Iveco Group NV (IVG) AI Stock Analysis

• Market Cap: €5.65B
• Dividend Yield: 1.75%
• Average Volume (3M): 1.93M
• Price to Earnings (P/E): 11.8
• Beta (1Y): 1.21
• Revenue Growth: -7.61%
• EPS Growth: 62.12%
• Country: IT
• Employees: 36,046
• Sector: Industrials
• Sector Strength: 87
• Industry: Agricultural - Machinery
• EPS (TTM): 0.31
• Shares Outstanding: 271,215,400
• 10 Day Avg. Volume: 1,418,013
• 30 Day Avg. Volume: 1,931,242
• PEG Ratio: 0.11
• Price to Book (P/B): 0.64
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 2.39
• 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: €18.08
• Price Target Upside: 10.65% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 4

• Rating: 68 Neutral
• Price Target: €18.00 ▲(10.16%Upside)

Iveco Group NV's overall stock score of 68 reflects a stable financial performance with significant leverage and a need for improved profitability. Technical indicators show a strong upward trend, though caution is advised due to potential overbought conditions. The valuation is reasonable, with the P/E ratio and dividend yield providing moderate attractiveness. Despite current challenges, strong order intake and strategic partnerships indicate potential for future growth.

Iveco Group NV Business Overview & Revenue Model

Company Description

Iveco Group N.V. engages in the design, production, marketing, sale, servicing, and financing of trucks, commercial vehicles, buses and specialty vehicles for firefighting, defense, and other applications in Italy and internationally. The company operates through three segments: Commercial and Specialty Vehicles, Powertrain, and Financial Services. It offers commercial and specialty vehicles comprising light, medium, and heavy vehicles for the transportation and distribution of goods under the IVECO brand; city and commuter buses under the IVECO BUS and HEULIEZ BUS brands; quarry and mining equipment under the IVECO ASTRA brand; firefighting vehicles under the Magirus brand; and vehicles for civil defense and peace-keeping missions under the Iveco Defence Vehicles brand. The company also designs, manufactures, and distributes powertrains under the FPT Industrial brand; and combustion engines, alternative propulsion systems, transmission systems, and axles for on- and off-road applications, as well as for marine and power generation. In addition, it offers financial products and services to dealers and customers; and administers wholesale and retail financing services to customers for the purchase or lease of new and used vehicles sold by brand dealers and distributors. Iveco Group N.V. was incorporated in 2021 and is based in Turin, Italy.

How the Company Makes Money

Iveco Group NV generates revenue through the sale of its diverse portfolio of commercial vehicles such as trucks, buses, and specialty vehicles tailored for different industries. The company also earns from its powertrain segment by providing cutting-edge engine and transmission systems to other vehicle manufacturers. Additionally, Iveco Group benefits from its aftermarket services, offering maintenance, spare parts, and support to ensure long-term customer satisfaction. Strategic partnerships and collaborations with other industry leaders also play a vital role in expanding its market reach and enhancing its revenue streams.

Iveco Group NV Financial Statement Overview

Summary

Iveco Group NV demonstrates stable revenue growth in the agricultural machinery industry but faces challenges in improving profitability margins. The balance sheet is heavily leveraged, which could pose risks if earnings or cash flows decline. Cash flow generation is robust, yet the recent dip in free cash flow highlights the need for careful capital management. The company is positioned for growth but needs to address profitability and leverage concerns to enhance financial stability.

Income Statement

The company's revenue has shown a stable growth trend over the past few years, with a slight dip in 2024. The gross profit margin is healthy but has not significantly improved. Net profit margin is low, indicating potential cost control issues. EBIT is absent in the latest year, raising concerns over operational efficiency. EBITDA margin has been consistent, suggesting stable operating earnings before significant expenses.

Balance Sheet

The debt-to-equity ratio is relatively high, indicating significant leverage, which can be a risk in downturns. Return on equity is modest, reflecting limited profitability relative to shareholder equity. The equity ratio is low, suggesting a heavy reliance on debt financing. Overall, the balance sheet reflects a leveraged position with limited equity cushion.

Cash Flow

Operating cash flow has been strong, but free cash flow showed a decline in 2024, suggesting increased capital expenditure or reduced operational efficiency. The operating cash flow to net income ratio is strong, indicating good cash generation relative to reported earnings. However, the free cash flow to net income ratio is lower, reflecting potential challenges in maintaining cash flow growth.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	15.29B	16.21B	14.36B	12.65B	10.41B
Gross Profit	2.65B	2.70B	1.97B	1.77B	949.00M
EBITDA	1.50B	1.26B	1.00B	815.00M	216.00M
Net Income	349.00M	218.00M	147.00M	52.00M	-408.00M
Balance Sheet
Total Assets	19.44B	18.39B	16.01B	16.56B	15.63B
Cash, Cash Equivalents and Short-Term Investments	3.48B	2.64B	2.23B	780.00M	599.00M
Total Debt	6.31B	6.10B	4.43B	5.79B	5.31B
Total Liabilities	16.67B	15.99B	13.62B	14.25B	13.29B
Stockholders Equity	2.70B	2.35B	2.35B	2.29B	2.27B
Cash Flow
Free Cash Flow	248.00M	366.00M	630.00M	-25.00M	158.00M
Operating Cash Flow	1.20B	1.34B	1.41B	539.00M	559.00M
Investing Cash Flow	-284.00M	-2.22B	-1.34B	-45.00M	-90.00M
Financing Cash Flow	68.00M	1.49B	1.34B	-88.00M	-407.00M

Iveco Group NV Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 16.34
• 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 16.34 is above the 20-day moving average (MA) of 16.26, above the 50-day MA of 15.73, and above the 200-day MA of 12.29, indicating a bullish trend. The MACD of -0.13 indicates Positive momentum. The RSI at 54.11 is Neutral, neither overbought nor oversold. The STOCH value of 65.58 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
IVG	68 Neutral	€5.65B	11.84		1.75%	-7.61%	62.12%
Sector *	65 Neutral	$10.56B	15.49	5.57%	1.96%	2.71%	-26.28%
0QWN		€5.04B	―		―	―	―
0RPV		€4.15B	9.77	12.04%	3.23%	―	―
0EWD		€3.77B	17.48	11.06%	0.80%	―	―
0QEP		€3.67B	16.81	36.69%	3.21%	―	―
0BJP		€3.58B	18.04	11.69%	1.98%	―	―

Iveco Group NV Corporate Events

Iveco Group NV’s Strategic Moves Amid First Quarter Challenges

Iveco Group NV reported a challenging first quarter of 2025, with a decline in financial metrics due to reduced demand in the European truck segment and a transition to new vehicle models. Despite this, the company maintained its financial outlook for the year, highlighting strong order intake and strategic partnerships. The Board of Directors decided to spin off the Defence business, exploring potential buyers, and emphasized the company’s preparedness for future growth through operational adjustments and strategic initiatives.

The most recent analyst rating on (IT:IVG) stock is a Buy with a EUR11.50 price target. To see the full list of analyst forecasts on Iveco Group NV stock, see the IT:IVG Stock Forecast page.

Iveco Group and DLL Form Joint Venture to Boost Sustainable Transport in Europe

Iveco Group and DLL have announced a joint venture to expand access to low and zero-emission commercial vehicles in Europe. DLL will acquire a majority stake in GATE, a company currently controlled by Iveco Group, to support the transition to sustainable transport. This collaboration aims to provide financial support and expertise in asset financing, facilitating the growth and expansion of GATE’s sustainable mobility solutions. The joint venture will enhance GATE’s ability to offer rental solutions for low and zero-emission vehicles, initially strengthening its presence in Italy, France, and Germany, with plans to expand to other markets.

The most recent analyst rating on (IT:IVG) stock is a Hold with a EUR11.00 price target. To see the full list of analyst forecasts on Iveco Group NV stock, see the IT:IVG Stock Forecast page.

IDV Secures Major Contract with Dutch Armed Forces

IDV, a brand under Iveco Group, has secured a contract to supply 785 logistical military vehicles to the Dutch Armed Forces, with an option for an additional 785 vehicles. This contract strengthens IDV’s partnership with the Dutch Ministry of Defense and aligns with its strategic growth objectives, enhancing its position in the defense sector.

The most recent analyst rating on (IT:IVG) stock is a Hold with a EUR11.00 price target. To see the full list of analyst forecasts on Iveco Group NV stock, see the IT:IVG Stock Forecast page.

Iveco Group to Announce Q1 2025 Financial Results

Iveco Group N.V. announced that it will present its financial results for the first quarter of 2025 on May 15, 2025. The announcement will be accompanied by a live audio webcast, with materials and a recording available on the company’s website. This presentation is significant as it provides stakeholders with insights into the company’s financial health and strategic direction, potentially impacting its market position and investor confidence.

Iveco Group Shareholders Approve Key Resolutions at Annual Meeting

Iveco Group N.V. held a shareholders’ meeting where all proposed resolutions were approved, including financial statements, dividend distribution, and executive appointments. The meeting also authorized share repurchase and amendments to the remuneration policy, reflecting strategic moves to strengthen governance and shareholder value.

Iveco Group Launches Euro Medium Term Note Programme

Iveco Group N.V. has launched its Euro Medium Term Note Programme, allowing for the issuance of up to 2 billion euros in notes, which will be listed on Euronext Dublin. This strategic move is expected to enhance the company’s financial flexibility and market presence, potentially impacting its operations and stakeholders positively by providing additional capital for growth and development.