INDEL B SPA (INDB.MI) Stock Fundamental Analysis
BIT:INDB - Euronext Milan - IT0005245508 - Common Stock - Currency: EUR
INDB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 33 industry peers in the Household Durables industry. Both the profitability and the financial health of INDB get a neutral evaluation. Nothing too spectacular is happening here. INDB has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year INDB was profitable.
In the past year INDB had a positive cash flow from operations.
Each year in the past 5 years INDB has been profitable.
INDB had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
INDB's Return On Assets of 5.23% is fine compared to the rest of the industry. INDB outperforms 78.79% of its industry peers.
The Return On Equity of INDB (8.61%) is better than 60.61% of its industry peers.
INDB's Return On Invested Capital of 6.79% is in line compared to the rest of the industry. INDB outperforms 48.48% of its industry peers.
INDB had an Average Return On Invested Capital over the past 3 years of 7.68%. This is significantly below the industry average of 14.77%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.23% | ||
| ROE | 8.61% | ||
| ROIC | 6.79% |
ROA(3y)5.09%
ROA(5y)6.04%
ROE(3y)8.94%
ROE(5y)10.97%
ROIC(3y)7.68%
ROIC(5y)7.55%
1.3 Margins
Looking at the Profit Margin, with a value of 5.34%, INDB is in the better half of the industry, outperforming 72.73% of the companies in the same industry.
In the last couple of years the Profit Margin of INDB has declined.
With a Operating Margin value of 6.74%, INDB perfoms like the industry average, outperforming 54.55% of the companies in the same industry.
INDB's Operating Margin has declined in the last couple of years.
INDB has a Gross Margin (42.99%) which is in line with its industry peers.
In the last couple of years the Gross Margin of INDB has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.74% | ||
| PM (TTM) | 5.34% | ||
| GM | 42.99% |
OM growth 3Y-8.77%
OM growth 5Y-9.46%
PM growth 3Y-25.75%
PM growth 5Y-12.36%
GM growth 3Y-2.24%
GM growth 5Y0.07%
2. Health
2.1 Basic Checks
INDB has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
INDB has less shares outstanding than it did 1 year ago.
The number of shares outstanding for INDB has been reduced compared to 5 years ago.
Compared to 1 year ago, INDB has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.54 indicates that INDB is not a great score, but indicates only limited risk for bankruptcy at the moment.
INDB has a better Altman-Z score (2.54) than 69.70% of its industry peers.
INDB has a debt to FCF ratio of 3.11. This is a good value and a sign of high solvency as INDB would need 3.11 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 3.11, INDB is doing good in the industry, outperforming 78.79% of the companies in the same industry.
A Debt/Equity ratio of 0.09 indicates that INDB is not too dependend on debt financing.
The Debt to Equity ratio of INDB (0.09) is better than 90.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 3.11 | ||
| Altman-Z | 2.54 |
ROIC/WACC0.95
WACC7.14%
2.3 Liquidity
A Current Ratio of 1.97 indicates that INDB should not have too much problems paying its short term obligations.
INDB's Current ratio of 1.97 is fine compared to the rest of the industry. INDB outperforms 69.70% of its industry peers.
INDB has a Quick Ratio of 1.97. This is a bad value and indicates that INDB is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of INDB (0.92) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.97 | ||
| Quick Ratio | 0.92 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 5.59% over the past year.
INDB shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -6.26% yearly.
Looking at the last year, INDB shows a decrease in Revenue. The Revenue has decreased by -9.76% in the last year.
INDB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.55% yearly.
EPS 1Y (TTM)5.59%
EPS 3Y-22.76%
EPS 5Y-6.26%
EPS Q2Q%114.82%
Revenue 1Y (TTM)-9.76%
Revenue growth 3Y2.41%
Revenue growth 5Y5.55%
Sales Q2Q%-9.5%
3.2 Future
The Earnings Per Share is expected to grow by 3.28% on average over the next years.
The Revenue is expected to grow by 2.08% on average over the next years.
EPS Next Y-20.44%
EPS Next 2Y3.28%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-1.33%
Revenue Next 2Y1.91%
Revenue Next 3Y2.08%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 10.66, the valuation of INDB can be described as reasonable.
Based on the Price/Earnings ratio, INDB is valued a bit cheaper than 60.61% of the companies in the same industry.
INDB's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.29.
Based on the Price/Forward Earnings ratio of 11.45, the valuation of INDB can be described as reasonable.
INDB's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of INDB to the average of the S&P500 Index (22.17), we can say INDB is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.66 | ||
| Fwd PE | 11.45 |
4.2 Price Multiples
INDB's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of INDB is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.28 | ||
| EV/EBITDA | 6.82 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y3.28%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.86%, INDB has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.41, INDB pays a bit more dividend than its industry peers.
INDB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.86% |
5.2 History
The dividend of INDB has a limited annual growth rate of 4.11%.
Dividend Growth(5Y)4.11%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
INDB pays out 43.40% of its income as dividend. This is a bit on the high side, but may be sustainable.
INDB's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP43.4%
EPS Next 2Y3.28%
EPS Next 3YN/A
BIT:INDB (5/30/2025, 7:00:00 PM)
20.9
+0.2 (+0.97%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners15.07%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap122.06M
Analysts42.22
Price Target24.48 (17.13%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.86% |
Yearly Dividend0.85
Dividend Growth(5Y)4.11%
DP43.4%
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)-9.43%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-34.43%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-6.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.66 | ||
| Fwd PE | 11.45 | ||
| P/S | 0.61 | ||
| P/FCF | 14.28 | ||
| P/OCF | 7.06 | ||
| P/B | 0.99 | ||
| P/tB | 1.14 | ||
| EV/EBITDA | 6.82 |
EPS(TTM)1.96
EY9.38%
EPS(NY)1.83
Fwd EY8.74%
FCF(TTM)1.46
FCFY7%
OCF(TTM)2.96
OCFY14.17%
SpS34.17
BVpS21.19
TBVpS18.27
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.23% | ||
| ROE | 8.61% | ||
| ROCE | 9.44% | ||
| ROIC | 6.79% | ||
| ROICexc | 7.66% | ||
| ROICexgc | 8.85% | ||
| OM | 6.74% | ||
| PM (TTM) | 5.34% | ||
| GM | 42.99% | ||
| FCFM | 4.28% |
ROA(3y)5.09%
ROA(5y)6.04%
ROE(3y)8.94%
ROE(5y)10.97%
ROIC(3y)7.68%
ROIC(5y)7.55%
ROICexc(3y)9.07%
ROICexc(5y)9.38%
ROICexgc(3y)10.58%
ROICexgc(5y)11.18%
ROCE(3y)10.7%
ROCE(5y)10.5%
ROICexcg growth 3Y-10.76%
ROICexcg growth 5Y-10.12%
ROICexc growth 3Y-9.04%
ROICexc growth 5Y-9.21%
OM growth 3Y-8.77%
OM growth 5Y-9.46%
PM growth 3Y-25.75%
PM growth 5Y-12.36%
GM growth 3Y-2.24%
GM growth 5Y0.07%
F-Score7
Asset Turnover0.98
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 3.11 | ||
| Debt/EBITDA | 0.56 | ||
| Cap/Depr | 148.68% | ||
| Cap/Sales | 4.38% | ||
| Interest Coverage | 13.09 | ||
| Cash Conversion | 89.46% | ||
| Profit Quality | 80.18% | ||
| Current Ratio | 1.97 | ||
| Quick Ratio | 0.92 | ||
| Altman-Z | 2.54 |
F-Score7
WACC7.14%
ROIC/WACC0.95
Cap/Depr(3y)130.37%
Cap/Depr(5y)133.09%
Cap/Sales(3y)3.54%
Cap/Sales(5y)3.91%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)5.59%
EPS 3Y-22.76%
EPS 5Y-6.26%
EPS Q2Q%114.82%
EPS Next Y-20.44%
EPS Next 2Y3.28%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-9.76%
Revenue growth 3Y2.41%
Revenue growth 5Y5.55%
Sales Q2Q%-9.5%
Revenue Next Year-1.33%
Revenue Next 2Y1.91%
Revenue Next 3Y2.08%
Revenue Next 5YN/A
EBIT growth 1Y-16.48%
EBIT growth 3Y-6.57%
EBIT growth 5Y-4.44%
EBIT Next Year25.15%
EBIT Next 3Y17.08%
EBIT Next 5YN/A
FCF growth 1Y-65.56%
FCF growth 3YN/A
FCF growth 5Y2.06%
OCF growth 1Y-48.25%
OCF growth 3Y45.93%
OCF growth 5Y1.35%