ITALGAS SPA (IG.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:IG - IT0005211237 - Common Stock
9.515 EUR
+0.15 (+1.6%)
Overall IG gets a fundamental rating of 5 out of 10. We evaluated IG against 5 industry peers in the Gas Utilities industry. There are concerns on the financial health of IG while its profitability can be described as average. IG is not priced too expensively while it is growing strongly. Keep and eye on this one! Finally IG also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year IG was profitable.
IG had a positive operating cash flow in the past year.
Each year in the past 5 years IG has been profitable.
Each year in the past 5 years IG had a positive operating cash flow.
1.2 Ratios
The Return On Assets of IG (4.88%) is worse than 60.00% of its industry peers.
IG has a better Return On Equity (25.06%) than 100.00% of its industry peers.
IG has a better Return On Invested Capital (7.59%) than 80.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for IG is in line with the industry average of 6.27%.
The last Return On Invested Capital (7.59%) for IG is above the 3 year average (5.76%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.88% | ||
| ROE | 25.06% | ||
| ROIC | 7.59% |
ROA(3y)3.88%
ROA(5y)3.89%
ROE(3y)19.36%
ROE(5y)19.88%
ROIC(3y)5.76%
ROIC(5y)5.76%
1.3 Margins
Looking at the Profit Margin, with a value of 22.07%, IG is doing worse than 60.00% of the companies in the same industry.
In the last couple of years the Profit Margin of IG has declined.
The Operating Margin of IG (38.76%) is better than 80.00% of its industry peers.
In the last couple of years the Operating Margin of IG has grown nicely.
With a Gross Margin value of 58.56%, IG perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
IG's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 38.76% | ||
| PM (TTM) | 22.07% | ||
| GM | 58.56% |
OM growth 3Y5.85%
OM growth 5Y2.8%
PM growth 3Y3.77%
PM growth 5Y-3.36%
GM growth 3Y0.16%
GM growth 5Y0.23%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), IG is creating some value.
IG has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for IG has been increased compared to 5 years ago.
IG has a better debt/assets ratio than last year.
2.2 Solvency
IG has an Altman-Z score of 0.97. This is a bad value and indicates that IG is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.97, IG is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
The Debt to FCF ratio of IG is 33.56, which is on the high side as it means it would take IG, 33.56 years of fcf income to pay off all of its debts.
IG has a better Debt to FCF ratio (33.56) than 80.00% of its industry peers.
IG has a Debt/Equity ratio of 3.07. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 3.07, IG is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.07 | ||
| Debt/FCF | 33.56 | ||
| Altman-Z | 0.97 |
ROIC/WACC1.47
WACC5.18%
2.3 Liquidity
A Current Ratio of 0.81 indicates that IG may have some problems paying its short term obligations.
IG has a Current ratio of 0.81. This is in the lower half of the industry: IG underperforms 60.00% of its industry peers.
IG has a Quick Ratio of 0.81. This is a bad value and indicates that IG is not financially healthy enough and could expect problems in meeting its short term obligations.
IG has a better Quick ratio (0.77) than 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.77 |
3. Growth
3.1 Past
IG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 50.00%, which is quite impressive.
IG shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.46% yearly.
IG shows a strong growth in Revenue. In the last year, the Revenue has grown by 27.28%.
Measured over the past years, IG shows a small growth in Revenue. The Revenue has been growing by 6.80% on average per year.
EPS 1Y (TTM)50%
EPS 3Y-30.18%
EPS 5Y5.46%
EPS Q2Q%17.13%
Revenue 1Y (TTM)27.28%
Revenue growth 3Y6.24%
Revenue growth 5Y6.8%
Sales Q2Q%54.19%
3.2 Future
Based on estimates for the next years, IG will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.59% on average per year.
Based on estimates for the next years, IG will show a quite strong growth in Revenue. The Revenue will grow by 15.29% on average per year.
EPS Next Y9.62%
EPS Next 2Y12.84%
EPS Next 3Y15.69%
EPS Next 5Y13.59%
Revenue Next Year23.48%
Revenue Next 2Y10.88%
Revenue Next 3Y19.75%
Revenue Next 5Y15.29%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 21.14 indicates a rather expensive valuation of IG.
Compared to the rest of the industry, the Price/Earnings ratio of IG indicates a slightly more expensive valuation: IG is more expensive than 60.00% of the companies listed in the same industry.
IG's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.51.
A Price/Forward Earnings ratio of 16.58 indicates a correct valuation of IG.
The rest of the industry has a similar Price/Forward Earnings ratio as IG.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.13, IG is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.14 | ||
| Fwd PE | 16.58 |
4.2 Price Multiples
IG's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of IG indicates a somewhat cheap valuation: IG is cheaper than 80.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.53 | ||
| EV/EBITDA | 9.81 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates IG does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of IG may justify a higher PE ratio.
IG's earnings are expected to grow with 15.69% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.2
PEG (5Y)3.87
EPS Next 2Y12.84%
EPS Next 3Y15.69%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.32%, IG is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.58, IG is paying slightly less dividend.
IG's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.32% |
5.2 History
The dividend of IG is nicely growing with an annual growth rate of 6.22%!
Dividend Growth(5Y)6.22%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
IG pays out 39.58% of its income as dividend. This is a sustainable payout ratio.
IG's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP39.58%
EPS Next 2Y12.84%
EPS Next 3Y15.69%
BIT:IG (12/30/2025, 7:00:00 PM)
9.515
+0.15 (+1.6%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners33.15%
Inst Owner ChangeN/A
Ins Owners3.38%
Ins Owner ChangeN/A
Market Cap9.66B
Revenue(TTM)4.17B
Net Income(TTM)871.52M
Analysts77.5
Price Target9.84 (3.42%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.32% |
Yearly Dividend0.35
Dividend Growth(5Y)6.22%
DP39.58%
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)0.85%
PT rev (3m)28.61%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.77%
EPS NY rev (3m)2.55%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)0.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.14 | ||
| Fwd PE | 16.58 | ||
| P/S | 2.45 | ||
| P/FCF | 28.53 | ||
| P/OCF | 7.39 | ||
| P/B | 2.78 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.81 |
EPS(TTM)0.45
EY4.73%
EPS(NY)0.57
Fwd EY6.03%
FCF(TTM)0.33
FCFY3.51%
OCF(TTM)1.29
OCFY13.54%
SpS3.89
BVpS3.42
TBVpS-10.65
PEG (NY)2.2
PEG (5Y)3.87
Graham Number5.89
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.88% | ||
| ROE | 25.06% | ||
| ROCE | 9.83% | ||
| ROIC | 7.59% | ||
| ROICexc | 7.78% | ||
| ROICexgc | 122.81% | ||
| OM | 38.76% | ||
| PM (TTM) | 22.07% | ||
| GM | 58.56% | ||
| FCFM | 8.58% |
ROA(3y)3.88%
ROA(5y)3.89%
ROE(3y)19.36%
ROE(5y)19.88%
ROIC(3y)5.76%
ROIC(5y)5.76%
ROICexc(3y)5.99%
ROICexc(5y)6.22%
ROICexgc(3y)75.97%
ROICexgc(5y)N/A
ROCE(3y)7.65%
ROCE(5y)7.56%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y2.21%
ROICexc growth 5Y1.43%
OM growth 3Y5.85%
OM growth 5Y2.8%
PM growth 3Y3.77%
PM growth 5Y-3.36%
GM growth 3Y0.16%
GM growth 5Y0.23%
F-Score4
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.07 | ||
| Debt/FCF | 33.56 | ||
| Debt/EBITDA | 5.09 | ||
| Cap/Depr | 170.7% | ||
| Cap/Sales | 24.55% | ||
| Interest Coverage | 9.24 | ||
| Cash Conversion | 62.34% | ||
| Profit Quality | 38.87% | ||
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.77 | ||
| Altman-Z | 0.97 |
F-Score4
WACC5.18%
ROIC/WACC1.47
Cap/Depr(3y)164.61%
Cap/Depr(5y)169.68%
Cap/Sales(3y)35.08%
Cap/Sales(5y)36.12%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)50%
EPS 3Y-30.18%
EPS 5Y5.46%
EPS Q2Q%17.13%
EPS Next Y9.62%
EPS Next 2Y12.84%
EPS Next 3Y15.69%
EPS Next 5Y13.59%
Revenue 1Y (TTM)27.28%
Revenue growth 3Y6.24%
Revenue growth 5Y6.8%
Sales Q2Q%54.19%
Revenue Next Year23.48%
Revenue Next 2Y10.88%
Revenue Next 3Y19.75%
Revenue Next 5Y15.29%
EBIT growth 1Y34.47%
EBIT growth 3Y11.89%
EBIT growth 5Y9.35%
EBIT Next Year134.8%
EBIT Next 3Y42.13%
EBIT Next 5Y26.54%
FCF growth 1Y190.01%
FCF growth 3Y117.41%
FCF growth 5Y51.61%
OCF growth 1Y219.31%
OCF growth 3Y9.38%
OCF growth 5Y8.67%
ITALGAS SPA / IG.MI FAQ
Can you provide the ChartMill fundamental rating for ITALGAS SPA?
ChartMill assigns a fundamental rating of 5 / 10 to IG.MI.
Can you provide the valuation status for ITALGAS SPA?
ChartMill assigns a valuation rating of 4 / 10 to ITALGAS SPA (IG.MI). This can be considered as Fairly Valued.
How profitable is ITALGAS SPA (IG.MI) stock?
ITALGAS SPA (IG.MI) has a profitability rating of 6 / 10.
What is the financial health of ITALGAS SPA (IG.MI) stock?
The financial health rating of ITALGAS SPA (IG.MI) is 2 / 10.
Can you provide the expected EPS growth for IG stock?
The Earnings per Share (EPS) of ITALGAS SPA (IG.MI) is expected to grow by 9.62% in the next year.