DEXELANCE SPA (DEX.MI) Fundamental Analysis & Valuation

BIT:DEX • IT0005543480

2.92 EUR
+0.11 (+3.91%)
Last: Mar 9, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership

This DEX.MI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to DEX. 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 has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

4

1. DEX.MI Profitability Analysis

1.1 Basic Checks

  • DEX had positive earnings in the past year.
  • DEX had a positive operating cash flow in the past year.
  • Of the past 5 years DEX 4 years were profitable.
  • DEX had a positive operating cash flow in each of the past 5 years.
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

  • DEX has a Return On Assets (2.20%) which is in line with its industry peers.
  • DEX has a Return On Equity (5.87%) which is in line with its industry peers.
  • DEX has a Return On Invested Capital (3.48%) which is in line with its industry peers.
  • The Average Return On Invested Capital over the past 3 years for DEX is below the industry average of 9.99%.
  • 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 50.00% 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.
  • In the last couple of years the Operating Margin of DEX has declined.
  • The Gross Margin of DEX (37.82%) is comparable to the rest of the industry.
  • DEX's Gross Margin has improved in the last couple of years.
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

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3

2. DEX.MI Health Analysis

2.1 Basic Checks

  • DEX has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • The number of shares outstanding for DEX has been reduced compared to 1 year ago.
  • DEX has a better debt/assets ratio than last year.
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 1.65, we must say that DEX is in the distress zone and has some risk of bankruptcy.
  • DEX has a worse Altman-Z score (1.65) than 68.75% of its industry peers.
  • The Debt to FCF ratio of DEX is 23.75, which is on the high side as it means it would take DEX, 23.75 years of fcf income to pay off 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 46.88% of its industry peers.
  • A Debt/Equity ratio of 0.34 indicates that DEX is not too dependend on debt financing.
  • DEX has a Debt to Equity ratio of 0.34. This is in the better half of the industry: DEX outperforms 62.50% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.34
Debt/FCF 23.75
Altman-Z 1.65
ROIC/WACC0.6
WACC5.79%
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

  • A Current Ratio of 1.06 indicates that DEX should not have too much problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 1.06, DEX is doing worse than 81.25% 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 worse Quick ratio (0.75) than 65.63% of its industry peers.
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

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. DEX.MI Growth Analysis

3.1 Past

  • DEX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -65.75%.
  • The Earnings Per Share has been growing by 16.38% on average over the past years. This is quite good.
  • The Revenue has grown by 9.70% in the past year. This is quite good.
  • The Revenue has been growing by 31.04% on average over the past years. This is a very strong growth!
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

  • Based on estimates for the next years, DEX will show a decrease in Earnings Per Share. The EPS will decrease by -8.46% on average per year.
  • The Revenue is expected to grow by 5.23% on average over the next years.
EPS Next Y-43.72%
EPS Next 2Y-15.18%
EPS Next 3Y-8.46%
EPS Next 5YN/A
Revenue Next Year4.31%
Revenue Next 2Y5.75%
Revenue Next 3Y5.23%
Revenue Next 5YN/A

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 decreasing.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
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

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6

4. DEX.MI Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 8.85 indicates a reasonable valuation of DEX.
  • DEX's Price/Earnings ratio is rather cheap when compared to the industry. DEX is cheaper than 81.25% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 26.25. DEX is valued rather cheaply when compared to this.
  • Based on the Price/Forward Earnings ratio of 4.74, the valuation of DEX can be described as very cheap.
  • Based on the Price/Forward Earnings ratio, DEX is valued cheaply inside the industry as 93.75% of the companies are valued more expensively.
  • The average S&P500 Price/Forward Earnings ratio is at 24.39. DEX is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 8.85
Fwd PE 4.74
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

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DEX indicates a rather cheap valuation: DEX is cheaper than 93.75% of the companies listed in the same industry.
  • DEX's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 22.05
EV/EBITDA 3.5
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 -8.46% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-15.18%
EPS Next 3Y-8.46%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. DEX.MI Dividend Analysis

5.1 Amount

  • DEX does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

DEX.MI Fundamentals: All Metrics, Ratios and Statistics

DEXELANCE SPA

BIT:DEX (3/9/2026, 7:00:00 PM)

2.92

+0.11 (+3.91%)

Chartmill FA Rating
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)N/A
Earnings (Next)N/A
Inst Owners13.6%
Inst Owner ChangeN/A
Ins Owners3.17%
Ins Owner ChangeN/A
Market Cap78.64M
Revenue(TTM)481.13M
Net Income(TTM)9.48M
Analysts85.71
Price Target8.91 (205.14%)
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)0%
PT rev (3m)-4.73%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 8.85
Fwd PE 4.74
P/S 0.16
P/FCF 22.05
P/OCF 7.48
P/B 0.49
P/tB N/A
EV/EBITDA 3.5
EPS(TTM)0.33
EY11.3%
EPS(NY)0.62
Fwd EY21.08%
FCF(TTM)0.13
FCFY4.54%
OCF(TTM)0.39
OCFY13.37%
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 1.65
F-Score7
WACC5.79%
ROIC/WACC0.6
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-15.18%
EPS Next 3Y-8.46%
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 6 / 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 4 / 10.


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

The Price/Earnings (PE) ratio for DEXELANCE SPA (DEX.MI) is 8.85 and the Price/Book (PB) ratio is 0.49.


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

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