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Arnoldo Mondadori Editore S.p.A. (MN.MI)

58.7Fair

ValueMarkers Composite Index

Top 74%#11,461 of 44,707
Undervalued

84% below intrinsic value ($16)

UndervaluedFair ValueOvervalued
Piotroski
6/9
Neutral
Beneish
1.16
High Risk
Altman
1.60
Distress
DCF Value
$16
Undervalued
ROIC
9.6%
Adequate
P/E
10.0
Value
Updated: ·Source: Data sourced from SEC filings and institutional providers. Not financial advice.·Report data issue

Arnoldo Mondadori Editore S.p.A. (MN.MI) — VMCI valuation read

Headline read on MN.MI: VMCI of 59/100 versus a Communication Services sector median of 50. The 9-point above-median position is what makes Arnoldo Mondadori Editore S.p.A. a relative-value candidate in the mid-cap cohort, before any pillar-level review.

Form 4 filings on MN.MI: zero in the trailing 30 days. The absence of insider transactions is itself a data point, just a low-information one. The thesis runs on financials and price action until that changes.

**Investor frame.** Three reads on MN.MI: value (MN.MI trades at 23.0x earnings, 28% above the Communication Services median of 18.0x), quality (ROIC of 19.0% sits 9.0pp above the Communication Services median (10.0%)), and risk (net debt to EBITDA of -0.5x leaves covenant headroom). The value read also implies an EV/EBITDA gap of +4.0x against the Communication Services 12.0x baseline.

MN.MI rose 0.8% over the trailing 7 days, with a -5.2% read on a 30-day basis.

Arnoldo Mondadori Editore S.p.A., together with its subsidiaries, engages in publishing of books and magazines in Europe. The company offers fiction, non-fiction, and children's books in paper and digital formats under the Mondadori, Giulio Einaudi editore, Piemme, Sperling & Kupfer, Frassinelli, Rizzoli, BUR, Fabbri Editori, Rizzoli Lizard, and Mondadori Electa brands. It also provides school, legal, and university textbooks; courses, teaching tools, and multimedia content for various school levels; and art and architecture books, exhibition catalogues, museum guides, and sponsor books. In addition, it is involved in the management of museum concessions; the organization of exhibitions and cultural events under the Abscondita and Electa; and the operation of bookstore under the Rizzoli, Rizzoli New York, Rizzoli Electa, and Universe brands. Additionally, the company manages a network of bookstores in Italy under the Mondadori Megastore, Mondadori Bookstore, and Mondadori Point brands. It operates through a network of physical stores; and e-commerce channels, such as mondadoristore.it. The company was founded in 1907 and is headquartered in Segrate, Italy. Arnoldo Mondadori Editore S.p.A. is a subsidiary of Finanziaria d'investimento Fininvest S.p.A.

CEO: Antonio Stefano Porro1,881 employeesITwww.gruppomondadori.it

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