ITALGAS SPA (IG.MI) Stock Fundamental Analysis
Europe - BIT:IG - IT0005211237 - Common Stock
9.09 EUR
-0.15 (-1.62%)
Overall IG gets a fundamental rating of 6 out of 10. We evaluated IG against 5 industry peers in the Gas Utilities industry. IG has an excellent profitability rating, but there are concerns on its financial health. IG is showing excellent growth while it is valued at reasonable prices. 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.
In the past year IG had a positive cash flow from operations.
IG had positive earnings in each of the past 5 years.
Each year in the past 5 years IG had a positive operating cash flow.
1.2 Ratios
IG has a Return On Assets (4.88%) which is in line with its industry peers.
IG has a Return On Equity of 25.06%. This is amongst the best in the industry. IG outperforms 100.00% of its industry peers.
IG has a better Return On Invested Capital (7.59%) than 75.00% of its industry peers.
IG had an Average Return On Invested Capital over the past 3 years of 5.76%. This is in line with the industry average of 6.35%.
The 3 year average ROIC (5.76%) for IG is below the current ROIC(7.59%), indicating increased profibility in the last year.
| 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 in line with its industry, outperforming 50.00% of the companies in the same industry.
IG's Profit Margin has declined in the last couple of years.
The Operating Margin of IG (38.76%) is better than 75.00% of its industry peers.
In the last couple of years the Operating Margin of IG has grown nicely.
Looking at the Gross Margin, with a value of 58.56%, IG is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
In the last couple of years the Gross Margin of IG has remained more or less at the same level.
| 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.
Compared to 1 year ago, IG has about the same amount of shares outstanding.
Compared to 5 years ago, IG has more shares outstanding
IG has a better debt/assets ratio than last year.
2.2 Solvency
IG has an Altman-Z score of 0.95. 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 0.95, IG is not doing good in the industry: 75.00% 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 Debt to FCF ratio of 33.56. This is in the better half of the industry: IG outperforms 75.00% of its industry peers.
A Debt/Equity ratio of 3.07 is on the high side and indicates that IG has dependencies on debt financing.
IG's Debt to Equity ratio of 3.07 is on the low side compared to the rest of the industry. IG is outperformed by 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.07 | ||
| Debt/FCF | 33.56 | ||
| Altman-Z | 0.95 |
ROIC/WACC1.47
WACC5.16%
2.3 Liquidity
IG has a Current 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.
With a Current ratio value of 0.81, IG perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
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's Quick ratio of 0.77 is fine compared to the rest of the industry. IG outperforms 75.00% 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 23.00%, which is quite impressive.
Measured over the past 5 years, IG shows a small growth in Earnings Per Share. The EPS has been growing by 1.45% on average per year.
The Revenue has grown by 22.05% in the past year. This is a very strong growth!
Measured over the past years, IG shows a small growth in Revenue. The Revenue has been growing by 6.37% on average per year.
EPS 1Y (TTM)23%
EPS 3Y7.35%
EPS 5Y1.45%
EPS Q2Q%41.38%
Revenue 1Y (TTM)22.05%
Revenue growth 3Y5.71%
Revenue growth 5Y6.37%
Sales Q2Q%266.82%
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 9.73% 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 12.85% on average per year.
EPS Next Y18.6%
EPS Next 2Y13.61%
EPS Next 3Y11.64%
EPS Next 5Y9.73%
Revenue Next Year38.85%
Revenue Next 2Y24.64%
Revenue Next 3Y17.91%
Revenue Next 5Y12.85%
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.
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
With a Price/Earnings ratio of 8.74, the valuation of IG can be described as very reasonable.
The rest of the industry has a similar Price/Earnings ratio as IG.
Compared to an average S&P500 Price/Earnings ratio of 26.11, IG is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 12.27, the valuation of IG can be described as correct.
Based on the Price/Forward Earnings ratio, IG is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
IG's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.55.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.74 | ||
| Fwd PE | 12.27 |
4.2 Price Multiples
IG's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, IG is valued a bit cheaper than 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.23 | ||
| EV/EBITDA | 9.6 |
4.3 Compensation for Growth
IG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
IG has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.47
PEG (5Y)6.01
EPS Next 2Y13.61%
EPS Next 3Y11.64%
5. Dividend
5.1 Amount
IG has a Yearly Dividend Yield of 4.39%, which is a nice return.
IG's Dividend Yield is slightly below the industry average, which is at 4.94.
Compared to an average S&P500 Dividend Yield of 2.37, IG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.39% |
5.2 History
On average, the dividend of IG grows each year by 6.22%, which is quite nice.
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 2Y13.61%
EPS Next 3Y11.64%
BIT:IG (10/31/2025, 7:00:00 PM)
9.09
-0.15 (-1.62%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners32.41%
Inst Owner ChangeN/A
Ins Owners3.38%
Ins Owner ChangeN/A
Market Cap9.22B
Revenue(TTM)3.95B
Net Income(TTM)871.52M
Analysts80.87
Price Target8.45 (-7.04%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.39% |
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)10.5%
PT rev (3m)19.26%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)5.09%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.74 | ||
| Fwd PE | 12.27 | ||
| P/S | 2.34 | ||
| P/FCF | 27.23 | ||
| P/OCF | 7.05 | ||
| P/B | 2.65 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.6 |
EPS(TTM)1.04
EY11.44%
EPS(NY)0.74
Fwd EY8.15%
FCF(TTM)0.33
FCFY3.67%
OCF(TTM)1.29
OCFY14.18%
SpS3.89
BVpS3.43
TBVpS-10.65
PEG (NY)0.47
PEG (5Y)6.01
Graham Number8.95
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 | 0.95 |
F-Score4
WACC5.16%
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)23%
EPS 3Y7.35%
EPS 5Y1.45%
EPS Q2Q%41.38%
EPS Next Y18.6%
EPS Next 2Y13.61%
EPS Next 3Y11.64%
EPS Next 5Y9.73%
Revenue 1Y (TTM)22.05%
Revenue growth 3Y5.71%
Revenue growth 5Y6.37%
Sales Q2Q%266.82%
Revenue Next Year38.85%
Revenue Next 2Y24.64%
Revenue Next 3Y17.91%
Revenue Next 5Y12.85%
EBIT growth 1Y34.47%
EBIT growth 3Y11.89%
EBIT growth 5Y9.35%
EBIT Next Year130.41%
EBIT Next 3Y40.19%
EBIT Next 5Y25.44%
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 6 / 10 to IG.MI.
What is the valuation status of ITALGAS SPA (IG.MI) stock?
ChartMill assigns a valuation rating of 6 / 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 7 / 10.
How financially healthy is ITALGAS SPA?
The financial health rating of ITALGAS SPA (IG.MI) is 3 / 10.
Is the dividend of ITALGAS SPA sustainable?
The dividend rating of ITALGAS SPA (IG.MI) is 7 / 10 and the dividend payout ratio is 39.58%.