BME:INC

Stock Analysis Report

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Executive Summary

Inclam, S.A. engages in the water engineering and environment business in Spain and internationally. More Details


Snowflake Analysis

Mediocre balance sheet with questionable track record.

Share Price & News

How has Inclam's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: INC has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

INC

-3.7%

ES Commercial Services

-3.8%

ES Market


1 Year Return

-3.5%

INC

-16.6%

ES Commercial Services

-24.9%

ES Market

Return vs Industry: INC exceeded the Spanish Commercial Services industry which returned -15.1% over the past year.

Return vs Market: INC exceeded the Spanish Market which returned -23.7% over the past year.


Shareholder returns

INCIndustryMarket
7 Day0%-3.7%-3.8%
30 Day0%-0.5%0.04%
90 Day0%-2.6%-5.3%
1 Year-3.5%-3.5%-14.5%-16.6%-22.6%-24.9%
3 Year-23.7%-23.7%-21.5%-28.6%-25.1%-31.6%
5 Year-3.3%-3.5%2.8%-13.5%-19.6%-31.8%

Price Volatility Vs. Market

How volatile is Inclam's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Inclam undervalued compared to its fair value and its price relative to the market?

41.47x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate INC's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate INC's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: INC is poor value based on its PE Ratio (41.5x) compared to the XE Commercial Services industry average (17.1x).

PE vs Market: INC is poor value based on its PE Ratio (41.5x) compared to the Spanish market (18.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate INC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: INC is overvalued based on its PB Ratio (4.2x) compared to the XE Commercial Services industry average (1.6x).


Next Steps

Future Growth

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

27.7%

Forecasted Commercial Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Inclam has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Inclam performed over the past 5 years?

19.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: INC has a high level of non-cash earnings.

Growing Profit Margin: INC's current net profit margins (3.5%) are higher than last year (2.5%).


Past Earnings Growth Analysis

Earnings Trend: INC's earnings have grown by 19.3% per year over the past 5 years.

Accelerating Growth: INC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: INC had negative earnings growth (-39.8%) over the past year, making it difficult to compare to the Commercial Services industry average (-2.9%).


Return on Equity

High ROE: INC's Return on Equity (8.8%) is considered low.


Next Steps

Financial Health

How is Inclam's financial position?


Financial Position Analysis

Short Term Liabilities: INC's short term assets (€35.2M) exceed its short term liabilities (€29.6M).

Long Term Liabilities: INC's short term assets (€35.2M) exceed its long term liabilities (€5.7M).


Debt to Equity History and Analysis

Debt Level: INC's debt to equity ratio (105.8%) is considered high.

Reducing Debt: INC's debt to equity ratio has reduced from 178.4% to 105.8% over the past 5 years.

Debt Coverage: INC's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: INC's interest payments on its debt are not well covered by EBIT (2x coverage).


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate INC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate INC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if INC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if INC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of INC's dividend in 3 years as they are not forecast to pay a notable one for the Spanish market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Inclam has no CEO, or we have no data on them.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Inclam, S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Inclam, S.A.
  • Ticker: INC
  • Exchange: BME
  • Founded: 1986
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Market Cap: €47.963m
  • Shares outstanding: 29.25m
  • Website: https://www.inclam.com

Number of Employees


Location

  • Inclam, S.A.
  • Limonero, 22
  • Madrid
  • Madrid
  • 28020
  • Spain

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
INCBME (Bolsas y Mercados Espanoles)YesShare CapitalESEURJul 2015

Biography

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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/27 22:06
End of Day Share Price2020/10/27 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.