ITALMOBILIARE SPA (ITM.MI) Stock Fundamental Analysis
BIT:ITM - Euronext Milan - IT0005253205 - Common Stock - Currency: EUR
Overall ITM gets a fundamental rating of 5 out of 10. We evaluated ITM against 15 industry peers in the Industrial Conglomerates industry. Both the profitability and the financial health of ITM get a neutral evaluation. Nothing too spectacular is happening here. ITM has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year ITM was profitable.
In the past year ITM had a positive cash flow from operations.
Each year in the past 5 years ITM has been profitable.
Of the past 5 years ITM 4 years had a positive operating cash flow.
1.2 Ratios
ITM's Return On Assets of 3.88% is in line compared to the rest of the industry. ITM outperforms 53.33% of its industry peers.
ITM has a worse Return On Equity (6.32%) than 73.33% of its industry peers.
With a Return On Invested Capital value of 5.34%, ITM perfoms like the industry average, outperforming 53.33% of the companies in the same industry.
ITM had an Average Return On Invested Capital over the past 3 years of 3.99%. This is below the industry average of 6.58%.
The last Return On Invested Capital (5.34%) for ITM is above the 3 year average (3.99%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.88% | ||
| ROE | 6.32% | ||
| ROIC | 5.34% |
ROA(3y)2.62%
ROA(5y)3.67%
ROE(3y)4.08%
ROE(5y)5.39%
ROIC(3y)3.99%
ROIC(5y)4.87%
1.3 Margins
The Profit Margin of ITM (13.35%) is comparable to the rest of the industry.
ITM's Profit Margin has improved in the last couple of years.
The Operating Margin of ITM (17.52%) is better than 73.33% of its industry peers.
In the last couple of years the Operating Margin of ITM has declined.
Looking at the Gross Margin, with a value of 63.17%, ITM belongs to the top of the industry, outperforming 86.67% of the companies in the same industry.
In the last couple of years the Gross Margin of ITM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.52% | ||
| PM (TTM) | 13.35% | ||
| GM | 63.17% |
OM growth 3Y-17.16%
OM growth 5Y-1.93%
PM growth 3Y-22.22%
PM growth 5Y3.53%
GM growth 3Y-3.59%
GM growth 5Y1.91%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ITM is destroying value.
The number of shares outstanding for ITM remains at a similar level compared to 1 year ago.
Compared to 5 years ago, ITM has more shares outstanding
ITM has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.12 indicates that ITM is not a great score, but indicates only limited risk for bankruptcy at the moment.
ITM has a Altman-Z score (2.12) which is in line with its industry peers.
A Debt/Equity ratio of 0.12 indicates that ITM is not too dependend on debt financing.
ITM's Debt to Equity ratio of 0.12 is amongst the best of the industry. ITM outperforms 93.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.12 |
ROIC/WACC0.73
WACC7.35%
2.3 Liquidity
ITM has a Current Ratio of 1.65. This is a normal value and indicates that ITM is financially healthy and should not expect problems in meeting its short term obligations.
ITM has a Current ratio of 1.65. This is in the better half of the industry: ITM outperforms 66.67% of its industry peers.
A Quick Ratio of 1.42 indicates that ITM should not have too much problems paying its short term obligations.
ITM has a Quick ratio of 1.42. This is in the better half of the industry: ITM outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.65 | ||
| Quick Ratio | 1.42 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 40.61% over the past year.
The Earnings Per Share has been growing slightly by 7.90% on average over the past years.
The Revenue has grown by 19.74% in the past year. This is quite good.
ITM shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.39% yearly.
EPS 1Y (TTM)40.61%
EPS 3Y-12.45%
EPS 5Y7.9%
EPS Q2Q%-34.69%
Revenue 1Y (TTM)19.74%
Revenue growth 3Y12.52%
Revenue growth 5Y4.39%
Sales Q2Q%20.96%
3.2 Future
The Earnings Per Share is expected to decrease by -1.61% on average over the next years.
ITM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.73% yearly.
EPS Next Y-19.76%
EPS Next 2Y-8.92%
EPS Next 3Y-1.61%
EPS Next 5YN/A
Revenue Next Year10.47%
Revenue Next 2Y8.38%
Revenue Next 3Y7.73%
Revenue Next 5YN/A
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 decreasing.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 12.10, the valuation of ITM can be described as correct.
ITM's Price/Earnings ratio is a bit cheaper when compared to the industry. ITM is cheaper than 66.67% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.52, ITM is valued rather cheaply.
With a Price/Forward Earnings ratio of 14.94, ITM is valued correctly.
ITM's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.25. ITM is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.1 | ||
| Fwd PE | 14.94 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ITM indicates a somewhat cheap valuation: ITM is cheaper than 66.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.03 |
4.3 Compensation for Growth
The decent profitability rating of ITM may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.53
EPS Next 2Y-8.92%
EPS Next 3Y-1.61%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.38%, ITM has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.85, ITM pays a bit more dividend than its industry peers.
ITM's Dividend Yield is a higher than the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.38% |
5.2 History
On average, the dividend of ITM grows each year by 40.97%, which is quite nice.
Dividend Growth(5Y)40.97%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
157.36% of the earnings are spent on dividend by ITM. This is not a sustainable payout ratio.
ITM's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP157.36%
EPS Next 2Y-8.92%
EPS Next 3Y-1.61%
BIT:ITM (6/6/2025, 5:18:25 PM)
26.75
0 (0%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryIndustrial Conglomerates
Earnings (Last)
Earnings (Next)
Inst Owners19.58%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.14B
Analysts86.67
Price Target37.74 (41.08%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.38% |
Yearly Dividend3.48
Dividend Growth(5Y)40.97%
DP157.36%
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)-3.9%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-27.17%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.91%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.1 | ||
| Fwd PE | 14.94 | ||
| P/S | 1.62 | ||
| P/FCF | N/A | ||
| P/OCF | 62.45 | ||
| P/B | 0.77 | ||
| P/tB | 1.32 | ||
| EV/EBITDA | 7.03 |
EPS(TTM)2.21
EY8.26%
EPS(NY)1.79
Fwd EY6.7%
FCF(TTM)-1.25
FCFYN/A
OCF(TTM)0.43
OCFY1.6%
SpS16.5
BVpS34.86
TBVpS20.29
PEG (NY)N/A
PEG (5Y)1.53
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.88% | ||
| ROE | 6.32% | ||
| ROCE | 6.45% | ||
| ROIC | 5.34% | ||
| ROICexc | 6.01% | ||
| ROICexgc | 9.48% | ||
| OM | 17.52% | ||
| PM (TTM) | 13.35% | ||
| GM | 63.17% | ||
| FCFM | N/A |
ROA(3y)2.62%
ROA(5y)3.67%
ROE(3y)4.08%
ROE(5y)5.39%
ROIC(3y)3.99%
ROIC(5y)4.87%
ROICexc(3y)4.75%
ROICexc(5y)6.22%
ROICexgc(3y)7.78%
ROICexgc(5y)10.56%
ROCE(3y)4.82%
ROCE(5y)5.88%
ROICexcg growth 3Y-14.67%
ROICexcg growth 5Y-2.24%
ROICexc growth 3Y-12.85%
ROICexc growth 5Y-4.4%
OM growth 3Y-17.16%
OM growth 5Y-1.93%
PM growth 3Y-22.22%
PM growth 5Y3.53%
GM growth 3Y-3.59%
GM growth 5Y1.91%
F-Score6
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.99 | ||
| Cap/Depr | 143.05% | ||
| Cap/Sales | 10.17% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 10.54% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.65 | ||
| Quick Ratio | 1.42 | ||
| Altman-Z | 2.12 |
F-Score6
WACC7.35%
ROIC/WACC0.73
Cap/Depr(3y)151.37%
Cap/Depr(5y)140.23%
Cap/Sales(3y)10.69%
Cap/Sales(5y)9.17%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)40.61%
EPS 3Y-12.45%
EPS 5Y7.9%
EPS Q2Q%-34.69%
EPS Next Y-19.76%
EPS Next 2Y-8.92%
EPS Next 3Y-1.61%
EPS Next 5YN/A
Revenue 1Y (TTM)19.74%
Revenue growth 3Y12.52%
Revenue growth 5Y4.39%
Sales Q2Q%20.96%
Revenue Next Year10.47%
Revenue Next 2Y8.38%
Revenue Next 3Y7.73%
Revenue Next 5YN/A
EBIT growth 1Y46.12%
EBIT growth 3Y-6.78%
EBIT growth 5Y2.37%
EBIT Next Year-18.89%
EBIT Next 3Y-25.9%
EBIT Next 5YN/A
FCF growth 1Y-1113.39%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-74.52%
OCF growth 3Y-36.75%
OCF growth 5Y-29.59%