Logo image of INC.MI

INNOVATEC SPA (INC.MI) Stock Fundamental Analysis

Europe - BIT:INC - IT0005412298 - Common Stock

0.233 EUR
+0 (+0.22%)
Last: 10/23/2025, 7:00:00 PM
Fundamental Rating

3

Taking everything into account, INC scores 3 out of 10 in our fundamental rating. INC was compared to 61 industry peers in the Electrical Equipment industry. INC has a bad profitability rating. Also its financial health evaluation is rather negative. INC is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

Quickly go to:

2

1. Profitability

1.1 Basic Checks

In the past year INC has reported negative net income.
In the past year INC had a positive cash flow from operations.
INC had positive earnings in 4 of the past 5 years.
INC had a positive operating cash flow in each of the past 5 years.
INC.MI Yearly Net Income VS EBIT VS OCF VS FCFINC.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M -20M

1.2 Ratios

The Return On Assets of INC (-13.05%) is worse than 77.05% of its industry peers.
INC's Return On Equity of -98.27% is on the low side compared to the rest of the industry. INC is outperformed by 85.25% of its industry peers.
Industry RankSector Rank
ROA -13.05%
ROE -98.27%
ROIC N/A
ROA(3y)0.36%
ROA(5y)1.03%
ROE(3y)-2.06%
ROE(5y)4.57%
ROIC(3y)N/A
ROIC(5y)N/A
INC.MI Yearly ROA, ROE, ROICINC.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50 100 -100 150

1.3 Margins

INC has a Gross Margin (33.59%) which is comparable to the rest of the industry.
INC's Gross Margin has improved in the last couple of years.
INC does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 33.59%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.41%
GM growth 5Y5.98%
INC.MI Yearly Profit, Operating, Gross MarginsINC.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50

More info and screens

2

2. Health

2.1 Basic Checks

INC does not have a ROIC to compare to the WACC, probably because it is not profitable.
INC has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, INC has more shares outstanding
INC has a better debt/assets ratio than last year.
INC.MI Yearly Shares OutstandingINC.MI Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
INC.MI Yearly Total Debt VS Total AssetsINC.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

2.2 Solvency

INC has an Altman-Z score of 1.50. This is a bad value and indicates that INC is not financially healthy and even has some risk of bankruptcy.
INC has a Altman-Z score (1.50) which is in line with its industry peers.
INC has a Debt/Equity ratio of 0.38. This is a healthy value indicating a solid balance between debt and equity.
INC has a Debt to Equity ratio of 0.38. This is in the better half of the industry: INC outperforms 63.93% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.38
Debt/FCF N/A
Altman-Z 1.5
ROIC/WACCN/A
WACC6.48%
INC.MI Yearly LT Debt VS Equity VS FCFINC.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M 40M

2.3 Liquidity

A Current Ratio of 0.98 indicates that INC may have some problems paying its short term obligations.
INC has a worse Current ratio (0.98) than 78.69% of its industry peers.
A Quick Ratio of 0.47 indicates that INC may have some problems paying its short term obligations.
With a Quick ratio value of 0.47, INC is not doing good in the industry: 91.80% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 0.98
Quick Ratio 0.47
INC.MI Yearly Current Assets VS Current LiabilitesINC.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M

More info and screens

5

3. Growth

3.1 Past

The earnings per share for INC have decreased strongly by -785.11% in the last year.
INC shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -48.14%.
Measured over the past years, INC shows a very strong growth in Revenue. The Revenue has been growing by 37.55% on average per year.
EPS 1Y (TTM)-785.11%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%61.54%
Revenue 1Y (TTM)-48.14%
Revenue growth 3Y15.33%
Revenue growth 5Y37.55%
Sales Q2Q%-89.43%

3.2 Future

The Earnings Per Share is expected to grow by 58.11% on average over the next years. This is a very strong growth
INC is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.42% yearly.
EPS Next Y70%
EPS Next 2Y58.11%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year17.27%
Revenue Next 2Y17.48%
Revenue Next 3Y12.42%
Revenue Next 5YN/A

3.3 Evolution

The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
INC.MI Yearly Revenue VS EstimatesINC.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 100M 200M 300M 400M
INC.MI Yearly EPS VS EstimatesINC.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2022 2023 2024 2025 2026 0 0.1 -0.1 0.2

More info and screens

5

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for INC. In the last year negative earnings were reported.
The Price/Forward Earnings ratio is 0.92, which indicates a rather cheap valuation of INC.
INC's Price/Forward Earnings ratio is rather cheap when compared to the industry. INC is cheaper than 100.00% of the companies in the same industry.
INC's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.33.
Industry RankSector Rank
PE N/A
Fwd PE 0.92
INC.MI Price Earnings VS Forward Price EarningsINC.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 40 60

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, INC is valued cheaper than 98.36% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 2.25
INC.MI Per share dataINC.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.2 0.4 0.6 0.8 1

4.3 Compensation for Growth

The 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 INC's earnings are expected to grow with 58.11% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y58.11%
EPS Next 3YN/A

More info and screens

0

5. Dividend

5.1 Amount

No dividends for INC!.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

INNOVATEC SPA

BIT:INC (10/23/2025, 7:00:00 PM)

0.233

+0 (+0.22%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)N/A N/A
Earnings (Next)N/A N/A
Inst Owners0.39%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap22.47M
Revenue(TTM)118.57M
Net Income(TTM)-9315500
Analysts80
Price Target1.84 (689.7%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
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)0%
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)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 0.92
P/S 0.19
P/FCF N/A
P/OCF 2.37
P/B 2.37
P/tB N/A
EV/EBITDA 2.25
EPS(TTM)-0.1
EYN/A
EPS(NY)0.25
Fwd EY108.37%
FCF(TTM)-0.16
FCFYN/A
OCF(TTM)0.1
OCFY42.25%
SpS1.23
BVpS0.1
TBVpS-0.01
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -13.05%
ROE -98.27%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 33.59%
FCFM N/A
ROA(3y)0.36%
ROA(5y)1.03%
ROE(3y)-2.06%
ROE(5y)4.57%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
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-3.41%
GM growth 5Y5.98%
F-Score6
Asset Turnover1.66
Health
Industry RankSector Rank
Debt/Equity 0.38
Debt/FCF N/A
Debt/EBITDA 0.34
Cap/Depr 149.03%
Cap/Sales 21.2%
Interest Coverage N/A
Cash Conversion 88.94%
Profit Quality N/A
Current Ratio 0.98
Quick Ratio 0.47
Altman-Z 1.5
F-Score6
WACC6.48%
ROIC/WACCN/A
Cap/Depr(3y)126.11%
Cap/Depr(5y)146.54%
Cap/Sales(3y)8.41%
Cap/Sales(5y)7.08%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-785.11%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%61.54%
EPS Next Y70%
EPS Next 2Y58.11%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-48.14%
Revenue growth 3Y15.33%
Revenue growth 5Y37.55%
Sales Q2Q%-89.43%
Revenue Next Year17.27%
Revenue Next 2Y17.48%
Revenue Next 3Y12.42%
Revenue Next 5YN/A
EBIT growth 1Y-144.83%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year135.95%
EBIT Next 3Y45.25%
EBIT Next 5YN/A
FCF growth 1Y-650.77%
FCF growth 3Y-41.71%
FCF growth 5Y-21.78%
OCF growth 1Y-38.94%
OCF growth 3Y8.36%
OCF growth 5Y14.62%