DOVALUE SPA (DOV.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:DOV - IT0005610958 - Common Stock
3.014 EUR
+0.03 (+1.14%)
We assign a fundamental rating of 4 out of 10 to DOV. DOV was compared to 44 industry peers in the Commercial Services & Supplies industry. There are concerns on the financial health of DOV while its profitability can be described as average. DOV is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
DOV had negative earnings in the past year.
In the past year DOV had a positive cash flow from operations.
In multiple years DOV reported negative net income over the last 5 years.
In the past 5 years DOV always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of -1.36%, DOV is not doing good in the industry: 61.36% of the companies in the same industry are doing better.
DOV's Return On Equity of -8.92% is on the low side compared to the rest of the industry. DOV is outperformed by 61.36% of its industry peers.
DOV's Return On Invested Capital of 7.23% is fine compared to the rest of the industry. DOV outperforms 65.91% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for DOV is in line with the industry average of 8.40%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.36% | ||
| ROE | -8.92% | ||
| ROIC | 7.23% |
ROA(3y)-0.06%
ROA(5y)-0.18%
ROE(3y)-7.29%
ROE(5y)-5.12%
ROIC(3y)7.83%
ROIC(5y)7.47%
1.3 Margins
In the last couple of years the Profit Margin of DOV has declined.
Looking at the Operating Margin, with a value of 18.06%, DOV belongs to the top of the industry, outperforming 88.64% of the companies in the same industry.
DOV's Operating Margin has declined in the last couple of years.
The Gross Margin of DOV (95.25%) is better than 97.73% of its industry peers.
In the last couple of years the Gross Margin of DOV has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.06% | ||
| PM (TTM) | N/A | ||
| GM | 95.25% |
OM growth 3Y-4.69%
OM growth 5Y-7.74%
PM growth 3Y-54.6%
PM growth 5Y-48.13%
GM growth 3Y1.94%
GM growth 5Y1.12%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so DOV is still creating some value.
Compared to 1 year ago, DOV has more shares outstanding
DOV has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, DOV has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.26, we must say that DOV is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.26, DOV is doing worse than 65.91% of the companies in the same industry.
The Debt to FCF ratio of DOV is 7.47, which is on the high side as it means it would take DOV, 7.47 years of fcf income to pay off all of its debts.
DOV has a Debt to FCF ratio of 7.47. This is comparable to the rest of the industry: DOV outperforms 59.09% of its industry peers.
DOV has a Debt/Equity ratio of 2.98. This is a high value indicating a heavy dependency on external financing.
DOV has a Debt to Equity ratio of 2.98. This is amonst the worse of the industry: DOV underperforms 81.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.98 | ||
| Debt/FCF | 7.47 | ||
| Altman-Z | 1.26 |
ROIC/WACC1.31
WACC5.52%
2.3 Liquidity
A Current Ratio of 1.72 indicates that DOV should not have too much problems paying its short term obligations.
DOV has a better Current ratio (1.72) than 77.27% of its industry peers.
A Quick Ratio of 1.72 indicates that DOV should not have too much problems paying its short term obligations.
DOV has a better Quick ratio (1.72) than 81.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.72 | ||
| Quick Ratio | 1.72 |
3. Growth
3.1 Past
DOV shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 63.90%, which is quite impressive.
The earnings per share for DOV have been decreasing by -30.90% on average. This is quite bad
Looking at the last year, DOV shows a quite strong growth in Revenue. The Revenue has grown by 16.16% in the last year.
The Revenue has been growing slightly by 5.72% on average over the past years.
EPS 1Y (TTM)63.9%
EPS 3Y-36.84%
EPS 5Y-30.9%
EPS Q2Q%-103.22%
Revenue 1Y (TTM)16.16%
Revenue growth 3Y-5.03%
Revenue growth 5Y5.72%
Sales Q2Q%21.28%
3.2 Future
DOV is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 30.00% yearly.
DOV is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.18% yearly.
EPS Next Y1.01%
EPS Next 2Y31.94%
EPS Next 3Y30%
EPS Next 5YN/A
Revenue Next Year26.73%
Revenue Next 2Y29.94%
Revenue Next 3Y20.08%
Revenue Next 5Y10.18%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
DOV reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
The Price/Forward Earnings ratio is 10.23, which indicates a very decent valuation of DOV.
Compared to the rest of the industry, the Price/Forward Earnings ratio of DOV indicates a rather cheap valuation: DOV is cheaper than 86.36% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.98. DOV is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 10.23 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DOV is valued a bit cheaper than 72.73% of the companies in the same industry.
DOV's Price/Free Cash Flow ratio is rather cheap when compared to the industry. DOV is cheaper than 84.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.46 | ||
| EV/EBITDA | 5.93 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates DOV does not grow enough to justify the current Price/Earnings ratio.
A more expensive valuation may be justified as DOV's earnings are expected to grow with 30.00% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y31.94%
EPS Next 3Y30%
5. Dividend
5.1 Amount
DOV has a Yearly Dividend Yield of 19.87%, which is a nice return.
Compared to an average industry Dividend Yield of 2.67, DOV pays a better dividend. On top of this DOV pays more dividend than 100.00% of the companies listed in the same industry.
DOV's Dividend Yield is rather good when compared to the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 19.87% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DOV has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-43.62%
EPS Next 2Y31.94%
EPS Next 3Y30%
BIT:DOV (1/12/2026, 7:00:00 PM)
3.014
+0.03 (+1.14%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners34.28%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap573.08M
Revenue(TTM)547.79M
Net Income(TTM)-17.65M
Analysts84.44
Price Target3.45 (14.47%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 19.87% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP-43.62%
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)3.21%
PT rev (3m)4.81%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)1.01%
EPS NY rev (3m)1.01%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.23%
Revenue NY rev (3m)-0.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 10.23 | ||
| P/S | 1.05 | ||
| P/FCF | 6.46 | ||
| P/OCF | 4.91 | ||
| P/B | 2.9 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.93 |
EPS(TTM)-0.47
EYN/A
EPS(NY)0.29
Fwd EY9.77%
FCF(TTM)0.47
FCFY15.47%
OCF(TTM)0.61
OCFY20.38%
SpS2.88
BVpS1.04
TBVpS-2.47
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.36% | ||
| ROE | -8.92% | ||
| ROCE | 9.65% | ||
| ROIC | 7.23% | ||
| ROICexc | 8.3% | ||
| ROICexgc | 32.8% | ||
| OM | 18.06% | ||
| PM (TTM) | N/A | ||
| GM | 95.25% | ||
| FCFM | 16.18% |
ROA(3y)-0.06%
ROA(5y)-0.18%
ROE(3y)-7.29%
ROE(5y)-5.12%
ROIC(3y)7.83%
ROIC(5y)7.47%
ROICexc(3y)9.32%
ROICexc(5y)8.95%
ROICexgc(3y)31.24%
ROICexgc(5y)32.48%
ROCE(3y)10.57%
ROCE(5y)10.04%
ROICexgc growth 3Y-11.07%
ROICexgc growth 5Y-8.61%
ROICexc growth 3Y-14.71%
ROICexc growth 5Y-15.09%
OM growth 3Y-4.69%
OM growth 5Y-7.74%
PM growth 3Y-54.6%
PM growth 5Y-48.13%
GM growth 3Y1.94%
GM growth 5Y1.12%
F-Score4
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.98 | ||
| Debt/FCF | 7.47 | ||
| Debt/EBITDA | 3.19 | ||
| Cap/Depr | 32.7% | ||
| Cap/Sales | 5.14% | ||
| Interest Coverage | 2.41 | ||
| Cash Conversion | 63.12% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.72 | ||
| Quick Ratio | 1.72 | ||
| Altman-Z | 1.26 |
F-Score4
WACC5.52%
ROIC/WACC1.31
Cap/Depr(3y)32.42%
Cap/Depr(5y)39.27%
Cap/Sales(3y)4.96%
Cap/Sales(5y)6.23%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)63.9%
EPS 3Y-36.84%
EPS 5Y-30.9%
EPS Q2Q%-103.22%
EPS Next Y1.01%
EPS Next 2Y31.94%
EPS Next 3Y30%
EPS Next 5YN/A
Revenue 1Y (TTM)16.16%
Revenue growth 3Y-5.03%
Revenue growth 5Y5.72%
Sales Q2Q%21.28%
Revenue Next Year26.73%
Revenue Next 2Y29.94%
Revenue Next 3Y20.08%
Revenue Next 5Y10.18%
EBIT growth 1Y82.47%
EBIT growth 3Y-9.48%
EBIT growth 5Y-2.46%
EBIT Next Year191.37%
EBIT Next 3Y61.86%
EBIT Next 5Y33.58%
FCF growth 1Y55.09%
FCF growth 3Y-3.54%
FCF growth 5Y-11.1%
OCF growth 1Y42.77%
OCF growth 3Y-14.9%
OCF growth 5Y-5.82%
DOVALUE SPA / DOV.MI FAQ
What is the fundamental rating for DOV stock?
ChartMill assigns a fundamental rating of 4 / 10 to DOV.MI.
What is the valuation status of DOVALUE SPA (DOV.MI) stock?
ChartMill assigns a valuation rating of 5 / 10 to DOVALUE SPA (DOV.MI). This can be considered as Fairly Valued.
What is the profitability of DOV stock?
DOVALUE SPA (DOV.MI) has a profitability rating of 4 / 10.
Is the dividend of DOVALUE SPA sustainable?
The dividend rating of DOVALUE SPA (DOV.MI) is 5 / 10 and the dividend payout ratio is -43.62%.