IMMSI SPA (IMS) AI Stock Analysis

• Market Cap: €184.23M
• Dividend Yield: 3.95%
• Average Volume (3M): 1.28M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.54
• Revenue Growth: -8.90%
• EPS Growth: -98.31%
• Country: IT
• Employees: 5,992
• Sector: General
• Sector Strength: N/A
• Industry: Auto - Manufacturers
• EPS (TTM): -0.01
• Shares Outstanding: 340,530,000
• 10 Day Avg. Volume: 1,386,394
• 30 Day Avg. Volume: 1,279,535
• PEG Ratio: -19.44
• Price to Book (P/B): 0.96
• Price to Sales (P/S): 0.12
• P/FCF Ratio: 2.75
• 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: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: €0.55 ▼(-3.68% Downside)
• Action: Reiterated
• Date: 05/22/26

Positive Factors

Cash generation recovery

IMMSI’s material swing to positive operating cash flow and free cash flow provides a durable liquidity buffer. Stronger cash conversion helps service near-term obligations, fund working capital and selective capex, and reduces immediate refinancing pressure—supporting stability over coming quarters.

Negative Factors

Severe revenue contraction

An ~82% TTM revenue collapse is a structural red flag: it erodes economies of scale, weakens bargaining power with suppliers, and reduces absolute operating leverage. Restoring prior revenue levels may take multiple quarters and is essential for durable margin recovery and debt servicing capacity.

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...

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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...

How the Company Makes Money

IMMSI makes money primarily by earning returns from the operating performance of the businesses it controls and participates in, most notably Piaggio Group. The key economic engine is the sale of vehicles and related products: revenues are generat...

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IMMSI makes money primarily by earning returns from the operating performance of the businesses it controls and participates in, most notably Piaggio Group. The key economic engine is the sale of vehicles and related products: revenues are generat...

IMMSI SPA Financial Statement Overview

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.96B	1.59B	1.75B	2.02B	2.13B	1.71B
Gross Profit	413.79M	-38.82M	667.33M	515.88M	762.82M	642.85M
EBITDA	398.20M	252.86M	276.38M	318.38M	287.73M	240.94M
Net Income	-3.22M	98.00K	6.04M	19.08M	27.09M	12.27M
Balance Sheet
Total Assets	2.42B	2.24B	2.31B	2.28B	2.37B	2.31B
Cash, Cash Equivalents and Short-Term Investments	238.52M	156.27M	158.82M	209.17M	267.29M	294.16M
Total Debt	1.24B	1.15B	1.11B	1.04B	1.00B	1.06B
Total Liabilities	2.07B	1.89B	1.92B	1.88B	1.96B	1.92B
Stockholders Equity	199.19M	195.68M	219.92M	228.84M	240.26M	231.95M
Cash Flow
Free Cash Flow	102.60M	68.09M	-90.88M	-27.42M	65.15M	38.69M
Operating Cash Flow	237.82M	145.54M	113.91M	149.14M	219.62M	198.32M
Investing Cash Flow	-158.00M	-148.88M	-179.42M	-169.75M	-141.40M	-142.72M
Financing Cash Flow	13.61M	16.50M	26.56M	-43.80M	-103.47M	-24.54M

IMMSI SPA Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.57
• 50DMA: Positive
• 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 0.57 is above the 20-day moving average (MA) of 0.52, above the 50-day MA of 0.50, and above the 200-day MA of 0.54, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 59.73 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 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
LDO	72 Outperform	€30.10B	24.67	12.10%	1.05%	9.80%	13.78%
IP	60 Neutral	€3.74B	17.87	10.16%	0.72%	0.97%	-3.24%
FCT	56 Neutral	€3.96B	24.24	14.30%	―	12.19%	177.33%
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
PIA	53 Neutral	€616.10M	20.21	8.39%	4.42%	-10.40%	-46.42%
IMS	51 Neutral	€184.23M	-57.21	-0.63%	3.95%	-8.90%	-98.31%
PINF	46 Neutral	€63.56M	-18.20	-26.84%	―	36.39%	54.29%