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Inclam

BME:INC
Snowflake Description

Adequate balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
INC
BME
€50M
Market Cap
  1. Home
  2. ES
  3. Commercial Services
Company description

Inclam, S.A. engages in the water engineering and environment business in Spain and internationally. The last earnings update was 206 days ago. More info.


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INC Share Price and Events
7 Day Returns
0%
BME:INC
-8.8%
ES Commercial Services
1.1%
ES Market
1 Year Returns
-28%
BME:INC
-32.4%
ES Commercial Services
-7.5%
ES Market
INC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Inclam (INC) 0% 0% 0% -28% -10.5% -
ES Commercial Services -8.8% -15.5% -19.5% -32.4% 5.2% 1%
ES Market 1.1% -2.8% 1.2% -7.5% 6.8% -15.6%
1 Year Return vs Industry and Market
  • INC outperformed the Commercial Services industry which returned -32.4% over the past year.
  • INC underperformed the Market in Spain which returned -7.5% over the past year.
Price Volatility
INC
Industry
5yr Volatility vs Market

INC Value

 Is Inclam undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Inclam to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Inclam.

BME:INC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.8%
Perpetual Growth Rate 10-Year ES Government Bond Rate 1.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BME:INC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year ES Govt Bond Rate 1.5%
Equity Risk Premium S&P Global 8.2%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.72
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.718 (1 + (1- 25%) (21.93%))
0.89
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.89
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.53% + (0.89 * 8.18%)
8.81%

Discounted Cash Flow Calculation for BME:INC using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Inclam is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BME:INC DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 8.81%)
2019 5.78 Est @ 78.99% 5.32
2020 9.01 Est @ 55.75% 7.61
2021 12.56 Est @ 39.48% 9.75
2022 16.09 Est @ 28.1% 11.48
2023 19.33 Est @ 20.13% 12.68
2024 22.15 Est @ 14.55% 13.35
2025 24.50 Est @ 10.64% 13.57
2026 26.44 Est @ 7.91% 13.46
2027 28.02 Est @ 5.99% 13.11
2028 29.33 Est @ 4.65% 12.61
Present value of next 10 years cash flows €112.95
BME:INC DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €29.33 × (1 + 1.53%) ÷ (8.81% – 1.53%)
€409.03
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €409.03 ÷ (1 + 8.81%)10
€175.90
BME:INC Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €112.95 + €175.90
€288.84
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €288.84 / 29.38
€9.83
BME:INC Discount to Share Price
Calculation Result
Value per share (EUR) From above. €9.83
Current discount Discount to share price of €1.70
= -1 x (€1.70 - €9.83) / €9.83
82.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Inclam is available for.
Intrinsic value
>50%
Share price is €1.7 vs Future cash flow value of €9.83
Current Discount Checks
For Inclam to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Inclam's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Inclam's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Inclam's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Inclam's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BME:INC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in EUR €0.06
BME:INC Share Price ** BME (2019-05-22) in EUR €1.7
Europe Commercial Services Industry PE Ratio Median Figure of 105 Publicly-Listed Commercial Services Companies 16.44x
Spain Market PE Ratio Median Figure of 133 Publicly-Listed Companies 17.61x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Inclam.

BME:INC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BME:INC Share Price ÷ EPS (both in EUR)

= 1.7 ÷ 0.06

27.86x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Inclam is overvalued based on earnings compared to the Europe Commercial Services industry average.
  • Inclam is overvalued based on earnings compared to the Spain market.
Price based on expected Growth
Does Inclam's expected growth come at a high price?
Raw Data
BME:INC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 27.86x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
-0.8%per year
Europe Commercial Services Industry PEG Ratio Median Figure of 51 Publicly-Listed Commercial Services Companies 1.41x
Spain Market PEG Ratio Median Figure of 77 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Inclam, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Inclam's assets?
Raw Data
BME:INC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in EUR €0.32
BME:INC Share Price * BME (2019-05-22) in EUR €1.7
Spain Commercial Services Industry PB Ratio Median Figure of 5 Publicly-Listed Commercial Services Companies 2.33x
Spain Market PB Ratio Median Figure of 179 Publicly-Listed Companies 1.7x
BME:INC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BME:INC Share Price ÷ Book Value per Share (both in EUR)

= 1.7 ÷ 0.32

5.33x

* Primary Listing of Inclam.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Inclam is overvalued based on assets compared to the ES Commercial Services industry average.
X
Value checks
We assess Inclam's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check)
  5. Inclam has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

INC Future Performance

 How is Inclam expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Inclam, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-0.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Inclam expected to grow at an attractive rate?
  • Inclam's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 1.5%.
Growth vs Market Checks
  • Inclam's earnings are expected to decrease over the next 1-3 years, this is below the Spain market average.
  • Unable to compare Inclam's revenue growth to the Spain market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BME:INC Future Growth Rates Data Sources
Data Point Source Value (per year)
BME:INC Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -0.8%
Europe Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 21.7%
Europe Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 4%
Spain Market Earnings Growth Rate Market Cap Weighted Average 8.4%
Spain Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BME:INC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BME:INC Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-06-30 74 4 2
2018-03-31 62 1 2
2017-12-31 50 -1 1
2016-12-31 30 -2 -2
2015-12-31 31 -5 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Inclam's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if Inclam is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BME:INC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Inclam Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BME:INC Past Financials Data
Date (Data in EUR Millions) EPS *
2018-06-30 0.06
2018-03-31 0.06
2017-12-31 0.05
2016-12-31 -0.06
2015-12-31 0.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Inclam will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Inclam's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Inclam has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

INC Past Performance

  How has Inclam performed over the past 5 years?

  • Inclam's last earnings update was 206 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Inclam's growth in the last year to its industry (Commercial Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Inclam's year on year earnings growth rate has been positive over the past 5 years.
  • Inclam has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Inclam has become profitable in the last year making it difficult to compare the Europe Commercial Services industry average.
Earnings and Revenue History
Inclam's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Inclam Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BME:INC Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 74.50 1.79
2018-03-31 62.30 1.63
2017-12-31 50.11 1.46
2016-12-31 30.39 -1.61
2015-12-31 31.05 0.93
2015-03-31 28.17 0.86 0.13
2014-12-31 27.69 0.78
2013-12-31 29.01 1.50
2012-12-31 30.91 0.57

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Inclam has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Inclam used its assets more efficiently than the Europe Commercial Services industry average last year based on Return on Assets.
  • Inclam has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Inclam's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Inclam has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

INC Health

 How is Inclam's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Inclam's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Inclam is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Inclam's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Inclam's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 3.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Inclam Company Filings, last reported 10 months ago.

BME:INC Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 10.03 10.95 5.88
2018-03-31 10.03 10.95 5.88
2017-12-31 9.54 13.79 2.82
2016-12-31 6.21 14.78 3.61
2015-12-31 8.33 8.79 2.86
2015-03-31 6.18 11.03 3.14
2014-12-31 6.18 11.03 3.14
2013-12-31 5.44 7.53 2.30
2012-12-31 3.46 5.69 1.23
  • Inclam's level of debt (109.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (148.6% vs 109.1% today).
  • Debt is well covered by operating cash flow (38.7%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.9x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Inclam's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Inclam has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

INC Dividends

 What is Inclam's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Inclam dividends.
If you bought €2,000 of Inclam shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Inclam's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Inclam's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BME:INC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 77 Stocks 3.1%
Spain Market Average Dividend Yield Market Cap Weighted Average of 76 Stocks 4.4%
Spain Minimum Threshold Dividend Yield 10th Percentile 1.3%
Spain Bottom 25% Dividend Yield 25th Percentile 2.2%
Spain Top 25% Dividend Yield 75th Percentile 5.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Inclam has not reported any payouts.
  • Unable to verify if Inclam's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Inclam's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Inclam has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Inclam's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Inclam afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Inclam has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

INC Management

 What is the CEO of Inclam's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Inclam has no CEO, or we have no data on them.
Management Team

Alfonso Picazo

TITLE
Executive President of the Board of Directors

Eva De Andrés Picazo

TITLE
Executive Vice President of the Board

Elio Vicuña Arámbarri

TITLE
Executive Director

Javier Concellón

TITLE
Secretary
Board of Directors

Alfonso Picazo

TITLE
Executive President of the Board of Directors

Eva De Andrés Picazo

TITLE
Executive Vice President of the Board

Elio Vicuña Arámbarri

TITLE
Executive Director

Francisco Barba

TITLE
Independent Director
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Inclam's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Inclam has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

INC News

Simply Wall St News

A Close Look At Inclam, S.A.’s (BME:INC) 24% ROCE

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Inclam: 0.24 = €3.2m ÷ (€46m - €33m) (Based on the trailing twelve months to June 2018.) Therefore, Inclam has an ROCE of 24%. … Due to the way ROCE is calculated, a high level of current liabilities makes a company look as though it has less capital employed, and thus can (sometimes unfairly) boost the ROCE.

Simply Wall St -

How Financially Strong Is Inclam, S.A. (BME:INC)?

(BME:INC) with its market cap of €50m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Understanding the company's financial health becomes. … The following basic checks can help you get a picture of the company's balance sheet strength.

Simply Wall St -

Should We Be Delighted With Inclam, S.A.'s (BME:INC) ROE Of 14%?

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … Our data shows Inclam has a return on equity of 14% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Did Changing Sentiment Drive Inclam's (BME:INC) Share Price Down By 33%?

(BME:INC) have tasted that bitter downside in the last year, as the share price dropped 33%. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … When a company has just transitioned to profitability, earnings per share growth is not always the best way to look at the share price action.

Simply Wall St -

What Kind Of Shareholder Owns Most Inclam, S.A. (BME:INC) Stock?

Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … institutions own shares in the company

Simply Wall St -

How Financially Strong Is Inclam S.A. (BME:INC)?

(BME:INC) with its market cap of €56m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … So, understanding the company's financial health becomes. … Here are a few basic checks that are good enough to have a broad overview of the company’s financial strength.

Simply Wall St -

What Should Investors Know About Inclam SA's (BME:INC) Capital Returns?

and want a simplistic look at the return on Inclam SA (BME:INC) stock. … This share represents a portion of capital used by the company to operate the business, and it is important the company is able to use the capital base efficiently to create adequate cash flows for you as an investor. … Thus, to understand how your money can grow by investing in Inclam, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE)

Simply Wall St -

Who Owns Inclam SA (BME:INC)?

I am going to take a deep dive into Inclam SA’s (BME:INC) most recent ownership structure, not a frequent subject of discussion among individual investors. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment.

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How Does Investing In Inclam SA. (BME:INC) Impact Your Portfolio?

An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive. … I examine INC’s ratio of fixed assets to total assets to see whether the company is highly exposed to the risk of this type of constraint. … As a result, the company may be less volatile relative to broad market movements, compared to a company of similar size but higher proportion of fixed assets.

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What You Must Know About Inclam SA.'s (BME:INC) Major Investors

View our latest analysis for Inclam BME:INC Ownership_summary Mar 21st 18 Institutional Ownership Institutional investors transact in large blocks which can influence the momentum of stock prices, at least in the short-term, especially when there is a low level of public shares available on the market to trade. … General Public Ownership The general public holds a substantial 19.78% stake in INC, making it a highly popular stock among retail investors. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions.

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INC Company Info

Description

Inclam, S.A. engages in the water engineering and environment business in Spain and internationally. The company undertakes water engineering works, including hydrology and hydraulics, planning and studies, and risks management works, as well as work management and institutional strengthening services; and engineering, procurement, and construction work contracts for water purification, waste water treatment, and water desalination facilities, as well as hydraulic works. It also develops management systems, such as information, decision support, governance, and early warning systems, as well as control networks; and software applications comprising hydrological and hydraulic software. In addition, the company engages in the provision of various services for climate change that include Co2 strategic consulting and emissions trading, mitigation plans and projects, adaptation strategies, and brokerage and trading. Inclam, S.A. was founded in 1986 and is headquartered in Madrid, Spain.

Details
Name: Inclam, S.A.
INC
Exchange: BME
Founded: 1986
€49,937,510
29,375,006
Website: http://www.inclam.com
Address: Inclam, S.A.
Samaria, 4,
Madrid,
Madrid, 28009,
Spain
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BME INC Share Capital Bolsas y Mercados Espanoles ES EUR 29. Jul 2015
Number of employees
Current staff
Staff numbers
155
Inclam employees.
Industry
Environmental and Facilities Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/23 00:44
End of day share price update: 2019/05/22 00:00
Last earnings filing: 2018/10/29
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.