DIASORIN SPA (DIA.MI) Stock Fundamental Analysis
BIT:DIA - Euronext Milan - IT0003492391 - Common Stock - Currency: EUR
Overall DIA gets a fundamental rating of 6 out of 10. We evaluated DIA against 58 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
In the past year DIA was profitable.
In the past year DIA had a positive cash flow from operations.
Each year in the past 5 years DIA has been profitable.
In the past 5 years DIA always reported a positive cash flow from operatings.
1.2 Ratios
DIA has a Return On Assets of 5.69%. This is in the better half of the industry: DIA outperforms 75.86% of its industry peers.
DIA has a Return On Equity of 10.44%. This is in the better half of the industry: DIA outperforms 75.86% of its industry peers.
The Return On Invested Capital of DIA (6.82%) is better than 67.24% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for DIA is in line with the industry average of 8.02%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.69% | ||
| ROE | 10.44% | ||
| ROIC | 6.82% |
ROA(3y)5.91%
ROA(5y)9.45%
ROE(3y)12.23%
ROE(5y)17.08%
ROIC(3y)7.59%
ROIC(5y)11.64%
1.3 Margins
DIA has a better Profit Margin (15.87%) than 86.21% of its industry peers.
In the last couple of years the Profit Margin of DIA has declined.
Looking at the Operating Margin, with a value of 22.36%, DIA belongs to the top of the industry, outperforming 87.93% of the companies in the same industry.
DIA's Operating Margin has declined in the last couple of years.
DIA has a Gross Margin of 65.94%. This is in the better half of the industry: DIA outperforms 68.97% of its industry peers.
DIA's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.36% | ||
| PM (TTM) | 15.87% | ||
| GM | 65.94% |
OM growth 3Y-14.41%
OM growth 5Y-6.62%
PM growth 3Y-14.2%
PM growth 5Y-8.6%
GM growth 3Y-0.35%
GM growth 5Y-0.96%
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.
The number of shares outstanding for DIA has been increased compared to 1 year ago.
DIA has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, DIA has an improved debt to assets ratio.
2.2 Solvency
DIA has an Altman-Z score of 3.56. This indicates that DIA is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 3.56, DIA is doing good in the industry, outperforming 65.52% of the companies in the same industry.
The Debt to FCF ratio of DIA is 4.24, which is a neutral value as it means it would take DIA, 4.24 years of fcf income to pay off all of its debts.
DIA has a better Debt to FCF ratio (4.24) than 67.24% of its industry peers.
DIA has a Debt/Equity ratio of 0.54. This is a neutral value indicating DIA is somewhat dependend on debt financing.
DIA has a worse Debt to Equity ratio (0.54) than 62.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | 4.24 | ||
| Altman-Z | 3.56 |
ROIC/WACC0.91
WACC7.5%
2.3 Liquidity
A Current Ratio of 3.51 indicates that DIA has no problem at all paying its short term obligations.
DIA has a Current ratio of 3.51. This is amongst the best in the industry. DIA outperforms 86.21% of its industry peers.
A Quick Ratio of 2.26 indicates that DIA has no problem at all paying its short term obligations.
With a decent Quick ratio value of 2.26, DIA is doing good in the industry, outperforming 79.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.51 | ||
| Quick Ratio | 2.26 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 16.17% over the past year.
Measured over the past 5 years, DIA shows a small growth in Earnings Per Share. The EPS has been growing by 1.02% on average per year.
Looking at the last year, DIA shows a small growth in Revenue. The Revenue has grown by 3.24% in the last year.
DIA shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.91% yearly.
EPS 1Y (TTM)16.17%
EPS 3Y-14.57%
EPS 5Y1.02%
EPS Q2Q%8.14%
Revenue 1Y (TTM)3.24%
Revenue growth 3Y-1.43%
Revenue growth 5Y10.91%
Sales Q2Q%8.3%
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 16.04% yearly.
The Revenue is expected to grow by 9.27% on average over the next years. This is quite good.
EPS Next Y22.21%
EPS Next 2Y20.33%
EPS Next 3Y18.24%
EPS Next 5Y16.04%
Revenue Next Year5.65%
Revenue Next 2Y7.07%
Revenue Next 3Y7.37%
Revenue Next 5Y9.27%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last 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 stable.
4. Valuation
4.1 Price/Earnings Ratio
DIA is valuated quite expensively with a Price/Earnings ratio of 26.04.
Based on the Price/Earnings ratio, DIA is valued a bit cheaper than the industry average as 77.59% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.21, DIA is valued at the same level.
A Price/Forward Earnings ratio of 18.35 indicates a rather expensive valuation of DIA.
Based on the Price/Forward Earnings ratio, DIA is valued a bit cheaper than 70.69% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.70, DIA is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.04 | ||
| Fwd PE | 18.35 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DIA indicates a somewhat cheap valuation: DIA is cheaper than 74.14% of the companies listed in the same industry.
84.48% 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 | 21.45 | ||
| EV/EBITDA | 14.42 |
4.3 Compensation for Growth
The 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 18.24% in the coming years.
PEG (NY)1.17
PEG (5Y)25.48
EPS Next 2Y20.33%
EPS Next 3Y18.24%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.28%, DIA has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.07, DIA pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.28, DIA pays less dividend than the S&P500 average, which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.28% |
5.2 History
The dividend of DIA has a limited annual growth rate of 4.90%.
Dividend Growth(5Y)4.9%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DIA pays out 32.58% of its income as dividend. This is a sustainable payout ratio.
DIA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP32.58%
EPS Next 2Y20.33%
EPS Next 3Y18.24%
BIT:DIA (7/1/2025, 7:00:00 PM)
91.66
+0.8 (+0.88%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners20.98%
Inst Owner ChangeN/A
Ins Owners12.56%
Ins Owner ChangeN/A
Market Cap5.13B
Analysts72.22
Price Target110.18 (20.21%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.28% |
Yearly Dividend1.14
Dividend Growth(5Y)4.9%
DP32.58%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-4.22%
Min EPS beat(2)-5.67%
Max EPS beat(2)-2.77%
EPS beat(4)0
Avg EPS beat(4)-6.65%
Min EPS beat(4)-16.44%
Max EPS beat(4)-1.71%
EPS beat(8)2
Avg EPS beat(8)-9.22%
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)0
Avg Revenue beat(2)-1.96%
Min Revenue beat(2)-3.68%
Max Revenue beat(2)-0.24%
Revenue beat(4)1
Avg Revenue beat(4)-0.08%
Min Revenue beat(4)-3.68%
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)-0.41%
PT rev (3m)-0.17%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.02%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.04 | ||
| Fwd PE | 18.35 | ||
| P/S | 4.33 | ||
| P/FCF | 21.45 | ||
| P/OCF | 14.29 | ||
| P/B | 2.85 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.42 |
EPS(TTM)3.52
EY3.84%
EPS(NY)5
Fwd EY5.45%
FCF(TTM)4.27
FCFY4.66%
OCF(TTM)6.41
OCFY7%
SpS21.19
BVpS32.19
TBVpS-4.07
PEG (NY)1.17
PEG (5Y)25.48
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.69% | ||
| ROE | 10.44% | ||
| ROCE | 8.75% | ||
| ROIC | 6.82% | ||
| ROICexc | 7.8% | ||
| ROICexgc | 33.21% | ||
| OM | 22.36% | ||
| PM (TTM) | 15.87% | ||
| GM | 65.94% | ||
| FCFM | 20.17% |
ROA(3y)5.91%
ROA(5y)9.45%
ROE(3y)12.23%
ROE(5y)17.08%
ROIC(3y)7.59%
ROIC(5y)11.64%
ROICexc(3y)8.73%
ROICexc(5y)14.86%
ROICexgc(3y)36.4%
ROICexgc(5y)46.79%
ROCE(3y)9.74%
ROCE(5y)14.93%
ROICexcg growth 3Y-17.28%
ROICexcg growth 5Y-6.73%
ROICexc growth 3Y-16.94%
ROICexc growth 5Y-19.78%
OM growth 3Y-14.41%
OM growth 5Y-6.62%
PM growth 3Y-14.2%
PM growth 5Y-8.6%
GM growth 3Y-0.35%
GM growth 5Y-0.96%
F-Score8
Asset Turnover0.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | 4.24 | ||
| Debt/EBITDA | 2.45 | ||
| Cap/Depr | 92.77% | ||
| Cap/Sales | 10.1% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 91.04% | ||
| Profit Quality | 127.09% | ||
| Current Ratio | 3.51 | ||
| Quick Ratio | 2.26 | ||
| Altman-Z | 3.56 |
F-Score8
WACC7.5%
ROIC/WACC0.91
Cap/Depr(3y)83.23%
Cap/Depr(5y)98.91%
Cap/Sales(3y)9.44%
Cap/Sales(5y)9.26%
Profit Quality(3y)121.88%
Profit Quality(5y)109.89%
High Growth Momentum
Growth
EPS 1Y (TTM)16.17%
EPS 3Y-14.57%
EPS 5Y1.02%
EPS Q2Q%8.14%
EPS Next Y22.21%
EPS Next 2Y20.33%
EPS Next 3Y18.24%
EPS Next 5Y16.04%
Revenue 1Y (TTM)3.24%
Revenue growth 3Y-1.43%
Revenue growth 5Y10.91%
Sales Q2Q%8.3%
Revenue Next Year5.65%
Revenue Next 2Y7.07%
Revenue Next 3Y7.37%
Revenue Next 5Y9.27%
EBIT growth 1Y11.44%
EBIT growth 3Y-15.63%
EBIT growth 5Y3.56%
EBIT Next Year58.67%
EBIT Next 3Y26.07%
EBIT Next 5Y21.2%
FCF growth 1Y20.48%
FCF growth 3Y-5.5%
FCF growth 5Y6.21%
OCF growth 1Y15.12%
OCF growth 3Y-3.61%
OCF growth 5Y9.05%