DEXELANCE SPA (DEX.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:DEX - IT0005543480 - Common Stock
4.45 EUR
-1.09 (-19.68%)
We assign a fundamental rating of 4 out of 10 to DEX. DEX was compared to 36 industry peers in the Household Durables industry. While DEX is still in line with the averages on profitability rating, there are concerns on its financial health. DEX has a decent growth rate and is not valued too expensively.
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.
1.2 Ratios
The Return On Assets of DEX (2.20%) is comparable to the rest of the industry.
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 in line with the industry average of 9.62%.
The 3 year average ROIC (7.89%) for DEX is well above the current ROIC(3.48%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector 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%
1.3 Margins
The Profit Margin of DEX (1.97%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of DEX has declined.
The Operating Margin of DEX (2.98%) is comparable to the rest of the industry.
DEX's Operating Margin has declined in the last couple of years.
DEX has a Gross Margin of 37.82%. This is comparable to the rest of the industry: DEX outperforms 47.22% of its industry peers.
In the last couple of years the Gross Margin of DEX has grown nicely.
| Industry Rank | Sector 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
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), DEX is creating some value.
The number of shares outstanding for DEX has been reduced compared to 1 year ago.
The debt/assets ratio for DEX has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.80, we must say that DEX is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.80, DEX perfoms like the industry average, outperforming 47.22% of the companies in the same industry.
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 has a Debt to FCF ratio of 23.75. This is comparable to the rest of the industry: DEX outperforms 44.44% of its industry peers.
A Debt/Equity ratio of 0.34 indicates that DEX is not too dependend on debt financing.
DEX has a better Debt to Equity ratio (0.34) than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 23.75 | ||
| Altman-Z | 1.8 |
ROIC/WACC0.58
WACC5.97%
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.
DEX has a Current ratio of 1.06. This is in the lower half of the industry: DEX underperforms 75.00% of its industry peers.
A Quick Ratio of 0.75 indicates that DEX may have some problems paying its short term obligations.
With a Quick ratio value of 0.75, DEX perfoms like the industry average, outperforming 41.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.75 |
3. Growth
3.1 Past
The earnings per share for DEX have decreased strongly by -65.75% in the last year.
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.
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
DEX is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -5.58% yearly.
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.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 13.48, which indicates a correct valuation of DEX.
Compared to the rest of the industry, the Price/Earnings ratio of DEX indicates a somewhat cheap valuation: DEX is cheaper than 72.22% of the companies listed in the same industry.
DEX is valuated rather cheaply when we compare the Price/Earnings ratio to 26.54, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 6.72, which indicates a rather cheap valuation of DEX.
69.44% of the companies in the same industry are more expensive than DEX, based on the Price/Forward Earnings ratio.
DEX is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.78, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.48 | ||
| Fwd PE | 6.72 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DEX indicates a somewhat cheap valuation: DEX is cheaper than 75.00% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of DEX is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.6 | ||
| EV/EBITDA | 5.4 |
4.3 Compensation for Growth
A cheap valuation may be justified as DEX's earnings are expected to decrease with -5.58% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-11.99%
EPS Next 3Y-5.58%
5. Dividend
5.1 Amount
DEX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BIT:DEX (12/12/2025, 7:00:00 PM)
4.45
-1.09 (-19.68%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners14.05%
Inst Owner ChangeN/A
Ins Owners3.17%
Ins Owner ChangeN/A
Market Cap119.84M
Revenue(TTM)481.13M
Net Income(TTM)9.48M
Analysts85.71
Price Target9.35 (110.11%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)-9.84%
PT rev (3m)-18.64%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-14.37%
EPS NY rev (3m)-35.29%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-2.13%
Revenue NY rev (3m)3.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.48 | ||
| Fwd PE | 6.72 | ||
| P/S | 0.25 | ||
| P/FCF | 33.6 | ||
| P/OCF | 11.39 | ||
| P/B | 0.74 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.4 |
EPS(TTM)0.33
EY7.42%
EPS(NY)0.66
Fwd EY14.89%
FCF(TTM)0.13
FCFY2.98%
OCF(TTM)0.39
OCFY8.78%
SpS17.87
BVpS6
TBVpS-2.2
PEG (NY)N/A
PEG (5Y)N/A
Graham Number6.67
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 1.8 |
F-Score7
WACC5.97%
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 of DEXELANCE SPA (DEX.MI) 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.
What is the valuation of DEXELANCE SPA based on its PE and PB ratios?
The Price/Earnings (PE) ratio for DEXELANCE SPA (DEX.MI) is 13.48 and the Price/Book (PB) ratio is 0.74.
What is the earnings growth outlook for DEXELANCE SPA?
The Earnings per Share (EPS) of DEXELANCE SPA (DEX.MI) is expected to decline by -43.72% in the next year.