ITALIAN EXHIBITION GROUP SPA (IEG.MI) Stock Fundamental Analysis
BIT:IEG - Euronext Milan - IT0003411417 - Common Stock - Currency: EUR
Overall IEG gets a fundamental rating of 6 out of 10. We evaluated IEG against 59 industry peers in the Media industry. While IEG belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. IEG is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings would make IEG suitable for value investing!
1. Profitability
1.1 Basic Checks
IEG had positive earnings in the past year.
In the past year IEG had a positive cash flow from operations.
IEG had positive earnings in 4 of the past 5 years.
Of the past 5 years IEG 4 years had a positive operating cash flow.
1.2 Ratios
IEG has a Return On Assets of 14.07%. This is amongst the best in the industry. IEG outperforms 94.92% of its industry peers.
IEG has a better Return On Equity (40.70%) than 96.61% of its industry peers.
Looking at the Return On Invested Capital, with a value of 23.00%, IEG belongs to the top of the industry, outperforming 98.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.07% | ||
| ROE | 40.7% | ||
| ROIC | 23% |
ROA(3y)3.91%
ROA(5y)1.69%
ROE(3y)12.01%
ROE(5y)5.11%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 14.69%, IEG belongs to the best of the industry, outperforming 91.53% of the companies in the same industry.
IEG's Profit Margin has improved in the last couple of years.
The Operating Margin of IEG (20.68%) is better than 96.61% of its industry peers.
IEG's Operating Margin has improved in the last couple of years.
IEG has a Gross Margin (46.58%) which is in line with its industry peers.
In the last couple of years the Gross Margin of IEG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.68% | ||
| PM (TTM) | 14.69% | ||
| GM | 46.58% |
OM growth 3Y24.11%
OM growth 5Y6.18%
PM growth 3Y78.2%
PM growth 5Y12.02%
GM growth 3Y15.88%
GM growth 5Y0.99%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), IEG is creating value.
The number of shares outstanding for IEG has been reduced compared to 1 year ago.
IEG has less shares outstanding than it did 5 years ago.
The debt/assets ratio for IEG has been reduced compared to a year ago.
2.2 Solvency
IEG has an Altman-Z score of 2.05. This is not the best score and indicates that IEG is in the grey zone with still only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.05, IEG is doing good in the industry, outperforming 74.58% of the companies in the same industry.
IEG has a debt to FCF ratio of 4.12. This is a neutral value as IEG would need 4.12 years to pay back of all of its debts.
The Debt to FCF ratio of IEG (4.12) is better than 66.10% of its industry peers.
A Debt/Equity ratio of 0.71 indicates that IEG is somewhat dependend on debt financing.
IEG has a Debt to Equity ratio of 0.71. This is comparable to the rest of the industry: IEG outperforms 55.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 4.12 | ||
| Altman-Z | 2.05 |
ROIC/WACC3.39
WACC6.78%
2.3 Liquidity
IEG has a Current Ratio of 0.74. This is a bad value and indicates that IEG is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of IEG (0.74) is worse than 72.88% of its industry peers.
IEG has a Quick Ratio of 0.74. This is a bad value and indicates that IEG is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.73, IEG is doing worse than 66.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.74 | ||
| Quick Ratio | 0.73 |
3. Growth
3.1 Past
IEG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 116.43%, which is quite impressive.
IEG shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 20.23% yearly.
The Revenue has grown by 20.11% in the past year. This is a very strong growth!
IEG shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.11% yearly.
EPS 1Y (TTM)116.43%
EPS 3Y170.14%
EPS 5Y20.23%
EPS Q2Q%280.4%
Revenue 1Y (TTM)20.11%
Revenue growth 3Y51.12%
Revenue growth 5Y7.11%
Sales Q2Q%22.78%
3.2 Future
Based on estimates for the next years, IEG will show a small growth in Earnings Per Share. The EPS will grow by 2.40% on average per year.
The Revenue is expected to grow by 2.33% on average over the next years.
EPS Next Y-3.34%
EPS Next 2Y4.77%
EPS Next 3Y2.4%
EPS Next 5YN/A
Revenue Next Year1.59%
Revenue Next 2Y7.12%
Revenue Next 3Y4.97%
Revenue Next 5Y2.33%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 4.10, the valuation of IEG can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of IEG indicates a rather cheap valuation: IEG is cheaper than 94.92% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of IEG to the average of the S&P500 Index (28.87), we can say IEG is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 8.37, the valuation of IEG can be described as reasonable.
Based on the Price/Forward Earnings ratio, IEG is valued a bit cheaper than the industry average as 76.27% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.38, IEG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.1 | ||
| Fwd PE | 8.37 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, IEG is valued cheaply inside the industry as 86.44% of the companies are valued more expensively.
62.71% of the companies in the same industry are more expensive than IEG, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.91 | ||
| EV/EBITDA | 3.02 |
4.3 Compensation for Growth
The decent profitability rating of IEG may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.2
EPS Next 2Y4.77%
EPS Next 3Y2.4%
5. Dividend
5.1 Amount
IEG has a Yearly Dividend Yield of 2.78%.
Compared to an average industry Dividend Yield of 4.66, IEG pays a bit more dividend than its industry peers.
IEG's Dividend Yield is comparable with the S&P500 average which is at 2.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.78% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
IEG pays out 7.66% of its income as dividend. This is a sustainable payout ratio.
DP7.66%
EPS Next 2Y4.77%
EPS Next 3Y2.4%
BIT:IEG (4/28/2025, 3:20:11 PM)
7.5
-0.06 (-0.79%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners5.06%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap231.45M
Analysts82.86
Price Target8.57 (14.27%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.78% |
Yearly Dividend0.14
Dividend Growth(5Y)N/A
DP7.66%
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)14.55%
PT rev (3m)14.55%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)8.7%
EPS NY rev (3m)9.51%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.1 | ||
| Fwd PE | 8.37 | ||
| P/S | 0.61 | ||
| P/FCF | 7.91 | ||
| P/OCF | 4.46 | ||
| P/B | 1.69 | ||
| P/tB | 2.61 | ||
| EV/EBITDA | 3.02 |
EPS(TTM)1.83
EY24.4%
EPS(NY)0.9
Fwd EY11.94%
FCF(TTM)0.95
FCFY12.64%
OCF(TTM)1.68
OCFY22.41%
SpS12.31
BVpS4.44
TBVpS2.87
PEG (NY)N/A
PEG (5Y)0.2
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.07% | ||
| ROE | 40.7% | ||
| ROCE | 31.96% | ||
| ROIC | 23% | ||
| ROICexc | 30.79% | ||
| ROICexgc | 41.83% | ||
| OM | 20.68% | ||
| PM (TTM) | 14.69% | ||
| GM | 46.58% | ||
| FCFM | 7.7% |
ROA(3y)3.91%
ROA(5y)1.69%
ROE(3y)12.01%
ROE(5y)5.11%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y90.75%
ROICexcg growth 5Y17.75%
ROICexc growth 3Y85.18%
ROICexc growth 5Y15.44%
OM growth 3Y24.11%
OM growth 5Y6.18%
PM growth 3Y78.2%
PM growth 5Y12.02%
GM growth 3Y15.88%
GM growth 5Y0.99%
F-Score7
Asset Turnover0.96
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 4.12 | ||
| Debt/EBITDA | 1.01 | ||
| Cap/Depr | 126.79% | ||
| Cap/Sales | 5.95% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 53.82% | ||
| Profit Quality | 52.44% | ||
| Current Ratio | 0.74 | ||
| Quick Ratio | 0.73 | ||
| Altman-Z | 2.05 |
F-Score7
WACC6.78%
ROIC/WACC3.39
Cap/Depr(3y)71.6%
Cap/Depr(5y)52.5%
Cap/Sales(3y)5.64%
Cap/Sales(5y)5.81%
Profit Quality(3y)1249.2%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)116.43%
EPS 3Y170.14%
EPS 5Y20.23%
EPS Q2Q%280.4%
EPS Next Y-3.34%
EPS Next 2Y4.77%
EPS Next 3Y2.4%
EPS Next 5YN/A
Revenue 1Y (TTM)20.11%
Revenue growth 3Y51.12%
Revenue growth 5Y7.11%
Sales Q2Q%22.78%
Revenue Next Year1.59%
Revenue Next 2Y7.12%
Revenue Next 3Y4.97%
Revenue Next 5Y2.33%
EBIT growth 1Y77.84%
EBIT growth 3Y87.55%
EBIT growth 5Y13.74%
EBIT Next Year52.5%
EBIT Next 3Y19.86%
EBIT Next 5Y6.79%
FCF growth 1Y-25.18%
FCF growth 3Y-0.85%
FCF growth 5Y51.4%
OCF growth 1Y6.78%
OCF growth 3Y13.75%
OCF growth 5Y18.5%