# CIR S.p.A. (CIR.MI)

Canonical: https://gigainvestors.com/s/CIR.MI

Analysis as of: 2026-10-16T07:27:26.973Z. 

Listing currency: EUR. Reporting currency: EUR.

## Verdict

Not enough history yet

Quality tests for Buy: not passed (profit record: fail; earnings resilience is evidence only). Published buy qualification: no.

Share price: EUR 0.74 per share; close as of 2026-10-14.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

## Price story

Up 92% since Oct 2023

Story as of 2026-10-16T10:01:29.489Z; price observation 2026-10-14.

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Annual sales are EUR 1.8 billion.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-04-15); FY2025: revenue 1800903000; grossProfit 1198535000; margin = grossProfit / revenue.

### Why customers stay

Margins ranged from 63.1% to 66.6% during 2023–25.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-04-15); FY2023: grossProfit / revenue = 63.1%.

- Source: https://filings.xbrl.org/5493003VOSQJSPCM0T38/2024-12-31/ESEF/IT/0/5493003VOSQJSPCM0T38-2024-12-31-4-it/reports/5493003VOSQJSPCM0T38-2024-12-31-4-it.html (filed 2025-04-15); FY2024: grossProfit / revenue = 65.2%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-04-15); FY2025: grossProfit / revenue = 66.6%.

### Where the cash goes

Reinvests 1% of cash earnings; paid dividends in 4 of 4 years.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-04-15); FY2023: growth capex 0; upkeep 75612000; cash acquisitions 169000; owner earnings 80036198.64006576. Growth capex plus acquisitions / owner earnings = 0.0021115445619802257.

- Source: https://filings.xbrl.org/5493003VOSQJSPCM0T38/2024-12-31/ESEF/IT/0/5493003VOSQJSPCM0T38-2024-12-31-4-it/reports/5493003VOSQJSPCM0T38-2024-12-31-4-it.html (filed 2025-04-15); FY2024: growth capex 0; upkeep 104159000; cash acquisitions 0; owner earnings 177061942.26444513. Growth capex plus acquisitions / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-04-15); FY2025: growth capex 0; upkeep 115090000; cash acquisitions 615000; owner earnings 60314207.61765542. Growth capex plus acquisitions / owner earnings = 0.010196602497020531.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-04-15); Dividend observations: [[2022,2657000],[2023,6808000],[2024,67071000],[2025,19224000]]. Zero only counted when supported by a complete cash-flow statement.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-04-15); FY2025: cash repurchases 14089000 EUR.

### What the price says

The price is 0.4 times annual sales.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2025-04-15); Closing price 0.7400000095367432 EUR; reporting-to-trading FX 1; FY2025 annual sales per share 2.0400012876828257; price multiple 0.3627448737433329. FY2025 cash earnings/share 0.06832187030927615. Closing-price date 2026-10-14.

## Monthly share-price history (EUR per share)

- 2016-11: EUR 0.35 per share

- 2016-12: EUR 0.38 per share

- 2017-01: EUR 0.40 per share

- 2017-02: EUR 0.48 per share

- 2017-03: EUR 0.63 per share

- 2017-04: EUR 0.69 per share

- 2017-05: EUR 0.66 per share

- 2017-06: EUR 0.58 per share

- 2017-07: EUR 0.57 per share

- 2017-08: EUR 0.56 per share

- 2017-09: EUR 0.63 per share

- 2017-10: EUR 0.61 per share

- 2017-11: EUR 0.56 per share

- 2017-12: EUR 0.58 per share

- 2018-01: EUR 0.58 per share

- 2018-02: EUR 0.53 per share

- 2018-03: EUR 0.49 per share

- 2018-04: EUR 0.48 per share

- 2018-05: EUR 0.49 per share

- 2018-06: EUR 0.43 per share

- 2018-07: EUR 0.46 per share

- 2018-08: EUR 0.46 per share

- 2018-09: EUR 0.47 per share

- 2018-10: EUR 0.45 per share

- 2018-11: EUR 0.45 per share

- 2018-12: EUR 0.46 per share

- 2019-01: EUR 0.49 per share

- 2019-02: EUR 0.51 per share

- 2019-03: EUR 0.52 per share

- 2019-04: EUR 0.53 per share

- 2019-05: EUR 0.49 per share

- 2019-06: EUR 0.47 per share

- 2019-07: EUR 0.48 per share

- 2019-08: EUR 0.45 per share

- 2019-09: EUR 0.45 per share

- 2019-10: EUR 0.45 per share

- 2019-11: EUR 0.51 per share

- 2019-12: EUR 0.55 per share

- 2020-01: EUR 0.55 per share

- 2020-02: EUR 0.51 per share

- 2020-03: EUR 0.42 per share

- 2020-04: EUR 0.41 per share

- 2020-05: EUR 0.41 per share

- 2020-06: EUR 0.42 per share

- 2020-07: EUR 0.38 per share

- 2020-08: EUR 0.40 per share

- 2020-09: EUR 0.39 per share

- 2020-10: EUR 0.37 per share

- 2020-11: EUR 0.48 per share

- 2020-12: EUR 0.44 per share

- 2021-01: EUR 0.46 per share

- 2021-02: EUR 0.49 per share

- 2021-03: EUR 0.47 per share

- 2021-04: EUR 0.47 per share

- 2021-05: EUR 0.51 per share

- 2021-06: EUR 0.51 per share

- 2021-07: EUR 0.51 per share

- 2021-08: EUR 0.49 per share

- 2021-09: EUR 0.48 per share

- 2021-10: EUR 0.48 per share

- 2021-11: EUR 0.49 per share

- 2021-12: EUR 0.47 per share

- 2022-01: EUR 0.42 per share

- 2022-02: EUR 0.40 per share

- 2022-03: EUR 0.41 per share

- 2022-04: EUR 0.41 per share

- 2022-05: EUR 0.44 per share

- 2022-06: EUR 0.40 per share

- 2022-07: EUR 0.41 per share

- 2022-08: EUR 0.42 per share

- 2022-09: EUR 0.39 per share

- 2022-10: EUR 0.43 per share

- 2022-11: EUR 0.43 per share

- 2022-12: EUR 0.43 per share

- 2023-01: EUR 0.44 per share

- 2023-02: EUR 0.44 per share

- 2023-03: EUR 0.39 per share

- 2023-04: EUR 0.38 per share

- 2023-05: EUR 0.37 per share

- 2023-06: EUR 0.38 per share

- 2023-07: EUR 0.41 per share

- 2023-08: EUR 0.40 per share

- 2023-09: EUR 0.40 per share

- 2023-10: EUR 0.39 per share

- 2023-11: EUR 0.43 per share

- 2023-12: EUR 0.43 per share

- 2024-01: EUR 0.43 per share

- 2024-02: EUR 0.54 per share

- 2024-03: EUR 0.54 per share

- 2024-04: EUR 0.56 per share

- 2024-05: EUR 0.56 per share

- 2024-06: EUR 0.60 per share

- 2024-07: EUR 0.59 per share

- 2024-08: EUR 0.61 per share

- 2024-09: EUR 0.57 per share

- 2024-10: EUR 0.58 per share

- 2024-11: EUR 0.60 per share

- 2024-12: EUR 0.60 per share

- 2025-01: EUR 0.60 per share

- 2025-02: EUR 0.60 per share

- 2025-03: EUR 0.55 per share

- 2025-04: EUR 0.58 per share

- 2025-05: EUR 0.61 per share

- 2025-06: EUR 0.58 per share

- 2025-07: EUR 0.68 per share

- 2025-08: EUR 0.63 per share

- 2025-09: EUR 0.65 per share

- 2025-10: EUR 0.69 per share

- 2025-11: EUR 0.71 per share

- 2025-12: EUR 0.70 per share

- 2026-01: EUR 0.70 per share

- 2026-02: EUR 0.73 per share

- 2026-03: EUR 0.68 per share

- 2026-04: EUR 0.67 per share

- 2026-05: EUR 0.73 per share

- 2026-06: EUR 0.69 per share

- 2026-07: EUR 0.72 per share

- 2026-08: EUR 0.75 per share

- 2026-09: EUR 0.78 per share

- 2026-10: EUR 0.75 per share

## Annual estimated value (EUR per share)

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

[Original ESEF filing](https://filings.xbrl.org/5493003VOSQJSPCM0T38/2024-12-31/ESEF/IT/0/5493003VOSQJSPCM0T38-2024-12-31-4-it/reports/5493003VOSQJSPCM0T38-2024-12-31-4-it.html); period 2024-12-31, filed 2025-04-15.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.
← Companies

CIR S.p.A.

CIR · MI

Financial history

4 annual periods on record.

The business

How it makes money
Why customers stay
Where the cash goes
What the price says
Revenue / shareEUR 2.04
Owner earnings / shareEUR 0.07
Tangible book / shareEUR 0.37
Book value / shareEUR 0.91
Original filing ↗