OTCPK:IFSU.F

Stock Analysis Report

Infrastrutture Wireless Italiane

Executive Summary

Infrastrutture Wireless Italiane S.p.A. operates in telco infrastructure business in Italy.

Snowflake

Fundamentals

Proven track record with moderate growth potential.

Share Price & News

How has Infrastrutture Wireless Italiane's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

IFSU.F

-1.1%

US Telecom

-0.2%

US Market


1 Year Return

n/a

IFSU.F

7.0%

US Telecom

1.1%

US Market

No trading data on IFSU.F.

No trading data on IFSU.F.


Share holder returns

IFSU.FIndustryMarket
7 Day0%-1.1%-0.2%
30 Day0%5.6%2.5%
90 Day7.9%8.8%1.6%
1 Yearn/a12.7%7.0%3.4%1.1%
3 Yearn/a14.4%-2.2%45.2%35.8%
5 Yearn/a34.8%3.9%62.6%44.8%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

39.23x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Infrastrutture Wireless Italiane's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Infrastrutture Wireless Italiane's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Infrastrutture Wireless Italiane is overvalued based on earnings compared to the US Telecom industry average.

Infrastrutture Wireless Italiane is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Infrastrutture Wireless Italiane is poor value based on expected growth next year.


Price Based on Value of Assets

Infrastrutture Wireless Italiane is overvalued based on assets compared to the US Telecom industry average.


Next Steps

Future Growth

How is Infrastrutture Wireless Italiane expected to perform in the next 1 to 3 years based on estimates from 14 analysts?

14.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Infrastrutture Wireless Italiane's revenue is expected to grow by 7.4% yearly, however this is not considered high growth (20% yearly).

Infrastrutture Wireless Italiane's earnings are expected to grow by 14.4% yearly, however this is not considered high growth (20% yearly).

Infrastrutture Wireless Italiane's revenue growth is expected to exceed the United States of America market average.

Infrastrutture Wireless Italiane's earnings growth is expected to exceed the United States of America market average.

Infrastrutture Wireless Italiane's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Infrastrutture Wireless Italiane is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Infrastrutture Wireless Italiane performed over the past 5 years?

18.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Infrastrutture Wireless Italiane's year on year earnings growth rate has been positive over the past 5 years.

Infrastrutture Wireless Italiane's 1-year earnings growth is less than its 5-year average (1.4% vs 18.5%)

Infrastrutture Wireless Italiane's earnings growth has exceeded the US Telecom industry average in the past year (1.4% vs -18%).


Return on Equity

Infrastrutture Wireless Italiane has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Infrastrutture Wireless Italiane used its assets more efficiently than the US Telecom industry average last year based on Return on Assets.


Return on Capital Employed

Infrastrutture Wireless Italiane has improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Infrastrutture Wireless Italiane's financial position?


Financial Position Analysis

Infrastrutture Wireless Italiane's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Infrastrutture Wireless Italiane's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Infrastrutture Wireless Italiane's level of debt (12.1%) compared to net worth is satisfactory (less than 40%).

Unable to establish if Infrastrutture Wireless Italiane's debt level has increased without past 5-year debt data.

Debt is well covered by operating cash flow (125.8%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 19.3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1x debt.


Next Steps

Dividend

What is Infrastrutture Wireless Italiane's current dividend yield, its reliability and sustainability?

2.72%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Infrastrutture Wireless Italiane's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

Infrastrutture Wireless Italiane's dividend is below the markets top 25% of dividend payers in United States of America (3.71%).

Whilst dividend payments have been stable, Infrastrutture Wireless Italiane has been paying a dividend for less than 10 years.

Dividend payments have increased, but Infrastrutture Wireless Italiane only paid a dividend in the past 3 years.


Current Payout to Shareholders

Dividends paid are not well covered by earnings (1.1x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.4x coverage).


Next Steps

Management

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

2.4yrs

Average board tenure


CEO

Giovanni Ferigo (60yo)

1.4yrs

Tenure

0

Mr. Giovanni Ferigo has been CEO and Director of Infrastrutture Wireless Italiane (Inwit) S.p.A since April 2018. Mr. Ferigo served as a Director of TIM Participações S.A. from March 16, 2018 to January 11 ...


Board Age and Tenure

2.4yrs

Average Tenure

53yo

Average Age

The average tenure for the Infrastrutture Wireless Italiane board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Franco Regis (62yo)

    Head of Procurement

    • Tenure: 0yrs
  • Andrea Balzarini (49yo)

    Head of Business Support

    • Tenure: 2.1yrs
  • Valeria Savarese

    Head of Legal

    • Tenure: 0yrs
  • Rafael Perrino

    Chief Financial Officer

    • Tenure: 0yrs
  • Giovanni Ferigo (60yo)

    CEO & Director

    • Tenure: 1.4yrs
  • Michele Vitale

    Head of Investor Relations

    • Tenure: 0yrs
  • Gabriella Raffaele

    Head of HR

    • Tenure: 0yrs
  • Salvatore Lo Giudice

    Secretary of the Board of Director and Director of Legal of Corporate Affairs & Compliance

    • Tenure: 0yrs

Board Members

  • Enrico Bignami (62yo)

    Lead Independent Director

    • Tenure: 0yrs
  • Piergiorgio Peluso (51yo)

    Chairman of the Board

    • Tenure: 0yrs
    • Compensation: €28.48k
  • Luca Guarna (47yo)

    Independent Director

    • Tenure: 2.4yrs
  • Filomena Passeggio

    Independent Director

    • Tenure: 2.4yrs
  • Gigliola Bonino (53yo)

    Director

    • Tenure: 0yrs
  • Stefano Sarubbi

    Chairman of Statutory Auditors Board

    • Tenure: 0yrs
  • Agostino Nuzzolo (51yo)

    Director

    • Tenure: 2.4yrs
  • Giovanni Ferigo (60yo)

    CEO & Director

    • Tenure: 1.4yrs
  • Francesca Balzani (53yo)

    Independent Director

    • Tenure: 0yrs
  • Laura Cavatorta

    Independent Director

    • Tenure: 0yrs

Company Information

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


Key Information

  • Name: Infrastrutture Wireless Italiane S.p.A.
  • Ticker: IFSU.F
  • Exchange: OTCPK
  • Founded: 2015
  • Industry: Integrated Telecommunication Services
  • Sector: Telecom
  • Market Cap: €5.485b
  • Listing Market Cap: €6.061b
  • Shares outstanding: 599.78m
  • Website: https://www.inwit.it

Number of Employees


Location

  • Infrastrutture Wireless Italiane S.p.A.
  • Via Giorgio Vasari, 19
  • Milan
  • Milan
  • 20135
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
INWBIT (Borsa Italiana)YesCommon StockITEURJun 2015
WI8DB (Deutsche Boerse AG)YesCommon StockDEEURJun 2015
0R8SLSE (London Stock Exchange)YesCommon StockGBEURJun 2015
IFSU.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJun 2015

Biography

Infrastrutture Wireless Italiane S.p.A. operates in telco infrastructure business in Italy. The company constructs and operates towers. It offers integrated hosting services to create wireless networks, an ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/20 01:21
End of Day Share Price2019/08/01 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.