| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 6/6 |
| Past Performance | 6/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
INC Stock Overview
Innovatec S.p.A. provides technologies, products, and services in the areas of energy efficiency and renewable energy sector in Italy.
Innovatec Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €1.62 |
| 52 Week High | €2.53 |
| 52 Week Low | €0.58 |
| Beta | 0.90 |
| 1 Month Change | -21.51% |
| 3 Month Change | -29.44% |
| 1 Year Change | 154.72% |
| 3 Year Change | 1,155.81% |
| 5 Year Change | 478.57% |
| Change since IPO | -90.99% |
Recent News & Updates
At €2.14, Is It Time To Put Innovatec S.p.A. (BIT:INC) On Your Watch List?
Innovatec S.p.A. ( BIT:INC ), is not the largest company out there, but it led the BIT gainers with a relatively large...
Shareholder Returns
| INC | IT Electrical | IT Market | |
|---|---|---|---|
| 7D | -5.9% | -4.0% | -2.7% |
| 1Y | 154.7% | -11.6% | -17.1% |
Return vs Industry: INC exceeded the Italian Electrical industry which returned -11.6% over the past year.
Return vs Market: INC exceeded the Italian Market which returned -17.1% over the past year.
Price Volatility
| INC volatility | |
|---|---|
| INC Average Weekly Movement | 6.5% |
| Electrical Industry Average Movement | 5.7% |
| Market Average Movement | 5.1% |
| 10% most volatile stocks in IT Market | 7.3% |
| 10% least volatile stocks in IT Market | 3.3% |
Stable Share Price: INC is more volatile than 75% of Italian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: INC's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of Italian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 260 | Roberto Maggio | https://www.innovatec.it |
Innovatec S.p.A. provides technologies, products, and services in the areas of energy efficiency and renewable energy sector in Italy. The company is headquartered in Milan, Italy. Innovatec S.p.A. is a subsidiary of Gruppo Waste Italia S.p.A.
Innovatec Fundamentals Summary
| INC fundamental statistics | |
|---|---|
| Market Cap | €154.62m |
| Earnings (TTM) | €6.37m |
| Revenue (TTM) | €141.53m |
24.3x
P/E Ratio1.1x
P/S RatioIs INC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| INC income statement (TTM) | |
|---|---|
| Revenue | €141.53m |
| Cost of Revenue | €90.18m |
| Gross Profit | €51.35m |
| Other Expenses | €44.98m |
| Earnings | €6.37m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.067 |
| Gross Margin | 36.28% |
| Net Profit Margin | 4.50% |
| Debt/Equity Ratio | 90.4% |
How did INC perform over the long term?
See historical performance and comparisonValuation
Is INC undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for INC?
Other financial metrics that can be useful for relative valuation.
| What is INC's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | €154.62m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.1x |
| Enterprise Value/EBITDA | 6.1x |
| PEG Ratio | 0.6x |
Price to Earnings Ratio vs Peers
How does INC's PE Ratio compare to its peers?
| INC PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 12.9x | ||
EDAC EdiliziAcrobatica | 10x | 16.5% | €110.6m |
CNS Civitanavi Systems | 25.2x | 19.2% | €123.0m |
SCK Sciuker Frames | 8.8x | 15.8% | €131.4m |
IRC IRCE | 7.7x | 29.1% | €59.5m |
INC Innovatec | 24.3x | 39.1% | €154.6m |
Price-To-Earnings vs Peers: INC is expensive based on its Price-To-Earnings Ratio (24.3x) compared to the peer average (12.9x).
Price to Earnings Ratio vs Industry
How does INC's PE Ratio compare vs other companies in the European Electrical Industry?
Price-To-Earnings vs Industry: INC is expensive based on its Price-To-Earnings Ratio (24.3x) compared to the Italian Electrical industry average (19.1x)
Price to Earnings Ratio vs Fair Ratio
What is INC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 24.3x |
| Fair PE Ratio | 37x |
Price-To-Earnings vs Fair Ratio: INC is good value based on its Price-To-Earnings Ratio (24.3x) compared to the estimated Fair Price-To-Earnings Ratio (37x).
Share Price vs Fair Value
What is the Fair Price of INC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: INC (€1.62) is trading below our estimate of fair value (€1.99)
Significantly Below Fair Value: INC is trading below fair value, but not by a significant amount.
Price to Earnings Growth Ratio
PEG Ratio: INC is good value based on its PEG Ratio (0.6x)
Discover undervalued companies
Future Growth
How is Innovatec forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score
6/6Future Growth Score 6/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
39.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: INC's forecast earnings growth (39.1% per year) is above the savings rate (1.7%).
Earnings vs Market: INC's earnings (39.1% per year) are forecast to grow faster than the Italian market (10.1% per year).
High Growth Earnings: INC's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: INC's revenue (26.7% per year) is forecast to grow faster than the Italian market (0.3% per year).
High Growth Revenue: INC's revenue (26.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: INC's Return on Equity is forecast to be high in 3 years time (31.7%)
Discover growth companies
Past Performance
How has Innovatec performed over the past 5 years?
Past Performance Score
6/6Past Performance Score 6/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
46.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: INC has high quality earnings.
Growing Profit Margin: INC's current net profit margins (4.5%) are higher than last year (2.4%).
Past Earnings Growth Analysis
Earnings Trend: INC has become profitable over the past 5 years, growing earnings by 46.5% per year.
Accelerating Growth: INC's earnings growth over the past year (846.1%) exceeds its 5-year average (46.5% per year).
Earnings vs Industry: INC earnings growth over the past year (846.1%) exceeded the Electrical industry 55%.
Return on Equity
High ROE: INC's Return on Equity (21.9%) is considered high.
Discover strong past performing companies
Financial Health
How is Innovatec's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: INC's short term assets (€103.0M) exceed its short term liabilities (€85.7M).
Long Term Liabilities: INC's short term assets (€103.0M) exceed its long term liabilities (€66.6M).
Debt to Equity History and Analysis
Debt Level: INC has more cash than its total debt.
Reducing Debt: INC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: INC's debt is well covered by operating cash flow (95.5%).
Interest Coverage: INC's interest payments on its debt are well covered by EBIT (42.8x coverage).
Balance Sheet
Discover healthy companies
Dividend
What is Innovatec current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate INC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate INC'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 INC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if INC's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as INC has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
1.4yrs
Average board tenure
CEO
Roberto Maggio
no data
Tenure
Mr. Roberto Maggio serves as a Director of Waste Italia S.p.A. and Innovatec S.p.A. He is Director and Chief Executive Officer at Innovatec S.p.A and was its President of the Board until 2021.
Board Members
Experienced Board: INC's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
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.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.4%.
Top Shareholders
Company Information
Innovatec S.p.A.'s employee growth, exchange listings and data sources
Key Information
- Name: Innovatec S.p.A.
- Ticker: INC
- Exchange: BIT
- Founded: NaN
- Industry: Heavy Electrical Equipment
- Sector: Capital Goods
- Implied Market Cap: €154.622m
- Shares outstanding: 95.45m
- Website: https://www.innovatec.it
Number of Employees
Location
- Innovatec S.p.A.
- Via Giovanni Bensi 12/5
- Milan
- Milan
- 20152
- Italy
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/07/02 00:00 |
| End of Day Share Price | 2022/07/01 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/12/31 |
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.