INDUSTRIE DE NORA SPA (DNR.MI) Stock Fundamental Analysis
BIT:DNR - Euronext Milan - IT0005186371 - Common Stock - Currency: EUR
Taking everything into account, DNR scores 6 out of 10 in our fundamental rating. DNR was compared to 110 industry peers in the Machinery industry. DNR has an excellent profitability rating, but there are some minor concerns on its financial health. DNR has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year DNR was profitable.
In the past year DNR had a positive cash flow from operations.
In the past 5 years DNR has always been profitable.
DNR had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of DNR (5.81%) is better than 76.15% of its industry peers.
DNR's Return On Equity of 8.55% is in line compared to the rest of the industry. DNR outperforms 56.88% of its industry peers.
DNR has a better Return On Invested Capital (7.72%) than 66.97% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for DNR is in line with the industry average of 8.05%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.81% | ||
| ROE | 8.55% | ||
| ROIC | 7.72% |
ROA(3y)10.03%
ROA(5y)8.22%
ROE(3y)15.44%
ROE(5y)13.82%
ROIC(3y)9.33%
ROIC(5y)9.82%
1.3 Margins
DNR has a Profit Margin of 9.31%. This is amongst the best in the industry. DNR outperforms 88.99% of its industry peers.
In the last couple of years the Profit Margin of DNR has grown nicely.
DNR has a better Operating Margin (12.69%) than 86.24% of its industry peers.
DNR's Operating Margin has improved in the last couple of years.
DNR has a Gross Margin of 56.95%. This is in the better half of the industry: DNR outperforms 77.98% of its industry peers.
DNR's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.69% | ||
| PM (TTM) | 9.31% | ||
| GM | 56.95% |
OM growth 3Y-4.58%
OM growth 5Y6.3%
PM growth 3Y-3.72%
PM growth 5Y10.98%
GM growth 3Y-0.95%
GM growth 5Y-1.81%
2. Health
2.1 Basic Checks
DNR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, DNR has less shares outstanding
Compared to 5 years ago, DNR has more shares outstanding
The debt/assets ratio for DNR is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.49 indicates that DNR is not a great score, but indicates only limited risk for bankruptcy at the moment.
DNR's Altman-Z score of 2.49 is fine compared to the rest of the industry. DNR outperforms 62.39% of its industry peers.
DNR has a debt to FCF ratio of 3.68. This is a good value and a sign of high solvency as DNR would need 3.68 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.68, DNR is in the better half of the industry, outperforming 69.72% of the companies in the same industry.
DNR has a Debt/Equity ratio of 0.15. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.15, DNR is doing good in the industry, outperforming 77.98% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 3.68 | ||
| Altman-Z | 2.49 |
ROIC/WACC0.82
WACC9.4%
2.3 Liquidity
DNR has a Current Ratio of 2.74. This indicates that DNR is financially healthy and has no problem in meeting its short term obligations.
DNR's Current ratio of 2.74 is amongst the best of the industry. DNR outperforms 85.32% of its industry peers.
A Quick Ratio of 1.77 indicates that DNR should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.77, DNR belongs to the top of the industry, outperforming 84.40% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.74 | ||
| Quick Ratio | 1.77 |
3. Growth
3.1 Past
The earnings per share for DNR have decreased strongly by -62.55% in the last year.
The Earnings Per Share has been growing by 23.83% on average over the past years. This is a very strong growth
Looking at the last year, DNR shows a small growth in Revenue. The Revenue has grown by 5.46% in the last year.
DNR shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.29% yearly.
EPS 1Y (TTM)-62.55%
EPS 3Y8.2%
EPS 5Y23.83%
EPS Q2Q%-11.11%
Revenue 1Y (TTM)5.46%
Revenue growth 3Y11.89%
Revenue growth 5Y11.29%
Sales Q2Q%5.96%
3.2 Future
Based on estimates for the next years, DNR will show a small growth in Earnings Per Share. The EPS will grow by 1.74% on average per year.
The Revenue is expected to grow by 5.31% on average over the next years.
EPS Next Y3.78%
EPS Next 2Y3.78%
EPS Next 3Y1.74%
EPS Next 5YN/A
Revenue Next Year3.05%
Revenue Next 2Y0.51%
Revenue Next 3Y1.25%
Revenue Next 5Y5.31%
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 decreasing.
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
The Price/Earnings ratio is 15.80, which indicates a correct valuation of DNR.
Based on the Price/Earnings ratio, DNR is valued a bit cheaper than 63.30% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.52, DNR is valued a bit cheaper.
A Price/Forward Earnings ratio of 14.26 indicates a correct valuation of DNR.
Compared to the rest of the industry, the Price/Forward Earnings ratio of DNR is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.25, DNR is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.8 | ||
| Fwd PE | 14.26 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DNR indicates a rather cheap valuation: DNR is cheaper than 91.74% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, DNR is valued cheaper than 85.32% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.62 | ||
| EV/EBITDA | 2.17 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates DNR does not grow enough to justify the current Price/Earnings ratio.
DNR has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)4.19
PEG (5Y)0.66
EPS Next 2Y3.78%
EPS Next 3Y1.74%
5. Dividend
5.1 Amount
DNR has a Yearly Dividend Yield of 1.62%.
The stock price of DNR dropped by -30.51% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 2.78, DNR has a dividend in line with its industry peers.
Compared to the average S&P500 Dividend Yield of 2.38, DNR is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.62% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DNR pays out 30.11% of its income as dividend. This is a sustainable payout ratio.
DP30.11%
EPS Next 2Y3.78%
EPS Next 3Y1.74%
BIT:DNR (6/6/2025, 7:00:00 PM)
6.48
-0.08 (-1.29%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners42.43%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap331.78M
Analysts84
Price Target9.52 (46.91%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.62% |
Yearly Dividend0.12
Dividend Growth(5Y)N/A
DP30.11%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-4.49%
Min EPS beat(2)-20.79%
Max EPS beat(2)11.82%
EPS beat(4)2
Avg EPS beat(4)-6.16%
Min EPS beat(4)-24.21%
Max EPS beat(4)11.82%
EPS beat(8)4
Avg EPS beat(8)46.82%
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)-2.54%
Max Revenue beat(2)-1.37%
Revenue beat(4)0
Avg Revenue beat(4)-3.24%
Min Revenue beat(4)-6.26%
Max Revenue beat(4)-1.37%
Revenue beat(8)0
Avg Revenue beat(8)-4.95%
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)0%
PT rev (3m)-18.03%
EPS NQ rev (1m)-80.95%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-2.25%
Revenue NQ rev (1m)-4.54%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)-0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.8 | ||
| Fwd PE | 14.26 | ||
| P/S | 0.38 | ||
| P/FCF | 7.62 | ||
| P/OCF | 3.06 | ||
| P/B | 0.35 | ||
| P/tB | 0.39 | ||
| EV/EBITDA | 2.17 |
EPS(TTM)0.41
EY6.33%
EPS(NY)0.45
Fwd EY7.01%
FCF(TTM)0.85
FCFY13.13%
OCF(TTM)2.12
OCFY32.73%
SpS17.07
BVpS18.59
TBVpS16.42
PEG (NY)4.19
PEG (5Y)0.66
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.81% | ||
| ROE | 8.55% | ||
| ROCE | 9.78% | ||
| ROIC | 7.72% | ||
| ROICexc | 9.16% | ||
| ROICexgc | 10.37% | ||
| OM | 12.69% | ||
| PM (TTM) | 9.31% | ||
| GM | 56.95% | ||
| FCFM | 4.98% |
ROA(3y)10.03%
ROA(5y)8.22%
ROE(3y)15.44%
ROE(5y)13.82%
ROIC(3y)9.33%
ROIC(5y)9.82%
ROICexc(3y)11.37%
ROICexc(5y)11.71%
ROICexgc(3y)13.17%
ROICexgc(5y)14.69%
ROCE(3y)11.83%
ROCE(5y)12.45%
ROICexcg growth 3Y-22.07%
ROICexcg growth 5Y6.25%
ROICexc growth 3Y-16.14%
ROICexc growth 5Y9.1%
OM growth 3Y-4.58%
OM growth 5Y6.3%
PM growth 3Y-3.72%
PM growth 5Y10.98%
GM growth 3Y-0.95%
GM growth 5Y-1.81%
F-Score7
Asset Turnover0.62
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 3.68 | ||
| Debt/EBITDA | 0.95 | ||
| Cap/Depr | 184.66% | ||
| Cap/Sales | 7.44% | ||
| Interest Coverage | 5.7 | ||
| Cash Conversion | 74.31% | ||
| Profit Quality | 53.54% | ||
| Current Ratio | 2.74 | ||
| Quick Ratio | 1.77 | ||
| Altman-Z | 2.49 |
F-Score7
WACC9.4%
ROIC/WACC0.82
Cap/Depr(3y)401.91%
Cap/Depr(5y)285.48%
Cap/Sales(3y)13.94%
Cap/Sales(5y)10.47%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-62.55%
EPS 3Y8.2%
EPS 5Y23.83%
EPS Q2Q%-11.11%
EPS Next Y3.78%
EPS Next 2Y3.78%
EPS Next 3Y1.74%
EPS Next 5YN/A
Revenue 1Y (TTM)5.46%
Revenue growth 3Y11.89%
Revenue growth 5Y11.29%
Sales Q2Q%5.96%
Revenue Next Year3.05%
Revenue Next 2Y0.51%
Revenue Next 3Y1.25%
Revenue Next 5Y5.31%
EBIT growth 1Y-17.4%
EBIT growth 3Y6.76%
EBIT growth 5Y18.3%
EBIT Next Year26.82%
EBIT Next 3Y6.73%
EBIT Next 5Y11.14%
FCF growth 1Y134.59%
FCF growth 3YN/A
FCF growth 5Y13.86%
OCF growth 1Y17.35%
OCF growth 3YN/A
OCF growth 5Y12.69%