(DLG) De Longhi S.p.A. - Overview
Sector: Consumer Cyclical | Industry: Furnishings, Fixtures & Appliances | Exchange: MI (Italy) | Market Cap: 5.247m EUR | Total Return: 27.2% in 12m
Avg Turnover: 6.36M
Rev. Trend: 97.0%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
DeLonghi S.p.A. (DLG) is an Italian manufacturer specializing in small domestic appliances, with a dominant market position in the espresso and coffee machine segment. The company operates a multi-brand strategy, utilizing well-known labels such as Kenwood, Braun, and Nutribullet to maintain a global distribution network across Europe, the Americas, and the Asia Pacific region.
The household appliance sector is characterized by high research and development requirements to maintain premium pricing through product innovation. DeLonghi’s business model focuses on the high-margin at-home coffee category, which benefits from recurring revenue through accessories and brand loyalty. For a deeper look into the companys financial health, consider reviewing the latest valuation metrics on ValueRay.
Headquartered in Treviso and operating as a subsidiary of DeLonghi Industrial S.A., the firm maintains a diverse portfolio that includes climate control and food preparation tools. This geographic and product diversification helps mitigate regional economic fluctuations and seasonal demand cycles inherent in the consumer electronics industry.
- High-margin fully automatic coffee machine sales dominate global revenue growth
- Integration of La Marzocco and Eversys expands professional segment market share
- Raw material costs and logistics expenses impact consolidated EBITDA margins
- European consumer discretionary spending levels dictate core small appliance demand
- Strategic marketing investment in premium branding drives household penetration rates
| 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: 16.50% < 20% (prev 21.05%; Δ -4.55% < -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: 1.71 > 1.5 & < 3 |
| Outstanding Shares: last quarter (149.5m) vs 12m ago -0.51% < -2% |
| Gross Margin: 57.53% > 18% (prev 0.56%; Δ 5.70k% > 0.5%) |
| Asset Turnover: 133.1% > 50% (prev 107.0%; Δ 26.09% > 0%) |
| Interest Coverage Ratio: 29.08 > 6 (EBITDA TTM 788.9m / Interest Expense TTM 22.7m) |
| A: 0.22 (Total Current Assets 2.17b - Total Current Liabilities 1.27b) / 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: 1.17 (Book Value of Equity 2.05b / Total Liabilities 1.76b) |
| Altman-Z'' = 5.21 = AAA |
| DSRI: 0.88 (Receivables 256.9m/236.0m, Revenue 5.46b/4.40b) |
| GMI: 0.97 (GM 57.53% / 55.84%) |
| 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 = -3.03 (Cap -4..+1) = AA |
As of May 31, 2026, the stock is trading at EUR 35.68 with a total of 249,682 shares traded.
Over the past week, the price has changed by +1.65%,
over one month by +8.51%,
over three months by -6.30% and
over the past year by +27.24%.
De Longhi S.p.A. has no consensus analysts rating.
P/E Trailing = 16.4393
P/E Forward = 16.835
P/S = 1.3785
P/B = 2.4844
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 = 4.40b EUR (5.25b + Debt 94.4m - CCE 944.1m)
Interest Coverage Ratio = 29.08 (Ebit TTM 658.8m / Interest Expense TTM 22.7m)
EV/FCF = 8.72x (Enterprise Value 4.40b / FCF TTM 504.3m)
FCF Yield = 11.47% (FCF TTM 504.3m / Enterprise Value 4.40b)
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 = 1.08 (Enterprise Value 4.40b / Total Assets 4.09b)
Interest Expense / Debt = 24.01% (Interest Expense 22.7m / Debt 94.4m)
Taxrate = 23.92% (22.6m / 94.5m)
NOPAT = 501.3m (EBIT 658.8m * (1 - 23.92%))
Current Ratio = 1.71 (Total Current Assets 2.17b / Total Current Liabilities 1.27b)
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 = 10.24% (NOPAT 501.3m / Invested Capital 4.90b)
WACC = 9.52% (E(5.25b)/V(5.34b) * Re(9.36%) + D(94.4m)/V(5.34b) * Rd(24.01%) * (1-Tc(0.24)))
Discount Rate = 9.36% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 52.70 | Cagr: 0.25%
[DCF] Terminal Value 74.29% ; FCFF base≈431.6m ; Y1≈494.8m ; Y5≈728.2m
[DCF] Fair Price = 66.63 (EV 9.09b - Net Debt -849.7m = Equity 9.94b / Shares 149.2m; r=9.52% [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=2.38 | Chg30d=-1.04% | Revisions=-11% | GrowthEPS=+0.0% | GrowthRev=+4.8%
EPS next Year (2027-12-31): EPS=2.57 | Chg30d=-1.31% | Revisions=-33% | GrowthEPS=+7.7% | GrowthRev=+5.8%
[Analyst] Revisions Ratio: -33%