ScoreWhy is IRCE SpA ?
1
Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 6.05%
- Poor long term growth as Operating profit has grown by an annual rate 10.91% of over the last 5 years
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 2.42 times
2
With ROE of 4.75%, it has a Fair valuation with a 0.41 Price to Book Value
- The stock is trading at a fair value compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 16.54%, its profits have risen by 17.8% ; the PEG ratio of the company is 0.5
3
Underperformed the market in the last 1 year
- The stock has generated a return of 16.54% in the last 1 year, much lower than market (Italy FTSE MIB) returns of 27.29%
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to IRCE SpA should be less than 10%
- Overall Portfolio exposure to Electronics & Appliances should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is IRCE SpA for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
IRCE SpA
-100.0%
-0.68
26.78%
Italy FTSE MIB
27.29%
1.67
16.34%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
3.44%
EBIT Growth (5y)
10.91%
EBIT to Interest (avg)
3.46
Debt to EBITDA (avg)
2.83
Net Debt to Equity (avg)
0.43
Sales to Capital Employed (avg)
2.06
Tax Ratio
39.74%
Dividend Payout Ratio
25.68%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
6.36%
ROE (avg)
4.90%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
9
Industry P/E
Price to Book Value
0.41
EV to EBIT
13.68
EV to EBITDA
8.43
EV to Capital Employed
0.62
EV to Sales
0.41
PEG Ratio
0.48
Dividend Yield
NA
ROCE (Latest)
4.51%
ROE (Latest)
4.75%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Bullish
Dow Theory
No Trend
Mildly Bullish
OBV
Mildly Bearish
Mildly Bearish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend
Not enough Data to analyse Financial Trend
Not enough Data to analyse Financial Trend
Here's what is working for IRCE SpA
Operating Cash Flow - Annually
Highest at EUR 50.99 MM and Grown
each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (EUR MM)
Cash and Cash Equivalents - Half Yearly
Highest at EUR 14.17 MM
in the last six half yearly periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents (EUR MM)
Inventory Turnover Ratio- Half Yearly
Highest at 4.26 times
in the last five half yearly periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Here's what is not working for IRCE SpA
Net Sales - Quarterly
At EUR 91 MM has Fallen at -8.4 %
over average Net Sales of the previous four periods of EUR 100 MMMOJO Watch
Near term sales trend is negative
Net Sales (EUR MM)
Operating Profit (PBDIT) - Quarterly
Lowest at EUR -11 MM.
in the last five periodsMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (EUR MM)
Operating Profit Margin - Quarterly
Lowest at -11.54%
in the last five quartersMOJO Watch
Company's efficiency has deteriorated
Operating Profit to Sales (EUR MM)
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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