DOVALUE SPA (DOV.MI) Stock Fundamental Analysis
BIT:DOV - Euronext Milan - IT0005610958 - Common Stock - Currency: EUR
Taking everything into account, DOV scores 4 out of 10 in our fundamental rating. DOV was compared to 41 industry peers in the Commercial Services & Supplies industry. While DOV is still in line with the averages on profitability rating, there are concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on DOV.
1. Profitability
1.1 Basic Checks
In the past year DOV was profitable.
DOV had a positive operating cash flow in the past year.
In multiple years DOV reported negative net income over the last 5 years.
DOV had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
DOV has a Return On Assets of -1.38%. This is in the lower half of the industry: DOV underperforms 61.36% of its industry peers.
The Return On Equity of DOV (-23.06%) is worse than 75.00% of its industry peers.
DOV's Return On Invested Capital of 6.61% is fine compared to the rest of the industry. DOV outperforms 70.45% of its industry peers.
The Average Return On Invested Capital over the past 3 years for DOV is in line with the industry average of 6.84%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.38% | ||
| ROE | -23.06% | ||
| ROIC | 6.61% |
ROA(3y)-0.06%
ROA(5y)-0.18%
ROE(3y)-7.29%
ROE(5y)-5.12%
ROIC(3y)7.15%
ROIC(5y)7.06%
1.3 Margins
DOV's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 10.71%, DOV is in the better half of the industry, outperforming 79.55% of the companies in the same industry.
In the last couple of years the Operating Margin of DOV has declined.
The Gross Margin of DOV (95.24%) is better than 95.45% of its industry peers.
In the last couple of years the Gross Margin of DOV has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.71% | ||
| PM (TTM) | N/A | ||
| GM | 95.24% |
OM growth 3Y-12.59%
OM growth 5Y-12.41%
PM growth 3Y-54.54%
PM growth 5Y-48.08%
GM growth 3Y0.1%
GM growth 5Y0.02%
2. Health
2.1 Basic Checks
DOV has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for DOV has been increased compared to 1 year ago.
DOV has more shares outstanding than it did 5 years ago.
DOV has a better debt/assets ratio than last year.
2.2 Solvency
DOV has an Altman-Z score of 0.87. This is a bad value and indicates that DOV is not financially healthy and even has some risk of bankruptcy.
DOV has a Altman-Z score of 0.87. This is in the lower half of the industry: DOV underperforms 63.64% of its industry peers.
The Debt to FCF ratio of DOV is 14.87, which is on the high side as it means it would take DOV, 14.87 years of fcf income to pay off all of its debts.
DOV has a Debt to FCF ratio (14.87) which is comparable to the rest of the industry.
A Debt/Equity ratio of 5.96 is on the high side and indicates that DOV has dependencies on debt financing.
The Debt to Equity ratio of DOV (5.96) is worse than 81.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.96 | ||
| Debt/FCF | 14.87 | ||
| Altman-Z | 0.87 |
ROIC/WACC1.17
WACC5.66%
2.3 Liquidity
A Current Ratio of 0.81 indicates that DOV may have some problems paying its short term obligations.
DOV's Current ratio of 0.81 is on the low side compared to the rest of the industry. DOV is outperformed by 72.73% of its industry peers.
A Quick Ratio of 0.81 indicates that DOV may have some problems paying its short term obligations.
DOV's Quick ratio of 0.81 is in line compared to the rest of the industry. DOV outperforms 43.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.81 |
3. Growth
3.1 Past
DOV shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 119.81%, which is quite impressive.
The earnings per share for DOV have been decreasing by -30.12% on average. This is quite bad
DOV shows a strong growth in Revenue. In the last year, the Revenue has grown by 66.11%.
Measured over the past years, DOV shows a small growth in Revenue. The Revenue has been growing by 5.64% on average per year.
EPS 1Y (TTM)119.81%
EPS 3Y-35.63%
EPS 5Y-30.12%
EPS Q2Q%104.75%
Revenue 1Y (TTM)66.11%
Revenue growth 3Y-5.16%
Revenue growth 5Y5.64%
Sales Q2Q%232.39%
3.2 Future
Based on estimates for the next years, DOV will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.28% on average per year.
DOV is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.57% yearly.
EPS Next Y22.39%
EPS Next 2Y20.94%
EPS Next 3Y14.28%
EPS Next 5YN/A
Revenue Next Year29.68%
Revenue Next 2Y14.2%
Revenue Next 3Y8.09%
Revenue Next 5Y4.57%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 6.84 indicates a rather cheap valuation of DOV.
Compared to the rest of the industry, the Price/Earnings ratio of DOV indicates a rather cheap valuation: DOV is cheaper than 88.64% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of DOV to the average of the S&P500 Index (25.91), we can say DOV is valued rather cheaply.
The Price/Forward Earnings ratio is 10.58, which indicates a very decent valuation of DOV.
75.00% of the companies in the same industry are more expensive than DOV, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.77, DOV is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.84 | ||
| Fwd PE | 10.58 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DOV indicates a somewhat cheap valuation: DOV is cheaper than 65.91% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, DOV is valued a bit cheaper than 61.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.99 | ||
| EV/EBITDA | 6.66 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as DOV's earnings are expected to grow with 14.28% in the coming years.
PEG (NY)0.31
PEG (5Y)N/A
EPS Next 2Y20.94%
EPS Next 3Y14.28%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 19.87%, DOV is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.97, DOV pays a better dividend. On top of this DOV pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, DOV pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 19.87% |
5.2 History
The dividend of DOV is nicely growing with an annual growth rate of 24.12%!
Dividend Growth(5Y)24.12%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
The earnings of DOV are negative and hence is the payout ratio. DOV will probably not be able to sustain this dividend level.
DOV's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP-2.83%
EPS Next 2Y20.94%
EPS Next 3Y14.28%
BIT:DOV (5/23/2025, 7:00:00 PM)
2.19
-0.1 (-4.2%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners14.88%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap416.41M
Analysts82.22
Price Target2.42 (10.5%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 19.87% |
Yearly Dividend1.16
Dividend Growth(5Y)24.12%
DP-2.83%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)1
Avg Revenue beat(2)2.77%
Min Revenue beat(2)-2.42%
Max Revenue beat(2)7.95%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
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)-1.76%
PT rev (3m)-3.76%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-9.89%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.84 | ||
| Fwd PE | 10.58 | ||
| P/S | 0.9 | ||
| P/FCF | 9.99 | ||
| P/OCF | 6.29 | ||
| P/B | 7.26 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.66 |
EPS(TTM)0.32
EY14.61%
EPS(NY)0.21
Fwd EY9.45%
FCF(TTM)0.22
FCFY10.01%
OCF(TTM)0.35
OCFY15.9%
SpS2.44
BVpS0.3
TBVpS-2.09
PEG (NY)0.31
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.38% | ||
| ROE | -23.06% | ||
| ROCE | 9.23% | ||
| ROIC | 6.61% | ||
| ROICexc | 7.88% | ||
| ROICexgc | 212.63% | ||
| OM | 10.71% | ||
| PM (TTM) | N/A | ||
| GM | 95.24% | ||
| FCFM | 9% |
ROA(3y)-0.06%
ROA(5y)-0.18%
ROE(3y)-7.29%
ROE(5y)-5.12%
ROIC(3y)7.15%
ROIC(5y)7.06%
ROICexc(3y)8.41%
ROICexc(5y)8.41%
ROICexgc(3y)42.5%
ROICexgc(5y)39.23%
ROCE(3y)9.64%
ROCE(5y)9.48%
ROICexcg growth 3Y-26.41%
ROICexcg growth 5Y-18.42%
ROICexc growth 3Y-24.1%
ROICexc growth 5Y-20.83%
OM growth 3Y-12.59%
OM growth 5Y-12.41%
PM growth 3Y-54.54%
PM growth 5Y-48.08%
GM growth 3Y0.1%
GM growth 5Y0.02%
F-Score6
Asset Turnover0.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.96 | ||
| Debt/FCF | 14.87 | ||
| Debt/EBITDA | 2.48 | ||
| Cap/Depr | 27.7% | ||
| Cap/Sales | 5.3% | ||
| Interest Coverage | 2.03 | ||
| Cash Conversion | 47.94% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.81 | ||
| Altman-Z | 0.87 |
F-Score6
WACC5.66%
ROIC/WACC1.17
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)119.81%
EPS 3Y-35.63%
EPS 5Y-30.12%
EPS Q2Q%104.75%
EPS Next Y22.39%
EPS Next 2Y20.94%
EPS Next 3Y14.28%
EPS Next 5YN/A
Revenue 1Y (TTM)66.11%
Revenue growth 3Y-5.16%
Revenue growth 5Y5.64%
Sales Q2Q%232.39%
Revenue Next Year29.68%
Revenue Next 2Y14.2%
Revenue Next 3Y8.09%
Revenue Next 5Y4.57%
EBIT growth 1Y-32.86%
EBIT growth 3Y-17.09%
EBIT growth 5Y-7.47%
EBIT Next Year194.92%
EBIT Next 3Y46.92%
EBIT Next 5Y27.89%
FCF growth 1Y224.68%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y82.63%
OCF growth 3YN/A
OCF growth 5YN/A