DHH SPA (DHH.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:DHH - IT0005203622 - Common Stock
24.6 EUR
+0.1 (+0.41%)
DHH gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 76 industry peers in the IT Services industry. While DHH belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. DHH is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- DHH had positive earnings in the past year.
- In the past year DHH had a positive cash flow from operations.
- In the past 5 years DHH has always been profitable.
- DHH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- DHH has a Return On Assets (5.26%) which is comparable to the rest of the industry.
- Looking at the Return On Equity, with a value of 12.73%, DHH is in line with its industry, outperforming 51.32% of the companies in the same industry.
- DHH has a Return On Invested Capital (8.08%) which is comparable to the rest of the industry.
- DHH had an Average Return On Invested Capital over the past 3 years of 8.73%. This is significantly below the industry average of 25.98%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.26% | ||
| ROE | 12.73% | ||
| ROIC | 8.08% |
ROA(3y)3.93%
ROA(5y)4.47%
ROE(3y)8.68%
ROE(5y)9.26%
ROIC(3y)8.73%
ROIC(5y)7.32%
1.3 Margins
- DHH's Profit Margin of 10.05% is amongst the best of the industry. DHH outperforms 88.16% of its industry peers.
- In the last couple of years the Profit Margin of DHH has grown nicely.
- Looking at the Operating Margin, with a value of 18.89%, DHH belongs to the top of the industry, outperforming 93.42% of the companies in the same industry.
- In the last couple of years the Operating Margin of DHH has grown nicely.
- DHH has a Gross Margin of 93.24%. This is amongst the best in the industry. DHH outperforms 92.11% of its industry peers.
- DHH's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.89% | ||
| PM (TTM) | 10.05% | ||
| GM | 93.24% |
OM growth 3Y-2.06%
OM growth 5Y54.36%
PM growth 3Y-14.91%
PM growth 5Y46.79%
GM growth 3Y-0.79%
GM growth 5Y-1.44%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so DHH is destroying value.
- Compared to 1 year ago, DHH has more shares outstanding
- The number of shares outstanding for DHH has been increased compared to 5 years ago.
- The debt/assets ratio for DHH has been reduced compared to a year ago.
2.2 Solvency
- DHH has an Altman-Z score of 3.35. This indicates that DHH is financially healthy and has little risk of bankruptcy at the moment.
- The Altman-Z score of DHH (3.35) is better than 65.79% of its industry peers.
- The Debt to FCF ratio of DHH is 3.64, which is a good value as it means it would take DHH, 3.64 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 3.64, DHH is in line with its industry, outperforming 48.68% of the companies in the same industry.
- DHH has a Debt/Equity ratio of 0.51. This is a neutral value indicating DHH is somewhat dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.51, DHH is in line with its industry, outperforming 43.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 3.64 | ||
| Altman-Z | 3.35 |
ROIC/WACC0.59
WACC13.75%
2.3 Liquidity
- DHH has a Current Ratio of 1.29. This is a normal value and indicates that DHH is financially healthy and should not expect problems in meeting its short term obligations.
- DHH has a Current ratio (1.29) which is comparable to the rest of the industry.
- A Quick Ratio of 1.26 indicates that DHH should not have too much problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 1.26, DHH is in the better half of the industry, outperforming 60.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.29 | ||
| Quick Ratio | 1.26 |
3. Growth
3.1 Past
- The earnings per share for DHH have decreased by -5.53% in the last year.
- Measured over the past years, DHH shows a very strong growth in Earnings Per Share. The EPS has been growing by 62.49% on average per year.
- DHH shows a small growth in Revenue. In the last year, the Revenue has grown by 6.82%.
- DHH shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 39.65% yearly.
EPS 1Y (TTM)-5.53%
EPS 3Y3.98%
EPS 5Y62.49%
EPS Q2Q%3.55%
Revenue 1Y (TTM)6.82%
Revenue growth 3Y22.43%
Revenue growth 5Y39.65%
Sales Q2Q%9.01%
3.2 Future
- DHH is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.37% yearly.
- DHH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.02% yearly.
EPS Next Y5.73%
EPS Next 2Y9.72%
EPS Next 3Y11.37%
EPS Next 5YN/A
Revenue Next Year15.35%
Revenue Next 2Y10.64%
Revenue Next 3Y9.18%
Revenue Next 5Y7.02%
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past 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
- Based on the Price/Earnings ratio of 32.37, the valuation of DHH can be described as expensive.
- DHH's Price/Earnings ratio is a bit more expensive when compared to the industry. DHH is more expensive than 60.53% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.38. DHH is around the same levels.
- Based on the Price/Forward Earnings ratio of 24.50, the valuation of DHH can be described as rather expensive.
- The rest of the industry has a similar Price/Forward Earnings ratio as DHH.
- When comparing the Price/Forward Earnings ratio of DHH to the average of the S&P500 Index (24.29), we can say DHH is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.37 | ||
| Fwd PE | 24.5 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DHH is on the same level as its industry peers.
- DHH's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.15 | ||
| EV/EBITDA | 10.54 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- DHH has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)5.65
PEG (5Y)0.52
EPS Next 2Y9.72%
EPS Next 3Y11.37%
5. Dividend
5.1 Amount
- DHH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
BIT:DHH (1/14/2026, 7:00:00 PM)
24.6
+0.1 (+0.41%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)11-21 2025-11-21
Earnings (Next)03-19 2026-03-19
Inst Owners3.01%
Inst Owner ChangeN/A
Ins Owners68.88%
Ins Owner ChangeN/A
Market Cap128.90M
Revenue(TTM)37.51M
Net Income(TTM)3.77M
Analysts83.33
Price Target34.6 (40.65%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector 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)16.86%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-2.78%
EPS NY rev (3m)-12.61%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.37 | ||
| Fwd PE | 24.5 | ||
| P/S | 3.44 | ||
| P/FCF | 22.15 | ||
| P/OCF | 10.49 | ||
| P/B | 4.36 | ||
| P/tB | 18.57 | ||
| EV/EBITDA | 10.54 |
EPS(TTM)0.76
EY3.09%
EPS(NY)1
Fwd EY4.08%
FCF(TTM)1.11
FCFY4.51%
OCF(TTM)2.34
OCFY9.53%
SpS7.16
BVpS5.65
TBVpS1.32
PEG (NY)5.65
PEG (5Y)0.52
Graham Number9.83
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.26% | ||
| ROE | 12.73% | ||
| ROCE | 13.66% | ||
| ROIC | 8.08% | ||
| ROICexc | 11.87% | ||
| ROICexgc | 33.1% | ||
| OM | 18.89% | ||
| PM (TTM) | 10.05% | ||
| GM | 93.24% | ||
| FCFM | 15.51% |
ROA(3y)3.93%
ROA(5y)4.47%
ROE(3y)8.68%
ROE(5y)9.26%
ROIC(3y)8.73%
ROIC(5y)7.32%
ROICexc(3y)12.23%
ROICexc(5y)10.48%
ROICexgc(3y)26.87%
ROICexgc(5y)29.48%
ROCE(3y)15.07%
ROCE(5y)12.92%
ROICexgc growth 3Y-10.28%
ROICexgc growth 5YN/A
ROICexc growth 3Y6.52%
ROICexc growth 5Y53.67%
OM growth 3Y-2.06%
OM growth 5Y54.36%
PM growth 3Y-14.91%
PM growth 5Y46.79%
GM growth 3Y-0.79%
GM growth 5Y-1.44%
F-Score5
Asset Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 3.64 | ||
| Debt/EBITDA | 1.2 | ||
| Cap/Depr | 116.31% | ||
| Cap/Sales | 17.24% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 97.15% | ||
| Profit Quality | 154.41% | ||
| Current Ratio | 1.29 | ||
| Quick Ratio | 1.26 | ||
| Altman-Z | 3.35 |
F-Score5
WACC13.75%
ROIC/WACC0.59
Cap/Depr(3y)89.93%
Cap/Depr(5y)88.5%
Cap/Sales(3y)13.53%
Cap/Sales(5y)12.57%
Profit Quality(3y)392.65%
Profit Quality(5y)477.25%
High Growth Momentum
Growth
EPS 1Y (TTM)-5.53%
EPS 3Y3.98%
EPS 5Y62.49%
EPS Q2Q%3.55%
EPS Next Y5.73%
EPS Next 2Y9.72%
EPS Next 3Y11.37%
EPS Next 5YN/A
Revenue 1Y (TTM)6.82%
Revenue growth 3Y22.43%
Revenue growth 5Y39.65%
Sales Q2Q%9.01%
Revenue Next Year15.35%
Revenue Next 2Y10.64%
Revenue Next 3Y9.18%
Revenue Next 5Y7.02%
EBIT growth 1Y-0.33%
EBIT growth 3Y19.91%
EBIT growth 5Y115.56%
EBIT Next Year89.59%
EBIT Next 3Y31.31%
EBIT Next 5Y20.13%
FCF growth 1Y-12.19%
FCF growth 3Y-4.43%
FCF growth 5Y23.86%
OCF growth 1Y2.95%
OCF growth 3Y15.1%
OCF growth 5Y55.96%
DHH SPA / DHH.MI FAQ
What is the fundamental rating for DHH stock?
ChartMill assigns a fundamental rating of 5 / 10 to DHH.MI.
What is the valuation status for DHH stock?
ChartMill assigns a valuation rating of 2 / 10 to DHH SPA (DHH.MI). This can be considered as Overvalued.
How profitable is DHH SPA (DHH.MI) stock?
DHH SPA (DHH.MI) has a profitability rating of 7 / 10.
What is the financial health of DHH SPA (DHH.MI) stock?
The financial health rating of DHH SPA (DHH.MI) is 5 / 10.
What is the expected EPS growth for DHH SPA (DHH.MI) stock?
The Earnings per Share (EPS) of DHH SPA (DHH.MI) is expected to grow by 5.73% in the next year.