INNOVATEC SPA (INC.MI) Stock Fundamental Analysis

Europe • Euronext Milan • BIT:INC • IT0005412298

0.2335 EUR

0 (-0.43%)

Last: Feb 2, 2026, 07:00 PM

Fundamental Rating

INC gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 67 industry peers in the Electrical Equipment industry. INC has a bad profitability rating. Also its financial health evaluation is rather negative. INC has a correct valuation and a medium growth rate.

Quickly go to:

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

With a Return On Assets value of -13.05%, INC is not doing good in the industry: 80.60% of the companies in the same industry are doing better.
The Return On Equity of INC (-98.27%) is worse than 89.55% of its industry peers.

		Industry Rank	Sector 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

1.3 Margins

Looking at the Gross Margin, with a value of 33.59%, INC is in line with its industry, outperforming 40.30% of the companies in the same industry.
INC's Gross Margin has improved in the last couple of years.
The Profit Margin and Operating Margin are not available for INC so they could not be analyzed.

		Industry Rank	Sector 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%

More info and screens

ROA

ROE

ROIC

Operating and Profit Margin

Show most profitable peers

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
The debt/assets ratio for INC has been reduced compared to a year ago.

2.2 Solvency

Based on the Altman-Z score of 1.50, we must say that INC is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.50, INC is doing worse than 64.18% of the companies in the same industry.
A Debt/Equity ratio of 0.38 indicates that INC is not too dependend on debt financing.
INC has a Debt to Equity ratio (0.38) which is comparable to the rest of the industry.

		Industry Rank	Sector Rank
Debt/Equity	0.38
Debt/FCF	N/A
Altman-Z	1.5

ROIC/WACCN/A

WACC6.48%

2.3 Liquidity

INC has a Current Ratio of 0.98. 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's Current ratio of 0.98 is on the low side compared to the rest of the industry. INC is outperformed by 85.07% of its industry peers.
INC has a Quick Ratio of 0.98. 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 0.47. This is amonst the worse of the industry: INC underperforms 95.52% of its industry peers.

		Industry Rank	Sector Rank
Current Ratio	0.98
Quick Ratio	0.47

More info and screens

WACC

Debt/Equity

How to determine the health of a company

Altman-Z score

Show peers with great health

3. Growth

3.1 Past

INC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -785.11%.
INC shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -48.14%.
The Revenue has been growing by 37.55% on average over the past years. This is a very strong growth!

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

INC is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 58.11% yearly.
Based on estimates for the next years, INC will show a quite strong growth in Revenue. The Revenue will grow by 12.42% on average per year.

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.

More info and screens

Find the best growth stocks

Show best growing peers

4. Valuation

4.1 Price/Earnings Ratio

INC reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
The Price/Forward Earnings ratio is 0.92, 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 25.64.

		Industry Rank	Sector Rank
PE	N/A
Fwd PE	0.92

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, INC is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.

		Industry Rank	Sector Rank
P/FCF	N/A
EV/EBITDA	2.25

4.3 Compensation for Growth

INC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
INC's earnings are expected to grow with 58.11% in the coming years. This may justify a more expensive valuation.