ITALMOBILIARE SPA (ITM.MI) Fundamental Analysis & Valuation

BIT:ITM • IT0005253205

25.4 EUR
+0.1 (+0.4%)
Last: Mar 12, 2026, 10:54 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership

This ITM.MI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

4

Overall ITM gets a fundamental rating of 4 out of 10. We evaluated ITM against 17 industry peers in the Industrial Conglomerates industry. ITM has only an average score on both its financial health and profitability. ITM is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

5

1. ITM.MI Profitability Analysis

1.1 Basic Checks

  • In the past year ITM was profitable.
  • In the past year ITM has reported a negative cash flow from operations.
  • 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.
ITM.MI Yearly Net Income VS EBIT VS OCF VS FCFITM.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 50M -50M 100M -100M 150M

1.2 Ratios

  • ITM has a Return On Assets (1.38%) which is comparable to the rest of the industry.
  • Looking at the Return On Equity, with a value of 2.30%, ITM is doing worse than 64.71% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 4.28%, ITM is in line with its industry, outperforming 47.06% 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 6.86%.
  • The 3 year average ROIC (3.99%) for ITM is below the current ROIC(4.28%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 1.38%
ROE 2.3%
ROIC 4.28%
ROA(3y)2.62%
ROA(5y)3.67%
ROE(3y)4.08%
ROE(5y)5.39%
ROIC(3y)3.99%
ROIC(5y)4.87%
ITM.MI Yearly ROA, ROE, ROICITM.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8

1.3 Margins

  • With a Profit Margin value of 4.58%, ITM perfoms like the industry average, outperforming 41.18% of the companies in the same industry.
  • ITM's Profit Margin has improved in the last couple of years.
  • ITM has a better Operating Margin (13.63%) than 70.59% of its industry peers.
  • In the last couple of years the Operating Margin of ITM has declined.
  • ITM has a Gross Margin of 59.86%. This is amongst the best in the industry. ITM outperforms 88.24% of its industry peers.
  • In the last couple of years the Gross Margin of ITM has grown nicely.
Industry RankSector Rank
OM 13.63%
PM (TTM) 4.58%
GM 59.86%
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%
ITM.MI Yearly Profit, Operating, Gross MarginsITM.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. ITM.MI Health Analysis

2.1 Basic Checks

  • ITM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • Compared to 1 year ago, ITM has about the same amount of shares outstanding.
  • Compared to 5 years ago, ITM has more shares outstanding
  • ITM has a worse debt/assets ratio than last year.
ITM.MI Yearly Shares OutstandingITM.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M
ITM.MI Yearly Total Debt VS Total AssetsITM.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.2 Solvency

  • ITM has an Altman-Z score of 2.01. 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's Altman-Z score of 2.01 is fine compared to the rest of the industry. ITM outperforms 64.71% of its industry peers.
  • ITM has a Debt/Equity ratio of 0.15. This is a healthy value indicating a solid balance between debt and equity.
  • ITM has a Debt to Equity ratio of 0.15. This is amongst the best in the industry. ITM outperforms 94.12% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.15
Debt/FCF N/A
Altman-Z 2.01
ROIC/WACC0.61
WACC7.01%
ITM.MI Yearly LT Debt VS Equity VS FCFITM.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B

2.3 Liquidity

  • ITM has a Current Ratio of 1.58. This is a normal value and indicates that ITM is financially healthy and should not expect problems in meeting its short term obligations.
  • ITM has a Current ratio of 1.58. This is in the better half of the industry: ITM outperforms 64.71% of its industry peers.
  • A Quick Ratio of 1.34 indicates that ITM should not have too much problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 1.34, ITM is in the better half of the industry, outperforming 70.59% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.58
Quick Ratio 1.34
ITM.MI Yearly Current Assets VS Current LiabilitesITM.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

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

5

3. ITM.MI Growth Analysis

3.1 Past

  • ITM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -71.54%.
  • The Earnings Per Share has been growing slightly by 7.90% on average over the past years.
  • Looking at the last year, ITM shows a quite strong growth in Revenue. The Revenue has grown by 13.92% in the last year.
  • Measured over the past years, ITM shows a small growth in Revenue. The Revenue has been growing by 4.39% on average per year.
EPS 1Y (TTM)-71.54%
EPS 3Y-12.45%
EPS 5Y7.9%
EPS Q2Q%-121.47%
Revenue 1Y (TTM)13.92%
Revenue growth 3Y12.52%
Revenue growth 5Y4.39%
Sales Q2Q%7.65%

3.2 Future

  • The Earnings Per Share is expected to grow by 10.35% on average over the next years. This is quite good.
  • ITM is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.31% yearly.
EPS Next Y1.81%
EPS Next 2Y5.61%
EPS Next 3Y9.83%
EPS Next 5Y10.35%
Revenue Next Year12.65%
Revenue Next 2Y10.85%
Revenue Next 3Y11.31%
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.
  • 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.
ITM.MI Yearly Revenue VS EstimatesITM.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M 800M
ITM.MI Yearly EPS VS EstimatesITM.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 1 2 3

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Find the best growth stocksShow best growing peers

3

4. ITM.MI Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 32.15, which means the current valuation is very expensive for ITM.
  • Based on the Price/Earnings ratio, ITM is valued a bit more expensive than 64.71% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of ITM to the average of the S&P500 Index (26.15), we can say ITM is valued slightly more expensively.
  • Based on the Price/Forward Earnings ratio of 10.20, the valuation of ITM can be described as reasonable.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of ITM indicates a rather cheap valuation: ITM is cheaper than 82.35% of the companies listed in the same industry.
  • ITM is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.27, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 32.15
Fwd PE 10.2
ITM.MI Price Earnings VS Forward Price EarningsITM.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • ITM's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ITM is cheaper than 70.59% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 8.02
ITM.MI Per share dataITM.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ITM does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)17.76
PEG (5Y)4.07
EPS Next 2Y5.61%
EPS Next 3Y9.83%

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

4

5. ITM.MI Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 3.39%, ITM has a reasonable but not impressive dividend return.
  • Compared to an average industry Dividend Yield of 2.99, ITM pays a bit more dividend than its industry peers.
  • ITM's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 3.39%

5.2 History

  • The dividend of ITM is nicely growing with an annual growth rate of 40.97%!
Dividend Growth(5Y)40.97%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • ITM pays out 117.74% of its income as dividend. This is not a sustainable payout ratio.
  • The dividend of ITM is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP117.74%
EPS Next 2Y5.61%
EPS Next 3Y9.83%
ITM.MI Yearly Income VS Free CF VS DividendITM.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M 100M -100M
ITM.MI Dividend Payout.ITM.MI Dividend Payout, showing the Payout Ratio.ITM.MI Dividend Payout.PayoutRetained Earnings

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ITM.MI Fundamentals: All Metrics, Ratios and Statistics

ITALMOBILIARE SPA

BIT:ITM (3/12/2026, 10:54:03 AM)

25.4

+0.1 (+0.4%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryIndustrial Conglomerates
Earnings (Last)03-05
Earnings (Next)05-13
Inst Owners16.75%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.08B
Revenue(TTM)727.20M
Net Income(TTM)33.30M
Analysts82.5
Price Target38.33 (50.91%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.39%
Yearly Dividend3.48
Dividend Growth(5Y)40.97%
DP117.74%
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)10.84%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-2.29%
Revenue NY rev (3m)-2.29%
Valuation
Industry RankSector Rank
PE 32.15
Fwd PE 10.2
P/S 1.48
P/FCF N/A
P/OCF N/A
P/B 0.75
P/tB 1.3
EV/EBITDA 8.02
EPS(TTM)0.79
EY3.11%
EPS(NY)2.49
Fwd EY9.8%
FCF(TTM)-2.51
FCFYN/A
OCF(TTM)-0.71
OCFYN/A
SpS17.11
BVpS34.07
TBVpS19.55
PEG (NY)17.76
PEG (5Y)4.07
Graham Number24.61
Profitability
Industry RankSector Rank
ROA 1.38%
ROE 2.3%
ROCE 5.17%
ROIC 4.28%
ROICexc 4.86%
ROICexgc 7.67%
OM 13.63%
PM (TTM) 4.58%
GM 59.86%
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)5.11%
ROICexc(5y)6.44%
ROICexgc(3y)8.79%
ROICexgc(5y)11.17%
ROCE(3y)4.82%
ROCE(5y)5.88%
ROICexgc growth 3Y-10.99%
ROICexgc growth 5Y0.26%
ROICexc growth 3Y-10.66%
ROICexc growth 5Y-2.96%
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-Score2
Asset Turnover0.3
Health
Industry RankSector Rank
Debt/Equity 0.15
Debt/FCF N/A
Debt/EBITDA 1.42
Cap/Depr 140.33%
Cap/Sales 10.56%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.58
Quick Ratio 1.34
Altman-Z 2.01
F-Score2
WACC7.01%
ROIC/WACC0.61
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)-71.54%
EPS 3Y-12.45%
EPS 5Y7.9%
EPS Q2Q%-121.47%
EPS Next Y1.81%
EPS Next 2Y5.61%
EPS Next 3Y9.83%
EPS Next 5Y10.35%
Revenue 1Y (TTM)13.92%
Revenue growth 3Y12.52%
Revenue growth 5Y4.39%
Sales Q2Q%7.65%
Revenue Next Year12.65%
Revenue Next 2Y10.85%
Revenue Next 3Y11.31%
Revenue Next 5YN/A
EBIT growth 1Y-13.04%
EBIT growth 3Y-6.78%
EBIT growth 5Y2.37%
EBIT Next Year24.37%
EBIT Next 3Y16.74%
EBIT Next 5YN/A
FCF growth 1Y-6.74%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y21.8%
OCF growth 3Y-36.75%
OCF growth 5Y-29.59%

ITALMOBILIARE SPA / ITM.MI FAQ

What is the ChartMill fundamental rating of ITALMOBILIARE SPA (ITM.MI) stock?

ChartMill assigns a fundamental rating of 4 / 10 to ITM.MI.


Can you provide the valuation status for ITALMOBILIARE SPA?

ChartMill assigns a valuation rating of 3 / 10 to ITALMOBILIARE SPA (ITM.MI). This can be considered as Overvalued.


How profitable is ITALMOBILIARE SPA (ITM.MI) stock?

ITALMOBILIARE SPA (ITM.MI) has a profitability rating of 5 / 10.


What is the valuation of ITALMOBILIARE SPA based on its PE and PB ratios?

The Price/Earnings (PE) ratio for ITALMOBILIARE SPA (ITM.MI) is 32.15 and the Price/Book (PB) ratio is 0.75.


How financially healthy is ITALMOBILIARE SPA?

The financial health rating of ITALMOBILIARE SPA (ITM.MI) is 4 / 10.