Immobiliare Grande Distribuzione SIIQ S.p.A. Logo

Immobiliare Grande Distribuzione SIIQ S.p.A.

IGD.MI

(1.0)
Stock Price

2,19 EUR

-3.62% ROA

-6.68% ROE

-4.05x PER

Market Cap.

271.993.030,00 EUR

83.91% DER

0% Yield

-45.36% NPM

Immobiliare Grande Distribuzione SIIQ S.p.A. Stock Analysis

Immobiliare Grande Distribuzione SIIQ S.p.A. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Immobiliare Grande Distribuzione SIIQ S.p.A. Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.23x), the stock offers substantial upside potential at a bargain price.

2 DER

The stock has a reasonable amount of debt compared to its ownership (96%), suggesting a balanced financial position and a moderate level of risk.

3 Graham Number

The Graham number calculation reveals that this company's stock price is potentially underestimated, implying that it may be a promising investment option.

4 ROE

The stock's ROE indicates a negative return (-8.56%) on shareholders' equity, suggesting poor financial performance.

5 ROA

The stock's ROA (-4.54%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

6 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

7 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

8 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

9 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

10 Dividend

No dividends from the company in the past three years raises doubts about its profitability for shareholders.

11 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is overpriced (-3), presenting a possible disadvantage for investors as its market price surpasses its estimated intrinsic value.

Immobiliare Grande Distribuzione SIIQ S.p.A. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Immobiliare Grande Distribuzione SIIQ S.p.A. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Immobiliare Grande Distribuzione SIIQ S.p.A. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Immobiliare Grande Distribuzione SIIQ S.p.A. Revenue
Year Revenue Growth
2003 54.692.459
2004 51.278.881 -6.66%
2005 51.246.782 -0.06%
2006 57.834.190 11.39%
2007 67.135.721 13.85%
2008 87.757.000 23.5%
2009 106.287.000 17.43%
2010 109.882.000 3.27%
2011 117.541.000 6.52%
2012 117.979.000 0.37%
2013 121.692.000 3.05%
2014 117.044.000 -3.97%
2015 123.431.000 5.17%
2016 133.295.000 7.4%
2017 144.031.000 7.45%
2018 156.205.000 7.79%
2019 155.665.000 -0.35%
2020 146.286.000 -6.41%
2021 145.535.000 -0.52%
2022 144.790.000 -0.51%
2023 141.192.000 -2.55%
2023 156.705.000 9.9%
2024 140.840.000 -11.26%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Immobiliare Grande Distribuzione SIIQ S.p.A. Research and Development Expenses
Year Research and Development Expenses Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 1 0%
2017 1 0%
2018 0 0%
2019 0 0%
2020 -1 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 -1 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Immobiliare Grande Distribuzione SIIQ S.p.A. General and Administrative Expenses
Year General and Administrative Expenses Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 84.000 100%
2013 100.000 16%
2014 94.000 -6.38%
2015 73.000 -28.77%
2016 1.734.000 95.79%
2017 1.632.000 -6.25%
2018 -428.000 481.31%
2019 10.778.000 103.97%
2020 11.003.001 2.04%
2021 14.033.000 21.59%
2022 533.000 -2532.83%
2023 0 0%
2023 440.000 100%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Immobiliare Grande Distribuzione SIIQ S.p.A. EBITDA
Year EBITDA Growth
2003 31.306.796
2004 34.208.029 8.48%
2005 -54.382.471 162.9%
2006 -62.079.980 12.4%
2007 7.324.975 947.51%
2008 62.271.000 88.24%
2009 65.255.000 4.57%
2010 76.985.000 15.24%
2011 92.042.000 16.36%
2012 75.219.000 -22.37%
2013 70.328.000 -6.95%
2014 68.559.000 -2.58%
2015 74.319.000 7.75%
2016 83.722.000 11.23%
2017 93.717.000 10.67%
2018 106.858.000 12.3%
2019 118.452.000 9.79%
2020 108.828.000 -8.84%
2021 111.843.000 2.7%
2022 10.547.000 -960.42%
2023 86.864.000 87.86%
2023 106.178.000 18.19%
2024 98.404.000 -7.9%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Immobiliare Grande Distribuzione SIIQ S.p.A. Gross Profit
Year Gross Profit Growth
2003 50.659.223
2004 48.794.732 -3.82%
2005 16.574.566 -194.4%
2006 962.934 -1621.26%
2007 45.333.254 97.88%
2008 58.984.000 23.14%
2009 79.196.000 25.52%
2010 84.241.000 5.99%
2011 101.053.000 16.64%
2012 91.684.000 -10.22%
2013 89.160.000 -2.83%
2014 84.565.000 -5.43%
2015 90.642.000 6.7%
2016 99.910.000 9.28%
2017 106.630.000 6.3%
2018 118.125.000 9.73%
2019 129.837.000 9.02%
2020 122.855.000 -5.68%
2021 121.503.000 -1.11%
2022 108.590.000 -11.89%
2023 120.688.000 10.02%
2023 131.683.000 8.35%
2024 118.548.000 -11.08%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Immobiliare Grande Distribuzione SIIQ S.p.A. Net Profit
Year Net Profit Growth
2003 8.464.192
2004 6.506.122 -30.1%
2005 43.274.403 84.97%
2006 126.472.004 65.78%
2007 75.099.762 -68.41%
2008 -21.881.000 443.22%
2009 20.408.000 207.22%
2010 29.272.000 30.28%
2011 30.018.000 2.49%
2012 11.288.000 -165.93%
2013 4.998.000 -125.85%
2014 7.302.000 31.55%
2015 45.639.000 84%
2016 68.329.000 33.21%
2017 86.454.000 20.96%
2018 46.388.000 -86.37%
2019 12.591.000 -268.42%
2020 -74.321.000 116.94%
2021 52.769.000 240.84%
2022 -22.315.000 336.47%
2023 32.436.000 168.8%
2023 -81.732.000 139.69%
2024 -147.488.000 44.58%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Immobiliare Grande Distribuzione SIIQ S.p.A. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2003 0
2004 1 100%
2005 1 0%
2006 3 66.67%
2007 2 -200%
2008 -1 0%
2009 0 0%
2010 1 0%
2011 1 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 1 0%
2016 1 0%
2017 1 100%
2018 0 0%
2019 0 0%
2020 -1 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 -1 0%
2024 -1 100%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Immobiliare Grande Distribuzione SIIQ S.p.A. Free Cashflow
Year Free Cashflow Growth
2003 -22.363.530
2004 -50.713.168 55.9%
2005 21.526.546 335.58%
2006 -89.631.416 124.02%
2007 1.335.873 6809.58%
2008 -95.707.000 101.4%
2009 -189.544.000 49.51%
2010 -79.237.000 -139.21%
2011 -65.751.000 -20.51%
2012 21.036.000 412.56%
2013 18.217.000 -15.47%
2014 -96.054.000 118.97%
2015 28.578.000 436.11%
2016 -32.321.000 188.42%
2017 45.862.000 170.47%
2018 60.686.000 24.43%
2019 52.298.000 -16.04%
2020 39.189.000 -33.45%
2021 59.965.000 34.65%
2022 50.289.000 -19.24%
2023 54.198.000 7.21%
2023 16.863.000 -221.4%
2024 -3.396.999 596.41%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Immobiliare Grande Distribuzione SIIQ S.p.A. Operating Cashflow
Year Operating Cashflow Growth
2003 14.573.742
2004 22.763.886 35.98%
2005 21.526.546 -5.75%
2006 10.153.230 -112.02%
2007 19.639.752 48.3%
2008 15.711.000 -25.01%
2009 -13.956.000 212.58%
2010 49.094.000 128.43%
2011 62.154.000 21.01%
2012 34.841.000 -78.39%
2013 44.083.000 20.96%
2014 41.666.000 -5.8%
2015 58.351.000 28.59%
2016 43.396.000 -34.46%
2017 78.420.000 44.66%
2018 80.965.000 3.14%
2019 92.534.000 12.5%
2020 54.034.000 -71.25%
2021 78.681.000 31.33%
2022 82.984.000 5.19%
2023 77.380.000 -7.24%
2023 24.093.000 -221.17%
2024 -27.999 86149.5%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Immobiliare Grande Distribuzione SIIQ S.p.A. Capital Expenditure
Year Capital Expenditure Growth
2003 36.937.272
2004 73.477.054 49.73%
2005 0 0%
2006 99.784.646 100%
2007 18.303.879 -445.16%
2008 111.418.000 83.57%
2009 175.588.000 36.55%
2010 128.331.000 -36.82%
2011 127.905.000 -0.33%
2012 13.805.000 -826.51%
2013 25.866.000 46.63%
2014 137.720.000 81.22%
2015 29.773.000 -362.57%
2016 75.717.000 60.68%
2017 32.558.000 -132.56%
2018 20.279.000 -60.55%
2019 40.236.000 49.6%
2020 14.845.000 -171.04%
2021 18.716.000 20.68%
2022 32.695.000 42.76%
2023 23.182.000 -41.04%
2023 7.230.000 -220.64%
2024 3.369.000 -114.6%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Immobiliare Grande Distribuzione SIIQ S.p.A. Equity
Year Equity Growth
2003 229.323.626
2004 226.584.714 -1.21%
2005 527.234.035 57.02%
2006 580.330.820 9.15%
2007 741.013.464 21.68%
2008 742.816.000 0.24%
2009 747.533.000 0.63%
2010 773.454.000 3.35%
2011 767.053.000 -0.83%
2012 753.566.000 -1.79%
2013 763.692.000 1.33%
2014 960.818.000 20.52%
2015 1.032.203.000 6.92%
2016 1.069.426.000 3.48%
2017 2.175.880.000 50.85%
2018 2.360.538.000 7.82%
2019 2.373.826.000 0.56%
2020 2.270.074.000 -4.57%
2021 2.157.729.000 -5.21%
2022 2.098.915.000 -2.8%
2023 1.969.132.000 -6.59%
2023 1.048.508.000 -87.8%
2024 970.081.000 -8.08%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Immobiliare Grande Distribuzione SIIQ S.p.A. Assets
Year Assets Growth
2003 400.292.806
2004 455.369.824 12.1%
2005 768.083.209 40.71%
2006 1.033.597.743 25.69%
2007 1.362.791.686 24.16%
2008 1.674.899.000 18.63%
2009 1.920.898.000 12.81%
2010 1.946.931.000 1.34%
2011 2.010.772.000 3.17%
2012 1.994.629.000 -0.81%
2013 1.981.388.000 -0.67%
2014 2.034.071.000 2.59%
2015 2.174.595.000 6.46%
2016 2.239.238.000 2.89%
2017 2.278.312.000 1.72%
2018 2.462.191.000 7.47%
2019 2.605.459.000 5.5%
2020 2.476.656.000 -5.2%
2021 2.405.607.000 -2.95%
2022 2.210.776.000 -8.81%
2023 2.060.742.000 -7.28%
2023 2.127.473.000 3.14%
2024 1.864.195.000 -14.12%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Immobiliare Grande Distribuzione SIIQ S.p.A. Liabilities
Year Liabilities Growth
2003 169.276.227
2004 228.785.110 26.01%
2005 240.849.174 5.01%
2006 453.266.923 46.86%
2007 621.778.222 27.1%
2008 932.022.000 33.29%
2009 1.173.365.000 20.57%
2010 1.173.477.000 0.01%
2011 1.243.719.000 5.65%
2012 1.241.063.000 -0.21%
2013 1.217.696.000 -1.92%
2014 1.073.253.000 -13.46%
2015 1.142.392.000 6.05%
2016 1.169.812.000 2.34%
2017 1.162.559.000 -0.62%
2018 1.209.853.000 3.91%
2019 1.394.445.000 13.24%
2020 1.362.214.000 -2.37%
2021 1.233.849.000 -10.4%
2022 1.088.976.000 -13.3%
2023 1.060.209.000 -2.71%
2023 1.078.965.000 1.74%
2024 894.114.000 -20.67%

Immobiliare Grande Distribuzione SIIQ S.p.A. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
1.34
Net Income per Share
-0.61
Price to Earning Ratio
-4.05x
Price To Sales Ratio
1.84x
POCF Ratio
5.78
PFCF Ratio
10.48
Price to Book Ratio
0.28
EV to Sales
7.36
EV Over EBITDA
10.73
EV to Operating CashFlow
23.17
EV to FreeCashFlow
42.02
Earnings Yield
-0.25
FreeCashFlow Yield
0.1
Market Cap
0,27 Bil.
Enterprise Value
1,09 Bil.
Graham Number
10.98
Graham NetNet
-7.85

Income Statement Metrics

Net Income per Share
-0.61
Income Quality
-0.7
ROE
-0.07
Return On Assets
-0.04
Return On Capital Employed
0.06
Net Income per EBT
1
EBT Per Ebit
-0.68
Ebit per Revenue
0.67
Effective Tax Rate
-0

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.85
Operating Profit Margin
0.67
Pretax Profit Margin
-0.45
Net Profit Margin
-0.45

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
0.43
Free CashFlow per Share
0.24
Capex to Operating CashFlow
0.45
Capex to Revenue
0.14
Capex to Depreciation
7.36
Return on Invested Capital
0.06
Return on Tangible Assets
-0.04
Days Sales Outstanding
27.02
Days Payables Outstanding
241.24
Days of Inventory on Hand
389.33
Receivables Turnover
13.51
Payables Turnover
1.51
Inventory Turnover
0.94
Capex per Share
0.19

Balance Sheet

Cash per Share
0,07
Book Value per Share
8,79
Tangible Book Value per Share
8.72
Shareholders Equity per Share
8.79
Interest Debt per Share
7.93
Debt to Equity
0.84
Debt to Assets
0.44
Net Debt to EBITDA
8.06
Current Ratio
0.54
Tangible Asset Value
0,96 Bil.
Net Current Asset Value
-0,85 Bil.
Invested Capital
-21561000
Working Capital
-0,04 Bil.
Intangibles to Total Assets
0
Average Receivables
0,01 Bil.
Average Payables
0,02 Bil.
Average Inventory
24142000
Debt to Market Cap
2.99

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Immobiliare Grande Distribuzione SIIQ S.p.A. Dividends
Year Dividends Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 1 0%
2019 1 0%
2020 0 0%
2022 0 0%
2023 0 0%

Immobiliare Grande Distribuzione SIIQ S.p.A. Profile

About Immobiliare Grande Distribuzione SIIQ S.p.A.

Immobiliare Grande Distribuzione SIIQ S.p.A. is one of the main players in Italy's retail real estate market: it develops and manages shopping centers throughout the country and has a significant presence in Romanian retail distribution. Listed on the Star Segment of the Italian Stock Exchange, IGD was the first SIIQ (Società di Investimento Immobiliare Quotata or real estate investment trust) in Italy. IGD has a real estate portfolio valued at circa €2,322.62 million at 30 June 2020, comprised of, in Italy, 25 hypermarkets and supermarkets, 27 shopping malls and retail parks, 1 plot of land for development, 1 property held for trading and 5 other real estate properties. Following the acquisition of the company Winmark Magazine SA in 2008 14 shopping centers and an office building, found in 13 different Romanian cities, were added to the portfolio. An extensive domestic presence, a solid financial structure, the ability to plan, monitor and manage all phases of a center's life cycle, leadership in the retail real estate sector: these qualities summarize IGD's strong points.

CEO
Mr. Andrea Bonvicini
Employee
138
Address
Via Trattati Comunitari Europei1957-2007
Bologna, 40127

Immobiliare Grande Distribuzione SIIQ S.p.A. Executives & BODs

Immobiliare Grande Distribuzione SIIQ S.p.A. Executives & BODs
# Name Age
1 Mr. Andrea Bonvicini
Director of Finance Division
70
2 Mr. Raffaele Nardi
Director of Planning, Control & Investor Relations
70
3 Mr. Carlo Barban
Director of Admin, Legal & Corporation Affairs, Contracts, HR & IT and Financial Reporting Officer
70
4 Laura Poggi
Head of Commercial Department
70
5 Mr. Roberto Zoia
Executive Director
70
6 Ms. Claudia Contarini
Investor Relations Manager
70

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