Professional
Added to YB: 2025-07-15
Pitch date: 2025-07-10
FILA.MI [neutral]
F.I.L.A. - Fabbrica Italiana Lapis ed Affini S.p.A.
+3.31%
current return
Author Info
Halvio Capital is an investment firm that seeks to compound capital at high rates of return while taking limited risk of capital impairment through separately managed accounts. The firm’s goal is to outperform the broader indices over a long time frame. Sign up for the newsletter.
Company Info
F.I.L.A. - Fabbrica Italiana Lapis ed Affini S.p.A. produces and markets coloring, design, modelling, writing, and painting objects in Europe, North America, Central/South America, Asia, and internationally.
Market Cap
EUR 503.1M
Pitch Price
EUR 9.45
Price Target
20.00 (+105%)
Dividend
80.81%
EV/EBITDA
6.85
P/E
8.18
EV/Sales
1.33
Sector
Commercial Services and Supplies
Category
growth
Halvio Capital Portfolio Holding: F.I.L.A. - Fabbrica Italiana Lapis ed Affini S.p.A.
FILA.MI (holding update): Global stationary maker trading at 3x EV/EBITDA with 25 brands (Ticonderoga, Canson, Giotto). Stable biz w/ €615M rev, €96M EBITDA, €52M FCF. Key catalyst: Indian DOMS subsidiary (26% stake worth €385M = 81% of FILA's market cap) growing 37% rev/63% EBITDA CAGR. 100%+ upside potential, minimal tariff exposure.
Read full article (4 min)