Executive Summary
Industrie Chimiche Forestali S.p.A. designs, manufactures, and markets adhesives and fabrics for automotive, footwear, leather goods, upholstered furniture, flexible, and industrial packaging markets in Italy. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and fair value.
Share Price & News
How has Industrie Chimiche Forestali's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ICF is not significantly more volatile than the rest of Italian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: Insufficient data to determine ICF's volatility change over the past year.
Market Performance
7 Day Return
0.4%
ICF
-0.3%
IT Chemicals
-3.6%
IT Market
1 Year Return
n/a
ICF
14.1%
IT Chemicals
-11.6%
IT Market
Return vs Industry: Insufficient data to determine how ICF performed against the Italian Chemicals industry.
Return vs Market: Insufficient data to determine how ICF performed against the Italian Market.
Shareholder returns
| ICF | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.4% | -0.3% | -3.6% |
| 30 Day | -0.4% | 1.9% | -2.4% |
| 90 Day | 15.2% | 11.3% | 14.3% |
| 1 Year | n/a | 17.8%14.1% | -8.7%-11.6% |
| 3 Year | n/a | 11.8%0.9% | -7.4%-17.1% |
| 5 Year | n/a | 70.5%44.5% | 24.0%-3.6% |
Long-Term Price Volatility Vs. Market
How volatile is Industrie Chimiche Forestali's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Industrie Chimiche Forestali undervalued compared to its fair value and its price relative to the market?
6.57x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ICF (€5.3) is trading above our estimate of fair value (€4.9)
Significantly Below Fair Value: ICF is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ICF is good value based on its PE Ratio (6.6x) compared to the XE Chemicals industry average (25.7x).
PE vs Market: ICF is good value based on its PE Ratio (6.6x) compared to the Italian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ICF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ICF is good value based on its PB Ratio (0.7x) compared to the XE Chemicals industry average (2.1x).
Next Steps
Future Growth
How is Industrie Chimiche Forestali forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
19.8%
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Industrie Chimiche Forestali has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether Industrie Chimiche Forestali is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Industrie Chimiche Forestali competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has Industrie Chimiche Forestali performed over the past 5 years?
-15.4%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: ICF has high quality earnings.
Growing Profit Margin: ICF's current net profit margins (5.7%) are higher than last year (5.6%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if ICF's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: ICF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ICF had negative earnings growth (-15.4%) over the past year, making it difficult to compare to the Chemicals industry average (-12%).
Return on Equity
High ROE: ICF's Return on Equity (4.7%) is considered low.
Next Steps
Financial Health
How is Industrie Chimiche Forestali's financial position?
Financial Position Analysis
Short Term Liabilities: ICF's short term assets (€41.2M) exceed its short term liabilities (€19.5M).
Long Term Liabilities: ICF's short term assets (€41.2M) exceed its long term liabilities (€20.9M).
Debt to Equity History and Analysis
Debt Level: ICF's debt to equity ratio (19.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ICF's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ICF's debt is well covered by operating cash flow (22.6%).
Interest Coverage: ICF's interest payments on its debt are well covered by EBIT (5.1x coverage).
Balance Sheet
Next Steps
Dividend
What is Industrie Chimiche Forestali current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ICF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ICF'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 ICF's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ICF's dividend payments have been increasing.
Current Payout to Shareholders
Dividend 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 ICF'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?
CEO
Guido Cami
no data
Tenure
Mr. Guido Cami serves as Chief Executive Officer and President of Industrie Chimiche Forestali S.p.A and serves as its Director.
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: ICF only recently listed within the past 12 months.
Top Shareholders
Company Information
Industrie Chimiche Forestali S.p.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Industrie Chimiche Forestali S.p.A.
- Ticker: ICF
- Exchange: BIT
- Founded: 1918
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: €38.483m
- Shares outstanding: 7.10m
- Website: https://www.forestali.it
Number of Employees
Location
- Industrie Chimiche Forestali S.p.A.
- Via Kennedy, 75
- Marcallo con Casone
- Milan
- Milan
- 20010
- Italy
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ICF | BIT (Borsa Italiana) | Yes | Ordinary Shares | IT | EUR | Aug 2020 |
Biography
Industrie Chimiche Forestali S.p.A. designs, manufactures, and markets adhesives and fabrics for automotive, footwear, leather goods, upholstered furniture, flexible, and industrial packaging markets in It...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/25 20:03 |
| End of Day Share Price | 2021/01/25 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.