IG Stock Overview

Engages in construction business in Croatia. More details

IG fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	1/6
Past Performance	6/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 43.2% below our estimate of its fair value

Revenue is forecast to grow 7.49% per year

Earnings grew by 45.2% over the past year

Risk Analysis

Shares are highly illiquid

Community vs My Fair Value

Create Narrative

Select a narrative for quick price alerts from the community, or create your own.

My Notes

Capture your thoughts, links and company narrative

ING-GRAD d.d. Competitors

INGRA d.d

ZGSE:INGR

€22.5m

Institut IGH d.d

ZGSE:IGH

€26.4m

Dalekovod d.d

ZGSE:DLKV

€165.0m

Brodogradiliste Viktor Lenac d.d

ZGSE:VLEN

€55.3m

Price History & Performance

Summary of share price highs, lows and changes for ING-GRAD d.d
Historical stock prices
Current Share Price	€48.60
52 Week High	€50.60
52 Week Low	€48.30
Beta	0
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	5.65%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	IG	HR Construction	HR Market
7D	n/a	0.5%	1.1%
1Y	n/a	9.9%	20.5%

Return vs Industry: Insufficient data to determine how IG performed against the HR Construction industry.

Return vs Market: Insufficient data to determine how IG performed against the HR Market.

Price Volatility

Is IG's price volatile compared to industry and market?
IG volatility
IG Average Weekly Movement	n/a
Construction Industry Average Movement	5.0%
Market Average Movement	4.2%
10% most volatile stocks in HR Market	8.5%
10% least volatile stocks in HR Market	2.9%

Stable Share Price: IG's share price has been volatile over the past 3 months compared to the HR market.

Volatility Over Time: Insufficient data to determine IG's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1985	221	Branislav Brizar	www.ing-grad.hr

ING-GRAD d.d. engages in construction business in Croatia. It constructs office buildings, stores and shopping centres, residential and commercial buildings, production facilities, museums, public buildings, hotels, petrol stations, energy and infrastructure projects, historical buildings, castles, palaces, forts, sacred architectures, bridges, and memorial places. The company was founded in 1985 and is based in Zagreb, Croatia.

ING-GRAD d.d. Fundamentals Summary

How do ING-GRAD d.d's earnings and revenue compare to its market cap?
IG fundamental statistics
Market cap	€191.74m
Earnings (TTM)	€16.71m
Revenue (TTM)	€120.90m

11.5x

P/E Ratio

1.6x

P/S Ratio

Is IG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IG income statement (TTM)
Revenue	€120.90m
Cost of Revenue	€92.06m
Gross Profit	€28.84m
Other Expenses	€12.13m
Earnings	€16.71m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	4.23
Gross Margin	23.85%
Net Profit Margin	13.82%
Debt/Equity Ratio	41.9%

How did IG perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/03/11 19:41
End of Day Share Price	2025/03/11 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

ING-GRAD d.d. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Mihael Antolic	InterCapital Securities Ltd.