Added to YB: 2026-07-06
Pitch date: 2026-07-01
TISG.MI [neutral]
The Italian Sea Group S.p.A.
+8.64%
current return
Author Info
No bio for this author
Company Info
The Italian Sea Group S.p.A. operates in the yachting industry. It is involved in the design and construction of yachts and super yachts, motor yachts, and sailing yachts under the Admiral, Tecnomar, Perini Navi, and Picchiotti brands.
Market Cap
EUR 54.7M
Pitch Price
EUR 0.97
Price Target
N/A
Dividend
23.74%
EV/EBITDA
4.10
P/E
4.48
EV/Sales
0.35
Sector
Leisure Products
Category
special_situation
Superyachts for the Rest of Us - The Italian Sea Group S.p.A.
TISG.MI (pass): Superyacht builder w/ storied brands (Perini Navi, Admiral, Tecnomar) but in acute crisis. Forensic KPMG probe into unauthorized overspend, €25M shareholder loan, delayed wages, STAR exclusion, insolvency settlement. Capital below legal minimum (Art 2447), -37% in a day; stock €1.2 vs €8 high. Bayesian sinking litigation looms. Author not holding, awaiting clarity.
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