INDEL B SPA (INDB.MI) Stock Fundamental Analysis
Europe - BIT:INDB - IT0005245508 - Common Stock
20.15 EUR
+0.05 (+0.25%)
We assign a fundamental rating of 5 out of 10 to INDB. INDB was compared to 32 industry peers in the Household Durables industry. INDB has only an average score on both its financial health and profitability. INDB is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year INDB was profitable.
In the past year INDB had a positive cash flow from operations.
INDB had positive earnings in each of the past 5 years.
INDB had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
INDB has a Return On Assets of 5.23%. This is in the better half of the industry: INDB outperforms 78.13% of its industry peers.
With a decent Return On Equity value of 8.61%, INDB is doing good in the industry, outperforming 65.63% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 6.79%, INDB is in the better half of the industry, outperforming 62.50% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for INDB is below the industry average of 9.97%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.23% | ||
| ROE | 8.61% | ||
| ROIC | 6.79% |
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
With a decent Profit Margin value of 5.34%, INDB is doing good in the industry, outperforming 75.00% of the companies in the same industry.
In the last couple of years the Profit Margin of INDB has declined.
With a Operating Margin value of 6.74%, INDB perfoms like the industry average, outperforming 56.25% 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 fine compared to the rest of the industry. INDB outperforms 62.50% of its industry peers.
In the last couple of years the Gross Margin of INDB has remained more or less at the same level.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so INDB is still creating some value.
INDB has less shares outstanding than it did 1 year ago.
The number of shares outstanding for INDB has been reduced compared to 5 years ago.
INDB has a better debt/assets ratio than last year.
2.2 Solvency
INDB has an Altman-Z score of 2.51. 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 2.51 is fine compared to the rest of the industry. INDB outperforms 62.50% of its industry peers.
INDB has a debt to FCF ratio of 3.11. This is a good value and a sign of high solvency as INDB would need 3.11 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 3.11, INDB is doing good in the industry, outperforming 78.13% of the companies in the same industry.
INDB has a Debt/Equity ratio of 0.09. This is a healthy value indicating a solid balance between debt and equity.
INDB has a Debt to Equity ratio of 0.09. This is amongst the best in the industry. INDB outperforms 87.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 3.11 | ||
| Altman-Z | 2.51 |
ROIC/WACC1
WACC6.8%
2.3 Liquidity
A Current Ratio of 1.97 indicates that INDB should not have too much problems paying its short term obligations.
INDB's Current ratio of 1.97 is fine compared to the rest of the industry. INDB outperforms 65.63% of its industry peers.
INDB has a Quick Ratio of 1.97. This is a bad value and indicates that INDB is not financially healthy enough and could expect problems in meeting its short term obligations.
INDB's Quick ratio of 0.92 is in line compared to the rest of the industry. INDB outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.97 | ||
| Quick Ratio | 0.92 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 5.59% over the past year.
INDB shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -6.26% yearly.
Looking at the last year, INDB shows a decrease in Revenue. The Revenue has decreased by -9.76% in the last 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%114.82%
Revenue 1Y (TTM)-9.76%
Revenue growth 3Y2.41%
Revenue growth 5Y5.55%
Sales Q2Q%-9.5%
3.2 Future
The Earnings Per Share is expected to grow by 8.32% on average over the next years. This is quite good.
Based on estimates for the next years, INDB will show a small growth in Revenue. The Revenue will grow by 4.25% on average per year.
EPS Next Y-13.78%
EPS Next 2Y10.35%
EPS Next 3Y8.32%
EPS Next 5YN/A
Revenue Next Year1.44%
Revenue Next 2Y5.04%
Revenue Next 3Y4.25%
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.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 10.28, the valuation of INDB can be described as very reasonable.
Based on the Price/Earnings ratio, INDB is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of INDB to the average of the S&P500 Index (27.38), we can say INDB is valued rather cheaply.
INDB is valuated reasonably with a Price/Forward Earnings ratio of 10.18.
Compared to the rest of the industry, the Price/Forward Earnings ratio of INDB is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of INDB to the average of the S&P500 Index (22.86), we can say INDB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.28 | ||
| Fwd PE | 10.18 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of INDB indicates a somewhat cheap valuation: INDB is cheaper than 62.50% of the companies listed in the same industry.
INDB's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. INDB is cheaper than 68.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.77 | ||
| EV/EBITDA | 6.58 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y10.35%
EPS Next 3Y8.32%
5. Dividend
5.1 Amount
INDB has a Yearly Dividend Yield of 3.92%. Purely for dividend investing, there may be better candidates out there.
INDB's Dividend Yield is a higher than the industry average which is at 4.90.
INDB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.92% |
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
43.40% of the earnings are spent on dividend by INDB. 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.
DP43.4%
EPS Next 2Y10.35%
EPS Next 3Y8.32%
BIT:INDB (9/19/2025, 11:27:51 AM)
20.15
+0.05 (+0.25%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners11.64%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap117.68M
Analysts42.22
Price Target25.5 (26.55%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.92% |
Yearly Dividend0.85
Dividend Growth(5Y)4.11%
DP43.4%
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)4.17%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)8.38%
EPS NY rev (3m)8.38%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.28 | ||
| Fwd PE | 10.18 | ||
| P/S | 0.59 | ||
| P/FCF | 13.77 | ||
| P/OCF | 6.8 | ||
| P/B | 0.95 | ||
| P/tB | 1.1 | ||
| EV/EBITDA | 6.58 |
EPS(TTM)1.96
EY9.73%
EPS(NY)1.98
Fwd EY9.82%
FCF(TTM)1.46
FCFY7.26%
OCF(TTM)2.96
OCFY14.7%
SpS34.17
BVpS21.19
TBVpS18.27
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.23% | ||
| ROE | 8.61% | ||
| ROCE | 9.44% | ||
| ROIC | 6.79% | ||
| ROICexc | 7.66% | ||
| ROICexgc | 8.85% | ||
| OM | 6.74% | ||
| PM (TTM) | 5.34% | ||
| GM | 42.99% | ||
| FCFM | 4.28% |
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%
ROICexcg growth 3Y-10.76%
ROICexcg 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-Score7
Asset Turnover0.98
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 3.11 | ||
| Debt/EBITDA | 0.56 | ||
| Cap/Depr | 148.68% | ||
| Cap/Sales | 4.38% | ||
| Interest Coverage | 13.09 | ||
| Cash Conversion | 89.46% | ||
| Profit Quality | 80.18% | ||
| Current Ratio | 1.97 | ||
| Quick Ratio | 0.92 | ||
| Altman-Z | 2.51 |
F-Score7
WACC6.8%
ROIC/WACC1
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%114.82%
EPS Next Y-13.78%
EPS Next 2Y10.35%
EPS Next 3Y8.32%
EPS Next 5YN/A
Revenue 1Y (TTM)-9.76%
Revenue growth 3Y2.41%
Revenue growth 5Y5.55%
Sales Q2Q%-9.5%
Revenue Next Year1.44%
Revenue Next 2Y5.04%
Revenue Next 3Y4.25%
Revenue Next 5YN/A
EBIT growth 1Y-16.48%
EBIT growth 3Y-6.57%
EBIT growth 5Y-4.44%
EBIT Next Year25.15%
EBIT Next 3Y17.08%
EBIT Next 5YN/A
FCF growth 1Y-65.56%
FCF growth 3YN/A
FCF growth 5Y2.06%
OCF growth 1Y-48.25%
OCF growth 3Y45.93%
OCF growth 5Y1.35%