INDB Stock Overview
Indel B S.p.A. produces and sells mobile refrigerators worldwide.
Indel B Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||€23.40|
|52 Week High||€29.00|
|52 Week Low||€20.70|
|1 Month Change||-1.27%|
|3 Month Change||-0.43%|
|1 Year Change||-13.65%|
|3 Year Change||15.27%|
|5 Year Change||-15.52%|
|Change since IPO||-9.93%|
Recent News & Updates
We Think That There Are Issues Underlying Indel B's (BIT:INDB) Earnings
Unsurprisingly, Indel B S.p.A.'s ( BIT:INDB ) stock price was strong on the back of its healthy earnings report...
|INDB||IT Consumer Durables||IT Market|
Return vs Industry: INDB exceeded the Italian Consumer Durables industry which returned -49.4% over the past year.
Return vs Market: INDB exceeded the Italian Market which returned -28.9% over the past year.
|INDB Average Weekly Movement||1.8%|
|Consumer Durables Industry Average Movement||4.5%|
|Market Average Movement||4.6%|
|10% most volatile stocks in IT Market||6.8%|
|10% least volatile stocks in IT Market||2.9%|
Stable Share Price: INDB is less volatile than 75% of Italian stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: INDB's weekly volatility (2%) has been stable over the past year.
About the Company
Indel B S.p.A. produces and sells mobile refrigerators worldwide. The company offers fridges and parking air coolers for cars, off road vehicles, motor homes/caravans, commercial vehicles, mini buses, luxury coaches, and ambulances; and hotel minibars, electronic safes, lock systems, hairdryers, LED lighting products, and LED televisions. It also provides wine cellars for the manufacturers of home appliances; small refrigerators under the FrigoLatte brand for use in milk preservation refrigerators for coffee machine manufacturers; refrigerators for use in the after-market and cruise applications; and built-in fridges for OEMs, as well as equipment for cabin cruiser yacht, including built in and portable fridges, water heaters, cooling units, ice makers, and freezers under the Indel Webasto Marine name.
Indel B Fundamentals Summary
|INDB fundamental statistics|
Is INDB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|INDB income statement (TTM)|
|Cost of Revenue||€146.85m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||2.47|
|Net Profit Margin||6.72%|
How did INDB perform over the long term?See historical performance and comparison
4.3%Current Dividend Yield
Is INDB undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation 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
Key Valuation Metric
Which metric is best to use when looking at relative valuation for INDB?
Other financial metrics that can be useful for relative valuation.
|What is INDB's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does INDB's PE Ratio compare to its peers?
|INDB PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
INDB Indel B
Price-To-Earnings vs Peers: INDB is expensive based on its Price-To-Earnings Ratio (9.5x) compared to the peer average (8.3x).
Price to Earnings Ratio vs Industry
How does INDB's PE Ratio compare vs other companies in the European Consumer Durables Industry?
Price-To-Earnings vs Industry: INDB is expensive based on its Price-To-Earnings Ratio (9.5x) compared to the European Consumer Durables industry average (8.7x)
Price to Earnings Ratio vs Fair Ratio
What is INDB'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.
|Current PE Ratio||9.5x|
|Fair PE Ratio||14.4x|
Price-To-Earnings vs Fair Ratio: INDB is good value based on its Price-To-Earnings Ratio (9.5x) compared to the estimated Fair Price-To-Earnings Ratio (14.4x).
Share Price vs Fair Value
What is the Fair Price of INDB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: INDB (€23.4) is trading below our estimate of fair value (€60.92)
Significantly Below Fair Value: INDB is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.
Discover undervalued companies
How is Indel B forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: INDB's forecast earnings growth (15% per year) is above the savings rate (1.7%).
Earnings vs Market: INDB's earnings (15% per year) are forecast to grow faster than the Italian market (12.1% per year).
High Growth Earnings: INDB's earnings are forecast to grow, but not significantly.
Revenue vs Market: INDB's revenue (7.6% per year) is forecast to grow faster than the Italian market (-0.7% per year).
High Growth Revenue: INDB's revenue (7.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: INDB's Return on Equity is forecast to be low in 3 years time (13.6%).
Discover growth companies
How has Indel B performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: INDB has a high level of non-cash earnings.
Growing Profit Margin: INDB's current net profit margins (6.7%) are lower than last year (12%).
Past Earnings Growth Analysis
Earnings Trend: INDB's earnings have grown by 9.1% per year over the past 5 years.
Accelerating Growth: INDB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: INDB had negative earnings growth (-29.1%) over the past year, making it difficult to compare to the Consumer Durables industry average (-13%).
Return on Equity
High ROE: INDB's Return on Equity (12.1%) is considered low.
Discover strong past performing companies
How is Indel B's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: INDB's short term assets (€158.8M) exceed its short term liabilities (€80.3M).
Long Term Liabilities: INDB's short term assets (€158.8M) exceed its long term liabilities (€39.6M).
Debt to Equity History and Analysis
Debt Level: INDB's net debt to equity ratio (30.7%) is considered satisfactory.
Reducing Debt: INDB's debt to equity ratio has increased from 25.3% to 47.1% over the past 5 years.
Debt Coverage: INDB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: INDB's interest payments on its debt are well covered by EBIT (13.5x coverage).
Discover healthy companies
What is Indel B current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: INDB's dividend (4.27%) is higher than the bottom 25% of dividend payers in the Italian market (1.86%).
High Dividend: INDB's dividend (4.27%) is low compared to the top 25% of dividend payers in the Italian market (5.53%).
Stability and Growth of Payments
Stable Dividend: INDB has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: INDB's dividend payments have increased, but the company has only paid a dividend for 4 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.5%), INDB's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: INDB is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Luca Bora (57 yo)
Mr. Luca Bora has been the Chief Executive Officer of Indel B S.p.A. since May 24, 2016 and has been its Managing Director since April 1998. Mr. Bora serves as General Manager and Director of Indel B S.p.A...
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.
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Indel B S.p.A.'s employee growth, exchange listings and data sources
- Name: Indel B S.p.A.
- Ticker: INDB
- Exchange: BIT
- Founded: 1967
- Industry: Household Appliances
- Sector: Consumer Durables
- Implied Market Cap: €132.579m
- Shares outstanding: 5.67m
- Website: https://www.indelb.com
Number of Employees
- Indel B S.p.A.
- Via Sarsinate, 27
- Sant'agata Feltria
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|INDB||BIT (Borsa Italiana)||Yes||Common Stock||IT||EUR||May 2017|
|2I6||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||May 2017|
|INDBM||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Stock||GB||EUR||May 2017|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/26 00:00|
|End of Day Share Price||2022/09/26 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.