How does IG0's PE Ratio compare to its peers?

IG0 is expensive based on its Price-To-Earnings Ratio (16.2x) compared to the peer average (14.4x).

How does IG0's PE Ratio compare vs other companies in the European Chemicals Industry?

IG0 is good value based on its Price-To-Earnings Ratio (16.2x) compared to the European Chemicals industry average (18.1x).

What is IG0's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

IG0 is expensive based on its Price-To-Earnings Ratio (16.2x) compared to the estimated Fair Price-To-Earnings Ratio (11.8x).

What is the Fair Price of IG0 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

IG0 (€4.48) is trading below our estimate of [[fair value]] (€6.36)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

IG0 Stock Overview

Designs, manufactures, and markets adhesives and fabrics for automotive, footwear, leather goods, upholstered furniture, packaging, boating, and cement markets in Italy and internationally. More details

IG0 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	1/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 29.5% below our estimate of its fair value

Earnings are forecast to grow 20.07% per year

Risk Analysis

Does not have a meaningful market cap (€32M)

Profit margins (2.5%) are lower than last year (3.9%)

My Notes

Capture your thoughts, links and company narrative

Industrie Chimiche Forestali S.p.A. Competitors

Nabaltec

XTRA:NTG

€124.1m

H&R GmbH KGaA

XTRA:2HRA

€140.0m

Uzin Utz

XTRA:UZU

€248.2m

AlzChem Group

XTRA:ACT

€616.7m

Price History & Performance

Summary of share price highs, lows and changes for Industrie Chimiche Forestali
Historical stock prices
Current Share Price	€4.48
52 Week High	€5.10
52 Week Low	€3.82
Beta	0.54
1 Month Change	-3.45%
3 Month Change	7.18%
1 Year Change	12.00%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-14.18%

Recent updates

Shareholder Returns

	IG0	DE Chemicals	DE Market
7D	-1.3%	2.2%	2.3%
1Y	12.0%	2.6%	11.9%

Return vs Industry: IG0 exceeded the German Chemicals industry which returned 3.5% over the past year.

Return vs Market: IG0 underperformed the German Market which returned 13.2% over the past year.

Price Volatility

Is IG0's price volatile compared to industry and market?
IG0 volatility
IG0 Average Weekly Movement	4.1%
Chemicals Industry Average Movement	4.1%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.8%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: IG0 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: IG0's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1918	150	Guido Cami	www.forestali.it

Industrie Chimiche Forestali S.p.A. designs, manufactures, and markets adhesives and fabrics for automotive, footwear, leather goods, upholstered furniture, packaging, boating, and cement markets in Italy and internationally. The company markets its products under the Industrie Chimiche Forestali, ABC - Adhesive Based Chemicals, Durabond, and Morel brands. It also offers its products through online.

Industrie Chimiche Forestali S.p.A. Fundamentals Summary

How do Industrie Chimiche Forestali's earnings and revenue compare to its market cap?
IG0 fundamental statistics
Market cap	€32.32m
Earnings (TTM)	€1.96m
Revenue (TTM)	€78.91m

16.2x

P/E Ratio

0.4x

P/S Ratio

Is IG0 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IG0 income statement (TTM)
Revenue	€78.91m
Cost of Revenue	€48.59m
Gross Profit	€30.32m
Other Expenses	€28.36m
Earnings	€1.96m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.29
Gross Margin	38.43%
Net Profit Margin	2.48%
Debt/Equity Ratio	8.6%

How did IG0 perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

69%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/22 13:11
End of Day Share Price	2025/01/22 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Industrie Chimiche Forestali S.p.A. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Giuseppe Marsella	Alantra Capital Markets Research
Andrea Zampaloni	Alantra Capital Markets Research