Financials Banca IFIS S.p.A.

Equities

IF

IT0003188064

Banks

Market Closed - Borsa Italiana 11:44:59 2024-04-26 am EDT 5-day change 1st Jan Change
20.74 EUR +1.27% Intraday chart for Banca IFIS S.p.A. +1.87% +32.10%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 748.3 490.5 912.8 697.9 823.7 1,088 - -
Enterprise Value (EV) 1 748.3 490.5 912.8 697.9 823.7 1,088 1,088 1,088
P/E ratio 6.09 x 7.11 x 9.08 x 4.97 x - 6.77 x 6.62 x 6.41 x
Yield 7.86% 5.12% 5.57% 10.5% - 10.2% 10.5% 10.9%
Capitalization / Revenue 1.34 x 1.05 x 1.51 x 1.09 x 1.17 x 1.52 x 1.51 x 1.51 x
EV / Revenue 1.34 x 1.05 x 1.51 x 1.09 x 1.17 x 1.52 x 1.51 x 1.51 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.49 x 0.32 x 0.56 x 0.45 x - 0.63 x 0.61 x 0.58 x
Nbr of stocks (in thousands) 53,452 53,460 53,472 52,433 52,468 52,468 - -
Reference price 2 14.00 9.175 17.07 13.31 15.70 20.74 20.74 20.74
Announcement Date 2/11/20 2/11/21 2/10/22 2/9/23 2/8/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 558.3 467.8 602.5 641.7 704.6 714.5 723 721
EBITDA - - - - - - - -
EBIT 1 263.4 187.7 227 290.1 298.8 303 304 312
Operating Margin 47.18% 40.13% 37.68% 45.21% 42.4% 42.41% 42.06% 43.27%
Earnings before Tax (EBT) 1 175.8 91.88 149.9 211.8 237.6 244 246.5 254
Net income 1 123.1 68.8 100.6 141.1 160.1 165.3 167.2 171.8
Net margin 22.05% 14.71% 16.7% 21.99% 22.72% 23.13% 23.12% 23.83%
EPS 2 2.300 1.290 1.880 2.680 - 3.065 3.131 3.236
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 1.100 0.4700 0.9500 1.400 - 2.122 2.177 2.257
Announcement Date 2/11/20 2/11/21 2/10/22 2/9/23 2/8/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1
Net sales 1 212.8 292.6 156.6 153.3 163.3 160.7 324 164.7 184 175.8 172.7 348.5 163.9 192.3 178
EBITDA - - - - - - - - - - - - - - -
EBIT 1 73.63 114.5 67.19 - 81.9 53.48 135.4 71.71 80.1 - 68.52 153.3 71.11 - 77
Operating Margin 34.6% 39.12% 42.91% - 50.15% 33.29% 41.79% 43.53% 43.53% - 39.68% 43.97% 43.4% - 43.26%
Earnings before Tax (EBT) 1 48.15 71.86 47.36 30.7 52.1 55.1 107.2 49.1 55.5 68.4 67.47 135.9 50.38 51.31 63
Net income 1 36.76 48.33 31.86 20.4 34.9 37.62 72.52 33.03 35.5 45.91 45.12 91.04 33.7 35.37 43.33
Net margin 17.27% 16.52% 20.34% 13.31% 21.37% 23.41% 22.38% 20.05% 19.29% 26.11% 26.13% 26.12% 20.57% 18.4% 24.34%
EPS - - - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 8/6/20 8/5/21 11/4/21 2/10/22 5/12/22 8/4/22 8/4/22 11/10/22 2/9/23 5/11/23 8/3/23 8/3/23 11/9/23 2/8/24 -
1EUR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 8.2% 4.5% 6.95% 8.76% - 9.39% 9.36% 9.4%
ROA (Net income/ Total Assets) - - - 1.08% - 1.13% 1.27% 1.27%
Assets 1 - - - 13,122 - 14,625 13,163 13,531
Book Value Per Share 2 28.80 29.00 30.40 29.50 - 32.80 33.90 35.50
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 2/11/20 2/11/21 2/10/22 2/9/23 2/8/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
20.74 EUR
Average target price
21.3 EUR
Spread / Average Target
+2.70%
Consensus

Quarterly revenue - Rate of surprise

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