INDEL B S.P.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 22.2 EUR | -3.48% |
|
-0.89% | -7.50% |
| May. 10 | Indel B, revenues slightly down in first quarter | AN |
| Apr. 12 | Indel B closes 2023 with declining numbers; there is dividend | AN |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 126.4 | 130.1 | 152.5 | 141.8 | 135.4 | 124.8 | - | - |
| Enterprise Value (EV) 1 | 139 | 134.7 | 165.3 | 170.3 | 135.4 | 119.3 | 115.2 | 104 |
| P/E ratio | 8.01 x | 21 x | 6.31 x | 10.9 x | 13 x | 9.81 x | 7.78 x | 7.47 x |
| Yield | 3.18% | 2.29% | 3.73% | 3.98% | - | 3.56% | 3.86% | 3.52% |
| Capitalization / Revenue | 0.82 x | 1.02 x | 0.81 x | 0.64 x | 0.6 x | 0.59 x | 0.54 x | 0.53 x |
| EV / Revenue | 0.9 x | 1.05 x | 0.88 x | 0.77 x | 0.6 x | 0.57 x | 0.5 x | 0.44 x |
| EV / EBITDA | 5.42 x | 9.1 x | 4.75 x | 6.11 x | 5.55 x | 4.44 x | 3.67 x | 3.21 x |
| EV / FCF | 18 x | 13.5 x | -36.3 x | - | - | 6.91 x | 10.5 x | 6.84 x |
| FCF Yield | 5.55% | 7.43% | -2.75% | - | - | 14.5% | 9.52% | 14.6% |
| Price to Book | 1.4 x | 1.4 x | 1.35 x | 1.17 x | - | 0.96 x | 0.86 x | 0.81 x |
| Nbr of stocks (in thousands) | 5,827 | 5,730 | 5,690 | 5,649 | 5,642 | 5,621 | - | - |
| Reference price 2 | 21.70 | 22.70 | 26.80 | 25.10 | 24.00 | 22.20 | 22.20 | 22.20 |
| Announcement Date | 4/16/20 | 4/16/21 | 4/21/22 | 4/28/23 | 4/12/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 154.8 | 127.7 | 188.3 | 219.9 | 226.5 | 210.1 | 231.1 | 236.2 |
| EBITDA 1 | 25.63 | 14.8 | 34.8 | 27.86 | 24.4 | 26.85 | 31.37 | 32.45 |
| EBIT 1 | 20.97 | 9.2 | 19.9 | 22.19 | 20.8 | 19.05 | 23.47 | 24.65 |
| Operating Margin | 13.55% | 7.2% | 10.57% | 10.09% | 9.18% | 9.07% | 10.16% | 10.44% |
| Earnings before Tax (EBT) 1 | 20.6 | 9.3 | 31.4 | 17.53 | 14.7 | 18.15 | 22.53 | 23.7 |
| Net income 1 | 15.74 | 6.2 | 24.25 | - | 10.4 | 13 | 16.8 | 17.55 |
| Net margin | 10.17% | 4.86% | 12.88% | - | 4.59% | 6.19% | 7.27% | 7.43% |
| EPS 2 | 2.710 | 1.080 | 4.250 | 2.310 | 1.850 | 2.264 | 2.854 | 2.971 |
| Free Cash Flow 1 | 7.719 | 10.01 | -4.551 | - | - | 17.27 | 10.97 | 15.2 |
| FCF margin | 4.99% | 7.84% | -2.42% | - | - | 8.22% | 4.75% | 6.44% |
| FCF Conversion (EBITDA) | 30.11% | 67.65% | - | - | - | 64.31% | 34.96% | 46.84% |
| FCF Conversion (Net income) | 49.04% | 161.48% | - | - | - | 132.82% | 65.28% | 86.61% |
| Dividend per Share 2 | 0.6900 | 0.5200 | 1.000 | 1.000 | - | 0.7907 | 0.8573 | 0.7810 |
| Announcement Date | 4/16/20 | 4/16/21 | 4/21/22 | 4/28/23 | 4/12/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 S1 | 2022 S1 | 2023 Q2 | 2023 S1 | 2023 S2 |
|---|---|---|---|---|---|
| Net sales 1 | - | - | 69.2 | 118.9 | 107.6 |
| EBITDA | - | 14.6 | - | 16.2 | 8.2 |
| EBIT | - | 10.84 | - | - | 7.7 |
| Operating Margin | - | - | - | - | 7.16% |
| Earnings before Tax (EBT) | 21.33 | 9.849 | - | 11.95 | - |
| Net income | - | 6.155 | - | 9.071 | - |
| Net margin | - | - | - | 7.63% | - |
| EPS | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - |
| Announcement Date | 9/17/21 | 9/23/22 | 9/27/23 | 9/27/23 | 4/12/24 |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 12.6 | 4.6 | 12.8 | 28.5 | - | - | - | - |
| Net Cash position 1 | - | - | - | - | - | 5.45 | 9.63 | 20.8 |
| Leverage (Debt/EBITDA) | 0.4897 x | 0.3108 x | 0.3678 x | 1.022 x | - | - | - | - |
| Free Cash Flow 1 | 7.72 | 10 | -4.55 | - | - | 17.3 | 11 | 15.2 |
| ROE (net income / shareholders' equity) | 18.4% | 6.75% | 15.3% | 10.3% | - | 9.6% | 11.5% | 11.3% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 15.50 | 16.20 | 19.90 | 21.40 | - | 23.20 | 25.80 | 27.30 |
| Cash Flow per Share | 2.770 | 2.500 | 0.9800 | -1.020 | - | - | - | - |
| Capex 1 | 8.45 | 4.3 | 10.1 | - | - | 5.4 | 6.33 | 4.8 |
| Capex / Sales | 5.46% | 3.37% | 5.37% | - | - | 2.57% | 2.74% | 2.03% |
| Announcement Date | 4/16/20 | 4/16/21 | 4/21/22 | 4/28/23 | 4/12/24 | - | - | - |
1EUR in Million2EUR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
22.2
EUR
Average target price
28.7
EUR
Spread / Average Target
+29.28%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -7.50% | 140M | |
| +9.99% | 57.07B | |
| +24.83% | 48.21B | |
| -0.17% | 42.3B | |
| +10.84% | 17.67B | |
| +12.31% | 17.6B | |
| +1.46% | 12.04B | |
| -24.60% | 10.19B | |
| +1.60% | 6.16B | |
| +12.67% | 5.64B |
- Stock Market
- Equities
- INDB Stock
- Financials Indel B S.p.A.
