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v0.1
INC.MI$0.18-4.54%
Fair $0.18+0.0%

INC.MI

Innovatec S.p.A.

Utilities / Utilities - Regulated ElectricMilan

$0.18

-0.01 (-4.54%)

Fairly Valued+0.0%Fair Value $0.18Fund rank 18/100 · Data gapFallback financials|
SA 10/F
F-Score: 2/9
High DebtDeclining RevenueLow Profitability

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 35% · confianza 10%

FCF escenarios

weak_data · normalized FCF $-3.7M · quality 19.0/100

Data gap 18/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 14/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

10/100

F

Piotroski

2/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 3unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified. Debt-to-Equity ratio is 3.50, above the 2.0 threshold Revenue has declined for 3 consecutive years ROE is -93.8%, below the 5% threshold
Thesis & Journal · INC.MILocal privado en este navegador · Innovatec S.p.A.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$18M

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-93.8%

↓

Gross Margin

68.6%

↑

Debt/Equity

3.50

↑
52-Week Range$0
$0$0

TradingView lightweight chart

INC.MI price, volumen y niveles de valoración

Último $0.185Periodo -91.3%
Fair value: $0.183

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

-55.8%

FCF CAGR

—

FCF margin

-14.8%

FCF / Net income

0.79x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $25.1M · net income $-4.7M · FCF $-3.7M

2022-FY → 2025-FY

Gross margin

68.6%-1.5% pts

Operating margin

-15.9%-28.8% pts

Net margin

-18.7%-22.3% pts

FCF margin

-14.8%-10.5% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$25.1M$25.1M$217.2M$226.3M$290.0M
Net Income$-4.7M$-4.7M$-10.2M$63240.00$10.6M
EBITDA$-3.0M$-3.0M$23.5M$22.5M$30.4M
EPS-0.05-0.05—0.000.11
Gross Margin68.6%68.6%71.3%70.4%70.1%
Operating Margin-15.9%-15.9%1.4%14.3%12.8%
Net Margin-18.7%-18.7%-4.7%0.0%3.7%
Balance Sheet
Debt/Equity3.503.502.231.711.16
Current Ratio1.041.04———
Cash Flow
Free Cash Flow$-3.7M$-3.7M$-645315.00$-8.9M$-12.4M
Returns
ROE-93.8%-93.8%-31.8%0.2%25.4%
Valuation
P/E———1902.4415.58
EV/EBITDA——4.308.026.74
P/B3.543.541.232.873.96
Growth & Yield
Revenue Growth-88.4%-88.4%-4.0%-22.0%—
EPS Growth———-99.4%—

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +3.6%

Total return

+3.6%

Start / end P/E

n/dx → n/dx

EPS bridge

n/d → -0.05

Residual

+3.6%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+3.6%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.