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.
Enertronica Santerno S.p.A. is an Italian company specializing in the design and production of electronic systems for power conversion and energy efficiency. Its primary focus is on developing advanced solutions aimed at renewable energy systems, particularly in the sectors of solar power, wind energy, and industrial automation. Enertronica Santerno offers a variety of products, including inverters for photovoltaic plants, motor drives, and power electronics for industrial applications. The company plays a vital role in promoting sustainable energy practices by providing technology that enhances the efficiency and reliability of renewable energy systems. With its emphasis on innovation and excellence, Enertronica Santerno contributes significantly to the global shift towards sustainable energy sources, positively impacting sectors like utilities, manufacturing, and infrastructure. Operating from its home base in Italy, it also engages in international markets, leveraging its technology to support energy transition efforts worldwide.
The business is unprofitable at the operating level (-6.53% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue grew 11.4%, still solid. Margins contracted 6.9pp, which offsets some of the top-line progress.
ROIC dropped from 0.31% to -5.42%, capital efficiency is deteriorating. Negative free cash flow of -€6M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
€36M
▲ +11.4% YoY
Net Income (TTM)
-€16M
▼ -540.1% YoY
Op. Margin
-6.53%
▼ -6.9pp YoY
ROIC
-5.42%
▼ -5.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-€6M
▲ +34.6% YoY
Op. Cash Flow (TTM)
€189K
▲ +111.7% YoY
Net Debt
€31M
Cash & Equiv.
€4M
3Y CAGR: +0.5%
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