Piquadro SpAMIL:PQ +1.10%82 FCF Margin % is 2.58% as of Sep. 2025, which is 51% below its 10-year median of 5.29. GuruFocus rates MIL:PQ with a GF Score™ of 82/100 and a GF Value™ of €2.19 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,040 Manufacturing - Apparel & Accessories companies, Piquadro SpA ranks better than 50.38% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Piquadro SpA's Free Cash Flow for the
six
months ended in Sep. 2025 was €2.3 Mil. Piquadro SpA's Revenue for the
six
months ended in Sep. 2025 was €88.4 Mil. Therefore, Piquadro SpA's FCF Margin % for the quarter that ended in Sep. 2025 was 2.58%.
The historical data trend for Piquadro SpA's FCF Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MIL:PQ vs NKE, DECK, ONON: FCF Margin % Comparison
For the Footwear & Accessories subindustry, Piquadro SpA's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Piquadro SpA FCF Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Piquadro SpA's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Piquadro SpA's FCF Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Piquadro SpA (MIL:PQ) has a FCF Margin % of 2.58% as of Sep. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Piquadro SpA and its competitors. This is 51% below median its historical median of 5.29. According to the industry distribution chart, Piquadro SpA ranks #516 out of 1040 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 49.6%.
Is Piquadro SpA's FCF Margin % too high?
Piquadro SpA's current FCF Margin % of 2.58% is 51% below median its 10-year median of 5.29. The Manufacturing - Apparel & Accessories industry median FCF Margin % is 2.25. Piquadro SpA's value of 2.58% is 14.9% above this industry median. Based on the distribution chart, Piquadro SpA ranks #516 out of 1040 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Piquadro SpA has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Piquadro SpA's FCF Margin % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Piquadro SpA ranks #516 out of 1040 companies for FCF Margin %. This puts Piquadro SpA in the upper half of its industry. The industry median FCF Margin % is 2.25. Piquadro SpA's value of 2.58% is 14.9% above this benchmark. While the company's 10-year median is 5.29 vs. the industry median of 2.25, Piquadro SpA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Manufacturing - Apparel & Accessories company?
The median FCF Margin % among Manufacturing - Apparel & Accessories companies is 2.25, based on 1,040 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Piquadro SpA's current FCF Margin % of 2.58% is 14.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Piquadro SpA and its competitors. For the Manufacturing - Apparel & Accessories industry, the median FCF Margin % is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piquadro SpA's current FCF Margin % is 2.58%, which is 51% below median its own 10-year median of 5.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piquadro SpA stock overvalued right now?
Based on GuruFocus' analysis, Piquadro SpA (MIL:PQ) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.19, compared to a current price of €2.76 — trading 26% above its estimated fair value. The current FCF Margin % is 2.58%, which is 51% below median its 10-year median of 5.29 and 14.9% above the Manufacturing - Apparel & Accessories industry median of 2.25. Piquadro SpA's overall GF Score™ is 82/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Piquadro SpA (MIL:PQ), the current FCF Margin % is 2.58% as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Piquadro SpA (MIL:PQ) Overvalued in 2026?
Based on GuruFocus' analysis, Piquadro SpA stock appears to be overvalued.
The current stock price of €2.76 is trading 26% above its estimated GF Value™ of €2.19.
GuruFocus considers Piquadro SpA to be Modestly Overvalued.
Key valuation signals for MIL:PQ:
FCF Margin %: 2.58% (51% below median its 10-year median of 5.29)
GF Value™: €2.19 vs. price of €2.76 (26% above fair value)
Industry Position: 14.9% above the Manufacturing - Apparel & Accessories median (#516 of 1040)
No single metric tells the full story. See the MIL:PQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Piquadro SpA operates in the leather goods market. It is engaged in the design, manufacturing, and marketing of leather goods. The company's product portfolio includes bags and briefcases, women's purses, small leather articles such as wallets, billfolds, key holders, etc., sneakers, jackets, and others. The products are marketed through Piquadro, The Bridge, and Lancel brands which are also the company's reportable segments. Maximum revenue is generated from the Piquadro segment. Geographically, the company derives maximum revenue from Europe (excluding Italy) followed by Italy, and other regions.
82GF Score
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