Itway S.p.A. focuses on cloud information services for SMEs in network and cloud environment in the areas of security, storage management, business continuity, and Internet of Things platform.
Good value with mediocre balance sheet.
Share Price & News
How has Itway's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ITW's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ITW underperformed the Italian Electronic industry which returned -10.9% over the past year.
Return vs Market: ITW exceeded the Italian Market which returned -24.1% over the past year.
Price Volatility Vs. Market
How volatile is Itway's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StWhat Type Of Shareholder Owns Itway S.p.A.'s (BIT:ITW)?
1 month ago | Simply Wall StWe're Not Counting On Itway (BIT:ITW) To Sustain Its Statutory Profitability
2 months ago | Simply Wall StEstimating The Fair Value Of Itway S.p.A. (BIT:ITW)
Is Itway undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ITW (€0.56) is trading below our estimate of fair value (€0.68)
Significantly Below Fair Value: ITW is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ITW is good value based on its PE Ratio (2.4x) compared to the Electronic industry average (7.4x).
PE vs Market: ITW is good value based on its PE Ratio (2.4x) compared to the Italian market (12.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ITW's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ITW is good value based on its PB Ratio (0.6x) compared to the IT Electronic industry average (1.1x).
How is Itway forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Tech 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 Itway 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.
- Examine whether Itway 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.
- Itway competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
How has Itway performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ITW has a large one-off gain of €2.8M impacting its June 30 2019 financial results.
Growing Profit Margin: ITW became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ITW has become profitable over the past 5 years, growing earnings by 13.4% per year.
Accelerating Growth: ITW has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ITW has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (19%).
Return on Equity
High ROE: Whilst ITW's Return on Equity (27.03%) is high, this metric is skewed due to their high level of debt.
How is Itway's financial position?
Financial Position Analysis
Short Term Liabilities: ITW's short term assets (€20.2M) do not cover its short term liabilities (€25.5M).
Long Term Liabilities: ITW's short term assets (€20.2M) exceed its long term liabilities (€3.0M).
Debt to Equity History and Analysis
Debt Level: ITW's debt to equity ratio (148.2%) is considered high.
Reducing Debt: ITW's debt to equity ratio has reduced from 159.4% to 148.2% over the past 5 years.
Inventory Level: ITW has a low level of unsold assets or inventory.
Debt Coverage by Assets: ITW's debt is covered by short term assets (assets are 2.3x debt).
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: ITW is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: ITW is profitable, therefore cash runway is not a concern.
What is Itway's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ITW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ITW's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ITW's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ITW's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ITW is not paying a notable dividend for the Italian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ITW's dividend in 3 years as they are not forecast to pay a notable one for the Italian market.
How experienced are the management team and are they aligned to shareholders interests?
Mr. Giovanni Andrea Farina serves the Chairman, Chief Executive Officer and President of Itway S.p.A and served as its Managing Director. Mr. Farina served as President of Diogene S r l and Rigel S r l. H ...
CEO Compensation Analysis
Compensation vs Market: Giovanni's total compensation ($USD0.00) is below average for companies of similar size in the Italian market ($USD358.84K).
Compensation vs Earnings: Giovanni's compensation has been consistent with company performance over the past year.
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.
Itway S.p.A.'s company bio, employee growth, exchange listings and data sources
- Name: Itway S.p.A.
- Ticker: ITW
- Exchange: BIT
- Founded: 1996
- Industry: Technology Distributors
- Sector: Tech
- Market Cap: €3.949m
- Shares outstanding: 7.05m
- Website: https://www.itway.com
Number of Employees
- Itway S.p.A.
- Via L. Braille,15
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ITW||BIT (Borsa Italiana)||Yes||Common Stock||IT||EUR||Jul 2001|
|0MSL||LSE (London Stock Exchange)||Yes||Common Stock||GB||EUR||Jul 2001|
|IW3||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jul 2001|
|ITWM||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Stock||GB||EUR||Jul 2001|
Itway S.p.A. focuses on cloud information services for SMEs in network and cloud environment in the areas of security, storage management, business continuity, and Internet of Things platform. It provides assisted services in N+SOC and MSSP solutions to check networks; and ICT for cultural heritage and data curation services. The company was founded in 1996 and is headquartered in Ravenna, Italy.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/28 20:48|
|End of Day Share Price||2020/03/27 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.