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
Overall DHH gets a fundamental rating of 5 out of 10. We evaluated DHH against 70 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 quite expensive at the moment. 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.
- In the past 5 years DHH always reported a positive cash flow from operatings.
1.2 Ratios
- DHH has a Return On Assets of 5.26%. This is comparable to the rest of the industry: DHH outperforms 57.14% of its industry peers.
- DHH has a Return On Equity (12.73%) which is in line with its industry peers.
- DHH has a Return On Invested Capital of 8.08%. This is comparable to the rest of the industry: DHH outperforms 45.71% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for DHH is significantly below the industry average of 26.75%.
| 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
- With an excellent Profit Margin value of 10.05%, DHH belongs to the best of the industry, outperforming 87.14% of the companies in the same industry.
- DHH's Profit Margin has improved in the last couple of years.
- The Operating Margin of DHH (18.89%) is better than 94.29% of its industry peers.
- In the last couple of years the Operating Margin of DHH has grown nicely.
- Looking at the Gross Margin, with a value of 93.24%, DHH belongs to the top of the industry, outperforming 91.43% of the companies in the same industry.
- DHH's Gross Margin has been stable in the last couple of years.
| 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
- DHH has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- DHH has more shares outstanding than it did 1 year ago.
- DHH has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, DHH has an improved debt to assets ratio.
2.2 Solvency
- DHH has an Altman-Z score of 3.35. This indicates that DHH is financially healthy and has little risk of 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.
- With a Debt to FCF ratio value of 3.64, DHH perfoms like the industry average, outperforming 51.43% of the companies in the same industry.
- DHH has a Debt/Equity ratio of 0.51. This is a neutral value indicating DHH is somewhat dependend on debt financing.
- The Debt to Equity ratio of DHH (0.51) is comparable to the rest of the 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
- A Current Ratio of 1.29 indicates that DHH should not have too much problems paying its short term obligations.
- DHH has a Current ratio (1.29) which is comparable to the rest of the industry.
- DHH has a Quick Ratio of 1.26. This is a normal value and indicates that DHH is financially healthy and should not expect problems in meeting its short term obligations.
- The Quick ratio of DHH (1.26) is better 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.
- The Earnings Per Share has been growing by 62.49% on average over the past years. This is a very strong growth
- DHH shows a small growth in Revenue. In the last year, the Revenue has grown by 6.82%.
- The Revenue has been growing by 39.65% on average over the past years. This is a very strong growth!
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
- The Earnings Per Share is expected to grow by 11.37% on average over the next years. This is quite good.
- 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
- A Price/Earnings ratio of 32.37 indicates a quite expensive valuation of DHH.
- 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 (28.30), we can say DHH is valued inline with the index average.
- With a Price/Forward Earnings ratio of 24.50, DHH is valued on the expensive side.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of DHH indicates a slightly more expensive valuation: DHH is more expensive than 61.43% of the companies listed in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 25.57. DHH is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.37 | ||
| Fwd PE | 24.5 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as DHH.
- DHH's Price/Free Cash Flow is on the same level as the industry average.
| 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.
- The decent profitability rating of DHH 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.