Inwit: Dropping Coverage
We will discontinue analyst coverage of Inwit on or about Nov. 27.
Infrastrutture Wireless Italiane SpA INW
Bulls Say, Bears Say
Bulls
If Inwit succeeds in court, we expect this to be a positive catalyst for the stock. A moderate settlement and reestablishment of healthy relationships with tenants would also be a positive event.
Bears
The legal dispute with its anchor tenants is a very high-uncertainty event that puts at risk the long-term viability of the company.
News
Trading Information
- Previous Close Price
- €7.40
- Day Range
- €7.35–7.50
- 52-Week Range
- €5.98–9.09
- Bid/Ask
- €7.48 / €7.49
- Shares Outstanding
- 902.49M
- Market Cap
- €6.76B
- Volume/Avg
- 488,577 / 2M
Key Statistics
- Price/Earnings (Normalized)
- 19.73
- Price/Sales
- 6.22
- Dividend Yield (Trailing)
- 7.49%
- Dividend Yield (Forward)
- 7.49%
- Dividend Payment Schedule
- May
- Total Yield
- 7.61%
Company Profile
Inwit is an Italian wireless tower company born from the spinoff of Telecom Italia’s tower assets in 2015. In 2020, Inwit merged its tower assets with those of Vodafone Italia, creating a tower leader in the Italian market with a high-quality portfolio derived from the networks created by Telecom Italia and Vodafone over the past two decades. Inwit owns 25,000 towers, having the highest tenancy ratio and EBITDA margin among the European tower firms. Cellnex is Inwit’s main competitor in Italy, owning a similar number of towers.
- Sector
- Real Estate
- Industry
- Real Estate Services
- Stock Style Box
- Mid Value
- Total Number of Employees
- 342
- Website
- https://www.inwit.it
Competitors
Valuation
Metric | INW | CLNX | AMT |
|---|---|---|---|
Price/Earnings (Normalized) | 19.73 | 53.39 | 25.13 |
Price/Book Value | 2.08 | 1.48 | 25.05 |
Price/Sales | 6.22 | 4.22 | 8.05 |
Price/Cash Flow | 9.01 | 7.41 | 15.52 |
Price/Earnings
INW
CLNX
AMT
Financial Strength
Metric | INW | CLNX | AMT |
|---|---|---|---|
Quick Ratio | 0.35 | 0.46 | 0.31 |
Current Ratio | 0.37 | 0.47 | 0.35 |
Interest Coverage | 3.53 | 0.46 | 3.64 |
Quick Ratio
INW
CLNX
AMT
Profitability
Metric | INW | CLNX | AMT |
|---|---|---|---|
Return on Assets (Normalized) | 3.59% | −0.55% | 5.68% |
Return on Equity (Normalized) | 9.84% | −1.91% | 97.86% |
Return on Invested Capital (Normalized) | 5.43% | 0.91% | 8.45% |
Return on Assets
INW
CLNX
AMT
Real Estate Services Industry Comparables
1-Day Chart | Name | Price | Morningstar Rating for Stocks | Capital Allocation | Economic Moat | Market Cap |
|---|---|---|---|---|---|---|
| CBRE Group Inc Class A CBRE | LOCK|tL<Rg! | LOCK|G^#!% | $38B | |||
| Sumitomo Realty & Development Co Ltd SURDF | — | LOCK|?w! | $20B | |||
| Sumitomo Realty & Development Co Ltd ADR SURYY | — | LOCK|tY | $20B | |||
| KE Holdings Inc ADR BEKE | LOCK|#!!?LR | LOCK|@#jQ | $20B | |||
| Cellnex Telecom SA ADR CLLNY | — | LOCK|VR<Xh | $19B | |||
| Cellnex Telecom SA CLNXF | — | LOCK|BP&c# | $19B | |||
| Swire Properties Ltd SWPFF | — | LOCK|#hfN# | $19B | |||
| Jones Lang LaSalle Inc JLL | LOCK|?Jw@Wd | LOCK|jQkpx | $17B | |||
| CoStar Group Inc CSGP | LOCK|^QdFXB | LOCK|#n&Vc | $12B | |||
| Cushman & Wakefield Ltd CWK | LOCK|YT^^z$H | LOCK|>k | $3B |
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