ICOP SPA (ICOP.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:ICOP - IT0001214433 - Common Stock
18.3 EUR
-0.3 (-1.61%)
We assign a fundamental rating of 4 out of 10 to ICOP. ICOP was compared to 43 industry peers in the Construction & Engineering industry. There are concerns on the financial health of ICOP while its profitability can be described as average. ICOP shows excellent growth, but is valued quite expensive already.
1. Profitability
1.1 Basic Checks
- ICOP had positive earnings in the past year.
- In the past year ICOP had a positive cash flow from operations.
1.2 Ratios
- ICOP has a Return On Assets of 4.55%. This is comparable to the rest of the industry: ICOP outperforms 55.81% of its industry peers.
- ICOP has a better Return On Equity (23.31%) than 65.12% of its industry peers.
- ICOP's Return On Invested Capital of 13.40% is fine compared to the rest of the industry. ICOP outperforms 76.74% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for ICOP is in line with the industry average of 11.17%.
- The last Return On Invested Capital (13.40%) for ICOP is above the 3 year average (9.45%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.55% | ||
| ROE | 23.31% | ||
| ROIC | 13.4% |
ROA(3y)3.57%
ROA(5y)N/A
ROE(3y)14.08%
ROE(5y)N/A
ROIC(3y)9.45%
ROIC(5y)N/A
1.3 Margins
- Looking at the Profit Margin, with a value of 14.41%, ICOP belongs to the top of the industry, outperforming 83.72% of the companies in the same industry.
- ICOP's Profit Margin has improved in the last couple of years.
- With an excellent Operating Margin value of 22.87%, ICOP belongs to the best of the industry, outperforming 93.02% of the companies in the same industry.
- ICOP's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.87% | ||
| PM (TTM) | 14.41% | ||
| GM | N/A |
OM growth 3Y321.03%
OM growth 5YN/A
PM growth 3Y75.7%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ICOP is still creating some value.
- The number of shares outstanding for ICOP has been increased compared to 1 year ago.
- Compared to 1 year ago, ICOP has an improved debt to assets ratio.
2.2 Solvency
- ICOP has an Altman-Z score of 1.72. This is a bad value and indicates that ICOP is not financially healthy and even has some risk of bankruptcy.
- ICOP has a Altman-Z score of 1.72. This is in the lower half of the industry: ICOP underperforms 60.47% of its industry peers.
- A Debt/Equity ratio of 1.20 is on the high side and indicates that ICOP has dependencies on debt financing.
- ICOP has a worse Debt to Equity ratio (1.20) than 69.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.2 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.72 |
ROIC/WACC1.72
WACC7.8%
2.3 Liquidity
- ICOP has a Current Ratio of 1.20. This is a normal value and indicates that ICOP is financially healthy and should not expect problems in meeting its short term obligations.
- With a decent Current ratio value of 1.20, ICOP is doing good in the industry, outperforming 67.44% of the companies in the same industry.
- A Quick Ratio of 0.79 indicates that ICOP may have some problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 0.79, ICOP is doing worse than 83.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.2 | ||
| Quick Ratio | 0.79 |
3. Growth
3.1 Past
- ICOP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 97.06%, which is quite impressive.
- Measured over the past years, ICOP shows a very strong growth in Earnings Per Share. The EPS has been growing by 75.63% on average per year.
- Looking at the last year, ICOP shows a quite strong growth in Revenue. The Revenue has grown by 17.59% in the last year.
- ICOP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.56% yearly.
EPS 1Y (TTM)97.06%
EPS 3Y75.63%
EPS 5YN/A
EPS Q2Q%48.4%
Revenue 1Y (TTM)17.59%
Revenue growth 3Y0.56%
Revenue growth 5YN/A
Sales Q2Q%308.42%
3.2 Future
- ICOP is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 29.38% yearly.
- Based on estimates for the next years, ICOP will show a very strong growth in Revenue. The Revenue will grow by 45.15% on average per year.
EPS Next Y30.46%
EPS Next 2Y40.01%
EPS Next 3Y29.38%
EPS Next 5YN/A
Revenue Next Year114.11%
Revenue Next 2Y69.51%
Revenue Next 3Y45.15%
Revenue Next 5YN/A
3.3 Evolution
- Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 23.77 indicates a rather expensive valuation of ICOP.
- Based on the Price/Earnings ratio, ICOP is valued a bit more expensive than the industry average as 74.42% of the companies are valued more cheaply.
- When comparing the Price/Earnings ratio of ICOP to the average of the S&P500 Index (26.94), we can say ICOP is valued inline with the index average.
- With a Price/Forward Earnings ratio of 12.12, ICOP is valued correctly.
- The rest of the industry has a similar Price/Forward Earnings ratio as ICOP.
- The average S&P500 Price/Forward Earnings ratio is at 23.94. ICOP is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.77 | ||
| Fwd PE | 12.12 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, ICOP is valued a bit more expensive than 76.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.13 |
4.3 Compensation for Growth
- ICOP's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- ICOP's earnings are expected to grow with 29.38% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.78
PEG (5Y)N/A
EPS Next 2Y40.01%
EPS Next 3Y29.38%
5. Dividend
5.1 Amount
- With a yearly dividend of 0.43%, ICOP is not a good candidate for dividend investing.
- ICOP's Dividend Yield is slightly below the industry average, which is at 2.48.
- With a Dividend Yield of 0.43, ICOP pays less dividend than the S&P500 average, which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 5.94% of the earnings are spent on dividend by ICOP. This is a low number and sustainable payout ratio.
DP5.94%
EPS Next 2Y40.01%
EPS Next 3Y29.38%
BIT:ICOP (1/20/2026, 7:00:00 PM)
18.3
-0.3 (-1.61%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)09-29 2025-09-29
Earnings (Next)03-30 2026-03-30
Inst Owners8.95%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap581.57M
Revenue(TTM)148.88M
Net Income(TTM)21.45M
Analysts87.5
Price Target21.17 (15.68%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
Yearly Dividend0.08
Dividend Growth(5Y)N/A
DP5.94%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)16.9%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-3.9%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-12.96%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.77 | ||
| Fwd PE | 12.12 | ||
| P/S | 3.91 | ||
| P/FCF | N/A | ||
| P/OCF | 207 | ||
| P/B | 6.32 | ||
| P/tB | 16.71 | ||
| EV/EBITDA | 14.13 |
EPS(TTM)0.77
EY4.21%
EPS(NY)1.51
Fwd EY8.25%
FCF(TTM)-0.86
FCFYN/A
OCF(TTM)0.09
OCFY0.48%
SpS4.68
BVpS2.9
TBVpS1.09
PEG (NY)0.78
PEG (5Y)N/A
Graham Number7.08
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.55% | ||
| ROE | 23.31% | ||
| ROCE | 16.26% | ||
| ROIC | 13.4% | ||
| ROICexc | 16.24% | ||
| ROICexgc | 24.27% | ||
| OM | 22.87% | ||
| PM (TTM) | 14.41% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)3.57%
ROA(5y)N/A
ROE(3y)14.08%
ROE(5y)N/A
ROIC(3y)9.45%
ROIC(5y)N/A
ROICexc(3y)19.53%
ROICexc(5y)N/A
ROICexgc(3y)20.62%
ROICexgc(5y)N/A
ROCE(3y)11.48%
ROCE(5y)N/A
ROICexgc growth 3Y342.53%
ROICexgc growth 5YN/A
ROICexc growth 3Y334.02%
ROICexc growth 5YN/A
OM growth 3Y321.03%
OM growth 5YN/A
PM growth 3Y75.7%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score3
Asset Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.2 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.18 | ||
| Cap/Depr | 182.44% | ||
| Cap/Sales | 20.23% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 5.56% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.2 | ||
| Quick Ratio | 0.79 | ||
| Altman-Z | 1.72 |
F-Score3
WACC7.8%
ROIC/WACC1.72
Cap/Depr(3y)172.92%
Cap/Depr(5y)N/A
Cap/Sales(3y)15.47%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)97.06%
EPS 3Y75.63%
EPS 5YN/A
EPS Q2Q%48.4%
EPS Next Y30.46%
EPS Next 2Y40.01%
EPS Next 3Y29.38%
EPS Next 5YN/A
Revenue 1Y (TTM)17.59%
Revenue growth 3Y0.56%
Revenue growth 5YN/A
Sales Q2Q%308.42%
Revenue Next Year114.11%
Revenue Next 2Y69.51%
Revenue Next 3Y45.15%
Revenue Next 5YN/A
EBIT growth 1Y160.53%
EBIT growth 3Y323.37%
EBIT growth 5YN/A
EBIT Next Year158.62%
EBIT Next 3Y53.8%
EBIT Next 5YN/A
FCF growth 1Y-89.53%
FCF growth 3Y-21.23%
FCF growth 5YN/A
OCF growth 1Y-18.72%
OCF growth 3Y28.3%
OCF growth 5YN/A
ICOP SPA / ICOP.MI FAQ
Can you provide the ChartMill fundamental rating for ICOP SPA?
ChartMill assigns a fundamental rating of 4 / 10 to ICOP.MI.
What is the valuation status for ICOP stock?
ChartMill assigns a valuation rating of 3 / 10 to ICOP SPA (ICOP.MI). This can be considered as Overvalued.
What is the profitability of ICOP stock?
ICOP SPA (ICOP.MI) has a profitability rating of 5 / 10.
What is the earnings growth outlook for ICOP SPA?
The Earnings per Share (EPS) of ICOP SPA (ICOP.MI) is expected to grow by 30.46% in the next year.
Can you provide the dividend sustainability for ICOP stock?
The dividend rating of ICOP SPA (ICOP.MI) is 2 / 10 and the dividend payout ratio is 5.94%.