View Financial HealthDigital Value 배당 및 자사주 매입배당 기준 점검 3/6Digital Value 수익으로 충분히 충당되는 현재 수익률 2.76% 보유한 배당금 지급 회사입니다.핵심 정보2.8%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률2.6%배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향44%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Jun 30Upcoming dividend of €0.80 per shareEligible shareholders must have bought the stock before 07 July 2025. Payment date: 09 July 2025. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Italian dividend payers (5.3%). Higher than average of industry peers (1.0%).분석 기사 • May 19Digital Value (BIT:DGV) Has Announced That Its Dividend Will Be Reduced To €0.80Digital Value S.p.A.'s ( BIT:DGV ) dividend is being reduced by 16% to €0.80 per share on 9th of July, in comparison to...Declared Dividend • May 19Dividend reduced to €0.80Dividend of €0.80 is 16% lower than last year. Ex-date: 7th July 2025 Payment date: 9th July 2025 Dividend yield will be 3.0%, which is higher than the industry average of 0.9%. Sustainability & Growth Dividend is covered by earnings (22% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.7% per year over the past 2 years and payments have been stable during that time. EPS is expected to remain steady over the next 2 years, which should provide adequate earnings cover for the dividend.공지 • May 17Digital Value S.p.A. announces Annual dividend, payable on July 09, 2025Digital Value S.p.A. announced Annual dividend of EUR 0.8000 per share payable on July 09, 2025, ex-date on July 07, 2025 and record date on July 08, 2025.Upcoming Dividend • Jun 24Upcoming dividend of €0.95 per shareEligible shareholders must have bought the stock before 01 July 2024. Payment date: 03 July 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Italian dividend payers (5.5%). Higher than average of industry peers (0.9%).모든 업데이트 보기Recent updatesReported Earnings • Apr 06Full year 2025 earnings released: EPS: €1.33 (vs €3.43 in FY 2024)Full year 2025 results: EPS: €1.33 (down from €3.43 in FY 2024). Revenue: €640.3m (down 22% from FY 2024). Net income: €13.9m (down 60% from FY 2024). Profit margin: 2.2% (down from 4.3% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the IT industry in Italy. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 25% per year.Board Change • Mar 06Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Lead Independent Director Maria Mosconi was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공지 • Mar 06OEP IX Master Coöperatief U.A., a fund managed by OEP Capital Advisors L.P. completed the acquisition of 59.29% stake in Digital Value S.p.A. (BIT:DGV) from DV Holding S.p.A.OEP IX Master Coöperatief U.A., a fund managed by OEP Capital Advisors L.P. signed a sale and purchase agreement to acquire 59.29% stake in Digital Value S.p.A. (BIT:DGV) from DV Holding S.p.A. for approximately €175 million on October 20, 2025. A cash consideration valued at €29 per share will be paid by OEP Capital Advisors L.P. The purchase price is fixed and will not be subject to any adjustments after the closing of the transaction. The Closing is subject to the fulfilment of certain conditions precedent regarding, inter alia, (a) the obtainment of all authorizations and consents required by law, including those authorizations required by the EU antitrust authority and Compliance with the Golden Power legislation (FDI clearance), and (b) the lack of occurrence of certain material events between the date of signing of the Sale and Purchase Agreement and the Closing date which impact (or may impact) or disrupt (or may disrupt) the business and/or financial conditions/prospects of the Digital Value companies. Following the Closing, pursuant to the Sale and Purchase Agreement, the Purchaser (or BidCo, as the case may be) will hold the Controlling Interest, representing a percentage of the corporate capital of Digital Value not lower than 57.8%. Upon completion of such acquisition, a mandatory public tender offer will be launched by OEP IX Master Coöperatief U.A. (either directly or through an affiliate) on the remaining outstanding share capital of Digital Value S.p.A., aimed at obtaining the delisting. The closing of the transaction is expected to take place by January 2026. On February 5, 2026, the transaction has been approved by the European Union. Vittorio Palladino, Andrew Dunn and Tim Borneck. Giulio Godi and Edoardo Schiavina of Equita SIM S.p.A. acted as financial advisor for OEP Capital Advisors L.P. Allen Overy Shearman Sterling - Studio Legale Associato acted as legal advisor for OEP Capital Advisors L.P. Bonelli Erede Pappalardo Studio Legale acted as legal advisor for DV Holding S.p.A. DGPA & Co. S.r.l. acted as financial advisor for DV Holding S.p.A. Monia Giustozzi, Melchiorre Sorrentino and Marta Simionato of PricewaterhouseCoopers Advisory S.p.A. acted as due diligence advisor to OEP Capital Advisors L.P. PWC TLS Associazione Professionale di Avvocati e Commercialisti acted as legal advisor to OEP Capital Advisors L.P. Clairfield International acted as financial advisor to OEP Capital Advisors L.P. OEP IX Master Coöperatief U.A., a fund managed by OEP Capital Advisors L.P. completed the acquisition of 59.29% stake in Digital Value S.p.A. (BIT:DGV) from DV Holding S.p.A. on March 5, 2026.New Risk • Oct 23New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.6% 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 0.6% per year for the foreseeable future. Minor Risk Profit margins are more than 30% lower than last year (2.8% net profit margin).공지 • Oct 21Funds managed by OEP Capital Advisors L.P. signed a sale and purchase agreement to acquire 57.81% stake in Digital Value S.p.A. (BIT:DGV) from DV Holding S.p.A. for approximately €170 million.Funds managed by OEP Capital Advisors L.P. signed a sale and purchase agreement to acquire 57.81% stake in Digital Value S.p.A. (BIT:DGV) from DV Holding S.p.A. for approximately €170 million on October 20, 2025. A cash consideration valued at €29 per share will be paid by OEP Capital Advisors L.P. The purchase price is fixed and will not be subject to any adjustments after the closing of the transaction. The Closing is subject to the fulfilment of certain conditions precedent regarding, inter alia, (a) the obtainment of all authorizations and consents required by law, including those authorizations required by the EU antitrust authority and Compliance with the Golden Power legislation (FDI clearance), and (b) the lack of occurrence of certain material events between the date of signing of the Sale and Purchase Agreement and the Closing date which impact (or may impact) or disrupt (or may disrupt) the business and/or financial conditions/prospects of the Digital Value companies. Following the Closing, pursuant to the Sale and Purchase Agreement, the Purchaser (or BidCo, as the case may be) will hold the Controlling Interest, representing a percentage of the corporate capital of Digital Value not lower than 57.8%. Upon completion of such acquisition, a mandatory public tender offer will be launched by OEP IX Master Coöperatief U.A. (either directly or through an affiliate) on the remaining outstanding share capital of Digital Value S.p.A., aimed at obtaining the delisting. The closing of the transaction is expected to take place by January 2026. The One Equity Partners team was led by Vittorio Palladino, Andrew Dunn and Tim Borneck. Giulio Godi and Edoardo Schiavina of Equita SIM S.p.A. acted as financial advisor for OEP Capital Advisors L.P. Allen Overy Shearman Sterling - Studio Legale Associato acted as legal advisor for OEP Capital Advisors L.P. Bonelli Erede Pappalardo Studio Legale acted as legal advisor for DV Holding S.p.A. DGPA & Co. S.r.l. acted as financial advisor for DV Holding S.p.A.Reported Earnings • Oct 01First half 2025 earnings released: EPS: €0.57 (vs €2.22 in 1H 2024)First half 2025 results: EPS: €0.57 (down from €2.22 in 1H 2024). Revenue: €302.0m (down 33% from 1H 2024). Net income: €6.23m (down 72% from 1H 2024). Profit margin: 2.1% (down from 4.9% in 1H 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 43% p.a. on average during the next 2 years, compared to a 9.2% growth forecast for the IT industry in Italy. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.New Risk • Oct 01New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.8% Last year net profit margin: 4.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Profit margins are more than 30% lower than last year (2.8% net profit margin).분석 기사 • Aug 29Digital Value S.p.A.'s (BIT:DGV) Shares Not Telling The Full StoryWhen close to half the companies in Italy have price-to-earnings ratios (or "P/E's") above 18x, you may consider...Upcoming Dividend • Jun 30Upcoming dividend of €0.80 per shareEligible shareholders must have bought the stock before 07 July 2025. Payment date: 09 July 2025. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Italian dividend payers (5.3%). Higher than average of industry peers (1.0%).New Risk • Jun 18New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 42% 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 Share price has been highly volatile over the past 3 months (15% average weekly change). High level of non-cash earnings (42% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €30.75, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 14x in the IT industry in Italy. Total loss to shareholders of 48% over the past three years.분석 기사 • May 19Digital Value (BIT:DGV) Has Announced That Its Dividend Will Be Reduced To €0.80Digital Value S.p.A.'s ( BIT:DGV ) dividend is being reduced by 16% to €0.80 per share on 9th of July, in comparison to...Declared Dividend • May 19Dividend reduced to €0.80Dividend of €0.80 is 16% lower than last year. Ex-date: 7th July 2025 Payment date: 9th July 2025 Dividend yield will be 3.0%, which is higher than the industry average of 0.9%. Sustainability & Growth Dividend is covered by earnings (22% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.7% per year over the past 2 years and payments have been stable during that time. EPS is expected to remain steady over the next 2 years, which should provide adequate earnings cover for the dividend.공지 • May 17Digital Value S.p.A. announces Annual dividend, payable on July 09, 2025Digital Value S.p.A. announced Annual dividend of EUR 0.8000 per share payable on July 09, 2025, ex-date on July 07, 2025 and record date on July 08, 2025.분석 기사 • May 12Digital Value S.p.A.'s (BIT:DGV) Price Is Right But Growth Is Lacking After Shares Rocket 53%Digital Value S.p.A. ( BIT:DGV ) shareholders would be excited to see that the share price has had a great month...분석 기사 • May 08Digital Value's (BIT:DGV) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsThe market rallied behind Digital Value S.p.A.'s ( BIT:DGV ) stock, leading do a rise in the share price after its...Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 41%After last week's 41% share price gain to €25.00, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 15x in the IT industry in Italy. Total loss to shareholders of 63% over the past three years.분석 기사 • May 03Why Digital Value S.p.A. (BIT:DGV) Could Be Worth WatchingWhile Digital Value S.p.A. ( BIT:DGV ) might not have the largest market cap around , it saw a significant share price...New Risk • May 02New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 4.0% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (39% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • May 02Full year 2024 earnings releasedFull year 2024 results: Revenue: €815.8m (down 3.7% from FY 2023). Net income: €34.8m (down 9.4% from FY 2023). Profit margin: 4.3% (down from 4.5% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 8.9% growth forecast for the IT industry in Italy.New Risk • Apr 30New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. 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 Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end).Valuation Update With 7 Day Price Move • Mar 31Investor sentiment deteriorates as stock falls 29%After last week's 29% share price decline to €14.00, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 16x in the IT industry in Italy. Total loss to shareholders of 84% over the past three years.Valuation Update With 7 Day Price Move • Dec 17Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €23.95, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 18x in the IT industry in Italy. Total loss to shareholders of 79% over the past three years.분석 기사 • Dec 01Digital Value S.p.A. (BIT:DGV) Soars 59% But It's A Story Of Risk Vs RewardDigital Value S.p.A. ( BIT:DGV ) shareholders are no doubt pleased to see that the share price has bounced 59% in the...Valuation Update With 7 Day Price Move • Nov 27Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €17.06, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 19x in the IT industry in Italy. Total loss to shareholders of 84% over the past three years.Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €13.04, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 19x in the IT industry in Italy. Total loss to shareholders of 87% over the past three years.Valuation Update With 7 Day Price Move • Oct 28Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €11.90, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 14x in the IT industry in Italy. Total loss to shareholders of 87% over the past three years.Price Target Changed • Oct 17Price target decreased by 30% to €70.00Down from €99.50, the current price target is provided by 1 analyst. New target price is 419% above last closing price of €13.50. Stock is down 70% over the past year. The company is forecast to post earnings per share of €4.30 for next year compared to €3.86 last year.분석 기사 • Oct 17Take Care Before Jumping Onto Digital Value S.p.A. (BIT:DGV) Even Though It's 75% CheaperDigital Value S.p.A. ( BIT:DGV ) shareholders that were waiting for something to happen have been dealt a blow with a...Reported Earnings • Sep 27First half 2024 earnings releasedFirst half 2024 results: Revenue: €450.7m (up 8.4% from 1H 2023). Net income: €22.3m (up 31% from 1H 2023). Profit margin: 4.9% (up from 4.1% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the IT industry in Italy.공지 • Jul 31Digital Value S.p.A. (BIT:DGV) signed a binding offer to acquire Italtel S.p.A. for €120 million.Digital Value S.p.A. (BIT:DGV) signed a binding offer to acquire Italtel S.p.A. for €120 million on July 30, 2024. Nextalia has committed to procure the sale of, for a total fixed consideration, not subject to adjustments, of €120 million, to be paid as follows: €90 million, on the closing date of the transaction; and €30 million on June 20, 2025. The binding offer includes the acquisition of 100% of Italtel’s share capital, currently held approximately 71.38% by Nextalia, and approximately 28.62% by Clessidra Capital Credit SGR S.p.A., on behalf of the fund named Clessidra Restructuring Fund. The completion of the transaction will be subject to the transaction being approved, not prohibited, or otherwise permitted under exemption by the competent antitrust and golden power authorities and the signing of a financing agreement with one or more credit institutions and the subsequent disbursement on the closing date in favor of Digital Value of an amount not exceeding the consideration of the sale. Italtel has reported revenues of €270 million and EBITDA of €11.1 million in 2023. Digital Value has, for this purpose, initiated negotiations with some leading Italian credit institutions. the signing of the sale and purchase agreement (“SPA”) will take place in the coming days, while the closing of the transaction will occur after the fulfillment of the aforementioned suspensive conditions.Upcoming Dividend • Jun 24Upcoming dividend of €0.95 per shareEligible shareholders must have bought the stock before 01 July 2024. Payment date: 03 July 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Italian dividend payers (5.5%). Higher than average of industry peers (0.9%).분석 기사 • May 14There's Reason For Concern Over Digital Value S.p.A.'s (BIT:DGV) Massive 25% Price JumpDigital Value S.p.A. ( BIT:DGV ) shareholders would be excited to see that the share price has had a great month...분석 기사 • May 09We Like Digital Value's (BIT:DGV) Earnings For More Than Just Statutory ProfitShareholders appeared to be happy with Digital Value S.p.A.'s ( BIT:DGV ) solid earnings report last week. Looking...Reported Earnings • May 03Full year 2023 earnings releasedFull year 2023 results: Revenue: €847.4m (up 20% from FY 2022). Net income: €38.4m (up 13% from FY 2022). Profit margin: 4.5% (down from 4.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 10% growth forecast for the IT industry in Italy.분석 기사 • Apr 24Some Investors May Be Worried About Digital Value's (BIT:DGV) Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Buy Or Sell Opportunity • Feb 29Now 21% undervaluedOver the last 90 days, the stock has risen 5.6% to €58.10. The fair value is estimated to be €73.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 28% in 2 years. Earnings are forecast to grow by 53% in the next 2 years.분석 기사 • Jan 30A Look At The Fair Value Of Digital Value S.p.A. (BIT:DGV)Key Insights The projected fair value for Digital Value is €68.29 based on 2 Stage Free Cash Flow to Equity With €64.10...New Risk • Jan 30New 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 5.6% 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 High level of non-cash earnings (29% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (5.6% average weekly change).Buying Opportunity • Nov 30Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be €69.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 27% in 2 years. Earnings is forecast to grow by 52% in the next 2 years.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €51.90, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the IT industry in Italy. Total returns to shareholders of 76% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €72.88 per share.분석 기사 • Sep 27Does Digital Value (BIT:DGV) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Sep 24First half 2023 earnings releasedFirst half 2023 results: Revenue: €415.5m (up 23% from 1H 2022). Net income: €17.1m (up 1.3% from 1H 2022). Profit margin: 4.1% (down from 5.0% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the IT industry in Italy.Buying Opportunity • Sep 21Now 20% undervaluedOver the last 90 days, the stock is up 4.6%. The fair value is estimated to be €77.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is also forecast to grow by 20% per annum over the same time period.Buying Opportunity • Sep 04Now 20% undervaluedOver the last 90 days, the stock is up 3.0%. The fair value is estimated to be €81.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is also forecast to grow by 20% per annum over the same time period.공지 • Jul 18Digital Value S.p.A. (BIT:DGV) acquired A 76 SRL.Digital Value S.p.A. (BIT:DGV) acquired A 76 SRL on July 17, 2023.Digital Value S.p.A. (BIT:DGV) completed the acquisition of A 76 SRL on July 17, 2023.Buying Opportunity • May 25Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 8.6%. The fair value is estimated to be €78.03, 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 13% per annum. Earnings is also forecast to grow by 20% per annum over the same time period.Buying Opportunity • Apr 25Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be €79.00, 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 13% per annum. Earnings is also forecast to grow by 20% per annum over the same time period.분석 기사 • Apr 22These 4 Measures Indicate That Digital Value (BIT:DGV) Is Using Debt Reasonably WellDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Mar 17Full year 2022 earnings releasedFull year 2022 results: Revenue: €708.5m (up 27% from FY 2021). Net income: €33.9m (up 13% from FY 2021). Profit margin: 4.8% (down from 5.4% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 3.6% decline forecast for the IT industry in Italy.Board Change • Nov 16Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 7 new directors. 3 experienced directors. No highly experienced directors. 1 independent director (6 non-independent directors). MD & Executive Director Paolo Vantellini is the most experienced director on the board, commencing their role in 2020. Independent Director Mario Vitale was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.분석 기사 • Nov 11Estimating The Intrinsic Value Of Digital Value S.p.A. (BIT:DGV)In this article we are going to estimate the intrinsic value of Digital Value S.p.A. ( BIT:DGV ) by taking the expected...Reported Earnings • Sep 09First half 2022 earnings released: EPS: €0 (vs €1.36 in 1H 2021)First half 2022 results: EPS: €0. Revenue: €337.2m (up 32% from 1H 2021). Net income: €16.9m (up 24% from 1H 2021). Profit margin: 5.0% (down from 5.3% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the IT industry in Italy.Price Target Changed • Aug 18Price target decreased to €110Down from €122, the current price target is an average from 4 analysts. New target price is 62% above last closing price of €67.90. Stock is down 27% over the past year. The company is forecast to post earnings per share of €3.74 for next year compared to €3.02 last year.분석 기사 • Jul 24Calculating The Fair Value Of Digital Value S.p.A. (BIT:DGV)Today we will run through one way of estimating the intrinsic value of Digital Value S.p.A. ( BIT:DGV ) by projecting...분석 기사 • Jul 02Be Wary Of Digital Value (BIT:DGV) And Its Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Price Target Changed • May 23Price target decreased to €113Down from €122, the current price target is provided by 1 analyst. New target price is 56% above last closing price of €72.00. Stock is up 33% over the past year.Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 1 independent director. 6 non-independent directors. President of Statutory Auditors Roberto Moro was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.분석 기사 • Jan 20Digital Value (BIT:DGV) Is Aiming To Keep Up Its Impressive ReturnsWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improved over the past weekAfter last week's 16% share price gain to €118, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 26x in the Software industry in Italy. Total returns to shareholders of 954% over the past three years.분석 기사 • Nov 24Estimating The Intrinsic Value Of Digital Value S.p.A. (BIT:DGV)In this article we are going to estimate the intrinsic value of Digital Value S.p.A. ( BIT:DGV ) by projecting its...분석 기사 • Nov 01Digital Value (BIT:DGV) Has A Pretty Healthy Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Oct 03First half 2021 earnings released: EPS €1.36 (vs €1.07 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €256.4m (up 22% from 1H 2020). Net income: €13.6m (up 29% from 1H 2020). Profit margin: 5.3% (up from 5.0% in 1H 2020). The increase in margin was driven by higher revenue.분석 기사 • Sep 28Here's What Digital Value's (BIT:DGV) Strong Returns On Capital MeanFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...분석 기사 • Jun 29Digital Value (BIT:DGV) Seems To Use Debt Quite SensiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...분석 기사 • Jun 02Digital Value (BIT:DGV) Is Reinvesting At Lower Rates Of ReturnIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improved over the past weekAfter last week's 15% share price gain to €55.90, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 20x in the Software industry in Italy. Total returns to shareholders of 178% over the past year.Reported Earnings • Apr 02Full year 2020 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €442.3m (up 21% from FY 2019). Net income: €24.1m (up 27% from FY 2019). Profit margin: 5.4% (up from 5.2% in FY 2019). The increase in margin was driven by higher revenue.Is New 90 Day High Low • Feb 11New 90-day high: €43.50The company is up 33% from its price of €32.60 on 13 November 2020. The Italian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 26% over the same period.분석 기사 • Feb 10A Look Into Digital Value's (BIT:DGV) Impressive Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...분석 기사 • Jan 14If You Had Bought Digital Value (BIT:DGV) Shares A Year Ago You'd Have Earned 133% ReturnsUnless you borrow money to invest, the potential losses are limited. But when you pick a company that is really...Is New 90 Day High Low • Jan 14New 90-day high: €41.70The company is up 35% from its price of €31.00 on 15 October 2020. The Italian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 20% over the same period.Is New 90 Day High Low • Dec 29New 90-day high: €38.60The company is up 29% from its price of €30.00 on 30 September 2020. The Italian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 18% over the same period.분석 기사 • Dec 24Does Digital Value (BIT:DGV) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Is New 90 Day High Low • Dec 12New 90-day high: €33.50The company is up 7.0% from its price of €31.20 on 11 September 2020. The Italian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is up 4.0% over the same period.분석 기사 • Dec 07Here's Why We Don't Think Digital Value's (BIT:DGV) Statutory Earnings Reflect Its Underlying Earnings PotentialBroadly speaking, profitable businesses are less risky than unprofitable ones. That said, the current statutory profit...Is New 90 Day High Low • Oct 19New 90-day high: €32.90The company is up 23% from its price of €26.80 on 21 July 2020. The Italian market is down 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is flat over the same period.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 배당금 지급이 안정적인 반면, DGV 은(는) 배당금을 지급한 지 10년도 채 되지 않았습니다.배당금 증가: DGV 3 년 동안만 배당금을 지급해 왔으며 그 이후 지급액이 감소했습니다.배당 수익률 vs 시장Digital Value 배당 수익률 vs 시장DGV의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (DGV)2.8%시장 하위 25% (IT)1.6%시장 상위 25% (IT)4.5%업계 평균 (IT)2.6%분석가 예측 (DGV) (최대 3년)2.6%주목할만한 배당금: DGV 의 배당금( 2.76% )은 Italian 시장에서 배당금 지급자의 하위 25%( 1.59% )보다 높습니다.고배당: DGV 의 배당금( 2.76% )은 Italian 시장에서 배당금 지급자의 상위 25%( 4.47% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 43.8% )로 DGV 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 6.8% )이 낮기 때문에 DGV 의 배당금 지급은 현금 흐름으로 완전히 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YIT 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/06 11:19종가2026/05/06 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 소스Digital Value S.p.A.는 4명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Gianluca MozzaliCFO SIM S.p.A.null nullEquita SIM S.p.A.Monica BosioIntesa Sanpaolo Equity Research1명의 분석가 더 보기
Upcoming Dividend • Jun 30Upcoming dividend of €0.80 per shareEligible shareholders must have bought the stock before 07 July 2025. Payment date: 09 July 2025. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Italian dividend payers (5.3%). Higher than average of industry peers (1.0%).
분석 기사 • May 19Digital Value (BIT:DGV) Has Announced That Its Dividend Will Be Reduced To €0.80Digital Value S.p.A.'s ( BIT:DGV ) dividend is being reduced by 16% to €0.80 per share on 9th of July, in comparison to...
Declared Dividend • May 19Dividend reduced to €0.80Dividend of €0.80 is 16% lower than last year. Ex-date: 7th July 2025 Payment date: 9th July 2025 Dividend yield will be 3.0%, which is higher than the industry average of 0.9%. Sustainability & Growth Dividend is covered by earnings (22% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.7% per year over the past 2 years and payments have been stable during that time. EPS is expected to remain steady over the next 2 years, which should provide adequate earnings cover for the dividend.
공지 • May 17Digital Value S.p.A. announces Annual dividend, payable on July 09, 2025Digital Value S.p.A. announced Annual dividend of EUR 0.8000 per share payable on July 09, 2025, ex-date on July 07, 2025 and record date on July 08, 2025.
Upcoming Dividend • Jun 24Upcoming dividend of €0.95 per shareEligible shareholders must have bought the stock before 01 July 2024. Payment date: 03 July 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Italian dividend payers (5.5%). Higher than average of industry peers (0.9%).
Reported Earnings • Apr 06Full year 2025 earnings released: EPS: €1.33 (vs €3.43 in FY 2024)Full year 2025 results: EPS: €1.33 (down from €3.43 in FY 2024). Revenue: €640.3m (down 22% from FY 2024). Net income: €13.9m (down 60% from FY 2024). Profit margin: 2.2% (down from 4.3% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the IT industry in Italy. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 25% per year.
Board Change • Mar 06Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Lead Independent Director Maria Mosconi was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공지 • Mar 06OEP IX Master Coöperatief U.A., a fund managed by OEP Capital Advisors L.P. completed the acquisition of 59.29% stake in Digital Value S.p.A. (BIT:DGV) from DV Holding S.p.A.OEP IX Master Coöperatief U.A., a fund managed by OEP Capital Advisors L.P. signed a sale and purchase agreement to acquire 59.29% stake in Digital Value S.p.A. (BIT:DGV) from DV Holding S.p.A. for approximately €175 million on October 20, 2025. A cash consideration valued at €29 per share will be paid by OEP Capital Advisors L.P. The purchase price is fixed and will not be subject to any adjustments after the closing of the transaction. The Closing is subject to the fulfilment of certain conditions precedent regarding, inter alia, (a) the obtainment of all authorizations and consents required by law, including those authorizations required by the EU antitrust authority and Compliance with the Golden Power legislation (FDI clearance), and (b) the lack of occurrence of certain material events between the date of signing of the Sale and Purchase Agreement and the Closing date which impact (or may impact) or disrupt (or may disrupt) the business and/or financial conditions/prospects of the Digital Value companies. Following the Closing, pursuant to the Sale and Purchase Agreement, the Purchaser (or BidCo, as the case may be) will hold the Controlling Interest, representing a percentage of the corporate capital of Digital Value not lower than 57.8%. Upon completion of such acquisition, a mandatory public tender offer will be launched by OEP IX Master Coöperatief U.A. (either directly or through an affiliate) on the remaining outstanding share capital of Digital Value S.p.A., aimed at obtaining the delisting. The closing of the transaction is expected to take place by January 2026. On February 5, 2026, the transaction has been approved by the European Union. Vittorio Palladino, Andrew Dunn and Tim Borneck. Giulio Godi and Edoardo Schiavina of Equita SIM S.p.A. acted as financial advisor for OEP Capital Advisors L.P. Allen Overy Shearman Sterling - Studio Legale Associato acted as legal advisor for OEP Capital Advisors L.P. Bonelli Erede Pappalardo Studio Legale acted as legal advisor for DV Holding S.p.A. DGPA & Co. S.r.l. acted as financial advisor for DV Holding S.p.A. Monia Giustozzi, Melchiorre Sorrentino and Marta Simionato of PricewaterhouseCoopers Advisory S.p.A. acted as due diligence advisor to OEP Capital Advisors L.P. PWC TLS Associazione Professionale di Avvocati e Commercialisti acted as legal advisor to OEP Capital Advisors L.P. Clairfield International acted as financial advisor to OEP Capital Advisors L.P. OEP IX Master Coöperatief U.A., a fund managed by OEP Capital Advisors L.P. completed the acquisition of 59.29% stake in Digital Value S.p.A. (BIT:DGV) from DV Holding S.p.A. on March 5, 2026.
New Risk • Oct 23New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.6% 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 0.6% per year for the foreseeable future. Minor Risk Profit margins are more than 30% lower than last year (2.8% net profit margin).
공지 • Oct 21Funds managed by OEP Capital Advisors L.P. signed a sale and purchase agreement to acquire 57.81% stake in Digital Value S.p.A. (BIT:DGV) from DV Holding S.p.A. for approximately €170 million.Funds managed by OEP Capital Advisors L.P. signed a sale and purchase agreement to acquire 57.81% stake in Digital Value S.p.A. (BIT:DGV) from DV Holding S.p.A. for approximately €170 million on October 20, 2025. A cash consideration valued at €29 per share will be paid by OEP Capital Advisors L.P. The purchase price is fixed and will not be subject to any adjustments after the closing of the transaction. The Closing is subject to the fulfilment of certain conditions precedent regarding, inter alia, (a) the obtainment of all authorizations and consents required by law, including those authorizations required by the EU antitrust authority and Compliance with the Golden Power legislation (FDI clearance), and (b) the lack of occurrence of certain material events between the date of signing of the Sale and Purchase Agreement and the Closing date which impact (or may impact) or disrupt (or may disrupt) the business and/or financial conditions/prospects of the Digital Value companies. Following the Closing, pursuant to the Sale and Purchase Agreement, the Purchaser (or BidCo, as the case may be) will hold the Controlling Interest, representing a percentage of the corporate capital of Digital Value not lower than 57.8%. Upon completion of such acquisition, a mandatory public tender offer will be launched by OEP IX Master Coöperatief U.A. (either directly or through an affiliate) on the remaining outstanding share capital of Digital Value S.p.A., aimed at obtaining the delisting. The closing of the transaction is expected to take place by January 2026. The One Equity Partners team was led by Vittorio Palladino, Andrew Dunn and Tim Borneck. Giulio Godi and Edoardo Schiavina of Equita SIM S.p.A. acted as financial advisor for OEP Capital Advisors L.P. Allen Overy Shearman Sterling - Studio Legale Associato acted as legal advisor for OEP Capital Advisors L.P. Bonelli Erede Pappalardo Studio Legale acted as legal advisor for DV Holding S.p.A. DGPA & Co. S.r.l. acted as financial advisor for DV Holding S.p.A.
Reported Earnings • Oct 01First half 2025 earnings released: EPS: €0.57 (vs €2.22 in 1H 2024)First half 2025 results: EPS: €0.57 (down from €2.22 in 1H 2024). Revenue: €302.0m (down 33% from 1H 2024). Net income: €6.23m (down 72% from 1H 2024). Profit margin: 2.1% (down from 4.9% in 1H 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 43% p.a. on average during the next 2 years, compared to a 9.2% growth forecast for the IT industry in Italy. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.
New Risk • Oct 01New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.8% Last year net profit margin: 4.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Profit margins are more than 30% lower than last year (2.8% net profit margin).
분석 기사 • Aug 29Digital Value S.p.A.'s (BIT:DGV) Shares Not Telling The Full StoryWhen close to half the companies in Italy have price-to-earnings ratios (or "P/E's") above 18x, you may consider...
Upcoming Dividend • Jun 30Upcoming dividend of €0.80 per shareEligible shareholders must have bought the stock before 07 July 2025. Payment date: 09 July 2025. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Italian dividend payers (5.3%). Higher than average of industry peers (1.0%).
New Risk • Jun 18New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 42% 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 Share price has been highly volatile over the past 3 months (15% average weekly change). High level of non-cash earnings (42% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €30.75, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 14x in the IT industry in Italy. Total loss to shareholders of 48% over the past three years.
분석 기사 • May 19Digital Value (BIT:DGV) Has Announced That Its Dividend Will Be Reduced To €0.80Digital Value S.p.A.'s ( BIT:DGV ) dividend is being reduced by 16% to €0.80 per share on 9th of July, in comparison to...
Declared Dividend • May 19Dividend reduced to €0.80Dividend of €0.80 is 16% lower than last year. Ex-date: 7th July 2025 Payment date: 9th July 2025 Dividend yield will be 3.0%, which is higher than the industry average of 0.9%. Sustainability & Growth Dividend is covered by earnings (22% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.7% per year over the past 2 years and payments have been stable during that time. EPS is expected to remain steady over the next 2 years, which should provide adequate earnings cover for the dividend.
공지 • May 17Digital Value S.p.A. announces Annual dividend, payable on July 09, 2025Digital Value S.p.A. announced Annual dividend of EUR 0.8000 per share payable on July 09, 2025, ex-date on July 07, 2025 and record date on July 08, 2025.
분석 기사 • May 12Digital Value S.p.A.'s (BIT:DGV) Price Is Right But Growth Is Lacking After Shares Rocket 53%Digital Value S.p.A. ( BIT:DGV ) shareholders would be excited to see that the share price has had a great month...
분석 기사 • May 08Digital Value's (BIT:DGV) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsThe market rallied behind Digital Value S.p.A.'s ( BIT:DGV ) stock, leading do a rise in the share price after its...
Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 41%After last week's 41% share price gain to €25.00, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 15x in the IT industry in Italy. Total loss to shareholders of 63% over the past three years.
분석 기사 • May 03Why Digital Value S.p.A. (BIT:DGV) Could Be Worth WatchingWhile Digital Value S.p.A. ( BIT:DGV ) might not have the largest market cap around , it saw a significant share price...
New Risk • May 02New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 4.0% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (39% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • May 02Full year 2024 earnings releasedFull year 2024 results: Revenue: €815.8m (down 3.7% from FY 2023). Net income: €34.8m (down 9.4% from FY 2023). Profit margin: 4.3% (down from 4.5% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 8.9% growth forecast for the IT industry in Italy.
New Risk • Apr 30New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. 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 Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end).
Valuation Update With 7 Day Price Move • Mar 31Investor sentiment deteriorates as stock falls 29%After last week's 29% share price decline to €14.00, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 16x in the IT industry in Italy. Total loss to shareholders of 84% over the past three years.
Valuation Update With 7 Day Price Move • Dec 17Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €23.95, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 18x in the IT industry in Italy. Total loss to shareholders of 79% over the past three years.
분석 기사 • Dec 01Digital Value S.p.A. (BIT:DGV) Soars 59% But It's A Story Of Risk Vs RewardDigital Value S.p.A. ( BIT:DGV ) shareholders are no doubt pleased to see that the share price has bounced 59% in the...
Valuation Update With 7 Day Price Move • Nov 27Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €17.06, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 19x in the IT industry in Italy. Total loss to shareholders of 84% over the past three years.
Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €13.04, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 19x in the IT industry in Italy. Total loss to shareholders of 87% over the past three years.
Valuation Update With 7 Day Price Move • Oct 28Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €11.90, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 14x in the IT industry in Italy. Total loss to shareholders of 87% over the past three years.
Price Target Changed • Oct 17Price target decreased by 30% to €70.00Down from €99.50, the current price target is provided by 1 analyst. New target price is 419% above last closing price of €13.50. Stock is down 70% over the past year. The company is forecast to post earnings per share of €4.30 for next year compared to €3.86 last year.
분석 기사 • Oct 17Take Care Before Jumping Onto Digital Value S.p.A. (BIT:DGV) Even Though It's 75% CheaperDigital Value S.p.A. ( BIT:DGV ) shareholders that were waiting for something to happen have been dealt a blow with a...
Reported Earnings • Sep 27First half 2024 earnings releasedFirst half 2024 results: Revenue: €450.7m (up 8.4% from 1H 2023). Net income: €22.3m (up 31% from 1H 2023). Profit margin: 4.9% (up from 4.1% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the IT industry in Italy.
공지 • Jul 31Digital Value S.p.A. (BIT:DGV) signed a binding offer to acquire Italtel S.p.A. for €120 million.Digital Value S.p.A. (BIT:DGV) signed a binding offer to acquire Italtel S.p.A. for €120 million on July 30, 2024. Nextalia has committed to procure the sale of, for a total fixed consideration, not subject to adjustments, of €120 million, to be paid as follows: €90 million, on the closing date of the transaction; and €30 million on June 20, 2025. The binding offer includes the acquisition of 100% of Italtel’s share capital, currently held approximately 71.38% by Nextalia, and approximately 28.62% by Clessidra Capital Credit SGR S.p.A., on behalf of the fund named Clessidra Restructuring Fund. The completion of the transaction will be subject to the transaction being approved, not prohibited, or otherwise permitted under exemption by the competent antitrust and golden power authorities and the signing of a financing agreement with one or more credit institutions and the subsequent disbursement on the closing date in favor of Digital Value of an amount not exceeding the consideration of the sale. Italtel has reported revenues of €270 million and EBITDA of €11.1 million in 2023. Digital Value has, for this purpose, initiated negotiations with some leading Italian credit institutions. the signing of the sale and purchase agreement (“SPA”) will take place in the coming days, while the closing of the transaction will occur after the fulfillment of the aforementioned suspensive conditions.
Upcoming Dividend • Jun 24Upcoming dividend of €0.95 per shareEligible shareholders must have bought the stock before 01 July 2024. Payment date: 03 July 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Italian dividend payers (5.5%). Higher than average of industry peers (0.9%).
분석 기사 • May 14There's Reason For Concern Over Digital Value S.p.A.'s (BIT:DGV) Massive 25% Price JumpDigital Value S.p.A. ( BIT:DGV ) shareholders would be excited to see that the share price has had a great month...
분석 기사 • May 09We Like Digital Value's (BIT:DGV) Earnings For More Than Just Statutory ProfitShareholders appeared to be happy with Digital Value S.p.A.'s ( BIT:DGV ) solid earnings report last week. Looking...
Reported Earnings • May 03Full year 2023 earnings releasedFull year 2023 results: Revenue: €847.4m (up 20% from FY 2022). Net income: €38.4m (up 13% from FY 2022). Profit margin: 4.5% (down from 4.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 10% growth forecast for the IT industry in Italy.
분석 기사 • Apr 24Some Investors May Be Worried About Digital Value's (BIT:DGV) Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Buy Or Sell Opportunity • Feb 29Now 21% undervaluedOver the last 90 days, the stock has risen 5.6% to €58.10. The fair value is estimated to be €73.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 28% in 2 years. Earnings are forecast to grow by 53% in the next 2 years.
분석 기사 • Jan 30A Look At The Fair Value Of Digital Value S.p.A. (BIT:DGV)Key Insights The projected fair value for Digital Value is €68.29 based on 2 Stage Free Cash Flow to Equity With €64.10...
New Risk • Jan 30New 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 5.6% 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 High level of non-cash earnings (29% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (5.6% average weekly change).
Buying Opportunity • Nov 30Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be €69.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 27% in 2 years. Earnings is forecast to grow by 52% in the next 2 years.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €51.90, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the IT industry in Italy. Total returns to shareholders of 76% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €72.88 per share.
분석 기사 • Sep 27Does Digital Value (BIT:DGV) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Sep 24First half 2023 earnings releasedFirst half 2023 results: Revenue: €415.5m (up 23% from 1H 2022). Net income: €17.1m (up 1.3% from 1H 2022). Profit margin: 4.1% (down from 5.0% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the IT industry in Italy.
Buying Opportunity • Sep 21Now 20% undervaluedOver the last 90 days, the stock is up 4.6%. The fair value is estimated to be €77.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is also forecast to grow by 20% per annum over the same time period.
Buying Opportunity • Sep 04Now 20% undervaluedOver the last 90 days, the stock is up 3.0%. The fair value is estimated to be €81.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is also forecast to grow by 20% per annum over the same time period.
공지 • Jul 18Digital Value S.p.A. (BIT:DGV) acquired A 76 SRL.Digital Value S.p.A. (BIT:DGV) acquired A 76 SRL on July 17, 2023.Digital Value S.p.A. (BIT:DGV) completed the acquisition of A 76 SRL on July 17, 2023.
Buying Opportunity • May 25Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 8.6%. The fair value is estimated to be €78.03, 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 13% per annum. Earnings is also forecast to grow by 20% per annum over the same time period.
Buying Opportunity • Apr 25Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be €79.00, 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 13% per annum. Earnings is also forecast to grow by 20% per annum over the same time period.
분석 기사 • Apr 22These 4 Measures Indicate That Digital Value (BIT:DGV) Is Using Debt Reasonably WellDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Mar 17Full year 2022 earnings releasedFull year 2022 results: Revenue: €708.5m (up 27% from FY 2021). Net income: €33.9m (up 13% from FY 2021). Profit margin: 4.8% (down from 5.4% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 3.6% decline forecast for the IT industry in Italy.
Board Change • Nov 16Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 7 new directors. 3 experienced directors. No highly experienced directors. 1 independent director (6 non-independent directors). MD & Executive Director Paolo Vantellini is the most experienced director on the board, commencing their role in 2020. Independent Director Mario Vitale was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
분석 기사 • Nov 11Estimating The Intrinsic Value Of Digital Value S.p.A. (BIT:DGV)In this article we are going to estimate the intrinsic value of Digital Value S.p.A. ( BIT:DGV ) by taking the expected...
Reported Earnings • Sep 09First half 2022 earnings released: EPS: €0 (vs €1.36 in 1H 2021)First half 2022 results: EPS: €0. Revenue: €337.2m (up 32% from 1H 2021). Net income: €16.9m (up 24% from 1H 2021). Profit margin: 5.0% (down from 5.3% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the IT industry in Italy.
Price Target Changed • Aug 18Price target decreased to €110Down from €122, the current price target is an average from 4 analysts. New target price is 62% above last closing price of €67.90. Stock is down 27% over the past year. The company is forecast to post earnings per share of €3.74 for next year compared to €3.02 last year.
분석 기사 • Jul 24Calculating The Fair Value Of Digital Value S.p.A. (BIT:DGV)Today we will run through one way of estimating the intrinsic value of Digital Value S.p.A. ( BIT:DGV ) by projecting...
분석 기사 • Jul 02Be Wary Of Digital Value (BIT:DGV) And Its Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Price Target Changed • May 23Price target decreased to €113Down from €122, the current price target is provided by 1 analyst. New target price is 56% above last closing price of €72.00. Stock is up 33% over the past year.
Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 1 independent director. 6 non-independent directors. President of Statutory Auditors Roberto Moro was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
분석 기사 • Jan 20Digital Value (BIT:DGV) Is Aiming To Keep Up Its Impressive ReturnsWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improved over the past weekAfter last week's 16% share price gain to €118, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 26x in the Software industry in Italy. Total returns to shareholders of 954% over the past three years.
분석 기사 • Nov 24Estimating The Intrinsic Value Of Digital Value S.p.A. (BIT:DGV)In this article we are going to estimate the intrinsic value of Digital Value S.p.A. ( BIT:DGV ) by projecting its...
분석 기사 • Nov 01Digital Value (BIT:DGV) Has A Pretty Healthy Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Oct 03First half 2021 earnings released: EPS €1.36 (vs €1.07 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €256.4m (up 22% from 1H 2020). Net income: €13.6m (up 29% from 1H 2020). Profit margin: 5.3% (up from 5.0% in 1H 2020). The increase in margin was driven by higher revenue.
분석 기사 • Sep 28Here's What Digital Value's (BIT:DGV) Strong Returns On Capital MeanFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
분석 기사 • Jun 29Digital Value (BIT:DGV) Seems To Use Debt Quite SensiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
분석 기사 • Jun 02Digital Value (BIT:DGV) Is Reinvesting At Lower Rates Of ReturnIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improved over the past weekAfter last week's 15% share price gain to €55.90, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 20x in the Software industry in Italy. Total returns to shareholders of 178% over the past year.
Reported Earnings • Apr 02Full year 2020 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €442.3m (up 21% from FY 2019). Net income: €24.1m (up 27% from FY 2019). Profit margin: 5.4% (up from 5.2% in FY 2019). The increase in margin was driven by higher revenue.
Is New 90 Day High Low • Feb 11New 90-day high: €43.50The company is up 33% from its price of €32.60 on 13 November 2020. The Italian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 26% over the same period.
분석 기사 • Feb 10A Look Into Digital Value's (BIT:DGV) Impressive Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
분석 기사 • Jan 14If You Had Bought Digital Value (BIT:DGV) Shares A Year Ago You'd Have Earned 133% ReturnsUnless you borrow money to invest, the potential losses are limited. But when you pick a company that is really...
Is New 90 Day High Low • Jan 14New 90-day high: €41.70The company is up 35% from its price of €31.00 on 15 October 2020. The Italian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 20% over the same period.
Is New 90 Day High Low • Dec 29New 90-day high: €38.60The company is up 29% from its price of €30.00 on 30 September 2020. The Italian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 18% over the same period.
분석 기사 • Dec 24Does Digital Value (BIT:DGV) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Is New 90 Day High Low • Dec 12New 90-day high: €33.50The company is up 7.0% from its price of €31.20 on 11 September 2020. The Italian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is up 4.0% over the same period.
분석 기사 • Dec 07Here's Why We Don't Think Digital Value's (BIT:DGV) Statutory Earnings Reflect Its Underlying Earnings PotentialBroadly speaking, profitable businesses are less risky than unprofitable ones. That said, the current statutory profit...
Is New 90 Day High Low • Oct 19New 90-day high: €32.90The company is up 23% from its price of €26.80 on 21 July 2020. The Italian market is down 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is flat over the same period.