Loading...

We've got a brand new version of Simply Wall St! Try it out

De'Longhi

DB:DLN
Snowflake Description

Flawless balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DLN
DB
€3B
Market Cap
  1. Home
  2. DE
  3. Consumer Durables
Company description

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. The last earnings update was 11 days ago. More info.


Add to Portfolio Compare Print
DLN Share Price and Events
7 Day Returns
7.1%
DB:DLN
0.5%
DE Consumer Durables
-0.3%
DE Market
1 Year Returns
-19.7%
DB:DLN
4%
DE Consumer Durables
10.4%
DE Market
DLN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
De'Longhi (DLN) 7.1% 4.1% 1.6% -19.7% -13.9% 10.8%
DE Consumer Durables 0.5% 5.1% 4.1% 4% -3% 13.6%
DE Market -0.3% 4.2% 12.4% 10.4% 13.9% 17.1%
1 Year Return vs Industry and Market
  • DLN underperformed the Consumer Durables industry which returned 4% over the past year.
  • DLN underperformed the Market in Germany which returned 10.4% over the past year.
Price Volatility
DLN
Industry
5yr Volatility vs Market

DLN Value

 Is De'Longhi undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of De'Longhi to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for De'Longhi.

DB:DLN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 6 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.7%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:DLN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 9%
Consumer Durables Unlevered Beta Simply Wall St/ S&P Global 0.81
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.812 (1 + (1- 24%) (15.61%))
0.938
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.94
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.938 * 9.02%)
8.69%

Discounted Cash Flow Calculation for DB:DLN using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for De'Longhi is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:DLN DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 8.69%)
2020 157.38 Analyst x5 144.79
2021 169.60 Analyst x5 143.56
2022 177.88 Est @ 4.88% 138.53
2023 184.09 Est @ 3.49% 131.90
2024 188.71 Est @ 2.51% 124.40
2025 192.15 Est @ 1.83% 116.54
2026 194.74 Est @ 1.35% 108.66
2027 196.71 Est @ 1.01% 100.98
2028 198.23 Est @ 0.78% 93.63
2029 199.45 Est @ 0.61% 86.67
Present value of next 10 years cash flows €1,189.00
DB:DLN DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €199.45 × (1 + 0.23%) ÷ (8.69% – 0.23%)
€2,361.77
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €2,361.77 ÷ (1 + 8.69%)10
€1,026.26
DB:DLN Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €1,189.00 + €1,026.26
€2,215.26
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €2,215.26 / 149.50
€14.82
DB:DLN Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:DLN represents 0.98435x of BIT:DLG
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.98435x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 14.82 x 0.98435
€14.59
Value per share (EUR) From above. €14.59
Current discount Discount to share price of €17.61
= -1 x (€17.61 - €14.59) / €14.59
-20.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of De'Longhi is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for De'Longhi's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are De'Longhi's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:DLN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in EUR €1.15
BIT:DLG Share Price ** BIT (2019-11-19) in EUR €17.89
Germany Consumer Durables Industry PE Ratio Median Figure of 8 Publicly-Listed Consumer Durables Companies 16.53x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 19.74x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of De'Longhi.

DB:DLN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BIT:DLG Share Price ÷ EPS (both in EUR)

= 17.89 ÷ 1.15

15.62x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • De'Longhi is good value based on earnings compared to the DE Consumer Durables industry average.
  • De'Longhi is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does De'Longhi's expected growth come at a high price?
Raw Data
DB:DLN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.62x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
4%per year
Germany Consumer Durables Industry PEG Ratio Median Figure of 5 Publicly-Listed Consumer Durables Companies 1x
Germany Market PEG Ratio Median Figure of 258 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

DB:DLN PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 15.62x ÷ 4%

3.9x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • De'Longhi is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on De'Longhi's assets?
Raw Data
DB:DLN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in EUR €7.10
BIT:DLG Share Price * BIT (2019-11-19) in EUR €17.89
Germany Consumer Durables Industry PB Ratio Median Figure of 12 Publicly-Listed Consumer Durables Companies 1.69x
Germany Market PB Ratio Median Figure of 578 Publicly-Listed Companies 1.88x
DB:DLN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BIT:DLG Share Price ÷ Book Value per Share (both in EUR)

= 17.89 ÷ 7.10

2.52x

* Primary Listing of De'Longhi.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • De'Longhi is overvalued based on assets compared to the DE Consumer Durables industry average.
X
Value checks
We assess De'Longhi's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Durables industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Durables industry average (and greater than 0)? (1 check)
  5. De'Longhi has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

DLN Future Performance

 How is De'Longhi expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is De'Longhi expected to grow at an attractive rate?
  • De'Longhi's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • De'Longhi's earnings growth is positive but not above the Germany market average.
  • De'Longhi's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:DLN Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:DLN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 4%
DB:DLN Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 4.5%
Germany Consumer Durables Industry Earnings Growth Rate Market Cap Weighted Average 14%
Germany Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 4.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.5%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:DLN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:DLN Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 2,456 192 1
2021-12-31 2,310 271 177 5
2020-12-31 2,218 254 168 6
2019-12-31 2,128 248 163 6
2019-11-19
DB:DLN Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-09-30 2,076 172 174
2019-06-30 2,064 160 171
2019-03-31 2,046 78 169
2018-12-31 2,072 189 184
2018-09-30 2,029 159 171
2018-06-30 2,004 237 178
2018-03-31 1,984 182 181
2017-12-31 1,967 204 180
2017-09-30 1,919 172 186
2017-06-30 1,885 185 176
2017-03-31 1,865 260 168
2016-12-31 1,840 247 168

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • De'Longhi's earnings are expected to grow by 4% yearly, however this is not considered high growth (20% yearly).
  • De'Longhi's revenue is expected to grow by 4.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:DLN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from De'Longhi Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:DLN Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 1.28 1.28 1.28 1.00
2021-12-31 1.19 1.25 1.14 4.00
2020-12-31 1.12 1.20 1.05 6.00
2019-12-31 1.10 1.14 1.05 5.00
2019-11-19
DB:DLN Past Financials Data
Date (Data in EUR Millions) EPS *
2019-09-30
2019-06-30 1.15
2019-03-31
2018-12-31 1.23
2018-09-30
2018-06-30 1.18
2018-03-31
2017-12-31 1.20
2017-09-30
2017-06-30 1.18
2017-03-31
2016-12-31 1.12

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • De'Longhi is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess De'Longhi's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
De'Longhi has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

DLN Past Performance

  How has De'Longhi performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare De'Longhi's growth in the last year to its industry (Consumer Durables).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • De'Longhi's year on year earnings growth rate has been positive over the past 5 years.
  • De'Longhi's 1-year earnings growth is less than its 5-year average (1.6% vs 7.4%)
  • De'Longhi's earnings growth has exceeded the DE Consumer Durables industry average in the past year (1.6% vs -18.6%).
Earnings and Revenue History
De'Longhi's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from De'Longhi Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:DLN Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 2,075.68 173.69 529.96
2019-06-30 2,063.90 170.81 524.20
2019-03-31 2,046.08 168.89 527.16
2018-12-31 2,072.28 183.89 526.56
2018-09-30 2,028.61 171.03 506.86
2018-06-30 2,004.39 178.19 513.64
2018-03-31 1,984.21 180.63 508.26
2017-12-31 1,966.71 179.73 506.66
2017-09-30 1,919.42 186.25 473.94
2017-06-30 1,885.09 175.68 490.01
2017-03-31 1,864.92 168.35 469.54
2016-12-31 1,840.12 167.65 467.14
2016-09-30 1,827.80 159.13 444.61
2016-06-30 1,865.34 161.56 448.97
2016-03-31 1,875.40 156.93 442.61
2015-12-31 1,883.50 149.53 440.61
2015-09-30 1,845.89 134.83 211.85
2015-06-30 1,808.25 130.94 318.38
2015-03-31 1,748.29 126.83 125.75
2014-12-31 1,717.99 126.53 200.65
2014-09-30 1,668.28 114.12 303.76
2014-06-30 1,646.28 118.21 193.21
2014-03-31 1,629.68 114.82 308.56
2013-12-31 1,607.08 116.92 193.66
2013-09-30 1,554.98 111.89 257.52
2013-06-30 1,536.40 117.74 273.42
2013-03-31 1,515.88 114.89 320.22
2012-12-31 1,518.08 118.39 350.82

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • De'Longhi has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • De'Longhi used its assets more efficiently than the DE Consumer Durables industry average last year based on Return on Assets.
  • De'Longhi's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess De'Longhi's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Durables industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
De'Longhi has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

DLN Health

 How is De'Longhi's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up De'Longhi's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • De'Longhi is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • De'Longhi's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of De'Longhi's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from De'Longhi Company Filings, last reported 1 month ago.

DB:DLN Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 1,103.50 341.40 464.50
2019-06-30 1,060.83 343.65 473.26
2019-03-31 1,097.60 376.00 542.40
2018-12-31 1,065.93 395.44 613.26
2018-09-30 958.50 394.90 400.30
2018-06-30 937.81 362.20 490.00
2018-03-31 1,042.10 432.20 673.30
2017-12-31 1,021.73 422.11 668.25
2017-09-30 935.40 429.60 490.30
2017-06-30 916.11 328.38 446.49
2017-03-31 1,033.70 170.20 477.10
2016-12-31 1,014.05 184.11 461.43
2016-09-30 886.20 178.00 328.90
2016-06-30 867.95 176.16 335.41
2016-03-31 901.60 170.10 355.70
2015-12-31 905.86 187.87 357.91
2015-09-30 823.40 161.20 211.90
2015-06-30 818.09 197.58 276.87
2015-03-31 890.10 162.00 260.40
2014-12-31 786.15 352.50 388.53
2014-09-30 703.00 219.80 111.30
2014-06-30 643.66 182.32 117.42
2014-03-31 679.30 348.30 282.80
2013-12-31 669.94 292.04 263.93
2013-09-30 621.90 272.50 148.30
2013-06-30 609.15 309.38 211.24
2013-03-31 659.90 352.70 245.40
2012-12-31 630.54 316.74 244.00
  • De'Longhi's level of debt (29.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (31% vs 29.3% today).
  • Debt is well covered by operating cash flow (53.2%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 608.5x coverage).
X
Financial health checks
We assess De'Longhi's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. De'Longhi has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

DLN Dividends

 What is De'Longhi's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.07%
Current annual income from De'Longhi dividends. Estimated to be 2.25% next year.
If you bought €2,000 of De'Longhi shares you are expected to receive €41 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • De'Longhi's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.35%).
  • De'Longhi's dividend is below the markets top 25% of dividend payers in Germany (3.72%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:DLN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
Germany Consumer Durables Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 3.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 335 Stocks 2.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.3%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:DLN Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.46 1.00
2021-12-31 0.42 5.00
2020-12-31 0.40 6.00
2019-12-31 0.38 6.00
2019-11-19
DB:DLN Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-04-09 0.370 2.027
2019-03-14 0.370 1.554
2018-04-06 1.000 4.088
2018-03-01 1.000 4.086
2017-04-18 0.800 2.997
2016-03-21 0.440 1.978
2016-03-03 0.440 2.142
2015-03-30 0.410 1.848
2015-03-03 0.410 2.031
2014-04-15 0.400 2.543
2014-03-10 0.400 2.516
2013-03-27 0.290 2.391
2013-03-11 0.290 2.303
2012-04-02 0.330 3.351
2012-03-06 0.330 3.597
2011-03-03 0.146 1.911
2010-04-06 0.080 1.940
2010-03-12 0.080 2.524
2009-03-12 0.060 2.624

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of De'Longhi's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.6x coverage).
X
Income/ dividend checks
We assess De'Longhi's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can De'Longhi afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. De'Longhi has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

DLN Management

 What is the CEO of De'Longhi's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Fabio De'Longhi
COMPENSATION €1,287,400
TENURE AS CEO 14.4 years
CEO Bio

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.A. Mr. De'Longhi has been an Executive Director at De' Longhi S.p.A. since January 2007. He served as a Director of DeLclima S.p.A. since January 25, 2013 until December 25th 2015.

CEO Compensation
  • Fabio's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Fabio's remuneration is lower than average for companies of similar size in Germany.
Management Team

Giuseppe De’Longhi

TITLE
Chairman
COMPENSATION
€1M

Fabio De'Longhi

TITLE
Vice Chairman & CEO
COMPENSATION
€1M
TENURE
14.4 yrs

Fabrizio Micheli

TITLE
Finance Director and IRM
Board of Directors Tenure

Average tenure of the De'Longhi board of directors in years:

12.8
Average Tenure
  • The average tenure for the De'Longhi board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Fabio De'Longhi

TITLE
Vice Chairman & CEO
COMPENSATION
€1M

Alberto Clô

TITLE
Independent Non-Executive Director
COMPENSATION
€59K
AGE
72
TENURE
12.8 yrs

Giuseppe De’Longhi

TITLE
Chairman
COMPENSATION
€1M

Cesare Conti

TITLE
Chairman of Board of Statutory Auditors

Renato Corrada

TITLE
Independent Non-Executive Director
COMPENSATION
€55K
TENURE
12.8 yrs

Silvio Sartori

TITLE
Non-Executive Director
COMPENSATION
€51K
TENURE
12.8 yrs

Giorgio Sandri

TITLE
Non-Executive Director
COMPENSATION
€45K
TENURE
12.8 yrs

Carlo Garavaglia

TITLE
Non-Executive Director
COMPENSATION
€53K

Silvia De’Longhi

TITLE
Non-Executive Director
COMPENSATION
€45K
TENURE
12.3 yrs

Maria Pagni

TITLE
Independent Non-Executive Director
COMPENSATION
€54K
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess De'Longhi's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. De'Longhi has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

DLN News

Simply Wall St News

DLN Company Info

Description

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 segments: Europe; Asia, Pacific, America; and Middle East, India and Africa. The company offers coffee machines, personal care products, household products, and watches, as well as electronic household solutions for kitchen and baby care sectors; and portable heaters. De'Longhi S.p.A. provides its products primarily under the De’Longhi, Kenwood, Braun, Nespresso, and Ariete brands. The company is headquartered in Treviso, Italy. De'Longhi S.p.A. is a subsidiary of De Longhi Industrial S.A.

Details
Name: De'Longhi S.p.A.
DLN
Exchange: DB
Founded:
€2,674,555,000
149,500,000
Website: http://www.delonghigroup.com
Address: De'Longhi S.p.A.
Via Lodovico Seitz 47,
Treviso,
Treviso, 31100,
Italy
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BIT DLG Ordinary Shares Borsa Italiana IT EUR 24. Jul 2001
OTCPK DELH.F Ordinary Shares Pink Sheets LLC US USD 24. Jul 2001
DB DLN Ordinary Shares Deutsche Boerse AG DE EUR 24. Jul 2001
LSE 0E5M Ordinary Shares London Stock Exchange GB EUR 24. Jul 2001
BATS-CHIXE DLGM Ordinary Shares BATS 'Chi-X Europe' GB EUR 24. Jul 2001
Number of employees
Current staff
Staff numbers
8,178
De'Longhi employees.
Industry
Household Appliances
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/19 20:47
End of day share price update: 2019/11/19 00:00
Last estimates confirmation: 2019/11/11
Last earnings filing: 2019/11/08
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.