IT WAY SPA (ITW.MI) Fundamental Analysis & Valuation

BIT:ITW • IT0003057624

1.135 EUR
-0.1 (-8.1%)
Last: Feb 24, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership

This ITW.MI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

Overall ITW gets a fundamental rating of 5 out of 10. We evaluated ITW against 51 industry peers in the Electronic Equipment, Instruments & Components industry. While ITW is still in line with the averages on profitability rating, there are concerns on its financial health. ITW may be a bit undervalued, certainly considering the very reasonable score on growth


Dividend Valuation Growth Profitability Health

5

1. ITW.MI Profitability Analysis

1.1 Basic Checks

  • In the past year ITW was profitable.
  • In the past year ITW had a positive cash flow from operations.
  • The reported net income has been mixed in the past 5 years: ITW reported negative net income in multiple years.
  • Each year in the past 5 years ITW had a positive operating cash flow.
ITW.MI Yearly Net Income VS EBIT VS OCF VS FCFITW.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 2M -2M

1.2 Ratios

  • ITW's Return On Assets of 2.26% is fine compared to the rest of the industry. ITW outperforms 62.75% of its industry peers.
  • ITW's Return On Equity of 7.65% is fine compared to the rest of the industry. ITW outperforms 68.63% of its industry peers.
  • The Return On Invested Capital of ITW (7.83%) is better than 78.43% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for ITW is in line with the industry average of 7.01%.
  • The last Return On Invested Capital (7.83%) for ITW is above the 3 year average (5.34%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 2.26%
ROE 7.65%
ROIC 7.83%
ROA(3y)-0.12%
ROA(5y)1.31%
ROE(3y)-0.16%
ROE(5y)5.06%
ROIC(3y)5.34%
ROIC(5y)6.64%
ITW.MI Yearly ROA, ROE, ROICITW.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 -20

1.3 Margins

  • ITW has a Profit Margin (1.29%) which is comparable to the rest of the industry.
  • In the last couple of years the Profit Margin of ITW has declined.
  • With a Operating Margin value of 2.69%, ITW perfoms like the industry average, outperforming 50.98% of the companies in the same industry.
  • ITW's Operating Margin has declined in the last couple of years.
  • ITW has a worse Gross Margin (22.53%) than 82.35% of its industry peers.
  • ITW's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 2.69%
PM (TTM) 1.29%
GM 22.53%
OM growth 3Y-22.18%
OM growth 5Y-21.94%
PM growth 3Y-28.43%
PM growth 5Y-28.48%
GM growth 3Y7.46%
GM growth 5Y0.81%
ITW.MI Yearly Profit, Operating, Gross MarginsITW.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. ITW.MI Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ITW is creating some value.
  • ITW has about the same amout of shares outstanding than it did 1 year ago.
  • ITW has more shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, ITW has a worse debt to assets ratio.
ITW.MI Yearly Shares OutstandingITW.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M 8M 10M
ITW.MI Yearly Total Debt VS Total AssetsITW.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M

2.2 Solvency

  • ITW has an Altman-Z score of 2.20. This is not the best score and indicates that ITW is in the grey zone with still only limited risk for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 2.20, ITW is in line with its industry, outperforming 47.06% of the companies in the same industry.
  • The Debt to FCF ratio of ITW is 16.16, which is on the high side as it means it would take ITW, 16.16 years of fcf income to pay off all of its debts.
  • ITW has a Debt to FCF ratio of 16.16. This is in the lower half of the industry: ITW underperforms 72.55% of its industry peers.
  • A Debt/Equity ratio of 0.35 indicates that ITW is not too dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.35, ITW is in line with its industry, outperforming 56.86% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.35
Debt/FCF 16.16
Altman-Z 2.2
ROIC/WACC1.09
WACC7.21%
ITW.MI Yearly LT Debt VS Equity VS FCFITW.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5M 10M

2.3 Liquidity

  • A Current Ratio of 1.05 indicates that ITW should not have too much problems paying its short term obligations.
  • The Current ratio of ITW (1.05) is worse than 80.39% of its industry peers.
  • A Quick Ratio of 1.02 indicates that ITW should not have too much problems paying its short term obligations.
  • ITW's Quick ratio of 1.02 is in line compared to the rest of the industry. ITW outperforms 58.82% of its industry peers.
Industry RankSector Rank
Current Ratio 1.05
Quick Ratio 1.02
ITW.MI Yearly Current Assets VS Current LiabilitesITW.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. ITW.MI Growth Analysis

3.1 Past

  • ITW shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 208.07%, which is quite impressive.
  • Measured over the past years, ITW shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -26.61% on average per year.
  • Looking at the last year, ITW shows a very strong growth in Revenue. The Revenue has grown by 33.38%.
  • The Revenue has been growing by 10.91% on average over the past years. This is quite good.
EPS 1Y (TTM)208.07%
EPS 3Y-25.79%
EPS 5Y-26.61%
EPS Q2Q%418.03%
Revenue 1Y (TTM)33.38%
Revenue growth 3Y10.36%
Revenue growth 5Y10.91%
Sales Q2Q%45.52%

3.2 Future

  • ITW is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 43.76% yearly.
  • The Revenue is expected to grow by 7.14% on average over the next years.
EPS Next Y40%
EPS Next 2Y43.76%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year7.12%
Revenue Next 2Y7.14%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better 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.
ITW.MI Yearly Revenue VS EstimatesITW.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 20M 40M 60M
ITW.MI Yearly EPS VS EstimatesITW.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2023 2024 2025 2026 0.1 0.2 0.3

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8

4. ITW.MI Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 12.61 indicates a correct valuation of ITW.
  • ITW's Price/Earnings ratio is rather cheap when compared to the industry. ITW is cheaper than 86.27% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 27.03. ITW is valued rather cheaply when compared to this.
  • ITW is valuated cheaply with a Price/Forward Earnings ratio of 3.63.
  • 100.00% of the companies in the same industry are more expensive than ITW, based on the Price/Forward Earnings ratio.
  • ITW's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.11.
Industry RankSector Rank
PE 12.61
Fwd PE 3.63
ITW.MI Price Earnings VS Forward Price EarningsITW.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, ITW is valued cheaply inside the industry as 80.39% of the companies are valued more expensively.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of ITW is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 34.51
EV/EBITDA 5.53
ITW.MI Per share dataITW.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • ITW's earnings are expected to grow with 43.76% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.32
PEG (5Y)N/A
EPS Next 2Y43.76%
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. ITW.MI Dividend Analysis

5.1 Amount

  • No dividends for ITW!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

ITW.MI Fundamentals: All Metrics, Ratios and Statistics

IT WAY SPA

BIT:ITW (2/24/2026, 7:00:00 PM)

1.135

-0.1 (-8.1%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)N/A
Earnings (Next)N/A
Inst Owners0.8%
Inst Owner ChangeN/A
Ins Owners47.46%
Ins Owner ChangeN/A
Market Cap12.04M
Revenue(TTM)70.01M
Net Income(TTM)906.00K
Analysts80
Price Target2.4 (111.45%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
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)0%
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%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 12.61
Fwd PE 3.63
P/S 0.17
P/FCF 34.51
P/OCF 5.34
P/B 1.02
P/tB 6.25
EV/EBITDA 5.53
EPS(TTM)0.09
EY7.93%
EPS(NY)0.31
Fwd EY27.59%
FCF(TTM)0.03
FCFY2.9%
OCF(TTM)0.21
OCFY18.73%
SpS6.6
BVpS1.12
TBVpS0.18
PEG (NY)0.32
PEG (5Y)N/A
Graham Number1.5
Profitability
Industry RankSector Rank
ROA 2.26%
ROE 7.65%
ROCE 10.44%
ROIC 7.83%
ROICexc 8.4%
ROICexgc 20.44%
OM 2.69%
PM (TTM) 1.29%
GM 22.53%
FCFM 0.5%
ROA(3y)-0.12%
ROA(5y)1.31%
ROE(3y)-0.16%
ROE(5y)5.06%
ROIC(3y)5.34%
ROIC(5y)6.64%
ROICexc(3y)6.57%
ROICexc(5y)7.96%
ROICexgc(3y)12.94%
ROICexgc(5y)13.98%
ROCE(3y)7.12%
ROCE(5y)8.86%
ROICexgc growth 3Y-11.6%
ROICexgc growth 5Y-20.27%
ROICexc growth 3Y-22.37%
ROICexc growth 5Y-23.63%
OM growth 3Y-22.18%
OM growth 5Y-21.94%
PM growth 3Y-28.43%
PM growth 5Y-28.48%
GM growth 3Y7.46%
GM growth 5Y0.81%
F-Score7
Asset Turnover1.75
Health
Industry RankSector Rank
Debt/Equity 0.35
Debt/FCF 16.16
Debt/EBITDA 1.44
Cap/Depr 192.14%
Cap/Sales 2.72%
Interest Coverage 250
Cash Conversion 78.35%
Profit Quality 38.52%
Current Ratio 1.05
Quick Ratio 1.02
Altman-Z 2.2
F-Score7
WACC7.21%
ROIC/WACC1.09
Cap/Depr(3y)275.67%
Cap/Depr(5y)202.94%
Cap/Sales(3y)4.27%
Cap/Sales(5y)3.12%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)208.07%
EPS 3Y-25.79%
EPS 5Y-26.61%
EPS Q2Q%418.03%
EPS Next Y40%
EPS Next 2Y43.76%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)33.38%
Revenue growth 3Y10.36%
Revenue growth 5Y10.91%
Sales Q2Q%45.52%
Revenue Next Year7.12%
Revenue Next 2Y7.14%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y160.86%
EBIT growth 3Y-14.12%
EBIT growth 5Y-13.42%
EBIT Next Year83.33%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-84.38%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-41.23%
OCF growth 3Y-34.53%
OCF growth 5Y-0.5%

IT WAY SPA / ITW.MI FAQ

What is the ChartMill fundamental rating of IT WAY SPA (ITW.MI) stock?

ChartMill assigns a fundamental rating of 5 / 10 to ITW.MI.


Can you provide the valuation status for IT WAY SPA?

ChartMill assigns a valuation rating of 8 / 10 to IT WAY SPA (ITW.MI). This can be considered as Undervalued.


How profitable is IT WAY SPA (ITW.MI) stock?

IT WAY SPA (ITW.MI) has a profitability rating of 5 / 10.


What is the valuation of IT WAY SPA based on its PE and PB ratios?

The Price/Earnings (PE) ratio for IT WAY SPA (ITW.MI) is 12.61 and the Price/Book (PB) ratio is 1.02.