ITALIAN WINE BRANDS SPA (IWB.MI) Stock Fundamental Analysis
BIT:IWB - Euronext Milan - IT0005075764 - Common Stock - Currency: EUR
Overall IWB gets a fundamental rating of 6 out of 10. We evaluated IWB against 25 industry peers in the Beverages industry. Both the profitability and the financial health of IWB get a neutral evaluation. Nothing too spectacular is happening here. A decent growth rate in combination with a cheap valuation! Better keep an eye on IWB. This makes IWB very considerable for value investing!
1. Profitability
1.1 Basic Checks
IWB had positive earnings in the past year.
In the past year IWB had a positive cash flow from operations.
In the past 5 years IWB has always been profitable.
IWB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
IWB has a Return On Assets of 4.16%. This is in the better half of the industry: IWB outperforms 65.38% of its industry peers.
IWB has a better Return On Equity (9.71%) than 69.23% of its industry peers.
With a decent Return On Invested Capital value of 7.43%, IWB is doing good in the industry, outperforming 61.54% of the companies in the same industry.
IWB had an Average Return On Invested Capital over the past 3 years of 5.61%. This is below the industry average of 7.88%.
The last Return On Invested Capital (7.43%) for IWB is above the 3 year average (5.61%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.16% | ||
| ROE | 9.71% | ||
| ROIC | 7.43% |
ROA(3y)2.65%
ROA(5y)3.68%
ROE(3y)7.56%
ROE(5y)9.02%
ROIC(3y)5.61%
ROIC(5y)6.82%
1.3 Margins
The Profit Margin of IWB (4.89%) is worse than 69.23% of its industry peers.
IWB's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 7.94%, IWB is not doing good in the industry: 73.08% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of IWB has grown nicely.
With a Gross Margin value of 27.12%, IWB is not doing good in the industry: 84.62% of the companies in the same industry are doing better.
IWB's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.94% | ||
| PM (TTM) | 4.89% | ||
| GM | 27.12% |
OM growth 3Y-8.19%
OM growth 5Y2.02%
PM growth 3Y-18.23%
PM growth 5Y-2.16%
GM growth 3Y-14.45%
GM growth 5Y-8.92%
2. Health
2.1 Basic Checks
IWB has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
IWB has less shares outstanding than it did 1 year ago.
The number of shares outstanding for IWB has been increased compared to 5 years ago.
IWB has a better debt/assets ratio than last year.
2.2 Solvency
IWB has an Altman-Z score of 1.85. This is not the best score and indicates that IWB is in the grey zone with still only limited risk for bankruptcy at the moment.
IWB has a Altman-Z score (1.85) which is in line with its industry peers.
IWB has a debt to FCF ratio of 2.64. This is a good value and a sign of high solvency as IWB would need 2.64 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.64, IWB belongs to the top of the industry, outperforming 96.15% of the companies in the same industry.
A Debt/Equity ratio of 0.69 indicates that IWB is somewhat dependend on debt financing.
With a decent Debt to Equity ratio value of 0.69, IWB is doing good in the industry, outperforming 69.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 2.64 | ||
| Altman-Z | 1.85 |
ROIC/WACC1.19
WACC6.27%
2.3 Liquidity
IWB has a Current Ratio of 1.42. This is a normal value and indicates that IWB is financially healthy and should not expect problems in meeting its short term obligations.
IWB's Current ratio of 1.42 is fine compared to the rest of the industry. IWB outperforms 61.54% of its industry peers.
A Quick Ratio of 0.81 indicates that IWB may have some problems paying its short term obligations.
IWB has a better Quick ratio (0.81) than 80.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.42 | ||
| Quick Ratio | 0.81 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 73.84% over the past year.
IWB shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.48% yearly.
The Revenue has been growing slightly by 3.26% in the past year.
Measured over the past years, IWB shows a very strong growth in Revenue. The Revenue has been growing by 23.42% on average per year.
EPS 1Y (TTM)73.84%
EPS 3Y-3.67%
EPS 5Y14.48%
EPS Q2Q%95.89%
Revenue 1Y (TTM)3.26%
Revenue growth 3Y28.07%
Revenue growth 5Y23.42%
Sales Q2Q%-2.83%
3.2 Future
IWB is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.51% yearly.
IWB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.16% yearly.
EPS Next Y39.48%
EPS Next 2Y21.43%
EPS Next 3Y14.51%
EPS Next 5YN/A
Revenue Next Year-6.43%
Revenue Next 2Y-2.02%
Revenue Next 3Y-0.3%
Revenue Next 5Y2.16%
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 stable.
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
Based on the Price/Earnings ratio of 10.00, the valuation of IWB can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of IWB indicates a rather cheap valuation: IWB is cheaper than 92.31% of the companies listed in the same industry.
IWB's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 29.35.
Based on the Price/Forward Earnings ratio of 8.54, the valuation of IWB can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of IWB indicates a rather cheap valuation: IWB is cheaper than 100.00% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.10. IWB is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10 | ||
| Fwd PE | 8.54 |
4.2 Price Multiples
84.62% of the companies in the same industry are more expensive than IWB, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of IWB indicates a rather cheap valuation: IWB is cheaper than 100.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.48 | ||
| EV/EBITDA | 6.86 |
4.3 Compensation for Growth
IWB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
IWB's earnings are expected to grow with 14.51% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.25
PEG (5Y)0.69
EPS Next 2Y21.43%
EPS Next 3Y14.51%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.38%, IWB has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.64, IWB has a dividend in line with its industry peers.
IWB's Dividend Yield is comparable with the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.38% |
5.2 History
The dividend of IWB decreases each year by -23.98%.
Dividend Growth(5Y)-23.98%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
IWB pays out 22.77% of its income as dividend. This is a sustainable payout ratio.
DP22.77%
EPS Next 2Y21.43%
EPS Next 3Y14.51%
BIT:IWB (3/7/2025, 7:00:00 PM)
21.9
+0.9 (+4.29%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners28.13%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap207.17M
Analysts85
Price Target33.94 (54.98%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.38% |
Yearly Dividend0.1
Dividend Growth(5Y)-23.98%
DP22.77%
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)-0.52%
PT rev (3m)-0.52%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)7.13%
EPS NY rev (3m)7.13%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-4.25%
Revenue NY rev (3m)-4.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10 | ||
| Fwd PE | 8.54 | ||
| P/S | 0.49 | ||
| P/FCF | 3.48 | ||
| P/OCF | 3.37 | ||
| P/B | 0.97 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.86 |
EPS(TTM)2.19
EY10%
EPS(NY)2.57
Fwd EY11.71%
FCF(TTM)6.3
FCFY28.77%
OCF(TTM)6.51
OCFY29.71%
SpS44.77
BVpS22.54
TBVpS-4.35
PEG (NY)0.25
PEG (5Y)0.69
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.16% | ||
| ROE | 9.71% | ||
| ROCE | 9.03% | ||
| ROIC | 7.43% | ||
| ROICexc | 8.58% | ||
| ROICexgc | 40.43% | ||
| OM | 7.94% | ||
| PM (TTM) | 4.89% | ||
| GM | 27.12% | ||
| FCFM | 14.07% |
ROA(3y)2.65%
ROA(5y)3.68%
ROE(3y)7.56%
ROE(5y)9.02%
ROIC(3y)5.61%
ROIC(5y)6.82%
ROICexc(3y)6.87%
ROICexc(5y)8.62%
ROICexgc(3y)41.48%
ROICexgc(5y)62.43%
ROCE(3y)6.82%
ROCE(5y)8.28%
ROICexcg growth 3Y-26.77%
ROICexcg growth 5YN/A
ROICexc growth 3Y-15.19%
ROICexc growth 5Y-3.38%
OM growth 3Y-8.19%
OM growth 5Y2.02%
PM growth 3Y-18.23%
PM growth 5Y-2.16%
GM growth 3Y-14.45%
GM growth 5Y-8.92%
F-Score7
Asset Turnover0.85
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 2.64 | ||
| Debt/EBITDA | 3.23 | ||
| Cap/Depr | 15.92% | ||
| Cap/Sales | 0.46% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 134.36% | ||
| Profit Quality | 288% | ||
| Current Ratio | 1.42 | ||
| Quick Ratio | 0.81 | ||
| Altman-Z | 1.85 |
F-Score7
WACC6.27%
ROIC/WACC1.19
Cap/Depr(3y)47.2%
Cap/Depr(5y)43.36%
Cap/Sales(3y)1.17%
Cap/Sales(5y)1.01%
Profit Quality(3y)147.22%
Profit Quality(5y)132.56%
High Growth Momentum
Growth
EPS 1Y (TTM)73.84%
EPS 3Y-3.67%
EPS 5Y14.48%
EPS Q2Q%95.89%
EPS Next Y39.48%
EPS Next 2Y21.43%
EPS Next 3Y14.51%
EPS Next 5YN/A
Revenue 1Y (TTM)3.26%
Revenue growth 3Y28.07%
Revenue growth 5Y23.42%
Sales Q2Q%-2.83%
Revenue Next Year-6.43%
Revenue Next 2Y-2.02%
Revenue Next 3Y-0.3%
Revenue Next 5Y2.16%
EBIT growth 1Y52.99%
EBIT growth 3Y17.58%
EBIT growth 5Y25.91%
EBIT Next Year58.84%
EBIT Next 3Y21.24%
EBIT Next 5YN/A
FCF growth 1Y657.13%
FCF growth 3Y40.66%
FCF growth 5Y50.29%
OCF growth 1Y860.01%
OCF growth 3Y40.05%
OCF growth 5Y44.15%