Industrie De Nora S.p.A.

BIT:DNR Stock Report

Market Cap: €1.3b

Industrie De Nora Past Earnings Performance

Past criteria checks 5/6

Industrie De Nora has been growing earnings at an average annual rate of 0.5%, while the Machinery industry saw earnings growing at 6.7% annually. Revenues have been growing at an average rate of 0.7% per year. Industrie De Nora's return on equity is 8.5%, and it has net margins of 9.9%.

Key information

0.45%

Earnings growth rate

-1.38%

EPS growth rate

Machinery Industry Growth19.41%
Revenue growth rate0.70%
Return on equity8.46%
Net Margin9.86%
Next Earnings Update30 Jul 2026

Recent past performance updates

Analysis Article Nov 12

Weak Statutory Earnings May Not Tell The Whole Story For Industrie De Nora (BIT:DNR)

Industrie De Nora S.p.A.'s ( BIT:DNR ) recent weak earnings report didn't cause a big stock movement. Our analysis...

Recent updates

Narrative Update Jun 26

DNR: Fair Outlook Will Rely On Dividend And Margin Expectations

Analysts have lifted their price target on Industrie De Nora to €6.80 from €6.20, citing updated assumptions that now reflect a 3.84% revenue growth outlook, a 6.71% profit margin, a 10.75% discount rate, and a forward P/E of 28.32x. What's in the News for Industrie De Nora Industrie De Nora announced an annual dividend of €0.1030 per share, with payment scheduled for May 20, 2026.
Analysis Article Jan 21

Is Industrie De Nora (BIT:DNR) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Nov 07

Industrie De Nora S.p.A. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Investors in Industrie De Nora S.p.A. ( BIT:DNR ) had a good week, as its shares rose 4.8% to close at €7.66 following...
Analysis Article Oct 22

Is Industrie De Nora (BIT:DNR) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Oct 01

Industrie De Nora S.p.A.'s (BIT:DNR) Popularity With Investors Is Under Threat From Overpricing

There wouldn't be many who think Industrie De Nora S.p.A.'s ( BIT:DNR ) price-to-earnings (or "P/E") ratio of 18.6x is...
Analysis Article Sep 03

Returns At Industrie De Nora (BIT:DNR) Are On The Way Up

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Jul 22

We Think Industrie De Nora (BIT:DNR) Can Stay On Top Of Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Jun 30

Earnings Not Telling The Story For Industrie De Nora S.p.A. (BIT:DNR)

There wouldn't be many who think Industrie De Nora S.p.A.'s ( BIT:DNR ) price-to-earnings (or "P/E") ratio of 16.1x is...
Analysis Article May 17

Industrie De Nora S.p.A. (BIT:DNR) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

It's been a good week for Industrie De Nora S.p.A. ( BIT:DNR ) shareholders, because the company has just released its...
Analysis Article May 14

Industrie De Nora (BIT:DNR) Is Experiencing Growth In Returns On Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Analysis Article Mar 29

Industrie De Nora S.p.A. (BIT:DNR) Shares May Have Slumped 29% But Getting In Cheap Is Still Unlikely

Industrie De Nora S.p.A. ( BIT:DNR ) shares have had a horrible month, losing 29% after a relatively good period...
Analysis Article Mar 22

Industrie De Nora's (BIT:DNR) Dividend Is Being Reduced To €0.104

Industrie De Nora S.p.A. ( BIT:DNR ) has announced that on 21st of May, it will be paying a dividend of€0.104, which a...
Analysis Article Mar 07

Industrie De Nora (BIT:DNR) Has A Pretty Healthy Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Feb 12

There's Reason For Concern Over Industrie De Nora S.p.A.'s (BIT:DNR) Price

Industrie De Nora S.p.A.'s ( BIT:DNR ) price-to-earnings (or "P/E") ratio of 16.1x might make it look like a sell right...
Analysis Article Dec 17

Industrie De Nora (BIT:DNR) Is Looking To Continue Growing Its Returns On Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
Analysis Article Nov 12

Weak Statutory Earnings May Not Tell The Whole Story For Industrie De Nora (BIT:DNR)

Industrie De Nora S.p.A.'s ( BIT:DNR ) recent weak earnings report didn't cause a big stock movement. Our analysis...
Analysis Article Nov 08

Industrie De Nora S.p.A. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

As you might know, Industrie De Nora S.p.A. ( BIT:DNR ) last week released its latest third-quarter, and things did not...
Analysis Article Nov 04

These 4 Measures Indicate That Industrie De Nora (BIT:DNR) Is Using Debt Reasonably Well

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Oct 04

Is Industrie De Nora S.p.A. (BIT:DNR) Worth €9.2 Based On Its Intrinsic Value?

Key Insights The projected fair value for Industrie De Nora is €7.42 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Aug 02

Industrie De Nora S.p.A. (BIT:DNR) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Last week, you might have seen that Industrie De Nora S.p.A. ( BIT:DNR ) released its second-quarter result to the...
Analysis Article Jul 21

Industrie De Nora (BIT:DNR) Is Looking To Continue Growing Its Returns On Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
Analysis Article Jun 16

Does Industrie De Nora (BIT:DNR) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article May 12

Analysts Have Made A Financial Statement On Industrie De Nora S.p.A.'s (BIT:DNR) First-Quarter Report

Investors in Industrie De Nora S.p.A. ( BIT:DNR ) had a good week, as its shares rose 6.0% to close at €13.28 following...
Analysis Article Mar 25

Industrie De Nora's (BIT:DNR) Earnings Are Weaker Than They Seem

Investors were disappointed with Industrie De Nora S.p.A.'s ( BIT:DNR ) earnings, despite the strong profit numbers...
Analysis Article Mar 21

Analyst Estimates: Here's What Brokers Think Of Industrie De Nora S.p.A. (BIT:DNR) After Its Annual Report

Industrie De Nora S.p.A. ( BIT:DNR ) shareholders are probably feeling a little disappointed, since its shares fell...
Analysis Article Mar 02

Is Industrie De Nora S.p.A. (BIT:DNR) Worth €15.1 Based On Its Intrinsic Value?

Key Insights Industrie De Nora's estimated fair value is €11.99 based on 2 Stage Free Cash Flow to Equity Industrie De...
Analysis Article Jan 25

Does Industrie De Nora (BIT:DNR) 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...
Analysis Article Aug 03

Industrie De Nora S.p.A. (BIT:DNR) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Industrie De Nora S.p.A. ( BIT:DNR ) shareholders are probably feeling a little disappointed, since its shares fell...
Analysis Article Jul 26

Industrie De Nora (BIT:DNR) Might Have The Makings Of A Multi-Bagger

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Apr 15

We Like Industrie De Nora's (BIT:DNR) Earnings For More Than Just Statutory Profit

The market seemed underwhelmed by the solid earnings posted by Industrie De Nora S.p.A. ( BIT:DNR ) recently. Along...
Analysis Article Jan 05

Estimating The Fair Value Of Industrie De Nora S.p.A. (BIT:DNR)

Key Insights Industrie De Nora's estimated fair value is €18.5 based on 2 Stage Free Cash Flow to Equity Current share...
Analysis Article Dec 10

Industrie De Nora S.p.A. (BIT:DNR) Looks Just Right

Industrie De Nora S.p.A.'s ( BIT:DNR ) price-to-earnings (or "P/E") ratio of 35.4x might make it look like a strong...
Analysis Article Oct 01

An Intrinsic Calculation For Industrie De Nora S.p.A. (BIT:DNR) Suggests It's 42% Undervalued

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Industrie De Nora...

Revenue & Expenses Breakdown

How Industrie De Nora makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BIT:DNR Revenue, expenses and earnings (EUR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 26859851630
31 Dec 25882821650
30 Sep 25902911620
30 Jun 25887791610
31 Mar 25882811620
31 Dec 24871831590
30 Sep 24840841540
30 Jun 248492241520
31 Mar 248412231500
31 Dec 238682301480
30 Sep 238712241490
30 Jun 23867961470
31 Mar 23873881440
31 Dec 22857901380
30 Sep 22830891330
30 Jun 22776831290
31 Mar 22709821230
31 Dec 21619671190
31 Dec 20505331070
31 Dec 19525291090
31 Dec 18482261110

Quality Earnings: DNR has high quality earnings.

Growing Profit Margin: DNR's current net profit margins (9.9%) are higher than last year (9.2%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: DNR's earnings have grown by 0.5% per year over the past 5 years.

Accelerating Growth: DNR's earnings growth over the past year (4.2%) exceeds its 5-year average (0.5% per year).

Earnings vs Industry: DNR earnings growth over the past year (4.2%) exceeded the Machinery industry 4.1%.


Return on Equity

High ROE: DNR's Return on Equity (8.5%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/17 15:49
End of Day Share Price 2026/07/17 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrea BelloliBanca Akros S.p.A. (ESN)
Vincenzo Antonio BuonoBanca Akros S.p.A. (ESN)
Alexander VirgoBofA Global Research