company background image
ILTY

illimity Bank BIT:ILTY Stock Report

Last Price

€10.62

Market Cap

€842.6m

7D

1.5%

1Y

-11.2%

Updated

24 Jun, 2022

Data

Company Financials +
ILTY fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance5/6
Financial Health4/6
Dividends0/6

ILTY Stock Overview

illimity Bank S.p.A. provides private banking, and investment and trading services in Italy.

illimity Bank Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for illimity Bank
Historical stock prices
Current Share Price€10.62
52 Week High€14.25
52 Week Low€10.04
Beta1.06
1 Month Change-8.68%
3 Month Change-9.23%
1 Year Change-11.20%
3 Year Change19.60%
5 Year Changen/a
Change since IPO45.48%

Recent News & Updates

Shareholder Returns

ILTYIT Diversified FinancialIT Market
7D1.5%2.4%1.1%
1Y-11.2%-12.0%-15.6%

Return vs Industry: ILTY exceeded the Italian Diversified Financial industry which returned -13.4% over the past year.

Return vs Market: ILTY exceeded the Italian Market which returned -17.2% over the past year.

Price Volatility

Is ILTY's price volatile compared to industry and market?
ILTY volatility
ILTY Average Weekly Movement4.1%
Diversified Financial Industry Average Movement4.5%
Market Average Movement5.1%
10% most volatile stocks in IT Market7.1%
10% least volatile stocks in IT Market3.3%

Stable Share Price: ILTY is less volatile than 75% of Italian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: ILTY's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a765Corrado Passerahttps://www.illimity.com

illimity Bank S.p.A. provides private banking, and investment and trading services in Italy. The company operates through Growth Credit, Distressed Credit, and Direct Banking divisions. The Growth Credit division is involved in the financing of the supply chains of the operators of Italian chains and industrial districts through the activity of recourse and non-recourse purchasing of customers' trade receivables; and financing to businesses; and financing solutions for acquisition activities.

illimity Bank Fundamentals Summary

How do illimity Bank's earnings and revenue compare to its market cap?
ILTY fundamental statistics
Market Cap€842.56m
Earnings (TTM)€68.46m
Revenue (TTM)€245.32m

12.3x

P/E Ratio

3.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ILTY income statement (TTM)
Revenue€245.32m
Cost of Revenue€0
Gross Profit€245.32m
Other Expenses€176.87m
Earnings€68.46m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 02, 2022

Earnings per share (EPS)0.86
Gross Margin100.00%
Net Profit Margin27.90%
Debt/Equity Ratio118.2%

How did ILTY perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is ILTY undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

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

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ILTY?

Other financial metrics that can be useful for relative valuation.

ILTY key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ratio0.4x

Price to Earnings Ratio vs Peers

How does ILTY's PE Ratio compare to its peers?

ILTY PE Ratio vs Peers
The above table shows the PE ratio for ILTY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average29.1x

Price-To-Earnings vs Peers: ILTY is good value based on its Price-To-Earnings Ratio (12.3x) compared to the peer average (29.1x).


Price to Earnings Ratio vs Industry

How does ILTY's PE Ratio compare vs other companies in the Diversified Financial Industry?

Price-To-Earnings vs Industry: ILTY is expensive based on its Price-To-Earnings Ratio (12.3x) compared to the Italian Diversified Financial industry average (12.1x)


Price to Earnings Ratio vs Fair Ratio

What is ILTY'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.

ILTY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.3x
Fair PE Ratio27.7x

Price-To-Earnings vs Fair Ratio: ILTY is good value based on its Price-To-Earnings Ratio (12.3x) compared to the estimated Fair Price-To-Earnings Ratio (27.7x).


Share Price vs Fair Value

What is the Fair Price of ILTY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ILTY (€10.62) is trading above our estimate of fair value (€7.12)

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


Price to Earnings Growth Ratio

PEG Ratio: ILTY is good value based on its PEG Ratio (0.4x)


Discover undervalued companies

Future Growth

How is illimity Bank forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


34.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ILTY's forecast earnings growth (34.8% per year) is above the savings rate (1.7%).

Earnings vs Market: ILTY's earnings (34.8% per year) are forecast to grow faster than the Italian market (10.2% per year).

High Growth Earnings: ILTY's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ILTY's revenue (25.8% per year) is forecast to grow faster than the Italian market (0.3% per year).

High Growth Revenue: ILTY's revenue (25.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ILTY's Return on Equity is forecast to be low in 3 years time (19.3%).


Discover growth companies

Past Performance

How has illimity Bank performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


71.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ILTY has high quality earnings.

Growing Profit Margin: ILTY's current net profit margins (27.9%) are higher than last year (20.8%).


Past Earnings Growth Analysis

Earnings Trend: ILTY's earnings have grown significantly by 71.7% per year over the past 5 years.

Accelerating Growth: ILTY's earnings growth over the past year (74.9%) exceeds its 5-year average (71.7% per year).

Earnings vs Industry: ILTY earnings growth over the past year (74.9%) exceeded the Diversified Financial industry 40%.


Return on Equity

High ROE: ILTY's Return on Equity (8.8%) is considered low.


Discover strong past performing companies

Financial Health

How is illimity Bank's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score

4/6

Financial Health Score 4/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: ILTY's Assets to Equity ratio (6.3x) is low.

Allowance for Bad Loans: ILTY has a low allowance for bad loans (45%).

Low Risk Liabilities: 74% of ILTY's liabilities are made up of primarily low risk sources of funding.

Loan Level: ILTY has an appropriate level of Loans to Assets ratio (64%).

Low Risk Deposits: ILTY's Loans to Deposits ratio (103%) is appropriate.

Level of Bad Loans: ILTY has a high level of bad loans (30.7%).


Discover healthy companies

Dividend

What is illimity Bank current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


4.23%

Forecast Dividend Yield

Dividend Yield vs Market

Notable Dividend: Unable to evaluate ILTY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ILTY'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 ILTY's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ILTY's dividend payments have been increasing.


Current Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


Discover strong dividend paying companies

Management

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

1.3yrs

Average board tenure


CEO

Corrado Passera

no data

Tenure

Mr. Corrado Passera serves as Chief Executive Officer and Director of illimity Bank SpA (formerly known as Banca Interprovinciale SpA).


Board Members

Experienced Board: ILTY's board of directors are not considered experienced ( 1.3 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.9%.


Top Shareholders

Company Information

illimity Bank S.p.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: illimity Bank S.p.A.
  • Ticker: ILTY
  • Exchange: BIT
  • Founded: NaN
  • Industry: Specialized Finance
  • Sector: Diversified Financials
  • Implied Market Cap: €842.563m
  • Shares outstanding: 79.34m
  • Website: https://www.illimity.com

Number of Employees


Location

  • illimity Bank S.p.A.
  • Via Soperga 9
  • Milan
  • Milan
  • 20124
  • Italy

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.