IMMOBILIARE GRANDE DISTRIBUZ (IGD.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:IGD - IT0005322612 - REIT
3.488 EUR
-0.04 (-1.19%)
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 on the other hand it scores bad on growth.
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.
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
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.
With an excellent Return On Invested Capital value of 5.84%, IGD belongs to the best of the industry, outperforming 92.86% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for IGD is in line with the industry average of 3.55%.
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 64.29% of its industry peers.
With a Operating Margin value of 65.35%, IGD perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
In the last couple of years the Operating Margin of IGD has declined.
IGD's Gross Margin of 85.86% is fine compared to the rest of the industry. IGD outperforms 76.19% of its industry peers.
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.
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.
Compared to 1 year ago, IGD has an improved debt to assets ratio.
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.
The Altman-Z score of IGD (0.86) 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 has a Debt to FCF ratio of 22.55. This is in the lower half of the industry: IGD underperforms 64.29% of its industry peers.
A Debt/Equity ratio of 0.79 indicates that IGD is somewhat dependend on debt financing.
IGD's Debt to Equity ratio of 0.79 is on the low side compared to the rest of the industry. IGD is outperformed by 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 22.55 | ||
| Altman-Z | 0.86 |
ROIC/WACC1.15
WACC5.06%
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 57.14% 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.
The Quick ratio of IGD (0.23) is worse than 66.67% 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.
The Revenue has decreased by -6.63% in the past 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
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.
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 rather expensively with a Price/Earnings ratio of 24.91.
Based on the Price/Earnings ratio, IGD is valued a bit more expensive than the industry average as 61.90% of the companies are valued more cheaply.
The average S&P500 Price/Earnings ratio is at 27.19. IGD is around the same levels.
A Price/Forward Earnings ratio of 8.79 indicates a reasonable valuation of IGD.
Based on the Price/Forward Earnings ratio, IGD is valued cheaply inside the industry as 88.10% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.88, IGD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.91 | ||
| Fwd PE | 8.79 |
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.
Based on the Price/Free Cash Flow ratio, IGD is valued a bit cheaper than the industry average as 64.29% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.79 | ||
| 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 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 2.88%.
IGD's Dividend Yield is slightly below the industry average, which is at 5.03.
Compared to an average S&P500 Dividend Yield of 1.94, IGD pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.88% |
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 (1/9/2026, 5:29:48 PM)
3.488
-0.04 (-1.19%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners10.13%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap384.87M
Revenue(TTM)210.56M
Net Income(TTM)15.11M
Analysts77.14
Price Target4.01 (14.97%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.88% |
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 | 24.91 | ||
| Fwd PE | 8.79 | ||
| P/S | 1.83 | ||
| P/FCF | 10.79 | ||
| P/OCF | 7.1 | ||
| P/B | 0.4 | ||
| P/tB | 0.4 | ||
| EV/EBITDA | 8.44 |
EPS(TTM)0.14
EY4.01%
EPS(NY)0.4
Fwd EY11.37%
FCF(TTM)0.32
FCFY9.27%
OCF(TTM)0.49
OCFY14.09%
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 | 0.86 |
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 24.91 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%.