INNOVATEC SPA (INC.MI) Stock Fundamental Analysis
Europe - BIT:INC - IT0005412298 - Common Stock
0.249 EUR
-0.01 (-1.97%)
We assign a fundamental rating of 3 out of 10 to INC. INC was compared to 60 industry peers in the Electrical Equipment industry. INC has a bad profitability rating. Also its financial health evaluation is rather negative. INC is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year INC has reported negative net income.
INC had a positive operating cash flow in the past year.
Of the past 5 years INC 4 years were profitable.
In the past 5 years INC always reported a positive cash flow from operatings.
1.2 Ratios
INC has a Return On Assets (-3.14%) which is comparable to the rest of the industry.
The Return On Equity of INC (-31.77%) is worse than 78.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.14% | ||
| ROE | -31.77% | ||
| 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
1.3 Margins
The Gross Margin of INC (32.52%) is worse than 61.67% of its industry peers.
In the last couple of years the Gross Margin of INC has grown nicely.
INC does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 32.52% |
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%
2. Health
2.1 Basic Checks
INC does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for INC remains at a similar level compared to 1 year ago.
The number of shares outstanding for INC has been increased compared to 5 years ago.
INC has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.62, we must say that INC is in the distress zone and has some risk of bankruptcy.
INC's Altman-Z score of 0.62 is on the low side compared to the rest of the industry. INC is outperformed by 75.00% of its industry peers.
The Debt to FCF ratio of INC is 24.49, which is on the high side as it means it would take INC, 24.49 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of INC (24.49) is comparable to the rest of the industry.
A Debt/Equity ratio of 1.45 is on the high side and indicates that INC has dependencies on debt financing.
INC's Debt to Equity ratio of 1.45 is on the low side compared to the rest of the industry. INC is outperformed by 81.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.45 | ||
| Debt/FCF | 24.49 | ||
| Altman-Z | 0.62 |
ROIC/WACCN/A
WACC6.59%
2.3 Liquidity
INC has a Current Ratio of 0.78. This is a bad value and indicates that INC is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.78, INC is doing worse than 90.00% of the companies in the same industry.
INC has a Quick Ratio of 0.78. This is a bad value and indicates that INC is not financially healthy enough and could expect problems in meeting its short term obligations.
INC has a Quick ratio of 0.61. This is amonst the worse of the industry: INC underperforms 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.61 |
3. Growth
3.1 Past
INC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -17666.67%.
INC shows a decrease in Revenue. In the last year, the revenue decreased by -2.74%.
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)-17666.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-420.77%
Revenue 1Y (TTM)-2.74%
Revenue growth 3Y15.33%
Revenue growth 5Y37.55%
Sales Q2Q%-14.32%
3.2 Future
INC is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 58.11% yearly.
The Revenue is expected to grow by 12.42% on average over the next years. This is quite good.
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
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
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 1.45, which indicates a rather cheap valuation of INC.
Based on the Price/Forward Earnings ratio, INC is valued 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 22.71.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 1.45 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of INC indicates a rather cheap valuation: INC is cheaper than 96.67% of the companies listed in the same industry.
INC's Price/Free Cash Flow ratio is rather cheap when compared to the industry. INC is cheaper than 90.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.23 | ||
| EV/EBITDA | 3.39 |
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
5. Dividend
5.1 Amount
No dividends for INC!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BIT:INC (9/15/2025, 7:00:00 PM)
0.249
-0.01 (-1.97%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners0.39%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap24.02M
Analysts80
Price Target1.84 (638.96%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector 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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 1.45 | ||
| P/S | 0.11 | ||
| P/FCF | 8.23 | ||
| P/OCF | 0.83 | ||
| P/B | 0.75 | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.39 |
EPS(TTM)-0.11
EYN/A
EPS(NY)0.17
Fwd EY68.96%
FCF(TTM)0.03
FCFY12.14%
OCF(TTM)0.3
OCFY120.18%
SpS2.2
BVpS0.33
TBVpS-0.47
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.14% | ||
| ROE | -31.77% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 32.52% | ||
| FCFM | 1.38% |
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
ROICexcg growth 3YN/A
ROICexcg 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-Score4
Asset Turnover0.66
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.45 | ||
| Debt/FCF | 24.49 | ||
| Debt/EBITDA | 1.84 | ||
| Cap/Depr | 97.86% | ||
| Cap/Sales | 12.23% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 114.07% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.61 | ||
| Altman-Z | 0.62 |
F-Score4
WACC6.59%
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)-17666.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-420.77%
EPS Next Y70%
EPS Next 2Y58.11%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-2.74%
Revenue growth 3Y15.33%
Revenue growth 5Y37.55%
Sales Q2Q%-14.32%
Revenue Next Year17.27%
Revenue Next 2Y17.48%
Revenue Next 3Y12.42%
Revenue Next 5YN/A
EBIT growth 1Y-109.94%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year135.95%
EBIT Next 3Y45.25%
EBIT Next 5YN/A
FCF growth 1Y152.72%
FCF growth 3Y-41.71%
FCF growth 5Y-21.78%
OCF growth 1Y309.11%
OCF growth 3Y8.36%
OCF growth 5Y14.62%