Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
ANIM.MI
STRONG BUYREMOVEAnima Holding SpA · Financial Services · Italy · $2.7B · Avg Vol: $2M/d
Anima Holding is an Italian asset management firm. While it generates decent cash flows, asset managers are highly cyclical and face structural fee compression. It lacks any connection to our high-conviction macro themes and does not possess a global, un-copyable moat.
COMPANY DESCRIPTION
Anima Holding SpA is the largest independent asset management group in Italy, offering a wide range of mutual funds, pension funds, and institutional mandates. The company's competitive moat is built on its extensive multi-channel distribution agreements with major Italian banking networks. Anima operates as a market leader with a highly scalable, capital-light business model.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 1.2B | 1.1B | 1.5B | 1.5B | 9.8% |
| EPS | 0.43 | 0.54 | 0.81 | 0.94 | 29.7% |
| Shares | 346.5M | 329.2M | 319.3M | 325.2M | -6.1% |
| Debt | 671.8M | 689.6M | 699.0M | 695.6M | 1.2% |
| Equity | 1.6B | 1.6B | 1.9B | 2.1B | 10.5% |
| Op CF | 95.8M | -143.9M | 326.3M | 472.4M | 70.2% |
| Inv CF | -4.6M | -73.1M | -32.4M | -4.1M | — |
| Fin CF | -217.9M | -133.1M | -136.8M | -167.5M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of ANIM.MI are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| ANIM.MI | Anima Holding SpA(you) | $2.7B | 88 | STRONG BUY |
| AZM.MI | Azimut Holding S.p.A. | $6.1B | 88 | STRONG BUY |
| DOV.MI | doValue S.p.A. | $492M | 42 | HOLD |
| TIP.MI | Tamburi Investment Partners S.p.A. | $1.6B | 13 | STRONG SELL |
| BDB.MI | Banco di Desio e della Brianza S.p.A. | $1.8B | 66 | BUY |
| CE.MI | Credito Emiliano S.p.A. | $6.6B | 53 | HOLD |
| BGN.MI | Banca Generali S.p.A. | $8.6B | 54 | HOLD |
| UNI.MI | Unipol Assicurazioni S.p.A. | $20.2B | 67 | BUY |
| IF.MI | Banca IFIS S.p.A. | $1.5B | 35 | HOLD |
| BMED.MI | Banca Mediolanum S.p.A. | $18.8B | 62 | HOLD |
Peer medians: ROE 13.7% · P/E 10.7x · Gross margin 0.0%