Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Biesse S.p.A. is an Italy-based multinational company specializing in the design, manufacture, and distribution of integrated lines, machines, and components for processing wood, glass, stone, plastics, composites, advanced materials, and metal. Founded in 1969 and headquartered in Pesaro, it operates through two main segments: Machines and Systems, which produce equipment for wood, glass, stone, and advanced materials processing including grinders, tools, and after-sales services; and Mechatronics, focusing on industrial, mechanical, and electronic components under brands like HSD, Diamut, and Bavelloni. Biesse serves diverse industries such as furniture, home furnishing, construction, automotive, aerospace, shipbuilding, and nautical sectors, enhancing productivity with innovative automation, IoT platforms like SOPHIA, and smart manufacturing solutions. With around 4,000-4,400 employees across 12 industrial sites and a global network of subsidiaries, it emphasizes digital transformation, sustainability, and R&D investments to simplify production processes and enable material innovation worldwide. Listed on the Italian Stock Exchange since 2001, Biesse plays a pivotal role in modernizing industrial machinery markets.
The business is unprofitable at the operating level (-1.84% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 12.2% YoY. Margins deteriorated 3.0pp alongside, both lines moving the wrong way.
ROIC dropped from 0.90% to -2.26%, capital efficiency is deteriorating. Negative free cash flow of -€868K. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
€655M
▼ -12.2% YoY
Net Income (TTM)
-€23M
▼ -621.9% YoY
Op. Margin
-2.01%
▼ -3.0pp YoY
ROIC
-2.26%
▼ -3.2pp YoY
Cash Flow & Balance Sheet
FCF (FY)
-€868K
▲ +83.3% YoY
Op. Cash Flow (FY)
€17M
▼ -66.9% YoY
Net Debt
€24M
Cash & Equiv.
€132M
3Y CAGR: -3.7%
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