- €1.09bn
- €1.20bn
- €874.96m
Growth & Value
| 12m Forecast Rolling | Industry | Market | |
|---|---|---|---|
| PE Ratio (f) | 12.63 | ||
| PEG Ratio (f) | 0.92 | ||
| EPS Growth (f) | 15.9% | ||
| Dividend Yield (f) | 2.09% | ||
| Valuation (ttm) | Industry | Market | |
|---|---|---|---|
| Price to Book Value | 1.08 | ||
| Price to Tang. Book | 1.32 | ||
| Price to Free Cashflow | n/a | ||
| Price to Sales | 1.25 | ||
| EV to EBITDA | 7.08 | ||
Shareholder Activity
| Type | Buy / Hold / Sell |
|---|---|
| Institutions | |
| Directors | |
| Community |
Guru Screens
Quality
| Name | Industry | Market | |
|---|---|---|---|
| Return on Capital | 11.82% | ||
| Return on Equity | 7.71% | ||
| Operating Margin | 15.28% | ||
Financial Summary
| Year End 31st Dec | Unit | 2021 | 2022 | 2023 | 2024 | 2025 | 2026E | 2027E | CAGR / Avg |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | €m | 615.88 | 852.83 | 856.41 | 862.61 | 874.96 | 887.91 | 987.58 | 11.87% |
| Operating Profit | m | ||||||||
| Net Profit | m | ||||||||
| EPS Reported | |||||||||
| Diluted Normalised EPS | |||||||||
| EPS Growth | % | +113.05 | +55.45 | +104.99 | -61.38 | +3.85 | -18.01 | +23.08 | n/a |
| PE Ratio | x | ||||||||
| PEG | |||||||||
| Profitability | |||||||||
| Operating Margin | % | ||||||||
| ROA | % | ||||||||
| ROCE | % | ||||||||
| ROE | % | ||||||||
| Cashflow | |||||||||
| Op. Cashflow ps | |||||||||
| Capex ps | |||||||||
| Free Cashflow ps | |||||||||
| Dividends | |||||||||
| Dividend ps | |||||||||
| Dividend Growth | % | ||||||||
| Dividend Yield | % | ||||||||
| Dividend Cover | x | ||||||||
| Balance Sheet | |||||||||
| Cash etc | m | ||||||||
| Working Capital | m | ||||||||
| NFA | m | ||||||||
| Net Debt | m | ||||||||
| Book Value | m | ||||||||
| Diluted Weighted Average Shares | m | ||||||||
| Book Value ps | |||||||||
Other Ratios
| Leverage (ttm) | Total | - Intang | + Pension |
|---|---|---|---|
| Gross Gearing | |||
| Net Gearing | |||
| Cash / Assets |
| Liquidity (ttm) | |
|---|---|
| Curr. Ratio | |
| Quick Ratio | |
| Interest Cov. | |
| Efficiency (ttm) | |
|---|---|
| Asset Turnover | |
| Recs Turnover | |
| Stock Turnover | |
Recent History
| Latest interim period vs. prior period | Industry | Market | |
|---|---|---|---|
| Sales Growth | |||
| EPS Growth | |||
| 3yr Compound Annual Growth Rate | Industry | Market | |
|---|---|---|---|
| Sales CAGR | |||
| EPS CAGR | |||
| DPS CAGR | |||
Profile Summary
Industrie De Nora Spa is an Italy-based company, which operate as a provider of electrodes, coatings and complete solutions for electrochemical processes. The Company serves diversified markets, including electronics, energy, marine, corrosion prevention, bleaching chemicals, mining, pools, professional cleaning, as well as renewable energy storage and the food industry, among others. In addition, Industrie De Nora Spa also provides technologies and processes for water and wastewater treatment. The Company’s product portfolio includes brine systems, filtration, seawater systems, ozone generation, anodes, cathodes, electrolyzes, trace contaminant removal solutions and marine sewage treatment, among others.
Directors
- Mario Cesari NED (58)
- Michelangelo Mantero NED (57)
- Federico De Nora NEC (58)
- Paolo Dellacha CEO (57)
- Luca Oglialoro CFO (54)
- Maria Calloni NID (61)
- Luca Passa NED (53)
- Maria Giannelli NED (53)
- Last Annual
- December 31st, 2025
- Last Interim
- September 30th, 2026
- Incorporated
- January 1st, 1970
- Public Since
- June 30th, 2022
- No. of Employees
- 2,014
- Sector
- Machinery, Equipment & Components
- Industry
- Industrials
- Exchange
Borsa Italiana
- Shares in Issue
- 198,797,238

- Address
- Via Leonardo Bistolfi, 35, MILANO, 20134
- Web
- https://www.denora.com/
- Phone
- Contact
- Chiara Locati
- Auditors
- PricewaterhouseCoopers SpA
Latest News for DNR
Upcoming Events for DNR
Full Year 2026 Industrie De Nora S.p.A. Earnings Release
Half Year 2027 Industrie De Nora S.p.A. Earnings Release
Industrie De Nora S.p.A. Annual Shareholders Meeting
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FAQ
As of Today at 20:18 UTC, shares in Industrie De Nora are trading at €5.50. This share price information is delayed by 15 minutes.
Shares in Industrie De Nora last closed at €5.50 and the price had moved by -28.15% over the past 365 days. In terms of relative price strength the Industrie De Nora share price has underperformed the FTSE Global All Cap Index by -37.44% over the past year.
The overall consensus recommendation for Industrie De Nora is Buy. You can view the full broker recommendation list by unlocking its StockReport.
Find out moreThe Industrie De Nora dividend yield is 1.87% based on the trailing twelve month period.
Last year, Industrie De Nora paid a total dividend of €0.10, and it currently has a trailing dividend yield of 1.87%. We do not have any data on when Industrie De Nora is to next pay dividends.
We do not have data on when Industrie De Nora is to next pay dividends. The historic dividend yield on Industrie De Nora shares is currently 1.87%.
To buy shares in Industrie De Nora you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
As of the previous close price of €5.50, shares in Industrie De Nora had a market capitalisation of €1.09bn.
Here are the trading details for Industrie De Nora:
- Country of listing: Italy
- Exchange: MIL
- Ticker Symbol: DNR
Based on an overall assessment of its quality, value and momentum Industrie De Nora is currently classified as a Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
The analyst consensus target price for shares in Industrie De Nora is €8.30. That is 50.91% above the last closing price of €5.50.
Analysts covering Industrie De Nora currently have a consensus Earnings Per Share (EPS) forecast of €0.36 for the next financial year.
Find out moreAn important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Industrie De Nora. Over the past six months, its share price has underperformed the FTSE Global All Cap Index by -28.66%.
As of the last closing price of €5.50, shares in Industrie De Nora were trading -15.27% below their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The Industrie De Nora PE ratio based on its reported earnings over the past 12 months is 12.63. The shares last closed at €5.50.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Industrie De Nora's management team is headed by:
- Mario Cesari - NED
- Michelangelo Mantero - NED
- Federico De Nora - NEC
- Paolo Dellacha - CEO
- Luca Oglialoro - CFO
- Maria Calloni - NID
- Luca Passa - NED
- Maria Giannelli - NED





