INFRASTRUTTURE WIRELESS ITAL (INW.MI) Fundamental Analysis & Valuation

BIT:INW • IT0005090300

8.685 EUR
+0.07 (+0.84%)
Last: Mar 4, 2026, 07:00 PM

This INW.MI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to INW. INW was compared to 30 industry peers in the Diversified Telecommunication Services industry. There are concerns on the financial health of INW while its profitability can be described as average. INW is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

6

1. INW.MI Profitability Analysis

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.
  • In the past 5 years INW always reported a positive cash flow from operatings.
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

  • Looking at the Return On Assets, with a value of 3.80%, INW is in line with its industry, outperforming 56.67% of the companies in the same industry.
  • INW has a Return On Equity of 9.79%. This is comparable to the rest of the industry: INW outperforms 56.67% of its industry peers.
  • With a Return On Invested Capital value of 5.44%, INW is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
  • Measured over the past 3 years, the Average Return On Invested Capital for INW is below the industry average of 8.35%.
  • The last Return On Invested Capital (5.44%) for INW is above the 3 year average (4.87%), which is a sign of increasing profitability.
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.
  • With an excellent Operating Margin value of 54.69%, INW belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
  • In the last couple of years the Operating Margin of INW has remained more or less at the same level.
  • Looking at the Gross Margin, with a value of 95.93%, INW belongs to the top of the industry, outperforming 96.67% of the companies in the same industry.
  • 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. INW.MI Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), INW is destroying value.
  • The number of shares outstanding for INW has been reduced compared to 1 year ago.
  • INW has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for INW is higher compared to a year ago.
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

  • Based on the Altman-Z score of 1.36, we must say that INW is in the distress zone and has some risk of bankruptcy.
  • INW's Altman-Z score of 1.36 is fine compared to the rest of the industry. INW outperforms 66.67% of its industry peers.
  • INW has a debt to FCF ratio of 16.62. This is a negative value and a sign of low solvency as INW would need 16.62 years to pay back of all of its debts.
  • INW's Debt to FCF ratio of 16.62 is on the low side compared to the rest of the industry. INW is outperformed by 60.00% of its industry peers.
  • A Debt/Equity ratio of 1.31 is on the high side and indicates that INW has dependencies on debt financing.
  • With a Debt to Equity ratio value of 1.31, INW is not doing good in the industry: 63.33% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.31
Debt/FCF 16.62
Altman-Z 1.36
ROIC/WACC0.81
WACC6.74%
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

  • INW has a Current 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's Current ratio of 0.72 is on the low side compared to the rest of the industry. INW is outperformed by 70.00% of its industry peers.
  • A Quick Ratio of 0.72 indicates that INW may have some problems paying its short term obligations.
  • With a Quick ratio value of 0.72, INW perfoms like the industry average, outperforming 46.67% of the companies in the same industry.
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. INW.MI Growth Analysis

3.1 Past

  • INW shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -1.59%.
  • INW shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.07% yearly.
  • INW shows a small growth in Revenue. In the last year, the Revenue has grown by 7.89%.
  • INW shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 21.25% yearly.
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 10.68% on average per year.
  • The Revenue is expected to grow by 3.88% on average over the next years.
EPS Next Y20.88%
EPS Next 2Y14.68%
EPS Next 3Y8.25%
EPS Next 5Y10.68%
Revenue Next Year4.2%
Revenue Next 2Y4.62%
Revenue Next 3Y4.65%
Revenue Next 5Y3.88%

3.3 Evolution

  • The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
  • 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

2

4. INW.MI Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 23.47 indicates a rather expensive valuation of INW.
  • Compared to the rest of the industry, the Price/Earnings ratio of INW is on the same level as its industry peers.
  • The average S&P500 Price/Earnings ratio is at 27.03. INW is around the same levels.
  • The Price/Forward Earnings ratio is 18.60, which indicates a rather expensive current valuation of INW.
  • The rest of the industry has a similar Price/Forward Earnings ratio as INW.
  • INW's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.11.
Industry RankSector Rank
PE 23.47
Fwd PE 18.6
INW.MI Price Earnings VS Forward Price EarningsINW.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 70.00% of the companies in the same industry are cheaper than INW, based on the Enterprise Value to EBITDA ratio.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of INW indicates a slightly more expensive valuation: INW is more expensive than 73.33% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 26.66
EV/EBITDA 13.24
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)1.12
PEG (5Y)2.59
EPS Next 2Y14.68%
EPS Next 3Y8.25%

6

5. INW.MI Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 5.83%, INW is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 3.04, INW pays a better dividend. On top of this INW pays more dividend than 83.33% of the companies listed in the same industry.
  • INW's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 5.83%

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.
  • INW's earnings are growing slower than its dividend. 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

INW.MI Fundamentals: All Metrics, Ratios and Statistics

INFRASTRUTTURE WIRELESS ITAL

BIT:INW (3/4/2026, 7:00:00 PM)

8.685

+0.07 (+0.84%)

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 Cap8.09B
Revenue(TTM)1.04B
Net Income(TTM)360.12M
Analysts69.09
Price Target10.25 (18.02%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.83%
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)-3.03%
PT rev (3m)-9.46%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
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 23.47
Fwd PE 18.6
P/S 7.64
P/FCF 26.66
P/OCF 10.74
P/B 2.2
P/tB N/A
EV/EBITDA 13.24
EPS(TTM)0.37
EY4.26%
EPS(NY)0.47
Fwd EY5.38%
FCF(TTM)0.33
FCFY3.75%
OCF(TTM)0.81
OCFY9.31%
SpS1.14
BVpS3.95
TBVpS-3.03
PEG (NY)1.12
PEG (5Y)2.59
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 1.36
F-Score7
WACC6.74%
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 5Y10.68%
Revenue 1Y (TTM)7.89%
Revenue growth 3Y9.68%
Revenue growth 5Y21.25%
Sales Q2Q%4.12%
Revenue Next Year4.2%
Revenue Next 2Y4.62%
Revenue Next 3Y4.65%
Revenue Next 5Y3.88%
EBIT growth 1Y6.69%
EBIT growth 3Y16.17%
EBIT growth 5Y20.1%
EBIT Next Year73.07%
EBIT Next 3Y24.53%
EBIT Next 5Y15.8%
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 2 / 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%.