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Intred

BIT:ITD
Snowflake Description

Excellent balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ITD
BIT
€79M
Market Cap
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Last updated 2019/07/20 23:16
Company description

Intred S.p.A. provides various telecommunication solutions. The last earnings update was 92 days ago. More info.

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ITD Share Price and Events
7 Day Returns
2.9%
BIT:ITD
-2.6%
IT Telecom
-2.4%
IT Market
1 Year Returns
68.4%
BIT:ITD
-7.1%
IT Telecom
-2.5%
IT Market
ITD Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Intred (ITD) 2.9% 2.7% 24.1% 68.4% - -
IT Telecom -2.6% 2.2% 2.6% -7.1% -9.6% -15%
IT Market -2.4% 1% -2.2% -2.5% 6.8% -33.9%
1 Year Return vs Industry and Market
  • ITD outperformed the Telecom industry which returned -7.1% over the past year.
  • ITD outperformed the Market in Italy which returned -2.5% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Intred undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Intred to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Intred.

BIT:ITD Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.2%
Perpetual Growth Rate 10-Year IT Government Bond Rate 2.9%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BIT:ITD
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IT Govt Bond Rate 2.9%
Equity Risk Premium S&P Global 9%
Telecom Unlevered Beta Simply Wall St/ S&P Global 0.35
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.349 (1 + (1- 24%) (3.89%)) 		0.571
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)		 0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.93% + (0.8 * 9.02%) 		10.15%

Discounted Cash Flow Calculation for BIT:ITD using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Intred is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BIT:ITD DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 10.15%)
2020 2.53 Analyst x1 2.30
2021 4.60 Analyst x1 3.79
2022 6.90 Analyst x1 5.16
2023 8.89 Est @ 28.9% 6.04
2024 10.77 Est @ 21.11% 6.64
2025 12.46 Est @ 15.66% 6.97
2026 13.93 Est @ 11.84% 7.08
2027 15.21 Est @ 9.17% 7.02
2028 16.32 Est @ 7.3% 6.84
2029 17.30 Est @ 5.99% 6.58
Present value of next 10 years cash flows €58.43
BIT:ITD DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €17.30 × (1 + 2.93%) ÷ (10.15% – 2.93%) 		€246.75
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €246.75 ÷ (1 + 10.15%)10 		€93.84
BIT:ITD Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €58.43 + €93.84 		€152.27
Equity Value per Share
(EUR)		 = Total value / Shares Outstanding
= €152.27 / 15.85 		€9.61
BIT:ITD Discount to Share Price
Calculation Result
Value per share (EUR) From above. €9.61
Current discount Discount to share price of €5.00
= -1 x (€5.00 - €9.61) / €9.61 		48%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Intred is available for.
Intrinsic value
48%
Share price is €5 vs Future cash flow value of €9.61
Current Discount Checks
For Intred to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Intred's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Intred's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Intred's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Intred's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BIT:ITD PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.20
BIT:ITD Share Price ** BIT (2019-07-19) in EUR €5
Europe Telecom Industry PE Ratio Median Figure of 58 Publicly-Listed Telecom Companies 25.1x
Italy Market PE Ratio Median Figure of 240 Publicly-Listed Companies 15.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Intred.

BIT:ITD PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BIT:ITD Share Price ÷ EPS (both in EUR)

= 5 ÷ 0.20

 24.7x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Intred is good value based on earnings compared to the Europe Telecom industry average.
  • Intred is overvalued based on earnings compared to the Italy market.
Price based on expected Growth
Does Intred's expected growth come at a high price?
Raw Data
BIT:ITD PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 24.7x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts		 2.4%per year
Europe Telecom Industry PEG Ratio Median Figure of 35 Publicly-Listed Telecom Companies 1.92x
Italy Market PEG Ratio Median Figure of 160 Publicly-Listed Companies 1.31x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Intred, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Intred's assets?
Raw Data
BIT:ITD PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €1.43
BIT:ITD Share Price * BIT (2019-07-19) in EUR €5
Italy Telecom Industry PB Ratio Median Figure of 5 Publicly-Listed Telecom Companies 3.26x
Italy Market PB Ratio Median Figure of 324 Publicly-Listed Companies 1.49x
BIT:ITD PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BIT:ITD Share Price ÷ Book Value per Share (both in EUR)

= 5 ÷ 1.43

 3.5x

* Primary Listing of Intred.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Intred is overvalued based on assets compared to the IT Telecom industry average.
Show me more potentially undervalued companies in the Telecom industry
X
Value checks
We assess Intred's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Telecom industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Telecom industry average (and greater than 0)? (1 check)
    5. Intred has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Intred expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

  • No analysts cover Intred, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
2.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Intred expected to grow at an attractive rate?
  • Intred's earnings growth is positive but not above the low risk savings rate of 2.9%.
Growth vs Market Checks
  • Intred's earnings growth is positive but not above the Italy market average.
  • Intred's revenue growth is expected to exceed the Italy market average.
Annual Growth Rates Comparison
Raw Data
BIT:ITD Future Growth Rates Data Sources
Data Point Source Value (per year)
BIT:ITD Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 2.4%
BIT:ITD Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 17.4%
Europe Telecom Industry Earnings Growth Rate Market Cap Weighted Average 13.7%
Europe Telecom Industry Revenue Growth Rate Market Cap Weighted Average 1.5%
Italy Market Earnings Growth Rate Market Cap Weighted Average 8.8%
Italy Market Revenue Growth Rate Market Cap Weighted Average 3.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BIT:ITD Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BIT:ITD Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 35 13 1
2021-12-31 29 11 1
2020-12-31 25 9 1
2019-12-31 21 7 1
BIT:ITD Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 17 7 3
2017-12-31 15 4 3
2016-12-31 12 6 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Intred's earnings are expected to grow by 2.4% yearly, however this is not considered high growth (20% yearly).
  • Intred's revenue is expected to grow by 17.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BIT:ITD Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Intred Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BIT:ITD Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31
2020-12-31
2019-12-31
BIT:ITD Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.20
2017-12-31 0.67
2016-12-31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Intred will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Intred's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Intred has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Intred performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Intred's growth in the last year to its industry (Telecom).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Intred has delivered over 20% year on year earnings growth in the past 5 years.
  • Intred's 1-year earnings growth is less than its 5-year average (26.4% vs 42.4%)
  • Intred's earnings growth has exceeded the Europe Telecom industry average in the past year (26.4% vs 8.4%).
Earnings and Revenue History
Intred's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Intred Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BIT:ITD Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 17.31 3.21 4.98
2017-12-31 14.61 2.54 3.91
2016-12-31 11.88 1.64 3.84
2015-12-31 9.23 0.87 0.03
2014-12-31 7.71 0.38 0.01

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Intred has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Intred used its assets more efficiently than the Europe Telecom industry average last year based on Return on Assets.
  • Intred's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Intred's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Telecom industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Intred has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Intred's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Intred's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Intred is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Intred's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Intred's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 4.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Intred Company Filings, last reported 6 months ago.

BIT:ITD Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 22.65 3.09 9.65
2017-12-31 9.44 5.19 1.09
2016-12-31 6.91 4.40 1.91
2015-12-31 5.27 5.77 0.46
2014-12-31 4.42 7.75 3.78
  • Intred's level of debt (13.6%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Intred's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (227.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 78x coverage).
Show me more healthy companies in the Telecom industry
X
Financial health checks
We assess Intred's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
    7. Intred has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Intred's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.4%
Current annual income from Intred dividends.
If you bought €2,000 of Intred shares you are expected to receive €8 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Intred's pays a lower dividend yield than the bottom 25% of dividend payers in Italy (2.12%).
  • Intred's dividend is below the markets top 25% of dividend payers in Italy (4.5%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BIT:ITD Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Europe Telecom Industry Average Dividend Yield Market Cap Weighted Average of 48 Stocks 5.1%
Italy Market Average Dividend Yield Market Cap Weighted Average of 185 Stocks 4.1%
Italy Minimum Threshold Dividend Yield 10th Percentile 1%
Italy Bottom 25% Dividend Yield 25th Percentile 2.1%
Italy Top 25% Dividend Yield 75th Percentile 4.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BIT:ITD Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31
2020-12-31
2019-12-31
BIT:ITD Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-04-23 0.020 0.451
2019-04-01 0.020 0.513

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Intred is not paying a notable dividend for Italy, therefore no need to check if the payments are stable.
  • Intred is not paying a notable dividend for Italy, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Intred's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Intred's dividends as it is not paying a notable one for Italy.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Intred's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Intred afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
    7. Intred has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Intred's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Daniele Peli
AGE 60
CEO Bio

Mr. Daniele Peli serves as the President of Board of Directors, Chief Executive Officer and Director of Intred S.p.A. From 1980 to 1981, Mr. Peli served in the Carabinieri forces. From 1979 to 1984 he worked as Craftsman in the firearms sector. In 1984, he joined the SOL S.p.A. group, as Technical Sales Engineer in Brescia subsidiary. In 1988, he was transferred to Monza to coordinate the development of the Home Care sector in the subsidiaries of the SOL group located in Northern Italy. In 1990, he joined the group’s international department, to start and develop the Home Care sector in major European countries (Belgium, Netherlands, Luxembourg, Germany, France, Austria, Croatia and Slovenia). In 1996, he left the SOL group to found this Company with two other founders. He got a diploma as Industrial Expert in 1979.

CEO Compensation
  • Insufficient data for Daniele to compare compensation growth.
  • Insufficient data for Daniele to establish whether their remuneration is reasonable compared to companies of similar size in Italy.
Management Team

Daniele Peli

TITLE
President of Board of Directors
AGE
60

Filippo Leone

TITLE
CFO & Investor Relations Officer

Marco Carellini

TITLE
Technical Director
AGE
40

Giulia Peli

TITLE
Marketing Director
AGE
28

Roberta Poli

TITLE
Director of HR & Customer Care
AGE
42
Board of Directors Tenure

Average tenure and age of the Intred board of directors in years:

1.3
Average Tenure
55
Average Age
  • The average tenure for the Intred board of directors is less than 3 years, this suggests a new board.
Board of Directors

Daniele Peli

TITLE
President of Board of Directors
AGE
60

Marisa Prati

TITLE
Vice President of Board of Directors
AGE
57

Vittorio Giongo

TITLE
President of Board of Auditors
AGE
44
TENURE
1.3 yrs

Adalberto Salvi

TITLE
Director
AGE
56
TENURE
1.1 yrs

Alessandro Triboldi

TITLE
Independent Director
AGE
57

Renzo Torchiani

TITLE
Director
AGE
45
TENURE
1.5 yrs

Salvatore Capatori

TITLE
Statutory Auditor
AGE
56
TENURE
3.3 yrs

Giovanbattista di Bagnolo

TITLE
Statutory Auditor
AGE
54
TENURE
1.3 yrs

Fabrizio Zanolini

TITLE
Statutory Auditor
AGE
50

Luca Locatelli

TITLE
Statutory Auditor
AGE
47
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Intred's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
    5. Intred has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Kind Of Investor Owns Most Of Intred S.p.A. (BIT:ITD)?

In the chart below below, we can see that institutions don't own many shares in the company. … See our latest analysis for Intred BIT:ITD Ownership Summary, July 5th 2019 What Does The Institutional Ownership Tell Us About Intred? … Insider Ownership Of Intred The definition of an insider can differ slightly between different countries, but members of the board of directors always count.

Simply Wall St - –

Should You Consider Intred S.p.A. (BIT:ITD)?

In the case of ITD, it is a company that has been able to sustain great financial health, trading at an attractive share price. … Excellent balance sheet and good value ITD's ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. … Also, relative to the rest of its peers with similar levels of earnings, ITD's share price is trading below the group's average.

Simply Wall St - –

Why You Should Like Intred S.p.A.’s (BIT:ITD) ROCE

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Understanding Return On Capital Employed (ROCE). … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

Simply Wall St - –

Does Intred S.p.A. (BIT:ITD) Create Value For Shareholders?

Our data shows Intred has a return on equity of 14% for the last year. … That means that for every €1 worth of shareholders' equity, it generated €0.14 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

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How Much Of Intred S.p.A. (BIT:ITD) Do Insiders Own?

A look at the shareholders of Intred S.p.A. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … With a market capitalization of €48m, Intred is a small cap stock, so it might not be well known by many institutional investors.

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Are Intred S.p.A.'s (BIT:ITD) Interest Costs Too High?

Investors are always looking for growth in small-cap stocks like Intred S.p.A. … However, an important fact which most ignore is: how financially healthy is the business? … Telecom businesses operating in the environment facing headwinds from current disruption,.

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Do Institutions Own Intred SpA (BIT:ITD) Shares?

So it's nice to see some insider ownership, because it may suggest that management is owner-oriented. … Intred is a smaller company with a market capitalization of €42m, so it may still be flying under the radar of many institutional investors. … Our analysis of the ownership of the company, below, shows that.

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What Investors Should Know About Intred SpA's (BIT:ITD) Financial Strength

Intred SpA (BIT:ITD) is a small-cap stock with a market capitalization of €43m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … So, understanding the company's financial health becomes

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Intred SpA (BIT:ITD)'s Return on Capital

This share represents a portion of capital used by the company to operate the business, and it is important the company is able to use the capital base efficiently to create adequate cash flows for you as an investor. … This is because the actual cash flow generated by the business dictates the potential for income (dividends) and capital appreciation (price increases), which are the two ways to achieve positive returns when buying a stock. … To understand Intred’s capital returns we will look at a useful metric called return on capital employed.

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How Intred SpA's (BIT:ITD) Earnings Growth Stacks Up Against The Industry

In this commentary, I will examine Intred SpA's (BIT:ITD) latest earnings update (31 December 2017) and compare these figures against its performance over the past couple of years, as well as how the rest of the telecom industry performed. … Commentary On ITD's Past Performance … ITD's trailing twelve-month earnings (from 31 December 2017) of €2.54m has

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Company Info

Description

Intred S.p.A. provides various telecommunication solutions. It offers optic fiber services, including fiber to the cabinet to meet the needs of companies that need stable solutions; and fiber to the home services for realities that handle large amounts of data and need high-performance, and stable connections. The company also provides ADSL, a connection to browse, manage e-mail, and download small files; HDSL for companies that transmit data between different locations or work with applications that can be accessed via the Internet; RDSL connections; and radio dedicated connections for those who need stability and very high bandwidth in reception and transmission. In addition, it offers integrated voice and data solutions; voice solutions for companies; and data center services. The company is based in Brescia, Italy.

Details
Name: Intred S.p.A.
ITD
Exchange: BIT
Founded:
€79,252,500
15,850,500
Website: http://www.intred.it
Address: Intred S.p.A.
Via P. Tamburini, 1,
Brescia,
Brescia, 25136,
Italy
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BIT ITD Common Shares Borsa Italiana IT EUR 18. Jul 2018
Number of employees
Current staff
Staff numbers
0
Intred employees.
Industry
Alternative Carriers
Telecom
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/20 23:16
End of day share price update: 2019/07/19 00:00
Last estimates confirmation: 2019/04/19
Last earnings filing: 2019/04/19
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.

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