DIASORIN SPA (DIA.MI) Stock Fundamental Analysis
BIT:DIA - Euronext Milan - IT0003492391 - Common Stock - Currency: EUR
We assign a fundamental rating of 6 out of 10 to DIA. DIA was compared to 60 industry peers in the Health Care Equipment & Supplies industry. DIA has an excellent financial health rating, but there are some minor concerns on its profitability. DIA has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
DIA had positive earnings in the past year.
DIA had a positive operating cash flow in the past year.
DIA had positive earnings in each of the past 5 years.
Each year in the past 5 years DIA had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 5.11%, DIA is doing good in the industry, outperforming 76.36% of the companies in the same industry.
DIA has a Return On Equity of 9.89%. This is in the better half of the industry: DIA outperforms 76.36% of its industry peers.
With a decent Return On Invested Capital value of 6.34%, DIA is doing good in the industry, outperforming 72.73% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for DIA is in line with the industry average of 7.96%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.11% | ||
| ROE | 9.89% | ||
| ROIC | 6.34% |
ROA(3y)7.22%
ROA(5y)11.62%
ROE(3y)16.34%
ROE(5y)19.14%
ROIC(3y)9.02%
ROIC(5y)13.65%
1.3 Margins
With an excellent Profit Margin value of 13.92%, DIA belongs to the best of the industry, outperforming 83.64% of the companies in the same industry.
DIA's Profit Margin has declined in the last couple of years.
The Operating Margin of DIA (20.71%) is better than 89.09% of its industry peers.
In the last couple of years the Operating Margin of DIA has declined.
With a decent Gross Margin value of 64.55%, DIA is doing good in the industry, outperforming 65.45% of the companies in the same industry.
DIA's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.71% | ||
| PM (TTM) | 13.92% | ||
| GM | 64.55% |
OM growth 3Y-17.92%
OM growth 5Y-7.96%
PM growth 3Y-20.9%
PM growth 5Y-10.04%
GM growth 3Y-1.92%
GM growth 5Y-1.07%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so DIA is still creating some value.
DIA has less shares outstanding than it did 1 year ago.
The number of shares outstanding for DIA has been reduced compared to 5 years ago.
The debt/assets ratio for DIA has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.62 indicates that DIA is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.62, DIA is in the better half of the industry, outperforming 76.36% of the companies in the same industry.
The Debt to FCF ratio of DIA is 5.43, which is a neutral value as it means it would take DIA, 5.43 years of fcf income to pay off all of its debts.
DIA has a Debt to FCF ratio of 5.43. This is in the better half of the industry: DIA outperforms 69.09% of its industry peers.
A Debt/Equity ratio of 0.60 indicates that DIA is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.60, DIA is doing worse than 65.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 5.43 | ||
| Altman-Z | 3.62 |
ROIC/WACC0.85
WACC7.46%
2.3 Liquidity
DIA has a Current Ratio of 3.12. This indicates that DIA is financially healthy and has no problem in meeting its short term obligations.
DIA has a better Current ratio (3.12) than 76.36% of its industry peers.
DIA has a Quick Ratio of 1.89. This is a normal value and indicates that DIA is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of DIA (1.89) is better than 76.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.12 | ||
| Quick Ratio | 1.89 |
3. Growth
3.1 Past
The earnings per share for DIA have decreased strongly by -33.41% in the last year.
The Earnings Per Share has been growing slightly by 0.13% on average over the past years.
The Revenue for DIA has decreased by -15.64% in the past year. This is quite bad
Measured over the past years, DIA shows a quite strong growth in Revenue. The Revenue has been growing by 11.40% on average per year.
EPS 1Y (TTM)-33.41%
EPS 3Y-13.95%
EPS 5Y0.13%
EPS Q2Q%82.61%
Revenue 1Y (TTM)-15.64%
Revenue growth 3Y9.22%
Revenue growth 5Y11.4%
Sales Q2Q%6.3%
3.2 Future
The Earnings Per Share is expected to grow by 18.11% on average over the next years. This is quite good.
The Revenue is expected to grow by 6.40% on average over the next years.
EPS Next Y24.78%
EPS Next 2Y19.12%
EPS Next 3Y17.98%
EPS Next 5Y18.11%
Revenue Next Year3.71%
Revenue Next 2Y5.86%
Revenue Next 3Y6.72%
Revenue Next 5Y6.4%
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 accelerating.
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 27.55 indicates a quite expensive valuation of DIA.
74.55% of the companies in the same industry are more expensive than DIA, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 29.35. DIA is around the same levels.
A Price/Forward Earnings ratio of 23.11 indicates a rather expensive valuation of DIA.
DIA's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. DIA is cheaper than 67.27% of the companies in the same industry.
DIA's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.55 | ||
| Fwd PE | 23.11 |
4.2 Price Multiples
DIA's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. DIA is cheaper than 76.36% of the companies in the same industry.
76.36% of the companies in the same industry are more expensive than DIA, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.44 | ||
| EV/EBITDA | 16.45 |
4.3 Compensation for Growth
DIA's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of DIA may justify a higher PE ratio.
A more expensive valuation may be justified as DIA's earnings are expected to grow with 17.98% in the coming years.
PEG (NY)1.11
PEG (5Y)207.06
EPS Next 2Y19.12%
EPS Next 3Y17.98%
5. Dividend
5.1 Amount
DIA has a Yearly Dividend Yield of 1.21%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.26, DIA pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.33, DIA's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.21% |
5.2 History
The dividend of DIA decreases each year by -16.01%.
Dividend Growth(5Y)-16.01%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DIA pays out 38.56% of its income as dividend. This is a sustainable payout ratio.
DP38.56%
EPS Next 2Y19.12%
EPS Next 3Y17.98%
BIT:DIA (3/7/2025, 7:00:00 PM)
96.42
+1.02 (+1.07%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners21.32%
Inst Owner ChangeN/A
Ins Owners12.56%
Ins Owner ChangeN/A
Market Cap5.39B
Analysts69.47
Price Target110.4 (14.5%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.21% |
Yearly Dividend1.1
Dividend Growth(5Y)-16.01%
DP38.56%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-9.08%
Min EPS beat(2)-16.44%
Max EPS beat(2)-1.71%
EPS beat(4)1
Avg EPS beat(4)-15.19%
Min EPS beat(4)-53.05%
Max EPS beat(4)10.43%
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)1
Avg Revenue beat(2)1.81%
Min Revenue beat(2)-0.02%
Max Revenue beat(2)3.65%
Revenue beat(4)1
Avg Revenue beat(4)-0.21%
Min Revenue beat(4)-3.84%
Max Revenue beat(4)3.65%
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)3.11%
PT rev (3m)3.37%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-0.09%
EPS NY rev (3m)2.2%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.55 | ||
| Fwd PE | 23.11 | ||
| P/S | 4.7 | ||
| P/FCF | 28.44 | ||
| P/OCF | 16.81 | ||
| P/B | 3.34 | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.45 |
EPS(TTM)3.5
EY3.63%
EPS(NY)4.17
Fwd EY4.33%
FCF(TTM)3.39
FCFY3.52%
OCF(TTM)5.74
OCFY5.95%
SpS20.52
BVpS28.88
TBVpS-6.6
PEG (NY)1.11
PEG (5Y)207.06
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.11% | ||
| ROE | 9.89% | ||
| ROCE | 8.32% | ||
| ROIC | 6.34% | ||
| ROICexc | 6.86% | ||
| ROICexgc | 27.59% | ||
| OM | 20.71% | ||
| PM (TTM) | 13.92% | ||
| GM | 64.55% | ||
| FCFM | 16.52% |
ROA(3y)7.22%
ROA(5y)11.62%
ROE(3y)16.34%
ROE(5y)19.14%
ROIC(3y)9.02%
ROIC(5y)13.65%
ROICexc(3y)10.43%
ROICexc(5y)17.59%
ROICexgc(3y)43.89%
ROICexgc(5y)48.45%
ROCE(3y)11.84%
ROCE(5y)17.91%
ROICexcg growth 3Y-21.83%
ROICexcg growth 5Y-10.49%
ROICexc growth 3Y-40.19%
ROICexc growth 5Y-21.26%
OM growth 3Y-17.92%
OM growth 5Y-7.96%
PM growth 3Y-20.9%
PM growth 5Y-10.04%
GM growth 3Y-1.92%
GM growth 5Y-1.07%
F-Score5
Asset Turnover0.37
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 5.43 | ||
| Debt/EBITDA | 2.59 | ||
| Cap/Depr | 96.13% | ||
| Cap/Sales | 11.43% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 85.72% | ||
| Profit Quality | 118.66% | ||
| Current Ratio | 3.12 | ||
| Quick Ratio | 1.89 | ||
| Altman-Z | 3.62 |
F-Score5
WACC7.46%
ROIC/WACC0.85
Cap/Depr(3y)93.06%
Cap/Depr(5y)99.28%
Cap/Sales(3y)9.23%
Cap/Sales(5y)8.82%
Profit Quality(3y)109.89%
Profit Quality(5y)104.6%
High Growth Momentum
Growth
EPS 1Y (TTM)-33.41%
EPS 3Y-13.95%
EPS 5Y0.13%
EPS Q2Q%82.61%
EPS Next Y24.78%
EPS Next 2Y19.12%
EPS Next 3Y17.98%
EPS Next 5Y18.11%
Revenue 1Y (TTM)-15.64%
Revenue growth 3Y9.22%
Revenue growth 5Y11.4%
Sales Q2Q%6.3%
Revenue Next Year3.71%
Revenue Next 2Y5.86%
Revenue Next 3Y6.72%
Revenue Next 5Y6.4%
EBIT growth 1Y-36.63%
EBIT growth 3Y-10.35%
EBIT growth 5Y2.54%
EBIT Next Year57.67%
EBIT Next 3Y25.24%
EBIT Next 5Y18.19%
FCF growth 1Y-33.46%
FCF growth 3Y-4.77%
FCF growth 5Y4.78%
OCF growth 1Y-21.17%
OCF growth 3Y0.77%
OCF growth 5Y8.23%