INNOVATEC SPA (INC.MI) Stock Fundamental Analysis
BIT:INC - Euronext Milan - IT0005412298 - Common Stock - Currency: EUR
We assign a fundamental rating of 3 out of 10 to INC. INC was compared to 57 industry peers in the Electrical Equipment industry. INC may be in some trouble as it scores bad on both profitability and health. INC is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
INC had negative earnings in the past year.
INC had a positive operating cash flow in the past year.
Of the past 5 years INC 4 years were profitable.
Each year in the past 5 years INC had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of -3.14%, INC is in line with its industry, outperforming 43.86% of the companies in the same industry.
With a Return On Equity value of -31.77%, INC is not doing good in the industry: 78.95% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.14% | ||
| ROE | -31.77% | ||
| ROIC | N/A |
ROA(3y)0.36%
ROA(5y)1.03%
ROE(3y)-2.06%
ROE(5y)4.57%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
INC's Gross Margin of 32.52% is in line compared to the rest of the industry. INC outperforms 42.11% of its industry peers.
In the last couple of years the Gross Margin of INC has grown nicely.
The Profit Margin and Operating Margin are not available for INC so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 32.52% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.41%
GM growth 5Y5.98%
2. Health
2.1 Basic Checks
INC does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, INC has about the same amount of shares outstanding.
INC has more shares outstanding than it did 5 years ago.
INC has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.62, we must say that INC is in the distress zone and has some risk of bankruptcy.
INC's Altman-Z score of 0.62 is on the low side compared to the rest of the industry. INC is outperformed by 73.68% of its industry peers.
The Debt to FCF ratio of INC is 24.49, which is on the high side as it means it would take INC, 24.49 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 24.49, INC is in line with its industry, outperforming 52.63% of the companies in the same industry.
A Debt/Equity ratio of 1.45 is on the high side and indicates that INC has dependencies on debt financing.
INC has a worse Debt to Equity ratio (1.45) than 84.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.45 | ||
| Debt/FCF | 24.49 | ||
| Altman-Z | 0.62 |
ROIC/WACCN/A
WACC6.97%
2.3 Liquidity
INC has a Current Ratio of 0.78. This is a bad value and indicates that INC is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.78, INC is doing worse than 92.98% of the companies in the same industry.
INC has a Quick Ratio of 0.78. This is a bad value and indicates that INC is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.61, INC is doing worse than 87.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.61 |
3. Growth
3.1 Past
The earnings per share for INC have decreased strongly by -17666.67% in the last year.
Looking at the last year, INC shows a decrease in Revenue. The Revenue has decreased by -2.74% in the last year.
Measured over the past years, INC shows a very strong growth in Revenue. The Revenue has been growing by 37.55% on average per year.
EPS 1Y (TTM)-17666.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-420.77%
Revenue 1Y (TTM)-2.74%
Revenue growth 3Y15.33%
Revenue growth 5Y37.55%
Sales Q2Q%-14.32%
3.2 Future
The Earnings Per Share is expected to grow by 58.11% on average over the next years. This is a very strong growth
Based on estimates for the next years, INC will show a quite strong growth in Revenue. The Revenue will grow by 12.42% on average per year.
EPS Next Y70%
EPS Next 2Y58.11%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year17.27%
Revenue Next 2Y17.48%
Revenue Next 3Y12.42%
Revenue Next 5YN/A
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for INC. In the last year negative earnings were reported.
Based on the Price/Forward Earnings ratio of 1.68, the valuation of INC can be described as very cheap.
INC's Price/Forward Earnings ratio is rather cheap when compared to the industry. INC is cheaper than 100.00% of the companies in the same industry.
INC is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 1.68 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, INC is valued cheaper than 98.25% of the companies in the same industry.
INC's Price/Free Cash Flow ratio is rather cheap when compared to the industry. INC is cheaper than 85.96% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.56 | ||
| EV/EBITDA | 3.54 |
4.3 Compensation for Growth
INC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
INC's earnings are expected to grow with 58.11% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y58.11%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for INC!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BIT:INC (7/11/2025, 7:00:00 PM)
0.289
-0.01 (-3.67%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners0.39%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap27.87M
Analysts80
Price Target1.84 (536.68%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
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)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 1.68 | ||
| P/S | 0.13 | ||
| P/FCF | 9.56 | ||
| P/OCF | 0.97 | ||
| P/B | 0.87 | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.54 |
EPS(TTM)-0.11
EYN/A
EPS(NY)0.17
Fwd EY59.41%
FCF(TTM)0.03
FCFY10.46%
OCF(TTM)0.3
OCFY103.55%
SpS2.2
BVpS0.33
TBVpS-0.47
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.14% | ||
| ROE | -31.77% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 32.52% | ||
| FCFM | 1.38% |
ROA(3y)0.36%
ROA(5y)1.03%
ROE(3y)-2.06%
ROE(5y)4.57%
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
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.41%
GM growth 5Y5.98%
F-Score4
Asset Turnover0.66
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.45 | ||
| Debt/FCF | 24.49 | ||
| Debt/EBITDA | 1.84 | ||
| Cap/Depr | 97.86% | ||
| Cap/Sales | 12.23% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 114.07% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.61 | ||
| Altman-Z | 0.62 |
F-Score4
WACC6.97%
ROIC/WACCN/A
Cap/Depr(3y)126.11%
Cap/Depr(5y)146.54%
Cap/Sales(3y)8.41%
Cap/Sales(5y)7.08%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-17666.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-420.77%
EPS Next Y70%
EPS Next 2Y58.11%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-2.74%
Revenue growth 3Y15.33%
Revenue growth 5Y37.55%
Sales Q2Q%-14.32%
Revenue Next Year17.27%
Revenue Next 2Y17.48%
Revenue Next 3Y12.42%
Revenue Next 5YN/A
EBIT growth 1Y-109.94%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year135.95%
EBIT Next 3Y45.25%
EBIT Next 5YN/A
FCF growth 1Y152.72%
FCF growth 3Y-41.71%
FCF growth 5Y-21.78%
OCF growth 1Y309.11%
OCF growth 3Y8.36%
OCF growth 5Y14.62%