BIT:YIV

Stock Analysis Report

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Executive Summary

Imvest S.p.A. engages in the real estate business in Italy.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has Imvest's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: YIV's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-0.9%

YIV

0.9%

IT Real Estate

2.5%

IT Market


1 Year Return

-37.7%

YIV

11.3%

IT Real Estate

-10.8%

IT Market

Return vs Industry: YIV underperformed the Italian Real Estate industry which returned 10.8% over the past year.

Return vs Market: YIV underperformed the Italian Market which returned -11.9% over the past year.


Shareholder returns

YIVIndustryMarket
7 Day-0.9%0.9%2.5%
30 Day-8.0%-2.6%-1.0%
90 Day-12.6%2.9%14.0%
1 Year-37.7%-37.7%11.3%11.3%-8.5%-10.8%
3 Year-77.1%-77.1%-9.5%-32.3%-1.7%-10.6%
5 Year-66.6%-66.6%-60.4%-67.6%-3.9%-34.9%

Price Volatility Vs. Market

How volatile is Imvest's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Imvest undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Imvest is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Imvest has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of YIV’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Imvest regulatory filings.
  • Explore potentially undervalued companies in the Real Estate industry.

Future Growth

How is Imvest forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-2.3%

Forecasted Real Estate 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 Imvest 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

Past Performance

How has Imvest performed over the past 5 years?

19.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: YIV is currently unprofitable.

Growing Profit Margin: YIV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: YIV is unprofitable, but has reduced losses over the past 5 years at a rate of 19% per year.

Accelerating Growth: Unable to compare YIV's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: YIV is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (7.4%).


Return on Equity

High ROE: YIV has a negative Return on Equity (-58.76%), as it is currently unprofitable.


Next Steps

Financial Health

How is Imvest's financial position?


Financial Position Analysis

Short Term Liabilities: YIV's short term assets (€2.8M) do not cover its short term liabilities (€4.0M).

Long Term Liabilities: YIV's short term assets (€2.8M) do not cover its long term liabilities (€4.0M).


Debt to Equity History and Analysis

Debt Level: YIV's debt to equity ratio (6.8%) is considered satisfactory.

Reducing Debt: YIV's debt to equity ratio has reduced from 497.9% to 6.8% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: YIV has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: YIV has less than a year of cash runway if free cash flow continues to reduce at historical rates of 85% each year


Next Steps

Dividend

What is Imvest current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if YIV'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 YIV'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

Giacomo Capizzi (51yo)

no data

Tenure

Mr. Giacomo Capizzi serves as Chief Executive Officer and Director of Meti Capital S.p.A. Mr. Capizzi serves as the Chief Executive Officer and Director of Imvest S.p.A. Mr. Capizzi serves as an Investment ...


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: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Imvest S.p.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Imvest S.p.A.
  • Ticker: YIV
  • Exchange: BIT
  • Founded:
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Market Cap: €7.897m
  • Shares outstanding: 47.15m
  • Website: https://www.imvest.it

Location

  • Imvest S.p.A.
  • Via della Croce 87
  • Rome
  • Rome
  • 187
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
YIVBIT (Borsa Italiana)YesShare CapitalITEURJun 2012

Biography

Imvest S.p.A. engages in the real estate business in Italy. The company leases commercial and office buildings to public bodies, large scale distribution, industrial and banking groups, etc. It also manages the construction of real estate properties; and purchases and resells real estate complexes, building blocks, and building lots primarily to individuals. The company is based in Rome, Italy. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/06 20:53
End of Day Share Price2020/07/06 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.