IMMSI SPA (IMS) AI Stock Analysis

• Market Cap: €189.68M
• Dividend Yield: 3.95%
• Average Volume (3M): 1.28M
• Price to Earnings (P/E): 206.3
• Beta (1Y): 0.52
• 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: 1,386,394
• 30 Day Avg. Volume: 1,279,535
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 52 Neutral
• Price Target: €0.57 ▲(2.73% Upside)

IMMSI SPA's overall stock score reflects a combination of mixed financial performance, neutral technical indicators, and high valuation concerns. The company's high leverage and cash flow constraints are significant risks, while the dividend yield offers some compensation for the high P/E ratio.

Positive Factors

Revenue Growth

The positive revenue growth indicates a recovery and potential for future expansion, suggesting resilience in the company's market position.

Product Portfolio

A diversified product portfolio across automotive and industrial sectors provides a stable revenue base and reduces dependency on a single market.

Strategic Partnerships

Partnerships with industry players can lead to improved distribution networks and cost efficiencies, supporting long-term growth.

Negative Factors

High Leverage

High leverage increases financial risk and can limit the company's ability to invest in growth opportunities, affecting long-term stability.

Cash Flow Constraints

Weak cash generation limits the company's ability to fund operations and invest in future growth, posing a risk to financial health.

Low Profitability Margins

Low profitability margins suggest challenges in cost management and pricing power, potentially impacting long-term competitiveness.

IMMSI SPA Business Overview & Revenue Model

Company Description

IMMSI SPA (IMS) is an Italian holding company primarily engaged in the sectors of automotive, industrial machinery, and real estate. The company operates through its subsidiaries, which include renowned brands in the motorcycle and automotive industries, as well as investments in various industrial sectors. IMS is known for its strong portfolio of products, including vehicles, spare parts, and machinery, catering to both domestic and international markets.

How the Company Makes Money

IMMSI SPA generates revenue through multiple streams, primarily from the sale of vehicles and motorcycle products. The company earns money by manufacturing and distributing a range of automobiles and motorcycles under its subsidiaries, which include well-established brands. Additionally, IMS generates income through the sale of spare parts and accessories, as well as offering maintenance and repair services. The company also benefits from strategic partnerships with other industry players, enhancing its market reach and operational efficiency. Real estate investments contribute to its earnings as well, providing rental income and capital appreciation over time.

IMMSI SPA Financial Statement Overview

Summary

IMMSI SPA's financial performance is mixed. Positive revenue growth is overshadowed by low profitability margins and high leverage, posing financial stability risks. Cash flow constraints further challenge the company's financial health, necessitating improvements in operational efficiency and debt management.

Income Statement

IMMSI SPA's income statement shows moderate performance with a gross profit margin of 33.23% in TTM, which is a decrease from the previous year. The net profit margin is very low at 0.06%, indicating minimal profitability. Revenue growth is positive at 8.6% TTM, recovering from a decline in the previous year. However, the EBIT and EBITDA margins have slightly decreased, suggesting pressure on operational efficiency.

Balance Sheet

The balance sheet reflects high leverage with a debt-to-equity ratio of 5.62 in TTM, indicating significant reliance on debt financing. Return on equity is low at 0.44%, showing limited returns to shareholders. The equity ratio stands at 8.20%, suggesting a low proportion of equity in the asset base, which could pose financial stability risks.

Cash Flow

Cash flow analysis reveals challenges with negative free cash flow growth of -52.7% in TTM, indicating cash flow constraints. The operating cash flow to net income ratio is 8.12%, showing weak cash generation relative to net income. The free cash flow to net income ratio is negative, highlighting cash flow issues despite reported earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.62B	1.75B	2.02B	2.13B	1.71B	1.38B
Gross Profit	640.22M	667.33M	515.88M	762.82M	642.85M	531.84M
EBITDA	264.36M	276.38M	318.38M	287.73M	240.94M	196.31M
Net Income	-1.30M	6.04M	19.08M	27.09M	12.27M	9.75M
Balance Sheet
Total Assets	2.33B	2.31B	2.28B	2.37B	2.31B	2.13B
Cash, Cash Equivalents and Short-Term Investments	189.00M	158.82M	209.17M	267.29M	294.16M	252.03M
Total Debt	1.12B	1.11B	1.04B	1.00B	1.06B	1.06B
Total Liabilities	1.97B	1.92B	1.88B	1.96B	1.92B	1.77B
Stockholders Equity	190.75M	219.92M	228.84M	240.26M	231.95M	229.44M
Cash Flow
Free Cash Flow	-46.22M	-90.88M	-27.42M	65.15M	38.69M	25.53M
Operating Cash Flow	139.43M	113.91M	149.14M	219.62M	198.32M	168.74M
Investing Cash Flow	-169.54M	-179.42M	-169.75M	-141.40M	-142.72M	-138.49M
Financing Cash Flow	-35.90M	26.56M	-43.80M	-103.47M	-24.54M	18.72M

IMMSI SPA Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.55
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 0.55 is below the 20-day moving average (MA) of 0.55, below the 50-day MA of 0.56, and above the 200-day MA of 0.53, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 53.23 is Neutral, neither overbought nor oversold. The STOCH value of 31.45 is Neutral, 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
CRL	71 Outperform	€2.75B	41.78	15.31%	0.67%	3.99%	27.12%
LUVE	66 Neutral	€863.83M	24.11	―	1.08%	―	―
FCT	63 Neutral	€5.46B	42.05	14.30%	―	18.44%	―
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
PIA	58 Neutral	€646.01M	17.41	9.15%	4.42%	-10.26%	-45.52%
IMS	52 Neutral	€189.68M	206.30	0.43%	3.95%	-12.18%	-91.64%
PINF	46 Neutral	€66.23M	-7.73	-26.58%	―	-9.84%	-4133.33%