ITALGAS SPA (IG.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:IG - IT0005211237 - Common Stock
9.91 EUR
-0.15 (-1.49%)
We assign a fundamental rating of 5 out of 10 to IG. IG was compared to 6 industry peers in the Gas Utilities industry. IG scores excellent on profitability, but there are concerns on its financial health. IG is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
IG had positive earnings in the past year.
In the past year IG had a positive cash flow from operations.
In the past 5 years IG has always been profitable.
IG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of IG (4.88%) is worse than 66.67% of its industry peers.
The Return On Equity of IG (25.06%) is better than 100.00% of its industry peers.
IG has a Return On Invested Capital of 7.59%. This is in the better half of the industry: IG outperforms 66.67% of its industry peers.
The Average Return On Invested Capital over the past 3 years for IG is in line with the industry average of 7.08%.
The last Return On Invested Capital (7.59%) for IG is above the 3 year average (5.76%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.88% | ||
| ROE | 25.06% | ||
| ROIC | 7.59% |
ROA(3y)3.88%
ROA(5y)3.89%
ROE(3y)19.36%
ROE(5y)19.88%
ROIC(3y)5.76%
ROIC(5y)5.76%
1.3 Margins
With a decent Profit Margin value of 22.07%, IG is doing good in the industry, outperforming 66.67% of the companies in the same industry.
IG's Profit Margin has declined in the last couple of years.
The Operating Margin of IG (38.76%) is better than 83.33% of its industry peers.
IG's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 58.56%, IG belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
In the last couple of years the Gross Margin of IG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 38.76% | ||
| PM (TTM) | 22.07% | ||
| GM | 58.56% |
OM growth 3Y5.85%
OM growth 5Y2.8%
PM growth 3Y3.77%
PM growth 5Y-3.36%
GM growth 3Y0.16%
GM growth 5Y0.23%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), IG is creating some value.
The number of shares outstanding for IG remains at a similar level compared to 1 year ago.
The number of shares outstanding for IG has been increased compared to 5 years ago.
IG has a better debt/assets ratio than last year.
2.2 Solvency
IG has an Altman-Z score of 0.99. This is a bad value and indicates that IG is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.99, IG is doing worse than 83.33% of the companies in the same industry.
IG has a debt to FCF ratio of 33.56. This is a negative value and a sign of low solvency as IG would need 33.56 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 33.56, IG is in line with its industry, outperforming 50.00% of the companies in the same industry.
IG has a Debt/Equity ratio of 3.07. This is a high value indicating a heavy dependency on external financing.
IG has a worse Debt to Equity ratio (3.07) than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.07 | ||
| Debt/FCF | 33.56 | ||
| Altman-Z | 0.99 |
ROIC/WACC1.44
WACC5.27%
2.3 Liquidity
A Current Ratio of 0.81 indicates that IG may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.81, IG is doing worse than 83.33% of the companies in the same industry.
IG has a Quick Ratio of 0.81. This is a bad value and indicates that IG is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.77, IG is in line with its industry, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.77 |
3. Growth
3.1 Past
IG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 50.00%, which is quite impressive.
IG shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.46% yearly.
The Revenue has grown by 27.28% in the past year. This is a very strong growth!
Measured over the past years, IG shows a small growth in Revenue. The Revenue has been growing by 6.80% on average per year.
EPS 1Y (TTM)50%
EPS 3Y-30.18%
EPS 5Y5.46%
EPS Q2Q%17.13%
Revenue 1Y (TTM)27.28%
Revenue growth 3Y6.24%
Revenue growth 5Y6.8%
Sales Q2Q%54.19%
3.2 Future
Based on estimates for the next years, IG will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.59% on average per year.
IG is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.29% yearly.
EPS Next Y9.62%
EPS Next 2Y12.84%
EPS Next 3Y15.69%
EPS Next 5Y13.59%
Revenue Next Year23.48%
Revenue Next 2Y10.88%
Revenue Next 3Y19.75%
Revenue Next 5Y15.29%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 22.02, IG is valued on the expensive side.
Based on the Price/Earnings ratio, IG is valued more expensive than 83.33% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.25, IG is valued at the same level.
Based on the Price/Forward Earnings ratio of 17.27, the valuation of IG can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of IG is on the same level as its industry peers.
IG's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.02 | ||
| Fwd PE | 17.27 |
4.2 Price Multiples
66.67% of the companies in the same industry are cheaper than IG, based on the Enterprise Value to EBITDA ratio.
IG's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.71 | ||
| EV/EBITDA | 10.07 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of IG may justify a higher PE ratio.
IG's earnings are expected to grow with 15.69% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.29
PEG (5Y)4.03
EPS Next 2Y12.84%
EPS Next 3Y15.69%
5. Dividend
5.1 Amount
IG has a Yearly Dividend Yield of 3.85%.
IG's Dividend Yield is slightly below the industry average, which is at 4.78.
IG's Dividend Yield is rather good when compared to the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.85% |
5.2 History
On average, the dividend of IG grows each year by 6.22%, which is quite nice.
Dividend Growth(5Y)6.22%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
39.58% of the earnings are spent on dividend by IG. This is a low number and sustainable payout ratio.
The dividend of IG is growing, but earnings are growing more, so the dividend growth is sustainable.
DP39.58%
EPS Next 2Y12.84%
EPS Next 3Y15.69%
BIT:IG (1/13/2026, 5:36:15 PM)
9.91
-0.15 (-1.49%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners33.58%
Inst Owner ChangeN/A
Ins Owners3.38%
Ins Owner ChangeN/A
Market Cap10.06B
Revenue(TTM)4.17B
Net Income(TTM)871.52M
Analysts76.67
Price Target9.84 (-0.71%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.85% |
Yearly Dividend0.35
Dividend Growth(5Y)6.22%
DP39.58%
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)25.27%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.21%
EPS NY rev (3m)2.55%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)0.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.02 | ||
| Fwd PE | 17.27 | ||
| P/S | 2.55 | ||
| P/FCF | 29.71 | ||
| P/OCF | 7.69 | ||
| P/B | 2.89 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.07 |
EPS(TTM)0.45
EY4.54%
EPS(NY)0.57
Fwd EY5.79%
FCF(TTM)0.33
FCFY3.37%
OCF(TTM)1.29
OCFY13%
SpS3.89
BVpS3.42
TBVpS-10.65
PEG (NY)2.29
PEG (5Y)4.03
Graham Number5.89
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.88% | ||
| ROE | 25.06% | ||
| ROCE | 9.83% | ||
| ROIC | 7.59% | ||
| ROICexc | 7.78% | ||
| ROICexgc | 122.81% | ||
| OM | 38.76% | ||
| PM (TTM) | 22.07% | ||
| GM | 58.56% | ||
| FCFM | 8.58% |
ROA(3y)3.88%
ROA(5y)3.89%
ROE(3y)19.36%
ROE(5y)19.88%
ROIC(3y)5.76%
ROIC(5y)5.76%
ROICexc(3y)5.99%
ROICexc(5y)6.22%
ROICexgc(3y)75.97%
ROICexgc(5y)N/A
ROCE(3y)7.65%
ROCE(5y)7.56%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y2.21%
ROICexc growth 5Y1.43%
OM growth 3Y5.85%
OM growth 5Y2.8%
PM growth 3Y3.77%
PM growth 5Y-3.36%
GM growth 3Y0.16%
GM growth 5Y0.23%
F-Score4
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.07 | ||
| Debt/FCF | 33.56 | ||
| Debt/EBITDA | 5.09 | ||
| Cap/Depr | 170.7% | ||
| Cap/Sales | 24.55% | ||
| Interest Coverage | 9.24 | ||
| Cash Conversion | 62.34% | ||
| Profit Quality | 38.87% | ||
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.77 | ||
| Altman-Z | 0.99 |
F-Score4
WACC5.27%
ROIC/WACC1.44
Cap/Depr(3y)164.61%
Cap/Depr(5y)169.68%
Cap/Sales(3y)35.08%
Cap/Sales(5y)36.12%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)50%
EPS 3Y-30.18%
EPS 5Y5.46%
EPS Q2Q%17.13%
EPS Next Y9.62%
EPS Next 2Y12.84%
EPS Next 3Y15.69%
EPS Next 5Y13.59%
Revenue 1Y (TTM)27.28%
Revenue growth 3Y6.24%
Revenue growth 5Y6.8%
Sales Q2Q%54.19%
Revenue Next Year23.48%
Revenue Next 2Y10.88%
Revenue Next 3Y19.75%
Revenue Next 5Y15.29%
EBIT growth 1Y34.47%
EBIT growth 3Y11.89%
EBIT growth 5Y9.35%
EBIT Next Year134.8%
EBIT Next 3Y42.13%
EBIT Next 5Y26.17%
FCF growth 1Y190.01%
FCF growth 3Y117.41%
FCF growth 5Y51.61%
OCF growth 1Y219.31%
OCF growth 3Y9.38%
OCF growth 5Y8.67%
ITALGAS SPA / IG.MI FAQ
Can you provide the ChartMill fundamental rating for ITALGAS SPA?
ChartMill assigns a fundamental rating of 5 / 10 to IG.MI.
Can you provide the valuation status for ITALGAS SPA?
ChartMill assigns a valuation rating of 2 / 10 to ITALGAS SPA (IG.MI). This can be considered as Overvalued.
How profitable is ITALGAS SPA (IG.MI) stock?
ITALGAS SPA (IG.MI) has a profitability rating of 7 / 10.
What is the financial health of ITALGAS SPA (IG.MI) stock?
The financial health rating of ITALGAS SPA (IG.MI) is 2 / 10.
Can you provide the expected EPS growth for IG stock?
The Earnings per Share (EPS) of ITALGAS SPA (IG.MI) is expected to grow by 9.62% in the next year.