Risk factor
Poor trading liquidity
Profitability factor
Undervalued vs peers
About
Immsi S.p.A., established in 2000 and based in Mantua, Italy, is a multi-faceted company with interests spanning industrial production, real estate, and maritime construction. Its business activities extend across Italy, the broader European continent, India, the United States, and other international regions. In its industrial segment, the company manufactures a diverse range of motor vehicles, including popular two-wheeled models such as scooters, mopeds, and motorcycles, marketed under well-known brands like Piaggio, Vespa, Gilera, Aprilia, Moto Guzzi, Derbi, and Scarabeo. It also produces light commercial vehicles like the three- and four-wheeled Ape and Porter. Complementing its vehicle offerings, Immsi supplies engines, spare parts, and accessories. The property division oversees the operation of a tourist and holiday resort, alongside investments in various real estate development projects. Additionally, the marine sector is engaged in the construction of high-speed vessels, including hydrofoils, fast ferries (both mono-hull and catamaran designs), luxury yachts, and specialized military craft such as mine-hunters and fast patrol boats.
Company Valuation
From both historical and forecast perspectives, the stock is underpriced compared to similar stocks. Specifically, the stock is undervalued on EV/EBITDA, underpriced on P