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doValue

DB:1DB
Snowflake Description

High growth potential second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1DB
DB
€825M
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

doValue S.p.A. primarily manages non-performing loans for banks, investors, and public and private financial institutions in Greece and Italy. The last earnings update was 70 days ago. More info.


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1DB Share Price and Events
7 Day Returns
6.2%
DB:1DB
5%
DE Diversified Financial
2.5%
DE Market
1 Year Returns
15.1%
DB:1DB
1.4%
DE Diversified Financial
2.6%
DE Market
1DB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
doValue (1DB) 6.2% -0.8% -17.6% 15.1% - -
DE Diversified Financial 5% 7% -5% 1.4% 75.8% 333.8%
DE Market 2.5% 0.2% 1% 2.6% 7.8% 23.7%
1 Year Return vs Industry and Market
  • 1DB outperformed the Diversified Financial industry which returned 1.4% over the past year.
  • 1DB outperformed the Market in Germany which returned 2.6% over the past year.
Price Volatility
1DB
Industry
5yr Volatility vs Market

1DB Value

 Is doValue 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 doValue 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 doValue.

DB:1DB Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 4 analysts.
= Stable Book Value * Return on Equity
= €4.52 * 25.8%
€1.16
Book Value of Equity per Share Weighted future Book Value estimates from 3 analysts. €4.52
Discount Rate (Cost of Equity) See below 9.4%
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:1DB
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 9%
Diversified Financial Unlevered Beta Simply Wall St/ S&P Global 0.72
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.72 (1 + (1- 24%) (55.5%))
1.015
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.02
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.015 * 9.02%)
9.39%

Discounted Cash Flow Calculation for DB:1DB using Excess Returns Model Model

The calculations below outline how an intrinsic value for doValue is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

DB:1DB Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (25.8% – 9.39%) * €4.52)
€0.74
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= €0.74 / (9.39% - 0.23%)
€8.08
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= €4.52 + €8.08
€12.59
DB:1DB Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:1DB represents 0.97897x of BIT:DOV
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.97897x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 12.59 x 0.97897
€12.33
Value per share (EUR) From above. €12.33
Current discount Discount to share price of €10.24
= -1 x (€10.24 - €12.33) / €12.33
16.9%

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

Current Discount
Amount off the current price doValue is available for.
Intrinsic value
17%
Share price is €10.24 vs Future cash flow value of €12.33
Current Discount Checks
For doValue to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • doValue's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • doValue's share price is below the future cash flow value, but not at a substantial discount (< 40%).
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 doValue's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are doValue's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:1DB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in EUR €0.42
BIT:DOV Share Price ** BIT (2019-10-11) in EUR €10.46
Germany Diversified Financial Industry PE Ratio Median Figure of 6 Publicly-Listed Diversified Financial Companies 27.82x
Germany Market PE Ratio Median Figure of 417 Publicly-Listed Companies 19.72x

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

** Primary Listing of doValue.

DB:1DB PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 10.46 ÷ 0.42

24.64x

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

  • doValue is good value based on earnings compared to the DE Diversified Financial industry average.
  • doValue is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does doValue's expected growth come at a high price?
Raw Data
DB:1DB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 24.64x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
42.5%per year
Europe Diversified Financial Industry PEG Ratio Median Figure of 13 Publicly-Listed Diversified Financial Companies 1.81x
Germany Market PEG Ratio Median Figure of 264 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

DB:1DB PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 24.64x ÷ 42.5%

0.58x

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

  • doValue is good value based on expected growth next year.
Price based on value of assets
What value do investors place on doValue's assets?
Raw Data
DB:1DB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in EUR €2.47
BIT:DOV Share Price * BIT (2019-10-11) in EUR €10.46
Germany Diversified Financial Industry PB Ratio Median Figure of 9 Publicly-Listed Diversified Financial Companies 3.77x
Germany Market PB Ratio Median Figure of 597 Publicly-Listed Companies 1.74x
DB:1DB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 10.46 ÷ 2.47

4.23x

* Primary Listing of doValue.

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

  • doValue is overvalued based on assets compared to the DE Diversified Financial industry average.
X
Value checks
We assess doValue'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 Diversified Financial 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 Diversified Financial industry average (and greater than 0)? (1 check)
  5. doValue 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.

1DB Future Performance

 How is doValue expected to perform in the next 1 to 3 years based on estimates from 4 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
42.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is doValue expected to grow at an attractive rate?
  • doValue's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • doValue's earnings growth is expected to exceed the Germany market average.
  • doValue's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:1DB Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:1DB Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 42.5%
DB:1DB Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 9.3%
Germany Diversified Financial Industry Earnings Growth Rate Market Cap Weighted Average 17.3%
Europe Diversified Financial Industry Revenue Growth Rate Market Cap Weighted Average 0.6%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*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:1DB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:1DB Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 382 135 1
2022-12-31 463 160 1
2021-12-31 508 177 98 3
2020-12-31 503 147 89 4
2019-12-31 356 73 42 4
2019-10-12
DB:1DB Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-06-30 192 15 34
2019-03-31 196 33 52
2018-12-31 189 33 51
2018-09-30 214 22 53
2018-06-30 202 25 46
2018-03-31 182 57 46
2017-12-31 181 57 45
2017-09-30 180 75 46
2017-06-30 182 247 55
2017-03-31 167 53
2016-12-31 153 190 53

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • doValue's earnings are expected to grow significantly at over 20% yearly.
  • doValue's revenue is expected to grow by 9.3% 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:1DB Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from doValue Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:1DB Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 1.26 1.37 1.09 4.00
2020-12-31 1.14 1.23 1.04 5.00
2019-12-31 0.53 0.55 0.50 3.00
2019-10-12
DB:1DB Past Financials Data
Date (Data in EUR Millions) EPS *
2019-06-30 0.42
2019-03-31 0.67
2018-12-31 0.65
2018-09-30 0.68
2018-06-30 0.60
2018-03-31 0.56
2017-12-31 0.58
2017-09-30 0.59
2017-06-30 0.77
2017-03-31 0.68
2016-12-31 0.67

*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.
  • doValue is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess doValue'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 Europe 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.
doValue has a total score of 5/6, 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.

1DB Past Performance

  How has doValue 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 doValue's growth in the last year to its industry (Diversified Financial).
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.
  • doValue has delivered over 20% year on year earnings growth in the past 5 years.
  • doValue's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • doValue's 1-year earnings growth is negative, it can't be compared to the Europe Diversified Financial industry average.
Earnings and Revenue History
doValue'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 doValue Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:1DB Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 191.74 33.82 152.08
2019-03-31 196.14 51.98 142.32
2018-12-31 189.25 50.84 137.88
2018-09-30 213.97 52.84 135.12
2018-06-30 202.45 46.38 127.31
2018-03-31 181.77 46.29 128.05
2017-12-31 180.86 45.38 127.77
2017-09-30 179.53 46.15 132.78
2017-06-30 182.22 55.22 128.64
2017-03-31 166.97 53.23 113.07
2016-12-31 152.60 52.68 97.29
2015-12-31 -176.03 -167.11 85.48
2014-12-31 -52.16 -25.81 105.67
2013-12-31 -765.23 -556.77 110.61

*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.
  • doValue has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • doValue used its assets less efficiently than the DE Diversified Financial industry average last year based on Return on Assets.
  • Unable to establish if doValue improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess doValue'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 Diversified Financial 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.
doValue has a total score of 1/6, 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.

1DB Health

 How is doValue'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 doValue's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • doValue is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • doValue's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of doValue'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.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.7x 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 doValue Company Filings, last reported 3 months ago.

DB:1DB Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 195.03 442.41 86.07
2019-03-31 204.54 0.00 34.06
2018-12-31 232.79 0.00 0.02
2018-09-30 214.53 0.00 36.98
2018-06-30 199.72 0.00 0.02
2018-03-31 183.90 0.00 23.87
2017-12-31 206.70 0.00 0.02
2017-09-30 186.20 0.05 0.03
2017-06-30 177.97 13.07 0.02
2017-03-31 163.76 8.07 0.02
2016-12-31 210.74 10.08 0.02
2015-12-31 159.19 175.13 0.00
2014-12-31 2,724.47 1.45 370.16
2013-12-31 2,776.61 0.00 511.42
  • doValue's level of debt (226.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 226.8% today).
  • Debt is not well covered by operating cash flow (3.3%, less than 20% of total debt).
  • Unable to confirm if the interest payments on doValue's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess doValue'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. doValue has a total score of 1/6, 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.

1DB Dividends

 What is doValue'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
4.4%
Current annual income from doValue dividends. Estimated to be 7.08% next year.
If you bought €2,000 of doValue shares you are expected to receive €88 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?
  • doValue's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.46%).
  • doValue's dividend is above the markets top 25% of dividend payers in Germany (3.86%).
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:1DB 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 4 Analyst Estimates (S&P Global) See Below
Europe Diversified Financial Industry Average Dividend Yield Market Cap Weighted Average of 32 Stocks 3.2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 337 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

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

DB:1DB Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.86 4.00
2020-12-31 0.77 5.00
2019-12-31 0.59 4.00
2019-10-12
DB:1DB Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-03-25 0.460 4.099
2018-03-29 0.394 3.722
2018-02-12 0.394 3.352

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

  • Whilst dividend payments have been stable, doValue has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but doValue only paid a dividend in the past 2 years.
Current Payout to shareholders
What portion of doValue's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.9x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.4x coverage).
X
Income/ dividend checks
We assess doValue's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 doValue afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. doValue has a total score of 3/6, see the detailed checks below.


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

1DB Management

 What is the CEO of doValue'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
Andrea Mangoni
AGE 56
TENURE AS CEO 3.5 years
CEO Bio

Mr. Andrea Mangoni serves as Chief Executive Officer and Director at doValue SpA (Former Name: doBank SpA) since April 2016 and March 2016 respectively. Mr. Mangoni serves as Member of Management Board at Telecom Personal S.A. He serves as an Independent Member of Management Board of Marguerite Adviser S.A. Mr. Mangoni served as the Managing Director of South American Business at Telecom Italia spA, from August 1, 2012 to April 30, 2013. Mr. Mangoni served as the President of TIM Participacoes S.A until February 4, 2013. He served as Chief Executive Officer of Tim Brasil Serviços e Participações S.A. He served as Chief Executive Officer of TIM Celular S.A. since May 14, 2012. He served as the South America Generala Manager of Telecom Italia spA from August 1, 2012 to April 30, 2013. He served as the Chief Financial Officer and Head of Administration, Finance, Control & International Development of Telecom Italia spA until September 25, 2012. He served as Chief Executive Officer and Member of Board of Executive Officers at TIM Participacoes S.A. from 2012 to February 4, 2013. He served as the Managing Director of Rete Trasmissione Locale SpA. He served as the Chief Executive Officer of ACEA S.p.A from November 2003 to March 2009. He served as the Head of Administration, Finance & Control at Telecom ItaliaspAsince December 2009. He served as South America General Manager of Telecom Italia spA from August 01, 2012 to April 2013. Mr. Mangoni joined the Telecom Italia Group on July 1, 2009, as Director of International Business at Telecom Italia spA From March 2003 to November 2003, he served as General Manager of Acea. From June 2001 to February 2003, he served as Chief Financial Officer at Telecom, responsible of strategies, finance, budget, economic planning and control, investor relations of Acea. Since 2002, Mr. Mangoni served as common representative of the Joint Venture among Acea, Electrabel and Energia Italiana which brought to the acquisition of Interpower, the third generation company sold by Enel. From January 2000 to May 2001, he was Strategic Planning Director of Acea. From January 1998 to December 1999, he worked as manager of the Finance Department of Acea and he was responsible of strategic planning. From 1996 to 1997 he served as President Assistant, responsible for the transformation process of Acea from municipal company into share capital company. Mr. Mangoni served at InterAmerican Development Bank (IDB). He serves as Chairman of Italfondiario spA He served as the Chairman of the Board at Telecom Italia Sparkle spA He has been an Independent Director at Prelios spA since May 8, 2013. He serves as a Director of Rete Trasmissione Locale SpA. He served as Director of Telecom Argentina S.A., from November 30, 2010 to March 8, 2016. He served as a Director of TIM Participacoes S.A. since March 24, 2010 until February 04, 2013. He served as an Independent Director of FINCANTIERI spA from June 2013 to November 9, 2015. He served as a Director of Telecom Italia Media SpA. from February 25, 2010 to October 05, 2012. He served as a Director of Acquedotto de Ferrari Galliera spA Mr. Mangoni graduated with a Bachelor Degree in Administration at the University of Rome in 1988 with a thesis on valuation and private financing of investments in public infrastructures.

CEO Compensation
  • Insufficient data for Andrea to compare compensation growth.
  • Insufficient data for Andrea to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team

Andrea Mangoni

TITLE
Group CEO
AGE
56
TENURE
3.5 yrs

Manuela Franchi

TITLE
Chief Financial Officer
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the doValue board of directors in years:

2.5
Average Tenure
50.5
Average Age
  • The average tenure for the doValue board of directors is less than 3 years, this suggests a new board.
Board of Directors

Giovanni Castellaneta

TITLE
Chairman of the Board
AGE
77
TENURE
4.8 yrs

Andrea Mangoni

TITLE
Group CEO
AGE
56
TENURE
3.6 yrs

Nunzio Guglielmino

TITLE
Director
AGE
73

Giovanni Lo Storto

TITLE
Director
AGE
49

Giovanni Dagnino

TITLE
Director
AGE
53
TENURE
1.5 yrs

Chiara Molon

TITLE
Chairman of Statutory Auditors
AGE
36

Francesco Colasanti

TITLE
Director
AGE
44
TENURE
4.8 yrs

Giuseppe Ranieri

TITLE
Director
AGE
45

Emanuela Da Rin

TITLE
Director
AGE
52
TENURE
1.5 yrs

Marella Idi Villa

TITLE
Director
AGE
42
TENURE
0.8 yrs
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 (€)
26. Aug 19 Sell Avio S.à r.l. Company 08. Aug 19 08. Aug 19 -5,000,000 €10.45 €-52,249,999
X
Management checks
We assess doValue'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. doValue 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.

1DB News

Simply Wall St News

1DB Company Info

Description

doValue S.p.A. primarily manages non-performing loans for banks, investors, and public and private financial institutions in Greece and Italy. The company operates through two segments, Customers and Business Lines. Its services include collection and recovery, due diligence, structuring, and co-investment. The company also provides ancillary products, including the collection, processing, and provision of commercial, real estate, and legal information relating to debtors, as well as the provision of legal services; and banking products. The company was formerly known as doBank S.p.A. and changed its name to doValue S.p.A. in June 2019. The company was founded in 2015 and is headquartered in Verona, Italy. doValue S.p.A. is a subsidiary of Avio S.à r.l.

Details
Name: doValue S.p.A.
1DB
Exchange: DB
Founded: 2015
€824,622,750
78,835,827
Website: http://www.dovalue.it
Address: doValue S.p.A.
Piazzetta Monte, 1,
Verona,
Verona, 37121,
Italy
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BIT DOV Ordinary Shares Borsa Italiana IT EUR 14. Jul 2017
DB 1DB Ordinary Shares Deutsche Boerse AG DE EUR 14. Jul 2017
LSE 0RTI Ordinary Shares London Stock Exchange GB EUR 14. Jul 2017
Number of employees
Current staff
Staff numbers
1,030
doValue employees.
Industry
Specialized Finance
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/10/12 23:16
End of day share price update: 2019/10/11 00:00
Last estimates confirmation: 2019/09/25
Last earnings filing: 2019/08/03
Last earnings reported: 2019/06/30
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.