DHH SPA (DHH.MI) Stock Fundamental Analysis
Europe • Euronext Milan • BIT:DHH • IT0005203622
24.6 EUR
0 (0%)
Last: Jan 22, 2026, 07:00 PM
We assign a fundamental rating of 5 out of 10 to DHH. DHH was compared to 74 industry peers in the IT Services industry. While DHH belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. DHH is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year DHH was profitable.
- DHH had a positive operating cash flow in the past year.
- In the past 5 years DHH has always been profitable.
- DHH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- The Return On Assets of DHH (5.26%) is comparable to the rest of the industry.
- DHH has a Return On Equity (12.73%) which is comparable to the rest of the industry.
- The Return On Invested Capital of DHH (8.08%) is comparable to the rest of the industry.
- The Average Return On Invested Capital over the past 3 years for DHH is significantly below the industry average of 26.58%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.26% | ||
| ROE | 12.73% | ||
| ROIC | 8.08% |
ROA(3y)3.93%
ROA(5y)4.47%
ROE(3y)8.68%
ROE(5y)9.26%
ROIC(3y)8.73%
ROIC(5y)7.32%
1.3 Margins
- The Profit Margin of DHH (10.05%) is better than 87.14% of its industry peers.
- In the last couple of years the Profit Margin of DHH has grown nicely.
- DHH's Operating Margin of 18.89% is amongst the best of the industry. DHH outperforms 94.29% of its industry peers.
- DHH's Operating Margin has improved in the last couple of years.
- DHH's Gross Margin of 93.24% is amongst the best of the industry. DHH outperforms 91.43% of its industry peers.
- In the last couple of years the Gross Margin of DHH has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.89% | ||
| PM (TTM) | 10.05% | ||
| GM | 93.24% |
OM growth 3Y-2.06%
OM growth 5Y54.36%
PM growth 3Y-14.91%
PM growth 5Y46.79%
GM growth 3Y-0.79%
GM growth 5Y-1.44%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), DHH is creating some value.
- The number of shares outstanding for DHH has been increased compared to 1 year ago.
- DHH has more shares outstanding than it did 5 years ago.
- DHH has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 3.35 indicates that DHH is not in any danger for bankruptcy at the moment.
- With a decent Altman-Z score value of 3.35, DHH is doing good in the industry, outperforming 64.29% of the companies in the same industry.
- DHH has a debt to FCF ratio of 3.64. This is a good value and a sign of high solvency as DHH would need 3.64 years to pay back of all of its debts.
- DHH has a Debt to FCF ratio (3.64) which is in line with its industry peers.
- DHH has a Debt/Equity ratio of 0.51. This is a neutral value indicating DHH is somewhat dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.51, DHH is in line with its industry, outperforming 47.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 3.64 | ||
| Altman-Z | 3.35 |
ROIC/WACC1.06
WACC7.59%
2.3 Liquidity
- DHH has a Current Ratio of 1.29. This is a normal value and indicates that DHH is financially healthy and should not expect problems in meeting its short term obligations.
- DHH has a Current ratio (1.29) which is in line with its industry peers.
- A Quick Ratio of 1.26 indicates that DHH should not have too much problems paying its short term obligations.
- DHH has a better Quick ratio (1.26) than 62.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.29 | ||
| Quick Ratio | 1.26 |
3. Growth
3.1 Past
- The earnings per share for DHH have decreased by -5.53% in the last year.
- Measured over the past years, DHH shows a very strong growth in Earnings Per Share. The EPS has been growing by 62.49% on average per year.
- The Revenue has been growing slightly by 6.82% in the past year.
- Measured over the past years, DHH shows a very strong growth in Revenue. The Revenue has been growing by 39.65% on average per year.
EPS 1Y (TTM)-5.53%
EPS 3Y3.98%
EPS 5Y62.49%
EPS Q2Q%3.55%
Revenue 1Y (TTM)6.82%
Revenue growth 3Y22.43%
Revenue growth 5Y39.65%
Sales Q2Q%9.01%
3.2 Future
- Based on estimates for the next years, DHH will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.37% on average per year.
- DHH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.02% yearly.
EPS Next Y5.73%
EPS Next 2Y9.72%
EPS Next 3Y11.37%
EPS Next 5YN/A
Revenue Next Year15.35%
Revenue Next 2Y10.64%
Revenue Next 3Y9.18%
Revenue Next 5Y7.02%
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
- 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 32.37, the valuation of DHH can be described as expensive.
- Based on the Price/Earnings ratio, DHH is valued a bit more expensive than 62.86% of the companies in the same industry.
- When comparing the Price/Earnings ratio of DHH to the average of the S&P500 Index (28.32), we can say DHH is valued inline with the index average.
- A Price/Forward Earnings ratio of 24.50 indicates a rather expensive valuation of DHH.
- DHH's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. DHH is more expensive than 61.43% of the companies in the same industry.
- DHH's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.57.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.37 | ||
| Fwd PE | 24.5 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DHH is on the same level as its industry peers.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of DHH is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.15 | ||
| EV/EBITDA | 10.54 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- DHH has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)5.65
PEG (5Y)0.52
EPS Next 2Y9.72%
EPS Next 3Y11.37%
5. Dividend
5.1 Amount
- DHH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
DHH SPA / DHH.MI FAQ
What is the fundamental rating for DHH stock?
ChartMill assigns a fundamental rating of 5 / 10 to DHH.MI.
What is the valuation status for DHH stock?
ChartMill assigns a valuation rating of 2 / 10 to DHH SPA (DHH.MI). This can be considered as Overvalued.
How profitable is DHH SPA (DHH.MI) stock?
DHH SPA (DHH.MI) has a profitability rating of 7 / 10.
What is the financial health of DHH SPA (DHH.MI) stock?
The financial health rating of DHH SPA (DHH.MI) is 5 / 10.
What is the expected EPS growth for DHH SPA (DHH.MI) stock?
The Earnings per Share (EPS) of DHH SPA (DHH.MI) is expected to grow by 5.73% in the next year.