BasicNet S.p.A.
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BasicNet S.p.A. Financial Snapshot
Operating Performance
Fast Facts
The company reported revenue of US$224.49 million
Headquarters Address Largo Maurizio Vitale, 1, Torino, 10152,Italy
during the fiscal year 2010 (2010). The company's
revenue grew at a CAGR of 13.80% during 2006–
Telephone + 39 011 26171
2010, with an annual growth of 1.25% over 2009. In
2010, the company recorded an operating margin of
Fax + 39 011 2617595 9.90%, as against 15.77% in 2009.
Website www.basicnet.com
Revenue and Margins
Ticker Symbol, Stock Exchange BAN, Italian SE (Mercato Continuo Italia)
Number of Employees 460
Fiscal Year End December
Revenue (in US$ million) 224.49
Revenue (in EUR million) 168.37
Return on Equity
The company recorded a return on equity (ROE) of
10.60% for 2010, as compared to its peers, Xtep
International Holdings Limited. (Ticker: 1368), Marisol
SA (Ticker: MRSL4) and Aeffe S.p.A. (Ticker: AEF),
which recorded ROEs of 24.27%, 6.48% and -9.63%
respectively. The company reported an operating
margin of 9.90% in 2010.
Return on Equity
Liquidity Position
The company reported a current ratio of 1.24 in 2010,
as compared to its peers, Xtep International Holdings
Limited., Marisol SA and Aeffe S.p.A., which recorded
current ratios of 4.46, 2.28 and 0.91 respectively. As
of December 2010, the company recorded cash and
short-term investments of worth US$3.63 million,
against US$5.31 million current debt. The company
reported a debt to equity ratio of 1.02 in 2010 as
compared to its peers, Xtep International Holdings
Limited., Marisol SA and Aeffe S.p.A., which recorded
debt to equity ratios of 0.00, 0.31 and 0.77
respectively.
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BasicNet S.p.A. - Company Capsule Page 1
BasicNet S.p.A.
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TABLE OF CONTENTS
1 Business Analysis ................................................................................................................................... 5
1.1 Company Overview ................................................................................................................................................5
1.2 Major Products and Services .................................................................................................................................5
2 Analysis of Key Performance Indicators ............................................................................................... 6
2.1 Five Year Snapshot: Overview of Financial and Operational Performance Indicators ..........................................6
2.2 Key Financial Performance Indicators ...................................................................................................................9
2.2.1 Revenue and Operating Profit ...........................................................................................................................9
2.2.2 Asset, Liabilities and Capex .............................................................................................................................10
2.2.3 Net Debt vs. Gearing Ratio ..............................................................................................................................11
2.2.4 Operational Efficiency ......................................................................................................................................12
2.2.5 Solvency ..........................................................................................................................................................13
2.2.6 Valuation ..........................................................................................................................................................14
2.3 Competitive Benchmarking ..................................................................................................................................15
2.3.1 Market Capitalization .......................................................................................................................................15
2.3.2 Efficiency ..........................................................................................................................................................16
2.3.3 Turnover – Inventory and Asset .......................................................................................................................17
3 Mergers & Acq