Financial Ratios Pasquarelli Auto S.p.A.

Equities

PSQ

IT0005546319

Auto Vehicles, Parts & Service Retailers

Market Closed - Borsa Italiana Other stock markets 09:14:59 13/09/2024 pm IST			5-day change	1st Jan Change
1.015 ^EUR	+1.70%		+4.64%	-4.25%

10/09	ITALY GROWTH WINNERS & LOSERS: Pasquarelli Auto rises; 4AIM hurt.	AN
21/08	ITALY GROWTH WINNERS & LOSERS: Good Copernico; goes down Pasquarelli Auto.	AN

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Published financial data: PASQUARELLI AUTO S.P.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023
Revenues	192M	203M	248M
Other Revenues, Total	434K	646K	378K
Total Revenues	192M	204M	248M
Cost of Goods Sold, Total	177M	185M	226M
Gross Profit	14.94M	18.4M	22.71M
Selling General & Admin Expenses, Total	6.94M	8.13M	12.12M
Depreciation & Amortization - (IS)	782K	919K	1.04M
Amortization of Goodwill and Intangible Assets - (IS)	657K	633K	964K
Other Operating Expenses	672K	577K	1.08M
Other Operating Expenses, Total	9.05M	10.26M	15.2M
Operating Income	5.88M	8.13M	7.51M
Interest Expense, Total	-395K	-429K	-1.37M
Net Interest Expenses	-395K	-429K	-1.37M
Other Non Operating Income (Expenses)	-23.47K	-12.7K	122K
EBT, Excl. Unusual Items	5.47M	7.69M	6.26M
EBT, Incl. Unusual Items	5.47M	7.69M	6.26M
Income Tax Expense	1.53M	2.19M	2.02M
Earnings From Continuing Operations	3.94M	5.5M	4.24M
Net Income to Company	3.94M	5.5M	4.24M
Net Income - (IS)	3.94M	5.5M	4.24M
Net Income to Common Incl Extra Items	3.94M	5.5M	4.24M
Net Income to Common Excl. Extra Items	3.94M	5.5M	4.24M
Per Share Items
Net EPS - Basic	-	5.21	0.17
Basic EPS - Continuing Operations	-	5.21	0.17
Basic Weighted Average Shares Outstanding	-	1.06M	24.83M
Net EPS - Diluted	-	5.21	0.17
Diluted EPS - Continuing Operations	-	5.21	0.17
Diluted Weighted Average Shares Outstanding	-	1.06M	24.83M
Normalized Basic EPS	-	4.55	0.16
Normalized Diluted EPS	-	4.55	0.16
Supplemental Items
EBITDA	7.32M	9.69M	9.51M
EBITA	6.54M	8.77M	8.47M
EBIT	5.88M	8.13M	7.51M
EBITDAR	9.14M	12.2M	12.96M
Total Revenues (As Reported)	192M	204M	248M
Effective Tax Rate - (Ratio)	27.92	28.51	32.23
Current Domestic Taxes	1.53M	2.19M	2.02M
Total Current Taxes	1.53M	2.19M	2.02M
Normalized Net Income	3.42M	4.81M	3.91M
Supplemental Operating Expense Items
Advertising Expense	654K	978K	1.44M
Selling and Marketing Expenses	654K	-	1.44M
Net Rental Expense, Total	1.81M	2.51M	3.45M
Imputed Operating Lease Interest Expense	-	468K	1.49M
Imputed Operating Lease Depreciation	-	2.05M	1.96M

Fiscal Period: December	2021	2022	2023
Assets
Cash And Equivalents	4.41M	2.71M	3.93M
Trading Asset Securities, Total	189K	369K	567K
Total Cash And Short Term Investments	4.6M	3.08M	4.5M
Accounts Receivable, Total	4.22M	6.41M	10.13M
Other Receivables	6.15M	7.86M	14.32M
Total Receivables	10.37M	14.27M	24.45M
Inventory	26.57M	38.83M	73.42M
Deferred Tax Assets Current	3.82K	-	-
Other Current Assets, Total	-	95.17K	398K
Total Current Assets	41.54M	56.28M	103M
Gross Property Plant And Equipment	17.36M	20.15M	21.66M
Accumulated Depreciation	-6.51M	-7.43M	-8.46M
Net Property Plant And Equipment	10.85M	12.72M	13.2M
Long-term Investments	-	324K	175K
Goodwill	45.22K	33.92K	22.61K
Other Intangibles, Total	1.01M	3.34M	5.02M
Deferred Charges Long-Term	-	-	670K
Other Long-Term Assets, Total	1.71M	1.18M	1.26M
Total Assets	55.16M	73.87M	123M
Liabilities
Accounts Payable, Total	19.18M	27.39M	55.52M
Accrued Expenses, Total	1.94M	2.02M	2.36M
Short-term Borrowings	3.89M	5.64M	10.98M
Current Portion of Long-Term Debt	6.36M	7.43M	13.27M
Current Income Taxes Payable	-	77.71K	77.71K
Other Current Liabilities	547K	1.18M	2.18M
Total Current Liabilities	31.92M	43.74M	84.4M
Long-Term Debt	5.99M	7.55M	6.08M
Unearned Revenue Non Current	548K	-	524K
Other Non Current Liabilities	1.77M	1.9M	2.12M
Total Liabilities	40.22M	53.18M	93.13M
Common Stock, Total	1.06M	1.06M	1.24M
Additional Paid In Capital	-	-	5.01M
Retained Earnings	9.9M	15.4M	19.64M
Comprehensive Income and Other	3.98M	4.24M	4.1M
Total Common Equity	14.93M	20.69M	29.99M
Total Equity	14.93M	20.69M	29.99M
Total Liabilities And Equity	55.16M	73.87M	123M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	-	1.06M	24.83M
ECS Total Common Shares Outstanding	-	1.06M	24.83M
Book Value / Share	-	19.59	1.21
Tangible Book Value	13.88M	17.32M	24.95M
Tangible Book Value Per Share	-	16.4	1
Total Debt	16.25M	20.62M	30.33M
Net Debt	11.64M	17.54M	25.83M
Debt Equivalent Oper. Leases	14.52M	20.11M	27.59M
Account Code - Inventory Valuation	-	8	8
Inventories - Finished Goods, Total	26.57M	38.83M	73.42M
Land - (BS)	10.98M	13.38M	13.72M
Machinery, Total	3.57M	3.91M	4.44M
Full Time Employees	-	146	260

Fiscal Period: December	2021	2022	2023
Net Income	3.94M	5.5M	4.24M
Depreciation & Amortization - CF	782K	919K	1.04M
Amortization of Goodwill and Intangible Assets - (CF)	657K	633K	964K
Depreciation & Amortization, Total	1.44M	1.55M	2M
Other Operating Activities, Total	1.04M	582K	242K
Change In Accounts Receivable	520K	-2.2M	-3.57M
Change In Inventories	5.34M	-12.26M	-34.59M
Change In Accounts Payable	-6.14M	8.11M	29.32M
Change in Other Net Operating Assets	2.41M	-1.53M	-6.3M
Cash from Operations	8.55M	-243K	-8.66M
Capital Expenditure	-1.7M	-3.01M	-1.52M
Sale of Property, Plant, and Equipment	7.03K	-	-
Sale (Purchase) of Intangible assets	-566K	-2.95M	-3.3M
Investment in Marketable and Equity Securities, Total	-268K	108K	-174K
Cash from Investing	-2.53M	-5.85M	-5M
Short Term Debt Issued, Total	-	2.1M	9.99M
Long-Term Debt Issued, Total	1.59M	3.7M	1.1M
Total Debt Issued	1.59M	5.8M	11.09M
Short Term Debt Repaid, Total	-3.25M	-	-
Long-Term Debt Repaid, Total	-1.6M	-1.41M	-1.42M
Total Debt Repaid	-4.84M	-1.41M	-1.42M
Issuance of Common Stock	-	-	5.2M
Cash from Financing	-3.25M	4.39M	14.88M
Net Change in Cash	2.77M	-1.71M	1.23M
Supplemental Items
Cash Income Tax Paid (Refund)	682K	2.01M	2.02M
Levered Free Cash Flow	-	-6.84M	-14.58M
Unlevered Free Cash Flow	-	-6.57M	-13.72M
Change In Net Working Capital	-	7.25M	15.59M
Net Debt Issued / Repaid	-3.25M	4.39M	9.68M

Fiscal Period: December	2021	2022	2023
Profitability
Return on Assets	-	7.88	4.76
Return on Total Capital	-	14.02	9.23
Return On Equity %	-	30.87	16.74
Return on Common Equity	-	30.87	16.74
Margin Analysis
Gross Profit Margin %	7.78	9.03	9.15
SG&A Margin	3.61	3.99	4.88
EBITDA Margin %	3.81	4.75	3.83
EBITA Margin %	3.41	4.3	3.41
EBIT Margin %	3.06	3.99	3.02
Income From Continuing Operations Margin %	2.05	2.7	1.71
Net Income Margin %	2.05	2.7	1.71
Net Avail. For Common Margin %	2.05	2.7	1.71
Normalized Net Income Margin	1.78	2.36	1.58
Levered Free Cash Flow Margin	-	-3.36	-5.87
Unlevered Free Cash Flow Margin	-	-3.23	-5.53
Asset Turnover
Asset Turnover	-	3.16	2.52
Fixed Assets Turnover	-	17.29	19.15
Receivables Turnover (Average Receivables)	-	38.21	29.96
Inventory Turnover (Average Inventory)	-	5.67	4.02
Short Term Liquidity
Current Ratio	1.3	1.29	1.22
Quick Ratio	0.47	0.4	0.34
Operating Cash Flow to Current Liabilities	0.27	-0.01	-0.1
Days Sales Outstanding (Average Receivables)	-	9.55	12.18
Days Outstanding Inventory (Average Inventory)	-	64.37	90.83
Average Days Payable Outstanding	-	42.99	58.17
Cash Conversion Cycle (Average Days)	-	30.93	44.84
Long Term Solvency
Total Debt/Equity	108.79	99.65	101.13
Total Debt / Total Capital	52.11	49.91	50.28
LT Debt/Equity	40.12	36.48	20.27
Long-Term Debt / Total Capital	19.22	18.27	10.08
Total Liabilities / Total Assets	72.93	71.99	75.64
EBIT / Interest Expense	14.89	18.98	5.47
EBITDA / Interest Expense	18.53	22.6	6.93
(EBITDA - Capex) / Interest Expense	14.23	15.59	5.82
Total Debt / EBITDA	2.22	2.13	3.19
Net Debt / EBITDA	1.59	1.81	2.72
Total Debt / (EBITDA - Capex)	2.89	3.09	3.8
Net Debt / (EBITDA - Capex)	2.07	2.63	3.23
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	6.1	21.8
Gross Profit, 1 Yr. Growth %	-	23.17	25.09
EBITDA, 1 Yr. Growth %	-	32.25	-1.82
EBITA, 1 Yr. Growth %	-	34	-3.35
EBIT, 1 Yr. Growth %	-	38.22	-7.68
Earnings From Cont. Operations, 1 Yr. Growth %	-	39.6	-22.87
Net Income, 1 Yr. Growth %	-	39.6	-22.87
Normalized Net Income, 1 Yr. Growth %	-	40.73	-18.64
Diluted EPS Before Extra, 1 Yr. Growth %	-	-	-96.72
Accounts Receivable, 1 Yr. Growth %	-	52.06	57.91
Inventory, 1 Yr. Growth %	-	46.14	89.07
Net Property, Plant and Equip., 1 Yr. Growth %	-	17.22	3.79
Total Assets, 1 Yr. Growth %	-	33.93	66.66
Tangible Book Value, 1 Yr. Growth %	-	24.77	44.07
Common Equity, 1 Yr. Growth %	-	38.55	44.96
Cash From Operations, 1 Yr. Growth %	-	-102.84	3.46K
Capital Expenditures, 1 Yr. Growth %	-	76.87	-49.47
Levered Free Cash Flow, 1 Yr. Growth %	-	-	113.03
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	108.67
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	13.68
Gross Profit, 2 Yr. CAGR %	-	-	23.3
EBITDA, 2 Yr. CAGR %	-	-	13.95
EBITA, 2 Yr. CAGR %	-	-	13.8
EBIT, 2 Yr. CAGR %	-	-	12.96
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	3.76
Net Income, 2 Yr. CAGR %	-	-	3.76
Normalized Net Income, 2 Yr. CAGR %	-	-	7.01
Accounts Receivable, 2 Yr. CAGR %	-	-	54.95
Inventory, 2 Yr. CAGR %	-	-	66.23
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	10.3
Total Assets, 2 Yr. CAGR %	-	-	49.4
Tangible Book Value, 2 Yr. CAGR %	-	-	34.07
Common Equity, 2 Yr. CAGR %	-	-	41.72
Cash From Operations, 2 Yr. CAGR %	-	-	0.59
Capital Expenditures, 2 Yr. CAGR %	-	-	-5.46