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DEXELANCE SPA (DEX.MI) Stock Fundamental Analysis

Europe - Euronext Milan - BIT:DEX - IT0005543480 - Common Stock

4.04 EUR
+0.07 (+1.76%)
Last: 1/21/2026, 7:00:00 PM
Fundamental Rating

4

Taking everything into account, DEX scores 4 out of 10 in our fundamental rating. DEX was compared to 32 industry peers in the Household Durables industry. DEX has a medium profitability rating, but doesn't score so well on its financial health evaluation. DEX is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • DEX had positive earnings in the past year.
  • DEX had a positive operating cash flow in the past year.
  • DEX had positive earnings in 4 of the past 5 years.
  • Each year in the past 5 years DEX had a positive operating cash flow.
DEX.MI Yearly Net Income VS EBIT VS OCF VS FCFDEX.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2020 2021 2022 2023 2024 0 10M 20M 30M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 2.20%, DEX is in line with its industry, outperforming 56.25% of the companies in the same industry.
  • DEX has a Return On Equity (5.87%) which is comparable to the rest of the industry.
  • DEX has a Return On Invested Capital of 3.48%. This is comparable to the rest of the industry: DEX outperforms 40.63% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for DEX is in line with the industry average of 9.71%.
  • The last Return On Invested Capital (3.48%) for DEX is well below the 3 year average (7.89%), which needs to be investigated, but indicates that DEX had better years and this may not be a problem.
Industry RankSector Rank
ROA 2.2%
ROE 5.87%
ROIC 3.48%
ROA(3y)2.51%
ROA(5y)3.41%
ROE(3y)6.18%
ROE(5y)10.61%
ROIC(3y)7.89%
ROIC(5y)6.91%
DEX.MI Yearly ROA, ROE, ROICDEX.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2020 2021 2022 2023 2024 0 5 -5 10 -10 15

1.3 Margins

  • DEX's Profit Margin of 1.97% is in line compared to the rest of the industry. DEX outperforms 53.13% of its industry peers.
  • In the last couple of years the Profit Margin of DEX has declined.
  • DEX has a Operating Margin of 2.98%. This is comparable to the rest of the industry: DEX outperforms 40.63% of its industry peers.
  • DEX's Operating Margin has declined in the last couple of years.
  • DEX has a Gross Margin (37.82%) which is comparable to the rest of the industry.
  • In the last couple of years the Gross Margin of DEX has grown nicely.
Industry RankSector Rank
OM 2.98%
PM (TTM) 1.97%
GM 37.82%
OM growth 3Y-4.54%
OM growth 5YN/A
PM growth 3Y-11.3%
PM growth 5YN/A
GM growth 3Y7.21%
GM growth 5YN/A
DEX.MI Yearly Profit, Operating, Gross MarginsDEX.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2020 2021 2022 2023 2024 0 10 20 30 40

More info and screens

3

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so DEX is still creating some value.
  • DEX has less shares outstanding than it did 1 year ago.
  • Compared to 1 year ago, DEX has an improved debt to assets ratio.
DEX.MI Yearly Shares OutstandingDEX.MI Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 2024 5M 10M 15M 20M 25M
DEX.MI Yearly Total Debt VS Total AssetsDEX.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 2024 100M 200M 300M 400M

2.2 Solvency

  • Based on the Altman-Z score of 1.71, we must say that DEX is in the distress zone and has some risk of bankruptcy.
  • The Altman-Z score of DEX (1.71) is worse than 62.50% of its industry peers.
  • DEX has a debt to FCF ratio of 23.75. This is a negative value and a sign of low solvency as DEX would need 23.75 years to pay back of all of its debts.
  • DEX's Debt to FCF ratio of 23.75 is in line compared to the rest of the industry. DEX outperforms 43.75% of its industry peers.
  • A Debt/Equity ratio of 0.34 indicates that DEX is not too dependend on debt financing.
  • The Debt to Equity ratio of DEX (0.34) is better than 68.75% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.34
Debt/FCF 23.75
Altman-Z 1.71
ROIC/WACC0.58
WACC6.04%
DEX.MI Yearly LT Debt VS Equity VS FCFDEX.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2020 2021 2022 2023 2024 50M 100M 150M

2.3 Liquidity

  • DEX has a Current Ratio of 1.06. This is a normal value and indicates that DEX is financially healthy and should not expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 1.06, DEX is doing worse than 78.13% of the companies in the same industry.
  • A Quick Ratio of 0.75 indicates that DEX may have some problems paying its short term obligations.
  • DEX has a Quick ratio (0.75) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 1.06
Quick Ratio 0.75
DEX.MI Yearly Current Assets VS Current LiabilitesDEX.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 2024 50M 100M 150M

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4

3. Growth

3.1 Past

  • DEX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -65.75%.
  • DEX shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.38% yearly.
  • DEX shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.70%.
  • DEX shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 31.04% yearly.
EPS 1Y (TTM)-65.75%
EPS 3Y16.38%
EPS 5YN/A
EPS Q2Q%-825%
Revenue 1Y (TTM)9.7%
Revenue growth 3Y31.04%
Revenue growth 5YN/A
Sales Q2Q%2.53%

3.2 Future

  • The Earnings Per Share is expected to decrease by -5.58% on average over the next years.
  • Based on estimates for the next years, DEX will show a small growth in Revenue. The Revenue will grow by 5.23% on average per year.
EPS Next Y-43.72%
EPS Next 2Y-11.99%
EPS Next 3Y-5.58%
EPS Next 5YN/A
Revenue Next Year4.31%
Revenue Next 2Y5.75%
Revenue Next 3Y5.23%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
DEX.MI Yearly Revenue VS EstimatesDEX.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 100M 200M 300M
DEX.MI Yearly EPS VS EstimatesDEX.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2023 2024 2025 2026 2027 0.2 0.4 0.6 0.8 1

More info and screens

5

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 12.24 indicates a correct valuation of DEX.
  • 78.13% of the companies in the same industry are more expensive than DEX, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 27.32. DEX is valued rather cheaply when compared to this.
  • The Price/Forward Earnings ratio is 6.10, which indicates a rather cheap valuation of DEX.
  • Based on the Price/Forward Earnings ratio, DEX is valued cheaply inside the industry as 87.50% of the companies are valued more expensively.
  • DEX's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.30.
Industry RankSector Rank
PE 12.24
Fwd PE 6.1
DEX.MI Price Earnings VS Forward Price EarningsDEX.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 87.50% of the companies in the same industry are more expensive than DEX, based on the Enterprise Value to EBITDA ratio.
  • DEX's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 30.5
EV/EBITDA 4.31
DEX.MI Per share dataDEX.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15

4.3 Compensation for Growth

  • DEX's earnings are expected to decrease with -5.58% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-11.99%
EPS Next 3Y-5.58%

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0

5. Dividend

5.1 Amount

  • No dividends for DEX!.
Industry RankSector Rank
Dividend Yield 0%

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DEXELANCE SPA

BIT:DEX (1/21/2026, 7:00:00 PM)

4.04

+0.07 (+1.76%)

Chartmill FA Rating
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)N/A
Earnings (Next)N/A
Inst Owners13.73%
Inst Owner ChangeN/A
Ins Owners3.17%
Ins Owner ChangeN/A
Market Cap108.80M
Revenue(TTM)481.13M
Net Income(TTM)9.48M
Analysts85.71
Price Target8.91 (120.54%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-4.73%
PT rev (3m)-14.1%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-14.37%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.13%
Valuation
Industry RankSector Rank
PE 12.24
Fwd PE 6.1
P/S 0.23
P/FCF 30.5
P/OCF 10.34
P/B 0.67
P/tB N/A
EV/EBITDA 4.31
EPS(TTM)0.33
EY8.17%
EPS(NY)0.66
Fwd EY16.4%
FCF(TTM)0.13
FCFY3.28%
OCF(TTM)0.39
OCFY9.67%
SpS17.87
BVpS6
TBVpS-2.2
PEG (NY)N/A
PEG (5Y)N/A
Graham Number6.67
Profitability
Industry RankSector Rank
ROA 2.2%
ROE 5.87%
ROCE 4.78%
ROIC 3.48%
ROICexc 3.89%
ROICexgc 22.15%
OM 2.98%
PM (TTM) 1.97%
GM 37.82%
FCFM 0.74%
ROA(3y)2.51%
ROA(5y)3.41%
ROE(3y)6.18%
ROE(5y)10.61%
ROIC(3y)7.89%
ROIC(5y)6.91%
ROICexc(3y)10.38%
ROICexc(5y)9.17%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)10.86%
ROCE(5y)9.5%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y-10.93%
ROICexc growth 5YN/A
OM growth 3Y-4.54%
OM growth 5YN/A
PM growth 3Y-11.3%
PM growth 5YN/A
GM growth 3Y7.21%
GM growth 5YN/A
F-Score7
Asset Turnover1.12
Health
Industry RankSector Rank
Debt/Equity 0.34
Debt/FCF 23.75
Debt/EBITDA 1.49
Cap/Depr 30.32%
Cap/Sales 1.44%
Interest Coverage 250
Cash Conversion 28.23%
Profit Quality 37.61%
Current Ratio 1.06
Quick Ratio 0.75
Altman-Z 1.71
F-Score7
WACC6.04%
ROIC/WACC0.58
Cap/Depr(3y)32.47%
Cap/Depr(5y)34.25%
Cap/Sales(3y)1.91%
Cap/Sales(5y)2.11%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-65.75%
EPS 3Y16.38%
EPS 5YN/A
EPS Q2Q%-825%
EPS Next Y-43.72%
EPS Next 2Y-11.99%
EPS Next 3Y-5.58%
EPS Next 5YN/A
Revenue 1Y (TTM)9.7%
Revenue growth 3Y31.04%
Revenue growth 5YN/A
Sales Q2Q%2.53%
Revenue Next Year4.31%
Revenue Next 2Y5.75%
Revenue Next 3Y5.23%
Revenue Next 5YN/A
EBIT growth 1Y-62.21%
EBIT growth 3Y25.09%
EBIT growth 5YN/A
EBIT Next Year1.44%
EBIT Next 3Y9.74%
EBIT Next 5YN/A
FCF growth 1Y-74.95%
FCF growth 3Y8.28%
FCF growth 5YN/A
OCF growth 1Y-42.38%
OCF growth 3Y11.3%
OCF growth 5YN/A

DEXELANCE SPA / DEX.MI FAQ

What is the fundamental rating for DEX stock?

ChartMill assigns a fundamental rating of 4 / 10 to DEX.MI.


What is the valuation status for DEX stock?

ChartMill assigns a valuation rating of 5 / 10 to DEXELANCE SPA (DEX.MI). This can be considered as Fairly Valued.


What is the profitability of DEX stock?

DEXELANCE SPA (DEX.MI) has a profitability rating of 5 / 10.


Can you provide the PE and PB ratios for DEX stock?

The Price/Earnings (PE) ratio for DEXELANCE SPA (DEX.MI) is 12.24 and the Price/Book (PB) ratio is 0.67.


What is the financial health of DEXELANCE SPA (DEX.MI) stock?

The financial health rating of DEXELANCE SPA (DEX.MI) is 3 / 10.