IMMOBILIARE GRANDE DISTRIBUZ (IGD.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:IGD - IT0005322612 - REIT
3.5 EUR
+0.03 (+0.86%)
Taking everything into account, IGD scores 3 out of 10 in our fundamental rating. IGD was compared to 42 industry peers in the Diversified REITs industry. There are concerns on the financial health of IGD while its profitability can be described as average. 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.
- IGD had negative earnings in 4 of the past 5 years.
- IGD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 0.82%, IGD is doing worse than 66.67% of the companies in the same industry.
- IGD has a Return On Equity of 1.56%. This is in the lower half of the industry: IGD underperforms 64.29% of its industry peers.
- With an excellent Return On Invested Capital value of 5.84%, IGD belongs to the best of the industry, outperforming 95.24% of the companies in the same industry.
- IGD had an Average Return On Invested Capital over the past 3 years of 3.96%. This is in line with the industry average of 3.45%.
- The 3 year average ROIC (3.96%) for IGD is below the current ROIC(5.84%), indicating increased profibility in the last year.
| 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 has a Profit Margin of 7.18%. This is in the lower half of the industry: IGD underperforms 64.29% of its industry peers.
- The Operating Margin of IGD (65.35%) is comparable to the rest of the industry.
- IGD's Operating Margin has declined in the last couple of years.
- The Gross Margin of IGD (85.86%) is better 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
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), IGD is creating some value.
- IGD has about the same amout of shares outstanding than it did 1 year ago.
- The number of shares outstanding for IGD remains at a similar level compared to 5 years ago.
- Compared to 1 year ago, IGD has an improved debt to assets ratio.
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.
- Looking at the Altman-Z score, with a value of 0.85, IGD is in line with its industry, outperforming 47.62% of the companies in the same industry.
- IGD has a debt to FCF ratio of 22.55. This is a negative value and a sign of low solvency as IGD would need 22.55 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 22.55, IGD is doing worse than 64.29% of the companies in the same industry.
- A Debt/Equity ratio of 0.79 indicates that 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: 64.29% 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
WACC5.08%
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 52.38% of the companies in the same industry.
- IGD has a Quick Ratio of 0.52. This is a bad value and indicates that IGD is not financially healthy enough and could expect problems in meeting its short term obligations.
- IGD's Quick ratio of 0.23 is on the low side compared to the rest of the industry. IGD is outperformed by 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.52 | ||
| Quick Ratio | 0.23 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 127.60% over the past year.
- Looking at the last year, IGD shows a decrease in Revenue. The Revenue has decreased by -6.63% in the last year.
- The Revenue has been decreasing by -2.17% on average over the past years.
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
- IGD is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.91% yearly.
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
- Based on the Price/Earnings ratio of 25.00, the valuation of IGD can be described as rather expensive.
- 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 27.38. IGD is around the same levels.
- With a Price/Forward Earnings ratio of 8.83, the valuation of IGD can be described as very reasonable.
- Based on the Price/Forward Earnings ratio, IGD is valued cheaper than 88.10% of the companies in the same industry.
- IGD is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.29, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25 | ||
| Fwd PE | 8.83 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, IGD is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
- 66.67% of the companies in the same industry are more expensive than IGD, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.82 | ||
| EV/EBITDA | 8.39 |
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 2.87%.
- IGD's Dividend Yield is slightly below the industry average, which is at 5.42.
- IGD's Dividend Yield is rather good when compared to the S&P500 average which is at 1.85.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.87% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 72.52% of the earnings are spent on dividend by IGD. This is not a sustainable payout ratio.
DP72.52%
EPS Next 2Y41.9%
EPS Next 3Y29.89%
BIT:IGD (1/19/2026, 4:04:46 PM)
3.5
+0.03 (+0.86%)
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 Cap386.19M
Revenue(TTM)210.56M
Net Income(TTM)15.11M
Analysts80
Price Target4.01 (14.57%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.87% |
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)0%
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 | 25 | ||
| Fwd PE | 8.83 | ||
| P/S | 1.83 | ||
| P/FCF | 10.82 | ||
| P/OCF | 7.12 | ||
| P/B | 0.4 | ||
| P/tB | 0.4 | ||
| EV/EBITDA | 8.39 |
EPS(TTM)0.14
EY4%
EPS(NY)0.4
Fwd EY11.33%
FCF(TTM)0.32
FCFY9.24%
OCF(TTM)0.49
OCFY14.04%
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
WACC5.08%
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 25 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 3 / 10 and the dividend payout ratio is 72.52%.