View ValuationDBA Group 将来の成長Future 基準チェック /16DBA Group収益と収益がそれぞれ年間4.5%と4%増加すると予測されています。主要情報4.5%収益成長率n/aEPS成長率IT 収益成長7.9%収益成長率4.0%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日10 Jun 2026今後の成長に関する最新情報Price Target Changed • Dec 11Price target increased by 11% to €5.60Up from €5.03, the current price target is an average from 2 analysts. New target price is 37% above last closing price of €4.09. Stock is up 40% over the past year. The company is forecast to post earnings per share of €0.57 for next year compared to €0.28 last year.Major Estimate Revision • Nov 02Consensus EPS estimates increase by 33%The consensus outlook for fiscal year 2025 has been updated. 2025 consensus EPS increased from €0.43 to €0.57. Revenues were reaffirmed at €125.0m. Net income forecast to grow 60% next year vs 60% growth forecast for IT industry in Italy. Consensus price target up from €5.03 to €5.20. Share price was steady at €4.31 over the past week.Price Target Changed • Oct 06Price target increased by 12% to €5.03Up from €4.48, the current price target is an average from 3 analysts. New target price is 19% above last closing price of €4.22. Stock is up 64% over the past year. The company is forecast to post earnings per share of €0.52 for next year compared to €0.28 last year.Price Target Changed • Jun 03Price target increased by 9.3% to €4.70Up from €4.30, the current price target is an average from 2 analysts. New target price is 19% above last closing price of €3.96. Stock is up 30% over the past year. The company is forecast to post earnings per share of €0.52 for next year compared to €0.28 last year.Major Estimate Revision • May 14Consensus EPS estimates increase by 20%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from €124.4m to €126.9m. EPS estimate increased from €0.435 to €0.52 per share. Net income forecast to grow 91% next year vs 70% growth forecast for IT industry in Italy. Consensus price target up from €4.30 to €4.48. Share price was steady at €4.01 over the past week.Major Estimate Revision • Nov 01Consensus EPS estimates increase by 26%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from €0.38 to €0.48. Revenue forecast steady at €115.1m. Net income forecast to grow 66% next year vs 35% growth forecast for IT industry in Italy. Consensus price target of €3.95 unchanged from last update. Share price was steady at €2.63 over the past week.すべての更新を表示Recent updatesReported Earnings • Jun 02Full year 2025 earnings releasedFull year 2025 results: Revenue: €129.6m (up 11% from FY 2024). Net income: €4.88m (up 61% from FY 2024). Profit margin: 3.8% (up from 2.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the IT industry in Italy.Buy Or Sell Opportunity • May 29Now 28% overvalued after recent price riseOver the last 90 days, the stock has risen 15% to €4.60. The fair value is estimated to be €3.60, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €4.24, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the IT industry in Italy. Total returns to shareholders of 190% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.89 per share.New Risk • Apr 19New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (€38.7m market cap, or US$45.5m).Price Target Changed • Dec 11Price target increased by 11% to €5.60Up from €5.03, the current price target is an average from 2 analysts. New target price is 37% above last closing price of €4.09. Stock is up 40% over the past year. The company is forecast to post earnings per share of €0.57 for next year compared to €0.28 last year.Major Estimate Revision • Nov 02Consensus EPS estimates increase by 33%The consensus outlook for fiscal year 2025 has been updated. 2025 consensus EPS increased from €0.43 to €0.57. Revenues were reaffirmed at €125.0m. Net income forecast to grow 60% next year vs 60% growth forecast for IT industry in Italy. Consensus price target up from €5.03 to €5.20. Share price was steady at €4.31 over the past week.Price Target Changed • Oct 06Price target increased by 12% to €5.03Up from €4.48, the current price target is an average from 3 analysts. New target price is 19% above last closing price of €4.22. Stock is up 64% over the past year. The company is forecast to post earnings per share of €0.52 for next year compared to €0.28 last year.Price Target Changed • Jun 03Price target increased by 9.3% to €4.70Up from €4.30, the current price target is an average from 2 analysts. New target price is 19% above last closing price of €3.96. Stock is up 30% over the past year. The company is forecast to post earnings per share of €0.52 for next year compared to €0.28 last year.お知らせ • May 20Telelink Business Services Group AD (BUL:TBS) reached an agreement on the substantial contractual terms and conditions to acquire 70% stake in Actual I.T., d.d. from DBA Group S.p.A. (BIT:DBA) and DBA d.o.o. for €15.8 million.Telelink Business Services Group AD (BUL:TBS) reached an agreement on the substantial contractual terms and conditions to acquire 70% stake in Actual I.T., d.d. from DBA Group S.p.A. (BIT:DBA) and DBA d.o.o. for €15.8 million on May 19, 2025. Telelink Business Services Group AD will acquire 33.56% or 0.68 million shares from DBA Group S.p.A. and 36.44% or 0.74 million shares from DBA d.o.o. Upon completion, DBA d.o.o. will retain the remaining 30% stake. The transaction also includes the call and put options to acquire the remaining 30% stake exercisable by either party following the third year after closing. All terms and conditions agreed between the parties shall become effective solely upon the signing of the Share Purchase Agreement and its formal notarization before a notary public in Slovenia. These formalities are expected to be completed by the end of May 2025. The completion of the transaction remains conditional upon the fulfilment of certain conditions precedent, including, inter alia, the receipt of the required approvals from the competent antitrust authorities and approval from the shareholders of Telelink Business Services Group AD. Provided that all such conditions precedent, as stipulated in the Share Purchase Agreement, are duly satisfied, the closing of the transaction is anticipated to occur by the end of 2025. The transaction has been approved the board of directors of DBA Group S.p.A.Major Estimate Revision • May 14Consensus EPS estimates increase by 20%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from €124.4m to €126.9m. EPS estimate increased from €0.435 to €0.52 per share. Net income forecast to grow 91% next year vs 70% growth forecast for IT industry in Italy. Consensus price target up from €4.30 to €4.48. Share price was steady at €4.01 over the past week.Upcoming Dividend • May 12Upcoming dividend of €0.13 per shareEligible shareholders must have bought the stock before 19 May 2025. Payment date: 21 May 2025. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Italian dividend payers (5.5%). Higher than average of industry peers (0.9%).Reported Earnings • Apr 20Full year 2024 earnings releasedFull year 2024 results: Revenue: €117.2m (up 2.1% from FY 2023). Net income: €3.04m (down 25% from FY 2023). Profit margin: 2.6% (down from 3.5% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the IT industry in Italy.New Risk • Apr 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.0% per year for the foreseeable future. Minor Risks High level of debt (46% net debt to equity). Market cap is less than US$100m (€42.6m market cap, or US$48.6m).お知らせ • Apr 19Mare Engineering Group S.p.A. (BIT:MARE) acquired 10.29% stake in DBA Group S.p.A. (BIT:DBA) for €4.5 million.Mare Engineering Group S.p.A. (BIT:MARE) acquired 10.29% stake in DBA Group S.p.A. (BIT:DBA) for €4.5 million on April 17, 2025. A cash consideration of €4.5 million will be paid by Mare Engineering Group S.p.A. As part of consideration, €4.5 million is paid towards common equity of DBA Group S.p.A. As part of acquisition, 1,185,000 shares were acquired. Mare Engineering Group S.p.A. (BIT:MARE) completed the acquisition of 10.29% stake in DBA Group S.p.A. (BIT:DBA) on April 17, 2025.分析記事 • Apr 18DBA Group (BIT:DBA) Is Increasing Its Dividend To €0.13DBA Group S.p.A.'s ( BIT:DBA ) periodic dividend will be increasing on the 21st of May to €0.13, with investors...お知らせ • Apr 14DBA Group S.p.A., Annual General Meeting, Apr 30, 2025DBA Group S.p.A., Annual General Meeting, Apr 30, 2025, at 10:00 W. Europe Standard Time.分析記事 • Apr 04DBA Group's (BIT:DBA) Dividend Will Be Increased To €0.13DBA Group S.p.A.'s ( BIT:DBA ) periodic dividend will be increasing on the 21st of May to €0.13, with investors...Buy Or Sell Opportunity • Apr 03Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 26% to €3.70. The fair value is estimated to be €3.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 8.3% in 2 years. Earnings are forecast to grow by 70% in the next 2 years.お知らせ • Apr 02DBA Group S.p.A. announces Annual dividend, payable on May 21, 2025DBA Group S.p.A. announced Annual dividend of EUR 0.1300 per share payable on May 21, 2025, ex-date on May 19, 2025 and record date on May 20, 2025.分析記事 • Mar 20The Market Lifts DBA Group S.p.A. (BIT:DBA) Shares 26% But It Can Do MoreDBA Group S.p.A. ( BIT:DBA ) shareholders would be excited to see that the share price has had a great month, posting a...分析記事 • Dec 05Fewer Investors Than Expected Jumping On DBA Group S.p.A. (BIT:DBA)DBA Group S.p.A.'s ( BIT:DBA ) price-to-earnings (or "P/E") ratio of 10.2x might make it look like a buy right now...Major Estimate Revision • Nov 01Consensus EPS estimates increase by 26%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from €0.38 to €0.48. Revenue forecast steady at €115.1m. Net income forecast to grow 66% next year vs 35% growth forecast for IT industry in Italy. Consensus price target of €3.95 unchanged from last update. Share price was steady at €2.63 over the past week.分析記事 • Oct 03We Think DBA Group (BIT:DBA) Can Stay On Top Of Its DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Oct 02First half 2024 earnings released: EPS: €0.14 (vs €0.23 in 1H 2023)First half 2024 results: EPS: €0.14 (down from €0.23 in 1H 2023). Revenue: €52.1m (up 7.7% from 1H 2023). Net income: €1.55m (down 39% from 1H 2023). Profit margin: 3.0% (down from 5.2% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the IT industry in Italy. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.New Risk • Oct 02New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 46% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (46% net debt to equity). Short dividend paying track record (less than a year of continuous dividend payments). Market cap is less than US$100m (€32.3m market cap, or US$35.8m).New Risk • Aug 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 6.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (6.7% average weekly change). Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Market cap is less than US$100m (€32.0m market cap, or US$34.9m).New Risk • May 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (€37.3m market cap, or US$40.5m).Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €3.35, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 20x in the IT industry in Italy. Total returns to shareholders of 171% over the past three years.分析記事 • May 21DBA Group S.p.A. (BIT:DBA) Stock Catapults 28% Though Its Price And Business Still Lag The MarketDespite an already strong run, DBA Group S.p.A. ( BIT:DBA ) shares have been powering on, with a gain of 28% in the...Valuation Update With 7 Day Price Move • May 13Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €2.56, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 20x in the IT industry in Italy. Total returns to shareholders of 109% over the past three years.Reported Earnings • Apr 17Full year 2023 earnings releasedFull year 2023 results: Revenue: €114.8m (up 36% from FY 2022). Net income: €4.05m (up €3.43m from FY 2022). Profit margin: 3.5% (up from 0.7% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 10% growth forecast for the IT industry in Italy.New Risk • Apr 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (30% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (€25.3m market cap, or US$26.9m).Valuation Update With 7 Day Price Move • Apr 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €2.09, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 16x in the IT industry in Italy. Total returns to shareholders of 105% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.48 per share.分析記事 • Mar 30Improved Earnings Required Before DBA Group S.p.A. (BIT:DBA) Shares Find Their FeetDBA Group S.p.A.'s ( BIT:DBA ) price-to-earnings (or "P/E") ratio of 6.6x might make it look like a strong buy right...Buy Or Sell Opportunity • Feb 09Now 21% undervaluedOver the last 90 days, the stock has risen 7.8% to €1.86. The fair value is estimated to be €2.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 3.4% in the next 2 years.Buying Opportunity • Nov 30Now 22% undervaluedOver the last 90 days, the stock is up 2.9%. The fair value is estimated to be €2.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 16% in 2 years. Earnings is forecast to grow by 3.4% in the next 2 years.分析記事 • Oct 07DBA Group's (BIT:DBA) Solid Profits Have Weak FundamentalsUnsurprisingly, DBA Group S.p.A.'s ( BIT:DBA ) stock price was strong on the back of its healthy earnings report...New Risk • Oct 01New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 30% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (30% accrual ratio). Minor Risk Market cap is less than US$100m (€20.4m market cap, or US$21.6m).Price Target Changed • Sep 19Price target increased by 18% to €3.30Up from €2.80, the current price target is provided by 1 analyst. New target price is 97% above last closing price of €1.68. Stock is up 3.1% over the past year.Buying Opportunity • Aug 24Now 22% undervaluedOver the last 90 days, the stock is up 5.8%. The fair value is estimated to be €2.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 8.8% per annum. Earnings is also forecast to grow by 39% per annum over the same time period.New Risk • Aug 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 4.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (4.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€20.2m market cap, or US$22.0m).Major Estimate Revision • Jun 23Consensus EPS estimates increase by 16%, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from €102.7m to €101.7m. EPS estimate rose from €0.22 to €0.255. Net income forecast to grow 378% next year vs 94% growth forecast for IT industry in Italy. Consensus price target of €2.90 unchanged from last update. Share price was steady at €1.82 over the past week.分析記事 • Jun 08DBA Group S.p.A. (BIT:DBA) Shares Could Be 42% Below Their Intrinsic Value EstimateKey Insights The projected fair value for DBA Group is €3.14 based on 2 Stage Free Cash Flow to Equity Current share...Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €1.83, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 17x in the IT industry in Italy. Total returns to shareholders of 58% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.02 per share.お知らせ • Dec 29+ 1 more updateDBA Group S.p.A., Annual General Meeting, Apr 26, 2023DBA Group S.p.A., Annual General Meeting, Apr 26, 2023.お知らせ • Dec 23DBA Group S.p.A. (BIT:DBA) agreed to acquire General Planning S.R.L.DBA Group S.p.A. (BIT:DBA) agreed to acquire General Planning S.R.L. on December 21, 2022. The transaction is expected to close on January 1, 2023.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Chairman of the Board of Statutory Auditors Nadia Prevedello was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 04First half 2022 earnings released: EPS: €0 (vs €0.19 loss in 1H 2021)First half 2022 results: EPS: €0 (improved from €0.19 loss in 1H 2021). Revenue: €36.3m (up 16% from 1H 2021). Net loss: €283.0k (loss narrowed 87% from 1H 2021). Revenue is expected to decline by 25% p.a. on average during the next 3 years, while revenues in the IT industry in Italy are expected to grow by 8.0%.Reported Earnings • Jun 15Full year 2021 earnings releasedFull year 2021 results: Revenue: €79.7m (up 13% from FY 2020). Net loss: €719.5k (loss narrowed 41% from FY 2020). Over the next year, revenue is forecast to grow 4.9%, compared to a 14% growth forecast for the industry in Italy.Price Target Changed • Apr 27Price target increased to €2.87Up from €2.11, the current price target is an average from 2 analysts. New target price is 78% above last closing price of €1.62. Stock is up 44% over the past year. The company is forecast to post earnings per share of €0.04 next year compared to a net loss per share of €0.11 last year.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Chairman of the Board of Statutory Auditors Nadia Prevedello was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Mar 29Telekom Slovenije, d.d. (LJSE:TLSG) agreed to acquire Actual I.T., d.d. from DBA Group S.p.A. (BIT:DBA) for €20.6 million.Telekom Slovenije, d.d. (LJSE:TLSG) agreed to acquire Actual I.T., d.d. from DBA Group S.p.A. (BIT:DBA) for €20.6 million on March 28, 2022. The transaction is expected to be completed within six months. Fineurop Soditic acted as exclusive financial advisor to DBA Group S.p.A.分析記事 • Mar 15At €1.54, Is It Time To Put DBA Group S.p.A. (BIT:DBA) On Your Watch List?While DBA Group S.p.A. ( BIT:DBA ) might not be the most widely known stock at the moment, it saw a double-digit share...お知らせ • Feb 25+ 2 more updatesDBA Group S.p.A. to Report Fiscal Year 2021 Results on Feb 25, 2022DBA Group S.p.A. announced that they will report fiscal year 2021 results on Feb 25, 2022Buying Opportunity • Feb 24Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be €1.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% per annum over the last 3 years. The company became loss making over the last 3 years.Buying Opportunity • Feb 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be €1.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% per annum over the last 3 years. The company became loss making over the last 3 years.分析記事 • Jan 08Is There An Opportunity With DBA Group S.p.A.'s (BIT:DBA) 22% Undervaluation?How far off is DBA Group S.p.A. ( BIT:DBA ) from its intrinsic value? Using the most recent financial data, we'll take...分析記事 • Oct 04Is DBA Group (BIT:DBA) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Reported Earnings • Oct 01First half 2021 earnings releasedThe company reported a solid first half result with improved revenues and control over costs, although losses increased. First half 2021 results: Revenue: €31.4m (up 12% from 1H 2020). Net loss: €2.17m (loss widened 2.7% from 1H 2020).お知らせ • Oct 01DBA in Talks to Sell Slovenia's Actual IT to Telekom SlovenijeItalian diversified holding DBA Group S.p.A. (BIT:DBA) said it is in talks for the sale of its Slovenian subsidiary Actual I.T., d.d. to state-controlled Telekom Slovenije, d.d. (LJSE:TLSG). "Negotiations have begun with Telekom Slovenije and at present no agreement has been reached, nor has any contract with binding content been signed," DBA Group said in a filing with the Italian Stock Exchange on September 27, 2021. The negotiations with Telekom Slovenije were held in the context of the assessments related to the enhancement of the group's activities abroad, DBA Group said. On September 25, 2021, Slovenian daily Dnevnik reported that Telekom Slovenije considers the purchase of Actual IT from DBA Group and its supervisory board will discuss the issue on September 27, 2021. "I can only say that we had a very long discussion at the last meeting of the supervisory board and that there were questions. On September 27, 2021, we will continue, and I expect concrete answers from the experts who participated in this procedure. The supervisory board must be 100% sure about what it is deciding, and it must have answers to all questions," Dnevnik quoted Iztok Cernosa, chairman of Telekom Slovenije's supervisory board, as saying.Price Target Changed • Jun 08Price target increased to €1.88Up from €1.53, the current price target is an average from 2 analysts. New target price is 33% above last closing price of €1.41. Stock is up 14% over the past year.分析記事 • Jun 01DBA Group S.p.A.'s (BIT:DBA) Intrinsic Value Is Potentially 34% Above Its Share PriceDoes the June share price for DBA Group S.p.A. ( BIT:DBA ) reflect what it's really worth? Today, we will estimate the...分析記事 • Apr 08Why DBA Group S.p.A. (BIT:DBA) Could Be Worth WatchingDBA Group S.p.A. ( BIT:DBA ), might not be a large cap stock, but it saw a significant share price rise of over 20% in...Is New 90 Day High Low • Feb 18New 90-day high: €0.94The company is up 28% from its price of €0.73 on 19 November 2020. The Italian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.11 per share.分析記事 • Feb 15A Look At The Fair Value Of DBA Group S.p.A. (BIT:DBA)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of DBA Group S.p.A...分析記事 • Dec 24Is DBA Group S.p.A. (BIT:DBA) Potentially Undervalued?DBA Group S.p.A. ( BIT:DBA ), is not the largest company out there, but it saw a significant share price rise of over...分析記事 • Nov 19Health Check: How Prudently Does DBA Group (BIT:DBA) Use Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Is New 90 Day High Low • Oct 29New 90-day low: €0.70The company is down 33% from its price of €1.05 on 30 July 2020. The Italian market is down 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.74 per share.Is New 90 Day High Low • Oct 08New 90-day low: €0.87The company is down 17% from its price of €1.05 on 09 July 2020. The Italian market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.76 per share.Reported Earnings • Oct 01First half earnings releasedOver the last 12 months the company has reported total losses of €3.21m, with losses widening by 144% from the prior year. Total revenue was €65.6m over the last 12 months, up 35% from the prior year.Is New 90 Day High Low • Sep 22New 90-day low: €1.00The company is down 8.0% from its price of €1.09 on 24 June 2020. The Italian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.64 per share.業績と収益の成長予測BIT:DBA - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20281466510112/31/20271416510112/31/2026135537112/31/20251305613N/A9/30/20251244612N/A6/30/20251193511N/A3/31/2025118349N/A12/31/2024117338N/A9/30/2024118348N/A6/30/2024119359N/A3/31/2024117437N/A12/31/2023115426N/A9/30/20231064-22N/A6/30/2023973-6-2N/A3/31/2023912-40N/A12/31/2022851-12N/A9/30/202284115N/A6/30/202284147N/A3/31/202282058N/A12/31/202179-159N/A9/30/202176-125N/A6/30/202173-1-21N/A3/31/202172-1-21N/A12/31/202070-1-11N/A9/30/202068-213N/A6/30/202066-335N/A3/31/202063-324N/A12/31/201959-313N/A9/30/201954-2N/A2N/A6/30/201948-1N/A0N/A3/31/201949-1N/A-1N/A12/31/2018490N/A-2N/A9/30/2018490N/A-2N/A6/30/2018481N/A-3N/A3/31/2018471N/A-3N/A12/31/2017451N/A-2N/A9/30/201741-2N/A0N/A6/30/201737-4N/A3N/A3/31/201739-1N/A5N/A12/31/2016411N/A7N/A9/30/2016432N/AN/AN/A6/30/2016443N/AN/AN/A3/31/2016422N/AN/AN/A12/31/2015400N/A5N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: DBAの予測収益成長率 (年間4.5% ) は 貯蓄率 ( 3.3% ) を上回っています。収益対市場: DBAの収益 ( 4.5% ) Italian市場 ( 11.2% ) よりも低い成長が予測されています。高成長収益: DBAの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: DBAの収益 ( 4% ) Italian市場 ( 5.8% ) よりも低い成長が予測されています。高い収益成長: DBAの収益 ( 4% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: DBAの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YSoftware 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/10 07:55終値2026/06/10 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋DBA Group S.p.A. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Viviana SepeEnVent Capital Markets LimitedDomenico GhilottiEquita SIM S.p.A.Milo SilvestreEquita SIM S.p.A.
Price Target Changed • Dec 11Price target increased by 11% to €5.60Up from €5.03, the current price target is an average from 2 analysts. New target price is 37% above last closing price of €4.09. Stock is up 40% over the past year. The company is forecast to post earnings per share of €0.57 for next year compared to €0.28 last year.
Major Estimate Revision • Nov 02Consensus EPS estimates increase by 33%The consensus outlook for fiscal year 2025 has been updated. 2025 consensus EPS increased from €0.43 to €0.57. Revenues were reaffirmed at €125.0m. Net income forecast to grow 60% next year vs 60% growth forecast for IT industry in Italy. Consensus price target up from €5.03 to €5.20. Share price was steady at €4.31 over the past week.
Price Target Changed • Oct 06Price target increased by 12% to €5.03Up from €4.48, the current price target is an average from 3 analysts. New target price is 19% above last closing price of €4.22. Stock is up 64% over the past year. The company is forecast to post earnings per share of €0.52 for next year compared to €0.28 last year.
Price Target Changed • Jun 03Price target increased by 9.3% to €4.70Up from €4.30, the current price target is an average from 2 analysts. New target price is 19% above last closing price of €3.96. Stock is up 30% over the past year. The company is forecast to post earnings per share of €0.52 for next year compared to €0.28 last year.
Major Estimate Revision • May 14Consensus EPS estimates increase by 20%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from €124.4m to €126.9m. EPS estimate increased from €0.435 to €0.52 per share. Net income forecast to grow 91% next year vs 70% growth forecast for IT industry in Italy. Consensus price target up from €4.30 to €4.48. Share price was steady at €4.01 over the past week.
Major Estimate Revision • Nov 01Consensus EPS estimates increase by 26%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from €0.38 to €0.48. Revenue forecast steady at €115.1m. Net income forecast to grow 66% next year vs 35% growth forecast for IT industry in Italy. Consensus price target of €3.95 unchanged from last update. Share price was steady at €2.63 over the past week.
Reported Earnings • Jun 02Full year 2025 earnings releasedFull year 2025 results: Revenue: €129.6m (up 11% from FY 2024). Net income: €4.88m (up 61% from FY 2024). Profit margin: 3.8% (up from 2.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the IT industry in Italy.
Buy Or Sell Opportunity • May 29Now 28% overvalued after recent price riseOver the last 90 days, the stock has risen 15% to €4.60. The fair value is estimated to be €3.60, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.
Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €4.24, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the IT industry in Italy. Total returns to shareholders of 190% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.89 per share.
New Risk • Apr 19New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (€38.7m market cap, or US$45.5m).
Price Target Changed • Dec 11Price target increased by 11% to €5.60Up from €5.03, the current price target is an average from 2 analysts. New target price is 37% above last closing price of €4.09. Stock is up 40% over the past year. The company is forecast to post earnings per share of €0.57 for next year compared to €0.28 last year.
Major Estimate Revision • Nov 02Consensus EPS estimates increase by 33%The consensus outlook for fiscal year 2025 has been updated. 2025 consensus EPS increased from €0.43 to €0.57. Revenues were reaffirmed at €125.0m. Net income forecast to grow 60% next year vs 60% growth forecast for IT industry in Italy. Consensus price target up from €5.03 to €5.20. Share price was steady at €4.31 over the past week.
Price Target Changed • Oct 06Price target increased by 12% to €5.03Up from €4.48, the current price target is an average from 3 analysts. New target price is 19% above last closing price of €4.22. Stock is up 64% over the past year. The company is forecast to post earnings per share of €0.52 for next year compared to €0.28 last year.
Price Target Changed • Jun 03Price target increased by 9.3% to €4.70Up from €4.30, the current price target is an average from 2 analysts. New target price is 19% above last closing price of €3.96. Stock is up 30% over the past year. The company is forecast to post earnings per share of €0.52 for next year compared to €0.28 last year.
お知らせ • May 20Telelink Business Services Group AD (BUL:TBS) reached an agreement on the substantial contractual terms and conditions to acquire 70% stake in Actual I.T., d.d. from DBA Group S.p.A. (BIT:DBA) and DBA d.o.o. for €15.8 million.Telelink Business Services Group AD (BUL:TBS) reached an agreement on the substantial contractual terms and conditions to acquire 70% stake in Actual I.T., d.d. from DBA Group S.p.A. (BIT:DBA) and DBA d.o.o. for €15.8 million on May 19, 2025. Telelink Business Services Group AD will acquire 33.56% or 0.68 million shares from DBA Group S.p.A. and 36.44% or 0.74 million shares from DBA d.o.o. Upon completion, DBA d.o.o. will retain the remaining 30% stake. The transaction also includes the call and put options to acquire the remaining 30% stake exercisable by either party following the third year after closing. All terms and conditions agreed between the parties shall become effective solely upon the signing of the Share Purchase Agreement and its formal notarization before a notary public in Slovenia. These formalities are expected to be completed by the end of May 2025. The completion of the transaction remains conditional upon the fulfilment of certain conditions precedent, including, inter alia, the receipt of the required approvals from the competent antitrust authorities and approval from the shareholders of Telelink Business Services Group AD. Provided that all such conditions precedent, as stipulated in the Share Purchase Agreement, are duly satisfied, the closing of the transaction is anticipated to occur by the end of 2025. The transaction has been approved the board of directors of DBA Group S.p.A.
Major Estimate Revision • May 14Consensus EPS estimates increase by 20%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from €124.4m to €126.9m. EPS estimate increased from €0.435 to €0.52 per share. Net income forecast to grow 91% next year vs 70% growth forecast for IT industry in Italy. Consensus price target up from €4.30 to €4.48. Share price was steady at €4.01 over the past week.
Upcoming Dividend • May 12Upcoming dividend of €0.13 per shareEligible shareholders must have bought the stock before 19 May 2025. Payment date: 21 May 2025. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Italian dividend payers (5.5%). Higher than average of industry peers (0.9%).
Reported Earnings • Apr 20Full year 2024 earnings releasedFull year 2024 results: Revenue: €117.2m (up 2.1% from FY 2023). Net income: €3.04m (down 25% from FY 2023). Profit margin: 2.6% (down from 3.5% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the IT industry in Italy.
New Risk • Apr 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.0% per year for the foreseeable future. Minor Risks High level of debt (46% net debt to equity). Market cap is less than US$100m (€42.6m market cap, or US$48.6m).
お知らせ • Apr 19Mare Engineering Group S.p.A. (BIT:MARE) acquired 10.29% stake in DBA Group S.p.A. (BIT:DBA) for €4.5 million.Mare Engineering Group S.p.A. (BIT:MARE) acquired 10.29% stake in DBA Group S.p.A. (BIT:DBA) for €4.5 million on April 17, 2025. A cash consideration of €4.5 million will be paid by Mare Engineering Group S.p.A. As part of consideration, €4.5 million is paid towards common equity of DBA Group S.p.A. As part of acquisition, 1,185,000 shares were acquired. Mare Engineering Group S.p.A. (BIT:MARE) completed the acquisition of 10.29% stake in DBA Group S.p.A. (BIT:DBA) on April 17, 2025.
分析記事 • Apr 18DBA Group (BIT:DBA) Is Increasing Its Dividend To €0.13DBA Group S.p.A.'s ( BIT:DBA ) periodic dividend will be increasing on the 21st of May to €0.13, with investors...
お知らせ • Apr 14DBA Group S.p.A., Annual General Meeting, Apr 30, 2025DBA Group S.p.A., Annual General Meeting, Apr 30, 2025, at 10:00 W. Europe Standard Time.
分析記事 • Apr 04DBA Group's (BIT:DBA) Dividend Will Be Increased To €0.13DBA Group S.p.A.'s ( BIT:DBA ) periodic dividend will be increasing on the 21st of May to €0.13, with investors...
Buy Or Sell Opportunity • Apr 03Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 26% to €3.70. The fair value is estimated to be €3.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 8.3% in 2 years. Earnings are forecast to grow by 70% in the next 2 years.
お知らせ • Apr 02DBA Group S.p.A. announces Annual dividend, payable on May 21, 2025DBA Group S.p.A. announced Annual dividend of EUR 0.1300 per share payable on May 21, 2025, ex-date on May 19, 2025 and record date on May 20, 2025.
分析記事 • Mar 20The Market Lifts DBA Group S.p.A. (BIT:DBA) Shares 26% But It Can Do MoreDBA Group S.p.A. ( BIT:DBA ) shareholders would be excited to see that the share price has had a great month, posting a...
分析記事 • Dec 05Fewer Investors Than Expected Jumping On DBA Group S.p.A. (BIT:DBA)DBA Group S.p.A.'s ( BIT:DBA ) price-to-earnings (or "P/E") ratio of 10.2x might make it look like a buy right now...
Major Estimate Revision • Nov 01Consensus EPS estimates increase by 26%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from €0.38 to €0.48. Revenue forecast steady at €115.1m. Net income forecast to grow 66% next year vs 35% growth forecast for IT industry in Italy. Consensus price target of €3.95 unchanged from last update. Share price was steady at €2.63 over the past week.
分析記事 • Oct 03We Think DBA Group (BIT:DBA) Can Stay On Top Of Its DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Oct 02First half 2024 earnings released: EPS: €0.14 (vs €0.23 in 1H 2023)First half 2024 results: EPS: €0.14 (down from €0.23 in 1H 2023). Revenue: €52.1m (up 7.7% from 1H 2023). Net income: €1.55m (down 39% from 1H 2023). Profit margin: 3.0% (down from 5.2% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the IT industry in Italy. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
New Risk • Oct 02New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 46% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (46% net debt to equity). Short dividend paying track record (less than a year of continuous dividend payments). Market cap is less than US$100m (€32.3m market cap, or US$35.8m).
New Risk • Aug 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 6.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (6.7% average weekly change). Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Market cap is less than US$100m (€32.0m market cap, or US$34.9m).
New Risk • May 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (€37.3m market cap, or US$40.5m).
Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €3.35, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 20x in the IT industry in Italy. Total returns to shareholders of 171% over the past three years.
分析記事 • May 21DBA Group S.p.A. (BIT:DBA) Stock Catapults 28% Though Its Price And Business Still Lag The MarketDespite an already strong run, DBA Group S.p.A. ( BIT:DBA ) shares have been powering on, with a gain of 28% in the...
Valuation Update With 7 Day Price Move • May 13Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €2.56, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 20x in the IT industry in Italy. Total returns to shareholders of 109% over the past three years.
Reported Earnings • Apr 17Full year 2023 earnings releasedFull year 2023 results: Revenue: €114.8m (up 36% from FY 2022). Net income: €4.05m (up €3.43m from FY 2022). Profit margin: 3.5% (up from 0.7% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 10% growth forecast for the IT industry in Italy.
New Risk • Apr 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (30% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (€25.3m market cap, or US$26.9m).
Valuation Update With 7 Day Price Move • Apr 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €2.09, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 16x in the IT industry in Italy. Total returns to shareholders of 105% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.48 per share.
分析記事 • Mar 30Improved Earnings Required Before DBA Group S.p.A. (BIT:DBA) Shares Find Their FeetDBA Group S.p.A.'s ( BIT:DBA ) price-to-earnings (or "P/E") ratio of 6.6x might make it look like a strong buy right...
Buy Or Sell Opportunity • Feb 09Now 21% undervaluedOver the last 90 days, the stock has risen 7.8% to €1.86. The fair value is estimated to be €2.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 3.4% in the next 2 years.
Buying Opportunity • Nov 30Now 22% undervaluedOver the last 90 days, the stock is up 2.9%. The fair value is estimated to be €2.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 16% in 2 years. Earnings is forecast to grow by 3.4% in the next 2 years.
分析記事 • Oct 07DBA Group's (BIT:DBA) Solid Profits Have Weak FundamentalsUnsurprisingly, DBA Group S.p.A.'s ( BIT:DBA ) stock price was strong on the back of its healthy earnings report...
New Risk • Oct 01New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 30% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (30% accrual ratio). Minor Risk Market cap is less than US$100m (€20.4m market cap, or US$21.6m).
Price Target Changed • Sep 19Price target increased by 18% to €3.30Up from €2.80, the current price target is provided by 1 analyst. New target price is 97% above last closing price of €1.68. Stock is up 3.1% over the past year.
Buying Opportunity • Aug 24Now 22% undervaluedOver the last 90 days, the stock is up 5.8%. The fair value is estimated to be €2.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 8.8% per annum. Earnings is also forecast to grow by 39% per annum over the same time period.
New Risk • Aug 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 4.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (4.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€20.2m market cap, or US$22.0m).
Major Estimate Revision • Jun 23Consensus EPS estimates increase by 16%, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from €102.7m to €101.7m. EPS estimate rose from €0.22 to €0.255. Net income forecast to grow 378% next year vs 94% growth forecast for IT industry in Italy. Consensus price target of €2.90 unchanged from last update. Share price was steady at €1.82 over the past week.
分析記事 • Jun 08DBA Group S.p.A. (BIT:DBA) Shares Could Be 42% Below Their Intrinsic Value EstimateKey Insights The projected fair value for DBA Group is €3.14 based on 2 Stage Free Cash Flow to Equity Current share...
Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €1.83, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 17x in the IT industry in Italy. Total returns to shareholders of 58% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.02 per share.
お知らせ • Dec 29+ 1 more updateDBA Group S.p.A., Annual General Meeting, Apr 26, 2023DBA Group S.p.A., Annual General Meeting, Apr 26, 2023.
お知らせ • Dec 23DBA Group S.p.A. (BIT:DBA) agreed to acquire General Planning S.R.L.DBA Group S.p.A. (BIT:DBA) agreed to acquire General Planning S.R.L. on December 21, 2022. The transaction is expected to close on January 1, 2023.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Chairman of the Board of Statutory Auditors Nadia Prevedello was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 04First half 2022 earnings released: EPS: €0 (vs €0.19 loss in 1H 2021)First half 2022 results: EPS: €0 (improved from €0.19 loss in 1H 2021). Revenue: €36.3m (up 16% from 1H 2021). Net loss: €283.0k (loss narrowed 87% from 1H 2021). Revenue is expected to decline by 25% p.a. on average during the next 3 years, while revenues in the IT industry in Italy are expected to grow by 8.0%.
Reported Earnings • Jun 15Full year 2021 earnings releasedFull year 2021 results: Revenue: €79.7m (up 13% from FY 2020). Net loss: €719.5k (loss narrowed 41% from FY 2020). Over the next year, revenue is forecast to grow 4.9%, compared to a 14% growth forecast for the industry in Italy.
Price Target Changed • Apr 27Price target increased to €2.87Up from €2.11, the current price target is an average from 2 analysts. New target price is 78% above last closing price of €1.62. Stock is up 44% over the past year. The company is forecast to post earnings per share of €0.04 next year compared to a net loss per share of €0.11 last year.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Chairman of the Board of Statutory Auditors Nadia Prevedello was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Mar 29Telekom Slovenije, d.d. (LJSE:TLSG) agreed to acquire Actual I.T., d.d. from DBA Group S.p.A. (BIT:DBA) for €20.6 million.Telekom Slovenije, d.d. (LJSE:TLSG) agreed to acquire Actual I.T., d.d. from DBA Group S.p.A. (BIT:DBA) for €20.6 million on March 28, 2022. The transaction is expected to be completed within six months. Fineurop Soditic acted as exclusive financial advisor to DBA Group S.p.A.
分析記事 • Mar 15At €1.54, Is It Time To Put DBA Group S.p.A. (BIT:DBA) On Your Watch List?While DBA Group S.p.A. ( BIT:DBA ) might not be the most widely known stock at the moment, it saw a double-digit share...
お知らせ • Feb 25+ 2 more updatesDBA Group S.p.A. to Report Fiscal Year 2021 Results on Feb 25, 2022DBA Group S.p.A. announced that they will report fiscal year 2021 results on Feb 25, 2022
Buying Opportunity • Feb 24Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be €1.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% per annum over the last 3 years. The company became loss making over the last 3 years.
Buying Opportunity • Feb 08Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be €1.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% per annum over the last 3 years. The company became loss making over the last 3 years.
分析記事 • Jan 08Is There An Opportunity With DBA Group S.p.A.'s (BIT:DBA) 22% Undervaluation?How far off is DBA Group S.p.A. ( BIT:DBA ) from its intrinsic value? Using the most recent financial data, we'll take...
分析記事 • Oct 04Is DBA Group (BIT:DBA) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Reported Earnings • Oct 01First half 2021 earnings releasedThe company reported a solid first half result with improved revenues and control over costs, although losses increased. First half 2021 results: Revenue: €31.4m (up 12% from 1H 2020). Net loss: €2.17m (loss widened 2.7% from 1H 2020).
お知らせ • Oct 01DBA in Talks to Sell Slovenia's Actual IT to Telekom SlovenijeItalian diversified holding DBA Group S.p.A. (BIT:DBA) said it is in talks for the sale of its Slovenian subsidiary Actual I.T., d.d. to state-controlled Telekom Slovenije, d.d. (LJSE:TLSG). "Negotiations have begun with Telekom Slovenije and at present no agreement has been reached, nor has any contract with binding content been signed," DBA Group said in a filing with the Italian Stock Exchange on September 27, 2021. The negotiations with Telekom Slovenije were held in the context of the assessments related to the enhancement of the group's activities abroad, DBA Group said. On September 25, 2021, Slovenian daily Dnevnik reported that Telekom Slovenije considers the purchase of Actual IT from DBA Group and its supervisory board will discuss the issue on September 27, 2021. "I can only say that we had a very long discussion at the last meeting of the supervisory board and that there were questions. On September 27, 2021, we will continue, and I expect concrete answers from the experts who participated in this procedure. The supervisory board must be 100% sure about what it is deciding, and it must have answers to all questions," Dnevnik quoted Iztok Cernosa, chairman of Telekom Slovenije's supervisory board, as saying.
Price Target Changed • Jun 08Price target increased to €1.88Up from €1.53, the current price target is an average from 2 analysts. New target price is 33% above last closing price of €1.41. Stock is up 14% over the past year.
分析記事 • Jun 01DBA Group S.p.A.'s (BIT:DBA) Intrinsic Value Is Potentially 34% Above Its Share PriceDoes the June share price for DBA Group S.p.A. ( BIT:DBA ) reflect what it's really worth? Today, we will estimate the...
分析記事 • Apr 08Why DBA Group S.p.A. (BIT:DBA) Could Be Worth WatchingDBA Group S.p.A. ( BIT:DBA ), might not be a large cap stock, but it saw a significant share price rise of over 20% in...
Is New 90 Day High Low • Feb 18New 90-day high: €0.94The company is up 28% from its price of €0.73 on 19 November 2020. The Italian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.11 per share.
分析記事 • Feb 15A Look At The Fair Value Of DBA Group S.p.A. (BIT:DBA)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of DBA Group S.p.A...
分析記事 • Dec 24Is DBA Group S.p.A. (BIT:DBA) Potentially Undervalued?DBA Group S.p.A. ( BIT:DBA ), is not the largest company out there, but it saw a significant share price rise of over...
分析記事 • Nov 19Health Check: How Prudently Does DBA Group (BIT:DBA) Use Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Is New 90 Day High Low • Oct 29New 90-day low: €0.70The company is down 33% from its price of €1.05 on 30 July 2020. The Italian market is down 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.74 per share.
Is New 90 Day High Low • Oct 08New 90-day low: €0.87The company is down 17% from its price of €1.05 on 09 July 2020. The Italian market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.76 per share.
Reported Earnings • Oct 01First half earnings releasedOver the last 12 months the company has reported total losses of €3.21m, with losses widening by 144% from the prior year. Total revenue was €65.6m over the last 12 months, up 35% from the prior year.
Is New 90 Day High Low • Sep 22New 90-day low: €1.00The company is down 8.0% from its price of €1.09 on 24 June 2020. The Italian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.64 per share.