INDEL B SPA (INDB.MI) Stock Fundamental Analysis
BIT:INDB • IT0005245508
19.5 EUR
-0.5 (-2.5%)
Last: Feb 6, 2026, 07:00 PM
INDB gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 33 industry peers in the Household Durables industry. Both the profitability and the financial health of INDB get a neutral evaluation. Nothing too spectacular is happening here. INDB is valued correctly, but it does not seem to be growing. INDB also has an excellent dividend rating. This makes INDB very considerable for dividend investing!
1. Profitability
1.1 Basic Checks
- INDB had positive earnings in the past year.
- INDB had a positive operating cash flow in the past year.
- In the past 5 years INDB has always been profitable.
- INDB had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- INDB has a better Return On Assets (4.08%) than 77.14% of its industry peers.
- INDB's Return On Equity of 7.64% is fine compared to the rest of the industry. INDB outperforms 68.57% of its industry peers.
- INDB has a Return On Invested Capital (5.27%) which is in line with its industry peers.
- The Average Return On Invested Capital over the past 3 years for INDB is in line with the industry average of 9.56%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.08% | ||
| ROE | 7.64% | ||
| ROIC | 5.27% |
ROA(3y)5.09%
ROA(5y)6.04%
ROE(3y)8.94%
ROE(5y)10.97%
ROIC(3y)7.68%
ROIC(5y)7.55%
1.3 Margins
- INDB has a Profit Margin of 5.34%. This is in the better half of the industry: INDB outperforms 77.14% of its industry peers.
- INDB's Profit Margin has declined in the last couple of years.
- INDB's Operating Margin of 6.74% is fine compared to the rest of the industry. INDB outperforms 62.86% of its industry peers.
- INDB's Operating Margin has declined in the last couple of years.
- INDB's Gross Margin of 42.99% is in line compared to the rest of the industry. INDB outperforms 54.29% of its industry peers.
- INDB's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.74% | ||
| PM (TTM) | 5.34% | ||
| GM | 42.99% |
OM growth 3Y-8.77%
OM growth 5Y-9.46%
PM growth 3Y-25.75%
PM growth 5Y-12.36%
GM growth 3Y-2.24%
GM growth 5Y0.07%
2. Health
2.1 Basic Checks
- INDB has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- INDB has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, INDB has less shares outstanding
- The debt/assets ratio for INDB has been reduced compared to a year ago.
2.2 Solvency
- INDB has an Altman-Z score of 1.99. This is not the best score and indicates that INDB is in the grey zone with still only limited risk for bankruptcy at the moment.
- INDB has a Altman-Z score (1.99) which is in line with its industry peers.
- The Debt to FCF ratio of INDB is 9.81, which is on the high side as it means it would take INDB, 9.81 years of fcf income to pay off all of its debts.
- INDB has a Debt to FCF ratio of 9.81. This is comparable to the rest of the industry: INDB outperforms 60.00% of its industry peers.
- A Debt/Equity ratio of 0.26 indicates that INDB is not too dependend on debt financing.
- INDB has a better Debt to Equity ratio (0.26) than 77.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 9.81 | ||
| Altman-Z | 1.99 |
ROIC/WACC0.77
WACC6.81%
2.3 Liquidity
- A Current Ratio of 2.05 indicates that INDB has no problem at all paying its short term obligations.
- With a decent Current ratio value of 2.05, INDB is doing good in the industry, outperforming 74.29% of the companies in the same industry.
- INDB has a Quick Ratio of 1.10. This is a normal value and indicates that INDB is financially healthy and should not expect problems in meeting its short term obligations.
- With a decent Quick ratio value of 1.10, INDB is doing good in the industry, outperforming 74.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.05 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
- INDB shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.59%.
- Measured over the past years, INDB shows a decrease in Earnings Per Share. The EPS has been decreasing by -6.26% on average per year.
- Looking at the last year, INDB shows a decrease in Revenue. The Revenue has decreased by -9.76% in the last year.
- The Revenue has been growing slightly by 5.55% on average over the past years.
EPS 1Y (TTM)5.59%
EPS 3Y-22.76%
EPS 5Y-6.26%
EPS Q2Q%174.19%
Revenue 1Y (TTM)-9.76%
Revenue growth 3Y2.41%
Revenue growth 5Y5.55%
Sales Q2Q%-1.94%
3.2 Future
- Based on estimates for the next years, INDB will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.31% on average per year.
- INDB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.80% yearly.
EPS Next Y-7.11%
EPS Next 2Y13.33%
EPS Next 3Y10.31%
EPS Next 5YN/A
Revenue Next Year0.45%
Revenue Next 2Y4.34%
Revenue Next 3Y3.8%
Revenue Next 5YN/A
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 9.95, the valuation of INDB can be described as very reasonable.
- Compared to the rest of the industry, the Price/Earnings ratio of INDB indicates a somewhat cheap valuation: INDB is cheaper than 80.00% of the companies listed in the same industry.
- INDB's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.99.
- INDB is valuated cheaply with a Price/Forward Earnings ratio of 6.62.
- Based on the Price/Forward Earnings ratio, INDB is valued cheaply inside the industry as 88.57% of the companies are valued more expensively.
- When comparing the Price/Forward Earnings ratio of INDB to the average of the S&P500 Index (28.02), we can say INDB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.95 | ||
| Fwd PE | 6.62 |
4.2 Price Multiples
- INDB's Enterprise Value to EBITDA ratio is in line with the industry average.
- INDB's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.68 | ||
| EV/EBITDA | 7.11 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y13.33%
EPS Next 3Y10.31%
5. Dividend
5.1 Amount
- INDB has a Yearly Dividend Yield of 4.04%, which is a nice return.
- Compared to an average industry Dividend Yield of 2.60, INDB pays a bit more dividend than its industry peers.
- INDB's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.04% |
5.2 History
- The dividend of INDB has a limited annual growth rate of 4.11%.
Dividend Growth(5Y)4.11%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- INDB pays out 41.75% of its income as dividend. This is a bit on the high side, but may be sustainable.
- INDB's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP41.75%
EPS Next 2Y13.33%
EPS Next 3Y10.31%
BIT:INDB (2/6/2026, 7:00:00 PM)
19.5
-0.5 (-2.5%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)10-23 2025-10-23
Earnings (Next)04-10 2026-04-10
Inst Owners10.92%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap113.88M
Revenue(TTM)199.57M
Net Income(TTM)10.66M
Analysts42.22
Price Target26.52 (36%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.04% |
Yearly Dividend0.85
Dividend Growth(5Y)4.11%
DP41.75%
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 | 9.95 | ||
| Fwd PE | 6.62 | ||
| P/S | 0.57 | ||
| P/FCF | 18.68 | ||
| P/OCF | 8.12 | ||
| P/B | 0.82 | ||
| P/tB | 1.18 | ||
| EV/EBITDA | 7.11 |
EPS(TTM)1.96
EY10.05%
EPS(NY)2.95
Fwd EY15.12%
FCF(TTM)1.04
FCFY5.35%
OCF(TTM)2.4
OCFY12.31%
SpS34.17
BVpS23.88
TBVpS16.47
PEG (NY)N/A
PEG (5Y)N/A
Graham Number32.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.08% | ||
| ROE | 7.64% | ||
| ROCE | 7.35% | ||
| ROIC | 5.27% | ||
| ROICexc | 6.37% | ||
| ROICexgc | 8.89% | ||
| OM | 6.74% | ||
| PM (TTM) | 5.34% | ||
| GM | 42.99% | ||
| FCFM | 3.05% |
ROA(3y)5.09%
ROA(5y)6.04%
ROE(3y)8.94%
ROE(5y)10.97%
ROIC(3y)7.68%
ROIC(5y)7.55%
ROICexc(3y)9.07%
ROICexc(5y)9.38%
ROICexgc(3y)10.58%
ROICexgc(5y)11.18%
ROCE(3y)10.7%
ROCE(5y)10.5%
ROICexgc growth 3Y-10.76%
ROICexgc growth 5Y-10.12%
ROICexc growth 3Y-9.04%
ROICexc growth 5Y-9.21%
OM growth 3Y-8.77%
OM growth 5Y-9.46%
PM growth 3Y-25.75%
PM growth 5Y-12.36%
GM growth 3Y-2.24%
GM growth 5Y0.07%
F-Score6
Asset Turnover0.76
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 9.81 | ||
| Debt/EBITDA | 1.84 | ||
| Cap/Depr | 126.12% | ||
| Cap/Sales | 3.97% | ||
| Interest Coverage | 10.53 | ||
| Cash Conversion | 71.05% | ||
| Profit Quality | 57.19% | ||
| Current Ratio | 2.05 | ||
| Quick Ratio | 1.1 | ||
| Altman-Z | 1.99 |
F-Score6
WACC6.81%
ROIC/WACC0.77
Cap/Depr(3y)130.37%
Cap/Depr(5y)133.09%
Cap/Sales(3y)3.54%
Cap/Sales(5y)3.91%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)5.59%
EPS 3Y-22.76%
EPS 5Y-6.26%
EPS Q2Q%174.19%
EPS Next Y-7.11%
EPS Next 2Y13.33%
EPS Next 3Y10.31%
EPS Next 5YN/A
Revenue 1Y (TTM)-9.76%
Revenue growth 3Y2.41%
Revenue growth 5Y5.55%
Sales Q2Q%-1.94%
Revenue Next Year0.45%
Revenue Next 2Y4.34%
Revenue Next 3Y3.8%
Revenue Next 5YN/A
EBIT growth 1Y-16.48%
EBIT growth 3Y-6.57%
EBIT growth 5Y-4.44%
EBIT Next Year41.32%
EBIT Next 3Y23.16%
EBIT Next 5YN/A
FCF growth 1Y-64.2%
FCF growth 3YN/A
FCF growth 5Y2.06%
OCF growth 1Y-35.1%
OCF growth 3Y45.93%
OCF growth 5Y1.35%
INDEL B SPA / INDB.MI FAQ
Can you provide the ChartMill fundamental rating for INDEL B SPA?
ChartMill assigns a fundamental rating of 5 / 10 to INDB.MI.
What is the valuation status for INDB stock?
ChartMill assigns a valuation rating of 5 / 10 to INDEL B SPA (INDB.MI). This can be considered as Fairly Valued.
How profitable is INDEL B SPA (INDB.MI) stock?
INDEL B SPA (INDB.MI) has a profitability rating of 5 / 10.
How financially healthy is INDEL B SPA?
The financial health rating of INDEL B SPA (INDB.MI) is 6 / 10.
What is the earnings growth outlook for INDEL B SPA?
The Earnings per Share (EPS) of INDEL B SPA (INDB.MI) is expected to decline by -7.11% in the next year.