I GRANDI VIAGGI SPA (IGV.MI) Stock Fundamental Analysis

Europe • Euronext Milan • BIT:IGV • IT0005108219

2.32 EUR
-0.03 (-1.28%)
Last: Feb 4, 2026, 02:20 PM
Fundamental Rating

3

IGV gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 59 industry peers in the Hotels, Restaurants & Leisure industry. While IGV seems to be doing ok healthwise, there are quite some concerns on its profitability. While showing a medium growth rate, IGV is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • In the past year IGV was profitable.
  • IGV had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: IGV reported negative net income in multiple years.
  • Of the past 5 years IGV 4 years had a positive operating cash flow.
IGV.MI Yearly Net Income VS EBIT VS OCF VS FCFIGV.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5M -5M 10M

1.2 Ratios

  • IGV has a worse Return On Assets (1.99%) than 61.02% of its industry peers.
  • IGV has a Return On Equity of 3.05%. This is comparable to the rest of the industry: IGV outperforms 52.54% of its industry peers.
  • With a Return On Invested Capital value of 4.13%, IGV is not doing good in the industry: 61.02% of the companies in the same industry are doing better.
  • Measured over the past 3 years, the Average Return On Invested Capital for IGV is significantly below the industry average of 13.35%.
  • The last Return On Invested Capital (4.13%) for IGV is above the 3 year average (2.85%), which is a sign of increasing profitability.
Industry RankSector 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
IGV.MI Yearly ROA, ROE, ROICIGV.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2 -2 4 -4 -6 -8

1.3 Margins

  • IGV's Profit Margin of 2.98% is in line compared to the rest of the industry. IGV outperforms 44.07% of its industry peers.
  • IGV has a Operating Margin of 5.79%. This is in the lower half of the industry: IGV underperforms 61.02% of its industry peers.
  • IGV has a Gross Margin (35.79%) which is in line with its industry peers.
  • In the last couple of years the Gross Margin of IGV has grown nicely.
Industry RankSector 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%
IGV.MI Yearly Profit, Operating, Gross MarginsIGV.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40

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5

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so IGV is destroying value.
  • Compared to 1 year ago, IGV has about the same amount of shares outstanding.
  • The number of shares outstanding for IGV remains at a similar level compared to 5 years ago.
  • IGV has a worse debt/assets ratio than last year.
IGV.MI Yearly Shares OutstandingIGV.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M
IGV.MI Yearly Total Debt VS Total AssetsIGV.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M

2.2 Solvency

  • IGV has an Altman-Z score of 3.04. This indicates that IGV is financially healthy and has little risk of bankruptcy at the moment.
  • IGV's Altman-Z score of 3.04 is fine compared to the rest of the industry. IGV outperforms 74.58% of its industry peers.
  • IGV has a debt to FCF ratio of 0.64. This is a very positive value and a sign of high solvency as it would only need 0.64 years to pay back of all of its debts.
  • IGV has a better Debt to FCF ratio (0.64) than 91.53% of its industry peers.
  • A Debt/Equity ratio of 0.04 indicates that IGV is not too dependend on debt financing.
  • IGV has a Debt to Equity ratio of 0.04. This is amongst the best in the industry. IGV outperforms 86.44% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.04
Debt/FCF 0.64
Altman-Z 3.04
ROIC/WACC0.51
WACC8.04%
IGV.MI Yearly LT Debt VS Equity VS FCFIGV.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M 40M 60M

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 has a Current ratio (0.87) which is in line with its industry peers.
  • A Quick Ratio of 0.86 indicates that IGV may have some problems paying its short term obligations.
  • With a Quick ratio value of 0.86, IGV perfoms like the industry average, outperforming 50.85% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.87
Quick Ratio 0.86
IGV.MI Yearly Current Assets VS Current LiabilitesIGV.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • IGV shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -24.03%.
  • Looking at the last year, IGV shows a quite strong growth in Revenue. The Revenue has grown by 13.29% in the last year.
  • Measured over the past years, IGV shows a small growth in Revenue. The Revenue has been growing by 0.20% on average per year.
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.
  • Based on estimates for the next years, IGV will show a small growth in Revenue. The Revenue will grow by 6.71% on average per year.
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

  • 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.
IGV.MI Yearly Revenue VS EstimatesIGV.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 20M 40M 60M 80M
IGV.MI Yearly EPS VS EstimatesIGV.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 0.05 -0.05 -0.1

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Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 58.00, which means the current valuation is very expensive for IGV.
  • IGV's Price/Earnings ratio is a bit more expensive when compared to the industry. IGV is more expensive than 62.71% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of IGV to the average of the S&P500 Index (28.25), we can say IGV is valued expensively.
  • Based on the Price/Forward Earnings ratio of 28.71, the valuation of IGV can be described as expensive.
  • IGV's Price/Forward Earnings is on the same level as the industry average.
  • IGV's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.50.
Industry RankSector Rank
PE 58
Fwd PE 28.71
IGV.MI Price Earnings VS Forward Price EarningsIGV.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • IGV's Enterprise Value to EBITDA is on the same level as the industry average.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as IGV.
Industry RankSector Rank
P/FCF 16.9
EV/EBITDA 15.12
IGV.MI Per share dataIGV.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0.2 0.4 0.6 0.8 1

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%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • IGV does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

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I GRANDI VIAGGI SPA

BIT:IGV (2/4/2026, 2:20:19 PM)

2.32

-0.03 (-1.28%)

Chartmill FA Rating
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)N/A
Earnings (Next)N/A
Inst Owners0.38%
Inst Owner ChangeN/A
Ins Owners67.95%
Ins Owner ChangeN/A
Market Cap110.83M
Revenue(TTM)65.44M
Net Income(TTM)1.95M
Analysts45.71
Price Target2.35 (1.29%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
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)0%
PT rev (3m)-2.13%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-14.29%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 58
Fwd PE 28.71
P/S 1.69
P/FCF 16.9
P/OCF 13.67
P/B 1.73
P/tB 1.78
EV/EBITDA 15.12
EPS(TTM)0.04
EY1.72%
EPS(NY)0.08
Fwd EY3.48%
FCF(TTM)0.14
FCFY5.92%
OCF(TTM)0.17
OCFY7.31%
SpS1.37
BVpS1.34
TBVpS1.3
PEG (NY)N/A
PEG (5Y)N/A
Graham Number1.1
Profitability
Industry RankSector Rank
ROA 1.99%
ROE 3.05%
ROCE 4.93%
ROIC 4.13%
ROICexc 4.86%
ROICexgc 5%
OM 5.79%
PM (TTM) 2.98%
GM 35.79%
FCFM 10.02%
ROA(3y)1.86%
ROA(5y)-0.31%
ROE(3y)2.79%
ROE(5y)-0.63%
ROIC(3y)2.85%
ROIC(5y)N/A
ROICexc(3y)3.55%
ROICexc(5y)N/A
ROICexgc(3y)3.67%
ROICexgc(5y)N/A
ROCE(3y)3.4%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
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%
F-Score6
Asset Turnover0.67
Health
Industry RankSector Rank
Debt/Equity 0.04
Debt/FCF 0.64
Debt/EBITDA 0.43
Cap/Depr 55.48%
Cap/Sales 2.37%
Interest Coverage 250
Cash Conversion 123.17%
Profit Quality 335.74%
Current Ratio 0.87
Quick Ratio 0.86
Altman-Z 3.04
F-Score6
WACC8.04%
ROIC/WACC0.51
Cap/Depr(3y)73.43%
Cap/Depr(5y)55.66%
Cap/Sales(3y)3.46%
Cap/Sales(5y)3.71%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-24.03%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-10.47%
EPS Next Y0%
EPS Next 2Y15.47%
EPS Next 3Y14.47%
EPS Next 5Y12.67%
Revenue 1Y (TTM)13.29%
Revenue growth 3Y29.41%
Revenue growth 5Y0.2%
Sales Q2Q%24.75%
Revenue Next Year12.7%
Revenue Next 2Y8.38%
Revenue Next 3Y7.38%
Revenue Next 5Y6.71%
EBIT growth 1Y55.03%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year75%
EBIT Next 3Y31.04%
EBIT Next 5Y24.29%
FCF growth 1Y3890.17%
FCF growth 3Y50.71%
FCF growth 5Y110.89%
OCF growth 1Y239.73%
OCF growth 3Y36.74%
OCF growth 5Y38.29%

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 3 / 10 to IGV.MI.


Can you provide the valuation status for I GRANDI VIAGGI SPA?

ChartMill assigns a valuation rating of 2 / 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 3 / 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%.