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
ITM had positive earnings in the past year.
ITM had a positive operating cash flow in the past year.
In the past 5 years ITM has always been profitable.
Of the past 5 years ITM 4 years had a positive operating cash flow.
1.2 Ratios
ITM has a Return On Assets (3.88%) which is comparable to the rest of the industry.
ITM has a Return On Equity of 6.32%. This is in the lower half of the industry: ITM underperforms 68.75% of its industry peers.
ITM has a Return On Invested Capital (5.34%) which is in line with its industry peers.
ITM had an Average Return On Invested Capital over the past 3 years of 3.99%. This is below the industry average of 6.29%.
The 3 year average ROIC (3.99%) for ITM is below the current ROIC(5.34%), indicating increased profibility in the last year.
| 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
Looking at the Profit Margin, with a value of 13.35%, ITM is in line with its industry, outperforming 56.25% of the companies in the same industry.
In the last couple of years the Profit Margin of ITM has grown nicely.
Looking at the Operating Margin, with a value of 17.52%, ITM is in the better half of the industry, outperforming 68.75% of the companies in the same industry.
ITM's Operating Margin has declined in the last couple of years.
The Gross Margin of ITM (63.17%) is better than 87.50% of its industry peers.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ITM is destroying value.
Compared to 1 year ago, ITM has about the same amount of shares outstanding.
The number of shares outstanding for ITM has been increased compared to 5 years ago.
ITM has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.13 indicates that ITM is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of ITM (2.13) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.12 indicates that ITM is not too dependend on debt financing.
ITM has a Debt to Equity ratio of 0.12. This is amongst the best in the industry. ITM outperforms 93.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.13 |
ROIC/WACC0.73
WACC7.36%
2.3 Liquidity
A Current Ratio of 1.65 indicates that ITM should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.65, ITM is in the better half of the industry, outperforming 68.75% of the companies in the same industry.
ITM has a Quick Ratio of 1.42. This is a normal value and indicates that ITM is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of ITM (1.42) is better than 68.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.65 | ||
| Quick Ratio | 1.42 |
3. Growth
3.1 Past
ITM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 40.61%, which is quite impressive.
ITM shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.90% yearly.
The Revenue has grown by 19.74% in the past year. This is quite good.
Measured over the past years, ITM shows a small growth in Revenue. The Revenue has been growing by 4.39% on average per year.
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
Based on estimates for the next years, ITM will show a decrease in Earnings Per Share. The EPS will decrease by -1.61% on average per year.
The Revenue is expected to grow by 7.73% on average over the next years.
EPS Next Y-19.76%
EPS Next 2Y-8.92%
EPS Next 3Y-1.61%
EPS Next 5YN/A
Revenue Next Year11.43%
Revenue Next 2Y8.87%
Revenue Next 3Y7.73%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
A Price/Earnings ratio of 12.24 indicates a correct valuation of ITM.
Compared to the rest of the industry, the Price/Earnings ratio of ITM indicates a somewhat cheap valuation: ITM is cheaper than 75.00% of the companies listed in the same industry.
ITM's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.82.
A Price/Forward Earnings ratio of 15.10 indicates a correct valuation of ITM.
68.75% of the companies in the same industry are more expensive than ITM, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.21, ITM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.24 | ||
| Fwd PE | 15.1 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ITM is valued a bit cheaper than the industry average as 68.75% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.1 |
4.3 Compensation for Growth
ITM has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.55
EPS Next 2Y-8.92%
EPS Next 3Y-1.61%
5. Dividend
5.1 Amount
ITM has a Yearly Dividend Yield of 3.19%.
ITM's Dividend Yield is a higher than the industry average which is at 13.71.
Compared to an average S&P500 Dividend Yield of 2.39, ITM pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.19% |
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
ITM pays out 157.36% of its income as dividend. 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 (8/1/2025, 7:00:00 PM)
27.05
-1.2 (-4.25%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryIndustrial Conglomerates
Earnings (Last)
Earnings (Next)
Inst Owners18.72%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.15B
Analysts86.67
Price Target37.23 (37.63%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.19% |
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)-1.35%
PT rev (3m)-1.35%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.87%
Revenue NY rev (3m)0.87%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.24 | ||
| Fwd PE | 15.1 | ||
| P/S | 1.64 | ||
| P/FCF | N/A | ||
| P/OCF | 63.15 | ||
| P/B | 0.78 | ||
| P/tB | 1.33 | ||
| EV/EBITDA | 7.1 |
EPS(TTM)2.21
EY8.17%
EPS(NY)1.79
Fwd EY6.62%
FCF(TTM)-1.25
FCFYN/A
OCF(TTM)0.43
OCFY1.58%
SpS16.5
BVpS34.86
TBVpS20.29
PEG (NY)N/A
PEG (5Y)1.55
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 | 2.13 |
F-Score6
WACC7.36%
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 Year11.43%
Revenue Next 2Y8.87%
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%