DHH SPA (DHH.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:DHH - IT0005203622 - Common Stock
24.6 EUR
+0.1 (+0.41%)
Taking everything into account, DHH scores 5 out of 10 in our fundamental rating. DHH was compared to 76 industry peers in the IT Services industry. DHH scores excellent on profitability, but 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.
- DHH had a positive operating cash flow in the past year.
- Each year in the past 5 years DHH has been profitable.
- Each year in the past 5 years DHH had a positive operating cash flow.
1.2 Ratios
- DHH's Return On Assets of 5.26% is in line compared to the rest of the industry. DHH outperforms 59.21% of its industry peers.
- DHH's Return On Equity of 12.73% is in line compared to the rest of the industry. DHH outperforms 51.32% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 8.08%, DHH is in line with its industry, outperforming 46.05% of the companies in the same 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.
- DHH's Profit Margin has improved in the last couple of years.
- DHH has a better Operating Margin (18.89%) than 93.42% of its industry peers.
- In the last couple of years the Operating Margin of DHH has grown nicely.
- The Gross Margin of DHH (93.24%) is better than 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.
- DHH has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, DHH has more shares outstanding
- Compared to 1 year ago, DHH has an improved debt to assets ratio.
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.
- DHH's Altman-Z score of 3.35 is fine compared to the rest of the industry. DHH outperforms 65.79% of its industry peers.
- DHH has a debt to FCF ratio of 3.64. This is a good value and a sign of high solvency as DHH would need 3.64 years to pay back of all of its debts.
- DHH has a Debt to FCF ratio (3.64) which is in line with its industry peers.
- DHH has a Debt/Equity ratio of 0.51. This is a neutral value indicating DHH is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.51, DHH perfoms like the industry average, 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
- A Current Ratio of 1.29 indicates that DHH should not have too much problems paying its short term obligations.
- DHH's Current ratio of 1.29 is in line compared to the rest of the industry. DHH outperforms 50.00% of its industry peers.
- DHH has a Quick Ratio of 1.26. This is a normal value and indicates that DHH is financially healthy and should not expect problems in meeting 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.
- The Earnings Per Share has been growing by 62.49% on average over the past years. This is a very strong growth
- The Revenue has been growing slightly by 6.82% in the past year.
- The Revenue has been growing by 39.65% on average over the past years. This is a very strong growth!
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
- Based on estimates for the next years, DHH will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.37% on average per year.
- Based on estimates for the next years, DHH will show a small growth in Revenue. The Revenue will grow by 7.02% on average per year.
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
- Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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
- A Price/Earnings ratio of 32.37 indicates a quite expensive valuation of DHH.
- Based on the Price/Earnings ratio, DHH is valued a bit more expensive than the industry average as 60.53% of the companies are valued more cheaply.
- When comparing the Price/Earnings ratio of DHH to the average of the S&P500 Index (27.38), we can say DHH is valued inline with the index average.
- Based on the Price/Forward Earnings ratio of 24.50, the valuation of DHH can be described as rather expensive.
- DHH's Price/Forward Earnings ratio is in line with the industry average.
- DHH is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 24.29, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.37 | ||
| Fwd PE | 24.5 |
4.2 Price Multiples
- DHH's Enterprise Value to EBITDA ratio is in line with the industry average.
- DHH's Price/Free Cash Flow is on the same level as 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 DHH does not grow enough to justify the current Price/Earnings ratio.
- The decent profitability rating of DHH 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.