(PST) Poste Italiane SpA - Overview
Sector: Industrials | Industry: Conglomerates | Exchange: MI (Italy) | Market Cap: 32.361m EUR | Total Return: 39.5% in 12m
Avg Turnover: 60.4M
EPS Trend: 88.7%
Qual. Beats: 0
Rev. Trend: -92.5%
Qual. Beats: 1
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Poste Italiane SpA is a diversified Italian conglomerate operating across four primary segments: Mail, Parcels and Distribution; PostePay Services; Financial Services; and Insurance Services. Founded in 1862 and headquartered in Rome, the company utilizes its extensive physical branch network to distribute financial products, postal savings, and insurance policies while managing logistics and payment services.
The business model leverages a unique hybrid of traditional logistics and financial intermediation, allowing the company to cross-sell insurance and banking products to a large domestic customer base. In the European postal sector, such integration is a common strategy to offset declining mail volumes with higher-margin financial and digital payment services. Investors can find deeper insights into these segment performances on ValueRay.
Beyond its core postal and financial functions, the company has expanded into telecommunications and energy retail, including the sale of electricity and gas. This multi-platform approach positions Poste Italiane as a central service provider for Italian households, integrating physical infrastructure with digital payment ecosystems.
- Rising interest rates drive net interest income growth in financial services segment
- Government privatization plans increase market volatility and institutional sell-side pressure
- Insurance division profitability depends on BTP spread stability and investment returns
- Logistics revenue growth hinges on e-commerce volume offsetting traditional mail decline
- PostePay digital payment adoption expands margins within the retail services segment
| Net Income: 2.43b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.00 > 1.0 |
| NWC/Revenue: -336.9% < 20% (prev -300.0%; Δ -36.86% < -1%) |
| CFO/TA 0.03 > 3% & CFO 8.15b > Net Income 2.43b |
| Net Debt (-8.61b) to EBITDA (4.30b): -2.00 < 3 |
| Current Ratio: 0.49 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.29b) vs 12m ago -0.04% < -2% |
| Gross Margin: 56.27% > 18% (prev 0.59%; Δ 5.57k% > 0.5%) |
| Asset Turnover: 5.13% > 50% (prev 5.28%; Δ -0.15% > 0%) |
| Interest Coverage Ratio: 28.89 > 6 (EBITDA TTM 4.30b / Interest Expense TTM 114.0m) |
| A: -0.17 (Total Current Assets 46.7b - Total Current Liabilities 95.7b) / Total Assets 288b |
| B: 0.04 (Retained Earnings 10.1b / Total Assets 288b) |
| C: 0.01 (EBIT TTM 3.29b / Avg Total Assets 283b) |
| D: 0.04 (Book Value of Equity 10.1b / Total Liabilities 274b) |
| Altman-Z'' = -0.88 = CCC |
| DSRI: 0.97 (Receivables 1.98b/2.06b, Revenue 14.5b/14.7b) |
| GMI: 1.05 (GM 56.27% / 58.91%) |
| AQI: 1.01 (AQ_t 0.82 / AQ_t-1 0.81) |
| SGI: 0.99 (Revenue 14.5b / 14.7b) |
| TATA: -0.02 (NI 2.43b - CFO 8.15b) / TA 288b) |
| Beneish M = -3.03 (Cap -4..+1) = AA |
As of May 25, 2026, the stock is trading at EUR 24.81 with a total of 2,513,889 shares traded.
Over the past week, the price has changed by +3.26%,
over one month by +12.25%,
over three months by +9.40% and
over the past year by +39.49%.
Poste Italiane SpA has no consensus analysts rating.
P/E Trailing = 13.3085
P/E Forward = 10.0402
P/S = 2.2657
P/B = 2.3964
Revenue TTM = 14.5b EUR
EBIT TTM = 3.29b EUR
EBITDA TTM = 4.30b EUR
Long Term Debt = 4.91b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 70.7b EUR (from shortTermDebt, last fiscal year)
Debt = 1.28b EUR (Leases only: 1.28b)
Net Debt = -8.61b EUR (calculated: Debt 1.28b - CCE 9.89b)
Enterprise Value = 23.8b EUR (32.4b + Debt 1.28b - CCE 9.89b)
Interest Coverage Ratio = 28.89 (Ebit TTM 3.29b / Interest Expense TTM 114.0m)
EV/FCF = 13.62x (Enterprise Value 23.8b / FCF TTM 1.74b)
FCF Yield = 7.34% (FCF TTM 1.74b / Enterprise Value 23.8b)
FCF Margin = 11.99% (FCF TTM 1.74b / Revenue TTM 14.5b)
Net Margin = 16.73% (Net Income TTM 2.43b / Revenue TTM 14.5b)
Gross Margin = 56.27% ((Revenue TTM 14.5b - Cost of Revenue TTM 6.36b) / Revenue TTM)
Gross Margin QoQ = 22.50% (prev 67.83%)
Tobins Q-Ratio = 0.08 (Enterprise Value 23.8b / Total Assets 288b)
Interest Expense / Debt = 8.91% (Interest Expense 114.0m / Debt 1.28b)
Taxrate = 24.70% (268.0m / 1.08b)
NOPAT = 2.48b (EBIT 3.29b * (1 - 24.70%))
Current Ratio = 0.49 (Total Current Assets 46.7b / Total Current Liabilities 95.7b)
Debt / Equity = 0.09 (Debt 1.28b / totalStockholderEquity, last quarter 13.5b)
Debt / EBITDA = -2.00 (Net Debt -8.61b / EBITDA 4.30b)
Debt / FCF = -4.94 (Net Debt -8.61b / FCF TTM 1.74b)
Total Stockholder Equity = 13.3b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.86% (Net Income 2.43b / Total Assets 288b)
RoE = 18.26% (Net Income TTM 2.43b / Total Stockholder Equity 13.3b)
RoCE = 18.06% (EBIT 3.29b / Capital Employed (Equity 13.3b + L.T.Debt 4.91b))
RoIC = 0.94% (NOPAT 2.48b / Invested Capital 263b)
WACC = 6.87% (E(32.4b)/V(33.6b) * Re(6.88%) + D(1.28b)/V(33.6b) * Rd(8.91%) * (1-Tc(0.25)))
Discount Rate = 6.88% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -78.21 | Cagr: -0.11%
[DCF] Terminal Value 75.95% ; FCFF base≈1.72b ; Y1≈1.78b ; Y5≈2.01b
[DCF] Fair Price = 30.72 (EV 31.1b - Net Debt -8.61b = Equity 39.7b / Shares 1.29b; r=8.35% [WACC [floored]]; 5y FCF grow 4.00% → 2.50% )
EPS Correlation: 88.71 | EPS CAGR: 17.63% | SUE: 0.83 | # QB: 0
Revenue Correlation: -92.51 | Revenue CAGR: -19.56% | SUE: 1.10 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.47 | Chg30d=-3.30% | Revisions=-20% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.52 | Chg30d=+0.10% | Revisions=-20% | Analysts=2
EPS current Year (2026-12-31): EPS=1.86 | Chg30d=+1.57% | Revisions=+27% | GrowthEPS=+5.9% | GrowthRev=+3.8%
EPS next Year (2027-12-31): EPS=1.95 | Chg30d=-3.76% | Revisions=+17% | GrowthEPS=+4.9% | GrowthRev=+1.7%
[Analyst] Revisions Ratio: +27%