IVECO GROUP NV (IVG.MI) Stock Fundamental Analysis
Europe • Euronext Milan • BIT:IVG • NL0015000LU4
18.87 EUR
+0.05 (+0.27%)
Last: Jan 30, 2026, 07:00 PM
Overall IVG gets a fundamental rating of 4 out of 10. We evaluated IVG against 112 industry peers in the Machinery industry. There are concerns on the financial health of IVG while its profitability can be described as average. IVG has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- In the past year IVG was profitable.
- IVG had a positive operating cash flow in the past year.
- IVG had positive earnings in 4 of the past 5 years.
- In the past 5 years IVG always reported a positive cash flow from operatings.
1.2 Ratios
- Looking at the Return On Assets, with a value of 1.73%, IVG is doing worse than 60.71% of the companies in the same industry.
- The Return On Equity of IVG (12.39%) is better than 72.32% of its industry peers.
- IVG has a Return On Invested Capital (4.53%) which is in line with its industry peers.
- IVG had an Average Return On Invested Capital over the past 3 years of 3.91%. This is significantly below the industry average of 9.21%.
- The 3 year average ROIC (3.91%) for IVG is below the current ROIC(4.53%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.73% | ||
| ROE | 12.39% | ||
| ROIC | 4.53% |
ROA(3y)1.3%
ROA(5y)0.32%
ROE(3y)9.48%
ROE(5y)2.54%
ROIC(3y)3.91%
ROIC(5y)N/A
1.3 Margins
- IVG has a Profit Margin of 2.17%. This is in the lower half of the industry: IVG underperforms 62.50% of its industry peers.
- IVG's Profit Margin has improved in the last couple of years.
- IVG has a Operating Margin of 5.00%. This is in the lower half of the industry: IVG underperforms 60.71% of its industry peers.
- IVG's Operating Margin has improved in the last couple of years.
- IVG has a Gross Margin of 16.49%. This is amonst the worse of the industry: IVG underperforms 91.07% of its industry peers.
- IVG's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5% | ||
| PM (TTM) | 2.17% | ||
| GM | 16.49% |
OM growth 3Y29.77%
OM growth 5Y9.99%
PM growth 3Y77.09%
PM growth 5Y26.56%
GM growth 3Y7.43%
GM growth 5Y4.66%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so IVG is destroying value.
- The number of shares outstanding for IVG has been reduced compared to 1 year ago.
- IVG has more shares outstanding than it did 5 years ago.
- IVG has a better debt/assets ratio than last year.
2.2 Solvency
- IVG has an Altman-Z score of 1.77. This is a bad value and indicates that IVG is not financially healthy and even has some risk of bankruptcy.
- Looking at the Altman-Z score, with a value of 1.77, IVG is in line with its industry, outperforming 41.96% of the companies in the same industry.
- The Debt to FCF ratio of IVG is 14.82, which is on the high side as it means it would take IVG, 14.82 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of IVG (14.82) is worse than 67.86% of its industry peers.
- A Debt/Equity ratio of 1.35 is on the high side and indicates that IVG has dependencies on debt financing.
- IVG's Debt to Equity ratio of 1.35 is on the low side compared to the rest of the industry. IVG is outperformed by 83.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.35 | ||
| Debt/FCF | 14.82 | ||
| Altman-Z | 1.77 |
ROIC/WACC0.61
WACC7.43%
2.3 Liquidity
- A Current Ratio of 1.98 indicates that IVG should not have too much problems paying its short term obligations.
- IVG has a Current ratio of 1.98. This is in the better half of the industry: IVG outperforms 74.11% of its industry peers.
- A Quick Ratio of 1.40 indicates that IVG should not have too much problems paying its short term obligations.
- With a decent Quick ratio value of 1.40, IVG is doing good in the industry, outperforming 77.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.98 | ||
| Quick Ratio | 1.4 |
3. Growth
3.1 Past
- The earnings per share for IVG have decreased strongly by -23.43% in the last year.
- Measured over the past years, IVG shows a very strong growth in Earnings Per Share. The EPS has been growing by 32.82% on average per year.
- The Revenue has decreased by -7.24% in the past year.
- Measured over the past years, IVG shows a small growth in Revenue. The Revenue has been growing by 5.06% on average per year.
EPS 1Y (TTM)-23.43%
EPS 3Y88.31%
EPS 5Y32.82%
EPS Q2Q%-61.54%
Revenue 1Y (TTM)-7.24%
Revenue growth 3Y6.52%
Revenue growth 5Y5.06%
Sales Q2Q%-9.61%
3.2 Future
- Based on estimates for the next years, IVG will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.81% on average per year.
- The Revenue is expected to grow by 4.30% on average over the next years.
EPS Next Y-25.28%
EPS Next 2Y1.11%
EPS Next 3Y8.02%
EPS Next 5Y10.81%
Revenue Next Year-5.37%
Revenue Next 2Y0.91%
Revenue Next 3Y2.67%
Revenue Next 5Y4.3%
3.3 Evolution
- Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 14.08, the valuation of IVG can be described as correct.
- Based on the Price/Earnings ratio, IVG is valued cheaper than 84.82% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 28.32, IVG is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 8.87, the valuation of IVG can be described as reasonable.
- 90.18% of the companies in the same industry are more expensive than IVG, based on the Price/Forward Earnings ratio.
- The average S&P500 Price/Forward Earnings ratio is at 25.57. IVG is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.08 | ||
| Fwd PE | 8.87 |
4.2 Price Multiples
- IVG's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. IVG is cheaper than 81.25% of the companies in the same industry.
- 70.54% of the companies in the same industry are more expensive than IVG, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.79 | ||
| EV/EBITDA | 5.59 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.43
EPS Next 2Y1.11%
EPS Next 3Y8.02%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 1.75%, IVG has a reasonable but not impressive dividend return.
- IVG's Dividend Yield is a higher than the industry average which is at 1.47.
- IVG's Dividend Yield is comparable with the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.75% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 27.33% of the earnings are spent on dividend by IVG. This is a low number and sustainable payout ratio.
DP27.33%
EPS Next 2Y1.11%
EPS Next 3Y8.02%
IVECO GROUP NV / IVG.MI FAQ
Can you provide the ChartMill fundamental rating for IVECO GROUP NV?
ChartMill assigns a fundamental rating of 4 / 10 to IVG.MI.
What is the valuation status for IVG stock?
ChartMill assigns a valuation rating of 6 / 10 to IVECO GROUP NV (IVG.MI). This can be considered as Fairly Valued.
Can you provide the profitability details for IVECO GROUP NV?
IVECO GROUP NV (IVG.MI) has a profitability rating of 5 / 10.
How financially healthy is IVECO GROUP NV?
The financial health rating of IVECO GROUP NV (IVG.MI) is 3 / 10.
Can you provide the expected EPS growth for IVG stock?
The Earnings per Share (EPS) of IVECO GROUP NV (IVG.MI) is expected to decline by -25.28% in the next year.