BME:ITX

Stock Analysis Report

Industria de Diseño Textil

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.

Snowflake

Fundamentals

Excellent balance sheet with proven 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


Market Performance


7 Day Return

1.2%

ITX

2.6%

ES Specialty Retail

2.0%

ES Market


1 Year Return

16.0%

ITX

14.6%

ES Specialty Retail

4.8%

ES Market

Return vs Industry: ITX exceeded the Spanish Specialty Retail industry which returned 14.6% over the past year.

Return vs Market: ITX exceeded the Spanish Market which returned 4.8% over the past year.


Shareholder returns

ITXIndustryMarket
7 Day1.2%2.6%2.0%
30 Day7.1%6.2%2.7%
90 Day3.9%6.4%0.5%
1 Year19.0%16.0%18.4%14.6%8.3%4.8%
3 Year-7.8%-13.3%-6.6%-17.0%14.2%3.7%
5 Year47.0%34.1%20.8%1.2%8.9%-11.5%

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

Valuation

Is Industria de Diseño Textil undervalued compared to its fair value and its price relative to the market?

24.8x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: ITX (€28.54) is trading above our estimate of fair value (€22.76)

Significantly Undervalued: 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 (24.8x) compared to the Specialty Retail industry average (13.4x).

PE vs Market: ITX is poor value based on its PE Ratio (24.8x) compared to the Spanish market (16.6x).


Price to Earnings Growth Ratio

Low PEG Ratio: ITX is poor value based on its PEG Ratio (3.9x)


Price to Book Ratio

PB vs Industry: ITX is overvalued based on its PB Ratio (6.9x) compared to the XE Specialty Retail industry average (1.3x).


Next Steps

Future Growth

How is Industria de Diseño Textil forecast to perform in the next 1 to 3 years based on estimates from 24 analysts?

6.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ITX's forecast earnings growth (6.3% per year) is above the savings rate (1.5%).

Earnings vs Market: ITX's earnings (6.3% per year) are forecast to grow slower than the Spanish market (7.6% per year).

High Growth Earnings: ITX's earnings are forecast to grow, but not significantly.

Revenue vs Market: ITX's revenue (5.7% per year) is forecast to grow faster than the Spanish market (3.6% per year).

High Growth Revenue: ITX's revenue (5.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: ITX's Return on Equity is forecast to be high in 3 years time (27.1%)


Next Steps

Past Performance

How has Industria de Diseño Textil performed over the past 5 years?

7.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: ITX's earnings have grown by 7.9% per year over the past 5 years.

Accelerating Growth: ITX's earnings growth over the past year (5.1%) is below its 5-year average (7.9% per year).

Earnings vs Industry: ITX earnings growth over the past year (5.1%) exceeded the Specialty Retail industry -0.7%.


Return on Equity

High ROE: ITX's Return on Equity (27.9%) is considered high.


Return on Assets

ROA vs Industry: ITX has a higher Return on Assets than the Specialty Retail industry average last year.


Return on Capital Employed

ROCE Improving: ITX's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Industria de Diseño Textil's financial position?


Financial Position Analysis

Short Term Liabilities: ITX's short term assets (€10.6B) exceeds its short term liabilities (€8.3B)

Long Term Liabilities: ITX's short term assets (10.6B) exceeds its long term liabilities (6.0B)


Debt to Equity History and Analysis

Debt Level: ITX's debt to equity ratio (0.6%) is considered satisfactory

Reducing Debt: ITX's debt to equity ratio has increased from 0.07% to 0.6% over the past 5 years.

Debt Coverage: ITX's debt is well covered by operating cash flow (6740%).

Interest Coverage: ITX's interest payments on its debt are well covered by EBIT (71.8x 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 132.425000x debt).


Next Steps

Dividend

What is Industria de Diseño Textil's current dividend yield, its reliability and sustainability?

3.08%

Current Dividend Yield


Upcoming Dividend Payment

Purchase Industria de Diseño Textil before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield vs Market

company3.1%marketbottom25%2.3%markettop25%5.7%industryaverage3.3%forecastin3Years4.1%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: ITX's dividend (3.08%) is higher than the bottom 25% of dividend payers in the Spanish market (2.31%).

High Dividend: ITX's dividend (3.08%) is low compared to the top 25% of dividend payers in the Spanish market (5.68%).

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 (57.3%), ITX's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ITX's dividends in 3 years are not forecast to be well covered by earnings (90.2% payout ratio).


Next Steps

Management

What is the CEO of Industria de Diseño Textil's salary, the management and board of directors tenure and is there insider trading?

0.3yrs

Average management tenure


CEO

Carlos Crespo González (48yo)

0.3yrs

Tenure

0

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 ...


Management Age and Tenure

0.3yrs

Average Tenure

57yo

Average Age

Experienced Management: ITX's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Age and Tenure

5.8yrs

Average Tenure

63yo

Average Age

Experienced Board: ITX's board of directors are considered experienced (5.8 years average tenure).


Insider Trading

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


Recent Insider Transactions

Buy€1,028,19708 Apr 19
Pablo Isla Álvarez de Tejera
EntityIndividual
Role
Chairman of the Board
Executive Chairman
Shares38,596
Max Price€26.64

Ownership Breakdown


Management Team

  • Ignacio Izuzquiza Fernández

    Chief Financial Officer

    • Tenure: 10.4yrs
  • Pablo Isla Álvarez de Tejera (55yo)

    Executive Chairman

    • Tenure: 8.3yrs
    • Compensation: €9.49m
  • Antonio Abril Abadín (62yo)

    General Counsel & Secretary

    • Tenure: 0yrs
  • Gabriel Moneo Marina (59yo)

    Chief Information Technology Officer

    • Tenure: 0yrs
  • Jesús Echevarría Hernández (57yo)

    Chief Communication Officer

    • Tenure: 0yrs
  • Lorena Alba Castro

    Chief Logistics Officer

    • Tenure: 0yrs
  • Carlos Crespo González (48yo)

    CEO & Director

    • Tenure: 0.3yrs
  • Begoña López-Cano Ibarreche

    Chief Human Resources Officer

    • Tenure: 0yrs
  • Felix Poza Peña

    Chief Sustainability Officer

    • Tenure: 0yrs
  • José Manuel Romay de la Colina

    Head of Financial Management

    • Tenure: 0yrs

Board Members

  • Rodrigo Echenique Gordillo (73yo)

    Lead Independent Director

    • Tenure: 3.8yrs
    • Compensation: €300.00k
  • Pablo Isla Álvarez de Tejera (55yo)

    Executive Chairman

    • Tenure: 8.3yrs
    • Compensation: €9.49m
  • Amancio Ortega Gaona (83yo)

    Non-Executive Proprietary Director

    • Tenure: 34.3yrs
    • Compensation: €100.00k
  • Flora Pérez Marcote

    Representative Proprietary Director

    • Tenure: 3.8yrs
    • Compensation: €100.00k
  • Emilio Saracho Rodríguez de Torres (64yo)

    Non-Executive Independent Director

    • Tenure: 9.3yrs
    • Compensation: €300.00k
  • Carlos Crespo González (48yo)

    CEO & Director

    • Tenure: 0.3yrs
  • José Arnau Sierra (63yo)

    Deputy Chairman

    • Tenure: 7.3yrs
    • Compensation: €330.00k
  • José Luis Durán Schulz (55yo)

    Non-Executive Independent Director

    • Tenure: 4.3yrs
    • Compensation: €300.00k
  • Alfred Vernis Domenech

    Member of Social Advisory Board

    • Tenure: 0yrs
  • Cecilia Plañiol Lacalle

    Member of Social Advisory Board

    • Tenure: 0yrs

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: €88.889b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IDEX.FOTCPK (Pink Sheets LLC)YesRegistered SharesUSUSDMay 2001
ITXBME (Bolsas y Mercados Espanoles)YesRegistered SharesESEURMay 2001
0QWILSE (London Stock Exchange)YesRegistered SharesGBEURMay 2001
IXD1DB (Deutsche Boerse AG)YesRegistered SharesDEEURMay 2001
ITXEBATS-CHIXE (BATS 'Chi-X Europe')YesRegistered SharesGBEURMay 2001
ITXWBAG (Wiener Boerse AG)YesRegistered SharesATEURMay 2001
ITX NBMV (Bolsa Mexicana de Valores)YesRegistered SharesMXMXNMay 2001
ITXBIT (Borsa Italiana)YesRegistered SharesITEURMay 2001
IDEX.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDJan 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 in ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 20:41
End of Day Share Price2019/10/17 00:00
Earnings2019/07/31
Annual Earnings2019/01/31


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.