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.
F.I.L.A. - Fabbrica Italiana Lapis ed Affini S.p.A. is an Italian multinational company specializing in the production and marketing of art materials and creative tools. Founded in 1920 in Florence, it has grown into a global leader with 22 specialized factories worldwide, including two in Italy, and 32 direct branches across five continents, distributing products to over 150 countries. The company offers a comprehensive portfolio of 25 iconic brands, such as GIOTTO, DAS, LYRA, Canson, Maimeri, Daler-Rowney Lukas, Ticonderoga, Pacon, Strathmore, Princeton, and Arches, encompassing pencils, crayons, modelling clays, chalks, oil colors, acrylics, watercolors, paints, and paper products for fine arts, school, leisure, and crafts sectors. F.I.L.A. emphasizes vertical integration, sustainability, and craftsmanship, with a workforce of approximately 3,263 employees led by CEO Massimo Candela. Its parent company has been listed on the Italian Stock Exchange's Euronext STAR segment since 2015, underscoring its solid position in the international creativity tools market.
11.47% operating margin is respectable but not wide. ROIC at 4.38%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue declined 6.6% YoY. The question is whether this is cyclical or a structural shift.
Free cash flow declined 49% versus the prior year, cash generation momentum has weakened.
Profitability & Returns
Revenue (TTM)
€562M
▼ -6.6% YoY
Net Income (TTM)
€19M
▼ -79.5% YoY
Op. Margin
10.27%
▼ -0.6pp YoY
ROIC
4.38%
▼ -1.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€46M
▼ -49.2% YoY
Op. Cash Flow (TTM)
€80M
▼ -35.2% YoY
Net Debt
€189M
Cash & Equiv.
€113M
3Y CAGR: -9.2%
3Y CAGR: -12.8%
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