WinstonWınston
Eurotech S.p.A. logo

Eurotech S.p.A.

ETH.MI
19
Computer Hardware · Technology
Price
€1.23
-0.01 (-0.81%)
Market Cap
€48.9M
Exchange
Italian Stock Exchange
Winston Score
19
Winston is worried
Weak fundamentals across most pillars.
Data as of Jul 28, 2026 · filings through Mar 31, 2026

Share count rising — dilution

+6.0% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 35.4M (2021) → 37.5M (2025)

Eurotech S.p.A., an Italian technology company founded in 1992 and based in Amaro, specializes in the design, production, and global distribution of cutting-edge, miniaturized, and high-performance computing solutions. Its extensive product line encompasses embedded boards and modules, such as COM Express CPU-modules, compact form factor boards, single-board computers, and comprehensive development kits. The company also delivers embedded and edge computing devices, human-machine interfaces (HMIs), displays, and expansion modules, alongside mobile access routers, data logging equipment, storage systems, and networking solutions. For demanding data access and management needs, Eurotech provides high-performance embedded computing systems, specialized switches, and boards. Moreover, Eurotech is a key provider of intelligent sensors like people counters and environmental monitoring systems. Its comprehensive IoT offerings include multi-service edge gateways, an IoT edge framework, and an IoT integration platform, complemented by wearable devices, handheld computers, and G-Station, a specialized supercomputer solution. Beyond its hardware and software portfolio, Eurotech extends its expertise through IoT consulting, solution development, and product design and manufacturing services. Its advanced technology caters to a broad spectrum of industries, including industrial automation, transportation, energy, utilities, defense, aerospace, and medical healthcare.

Winston Score History

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+29.3% YoY

YoY Growth Rate

Revenue accelerating

EPS Growth

+59.3% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

$0/ year

0.0% of revenue

Below sector average (15%)

Research and development spending

Cash Runway

~12 months

$11M cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Adequate runway but may need to raise capital within 2 years

Revenue accelerating

Eurotech S.p.A. grew revenue 29% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin
-3.1%
Thin — -3.1% gross margin
Operating Margin
-28.6%
Losing money on operations — -28.6%
ROCE
-3.8%
Weak — -3.8% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY
+3.4%
Slow sales growth (3.4% YoY)
EPS YoY
N/A
Data not available
EPS Consistency
0/8 quarters
Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion
N/A
Data not available
FCF Margin
-6.6%
Burning cash (-6.6%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity
0.33
Conservative — low debt load (0.33)
Interest Cover
N/A
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)
N/M
Negative earnings — P/E not meaningful
P/E vs Forward
N/A
not available
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial