IVECO GROUP NV (IVG.MI) Stock Fundamental Analysis
Europe - BIT:IVG - NL0015000LU4 - Common Stock
18.445 EUR
+0.05 (+0.24%)
Taking everything into account, IVG scores 4 out of 10 in our fundamental rating. IVG was compared to 109 industry peers in the Machinery industry. IVG has a medium profitability rating, but doesn't score so well on its financial health evaluation. IVG has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year IVG was profitable.
IVG had a positive operating cash flow in the past year.
Of the past 5 years IVG 4 years were profitable.
Each year in the past 5 years IVG had a positive operating cash flow.
1.2 Ratios
IVG has a Return On Assets of 1.73%. This is comparable to the rest of the industry: IVG outperforms 40.37% of its industry peers.
Looking at the Return On Equity, with a value of 12.39%, IVG is in the better half of the industry, outperforming 71.56% of the companies in the same industry.
IVG has a Return On Invested Capital (4.53%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for IVG is below the industry average of 8.90%.
The last Return On Invested Capital (4.53%) for IVG is above the 3 year average (3.91%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.73% | ||
| ROE | 12.39% | ||
| ROIC | 4.53% |
ROA(3y)1.3%
ROA(5y)0.32%
ROE(3y)9.48%
ROE(5y)2.54%
ROIC(3y)3.91%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of IVG (2.17%) is worse than 60.55% of its industry peers.
IVG's Profit Margin has improved in the last couple of years.
The Operating Margin of IVG (5.00%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of IVG has grown nicely.
IVG has a Gross Margin of 16.49%. This is amonst the worse of the industry: IVG underperforms 88.07% of its industry peers.
IVG's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5% | ||
| PM (TTM) | 2.17% | ||
| GM | 16.49% |
OM growth 3Y29.77%
OM growth 5Y9.99%
PM growth 3Y77.09%
PM growth 5Y26.56%
GM growth 3Y7.43%
GM growth 5Y4.66%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), IVG is destroying value.
IVG has less shares outstanding than it did 1 year ago.
The number of shares outstanding for IVG has been increased compared to 5 years ago.
IVG has a better debt/assets ratio than last year.
2.2 Solvency
IVG has an Altman-Z score of 1.76. This is a bad value and indicates that IVG is not financially healthy and even has some risk of bankruptcy.
IVG has a Altman-Z score of 1.76. This is comparable to the rest of the industry: IVG outperforms 43.12% of its industry peers.
IVG has a debt to FCF ratio of 14.82. This is a negative value and a sign of low solvency as IVG would need 14.82 years to pay back of all of its debts.
The Debt to FCF ratio of IVG (14.82) is worse than 68.81% of its industry peers.
IVG has a Debt/Equity ratio of 1.35. This is a high value indicating a heavy dependency on external financing.
IVG's Debt to Equity ratio of 1.35 is on the low side compared to the rest of the industry. IVG is outperformed by 82.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.35 | ||
| Debt/FCF | 14.82 | ||
| Altman-Z | 1.76 |
ROIC/WACC0.64
WACC7.06%
2.3 Liquidity
IVG has a Current Ratio of 1.98. This is a normal value and indicates that IVG is financially healthy and should not expect problems in meeting its short term obligations.
IVG has a Current ratio of 1.98. This is in the better half of the industry: IVG outperforms 77.98% of its industry peers.
IVG has a Quick Ratio of 1.40. This is a normal value and indicates that IVG is financially healthy and should not expect problems in meeting its short term obligations.
IVG has a better Quick ratio (1.40) than 82.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.98 | ||
| Quick Ratio | 1.4 |
3. Growth
3.1 Past
IVG shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -5.95%.
IVG shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 32.82% yearly.
Looking at the last year, IVG shows a decrease in Revenue. The Revenue has decreased by -6.97% in the last year.
Measured over the past years, IVG shows a small growth in Revenue. The Revenue has been growing by 5.06% on average per year.
EPS 1Y (TTM)-5.95%
EPS 3Y88.31%
EPS 5Y32.82%
EPS Q2Q%-38.1%
Revenue 1Y (TTM)-6.97%
Revenue growth 3Y6.52%
Revenue growth 5Y5.06%
Sales Q2Q%-3.52%
3.2 Future
The Earnings Per Share is expected to grow by 10.81% on average over the next years. This is quite good.
IVG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.30% yearly.
EPS Next Y-12.5%
EPS Next 2Y6.41%
EPS Next 3Y9.46%
EPS Next 5Y10.81%
Revenue Next Year-2.33%
Revenue Next 2Y2.71%
Revenue Next 3Y3.58%
Revenue Next 5Y4.3%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 11.67, the valuation of IVG can be described as very reasonable.
IVG's Price/Earnings ratio is rather cheap when compared to the industry. IVG is cheaper than 83.49% of the companies in the same industry.
IVG is valuated cheaply when we compare the Price/Earnings ratio to 26.06, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 7.83, which indicates a rather cheap valuation of IVG.
Based on the Price/Forward Earnings ratio, IVG is valued cheaply inside the industry as 89.91% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 32.73, IVG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.67 | ||
| Fwd PE | 7.83 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of IVG indicates a somewhat cheap valuation: IVG is cheaper than 79.82% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, IVG is valued a bit cheaper than the industry average as 70.64% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.51 | ||
| EV/EBITDA | 5.5 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.36
EPS Next 2Y6.41%
EPS Next 3Y9.46%
5. Dividend
5.1 Amount
IVG has a Yearly Dividend Yield of 1.79%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.60, IVG has a dividend in line with its industry peers.
IVG's Dividend Yield is slightly below the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.79% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
IVG pays out 27.33% of its income as dividend. This is a sustainable payout ratio.
DP27.33%
EPS Next 2Y6.41%
EPS Next 3Y9.46%
BIT:IVG (11/10/2025, 5:35:15 PM)
18.445
+0.05 (+0.24%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners39.4%
Inst Owner ChangeN/A
Ins Owners0.1%
Ins Owner ChangeN/A
Market Cap5.00B
Revenue(TTM)14.81B
Net Income(TTM)322.00M
Analysts73.33
Price Target20.08 (8.86%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.79% |
Yearly Dividend0.27
Dividend Growth(5Y)N/A
DP27.33%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-4.8%
Min EPS beat(2)-15.44%
Max EPS beat(2)5.84%
EPS beat(4)3
Avg EPS beat(4)15.3%
Min EPS beat(4)-15.44%
Max EPS beat(4)63.53%
EPS beat(8)5
Avg EPS beat(8)15.63%
EPS beat(12)8
Avg EPS beat(12)16.7%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-0.77%
Min Revenue beat(2)-10.1%
Max Revenue beat(2)8.56%
Revenue beat(4)3
Avg Revenue beat(4)2.17%
Min Revenue beat(4)-10.1%
Max Revenue beat(4)9.28%
Revenue beat(8)5
Avg Revenue beat(8)0.74%
Revenue beat(12)7
Avg Revenue beat(12)2.33%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0.57%
EPS NQ rev (1m)0%
EPS NQ rev (3m)4.3%
EPS NY rev (1m)-2.91%
EPS NY rev (3m)-9.14%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.67%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.67 | ||
| Fwd PE | 7.83 | ||
| P/S | 0.34 | ||
| P/FCF | 12.51 | ||
| P/OCF | 3.88 | ||
| P/B | 1.92 | ||
| P/tB | 9.06 | ||
| EV/EBITDA | 5.5 |
EPS(TTM)1.58
EY8.57%
EPS(NY)2.36
Fwd EY12.77%
FCF(TTM)1.47
FCFY8%
OCF(TTM)4.75
OCFY25.77%
SpS54.61
BVpS9.58
TBVpS2.04
PEG (NY)N/A
PEG (5Y)0.36
Graham Number18.46
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.73% | ||
| ROE | 12.39% | ||
| ROCE | 6% | ||
| ROIC | 4.53% | ||
| ROICexc | 5.79% | ||
| ROICexgc | 7.34% | ||
| OM | 5% | ||
| PM (TTM) | 2.17% | ||
| GM | 16.49% | ||
| FCFM | 2.7% |
ROA(3y)1.3%
ROA(5y)0.32%
ROE(3y)9.48%
ROE(5y)2.54%
ROIC(3y)3.91%
ROIC(5y)N/A
ROICexc(3y)4.85%
ROICexc(5y)N/A
ROICexgc(3y)5.77%
ROICexgc(5y)N/A
ROCE(3y)5.17%
ROCE(5y)N/A
ROICexgc growth 3Y26.65%
ROICexgc growth 5Y12.05%
ROICexc growth 3Y25.45%
ROICexc growth 5Y11.07%
OM growth 3Y29.77%
OM growth 5Y9.99%
PM growth 3Y77.09%
PM growth 5Y26.56%
GM growth 3Y7.43%
GM growth 5Y4.66%
F-Score6
Asset Turnover0.8
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.35 | ||
| Debt/FCF | 14.82 | ||
| Debt/EBITDA | 2.37 | ||
| Cap/Depr | 119.97% | ||
| Cap/Sales | 6% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 86.98% | ||
| Profit Quality | 124.22% | ||
| Current Ratio | 1.98 | ||
| Quick Ratio | 1.4 | ||
| Altman-Z | 1.76 |
F-Score6
WACC7.06%
ROIC/WACC0.64
Cap/Depr(3y)146.94%
Cap/Depr(5y)121.88%
Cap/Sales(3y)5.9%
Cap/Sales(5y)5.2%
Profit Quality(3y)212.1%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-5.95%
EPS 3Y88.31%
EPS 5Y32.82%
EPS Q2Q%-38.1%
EPS Next Y-12.5%
EPS Next 2Y6.41%
EPS Next 3Y9.46%
EPS Next 5Y10.81%
Revenue 1Y (TTM)-6.97%
Revenue growth 3Y6.52%
Revenue growth 5Y5.06%
Sales Q2Q%-3.52%
Revenue Next Year-2.33%
Revenue Next 2Y2.71%
Revenue Next 3Y3.58%
Revenue Next 5Y4.3%
EBIT growth 1Y-21.25%
EBIT growth 3Y38.23%
EBIT growth 5Y15.55%
EBIT Next Year74.95%
EBIT Next 3Y29.26%
EBIT Next 5YN/A
FCF growth 1Y-7.83%
FCF growth 3YN/A
FCF growth 5Y-8.52%
OCF growth 1Y-0.31%
OCF growth 3Y26.42%
OCF growth 5Y8.96%
IVECO GROUP NV / IVG.MI FAQ
Can you provide the ChartMill fundamental rating for IVECO GROUP NV?
ChartMill assigns a fundamental rating of 4 / 10 to IVG.MI.
Can you provide the valuation status for IVECO GROUP NV?
ChartMill assigns a valuation rating of 6 / 10 to IVECO GROUP NV (IVG.MI). This can be considered as Fairly Valued.
What is the profitability of IVG stock?
IVECO GROUP NV (IVG.MI) has a profitability rating of 5 / 10.
Can you provide the financial health for IVG stock?
The financial health rating of IVECO GROUP NV (IVG.MI) is 3 / 10.
What is the earnings growth outlook for IVECO GROUP NV?
The Earnings per Share (EPS) of IVECO GROUP NV (IVG.MI) is expected to decline by -12.5% in the next year.