ICOP SPA (ICOP.MI) Stock Fundamental Analysis
Europe • Euronext Milan • BIT:ICOP • IT0001214433
18.7 EUR
+0.4 (+2.19%)
Last: Jan 30, 2026, 07:00 PM
ICOP gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 45 industry peers in the Construction & Engineering industry. ICOP has a medium profitability rating, but doesn't score so well on its financial health evaluation. ICOP is not overvalued while it is showing excellent growth. This is an interesting combination.
1. Profitability
1.1 Basic Checks
- ICOP had positive earnings in the past year.
- In the past year ICOP had a positive cash flow from operations.
1.2 Ratios
- With a Return On Assets value of 4.55%, ICOP perfoms like the industry average, outperforming 57.78% of the companies in the same industry.
- With a decent Return On Equity value of 23.31%, ICOP is doing good in the industry, outperforming 64.44% of the companies in the same industry.
- ICOP has a better Return On Invested Capital (13.40%) than 75.56% of its industry peers.
- ICOP had an Average Return On Invested Capital over the past 3 years of 9.45%. This is below the industry average of 11.85%.
- The last Return On Invested Capital (13.40%) for ICOP is above the 3 year average (9.45%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.55% | ||
| ROE | 23.31% | ||
| ROIC | 13.4% |
ROA(3y)3.57%
ROA(5y)N/A
ROE(3y)14.08%
ROE(5y)N/A
ROIC(3y)9.45%
ROIC(5y)N/A
1.3 Margins
- ICOP has a Profit Margin of 14.41%. This is amongst the best in the industry. ICOP outperforms 86.67% of its industry peers.
- In the last couple of years the Profit Margin of ICOP has grown nicely.
- ICOP has a Operating Margin of 22.87%. This is amongst the best in the industry. ICOP outperforms 93.33% of its industry peers.
- ICOP's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.87% | ||
| PM (TTM) | 14.41% | ||
| GM | N/A |
OM growth 3Y321.03%
OM growth 5YN/A
PM growth 3Y75.7%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ICOP is still creating some value.
- ICOP has more shares outstanding than it did 1 year ago.
- ICOP has a better debt/assets ratio than last year.
2.2 Solvency
- ICOP has an Altman-Z score of 1.74. This is a bad value and indicates that ICOP is not financially healthy and even has some risk of bankruptcy.
- With a Altman-Z score value of 1.74, ICOP is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
- ICOP has a Debt/Equity ratio of 1.20. This is a high value indicating a heavy dependency on external financing.
- Looking at the Debt to Equity ratio, with a value of 1.20, ICOP is doing worse than 68.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.2 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.74 |
ROIC/WACC1.72
WACC7.81%
2.3 Liquidity
- A Current Ratio of 1.20 indicates that ICOP should not have too much problems paying its short term obligations.
- ICOP has a Current ratio of 1.20. This is in the better half of the industry: ICOP outperforms 66.67% of its industry peers.
- ICOP has a Quick Ratio of 1.20. This is a bad value and indicates that ICOP is not financially healthy enough and could expect problems in meeting its short term obligations.
- ICOP has a worse Quick ratio (0.79) than 77.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.2 | ||
| Quick Ratio | 0.79 |
3. Growth
3.1 Past
- ICOP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 97.06%, which is quite impressive.
- The Earnings Per Share has been growing by 75.63% on average over the past years. This is a very strong growth
- ICOP shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 17.59%.
- ICOP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.56% yearly.
EPS 1Y (TTM)97.06%
EPS 3Y75.63%
EPS 5YN/A
EPS Q2Q%48.4%
Revenue 1Y (TTM)17.59%
Revenue growth 3Y0.56%
Revenue growth 5YN/A
Sales Q2Q%308.42%
3.2 Future
- Based on estimates for the next years, ICOP will show a very strong growth in Earnings Per Share. The EPS will grow by 29.38% on average per year.
- ICOP is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 45.15% yearly.
EPS Next Y30.46%
EPS Next 2Y40.01%
EPS Next 3Y29.38%
EPS Next 5YN/A
Revenue Next Year114.11%
Revenue Next 2Y69.51%
Revenue Next 3Y45.15%
Revenue Next 5YN/A
3.3 Evolution
- Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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
- The Price/Earnings ratio is 24.29, which indicates a rather expensive current valuation of ICOP.
- Compared to the rest of the industry, the Price/Earnings ratio of ICOP indicates a slightly more expensive valuation: ICOP is more expensive than 71.11% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 28.32. ICOP is around the same levels.
- With a Price/Forward Earnings ratio of 12.39, ICOP is valued correctly.
- ICOP's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ICOP is cheaper than 62.22% of the companies in the same industry.
- ICOP is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.29 | ||
| Fwd PE | 12.39 |
4.2 Price Multiples
- 73.33% of the companies in the same industry are cheaper than ICOP, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.38 |
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.
- A more expensive valuation may be justified as ICOP's earnings are expected to grow with 29.38% in the coming years.
PEG (NY)0.8
PEG (5Y)N/A
EPS Next 2Y40.01%
EPS Next 3Y29.38%
5. Dividend
5.1 Amount
- With a yearly dividend of 0.38%, ICOP is not a good candidate for dividend investing.
- ICOP's Dividend Yield is slightly below the industry average, which is at 2.32.
- With a Dividend Yield of 0.38, ICOP pays less dividend than the S&P500 average, which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.38% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 5.94% of the earnings are spent on dividend by ICOP. This is a low number and sustainable payout ratio.
DP5.94%
EPS Next 2Y40.01%
EPS Next 3Y29.38%
ICOP SPA / ICOP.MI FAQ
Can you provide the ChartMill fundamental rating for ICOP SPA?
ChartMill assigns a fundamental rating of 4 / 10 to ICOP.MI.
What is the valuation status for ICOP stock?
ChartMill assigns a valuation rating of 4 / 10 to ICOP SPA (ICOP.MI). This can be considered as Fairly Valued.
What is the profitability of ICOP stock?
ICOP SPA (ICOP.MI) has a profitability rating of 5 / 10.
What is the earnings growth outlook for ICOP SPA?
The Earnings per Share (EPS) of ICOP SPA (ICOP.MI) is expected to grow by 30.46% in the next year.
Can you provide the dividend sustainability for ICOP stock?
The dividend rating of ICOP SPA (ICOP.MI) is 2 / 10 and the dividend payout ratio is 5.94%.