Bending Spoons BSP
ItalyTechnology · Software - ApplicationUSD
47.67 USD (+16.1%)
12 analysts
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Bending Spoons S.p.A. is an Italian technology company that develops and acquires mobile applications and software, optimizing their monetization and growth on a global scale.
Key points
from its scores- ✓Strong growth10.0
- ✓High-quality business7.2
- ✓Good share-price trend7.1
- ✕Little or no dividend1.5
- ✕Unfavourable risk and backdrop2.0
AI analysis
bottom line, main risk, context and newsGrowth is exceptional but the balance sheet and valuation limit upside potential in the short term.
Bending Spoons shows explosive growth (revenue +126%, profits +154%) with operating margins of 35.4%, but its high leverage (ND/EBITDA 4.37) and demanding valuation (P/E 93.3) make it sensitive to a rising rate environment, especially in Europe where the ECB is tightening monetary policy.
The main risk is its high financial leverage (ND/EBITDA 4.37) combined with a low liquidity ratio (0.64), which could lead to solvency issues if growth decelerates or European interest rates continue to rise.
Context and risks
Bending Spoons is domiciled in Italy, a market with weaker institutional protection for minority shareholders than the European average and a history of political interventionism in listed companies. Although the company operates in the global technology sector, its corporate structure and governance are subject to Italian jurisdiction, adding a governance risk not reflected in its financial metrics.
Is Bending Spoons stock cheap or expensive?
at the analysis dateOn P/E and EV / EBITDA, it trades 111% above the Technology median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 93.3 | 31.3 | +198% |
| EV / EBITDA | 25.4 | 20.4 | +24% |
| Price / book | 19.6 | 6.3 | +211% |
| Price / sales | 12.8 | 5.3 | +142% |
Sector: median of the 283 Technology companies analysed. In bold, the multiples used for the comparison.
Valuation score: 4.6 out of 10 (median for Technology: 5.3).
Average analyst target: 47.67 USD, +16.1% versus the price.
A premium can be justified if the company is of higher quality or grows faster than its sector: Quality / Moat 7.2 (sector 6.4), Growth 10.0 (sector 7.5).
Classic formulas with standard assumptions (10.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Technology medianValuation
- P/E
- 93.3
- Forward P/E
- 21.4
- EV / EBITDA
- 25.4
- Price / book
- 19.6
- Price / sales
- 12.8
- PEG
- 0.61
- Market cap
- 26.1B USD
- Enterprise value
- 24.0B USD
Profitability
- ROIC (approx.)
- 11.5%
- Gross margin
- 66.8%
- Operating margin
- 35.4%
- Net margin
- 12.3%
Solvency
- Total debt
- 5.0B USD
- Net debt
- 4.1B USD
- Cash
- 830.1M USD
- EBITDA
- 946.5M USD
- Net debt / EBITDA
- 4.37
- Debt / equity
- 394.29
- Current ratio
- 0.64
- Quick ratio
- 0.57
Growth
- Revenue growth
- +126.3%
- Earnings growth
- +154.5%
- EPS (TTM)
- 0.44 USD
- EPS (forward)
- 1.92 USD
Dividend
- Dividend yield
- 0.0%
- Payout
- 0.0%
Risk and market
- Analyst consensus
- Buy (12)
- Target price
- 47.67 USD
- 52-week range
- 30.11 – 58.94
Recent news
All BSP news →Compare it with its sector
All 283 in Technology →Frequently asked questions about Bending Spoons
Is Bending Spoons stock cheap or expensive?
On P/E and EV / EBITDA, it trades 111% above the Technology median on average. Valuation score: 4.6 out of 10 (median for Technology: 5.3). Average analyst target: 47.67 USD, +16.1% versus the price. This is not investment advice.
What score does Bending Spoons get on MeridIAn Screener?
It scores 5.6 out of 10, rank 1,316 of 2,130 (better than 35% of the companies analysed). Its strongest category is Growth (10.0) and its weakest, Dividend (1.5). Analysis of 08/10/2026.
What is Bending Spoons's P/E ratio?
Its P/E is 93.3: the share price equals 93.3 times earnings per share over the last 12 months. The Technology median is 31.3. Based on the earnings analysts expect, the forward P/E is 21.4.
How much is Bending Spoons worth on the stock market?
Its market capitalisation is 26.1B USD and its enterprise value, debt included, is 24.0B USD.
How much debt does Bending Spoons have?
Its net debt (debt minus cash) is 4.1B USD. That is 4.37 times its EBITDA; the Technology median is 0.20.
Does Bending Spoons pay a dividend?
It pays no dividend, or almost none.
How has Bending Spoons stock performed over the last year?
It has risen 14.3% over the last year, excluding dividends. Over the last 52 weeks it has traded between 30.11 and 58.94 USD. Past performance does not guarantee future results.
What do analysts think of Bending Spoons?
12 analysts cover it; their average recommendation is “Buy” and their average target is 47.67 USD (+16.1% versus the price). It is an estimate, not market data.