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
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

5

Taking everything into account, INDB scores 5 out of 10 in our fundamental rating. INDB was compared to 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 has a valuation in line with the averages, but on the other hand it scores bad on growth. INDB also has an excellent dividend rating. These ratings would make INDB suitable for dividend investing!


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • In the past year INDB was profitable.
  • INDB had a positive operating cash flow in the past year.
  • Each year in the past 5 years INDB has been profitable.
  • Of the past 5 years INDB 4 years had a positive operating cash flow.
INDB.MI Yearly Net Income VS EBIT VS OCF VS FCFINDB.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 10M -10M 20M 30M

1.2 Ratios

  • INDB's Return On Assets of 4.08% is fine compared to the rest of the industry. INDB outperforms 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.
  • Looking at the Return On Invested Capital, with a value of 5.27%, INDB is in line with its industry, outperforming 60.00% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for INDB is in line with the industry average of 9.56%.
Industry RankSector 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%
INDB.MI Yearly ROA, ROE, ROICINDB.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20 25

1.3 Margins

  • INDB's Profit Margin of 5.34% is fine compared to the rest of the industry. INDB outperforms 77.14% of its industry peers.
  • In the last couple of years the Profit Margin of INDB has declined.
  • Looking at the Operating Margin, with a value of 6.74%, INDB is in the better half of the industry, outperforming 62.86% of the companies in the same industry.
  • In the last couple of years the Operating Margin of INDB has declined.
  • 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 RankSector 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%
INDB.MI Yearly Profit, Operating, Gross MarginsINDB.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

6

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.
  • Compared to 1 year ago, INDB has less shares outstanding
  • Compared to 5 years ago, INDB has less shares outstanding
  • Compared to 1 year ago, INDB has an improved debt to assets ratio.
INDB.MI Yearly Shares OutstandingINDB.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 1M 2M 3M 4M 5M
INDB.MI Yearly Total Debt VS Total AssetsINDB.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

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's Altman-Z score of 1.99 is in line compared to the rest of the industry. INDB outperforms 54.29% of its industry peers.
  • INDB has a debt to FCF ratio of 9.81. This is a negative value and a sign of low solvency as INDB would need 9.81 years to pay back of all of its debts.
  • INDB's Debt to FCF ratio of 9.81 is in line compared to the rest of the industry. INDB outperforms 60.00% of its industry peers.
  • INDB has a Debt/Equity ratio of 0.26. This is a healthy value indicating a solid balance between debt and equity.
  • The Debt to Equity ratio of INDB (0.26) is better than 77.14% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.26
Debt/FCF 9.81
Altman-Z 1.99
ROIC/WACC0.77
WACC6.81%
INDB.MI Yearly LT Debt VS Equity VS FCFINDB.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 80M 100M

2.3 Liquidity

  • INDB has a Current Ratio of 2.05. This indicates that INDB is financially healthy and has no problem in meeting its short term obligations.
  • INDB has a better Current ratio (2.05) than 74.29% of its industry peers.
  • A Quick Ratio of 1.10 indicates that INDB should not have too much problems paying its short term obligations.
  • The Quick ratio of INDB (1.10) is better than 74.29% of its industry peers.
Industry RankSector Rank
Current Ratio 2.05
Quick Ratio 1.1
INDB.MI Yearly Current Assets VS Current LiabilitesINDB.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M

More info and screens

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

3

3. Growth

3.1 Past

  • The Earnings Per Share has been growing slightly by 5.59% over the past year.
  • The Earnings Per Share has been decreasing by -6.26% on average over the past years.
  • The Revenue has decreased by -9.76% in the past year.
  • INDB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.55% yearly.
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

  • INDB is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.31% yearly.
  • Based on estimates for the next years, INDB will show a small growth in Revenue. The Revenue will grow by 3.80% on average per year.
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

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
INDB.MI Yearly Revenue VS EstimatesINDB.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 50M 100M 150M 200M
INDB.MI Yearly EPS VS EstimatesINDB.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1 2 3

More info and screens

Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 9.95 indicates a reasonable valuation of INDB.
  • 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.
  • Compared to an average S&P500 Price/Earnings ratio of 27.10, INDB is valued rather cheaply.
  • Based on the Price/Forward Earnings ratio of 6.62, the valuation of INDB can be described as very cheap.
  • Based on the Price/Forward Earnings ratio, INDB is valued cheaper than 88.57% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of INDB to the average of the S&P500 Index (28.06), we can say INDB is valued rather cheaply.
Industry RankSector Rank
PE 9.95
Fwd PE 6.62
INDB.MI Price Earnings VS Forward Price EarningsINDB.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • INDB's Enterprise Value to EBITDA ratio is in line with the industry average.
  • INDB's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 18.68
EV/EBITDA 7.11
INDB.MI Per share dataINDB.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y13.33%
EPS Next 3Y10.31%

More info and screens

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

7

5. Dividend

5.1 Amount

  • INDB has a Yearly Dividend Yield of 4.04%, which is a nice return.
  • INDB's Dividend Yield is a higher than the industry average which is at 2.61.
  • Compared to an average S&P500 Dividend Yield of 1.83, INDB pays a better dividend.
Industry RankSector 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.
  • The dividend of INDB is growing, but earnings are growing more, so the dividend growth is sustainable.
DP41.75%
EPS Next 2Y13.33%
EPS Next 3Y10.31%
INDB.MI Yearly Income VS Free CF VS DividendINDB.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M -10M 20M
INDB.MI Dividend Payout.INDB.MI Dividend Payout, showing the Payout Ratio.INDB.MI Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

INDEL B SPA

BIT:INDB (2/6/2026, 7:00:00 PM)

19.5

-0.5 (-2.5%)

Chartmill FA Rating
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)10-23
Earnings (Next)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 RankSector 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 RankSector 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 RankSector 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 RankSector 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.