View ValuationIndel B 향후 성장Future 기준 점검 0/6Indel B 의 수익은 연간 13.1% 감소할 것으로 예상되는 반면, 연간 수익은 3.9% 로 증가할 것으로 예상됩니다. EPS는 연간 12.8% 만큼 쇠퇴할 것으로 예상됩니다. 자기자본이익률은 3년 후 9.1% 로 예상됩니다.핵심 정보-13.1%이익 성장률-12.85%EPS 성장률Consumer Durables 이익 성장19.7%매출 성장률3.9%향후 자기자본이익률9.10%애널리스트 커버리지Low마지막 업데이트05 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesDeclared Dividend • 3hDividend reduced to €0.60Dividend of €0.60 is 25% lower than last year. Ex-date: 1st June 2026 Payment date: 3rd June 2026 Dividend yield will be 3.1%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 34% over the next 3 years. However, it would need to fall by 83% to increase the payout ratio to a potentially unsustainable range.공시 • Apr 16Indel B S.p.A., Annual General Meeting, May 25, 2026Indel B S.p.A., Annual General Meeting, May 25, 2026, at 11:30 W. Europe Standard Time.공시 • Apr 12Indel B S.p.A. announces Annual dividend, payable on June 03, 2026Indel B S.p.A. announced Annual dividend of EUR 0.6000 per share payable on June 03, 2026, ex-date on June 01, 2026 and record date on June 02, 2026.공시 • Jun 13Indel B S.p.A. (BIT:INDB) acquired remaining 50% stake in Indel Webasto Marine Srl from Webasto Roof & Components SE for €23.4 million.Indel B S.p.A. (BIT:INDB) acquired remaining 50% stake in Indel Webasto Marine Srl from Webasto Roof & Components SE for €23.4 million on June 13, 2025. A cash consideration of €23.41 million will be paid by Indel B S.p.A. As part of consideration, €23.41 million is paid towards common equity of Indel Webasto Marine Srl. The transaction leads Indel B to hold 100% of the Target, thanks to the purchase of the shareholding held by Webasto Roof & Components SE. The total consideration for the transaction amounts to Euro 23.41 million, calculated using a multiple of about seven times the Target company’s 2024 EBITDA, adjusted for the net financial position as of December 31, 2024. The payment of the consideration was settled in full today via bank transfer. For the period ending December 31, 2024, Indel Webasto Marine Srl reported total revenue of €16.8 million, net income of €3.5 million and EBITDA of €3.2 million. Indel B S.p.A. (BIT:INDB) completed the acquisition of remaining 50% stake in Indel Webasto Marine Srl from Webasto Roof & Components SE on June 13, 2025.공시 • May 27Indel B S.p.A. announces Annual dividend, payable on June 04, 2025Indel B S.p.A. announced Annual dividend of EUR 0.8000 per share payable on June 04, 2025, ex-date on June 02, 2025 and record date on June 03, 2025.공시 • Apr 24Indel B S.p.A., Annual General Meeting, May 23, 2025Indel B S.p.A., Annual General Meeting, May 23, 2025, at 11:00 W. Europe Standard Time.Buy Or Sell Opportunity • Oct 15Now 21% undervaluedOver the last 90 days, the stock has risen 3.8% to €21.60. The fair value is estimated to be €27.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has declined by 27%. Revenue is forecast to grow by 8.3% in 2 years. Earnings are forecast to grow by 71% in the next 2 years.Reported Earnings • Sep 26First half 2024 earnings released: EPS: €1.41 (vs €1.61 in 1H 2023)First half 2024 results: EPS: €1.41 (down from €1.61 in 1H 2023). Revenue: €108.5m (down 10.0% from 1H 2023). Net income: €7.89m (down 13% from 1H 2023). Profit margin: 7.3% (down from 7.5% in 1H 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.New Risk • Sep 24New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.5% Last year net profit margin: 6.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.5% net profit margin).Upcoming Dividend • May 27Upcoming dividend of €0.80 per shareEligible shareholders must have bought the stock before 03 June 2024. Payment date: 05 June 2024. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.1%).Reported Earnings • Apr 14Full year 2023 earnings released: EPS: €1.85 (vs €2.31 in FY 2022)Full year 2023 results: EPS: €1.85 (down from €2.31 in FY 2022). Revenue: €226.5m (up 1.4% from FY 2022). Net income: €10.4m (down 13% from FY 2022). Profit margin: 4.6% (down from 5.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 3% per year.Reported Earnings • Oct 01First half 2023 earnings releasedFirst half 2023 results: Revenue: €124.4m (up 6.5% from 1H 2022). Net income: €9.07m (up 47% from 1H 2022). Profit margin: 7.3% (up from 5.3% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Consumer Durables industry in Germany.Upcoming Dividend • May 29Upcoming dividend of €0.80 per share at 3.2% yieldEligible shareholders must have bought the stock before 05 June 2023. Payment date: 07 June 2023. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.9%).공시 • Jan 31+ 2 more updatesIndel B S.p.A. to Report First Half, 2023 Results on Sep 27, 2023Indel B S.p.A. announced that they will report first half, 2023 results on Sep 27, 2023Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. 1 highly experienced director. 2 independent directors (8 non-independent directors). President of Board of Statutory Auditors Sergio Marchese was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Sep 25First half 2022 earnings released: EPS: €1.09 (vs €2.87 in 1H 2021)First half 2022 results: EPS: €1.09 (down from €2.87 in 1H 2021). Revenue: €118.3m (up 24% from 1H 2021). Net income: €6.16m (down 63% from 1H 2021). Profit margin: 5.2% (down from 17% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 30Upcoming dividend of €1.00 per shareEligible shareholders must have bought the stock before 06 June 2022. Payment date: 08 June 2022. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.3%). Higher than average of industry peers (3.0%).Reported Earnings • Apr 27Full year 2021 earnings released: EPS: €4.25 (vs €1.08 in FY 2020)Full year 2021 results: EPS: €4.25 (up from €1.08 in FY 2020). Revenue: €188.3m (up 49% from FY 2020). Net income: €24.2m (up 292% from FY 2020). Profit margin: 13% (up from 4.9% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 6.4%, compared to a 9.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. 1 highly experienced director. 2 independent directors (8 non-independent directors). President of Board of Statutory Auditors Sergio Marchese was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Apr 24Full year 2021 earnings released: EPS: €4.25 (vs €1.08 in FY 2020)Full year 2021 results: EPS: €4.25 (up from €1.08 in FY 2020). Revenue: €188.3m (up 49% from FY 2020). Net income: €24.2m (up 292% from FY 2020). Profit margin: 13% (up from 4.9% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 6.4%, compared to a 9.2% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improved over the past weekAfter last week's 17% share price gain to €25.40, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the Consumer Durables industry in Germany. Total returns to shareholders of 19% over the past three years.Reported Earnings • Sep 22First half 2021 earnings released: EPS €2.87 (vs €0.50 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €95.9m (up 68% from 1H 2020). Net income: €16.4m (up 474% from 1H 2020). Profit margin: 17% (up from 5.0% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 7% per year, which means it is performing significantly worse than earnings.Upcoming Dividend • May 24Upcoming dividend of €0.52 per shareEligible shareholders must have bought the stock before 31 May 2021. Payment date: 02 June 2021. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.3%).Upcoming Dividend • May 19Upcoming dividend of €0.52 per shareEligible shareholders must have bought the stock before 26 May 2021. Payment date: 28 May 2021. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.3%).Reported Earnings • Apr 21Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €124.3m (down 18% from FY 2019). Net income: €6.20m (down 61% from FY 2019). Profit margin: 5.0% (down from 10% in FY 2019). The decrease in margin was driven by lower revenue.Is New 90 Day High Low • Feb 16New 90-day high: €25.40The company is up 38% from its price of €18.45 on 18 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.12 per share.Is New 90 Day High Low • Jan 30New 90-day high: €24.50The company is up 48% from its price of €16.60 on 30 October 2020. The German market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.02 per share.Is New 90 Day High Low • Jan 14New 90-day high: €22.90The company is up 38% from its price of €16.60 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €14.96 per share.Is New 90 Day High Low • Dec 18New 90-day high: €22.70The company is up 41% from its price of €16.10 on 18 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €14.94 per share.Is New 90 Day High Low • Nov 12New 90-day high: €17.55The company is up 10.0% from its price of €15.90 on 14 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Durables industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.76 per share.Is New 90 Day High Low • Oct 07New 90-day high: €17.35The company is up 12% from its price of €15.55 on 09 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Durables industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.86 per share.Reported Earnings • Sep 29First half earnings releasedOver the last 12 months the company has reported total profits of €10.1m, down 29% from the prior year. Total revenue was €124.8m over the last 12 months, down 18% from the prior year.이익 및 매출 성장 예측DB:2I6 - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2028235141219212/31/2027227131218212/31/2026221121217212/31/2025205201114N/A9/30/202520122814N/A6/30/202519723614N/A3/31/202519917716N/A12/31/202420011917N/A9/30/2024204101221N/A6/30/202420991525N/A3/31/2024215102029N/A12/31/2023221102533N/A9/30/2023224132128N/A6/30/2023227151722N/A3/31/20232251438N/A12/31/202222312-11-5N/A9/30/202221613-12-4N/A6/30/202220814-14-3N/A3/31/202219719-91N/A12/31/202118624-56N/A9/30/20211742218N/A6/30/202116120610N/A3/31/202114313812N/A12/31/202012461014N/A9/30/20201268813N/A6/30/202012710613N/A3/31/202014013714N/A12/31/201915416816N/A9/30/201915215N/A14N/A6/30/201915114N/A12N/A3/31/201914913N/A14N/A12/31/201814712N/A16N/A9/30/201814513N/A15N/A6/30/201814314N/A15N/A3/31/201813014N/A11N/A12/31/201711714N/A7N/A9/30/201710612N/AN/AN/A6/30/20179510N/AN/AN/A3/31/20179210N/AN/AN/A12/31/20168810N/A7N/A12/31/2015809N/A9N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 2I6 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -13.1%).수익 vs 시장: 2I6 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -13.1%).고성장 수익: 2I6 의 수익은 향후 3년간 감소할 것으로 예상됩니다.수익 대 시장: 2I6 의 수익(연간 3.9%)이 German 시장(연간 6.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 2I6 의 수익(연간 3.9%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 2I6의 자본 수익률은 3년 후 9.1%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YConsumer-durables 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/20 03:56종가2026/05/20 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Indel B S.p.A.는 6명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Andrea BonfaBanca Akros S.p.A. (ESN)Luigi De BellisEquita SIM S.p.A.Domenico GhilottiEquita SIM S.p.A.3명의 분석가 더 보기
Declared Dividend • 3hDividend reduced to €0.60Dividend of €0.60 is 25% lower than last year. Ex-date: 1st June 2026 Payment date: 3rd June 2026 Dividend yield will be 3.1%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (15% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 34% over the next 3 years. However, it would need to fall by 83% to increase the payout ratio to a potentially unsustainable range.
공시 • Apr 16Indel B S.p.A., Annual General Meeting, May 25, 2026Indel B S.p.A., Annual General Meeting, May 25, 2026, at 11:30 W. Europe Standard Time.
공시 • Apr 12Indel B S.p.A. announces Annual dividend, payable on June 03, 2026Indel B S.p.A. announced Annual dividend of EUR 0.6000 per share payable on June 03, 2026, ex-date on June 01, 2026 and record date on June 02, 2026.
공시 • Jun 13Indel B S.p.A. (BIT:INDB) acquired remaining 50% stake in Indel Webasto Marine Srl from Webasto Roof & Components SE for €23.4 million.Indel B S.p.A. (BIT:INDB) acquired remaining 50% stake in Indel Webasto Marine Srl from Webasto Roof & Components SE for €23.4 million on June 13, 2025. A cash consideration of €23.41 million will be paid by Indel B S.p.A. As part of consideration, €23.41 million is paid towards common equity of Indel Webasto Marine Srl. The transaction leads Indel B to hold 100% of the Target, thanks to the purchase of the shareholding held by Webasto Roof & Components SE. The total consideration for the transaction amounts to Euro 23.41 million, calculated using a multiple of about seven times the Target company’s 2024 EBITDA, adjusted for the net financial position as of December 31, 2024. The payment of the consideration was settled in full today via bank transfer. For the period ending December 31, 2024, Indel Webasto Marine Srl reported total revenue of €16.8 million, net income of €3.5 million and EBITDA of €3.2 million. Indel B S.p.A. (BIT:INDB) completed the acquisition of remaining 50% stake in Indel Webasto Marine Srl from Webasto Roof & Components SE on June 13, 2025.
공시 • May 27Indel B S.p.A. announces Annual dividend, payable on June 04, 2025Indel B S.p.A. announced Annual dividend of EUR 0.8000 per share payable on June 04, 2025, ex-date on June 02, 2025 and record date on June 03, 2025.
공시 • Apr 24Indel B S.p.A., Annual General Meeting, May 23, 2025Indel B S.p.A., Annual General Meeting, May 23, 2025, at 11:00 W. Europe Standard Time.
Buy Or Sell Opportunity • Oct 15Now 21% undervaluedOver the last 90 days, the stock has risen 3.8% to €21.60. The fair value is estimated to be €27.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has declined by 27%. Revenue is forecast to grow by 8.3% in 2 years. Earnings are forecast to grow by 71% in the next 2 years.
Reported Earnings • Sep 26First half 2024 earnings released: EPS: €1.41 (vs €1.61 in 1H 2023)First half 2024 results: EPS: €1.41 (down from €1.61 in 1H 2023). Revenue: €108.5m (down 10.0% from 1H 2023). Net income: €7.89m (down 13% from 1H 2023). Profit margin: 7.3% (down from 7.5% in 1H 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
New Risk • Sep 24New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.5% Last year net profit margin: 6.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.5% net profit margin).
Upcoming Dividend • May 27Upcoming dividend of €0.80 per shareEligible shareholders must have bought the stock before 03 June 2024. Payment date: 05 June 2024. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.1%).
Reported Earnings • Apr 14Full year 2023 earnings released: EPS: €1.85 (vs €2.31 in FY 2022)Full year 2023 results: EPS: €1.85 (down from €2.31 in FY 2022). Revenue: €226.5m (up 1.4% from FY 2022). Net income: €10.4m (down 13% from FY 2022). Profit margin: 4.6% (down from 5.4% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 3% per year.
Reported Earnings • Oct 01First half 2023 earnings releasedFirst half 2023 results: Revenue: €124.4m (up 6.5% from 1H 2022). Net income: €9.07m (up 47% from 1H 2022). Profit margin: 7.3% (up from 5.3% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Consumer Durables industry in Germany.
Upcoming Dividend • May 29Upcoming dividend of €0.80 per share at 3.2% yieldEligible shareholders must have bought the stock before 05 June 2023. Payment date: 07 June 2023. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.9%).
공시 • Jan 31+ 2 more updatesIndel B S.p.A. to Report First Half, 2023 Results on Sep 27, 2023Indel B S.p.A. announced that they will report first half, 2023 results on Sep 27, 2023
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. 1 highly experienced director. 2 independent directors (8 non-independent directors). President of Board of Statutory Auditors Sergio Marchese was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Sep 25First half 2022 earnings released: EPS: €1.09 (vs €2.87 in 1H 2021)First half 2022 results: EPS: €1.09 (down from €2.87 in 1H 2021). Revenue: €118.3m (up 24% from 1H 2021). Net income: €6.16m (down 63% from 1H 2021). Profit margin: 5.2% (down from 17% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 30Upcoming dividend of €1.00 per shareEligible shareholders must have bought the stock before 06 June 2022. Payment date: 08 June 2022. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.3%). Higher than average of industry peers (3.0%).
Reported Earnings • Apr 27Full year 2021 earnings released: EPS: €4.25 (vs €1.08 in FY 2020)Full year 2021 results: EPS: €4.25 (up from €1.08 in FY 2020). Revenue: €188.3m (up 49% from FY 2020). Net income: €24.2m (up 292% from FY 2020). Profit margin: 13% (up from 4.9% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 6.4%, compared to a 9.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 10 experienced directors. 1 highly experienced director. 2 independent directors (8 non-independent directors). President of Board of Statutory Auditors Sergio Marchese was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Apr 24Full year 2021 earnings released: EPS: €4.25 (vs €1.08 in FY 2020)Full year 2021 results: EPS: €4.25 (up from €1.08 in FY 2020). Revenue: €188.3m (up 49% from FY 2020). Net income: €24.2m (up 292% from FY 2020). Profit margin: 13% (up from 4.9% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 6.4%, compared to a 9.2% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improved over the past weekAfter last week's 17% share price gain to €25.40, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the Consumer Durables industry in Germany. Total returns to shareholders of 19% over the past three years.
Reported Earnings • Sep 22First half 2021 earnings released: EPS €2.87 (vs €0.50 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €95.9m (up 68% from 1H 2020). Net income: €16.4m (up 474% from 1H 2020). Profit margin: 17% (up from 5.0% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 7% per year, which means it is performing significantly worse than earnings.
Upcoming Dividend • May 24Upcoming dividend of €0.52 per shareEligible shareholders must have bought the stock before 31 May 2021. Payment date: 02 June 2021. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.3%).
Upcoming Dividend • May 19Upcoming dividend of €0.52 per shareEligible shareholders must have bought the stock before 26 May 2021. Payment date: 28 May 2021. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.3%).
Reported Earnings • Apr 21Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €124.3m (down 18% from FY 2019). Net income: €6.20m (down 61% from FY 2019). Profit margin: 5.0% (down from 10% in FY 2019). The decrease in margin was driven by lower revenue.
Is New 90 Day High Low • Feb 16New 90-day high: €25.40The company is up 38% from its price of €18.45 on 18 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.12 per share.
Is New 90 Day High Low • Jan 30New 90-day high: €24.50The company is up 48% from its price of €16.60 on 30 October 2020. The German market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.02 per share.
Is New 90 Day High Low • Jan 14New 90-day high: €22.90The company is up 38% from its price of €16.60 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €14.96 per share.
Is New 90 Day High Low • Dec 18New 90-day high: €22.70The company is up 41% from its price of €16.10 on 18 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €14.94 per share.
Is New 90 Day High Low • Nov 12New 90-day high: €17.55The company is up 10.0% from its price of €15.90 on 14 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Durables industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.76 per share.
Is New 90 Day High Low • Oct 07New 90-day high: €17.35The company is up 12% from its price of €15.55 on 09 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Durables industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.86 per share.
Reported Earnings • Sep 29First half earnings releasedOver the last 12 months the company has reported total profits of €10.1m, down 29% from the prior year. Total revenue was €124.8m over the last 12 months, down 18% from the prior year.