View ValuationDBA Group 향후 성장Future 기준 점검 1/6DBA Group은 연간 수입과 매출이 각각 4.4%와 4.1% 증가할 것으로 예상되고 EPS는 연간 4.4%만큼 증가할 것으로 예상됩니다.핵심 정보4.4%이익 성장률4.38%EPS 성장률IT 이익 성장7.9%매출 성장률4.1%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트12 Jun 2026최근 향후 성장 업데이트Price 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.모든 업데이트 보기Recent updates공시 • Jun 11DBA Group S.p.A., Annual General Meeting, Jun 29, 2026DBA Group S.p.A., Annual General Meeting, Jun 29, 2026, at 09:00 W. Europe Standard Time.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.공시 • 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).공시 • 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.분석 기사 • 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...공시 • 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.분석 기사 • 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.공시 • 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.분석 기사 • 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...분석 기사 • 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.분석 기사 • 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.분석 기사 • 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.분석 기사 • 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.분석 기사 • 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.분석 기사 • 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.공시 • 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.공시 • 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.공시 • 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.분석 기사 • 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...공시 • 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.분석 기사 • 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...분석 기사 • 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).공시 • 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.분석 기사 • 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...분석 기사 • 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.분석 기사 • 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...분석 기사 • 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...분석 기사 • 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.이익 및 매출 성장 예측BIT:DBA - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20281466510112/31/20271415510112/31/2026135537112/31/20251295613N/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/A더 보기애널리스트 향후 성장 전망수입 대 저축률: DBA 의 연간 예상 수익 증가율(4.4%)이 saving rate(3.3%)보다 높습니다.수익 vs 시장: DBA 의 연간 수익(4.4%)이 Italian 시장(11.3%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: DBA 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: DBA 의 수익(연간 4.1%)이 Italian 시장(연간 5.9%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: DBA 의 수익(연간 4.1%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: DBA의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YSoftware 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/15 11:57종가2026/06/15 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스DBA Group S.p.A.는 3명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Viviana 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.
공시 • Jun 11DBA Group S.p.A., Annual General Meeting, Jun 29, 2026DBA Group S.p.A., Annual General Meeting, Jun 29, 2026, at 09:00 W. Europe Standard Time.
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.
공시 • 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).
공시 • 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.
분석 기사 • 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...
공시 • 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.
분석 기사 • 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.
공시 • 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.
분석 기사 • 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...
분석 기사 • 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.
분석 기사 • 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.
분석 기사 • 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.
분석 기사 • 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.
분석 기사 • 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.
분석 기사 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
분석 기사 • 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...
공시 • 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.
분석 기사 • 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...
분석 기사 • 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).
공시 • 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.
분석 기사 • 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...
분석 기사 • 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.
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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.