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IMS

Immsi BIT:IMS Stock Report

Last Price

€0.42

Market Cap

€141.3m

7D

-3.3%

1Y

-12.7%

Updated

25 May, 2022

Data

Company Financials
IMS fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health2/6
Dividends4/6

IMS Stock Overview

Immsi S.p.A. operates in property and holding, industrial, and marine sectors in Italy, rest of Europe, India, the United States, and internationally.

Immsi Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Immsi
Historical stock prices
Current Share Price€0.42
52 Week High€0.59
52 Week Low€0.34
Beta1.36
1 Month Change-7.56%
3 Month Change6.26%
1 Year Change-12.70%
3 Year Change-21.81%
5 Year Change4.63%
Change since IPO-84.93%

Recent News & Updates

Apr 16
Robust Earnings May Not Tell The Whole Story For Immsi (BIT:IMS)

Robust Earnings May Not Tell The Whole Story For Immsi (BIT:IMS)

Immsi S.p.A.'s ( BIT:IMS ) robust recent earnings didn't do much to move the stock. However the statutory profit number...

Oct 12
We Think Immsi (BIT:IMS) Is Taking Some Risk With Its Debt

We Think Immsi (BIT:IMS) Is Taking Some Risk With Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

IMSIT AutoIT Market
7D-3.3%-4.3%-1.4%
1Y-12.7%-15.4%-5.9%

Return vs Industry: IMS exceeded the Italian Auto industry which returned -15.4% over the past year.

Return vs Market: IMS underperformed the Italian Market which returned -5.9% over the past year.

Price Volatility

Is IMS's price volatile compared to industry and market?
IMS volatility
IMS Average Weekly Movement6.0%
Auto Industry Average Movement6.8%
Market Average Movement6.1%
10% most volatile stocks in IT Market8.5%
10% least volatile stocks in IT Market3.8%

Stable Share Price: IMS is not significantly more volatile than the rest of Italian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: IMS's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20005,997Michele Colaninnohttps://www.immsi.it

Immsi S.p.A. operates in property and holding, industrial, and marine sectors in Italy, rest of Europe, India, the United States, and internationally. It operates a tourist and holiday resort; and invests in real estate development projects. The company also manufactures two-wheeled motor vehicles, including scooters, mopeds, and motorcycles under the Piaggio, Vespa, Gilera, Aprilia, Moto Guzzi, Derbi, and Scarabeo brand names; and three-and four-wheeled light transport vehicles under the Ape, Porter, and Quargo names, as well as offers engines, spare parts, and accessories.

Immsi Fundamentals Summary

How do Immsi's earnings and revenue compare to its market cap?
IMS fundamental statistics
Market Cap€141.32m
Earnings (TTM)€12.27m
Revenue (TTM)€1.71b

11.5x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
IMS income statement (TTM)
Revenue€1.71b
Cost of Revenue€1.29b
Gross Profit€424.42m
Other Expenses€412.15m
Earnings€12.27m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.036
Gross Margin24.83%
Net Profit Margin0.72%
Debt/Equity Ratio264.9%

How did IMS perform over the long term?

See historical performance and comparison

Dividends

7.2%

Current Dividend Yield

83%

Payout Ratio

Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


42.0%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: IMS (€0.42) is trading below our estimate of fair value (€0.72)

Significantly Below Fair Value: IMS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: IMS is poor value based on its Price-To-Earnings Ratio (11.5x) compared to the European Auto industry average (9x).

PE vs Market: IMS is good value based on its Price-To-Earnings Ratio (11.5x) compared to the Italian market (17.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: IMS is good value based on its Price-To-Book Ratio (0.6x) compared to the IT Auto industry average (1.7x).


Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


3.6%

Forecasted Automobiles 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 Immsi 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.


Past Performance

How has Immsi performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


30.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: IMS has high quality earnings.

Growing Profit Margin: IMS's current net profit margins (0.7%) are higher than last year (0.7%).


Past Earnings Growth Analysis

Earnings Trend: IMS has become profitable over the past 5 years, growing earnings by 30% per year.

Accelerating Growth: IMS's earnings growth over the past year (25.8%) is below its 5-year average (30% per year).

Earnings vs Industry: IMS earnings growth over the past year (25.8%) underperformed the Auto industry 56.9%.


Return on Equity

High ROE: IMS's Return on Equity (9.1%) is considered low.


Financial Health

How is Immsi's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: IMS's short term assets (€837.7M) do not cover its short term liabilities (€1.2B).

Long Term Liabilities: IMS's short term assets (€837.7M) exceed its long term liabilities (€688.4M).


Debt to Equity History and Analysis

Debt Level: IMS's net debt to equity ratio (189.7%) is considered high.

Reducing Debt: IMS's debt to equity ratio has reduced from 285.7% to 264.9% over the past 5 years.

Debt Coverage: IMS's debt is not well covered by operating cash flow (19.2%).

Interest Coverage: IMS's interest payments on its debt are not well covered by EBIT (2.3x coverage).


Balance Sheet


Dividend

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

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


7.21%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: IMS's dividend (7.21%) is higher than the bottom 25% of dividend payers in the Italian market (1.63%).

High Dividend: IMS's dividend (7.21%) is in the top 25% of dividend payers in the Italian market (4.81%)


Stability and Growth of Payments

Stable Dividend: IMS's dividend payments have been volatile in the past 10 years.

Growing Dividend: IMS's dividend payments have not increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (83.3%), IMS's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (26.4%), IMS's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

9.4yrs

Average board tenure


CEO

Michele Colaninno (45 yo)

7yrs

Tenure

€691,200

Compensation

Mr. Michele Colaninno has been the Chief Executive Officer of Immsi SpA since May 13, 2015 and has been its Managing Director since 2010 and also serves as its Internal Control and Risk Management System D...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Michele's total compensation is reasonable compared to companies of similar size in the Italian market.

Compensation vs Earnings: Insufficient data to compare Michele's compensation with company performance.


Board Members

Experienced Board: IMS's board of directors are considered experienced (9.4 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

Immsi S.p.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Immsi S.p.A.
  • Ticker: IMS
  • Exchange: BIT
  • Founded: 2000
  • Industry: Motorcycle Manufacturers
  • Sector: Automobiles
  • Implied Market Cap: €141.320m
  • Shares outstanding: 340.53m
  • Website: https://www.immsi.it

Number of Employees


Location

  • Immsi S.p.A.
  • P.zza Vilfredo Pareto
  • 3 Centro Direzionale Boma
  • Mantua
  • Mantova
  • 46100
  • Italy

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/25 00:00
End of Day Share Price2022/05/25 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.