INDEL B SPA (INDB.MI) Stock Fundamental Analysis
BIT:INDB - Euronext Milan - IT0005245508 - Common Stock - Currency: EUR
Overall INDB gets a fundamental rating of 5 out of 10. We evaluated INDB against 36 industry peers in the Household Durables industry. While INDB has a great health rating, its profitability is only average at the moment. INDB has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
INDB had positive earnings in the past year.
In the past year INDB had a positive cash flow from operations.
INDB had positive earnings in each of the past 5 years.
Of the past 5 years INDB 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of INDB (5.23%) is better than 77.78% of its industry peers.
The Return On Equity of INDB (8.61%) is better than 63.89% of its industry peers.
INDB has a Return On Invested Capital of 6.79%. This is comparable to the rest of the industry: INDB outperforms 55.56% of its industry peers.
The Average Return On Invested Capital over the past 3 years for INDB is significantly below the industry average of 15.15%.
| 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 75.00% 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 55.56% of the companies in the same industry.
In the last couple of years the Operating Margin of INDB has declined.
The Gross Margin of INDB (42.99%) is comparable to the rest of the industry.
INDB's Gross Margin has been stable in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), INDB is creating some value.
INDB has less shares outstanding than it did 1 year ago.
INDB has less shares outstanding than it did 5 years ago.
INDB has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.45 indicates that INDB is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.45, INDB is doing good in the industry, outperforming 63.89% of the companies in the same industry.
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.
INDB's Debt to FCF ratio of 3.11 is amongst the best of the industry. INDB outperforms 83.33% of its industry peers.
A Debt/Equity ratio of 0.09 indicates that INDB is not too dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.09, INDB belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 3.11 | ||
| Altman-Z | 2.45 |
ROIC/WACC1.01
WACC6.72%
2.3 Liquidity
INDB has a Current Ratio of 1.97. 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 Current ratio, with a value of 1.97, INDB is in the better half of the industry, outperforming 69.44% of the companies in the same industry.
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.
Looking at the Quick ratio, with a value of 0.92, INDB is in line with its industry, outperforming 52.78% of the companies in the same 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.
The Earnings Per Share has been decreasing by -6.26% on average over the past years.
INDB shows a decrease in Revenue. In the last year, the revenue decreased by -9.76%.
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
INDB is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.28% yearly.
INDB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.25% yearly.
EPS Next Y-20.44%
EPS Next 2Y3.28%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.44%
Revenue Next 2Y5.04%
Revenue Next 3Y4.25%
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
The Price/Earnings ratio is 9.57, which indicates a very decent valuation of INDB.
Based on the Price/Earnings ratio, INDB is valued a bit cheaper than 77.78% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.82, INDB is valued rather cheaply.
With a Price/Forward Earnings ratio of 10.27, the valuation of INDB can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of INDB is on the same level as its industry peers.
INDB's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.21.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.57 | ||
| Fwd PE | 10.27 |
4.2 Price Multiples
INDB's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of INDB indicates a somewhat cheap valuation: INDB is cheaper than 61.11% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.81 | ||
| EV/EBITDA | 6.17 |
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
INDB has a Yearly Dividend Yield of 4.26%, which is a nice return.
INDB's Dividend Yield is a higher than the industry average which is at 4.69.
Compared to an average S&P500 Dividend Yield of 2.39, INDB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.26% |
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
43.40% of the earnings are spent on dividend by INDB. 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 (8/1/2025, 5:25:32 PM)
18.75
-0.5 (-2.6%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners11.64%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap109.50M
Analysts42.22
Price Target25.5 (36%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.26% |
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)4.17%
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)2.81%
Revenue NY rev (3m)2.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.57 | ||
| Fwd PE | 10.27 | ||
| P/S | 0.55 | ||
| P/FCF | 12.81 | ||
| P/OCF | 6.33 | ||
| P/B | 0.89 | ||
| P/tB | 1.03 | ||
| EV/EBITDA | 6.17 |
EPS(TTM)1.96
EY10.45%
EPS(NY)1.83
Fwd EY9.74%
FCF(TTM)1.46
FCFY7.8%
OCF(TTM)2.96
OCFY15.79%
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 | 2.45 |
F-Score7
WACC6.72%
ROIC/WACC1.01
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 Year1.44%
Revenue Next 2Y5.04%
Revenue Next 3Y4.25%
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%