Italmobiliare S.p.A., an investment holding company, owns and manages a portfolio of equity and other investments in the financial and industrial sectors in Italy and internationally. More Details
Flawless balance sheet with proven track record and pays a dividend.
Share Price & News
How has Italmobiliare's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ITM has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ITM exceeded the Italian Industrials industry which returned 12% over the past year.
Return vs Market: ITM exceeded the Italian Market which returned -15.1% over the past year.
Price Volatility Vs. Market
How volatile is Italmobiliare's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall StShould Weakness in Italmobiliare S.p.A.'s (BIT:ITM) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
2 weeks ago | Simply Wall StShareholders Of Italmobiliare (BIT:ITM) Must Be Happy With Their 81% Return
1 month ago | Simply Wall StIs Now An Opportune Moment To Examine Italmobiliare S.p.A. (BIT:ITM)?
Is Italmobiliare 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: ITM (€27.95) is trading above our estimate of fair value (€11.8)
Significantly Below Fair Value: ITM is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ITM is poor value based on its PE Ratio (32.4x) compared to the XE Industrials industry average (21.6x).
PE vs Market: ITM is poor value based on its PE Ratio (32.4x) compared to the Italian market (16.3x).
Price to Earnings Growth Ratio
PEG Ratio: ITM is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: ITM's PB Ratio (1x) is in line with the XE Industrials industry average.
How is Italmobiliare forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ITM's forecast earnings growth (24.8% per year) is above the savings rate (2%).
Earnings vs Market: ITM's earnings (24.8% per year) are forecast to grow faster than the Italian market (23.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ITM's revenue (2.9% per year) is forecast to grow slower than the Italian market (3.5% per year).
High Growth Revenue: ITM's revenue (2.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ITM's Return on Equity is forecast to be low in 3 years time (5.7%).
How has Italmobiliare performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ITM has high quality earnings.
Growing Profit Margin: ITM's current net profit margins (6.3%) are higher than last year (4.6%).
Past Earnings Growth Analysis
Earnings Trend: ITM has become profitable over the past 5 years, growing earnings by 50.9% per year.
Accelerating Growth: ITM's earnings growth over the past year (47%) is below its 5-year average (50.9% per year).
Earnings vs Industry: ITM earnings growth over the past year (47%) exceeded the Industrials industry 1.7%.
Return on Equity
High ROE: ITM's Return on Equity (4%) is considered low.
How is Italmobiliare's financial position?
Financial Position Analysis
Short Term Liabilities: ITM's short term assets (€709.5M) exceed its short term liabilities (€169.5M).
Long Term Liabilities: ITM's short term assets (€709.5M) exceed its long term liabilities (€251.1M).
Debt to Equity History and Analysis
Debt Level: ITM's debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: ITM's debt to equity ratio has reduced from 80.7% to 0.5% over the past 5 years.
Debt Coverage: ITM's debt is well covered by operating cash flow (1158.4%).
Interest Coverage: ITM's interest payments on its debt are well covered by EBIT (4.9x coverage).
What is Italmobiliare current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ITM's dividend (2.15%) is higher than the bottom 25% of dividend payers in the Italian market (1.65%).
High Dividend: ITM's dividend (2.15%) is low compared to the top 25% of dividend payers in the Italian market (5.44%).
Stability and Growth of Payments
Stable Dividend: ITM's dividend payments have been volatile in the past 10 years.
Growing Dividend: ITM's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (69.6%), ITM's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ITM's dividends in 3 years are forecast to be well covered by earnings (33.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Carlo Pesenti (57 yo)
Mr. Carlo Pesenti has been the Chief Operating Officer at Italmobiliare SpA since May 2001 and Chief Executive Officer since May 2014. He was an Executive Director of Italmobiliare SPA since June 17, 1999. ...
CEO Compensation Analysis
Compensation vs Market: Carlo's total compensation ($USD0.00) is below average for companies of similar size in the Italian market ($USD1.51M).
Compensation vs Earnings: Carlo's compensation has been consistent with company performance over the past year.
|CEO, COO & Executive Director||6.33yrs||€3.69m||no data|
|Independent Deputy Chairman||3.42yrs||€55.33k||no data|
|Non Executive Director||18.33yrs||€109.42k||no data|
|Non Executive Director||18.33yrs||€66.00k||no data|
|Non Executive Director||9.33yrs||€36.00k||no data|
|Independent Director||3.42yrs||€33.00k||no data|
|Independent Chairwoman of the Board||3.42yrs||€184.33k||no data|
|Independent Director||3.42yrs||€30.00k||no data|
|Chairman of Statutory Auditors||0.42yr||no data||no data|
|Independent Director||3.42yrs||€54.00k||no data|
|Independent Director||0.42yr||no data||no data|
|Independent Director||3.42yrs||no data||no data|
Experienced Board: ITM's board of directors are considered experienced (3.4 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.
Italmobiliare S.p.A.'s company bio, employee growth, exchange listings and data sources
- Name: Italmobiliare S.p.A.
- Ticker: ITM
- Exchange: BIT
- Founded: 1946
- Industry: Industrial Conglomerates
- Sector: Capital Goods
- Market Cap: €1.180b
- Shares outstanding: 42.22m
- Website: https://www.italmobiliare.it
Number of Employees
- Italmobiliare S.p.A.
- Via Borgonuovo, 20
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ITSP.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
|ITM||BIT (Borsa Italiana)||Yes||Ordinary Shares||IT||EUR||Jan 1992|
|0RP4||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|ITM1||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|ITMM||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jan 1992|
Italmobiliare S.p.A., an investment holding company, owns and manages a portfolio of equity and other investments in the financial and industrial sectors in Italy and internationally. The company develops ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/27 02:59|
|End of Day Share Price||2020/09/25 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.