- Poste Italiane plans to target EU6.5B in dividends over the period of 2024-2028.
- The company forecasts an Ebit of EU2.7 billion and revenue of EU12 billion in 2024.
- It estimates a net income of EU1.9 billion in 2024.
- By 2026, Poste Italiane expects to generate a revenue of EU12.7 billion, an Ebit of EU2.9 billion, and a net income of EU2 billion.
- In 2028, the revenue, Ebit, and net income are projected to rise to EU13.5 billion, EU3.2 billion, and EU2.3 billion respectively.
- Poste Italiane has confirmed its 2023 preliminary results.
- The company aims to maintain a minimum 65% payout ratio in its 2024-2028 plan.
- It is targeting a compound annual growth rate (CAGR) of approximately 3% for group revenue over 2023-2028, with positive contributions expected from all business segments.
- It also targets around 4% CAGR for group Ebit over 2023-2028, with all business units contributing more than the cost increase.
- Poste Italiane anticipates customers’ total financial assets to increase to EU624 billion in 2028, up from EU581 billion in 2023.
- The company plans a group funded capex of about EU5 billion over 2024-2028.
- It predicts the 2028 Mail, Parcel & Distribution net financial position to be negative EU800 million, compared to negative EU2.8 billion in 2023, indicating improving underlying cash generation.
- Poste Italiane expects to offer a dividend not less than EU1 per share from 2026 onwards.
- The company’s current status is 11 buys, 4 holds, 1 sell.
A look at Poste Italiane Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Poste Italiane, a well-known Italian company that provides insurance, financial, and postal services, has received high scores in the Smartkarma Smart Scores. The higher the score, the better the company is expected to perform in that particular aspect. With a score of 5 in Dividend and 4 in Growth and Momentum, Poste Italiane seems to have a positive long-term outlook. This indicates that the company is likely to continue paying out dividends to its shareholders and experience steady growth in the future. It also suggests that the company has a good track record of performing well in terms of momentum, which refers to its ability to maintain its upward trend in the stock market.
However, it should be noted that Poste Italiane received a score of 3 in Value and 2 in Resilience. This means that the company may not be undervalued in the market and may not be as resilient as other companies in the same industry. The Value score also suggests that the company’s stock may not be a bargain and may not have a significant margin of safety for investors. Despite these lower scores, the overall outlook for Poste Italiane is positive, with a good balance of high scores in Dividend, Growth, and Momentum, making it a promising investment option for the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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