Inditex is a multibrand fashion conglomerate, founded in 1985. Zara is its flagship brand (including Zara Home), generating just over 70% of revenue and 75% of profits. Other brands include Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Uterque. The company operates through 5,800-plus stores globally, over 1,800 of them belonging to the Zara brand. Sixty-five percent of revenue is generated in the European home market, while the Americas and Asia contribute 20% and 14%, respectively. The company keeps design in house while mostly outsourcing manufacturing (own manufacturing constitutes only a low-single-digit percentage of output). Over 50% of sourcing factories are in proximity to the company's headquarters in Spain.

Financial Strength

10/10

Name	Current	Vs Industry
Cash-To-Debt	1.99
Equity-to-Asset	0.57
Debt-to-Equity	0.31
Debt-to-EBITDA	0.57
Interest Coverage	25.51
Piotroski F-Score	7/9	0 1 2 3 4 5 6 7 8 9
Altman Z-Score	8.66	Distress Grey Safe
Beneish M-Score	-2.74	Manipulator Not Manipulator
WACC vs ROIC		WACC ROIC

Growth Rank

10/10

	Name	Current	Vs Industry		Vs History
	3-Year Revenue Growth Rate	20.7
	3-Year EBITDA Growth Rate	29.9
	3-Year EPS without NRI Growth Rate	70.3
	3-Year FCF Growth Rate	43.2
	3-Year Book Growth Rate	8.7
	Future 3-5Y EPS without NRI Growth Rate	9.12
	Future 3-5Y Total Revenue Growth Rate	14.45

Momentum Rank

9/10

	Name	Current	Vs Industry		Vs History
	5-Day RSI	60.88
	9-Day RSI	57.23
	14-Day RSI	56.42
	6-1 Month Momentum %	36.92
	12-1 Month Momentum %	45.08

Liquidity Ratio

	Name	Current	Vs Industry		Vs History
	Current Ratio	1.79
	Quick Ratio	1.46
	Cash Ratio	1.28
	Days Inventory	84.9
	Days Sales Outstanding	9
	Days Payable	179.95

Dividend & Buy Back

	Name	Current	Vs Industry		Vs History
	Dividend Yield %	1.76
	Dividend Payout Ratio	0.46
	3-Year Dividend Growth Rate	31.5
	Forward Dividend Yield %	2.29
	5-Year Yield-on-Cost %	2.16
	Shareholder Yield %	1.92

Profitability Rank

10/10

	Name	Current	Vs Industry		Vs History
	Gross Margin %	57.75
	Operating Margin %	19.23
	Net Margin %	14.97
	FCF Margin %	18.9
	ROE %	31.65
	ROA %	16.86
	ROIC %	30.75
	ROC (Joel Greenblatt) %	55.38
	ROCE %	32.55
	Years of Profitability over Past 10-Year	10

GF Value Rank

3/10

	Name	Current	Vs Industry		Vs History
	PE Ratio	25.45
	Forward PE Ratio	24.04
	PE Ratio without NRI	25.45
	Shiller PE Ratio	36.65
	Price-to-Owner-Earnings	18.33
	PEG Ratio	2.31
	PS Ratio	3.81
	PB Ratio	7.33
	Price-to-Tangible-Book	8.2
	Price-to-Free-Cash-Flow	20.17
	Price-to-Operating-Cash-Flow	15.82
	EV-to-EBIT	18.97
	EV-to-Forward-EBIT	18.53
	EV-to-EBITDA	13.51
	EV-to-Forward-EBITDA	12.84
	EV-to-Revenue	3.78
	EV-to-Forward-Revenue	3.54
	EV-to-FCF	19.2
	Price-to-Projected-FCF	2.19
	Price-to-DCF (Earnings Based)	2.1
	Price-to-DCF (FCF Based)	0.87
	Price-to-Median-PS-Value	1.09
	Price-to-Peter-Lynch-Fair-Value	2.5
	Price-to-Graham-Number	3.09
	Price-to-Net-Current-Asset-Value	73.13
	Earnings Yield (Greenblatt) %	5.26
	FCF Yield %	4.81
	Forward Rate of Return (Yacktman) %	14.44

GF Value: €37.2

XMAD:ITX

Warning Signs

Warning! GuruFocus detected 3 Medium warning signs with ITX. Try a 7-Day Free Trial to check it out.

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Mobile App 中文

Education

Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us ETF Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.