I.M.A. Industria Macchine Automatiche S.p.A. More Details
Adequate balance sheet with proven track record.
Share Price & News
How has I.M.A. Industria Macchine Automatiche's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IMA has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: IMA exceeded the Italian Machinery industry which returned -7.3% over the past year.
Return vs Market: IMA exceeded the Italian Market which returned -12.3% over the past year.
Price Volatility Vs. Market
How volatile is I.M.A. Industria Macchine Automatiche's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StEarnings Not Telling The Story For I.M.A. Industria Macchine Automatiche S.p.A. (BIT:IMA)
1 month ago | Simply Wall StShould I.M.A. Industria Macchine Automatiche (BIT:IMA) Be Disappointed With Their 50% Profit?
2 months ago | Simply Wall StI.M.A. Industria Macchine Automatiche S.p.A.'s (BIT:IMA) Sentiment Matching Earnings
Is I.M.A. Industria Macchine Automatiche undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: IMA (€67.4) is trading above our estimate of fair value (€38.71)
Significantly Below Fair Value: IMA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: IMA is poor value based on its PE Ratio (18.2x) compared to the IT Machinery industry average (15.2x).
PE vs Market: IMA is poor value based on its PE Ratio (18.2x) compared to the Italian market (17.2x).
Price to Earnings Growth Ratio
PEG Ratio: IMA's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: IMA is overvalued based on its PB Ratio (5.8x) compared to the IT Machinery industry average (1.2x).
How is I.M.A. Industria Macchine Automatiche forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IMA's earnings are forecast to decline over the next 3 years (-1.1% per year).
Earnings vs Market: IMA's earnings are forecast to decline over the next 3 years (-1.1% per year).
High Growth Earnings: IMA's earnings are forecast to decline over the next 3 years.
Revenue vs Market: IMA's revenue (5.4% per year) is forecast to grow faster than the Italian market (3.6% per year).
High Growth Revenue: IMA's revenue (5.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IMA's Return on Equity is forecast to be high in 3 years time (21.7%)
How has I.M.A. Industria Macchine Automatiche performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IMA has a large one-off gain of €45.4M impacting its June 30 2020 financial results.
Growing Profit Margin: IMA's current net profit margins (10%) are higher than last year (7%).
Past Earnings Growth Analysis
Earnings Trend: IMA's earnings have grown by 19% per year over the past 5 years.
Accelerating Growth: IMA's earnings growth over the past year (43.7%) exceeds its 5-year average (19% per year).
Earnings vs Industry: IMA earnings growth over the past year (43.7%) exceeded the Machinery industry -27.2%.
Return on Equity
High ROE: Whilst IMA's Return on Equity (29.6%) is high, this metric is skewed due to their high level of debt.
How is I.M.A. Industria Macchine Automatiche's financial position?
Financial Position Analysis
Short Term Liabilities: IMA's short term assets (€1.1B) exceed its short term liabilities (€1.1B).
Long Term Liabilities: IMA's short term assets (€1.1B) exceed its long term liabilities (€864.1M).
Debt to Equity History and Analysis
Debt Level: IMA's debt to equity ratio (153.3%) is considered high.
Reducing Debt: IMA's debt to equity ratio has reduced from 319.1% to 153.3% over the past 5 years.
Debt Coverage: IMA's debt is not well covered by operating cash flow (17.8%).
Interest Coverage: IMA's interest payments on its debt are well covered by EBIT (11.8x coverage).
What is I.M.A. Industria Macchine Automatiche current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IMA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IMA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if IMA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IMA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: IMA is not paying a notable dividend for the Italian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of IMA's dividend in 3 years as they are not forecast to pay a notable one for the Italian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Alberto Vacchi (56 yo)
Mr. Alberto Vacchi serves as Chief Executive Officer at I.M.A. Industria Macchine Automatiche S.p.A. and has been its Managing Director since 1996. Mr. Vacchi Delegated powers at Ima - Industria Macchine A ...
CEO Compensation Analysis
Compensation vs Market: Alberto's total compensation ($USD0.00) is below average for companies of similar size in the Italian market ($USD1.76M).
Compensation vs Earnings: Alberto's compensation has been consistent with company performance over the past year.
|Chairman||no data||€2.08m||no data|
|Non-executive Director||no data||€1.67m||no data|
|COO & Director||5.67yrs||no data||no data|
|Non-Executive Director||10.67yrs||€1.40m||no data|
|Non-Executive Director||10.67yrs||€20.00k||no data|
|Honorary Chairman||13.25yrs||€20.00k||no data|
|Non-Executive Director||10.67yrs||€35.00k||no data|
|Lead Independent Director||no data||€20.00k||no data|
|Independent Director||no data||no data||no data|
|Non-Executive Director||no data||no data||no data|
|Chairman of Board of Auditors||4.33yrs||no data||no data|
|Independent Director||2.67yrs||no data||no data|
Experienced Board: IMA's board of directors are seasoned and experienced ( 10.7 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.1%.
I.M.A. Industria Macchine Automatiche S.p.A.'s company bio, employee growth, exchange listings and data sources
- Name: I.M.A. Industria Macchine Automatiche S.p.A.
- Ticker: IMA
- Exchange: BIT
- Founded: 1961
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: €2.905b
- Shares outstanding: 43.11m
- Website: https://www.ima.it
Number of Employees
- I.M.A. Industria Macchine Automatiche S.p.A.
- Via Emilia, 428/442
- Ozzano Dell'emilia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|IMA||BIT (Borsa Italiana)||Yes||Common Stock||IT||EUR||Jun 1995|
|0LD1||LSE (London Stock Exchange)||Yes||Common Stock||GB||EUR||Jun 1995|
|IMCU.F||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Jun 1995|
|IMAM||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Stock||GB||EUR||Jun 1995|
|12M||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jun 1995|
I.M.A. Industria Macchine Automatiche S.p.A. designs, manufactures, and sells automatic machines for the processing and packaging of pharmaceuticals, cosmetics, tea, coffee, tobacco, and other food product ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/22 03:42|
|End of Day Share Price||2020/09/21 00:00|
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.