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 14 industry peers in the Industrial Conglomerates industry. ITM has only an average score on both its financial health and profitability. ITM has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
ITM had positive earnings in the past year.
In the past year ITM had a positive cash flow from operations.
ITM had positive earnings in each of the past 5 years.
Of the past 5 years ITM 4 years had a positive operating cash flow.
1.2 Ratios
ITM has a Return On Assets of 3.88%. This is comparable to the rest of the industry: ITM outperforms 57.14% of its industry peers.
ITM has a worse Return On Equity (6.32%) than 64.29% of its industry peers.
ITM's Return On Invested Capital of 5.34% is in line compared to the rest of the industry. ITM outperforms 57.14% of 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 6.09%.
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
ITM's Profit Margin of 13.35% is fine compared to the rest of the industry. ITM outperforms 64.29% of its industry peers.
In the last couple of years the Profit Margin of ITM has grown nicely.
ITM's Operating Margin of 17.52% is fine compared to the rest of the industry. ITM outperforms 78.57% of its industry peers.
In the last couple of years the Operating Margin of ITM has declined.
ITM's Gross Margin of 63.17% is amongst the best of the industry. ITM outperforms 85.71% of its industry peers.
ITM's Gross Margin has improved in the last couple of years.
| 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.
ITM has about the same amout of shares outstanding than it did 1 year ago.
ITM has more shares outstanding than it did 5 years ago.
The debt/assets ratio for ITM is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.14 indicates that ITM is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of ITM (2.14) is better than 64.29% of its industry peers.
ITM has a Debt/Equity ratio of 0.12. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of ITM (0.12) is better than 92.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.14 |
ROIC/WACC0.72
WACC7.4%
2.3 Liquidity
A Current Ratio of 1.65 indicates that ITM should not have too much problems paying its short term obligations.
ITM has a better Current ratio (1.65) than 64.29% 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 better Quick ratio (1.42) than 64.29% 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.
Measured over the past 5 years, ITM shows a small growth in Earnings Per Share. The EPS has been growing by 7.90% on average per year.
Looking at the last year, ITM shows a quite strong growth in Revenue. The Revenue has grown by 19.74% in the last year.
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
The Earnings Per Share is expected to decrease by -1.61% on average over the next years.
Based on estimates for the next years, ITM will show a small growth in Revenue. The Revenue will grow by 7.73% on average per year.
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 12.32 indicates a correct valuation of ITM.
64.29% of the companies in the same industry are more expensive than ITM, based on the Price/Earnings ratio.
ITM is valuated cheaply when we compare the Price/Earnings ratio to 27.45, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 15.20, which indicates a correct valuation of ITM.
ITM's Price/Forward Earnings is on the same level as the industry average.
ITM is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.90, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.32 | ||
| Fwd PE | 15.2 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ITM is valued a bit cheaper than the industry average as 64.29% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.17 |
4.3 Compensation for Growth
The decent profitability rating of ITM may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.56
EPS Next 2Y-8.92%
EPS Next 3Y-1.61%
5. Dividend
5.1 Amount
ITM has a Yearly Dividend Yield of 3.29%. Purely for dividend investing, there may be better candidates out there.
ITM's Dividend Yield is a higher than the industry average which is at 3.84.
ITM's Dividend Yield is a higher than the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.29% |
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.
The Dividend Rate of ITM has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP157.36%
EPS Next 2Y-8.92%
EPS Next 3Y-1.61%
BIT:ITM (7/4/2025, 5:29:52 PM)
27.225
-0.12 (-0.46%)
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 Cap1.16B
Analysts86.67
Price Target37.74 (38.62%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.29% |
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 | 12.32 | ||
| Fwd PE | 15.2 | ||
| P/S | 1.65 | ||
| P/FCF | N/A | ||
| P/OCF | 63.56 | ||
| P/B | 0.78 | ||
| P/tB | 1.34 | ||
| EV/EBITDA | 7.17 |
EPS(TTM)2.21
EY8.12%
EPS(NY)1.79
Fwd EY6.58%
FCF(TTM)-1.25
FCFYN/A
OCF(TTM)0.43
OCFY1.57%
SpS16.5
BVpS34.86
TBVpS20.29
PEG (NY)N/A
PEG (5Y)1.56
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 | 2.14 |
F-Score6
WACC7.4%
ROIC/WACC0.72
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%