DHH SPA (DHH.MI) Stock Fundamental Analysis

Europe • Euronext Milan • BIT:DHH • IT0005203622

23.2 EUR
-1.4 (-5.69%)
Last: Feb 4, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

5

Taking everything into account, DHH scores 5 out of 10 in our fundamental rating. DHH was compared to 74 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 valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • In the past year DHH was profitable.
  • In the past year DHH had a positive cash flow from operations.
  • DHH had positive earnings in each of the past 5 years.
  • DHH had a positive operating cash flow in each of the past 5 years.
DHH.MI Yearly Net Income VS EBIT VS OCF VS FCFDHH.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M 8M

1.2 Ratios

  • With a Return On Assets value of 5.26%, DHH perfoms like the industry average, outperforming 58.11% of the companies in the same industry.
  • The Return On Equity of DHH (12.73%) is comparable to the rest of the industry.
  • The Return On Invested Capital of DHH (8.08%) is comparable to the rest of the industry.
  • The Average Return On Invested Capital over the past 3 years for DHH is significantly below the industry average of 26.55%.
Industry RankSector 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%
DHH.MI Yearly ROA, ROE, ROICDHH.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

  • With an excellent Profit Margin value of 10.05%, DHH belongs to the best of the industry, outperforming 86.49% of the companies in the same industry.
  • DHH's Profit Margin has improved in the last couple of years.
  • DHH has a Operating Margin of 18.89%. This is amongst the best in the industry. DHH outperforms 94.59% of its industry peers.
  • DHH's Operating Margin has improved in the last couple of years.
  • The Gross Margin of DHH (93.24%) is better than 91.89% of its industry peers.
  • DHH's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
DHH.MI Yearly Profit, Operating, Gross MarginsDHH.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60 80

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ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), DHH is creating some value.
  • Compared to 1 year ago, DHH has more shares outstanding
  • DHH has more shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, DHH has an improved debt to assets ratio.
DHH.MI Yearly Shares OutstandingDHH.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 1M 2M 3M 4M 5M
DHH.MI Yearly Total Debt VS Total AssetsDHH.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M

2.2 Solvency

  • An Altman-Z score of 3.25 indicates that DHH is not in any danger for bankruptcy at the moment.
  • DHH's Altman-Z score of 3.25 is fine compared to the rest of the industry. DHH outperforms 63.51% 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.
  • DHH's Debt to FCF ratio of 3.64 is in line compared to the rest of the industry. DHH outperforms 51.35% of its industry peers.
  • A Debt/Equity ratio of 0.51 indicates that DHH is somewhat dependend on debt financing.
  • DHH has a Debt to Equity ratio (0.51) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.51
Debt/FCF 3.64
Altman-Z 3.25
ROIC/WACC1.07
WACC7.56%
DHH.MI Yearly LT Debt VS Equity VS FCFDHH.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M 25M

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.
  • The Current ratio of DHH (1.29) is comparable to the rest of the industry.
  • 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.
  • DHH's Quick ratio of 1.26 is fine compared to the rest of the industry. DHH outperforms 62.16% of its industry peers.
Industry RankSector Rank
Current Ratio 1.29
Quick Ratio 1.26
DHH.MI Yearly Current Assets VS Current LiabilitesDHH.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M

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

5

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.
  • Measured over the past years, DHH shows a very strong growth in Revenue. The Revenue has been growing by 39.65% on average per year.
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

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
DHH.MI Yearly Revenue VS EstimatesDHH.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 20M 40M 60M
DHH.MI Yearly EPS VS EstimatesDHH.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2020 2021 2022 2023 2024 2025 2026 2027 0.2 0.4 0.6 0.8 1

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Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 30.53, which means the current valuation is very expensive for DHH.
  • 62.16% of the companies in the same industry are cheaper than DHH, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 28.03. DHH is around the same levels.
  • With a Price/Forward Earnings ratio of 23.11, DHH is valued on the expensive side.
  • DHH's Price/Forward Earnings ratio is in line with the industry average.
  • The average S&P500 Price/Forward Earnings ratio is at 27.97. DHH is around the same levels.
Industry RankSector Rank
PE 30.53
Fwd PE 23.11
DHH.MI Price Earnings VS Forward Price EarningsDHH.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as DHH.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of DHH is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 20.89
EV/EBITDA 9.96
DHH.MI Per share dataDHH.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6

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.
  • DHH has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)5.33
PEG (5Y)0.49
EPS Next 2Y9.72%
EPS Next 3Y11.37%

More info and screens

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

0

5. Dividend

5.1 Amount

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

More info and screens

Find the best dividend stocksShow peers with best dividend

DHH SPA

BIT:DHH (2/4/2026, 7:00:00 PM)

23.2

-1.4 (-5.69%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)11-21
Earnings (Next)03-19
Inst Owners3.01%
Inst Owner ChangeN/A
Ins Owners68.88%
Ins Owner ChangeN/A
Market Cap121.57M
Revenue(TTM)37.51M
Net Income(TTM)3.77M
Analysts83.33
Price Target34.6 (49.14%)
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)16.86%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
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 RankSector Rank
PE 30.53
Fwd PE 23.11
P/S 3.24
P/FCF 20.89
P/OCF 9.89
P/B 4.11
P/tB 17.51
EV/EBITDA 9.96
EPS(TTM)0.76
EY3.28%
EPS(NY)1
Fwd EY4.33%
FCF(TTM)1.11
FCFY4.79%
OCF(TTM)2.34
OCFY10.11%
SpS7.16
BVpS5.65
TBVpS1.32
PEG (NY)5.33
PEG (5Y)0.49
Graham Number9.83
Profitability
Industry RankSector 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 RankSector 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 3.25
F-Score5
WACC7.56%
ROIC/WACC1.07
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.