As of June 19, 2025, Rosetti Marino SpA's estimated intrinsic value ranges from $94.57 to $185.84 per share, depending on the valuation methodology applied.
| Valuation Method | Fair Value (USD) | Implied Upside/Downside |
|---|---|---|
| Discounted Cash Flow (10Y) | $185.84 | +78.7% |
| Discounted Cash Flow (5Y) | $143.40 | +37.9% |
| Dividend Discount Model (Multi-Stage) | $142.91 | +37.4% |
| Dividend Discount Model (Stable) | $94.57 | -9.1% |
| Earnings Power Value | $96.96 | -6.8% |
Is Rosetti Marino SpA (YRM.MI) undervalued or overvalued?
With the current market price at $104.00, the stock appears to be significantly undervalued.
Intrinsic value represents the "true" worth of a company based on its fundamentals rather than market sentiment. We've employed multiple methodologies to triangulate Rosetti Marino SpA's intrinsic value, including:
The cost of capital is a critical factor in valuation models, representing the required return for investors.
| WACC Component | Low | High |
|---|---|---|
| Long-term bond rate | 3.7% | 4.2% |
| Equity market risk premium | 8.3% | 9.3% |
| Adjusted beta | 0.71 | 0.75 |
| Cost of equity | 9.6% | 11.7% |
| Cost of debt | 5.0% | 5.0% |
| Tax rate | 17.3% | 19.8% |
| Debt/Equity ratio | 0.13 | 0.13 |
| After-tax WACC | 8.9% | 10.8% |
Our DCF model projects cash flows over 5-year and 10-year horizons, with the following key assumptions:
| DCF Model | Fair Value | Enterprise Value | % from Terminal Value |
|---|---|---|---|
| 5-Year Growth | $143 | $468M | 80.4% |
| 10-Year Growth | $186 | $637M | 63.3% |
| 5-Year EBITDA | $101 | $298M | 69.2% |
| 10-Year EBITDA | $132 | $421M | 44.4% |
The DDM values a company based on its expected future dividend payments. We used two approaches:
EPV assesses a company's value based on its current normalized earnings power, assuming no growth.
| EPV Component | Value |
|---|---|
| Normalized Earnings | $28M |
| Discount Rate (WACC) | 10.8% - 8.9% |
| Enterprise Value | $256M - $308M |
| Net Debt | $(106)M |
| Equity Value | $362M - $414M |
| Outstanding Shares | 4M |
| Fair Value | $90 - $103 |
| Selected Fair Value | $96.96 |
| Metric | Value |
|---|---|
| Market Capitalization | $416M |
| Enterprise Value | $310M |
| Trailing P/E | 13.96 |
| Forward P/E | 8.37 |
| Trailing EV/EBITDA | 4.20 |
| Current Dividend Yield | 89.62% |
| Dividend Growth Rate (5Y) | 18.92% |
| Debt-to-Equity Ratio | 0.13 |
To determine the most reliable intrinsic value estimate, we weigh each valuation method based on:
| Valuation Method | Weight | Weighted Value |
|---|---|---|
| Discounted Cash Flow (10Y) | 30% | $55.75 |
| Discounted Cash Flow (5Y) | 25% | $35.85 |
| Dividend Discount Model (Multi-Stage) | 20% | $28.58 |
| Dividend Discount Model (Stable) | 15% | $14.19 |
| Earnings Power Value | 10% | $9.70 |
| Weighted Average | 100% | $144.07 |
Based on our comprehensive valuation analysis, Rosetti Marino SpA's weighted average intrinsic value is $144.07, which is approximately 38.5% above the current market price of $104.00.
Key investment considerations:
Given these factors, we believe Rosetti Marino SpA is currently significantly undervalued with the potential for long-term appreciation based on the company's growth trajectory and financial strength.