IMMSI SPA (IMS) AI Stock Analysis

• Market Cap: €225.43M
• Dividend Yield: 3.32%
• Average Volume (3M): 1.00M
• Price to Earnings (P/E): 245.2
• Beta (1Y): 0.53
• Revenue Growth: -12.18%
• EPS Growth: -91.64%
• Country: IT
• Employees: 5,992
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Manufacturers
• EPS (TTM): 0.02
• Shares Outstanding: 340,530,000
• 10 Day Avg. Volume: 1,310,762
• 30 Day Avg. Volume: 1,004,734
• PEG Ratio: -0.43
• Price to Book (P/B): 0.82
• Price to Sales (P/S): 0.10
• P/FCF Ratio: -1.97
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €0.50
• Price Target Upside: -27.54% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 47 Neutral
• Price Target: €0.50 ▼(-27.54% Downside)

The overall stock score of 47 reflects significant financial challenges, with declining revenues, high leverage, and cash flow constraints being the most impactful factors. Despite bullish technical indicators, overbought conditions suggest caution. The high P/E ratio indicates overvaluation, although the dividend yield offers some compensation.

IMMSI SPA Business Overview & Revenue Model

Company Description

Immsi S.p.A. operates in industrial, property and holding, and marine sectors in Italy, rest of Europe, India, the United States, and internationally. The company manufactures two-wheeled motor vehicles, including scooters, mopeds, and motorcycles under the Piaggio, Vespa, Gilera, Aprilia, Moto Guzzi, Derbi, and Scarabeo brand names; and three-and four-wheeled light transport vehicles under the Ape and Porter names, as well as offers engines, spare parts, and accessories. It also operates a tourist and holiday resort; and invests in real estate development projects. In addition, the company constructs high speed ships, such as hydrofoils and fast ferries comprising mono-hulls and catamarans, yachts, and mine-hunters and fast patrol boats for military marines. Immsi S.p.A. was founded in 2000 and is based in Mantua, Italy.

How the Company Makes Money

IMMSI SPA generates revenue through the sale of motorcycles, scooters, and related components, leveraging its strong brand recognition, particularly in the two-wheeler market. The company earns income from both domestic and international sales, with key markets in Europe and emerging economies. Additionally, IMMSI benefits from strategic partnerships with other automotive manufacturers, which may involve joint ventures or collaborative projects, enhancing its technological capabilities and market reach. Revenue streams also include after-sales services and spare parts sales, providing ongoing income beyond initial vehicle sales. The diversification into real estate and financial services further contributes to its overall earnings, allowing the company to capitalize on various market opportunities.

IMMSI SPA Financial Statement Overview

Summary

IMMSI SPA demonstrates a mixed financial performance. While the company shows potential for revenue growth, profitability is under pressure with declining margins and low net income. High leverage and negative free cash flow pose risks, necessitating strategic focus on cost efficiency and cash flow management. Continued revenue growth and better margin control could enhance financial stability.

Income Statement

The income statement shows a mixed performance with a moderate gross profit margin and declining net profit margin. Revenue growth is inconsistent, with a significant decrease in gross profit over the TTM compared to 2024. EBIT and EBITDA margins indicate operating efficiency but have slightly declined, suggesting a need for tighter cost control. Overall, the company exhibits potential for revenue growth, but profitability remains a challenge.

Balance Sheet

The balance sheet reflects moderate leverage with a debt-to-equity ratio of 5.57, indicating high reliance on debt financing. The equity ratio has decreased, pointing to a lower portion of assets financed by stockholders' equity. Return on equity is low, reflecting profitability challenges. The balance sheet stability is a concern due to high debt levels, though it shows resilience in asset management.

Cash Flow

The cash flow analysis reveals a negative free cash flow trend, primarily due to high capital expenditures. The operating cash flow to net income ratio is strong, indicating good cash generation from operations relative to net income. However, the free cash flow to net income ratio is negative, highlighting cash flow pressures. Cash flow management needs improvement to ensure sustainable operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.13B	1.75B	2.02B	2.13B	1.71B	1.38B
Gross Profit	357.39M	667.33M	515.88M	762.82M	642.85M	531.84M
EBITDA	346.73M	276.38M	318.38M	287.73M	240.94M	196.31M
Net Income	3.28M	6.04M	19.08M	27.09M	12.27M	9.75M
Balance Sheet
Total Assets	2.41B	2.31B	2.28B	2.37B	2.31B	2.13B
Cash, Cash Equivalents and Short-Term Investments	148.13M	158.82M	209.17M	267.29M	294.16M	252.03M
Total Debt	1.17B	1.11B	1.04B	1.00B	1.06B	1.06B
Total Liabilities	2.03B	1.92B	1.88B	1.96B	1.92B	1.77B
Stockholders Equity	209.26M	219.92M	228.84M	240.26M	231.95M	229.44M
Cash Flow
Free Cash Flow	-157.11M	-90.88M	-27.42M	65.15M	38.69M	25.53M
Operating Cash Flow	88.47M	113.91M	149.14M	219.62M	198.32M	168.74M
Investing Cash Flow	-221.27M	-179.42M	-169.75M	-141.40M	-142.72M	-138.49M
Financing Cash Flow	-20.58M	26.56M	-43.80M	-103.47M	-24.54M	18.72M

IMMSI SPA Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.69
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:IMS, the sentiment is Positive. The current price of 0.69 is above the 20-day moving average (MA) of 0.56, above the 50-day MA of 0.53, and above the 200-day MA of 0.51, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 78.58 is Negative, neither overbought nor oversold. The STOCH value of 93.77 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IT:IMS.

IMMSI SPA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PIA	68 Neutral	€744.93M	16.28	10.60%	3.87%	-13.75%	-42.09%
CRL	68 Neutral	€2.58B	41.96	14.83%	0.72%	-2.99%	1.31%
LUVE	67 Neutral	€799.43M	25.51	―	1.17%	―	―
FCT	66 Neutral	€8.50B	65.57	14.30%	―	18.44%	―
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
PINF	52 Neutral	€68.12M	296.30	-25.75%	―	-14.54%	-801.97%
IMS	47 Neutral	€225.43M	245.19	0.43%	3.32%	-12.18%	-91.64%