IMMOBILIARE GRANDE DISTRIBUZ (IGD.MI) Stock Fundamental Analysis
Europe • Euronext Milan • BIT:IGD • IT0005322612
3.57 EUR
+0.01 (+0.42%)
Last: Jan 30, 2026, 07:00 PM
We assign a fundamental rating of 3 out of 10 to IGD. IGD was compared to 41 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 is valued correctly, 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
- With a Return On Assets value of 0.82%, IGD is not doing good in the industry: 65.85% of the companies in the same industry are doing better.
- IGD's Return On Equity of 1.56% is on the low side compared to the rest of the industry. IGD is outperformed by 63.41% of its industry peers.
- IGD's Return On Invested Capital of 5.84% is amongst the best of the industry. IGD outperforms 97.56% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for IGD is in line with the industry average of 3.37%.
- 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 63.41% of its industry peers.
- IGD has a Operating Margin of 65.35%. This is comparable to the rest of the industry: IGD outperforms 48.78% of its industry peers.
- In the last couple of years the Operating Margin of IGD has declined.
- The Gross Margin of IGD (85.86%) is better than 78.05% 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
- IGD has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is 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 0.86. This is a bad value and indicates that IGD is not financially healthy and even has some risk of bankruptcy.
- With a Altman-Z score value of 0.86, IGD perfoms like the industry average, outperforming 48.78% 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.
- 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 63.41% of its industry peers.
- A Debt/Equity ratio of 0.79 indicates that IGD is somewhat dependend on debt financing.
- IGD has a worse Debt to Equity ratio (0.79) than 60.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 22.55 | ||
| Altman-Z | 0.86 |
ROIC/WACC1.14
WACC5.11%
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.
- With a Current ratio value of 0.52, IGD perfoms like the industry average, outperforming 53.66% 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 has a Quick ratio of 0.23. This is in the lower half of the industry: IGD underperforms 70.73% 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.
- 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
- IGD is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 29.89% yearly.
- The Revenue is expected to decrease by -0.91% on average over the next years.
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
- 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 quite expensively with a Price/Earnings ratio of 25.50.
- Based on the Price/Earnings ratio, IGD is valued a bit more expensive than 60.98% of the companies in the same industry.
- IGD is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 28.30, which is the current average of the S&P500 Index.
- The Price/Forward Earnings ratio is 9.00, which indicates a very decent valuation of IGD.
- 85.37% of the companies in the same industry are more expensive than IGD, based on the Price/Forward Earnings ratio.
- IGD's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.57.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.5 | ||
| Fwd PE | 9 |
4.2 Price Multiples
- 100.00% of the companies in the same industry are more expensive than IGD, based on the Enterprise Value to EBITDA ratio.
- IGD's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. IGD is cheaper than 65.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.04 | ||
| EV/EBITDA | 8.46 |
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 29.89% in the coming years.
PEG (NY)0.65
PEG (5Y)N/A
EPS Next 2Y41.9%
EPS Next 3Y29.89%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 2.81%, IGD has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 5.41, IGD is paying slightly less dividend.
- Compared to an average S&P500 Dividend Yield of 1.82, IGD pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.81% |
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%
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 25.5 and the Price/Book (PB) ratio is 0.41.
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%.