Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
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.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBIT
Target Price
The average target price of INDB.MI is 23.2 and suggests 27.7% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i