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FOPE S.p.A.FPE.MICompetitor analysis, valuation and peers

Italy · EUR·Consumer Discretionary›Other Consumer Specialties
Momentum leader 98
Mkt cap
$434M
US dollars, full cap
Free float
10%
of shares outstanding
$/day
$102,169
20-day average traded
Fwd P/E
27.6×
forward earnings
ROIC−WACC
+36.8 pp
WACC 6.7%
Hurdle
-29 pp
Req g minus delivered
Next earnings
117 days
3 Mar 2027
Close · EUR€71.00
1D+3.6%
1W+0.7%
1M+18.3%
3M+36.5%
6M+69.0%
YTD+81.1%
1Y+74.9%
ATR %2.7%
52w lowhigh5.3% off high

What FOPE does

Employees: 112

FOPE at a glance

Size FOPE (FPE.MI) is an Italy Consumer Discretionary company (Other Consumer Specialties) with a market value of $434M, the 112th largest of 123 Italy companies the cockpit tracks. Shares closed at €71.00 on 6 Nov 2026.

Performance Over six months the shares gained 69.0%, against -11.4% for the median peer and +3.1% for the Italy market (cap-weighted) — 5th highest of 20 in its peer set.

Growth Revenue grew 23.6% over the last twelve months (peer median +14.1%); the operating margin is 20.1% (peer median 10.6%).

Valuation It trades at 27.6× forward earnings against a peer median of 20.6× (6th most expensive of 12).

Price implies For today's price to make sense, revenue must grow about 0% a year for seven years (Req g). Recent delivered growth is +29%, so the hurdle is -29 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 36.8 points above its cost of capital (6.7% WACC).

Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).

Relative performance

10015011 May 202611 Aug 20266 Nov 2026FPE.MI 169Peer median 88
Six months, rebased to 100: FOPE against the median of its 20 peers (local-currency closes).

FOPE financials

Reported figures in EUR; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue€107M€93.6M€73.4M€66.8M€62.2M
Revenue growth—+27%+10%+7%—
Gross profit€23.1M€18.2M€12.4M€14.9M€14.1M
EBITDA€24.7M€20.5M€14.8M€16.9M€15.8M
Net income€15.0M€11.4M€8.35M€10.0M€10.7M
Free cash flow€13.8M€11.0M€8.41M€4.12M€3.79M
Capital expenditure€6.08M€4.12M€3.71M€3.28M€2.26M
Total debtn/a€11.9M€11.9M€11.3M€10.2M

Quarterly statements and history in the cockpit →

FOPE competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

0%+100%+200%+300%-20%0%+20%+40%TBZFOSLBIJ2583MOVGOLDIAMKDDLVIPIND0025746168TIMEX893279763011772585FPE.MI6-month return →1-month return →
Up and to the right = strong over both horizons. FOPE is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%0×50×100×FOSLMOVKDDLSENCO6168SAFARITIMEX00234579763011772585FPE.MIRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. FOPE is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%-25%0%25%BIJMOVGOLDIAMKDDLVIPINDSAFARITIMEX8932002721002345FPE.MIGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. FOPE is the large dot.

FOPE competitors and peer comparison

How FOPE compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

FOPE against its 20 peers (data as of 6 Nov 2026)
MeasureFPE.MIPeer medianRank in peer set
1-month return+18.3%-1.4%3rd highest of 21
6-month return+69.0%-11.4%5th highest of 20
Distance from 52-week high-5.3%-25.2%2nd highest of 21
Revenue growth (TTM)+23.6%+14.1%10th highest of 21
Operating margin20.1%10.6%3rd highest of 21
Forward P/E27.6×20.6×6th most expensive of 12
Growth the price implies (Req g, 7 yrs)0.1%24.5%4th least demanding of 11
Growth delivered (Del g)+29.2%+23.5%4th highest of 11
Hurdle (Req g minus delivered)-29.1 pp-12.8 pp2nd least demanding of 11
ROIC minus cost of capital+36.8 pp+2.0 pp3rd highest of 20
EV / EBITDA15.2×14.6×7th most expensive of 14
Net debt / EBITDA-0.5×-0.1×8th least indebted of 17

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
FOPE FPE.MIItaly$434M+69%+24%20%27.6×0.1%+29.2%
Tribhovandas Bhimji Zaveri TBZ.NSIndia$419M+300%+24%10%n/an/an/a
Fossil FOSLUnited States$462M+76%-9%2%48.3×n/an/a
Bijou Brigitte modische Accessoires BIJ.DEGermany$401M-11%0%14%n/a-9.9%+10.5%
Shenzhen Hipine Precision Technology 2583.HKHong Kong$391M-40%+31%26%n/an/an/a
Movado MOVUnited States$495M+11%+5%7%16.1×-7.2%+5.5%
Goldiam International GOLDIAM.NSIndia$505M+1%+27%20%n/a35.6%+19.2%
KDDL KDDL.NSIndia$518M+64%+32%9%17.8×33.2%+31.5%
V.i.p.industries VIPIND.NSIndia$360M-26%-11%-22%n/a23.3%+24.6%
Zhejiang Ming Jewelry 002574.SZChina$353M-22%+2%-12%n/an/an/a
Senco Gold SENCO.NSIndia$556M-7%+42%9%13.6×n/an/a
Zhou Liu Fu Jewellery 6168.HKHong Kong$632M-42%+2%19%5.0×n/an/a
Safari Industries (India) SAFARI.NSIndia$651M-18%+14%9%32.9×31.3%+44.2%
Timex Group India TIMEX.NSIndia$750M+90%+42%15%60.5×25.7%+41.7%
Wiselink 8932.TWOTaiwan$941M-19%+24%47%n/a10.0%+23.2%
Beijing Kingee Culture Development 002721.SZChina$965M-21%+45%15%n/a26.5%-25.9%
Guangdong CHJ Industry 002345.SZChina$1.11B-19%+14%13%10.8×-11.5%+23.9%
Mitsubishi Pencil 7976.TJapan$1.16B+52%+6%13%20.6×n/an/a
Gens Aurea OROX.MIItaly$1.27Bn/a+95%11%n/an/an/a
DR Corporation Limited Class A 301177.SZChina$1.29B-26%-4%-6%124.3×n/an/a
Mokingran Jewellery 2585.HKHong Kong$1.37B+118%+5%4%29.7×n/an/a

Questions

Which companies are FOPE's closest peers?
The cockpit's peer set: Tribhovandas Bhimji Zaveri (TBZ.NS), Fossil (FOSL), Bijou Brigitte modische Accessoires (BIJ.DE), Shenzhen Hipine Precision Technology (2583.HK), Movado (MOV), Goldiam International (GOLDIAM.NS), KDDL (KDDL.NS), V.i.p.industries (VIPIND.NS).
Is FOPE expensive compared with its peers?
On forward p/e it trades at 27.6× against a peer median of 20.6×, 6th most expensive of 12 in its peer set. For today's price to make sense, revenue must grow about 0% a year for seven years (Req g). Recent delivered growth is +29%, so the hurdle is -29 pp: the price already allows for a slowdown.
How has FOPE stock performed?
Over six months to 6 Nov 2026 the shares returned +69.0% against -11.4% for the median peer; over one year +74.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.