IMMOBILIARE GRANDE DISTRIBUZ (IGD.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:IGD - IT0005322612 - REIT
3.47 EUR
-0.01 (-0.43%)
IGD gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 42 industry peers in the Diversified REITs industry. IGD has a medium profitability rating, but doesn't score so well on its financial health evaluation. IGD has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- IGD had positive earnings in the past year.
- In the past year IGD had a positive cash flow from operations.
- In the past 5 years IGD reported 4 times negative net income.
- IGD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of IGD (0.82%) is worse than 66.67% of its industry peers.
- The Return On Equity of IGD (1.56%) is worse than 64.29% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 5.84%, IGD belongs to the top of the industry, outperforming 95.24% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for IGD is in line with the industry average of 3.45%.
- The last Return On Invested Capital (5.84%) for IGD is above the 3 year average (3.96%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.82% | ||
| ROE | 1.56% | ||
| ROIC | 5.84% |
ROA(3y)-2.2%
ROA(5y)-1.48%
ROE(3y)-4.42%
ROE(5y)-3.08%
ROIC(3y)3.96%
ROIC(5y)3.84%
1.3 Margins
- IGD's Profit Margin of 7.18% is on the low side compared to the rest of the industry. IGD is outperformed by 64.29% of its industry peers.
- IGD's Operating Margin of 65.35% is in line compared to the rest of the industry. IGD outperforms 50.00% of its industry peers.
- IGD's Operating Margin has declined in the last couple of years.
- IGD has a better Gross Margin (85.86%) than 78.57% of its industry peers.
- IGD's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 65.35% | ||
| PM (TTM) | 7.18% | ||
| GM | 85.86% |
OM growth 3Y-2.82%
OM growth 5Y-2.28%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.68%
GM growth 5Y-1.13%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so IGD is still creating some value.
- Compared to 1 year ago, IGD has about the same amount of shares outstanding.
- The number of shares outstanding for IGD remains at a similar level compared to 5 years ago.
- The debt/assets ratio for IGD has been reduced compared to a year ago.
2.2 Solvency
- IGD has an Altman-Z score of 0.85. This is a bad value and indicates that IGD is not financially healthy and even has some risk of bankruptcy.
- IGD's Altman-Z score of 0.85 is in line compared to the rest of the industry. IGD outperforms 47.62% of its industry peers.
- The Debt to FCF ratio of IGD is 22.55, which is on the high side as it means it would take IGD, 22.55 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of IGD (22.55) is worse than 64.29% of its industry peers.
- IGD has a Debt/Equity ratio of 0.79. This is a neutral value indicating IGD is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.79, IGD is not doing good in the industry: 61.90% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 22.55 | ||
| Altman-Z | 0.85 |
ROIC/WACC1.15
WACC5.06%
2.3 Liquidity
- A Current Ratio of 0.52 indicates that IGD may have some problems paying its short term obligations.
- With a Current ratio value of 0.52, IGD perfoms like the industry average, outperforming 54.76% of the companies in the same industry.
- A Quick Ratio of 0.23 indicates that IGD may have some problems paying its short term obligations.
- IGD has a worse Quick ratio (0.23) than 69.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.52 | ||
| Quick Ratio | 0.23 |
3. Growth
3.1 Past
- IGD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 127.60%, which is quite impressive.
- The Revenue has decreased by -6.63% in the past year.
- Measured over the past years, IGD shows a decrease in Revenue. The Revenue has been decreasing by -2.17% on average per year.
EPS 1Y (TTM)127.6%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%132.59%
Revenue 1Y (TTM)-6.63%
Revenue growth 3Y-1.5%
Revenue growth 5Y-2.17%
Sales Q2Q%-5.1%
3.2 Future
- The Earnings Per Share is expected to grow by 29.89% on average over the next years. This is a very strong growth
- Based on estimates for the next years, IGD will show a decrease in Revenue. The Revenue will decrease by -0.91% on average per year.
EPS Next Y38.97%
EPS Next 2Y41.9%
EPS Next 3Y29.89%
EPS Next 5YN/A
Revenue Next Year-1.39%
Revenue Next 2Y-0.49%
Revenue Next 3Y-0.91%
Revenue Next 5YN/A
3.3 Evolution
- 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
- IGD is valuated rather expensively with a Price/Earnings ratio of 24.79.
- IGD's Price/Earnings ratio is a bit more expensive when compared to the industry. IGD is more expensive than 61.90% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.47. IGD is around the same levels.
- Based on the Price/Forward Earnings ratio of 8.75, the valuation of IGD can be described as reasonable.
- 88.10% of the companies in the same industry are more expensive than IGD, based on the Price/Forward Earnings ratio.
- When comparing the Price/Forward Earnings ratio of IGD to the average of the S&P500 Index (24.26), we can say IGD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.79 | ||
| Fwd PE | 8.75 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, IGD is valued cheaper than 100.00% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, IGD is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.73 | ||
| EV/EBITDA | 8.4 |
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 IGD's earnings are expected to grow with 29.89% in the coming years.
PEG (NY)0.64
PEG (5Y)N/A
EPS Next 2Y41.9%
EPS Next 3Y29.89%
5. Dividend
5.1 Amount
- IGD has a Yearly Dividend Yield of 2.82%.
- Compared to an average industry Dividend Yield of 4.99, IGD is paying slightly less dividend.
- Compared to an average S&P500 Dividend Yield of 1.89, IGD pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.82% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- IGD pays out 72.52% of its income as dividend. This is not a sustainable payout ratio.
DP72.52%
EPS Next 2Y41.9%
EPS Next 3Y29.89%
BIT:IGD (1/16/2026, 5:29:47 PM)
3.47
-0.01 (-0.43%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)11-11 2025-11-11
Earnings (Next)03-04 2026-03-04/amc
Inst Owners10.13%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap382.88M
Revenue(TTM)210.56M
Net Income(TTM)15.11M
Analysts80
Price Target4.01 (15.56%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.82% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP72.52%
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)2.61%
PT rev (3m)12.38%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-23.52%
EPS NY rev (3m)-23.52%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.79 | ||
| Fwd PE | 8.75 | ||
| P/S | 1.82 | ||
| P/FCF | 10.73 | ||
| P/OCF | 7.06 | ||
| P/B | 0.4 | ||
| P/tB | 0.4 | ||
| EV/EBITDA | 8.4 |
EPS(TTM)0.14
EY4.03%
EPS(NY)0.4
Fwd EY11.43%
FCF(TTM)0.32
FCFY9.32%
OCF(TTM)0.49
OCFY14.16%
SpS1.91
BVpS8.77
TBVpS8.71
PEG (NY)0.64
PEG (5Y)N/A
Graham Number5.26
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.82% | ||
| ROE | 1.56% | ||
| ROCE | 7.78% | ||
| ROIC | 5.84% | ||
| ROICexc | 5.85% | ||
| ROICexgc | 5.87% | ||
| OM | 65.35% | ||
| PM (TTM) | 7.18% | ||
| GM | 85.86% | ||
| FCFM | 16.94% |
ROA(3y)-2.2%
ROA(5y)-1.48%
ROE(3y)-4.42%
ROE(5y)-3.08%
ROIC(3y)3.96%
ROIC(5y)3.84%
ROICexc(3y)3.98%
ROICexc(5y)3.95%
ROICexgc(3y)4%
ROICexgc(5y)3.97%
ROCE(3y)5.28%
ROCE(5y)5.12%
ROICexgc growth 3Y0.48%
ROICexgc growth 5Y1.75%
ROICexc growth 3Y0.47%
ROICexc growth 5Y1.77%
OM growth 3Y-2.82%
OM growth 5Y-2.28%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.68%
GM growth 5Y-1.13%
F-Score4
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 22.55 | ||
| Debt/EBITDA | 5.42 | ||
| Cap/Depr | 533.97% | ||
| Cap/Sales | 8.81% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 38.44% | ||
| Profit Quality | 236.12% | ||
| Current Ratio | 0.52 | ||
| Quick Ratio | 0.23 | ||
| Altman-Z | 0.85 |
F-Score4
WACC5.06%
ROIC/WACC1.15
Cap/Depr(3y)1166.19%
Cap/Depr(5y)1734.49%
Cap/Sales(3y)16.55%
Cap/Sales(5y)14.34%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)127.6%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%132.59%
EPS Next Y38.97%
EPS Next 2Y41.9%
EPS Next 3Y29.89%
EPS Next 5YN/A
Revenue 1Y (TTM)-6.63%
Revenue growth 3Y-1.5%
Revenue growth 5Y-2.17%
Sales Q2Q%-5.1%
Revenue Next Year-1.39%
Revenue Next 2Y-0.49%
Revenue Next 3Y-0.91%
Revenue Next 5YN/A
EBIT growth 1Y-14.24%
EBIT growth 3Y-4.28%
EBIT growth 5Y-4.39%
EBIT Next Year26.44%
EBIT Next 3Y8.33%
EBIT Next 5Y5.8%
FCF growth 1Y-39.76%
FCF growth 3Y-23.29%
FCF growth 5Y-12.37%
OCF growth 1Y-41.18%
OCF growth 3Y-16.1%
OCF growth 5Y-12.89%
IMMOBILIARE GRANDE DISTRIBUZ / IGD.MI FAQ
What is the ChartMill fundamental rating of IMMOBILIARE GRANDE DISTRIBUZ (IGD.MI) stock?
ChartMill assigns a fundamental rating of 3 / 10 to IGD.MI.
What is the valuation status for IGD stock?
ChartMill assigns a valuation rating of 6 / 10 to IMMOBILIARE GRANDE DISTRIBUZ (IGD.MI). This can be considered as Fairly Valued.
What is the profitability of IGD stock?
IMMOBILIARE GRANDE DISTRIBUZ (IGD.MI) has a profitability rating of 4 / 10.
What is the valuation of IMMOBILIARE GRANDE DISTRIBUZ based on its PE and PB ratios?
The Price/Earnings (PE) ratio for IMMOBILIARE GRANDE DISTRIBUZ (IGD.MI) is 24.79 and the Price/Book (PB) ratio is 0.4.
Is the dividend of IMMOBILIARE GRANDE DISTRIBUZ sustainable?
The dividend rating of IMMOBILIARE GRANDE DISTRIBUZ (IGD.MI) is 2 / 10 and the dividend payout ratio is 72.52%.