ITALIAN EXHIBITION GROUP SPA (IEG.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:IEG - IT0003411417 - Common Stock
8.46 EUR
+0.16 (+1.93%)
We assign a fundamental rating of 5 out of 10 to IEG. IEG was compared to 66 industry peers in the Media industry. IEG has an excellent profitability rating, but there are some minor concerns on its financial health. IEG is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year IEG was profitable.
IEG had a positive operating cash flow in the past year.
Of the past 5 years IEG 4 years were profitable.
IEG had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
IEG has a Return On Assets of 12.45%. This is amongst the best in the industry. IEG outperforms 100.00% of its industry peers.
IEG has a better Return On Equity (36.74%) than 96.92% of its industry peers.
IEG has a better Return On Invested Capital (22.17%) than 98.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.45% | ||
| ROE | 36.74% | ||
| ROIC | 22.17% |
ROA(3y)3.91%
ROA(5y)1.69%
ROE(3y)12.01%
ROE(5y)5.11%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
IEG has a Profit Margin of 12.13%. This is amongst the best in the industry. IEG outperforms 93.85% of its industry peers.
IEG's Profit Margin has improved in the last couple of years.
IEG has a Operating Margin of 20.56%. This is amongst the best in the industry. IEG outperforms 96.92% of its industry peers.
In the last couple of years the Operating Margin of IEG has grown nicely.
With a Gross Margin value of 46.14%, IEG perfoms like the industry average, outperforming 47.69% of the companies in the same industry.
IEG's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.56% | ||
| PM (TTM) | 12.13% | ||
| GM | 46.14% |
OM growth 3Y24.11%
OM growth 5Y6.18%
PM growth 3Y78.2%
PM growth 5Y12.02%
GM growth 3Y15.88%
GM growth 5Y0.99%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), IEG is creating value.
Compared to 1 year ago, IEG has less shares outstanding
Compared to 5 years ago, IEG has less shares outstanding
The debt/assets ratio for IEG has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.25 indicates that IEG is not a great score, but indicates only limited risk for bankruptcy at the moment.
IEG's Altman-Z score of 2.25 is fine compared to the rest of the industry. IEG outperforms 78.46% of its industry peers.
IEG has a debt to FCF ratio of 6.77. This is a slightly negative value and a sign of low solvency as IEG would need 6.77 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 6.77, IEG is in line with its industry, outperforming 47.69% of the companies in the same industry.
A Debt/Equity ratio of 0.80 indicates that IEG is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.80, IEG perfoms like the industry average, outperforming 55.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | 6.77 | ||
| Altman-Z | 2.25 |
ROIC/WACC3.35
WACC6.62%
2.3 Liquidity
A Current Ratio of 0.79 indicates that IEG may have some problems paying its short term obligations.
IEG has a worse Current ratio (0.79) than 63.08% of its industry peers.
A Quick Ratio of 0.78 indicates that IEG may have some problems paying its short term obligations.
With a Quick ratio value of 0.78, IEG is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 8.39% over the past year.
The Earnings Per Share has been growing by 20.23% on average over the past years. This is a very strong growth
IEG shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.90%.
Measured over the past years, IEG shows a small growth in Revenue. The Revenue has been growing by 7.11% on average per year.
EPS 1Y (TTM)8.39%
EPS 3Y170.14%
EPS 5Y20.23%
EPS Q2Q%-19.39%
Revenue 1Y (TTM)18.9%
Revenue growth 3Y51.12%
Revenue growth 5Y7.11%
Sales Q2Q%12.81%
3.2 Future
IEG is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.26% yearly.
Based on estimates for the next years, IEG will show a small growth in Revenue. The Revenue will grow by 2.23% on average per year.
EPS Next Y1.67%
EPS Next 2Y6.25%
EPS Next 3Y4.26%
EPS Next 5YN/A
Revenue Next Year7.34%
Revenue Next 2Y7.42%
Revenue Next 3Y6.22%
Revenue Next 5Y2.23%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
IEG is valuated cheaply with a Price/Earnings ratio of 5.22.
Based on the Price/Earnings ratio, IEG is valued cheaply inside the industry as 93.85% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.39, IEG is valued rather cheaply.
A Price/Forward Earnings ratio of 8.09 indicates a reasonable valuation of IEG.
Compared to the rest of the industry, the Price/Forward Earnings ratio of IEG indicates a somewhat cheap valuation: IEG is cheaper than 76.92% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.84. IEG is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.22 | ||
| Fwd PE | 8.09 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of IEG indicates a rather cheap valuation: IEG is cheaper than 87.69% of the companies listed in the same industry.
IEG's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.51 | ||
| EV/EBITDA | 3.37 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
IEG has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)3.12
PEG (5Y)0.26
EPS Next 2Y6.25%
EPS Next 3Y4.26%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.36%, IEG has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.20, IEG has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 1.87, IEG pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.36% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
12.29% of the earnings are spent on dividend by IEG. This is a low number and sustainable payout ratio.
DP12.29%
EPS Next 2Y6.25%
EPS Next 3Y4.26%
BIT:IEG (12/19/2025, 7:00:00 PM)
8.46
+0.16 (+1.93%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners15.16%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap261.08M
Revenue(TTM)409.98M
Net Income(TTM)49.72M
Analysts82.86
Price Target10.81 (27.78%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.36% |
Yearly Dividend0.14
Dividend Growth(5Y)N/A
DP12.29%
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)7.8%
PT rev (3m)7.8%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)2.3%
EPS NY rev (3m)2.3%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.29%
Revenue NY rev (3m)0.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.22 | ||
| Fwd PE | 8.09 | ||
| P/S | 0.64 | ||
| P/FCF | 13.51 | ||
| P/OCF | 6.18 | ||
| P/B | 1.93 | ||
| P/tB | 3.53 | ||
| EV/EBITDA | 3.37 |
EPS(TTM)1.62
EY19.15%
EPS(NY)1.05
Fwd EY12.36%
FCF(TTM)0.63
FCFY7.4%
OCF(TTM)1.37
OCFY16.17%
SpS13.29
BVpS4.39
TBVpS2.4
PEG (NY)3.12
PEG (5Y)0.26
Graham Number12.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.45% | ||
| ROE | 36.74% | ||
| ROCE | 30.81% | ||
| ROIC | 22.17% | ||
| ROICexc | 26.04% | ||
| ROICexgc | 35.36% | ||
| OM | 20.56% | ||
| PM (TTM) | 12.13% | ||
| GM | 46.14% | ||
| FCFM | 4.72% |
ROA(3y)3.91%
ROA(5y)1.69%
ROE(3y)12.01%
ROE(5y)5.11%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y90.75%
ROICexgc growth 5Y17.75%
ROICexc growth 3Y85.18%
ROICexc growth 5Y15.44%
OM growth 3Y24.11%
OM growth 5Y6.18%
PM growth 3Y78.2%
PM growth 5Y12.02%
GM growth 3Y15.88%
GM growth 5Y0.99%
F-Score6
Asset Turnover1.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | 6.77 | ||
| Debt/EBITDA | 1.04 | ||
| Cap/Depr | 115.78% | ||
| Cap/Sales | 5.58% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 40.57% | ||
| Profit Quality | 38.88% | ||
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 2.25 |
F-Score6
WACC6.62%
ROIC/WACC3.35
Cap/Depr(3y)71.6%
Cap/Depr(5y)52.5%
Cap/Sales(3y)5.64%
Cap/Sales(5y)5.81%
Profit Quality(3y)1249.2%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)8.39%
EPS 3Y170.14%
EPS 5Y20.23%
EPS Q2Q%-19.39%
EPS Next Y1.67%
EPS Next 2Y6.25%
EPS Next 3Y4.26%
EPS Next 5YN/A
Revenue 1Y (TTM)18.9%
Revenue growth 3Y51.12%
Revenue growth 5Y7.11%
Sales Q2Q%12.81%
Revenue Next Year7.34%
Revenue Next 2Y7.42%
Revenue Next 3Y6.22%
Revenue Next 5Y2.23%
EBIT growth 1Y41.96%
EBIT growth 3Y87.55%
EBIT growth 5Y13.74%
EBIT Next Year60.32%
EBIT Next 3Y22.25%
EBIT Next 5Y6.29%
FCF growth 1Y-43.55%
FCF growth 3Y-0.85%
FCF growth 5Y51.4%
OCF growth 1Y8.09%
OCF growth 3Y13.75%
OCF growth 5Y18.5%
ITALIAN EXHIBITION GROUP SPA / IEG.MI FAQ
What is the ChartMill fundamental rating of ITALIAN EXHIBITION GROUP SPA (IEG.MI) stock?
ChartMill assigns a fundamental rating of 5 / 10 to IEG.MI.
What is the valuation status for IEG stock?
ChartMill assigns a valuation rating of 6 / 10 to ITALIAN EXHIBITION GROUP SPA (IEG.MI). This can be considered as Fairly Valued.
How profitable is ITALIAN EXHIBITION GROUP SPA (IEG.MI) stock?
ITALIAN EXHIBITION GROUP SPA (IEG.MI) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for IEG stock?
The Price/Earnings (PE) ratio for ITALIAN EXHIBITION GROUP SPA (IEG.MI) is 5.22 and the Price/Book (PB) ratio is 1.93.
What is the earnings growth outlook for ITALIAN EXHIBITION GROUP SPA?
The Earnings per Share (EPS) of ITALIAN EXHIBITION GROUP SPA (IEG.MI) is expected to grow by 1.67% in the next year.