Fine Foods & Pharmaceuticals N.T.M. SpA

Fine Foods & Pharmaceuticals N.T.M. SpA

MMIL:FF
6.24
EUR
-0.20
(-3.11%)
-0.04EPS
197.00MMarket Cap
Nov 10Next Earn
Fine Foods & Pharmaceuticals N.T.M. SpA
MIL:FF
(Euronext Milan)

Recent

price

6.24

P/E

ratio

- -

div

yld

- -

ROIC.AI

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
EUR
- -
- -
13.67
7.04
7.42
8.14
8.09
10.01
9.56
10.23
10.65
Revenue per Share
-0.02
-0.02
0.85
-0.12
0.58
-0.06
-0.37
-0.14
0.32
0.41
-0.04
Basic EPS, GAAP
-0.1
-0.01
-9.14
-0.04
0.63
-0.91
-0.48
-0.01
0.44
-0.17
0.08
Free Cash Flow per Basic Share
- -
- -
- -
0.1
0.12
0.13
0.15
0.1
0.12
0.14
- -
Dividend per Share
9.98
9.96
13.69
5.68
6.2
6.07
5.43
5.18
5.39
5.6
5.11
Book Value per Share
9.9
9.92
13.59
5.62
6.13
5.32
4.71
4.65
4.86
5.04
4.49
Tangible Book Value per Share
10
10
10
23
23
24
26
25
25
25
23
Basic Weighted Avg Shares
- -
- -
139
160
172
195
207
252
244
252
248
Sales/Revenue/Turnover
- -
- -
6.85
6.36
3.57
4
0.31
2.91
6.32
6.83
3.75
Operating Margin (%)
- -
- -
8
9
12
13
15
17
16
18
20
Depreciation Expense
- -
- -
9
-3
13
-1
-10
-4
8
10
-1
Net Income, GAAP
- -
- -
16.73
2,528.72
19.9
- -
- -
- -
31.07
25.59
187
Effective Tax Rate (%)
- -
- -
6.23
-1.75
7.77
-0.73
-4.59
-1.4
3.35
4.01
-0.42
Profit Margin (%)
101
101
82
61
61
62
81
10
26
50
45
Working Capital
- -
- -
23
21
16
42
80
11
36
74
103
LT Debt
102
102
140
131
141
147
133
127
132
134
116
Total Equity
- -
- -
5.15
-99.79
2.41
- -
- -
- -
5.32
5.96
-1.64
Return on Invested Capital (%)
- -
- -
6.75
-8.88
8.47
- -
- -
- -
5.49
6.01
-1.62
Return on Capital (%)
- -
-0.18
7.2
-2.06
9.84
-0.99
-6.77
-2.71
6.3
7.58
-0.82
Return on Common Equity (%)

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
13
15
31
LT Borrowings
73
70
102
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
24
23
23
Market Capitalization
230
195
197

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
117
111
137
Cash, Cash Equivalents & STI
39
25
36
Accounts Receivable, Net
37
40
48
Inventories
35
38
44
Total Current Liabilities
67
71
92
Payables & Accruals
- -
- -
- -
ST Debt
13
15
31
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-0.83%
1.62%
Free Cash Flow
- -
-800.06%
-138.09%
Net Income, GAAP
- -
16.91%
23.8%
Sales/Revenue/Turnover
- -
8.28%
3.41%
Total Cash Common Dividend
- -
7.47%
16.67%

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
66
57
55
66
244
2025
63
66
62
61
252
2026
58
66
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.12
0.07
0.09
0.06
0.32
2025
0.16
0.19
0.09
-0.04
0.41
2026
0.04
-0.14
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.12
2025
- -
- -
- -
- -
0.14
2026
- -
- -
- -
- -
- -
Business
Fine Foods & Pharmaceuticals N.T.M. S.p.A. (FF.MI) operates as an independent Italian contract development and manufacturing organization (CSDMO) specializing in the production of solid oral forms for pharmaceuticals, nutraceuticals, cosmetics, medical devices and biocides; its core offerings encompass powders, soluble and effervescent granules, film-coated, effervescent, chewable and fast-melting tablets, hard gelatine capsules and sachets, sticks, blisters, jars, tubes and bottles across therapeutic areas including probiotics, multivitamins, minerals, immune support, sleep aids, gastrointestinal, circulatory, osteoarticular, urinary, women's health, beauty, healthy ageing and mental wellbeing, with specific active pharmaceutical ingredients such as paracetamol, ibuprofen, diclofenac, pantoprazole, nebivolol hydrochloride, folic acid, chondroitin sulfate and over 80 others; nutraceuticals represent the largest segment at approximately 58% of revenues, followed by pharmaceuticals at 31% and cosmetics at 11%, serving pharmaceutical, nutraceutical and cosmetic industries with branded and third-party products including innovative lines like Biotic3 postbiotic-probiotic-prebiotic combinations and Fizzy & Fast dissolvable tablets. Founded in 1984 and headquartered in Verdellino (Bergamo), Italy, the company employs around 779 people and maintains manufacturing facilities exceeding 14,200 square meters in the pharmaceutical segment alone, with over 100 production lines supporting operations in Italy, Germany, France, the United Kingdom, Spain, Greece and other international markets where roughly 50% of sales originate abroad. Recent developments include the June 2025 completion of a €30 million loan from Intesa Sanpaolo to expand the Brembate pharmaceutical plant, set for operational readiness by year-end 2025 with production starting in 2026 and a new mandatory third shift to address saturated capacity and new orders; a July 2025 rebranding of Euro Cosmetic to Fine Cosmetics under new leadership with managers Orietta Riccaboni, Paolo Colosio and Benedetta Suardi; an August 2024 preliminary agreement to acquire 21,000 square meters of land adjacent to the Zingonia-Verdellino nutraceutical facility for €4 million to boost nutra capacity with investments planned for 2025 and initial revenues in early 2026; the May 2025 unveiling of a new brand identity; the appointment of Pietro Oriani as CEO in 2024 with former CEO Giorgio Ferraris providing a three-year consultancy for transition; a third consecutive EcoVadis Platinum ESG rating in March 2025; the 2021 acquisitions of Pharmatek PMC and Euro Cosmetics to enter medical devices, biocides and cosmetics; and a transition from AIM Italia to Euronext STAR Milan in July 2021, alongside over €100 million in investments over five years driving an 11% average annual revenue growth rate over the past decade.