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.
Elica S.p.A. is an Italian industrial group specializing in the design, manufacture, and marketing of kitchen appliances, renowned as a global leader in kitchen extraction systems and hoods. Founded in 1970 by Ermanno Casoli in Fabriano, the company has evolved over 50 years into a comprehensive 'Cooking Company,' offering innovative products such as induction hobs, integrated extraction systems like NikolaTesla and Lhov, ovens, wine coolers, and aspiration hobs for both its own brands and major international OEMs. Through its Motors Business Unit, via subsidiary EMC FIME, it produces advanced electric motors for household appliances, boilers, HVAC, and emerging applications like hydrogen-compatible systems. With seven production sites across Italy, Poland, Mexico, China, and India, and subsidiaries in key markets including North America, Europe, and Asia-Pacific, Elica employs around 2,600 people. Listed on the Italian stock exchange since 2006, it emphasizes design thinking, technological innovation, energy efficiency, sustainability, and user-centered smart features, positioning it at the forefront of the premium kitchen segment and energy transition technologies.
Operating margin is thin at 1.08%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue growth slowed to 1.9%, essentially flat. This is a business that needs a catalyst.
Net debt of €69M represents 5.2x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
€461M
▲ +1.9% YoY
Net Income (TTM)
-€8M
▼ -189.4% YoY
Op. Margin
1.08%
▼ -0.6pp YoY
ROIC
1.60%
▼ -1.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€13M
▲ +65.0% YoY
Op. Cash Flow (TTM)
€22M
▲ +11.0% YoY
Net Debt
€69M
Cash & Equiv.
€59M
3Y CAGR: -5.7%
3Y CAGR: -12.2%
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