Fairvalue-Calculator Fairvalue-Calculator
EN DE

Fiera Milano S.p.A (FM) Fair Value & Analysis

Industrials · IT · Market cap €620M

FM Fiera Milano S.p.A FM · MI
Price€8.33
Fair Value€14.79
Upside+77.6%
Quality94/100
Evidence: High Range €11.10 – €24.26

Fair value as of: Jun 24, 2026

From 24 valuation models · updated 5 days ago

Fair value updated Jun 24, 2026 — revised from €18.66 to €14.79 (−20.7%) since Jun 23, 2026. Share price −2.2% over the past month.

Price vs Fair Value (12 months)

€8.71 €5.55 Fair Value €14.79 Jun 2025 Jun 2026

12‑month range €5.55 – €8.71 · fair‑value band €11.10 – €24.26 · the €8.33 price screens below the €14.79 fair value. As of Jun 24, 2026.

✦ Which stocks are undervalued right now? Check free Discover now →

Analysis

Fiera Milano S.p.A (FM) currently trades at €8.33, while our model-based Fair Value estimate is €14.79 — implying the stock looks roughly 77.6% undervalued today. We read business quality at 94/100 (high quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Fiera Milano S.p.A generated revenue of €443M at a net margin of 18.3%. Revenue grew 98.4% year over year. It earns a return on equity of 45.7%. Net debt stands at €6.3M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) €443M
Revenue growth (YoY) +98.4%
Net margin 18.3%
Return on equity 45.7%
Free cash flow €148M FY2025
P/E ratio 7.6
More key figures
Operating margin 29.6%
EPS (TTM) €1.14
Dividend yield 3.0%
EPS growth (YoY) +841%
Net debt €6.3M FY2022

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Fiera Milano S.p.A., together with its subsidiaries, engages in hosting exhibitions, trade fairs, and other events in Italy and internationally. It operates through Italian Exhibitions Business, Foreign Exhibitions Business, Congresses, and Other sectors segments. The company is involved in hosting conferences and training courses; promoting and making available equipped exhibition spaces; staging of exhibitions; and the production of content. It also provides furnished exhibition spaces; stand-fitting, technical, and site services associated with exhibition and congress business; project support, ancillary, and end services to exhibitors and visitors; and advertising and digital services. In addition, the company engages in the management of congresses; and provision of event and destination management services, as well as transport and logistics services for exhibitions, congresses and international events. catering services. Fiera Milano S.p.A. was founded in 1920 and is headquar…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Fiera Milano S.p.A reported revenue of €380M in FY2025 versus €130M in FY2021, a compound +30.8%/yr. Reported net income was €50.3M in FY2025, compounding +3.2%/yr from FY2021.

Revenue +30.8%/yr
FY21 €130M
FY22 €220M
FY23 €284M
FY24 €273M
FY25 €380M
Net income +3.2%/yr
FY21 €44.4M
FY22 −€5.6M
FY23 €45.5M
FY24 €19.3M
FY25 €50.3M

Open the full interactive analysis →

Similar stocks

6 more Specialty Business Services stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Cintas Corporation CTAS $169.45 $82.75 -51%
RELX PLC R1EL34 R$45.28 R$23.22 -49%
Thomson Reuters Corporation TRI C$108.50 C$70.40 -35%
Copart, Inc CPRT $30.77 $28.89 -6%
Global Payments Inc GPN $65.09 $70.80 +9%
UL Solutions Inc ULS $89.71 $30.99 -65%

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap Stocks

Frequently asked questions

Is Fiera Milano S.p.A (FM) undervalued?
As of Jun 24, 2026, our model estimates a fair value of €14.79 versus a price of €8.33 — about +78% (undervalued). Model-based estimate, not financial advice.
What is the fair value of FM?
Our 21-model fair value for Fiera Milano S.p.A is €14.79 (as of Jun 24, 2026), built from audited fundamentals. The current price is €8.33.
What is the quality score of FM?
Fiera Milano S.p.A has a Quality Score of 94/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Fiera Milano S.p.A (FM)?
Fiera Milano S.p.A reported trailing-twelve-month revenue of about €443M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of FM?
The net profit margin of Fiera Milano S.p.A is about 18.3%, meaning it keeps roughly 18.3% of revenue as net income. Based on the latest reported figures.
Does Fiera Milano S.p.A pay a dividend?
Fiera Milano S.p.A currently shows a dividend yield of about 2.98% relative to its recent price (as of Jun 24, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.