I GRANDI VIAGGI SPA (IGV.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:IGV - IT0005108219 - Common Stock
2.51 EUR
-0.08 (-2.9%)
IGV gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 62 industry peers in the Hotels, Restaurants & Leisure industry. IGV has only an average score on both its financial health and profitability. IGV is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year IGV was profitable.
- IGV had a positive operating cash flow in the past year.
- In multiple years IGV reported negative net income over the last 5 years.
- Of the past 5 years IGV 4 years had a positive operating cash flow.
1.2 Ratios
- The Return On Assets of IGV (1.99%) is worse than 61.29% of its industry peers.
- The Return On Equity of IGV (3.05%) is comparable to the rest of the industry.
- With a Return On Invested Capital value of 4.13%, IGV perfoms like the industry average, outperforming 41.94% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for IGV is significantly below the industry average of 12.01%.
- The 3 year average ROIC (2.85%) for IGV is below the current ROIC(4.13%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.99% | ||
| ROE | 3.05% | ||
| ROIC | 4.13% |
ROA(3y)1.86%
ROA(5y)-0.31%
ROE(3y)2.79%
ROE(5y)-0.63%
ROIC(3y)2.85%
ROIC(5y)N/A
1.3 Margins
- The Profit Margin of IGV (2.98%) is comparable to the rest of the industry.
- IGV has a Operating Margin (5.79%) which is comparable to the rest of the industry.
- IGV has a Gross Margin (35.79%) which is comparable to the rest of the industry.
- In the last couple of years the Gross Margin of IGV has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.79% | ||
| PM (TTM) | 2.98% | ||
| GM | 35.79% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.41%
GM growth 5Y2.43%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so IGV is destroying value.
- IGV has about the same amout of shares outstanding than it did 1 year ago.
- The number of shares outstanding for IGV remains at a similar level compared to 5 years ago.
- Compared to 1 year ago, IGV has a worse debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 3.26 indicates that IGV is not in any danger for bankruptcy at the moment.
- IGV's Altman-Z score of 3.26 is fine compared to the rest of the industry. IGV outperforms 75.81% of its industry peers.
- The Debt to FCF ratio of IGV is 0.64, which is an excellent value as it means it would take IGV, only 0.64 years of fcf income to pay off all of its debts.
- IGV has a better Debt to FCF ratio (0.64) than 91.94% of its industry peers.
- IGV has a Debt/Equity ratio of 0.04. This is a healthy value indicating a solid balance between debt and equity.
- With an excellent Debt to Equity ratio value of 0.04, IGV belongs to the best of the industry, outperforming 87.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.64 | ||
| Altman-Z | 3.26 |
ROIC/WACC0.51
WACC8.06%
2.3 Liquidity
- IGV has a Current Ratio of 0.87. This is a bad value and indicates that IGV is not financially healthy enough and could expect problems in meeting its short term obligations.
- IGV's Current ratio of 0.87 is in line compared to the rest of the industry. IGV outperforms 50.00% of its industry peers.
- A Quick Ratio of 0.86 indicates that IGV may have some problems paying its short term obligations.
- IGV has a Quick ratio (0.86) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
- The earnings per share for IGV have decreased strongly by -24.03% in the last year.
- Looking at the last year, IGV shows a quite strong growth in Revenue. The Revenue has grown by 13.29% in the last year.
- The Revenue has been growing slightly by 0.20% on average over the past years.
EPS 1Y (TTM)-24.03%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-10.47%
Revenue 1Y (TTM)13.29%
Revenue growth 3Y29.41%
Revenue growth 5Y0.2%
Sales Q2Q%24.75%
3.2 Future
- The Earnings Per Share is expected to grow by 12.67% on average over the next years. This is quite good.
- The Revenue is expected to grow by 6.71% on average over the next years.
EPS Next Y0%
EPS Next 2Y15.47%
EPS Next 3Y14.47%
EPS Next 5Y12.67%
Revenue Next Year12.7%
Revenue Next 2Y8.38%
Revenue Next 3Y7.38%
Revenue Next 5Y6.71%
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
- The Price/Earnings ratio is 62.75, which means the current valuation is very expensive for IGV.
- Based on the Price/Earnings ratio, IGV is valued a bit more expensive than 62.90% of the companies in the same industry.
- When comparing the Price/Earnings ratio of IGV to the average of the S&P500 Index (28.82), we can say IGV is valued expensively.
- A Price/Forward Earnings ratio of 31.06 indicates a quite expensive valuation of IGV.
- IGV's Price/Forward Earnings is on the same level as the industry average.
- The average S&P500 Price/Forward Earnings ratio is at 25.95. IGV is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 62.75 | ||
| Fwd PE | 31.06 |
4.2 Price Multiples
- IGV's Enterprise Value to EBITDA ratio is in line with the industry average.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of IGV is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.29 | ||
| EV/EBITDA | 17.04 |
4.3 Compensation for Growth
- A more expensive valuation may be justified as IGV's earnings are expected to grow with 14.47% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y15.47%
EPS Next 3Y14.47%
5. Dividend
5.1 Amount
- No dividends for IGV!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
I GRANDI VIAGGI SPA / IGV.MI FAQ
What is the ChartMill fundamental rating of I GRANDI VIAGGI SPA (IGV.MI) stock?
ChartMill assigns a fundamental rating of 4 / 10 to IGV.MI.
Can you provide the valuation status for I GRANDI VIAGGI SPA?
ChartMill assigns a valuation rating of 1 / 10 to I GRANDI VIAGGI SPA (IGV.MI). This can be considered as Overvalued.
Can you provide the profitability details for I GRANDI VIAGGI SPA?
I GRANDI VIAGGI SPA (IGV.MI) has a profitability rating of 4 / 10.
What is the earnings growth outlook for I GRANDI VIAGGI SPA?
The Earnings per Share (EPS) of I GRANDI VIAGGI SPA (IGV.MI) is expected to decline by 0% in the next year.
How sustainable is the dividend of I GRANDI VIAGGI SPA (IGV.MI) stock?
The dividend rating of I GRANDI VIAGGI SPA (IGV.MI) is 0 / 10 and the dividend payout ratio is 0%.