Valtecne S.p.A.

Valtecne S.p.A.

MMIL:VLT
11.90
EUR
0.00
(0.00%)
50.10MMarket Cap
Mar 03Next Earn
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.06
2.97
3.82
5.06
5.05
5
- -
Basic EPS, GAAP
0.13
0.28
0.38
0.52
0.56
0.58
- -
Free Cash Flow per Basic Share
-0.05
-0.76
-0.12
0.36
0.71
0.3
- -
Dividend per Share
- -
- -
- -
- -
- -
0.1
- -
Book Value per Share
1.16
1.42
1.8
3.23
3.79
4.27
4.27
Tangible Book Value per Share
1.14
1.4
1.74
3.06
3.66
4.17
4.17
Basic Weighted Avg Shares
6
6
6
6
6
6
6
Sales/Revenue/Turnover
13
18
23
31
31
31
- -
Operating Margin (%)
8.71
11.92
14.63
15.05
15.56
16.07
- -
Depreciation Expense
1
1
1
1
2
2
- -
Net Income, GAAP
1
2
2
3
3
4
- -
Effective Tax Rate (%)
6.9
9.63
24
25.94
24.17
21.47
- -
Profit Margin (%)
6.33
9.26
9.86
10.3
11.07
11.63
- -
Working Capital
5
7
9
15
19
17
17
LT Debt
2
5
5
4
4
6
6
Total Equity
7
9
11
20
23
26
26
Return on Invested Capital (%)
- -
16.55
14.65
14.86
12.27
10.89
- -
Return on Capital (%)
- -
14.49
14.91
15.72
13.14
11.5
- -
Return on Common Equity (%)
- -
21.38
23.42
20.73
15.96
14.44
- -

Capital Structure

EUR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
1
- -
4
LT Borrowings
4
- -
6
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6
6
6
Market Capitalization
42
41
50

Working Capital

EUR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
30
- -
28
Cash, Cash Equivalents & STI
12
- -
11
Accounts Receivable, Net
6
- -
6
Inventories
9
- -
9
Total Current Liabilities
11
13
12
Payables & Accruals
- -
- -
- -
ST Debt
1
- -
4
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
31.75%
12.72%
Free Cash Flow
- -
167.14%
-57.01%
Net Income, GAAP
- -
39.55%
3.95%
Sales/Revenue/Turnover
- -
20.82%
-1.06%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
31
2024
- -
- -
31
2025
- -
- -
31

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.52
2024
- -
- -
0.56
2025
- -
- -
0.58

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
0.1

Company Description

CEO
Paolo Mainetti
Sector
Producer manufacturing
Industry
Metal fabrication
Address
Berbenno di Valtellina Italy
IPO Date
Mar 1, 2023
Business
Valtecne S.p.A. is an Italy-based manufacturing company specializing in high-precision mechanics and micro-mechanical components, primarily serving the medical device and industrial engineering sectors. Founded in 1983 and headquartered in Berbenno di Valtellina, Italy, the company operates through two core business divisions: Medical and Industrial. Within the Medical segment, Valtecne manufactures high-precision components for orthopedic implants and specialized surgical instrumentation, including; femoral stems, femoral heads, and acetabular cups for hip arthroplasty; tibial components, femoral components, and trial prostheses for knee replacement systems; spinal fixation devices, pedicle screws, and interbody cages; trauma fixation plates, intramedullary nails, and extremity screws; as well as custom surgical instruments, inserters, guides, and sterilization-ready tool kits. Within the Industrial segment, the company produces high-precision mechanical parts for power transmission, hydraulic and pneumatic assemblies, industrial automation, robotics, power generation, and automotive applications. Valtecne provides end-to-end contract manufacturing and specialized engineering services, including; multi-axis CNC milling and turning; wire and plunge electrical discharge machining (EDM); micro-machining; robotic polishing, sandblasting, laser marking, and passivation; ultrasonic washing and packaging in ISO Class 7 and Class 8 cleanrooms; design-for-manufacturing co-engineering and rapid prototyping; and precision coordinate measuring machine (CMM) quality testing under ISO 9001 and ISO 13485 medical certifications. The company operates modern production facilities in northern Italy, supplying major global original equipment manufacturers (OEMs) across Europe, North America, and other international markets. In recent corporate developments, Valtecne completed its initial public offering on the Euronext Growth Milan market of Borsa Italiana in February 2023 under the ticker symbol VLT to support long-term capital investments and international expansion. Following its public listing, the company has expanded its manufacturing footprint through the commissioning of additional production capacity in Berbenno di Valtellina dedicated to high-growth orthopedic lines, implemented automated robotic CNC machining cells to enhance manufacturing efficiency, and expanded cleanroom processing capabilities to meet rising volume requirements from multinational medical technology partners.