DE'LONGHI SPA (DLG.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:DLG - IT0003115950 - Common Stock
37.06 EUR
-0.7 (-1.85%)
We assign a fundamental rating of 7 out of 10 to DLG. DLG was compared to 36 industry peers in the Household Durables industry. Both the health and profitability get an excellent rating, making DLG a very profitable company, without any liquidiy or solvency issues. DLG has a correct valuation and a medium growth rate. These ratings could make DLG a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
In the past year DLG was profitable.
In the past year DLG had a positive cash flow from operations.
DLG had positive earnings in each of the past 5 years.
In the past 5 years DLG always reported a positive cash flow from operatings.
1.2 Ratios
DLG has a better Return On Assets (11.14%) than 91.67% of its industry peers.
DLG has a Return On Equity of 24.57%. This is amongst the best in the industry. DLG outperforms 91.67% of its industry peers.
The Return On Invested Capital of DLG (18.23%) is better than 91.67% of its industry peers.
The Average Return On Invested Capital over the past 3 years for DLG is in line with the industry average of 9.66%.
The 3 year average ROIC (9.29%) for DLG is below the current ROIC(18.23%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.14% | ||
| ROE | 24.57% | ||
| ROIC | 18.23% |
ROA(3y)6.24%
ROA(5y)6.69%
ROE(3y)13.16%
ROE(5y)15.02%
ROIC(3y)9.29%
ROIC(5y)10.13%
1.3 Margins
DLG's Profit Margin of 8.55% is amongst the best of the industry. DLG outperforms 83.33% of its industry peers.
In the last couple of years the Profit Margin of DLG has grown nicely.
Looking at the Operating Margin, with a value of 12.34%, DLG belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
DLG's Operating Margin has improved in the last couple of years.
DLG has a better Gross Margin (57.40%) than 77.78% of its industry peers.
DLG's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.34% | ||
| PM (TTM) | 8.55% | ||
| GM | 57.4% |
OM growth 3Y-1.37%
OM growth 5Y4.22%
PM growth 3Y-2.74%
PM growth 5Y3%
GM growth 3Y-0.27%
GM growth 5Y1.35%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so DLG is creating value.
The number of shares outstanding for DLG has been increased compared to 1 year ago.
Compared to 5 years ago, DLG has more shares outstanding
Compared to 1 year ago, DLG has an improved debt to assets ratio.
2.2 Solvency
DLG has an Altman-Z score of 4.15. This indicates that DLG is financially healthy and has little risk of bankruptcy at the moment.
DLG has a Altman-Z score of 4.15. This is amongst the best in the industry. DLG outperforms 91.67% of its industry peers.
The Debt to FCF ratio of DLG is 1.64, which is an excellent value as it means it would take DLG, only 1.64 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 1.64, DLG belongs to the best of the industry, outperforming 91.67% of the companies in the same industry.
DLG has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.24, DLG is doing good in the industry, outperforming 77.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 1.64 | ||
| Altman-Z | 4.15 |
ROIC/WACC2.39
WACC7.63%
2.3 Liquidity
A Current Ratio of 1.54 indicates that DLG should not have too much problems paying its short term obligations.
The Current ratio of DLG (1.54) is comparable to the rest of the industry.
A Quick Ratio of 0.93 indicates that DLG may have some problems paying its short term obligations.
The Quick ratio of DLG (0.93) is comparable to the rest of the industry.
The current and quick ratio evaluation for DLG is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.54 | ||
| Quick Ratio | 0.93 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 15.66% over the past year.
The Earnings Per Share has been growing by 14.21% on average over the past years. This is quite good.
The Revenue has grown by 13.22% in the past year. This is quite good.
DLG shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.73% yearly.
EPS 1Y (TTM)15.66%
EPS 3Y0.49%
EPS 5Y14.21%
EPS Q2Q%6.9%
Revenue 1Y (TTM)13.22%
Revenue growth 3Y2.78%
Revenue growth 5Y10.73%
Sales Q2Q%8.9%
3.2 Future
Based on estimates for the next years, DLG will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.12% on average per year.
DLG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.21% yearly.
EPS Next Y9.94%
EPS Next 2Y8.81%
EPS Next 3Y8.12%
EPS Next 5YN/A
Revenue Next Year7.91%
Revenue Next 2Y6.64%
Revenue Next 3Y6.21%
Revenue Next 5YN/A
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 decreasing.
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
The Price/Earnings ratio is 12.39, which indicates a correct valuation of DLG.
77.78% of the companies in the same industry are more expensive than DLG, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.56. DLG is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 14.93, which indicates a correct valuation of DLG.
Compared to the rest of the industry, the Price/Forward Earnings ratio of DLG is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of DLG to the average of the S&P500 Index (23.79), we can say DLG is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.39 | ||
| Fwd PE | 14.93 |
4.2 Price Multiples
DLG's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, DLG is valued a bit cheaper than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.96 | ||
| EV/EBITDA | 6.59 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of DLG may justify a higher PE ratio.
PEG (NY)1.25
PEG (5Y)0.87
EPS Next 2Y8.81%
EPS Next 3Y8.12%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.20%, DLG has a reasonable but not impressive dividend return.
DLG's Dividend Yield is comparable with the industry average which is at 2.73.
DLG's Dividend Yield is comparable with the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.2% |
5.2 History
The dividend of DLG is nicely growing with an annual growth rate of 12.60%!
Dividend Growth(5Y)12.6%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
27.40% of the earnings are spent on dividend by DLG. This is a low number and sustainable payout ratio.
DLG's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP27.4%
EPS Next 2Y8.81%
EPS Next 3Y8.12%
BIT:DLG (12/12/2025, 7:00:00 PM)
37.06
-0.7 (-1.85%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners28.02%
Inst Owner ChangeN/A
Ins Owners53.5%
Ins Owner ChangeN/A
Market Cap5.61B
Revenue(TTM)5.29B
Net Income(TTM)446.19M
Analysts81.43
Price Target42.78 (15.43%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.2% |
Yearly Dividend0.67
Dividend Growth(5Y)12.6%
DP27.4%
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)8.82%
PT rev (3m)10.25%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.61%
EPS NY rev (3m)1.3%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.69%
Revenue NY rev (3m)1.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.39 | ||
| Fwd PE | 14.93 | ||
| P/S | 1.07 | ||
| P/FCF | 16.96 | ||
| P/OCF | 12.93 | ||
| P/B | 3.09 | ||
| P/tB | 9.58 | ||
| EV/EBITDA | 6.59 |
EPS(TTM)2.99
EY8.07%
EPS(NY)2.48
Fwd EY6.7%
FCF(TTM)2.19
FCFY5.9%
OCF(TTM)2.87
OCFY7.73%
SpS34.5
BVpS12.01
TBVpS3.87
PEG (NY)1.25
PEG (5Y)0.87
Graham Number28.42
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.14% | ||
| ROE | 24.57% | ||
| ROCE | 23.96% | ||
| ROIC | 18.23% | ||
| ROICexc | 27.06% | ||
| ROICexgc | 84.52% | ||
| OM | 12.34% | ||
| PM (TTM) | 8.55% | ||
| GM | 57.4% | ||
| FCFM | 6.34% |
ROA(3y)6.24%
ROA(5y)6.69%
ROE(3y)13.16%
ROE(5y)15.02%
ROIC(3y)9.29%
ROIC(5y)10.13%
ROICexc(3y)15.4%
ROICexc(5y)16.51%
ROICexgc(3y)41.69%
ROICexgc(5y)41.21%
ROCE(3y)12.44%
ROCE(5y)13.69%
ROICexgc growth 3Y-0.83%
ROICexgc growth 5Y17.77%
ROICexc growth 3Y-7.92%
ROICexc growth 5Y1.57%
OM growth 3Y-1.37%
OM growth 5Y4.22%
PM growth 3Y-2.74%
PM growth 5Y3%
GM growth 3Y-0.27%
GM growth 5Y1.35%
F-Score6
Asset Turnover1.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 1.64 | ||
| Debt/EBITDA | 0.57 | ||
| Cap/Depr | 81.54% | ||
| Cap/Sales | 1.97% | ||
| Interest Coverage | 33.09 | ||
| Cash Conversion | 56.3% | ||
| Profit Quality | 74.11% | ||
| Current Ratio | 1.54 | ||
| Quick Ratio | 0.93 | ||
| Altman-Z | 4.15 |
F-Score6
WACC7.63%
ROIC/WACC2.39
Cap/Depr(3y)99.29%
Cap/Depr(5y)111.04%
Cap/Sales(3y)3.38%
Cap/Sales(5y)3.65%
Profit Quality(3y)110.5%
Profit Quality(5y)127.48%
High Growth Momentum
Growth
EPS 1Y (TTM)15.66%
EPS 3Y0.49%
EPS 5Y14.21%
EPS Q2Q%6.9%
EPS Next Y9.94%
EPS Next 2Y8.81%
EPS Next 3Y8.12%
EPS Next 5YN/A
Revenue 1Y (TTM)13.22%
Revenue growth 3Y2.78%
Revenue growth 5Y10.73%
Sales Q2Q%8.9%
Revenue Next Year7.91%
Revenue Next 2Y6.64%
Revenue Next 3Y6.21%
Revenue Next 5YN/A
EBIT growth 1Y24.53%
EBIT growth 3Y1.37%
EBIT growth 5Y15.4%
EBIT Next Year41.31%
EBIT Next 3Y17.25%
EBIT Next 5YN/A
FCF growth 1Y-15.37%
FCF growth 3Y1.38%
FCF growth 5Y16.68%
OCF growth 1Y-9.42%
OCF growth 3Y-1.09%
OCF growth 5Y13.79%
DE'LONGHI SPA / DLG.MI FAQ
What is the fundamental rating for DLG stock?
ChartMill assigns a fundamental rating of 7 / 10 to DLG.MI.
What is the valuation status for DLG stock?
ChartMill assigns a valuation rating of 5 / 10 to DE'LONGHI SPA (DLG.MI). This can be considered as Fairly Valued.
What is the profitability of DLG stock?
DE'LONGHI SPA (DLG.MI) has a profitability rating of 9 / 10.
Can you provide the PE and PB ratios for DLG stock?
The Price/Earnings (PE) ratio for DE'LONGHI SPA (DLG.MI) is 12.39 and the Price/Book (PB) ratio is 3.09.
How sustainable is the dividend of DE'LONGHI SPA (DLG.MI) stock?
The dividend rating of DE'LONGHI SPA (DLG.MI) is 4 / 10 and the dividend payout ratio is 27.4%.