EN DE
Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation

Immobiliare Grande Distribuzione SIIQ S.p.A (0STP) fair value: what the stock is really worth

As of Oct 2, 2026: fair value of Immobiliare Grande Distribuzione SIIQ S.p.A €0.42, price €3.73, upside -88.7%, quality 53 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? No
  2. Good quality? Yes
  3. Add to watchlist

Real Estate · GB · Home Italy · ISIN IT0005322612

IG Thin data Sep 24, 2026

Immobiliare Grande Distribuzione SIIQ S.p.A

0STP · LSE

Stretched ValuationStrong overvaluation with only moderate quality.

!Fair value €0.4200 · Strongly overvalued (−88.7%)
!Quality 53/100
!Weak Growth (revenue 3y +0.5 %/yr)
✓Highly profitable · 25.6% net margin (TTM)
!Moderate debt
·4.0% dividend yield · Safety not assessed
!Moderate moat 58/100
!Evidence only low, so the estimate is less certain
!The models disagree: range €0.4200 to €1.68
Watch Immobiliare Grande Distribuzione SIIQ S.p.A for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free Pro now: $1 first month

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

€6.35 €1.31 Fair Value €0.4200 Jan 2016 Oct 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.

How to read this chart

60‑month range €1.31 – €6.35 · fair‑value band €0.4200 – €1.68 · the €3.73 price screens above the €0.4200 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.

Which stocks are undervalued right now? Check free Discover now →

Company profile

Immobiliare Grande Distribuzione SIIQ S.p.A. is a key player in Italy's retail real estate sector. IGD owns a rich portfolio of shopping centres located throughout Italy, which are managed by in-house asset, property, facility and leasing management divisions. IGD also acts as a service provider, managing portfolios of institutional third parties.

Show more

Immobiliare Grande Distribuzione SIIQ S.p.A. is a key player in Italy's retail real estate sector. IGD owns a rich portfolio of shopping centres located throughout Italy, which are managed by in-house asset, property, facility and leasing management divisions. IGD also acts as a service provider, managing portfolios of institutional third parties. An extensive domestic presence, a solid financial structure, the ability to plan, monitor and manage all phases of a center's life cycle, both freehold and leasehold, as well as ongoing investments in retail and technology innovation, ensure IGD's position as a point of reference in the retail real estate sector. The Company, listed on Borsa Italiana's STAR segment, was the first SIIQ (Società di Investimento Immobiliare Quotata or real estate investment trust) in Italy. IGD's freehold portfolio, valued at more than 1,704.8 million euros at 31 December 2025, includes 8 hypermarkets and supermarkets, 25 shopping malls and retail parks in Italy and a portfolio of shopping centres in 8 Romanian cities, which are managed directly based on the same model used in Italy. The Company also holds 40% of two real estate funds which are comprised of 13 hypermarkets, 4 supermarkets and 2 shopping malls for which IGD manages project, property & facility management activities. Immobiliare Grande Distribuzione SIIQ S.p.A. was incorporated in 1977 in Italy.

Stock analysis

Immobiliare Grande Distribuzione SIIQ S.p.A (0STP) currently trades at €3.73, while our model-based Fair Value estimate is €0.4200, 88.7% below the price, so the stock looks overvalued today.

Show more

Valuation

Bull case: the Dividend Discount group reads highest at a median of €1.77 per share, and 1 of the 4 models we run sit above the €3.73 price.

Bear case: the Multiples group reads lowest at €0.3700, and 3 of the 4 models stay below the price. Evidence for this calculation is low.

Scenario range: €0.4200 (bear) to €1.68 (bull), the price of €3.73 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 53/100 (solid quality), in the Real Estate sector.

Weak Growth: Revenue growth is weak: less than 2 % a year.

Immobiliare Grande Distribuzione SIIQ S.p.A reported revenue of €153M in FY2020 versus €139M in FY2016, a compound +2.4%/yr. Reported net income was −€74.3M in FY2020.

Key figures

Market cap €444M · P/S ratio 3.14 · Dividend yield 4.0% · Net margin −48.7% · Return on equity 3.7% · Return on assets (EBIT) 2.7% · Operating margin 69.7% · Revenue (TTM) €141M.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 35 out of 100 (low confidence).

What moves the price

The share trades about 18% below its 52-week high and 16% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Real Estate peers we cover trades at −24% fair-value upside, at −89%, 0STP screens richer than that median.

Fair Value models

Bear €0.4200 Fair Value €0.4200 Bull €1.68
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
FCF DCF n/a n/a €1.50 73
Growth DCF n/a n/a €1.25 71
Gordon GGM €1.64 €1.77 €1.96 67
All 9 models by family
DCF Models
FCF DCF n/a n/a €1.50 73
5Y Revenue Exit n/a n/a €3.16 66
10Y Revenue Exit n/a n/a €0.4800 61
Dividend Discount
Gordon GGM €1.64 €1.77 €1.96 67
DDM Multi-Stage €1.64 €1.95 €2.36 65
Multiples
EV/Revenue n/a €0.3700 >€1.48 50
Asset-Based
NCAV (Graham) €4.68 €6.27 €9.37 54
Growth DCF
Growth DCF n/a n/a €1.25 71
Rev-Margin DCF n/a n/a €2.80 66

Open the full fair value analysis →

Notify me when 0STP reaches fair value

Put 0STP on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Quality Score breakdown

Overall quality 53/100

Of which business quality 52 · Market factors (momentum, volatility) 62

Profitability 4
Margins and returns on capital today
Quality Growth 30
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 43
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 54
Calm price path (market factor)
Momentum 55
Price trend over the last 3–12 months (market factor)
52W Momentum 81
Distance to the 52-week high (market factor)

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 40/100
Revenue growth is weak: less than 2 % a year.
Revenue growth 1 year
−5.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+0.5%
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
80.8% (2016) → −34.2% (2020)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: no share-count history
not computed

0STP screens overvalued: fair value 89% below the price. Compare with Simon Property Group →

Compare Immobiliare Grande Distribuzione SIIQ S.p.A with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.REIT - Retail · 91 stocks

Beats the industry median on 4/12 measures
Overall it trails its industry peers.
Valuation
Quality Score 56 · Below median
Fair Value upside −61.9% · Bottom 25%
Profitability
Return on equity (TTM) 3.7% · Bottom 25%
Return on assets 3.2% · Above median
Net margin (TTM) 25.6% · Below median
Operating margin (TTM) 69.7% · Top 25%
Growth and dividend
Revenue growth 1.0% · Below median
Dividend yield (TTM) 4.0% · Bottom 25%
Balance sheet
Debt / equity 0.98× · Highest 25%

Valuation Multiplesvs REIT - Retail median · lower = cheaper

P/B 0.46× · Cheapest 25%
P/S (TTM) 3.65× · Cheapest 25%
EV/EBITDA 15.5× · Pricier than median

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more REIT - Retail stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
Simon Property Group SPG $200.76 $114.08 −43%
Realty Income Corporation O $55.35 $87.76 +59%
Kimco Realty Corporation KIM $22.49 $17.46 −22%
Unibail-Rodamco-Westfield SE URW €91.72 €70.12 −24%
CapitaLand Integrated Commercial Trust (CICT or the Trust) C38U 2.24 SGD 1.38 SGD −38%
Regency Centers Corporation REG $73.23 $38.95 −47%
Scentre Group SCG A$3.35 A$3.49 +4%
Link Real Estate Investment Trust (Link REIT) 0823 HK$37.02 HK$38.68 +4%
Federal Realty Investment Trust FRT $108.29 $40.55 −63%
Brixmor Property Group BRX $28.07 $18.82 −33%

Explore undervalued stocks

More undervalued Real Estate stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Calculator with industry benchmark Peter Lynch Fair Value Formula &…Calculator with industry benchmark
Run the numbers yourself: free valuation calculators
DCF CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorFama-French ModelIntrinsic Value
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Immobiliare Grande Distribuzione SIIQ S.p.A · Fair Value
€0.4200 −89%Fair Value
Calculator →

Cite: Fair Value Calculator (2026). "Immobiliare Grande Distribuzione SIIQ S.p.A Fair Value". https://www.fairvalue-calculator.com/stock/0STP

Frequently asked questions

Is Immobiliare Grande Distribuzione SIIQ S.p.A (0STP) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of €0.4200 versus a price of €3.73, about −89% upside (overvalued).
What is the fair value of 0STP?
Our model-based fair value for Immobiliare Grande Distribuzione SIIQ S.p.A is €0.4200 (as of Sep 24, 2026), built from audited fundamentals. The current price: €3.73.
What is the quality score of 0STP?
Immobiliare Grande Distribuzione SIIQ S.p.A has a Quality Score of 53/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Immobiliare Grande Distribuzione SIIQ S.p.A (0STP)?
Our model-based price target is the fair value of €0.4200 (as of Sep 24, 2026) from 9 valuation models. Cautious scenario €0.4200, optimistic scenario €1.68. It is a calculation from audited fundamentals, not an analyst target.
What is the Immobiliare Grande Distribuzione SIIQ S.p.A stock forecast for 2026?
Our models put fair value at €0.4200, about −89% upside versus a price of €3.73 (overvalued). Cautious scenario €0.4200, optimistic scenario €1.68. The calculation is refreshed regularly with new filings.
What is the revenue of Immobiliare Grande Distribuzione SIIQ S.p.A (0STP)?
Immobiliare Grande Distribuzione SIIQ S.p.A reported trailing-twelve-month revenue of about €141M (latest available figure, as of Sep 24, 2026).
Does Immobiliare Grande Distribuzione SIIQ S.p.A pay a dividend?
Immobiliare Grande Distribuzione SIIQ S.p.A currently shows a dividend yield of about 4.02% relative to its recent price (as of Sep 24, 2026).
What is the intrinsic value of Immobiliare Grande Distribuzione SIIQ S.p.A (0STP)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Immobiliare Grande Distribuzione SIIQ S.p.A it is €0.4200 per share (as of Sep 24, 2026), against a price of €3.73. It is the blended result of 9 valuation models (cash flow, earnings, asset, dividend).
Is Immobiliare Grande Distribuzione SIIQ S.p.A stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 0STP trades above its calculated fair value: price €3.73, fair value €0.4200, a gap of about −89% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 0STP?
No. The price is what the market pays today (€3.73); the fair value is what the company's own numbers justify (€0.4200). For Immobiliare Grande Distribuzione SIIQ S.p.A the two are €3.31 per share apart. That gap is exactly why we show both numbers side by side.
How much is Immobiliare Grande Distribuzione SIIQ S.p.A worth?
The market values Immobiliare Grande Distribuzione SIIQ S.p.A at about €444M (market capitalisation, as of Sep 24, 2026). Per share that is €3.73; our models calculate a fair value of €0.4200 per share.
What do the bullish and bearish scenarios say about 0STP?
Our models span a range for Immobiliare Grande Distribuzione SIIQ S.p.A: cautious scenario €0.4200, base €0.4200, optimistic €1.68 per share (as of Sep 24, 2026, price €3.73). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Immobiliare Grande Distribuzione SIIQ S.p.A (0STP)?
Balance-sheet figures for Immobiliare Grande Distribuzione SIIQ S.p.A (as of Sep 24, 2026): return on equity 3.7%, debt of 0.98 per unit of equity. They feed the Quality Score of 53/100, which measures business quality independently of the share price.
How far is 0STP from its 52-week high?
Immobiliare Grande Distribuzione SIIQ S.p.A trades at €3.73, about 18% below its 52-week high of €4.55 and 16% above the low of €3.21 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of €0.4200 is for.
Which stocks are comparable to Immobiliare Grande Distribuzione SIIQ S.p.A?
From the same area (Real Estate) we also value Simon Property Group, Realty Income Corporation, Kimco Realty Corporation, Unibail-Rodamco-Westfield SE, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Immobiliare Grande Distribuzione SIIQ S.p.A stock attractive at the current price?
The data as of Sep 24, 2026: price €3.73, calculated fair value €0.4200 (−89%), Quality Score 53/100, from 9 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 0STP calculated?
We run Immobiliare Grande Distribuzione SIIQ S.p.A through 9 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of €0.4200, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Immobiliare Grande Distribuzione SIIQ S.p.A itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Immobiliare Grande Distribuzione SIIQ S.p.A (0STP)?
The closing price on Oct 2, 2026 was €3.73. Our model-based fair value is €0.4200, about −89% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Immobiliare Grande Distribuzione SIIQ S.p.A right now?
The price sits above even our optimistic bull case (€1.68). The favourable scenario is already priced in. The model range is unusually wide (€0.4200 to €1.68). The outcome hinges heavily on assumptions, so read the point estimate with caution. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (53/100) and above fair value, neither a clear bargain nor a standout compounder.

Key figures of Immobiliare Grande Distribuzione SIIQ S.p.A

How large is the market capitalisation of Immobiliare Grande Distribuzione SIIQ S.p.A (0STP)?
The market capitalisation of Immobiliare Grande Distribuzione SIIQ S.p.A is €444M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Immobiliare Grande Distribuzione SIIQ S.p.A (0STP)?
The price-to-sales ratio of Immobiliare Grande Distribuzione SIIQ S.p.A is 3.14 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of Immobiliare Grande Distribuzione SIIQ S.p.A (0STP)?
The dividend yield of Immobiliare Grande Distribuzione SIIQ S.p.A is 4.0%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Immobiliare Grande Distribuzione SIIQ S.p.A (0STP)?
The net margin of Immobiliare Grande Distribuzione SIIQ S.p.A is −48.7% (fiscal year 2020). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Immobiliare Grande Distribuzione SIIQ S.p.A (0STP)?
The return on equity (ROE) of Immobiliare Grande Distribuzione SIIQ S.p.A is 3.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Immobiliare Grande Distribuzione SIIQ S.p.A (0STP)?
On an EBIT basis the return on assets of Immobiliare Grande Distribuzione SIIQ S.p.A is 2.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Immobiliare Grande Distribuzione SIIQ S.p.A (0STP)?
The operating margin of Immobiliare Grande Distribuzione SIIQ S.p.A is 69.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Immobiliare Grande Distribuzione SIIQ S.p.A (0STP)?
Revenue at Immobiliare Grande Distribuzione SIIQ S.p.A is growing +1.0% versus a year earlier (3y avg +0.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Immobiliare Grande Distribuzione SIIQ S.p.A (0STP)?
Earnings per share at Immobiliare Grande Distribuzione SIIQ S.p.A are growing +653% versus a year earlier. How much earnings per share grew versus a year earlier.
Free · no account needed

Watch Immobiliare Grande Distribuzione SIIQ S.p.A in the live analysis

One click puts Immobiliare Grande Distribuzione SIIQ S.p.A on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.