ITALMOBILIARE SPA (ITM.MI) Stock Fundamental Analysis
BIT:ITM - Euronext Milan - IT0005253205 - Common Stock - Currency: EUR
ITM gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 14 industry peers in the Industrial Conglomerates industry. Both the profitability and the financial health of ITM get a neutral evaluation. Nothing too spectacular is happening here. ITM has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
ITM had positive earnings in the past year.
ITM had a positive operating cash flow in the past year.
Each year in the past 5 years ITM has been profitable.
Of the past 5 years ITM 4 years had a positive operating cash flow.
1.2 Ratios
ITM has a Return On Assets of 3.88%. This is comparable to the rest of the industry: ITM outperforms 42.86% of its industry peers.
Looking at the Return On Equity, with a value of 6.32%, ITM is doing worse than 71.43% of the companies in the same industry.
With a Return On Invested Capital value of 5.34%, ITM perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ITM is below the industry average of 7.10%.
The 3 year average ROIC (3.99%) for ITM is below the current ROIC(5.34%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.88% | ||
| ROE | 6.32% | ||
| ROIC | 5.34% |
ROA(3y)2.62%
ROA(5y)3.67%
ROE(3y)4.08%
ROE(5y)5.39%
ROIC(3y)3.99%
ROIC(5y)4.87%
1.3 Margins
With a decent Profit Margin value of 13.35%, ITM is doing good in the industry, outperforming 64.29% of the companies in the same industry.
In the last couple of years the Profit Margin of ITM has grown nicely.
With a decent Operating Margin value of 17.52%, ITM is doing good in the industry, outperforming 71.43% of the companies in the same industry.
ITM's Operating Margin has declined in the last couple of years.
With an excellent Gross Margin value of 63.17%, ITM belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
In the last couple of years the Gross Margin of ITM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.52% | ||
| PM (TTM) | 13.35% | ||
| GM | 63.17% |
OM growth 3Y-17.16%
OM growth 5Y-1.93%
PM growth 3Y-22.22%
PM growth 5Y3.53%
GM growth 3Y-3.59%
GM growth 5Y1.91%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ITM is destroying value.
Compared to 1 year ago, ITM has about the same amount of shares outstanding.
The number of shares outstanding for ITM has been increased compared to 5 years ago.
ITM has a worse debt/assets ratio than last year.
2.2 Solvency
ITM has an Altman-Z score of 2.15. This is not the best score and indicates that ITM is in the grey zone with still only limited risk for bankruptcy at the moment.
ITM has a Altman-Z score (2.15) which is in line with its industry peers.
ITM has a Debt/Equity ratio of 0.12. This is a healthy value indicating a solid balance between debt and equity.
ITM has a better Debt to Equity ratio (0.12) than 92.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.15 |
ROIC/WACC0.69
WACC7.72%
2.3 Liquidity
A Current Ratio of 1.65 indicates that ITM should not have too much problems paying its short term obligations.
ITM has a Current ratio (1.65) which is in line with its industry peers.
ITM has a Quick Ratio of 1.42. This is a normal value and indicates that ITM is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of ITM (1.42) is better than 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.65 | ||
| Quick Ratio | 1.42 |
3. Growth
3.1 Past
ITM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 40.61%, which is quite impressive.
Measured over the past 5 years, ITM shows a small growth in Earnings Per Share. The EPS has been growing by 7.90% on average per year.
Looking at the last year, ITM shows a quite strong growth in Revenue. The Revenue has grown by 19.74% in the last year.
The Revenue has been growing slightly by 4.39% on average over the past years.
EPS 1Y (TTM)40.61%
EPS 3Y-12.45%
EPS 5Y7.9%
EPS Q2Q%-34.69%
Revenue 1Y (TTM)19.74%
Revenue growth 3Y12.52%
Revenue growth 5Y4.39%
Sales Q2Q%20.96%
3.2 Future
Based on estimates for the next years, ITM will show a decrease in Earnings Per Share. The EPS will decrease by -1.61% on average per year.
The Revenue is expected to grow by 7.73% on average over the next years.
EPS Next Y-19.76%
EPS Next 2Y-8.92%
EPS Next 3Y-1.61%
EPS Next 5YN/A
Revenue Next Year10.47%
Revenue Next 2Y8.38%
Revenue Next 3Y7.73%
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 decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 12.51, the valuation of ITM can be described as correct.
71.43% of the companies in the same industry are more expensive than ITM, based on the Price/Earnings ratio.
ITM's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.30.
With a Price/Forward Earnings ratio of 15.44, ITM is valued correctly.
ITM's Price/Forward Earnings ratio is in line with the industry average.
ITM is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.51 | ||
| Fwd PE | 15.44 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ITM is valued a bit cheaper than 64.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.25 |
4.3 Compensation for Growth
The decent profitability rating of ITM may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.58
EPS Next 2Y-8.92%
EPS Next 3Y-1.61%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.25%, ITM has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.63, ITM pays a bit more dividend than its industry peers.
ITM's Dividend Yield is a higher than the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.25% |
5.2 History
On average, the dividend of ITM grows each year by 40.97%, which is quite nice.
Dividend Growth(5Y)40.97%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
157.36% of the earnings are spent on dividend by ITM. This is not a sustainable payout ratio.
ITM's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP157.36%
EPS Next 2Y-8.92%
EPS Next 3Y-1.61%
BIT:ITM (7/11/2025, 7:00:00 PM)
27.65
-0.05 (-0.18%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryIndustrial Conglomerates
Earnings (Last)
Earnings (Next)
Inst Owners18.72%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.18B
Analysts86.67
Price Target37.74 (36.49%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.25% |
Yearly Dividend3.48
Dividend Growth(5Y)40.97%
DP157.36%
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)8.82%
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)-19.76%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.91%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.51 | ||
| Fwd PE | 15.44 | ||
| P/S | 1.68 | ||
| P/FCF | N/A | ||
| P/OCF | 64.55 | ||
| P/B | 0.79 | ||
| P/tB | 1.36 | ||
| EV/EBITDA | 7.25 |
EPS(TTM)2.21
EY7.99%
EPS(NY)1.79
Fwd EY6.48%
FCF(TTM)-1.25
FCFYN/A
OCF(TTM)0.43
OCFY1.55%
SpS16.5
BVpS34.86
TBVpS20.29
PEG (NY)N/A
PEG (5Y)1.58
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.88% | ||
| ROE | 6.32% | ||
| ROCE | 6.45% | ||
| ROIC | 5.34% | ||
| ROICexc | 6.01% | ||
| ROICexgc | 9.48% | ||
| OM | 17.52% | ||
| PM (TTM) | 13.35% | ||
| GM | 63.17% | ||
| FCFM | N/A |
ROA(3y)2.62%
ROA(5y)3.67%
ROE(3y)4.08%
ROE(5y)5.39%
ROIC(3y)3.99%
ROIC(5y)4.87%
ROICexc(3y)4.75%
ROICexc(5y)6.22%
ROICexgc(3y)7.78%
ROICexgc(5y)10.56%
ROCE(3y)4.82%
ROCE(5y)5.88%
ROICexcg growth 3Y-14.67%
ROICexcg growth 5Y-2.24%
ROICexc growth 3Y-12.85%
ROICexc growth 5Y-4.4%
OM growth 3Y-17.16%
OM growth 5Y-1.93%
PM growth 3Y-22.22%
PM growth 5Y3.53%
GM growth 3Y-3.59%
GM growth 5Y1.91%
F-Score6
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.99 | ||
| Cap/Depr | 143.05% | ||
| Cap/Sales | 10.17% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 10.54% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.65 | ||
| Quick Ratio | 1.42 | ||
| Altman-Z | 2.15 |
F-Score6
WACC7.72%
ROIC/WACC0.69
Cap/Depr(3y)151.37%
Cap/Depr(5y)140.23%
Cap/Sales(3y)10.69%
Cap/Sales(5y)9.17%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)40.61%
EPS 3Y-12.45%
EPS 5Y7.9%
EPS Q2Q%-34.69%
EPS Next Y-19.76%
EPS Next 2Y-8.92%
EPS Next 3Y-1.61%
EPS Next 5YN/A
Revenue 1Y (TTM)19.74%
Revenue growth 3Y12.52%
Revenue growth 5Y4.39%
Sales Q2Q%20.96%
Revenue Next Year10.47%
Revenue Next 2Y8.38%
Revenue Next 3Y7.73%
Revenue Next 5YN/A
EBIT growth 1Y46.12%
EBIT growth 3Y-6.78%
EBIT growth 5Y2.37%
EBIT Next Year-18.89%
EBIT Next 3Y-25.9%
EBIT Next 5YN/A
FCF growth 1Y-1113.39%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-74.52%
OCF growth 3Y-36.75%
OCF growth 5Y-29.59%