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Italian family investment holding company with diversified stakes across industrial, financial and consumer businesses.
Italian family investment holding company with diversified stakes across industrial, financial and consumer businesses.
Holds stakes in companies it picks for the long term and earns from dividends, from gains when it sells and from changes in the value of the stakes, so reported results are lumpy. After selling its large cement holding in the mid-2010s, it reinvested in a wider mix of companies and funds.
In one line: An Italian family holding company like a smaller Wendel.
Moat: narrow (scale, brand). Long-term family-controlled holding with a diversified portfolio, but performance depends on individual deal picking.
Headquarters: Milan, Italy · Founded: 1910 · Employees: 1,871
Size Italmobiliare (ITM.MI) is an Italy Consumer Staples company (Food: Specialty/Candy) with a market value of $1.20B, the 79th largest of 123 Italy companies the cockpit tracks. Shares closed at €25.35 on 6 Nov 2026.
Performance Over six months the shares fell 8.3%, against -19.9% for the median peer and +3.1% for the Italy market (cap-weighted) — 8th highest of 20 in its peer set.
Growth Revenue grew 8.0% over the last twelve months (peer median +5.4%); the operating margin is 13.9% (peer median 7.4%).
Valuation It trades at 12.0× forward earnings against a peer median of 24.6× (4th cheapest of 17).
Capital Return on invested capital runs 3.4 points below its cost of capital (7.0% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €786M | €773M | €701M | €586M | €484M |
| Revenue growth | — | +10% | +20% | +21% | — |
| Gross profit | €184M | €192M | €201M | €158M | €116M |
| EBITDA | €170M | €174M | €175M | €128M | €93.7M |
| Net income | €63.5M | €55.7M | €93.6M | €66.6M | €21.1M |
| Free cash flow | -€53.9M | -€49.8M | -€43.8M | €5.20M | -€113M |
| Capital expenditure | €89.0M | €81.6M | €71.3M | €75.8M | €43.4M |
| Total debt | n/a | €564M | €492M | €344M | €281M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Italmobiliare ITM.MI | $1.20B | -8% | +8% | 14% | 12.0× | n/a |
| Tamburi Investment Partners TIP.MI | $1.72B | +5% | +353% | -539% | 14.0× | n/a |
| Caltagirone CALT.MI | $1.26B | +1% | +10% | 10% | n/a | 0.9% |
| Exor EXO.AS | $26.2B | +10% | +59% | -384% | 26.3× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ITM.MI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +1.6% | -1.7% | 8th highest of 21 |
| 6-month return | -8.3% | -19.9% | 8th highest of 20 |
| Distance from 52-week high | -22.2% | -32.6% | 7th highest of 21 |
| Revenue growth (TTM) | +8.0% | +5.4% | 10th highest of 21 |
| Operating margin | 13.9% | 7.4% | 6th highest of 21 |
| Forward P/E | 12.0× | 24.6× | 4th cheapest of 17 |
| ROIC minus cost of capital | -3.4 pp | +1.5 pp | 6th lowest of 21 |
| EV / EBITDA | 9.7× | 8.9× | 6th most expensive of 13 |
| Net debt / EBITDA | 2.2× | 0.2× | 4th most indebted of 15 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Italmobiliare ITM.MI | Italy | $1.20B | -8% | +8% | 14% | 12.0× | n/a | n/a |
| Snowsky Salt Industry 600929.SS | China | $1.20B | -29% | +32% | 1% | 54.7× | n/a | n/a |
| Nisshin OilliO 2602.T | Japan | $1.22B | +13% | +8% | 3% | 18.0× | 3.1% | +10.5% |
| Lotte 004990.KS | South Korea | $1.18B | -27% | +1% | 2% | 69.5× | n/a | n/a |
| Shandong Bailong Chuangyuan Bio-Tech 605016.SS | China | $1.24B | -28% | +19% | 32% | 18.4× | 8.8% | +22.5% |
| Bikaji Foods International BIKAJI.NS | India | $1.27B | -29% | +14% | 10% | 37.4× | 38.6% | +17.5% |
| Morinaga & 2201.T | Japan | $1.28B | -8% | +3% | 9% | 12.3× | -5.7% | +7.1% |
| Manorama Industries MANORAMA.NS | India | $1.31B | +22% | +60% | 24% | 39.3× | 33.4% | +46.9% |
| Fufeng 0546.HK | Hong Kong | $1.31B | -37% | +1% | 4% | 7.4× | n/a | n/a |
| Jiangxi Qiyunshan Food 2797.HK | Hong Kong | $1.10B | n/a | -7% | 17% | n/a | n/a | n/a |
| JinJian Cereals Industry 600127.SS | China | $1.08B | +64% | +1% | -1% | n/a | n/a | n/a |
| Huabao International 0336.HK | Hong Kong | $1.34B | -25% | +13% | 3% | 25.3× | 16.2% | -2.7% |
| Star Lake Bioscience 600866.SS | China | $1.07B | -26% | -3% | 0% | 37.2× | n/a | n/a |
| CCL Products (India) CCL.NS | India | $1.37B | -20% | +24% | 13% | 25.8× | 17.9% | +29.1% |
| ORION 001800.KS | South Korea | $1.06B | -4% | +15% | 15% | n/a | -16.5% | +8.3% |
| Yantai China Pet Foods 002891.SZ | China | $1.39B | -15% | +21% | 4% | 32.6× | n/a | n/a |
| ARIAKE JAPAN 2815.T | Japan | $1.04B | -5% | +3% | 17% | 17.4× | -7.4% | +6.1% |
| Seneca Foods SENEA | United States | $1.03B | +9% | +12% | 9% | 10.9× | -15.1% | +2.5% |
| Flowers Foods FLO | United States | $1.42B | -20% | +2% | 6% | 8.8× | -7.6% | +3.7% |
| Qianhe Condiment & Food 603027.SS | China | $1.43B | -21% | -6% | 14% | 23.9× | 3.1% | +8.8% |
| Namchow Food Group (Shanghai) 605339.SS | China | $1.01B | -2% | -5% | -1% | n/a | n/a | n/a |