IMMOBILIARE GRANDE DISTRIBUZ (IGD.MI) Stock Fundamental Analysis
Europe - BIT:IGD - IT0005322612 - REIT
3.495 EUR
-0.07 (-2.1%)
IGD gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 39 industry peers in the Diversified REITs industry. IGD has a medium profitability rating, but doesn't score so well on its financial health evaluation. IGD has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
IGD had positive earnings in the past year.
In the past year IGD had a positive cash flow from operations.
IGD had negative earnings in 4 of the past 5 years.
IGD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.82%, IGD is doing worse than 66.67% of the companies in the same industry.
With a Return On Equity value of 1.56%, IGD is not doing good in the industry: 64.10% of the companies in the same industry are doing better.
Looking at the Return On Invested Capital, with a value of 5.84%, IGD belongs to the top of the industry, outperforming 97.44% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for IGD is in line with the industry average of 3.49%.
The 3 year average ROIC (3.96%) for IGD is below the current ROIC(5.84%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.82% | ||
| ROE | 1.56% | ||
| ROIC | 5.84% |
ROA(3y)-2.2%
ROA(5y)-1.48%
ROE(3y)-4.42%
ROE(5y)-3.08%
ROIC(3y)3.96%
ROIC(5y)3.84%
1.3 Margins
The Profit Margin of IGD (7.18%) is worse than 64.10% of its industry peers.
IGD has a Operating Margin (65.35%) which is comparable to the rest of the industry.
IGD's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 85.86%, IGD is in the better half of the industry, outperforming 74.36% of the companies in the same industry.
In the last couple of years the Gross Margin of IGD has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 65.35% | ||
| PM (TTM) | 7.18% | ||
| GM | 85.86% |
OM growth 3Y-2.82%
OM growth 5Y-2.28%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.68%
GM growth 5Y-1.13%
2. Health
2.1 Basic Checks
IGD has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
IGD has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, IGD has about the same amount of shares outstanding.
Compared to 1 year ago, IGD has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.86, we must say that IGD is in the distress zone and has some risk of bankruptcy.
IGD's Altman-Z score of 0.86 is in line compared to the rest of the industry. IGD outperforms 53.85% of its industry peers.
The Debt to FCF ratio of IGD is 22.55, which is on the high side as it means it would take IGD, 22.55 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of IGD (22.55) is worse than 61.54% of its industry peers.
A Debt/Equity ratio of 0.79 indicates that IGD is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.79, IGD is not doing good in the industry: 69.23% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 22.55 | ||
| Altman-Z | 0.86 |
ROIC/WACC1.14
WACC5.11%
2.3 Liquidity
A Current Ratio of 0.52 indicates that IGD may have some problems paying its short term obligations.
IGD has a Current ratio (0.52) which is in line with its industry peers.
IGD has a Quick Ratio of 0.52. This is a bad value and indicates that IGD is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.23, IGD is not doing good in the industry: 74.36% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.52 | ||
| Quick Ratio | 0.23 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 127.60% over the past year.
The Revenue has decreased by -6.63% in the past year.
The Revenue has been decreasing by -2.17% on average over the past years.
EPS 1Y (TTM)127.6%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%132.59%
Revenue 1Y (TTM)-6.63%
Revenue growth 3Y-1.5%
Revenue growth 5Y-2.17%
Sales Q2Q%-5.1%
3.2 Future
IGD is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 30.76% yearly.
Based on estimates for the next years, IGD will show a decrease in Revenue. The Revenue will decrease by -0.91% on average per year.
EPS Next Y81.71%
EPS Next 2Y48.61%
EPS Next 3Y30.76%
EPS Next 5YN/A
Revenue Next Year-1.39%
Revenue Next 2Y-0.49%
Revenue Next 3Y-0.91%
Revenue Next 5YN/A
3.3 Evolution
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
The Price/Earnings ratio is 24.96, which indicates a rather expensive current valuation of IGD.
64.10% of the companies in the same industry are cheaper than IGD, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.29, IGD is valued at the same level.
IGD is valuated reasonably with a Price/Forward Earnings ratio of 8.03.
Based on the Price/Forward Earnings ratio, IGD is valued cheaply inside the industry as 92.31% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.85, IGD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.96 | ||
| Fwd PE | 8.03 |
4.2 Price Multiples
IGD's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. IGD is cheaper than 100.00% of the companies in the same industry.
IGD's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. IGD is cheaper than 61.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.81 | ||
| EV/EBITDA | 8.47 |
4.3 Compensation for Growth
IGD's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as IGD's earnings are expected to grow with 30.76% in the coming years.
PEG (NY)0.31
PEG (5Y)N/A
EPS Next 2Y48.61%
EPS Next 3Y30.76%
5. Dividend
5.1 Amount
IGD has a Yearly Dividend Yield of 2.88%. Purely for dividend investing, there may be better candidates out there.
IGD's Dividend Yield is slightly below the industry average, which is at 5.56.
IGD's Dividend Yield is a higher than the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.88% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
IGD pays out 72.52% of its income as dividend. This is not a sustainable payout ratio.
DP72.52%
EPS Next 2Y48.61%
EPS Next 3Y30.76%
BIT:IGD (10/17/2025, 5:29:50 PM)
3.495
-0.07 (-2.1%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners10.05%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap385.64M
Analysts77.14
Price Target3.57 (2.15%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.88% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP72.52%
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)3.96%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)1.09%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.96 | ||
| Fwd PE | 8.03 | ||
| P/S | 1.83 | ||
| P/FCF | 10.81 | ||
| P/OCF | 7.11 | ||
| P/B | 0.4 | ||
| P/tB | 0.4 | ||
| EV/EBITDA | 8.47 |
EPS(TTM)0.14
EY4.01%
EPS(NY)0.43
Fwd EY12.45%
FCF(TTM)0.32
FCFY9.25%
OCF(TTM)0.49
OCFY14.06%
SpS1.91
BVpS8.77
TBVpS8.71
PEG (NY)0.31
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.82% | ||
| ROE | 1.56% | ||
| ROCE | 7.78% | ||
| ROIC | 5.84% | ||
| ROICexc | 5.85% | ||
| ROICexgc | 5.87% | ||
| OM | 65.35% | ||
| PM (TTM) | 7.18% | ||
| GM | 85.86% | ||
| FCFM | 16.94% |
ROA(3y)-2.2%
ROA(5y)-1.48%
ROE(3y)-4.42%
ROE(5y)-3.08%
ROIC(3y)3.96%
ROIC(5y)3.84%
ROICexc(3y)3.98%
ROICexc(5y)3.95%
ROICexgc(3y)4%
ROICexgc(5y)3.97%
ROCE(3y)5.28%
ROCE(5y)5.12%
ROICexcg growth 3Y0.48%
ROICexcg growth 5Y1.75%
ROICexc growth 3Y0.47%
ROICexc growth 5Y1.77%
OM growth 3Y-2.82%
OM growth 5Y-2.28%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.68%
GM growth 5Y-1.13%
F-Score4
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 22.55 | ||
| Debt/EBITDA | 5.42 | ||
| Cap/Depr | 533.97% | ||
| Cap/Sales | 8.81% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 38.44% | ||
| Profit Quality | 236.12% | ||
| Current Ratio | 0.52 | ||
| Quick Ratio | 0.23 | ||
| Altman-Z | 0.86 |
F-Score4
WACC5.11%
ROIC/WACC1.14
Cap/Depr(3y)1166.19%
Cap/Depr(5y)1734.49%
Cap/Sales(3y)16.55%
Cap/Sales(5y)14.34%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)127.6%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%132.59%
EPS Next Y81.71%
EPS Next 2Y48.61%
EPS Next 3Y30.76%
EPS Next 5YN/A
Revenue 1Y (TTM)-6.63%
Revenue growth 3Y-1.5%
Revenue growth 5Y-2.17%
Sales Q2Q%-5.1%
Revenue Next Year-1.39%
Revenue Next 2Y-0.49%
Revenue Next 3Y-0.91%
Revenue Next 5YN/A
EBIT growth 1Y-14.24%
EBIT growth 3Y-4.28%
EBIT growth 5Y-4.39%
EBIT Next Year26.01%
EBIT Next 3Y8.51%
EBIT Next 5Y5.8%
FCF growth 1Y-39.76%
FCF growth 3Y-23.29%
FCF growth 5Y-12.37%
OCF growth 1Y-41.18%
OCF growth 3Y-16.1%
OCF growth 5Y-12.89%