IVECO GROUP NV (IVG.MI) Stock Fundamental Analysis
Europe - BIT:IVG - NL0015000LU4 - Common Stock
18.31 EUR
+0.05 (+0.27%)
IVG gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 106 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 correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year IVG was profitable.
In the past year IVG had a positive cash flow from operations.
IVG had positive earnings in 4 of the past 5 years.
IVG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
IVG has a Return On Assets of 1.73%. This is comparable to the rest of the industry: IVG outperforms 40.95% of its industry peers.
IVG has a Return On Equity of 12.39%. This is in the better half of the industry: IVG outperforms 73.33% of its industry peers.
IVG has a Return On Invested Capital (4.53%) which is comparable to the rest of the industry.
IVG had an Average Return On Invested Capital over the past 3 years of 3.91%. This is below the industry average of 8.59%.
The last Return On Invested Capital (4.53%) for IVG is above the 3 year average (3.91%), which is a sign of increasing profitability.
| 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's Profit Margin of 2.17% is on the low side compared to the rest of the industry. IVG is outperformed by 60.00% of its industry peers.
IVG's Profit Margin has improved in the last couple of years.
IVG has a Operating Margin (5.00%) which is in line with 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 88.57% of its industry peers.
In the last couple of years the Gross Margin of IVG has grown nicely.
| 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
IVG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for IVG has been reduced compared to 1 year ago.
The number of shares outstanding for IVG has been increased compared to 5 years ago.
The debt/assets ratio for IVG has been reduced compared to a year ago.
2.2 Solvency
IVG has an Altman-Z score of 1.76. 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 1.76, IVG is in line with its industry, outperforming 40.95% of the companies in the same industry.
IVG has a debt to FCF ratio of 14.82. This is a negative value and a sign of low solvency as IVG would need 14.82 years to pay back of all of its debts.
With a Debt to FCF ratio value of 14.82, IVG is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
IVG has a Debt/Equity ratio of 1.35. This is a high value indicating a heavy dependency on external financing.
IVG has a Debt to Equity ratio of 1.35. This is amonst the worse of the industry: IVG underperforms 80.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.35 | ||
| Debt/FCF | 14.82 | ||
| Altman-Z | 1.76 |
ROIC/WACC0.64
WACC7.04%
2.3 Liquidity
A Current Ratio of 1.98 indicates that IVG should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.98, IVG is in the better half of the industry, outperforming 75.24% of the companies in the same industry.
IVG has a Quick Ratio of 1.40. This is a normal value and indicates that IVG is financially healthy and should not expect problems in meeting its short term obligations.
IVG has a Quick ratio of 1.40. This is in the better half of the industry: IVG outperforms 80.00% of its industry peers.
| 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 by -5.95% in the last year.
The Earnings Per Share has been growing by 32.82% on average over the past years. This is a very strong growth
Looking at the last year, IVG shows a decrease in Revenue. The Revenue has decreased by -6.97% in the last year.
The Revenue has been growing slightly by 5.06% on average over the past years.
EPS 1Y (TTM)-5.95%
EPS 3Y88.31%
EPS 5Y32.82%
EPS Q2Q%-38.1%
Revenue 1Y (TTM)-6.97%
Revenue growth 3Y6.52%
Revenue growth 5Y5.06%
Sales Q2Q%-3.52%
3.2 Future
The Earnings Per Share is expected to grow by 10.81% on average over the next years. This is quite good.
Based on estimates for the next years, IVG will show a small growth in Revenue. The Revenue will grow by 3.81% on average per year.
EPS Next Y-9.88%
EPS Next 2Y7.16%
EPS Next 3Y9.76%
EPS Next 5Y10.81%
Revenue Next Year-2.33%
Revenue Next 2Y2.71%
Revenue Next 3Y3.58%
Revenue Next 5Y3.81%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past 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 11.59, the valuation of IVG can be described as very reasonable.
Based on the Price/Earnings ratio, IVG is valued cheaper than 83.81% of the companies in the same industry.
When comparing the Price/Earnings ratio of IVG to the average of the S&P500 Index (26.89), we can say IVG is valued rather cheaply.
The Price/Forward Earnings ratio is 7.67, which indicates a rather cheap valuation of IVG.
Based on the Price/Forward Earnings ratio, IVG is valued cheaper than 88.57% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.99. IVG is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.59 | ||
| Fwd PE | 7.67 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, IVG is valued a bit cheaper than the industry average as 79.05% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, IVG is valued a bit cheaper than the industry average as 68.57% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.42 | ||
| EV/EBITDA | 5.48 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.35
EPS Next 2Y7.16%
EPS Next 3Y9.76%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.81%, IVG has a reasonable but not impressive dividend return.
IVG's Dividend Yield is comparable with the industry average which is at 2.62.
IVG's Dividend Yield is slightly below the S&P500 average, which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.81% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
IVG pays out 27.33% of its income as dividend. This is a sustainable payout ratio.
DP27.33%
EPS Next 2Y7.16%
EPS Next 3Y9.76%
BIT:IVG (10/24/2025, 7:00:00 PM)
18.31
+0.05 (+0.27%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners39.4%
Inst Owner ChangeN/A
Ins Owners0.1%
Ins Owner ChangeN/A
Market Cap4.97B
Revenue(TTM)14.81B
Net Income(TTM)322.00M
Analysts73.33
Price Target20.08 (9.67%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.81% |
Yearly Dividend0.27
Dividend Growth(5Y)N/A
DP27.33%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-4.8%
Min EPS beat(2)-15.44%
Max EPS beat(2)5.84%
EPS beat(4)3
Avg EPS beat(4)15.3%
Min EPS beat(4)-15.44%
Max EPS beat(4)63.53%
EPS beat(8)5
Avg EPS beat(8)15.63%
EPS beat(12)8
Avg EPS beat(12)16.7%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-0.77%
Min Revenue beat(2)-10.1%
Max Revenue beat(2)8.56%
Revenue beat(4)3
Avg Revenue beat(4)2.17%
Min Revenue beat(4)-10.1%
Max Revenue beat(4)9.28%
Revenue beat(8)5
Avg Revenue beat(8)0.74%
Revenue beat(12)7
Avg Revenue beat(12)2.33%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)6.76%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-11.82%
EPS NY rev (1m)0%
EPS NY rev (3m)-6.42%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.03%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)-2.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.59 | ||
| Fwd PE | 7.67 | ||
| P/S | 0.34 | ||
| P/FCF | 12.42 | ||
| P/OCF | 3.85 | ||
| P/B | 1.91 | ||
| P/tB | 9 | ||
| EV/EBITDA | 5.48 |
EPS(TTM)1.58
EY8.63%
EPS(NY)2.39
Fwd EY13.05%
FCF(TTM)1.47
FCFY8.05%
OCF(TTM)4.75
OCFY25.96%
SpS54.61
BVpS9.58
TBVpS2.04
PEG (NY)N/A
PEG (5Y)0.35
Graham Number18.46
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.73% | ||
| ROE | 12.39% | ||
| ROCE | 6% | ||
| ROIC | 4.53% | ||
| ROICexc | 5.79% | ||
| ROICexgc | 7.34% | ||
| OM | 5% | ||
| PM (TTM) | 2.17% | ||
| GM | 16.49% | ||
| FCFM | 2.7% |
ROA(3y)1.3%
ROA(5y)0.32%
ROE(3y)9.48%
ROE(5y)2.54%
ROIC(3y)3.91%
ROIC(5y)N/A
ROICexc(3y)4.85%
ROICexc(5y)N/A
ROICexgc(3y)5.77%
ROICexgc(5y)N/A
ROCE(3y)5.17%
ROCE(5y)N/A
ROICexgc growth 3Y26.65%
ROICexgc growth 5Y12.05%
ROICexc growth 3Y25.45%
ROICexc growth 5Y11.07%
OM growth 3Y29.77%
OM growth 5Y9.99%
PM growth 3Y77.09%
PM growth 5Y26.56%
GM growth 3Y7.43%
GM growth 5Y4.66%
F-Score6
Asset Turnover0.8
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.35 | ||
| Debt/FCF | 14.82 | ||
| Debt/EBITDA | 2.37 | ||
| Cap/Depr | 119.97% | ||
| Cap/Sales | 6% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 86.98% | ||
| Profit Quality | 124.22% | ||
| Current Ratio | 1.98 | ||
| Quick Ratio | 1.4 | ||
| Altman-Z | 1.76 |
F-Score6
WACC7.04%
ROIC/WACC0.64
Cap/Depr(3y)146.94%
Cap/Depr(5y)121.88%
Cap/Sales(3y)5.9%
Cap/Sales(5y)5.2%
Profit Quality(3y)212.1%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-5.95%
EPS 3Y88.31%
EPS 5Y32.82%
EPS Q2Q%-38.1%
EPS Next Y-9.88%
EPS Next 2Y7.16%
EPS Next 3Y9.76%
EPS Next 5Y10.81%
Revenue 1Y (TTM)-6.97%
Revenue growth 3Y6.52%
Revenue growth 5Y5.06%
Sales Q2Q%-3.52%
Revenue Next Year-2.33%
Revenue Next 2Y2.71%
Revenue Next 3Y3.58%
Revenue Next 5Y3.81%
EBIT growth 1Y-21.25%
EBIT growth 3Y38.23%
EBIT growth 5Y15.55%
EBIT Next Year74.95%
EBIT Next 3Y29.26%
EBIT Next 5YN/A
FCF growth 1Y-7.83%
FCF growth 3YN/A
FCF growth 5Y-8.52%
OCF growth 1Y-0.31%
OCF growth 3Y26.42%
OCF growth 5Y8.96%
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.
Can you provide the valuation status for IVECO GROUP NV?
ChartMill assigns a valuation rating of 6 / 10 to IVECO GROUP NV (IVG.MI). This can be considered as Fairly Valued.
What is the profitability of IVG stock?
IVECO GROUP NV (IVG.MI) has a profitability rating of 5 / 10.
Can you provide the financial health for IVG stock?
The financial health rating of IVECO GROUP NV (IVG.MI) is 3 / 10.
What is the earnings growth outlook for IVECO GROUP NV?
The Earnings per Share (EPS) of IVECO GROUP NV (IVG.MI) is expected to decline by -9.88% in the next year.