ITALIAN EXHIBITION GROUP SPA (IEG.MI) Stock Fundamental Analysis
BIT:IEG - Borsa Italiana Milan - IT0003411417 - Common Stock - Currency: EUR
Overall IEG gets a fundamental rating of 6 out of 10. We evaluated IEG against 69 industry peers in the Media industry. IEG has an excellent profitability rating, but there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on IEG. These ratings could make IEG a good candidate for value investing.
1. Profitability
1.1 Basic Checks
IEG had positive earnings in the past year.
IEG had a positive operating cash flow in the past year.
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
With an excellent Return On Assets value of 12.60%, IEG belongs to the best of the industry, outperforming 93.55% of the companies in the same industry.
Looking at the Return On Equity, with a value of 37.73%, IEG belongs to the top of the industry, outperforming 93.55% of the companies in the same industry.
IEG's Return On Invested Capital of 20.90% is amongst the best of the industry. IEG outperforms 96.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.6% | ||
| ROE | 37.73% | ||
| ROIC | 20.9% |
ROA(3y)1.4%
ROA(5y)0.87%
ROE(3y)4.85%
ROE(5y)2.94%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of IEG (13.05%) is better than 85.48% of its industry peers.
IEG's Profit Margin has been stable in the last couple of years.
The Operating Margin of IEG (18.14%) is better than 93.55% of its industry peers.
In the last couple of years the Operating Margin of IEG has remained more or less at the same level.
With a Gross Margin value of 47.05%, IEG perfoms like the industry average, outperforming 41.94% of the companies in the same industry.
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 | 18.14% | ||
| PM (TTM) | 13.05% | ||
| GM | 47.05% |
OM growth 3YN/A
OM growth 5Y-0.14%
PM growth 3YN/A
PM growth 5Y-1.39%
GM growth 3Y9.49%
GM growth 5Y0.22%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), IEG is creating value.
IEG has less shares outstanding than it did 1 year ago.
The number of shares outstanding for IEG has been reduced compared to 5 years ago.
IEG has a better debt/assets ratio than last year.
2.2 Solvency
IEG has an Altman-Z score of 1.96. 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.
The Altman-Z score of IEG (1.96) is better than 61.29% of its industry peers.
IEG has a debt to FCF ratio of 3.64. This is a good value and a sign of high solvency as IEG would need 3.64 years to pay back of all of its debts.
IEG has a Debt to FCF ratio of 3.64. This is in the better half of the industry: IEG outperforms 66.13% of its industry peers.
IEG has a Debt/Equity ratio of 0.79. This is a neutral value indicating IEG is somewhat dependend on debt financing.
IEG's Debt to Equity ratio of 0.79 is in line compared to the rest of the industry. IEG outperforms 43.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 3.64 | ||
| Altman-Z | 1.96 |
ROIC/WACC3.27
WACC6.4%
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.
IEG's Current ratio of 0.74 is on the low side compared to the rest of the industry. IEG is outperformed by 74.19% 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.
With a Quick ratio value of 0.74, IEG is not doing good in the industry: 69.35% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.74 | ||
| Quick Ratio | 0.74 |
3. Growth
3.1 Past
IEG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 63.81%, which is quite impressive.
Measured over the past 5 years, IEG shows a small growth in Earnings Per Share. The EPS has been growing by 4.46% on average per year.
IEG shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.27%.
Measured over the past years, IEG shows a small growth in Revenue. The Revenue has been growing by 5.82% on average per year.
EPS 1Y (TTM)63.81%
EPS 3YN/A
EPS 5Y4.46%
EPS Q2Q%574.86%
Revenue 1Y (TTM)16.27%
Revenue growth 3Y40.86%
Revenue growth 5Y5.82%
Sales Q2Q%42.03%
3.2 Future
IEG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.69% yearly.
The Revenue is expected to grow by 4.13% on average over the next years.
EPS Next Y58.67%
EPS Next 2Y20.54%
EPS Next 3Y17.69%
EPS Next 5YN/A
Revenue Next Year15.91%
Revenue Next 2Y9.36%
Revenue Next 3Y9.12%
Revenue Next 5Y4.13%
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.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 4.86 indicates a rather cheap valuation of IEG.
Based on the Price/Earnings ratio, IEG is valued cheaper than 87.10% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 28.47. IEG is valued rather cheaply when compared to this.
IEG is valuated reasonably with a Price/Forward Earnings ratio of 9.03.
64.52% of the companies in the same industry are more expensive than IEG, based on the Price/Forward Earnings ratio.
IEG is valuated cheaply when we compare the Price/Forward Earnings ratio to 92.74, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.86 | ||
| Fwd PE | 9.03 |
4.2 Price Multiples
82.26% of the companies in the same industry are more expensive than IEG, based on the Enterprise Value to EBITDA ratio.
64.52% 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 | 6.85 | ||
| EV/EBITDA | 3.68 |
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.
IEG has a very decent profitability rating, which may justify a higher PE ratio.
IEG's earnings are expected to grow with 17.69% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.08
PEG (5Y)1.09
EPS Next 2Y20.54%
EPS Next 3Y17.69%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.90%, IEG has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 5.05, IEG has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.28, IEG has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.9% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y20.54%
EPS Next 3Y17.69%
ITALIAN EXHIBITION GROUP SPA
BIT:IEG (2/4/2025, 7:00:00 PM)
7.44
+0.14 (+1.92%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners4.71%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap229.60M
Analysts82.86
Price Target7.48 (0.54%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.9% |
Yearly Dividend0.18
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)3.77%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)1.95%
EPS NY rev (3m)1.95%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.63%
Revenue NY rev (3m)0.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.86 | ||
| Fwd PE | 9.03 | ||
| P/S | 0.64 | ||
| P/FCF | 6.85 | ||
| P/OCF | 4.35 | ||
| P/B | 1.85 | ||
| P/tB | 2.82 | ||
| EV/EBITDA | 3.68 |
EPS(TTM)1.53
EY20.56%
EPS(NY)0.82
Fwd EY11.07%
FCF(TTM)1.09
FCFY14.6%
OCF(TTM)1.71
OCFY22.98%
SpS11.62
BVpS4.02
TBVpS2.64
PEG (NY)0.08
PEG (5Y)1.09
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.6% | ||
| ROE | 37.73% | ||
| ROCE | 27.86% | ||
| ROIC | 20.9% | ||
| ROICexc | 26.07% | ||
| ROICexgc | 33.74% | ||
| OM | 18.14% | ||
| PM (TTM) | 13.05% | ||
| GM | 47.05% | ||
| FCFM | 9.35% |
ROA(3y)1.4%
ROA(5y)0.87%
ROE(3y)4.85%
ROE(5y)2.94%
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 3YN/A
ROICexcg growth 5Y6.78%
ROICexc growth 3YN/A
ROICexc growth 5Y5.22%
OM growth 3YN/A
OM growth 5Y-0.14%
PM growth 3YN/A
PM growth 5Y-1.39%
GM growth 3Y9.49%
GM growth 5Y0.22%
F-Score8
Asset Turnover0.97
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 3.64 | ||
| Debt/EBITDA | 1.18 | ||
| Cap/Depr | 109.39% | ||
| Cap/Sales | 5.36% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 63.86% | ||
| Profit Quality | 71.68% | ||
| Current Ratio | 0.74 | ||
| Quick Ratio | 0.74 | ||
| Altman-Z | 1.96 |
F-Score8
WACC6.4%
ROIC/WACC3.27
Cap/Depr(3y)39.96%
Cap/Depr(5y)49.61%
Cap/Sales(3y)5.02%
Cap/Sales(5y)6.09%
Profit Quality(3y)1828.09%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)63.81%
EPS 3YN/A
EPS 5Y4.46%
EPS Q2Q%574.86%
EPS Next Y58.67%
EPS Next 2Y20.54%
EPS Next 3Y17.69%
EPS Next 5YN/A
Revenue 1Y (TTM)16.27%
Revenue growth 3Y40.86%
Revenue growth 5Y5.82%
Sales Q2Q%42.03%
Revenue Next Year15.91%
Revenue Next 2Y9.36%
Revenue Next 3Y9.12%
Revenue Next 5Y4.13%
EBIT growth 1Y49.42%
EBIT growth 3YN/A
EBIT growth 5Y5.67%
EBIT Next Year114.87%
EBIT Next 3Y34.85%
EBIT Next 5Y14.58%
FCF growth 1Y5.48%
FCF growth 3YN/A
FCF growth 5Y9.33%
OCF growth 1Y47.14%
OCF growth 3YN/A
OCF growth 5Y6.77%