Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Italmobiliare S.p.A. is an investment holding company founded in 1946, majority-owned by the Pesenti family, and focused on equity investments in Italian mid-sized companies across diverse industrial and financial sectors. It manages a diversified portfolio valued at approximately €2.2 billion in net asset value (NAV), emphasizing value creation through strategic and financial support for organic growth, mergers and acquisitions, and synergies among investees. Key portfolio companies include Caffè Borbone, a leading producer of coffee in compatible capsules and pods; Officina Profumo-Farmaceutica di Santa Maria Novella, specializing in cosmetics and fragrances; Italgen, which generates and distributes electricity from renewable sources like hydroelectric, wind, and photovoltaic plants; Casa della Salute, providing outpatient healthcare services; and ISEO, involved in security solutions. Additional stakes cover cured meats (Capitelli), online wine distribution (Callmewine), insurance (Bene Assicurazioni), and private equity funds. With around 1,800 employees, Italmobiliare S.p.A. plays a significant role in Italy's mid-market investment landscape, supporting entrepreneurial talent and fostering long-term growth in consumer goods, energy, healthcare, and beyond.
17.42% operating margin is respectable but not wide. ROIC at 4.92%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue up 19.4% YoY with margins expanding 3.2pp.
Negative free cash flow of -€53M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
€705M
▲ +19.4% YoY
Net Income (TTM)
€107M
▲ +26.8% YoY
Op. Margin
17.42%
▲ +3.2pp YoY
ROIC
4.92%
▲ +1.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-€53M
▼ -1113.4% YoY
Op. Cash Flow (TTM)
-€3M
▼ -103.8% YoY
Net Debt
€168M
Cash & Equiv.
€324M
3Y CAGR: +12.3%
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