Rai Way S.p.A. Logo

Rai Way S.p.A.

RWAY.MI

(3.8)
Stock Price

5,14 EUR

21.4% ROA

49.27% ROE

16.07x PER

Market Cap.

1.430.436.853,00 EUR

93.18% DER

6.05% Yield

32.54% NPM

Rai Way S.p.A. Stock Analysis

Rai Way S.p.A. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Rai Way S.p.A. Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (47.9%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 DER

The stock has a low debt to equity ratio (26%), which means it has a small amount of debt compared to the ownership it holds

4 Revenue Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

5 Net Profit Growth

This company's net profit has consistently grown over the last five years, indicating a strong financial performance and making it an attractive investment opportunity.

6 Dividend Growth

The company's dividend growth has consistently increased every year in the last five years, indicating a strong track record of positive returns for investors.

7 Dividend

Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors.

8 Buffet Intrinsic Value

The company's stock seems undervalued (18) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

9 PBV

The stock's elevated P/BV ratio (9.16x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

10 Assets Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

11 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

Rai Way S.p.A. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Rai Way S.p.A. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Rai Way S.p.A. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Rai Way S.p.A. Revenue
Year Revenue Growth
2012 224.073.178
2013 218.360.701 -2.62%
2014 167.264.000 -30.55%
2015 212.306.000 21.22%
2016 215.216.000 1.35%
2017 216.196.000 0.45%
2018 217.727.000 0.7%
2019 221.388.000 1.65%
2020 224.463.000 1.37%
2021 229.937.000 2.38%
2022 245.446.000 6.32%
2023 272.930.236 10.07%
2023 270.183.665 -1.02%
2024 274.826.000 1.69%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Rai Way S.p.A. Research and Development Expenses
Year Research and Development Expenses Growth
2012 0
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Rai Way S.p.A. General and Administrative Expenses
Year General and Administrative Expenses Growth
2012 0
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Rai Way S.p.A. EBITDA
Year EBITDA Growth
2012 82.783.022
2013 85.739.995 3.45%
2014 66.397.252 -29.13%
2015 106.796.824 37.83%
2016 103.265.664 -3.42%
2017 114.898.761 10.12%
2018 117.034.610 1.82%
2019 132.469.699 11.65%
2020 134.116.259 1.23%
2021 141.621.965 5.3%
2022 150.980.054 6.2%
2023 191.438.516 21.13%
2023 170.618.340 -12.2%
2024 185.718.320 8.13%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Rai Way S.p.A. Gross Profit
Year Gross Profit Growth
2012 223.943.890
2013 217.422.551 -3%
2014 107.811.000 -101.67%
2015 158.547.000 32%
2016 160.953.000 1.49%
2017 163.908.000 1.8%
2018 166.446.000 1.52%
2019 178.033.000 6.51%
2020 183.876.000 3.18%
2021 190.222.000 3.34%
2022 194.978.000 2.44%
2023 233.281.024 16.42%
2023 157.142.355 -48.45%
2024 138.405.532 -13.54%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Rai Way S.p.A. Net Profit
Year Net Profit Growth
2012 3.329.696
2013 11.821.482 71.83%
2014 24.645.775 52.03%
2015 38.942.336 36.71%
2016 41.814.299 6.87%
2017 56.263.228 25.68%
2018 59.745.563 5.83%
2019 63.360.973 5.71%
2020 64.008.053 1.01%
2021 65.383.926 2.1%
2022 73.689.950 11.27%
2023 99.771.392 26.14%
2023 86.721.406 -15.05%
2024 93.432.820 7.18%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Rai Way S.p.A. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2012 0
2013 1 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Rai Way S.p.A. Free Cashflow
Year Free Cashflow Growth
2012 17.644.000
2013 77.726.000 77.3%
2014 -22.860.848 440%
2015 58.731.948 138.92%
2016 72.726.218 19.24%
2017 54.375.875 -33.75%
2018 78.026.182 30.31%
2019 76.148.743 -2.47%
2020 55.936.901 -36.13%
2021 33.404.403 -67.45%
2022 61.398.919 45.59%
2023 7.786.745 -688.51%
2023 86.964.636 91.05%
2024 32.506.223 -167.53%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Rai Way S.p.A. Operating Cashflow
Year Operating Cashflow Growth
2012 93.562.000
2013 100.775.000 7.16%
2014 -8.326.963 1310.23%
2015 88.854.225 109.37%
2016 92.218.106 3.65%
2017 70.648.313 -30.53%
2018 105.016.118 32.73%
2019 111.450.778 5.77%
2020 115.993.103 3.92%
2021 117.358.248 1.16%
2022 136.988.019 14.33%
2023 17.272.197 -693.11%
2023 144.363.674 88.04%
2024 42.503.205 -239.65%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Rai Way S.p.A. Capital Expenditure
Year Capital Expenditure Growth
2012 75.918.000
2013 23.049.000 -229.38%
2014 14.533.885 -58.59%
2015 30.122.277 51.75%
2016 19.491.888 -54.54%
2017 16.272.438 -19.78%
2018 26.989.936 39.71%
2019 35.302.035 23.55%
2020 60.056.202 41.22%
2021 83.953.845 28.47%
2022 75.589.100 -11.07%
2023 9.485.452 -696.9%
2023 57.399.038 83.47%
2024 9.996.982 -474.16%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Rai Way S.p.A. Equity
Year Equity Growth
2012 125.174.481
2013 136.995.961 8.63%
2014 153.790.400 10.92%
2015 159.262.097 3.44%
2016 161.534.486 1.41%
2017 176.390.102 8.42%
2018 180.821.960 2.45%
2019 184.196.731 1.83%
2020 164.810.524 -11.76%
2021 165.916.587 0.67%
2022 176.163.892 5.82%
2023 188.693.307 6.64%
2023 171.885.796 -9.78%
2024 149.700.180 -14.82%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Rai Way S.p.A. Assets
Year Assets Growth
2012 399.295.952
2013 331.321.020 -20.52%
2014 335.117.552 1.13%
2015 386.839.228 13.37%
2016 366.938.979 -5.42%
2017 336.704.751 -8.98%
2018 293.972.437 -14.54%
2019 343.331.019 14.38%
2020 326.645.324 -5.11%
2021 388.045.096 15.82%
2022 442.604.281 12.33%
2023 470.277.913 5.88%
2023 430.899.461 -9.14%
2024 439.984.409 2.06%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Rai Way S.p.A. Liabilities
Year Liabilities Growth
2012 274.121.471
2013 194.325.059 -41.06%
2014 181.327.152 -7.17%
2015 227.577.131 20.32%
2016 205.404.493 -10.79%
2017 160.314.649 -28.13%
2018 113.150.477 -41.68%
2019 159.134.288 28.9%
2020 161.834.800 1.67%
2021 222.128.509 27.14%
2022 266.440.389 16.63%
2023 281.584.606 5.38%
2023 259.013.665 -8.71%
2024 290.284.229 10.77%

Rai Way S.p.A. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
1.02
Net Income per Share
0.33
Price to Earning Ratio
16.07x
Price To Sales Ratio
5.23x
POCF Ratio
9.73
PFCF Ratio
15.96
Price to Book Ratio
9.56
EV to Sales
5.76
EV Over EBITDA
8.79
EV to Operating CashFlow
10.72
EV to FreeCashFlow
17.59
Earnings Yield
0.06
FreeCashFlow Yield
0.06
Market Cap
1,43 Bil.
Enterprise Value
1,58 Bil.
Graham Number
2.04
Graham NetNet
-0.84

Income Statement Metrics

Net Income per Share
0.33
Income Quality
1.49
ROE
0.49
Return On Assets
0.2
Return On Capital Employed
0.45
Net Income per EBT
0.71
EBT Per Ebit
0.96
Ebit per Revenue
0.48
Effective Tax Rate
0.29

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.57
Operating Profit Margin
0.48
Pretax Profit Margin
0.46
Net Profit Margin
0.33

Dividends

Dividend Yield
0.06
Dividend Yield %
6.05
Payout Ratio
0.97
Dividend Per Share
0.32

Operating Metrics

Operating Cashflow per Share
0.55
Free CashFlow per Share
0.33
Capex to Operating CashFlow
0.39
Capex to Revenue
0.21
Capex to Depreciation
1.18
Return on Invested Capital
0.32
Return on Tangible Assets
0.21
Days Sales Outstanding
99.39
Days Payables Outstanding
128.8
Days of Inventory on Hand
2.34
Receivables Turnover
3.67
Payables Turnover
2.83
Inventory Turnover
156.03
Capex per Share
0.21

Balance Sheet

Cash per Share
0,03
Book Value per Share
0,56
Tangible Book Value per Share
0.47
Shareholders Equity per Share
0.56
Interest Debt per Share
0.54
Debt to Equity
0.93
Debt to Assets
0.32
Net Debt to EBITDA
0.81
Current Ratio
0.59
Tangible Asset Value
0,13 Bil.
Net Current Asset Value
-0,20 Bil.
Invested Capital
287987680
Working Capital
-0,06 Bil.
Intangibles to Total Assets
0.05
Average Receivables
0,08 Bil.
Average Payables
0,04 Bil.
Average Inventory
755679
Debt to Market Cap
0.1

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Rai Way S.p.A. Dividends
Year Dividends Growth
2015 0
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2024 0 0%

Rai Way S.p.A. Profile

About Rai Way S.p.A.

Rai Way S.p.A. owns and manages television and radio transmission and broadcasting networks in Italy. The company provides terrestrial and satellite transmission of television and radio signals through the network infrastructure, as well as through radio links, satellite, and fiber optic networks. It also offers tower rental services, which include hosting of third party transmission and broadcasting equipment; management and maintenance services; and other complementary services. In addition, the company provides network services that include heterogeneous services; digital broadcasting networks; transmission networks and management systems; DTT, multimedia communications, and value added services; project management, organization, and processes; and maintenance of transmission network services. It primarily serves broadcasters, telecommunications operators, public administrations, and corporates. The company was incorporated in 1999 and is based in Rome, Italy. Rai Way S.p.A. is a subsidiary of Rai Radiotelevisione italiana S.p.A.

CEO
Mr. Roberto Cecatto
Employee
591
Address
Via Teulada 66
Rome, 00195

Rai Way S.p.A. Executives & BODs

Rai Way S.p.A. Executives & BODs
# Name Age
1 Umberto Babuscio
Chief Business Development Officer
70
2 Stefania Cinque
Chief Human Resources Officer
70
3 Mr. Luca Beltramino
Chief Datacenter Officer
70
4 Mr. Giancarlo Benucci
Chief Corporate Development Officer
70
5 Michele Frosi
Chief Technology Officer
70
6 Mr. Giorgio Cogliati
Chief Legal & Corporate Affairs and Board Secretary
70
7 Mr. Adalberto Pellegrino
Chief Financial Officer
70
8 Mr. Roberto Cecatto
Chief Executive Officer, GM & Director
70
9 Mr. Andrea Moretti
Head of Investor Relations
70
10 Pietro Grignani
Chief Executive Officer of Institutional Relations & External Communication and Chief Staff
70

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