INDEL B SPA (INDB.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:INDB - IT0005245508 - Common Stock
19.6 EUR
+0.1 (+0.51%)
Taking everything into account, INDB scores 5 out of 10 in our fundamental rating. INDB was compared to 34 industry peers in the Household Durables industry. INDB has an average financial health and profitability rating. INDB is valued correctly, but it does not seem to be growing. Finally INDB also has an excellent dividend rating. These ratings could make INDB a good candidate for dividend investing.
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.
- In the past 5 years INDB has always 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 4.08% is fine compared to the rest of the industry. INDB outperforms 79.41% of its industry peers.
- Looking at the Return On Equity, with a value of 7.64%, INDB is in the better half of the industry, outperforming 70.59% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 5.27%, INDB is in the better half of the industry, outperforming 61.76% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for INDB is in line with the industry average of 9.16%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.08% | ||
| ROE | 7.64% | ||
| ROIC | 5.27% |
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 79.41% of the companies in the same industry.
- In the last couple of years the Profit Margin of INDB has declined.
- With a decent Operating Margin value of 6.74%, INDB is doing good in the industry, outperforming 64.71% of the companies in the same industry.
- INDB's Operating Margin has declined in the last couple of years.
- INDB's Gross Margin of 42.99% is in line compared to the rest of the industry. INDB outperforms 55.88% of 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.
- Compared to 1 year ago, INDB has less shares outstanding
- 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 1.99 indicates that INDB is not a great score, but indicates only limited risk for bankruptcy at the moment.
- With a Altman-Z score value of 1.99, INDB perfoms like the industry average, outperforming 52.94% of the companies in the same industry.
- The Debt to FCF ratio of INDB is 9.81, which is on the high side as it means it would take INDB, 9.81 years of fcf income to pay off all of its debts.
- INDB has a Debt to FCF ratio of 9.81. This is in the better half of the industry: INDB outperforms 61.76% of its industry peers.
- A Debt/Equity ratio of 0.26 indicates that INDB is not too dependend on debt financing.
- With a decent Debt to Equity ratio value of 0.26, INDB is doing good in the industry, outperforming 76.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 9.81 | ||
| Altman-Z | 1.99 |
ROIC/WACC0.78
WACC6.74%
2.3 Liquidity
- INDB has a Current Ratio of 2.05. This indicates that INDB is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Current ratio, with a value of 2.05, INDB is in the better half of the industry, outperforming 73.53% of the companies in the same industry.
- INDB has a Quick Ratio of 1.10. This is a normal value and indicates that INDB is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 1.10, INDB is in the better half of the industry, outperforming 76.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.05 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
- INDB shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.59%.
- INDB shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -6.26% yearly.
- INDB shows a decrease in Revenue. In the last year, the revenue decreased by -9.76%.
- Measured over the past years, INDB shows a small growth in Revenue. The Revenue has been growing by 5.55% on average per year.
EPS 1Y (TTM)5.59%
EPS 3Y-22.76%
EPS 5Y-6.26%
EPS Q2Q%174.19%
Revenue 1Y (TTM)-9.76%
Revenue growth 3Y2.41%
Revenue growth 5Y5.55%
Sales Q2Q%-1.94%
3.2 Future
- The Earnings Per Share is expected to grow by 10.31% on average over the next years. This is quite good.
- Based on estimates for the next years, INDB will show a small growth in Revenue. The Revenue will grow by 3.80% on average per year.
EPS Next Y-7.11%
EPS Next 2Y13.33%
EPS Next 3Y10.31%
EPS Next 5YN/A
Revenue Next Year0.45%
Revenue Next 2Y4.34%
Revenue Next 3Y3.8%
Revenue Next 5YN/A
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.
- 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
- INDB is valuated reasonably with a Price/Earnings ratio of 10.00.
- Based on the Price/Earnings ratio, INDB is valued a bit cheaper than the industry average as 79.41% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Earnings ratio of 27.54, INDB is valued rather cheaply.
- INDB is valuated cheaply with a Price/Forward Earnings ratio of 6.65.
- 85.29% of the companies in the same industry are more expensive than INDB, based on the Price/Forward Earnings ratio.
- INDB's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10 | ||
| Fwd PE | 6.65 |
4.2 Price Multiples
- INDB's Enterprise Value to EBITDA is on the same level as the industry average.
- INDB's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.78 | ||
| EV/EBITDA | 7.14 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y13.33%
EPS Next 3Y10.31%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.15%, INDB is a good candidate for dividend investing.
- INDB's Dividend Yield is a higher than the industry average which is at 2.66.
- Compared to an average S&P500 Dividend Yield of 1.92, INDB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.15% |
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
- 41.75% of the earnings are spent on dividend by INDB. This is a bit on the high side, but may be sustainable.
- The dividend of INDB is growing, but earnings are growing more, so the dividend growth is sustainable.
DP41.75%
EPS Next 2Y13.33%
EPS Next 3Y10.31%
BIT:INDB (1/9/2026, 7:00:00 PM)
19.6
+0.1 (+0.51%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)10-23 2025-10-23
Earnings (Next)04-10 2026-04-10
Inst Owners10.92%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap114.46M
Revenue(TTM)199.57M
Net Income(TTM)10.66M
Analysts42.22
Price Target26.52 (35.31%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.15% |
Yearly Dividend0.85
Dividend Growth(5Y)4.11%
DP41.75%
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)4%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)7.73%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.98%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10 | ||
| Fwd PE | 6.65 | ||
| P/S | 0.57 | ||
| P/FCF | 18.78 | ||
| P/OCF | 8.16 | ||
| P/B | 0.82 | ||
| P/tB | 1.19 | ||
| EV/EBITDA | 7.14 |
EPS(TTM)1.96
EY10%
EPS(NY)2.95
Fwd EY15.04%
FCF(TTM)1.04
FCFY5.33%
OCF(TTM)2.4
OCFY12.25%
SpS34.17
BVpS23.88
TBVpS16.47
PEG (NY)N/A
PEG (5Y)N/A
Graham Number32.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.08% | ||
| ROE | 7.64% | ||
| ROCE | 7.35% | ||
| ROIC | 5.27% | ||
| ROICexc | 6.37% | ||
| ROICexgc | 8.89% | ||
| OM | 6.74% | ||
| PM (TTM) | 5.34% | ||
| GM | 42.99% | ||
| FCFM | 3.05% |
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%
ROICexgc growth 3Y-10.76%
ROICexgc 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-Score6
Asset Turnover0.76
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 9.81 | ||
| Debt/EBITDA | 1.84 | ||
| Cap/Depr | 126.12% | ||
| Cap/Sales | 3.97% | ||
| Interest Coverage | 10.53 | ||
| Cash Conversion | 71.05% | ||
| Profit Quality | 57.19% | ||
| Current Ratio | 2.05 | ||
| Quick Ratio | 1.1 | ||
| Altman-Z | 1.99 |
F-Score6
WACC6.74%
ROIC/WACC0.78
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%174.19%
EPS Next Y-7.11%
EPS Next 2Y13.33%
EPS Next 3Y10.31%
EPS Next 5YN/A
Revenue 1Y (TTM)-9.76%
Revenue growth 3Y2.41%
Revenue growth 5Y5.55%
Sales Q2Q%-1.94%
Revenue Next Year0.45%
Revenue Next 2Y4.34%
Revenue Next 3Y3.8%
Revenue Next 5YN/A
EBIT growth 1Y-16.48%
EBIT growth 3Y-6.57%
EBIT growth 5Y-4.44%
EBIT Next Year41.32%
EBIT Next 3Y23.16%
EBIT Next 5YN/A
FCF growth 1Y-64.2%
FCF growth 3YN/A
FCF growth 5Y2.06%
OCF growth 1Y-35.1%
OCF growth 3Y45.93%
OCF growth 5Y1.35%
INDEL B SPA / INDB.MI FAQ
Can you provide the ChartMill fundamental rating for INDEL B SPA?
ChartMill assigns a fundamental rating of 5 / 10 to INDB.MI.
What is the valuation status for INDB stock?
ChartMill assigns a valuation rating of 5 / 10 to INDEL B SPA (INDB.MI). This can be considered as Fairly Valued.
How profitable is INDEL B SPA (INDB.MI) stock?
INDEL B SPA (INDB.MI) has a profitability rating of 5 / 10.
How financially healthy is INDEL B SPA?
The financial health rating of INDEL B SPA (INDB.MI) is 6 / 10.
What is the earnings growth outlook for INDEL B SPA?
The Earnings per Share (EPS) of INDEL B SPA (INDB.MI) is expected to decline by -7.11% in the next year.