PST Stock Analysis: Poste Italiane | MI
Integrated Freight & Logistics | MI, Italy | Market Cap: 31.510m EUR | 12M Return: 27% | IT0003796171 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 113M
EPS Trend: 84.2%
Qual. Beats: 0
Rev. Trend: -29.6%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 10.9 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Poste Italiane S.p.A. is an Italian multi-service operator headquartered in Rome, founded in 1862, that provides postal, logistics, financial, and insurance products and services primarily in Italy. The company organizes its activities across four segments: Mail, Parcels and Distribution (covering mail, parcel, and logistics activities, as well as welfare services); PostePay Services (payment management, e-money, and mobile/utility services); Financial Services (distribution of current accounts, postal savings, mutual funds, financing, and insurance policies); and Insurance Services (life and P&C products covering investment, retirement, and protection needs).
Despite its classification under the GICS Financials sector and the Life & Health Insurance sub-industry, Poste Italiane retains a hybrid business model that combines a legacy universal postal service network with bancassurance-style distribution. Its extensive branch network across Italy serves as a physical distribution channel for financial and insurance products, a structure that distinguishes it from pure-play insurers and reflects Italys broader tradition of postal institutions acting as retail financial intermediaries.
- Net interest income rises on BTP spread gains
- Parcel volumes grow as e-commerce demand recovers
- Insurance segment margins improve on investment performance
| Net Income: 2.40b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.32 > 1.0 |
| NWC/Revenue: -275.8% < 20% (prev -339.6%; Δ 63.74% < -1%) |
| CFO/TA 0.01 > 3% & CFO 2.74b > Net Income 2.40b |
| Net Debt (76.3b) to EBITDA (4.44b): 17.19 < 3 |
| Current Ratio: 0.51 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.29b) vs 12m ago -0.16% < -2% |
| Gross Margin: 22.73% > 18% (prev 37.56%; Δ -14.82% > 0.5%) |
| Asset Turnover: 5.97% > 50% (prev 4.62%; Δ 1.34% > 0%) |
| Interest Coverage Ratio: 15.17 > 6 (EBIT TTM 3.41b / Interest Expense TTM 225.0m) |
| A: -0.16 (Total Current Assets 48.7b - Total Current Liabilities 96.3b) / Total Assets 294b |
| B: 0.03 (Retained Earnings 9.59b / Total Assets 294b) |
| C: 0.01 (EBIT TTM 3.41b / Avg Total Assets 289b) |
| D: 0.05 (Book Value of Equity 13.6b / Total Liabilities 280b) |
| Altman-Z'' = -0.83 = CCC |
| DSRI: 3.0 (Receivables 23.1b/2.77b, Revenue 17.3b/13.2b) |
| GMI: 1.65 (GM 37.56% / 22.73%) |
| AQI: 1.02 (AQ_t 0.82 / AQ_t-1 0.80) |
| SGI: 1.31 (Revenue 17.3b / 13.2b) |
| TATA: -0.00 (NI 2.40b - CFO 2.74b) / TA 294b) |
| Beneish M = -0.56 (Cap -4..+1) = D |
As of October 09, 2026, the stock is trading at EUR 23.88 with a total of 4,126,910 shares traded. Over the past week, the price has changed by -2.65%, over one month by -9.51%, over three months by -13.76% and over the past year by +26.99%.
Current recommended Stop Loss: 22.00 (which is 7.9% or 2.9 ATR below the current price).
Poste Italiane has no consensus analysts rating.
P/E Trailing = 13.1892
P/E Forward = 10.0402
P/S = 2.1827
P/B = 2.8176
Revenue TTM = 17.3b EUR
EBIT TTM = 3.41b EUR
EBITDA TTM = 4.44b EUR
Long Term Debt = 4.91b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 91.7b EUR (from shortTermDebt, last quarter)
Debt = 102b EUR (from shortLongTermDebtTotal, last quarter) + Leases 1.28b
Net Debt = 76.3b EUR (calculated: Debt 102b - CCE 25.2b)
Enterprise Value = 108b EUR (31.5b + Debt 102b - CCE 25.2b)
Interest Coverage Ratio = 15.17 (Ebit TTM 3.41b / Interest Expense TTM 225.0m)
EV/FCF = 51.42x (Enterprise Value 108b / FCF TTM 2.10b)
FCF Yield = 1.94% (FCF TTM 2.10b / Enterprise Value 108b)
FCF Margin = 12.14% (FCF TTM 2.10b / Revenue TTM 17.3b)
Net Margin = 13.89% (Net Income TTM 2.40b / Revenue TTM 17.3b)
Gross Margin = 22.73% ((Revenue TTM 17.3b - Cost of Revenue TTM 13.3b) / Revenue TTM)
Gross Margin QoQ = 33.04% (prev 22.50%)
Tobins Q-Ratio = 0.37 (Enterprise Value 108b / Total Assets 294b)
Interest Expense / Debt = 0.22% (Interest Expense 225.0m / Debt 102b)
Taxrate = 30.05% (1.04b / 3.46b)
NOPAT = 2.39b (EBIT 3.41b * (1 - 30.05%))
Current Ratio = 0.51 (Total Current Assets 48.7b / Total Current Liabilities 96.3b)
Debt / Equity = 7.45 (Debt 102b / totalStockholderEquity, last quarter 13.6b)
Debt / EBITDA = 17.19 (Net Debt 76.3b / EBITDA 4.44b)
Debt / FCF = 36.39 (Net Debt 76.3b / FCF TTM 2.10b)
Total Stockholder Equity = 13.6b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.83% (Net Income 2.40b / Total Assets 294b)
RoE = 17.69% (Net Income TTM 2.40b / Total Stockholder Equity 13.6b)
RoCE = 18.49% (EBIT 3.41b / Capital Employed (Equity 13.6b + L.T.Debt 4.91b))
RoIC = 0.83% (NOPAT 2.39b / Invested Capital 288b)
WACC = 1.68% (E(31.5b)/V(133b) * Re(6.58%) + D(102b)/V(133b) * Rd(0.22%) * (1-Tc(0.30)))
Discount Rate = 6.58% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -39.95 | Cagr: -0.12%
[DCF] Terminal Value 73.10% ; FCFF base≈2.44b ; Y1≈2.14b ; Y5≈1.73b
[DCF] Fair Price = N/A (negative equity: EV 27.7b - Net Debt 76.3b = -48.6b; debt exceeds intrinsic value)
EPS Correlation: 84.17 | EPS CAGR: 15.49% | SUE: 0.31 | # QB: 0
Revenue Correlation: -29.63 | Revenue CAGR: -5.72% | SUE: 0.08 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.55 | Chg30d=N/A | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=1.91 | Chg30d=+1.27% | Revisions=+18% | GrowthEPS=+9.1% | GrowthRev=+4.9%
EPS next Year (2027-12-31): EPS=1.99 | Chg30d=+0.79% | Revisions=+18% | GrowthEPS=+3.9% | GrowthRev=+2.5%
[Analyst] Revisions Ratio: +21% (up=10, down=6)