# Technoprobe (TPRO.MI)

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

Analysis as of: 2026-10-16T07:34:38.190Z. 

Listing currency: EUR. Reporting currency: EUR.

## Verdict

Not enough history yet

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

Share price: EUR 31.18 per share; close as of 2026-10-14.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

## Price story

Up 354% since Oct 2023

Story as of 2026-10-16T10:01:26.424Z; price observation 2026-10-14.

## Owner memo

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

### How it makes money

Operates in semiconductors; annual sales are EUR 628.4 million.

- Source: https://filings.xbrl.org/8156007154CD8334D053/2025-12-31/ESEF/IT/0/8156007154CD8334D053-2025-12-31-1-it.json (filed 2026-04-07); FY2025: revenue 628380000; grossProfit 279087000; margin = grossProfit / revenue.

### Why customers stay

Margins ranged from 41.1% to 48.7% during 2023–25.

- Source: https://filings.xbrl.org/8156007154CD8334D053/2024-12-31/ESEF/IT/0/8156007154CD8334D053-2024-12-31-0-it.json (filed 2026-04-07); FY2023: grossProfit / revenue = 48.7%.

- Source: https://filings.xbrl.org/8156007154CD8334D053/2025-12-31/ESEF/IT/0/8156007154CD8334D053-2025-12-31-1-it.json (filed 2026-04-07); FY2024: grossProfit / revenue = 41.1%.

- Source: https://filings.xbrl.org/8156007154CD8334D053/2025-12-31/ESEF/IT/0/8156007154CD8334D053-2025-12-31-1-it.json (filed 2026-04-07); FY2025: grossProfit / revenue = 44.4%.

### Where the cash goes

Reinvests 36.2% of cash earnings; paid dividends in 3 of 3 years.

- Source: https://eodhd.com/api/fundamentals/K8B.F.json#2021-12-31 (filed 2026-04-07); FY2021: growth capex 0; upkeep 59692000; owner earnings 82165200. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/api/fundamentals/K8B.F.json#2022-12-31 (filed 2026-04-07); FY2022: growth capex 42979000; upkeep 36736000; cash acquisitions 0; owner earnings 146264200. Growth capex plus acquisitions / owner earnings = 0.2938449736846063.

- Source: https://eodhd.com/api/fundamentals/K8B.F.json#2023-12-31 (filed 2026-04-07); FY2023: growth capex 0; upkeep 63927000; cash acquisitions 41663000; owner earnings 73311600. Growth capex plus acquisitions / owner earnings = 0.5683002417079971.

- Source: https://eodhd.com/api/fundamentals/K8B.F.json#2024-12-31 (filed 2026-04-07); FY2024: growth capex 24596000; upkeep 69337000; cash acquisitions 81626000; owner earnings 60072400. Growth capex plus acquisitions / owner earnings = 1.7682329988480567.

- Source: https://eodhd.com/api/fundamentals/K8B.F.json#2025-12-31 (filed 2026-04-07); FY2025: growth capex 34279000; upkeep 65103000; cash acquisitions 0; owner earnings 94741200. Growth capex plus acquisitions / owner earnings = 0.36181724529560527.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-04-07); Dividend observations: [[2021,4604000],[2022,1129000],[2024,1203000]]. Zero only counted when supported by a complete cash-flow statement.

- Source: https://filings.xbrl.org/8156007154CD8334D053/2025-12-31/ESEF/IT/0/8156007154CD8334D053-2025-12-31-1-it.json (filed 2026-04-07); FY2025: cash repurchases 60000000 EUR.

### What the price says

The price is 31.8 times annual sales.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-04-07); Closing price 31.18000030517578 EUR; reporting-to-trading FX 1; FY2025 annual sales per share 0.9813540727181025; price multiple 31.77242666229027. FY2025 cash earnings/share 0.14795929608549013. Closing-price date 2026-10-14.

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

- 2022-03: EUR 6.66 per share

- 2022-04: EUR 6.72 per share

- 2022-05: EUR 6.83 per share

- 2022-06: EUR 6.73 per share

- 2022-07: EUR 7.87 per share

- 2022-08: EUR 7.60 per share

- 2022-09: EUR 7.10 per share

- 2022-10: EUR 6.96 per share

- 2022-11: EUR 7.43 per share

- 2022-12: EUR 6.70 per share

- 2023-01: EUR 6.75 per share

- 2023-02: EUR 6.04 per share

- 2023-03: EUR 6.67 per share

- 2023-04: EUR 6.45 per share

- 2023-05: EUR 7.35 per share

- 2023-06: EUR 7.24 per share

- 2023-07: EUR 8.31 per share

- 2023-08: EUR 7.73 per share

- 2023-09: EUR 7.45 per share

- 2023-10: EUR 6.88 per share

- 2023-11: EUR 7.86 per share

- 2023-12: EUR 8.65 per share

- 2024-01: EUR 9.23 per share

- 2024-02: EUR 9.30 per share

- 2024-03: EUR 8.42 per share

- 2024-04: EUR 7.51 per share

- 2024-05: EUR 9.10 per share

- 2024-06: EUR 9.20 per share

- 2024-07: EUR 8.41 per share

- 2024-08: EUR 7.47 per share

- 2024-09: EUR 6.31 per share

- 2024-10: EUR 6.23 per share

- 2024-11: EUR 5.85 per share

- 2024-12: EUR 5.74 per share

- 2025-01: EUR 6.11 per share

- 2025-02: EUR 5.74 per share

- 2025-03: EUR 5.76 per share

- 2025-04: EUR 5.65 per share

- 2025-05: EUR 6.88 per share

- 2025-06: EUR 7.42 per share

- 2025-07: EUR 7.20 per share

- 2025-08: EUR 6.76 per share

- 2025-09: EUR 8.39 per share

- 2025-10: EUR 9.40 per share

- 2025-11: EUR 12.66 per share

- 2025-12: EUR 12.20 per share

- 2026-01: EUR 15.63 per share

- 2026-02: EUR 17.14 per share

- 2026-03: EUR 14.28 per share

- 2026-04: EUR 18.43 per share

- 2026-05: EUR 32.14 per share

- 2026-06: EUR 34.90 per share

- 2026-07: EUR 27.70 per share

- 2026-08: EUR 26.98 per share

- 2026-09: EUR 33.02 per share

- 2026-10: EUR 27.96 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/8156007154CD8334D053/2025-12-31/ESEF/IT/0/8156007154CD8334D053-2025-12-31-1-it/reports/8156007154CD8334D053-2025-12-31-1-it.html); period 2025-12-31, filed 2026-04-07.

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.