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Indel B S.p.A. (INDB.MI)

EUR19.60 -0.05 (-0.25%)
IT MIL Industrials Industrial - Machinery
Address Via Sarsinate, 27 47866
Sant'agata Feltria, RN, IT
CEO Luca Bora
Website indelb.com
IPO 2017-05-19
ISIN IT0005245508

Explore sections of this company profile

Description

Indel B S.p.A. is a global specialist in the manufacturing and distribution of advanced cooling and refrigeration systems. Its extensive product range includes mobile cooling units and air conditioning systems specifically designed for various modes of transport. This encompasses minibuses, industrial vehicles, and specialized applications like ambulances, mobile clinics, civil protection vehicles, and those for medicine transport, alongside cooling solutions for trams and trains. The company also supplies dedicated refrigeration systems crucial for maintaining controlled temperatures during foodstuff transportation. Furthermore, Indel B caters to the hospitality sector, producing technologically advanced minibars and complementary accessories such as safes, electronic locks, and LED televisions for hotels and cruise ships. Beyond commercial applications, it provides versatile built-in and portable cooling units for recreational purposes, serving the marine industry (sailboats, motorboats, yachts) and various leisure vehicles including cars, campers, caravans, and recreational vehicles. A specialized offering also includes cooling appliances tailored for the wine market. Established in 1967, Indel B S.p.A. is headquartered in Sant'Agata Feltria, Italy, and operates as a subsidiary of Amp.Fin S.R.L.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
EUR19.60 -0.05 (-0.25%)
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Volume Profile
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Liquidity & share structure
Average Volume
1.2K
Beta
0.17
Float Shares
1.14M
Free Float %
21.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.99% +3.27% +6.49% +3.54% +7.89% +5.94% -1.91% -18.65% -18.97% -21.09% -21.09%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
19.60
DCF (Unlevered) 102.63 +423.6%
DCF (Levered) 188.08 +859.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 50% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 0 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.07
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
A+
Overall Score
5 / 5
High
DCF Score
5 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
5 / 5
High
Operational MOAT
✗ Below peers
  • ✗
    Revenue growth Industrial - Machinery: +7.4%
    +2.7% Q4'25: -2.1% (vs Q4'23)
  • ✓
    EPS growth Industrial - Machinery: +15.6%
    +98.0% ★ Q4'25: -100.5% (vs Q4'23)
  • ✓
    FCF margin FCF growth · Industrial - Machinery: +38.2%
    +5.5% Q4'25: +11.7% (vs Q4'23)
  • ✗
    EBIT margin Industrial - Machinery: +10.0%
    +5.8% Q4'25: +6.0% (vs Q4'23)
  • ✗
    ROIC Industrial - Machinery: +6.8%
    +6.5% Q4'25: +9.0% (vs Q4'23)
  • ✓
    Share dilution Industrial - Machinery: +0.0%
    -10.0% ★ Q4'25: +3.8% (vs Q4'23)
  • ✓
    Debt / EBITDA Net debt/EBITDA · Industrial - Machinery: -0.65×
    2.38× Q4'25: 1.12× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
▶ WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.18) × ERP
WACC = 70% × Ke + 30% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Intrinsic value (base): 102.63 Current price: 19.60
Enterprise Value: — Equity Value: — Terminal Value: — TV as % of EV: —

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2017
actual 		Dec 2018
actual 		Dec 2019
actual 		Dec 2020
actual 		Dec 2021
actual 		Dec 2022
actual 		Dec 2023
actual 		Dec 2024
actual 		Dec 2025
actual 		Dec 2026
2 Rev. Ana.
2 EPS Ana. 		Dec 2027
2 Rev. Ana.
2 EPS Ana. 		Dec 2028
2 Rev. Ana.
2 EPS Ana.
Revenue
116.80M
est: 105.45M (+10.8%)
146.75M
est: 149.55M (-1.9%)
152.36M
est: 153.50M (-0.7%)
124.28M
est: 119.26M (+4.2%)
185.81M
est: 178.96M (+3.8%)
223.37M
est: 209.72M (+6.5%)
221.16M
est: 209.13M (+5.8%)
199.60M
est: 202.00M (-1.2%)
204.89M
est: 203.00M (+0.9%)
221.00M
220.92M – 221.08M
+8.9% YoY
227.00M
226.08M – 227.92M
+2.7% YoY
235.00M
234.99M – 235.01M
+3.5% YoY
EBITDA
18.73M
est: 12.46M (+50.3%)
23.09M
est: 17.68M (+30.7%)
25.35M
est: 18.14M (+39.7%)
16.95M
est: 14.10M (+20.2%)
26.24M
est: 21.15M (+24.0%)
25.62M
est: 24.79M (+3.3%)
22.13M
est: 23.01M (-3.8%)
19.70M
est: 22.23M (-11.4%)
19.57M
est: 22.34M (-12.4%)
24.32M
24.31M – 24.33M
+8.9% YoY
24.98M
24.88M – 25.08M
+2.7% YoY
25.86M
25.86M – 25.86M
+3.5% YoY
EBIT
18.21M
est: 9.30M (+95.8%)
17.51M
est: 13.19M (+32.7%)
21.03M
est: 13.54M (+55.3%)
12.53M
est: 10.52M (+19.1%)
20.50M
est: 15.78M (+29.9%)
19.56M
est: 18.50M (+5.7%)
16.62M
est: 16.64M (-0.1%)
13.40M
est: 16.07M (-16.6%)
11.82M
est: 16.15M (-26.8%)
17.59M
17.58M – 17.59M
+8.9% YoY
18.06M
17.99M – 18.14M
+2.7% YoY
18.70M
18.70M – 18.70M
+3.5% YoY
Net Income
13.96M
est: 11.06M (+26.3%)
11.53M
est: 13.06M (-11.7%)
15.74M
est: 14.55M (+8.2%)
6.19M
est: 8.32M (-25.6%)
24.25M
est: 11.50M (+110.8%)
12.05M
est: 16.99M (-29.1%)
10.44M
est: 8.69M (+20.1%)
10.80M
est: 11.84M (-8.7%)
20.41M
est: 10.99M (+85.6%)
11.77M
11.61M – 12.01M
+7.1% YoY
12.92M
12.52M – 13.25M
+9.7% YoY
13.63M
12.46M – 14.80M
+5.5% YoY
SGA
13.20M
est: 13.51M (-2.3%)
15.21M
est: 19.15M (-20.6%)
17.47M
est: 19.66M (-11.1%)
15.42M
est: 15.27M (+1.0%)
28.51M
est: 22.92M (+24.4%)
38.07M
est: 26.86M (+41.7%)
40.46M
est: 21.95M (+84.3%)
1.90M
est: 21.20M (-91.0%)
1.75M
est: 21.31M (-91.8%)
23.20M
23.19M – 23.21M
+8.9% YoY
23.83M
23.73M – 23.92M
+2.7% YoY
24.67M
24.67M – 24.67M
+3.5% YoY
EPS
2.60
est: 1.89 (+37.3%)
1.97
est: 2.23 (-11.9%)
2.71
est: 2.49 (+8.8%)
1.08
est: 1.42 (-24.1%)
4.25
est: 1.97 (+115.9%)
2.31
est: 2.91 (-20.6%)
1.85
est: 1.65 (+12.0%)
1.96
est: 2.25 (-12.9%)
3.88
est: 2.09 (+85.6%)
2.25
2.21 – 2.28
+7.4% YoY
2.45
2.38 – 2.52
+9.1% YoY
2.59
2.37 – 2.81
+5.8% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A+ 5/5 5/5 4/5 5/5 2/5 4/5 5/5
2026-05-28 A+ 5/5 5/5 4/5 5/5 2/5 4/5 5/5
2026-05-27 A+ 5/5 5/5 4/5 5/5 2/5 4/5 5/5
2026-05-26 A+ 5/5 5/5 4/5 5/5 2/5 4/5 5/5
2026-05-25 A+ 5/5 5/5 4/5 5/5 2/5 4/5 5/5
2026-05-22 A+ 5/5 5/5 4/5 5/5 2/5 4/5 5/5
2026-05-21 A+ 4/5 5/5 4/5 5/5 2/5 4/5 4/5
2026-05-20 A+ 4/5 5/5 4/5 5/5 2/5 4/5 4/5
2026-05-19 A+ 4/5 5/5 4/5 5/5 2/5 4/5 4/5
2026-05-18 A+ 4/5 5/5 4/5 5/5 2/5 4/5 4/5
2026-05-15 A+ 4/5 5/5 4/5 5/5 2/5 4/5 4/5
2026-05-14 A+ 4/5 5/5 4/5 5/5 2/5 4/5 4/5
2026-05-13 A+ 4/5 5/5 4/5 5/5 2/5 4/5 4/5
2026-05-12 A+ 4/5 5/5 4/5 5/5 2/5 4/5 4/5
2026-05-11 A+ 4/5 5/5 4/5 5/5 2/5 4/5 4/5
2026-05-08 A+ 5/5 5/5 4/5 5/5 2/5 4/5 5/5
2026-05-07 A+ 5/5 5/5 4/5 5/5 2/5 4/5 5/5
2026-05-06 A+ 5/5 5/5 4/5 5/5 2/5 4/5 5/5
2026-05-05 A+ 5/5 5/5 4/5 5/5 2/5 4/5 5/5
2026-05-04 A+ 5/5 5/5 4/5 5/5 2/5 4/5 5/5
2026-04-30 A+ 4/5 5/5 4/5 4/5 2/5 4/5 5/5
2026-04-29 A+ 4/5 5/5 4/5 4/5 2/5 4/5 5/5
2026-04-28 A+ 4/5 5/5 4/5 4/5 2/5 4/5 5/5
2026-04-27 A+ 4/5 5/5 4/5 4/5 2/5 4/5 5/5
2026-04-23 A+ 4/5 5/5 4/5 4/5 2/5 4/5 5/5
2026-04-21 A+ 4/5 5/5 4/5 4/5 2/5 4/5 5/5
2026-04-20 A+ 4/5 5/5 4/5 4/5 2/5 4/5 5/5
2026-04-17 A+ 4/5 5/5 4/5 4/5 2/5 4/5 5/5
2026-04-16 A+ 4/5 5/5 4/5 4/5 2/5 4/5 5/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
10.09M
OE per share TTM
1.68
Owner's Yield
8.44%
Maintenance CapEx ratio
—
Maint CapEx / Avg PPE
23.5%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
14.0K
Shares Outstanding
5.23M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Luca Bora Chief Executive Officer, MD, GM & Director — male
Mirco Manganello Financial Reporting Officer & Director — —
Paolo Berloni Deputy Chairman & Chief Information Officer — male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits

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