Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
IEG.MI
BUYREMOVEItalian Exhibition Group S.p.A. · Communication Services · Italy · $463M · Avg Vol: $99K/d
Italian Exhibition Group operates in the physical events and trade show industry, which is highly cyclical and lacks structural tailwinds from our identified macro themes. It does not possess the un-copyable moat or global reinvestment runway required by our investment philosophy.
COMPANY DESCRIPTION
Italian Exhibition Group S.p.A. organizes and hosts trade fairs, exhibitions, and congresses, primarily in the gold, jewelry, food, and green technology sectors. The company's competitive moat is its ownership of premier exhibition venues in Rimini and Vicenza and its portfolio of leading international trade brands. IEG operates as a dominant player in the Italian exhibition industry with expanding international joint ventures.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 182.7M | 242.9M | 285.7M | 304.6M | 18.6% |
| EPS | 0.03 | 0.50 | 1.22 | 1.08 | 242.6% |
| Shares | 30.9M | 30.9M | 30.9M | 30.9M | 0.0% |
| Debt | 157.4M | 153.1M | 137.8M | 132.7M | -5.5% |
| Equity | 110.1M | 121.3M | 156.7M | 171.0M | 15.8% |
| Op CF | 33.3M | 55.6M | 59.3M | 47.4M | 12.4% |
| Inv CF | -15.3M | -16.3M | -31.9M | -58.2M | — |
| Fin CF | -20.4M | -21.8M | -32.3M | -5.1M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Communication Services, ranked by industry match, size, and score similarity. Cross-listings of IEG.MI are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| IEG.MI | Italian Exhibition Group S.p.A.(you) | $463M | 80 | BUY |
| MN.MI | Arnoldo Mondadori Editore S.p.A. | $610M | 80 | BUY |
| RCS.MI | RCS MediaGroup S.p.A. | $557M | 76 | BUY |
| CAI.MI | Cairo Communication S.p.A. | $326M | 77 | BUY |
| DIB.MI | Digital Bros S.p.A. | $174M | 60 | HOLD |
| CDG.MI | Casta Diva Group S.p.A. | $68M | 76 | BUY |
| ITD.MI | Intred S.p.A. | $167M | 48 | HOLD |
| CED.MI | Caltagirone Editore SpA | $296M | 35 | HOLD |
| UD.MI | Unidata S.p.A. | $98M | 56 | HOLD |
| TIT.MI | Telecom Italia S.p.A. | $18.9B | 74 | BUY |
Peer medians: ROE 6.5% · P/E 15.0x · Gross margin 41.9%