ITALGAS SPA (IG.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:IG - IT0005211237 - Common Stock
10.48 EUR
+0.64 (+6.5%)
IG gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 5 industry peers in the Gas Utilities industry. IG has a medium profitability rating, but doesn't score so well on its financial health evaluation. IG is valued quite expensive, but it does show an excellent growth. IG also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
IG had positive earnings in the past year.
In the past year IG had a positive cash flow from operations.
Each year in the past 5 years IG has been profitable.
In the past 5 years IG always reported a positive cash flow from operatings.
1.2 Ratios
IG has a Return On Assets of 4.88%. This is in the lower half of the industry: IG underperforms 60.00% of its industry peers.
Looking at the Return On Equity, with a value of 25.06%, IG belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
With a decent Return On Invested Capital value of 7.59%, IG is doing good in the industry, outperforming 80.00% of the companies in the same industry.
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 6.44%.
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
The Profit Margin of IG (22.07%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of IG has declined.
IG's Operating Margin of 38.76% is fine compared to the rest of the industry. IG outperforms 80.00% of its industry peers.
In the last couple of years the Operating Margin of IG has grown nicely.
The Gross Margin of IG (58.56%) is better than 80.00% of its industry peers.
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so IG is still 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
Compared to 1 year ago, IG has an improved debt to assets ratio.
2.2 Solvency
IG has an Altman-Z score of 0.98. This is a bad value and indicates that IG is not financially healthy and even has some risk of bankruptcy.
IG has a worse Altman-Z score (0.98) than 80.00% of its industry peers.
IG has a debt to FCF ratio of 33.56. This is a negative value and a sign of low solvency as IG would need 33.56 years to pay back of all of its debts.
IG has a Debt to FCF ratio of 33.56. This is comparable to the rest of the industry: IG outperforms 60.00% 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.
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 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.07 | ||
| Debt/FCF | 33.56 | ||
| Altman-Z | 0.98 |
ROIC/WACC1.45
WACC5.24%
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 amonst the worse of the industry: IG underperforms 80.00% 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 Quick ratio (0.77) which is in line with 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%.
The Revenue has been growing slightly by 6.80% on average over the past years.
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
IG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.59% yearly.
The Revenue is expected to grow by 15.29% on average over the next years. This is quite good.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last 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 23.29 indicates a rather expensive valuation of IG.
Based on the Price/Earnings ratio, IG is valued expensively inside the industry as 80.00% of the companies are valued cheaper.
Compared to an average S&P500 Price/Earnings ratio of 27.17, IG is valued at the same level.
With a Price/Forward Earnings ratio of 18.26, IG is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of IG is on the same level as its industry peers.
IG is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.79, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.29 | ||
| Fwd PE | 18.26 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, IG is valued a bit more expensive than the industry average as 60.00% of the companies are valued more cheaply.
IG's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.42 | ||
| EV/EBITDA | 9.97 |
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.
IG has a very decent profitability rating, which 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)2.42
PEG (5Y)4.26
EPS Next 2Y12.84%
EPS Next 3Y15.69%
5. Dividend
5.1 Amount
IG has a Yearly Dividend Yield of 4.27%, which is a nice return.
IG's Dividend Yield is slightly below the industry average, which is at 4.84.
IG's Dividend Yield is rather good when compared to the S&P500 average which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.27% |
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
39.58% of the earnings are spent on dividend by IG. This is a low number and sustainable payout ratio.
The dividend of IG is growing, but earnings are growing more, so the dividend growth is sustainable.
DP39.58%
EPS Next 2Y12.84%
EPS Next 3Y15.69%
BIT:IG (1/7/2026, 11:09:08 AM)
10.48
+0.64 (+6.5%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners33.58%
Inst Owner ChangeN/A
Ins Owners3.38%
Ins Owner ChangeN/A
Market Cap10.64B
Revenue(TTM)4.17B
Net Income(TTM)871.52M
Analysts77.5
Price Target9.84 (-6.11%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.27% |
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)25.27%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.21%
EPS NY rev (3m)2.55%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)0.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.29 | ||
| Fwd PE | 18.26 | ||
| P/S | 2.7 | ||
| P/FCF | 31.42 | ||
| P/OCF | 8.14 | ||
| P/B | 3.06 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.97 |
EPS(TTM)0.45
EY4.29%
EPS(NY)0.57
Fwd EY5.48%
FCF(TTM)0.33
FCFY3.18%
OCF(TTM)1.29
OCFY12.29%
SpS3.89
BVpS3.42
TBVpS-10.65
PEG (NY)2.42
PEG (5Y)4.26
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 | 0.98 |
F-Score4
WACC5.24%
ROIC/WACC1.45
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 2 / 10 to ITALGAS SPA (IG.MI). This can be considered as Overvalued.
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.