INFRASTRUTTURE WIRELESS ITAL (INW.MI) Stock Fundamental Analysis
BIT:INW - Euronext Milan - IT0005090300 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to INW. INW was compared to 32 industry peers in the Diversified Telecommunication Services industry. While INW has a great profitability rating, there are quite some concerns on its financial health. While showing a medium growth rate, INW is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year INW was profitable.
INW had a positive operating cash flow in the past year.
Each year in the past 5 years INW has been profitable.
INW had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of INW (3.73%) is better than 62.50% of its industry peers.
INW has a Return On Equity (8.68%) which is in line with its industry peers.
INW's Return On Invested Capital of 5.53% is on the low side compared to the rest of the industry. INW is outperformed by 62.50% of its industry peers.
The Average Return On Invested Capital over the past 3 years for INW is below the industry average of 7.75%.
The 3 year average ROIC (4.87%) for INW is below the current ROIC(5.53%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.73% | ||
| ROE | 8.68% | ||
| ROIC | 5.53% |
ROA(3y)3.51%
ROA(5y)2.86%
ROE(3y)7.69%
ROE(5y)6.15%
ROIC(3y)4.87%
ROIC(5y)4.19%
1.3 Margins
INW has a better Profit Margin (34.16%) 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 Operating Margin of 54.50%. This is amongst the best in the industry. INW outperforms 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.
INW has a better Gross Margin (95.78%) than 96.88% 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 Rank | Sector Rank | ||
|---|---|---|---|
| OM | 54.5% | ||
| PM (TTM) | 34.16% | ||
| GM | 95.78% |
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%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), INW is destroying value.
Compared to 1 year ago, INW has less shares outstanding
INW has more shares outstanding than it did 5 years ago.
The debt/assets ratio for INW is higher compared to a year ago.
2.2 Solvency
INW has an Altman-Z score of 1.57. This is a bad value and indicates that INW is not financially healthy and even has some risk of bankruptcy.
INW has a better Altman-Z score (1.57) than 75.00% of its industry peers.
The Debt to FCF ratio of INW is 15.74, which is on the high side as it means it would take INW, 15.74 years of fcf income to pay off all of its debts.
INW has a worse Debt to FCF ratio (15.74) than 65.63% of its industry peers.
INW has a Debt/Equity ratio of 1.00. This is a neutral value indicating INW is somewhat dependend on debt financing.
INW has a better Debt to Equity ratio (1.00) than 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1 | ||
| Debt/FCF | 15.74 | ||
| Altman-Z | 1.57 |
ROIC/WACC0.77
WACC7.16%
2.3 Liquidity
INW has a Current Ratio of 0.37. This is a bad value and indicates that INW is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.37, INW is not doing good in the industry: 84.38% of the companies in the same industry are doing better.
A Quick Ratio of 0.37 indicates that INW may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.37, INW is doing worse than 84.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.37 | ||
| Quick Ratio | 0.37 |
3. Growth
3.1 Past
INW shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -0.83%.
INW shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.07% yearly.
Looking at the last year, INW shows a small growth in Revenue. The Revenue has grown by 7.89% in the last year.
Measured over the past years, INW shows a very strong growth in Revenue. The Revenue has been growing by 21.25% on average per year.
EPS 1Y (TTM)-0.83%
EPS 3Y19.51%
EPS 5Y9.07%
EPS Q2Q%3.16%
Revenue 1Y (TTM)7.89%
Revenue growth 3Y9.68%
Revenue growth 5Y21.25%
Sales Q2Q%4.58%
3.2 Future
The Earnings Per Share is expected to grow by 9.93% on average over the next years. This is quite good.
The Revenue is expected to grow by 3.60% on average over the next years.
EPS Next Y25.88%
EPS Next 2Y17.48%
EPS Next 3Y10.54%
EPS Next 5Y9.93%
Revenue Next Year4.48%
Revenue Next 2Y4.98%
Revenue Next 3Y4.99%
Revenue Next 5Y3.6%
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.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 28.54, which means the current valuation is very expensive for INW.
INW's Price/Earnings ratio is a bit more expensive when compared to the industry. INW is more expensive than 71.88% of the companies in the same industry.
INW's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.35.
The Price/Forward Earnings ratio is 20.97, which indicates a rather expensive current valuation of INW.
Based on the Price/Forward Earnings ratio, INW is valued a bit more expensive than 75.00% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of INW to the average of the S&P500 Index (22.20), we can say INW is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.54 | ||
| Fwd PE | 20.97 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, INW is valued expensively inside the industry as 81.25% of the companies are valued cheaper.
Based on the Price/Free Cash Flow ratio, INW is valued a bit more expensive than 68.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.54 | ||
| EV/EBITDA | 14.76 |
4.3 Compensation for Growth
INW's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
INW has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.1
PEG (5Y)3.15
EPS Next 2Y17.48%
EPS Next 3Y10.54%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.01%, INW is a good candidate for dividend investing.
INW's Dividend Yield is a higher than the industry average which is at 4.30.
Compared to an average S&P500 Dividend Yield of 2.40, INW pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.01% |
5.2 History
The dividend of INW is nicely growing with an annual growth rate of 17.93%!
Dividend Growth(5Y)17.93%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
INW pays out 127.76% of its income as dividend. 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.
DP127.76%
EPS Next 2Y17.48%
EPS Next 3Y10.54%
BIT:INW (5/28/2025, 9:23:17 AM)
10.275
+0.04 (+0.34%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners19.55%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap9.58B
Analysts72.73
Price Target11.93 (16.11%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.01% |
Yearly Dividend0.48
Dividend Growth(5Y)17.93%
DP127.76%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-20.15%
Min EPS beat(2)-33.99%
Max EPS beat(2)-6.3%
EPS beat(4)0
Avg EPS beat(4)-12.78%
Min EPS beat(4)-33.99%
Max EPS beat(4)-3.05%
EPS beat(8)0
Avg EPS beat(8)-10.38%
EPS beat(12)2
Avg EPS beat(12)-10.22%
EPS beat(16)3
Avg EPS beat(16)-12.51%
Revenue beat(2)0
Avg Revenue beat(2)-1.23%
Min Revenue beat(2)-1.6%
Max Revenue beat(2)-0.86%
Revenue beat(4)0
Avg Revenue beat(4)-1.21%
Min Revenue beat(4)-1.66%
Max Revenue beat(4)-0.73%
Revenue beat(8)0
Avg Revenue beat(8)-1.42%
Revenue beat(12)0
Avg Revenue beat(12)-1.25%
Revenue beat(16)0
Avg Revenue beat(16)-1.22%
PT rev (1m)-2.07%
PT rev (3m)-2.69%
EPS NQ rev (1m)2.5%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-2.52%
Revenue NQ rev (1m)-1.03%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.36%
Revenue NY rev (3m)-0.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.54 | ||
| Fwd PE | 20.97 | ||
| P/S | 9.24 | ||
| P/FCF | 32.54 | ||
| P/OCF | 12.53 | ||
| P/B | 2.35 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.76 |
EPS(TTM)0.36
EY3.5%
EPS(NY)0.49
Fwd EY4.77%
FCF(TTM)0.32
FCFY3.07%
OCF(TTM)0.82
OCFY7.98%
SpS1.11
BVpS4.37
TBVpS-2.65
PEG (NY)1.1
PEG (5Y)3.15
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.73% | ||
| ROE | 8.68% | ||
| ROCE | 6.54% | ||
| ROIC | 5.53% | ||
| ROICexc | 5.61% | ||
| ROICexgc | 24.24% | ||
| OM | 54.5% | ||
| PM (TTM) | 34.16% | ||
| GM | 95.78% | ||
| FCFM | 28.41% |
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%
ROICexcg growth 3Y14.57%
ROICexcg 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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1 | ||
| Debt/FCF | 15.74 | ||
| Debt/EBITDA | 4.26 | ||
| Cap/Depr | 121.12% | ||
| Cap/Sales | 45.34% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 80.22% | ||
| Profit Quality | 83.15% | ||
| Current Ratio | 0.37 | ||
| Quick Ratio | 0.37 | ||
| Altman-Z | 1.57 |
F-Score7
WACC7.16%
ROIC/WACC0.77
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)-0.83%
EPS 3Y19.51%
EPS 5Y9.07%
EPS Q2Q%3.16%
EPS Next Y25.88%
EPS Next 2Y17.48%
EPS Next 3Y10.54%
EPS Next 5Y9.93%
Revenue 1Y (TTM)7.89%
Revenue growth 3Y9.68%
Revenue growth 5Y21.25%
Sales Q2Q%4.58%
Revenue Next Year4.48%
Revenue Next 2Y4.98%
Revenue Next 3Y4.99%
Revenue Next 5Y3.6%
EBIT growth 1Y9.9%
EBIT growth 3Y16.17%
EBIT growth 5Y20.1%
EBIT Next Year74.01%
EBIT Next 3Y24.6%
EBIT Next 5Y15.4%
FCF growth 1Y-5.67%
FCF growth 3YN/A
FCF growth 5Y25.64%
OCF growth 1Y-5.82%
OCF growth 3Y51.94%
OCF growth 5Y20.17%