DOXEE SPA (DOX.MI) Stock Fundamental Analysis
Europe • Euronext Milan • BIT:DOX • IT0005394413
4.16 EUR
+0.17 (+4.26%)
Last: Jan 28, 2026, 07:00 PM
DOX gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 115 industry peers in the Software industry. DOX may be in some trouble as it scores bad on both profitability and health. DOX has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- DOX had negative earnings in the past year.
- DOX had a positive operating cash flow in the past year.
- In multiple years DOX reported negative net income over the last 5 years.
- Each year in the past 5 years DOX had a positive operating cash flow.
1.2 Ratios
- With a Return On Assets value of -2.85%, DOX is not doing good in the industry: 66.39% of the companies in the same industry are doing better.
- DOX's Return On Equity of -14.30% is on the low side compared to the rest of the industry. DOX is outperformed by 73.11% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 0.75%, DOX is in line with its industry, outperforming 46.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.85% | ||
| ROE | -14.3% | ||
| ROIC | 0.75% |
ROA(3y)-6.09%
ROA(5y)-1.79%
ROE(3y)-39%
ROE(5y)-17.38%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- Looking at the Operating Margin, with a value of 0.78%, DOX is in line with its industry, outperforming 47.06% of the companies in the same industry.
- DOX has a Gross Margin of 73.08%. This is comparable to the rest of the industry: DOX outperforms 47.06% of its industry peers.
- In the last couple of years the Gross Margin of DOX has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.78% | ||
| PM (TTM) | N/A | ||
| GM | 73.08% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.02%
GM growth 5Y0.72%
2. Health
2.1 Basic Checks
- DOX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- The number of shares outstanding for DOX has been increased compared to 1 year ago.
- Compared to 5 years ago, DOX has more shares outstanding
- DOX has a better debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 0.99, we must say that DOX is in the distress zone and has some risk of bankruptcy.
- DOX has a worse Altman-Z score (0.99) than 73.11% of its industry peers.
- The Debt to FCF ratio of DOX is 7.24, which is on the high side as it means it would take DOX, 7.24 years of fcf income to pay off all of its debts.
- DOX's Debt to FCF ratio of 7.24 is in line compared to the rest of the industry. DOX outperforms 43.70% of its industry peers.
- DOX has a Debt/Equity ratio of 1.02. This is a high value indicating a heavy dependency on external financing.
- DOX's Debt to Equity ratio of 1.02 is on the low side compared to the rest of the industry. DOX is outperformed by 80.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.02 | ||
| Debt/FCF | 7.24 | ||
| Altman-Z | 0.99 |
ROIC/WACC0.09
WACC8.54%
2.3 Liquidity
- DOX has a Current Ratio of 0.59. This is a bad value and indicates that DOX is not financially healthy enough and could expect problems in meeting its short term obligations.
- DOX's Current ratio of 0.59 is on the low side compared to the rest of the industry. DOX is outperformed by 89.08% of its industry peers.
- DOX has a Quick Ratio of 0.59. This is a bad value and indicates that DOX is not financially healthy enough and could expect problems in meeting its short term obligations.
- DOX has a Quick ratio of 0.59. This is amonst the worse of the industry: DOX underperforms 89.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.59 | ||
| Quick Ratio | 0.59 |
3. Growth
3.1 Past
- DOX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 75.05%, which is quite impressive.
- The Revenue has grown by 10.81% in the past year. This is quite good.
- Measured over the past years, DOX shows a quite strong growth in Revenue. The Revenue has been growing by 11.31% on average per year.
EPS 1Y (TTM)75.05%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%101.62%
Revenue 1Y (TTM)10.81%
Revenue growth 3Y8.28%
Revenue growth 5Y11.31%
Sales Q2Q%20.73%
3.2 Future
- The Earnings Per Share is expected to grow by 62.70% on average over the next years. This is a very strong growth
- DOX is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.40% yearly.
EPS Next Y105.88%
EPS Next 2Y62.7%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year10.63%
Revenue Next 2Y10.4%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- 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
- The Price/Earnings Ratio is negative for DOX. In the last year negative earnings were reported.
- Based on the Price/Forward Earnings ratio of 18.72, the valuation of DOX can be described as rather expensive.
- Based on the Price/Forward Earnings ratio, DOX is valued a bit cheaper than the industry average as 78.99% of the companies are valued more expensively.
- The average S&P500 Price/Forward Earnings ratio is at 25.57. DOX is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 18.72 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, DOX is valued a bit cheaper than 76.47% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, DOX is valued a bit cheaper than 79.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.76 | ||
| EV/EBITDA | 11.14 |
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.
- DOX's earnings are expected to grow with 62.70% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y62.7%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- DOX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
DOXEE SPA / DOX.MI FAQ
What is the ChartMill fundamental rating of DOXEE SPA (DOX.MI) stock?
ChartMill assigns a fundamental rating of 3 / 10 to DOX.MI.
What is the valuation status for DOX stock?
ChartMill assigns a valuation rating of 5 / 10 to DOXEE SPA (DOX.MI). This can be considered as Fairly Valued.
Can you provide the profitability details for DOXEE SPA?
DOXEE SPA (DOX.MI) has a profitability rating of 2 / 10.