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SeSa S.p.A. (SES.MI)

EUR96.20 -0.60 (-0.62%)
IT MIL Technology Technology Distributors
Address no. 138 Via Piovola 50053
Empoli, FI, IT
CEO Alessandro Fabbroni
Website sesa.it
IPO 2011-06-27
ISIN IT0004729759

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Also trades on Italian Stock Exchange · SES.MI (EUR) London Stock Exchange · 0QHK.L (EUR) Other OTC · SESPF (USD)
Description

SeSa S.p.A., through its various operating companies, specializes in the distribution of advanced information technology (IT) products and solutions, serving markets both within Italy and internationally. Its Software and System Integration division delivers a wide range of services, including core software development, technological innovation, and digital transformation capabilities tailored for small-to-medium enterprises (SMEs) and large corporate clients. This encompasses IT infrastructure and Internet of Things (IoT) offerings, artificial intelligence (AI) and machine learning (ML) applications, and support for digital and enterprise business applications. The sector also provides human resources (HR) management systems, including those built on the Microsoft Dynamics platform. Furthermore, it covers cloud computing services, robust cybersecurity measures, and solutions for digital manufacturing, processing, and transformation. Comprehensive management, maintenance, technical assistance, and repair services for IT hardware and software are also provided, alongside strategic outsourcing. The division actively develops and markets Enterprise Resource Planning (ERP) software, offers integrated services for the SAP Business One platform, and creates specialized 3cad products for the furniture industry. It also produces software and delivers IT services specifically for the retail sector, provides expert project management, and implements product lifecycle management (PLM) solutions for the manufacturing sector. The Business Services segment is dedicated to the finance industry, offering business process outsourcing (BPO), security solutions, and digital transformation initiatives. Within the Value-Added Distribution sector, the company focuses on distributing sophisticated technological, enterprise software, and data center solutions. Its activities also include managing networking infrastructure, providing design services for diverse IT solutions, and distributing Adobe digital media as well as Hitachi data systems products. Finally, the Corporate division provides essential logistical support and manages marketing and promotional campaigns for the Information and Communication Technology (ICT) channel. Headquartered in Empoli, Italy, SeSa S.p.A. functions as a subsidiary of ITH SpA.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
EUR96.20 -0.60 (-0.62%)
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Volume Profile
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Liquidity & share structure
Average Volume
30.3K
Beta
0.93
Float Shares
6.98M
Free Float %
45.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+4.41% +3.80% +12.91% +25.79% +15.12% +7.71% +20.56% -10.06% -24.88% +549.16% +892.33%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
96.20
DCF (Unlevered) 190.12 +97.6%
DCF (Levered) 123.44 +28.3%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 4 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.36
Grey zone
Piotroski F-Score
6 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
4 / 5
High
ROA Score
3 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Technology Distributors: +13.3%
    +1.6% Q1'26: +9.1% (vs Q1'25)
  • EPS growth Technology Distributors: +17.0%
    -20.6% Q1'26: -3.2% (vs Q1'25)
  • FCF margin FCF growth · Technology Distributors: +18.6%
    +2.1% Q1'26: +11.4% (vs Q1'25)
  • EBIT margin Technology Distributors: +4.3%
    +4.8% Q1'26: +4.6% (vs Q1'25)
  • ROIC Technology Distributors: +7.9%
    +25.9% Q1'26: +35.7% (vs Q1'25)
  • Share dilution Technology Distributors: +0.1%
    -11.6% Q1'26: +13.5% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Technology Distributors: -0.39×
    2.02× Q1'26: 1.47× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.91) × ERP
WACC = 74% × Ke + 26% × Kd (12.5%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 190.12 Current price: 96.20
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Apr 2015
actual
Apr 2016
actual
Apr 2017
actual
Apr 2018
actual
Apr 2019
actual
Apr 2020
actual
Apr 2021
actual
Apr 2022
actual
Apr 2023
actual
Apr 2024
actual
Apr 2025
actual
Apr 2026
4 Rev. Ana.
3 EPS Ana.
Apr 2027
4 Rev. Ana.
3 EPS Ana.
Apr 2028
3 Rev. Ana.
3 EPS Ana.
Apr 2029
2 Rev. Ana.
1 EPS Ana.
Revenue
1.05B
est: 1.10B (-4.2%)
1.22B
est: 1.20B (+1.6%)
1.26B
est: 1.29B (-2.0%)
1.35B
est: 1.31B (+2.8%)
1.54B
est: 1.55B (-0.5%)
1.76B
est: 1.79B (-1.3%)
2.02B
est: 2.03B (-0.6%)
2.36B
est: 2.39B (-1.0%)
2.87B
est: 2.88B (-0.4%)
3.16B
est: 3.19B (-0.8%)
3.21B
est: 3.32B (-3.3%)
3.62B
3.60B – 3.66B
+8.9% YoY
3.79B
3.76B – 3.86B
+4.7% YoY
3.98B
3.98B – 3.98B
+5.0% YoY
4.34B
4.31B – 4.42B
+9.1% YoY
EBITDA
46.03M
est: 80.02M (-42.5%)
47.80M
est: 87.57M (-45.4%)
51.01M
est: 93.55M (-45.5%)
55.05M
est: 95.62M (-42.4%)
62.95M
est: 112.54M (-44.1%)
85.18M
est: 129.87M (-34.4%)
119.64M
est: 147.95M (-19.1%)
159.32M
est: 173.53M (-8.2%)
201.26M
est: 209.41M (-3.9%)
233.45M
est: 287.03M (-18.7%)
235.04M
est: 299.01M (-21.4%)
325.69M
324.03M – 329.70M
+8.9% YoY
341.12M
338.59M – 347.14M
+4.7% YoY
358.06M
358.05M – 358.07M
+5.0% YoY
390.48M
387.58M – 397.36M
+9.1% YoY
EBIT
38.81M
est: 56.92M (-31.8%)
41.09M
est: 62.29M (-34.0%)
43.24M
est: 66.55M (-35.0%)
45.57M
est: 68.02M (-33.0%)
51.26M
est: 80.06M (-36.0%)
63.50M
est: 92.39M (-31.3%)
87.16M
est: 105.25M (-17.2%)
117.62M
est: 123.44M (-4.7%)
147.63M
est: 148.97M (-0.9%)
165.17M
est: 169.12M (-2.3%)
152.57M
est: 176.17M (-13.4%)
191.89M
190.91M – 194.25M
+8.9% YoY
200.98M
199.49M – 204.53M
+4.7% YoY
210.96M
210.96M – 210.97M
+5.0% YoY
230.06M
228.36M – 234.12M
+9.1% YoY
Net Income
21.80M
est: 20.87M (+4.5%)
23.96M
est: 21.46M (+11.7%)
25.04M
est: 23.71M (+5.6%)
26.86M
est: 25.77M (+4.2%)
29.28M
est: 28.02M (+4.5%)
37.91M
est: 35.05M (+8.2%)
52.27M
est: 53.62M (-2.5%)
73.52M
est: 72.45M (+1.5%)
84.45M
est: 84.69M (-0.3%)
78.27M
est: 69.27M (+13.0%)
62.20M
est: 91.17M (-31.8%)
95.51M
93.44M – 97.59M
+4.8% YoY
105.82M
104.03M – 107.61M
+10.8% YoY
119.00M
108.61M – 129.40M
+12.5% YoY
141.58M
140.21M – 144.83M
+19.0% YoY
SGA
4.85M
est: 58.25M (-91.7%)
72.46M
est: 63.74M (+13.7%)
82.20M
est: 68.10M (+20.7%)
103.63M
est: 69.61M (+48.9%)
est: 81.92M (-100.0%)
est: 94.54M (-100.0%)
138.22M
est: 107.70M (+28.3%)
13.57M
est: 126.32M (-89.3%)
19.52M
est: 152.44M (-87.2%)
28.14M
est: 62.48M (-55.0%)
26.18M
est: 65.09M (-59.8%)
70.89M
70.53M – 71.77M
+8.9% YoY
74.25M
73.70M – 75.56M
+4.7% YoY
77.94M
77.94M – 77.94M
+5.0% YoY
85.00M
84.37M – 86.50M
+9.1% YoY
EPS
1.40
est: 1.52 (-8.1%)
1.55
est: 1.57 (-1.0%)
1.62
est: 1.73 (-6.4%)
1.74
est: 1.88 (-7.4%)
1.90
est: 2.04 (-7.3%)
2.46
est: 2.56 (-3.8%)
3.39
est: 3.91 (-13.3%)
4.76
est: 5.29 (-9.9%)
5.47
est: 6.18 (-11.5%)
5.07
est: 5.02 (+1.0%)
4.04
est: 6.61 (-38.9%)
6.98
6.82 – 7.12
+5.7% YoY
7.75
7.59 – 7.85
+11.1% YoY
8.48
7.92 – 9.44
+9.3% YoY
10.33
10.23 – 10.57
+21.9% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-05-28 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-05-27 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-05-26 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-05-25 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-05-22 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-05-21 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-05-20 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-05-19 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-05-18 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-05-15 B+ 3/5 4/5 4/5 4/5 1/5 3/5 3/5
2026-05-14 B+ 3/5 4/5 4/5 4/5 1/5 3/5 3/5
2026-05-13 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-05-12 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-05-11 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-05-08 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-05-07 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-05-06 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-05-05 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-05-04 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-04-30 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-04-29 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-04-28 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-04-27 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-04-24 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-04-23 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-04-22 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-04-21 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-04-20 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-04-17 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5
2026-04-16 B+ 3/5 4/5 4/5 3/5 1/5 3/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
276.05M
OE per share TTM
18.94
Owner's Yield
18.29%
Maintenance CapEx ratio
15.02%
Maint CapEx / Avg PPE
4.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 69 ETFs in our universe

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
24.0K
Shares Outstanding
15.35M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Alessandro Fabbroni Chief Executive Officer, MD, Director for Internal Audit, Welfare Program Officer & Director 168.2K
Giovanni Moriani Executive Deputy Chairman & Executive Vice President 158.5K male
Moreno Gaini Executive Deputy Chairman & Executive Vice President 158.5K male
Eriberto Santoro Head of Administration & Tax
Francesco Billi Group Chief Financial Officer
Alessandro La Pietra Head of Legal & Compliance
Jacopo Laschetti Head of Sustainability male
Michele Ferri Head of Internal Auditing
Samantha Alderighi Head of Human Resources
Caterina Gori Head of IR & Corporate Finance M&A
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits