DIASORIN SPA (DIA.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:DIA - IT0003492391 - Common Stock
73.06 EUR
-0.46 (-0.63%)
We assign a fundamental rating of 5 out of 10 to DIA. DIA was compared to 67 industry peers in the Health Care Equipment & Supplies industry. DIA scores excellent on profitability, but there are some minor concerns on its financial health. 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.
- In the past year DIA had a positive cash flow from operations.
- In the past 5 years DIA has always been profitable.
- In the past 5 years DIA always reported a positive cash flow from operatings.
1.2 Ratios
- DIA has a Return On Assets of 6.56%. This is in the better half of the industry: DIA outperforms 74.63% of its industry peers.
- DIA's Return On Equity of 12.26% is fine compared to the rest of the industry. DIA outperforms 73.13% of its industry peers.
- With a decent Return On Invested Capital value of 8.93%, DIA is doing good in the industry, outperforming 74.63% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for DIA is below the industry average of 9.84%.
- The last Return On Invested Capital (8.93%) for DIA is above the 3 year average (7.59%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.56% | ||
| ROE | 12.26% | ||
| ROIC | 8.93% |
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
- The Profit Margin of DIA (15.87%) is better than 86.57% of its industry peers.
- DIA's Profit Margin has declined in the last couple of years.
- DIA has a better Operating Margin (22.36%) than 89.55% of its industry peers.
- DIA's Operating Margin has declined in the last couple of years.
- DIA has a better Gross Margin (65.94%) than 70.15% of its industry peers.
- In the last couple of years the Gross Margin of DIA has remained more or less at the same level.
| 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
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so DIA is still creating some value.
- The number of shares outstanding for DIA has been increased compared to 1 year ago.
- DIA has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, DIA has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 3.28 indicates that DIA is not in any danger for bankruptcy at the moment.
- DIA's Altman-Z score of 3.28 is fine compared to the rest of the industry. DIA outperforms 67.16% of its industry peers.
- DIA has a debt to FCF ratio of 3.75. This is a good value and a sign of high solvency as DIA would need 3.75 years to pay back of all of its debts.
- DIA's Debt to FCF ratio of 3.75 is fine compared to the rest of the industry. DIA outperforms 67.16% of its industry peers.
- DIA has a Debt/Equity ratio of 0.35. This is a healthy value indicating a solid balance between debt and equity.
- DIA has a Debt to Equity ratio of 0.35. This is comparable to the rest of the industry: DIA outperforms 56.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 3.75 | ||
| Altman-Z | 3.28 |
ROIC/WACC1.18
WACC7.6%
2.3 Liquidity
- DIA has a Current Ratio of 1.37. This is a normal value and indicates that DIA is financially healthy and should not expect problems in meeting its short term obligations.
- DIA's Current ratio of 1.37 is in line compared to the rest of the industry. DIA outperforms 43.28% of its industry peers.
- A Quick Ratio of 0.78 indicates that DIA may have some problems paying its short term obligations.
- With a Quick ratio value of 0.78, DIA is not doing good in the industry: 73.13% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.37 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
- The earnings per share for DIA have decreased by -5.43% in the last 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.
- Measured over the past years, DIA shows a quite strong growth in Revenue. The Revenue has been growing by 10.91% on average per year.
EPS 1Y (TTM)-5.43%
EPS 3Y-14.55%
EPS 5Y1.02%
EPS Q2Q%-19.05%
Revenue 1Y (TTM)3.24%
Revenue growth 3Y-1.43%
Revenue growth 5Y10.91%
Sales Q2Q%-2.09%
3.2 Future
- DIA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.15% yearly.
- The Revenue is expected to grow by 5.86% on average over the next years.
EPS Next Y9.25%
EPS Next 2Y10.62%
EPS Next 3Y12.13%
EPS Next 5Y12.15%
Revenue Next Year0.83%
Revenue Next 2Y3.91%
Revenue Next 3Y5.26%
Revenue Next 5Y5.86%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- 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
- DIA is valuated rather expensively with a Price/Earnings ratio of 22.07.
- 76.12% of the companies in the same industry are more expensive than DIA, based on the Price/Earnings ratio.
- DIA's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.30.
- With a Price/Forward Earnings ratio of 17.31, DIA is valued on the expensive side.
- Based on the Price/Forward Earnings ratio, DIA is valued a bit cheaper than 68.66% of the companies in the same industry.
- DIA is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.32, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.07 | ||
| Fwd PE | 17.31 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, DIA is valued a bit cheaper than 76.12% of the companies in the same industry.
- 89.55% of the companies in the same industry are more expensive than DIA, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.68 | ||
| EV/EBITDA | 12.16 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- DIA has a very decent profitability rating, which may justify a higher PE ratio.
- A more expensive valuation may be justified as DIA's earnings are expected to grow with 12.13% in the coming years.
PEG (NY)2.39
PEG (5Y)21.6
EPS Next 2Y10.62%
EPS Next 3Y12.13%
5. Dividend
5.1 Amount
- DIA has a Yearly Dividend Yield of 1.58%.
- Compared to an average industry Dividend Yield of 0.95, DIA pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.82, DIA has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.58% |
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 33.43% of its income as dividend. This is a sustainable payout ratio.
- The dividend of DIA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP33.43%
EPS Next 2Y10.62%
EPS Next 3Y12.13%
DIASORIN SPA / DIA.MI FAQ
What is the ChartMill fundamental rating of DIASORIN SPA (DIA.MI) stock?
ChartMill assigns a fundamental rating of 5 / 10 to DIA.MI.
What is the valuation status for DIA stock?
ChartMill assigns a valuation rating of 5 / 10 to DIASORIN SPA (DIA.MI). This can be considered as Fairly Valued.
How profitable is DIASORIN SPA (DIA.MI) stock?
DIASORIN SPA (DIA.MI) has a profitability rating of 7 / 10.
What are the PE and PB ratios of DIASORIN SPA (DIA.MI) stock?
The Price/Earnings (PE) ratio for DIASORIN SPA (DIA.MI) is 22.07 and the Price/Book (PB) ratio is 2.66.
How financially healthy is DIASORIN SPA?
The financial health rating of DIASORIN SPA (DIA.MI) is 5 / 10.