Inclam (INC.MC) Stock Price

Inclam Price

Delisted·May 8, 2024
1.45EUR
Last traded price

Over the last 7 years Inclam grew revenue by 1.0% annually, reaching 33.24 M EUR. For Inclam, the net margin of 3.5% is broadly stable versus 2.8% a few years ago.

Inclam stock price

Volume
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Inclam over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Inclam stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Inclam's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Inclam Stock Price History
DateInclam Price
Access this data via the Eulerpool API

Inclam Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2012
30.91 M EUR
1.11 M EUR
0.00 EUR
Jan 1, 2013
26.83 M EUR
2.71 M EUR
1.50 M EUR
Jan 1, 2014
27.69 M EUR
2.40 M EUR
784,514.00 EUR
Jan 1, 2015
31.05 M EUR
1.91 M EUR
873,000.00 EUR
Jan 1, 2016
30.39 M EUR
-1.20 M EUR
-1.61 M EUR
Jan 1, 2017
50.11 M EUR
3.09 M EUR
1.46 M EUR
Jan 1, 2018
77.70 M EUR
3.11 M EUR
1.92 M EUR
Jan 1, 2019
33.24 M EUR
2.50 M EUR
1.16 M EUR

Inclam Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 31, 2026, 6:59 PM
 
REVENUEM EUR
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM EUR
EBITM EUR
EBIT MARGIN%
NET INCOMEk EUR
NET INCOME GROWTH%
SHARESM
20122013201420152016201720182019
30.0026.0027.0031.0030.0050.0077.0033.00
-13.333.8514.81-3.2366.6754.00-57.14
50.0026.9222.2219.3516.6720.0020.7845.45
15.007.006.006.005.0010.0016.0015.00
1.002.002.001.00-1.003.003.002.00
3.337.697.413.23-3.336.003.906.06
1,000.00-1,000.001,000.001,000.001,000.00
-200.00
29.2529.2529.2529.2529.2529.2529.2529.25
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Inclam generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Inclam retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Inclam's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Inclam has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Inclam's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Inclam stock margins

The Inclam margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Inclam. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Inclam.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2012
46.47 %
3.60 %
0.00 %
Jan 1, 2013
26.53 %
10.11 %
5.58 %
Jan 1, 2014
23.41 %
8.66 %
2.83 %
Jan 1, 2015
22.17 %
6.15 %
2.81 %
Jan 1, 2016
16.58 %
-3.94 %
-5.31 %
Jan 1, 2017
21.54 %
6.17 %
2.92 %
Jan 1, 2018
21.26 %
4.01 %
2.47 %
Jan 1, 2019
46.47 %
7.52 %
3.48 %

Inclam Stock Revenue, EBIT, Earnings per Share

The Inclam earnings per share therefore indicates how much revenue Inclam has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2012
0.00 EUR
0.00 EUR
0.00 EUR
Jan 1, 2013
0.00 EUR
0.00 EUR
0.00 EUR
Jan 1, 2014
0.00 EUR
0.00 EUR
0.00 EUR
Jan 1, 2015
0.00 EUR
0.00 EUR
0.00 EUR
Jan 1, 2016
0.00 EUR
0.00 EUR
0.00 EUR
Jan 1, 2017
0.00 EUR
0.00 EUR
0.00 EUR
Jan 1, 2018
2.66 EUR
0.11 EUR
0.07 EUR
Jan 1, 2019
1.14 EUR
0.09 EUR
0.04 EUR

Inclam business model & stock analysis

The company Inclam SA is a global consulting firm in the field of environmental and water management. The company was founded in Spain in 1986 and has since experienced continuous growth. Today, Inclam operates in over 30 countries worldwide, with over 900 employees and an annual turnover of more than 100 million euros. Inclam's business model is based on providing comprehensive environmental and water management solutions to government agencies, water providers, industrial companies, and other organizations around the world. With their extensive experience and expertise, the company offers a variety of services to their clients, ranging from water resource development and wastewater treatment to environmental monitoring and management. Inclam is divided into different business areas, all aimed at meeting the needs of their customers. These business areas include water infrastructure, environmental engineering, and renewable energy. Under the water infrastructure business area, Inclam provides comprehensive support in the planning, construction, and monitoring of water and wastewater infrastructure projects. This includes water treatment plants, wastewater facilities, pumping stations, and pipeline systems. The company has extensive experience in implementing projects of all sizes, from small communities to large cities. Another important business area of Inclam is environmental engineering. By developing and implementing technologies for controlling and eliminating environmental pollution, the company helps its clients balance economic progress with environmental preservation. In this business area, Inclam offers numerous services, including pollution control, air purification, odor control, and waste treatment and disposal. The renewable energy sector is the third important business area of Inclam. The company supports its clients in the development and implementation of sustainable energy projects such as solar energy, wind power, and hydropower. Inclam provides comprehensive consulting and support for financing, development, and installation of renewable energy facilities. Inclam is also known for its top-quality products that are used around the world. These include water treatment plants, pumping systems, dosing systems, and measurement technology. These products are used by a variety of customers, including government agencies, industrial companies, and water providers. Another important element of Inclam's business model is research and development. The company continuously invests in the development of new technologies and products to provide its customers with the best possible solutions. Inclam has a dedicated research and development department that collaborates closely with top universities and research institutions. Overall, Inclam is a leading global company in the field of environmental and water management. With its wide range of services and products, extensive industry experience, and continuous investment in research and development, the company is well positioned to offer its customers first-class service.

Inclam SWOT Analysis

Strengths

Inclam SA has a strong market presence and a well-established brand reputation in the industry. The company has a talented and experienced workforce, allowing it to deliver high-quality services and solutions to its clients. Inclam SA also possesses advanced technological capabilities, enabling it to stay competitive and innovative in the market.

Furthermore, the company enjoys strong financial stability and a solid track record of profitable growth. This provides Inclam SA with the resources and flexibility to invest in research and development, expand its operations, and explore new market opportunities.

Weaknesses

Despite its strengths, Inclam SA also faces certain weaknesses. One of the main weaknesses is its limited geographic presence, primarily operating within a specific region. This geographical constraint restricts the company's access to a broader customer base and potential markets. Another weakness lies in its reliance on a few key clients, which poses a risk in case of client attrition or business downturn.

In addition, Inclam SA may have limited visibility compared to some of its larger competitors, which could affect its ability to attract new customers and secure major contracts. The company may also face challenges in adapting to rapidly evolving technology trends and disruptive innovations.

Opportunities

Inclam SA has several opportunities for growth and expansion. One of the key opportunities is the increasing demand for environmental and water management solutions, which aligns with the company's core expertise. The growing focus on sustainability and environmental regulations presents a favorable market environment for Inclam SA to capitalize on.

Moreover, the company can explore potential collaborations or strategic partnerships to enhance its market reach and expand its service offerings. By leveraging its strong technological capabilities, Inclam SA can also tap into emerging markets, such as renewable energy and smart infrastructure.

Threats

Inclam SA faces several potential threats that need careful consideration. One of the major threats is increasing competition from larger, multinational companies with significant financial resources and global reach. This intensified competition can potentially impact Inclam SA's market share and profit margins.

Additionally, economic uncertainties, political instability, or regulatory changes within the regions where Inclam SA operates can pose risks to its business operations. The company should also be vigilant about emerging technologies and market disruptions, as failure to adapt may result in a loss of competitive advantage.

Inclam Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Inclam historical P/E ratio, EBIT multiple, and P/S ratio

Inclam annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Inclam shares outstanding

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2012
29.25 M Stocks
Jan 1, 2013
29.25 M Stocks
Jan 1, 2014
29.25 M Stocks
Jan 1, 2015
29.25 M Stocks
Jan 1, 2016
29.25 M Stocks
Jan 1, 2017
29.25 M Stocks
Jan 1, 2018
29.25 M Stocks
Jan 1, 2019
29.25 M Stocks
Price targets and forecasts for Inclam are not yet available.

Inclam shareholder structure

% Name
17.65959%
Andres Picazo (Alfonso)
Andres Picazo (Alfonso)
16.81865%
Urrutia Valenzuela (Paloma)
Urrutia Valenzuela (Paloma)
12.41135%
Andres Picazo (Rosario)
Andres Picazo (Rosario)
11.26647%
Vicuna Arambarri (Elio J)
Vicuna Arambarri (Elio J)
6.17022%
de Andres Picazo (Eva)
de Andres Picazo (Eva)
5.33942%
Andres Urrutia (Alfonso)
Andres Urrutia (Alfonso)

Inclam Executives and Management Board

AP

Mr. Alfonso Andres Picazo

Executive Chairman of the Board · since 2015

EP

Ms. Eva De Andres Picazo

Vice Chairman of the Board, Chief Financial Officer · since 1988

EA

Mr. Elio Joaquin Vicuna Arambarri

Chief Technology Officer, Non-Member Assistant Secretary of the Board · since 1986

FG

Mr. Fernando Gomez Gomez-Calcerrada

Director

SP

Mr. Santiago Toneu Puigdemunt

Director

Frequently asked questions about Inclam

The business model of Inclam SA is focused on providing comprehensive engineering and consultancy services in the areas of water, climate change, and renewable energy. With a strong emphasis on sustainability, Inclam SA offers tailored solutions for water resource management, water treatment, hydroelectric power generation, and climate change adaptation. The company also offers specialized services including hydrological and meteorological studies, environmental impact assessments, and technical assistance for infrastructure projects. Through its diverse range of services, Inclam SA aims to contribute to the sustainable development and efficient management of water resources, promoting environmental stewardship and social responsibility.

All fundamentals and in-depth analysis of Inclam

Our stock analysis for Inclam stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Inclam. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.