Technogym S.p.A. (TGYM.MI)
Cesena, FO, IT
Headquartered in Cesena, Italy, Technogym S.p.A. is a global wellness enterprise founded in 1983. The company is dedicated to the design, manufacturing, and worldwide distribution of sophisticated fitness equipment and solutions for physical exercise, wellness, and rehabilitation. Its comprehensive catalog encompasses a wide array of workout machinery, such as treadmills, exercise bikes, elliptical trainers, rowers, stair climbers, and upper body conditioning units. For strength training, it offers selectorized, plate-loaded, and multi-gym equipment, as well as cable stations, benches, racks, and free weights, complemented by functional and stretching apparatus. Beyond large machines, Technogym also supplies a variety of exercise tools, including mats, resistance bands (loop, elastic, power), jump ropes, foam rollers, wellness balls, balance pads, balance domes, slam balls, and medicine balls, along with its specific personal line of products. The company reaches a diverse customer base, including fitness centers, hotels, residential complexes, corporate wellness programs, high-performance sports organizations, and individual home consumers, utilizing direct field and inside sales, retail channels, and wholesale partnerships for distribution.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.74% | -11.74% | -11.13% | -4.25% | +10.14% | +9.67% | +51.06% | +108.06% | +71.91% | +340.84% | +391.99% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
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.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 3 | 0 |
| Hold | 6 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Leisure: +7.6%+12.8% ★ Q4'25: +27.7% (vs Q4'23)
-
EPS growth Leisure: +13.2%+31.8% ★ Q4'25: +72.7% (vs Q4'23)
-
FCF margin FCF growth · Leisure: +30.4%+12.1% Q4'25: +17.2% (vs Q4'23)
-
EBIT margin Leisure: +11.0%+15.8% ★ Q4'25: +4.7% (vs Q4'23)
-
ROIC Leisure: +6.9%+64.9% ★ Q4'25: +42.1% (vs Q4'23)
-
Share dilution Leisure: +0.0%-0.3% ★ Q4'25: -1.6% (vs Q4'23)
-
Debt / EBITDA Net debt/EBITDA · Leisure: -0.39×0.27× ★ Q4'25: 0.28× (vs Q4'23)
* 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.
| Metric |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 9 Rev. Ana. 8 EPS Ana. |
Dec 2027 8 Rev. Ana. 7 EPS Ana. |
Dec 2028 7 Rev. Ana. 6 EPS Ana. |
Dec 2029 3 Rev. Ana. 4 EPS Ana. |
Dec 2030 6 Rev. Ana. 2 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
554.97M
est: 554.49M (+0.1%)
|
587.04M
est: 598.46M (-1.9%)
|
634.14M
est: 634.16M (0.0%)
|
666.42M
est: 677.07M (-1.6%)
|
508.34M
est: 516.01M (-1.5%)
|
609.74M
est: 613.43M (-0.6%)
|
719.03M
est: 712.46M (+0.9%)
|
808.09M
est: 840.19M (-3.8%)
|
901.29M
est: 887.29M (+1.6%)
|
1.02B
est: 1.01B (+0.7%)
|
1.11B
1.08B – 1.13B
+9.4% YoY
|
1.20B
1.16B – 1.24B
+8.2% YoY
|
1.28B
1.28B – 1.29B
+7.4% YoY
|
1.28B
1.25B – 1.32B
-0.2% YoY
|
1.35B
1.31B – 1.39B
+5.1% YoY
|
| EBITDA |
91.34M
est: 102.18M (-10.6%)
|
112.47M
est: 110.29M (+2.0%)
|
130.42M
est: 116.87M (+11.6%)
|
138.00M
est: 124.78M (+10.6%)
|
93.19M
est: 95.09M (-2.0%)
|
116.27M
est: 113.05M (+2.8%)
|
123.78M
est: 131.30M (-5.7%)
|
144.18M
est: 200.56M (-28.1%)
|
177.41M
est: 211.80M (-16.2%)
|
212.54M
est: 241.04M (-11.8%)
|
263.80M
258.75M – 269.29M
+9.4% YoY
|
285.36M
276.49M – 295.93M
+8.2% YoY
|
306.55M
305.77M – 307.33M
+7.4% YoY
|
306.02M
298.26M – 314.96M
-0.2% YoY
|
321.78M
313.62M – 331.18M
+5.1% YoY
|
| EBIT |
67.95M
est: 69.21M (-1.8%)
|
87.29M
est: 74.70M (+16.9%)
|
108.53M
est: 79.15M (+37.1%)
|
107.25M
est: 84.51M (+26.9%)
|
58.53M
est: 64.41M (-9.1%)
|
79.86M
est: 76.57M (+4.3%)
|
83.51M
est: 88.93M (-6.1%)
|
98.62M
est: 163.46M (-39.7%)
|
126.11M
est: 172.62M (-26.9%)
|
160.20M
est: 196.45M (-18.5%)
|
215.00M
210.88M – 219.47M
+9.4% YoY
|
232.57M
225.34M – 241.18M
+8.2% YoY
|
249.84M
249.20M – 250.48M
+7.4% YoY
|
249.41M
243.09M – 256.70M
-0.2% YoY
|
262.25M
255.60M – 269.91M
+5.1% YoY
|
| Net Income |
43.09M
est: 40.34M (+6.8%)
|
61.20M
est: 58.00M (+5.5%)
|
93.03M
est: 82.74M (+12.4%)
|
83.21M
est: 84.80M (-1.9%)
|
36.00M
est: 38.05M (-5.4%)
|
63.07M
est: 52.34M (+20.5%)
|
63.59M
est: 65.22M (-2.5%)
|
73.64M
est: 76.31M (-3.5%)
|
87.04M
est: 86.48M (+0.7%)
|
115.12M
est: 107.73M (+6.9%)
|
130.91M
123.28M – 139.85M
+21.5% YoY
|
146.86M
137.77M – 162.89M
+12.2% YoY
|
162.79M
148.08M – 187.43M
+10.8% YoY
|
162.76M
157.40M – 168.94M
0.0% YoY
|
174.67M
168.91M – 181.31M
+7.3% YoY
|
| SGA |
135.49M
est: 130.37M (+3.9%)
|
143.75M
est: 140.71M (+2.2%)
|
153.61M
est: 149.11M (+3.0%)
|
144.04M
est: 159.20M (-9.5%)
|
119.09M
est: 121.33M (-1.8%)
|
140.57M
est: 144.23M (-2.5%)
|
163.26M
est: 167.52M (-2.5%)
|
194.21M
est: 159.57M (+21.7%)
|
219.38M
est: 168.52M (+30.2%)
|
8.42M
est: 191.78M (-95.6%)
|
209.89M
205.87M – 214.26M
+9.4% YoY
|
227.05M
219.98M – 235.45M
+8.2% YoY
|
243.90M
243.28M – 244.53M
+7.4% YoY
|
243.48M
237.31M – 250.60M
-0.2% YoY
|
256.02M
249.53M – 263.50M
+5.1% YoY
|
| EPS |
0.21
est: 0.20 (+3.7%)
|
0.30
est: 0.29 (+3.0%)
|
0.46
est: 0.42 (+10.7%)
|
0.41
est: 0.43 (-3.7%)
|
0.18
est: 0.19 (-5.8%)
|
0.31
est: 0.26 (+18.0%)
|
0.32
est: 0.33 (-2.4%)
|
0.37
est: 0.38 (-3.3%)
|
0.44
est: 0.43 (+1.2%)
|
0.58
est: 0.55 (+6.2%)
|
0.66
0.62 – 0.70
+21.5% YoY
|
0.74
0.69 – 0.82
+12.2% YoY
|
0.83
0.75 – 0.94
+11.9% YoY
|
0.82
0.79 – 0.85
-1.6% YoY
|
0.88
0.85 – 0.91
+7.3% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-28 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-27 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-26 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-25 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-22 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-21 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-20 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-19 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-18 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-15 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-14 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-13 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-12 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-11 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-08 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-07 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-06 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-05 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-05-04 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 3/5 | 2/5 | 1/5 |
| 2026-04-30 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 2/5 | 2/5 | 1/5 |
| 2026-04-29 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 2/5 | 2/5 | 1/5 |
| 2026-04-28 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 2/5 | 2/5 | 1/5 |
| 2026-04-27 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 2/5 | 2/5 | 1/5 |
| 2026-04-24 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 2/5 | 2/5 | 1/5 |
| 2026-04-23 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 2/5 | 2/5 | 1/5 |
| 2026-04-22 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 2/5 | 2/5 | 1/5 |
| 2026-04-21 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 2/5 | 2/5 | 1/5 |
| 2026-04-20 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 2/5 | 2/5 | 1/5 |
| 2026-04-17 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 2/5 | 2/5 | 1/5 |
| 2026-04-16 | B+ | 3/5 | 3/5 | 5/5 | 5/5 | 2/5 | 2/5 | 1/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | UBS MSCI EMU Small Cap UCITS ETF EUR dis UEFD.DE | 0.32% | 2.35M | 0.33% |
| 2 | iShares MSCI EMU Small Cap UCITS ETF CES1.L | 0.31% | 3.28M | 0.58% |
| 3 | WisdomTree Eurozone Quality Dividend Growth UCITS ETF - EUR EGRW.L | 0.29% | 161.9K | 0.29% |
| 4 | WisdomTree Eurozone Quality Dividend Growth UCITS ETF - EUR Acc WTIM.DE | 0.29% | 161.9K | 0.29% |
| 5 | Amundi MSCI EMU Small Cap ESG Broad Transition UCITS ETF Dist MMS.PA | 0.26% | 1.85M | 0.40% |
| 6 | Lazard International Dynamic Equity ETF IDEQ | 0.19% | 2.42M | 0.40% |
| 7 | Xtrackers MSCI Europe Small Cap UCITS ETF 1C XXSC.L | 0.12% | 4.25M | 0.30% |
| 8 | iShares MSCI Europe Small-Cap ETF IEUS | 0.12% | 210.9K | 0.41% |
| 9 | WisdomTree International Quality Dividend Growth Fund IQDG | 0.10% | 702.8K | 0.42% |
| 10 | WisdomTree Europe Quality Dividend Growth Fund EUDG | 0.09% | 62.9K | 0.58% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Nerio Alessandri | Chairman, Chief Executive Officer & President | 2M | male |
| Pierluigi Alessandri | Non-Independent Deputy Chairman | 590.2K | male |
| Carlo Capelli | Head of Investor Relations & Executive Director | 43.5K | male |
| Massimiliano Moi | Financial Reporting Officer | — | male |
| William Marabini | MD of Adminis, Finan and Control and In Charge of Accounting Documents & Financial Reporting Officer | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for TGYM.MI
Short-term intention
Target Price Distribution
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