IF Stock Analysis: Banca IFIS | MI
Banks - Regional | MI, Italy | Market Cap: 657m EUR | 12M Return: -46.9% | IT0003188064 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 6.63M
Rev. Trend: 84.8%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Banca IFIS S.p.A. (IF) is an Italian financial services company headquartered in Mestre that provides specialized solutions primarily for enterprises. Its offerings span retail-style products such as savings and current accounts, time deposits, and insurance, alongside a broad suite of corporate banking and credit services including factoring, leasing, medium/long-term loans for industrial investments, structured finance, equity investment, salary-backed loan technology rental, and financial advisory/M&A. The bank also supports cross-border activity through import/export factoring and foreign banking services, and operates a non-performing loan (NPL) business focused on the purchase and management of distressed loan portfolios. Founded in 1983, Banca IFIS is listed on the Milan Stock Exchange, is classified within the Specialized Finance sub-industry of the Financials sector, and has a small-cap market capitalization of roughly $1.05 billion USD. Its business model combines traditional commercial banking activities with a market niche in NPL management, a segment where Italian institutions have historically held a prominent position due to the countrys elevated stock of distressed corporate and consumer credit.
- NPL portfolio acquisitions drive core earnings growth
- Factoring segment margins pressured by Italian SME credit cycle
- ECB rate cuts compress net interest income on deposits
- Capital allocation toward specialty finance boosts return on equity
| Net Income: 248.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA 0.82 > 1.0 |
| NWC/Revenue: -258.4% < 20% (prev -446.7%; Δ 188.3% < -1%) |
| CFO/TA -0.01 > 3% & CFO -118.8m > Net Income 248.7m |
| Net Debt (8.57b) to EBITDA (272.1m): 31.51 < 3 |
| Current Ratio: 0.17 > 1.5 & < 3 |
| Outstanding Shares: last quarter (61.1m) vs 12m ago 15.09% < -2% |
| Gross Margin: 89.59% > 18% (prev 57.43%; Δ 32.16% > 0.5%) |
| Asset Turnover: 6.21% > 50% (prev 7.29%; Δ -1.08% > 0%) |
| Interest Coverage Ratio: 0.55 > 6 (EBIT TTM 263.1m / Interest Expense TTM 474.6m) |
| A: -0.13 (Total Current Assets 568.1m - Total Current Liabilities 3.39b) / Total Assets 21.1b |
| B: 0.00 (Retained Earnings 7.80m / Total Assets 21.1b) |
| C: 0.01 (EBIT TTM 263.1m / Avg Total Assets 17.6b) |
| D: 0.11 (Book Value of Equity 2.06b / Total Liabilities 19.1b) |
| Altman-Z'' = -0.66 = B |
As of October 06, 2026, the stock is trading at EUR 11.00 with a total of 565,958 shares traded. Over the past week, the price has changed by -5.17%, over one month by -26.67%, over three months by -17.85% and over the past year by -46.92%.
Current recommended Stop Loss: 10.20 (which is 7.3% or 1.3 ATR below the current price).
Banca IFIS has no consensus analysts rating.
P/E Trailing = 2.5474
P/E Forward = 6.9493
P/S = 0.9726
P/B = 0.4365
Revenue TTM = 1.09b EUR
EBIT TTM = 263.1m EUR
EBITDA TTM = 272.1m EUR
Long Term Debt = 4.43b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 3.39b EUR (from shortTermDebt, last quarter)
Debt = 9.14b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 8.57b EUR (calculated: Debt 9.14b - CCE 568.1m)
Enterprise Value = 9.23b EUR (656.6m + Debt 9.14b - CCE 568.1m)
Interest Coverage Ratio = 0.55 (Ebit TTM 263.1m / Interest Expense TTM 474.6m)
EV/FCF = -55.62x (Enterprise Value 9.23b / FCF TTM -165.9m)
FCF Yield = -1.80% (FCF TTM -165.9m / Enterprise Value 9.23b)
FCF Margin = -15.22% (FCF TTM -165.9m / Revenue TTM 1.09b)
Net Margin = 22.80% (Net Income TTM 248.7m / Revenue TTM 1.09b)
Gross Margin = 89.59% ((Revenue TTM 1.09b - Cost of Revenue TTM 113.5m) / Revenue TTM)
Gross Margin QoQ = 16.90% (prev none%)
Tobins Q-Ratio = 0.44 (Enterprise Value 9.23b / Total Assets 21.1b)
Interest Expense / Debt = 5.19% (Interest Expense 474.6m / Debt 9.14b)
Taxrate = 5.34% (14.0m / 263.1m)
NOPAT = 249.0m (EBIT 263.1m * (1 - 5.34%))
Current Ratio = 0.17 (Total Current Assets 568.1m / Total Current Liabilities 3.39b)
Debt / Equity = 4.44 (Debt 9.14b / totalStockholderEquity, last quarter 2.06b)
Debt / EBITDA = 31.51 (Net Debt 8.57b / EBITDA 272.1m)
Debt / FCF = -51.66 (negative FCF - burning cash) (Net Debt 8.57b / FCF TTM -165.9m)
Total Stockholder Equity = 2.17b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.42% (Net Income 248.7m / Total Assets 21.1b)
RoE = 11.48% (Net Income TTM 248.7m / Total Stockholder Equity 2.17b)
RoCE = 3.99% (EBIT 263.1m / Capital Employed (Equity 2.17b + L.T.Debt 4.43b))
RoIC = 1.18% (NOPAT 249.0m / Invested Capital 21.1b)
WACC = 5.01% (E(656.6m)/V(9.80b) * Re(6.28%) + D(9.14b)/V(9.80b) * Rd(5.19%) * (1-Tc(0.05)))
Discount Rate = 6.28% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 86.25 | Cagr: 6.99%
[DCF] Fair Price = unknown (Cash Flow -165.9m)
Revenue Correlation: 84.78 | Revenue CAGR: 28.13% | SUE: 0.03 | # QB: 0
EPS current Year (2026-12-31): EPS=0.50 | Chg30d=+0.00% | Revisions=-40% | GrowthEPS=-73.6% | GrowthRev=+19.2%
EPS next Year (2027-12-31): EPS=2.01 | Chg30d=-2.64% | Revisions=-40% | GrowthEPS=+305.7% | GrowthRev=+1.7%
[Analyst] Revisions Ratio: -57% (up=0, down=4)