Inwit (INW) AI Stock Analysis

• Market Cap: €6.86B
• Dividend Yield: 6.5%
• Average Volume (3M): 1.38M
• Price to Earnings (P/E): 19.2
• Beta (1Y): 0.31
• Revenue Growth: 5.02%
• EPS Growth: 4.60%
• Country: IT
• Employees: 328
• Sector: Services
• Sector Strength: N/A
• Industry: Real Estate - Services
• EPS (TTM): 0.10
• Shares Outstanding: 931,890,000
• 10 Day Avg. Volume: 1,205,163
• 30 Day Avg. Volume: 1,382,334
• PEG Ratio: 4.66
• Price to Book (P/B): 2.25
• Price to Sales (P/S): 8.84
• P/FCF Ratio: 19.52
• 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: €11.06
• Price Target Upside: 43.26% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 5
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 69 Neutral
• Price Target: €8.00 ▲(3.63% Upside)

Inwit's overall stock score is driven by strong financial performance and a fair valuation, supported by a high dividend yield. However, technical analysis indicates bearish momentum, and the earnings call highlights challenges in the market environment and postponed projects, which temper the overall outlook.

Positive Factors

Revenue Growth

Consistent revenue and EBITDA growth indicate strong market demand and effective operational management, supporting long-term stability.

Cash Flow Generation

Strong cash flow generation enhances financial flexibility, enabling strategic investments and resilience against market fluctuations.

Infrastructure Expansion

Ongoing infrastructure expansion strengthens Inwit's market position and supports future revenue growth through increased service capacity.

Negative Factors

Postponed Projects

Postponement of projects could delay revenue growth and impact strategic objectives, reflecting challenges in executing planned expansions.

Market Challenges

A challenging market environment may hinder growth opportunities and pressure margins, affecting long-term profitability and strategic plans.

Lower Growth Expectations

Reduced growth expectations for 2026-2030 suggest potential headwinds in achieving strategic targets, impacting investor confidence and valuation.

Inwit Business Overview & Revenue Model

Company Description

Inwit (INW) is a leading Italian telecommunications infrastructure company that specializes in the deployment and management of mobile and fixed telecommunications networks. The company operates in the telecommunications sector, focusing primarily on providing tower and site management services for mobile operators. Inwit plays a crucial role in enhancing connectivity by hosting antennas and equipment for various telecom operators, thus facilitating the expansion of mobile broadband services across Italy.

How the Company Makes Money

Inwit generates revenue primarily through the leasing of its tower and site infrastructure to mobile network operators. The company has a diversified revenue model that includes long-term lease contracts with telecom companies, which pay fees for the use of Inwit's towers and sites to enhance their network coverage. Additionally, Inwit benefits from ancillary services such as power supply management and maintenance of telecommunications equipment. Strategic partnerships with major telecom operators in Italy further bolster its revenue, as these collaborations often lead to increased demand for infrastructure as operators expand their networks to accommodate growing data traffic. The company's focus on expanding its site portfolio and optimizing existing assets also contributes to its financial performance.

Inwit Financial Statement Overview

Summary

Inwit shows strong financial performance with high profitability and efficient operations. The balance sheet is solid, though increasing leverage warrants attention. Cash flow management needs improvement, particularly in free cash flow generation. Overall, the company is well-positioned but should focus on managing debt levels and enhancing cash flow.

Income Statement

Inwit demonstrates strong profitability with high gross and net profit margins, consistently above 90% and 33% respectively. Revenue growth is steady, with a notable increase in the TTM period. EBIT and EBITDA margins are robust, indicating efficient operations. However, the slight decline in EBIT margin over the TTM period suggests potential cost pressures.

Balance Sheet

The company maintains a moderate debt-to-equity ratio, which has increased slightly in the TTM period, indicating higher leverage. Return on equity is stable, reflecting efficient use of equity capital. The equity ratio remains healthy, suggesting a balanced capital structure. However, the rising debt levels could pose a risk if not managed carefully.

Cash Flow

Operating cash flow is strong, but free cash flow has seen a decline in the TTM period, indicating potential challenges in cash generation. The operating cash flow to net income ratio is healthy, suggesting good cash conversion. However, the negative free cash flow growth rate is a concern and could impact future liquidity.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.06B	1.04B	960.29M	852.99M	785.15M	663.41M
Gross Profit	927.25M	982.97M	915.23M	809.47M	739.95M	624.27M
EBITDA	956.36M	941.54M	874.67M	773.16M	709.98M	600.02M
Net Income	360.14M	353.90M	339.50M	293.34M	191.40M	156.67M
Balance Sheet
Total Assets	9.48B	9.48B	9.35B	9.26B	9.36B	9.09B
Cash, Cash Equivalents and Short-Term Investments	109.95M	115.13M	95.08M	72.85M	96.32M	120.21M
Total Debt	5.05B	4.64B	4.30B	4.15B	4.15B	3.83B
Total Liabilities	5.80B	5.40B	5.01B	4.80B	4.88B	4.50B
Stockholders Equity	3.68B	4.08B	4.34B	4.47B	4.48B	4.58B
Cash Flow
Free Cash Flow	478.31M	469.00M	511.73M	431.95M	49.44M	397.33M
Operating Cash Flow	752.64M	762.86M	811.20M	686.97M	217.82M	486.63M
Investing Cash Flow	-277.38M	-302.72M	-269.86M	-254.56M	-168.31M	-2.21B
Financing Cash Flow	-402.22M	-441.20M	-519.13M	-455.88M	-73.40M	1.77B

Inwit Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 7.72
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:INW, the sentiment is Negative. The current price of 7.72 is above the 20-day moving average (MA) of 7.68, below the 50-day MA of 8.53, and below the 200-day MA of 9.42, indicating a bearish trend. The MACD of -0.25 indicates Negative momentum. The RSI at 34.04 is Neutral, neither overbought nor oversold. The STOCH value of 40.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IT:INW.

Inwit Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SOL	73 Outperform	€4.35B	27.86	15.43%	0.81%	11.37%	10.82%
INW	69 Neutral	€6.86B	19.19	9.47%	6.50%	5.02%	4.60%
ENEL	67 Neutral	€89.15B	13.97	23.22%	5.13%	-3.10%	26.28%
A2A	66 Neutral	€7.08B	9.67	13.23%	4.44%	8.61%	-22.69%
ACE	64 Neutral	€4.64B	10.05	14.57%	4.39%	-26.96%	25.00%
IRE	61 Neutral	€3.23B	10.95	9.51%	5.12%	10.48%	9.06%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%

Inwit Corporate Events

INWIT Reports Revenue Growth and Infrastructure Expansion Amid Telecom Market Challenges

INWIT reported a 4.1% increase in revenue for Q3 2025, driven by new hostings, indoor coverages, and inflation adjustments. Despite the challenging telecom market, INWIT continues to invest in infrastructure, adding 180 new towers and updating its 2026-2030 guidance to reflect market difficulties. The company maintains strong financial metrics, including a stable EBITDA margin and a high tenancy ratio, reinforcing its resilience and commitment to supporting telecom operators.

Morgan Stanley Engages in Significant Trading of INWIT Shares

Morgan Stanley & Co. International PLC has conducted multiple transactions involving shares of Infrastrutture Wireless Italiane S.p.A. on various European markets, including Euronext Milano, CBOE Europe DXE, Turquoise Europe, and Aquis Exchange EU. These transactions, executed in early October 2025, reflect active trading in INWIT’s securities, potentially impacting the company’s market presence and stakeholder interests.

INWIT Successfully Completes Bond Repurchase Offer

INWIT successfully concluded a bond repurchase offer, accepting 526.7 million euros worth of bonds maturing in 2026, which represents 75.25% of the remaining bonds in circulation. This move follows the issuance of a sustainability-linked bond and is expected to impact the company’s financial strategy and market positioning positively.

INWIT Completes First Tranche of Treasury Share Buyback

INWIT has completed the first tranche of its treasury share buyback program, acquiring 29,518,075 shares, which represents 3.168% of its share capital, for a total value of approximately 300 million euros. This move is part of a strategic initiative authorized by the shareholders and board of directors to optimize the company’s capital structure and potentially enhance shareholder value.

INWIT Launches First Sustainability-Linked Bond Amid Strong Investor Demand

INWIT has successfully placed its first sustainability-linked bond, raising 850 million euros, with investor demand exceeding the offer by three times. This issuance, tied to carbon emission reduction goals, reflects INWIT’s commitment to sustainability and financial optimization, enhancing its market position and investor confidence.

INWIT Completes Significant Share Repurchase

INWIT has announced the purchase of 1,442,239 of its own shares between September 29 and October 3, 2025, at an average price of 9.9872 euros per share, totaling approximately 14.4 million euros. This repurchase is part of a broader strategy authorized by the shareholders and board earlier in the year, aimed at consolidating its market position and potentially enhancing shareholder value, with the company now holding 3.115% of its share capital.

INWIT Completes Major Share Buyback Tranche

INWIT has announced the completion of a significant tranche of its share buyback program, purchasing 2,284,870 ordinary shares for a total of 22,802,722.69 euros between 22 and 26 September 2025. This move, authorized by the shareholders and board, increases INWIT’s treasury shares to 27,582,675, representing about 2.960% of its share capital, potentially impacting its market positioning and shareholder value.

INWIT Completes Major Share Repurchase Program

INWIT has announced the completion of a significant share repurchase program, acquiring over 2.1 million of its own shares between September 15 and 19, 2025, at an average price of 10.1133 euros per share, totaling approximately 21.43 million euros. This move increases INWIT’s total holdings to over 25 million shares, representing about 2.715% of its share capital, potentially impacting its market positioning and shareholder value.

INWIT Advances Share Buyback with New Purchase

INWIT announced the purchase of 1,824,020 ordinary shares as part of its ongoing share buyback program, authorized by its shareholders and board earlier in 2025. This transaction, conducted on various trading platforms, reflects the company’s strategic financial management, potentially enhancing shareholder value and consolidating its market position.