NTZ
Natuzzi S.p.A.Consumer Cyclical·Furnishings, Fixtures & Appliances
--
$0M market cap
Revenue
$312.4M
Free Cash Flow
$-4.6M
Rev Growth
-7.6%
FCF Margin
-1.5%
P/FCF
--
EV/FCF
--
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
Natuzzi S.p.A. engages in the design, manufacture, and marketing of leather and fabric upholstered furniture through its own and franchised stores worldwide. It operates through two segments, Natuzzi Brand and Private Label. The company's products primarily include stationary furniture, such as sofas, loveseats, and armchairs; sectional furniture; motion furniture; sofa beds; occasional chairs, including recliners and massage chairs; home furnishing accessories, including coffee tables, lamps, r
2-Year Price History
$3.06-41.8%
Quarterly Financials & Projections
Quarterly Waterfall (EUR M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2025-Q1 | 78.1 | -1.7 | -0.8 | -4.1 | -5.1 | 0.0 | -5.1 | 22.5 | 0.0 | 11.0 | -- | -0.8x | -- |
| Act | 2024-Q4 | 74.9 | -3.2 | -2.7 | -3.3 | 7.1 | 0.0 | -7.1 | 20.3 | 99.8 | 11.0 | -10.7% | -5.8x | -- |
| Act | 2024-Q3 | 75.0 | -4.7 | -3.8 | -7.7 | -4.6 | -4.6 | -0.0 | 17.1 | 3.5 | 11.0 | -434.3% | -2.0x | -- |
| Act | 2024-Q2 | 84.4 | 0.2 | -0.4 | -2.4 | 4.8 | 0.0 | -4.8 | 28.2 | 4.5 | 11.0 | -24.1% | 0.1x | -- |
| Act | 2024-Q1 | 84.5 | 0.8 | 0.6 | -1.7 | -5.3 | 0.0 | -5.3 | 26.4 | 0.0 | 11.0 | 46.0% | 0.3x | -- |
| Act | 2023-Q4 | 84.1 | -9.2 | -7.3 | -9.8 | -0.7 | 0.0 | -0.7 | 33.6 | 102.5 | 11.0 | -26.7% | -3.6x | -- |
| Act | 2023-Q3 | 74.9 | -0.5 | -1.4 | -2.7 | 2.4 | 0.0 | -2.4 | 34.7 | 0.0 | 11.0 | -30.1% | -0.3x | -- |
| Act | 2023-Q2 | 83.5 | 2.8 | 0.0 | -0.3 | 6.5 | 0.0 | -6.5 | 43.0 | 0.0 | 11.0 | 0.0% | 1.0x | -- |
| Act | 2023-Q1 | 86.1 | -1.1 | -0.9 | -3.2 | -4.9 | 0.0 | -4.9 | 42.7 | 0.0 | 11.0 | -16.3% | -0.5x | -- |
| Act | 2022-Q4 | 116.5 | -4.1 | 1.8 | -5.9 | 12.2 | 0.0 | -12.2 | 54.5 | 98.4 | 11.0 | 3.6% | -1.6x | -- |
| Act | 2022-Q3 | 116.6 | 9.1 | 4.1 | 5.4 | -4.9 | 0.0 | -4.9 | 51.3 | 0.0 | 10.8 | 32.8% | 4.1x | -- |
| Act | 2022-Q2 | 116.9 | 1.5 | 1.1 | -1.0 | 14.0 | 0.0 | -14.0 | 58.6 | 0.0 | 10.0 | 13.1% | 0.8x | -- |
| Act | 2022-Q1 | 118.5 | 3.6 | 1.5 | 1.0 | -3.1 | 0.0 | -3.1 | 50.1 | 0.0 | 10.0 | 14.0% | 2.0x | -- |
Historical Valuation
Multiples vs the company's own history — cheap or rich relative to itself? Historical fiscal years, then TTM, then forward projections (E). Forward rows hold today's price against projected earnings, so the multiple compresses if the company grows into it.
| Year | Price | Rev Gr | EBITDA % | EBITDA | EV/EBITDA | EV/FCF | P/E | P/S |
|---|---|---|---|---|---|---|---|---|
| 2022 | 7.69 | — | 2.2% | 10 | — | — | — | — |
| 2023 | 6.77 | -29.9% | -2.4% | -8 | — | — | — | — |
| 2024 | 4.80 | -3.0% | -2.1% | -7 | — | — | — | — |
| TTM | — | -4.5% | -3.0% | -9 | — | — | — | — |
EBITDA in reporting-currency $M. Historical multiples use year-end market cap (split-adjusted price history); TTM & forward years use today's.
Valuation & Metrics
Market Stats
Price--
Market Cap$0M
Enterprise Value$-23M
P/S Ratio0.0x
P/FCF--
EV/FCF--
FCF Margin (TTM)-1.5%
FCF Yield0.0%
Dividend Yield (TTM)--
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$312.4M
Net Income$-17.4M
Free Cash Flow$-4.6M
Revenue Growth (YoY)-7.6%
EBITDA Margin-3.0%
Net Margin-5.6%
FCF Margin-1.5%
CapEx % of Revenue5.4%
SBC % of Revenue0.0%
ROIC-156.4%
WC Change % Rev0.0%
Interest Coverage-1.2x
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares0.0M
Days to Cover1.0
Change (vs Prior)-34.8%
Need at least 2 settlement dates for chart
Employees
Headcount3,205
Revenue / Employee$97,472
Gross Profit / Employee$34,665
Cash Runway
58.7months
WATCH
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
26.9%(-10.5% YoY)
4 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
0.0%(+0.0% YoY)
0 filers
Vanguard, iShares, SPDR
Market makers
0.0%(+0.0% YoY)
0 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| Kanen Wealth Management LLC | $6.8M | $4.50 | +$184K | +$1.4M | -2.4% | $278M |
| BENJAMIN EDWARDS INC | $496K | $4.23 | +$0 | +$70K | -0.5% | $9.89B |
| MORGAN STANLEY | $288K | $6.77 | −$17K | −$43K | -0.3% | $1.65T |
| EverSource Wealth Advisors, LLC | $0 | $3.64 | −$0 | +$0 | -0.0% | $3.27B |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)BEARISH
Holders
-2.44%
avg per quarter
Holders (ex-self)
-2.17%
excl. this stock
Buyers (this Q)
-2.67%
1 buyers · $0.00B in
Sellers (this Q)
-0.29%
2 sellers · $-0.00B out
alpha coverage: 100% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
-5.2%
how holders react when this stock falls
On quiet Qs
-0.2%
−10% to +10% baseline
On rallies (+10%+)
+0.7%
how they react when this stock rises
Holders' portfolio flow this Q
+6.8%
inflows — adds are organic
Sellers' portfolio flow this Q
+3.0%
Sellers grew AUM elsewhere — opinionated cut of this stock.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-3.3%
Holder mid (any stock)
-2.0%
Holder rally (any stock)
-5.3%
Biggest decreases this quarter
Top-5 holders · 100.0%
Kanen Wealth Management LLC--
BENJAMIN EDWARDS INC--
MORGAN STANLEY--
EverSource Wealth Advisors, LLC--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
Kanen Wealth Management LLC2.2MCREDIT SUISSE AG/—MORGAN STANLEY95KUBS ASSET MANAGEMENT AMERICAS INC—CANNELL CAPITAL LLC—BENJAMIN F. EDWARDS & COMPANY, INC.—BENJAMIN EDWARDS INC163KPRELUDE CAPITAL MANAGEMENT, LLC—RENAISSANCE TECHNOLOGIES LLC—Cambridge Investment Research Advisors, Inc.—
Corporate
Order Flow (FINRA, ~3w lag)
38.3%retail-24.7pp
38.5%dark+4.3pp
week of 2026-03-16
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.