company background image
IP

Interpump GroupBIT:IP Stock Report

Market Cap

€6.2b

7D

0.9%

1Y

82.4%

Updated

27 Sep, 2021

Data

Company Financials +
IP fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance5/6
Financial Health5/6
Dividends0/6

IP Overview

Interpump Group S.p.A. manufactures and markets high pressure plunger pumps in Italy, rest of Europe, North America, the Far East, Oceania, and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Interpump Group
Historical stock prices
Current Share Price€57.85
52 Week High€31.00
52 Week Low€61.55
Beta1.07
1 Month Change-2.61%
3 Month Change14.44%
1 Year Change82.38%
3 Year Change101.43%
5 Year Change273.23%
Change since IPO2,035.23%

Recent News & Updates

Shareholder Returns

IPIT MachineryIT Market
7D0.9%-0.6%0.8%
1Y82.4%82.1%33.5%

Return vs Industry: IP exceeded the Italian Machinery industry which returned 82.1% over the past year.

Return vs Market: IP exceeded the Italian Market which returned 33.5% over the past year.

Price Volatility

Is IP's price volatile compared to industry and market?
IP volatility
IP Beta1.07
Industry Beta1.23
Market Beta1

Stable Share Price: IP is less volatile than 75% of Italian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: IP's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19777,427Fulvio Montipohttps://www.interpumpgroup.it

Interpump Group S.p.A. manufactures and markets high pressure plunger pumps in Italy, rest of Europe, North America, the Far East, Oceania, and internationally. It operates in two segments, Hydraulic Sector and Water Jetting Sector. The Hydraulic Sector segment produces and sells power take-offs that transmit drive from an industrial vehicle engine or transmission through hydraulic components; hydraulic cylinders that are components of hydraulic systems of various vehicle types; front-end and underbody cylinders for use in industrial vehicles in the construction sector; double acting cylinders, which are used in a range of applications, such as earthmoving and agricultural machinery, cranes and truck cranes, waste compactors, etc.; hydraulic lines and fittings that are used in hydraulic equipment and water systems; and pumps, directional controls, valves, other hydraulic components, and ancillary products.

Interpump Group Fundamentals Summary

How do Interpump Group's earnings and revenue compare to its market cap?
IP fundamental statistics
Market Cap€6.16b
Earnings (TTM)€235.42m
Revenue (TTM)€1.44b

26.2x

P/E Ratio

4.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
IP income statement (TTM)
Revenue€1.44b
Cost of Revenue€912.21m
Gross Profit€523.67m
Expenses€288.25m
Earnings€235.42m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 10, 2021

Earnings per share (EPS)2.21
Gross Margin36.47%
Net Profit Margin16.40%
Debt/Equity Ratio48.2%

How did IP perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

12%

Payout Ratio

Valuation

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

26.18x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: IP (€58.95) is trading above our estimate of fair value (€32.38)

Significantly Below Fair Value: IP is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: IP is poor value based on its PE Ratio (26.7x) compared to the Italian Machinery industry average (26.5x).

PE vs Market: IP is poor value based on its PE Ratio (26.7x) compared to the Italian market (21.4x).


Price to Earnings Growth Ratio

PEG Ratio: IP is poor value based on its PEG Ratio (4x)


Price to Book Ratio

PB vs Industry: IP is overvalued based on its PB Ratio (5x) compared to the IT Machinery industry average (1.7x).


Future Growth

How is Interpump Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

6.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: IP's forecast earnings growth (6.7% per year) is above the savings rate (1.8%).

Earnings vs Market: IP's earnings (6.7% per year) are forecast to grow slower than the Italian market (11.9% per year).

High Growth Earnings: IP's earnings are forecast to grow, but not significantly.

Revenue vs Market: IP's revenue (8.1% per year) is forecast to grow faster than the Italian market (2.2% per year).

High Growth Revenue: IP's revenue (8.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: IP's Return on Equity is forecast to be low in 3 years time (16.4%).


Past Performance

How has Interpump Group performed over the past 5 years?

14.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IP has high quality earnings.

Growing Profit Margin: IP's current net profit margins (16.4%) are higher than last year (11.5%).


Past Earnings Growth Analysis

Earnings Trend: IP's earnings have grown by 14% per year over the past 5 years.

Accelerating Growth: IP's earnings growth over the past year (56.8%) exceeds its 5-year average (14% per year).

Earnings vs Industry: IP earnings growth over the past year (56.8%) exceeded the Machinery industry 39%.


Return on Equity

High ROE: IP's Return on Equity (18.9%) is considered low.


Financial Health

How is Interpump Group's financial position?


Financial Position Analysis

Short Term Liabilities: IP's short term assets (€1.2B) exceed its short term liabilities (€561.5M).

Long Term Liabilities: IP's short term assets (€1.2B) exceed its long term liabilities (€529.3M).


Debt to Equity History and Analysis

Debt Level: IP's debt to equity ratio (48.2%) is considered high.

Reducing Debt: IP's debt to equity ratio has reduced from 67.8% to 48.2% over the past 5 years.

Debt Coverage: IP's debt is well covered by operating cash flow (47%).

Interest Coverage: IP's interest payments on its debt are well covered by EBIT (68.2x coverage).


Balance Sheet


Dividend

What is Interpump Group current dividend yield, its reliability and sustainability?

0.45%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: IP's dividend (0.44%) isn’t notable compared to the bottom 25% of dividend payers in the Italian market (1.02%).

High Dividend: IP's dividend (0.44%) is low compared to the top 25% of dividend payers in the Italian market (3.51%).


Stability and Growth of Payments

Stable Dividend: IP is not paying a notable dividend for the Italian market, therefore no need to check if payments are stable.

Growing Dividend: IP is not paying a notable dividend for the Italian market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: IP is not paying a notable dividend for the Italian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of IP's dividend in 3 years as they are not forecast to pay a notable one for the Italian market.


Next Steps

Management

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

3.0yrs

Average board tenure


CEO

Fulvio Montipo (77 yo)

8.42yrs

Tenure

Mr. Fulvio Montipo founded Interpump Group SPA and has been its President of the Board and Chief Executive Officer since April 2013. Mr. Montipò has been Executive Director of Interpump Group SpA. since 19...


CEO Compensation Analysis

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

Compensation vs Earnings: Fulvio's compensation has increased by more than 20% in the past year.


Board Members

Experienced Board: IP's board of directors are considered experienced (3 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Interpump Group S.p.A.
  • Ticker: IP
  • Exchange: BIT
  • Founded: 1977
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: €6.162b
  • Shares outstanding: 106.52m
  • Website: https://www.interpumpgroup.it

Number of Employees


Location

  • Interpump Group S.p.A.
  • Via E. Fermi 25
  • Sant'ilario D'enza
  • Reggio Emilia
  • 42049
  • Italy

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 21:13
End of Day Share Price2021/09/27 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.