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INFRASTRUTTURE WIRELESS ITAL (INW.MI) Stock Fundamental Analysis

Europe - Euronext Milan - BIT:INW - IT0005090300 - Common Stock

7.34 EUR
-0.14 (-1.87%)
Last: 1/20/2026, 4:47:14 PM
Fundamental Rating

4

Taking everything into account, INW scores 4 out of 10 in our fundamental rating. INW was compared to 36 industry peers in the Diversified Telecommunication Services industry. While INW has a great profitability rating, there are quite some concerns on its financial health. INW is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

7

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.
  • Each year in the past 5 years INW has 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

  • With a Return On Assets value of 3.80%, INW perfoms like the industry average, outperforming 47.22% of the companies in the same industry.
  • INW's Return On Equity of 9.79% is in line compared to the rest of the industry. INW outperforms 47.22% of its industry peers.
  • INW has a Return On Invested Capital of 5.44%. This is comparable to the rest of the industry: INW outperforms 41.67% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for INW is below the industry average of 7.93%.
  • 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's Profit Margin of 33.99% is amongst the best of the industry. INW outperforms 100.00% of its industry peers.
  • INW's Profit Margin has been stable in the last couple of years.
  • The Operating Margin of INW (54.69%) is better than 100.00% of its industry peers.
  • INW's Operating Margin has been stable in the last couple of years.
  • INW's Gross Margin of 95.93% is amongst the best of the industry. INW outperforms 97.22% 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.
  • 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.
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 1.25, we must say that INW is in the distress zone and has some risk of bankruptcy.
  • INW has a Altman-Z score of 1.25. This is in the better half of the industry: INW outperforms 61.11% 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 has a Debt to FCF ratio of 16.62. This is in the lower half of the industry: INW underperforms 63.89% of its industry peers.
  • INW has a Debt/Equity ratio of 1.31. This is a high value indicating a heavy dependency on external financing.
  • Looking at the Debt to Equity ratio, with a value of 1.31, INW is doing worse than 69.44% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.31
Debt/FCF 16.62
Altman-Z 1.25
ROIC/WACC0.82
WACC6.64%
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.
  • The Current ratio of INW (0.72) is worse than 61.11% of 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 (0.72) which is comparable to the rest of the 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. Growth

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.
  • Looking at the last year, INW shows a small growth in Revenue. The Revenue has grown by 7.89% in the last year.
  • 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

  • The Earnings Per Share is expected to grow by 11.11% on average over the next years. This is quite good.
  • INW is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.28% yearly.
EPS Next Y20.8%
EPS Next 2Y15.01%
EPS Next 3Y9.42%
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

  • The Price/Earnings ratio is 19.84, which indicates a rather expensive current valuation of INW.
  • INW's Price/Earnings is on the same level as the industry average.
  • Compared to an average S&P500 Price/Earnings ratio of 27.38, INW is valued a bit cheaper.
  • With a Price/Forward Earnings ratio of 15.63, INW is valued correctly.
  • INW's Price/Forward Earnings ratio is in line with the industry average.
  • INW is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.29, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 19.84
Fwd PE 15.63
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

  • 77.78% 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 69.44% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 22.53
EV/EBITDA 12.16
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 low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • The decent profitability rating of INW may justify a higher PE ratio.
PEG (NY)0.95
PEG (5Y)2.19
EPS Next 2Y15.01%
EPS Next 3Y9.42%

6

5. Dividend

5.1 Amount

  • INW has a Yearly Dividend Yield of 6.78%, which is a nice return.
  • In the last 3 months the price of INW has falen by -24.44%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
  • Compared to an average industry Dividend Yield of 3.36, INW pays a better dividend. On top of this INW pays more dividend than 88.89% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.84, INW pays a better dividend.
Industry RankSector Rank
Dividend Yield 6.78%

5.2 History

  • On average, the dividend of INW grows each year by 18.29%, which is quite nice.
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 2Y15.01%
EPS Next 3Y9.42%
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 (1/20/2026, 4:47:14 PM)

7.34

-0.14 (-1.87%)

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 Cap6.84B
Revenue(TTM)1.04B
Net Income(TTM)360.12M
Analysts69.09
Price Target10.57 (44.01%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 6.78%
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)-5.4%
PT rev (3m)-11.77%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-0.26%
EPS NY rev (3m)1%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.09%
Revenue NY rev (3m)-0.27%
Valuation
Industry RankSector Rank
PE 19.84
Fwd PE 15.63
P/S 6.46
P/FCF 22.53
P/OCF 9.07
P/B 1.86
P/tB N/A
EV/EBITDA 12.16
EPS(TTM)0.37
EY5.04%
EPS(NY)0.47
Fwd EY6.4%
FCF(TTM)0.33
FCFY4.44%
OCF(TTM)0.81
OCFY11.02%
SpS1.14
BVpS3.95
TBVpS-3.03
PEG (NY)0.95
PEG (5Y)2.19
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 1.25
F-Score7
WACC6.64%
ROIC/WACC0.82
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 Y20.8%
EPS Next 2Y15.01%
EPS Next 3Y9.42%
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 7 / 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%.