DLG Stock Analysis: De Longhi S.p.A. | MI
Furnishings, Fixtures & Appliances | MI, Italy | Market Cap: 5.583m EUR | 12M Return: 43.8% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 5.21M
Rev. Trend: 97.0%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
DeLonghi S.p.A. is an Italian-headquartered manufacturer and distributor of small domestic appliances, with a product portfolio spanning coffee machines, food preparation equipment, air conditioning, portable heaters, cleaning, and ironing devices. The company operates a multi-brand strategy, marketing its products under the DeLonghi, Kenwood, Braun, Ariete, Nutribullet, and Magic Bullet labels, and sells globally across Europe, the Americas, Asia Pacific, the Middle East, India, and Africa. Founded in 1974 and based in Treviso, DeLonghi operates as a subsidiary of DE Longhi Industrial S.A., and is listed on the Milan Stock Exchange under the ticker DLG within the Consumer Discretionary sector.
The household appliances industry in which DeLonghi competes is highly brand-driven and fragmented, where premium positioning and licensing of established labels (such as Braun and Kenwood) are commonly used to gain shelf space and consumer loyalty. Operating under a multi-brand portfolio allows the group to target distinct price points and product categories-from entry-level small appliances to premium espresso machines-while diversifying exposure to regional demand cycles.
- Espresso machine demand sustains premium margins
- EUR weakness lifts reported overseas revenue and earnings
- Braun brand recovery supports small appliance segment growth
| Net Income: 449.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.12 > 0.02 and ΔFCF/TA 4.48 > 1.0 |
| NWC/Revenue: 19.90% < 20% (prev 21.05%; Δ -1.16% < -1%) |
| CFO/TA 0.11 > 3% & CFO 457.4m > Net Income 449.0m |
| Net Debt (-849.7m) to EBITDA (788.9m): -1.08 < 3 |
| Current Ratio: 2.00 > 1.5 & < 3 |
| Outstanding Shares: last quarter (149.5m) vs 12m ago -0.51% < -2% |
| Gross Margin: 57.53% > 18% (prev 55.84%; Δ 1.69% > 0.5%) |
| Asset Turnover: 133.1% > 50% (prev 107.0%; Δ 26.09% > 0%) |
| Interest Coverage Ratio: 29.08 > 6 (EBIT TTM 658.8m / Interest Expense TTM 22.7m) |
| A: 0.27 (Total Current Assets 2.17b - Total Current Liabilities 1.08b) / Total Assets 4.09b |
| B: 0.45 (Retained Earnings 1.83b / Total Assets 4.09b) |
| C: 0.16 (EBIT TTM 658.8m / Avg Total Assets 4.10b) |
| D: 1.21 (Book Value of Equity 2.12b / Total Liabilities 1.76b) |
| Altman-Z'' = 5.54 = AAA |
| DSRI: 0.88 (Receivables 256.9m/236.0m, Revenue 5.46b/4.40b) |
| GMI: 0.97 (GM 55.84% / 57.53%) |
| AQI: 0.93 (AQ_t 0.34 / AQ_t-1 0.37) |
| SGI: 1.24 (Revenue 5.46b / 4.40b) |
| TATA: -0.00 (NI 449.0m - CFO 457.4m) / TA 4.09b) |
| Beneish M = -3.02 (Cap -4..+1) = AA |
As of July 17, 2026, the stock is trading at EUR 40.96 with a total of 395,720 shares traded. Over the past week, the price has changed by +9.11%, over one month by +7.11%, over three months by +23.83% and over the past year by +43.80%.
Current recommended Stop Loss: 38.50 (which is 6% or 2.5 ATR below the current price).
De Longhi S.p.A. has no consensus analysts rating.
P/E Trailing = 17.5421
P/E Forward = 16.835
P/S = 1.4666
P/B = 2.602
P/EG = 1.0197
Revenue TTM = 5.46b EUR
EBIT TTM = 658.8m EUR
EBITDA TTM = 788.9m EUR
Long Term Debt = 362.9m EUR (from longTermDebt, last fiscal year)
Short Term Debt = 264k EUR (from shortTermDebt, last fiscal year)
Debt = 94.4m EUR (Leases only: 94.4m)
Net Debt = -849.7m EUR (calculated: Debt 94.4m - CCE 944.1m)
Enterprise Value = 4.73b EUR (5.58b + Debt 94.4m - CCE 944.1m)
Interest Coverage Ratio = 29.08 (Ebit TTM 658.8m / Interest Expense TTM 22.7m)
EV/FCF = 9.39x (Enterprise Value 4.73b / FCF TTM 504.3m)
FCF Yield = 10.65% (FCF TTM 504.3m / Enterprise Value 4.73b)
FCF Margin = 9.24% (FCF TTM 504.3m / Revenue TTM 5.46b)
Net Margin = 8.23% (Net Income TTM 449.0m / Revenue TTM 5.46b)
Gross Margin = 57.53% ((Revenue TTM 5.46b - Cost of Revenue TTM 2.32b) / Revenue TTM)
Gross Margin QoQ = 53.41% (prev 57.47%)
Tobins Q-Ratio = 1.16 (Enterprise Value 4.73b / Total Assets 4.09b)
Interest Expense / Debt = 24.01% (Interest Expense 22.7m / Debt 94.4m)
Taxrate = 23.93% (154.3m / 644.6m)
NOPAT = 501.2m (EBIT 658.8m * (1 - 23.93%))
Current Ratio = 2.00 (Total Current Assets 2.17b / Total Current Liabilities 1.08b)
Debt / Equity = 0.04 (Debt 94.4m / totalStockholderEquity, last quarter 2.12b)
Debt / EBITDA = -1.08 (Net Debt -849.7m / EBITDA 788.9m)
Debt / FCF = -1.68 (Net Debt -849.7m / FCF TTM 504.3m)
Total Stockholder Equity = 1.96b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.95% (Net Income 449.0m / Total Assets 4.09b)
RoE = 22.88% (Net Income TTM 449.0m / Total Stockholder Equity 1.96b)
RoCE = 28.33% (EBIT 658.8m / Capital Employed (Equity 1.96b + L.T.Debt 362.9m))
RoIC = 18.34% (NOPAT 501.2m / Invested Capital 2.73b)
WACC = 9.31% (E(5.58b)/V(5.68b) * Re(9.16%) + D(94.4m)/V(5.68b) * Rd(24.01%) * (1-Tc(0.24)))
Discount Rate = 9.16% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 53.22 | Cagr: 0.25%
[DCF] Terminal Value 74.92% ; FCFF base≈431.6m ; Y1≈494.8m ; Y5≈728.2m
[DCF] Fair Price = 68.73 (EV 9.37b - Net Debt -849.7m = Equity 10.2b / Shares 148.7m; r=9.31% [WACC]; 5y FCF grow 15.0% → 2.50% )
Revenue Correlation: 97.03 | Revenue CAGR: 25.33% | SUE: 0.01 | # QB: 0
EPS current Year (2026-12-31): EPS=2.37 | Chg30d=-0.47% | Revisions=-12% | GrowthEPS=-3.4% | GrowthRev=+4.8%
EPS next Year (2027-12-31): EPS=2.56 | Chg30d=-0.34% | Revisions=-38% | GrowthEPS=+7.8% | GrowthRev=+5.8%
[Analyst] Revisions Ratio: -31% (up=3, down=7)