DNRM Stock Overview

Through its subsidiaries, provides catalytic coatings and insoluble electrodes for electrochemical and industrial applications worldwide. More details

DNRM fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	1/6
Financial Health	6/6
Dividends	2/6

Rewards

Price-To-Earnings ratio (16.4x) is below the Machinery industry average (22x)

Earnings are forecast to grow 11.27% per year

Risk Analysis

Shares are highly illiquid

Large one-off items impacting financial results

Profit margins (10%) are lower than last year (25.7%)

My Notes

Capture your thoughts, links and company narrative

Industrie De Nora S.p.A. Competitors

Bodycote

LSE:BOY

UK£1.2b

Vesuvius

LSE:VSVS

UK£1.0b

Morgan Advanced Materials

LSE:MGAM

UK£748.9m

Goodwin

LSE:GDWN

UK£551.2m

Price History & Performance

Summary of share price highs, lows and changes for Industrie De Nora
Historical stock prices
Current Share Price	€7.03
52 Week High	€9.44
52 Week Low	€6.91
Beta	0.49
1 Month Change	-12.62%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-46.56%

Recent updates

Shareholder Returns

	DNRM	GB Machinery	GB Market
7D	0%	-2.8%	1.0%
1Y	n/a	1.5%	12.1%

Return vs Industry: Insufficient data to determine how DNRM performed against the UK Machinery industry.

Return vs Market: Insufficient data to determine how DNRM performed against the UK Market.

Price Volatility

Is DNRM's price volatile compared to industry and market?
DNRM volatility
DNRM Average Weekly Movement	n/a
Machinery Industry Average Movement	4.0%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.7%
10% least volatile stocks in GB Market	2.7%

Stable Share Price: DNRM's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: Insufficient data to determine DNRM's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1923	2,045	Paolo Dellachà	www.denora.com

Industrie De Nora S.p.A., through its subsidiaries, provides catalytic coatings and insoluble electrodes for electrochemical and industrial applications worldwide. The company offers analyzers and detectors; anodes for chlorine and oxygen evolution; cathodes for hydrogen evolution; disinfection systems; electro chlorination systems; electrodes and accessories for cathodic protection; filtration solutions; gas diffusion electrodes, MEA, and catalysts; membrane technologies; and contaminant removal systems. It also provides recoating and technical, repair, spare and replacement parts, and training services.

Industrie De Nora S.p.A. Fundamentals Summary

How do Industrie De Nora's earnings and revenue compare to its market cap?
DNRM fundamental statistics
Market cap	€1.37b
Earnings (TTM)	€84.37m
Revenue (TTM)	€839.95m

16.4x

P/E Ratio

1.6x

P/S Ratio

Is DNRM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DNRM income statement (TTM)
Revenue	€839.95m
Cost of Revenue	€524.83m
Gross Profit	€315.11m
Other Expenses	€230.75m
Earnings	€84.37m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.42
Gross Margin	37.52%
Net Profit Margin	10.04%
Debt/Equity Ratio	14.6%

How did DNRM perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

29%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/06 14:54
End of Day Share Price	2025/01/27 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Industrie De Nora S.p.A. is covered by 10 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Andrea Belloli	Banca Akros S.p.A. (ESN)
Gian Gadini	Banca Akros S.p.A. (ESN)
Andrea Belloli	Banca Akros S.p.A. (ESN)