IMMOBILIARE GRANDE DISTRIBUZ (IGD.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:IGD - IT0005322612 - REIT
3.495 EUR
-0.03 (-0.99%)
Taking everything into account, IGD scores 3 out of 10 in our fundamental rating. IGD was compared to 40 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
In the past year IGD was profitable.
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
Looking at the Return On Assets, with a value of 0.82%, IGD is doing worse than 65.00% of the companies in the same industry.
IGD's Return On Equity of 1.56% is on the low side compared to the rest of the industry. IGD is outperformed by 62.50% 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 95.00% 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 3.46%.
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 worse Profit Margin (7.18%) than 62.50% of its industry peers.
IGD has a Operating Margin (65.35%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of IGD has declined.
With a decent Gross Margin value of 85.86%, IGD is doing good in the industry, outperforming 75.00% of the companies in the same industry.
In the last couple of years the Gross Margin of IGD has remained more or less at the same level.
| 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.
IGD has about the same amout of shares outstanding than it did 5 years ago.
IGD has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.86, we must say that IGD is in the distress zone and has some risk of bankruptcy.
IGD has a Altman-Z score of 0.86. This is comparable to the rest of the industry: IGD outperforms 50.00% 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.
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 62.50% 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 Debt to Equity ratio of 0.79. This is in the lower half of the industry: IGD underperforms 67.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 22.55 | ||
| Altman-Z | 0.86 |
ROIC/WACC1.15
WACC5.07%
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 52.50% 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 72.50% 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 33.18% on average over the next years. This is a very strong growth
The Revenue is expected to decrease by -0.91% on average over the next years.
EPS Next Y81.71%
EPS Next 2Y52.36%
EPS Next 3Y33.18%
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
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
IGD is valuated rather expensively with a Price/Earnings ratio of 24.96.
IGD's Price/Earnings ratio is a bit more expensive when compared to the industry. IGD is more expensive than 62.50% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.34. IGD is around the same levels.
IGD is valuated cheaply with a Price/Forward Earnings ratio of 7.64.
92.50% 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 (23.56), we can say IGD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.96 | ||
| Fwd PE | 7.64 |
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.
The rest of the industry has a similar Price/Free Cash Flow ratio as IGD.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.81 | ||
| EV/EBITDA | 8.44 |
4.3 Compensation for Growth
IGD's 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 33.18% in the coming years.
PEG (NY)0.31
PEG (5Y)N/A
EPS Next 2Y52.36%
EPS Next 3Y33.18%
5. Dividend
5.1 Amount
IGD has a Yearly Dividend Yield of 2.84%.
Compared to an average industry Dividend Yield of 5.96, IGD is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.31, IGD pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.84% |
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 2Y52.36%
EPS Next 3Y33.18%
BIT:IGD (12/9/2025, 4:30:02 PM)
3.495
-0.03 (-0.99%)
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 Cap385.64M
Revenue(TTM)210.56M
Net Income(TTM)15.11M
Analysts77.14
Price Target3.91 (11.87%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.84% |
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)9.52%
PT rev (3m)9.52%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.96 | ||
| Fwd PE | 7.64 | ||
| P/S | 1.83 | ||
| P/FCF | 10.81 | ||
| P/OCF | 7.11 | ||
| P/B | 0.4 | ||
| P/tB | 0.4 | ||
| EV/EBITDA | 8.44 |
EPS(TTM)0.14
EY4.01%
EPS(NY)0.46
Fwd EY13.08%
FCF(TTM)0.32
FCFY9.25%
OCF(TTM)0.49
OCFY14.06%
SpS1.91
BVpS8.77
TBVpS8.71
PEG (NY)0.31
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 | 0.86 |
F-Score4
WACC5.07%
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 Y81.71%
EPS Next 2Y52.36%
EPS Next 3Y33.18%
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 3Y8.51%
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 81.71% 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%.