IMMOBILIARE GRANDE DISTRIBUZ (IGD.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:IGD - IT0005322612 - REIT
3.39 EUR
+0.02 (+0.65%)
We assign a fundamental rating of 3 out of 10 to IGD. IGD was compared to 40 industry peers in the Diversified REITs industry. While IGD is still in line with the averages on profitability rating, there are concerns on its financial health. IGD is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year IGD was profitable.
IGD had a positive operating cash flow in the past year.
IGD had negative earnings in 4 of the past 5 years.
In the past 5 years IGD always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 0.82%, IGD is not doing good in the industry: 67.50% of the companies in the same industry are doing better.
IGD has a Return On Equity of 1.56%. This is in the lower half of the industry: IGD underperforms 65.00% of its industry peers.
IGD has a Return On Invested Capital of 5.84%. This is amongst the best in the industry. IGD outperforms 95.00% of its industry peers.
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 3.53%.
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 has a Profit Margin of 7.18%. This is in the lower half of the industry: IGD underperforms 65.00% 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.
IGD's Gross Margin of 85.86% is fine compared to the rest of the industry. IGD outperforms 75.00% 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.
The number of shares outstanding for IGD remains at a similar level compared to 1 year ago.
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 0.84. This is a bad value and indicates that IGD is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of IGD (0.84) is comparable to the rest of the 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.
IGD's Debt to FCF ratio of 22.55 is on the low side compared to the rest of the industry. IGD is outperformed by 65.00% 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.
IGD has a worse Debt to Equity ratio (0.79) than 70.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 22.55 | ||
| Altman-Z | 0.84 |
ROIC/WACC1.16
WACC5.03%
2.3 Liquidity
IGD has a Current 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 has a Current ratio of 0.52. This is comparable to the rest of the industry: IGD outperforms 55.00% of its industry peers.
A Quick Ratio of 0.23 indicates that IGD may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.23, IGD is doing worse than 70.00% of the companies in the same industry.
| 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.
IGD shows a decrease in Revenue. In the last year, the revenue decreased by -6.63%.
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
Based on estimates for the next years, IGD will show a very strong growth in Earnings Per Share. The EPS will grow by 29.89% on average per year.
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
Based on the Price/Earnings ratio of 24.21, the valuation of IGD can be described as rather expensive.
62.50% of the companies in the same industry are cheaper than IGD, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.92. IGD is around the same levels.
IGD is valuated reasonably with a Price/Forward Earnings ratio of 8.55.
IGD's Price/Forward Earnings ratio is rather cheap when compared to the industry. IGD is cheaper than 90.00% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.46, IGD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.21 | ||
| Fwd PE | 8.55 |
4.2 Price Multiples
IGD's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. IGD is cheaper than 100.00% of the companies in the same industry.
IGD's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.48 | ||
| EV/EBITDA | 8.31 |
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)0.62
PEG (5Y)N/A
EPS Next 2Y41.9%
EPS Next 3Y29.89%
5. Dividend
5.1 Amount
IGD has a Yearly Dividend Yield of 2.98%.
IGD's Dividend Yield is slightly below the industry average, which is at 5.16.
IGD's Dividend Yield is a higher than the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.98% |
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 (12/29/2025, 5:19:08 PM)
3.39
+0.02 (+0.65%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners10.17%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap374.05M
Revenue(TTM)210.56M
Net Income(TTM)15.11M
Analysts77.14
Price Target4.01 (18.29%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.98% |
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)9.26%
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 | 24.21 | ||
| Fwd PE | 8.55 | ||
| P/S | 1.78 | ||
| P/FCF | 10.48 | ||
| P/OCF | 6.9 | ||
| P/B | 0.39 | ||
| P/tB | 0.39 | ||
| EV/EBITDA | 8.31 |
EPS(TTM)0.14
EY4.13%
EPS(NY)0.4
Fwd EY11.7%
FCF(TTM)0.32
FCFY9.54%
OCF(TTM)0.49
OCFY14.5%
SpS1.91
BVpS8.77
TBVpS8.71
PEG (NY)0.62
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 | 0.84 |
F-Score4
WACC5.03%
ROIC/WACC1.16
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.
Can you provide the valuation status for IMMOBILIARE GRANDE DISTRIBUZ?
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.
Can you provide the expected EPS growth for IGD stock?
The Earnings per Share (EPS) of IMMOBILIARE GRANDE DISTRIBUZ (IGD.MI) is expected to grow by 38.97% in the next year.
How sustainable is the dividend of IMMOBILIARE GRANDE DISTRIBUZ (IGD.MI) stock?
The dividend rating of IMMOBILIARE GRANDE DISTRIBUZ (IGD.MI) is 2 / 10 and the dividend payout ratio is 72.52%.