Iveco Group NV (IVG) AI Stock Analysis

• Market Cap: €6.47B
• Dividend Yield: 1.76%
• Average Volume (3M): 1.58M
• Price to Earnings (P/E): 18.9
• Beta (1Y): 1.28
• Revenue Growth: -7.26%
• EPS Growth: 14.20%
• Country: IT
• Employees: 36,046
• Sector: Industrials
• Sector Strength: 72
• Industry: Agricultural - Machinery
• EPS (TTM): 0.15
• Shares Outstanding: 271,215,400
• 10 Day Avg. Volume: 1,987,072
• 30 Day Avg. Volume: 1,584,130
• PEG Ratio: 0.12
• Price to Book (P/B): 0.92
• Price to Sales (P/S): 0.16
• P/FCF Ratio: 10.06
• 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: €19.90
• Price Target Upside: 6.19% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 65 Neutral
• Price Target: €20.00 ▲(6.72% Upside)

Iveco Group NV's stock score reflects a balanced financial performance with strong cash flow and operational efficiency. Positive technical momentum supports the stock, but valuation concerns and challenges in the truck segment weigh on the score. Strategic improvements in the bus and powertrain segments provide a positive outlook.

Positive Factors

Bus Segment Growth

The bus segment's growth and market position strengthen Iveco's revenue base, providing a buffer against challenges in other segments.

Powertrain Segment Recovery

Recovery in the powertrain segment indicates potential for future growth and diversification, enhancing long-term business stability.

Efficiency Program

The efficiency program's cost savings enhance operational efficiency, improving margins and financial health over the long term.

Negative Factors

Truck Segment Challenges

Declining revenues in the truck segment highlight market challenges, potentially impacting overall profitability and growth.

High Financial Leverage

High leverage limits financial flexibility and increases risk, potentially affecting long-term financial stability and investment capacity.

Declining Revenue Growth

Negative revenue growth indicates market or operational challenges, which may hinder future expansion and profitability.

Iveco Group NV Business Overview & Revenue Model

Company Description

Iveco Group NV (IVG) is a leading global manufacturer of commercial vehicles, specializing in the production of light, medium, and heavy-duty trucks, vans, buses, and specialty vehicles. The company operates through several key sectors, including transportation and logistics solutions, with a strong emphasis on sustainable mobility. Its core products encompass a diverse range of vehicles tailored for various industries, coupled with innovative services that enhance operational efficiency and environmental performance.

How the Company Makes Money

Iveco Group NV generates revenue primarily through the sale of its commercial vehicles, which includes trucks, buses, and vans. The company benefits from multiple revenue streams, including direct vehicle sales, aftersales services such as maintenance and repairs, and the provision of financing solutions for customers. Significant partnerships with other manufacturers, suppliers, and technology firms enhance its product offerings and market reach. Additionally, the growing demand for sustainable and efficient transportation solutions contributes to its earnings, as the company invests in electric and alternative fuel vehicles, aligning with global trends towards greener logistics.

Iveco Group NV Financial Statement Overview

Summary

Iveco Group NV shows a balanced financial performance with strong cash flow generation and operational efficiency. However, challenges in revenue growth and high financial leverage pose risks. The company needs to improve net profit margins and manage debt levels for long-term stability.

Income Statement

Iveco Group NV shows a mixed performance in its income statement. The company has maintained a stable gross profit margin around 16-17% over recent periods, indicating consistent cost management. However, the net profit margin remains low at approximately 2.17% TTM, reflecting challenges in translating revenue into profit. Revenue growth has been negative recently, with a decline of 2.24% TTM, suggesting potential market or operational challenges. Despite these issues, EBIT and EBITDA margins have shown slight improvements, indicating operational efficiency gains.

Balance Sheet

The balance sheet of Iveco Group NV highlights a high debt-to-equity ratio of 2.28 TTM, which poses a risk of financial leverage. The return on equity is moderate at 12.46% TTM, suggesting decent profitability relative to shareholder equity. However, the equity ratio is relatively low, indicating a higher reliance on debt financing. These factors suggest a need for careful management of financial leverage to maintain financial stability.

Cash Flow

Iveco Group NV's cash flow statement shows positive trends, with a significant free cash flow growth rate of 45.07% TTM, indicating strong cash generation capabilities. The operating cash flow to net income ratio is 0.15, reflecting efficient conversion of earnings into cash. The free cash flow to net income ratio of 0.46 TTM further underscores the company's ability to generate cash relative to its earnings, providing a cushion for debt servicing and investments.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	14.48B	15.29B	16.21B	14.36B	12.65B	10.41B
Gross Profit	2.32B	2.65B	2.70B	1.97B	1.77B	949.00M
EBITDA	1.48B	1.50B	1.26B	992.00M	837.00M	173.00M
Net Income	263.00M	349.00M	218.00M	147.00M	52.00M	-408.00M
Balance Sheet
Total Assets	17.79B	19.44B	18.39B	16.01B	16.56B	15.63B
Cash, Cash Equivalents and Short-Term Investments	2.24B	3.48B	2.64B	2.23B	780.00M	599.00M
Total Debt	5.85B	6.37B	5.93B	4.43B	5.79B	5.31B
Total Liabilities	15.10B	16.67B	15.99B	13.62B	14.25B	13.29B
Stockholders Equity	2.63B	2.70B	2.35B	2.35B	2.29B	2.27B
Cash Flow
Free Cash Flow	927.00M	248.00M	366.00M	630.00M	-25.00M	158.00M
Operating Cash Flow	1.63B	1.20B	1.34B	1.41B	539.00M	559.00M
Investing Cash Flow	-1.16B	-284.00M	-2.22B	-1.34B	-45.00M	-90.00M
Financing Cash Flow	-368.00M	68.00M	1.49B	1.34B	-88.00M	-407.00M

Iveco Group NV Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 18.74
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:IVG, the sentiment is Positive. The current price of 18.74 is above the 20-day moving average (MA) of 18.67, above the 50-day MA of 18.48, and above the 200-day MA of 17.14, indicating a bullish trend. The MACD of 0.09 indicates Positive momentum. The RSI at 63.46 is Neutral, neither overbought nor oversold. The STOCH value of 68.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IT:IVG.

Iveco Group NV Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BRE	79 Outperform	€4.64B	11.28	―	3.23%	-0.22%	-12.64%
IP	76 Outperform	€4.90B	22.36	10.99%	0.72%	-2.00%	2.11%
WBD	73 Outperform	€3.49B	13.95	15.86%	2.32%	21.15%	17.26%
MAIRE	69 Neutral	€4.27B	16.78	42.37%	2.73%	30.91%	40.89%
IVG	65 Neutral	€6.47B	18.91	―	1.76%	-7.26%	14.20%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
FCT	63 Neutral	€5.46B	42.05	14.30%	―	18.44%	―

Iveco Group NV Corporate Events

IDV Expands Contract with Italian Army for Tactical Trucks

IDV, a brand of Iveco Group specializing in defense vehicles, has secured a contract to supply an additional 658 tactical-logistic trucks to the Italian Army, enhancing the original agreement for 1,453 vehicles. This expansion will modernize the Army’s fleet and improve operational capabilities, with deliveries continuing until 2039. The contract highlights IDV’s role in bolstering Italy’s land defense capabilities and underscores the company’s strategic positioning in the defense sector.

Iveco Group NV Reports Q3 2025 Results Amid Strategic Shifts

Iveco Group NV reported a challenging third quarter in 2025, highlighting a decrease in EBIT and net profit compared to the previous year. Despite these challenges, the company is optimistic about future profitability improvements due to strategic initiatives like the Efficiency Program and new contracts in the bus segment. The sale of its Defence business is proceeding as planned, which is expected to streamline operations and focus on core business areas.

Iveco Group to Present Q3 2025 Financial Results

Iveco Group N.V. announced that it will present its financial results for the third quarter of 2025 on November 6, 2025. The announcement includes a live audio webcast of the conference call, which will be accessible to stakeholders, and the related press release and presentation materials will be available on the company’s website. This event is significant for stakeholders as it provides insights into the company’s financial performance and strategic direction.

DLL and Iveco Group Launch Joint Venture to Boost Sustainable Mobility in Europe

DLL and Iveco Group have formed a joint venture named GATE to accelerate the transition to low and zero-emission commercial vehicles in Europe. With DLL acquiring a majority stake, the JV aims to expand sustainable mobility solutions across Europe, leveraging financial support and expertise to enhance its growth strategy and broaden its market reach.