Handelsavisen
prelaunch
Companies Industrials IB.MI
IB
IB.MI Borsa Italiana Construction & Engineering

Ib.Mi

€11,00
Open in Charts → Attach watcher ⌖
EUR
Set alert
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
P/E
EV / Rev
Div yield
1,71 %
Op margin
ROE
1,3 %
Net margin
Debt / equity
1,32
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

The company operates in the construction and engineering industry, providing industrial and commercial services, primarily generating revenue through project-based contracts and operational services.

Business. The company operates in the construction and engineering industry, providing industrial and commercial services, primarily generating revenue through project-based contracts and operational services.

Classification92 %
SectorIndustrials
Business sectorIndustrial & Commercial Services
IndustryConstruction & Engineering
ActivityIndustrial & Commercial Services
Generated · model-assisted
Sell-side consensus
BUY1 analysts
1 buy0 hold0 sell
Avg 12m price target16,00

Analyst recommendations

1 analysts · consensus Buy
Buy1
Hold0
Sell0
12-month price target
16,00
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
Buy
1 analysts · indicative
Ownership
not yet wired
Profitability
1,3 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning IB.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials · THIS SECTOR−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to IB.MI. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    The company operates in the construction and engineering industry, providing industrial and commercial services, primarily generating revenue through project-based contracts and operational services.

    Classification92 %
    SectorIndustrials
    Business sectorIndustrial & Commercial Services
    IndustryConstruction & Engineering
    ActivityIndustrial & Commercial Services
    AI synthesis
    GENERATED

    The company's capital structure is characterized by a debt-to-equity ratio of 1.32, indicating a moderate reliance on debt financing. Its liquidity position is weak, with a current ratio of 0.54 and only 1,710 EUR in cash and equivalents, which is insufficient to cover its total liabilities of 131,922,090 EUR. The negative net cash position after subtracting total debt further highlights the company's liquidity constraints.

    Profitability metrics show a return on equity (ROE) of 1.33% and a return on assets (ROA) of 0.48%, both of which are below the typical thresholds for strong performance in the construction and engineering industry. These figures suggest that the company is not generating significant returns relative to its equity and asset base.

    The company's revenue is primarily concentrated in its core industrial and commercial services, with no disclosed geographic diversification. This lack of geographic spread increases its exposure to regional economic fluctuations and regulatory changes. The absence of detailed segment reporting limits the ability to assess the performance of individual business lines.

    The company's growth trajectory is constrained by its weak liquidity and high debt load. While it reported an operating income of 4,627,630 EUR and a net income of 979,920 EUR, the capital expenditure of -6,573,660 EUR indicates significant investment in infrastructure, which may not yield immediate returns. Analysts have assigned a mean price target of 16.00 EUR, with a "hold" recommendation, reflecting cautious expectations for near-term growth.

    The company faces several risk factors, including liquidity constraints and the potential for dilution, although the latter is currently assessed as low. The negative net cash position and high debt-to-equity ratio increase the company's financial risk, particularly in a capital-intensive industry like construction and engineering. The absence of a strong equity cushion could limit its ability to weather economic downturns or project delays.

    Recent financial filings and transcripts do not indicate any major strategic shifts or new projects that would significantly alter the company's trajectory. The lack of recent strong buy recommendations from analysts suggests that the market is not currently optimistic about the company's near-term prospects.

    Key takeaways
    • The company has a weak liquidity position, with a current ratio of 0.54 and insufficient cash to cover liabilities.
    • Profitability metrics (ROE and ROA) are below industry norms, indicating suboptimal returns on equity and assets.
    • The company's revenue is concentrated in a single business segment, increasing its exposure to sector-specific risks.
    • Analysts have assigned a "hold" recommendation, with a mean price target of 16.00 EUR, reflecting cautious expectations.
    • The company's high debt-to-equity ratio and negative net cash position increase its financial risk.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    €11,00
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    €73.6M
    Net cash
    -€96.8M
    Current ratio
    0.5
    Debt / equity
    1.3
    ROA
    0.5%
    ROE
    1.3%
    Cash conversion
    1560.0%
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    0,80
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    1
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-05-10 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate0,80
    Revenueno estimateno estimate30,0M EUR
    Operating incomeno estimateno estimate9,2M EUR
    Full-year consensus mean (period as reported by source) · consensus in EUR. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution1 analysts
    Strong buy0
    Buy1
    Hold0
    Sell0
    Strong sell0
    12-month price target€16,00 · Median €16,00
    Low €16,00High €16,00
    Operating income · consensus9,2M EUR
    EPS surprise
    +1,3 %
    reported vs consensus · beat
    Revenue surprise
    −8,1 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low€16,00
    Mean€16,00
    Median€16,00
    High€16,00
    Spot€11,00
    +45.5 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    ROE1,3 %Below median
    D/E1,32Bottom quartile
    Cash Conv15,60Best in class

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    • Return On Assets
      net_income / total_assets
    Source documents
    • IB.MI Market data — financials · 2026-05-28
    • Iniziative Bresciane Inbre SpA Market data — analyst estimates · 2026-05-28

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    IB.MICanonical
    Borsa Italiana · EUR

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage