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.
Technogym S.p.A. is an Italian company specializing in the design, manufacture, and distribution of premium fitness and wellness equipment. Founded in 1983 by Nerio Alessandri in Cesena, it pioneered the global wellness concept, emphasizing regular physical activity, balanced nutrition, and positive mindset as a holistic lifestyle. The company produces innovative strength training, cardiovascular machines, and connected home gym solutions, featuring digital integrations like MyWellness Cloud for personalized workouts accessible via apps across gyms, homes, hotels, and medical centers. Technogym S.p.A. equips over 55,000 wellness centers and 100,000 private homes worldwide, exporting 90% of its production to 100 countries through 14 branches in Europe, the US, Asia, the Middle East, Australia, and South America. It employs around 2,500 people and holds exclusive supplier status for nine Olympic Games, from Sydney 2000 to Paris 2024, while partnering with elite sports entities including Juventus FC, AC Milan, Ferrari F1, Rafael Nadal, and the PGA. Renowned for design excellence, it has won multiple Compasso d'Oro, Red Dot, and iF awards, solidifying its leadership in the recreational products industry.
€15.95
€0.73 (-4.41%)
EOD Jun 23, 2026 · Twelve Data
16.00% operating margin is respectable but not wide. ROIC at 26.58%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue up 13.1% YoY with margins expanding 2.6pp.
At 27x earnings, the current multiple leaves limited room for execution misses or growth deceleration.
27.5x earnings, 27.4x FCF. Not cheap, the quality is already reflected in the price. Upside from here requires either margin expansion or growth re-acceleration, not just continuation.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€1.02B
▲ +13.1% YoY
Net Income (TTM)
€116M
▲ +30.2% YoY
Op. Margin
16.00%
▲ +2.6pp YoY
ROIC
26.58%
▲ +8.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€116M
▲ +1.9% YoY
Op. Cash Flow (TTM)
€155M
▲ +16.8% YoY
Net Debt
-€157M
Net Cash Position
Cash & Equiv.
€215M
3Y CAGR: +12.2%
3Y CAGR: +14.5%
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