DATALOGIC SPA (DAL.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:DAL - IT0004053440 - Common Stock
4.23 EUR
+0.02 (+0.48%)
Taking everything into account, DAL scores 4 out of 10 in our fundamental rating. DAL was compared to 51 industry peers in the Electronic Equipment, Instruments & Components industry. Both the profitability and the financial health of DAL get a neutral evaluation. Nothing too spectacular is happening here. DAL is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- DAL had positive earnings in the past year.
- In the past year DAL had a positive cash flow from operations.
- In the past 5 years DAL has always been profitable.
- DAL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- DAL's Return On Assets of 0.57% is in line compared to the rest of the industry. DAL outperforms 50.00% of its industry peers.
- DAL has a Return On Equity (1.05%) which is comparable to the rest of the industry.
- DAL has a Return On Invested Capital of 0.60%. This is comparable to the rest of the industry: DAL outperforms 40.38% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for DAL is significantly below the industry average of 7.60%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.57% | ||
| ROE | 1.05% | ||
| ROIC | 0.6% |
ROA(3y)2.25%
ROA(5y)2.68%
ROE(3y)4.06%
ROE(5y)5.04%
ROIC(3y)2.01%
ROIC(5y)3.06%
1.3 Margins
- DAL's Profit Margin of 0.83% is in line compared to the rest of the industry. DAL outperforms 55.77% of its industry peers.
- In the last couple of years the Profit Margin of DAL has declined.
- With a Operating Margin value of 0.88%, DAL perfoms like the industry average, outperforming 40.38% of the companies in the same industry.
- DAL's Operating Margin has declined in the last couple of years.
- DAL's Gross Margin of 42.74% is in line compared to the rest of the industry. DAL outperforms 55.77% of its industry peers.
- In the last couple of years the Gross Margin of DAL has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.88% | ||
| PM (TTM) | 0.83% | ||
| GM | 42.74% |
OM growth 3Y-61.88%
OM growth 5Y-47.44%
PM growth 3Y-24.88%
PM growth 5Y-20.24%
GM growth 3Y-0.73%
GM growth 5Y-3.1%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), DAL is destroying value.
- The number of shares outstanding for DAL remains at a similar level compared to 1 year ago.
- The number of shares outstanding for DAL has been reduced compared to 5 years ago.
- DAL has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 1.87 indicates that DAL is not a great score, but indicates only limited risk for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 1.87, DAL is doing worse than 61.54% of the companies in the same industry.
- The Debt to FCF ratio of DAL is 13.46, which is on the high side as it means it would take DAL, 13.46 years of fcf income to pay off all of its debts.
- DAL has a Debt to FCF ratio of 13.46. This is in the lower half of the industry: DAL underperforms 65.38% of its industry peers.
- A Debt/Equity ratio of 0.24 indicates that DAL is not too dependend on debt financing.
- DAL has a better Debt to Equity ratio (0.24) than 63.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 13.46 | ||
| Altman-Z | 1.87 |
ROIC/WACC0.09
WACC6.95%
2.3 Liquidity
- A Current Ratio of 1.57 indicates that DAL should not have too much problems paying its short term obligations.
- With a Current ratio value of 1.57, DAL perfoms like the industry average, outperforming 46.15% of the companies in the same industry.
- DAL has a Quick Ratio of 1.05. This is a normal value and indicates that DAL is financially healthy and should not expect problems in meeting its short term obligations.
- DAL has a Quick ratio (1.05) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.57 | ||
| Quick Ratio | 1.05 |
3. Growth
3.1 Past
- DAL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -36.75%.
- DAL shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -21.89% yearly.
- Looking at the last year, DAL shows a small growth in Revenue. The Revenue has grown by 1.44% in the last year.
- The Revenue has been decreasing by -3.36% on average over the past years.
EPS 1Y (TTM)-36.75%
EPS 3Y-28.41%
EPS 5Y-21.89%
EPS Q2Q%57.14%
Revenue 1Y (TTM)1.44%
Revenue growth 3Y-6.18%
Revenue growth 5Y-3.36%
Sales Q2Q%-3.73%
3.2 Future
- DAL is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 30.59% yearly.
- Based on estimates for the next years, DAL will show a small growth in Revenue. The Revenue will grow by 3.85% on average per year.
EPS Next Y-7.87%
EPS Next 2Y30.67%
EPS Next 3Y30.59%
EPS Next 5YN/A
Revenue Next Year-0.98%
Revenue Next 2Y2.17%
Revenue Next 3Y3.17%
Revenue Next 5Y3.85%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 52.88, DAL can be considered very expensive at the moment.
- Compared to the rest of the industry, the Price/Earnings ratio of DAL is on the same level as its industry peers.
- DAL's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.21.
- Based on the Price/Forward Earnings ratio of 15.33, the valuation of DAL can be described as correct.
- The rest of the industry has a similar Price/Forward Earnings ratio as DAL.
- When comparing the Price/Forward Earnings ratio of DAL to the average of the S&P500 Index (24.26), we can say DAL is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 52.88 | ||
| Fwd PE | 15.33 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, DAL is valued cheaper than 80.77% of the companies in the same industry.
- DAL's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.54 | ||
| EV/EBITDA | 6.08 |
4.3 Compensation for Growth
- DAL's earnings are expected to grow with 30.59% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y30.67%
EPS Next 3Y30.59%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 2.85%, DAL has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 1.56, DAL pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.81, DAL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.85% |
5.2 History
- The dividend of DAL decreases each year by -24.91%.
Dividend Growth(5Y)-24.91%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 156.64% of the earnings are spent on dividend by DAL. This is not a sustainable payout ratio.
DP156.64%
EPS Next 2Y30.67%
EPS Next 3Y30.59%
DATALOGIC SPA / DAL.MI FAQ
What is the fundamental rating for DAL stock?
ChartMill assigns a fundamental rating of 4 / 10 to DAL.MI.
What is the valuation status of DATALOGIC SPA (DAL.MI) stock?
ChartMill assigns a valuation rating of 4 / 10 to DATALOGIC SPA (DAL.MI). This can be considered as Fairly Valued.
How profitable is DATALOGIC SPA (DAL.MI) stock?
DATALOGIC SPA (DAL.MI) has a profitability rating of 4 / 10.
What are the PE and PB ratios of DATALOGIC SPA (DAL.MI) stock?
The Price/Earnings (PE) ratio for DATALOGIC SPA (DAL.MI) is 52.88 and the Price/Book (PB) ratio is 0.64.
What is the financial health of DATALOGIC SPA (DAL.MI) stock?
The financial health rating of DATALOGIC SPA (DAL.MI) is 4 / 10.