Executive Summary
Indra Sistemas, S.A. operates as a technology and consulting company worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with proven track record.
Similar Companies
Share Price & News
How has Indra Sistemas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IDR's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
5.3%
IDR
6.1%
ES IT
1.1%
ES Market
1 Year Return
26.7%
IDR
20.3%
ES IT
7.6%
ES Market
Return vs Industry: IDR exceeded the Spanish IT industry which returned 21.5% over the past year.
Return vs Market: IDR exceeded the Spanish Market which returned 8.5% over the past year.
Shareholder returns
| IDR | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.3% | 6.1% | 1.1% |
| 30 Day | 10.7% | 8.9% | 0.3% |
| 90 Day | 32.7% | 18.9% | 3.5% |
| 1 Year | 26.7%26.7% | 21.8%20.3% | 11.5%7.6% |
| 3 Year | 6.8%6.8% | 80.9%73.0% | 15.8%4.7% |
| 5 Year | 42.3%42.3% | 149.6%121.5% | 11.0%-7.6% |
Price Volatility Vs. Market
How volatile is Indra Sistemas's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
How Many Indra Sistemas, S.A. (BME:IDR) Shares Do Institutions Own?2 weeks ago | Simply Wall St
What Does Indra Sistemas, S.A.’s (BME:IDR) 8.5% ROCE Say About The Business?4 weeks ago | Simply Wall St
How Much is Indra Sistemas, S.A.'s (BME:IDR) CEO Getting Paid?Valuation
Is Indra Sistemas undervalued compared to its fair value and its price relative to the market?
41.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: IDR (€10.82) is trading below our estimate of fair value (€19.01)
Significantly Below Fair Value: IDR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: IDR is good value based on its PE Ratio (14.7x) compared to the IT industry average (21.1x).
PE vs Market: IDR is good value based on its PE Ratio (14.7x) compared to the Spanish market (17x).
Price to Earnings Growth Ratio
PEG Ratio: IDR is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: IDR is good value based on its PB Ratio (2.8x) compared to the ES IT industry average (2.8x).
Next Steps
Future Growth
How is Indra Sistemas forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
11.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IDR's forecast earnings growth (12.1% per year) is above the savings rate (0.4%).
Earnings vs Market: IDR's earnings (12.1% per year) are forecast to grow faster than the Spanish market (9% per year).
High Growth Earnings: IDR's earnings are forecast to grow, but not significantly.
Revenue vs Market: IDR's revenue (3.2% per year) is forecast to grow slower than the Spanish market (3.4% per year).
High Growth Revenue: IDR's revenue (3.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IDR's Return on Equity is forecast to be low in 3 years time (17.6%).
Next Steps
Past Performance
How has Indra Sistemas performed over the past 5 years?
54.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IDR has high quality earnings.
Growing Profit Margin: IDR's current net profit margins (3.9%) are higher than last year (3.1%).
Past Earnings Growth Analysis
Earnings Trend: IDR has become profitable over the past 5 years, growing earnings by 54% per year.
Accelerating Growth: IDR's earnings growth over the past year (33.9%) is below its 5-year average (54% per year).
Earnings vs Industry: IDR earnings growth over the past year (33.9%) exceeded the IT industry 3%.
Return on Equity
High ROE: IDR's Return on Equity (18.1%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Indra Sistemas's financial position?
Financial Position Analysis
Short Term Liabilities: IDR's short term assets (€2.4B) exceed its short term liabilities (€1.7B).
Long Term Liabilities: IDR's short term assets (€2.4B) exceed its long term liabilities (€1.7B).
Debt to Equity History and Analysis
Debt Level: IDR's debt to equity ratio (180.9%) is considered high.
Reducing Debt: IDR's debt to equity ratio has increased from 87.8% to 180.9% over the past 5 years.
Debt Coverage: IDR's debt is not well covered by operating cash flow (7%).
Interest Coverage: IDR's interest payments on its debt are well covered by EBIT (7.9x coverage).
Balance Sheet
Inventory Level: IDR has a low level of unsold assets or inventory.
Debt Coverage by Assets: IDR's debt is covered by short term assets (assets are 1.8x debt).
Next Steps
Dividend
What is Indra Sistemas's current dividend yield, its reliability and sustainability?
2.98%
Forecast Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate IDR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate IDR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if IDR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IDR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: IDR is not paying a notable dividend for the Spanish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of IDR's dividend in 3 years as they are not forecast to pay a notable one for the Spanish market.
Next Steps
Management
What is the CEO of Indra Sistemas's salary, the management and board of directors tenure and is there insider trading?
5.0yrs
Average management tenure
CEO
Fernando Abril-Martorell Hernández (57yo)
5yrs
Tenure
€2,127,000
Compensation
Mr. Fernando Abril-Martorell Hernández served as the Chief Executive Officer of Indra Sistemas, S.A. Mr. Abril-Martorell Hernández served as Senior Adviser of Credit Suisse Group AG since March 2011. Mr. ...
CEO Compensation Analysis
Compensation vs Market: Fernando's total compensation ($USD2.37M) is above average for companies of similar size in the Spanish market ($USD1.19M).
Compensation vs Earnings: Fernando's compensation has been consistent with company performance over the past year.
Management Age and Tenure
5.0yrs
Average Tenure
57yo
Average Age
Experienced Management: IDR's management team is seasoned and experienced (5 years average tenure).
Board Age and Tenure
2.1yrs
Average Tenure
64yo
Average Age
Experienced Board: IDR's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: IDR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Shares | 1,131 |
| Max Price | €9.18 |
| Entity | Individual |
| Shares | 1,061 |
| Max Price | €9.18 |
| Entity | Individual |
| Shares | 1,478 |
| Max Price | €9.18 |
| Entity | Individual |
| Shares | 912 |
| Max Price | €9.18 |
| Entity | Individual |
| Shares | 919 |
| Max Price | €9.18 |
| Entity | Individual |
| Shares | 1,442 |
| Max Price | €9.18 |
| Entity | Individual |
| Role | Member of the Board of Directors Senior VP of IT & Executive Director |
| Shares | 707 |
| Max Price | €9.18 |
| Entity | Individual |
| Role | Member of the Board of Directors Senior VP of Transport & Defence Business and Executive Director |
| Shares | 706 |
| Max Price | €9.18 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman & CEO |
| Shares | 1,372 |
| Max Price | €9.18 |
| Entity | Individual |
| Shares | 1,054 |
| Max Price | €9.18 |
| Entity | Individual |
| Role | Vice Chairman Vice Chairman & Lead Independent Director |
| Shares | 1,238 |
| Max Price | €9.18 |
| Entity | Individual |
| Shares | 1,054 |
| Max Price | €9.18 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 1,266 |
| Max Price | €9.18 |
| Entity | Individual |
| Role | Member of the Board of Directors Senior VP of Transport & Defence Business and Executive Director |
| Shares | 10,000 |
| Max Price | €7.25 |
| Entity | Individual |
| Role | Member of the Board of Directors Senior VP of Transport & Defence Business and Executive Director |
| Shares | 20,000 |
| Max Price | €7.70 |
| Entity | Individual |
| Shares | 1,446 |
| Max Price | €8.41 |
| Entity | Individual |
| Role | Vice Chairman Vice Chairman & Lead Independent Director |
| Shares | 1,349 |
| Max Price | €8.41 |
| Entity | Individual |
| Shares | 1,149 |
| Max Price | €8.41 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 1,510 |
| Max Price | €8.41 |
| Entity | Individual |
| Role | Member of the Board of Directors Senior VP of IT & Executive Director |
| Shares | 771 |
| Max Price | €8.41 |
| Entity | Individual |
| Shares | 1,156 |
| Max Price | €8.41 |
| Entity | Individual |
| Role | Member of the Board of Directors Senior VP of Transport & Defence Business and Executive Director |
| Shares | 771 |
| Max Price | €8.41 |
| Entity | Individual |
| Shares | 377 |
| Max Price | €8.41 |
| Entity | Individual |
| Shares | 1,613 |
| Max Price | €8.41 |
| Entity | Individual |
| Shares | 995 |
| Max Price | €8.41 |
| Entity | Individual |
| Shares | 1,002 |
| Max Price | €8.41 |
| Entity | Individual |
| Shares | 1,234 |
| Max Price | €8.41 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman & CEO |
| Shares | 1,497 |
| Max Price | €8.41 |
| Entity | Individual |
| Shares | 553 |
| Max Price | €10.07 |
| Entity | Individual |
| Shares | 639 |
| Max Price | €10.07 |
| Entity | Individual |
| Role | Member of the Board of Directors Senior VP of IT & Executive Director |
| Shares | 429 |
| Max Price | €10.07 |
| Entity | Individual |
| Shares | 645 |
| Max Price | €10.07 |
| Entity | Individual |
| Role | Member of the Board of Directors Senior VP of Transport & Defence Business and Executive Director |
| Shares | 430 |
| Max Price | €10.07 |
| Entity | Individual |
| Shares | 896 |
| Max Price | €10.07 |
| Entity | Individual |
| Role | Vice Chairman Vice Chairman & Lead Independent Director |
| Shares | 752 |
| Max Price | €10.07 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 874 |
| Max Price | €10.07 |
| Entity | Individual |
| Shares | 767 |
| Max Price | €10.07 |
| Entity | Individual |
| Shares | 559 |
| Max Price | €10.07 |
| Entity | Individual |
| Shares | 767 |
| Max Price | €10.07 |
| Entity | Individual |
| Shares | 688 |
| Max Price | €10.07 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman & CEO |
| Shares | 832 |
| Max Price | €10.07 |
| Entity | Individual |
| Role | Member of the Board of Directors Senior VP of IT & Executive Director |
| Shares | 3,788 |
| Max Price | €9.87 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman & CEO |
| Shares | 14,037 |
| Max Price | €9.87 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman & CEO |
| Shares | 1,702 |
| Max Price | €9.87 |
| Entity | Individual |
| Shares | 349 |
| Max Price | €9.87 |
| Entity | Individual |
| Shares | 321 |
| Max Price | €9.87 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 1,791 |
| Max Price | €9.87 |
| Entity | Individual |
| Role | Member of the Board of Directors Senior VP of IT & Executive Director |
| Shares | 876 |
| Max Price | €9.87 |
| Entity | Individual |
| Shares | 1,314 |
| Max Price | €9.87 |
| Entity | Individual |
| Shares | 1,834 |
| Max Price | €9.87 |
| Entity | Individual |
| Shares | 1,139 |
| Max Price | €9.87 |
| Entity | Individual |
| Role | Member of the Board of Directors Senior VP of Transport & Defence Business and Executive Director |
| Shares | 876 |
| Max Price | €9.87 |
| Entity | Individual |
| Role | Vice Chairman Vice Chairman & Lead Independent Director |
| Shares | 1,534 |
| Max Price | €9.87 |
| Entity | Individual |
| Shares | 1,132 |
| Max Price | €9.87 |
| Entity | Individual |
| Shares | 1,572 |
| Max Price | €9.87 |
| Entity | Individual |
| Shares | 1,571 |
| Max Price | €9.87 |
| Entity | Individual |
| Role | Member of the Board of Directors Senior VP of IT & Executive Director |
| Shares | 2,912 |
| Max Price | €9.70 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman & CEO |
| Shares | 12,335 |
| Max Price | €9.70 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Antonio Mora Morando
Head of Control
- Tenure: 5yrs
Fernando Abril-Martorell Hernández (57yo)
Chairman & CEO
- Tenure: 5yrs
- Compensation: €2.13m
Rafael Gallego Carbonell (65yo)
Head of Air Traffic Control Europe
- Tenure: 15yrs
Carlos González Soria (53yo)
SVP of Legal Affairs
Ignacio Mataix Entero (57yo)
Senior VP of Transport & Defence Business and Executive Director
- Tenure: 2yrs
Javier Lázaro Rodríguez
Chief Financial Officer
- Tenure: 4.2yrs
Ezequiel Nieto Baquera
Head of Investor Relations
José Cabello Chacón
Head of Human Resources
Cristina Ruíz Ortega (49yo)
Senior VP of IT & Executive Director
- Tenure: 2.1yrs
- Compensation: €1.48m
Luis Abril Mazuelas
Head of Energy
Board Members
Alberto Miguel Terol Esteban (64yo)
Vice Chairman & Lead Independent Director
- Tenure: 2yrs
- Compensation: €140.00k
Fernando Abril-Martorell Hernández (57yo)
Chairman & CEO
- Tenure: 5yrs
- Compensation: €2.13m
Fernando Fernandez-Tapias (80yo)
Member of the Advisory Board
Julian García Vargas (74yo)
Member of the Advisory Board
Sergio Ángel Serrano Sánchez (70yo)
Member of the Advisory Board
Ignacio Mataix Entero (57yo)
Senior VP of Transport & Defence Business and Executive Director
- Tenure: 2yrs
Santiago de Torres
Member of the Advisory Board
Emilio Saracho Rodríguez de Torres (64yo)
Member of the Advisory Board
Ignacio Santillana del Barrio (71yo)
Independent Director
- Tenure: 8.6yrs
- Compensation: €164.00k
Cristina Ruíz Ortega (49yo)
Senior VP of IT & Executive Director
- Tenure: 2.1yrs
- Compensation: €1.48m
Company Information
Indra Sistemas, S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Indra Sistemas, S.A.
- Ticker: IDR
- Exchange: BME
- Founded: 1921
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: €1.968b
- Shares outstanding: 176.31m
- Website: https://www.indracompany.com
Number of Employees
Location
- Indra Sistemas, S.A.
- Avenida de Bruselas, 35
- Alcobendas
- Madrid
- 28108
- Spain
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ISMA.F | OTCPK (Pink Sheets LLC) | Yes | Series A Ordinary Shares | US | USD | Jan 1992 |
| IDR | BME (Bolsas y Mercados Espanoles) | Yes | Series A Ordinary Shares | ES | EUR | Jan 1992 |
| IDA | DB (Deutsche Boerse AG) | Yes | Series A Ordinary Shares | DE | EUR | Jan 1992 |
| 0HA9 | LSE (London Stock Exchange) | Yes | Series A Ordinary Shares | GB | EUR | Jan 1992 |
| IDRE | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Series A Ordinary Shares | GB | EUR | Jan 1992 |
| IDR | WBAG (Wiener Boerse AG) | Yes | Series A Ordinary Shares | AT | EUR | Jan 1992 |
| ISMA.Y | OTCPK (Pink Sheets LLC) | ADR | US | USD | Oct 2008 |
Biography
Indra Sistemas, S.A. operates as a technology and consulting company worldwide. The company designs, develops, produces, integrates, and maintains systems, solutions, and services based on the use of information technologies, electronics, and communication; and for surveillance and security control of facilities. It also researches, engineers, designs, manufactures, develops, markets, installs, maintains, and repairs devices, equipment, and systems for data communication, encryption systems, encryption, beacon, and command and control center; manages, executes, commercializes, and sells system engineering services for the defense industry; and provides engineering and maintenance services for air defense systems and other related systems, as well as architectural and engineering technical services. In addition, the company offers systems to aid navigation and landing, and air traffic control systems; manages and outsources business processes; delivers document management services and mortgage management; realizes measures for the settlement and registration; and manages digitalization and data capture. Further, it provides business consulting, technology and solutions consulting, administration, management, support, advisory, telecommunications, mobile telephony, credit card processing, and transport and energy distribution network manufacture services; engineering, construction, water, industry, and civilian engineering and consulting services; and digital agency, Web communication and marketing, securities, computer programing, aerodrome air traffic, radio communication security, port infrastructure, airline training and coaching, and project services. Additionally, the company researches and develops autonomous air systems and solutions in unmanned systems; and develops and produces aircraft, tactical telecommunication systems, and toll and traffic control and management systems. Indra Sistemas, S.A. was founded in 1921 and is headquartered in Alcobendas, Spain.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/20 20:46 |
| End of Day Share Price | 2020/01/20 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.