DIASORIN SPA (DIA.MI) Stock Fundamental Analysis
BIT:DIA - Euronext Milan - IT0003492391 - Common Stock - Currency: EUR
DIA gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 53 industry peers in the Health Care Equipment & Supplies industry. DIA is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. DIA is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year DIA was profitable.
DIA had a positive operating cash flow in the past year.
Each year in the past 5 years DIA has been profitable.
Each year in the past 5 years DIA had a positive operating cash flow.
1.2 Ratios
The Return On Assets of DIA (5.69%) is better than 77.36% of its industry peers.
DIA's Return On Equity of 10.44% is fine compared to the rest of the industry. DIA outperforms 79.25% of its industry peers.
The Return On Invested Capital of DIA (6.82%) is better than 71.70% of its industry peers.
DIA had an Average Return On Invested Capital over the past 3 years of 7.59%. This is in line with the industry average of 8.25%.
| 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 Profit Margin of 15.87%. This is amongst the best in the industry. DIA outperforms 86.79% of its industry peers.
In the last couple of years the Profit Margin of DIA has declined.
DIA has a Operating Margin of 22.36%. This is amongst the best in the industry. DIA outperforms 92.45% of its industry peers.
DIA's Operating Margin has declined in the last couple of years.
DIA's Gross Margin of 65.94% is fine compared to the rest of the industry. DIA outperforms 69.81% 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), DIA is destroying value.
DIA has more shares outstanding than it did 1 year ago.
The number of shares outstanding for DIA has been reduced compared to 5 years ago.
Compared to 1 year ago, DIA has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.78 indicates that DIA is not in any danger for bankruptcy at the moment.
DIA's Altman-Z score of 3.78 is fine compared to the rest of the industry. DIA outperforms 77.36% of its industry peers.
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.
Looking at the Debt to FCF ratio, with a value of 4.24, DIA is in the better half of the industry, outperforming 69.81% of the companies in the same industry.
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 Debt to Equity ratio (0.54) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | 4.24 | ||
| Altman-Z | 3.78 |
ROIC/WACC0.88
WACC7.77%
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 better Current ratio (3.51) than 84.91% of its industry peers.
DIA has a Quick Ratio of 2.26. This indicates that DIA is financially healthy and has no problem in meeting its short term obligations.
DIA's Quick ratio of 2.26 is fine compared to the rest of the industry. DIA outperforms 79.25% of its industry peers.
| 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 17.35% over the past year.
The Earnings Per Share has been growing slightly by 1.02% on average over the past years.
Looking at the last year, DIA shows a small growth in Revenue. The Revenue has grown by 3.24% in the last year.
The Revenue has been growing by 10.91% on average over the past years. This is quite good.
EPS 1Y (TTM)17.35%
EPS 3Y-14.57%
EPS 5Y1.02%
EPS Q2Q%-5.75%
Revenue 1Y (TTM)3.24%
Revenue growth 3Y-1.43%
Revenue growth 5Y10.91%
Sales Q2Q%2.32%
3.2 Future
Based on estimates for the next years, DIA will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.56% on average per year.
Based on estimates for the next years, DIA will show a quite strong growth in Revenue. The Revenue will grow by 9.27% on average per year.
EPS Next Y22.21%
EPS Next 2Y20.33%
EPS Next 3Y18.24%
EPS Next 5Y16.56%
Revenue Next Year6.57%
Revenue Next 2Y7.57%
Revenue Next 3Y7.63%
Revenue Next 5Y9.27%
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 28.53, the valuation of DIA can be described as expensive.
73.58% of the companies in the same industry are more expensive than DIA, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of DIA to the average of the S&P500 Index (28.10), we can say DIA is valued inline with the index average.
DIA is valuated rather expensively with a Price/Forward Earnings ratio of 23.34.
Based on the Price/Forward Earnings ratio, DIA is valued a bit cheaper than the industry average as 62.26% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.74, DIA is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.53 | ||
| Fwd PE | 23.34 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DIA is valued a bit cheaper than the industry average as 75.47% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of DIA indicates a rather cheap valuation: DIA is cheaper than 81.13% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.04 | ||
| EV/EBITDA | 15.82 |
4.3 Compensation for Growth
DIA's 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.
DIA's earnings are expected to grow with 18.24% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.28
PEG (5Y)27.92
EPS Next 2Y20.33%
EPS Next 3Y18.24%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.19%, DIA has a reasonable but not impressive dividend return.
DIA's Dividend Yield is a higher than the industry average which is at 2.47.
Compared to an average S&P500 Dividend Yield of 2.43, DIA's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.19% |
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 (5/6/2025, 11:35:55 AM)
98.43
-2.27 (-2.25%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners21.32%
Inst Owner ChangeN/A
Ins Owners12.56%
Ins Owner ChangeN/A
Market Cap5.51B
Analysts71.58
Price Target111.66 (13.44%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.19% |
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)1.17%
PT rev (3m)4.29%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.02%
EPS NY rev (3m)0.41%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.38%
Revenue NY rev (3m)-1.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.53 | ||
| Fwd PE | 23.34 | ||
| P/S | 4.65 | ||
| P/FCF | 23.04 | ||
| P/OCF | 15.35 | ||
| P/B | 3.06 | ||
| P/tB | N/A | ||
| EV/EBITDA | 15.82 |
EPS(TTM)3.45
EY3.51%
EPS(NY)4.22
Fwd EY4.28%
FCF(TTM)4.27
FCFY4.34%
OCF(TTM)6.41
OCFY6.51%
SpS21.19
BVpS32.19
TBVpS-4.07
PEG (NY)1.28
PEG (5Y)27.92
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 | 3.78 |
F-Score8
WACC7.77%
ROIC/WACC0.88
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)17.35%
EPS 3Y-14.57%
EPS 5Y1.02%
EPS Q2Q%-5.75%
EPS Next Y22.21%
EPS Next 2Y20.33%
EPS Next 3Y18.24%
EPS Next 5Y16.56%
Revenue 1Y (TTM)3.24%
Revenue growth 3Y-1.43%
Revenue growth 5Y10.91%
Sales Q2Q%2.32%
Revenue Next Year6.57%
Revenue Next 2Y7.57%
Revenue Next 3Y7.63%
Revenue Next 5Y9.27%
EBIT growth 1Y11.44%
EBIT growth 3Y-15.63%
EBIT growth 5Y3.56%
EBIT Next Year60.53%
EBIT Next 3Y26.96%
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%