DIASORIN SPA (DIA.MI) Stock Fundamental Analysis
BIT:DIA - Borsa Italiana Milan - IT0003492391 - Common Stock - Currency: EUR
Overall DIA gets a fundamental rating of 6 out of 10. We evaluated DIA against 55 industry peers in the Health Care Equipment & Supplies industry. While DIA has a great health rating, its profitability is only average at the moment. 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.
Each year in the past 5 years DIA has been profitable.
DIA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of DIA (5.11%) is better than 78.43% of its industry peers.
DIA has a better Return On Equity (9.89%) than 78.43% of its industry peers.
With a decent Return On Invested Capital value of 6.34%, DIA is doing good in the industry, outperforming 70.59% of the companies in the same industry.
DIA had an Average Return On Invested Capital over the past 3 years of 9.02%. This is in line with the industry average of 7.92%.
| 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
DIA has a better Profit Margin (13.92%) than 86.27% of its industry peers.
In the last couple of years the Profit Margin of DIA has declined.
DIA's Operating Margin of 20.71% is amongst the best of the industry. DIA outperforms 90.20% of its industry peers.
DIA's Operating Margin has declined in the last couple of years.
DIA has a better Gross Margin (64.55%) than 66.67% of its industry peers.
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), DIA is creating some value.
The number of shares outstanding for DIA has been reduced compared to 1 year ago.
Compared to 5 years ago, DIA has less shares outstanding
The debt/assets ratio for DIA has been reduced compared to a year ago.
2.2 Solvency
DIA has an Altman-Z score of 3.76. This indicates that DIA is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.76, DIA is in the better half of the industry, outperforming 74.51% of the companies in the same industry.
DIA has a debt to FCF ratio of 5.43. This is a neutral value as DIA would need 5.43 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 5.43, DIA is doing good in the industry, outperforming 68.63% of the companies in the same industry.
A Debt/Equity ratio of 0.60 indicates that DIA is somewhat dependend on debt financing.
DIA's Debt to Equity ratio of 0.60 is on the low side compared to the rest of the industry. DIA is outperformed by 62.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 5.43 | ||
| Altman-Z | 3.76 |
ROIC/WACC0.88
WACC7.21%
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's Current ratio of 3.12 is fine compared to the rest of the industry. DIA outperforms 76.47% 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 74.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.12 | ||
| Quick Ratio | 1.89 |
3. Growth
3.1 Past
DIA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -33.41%.
DIA shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.13% yearly.
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
DIA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.11% yearly.
Based on estimates for the next years, DIA will show a small growth in Revenue. The Revenue will grow by 6.40% on average per year.
EPS Next Y24.89%
EPS Next 2Y19.51%
EPS Next 3Y18.2%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 29.26, the valuation of DIA can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of DIA indicates a somewhat cheap valuation: DIA is cheaper than 66.67% of the companies listed in the same industry.
DIA's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.47.
With a Price/Forward Earnings ratio of 24.39, DIA is valued on the expensive side.
DIA's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. DIA is cheaper than 62.75% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of DIA to the average of the S&P500 Index (92.74), we can say DIA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.26 | ||
| Fwd PE | 24.39 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DIA is valued a bit cheaper than the industry average as 72.55% of the companies are valued more expensively.
74.51% 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 | 30.21 | ||
| EV/EBITDA | 17.41 |
4.3 Compensation for Growth
DIA's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
DIA has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as DIA's earnings are expected to grow with 18.20% in the coming years.
PEG (NY)1.18
PEG (5Y)220.13
EPS Next 2Y19.51%
EPS Next 3Y18.2%
5. Dividend
5.1 Amount
DIA has a Yearly Dividend Yield of 1.10%.
Compared to an average industry Dividend Yield of 2.44, DIA pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.10, DIA pays less dividend than the S&P500 average, which is at 2.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.1% |
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
38.56% of the earnings are spent on dividend by DIA. This is a low number and sustainable payout ratio.
DP38.56%
EPS Next 2Y19.51%
EPS Next 3Y18.2%
DIASORIN SPA
BIT:DIA (2/5/2025, 12:30:18 PM)
102.4
-0.45 (-0.44%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners22.13%
Inst Owner ChangeN/A
Ins Owners12.56%
Ins Owner ChangeN/A
Market Cap5.73B
Analysts68
Price Target107.06 (4.55%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.1% |
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)-0.32%
PT rev (3m)1.68%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)2.29%
EPS NY rev (3m)2.29%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.65%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.26 | ||
| Fwd PE | 24.39 | ||
| P/S | 4.99 | ||
| P/FCF | 30.21 | ||
| P/OCF | 17.85 | ||
| P/B | 3.55 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.41 |
EPS(TTM)3.5
EY3.42%
EPS(NY)4.2
Fwd EY4.1%
FCF(TTM)3.39
FCFY3.31%
OCF(TTM)5.74
OCFY5.6%
SpS20.52
BVpS28.88
TBVpS-6.6
PEG (NY)1.18
PEG (5Y)220.13
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 | 3.76 |
F-Score5
WACC7.21%
ROIC/WACC0.88
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 Y24.89%
EPS Next 2Y19.51%
EPS Next 3Y18.2%
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%