FinecoBank Banca Fineco S.p.A.

Factors to consider:

• Company pays dividends (annually): last record date 2025-05-20, amount 0.87$ (Y3.62%)
• Earnings for 9 months up through Q3 are close to our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2023-12-31 to 2025-12-30

• 2023-12-31 to 2024-12-30 estimated range: [11.76$, 15.30$]
• 2024-12-30 to 2025-12-30 estimated range: [12.06$, 15.91$]

Financial Metrics affecting the FCBBF estimates:

• Positive: with PPE of 9.3 at the end of fiscal year the price was very low
• Positive: Operating profit margin, % of 58.18 > 18.64
• Positive: Operating cash flow per share per price, % of 16.38 > 13.24
• Negative: Shareholder equity ratio, % of 6.59 <= 18.93
• Positive: Industry operating cash flow per share per price (median), % of 13.14 > 10.33
• Positive: Industry earnings per price (median), % of 8.44 > 4.43
• Negative: 0.79 < Interest expense per share per price, % of 1.36
• Positive: Inventory ratio change, % of 0 <= 0