INFRASTRUTTURE WIRELESS ITAL (INW.MI) Stock Fundamental Analysis

Europe Euronext Milan BIT:INW • IT0005090300

8.19 EUR
+0.23 (+2.89%)
Last: Feb 9, 2026, 05:36 PM
Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to INW. INW was compared to 33 industry peers in the Diversified Telecommunication Services industry. INW has a medium profitability rating, but doesn't score so well on its financial health evaluation. INW is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • INW had positive earnings in the past year.
  • INW had a positive operating cash flow in the past year.
  • In the past 5 years INW has always been profitable.
  • Each year in the past 5 years INW had a positive operating cash flow.
INW.MI Yearly Net Income VS EBIT VS OCF VS FCFINW.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M

1.2 Ratios

  • The Return On Assets of INW (3.80%) is comparable to the rest of the industry.
  • INW has a Return On Equity of 9.79%. This is comparable to the rest of the industry: INW outperforms 48.48% of its industry peers.
  • INW has a worse Return On Invested Capital (5.44%) than 66.67% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for INW is below the industry average of 8.59%.
  • The 3 year average ROIC (4.87%) for INW is below the current ROIC(5.44%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 3.8%
ROE 9.79%
ROIC 5.44%
ROA(3y)3.51%
ROA(5y)2.86%
ROE(3y)7.69%
ROE(5y)6.15%
ROIC(3y)4.87%
ROIC(5y)4.19%
INW.MI Yearly ROA, ROE, ROICINW.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8

1.3 Margins

  • INW has a better Profit Margin (33.99%) than 100.00% of its industry peers.
  • In the last couple of years the Profit Margin of INW has remained more or less at the same level.
  • INW has a better Operating Margin (54.69%) than 100.00% of its industry peers.
  • In the last couple of years the Operating Margin of INW has remained more or less at the same level.
  • The Gross Margin of INW (95.93%) is better than 96.97% of its industry peers.
  • In the last couple of years the Gross Margin of INW has remained more or less at the same level.
Industry RankSector Rank
OM 54.69%
PM (TTM) 33.99%
GM 95.93%
OM growth 3Y5.91%
OM growth 5Y-0.94%
PM growth 3Y11.91%
PM growth 5Y-0.62%
GM growth 3Y0.21%
GM growth 5Y0.24%
INW.MI Yearly Profit, Operating, Gross MarginsINW.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60 80

1

2. Health

2.1 Basic Checks

  • INW has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • INW has less shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, INW has more shares outstanding
  • Compared to 1 year ago, INW has a worse debt to assets ratio.
INW.MI Yearly Shares OutstandingINW.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M
INW.MI Yearly Total Debt VS Total AssetsINW.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B

2.2 Solvency

  • INW has an Altman-Z score of 1.30. This is a bad value and indicates that INW is not financially healthy and even has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 1.30, INW is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
  • The Debt to FCF ratio of INW is 16.62, which is on the high side as it means it would take INW, 16.62 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 16.62, INW is doing worse than 60.61% of the companies in the same industry.
  • A Debt/Equity ratio of 1.31 is on the high side and indicates that INW has dependencies on debt financing.
  • The Debt to Equity ratio of INW (1.31) is worse than 66.67% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.31
Debt/FCF 16.62
Altman-Z 1.3
ROIC/WACC0.81
WACC6.7%
INW.MI Yearly LT Debt VS Equity VS FCFINW.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B 4B

2.3 Liquidity

  • A Current Ratio of 0.72 indicates that INW may have some problems paying its short term obligations.
  • INW has a Current ratio (0.72) which is in line with its industry peers.
  • INW has a Quick Ratio of 0.72. This is a bad value and indicates that INW is not financially healthy enough and could expect problems in meeting its short term obligations.
  • INW has a Quick ratio of 0.72. This is comparable to the rest of the industry: INW outperforms 48.48% of its industry peers.
Industry RankSector Rank
Current Ratio 0.72
Quick Ratio 0.72
INW.MI Yearly Current Assets VS Current LiabilitesINW.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

5

3. Growth

3.1 Past

  • The earnings per share for INW have decreased by -1.59% in the last year.
  • Measured over the past years, INW shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.07% on average per year.
  • The Revenue has been growing slightly by 7.89% in the past year.
  • The Revenue has been growing by 21.25% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-1.59%
EPS 3Y19.51%
EPS 5Y9.07%
EPS Q2Q%6.38%
Revenue 1Y (TTM)7.89%
Revenue growth 3Y9.68%
Revenue growth 5Y21.25%
Sales Q2Q%4.12%

3.2 Future

  • Based on estimates for the next years, INW will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.11% on average per year.
  • The Revenue is expected to grow by 4.28% on average over the next years.
EPS Next Y20.88%
EPS Next 2Y14.68%
EPS Next 3Y8.25%
EPS Next 5Y11.11%
Revenue Next Year4.2%
Revenue Next 2Y4.71%
Revenue Next 3Y4.82%
Revenue Next 5Y4.28%

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.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
INW.MI Yearly Revenue VS EstimatesINW.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 500M 1B
INW.MI Yearly EPS VS EstimatesINW.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 0.2 0.4 0.6

3

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 22.14, the valuation of INW can be described as rather expensive.
  • INW's Price/Earnings is on the same level as the industry average.
  • Compared to an average S&P500 Price/Earnings ratio of 27.93, INW is valued a bit cheaper.
  • The Price/Forward Earnings ratio is 17.54, which indicates a rather expensive current valuation of INW.
  • INW's Price/Forward Earnings is on the same level as the industry average.
  • The average S&P500 Price/Forward Earnings ratio is at 27.77. INW is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 22.14
Fwd PE 17.54
INW.MI Price Earnings VS Forward Price EarningsINW.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, INW is valued a bit more expensive than the industry average as 75.76% of the companies are valued more cheaply.
  • 66.67% of the companies in the same industry are cheaper than INW, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 25.14
EV/EBITDA 12.62
INW.MI Per share dataINW.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 -2

4.3 Compensation for Growth

  • INW's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • The decent profitability rating of INW may justify a higher PE ratio.
PEG (NY)1.06
PEG (5Y)2.44
EPS Next 2Y14.68%
EPS Next 3Y8.25%

6

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 6.44%, INW is a good candidate for dividend investing.
  • INW's Dividend Yield is rather good when compared to the industry average which is at 2.92. INW pays more dividend than 90.91% of the companies in the same industry.
  • INW's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
Industry RankSector Rank
Dividend Yield 6.44%

5.2 History

  • The dividend of INW is nicely growing with an annual growth rate of 18.29%!
Dividend Growth(5Y)18.29%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • 133.08% of the earnings are spent on dividend by INW. This is not a sustainable payout ratio.
  • The dividend of INW is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP133.08%
EPS Next 2Y14.68%
EPS Next 3Y8.25%
INW.MI Yearly Income VS Free CF VS DividendINW.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M
INW.MI Dividend Payout.INW.MI Dividend Payout, showing the Payout Ratio.INW.MI Dividend Payout.PayoutRetained Earnings

INFRASTRUTTURE WIRELESS ITAL

BIT:INW (2/9/2026, 5:36:15 PM)

8.19

+0.23 (+2.89%)

Chartmill FA Rating
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)11-10
Earnings (Next)03-10
Inst Owners17.25%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap7.63B
Revenue(TTM)1.04B
Net Income(TTM)360.12M
Analysts69.09
Price Target10.25 (25.15%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 6.44%
Yearly Dividend0.49
Dividend Growth(5Y)18.29%
DP133.08%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-3.64%
Min EPS beat(2)-5.34%
Max EPS beat(2)-1.95%
EPS beat(4)0
Avg EPS beat(4)-11.9%
Min EPS beat(4)-33.99%
Max EPS beat(4)-1.95%
EPS beat(8)0
Avg EPS beat(8)-9.42%
EPS beat(12)1
Avg EPS beat(12)-9.93%
EPS beat(16)3
Avg EPS beat(16)-9.83%
Revenue beat(2)0
Avg Revenue beat(2)-1.13%
Min Revenue beat(2)-1.35%
Max Revenue beat(2)-0.92%
Revenue beat(4)0
Avg Revenue beat(4)-1.18%
Min Revenue beat(4)-1.6%
Max Revenue beat(4)-0.86%
Revenue beat(8)0
Avg Revenue beat(8)-1.27%
Revenue beat(12)0
Avg Revenue beat(12)-1.34%
Revenue beat(16)0
Avg Revenue beat(16)-1.22%
PT rev (1m)-7.05%
PT rev (3m)-12.99%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0.06%
EPS NY rev (3m)1.7%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.18%
Valuation
Industry RankSector Rank
PE 22.14
Fwd PE 17.54
P/S 7.2
P/FCF 25.14
P/OCF 10.13
P/B 2.08
P/tB N/A
EV/EBITDA 12.62
EPS(TTM)0.37
EY4.52%
EPS(NY)0.47
Fwd EY5.7%
FCF(TTM)0.33
FCFY3.98%
OCF(TTM)0.81
OCFY9.88%
SpS1.14
BVpS3.95
TBVpS-3.03
PEG (NY)1.06
PEG (5Y)2.44
Graham Number5.73
Profitability
Industry RankSector Rank
ROA 3.8%
ROE 9.79%
ROCE 6.43%
ROIC 5.44%
ROICexc 5.51%
ROICexgc 20.43%
OM 54.69%
PM (TTM) 33.99%
GM 95.93%
FCFM 28.65%
ROA(3y)3.51%
ROA(5y)2.86%
ROE(3y)7.69%
ROE(5y)6.15%
ROIC(3y)4.87%
ROIC(5y)4.19%
ROICexc(3y)4.93%
ROICexc(5y)4.24%
ROICexgc(3y)21.62%
ROICexgc(5y)19.06%
ROCE(3y)5.76%
ROCE(5y)4.95%
ROICexgc growth 3Y14.57%
ROICexgc growth 5Y1.61%
ROICexc growth 3Y17.14%
ROICexc growth 5Y-7.75%
OM growth 3Y5.91%
OM growth 5Y-0.94%
PM growth 3Y11.91%
PM growth 5Y-0.62%
GM growth 3Y0.21%
GM growth 5Y0.24%
F-Score7
Asset Turnover0.11
Health
Industry RankSector Rank
Debt/Equity 1.31
Debt/FCF 16.62
Debt/EBITDA 4.93
Cap/Depr 112.73%
Cap/Sales 42.49%
Interest Coverage 250
Cash Conversion 77.01%
Profit Quality 84.31%
Current Ratio 0.72
Quick Ratio 0.72
Altman-Z 1.3
F-Score7
WACC6.7%
ROIC/WACC0.81
Cap/Depr(3y)124.22%
Cap/Depr(5y)109.37%
Cap/Sales(3y)49.04%
Cap/Sales(5y)45.58%
Profit Quality(3y)88.14%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-1.59%
EPS 3Y19.51%
EPS 5Y9.07%
EPS Q2Q%6.38%
EPS Next Y20.88%
EPS Next 2Y14.68%
EPS Next 3Y8.25%
EPS Next 5Y11.11%
Revenue 1Y (TTM)7.89%
Revenue growth 3Y9.68%
Revenue growth 5Y21.25%
Sales Q2Q%4.12%
Revenue Next Year4.2%
Revenue Next 2Y4.71%
Revenue Next 3Y4.82%
Revenue Next 5Y4.28%
EBIT growth 1Y6.69%
EBIT growth 3Y16.17%
EBIT growth 5Y20.1%
EBIT Next Year73.14%
EBIT Next 3Y24.64%
EBIT Next 5Y16.25%
FCF growth 1Y35.64%
FCF growth 3YN/A
FCF growth 5Y25.64%
OCF growth 1Y-1.05%
OCF growth 3Y51.94%
OCF growth 5Y20.17%

INFRASTRUTTURE WIRELESS ITAL / INW.MI FAQ

What is the ChartMill fundamental rating of INFRASTRUTTURE WIRELESS ITAL (INW.MI) stock?

ChartMill assigns a fundamental rating of 4 / 10 to INW.MI.


What is the valuation status for INW stock?

ChartMill assigns a valuation rating of 3 / 10 to INFRASTRUTTURE WIRELESS ITAL (INW.MI). This can be considered as Overvalued.


Can you provide the profitability details for INFRASTRUTTURE WIRELESS ITAL?

INFRASTRUTTURE WIRELESS ITAL (INW.MI) has a profitability rating of 6 / 10.


Can you provide the financial health for INW stock?

The financial health rating of INFRASTRUTTURE WIRELESS ITAL (INW.MI) is 1 / 10.


Is the dividend of INFRASTRUTTURE WIRELESS ITAL sustainable?

The dividend rating of INFRASTRUTTURE WIRELESS ITAL (INW.MI) is 6 / 10 and the dividend payout ratio is 133.08%.