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DGV

Digital Value BIT:DGV Stock Report

Last Price

€69.10

Market Cap

€688.9m

7D

0.9%

1Y

-24.8%

Updated

15 Aug, 2022

Data

Company Financials +
DGV fundamental analysis
Snowflake Score
Valuation5/6
Future Growth5/6
Past Performance1/6
Financial Health4/6
Dividends0/6

DGV Stock Overview

Digital Value S.p.A. provides technology and service solutions to the telecommunications, utilities, finance, automotive, defense and security, and IT services and solutions sectors in Italy.

Digital Value Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Digital Value
Historical stock prices
Current Share Price€69.10
52 Week High€120.40
52 Week Low€53.90
Beta0.71
1 Month Change20.59%
3 Month Change-4.69%
1 Year Change-24.81%
3 Year Change334.59%
5 Year Changen/a
Change since IPO545.79%

Recent News & Updates

Jul 24
Calculating The Fair Value Of Digital Value S.p.A. (BIT:DGV)

Calculating 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...

Jul 02
Be Wary Of Digital Value (BIT:DGV) And Its Returns On Capital

Be Wary Of Digital Value (BIT:DGV) And Its Returns On Capital

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

Jan 20
Digital Value (BIT:DGV) Is Aiming To Keep Up Its Impressive Returns

Digital Value (BIT:DGV) Is Aiming To Keep Up Its Impressive Returns

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

Shareholder Returns

DGVIT ITIT Market
7D0.9%7.0%1.7%
1Y-24.8%-36.9%-16.0%

Return vs Industry: DGV exceeded the Italian IT industry which returned -36.9% over the past year.

Return vs Market: DGV underperformed the Italian Market which returned -16% over the past year.

Price Volatility

Is DGV's price volatile compared to industry and market?
DGV volatility
DGV Average Weekly Movement5.0%
IT Industry Average Movement5.2%
Market Average Movement4.9%
10% most volatile stocks in IT Market7.7%
10% least volatile stocks in IT Market3.1%

Stable Share Price: DGV is not significantly more volatile than the rest of Italian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: DGV's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a326Massimo Rossihttps://www.digitalvalue.it

Digital Value S.p.A. provides technology and service solutions to the telecommunications, utilities, finance, automotive, defense and security, and IT services and solutions sectors in Italy. It offers security, Internet of Things, cloud, business applications, digital transformation, artificial intelligence, analytics, cognitive big data, and unified collaboration and digital workplace solutions, as well as networking, technology, managed, test, monitoring, and e-visibility solutions. The company is headquartered in Milan, Italy.

Digital Value Fundamentals Summary

How do Digital Value's earnings and revenue compare to its market cap?
DGV fundamental statistics
Market Cap€688.90m
Earnings (TTM)€30.13m
Revenue (TTM)€557.78m

22.9x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DGV income statement (TTM)
Revenue€557.78m
Cost of Revenue€499.66m
Gross Profit€58.12m
Other Expenses€27.99m
Earnings€30.13m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)3.02
Gross Margin10.42%
Net Profit Margin5.40%
Debt/Equity Ratio62.7%

How did DGV perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is DGV undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DGV?

Other financial metrics that can be useful for relative valuation.

DGV key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.2x
Enterprise Value/EBITDA12.2x
PEG Ratio1.1x

Price to Earnings Ratio vs Peers

How does DGV's PE Ratio compare to its peers?

DGV PE Ratio vs Peers
The above table shows the PE ratio for DGV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average27.2x
REY Reply
33x12.7%€5.1b
SPN Spindox
24.3x31.9%€64.8m
SOU Sourcesense
24.7xn/a€35.1m
RETI Reti
26.6xn/a€28.7m
DGV Digital Value
22.9x21.0%€688.9m

Price-To-Earnings vs Peers: DGV is good value based on its Price-To-Earnings Ratio (22.9x) compared to the peer average (27.2x).


Price to Earnings Ratio vs Industry

How does DGV's PE Ratio compare vs other companies in the European IT Industry?

Price-To-Earnings vs Industry: DGV is good value based on its Price-To-Earnings Ratio (22.9x) compared to the Italian IT industry average (24.5x)


Price to Earnings Ratio vs Fair Ratio

What is DGV's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DGV PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22.9x
Fair PE Ratio33.6x

Price-To-Earnings vs Fair Ratio: DGV is good value based on its Price-To-Earnings Ratio (22.9x) compared to the estimated Fair Price-To-Earnings Ratio (33.6x).


Share Price vs Fair Value

What is the Fair Price of DGV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DGV (€69.1) is trading below our estimate of fair value (€69.57)

Significantly Below Fair Value: DGV is trading below fair value, but not by a significant amount.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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Future Growth

How is Digital Value forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


21.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DGV's forecast earnings growth (21% per year) is above the savings rate (1.7%).

Earnings vs Market: DGV's earnings (21% per year) are forecast to grow faster than the Italian market (8.3% per year).

High Growth Earnings: DGV's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: DGV's revenue (15.2% per year) is forecast to grow faster than the Italian market (-0.1% per year).

High Growth Revenue: DGV's revenue (15.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: DGV's Return on Equity is forecast to be high in 3 years time (23.2%)


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Past Performance

How has Digital Value performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


25.0%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: DGV has a high level of non-cash earnings.

Growing Profit Margin: DGV's current net profit margins (5.4%) are lower than last year (5.4%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if DGV's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare DGV's past year earnings growth to its 5-year average.

Earnings vs Industry: DGV earnings growth over the past year (25%) underperformed the IT industry 26.9%.


Return on Equity

High ROE: DGV's Return on Equity (23.7%) is considered high.


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Financial Health

How is Digital Value's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: DGV's short term assets (€469.6M) exceed its short term liabilities (€334.5M).

Long Term Liabilities: DGV's short term assets (€469.6M) exceed its long term liabilities (€75.9M).


Debt to Equity History and Analysis

Debt Level: DGV has more cash than its total debt.

Reducing Debt: Insufficient data to determine if DGV's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: DGV's debt is not well covered by operating cash flow (19%).

Interest Coverage: DGV's interest payments on its debt are well covered by EBIT (62.3x coverage).


Balance Sheet


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Dividend

What is Digital Value current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate DGV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DGV's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if DGV's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DGV's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as DGV has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

1.6yrs

Average board tenure


CEO

Massimo Rossi

no data

Tenure

Mr. Massimo Rossi serves as Executive Chairman, President and Chief Executive Officer at Digital Value S.p.A. Mr. Rossi served as Purchasing manager of a group formed by the companies Alenia S.p.A., Otomel...


Board Members

Experienced Board: DGV's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Digital Value S.p.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Digital Value S.p.A.
  • Ticker: DGV
  • Exchange: BIT
  • Founded: NaN
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Implied Market Cap: €688.898m
  • Shares outstanding: 9.97m
  • Website: https://www.digitalvalue.it

Number of Employees


Location

  • Digital Value S.p.A.
  • Via Galileo Galilei, 7
  • Milan
  • Milan
  • 20124
  • Italy

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/15 00:00
End of Day Share Price2022/08/12 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.