Stock Analysis
Digital Value (BIT:DGV) First Half 2024 Results
Key Financial 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.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Digital Value Earnings Insights
Looking ahead, 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.
Performance of the Italian IT industry.
The company's shares are up 6.8% from a week ago.
Valuation
Our analysis of Digital Value based on 6 different valuation metrics shows it might be undervalued. Click here to find out what a fair price for the stock might be and where analysts see the share price heading over the next year.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About BIT:DGV
Digital Value
Provides IT solutions and services in Italy.
