1. Italy Stocks

  2. •

    Consumer Cyclical

  3. •

    Auto - Manufacturers
Piaggio & C. S.p.A.

Piaggio & C. S.p.A.

PIA.MI
Piaggio & C. S.p.A.IT flagItalian Stock Exchange
1.78
EUR
+0.06
- -
627.80MMarket Cap
Piaggio & C. S.p.A.
PIA.MI
(Italian Stock Exchange)

Recent

price

1.78

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
3.91
4.08
3.87
3.37
3.36
3.59
3.66
3.75
3.88
4.26
3.68
4.67
5.87
5.6
4.81
4.24
4.18
Revenue per Share
0.11
0.12
0.12
-0.02
0.04
0.03
0.04
0.06
0.1
0.13
0.09
0.17
0.24
0.26
0.19
0.1
0.09
Basic EPS, GAAP
0.07
0.08
-0.01
-0.14
-0.08
0.07
0.08
0.18
0.09
0.21
0.15
0.2
0.25
0.06
-0.11
-0.02
0.09
Free Cash Flow per Basic Share
0.07
0.07
0.08
0.09
- -
0.07
0.05
0.05
0.06
0.15
0.09
0.11
0.15
0.23
0.2
0.08
0.04
Dividend per Share
0.53
0.54
- -
- -
- -
- -
- -
- -
0.58
0.58
0.63
0.66
0.74
0.72
0.66
0.64
0.6
Book Value per Share
-0.55
-0.55
-0.61
-0.73
-0.71
-0.75
-0.77
-0.74
-0.75
-0.82
-0.91
-0.89
-0.88
-0.95
-1.06
-1.08
-1.04
Tangible Book Value per Share
380
372
363
360
361
361
359
358
358
357
357
357
356
354
354
354
352
Basic Weighted Avg Shares
1,485
1,516
1,406
1,213
1,213
1,295
1,313
1,342
1,390
1,521
1,314
1,669
2,087
1,985
1,701
1,502
1,473
Sales/Revenue/Turnover
7.48
6.55
6.92
5.51
5.46
4.26
4.4
4.65
5.79
7.04
5.72
6.93
7.82
9
8.58
6.49
6.26
Operating Margin (%)
86
95
80
83
89
105
108
116
106
119
114
127
137
143
139
150
150
Depreciation Expense
43
46
42
-7
16
12
14
20
36
47
31
60
85
91
67
34
31
Net Income, GAAP
48.89
41.12
38
121.57
39.41
40.97
44.95
50.11
46.83
42.06
37.56
35.89
33.27
32.72
30.95
34.04
35.43
Effective Tax Rate (%)
2.88
3.05
2.99
-0.54
1.32
0.92
1.07
1.49
2.6
3.07
2.38
3.6
4.07
4.59
3.95
2.26
2.07
Profit Margin (%)
-40
-135
-160
-136
-85
-109
-100
-145
-79
-156
-191
-127
-159
-220
-212
-224
-192
Working Capital
- -
318
364
426
489
497
535
446
512
484
484
547
529
487
540
525
538
LT Debt
443
446
440
392
413
404
394
385
392
384
372
404
418
416
418
396
405
Total Equity
10.95
8.26
6.39
-1.53
4.08
3.2
2.99
2.98
4.26
6.03
4.54
7.05
10.47
11.81
9.61
5.97
5
Return on Invested Capital (%)
15.82
13.99
10.42
-2.73
7.15
5.45
5.04
5.6
7.43
7.42
5.45
8.48
11.61
13.71
11.25
7.03
6.2
Return on Capital (%)
13.71
22.83
41.55
- -
- -
- -
- -
- -
34.75
22.52
14.46
25.94
33.98
35.25
27.52
14.73
14.24
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
141
173
257
LT Borrowings
534
514
525
LT Finance Leases
12
11
13
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
352
352
352
Market Capitalization
684
635
539

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
631
525
713
Cash, Cash Equivalents & STI
160
121
199
Accounts Receivable, Net
97
75
102
Inventories
310
273
352
Total Current Liabilities
819
750
904
Payables & Accruals
- -
- -
- -
ST Debt
141
173
257
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.13%
1.38%
-5.22%
Free Cash Flow
-19.59%
-73.63%
-78.97%
Net Income, GAAP
20.25%
12.95%
-49.41%
Sales/Revenue/Turnover
2.42%
4.24%
-11.72%
Total Cash Common Dividend
- -
6.43%
-59.16%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
428
562
367
344
1,701
2025
371
482
352
298
1,502
2026
342
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
- -
- -
- -
0.19
2025
0.02
- -
- -
- -
0.1
2026
0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.2
2025
- -
- -
- -
- -
0.08
2026
- -
- -
- -
- -
- -
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Business
Piaggio & C. S.p.A. manufactures and markets two-wheeled vehicles including scooters, mopeds and motorcycles; compact commercial vehicles such as three-wheelers and light trucks; and advanced robotics solutions, operating under brands including Piaggio, Vespa, Aprilia, Moto Guzzi and Derbi. The company, founded in 1884 and headquartered in Pontedera, Italy, maintains leading positions in the European scooter market with over 17% share and in North American scooters with around 34% share, while serving customers worldwide through subsidiaries and distributors in more than 100 countries across Europe, Asia, the Americas and other regions. Core offerings encompass the Vespa Primavera and Sprint models with new dual disk brakes and keyless systems; Piaggio Liberty, Medley and Beverly high-wheel scooters; Aprilia RS, Tuareg and Tuono motorcycles with 457cc and 660cc engines; Moto Guzzi V7, V100 Mandello and Stelvio models equipped with advanced rider assistance sensors; Piaggio Porter minivans and three-wheelers; plus spares, accessories and electric mobility products compliant with EURO 5+ standards. In recent developments, the group launched the Aprilia SR GT 400 adventure scooter, special Vespa editions for its 2026 eightieth anniversary, a Piaggio Beverly 25th anniversary version and new Moto Guzzi and Aprilia liveries at EICMA 2025; established a new subsidiary in the Philippines on 15 October 2025 to import and sell two-wheelers and explore commercial vehicles; achieved Aprilia's 300th MotoGP victory on 19 October 2025 at Phillip Island; opened the Vespa The Empty Space concept store in September 2025; and reported first-nine-months 2025 net sales of 1,204.4 million euro with investments exceeding 100 million euro in production facilities, new engines and robotics including Piaggio Fast Forward's gita, gitamini and kilo autonomous drones.