Executive Summary
Industria de Diseño Textil, S.A. engages in the retail and online distribution of clothing, footwear, accessories, and household textile products through various commercial concepts.
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with solid track record and pays a dividend.
Similar Companies
Share Price & News
How has Industria de Diseño Textil's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ITX has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
1.8%
ITX
0.4%
ES Specialty Retail
1.5%
ES Market
1 Year Return
25.9%
ITX
23.9%
ES Specialty Retail
9.8%
ES Market
Return vs Industry: ITX exceeded the Spanish Specialty Retail industry which returned 22.8% over the past year.
Return vs Market: ITX exceeded the Spanish Market which returned 9.4% over the past year.
Shareholder returns
| ITX | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.8% | 0.4% | 1.5% |
| 30 Day | 2.9% | 2.6% | 3.9% |
| 90 Day | 16.4% | 12.4% | 8.7% |
| 1 Year | 29.2%25.9% | 27.8%23.9% | 13.6%9.8% |
| 3 Year | 11.6%4.4% | 6.3%-6.4% | 19.0%7.7% |
| 5 Year | 26.5%14.9% | 8.2%-9.7% | 12.5%-6.2% |
Price Volatility Vs. Market
How volatile is Industria de Diseño Textil's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
What Makes Industria de Diseño Textil, S.A. (BME:ITX) A Great Dividend Stock?1 week ago | Simply Wall St
Should We Worry About Industria de Diseño Textil, S.A.'s (BME:ITX) P/E Ratio?3 weeks ago | Simply Wall St
Estimating The Fair Value Of Industria de Diseño Textil, S.A. (BME:ITX)Valuation
Is Industria de Diseño Textil undervalued compared to its fair value and its price relative to the market?
26.81x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ITX (€32.08) is trading above our estimate of fair value (€29.02)
Significantly Below Fair Value: ITX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ITX is poor value based on its PE Ratio (26.8x) compared to the Specialty Retail industry average (15.2x).
PE vs Market: ITX is poor value based on its PE Ratio (26.8x) compared to the Spanish market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: ITX is poor value based on its PEG Ratio (3.4x)
Price to Book Ratio
PB vs Industry: ITX is overvalued based on its PB Ratio (7.2x) compared to the XE Specialty Retail industry average (1.4x).
Next Steps
Future Growth
How is Industria de Diseño Textil forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?
7.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ITX's forecast earnings growth (7.9% per year) is above the savings rate (0.4%).
Earnings vs Market: ITX's earnings (7.9% per year) are forecast to grow slower than the Spanish market (10.2% per year).
High Growth Earnings: ITX's earnings are forecast to grow, but not significantly.
Revenue vs Market: ITX's revenue (5.9% per year) is forecast to grow faster than the Spanish market (4.7% per year).
High Growth Revenue: ITX's revenue (5.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ITX's Return on Equity is forecast to be high in 3 years time (26.5%)
Next Steps
Past Performance
How has Industria de Diseño Textil performed over the past 5 years?
7.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ITX has a high level of non-cash earnings.
Growing Profit Margin: ITX's current net profit margins (13.5%) are higher than last year (13.4%).
Past Earnings Growth Analysis
Earnings Trend: ITX's earnings have grown by 7.5% per year over the past 5 years.
Accelerating Growth: ITX's earnings growth over the past year (7.5%) exceeds its 5-year average (7.5% per year).
Earnings vs Industry: ITX earnings growth over the past year (7.5%) exceeded the Specialty Retail industry 3.2%.
Return on Equity
High ROE: ITX's Return on Equity (26.7%) is considered high.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Industria de Diseño Textil's financial position?
Financial Position Analysis
Short Term Liabilities: ITX's short term assets (€12.4B) exceed its short term liabilities (€9.3B).
Long Term Liabilities: ITX's short term assets (€12.4B) exceed its long term liabilities (€6.0B).
Debt to Equity History and Analysis
Debt Level: ITX's debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: ITX's debt to equity ratio has increased from 0.09% to 0.4% over the past 5 years.
Debt Coverage: ITX's debt is well covered by operating cash flow (9459.6%).
Interest Coverage: ITX's interest payments on its debt are well covered by EBIT (50.4x coverage).
Balance Sheet
Inventory Level: ITX has a high level of physical assets or inventory.
Debt Coverage by Assets: ITX's debt is covered by short term assets (assets are 218.1x debt).
Next Steps
Dividend
What is Industria de Diseño Textil's current dividend yield, its reliability and sustainability?
2.74%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: ITX's dividend (2.74%) is higher than the bottom 25% of dividend payers in the Spanish market (2.24%).
High Dividend: ITX's dividend (2.74%) is low compared to the top 25% of dividend payers in the Spanish market (5.29%).
Stability and Growth of Payments
Stable Dividend: ITX's dividends per share have been stable in the past 10 years.
Growing Dividend: ITX's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (55.2%), ITX's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ITX's dividends in 3 years are forecast to be covered by earnings (89.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.6yrs
Average management tenure
CEO
Carlos Crespo González (48yo)
0.6yrs
Tenure
Mr. Carlos Crespo González serves as Chief Executive Officer and Director of Industria de Diseño Textil, S.A since 16 July 2019. He served as Chief Operating Officer at Industria de Diseño Textil, S.A. and ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 8.6yrs | €9.49m | 0.063% €63.3m | |
| CEO & Director | 0.6yrs | no data | 0.00084% €839.3k | |
| Chief Financial Officer | 10.8yrs | no data | no data | |
| General Counsel & Secretary | 0yrs | no data | no data | |
| Chief Communication Officer | 0yrs | no data | no data | |
| Chief Human Resources Officer | 0yrs | no data | no data | |
| Chief Information Technology Officer | 0yrs | no data | no data | |
| Chief Logistics Officer | 0yrs | no data | no data | |
| Chief Sustainability Officer | 0yrs | no data | no data | |
| Head of Financial Management | 0yrs | no data | no data |
0.6yrs
Average Tenure
57yo
Average Age
Experienced Management: ITX's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 8.6yrs | €9.49m | 0.063% €63.3m | |
| CEO & Director | 0.6yrs | no data | 0.00084% €839.3k | |
| Lead Independent Director | 4.1yrs | €300.00k | no data | |
| Non-Executive Proprietary Director | 34.7yrs | €100.00k | no data | |
| Representative Proprietary Director | 4.2yrs | €100.00k | no data | |
| Non-Executive Independent Director | 9.6yrs | €300.00k | no data | |
| Deputy Chairman | 7.6yrs | €330.00k | 0.00096% €959.2k | |
| Non-Executive Independent Director | 4.6yrs | €300.00k | 0.00010% €99.9k | |
| Member of Social Advisory Board | 0yrs | no data | no data | |
| Member of Social Advisory Board | 0yrs | no data | no data |
6.1yrs
Average Tenure
63yo
Average Age
Experienced Board: ITX's board of directors are considered experienced (6.1 years average tenure).
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Industria de Diseño Textil, S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Industria de Diseño Textil, S.A.
- Ticker: ITX
- Exchange: BME
- Founded: 1963
- Industry: Apparel Retail
- Sector: Retail
- Market Cap: €99.914b
- Shares outstanding: 3.11b
- Website: https://www.inditex.com
Number of Employees
Location
- Industria de Diseño Textil, S.A.
- Edificio Inditex
- Avenida de la Diputación s/n
- A Coruña
- Galicia
- 15143
- Spain
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| IDEX.F | OTCPK (Pink Sheets LLC) | Yes | Registered Shares | US | USD | May 2001 |
| ITX | BME (Bolsas y Mercados Espanoles) | Yes | Registered Shares | ES | EUR | May 2001 |
| 0QWI | LSE (London Stock Exchange) | Yes | Registered Shares | GB | EUR | May 2001 |
| IXD | XTRA (XETRA Trading Platform) | Yes | Registered Shares | DE | EUR | May 2001 |
| IXD1 | DB (Deutsche Boerse AG) | Yes | Registered Shares | DE | EUR | May 2001 |
| ITXE | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Registered Shares | GB | EUR | May 2001 |
| ITX | WBAG (Wiener Boerse AG) | Yes | Registered Shares | AT | EUR | May 2001 |
| ITX N | BMV (Bolsa Mexicana de Valores) | Yes | Registered Shares | MX | MXN | May 2001 |
| ITX | BIT (Borsa Italiana) | Yes | Registered Shares | IT | EUR | May 2001 |
| IDEX.Y | OTCPK (Pink Sheets LLC) | UNSPONSORD ADR | US | USD | Jan 2009 |
Biography
Industria de Diseño Textil, S.A. engages in the retail and online distribution of clothing, footwear, accessories, and household textile products through various commercial concepts. Its retail concepts include Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, and Uterqüe. The company operates 7,490 physical stores in 96 markets; and online stores in 156 markets. It is also involved in textile manufacturing, design, financial services, real estate, logistic, insurance, and combined heat and power plant, and construction businesses. The company operates in Spain, rest of Europe, the Americas, Asia, and internationally. Industria de Diseño Textil, S.A. was founded in 1963 and is based in A Coruña, Spain.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/19 21:04 |
| End of Day Share Price | 2020/02/19 00:00 |
| Earnings | 2019/10/31 |
| Annual Earnings | 2019/01/31 |
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.