its private labels, such as Piombo and Blukids, to differentiate its product offering from global fast-fashion competitors.
- Italian consumer confidence levels dictate domestic retail footfall and discretionary spending
- Kids wear segment market share gains underpin long-term revenue stability
- Rising raw material and logistics costs impact gross profit margins
- Strategic brand acquisitions like Stefanel drive multi-brand portfolio diversification growth
- E-commerce penetration rates determine digital sales growth and operational leverage
| Net Income: 98.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA -0.11 > 1.0 |
| NWC/Revenue: -2.61% < 20% (prev 0.69%; Δ -3.30% < -1%) |
| CFO/TA 0.17 > 3% & CFO 505.9m > Net Income 98.1m |
| Net Debt (1.05b) to EBITDA (442.9m): 2.38 < 3 |
| Current Ratio: 0.90 > 1.5 & < 3 |
| Outstanding Shares: last quarter (243.6m) vs 12m ago -6.97% < -2% |
| Gross Margin: 42.03% > 18% (prev 0.33%; Δ 4.17k% > 0.5%) |
| Asset Turnover: 113.3% > 50% (prev 86.61%; Δ 26.74% > 0%) |
| Interest Coverage Ratio: 2.48 > 6 (EBITDA TTM 442.9m / Interest Expense TTM 80.8m) |
| A: -0.03 (Total Current Assets 733.2m - Total Current Liabilities 817.4m) / Total Assets 3.02b |
| B: 0.02 (Retained Earnings 48.4m / Total Assets 3.02b) |
| C: 0.07 (EBIT TTM 200.0m / Avg Total Assets 2.85b) |
| D: 0.02 (Book Value of Equity 48.4m / Total Liabilities 2.12b) |
| Altman-Z'' = 0.37 = B |
As of May 25, 2026, the stock is trading at EUR 5.28 with a total of 221,357 shares traded.
Over the past week, the price has changed by +2.61%,
over one month by +3.81%,
over three months by +7.11% and
over the past year by +50.43%.
OVS SPA has no consensus analysts rating.
P/E Trailing = 27.5789
P/E Forward = 4.1946
P/S = 0.7283
P/B = 1.3952
Revenue TTM = 3.23b EUR
EBIT TTM = 200.0m EUR
EBITDA TTM = 442.9m EUR
Long Term Debt = 225.4m EUR (from longTermDebt, last quarter)
Short Term Debt = 29.0m EUR (from shortLongTermDebt, last quarter)
Debt = 1.16b EUR (Leases only: 1.16b)
Net Debt = 1.05b EUR (calculated: Debt 1.16b - CCE 105.2m)
Enterprise Value = 2.33b EUR (1.27b + Debt 1.16b - CCE 105.2m)
Interest Coverage Ratio = 2.48 (Ebit TTM 200.0m / Interest Expense TTM 80.8m)
EV/FCF = 9.80x (Enterprise Value 2.33b / FCF TTM 237.2m)
FCF Yield = 10.20% (FCF TTM 237.2m / Enterprise Value 2.33b)
FCF Margin = 7.35% (FCF TTM 237.2m / Revenue TTM 3.23b)
Net Margin = 3.04% (Net Income TTM 98.1m / Revenue TTM 3.23b)
Gross Margin = 42.03% ((Revenue TTM 3.23b - Cost of Revenue TTM 1.87b) / Revenue TTM)
Gross Margin QoQ = 59.86% (prev 56.84%)
Tobins Q-Ratio = 0.77 (Enterprise Value 2.33b / Total Assets 3.02b)
Interest Expense / Debt = 6.97% (Interest Expense 80.8m / Debt 1.16b)
Taxrate = 31.03% (7.39m / 23.8m)
NOPAT = 137.9m (EBIT 200.0m * (1 - 31.03%))
Current Ratio = 0.90 (Total Current Assets 733.2m / Total Current Liabilities 817.4m)
Debt / Equity = 1.28 (Debt 1.16b / totalStockholderEquity, last quarter 902.8m)
Debt / EBITDA = 2.38 (Net Debt 1.05b / EBITDA 442.9m)
Debt / FCF = 4.44 (Net Debt 1.05b / FCF TTM 237.2m)
Total Stockholder Equity = 885.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 3.45% (Net Income 98.1m / Total Assets 3.02b)
RoE = 11.08% (Net Income TTM 98.1m / Total Stockholder Equity 885.1m)
RoCE = 18.01% (EBIT 200.0m / Capital Employed (Equity 885.1m + L.T.Debt 225.4m))
RoIC = 6.25% (NOPAT 137.9m / Invested Capital 2.21b)
WACC = 6.71% (E(1.27b)/V(2.43b) * Re(8.45%) + D(1.16b)/V(2.43b) * Rd(6.97%) * (1-Tc(0.31)))
Discount Rate = 8.45% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 2.27 | Cagr: 6.13%
[DCF] Terminal Value 76.86% ; FCFF base≈227.2m ; Y1≈250.4m ; Y5≈319.6m
[DCF] Fair Price = 15.76 (EV 4.88b - Net Debt 1.05b = Equity 3.83b / Shares 242.7m; r=8.35% [WACC [floored]]; 5y FCF grow 11.84% → 2.50% )
Revenue Correlation: 98.65 | Revenue CAGR: 8.96% | SUE: 0.27 | # QB: 0
EPS current Year (2027-01-31): EPS=0.41 | Chg30d=+4.00% | Revisions=+25% | GrowthEPS=+0.0% | GrowthRev=+6.0%
EPS next Year (2028-01-31): EPS=0.43 | Chg30d=+3.22% | Revisions=+25% | GrowthEPS=+6.8% | GrowthRev=+3.3%
[Analyst] Revisions Ratio: +25%