De'Longhi
Market Cap
€2.6b
Last Updated
2019/10/22 20:40 UTC
Data Sources
Company Financials +
Executive Summary
De'Longhi S.p.A., through its subsidiaries, produces and distributes small appliances for food preparation and cooking, domestic cleaning and ironing, and air conditioning.
Snowflake
Fundamentals
Excellent balance sheet average dividend payer.
Similar Companies
Share Price & News
How has De'Longhi's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
0.8%
DLG
0.7%
IT Consumer Durables
0.6%
IT Market
1 Year Return
-31.8%
DLG
-27.1%
IT Consumer Durables
15.3%
IT Market
Return vs Industry: DLG underperformed the Italian Consumer Durables industry which returned -27.1% over the past year.
Return vs Market: DLG underperformed the Italian Market which returned 15.3% over the past year.
Shareholder returns
| DLG | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.8% | 0.7% | 0.6% |
| 30 Day | -6.7% | -5.4% | 1.0% |
| 90 Day | 0.6% | -0.6% | 1.0% |
| 1 Year | -30.5%-31.8% | -25.6%-27.1% | 20.6%15.3% |
| 3 Year | -12.7%-20.2% | -4.2%-12.2% | 27.0%8.2% |
| 5 Year | 32.1%15.7% | 36.8%19.1% | 21.3%-26.1% |
Price Volatility Vs. Market
How volatile is De'Longhi's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
Is De'Longhi S.p.A.'s (BIT:DLG) 16% ROE Strong Compared To Its Industry?2 weeks ago | Simply Wall St
De'Longhi S.p.A. (BIT:DLG): Should The Recent Earnings Drop Worry You?3 weeks ago | Simply Wall St
Should De'Longhi S.p.A. (BIT:DLG) Be Part Of Your Dividend Portfolio?Valuation
Is De'Longhi undervalued compared to its fair value and its price relative to the market?
15.21x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: DLG (€17.42) is trading above our estimate of fair value (€14.71)
Significantly Below Fair Value: DLG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DLG is poor value based on its PE Ratio (15.2x) compared to the Consumer Durables industry average (14.2x).
PE vs Market: DLG is good value based on its PE Ratio (15.2x) compared to the Italian market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: DLG is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: DLG is overvalued based on its PB Ratio (2.5x) compared to the IT Consumer Durables industry average (1.9x).
Next Steps
Future Growth
How is De'Longhi forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
6.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DLG's forecast earnings growth (6.8% per year) is above the savings rate (2.9%).
Earnings vs Market: DLG's earnings (6.8% per year) are forecast to grow slower than the Italian market (8.4% per year).
High Growth Earnings: DLG's earnings are forecast to grow, but not significantly.
Revenue vs Market: DLG's revenue (4.9% per year) is forecast to grow faster than the Italian market (3% per year).
High Growth Revenue: DLG's revenue (4.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DLG's Return on Equity is forecast to be low in 3 years time (14.1%).
Next Steps
Past Performance
How has De'Longhi performed over the past 5 years?
8.4%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: DLG's earnings have grown by 8.4% per year over the past 5 years.
Accelerating Growth: DLG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DLG had negative earnings growth (-4.1%) over the past year, making it difficult to compare to the Consumer Durables industry average (-0.4%).
Return on Equity
High ROE: DLG's Return on Equity (16.1%) is considered low.
Return on Assets
ROA vs Industry: DLG has a higher Return on Assets than the Consumer Durables industry average last year.
Return on Capital Employed
ROCE Improving: DLG's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is De'Longhi's financial position?
Financial Position Analysis
Short Term Liabilities: DLG's short term assets (€1.3B) exceeds its short term liabilities (€572.8M)
Long Term Liabilities: DLG's short term assets (1.3B) exceeds its long term liabilities (383.4M)
Debt to Equity History and Analysis
Debt Level: DLG's debt to equity ratio (32.4%) is considered satisfactory
Reducing Debt: DLG's debt to equity ratio has increased from 28.4% to 32.4% over the past 5 years.
Debt Coverage: DLG's debt is well covered by operating cash flow (46.5%).
Interest Coverage: DLG's interest payments on its debt are well covered by EBIT (79x coverage).
Balance Sheet
Inventory Level: DLG has a high level of physical assets or inventory.
Debt Coverage by Assets: DLG's debt is covered by short term assets (assets are 3.785770x debt).
Next Steps
Dividend
What is De'Longhi's current dividend yield, its reliability and sustainability?
2.12%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: DLG's dividend (2.12%) is higher than the bottom 25% of dividend payers in the Italian market (2.08%).
High Dividend: DLG's dividend (2.12%) is low compared to the top 25% of dividend payers in the Italian market (4.4%).
Stable Dividend: DLG's dividend payments have been volatile in the past 10 years.
Growing Dividend: DLG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.3%), DLG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DLG's dividends in 3 years are forecast to be covered by earnings (51.6% payout ratio).
Next Steps
Management
What is the CEO of De'Longhi's salary, the management and board of directors tenure and is there insider trading?
12.8yrs
Average board tenure
CEO
Fabio De'Longhi 0
14.3yrs
Tenure
€1,287,400
Compensation
Mr. Fabio De'Longhi has been the Chief Executive Officer of De' Longhi S.p.A. since June 27, 2005. Mr. De'Longhi served as Vice-President of De' Longhi S.p.A. He serves as a Vice Chairman of De' Longhi S.p ...
CEO Compensation Analysis
Compensation vs. Market: Fabio's total compensation ($USD0.00) is too low to compare against companies of similar size in the Italian market ($USD0.00).
Compensation vs Earnings: Fabio's compensation has been consistent with company performance over the past year.
Board Age and Tenure
12.8yrs
Average Tenure
Experienced Board: DLG's board of directors are seasoned and experienced ( 12.8 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Giuseppe De’Longhi
Chairman
- Tenure: 0yrs
- Compensation: €1.30m
Fabio De'Longhi
Vice Chairman & CEO
- Tenure: 14.3yrs
- Compensation: €1.29m
Fabrizio Micheli
Finance Director and IRM
- Tenure: 0yrs
Board Members
Giuseppe De’Longhi
Chairman
- Tenure: 0yrs
- Compensation: €1.30m
Fabio De'Longhi
Vice Chairman & CEO
- Tenure: 14.3yrs
- Compensation: €1.29m
Alberto Clô (72yo)
Independent Non-Executive Director
- Tenure: 12.8yrs
- Compensation: €58.50k
Renato Corrada
Independent Non-Executive Director
- Tenure: 12.8yrs
- Compensation: €55.00k
Silvio Sartori
Non-Executive Director
- Tenure: 12.8yrs
- Compensation: €51.00k
Giorgio Sandri
Non-Executive Director
- Tenure: 12.8yrs
- Compensation: €45.00k
Carlo Garavaglia
Non-Executive Director
- Tenure: 0yrs
- Compensation: €53.00k
Silvia De’Longhi
Non-Executive Director
- Tenure: 12.3yrs
- Compensation: €45.00k
Cesare Conti
Chairman of Board of Statutory Auditors
- Tenure: 0yrs
Maria Pagni
Independent Non-Executive Director
- Tenure: 0yrs
- Compensation: €54.00k
Company Information
De'Longhi S.p.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: De'Longhi S.p.A.
- Ticker: DLG
- Exchange: BIT
- Founded:
- Industry: Household Appliances
- Sector: Consumer Durables
- Market Cap: €2.604b
- Shares outstanding: 149.50m
- Website: https://www.delonghigroup.com
Number of Employees
Location
- De'Longhi S.p.A.
- Via Lodovico Seitz 47
- Treviso
- Treviso
- 31100
- Italy
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| DELH.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jul 2001 |
| DLG | BIT (Borsa Italiana) | Yes | Ordinary Shares | IT | EUR | Jul 2001 |
| DLN | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jul 2001 |
| 0E5M | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Jul 2001 |
| DLGM | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Jul 2001 |
Biography
De'Longhi S.p.A., through its subsidiaries, produces and distributes small appliances for food preparation and cooking, domestic cleaning and ironing, and air conditioning. It operates through three segmen ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/22 20:40 |
| End of Day Share Price | 2019/10/22 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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 here.