Interpump Group S.p.A., together with its subsidiaries, manufactures and markets high pressure plunger pumps in Italy, rest of Europe, North America, the Far East, Oceania, and internationally.
Adequate balance sheet with questionable track record.
Share Price & News
How has Interpump Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IP has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: IP exceeded the Italian Machinery industry which returned -5.6% over the past year.
Return vs Market: IP underperformed the Italian Market which returned 16.5% over the past year.
Price Volatility Vs. Market
How volatile is Interpump Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StAt €27.40, Is It Time To Put Interpump Group S.p.A. (BIT:IP) On Your Watch List?
3 weeks ago | Simply Wall StWhat Kind Of Shareholder Owns Most Interpump Group S.p.A. (BIT:IP) Stock?
1 month ago | Simply Wall StShould You Like Interpump Group S.p.A.’s (BIT:IP) High Return On Capital Employed?
Is Interpump Group 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: IP (€29.48) is trading above our estimate of fair value (€19.01)
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 (18.2x) compared to the Machinery industry average (16.6x).
PE vs Market: IP is good value based on its PE Ratio (18.2x) compared to the Italian market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: IP is poor value based on its PEG Ratio (3.7x)
Price to Book Ratio
PB vs Industry: IP is overvalued based on its PB Ratio (3.2x) compared to the IT Machinery industry average (1.9x).
How is Interpump Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IP's forecast earnings growth (5% per year) is above the savings rate (1.2%).
Earnings vs Market: IP's earnings (5% per year) are forecast to grow slower than the Italian market (9.7% per year).
High Growth Earnings: IP's earnings are forecast to grow, but not significantly.
Revenue vs Market: IP's revenue (5.1% per year) is forecast to grow faster than the Italian market (4.6% per year).
High Growth Revenue: IP's revenue (5.1% 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 (14.6%).
How has Interpump Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IP has high quality earnings.
Growing Profit Margin: IP's current net profit margins (12.6%) are lower than last year (14.2%).
Past Earnings Growth Analysis
Earnings Trend: IP's earnings have grown by 18.8% per year over the past 5 years.
Accelerating Growth: IP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: IP had negative earnings growth (-1.1%) over the past year, making it difficult to compare to the Machinery industry average (-7.6%).
Return on Equity
High ROE: IP's Return on Equity (18.1%) is considered low.
Return on Assets
Return on Capital Employed
How is Interpump Group's financial position?
Financial Position Analysis
Short Term Liabilities: IP's short term assets (€863.0M) exceed its short term liabilities (€458.3M).
Long Term Liabilities: IP's short term assets (€863.0M) exceed its long term liabilities (€436.1M).
Debt to Equity History and Analysis
Debt Level: IP's debt to equity ratio (54.5%) is considered high.
Reducing Debt: IP's debt to equity ratio has increased from 50.6% to 54.5% over the past 5 years.
Debt Coverage: IP's debt is well covered by operating cash flow (34.7%).
Interest Coverage: IP's interest payments on its debt are well covered by EBIT (54.3x coverage).
Inventory Level: IP has a high level of physical assets or inventory.
Debt Coverage by Assets: IP's debt is covered by short term assets (assets are 1.7x debt).
What is Interpump Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: IP's dividend (0.75%) isn’t notable compared to the bottom 25% of dividend payers in the Italian market (1.88%).
High Dividend: IP's dividend (0.75%) is low compared to the top 25% of dividend payers in the Italian market (4.27%).
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Fulvio Montipò (75yo)
Mr. Fulvio Montipò founded Interpump Group SPA and has been its Chairman and Chief Executive Officer since April 2013. Mr. Montipò has been Executive Director of Interpump Group SpA. since 1977. He served ...
CEO Compensation Analysis
Compensation vs Market: Fulvio's total compensation ($USD0.00) is below average for companies of similar size in the Italian market ($USD2.21M).
Compensation vs Earnings: Fulvio's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Chairman & CEO||6.8yrs||no data||no data|
|Non-Executive Director||15.1yrs||€55.00k||no data|
|Deputy Chairman||16.8yrs||no data||0.034% €1.1m|
|Independent Director||4.6yrs||€33.00k||no data|
|Independent Director||2.8yrs||no data||no data|
|Independent Director||2.8yrs||no data||no data|
|Lead Independent Director||4.5yrs||€45.00k||no data|
|Independent Director||5.8yrs||€65.00k||no data|
|Independent Director||4.5yrs||€18.00k||no data|
|Chairman of Statutory Auditor Board||0yrs||no data||no data|
Experienced Board: IP's board of directors are considered experienced (4.6 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 not been meaningfully diluted in the past year.
Interpump Group S.p.A.'s company bio, employee growth, exchange listings and data sources
- Name: Interpump Group S.p.A.
- Ticker: IP
- Exchange: BIT
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: €3.149b
- Shares outstanding: 106.82m
- Website: https://www.interpumpgroup.it
Number of Employees
- Interpump Group S.p.A.
- Via E. Fermi 25
- Sant'Ilario d'Enza
- Reggio Emilia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|IP||BIT (Borsa Italiana)||Yes||Ordinary Shares||IT||EUR||Dec 1996|
|0EWD||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Dec 1996|
|IPGL.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Dec 1996|
|IPM||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Dec 1996|
Interpump Group S.p.A., together with its subsidiaries, manufactures and markets high pressure plunger pumps in Italy, rest of Europe, North America, the Far East, Oceania, and internationally. Its Water Jetting sector provides high pressure pumps and pumping systems that are used in a range of industrial sectors for the conveyance of fluids. This sector’s high-pressure plunger pumps are the primary components of high pressure cleaners, as well as used for car wash installations, forced lubrication systems for machine tools, and inverse osmosis systems for seawater desalination plants. Its very high-pressure pumps and systems are used for cleaning surfaces, ship hulls, and various types of hoses; removing machining burr; cutting and removing cement, asphalt, and paint coatings from stone, cement, and metal surfaces; and cutting solid materials. This sector also engages in drawing, blanking, and pressing sheet metals; and providing high pressure homogenizers, mixers, agitators, piston pumps, values, and other machines for use in the food processing, chemicals, cosmetics, and pharmaceutical sectors. The company’s Hydraulics sector produces and sells power take-offs that transmit drive from an industrial vehicle engine or transmission to power a range of ancillary services through hydraulic components; hydraulic cylinders that are components of hydraulic systems of various vehicle types; front-end and underbody cylinders that are primarily used on industrial vehicles in the construction sector; double acting cylinders, which are used in a range of applications, such as earthmoving machinery, agricultural machinery, cranes and truck cranes, waste compactors, etc.; hydraulic lines and fittings that are used in hydraulic equipment and high pressure water systems; and pumps, directional controls, valves, other hydraulic components, and ancillary products. It also engages in the research and development activities. The company is based in Sant'Ilario d'Enza, Italy.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/15 21:01|
|End of Day Share Price||2020/02/14 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.