(TGYM) Technogym SpA - Overview
Exchange: MI •
Country: Italy •
Currency: EUR •
Type: Common Stock •
ISIN: IT0005162406
Stock: Fitness Machines, Strength Equipment, Accessories, Digital App
Total Rating 69
Risk 78
Buy Signal -0.39
| Risk 5d forecast | |
|---|---|
| Volatility | 23.7% |
| Relative Tail Risk | -6.07% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.75 |
| Alpha | 47.12 |
| Character TTM | |
|---|---|
| Beta | 0.624 |
| Beta Downside | 0.768 |
| Drawdowns 3y | |
|---|---|
| Max DD | 25.62% |
| CAGR/Max DD | 1.26 |
Description: TGYM Technogym SpA March 04, 2026
Technogym S.p.A. designs, manufactures, and sells fitness equipment globally. The company operates in the fitness equipment manufacturing sector, which is projected to grow due to increasing health consciousness.
Its product portfolio includes treadmills, ellipticals, bikes, and strength training equipment. Technogym also provides fitness accessories and a proprietary app, reflecting the industry trend towards integrated digital and physical fitness solutions.
Technogym distributes products to fitness clubs, hospitality, residential, and home consumers through various sales channels. This multi-channel approach is common for companies targeting both B2B and B2C segments in the consumer durables market.
To gain a deeper understanding of Technogyms market position, further research on ValueRay could be beneficial.
Headlines to watch out for
- Global fitness equipment demand impacts sales
- Hospitality and residential segment growth drives revenue
- Supply chain costs affect manufacturing margins
- Eurozone economic health influences consumer spending
- Competition from budget fitness brands pressures pricing
Piotroski VR‑10 (Strict, 0-10) 7.5
| Net Income: 173.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA -3.34 > 1.0 |
| NWC/Revenue: 2.66% < 20% (prev 15.69%; Δ -13.03% < -1%) |
| CFO/TA 0.47 > 3% & CFO 361.3m > Net Income 173.0m |
| Net Debt (-124.9m) to EBITDA (79.8m): -1.57 < 3 |
| Current Ratio: 1.12 > 1.5 & < 3 |
| Outstanding Shares: last quarter (199.2m) vs 12m ago -1.08% < -2% |
| Gross Margin: 33.33% > 18% (prev 0.35%; Δ 3.30k% > 0.5%) |
| Asset Turnover: 234.9% > 50% (prev 100.5%; Δ 134.4% > 0%) |
| Interest Coverage Ratio: 6.77 > 6 (EBITDA TTM 79.8m / Interest Expense TTM 8.36m) |
Altman Z'' 2.57
| A: 0.06 (Total Current Assets 449.0m - Total Current Liabilities 401.2m) / Total Assets 768.6m |
| B: 0.34 (Retained Earnings 260.6m / Total Assets 768.6m) |
| C: 0.07 (EBIT TTM 56.6m / Avg Total Assets 764.4m) |
| D: 0.53 (Book Value of Equity 270.7m / Total Liabilities 509.7m) |
| Altman-Z'' Score: 2.57 = A |
Beneish M -2.89
| DSRI: 0.37 (Receivables 98.8m/113.4m, Revenue 1.80b/763.9m) |
| GMI: 1.04 (GM 33.33% / 34.81%) |
| AQI: 0.83 (AQ_t 0.18 / AQ_t-1 0.21) |
| SGI: 2.35 (Revenue 1.80b / 763.9m) |
| TATA: -0.24 (NI 173.0m - CFO 361.3m) / TA 768.6m) |
| Beneish M-Score: -2.89 (Cap -4..+1) = A |
What is the price of TGYM shares?
As of March 21, 2026, the stock is trading at EUR 17.23 with a total of 668,759 shares traded.
Over the past week, the price has changed by +2.38%, over one month by -5.38%, over three months by +4.61% and over the past year by +58.66%.
Over the past week, the price has changed by +2.38%, over one month by -5.38%, over three months by +4.61% and over the past year by +58.66%.
Is TGYM a buy, sell or hold?
Technogym SpA has no consensus analysts rating.
What are the forecasts/targets for the TGYM price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 16.9 | -1.9% |
| Analysts Target Price | - | - |
TGYM Fundamental Data Overview March 20, 2026
Market Cap USD = 3.91b (3.41b EUR * 1.1464 EUR.USD)
P/E Trailing = 34.9184
P/E Forward = 19.4932
P/S = 3.5571
P/B = 12.8968
Revenue TTM = 1.80b EUR
EBIT TTM = 56.6m EUR
EBITDA TTM = 79.8m EUR
Long Term Debt = 2.66m EUR (from longTermDebt, last quarter)
Short Term Debt = 31.0m EUR (from shortTermDebt, last quarter)
Debt = 33.6m EUR (Calculated: Short Term 31.0m + Long Term 2.66m)
Net Debt = -124.9m EUR (calculated as Total Debt 33.6m - CCE 158.5m)
Enterprise Value = 3.28b EUR (3.41b + Debt 33.6m - CCE 158.5m)
Interest Coverage Ratio = 6.77 (Ebit TTM 56.6m / Interest Expense TTM 8.36m)
EV/FCF = 47.98x (Enterprise Value 3.28b / FCF TTM 68.4m)
FCF Yield = 2.08% (FCF TTM 68.4m / Enterprise Value 3.28b)
FCF Margin = 3.81% (FCF TTM 68.4m / Revenue TTM 1.80b)
Net Margin = 9.64% (Net Income TTM 173.0m / Revenue TTM 1.80b)
Gross Margin = 33.33% ((Revenue TTM 1.80b - Cost of Revenue TTM 1.20b) / Revenue TTM)
Gross Margin QoQ = 46.11% (prev 45.19%)
Tobins Q-Ratio = 4.27 (Enterprise Value 3.28b / Total Assets 768.6m)
Interest Expense / Debt = 0.09% (Interest Expense 31.0k / Debt 33.6m)
Taxrate = 25.20% (13.9m / 55.3m)
NOPAT = 42.3m (EBIT 56.6m * (1 - 25.20%))
Current Ratio = 1.12 (Total Current Assets 449.0m / Total Current Liabilities 401.2m)
Debt / Equity = 0.13 (Debt 33.6m / totalStockholderEquity, last quarter 258.8m)
Debt / EBITDA = -1.57 (Net Debt -124.9m / EBITDA 79.8m)
Debt / FCF = -1.83 (Net Debt -124.9m / FCF TTM 68.4m)
Total Stockholder Equity = 329.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 22.64% (Net Income 173.0m / Total Assets 768.6m)
RoE = 52.59% (Net Income TTM 173.0m / Total Stockholder Equity 329.0m)
RoCE = 17.06% (EBIT 56.6m / Capital Employed (Equity 329.0m + L.T.Debt 2.66m))
RoIC = 11.89% (NOPAT 42.3m / Invested Capital 355.9m)
WACC = 8.13% (E(3.41b)/V(3.44b) * Re(8.21%) + D(33.6m)/V(3.44b) * Rd(0.09%) * (1-Tc(0.25)))
Discount Rate = 8.21% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -81.65 | Cagr: -0.42%
[DCF] Terminal Value 73.28% ; FCFF base≈78.3m ; Y1≈60.9m ; Y5≈39.0m
[DCF] Fair Price = 4.18 (EV 708.3m - Net Debt -124.9m = Equity 833.2m / Shares 199.2m; r=8.13% [WACC]; 5y FCF grow -26.45% → 2.90% )
Revenue Correlation: 92.97 | Revenue CAGR: 28.96% | SUE: 1.16 | # QB: 1
EPS next Year (2026-12-31): EPS=0.62 | Chg7d=+0.000 | Chg30d=+0.000 | Revisions Net=+2 | Growth EPS=+13.7% | Growth Revenue=+8.4%
P/E Trailing = 34.9184
P/E Forward = 19.4932
P/S = 3.5571
P/B = 12.8968
Revenue TTM = 1.80b EUR
EBIT TTM = 56.6m EUR
EBITDA TTM = 79.8m EUR
Long Term Debt = 2.66m EUR (from longTermDebt, last quarter)
Short Term Debt = 31.0m EUR (from shortTermDebt, last quarter)
Debt = 33.6m EUR (Calculated: Short Term 31.0m + Long Term 2.66m)
Net Debt = -124.9m EUR (calculated as Total Debt 33.6m - CCE 158.5m)
Enterprise Value = 3.28b EUR (3.41b + Debt 33.6m - CCE 158.5m)
Interest Coverage Ratio = 6.77 (Ebit TTM 56.6m / Interest Expense TTM 8.36m)
EV/FCF = 47.98x (Enterprise Value 3.28b / FCF TTM 68.4m)
FCF Yield = 2.08% (FCF TTM 68.4m / Enterprise Value 3.28b)
FCF Margin = 3.81% (FCF TTM 68.4m / Revenue TTM 1.80b)
Net Margin = 9.64% (Net Income TTM 173.0m / Revenue TTM 1.80b)
Gross Margin = 33.33% ((Revenue TTM 1.80b - Cost of Revenue TTM 1.20b) / Revenue TTM)
Gross Margin QoQ = 46.11% (prev 45.19%)
Tobins Q-Ratio = 4.27 (Enterprise Value 3.28b / Total Assets 768.6m)
Interest Expense / Debt = 0.09% (Interest Expense 31.0k / Debt 33.6m)
Taxrate = 25.20% (13.9m / 55.3m)
NOPAT = 42.3m (EBIT 56.6m * (1 - 25.20%))
Current Ratio = 1.12 (Total Current Assets 449.0m / Total Current Liabilities 401.2m)
Debt / Equity = 0.13 (Debt 33.6m / totalStockholderEquity, last quarter 258.8m)
Debt / EBITDA = -1.57 (Net Debt -124.9m / EBITDA 79.8m)
Debt / FCF = -1.83 (Net Debt -124.9m / FCF TTM 68.4m)
Total Stockholder Equity = 329.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 22.64% (Net Income 173.0m / Total Assets 768.6m)
RoE = 52.59% (Net Income TTM 173.0m / Total Stockholder Equity 329.0m)
RoCE = 17.06% (EBIT 56.6m / Capital Employed (Equity 329.0m + L.T.Debt 2.66m))
RoIC = 11.89% (NOPAT 42.3m / Invested Capital 355.9m)
WACC = 8.13% (E(3.41b)/V(3.44b) * Re(8.21%) + D(33.6m)/V(3.44b) * Rd(0.09%) * (1-Tc(0.25)))
Discount Rate = 8.21% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -81.65 | Cagr: -0.42%
[DCF] Terminal Value 73.28% ; FCFF base≈78.3m ; Y1≈60.9m ; Y5≈39.0m
[DCF] Fair Price = 4.18 (EV 708.3m - Net Debt -124.9m = Equity 833.2m / Shares 199.2m; r=8.13% [WACC]; 5y FCF grow -26.45% → 2.90% )
Revenue Correlation: 92.97 | Revenue CAGR: 28.96% | SUE: 1.16 | # QB: 1
EPS next Year (2026-12-31): EPS=0.62 | Chg7d=+0.000 | Chg30d=+0.000 | Revisions Net=+2 | Growth EPS=+13.7% | Growth Revenue=+8.4%