Industrie De Nora S.p.A. (DNR.MI)
Milan, MI, IT
Industrie De Nora S.p.A., through its global subsidiaries, specializes in providing advanced catalytic coatings and durable insoluble electrodes for a wide range of electrochemical and industrial applications. Its extensive product catalog features analyzers, detectors, specialized anodes (for chlorine and oxygen evolution), cathodes (for hydrogen evolution), various disinfection and electro-chlorination systems, components for cathodic protection, sophisticated filtration solutions, gas diffusion electrodes, MEA, catalysts, membrane technologies, and contaminant removal systems. Beyond products, the company offers comprehensive support services, including engineering design, remote technical assistance, repair and analytical services, specialized training, electrode recoating, and the supply of essential spare parts. These innovative solutions are crucial for numerous critical processes, such as ballast water management, battery production, chlor-alkali processes, cooling and fire protection water treatment, copper foil electrodeposition, fuel cell development, hydrogen generation through water electrolysis, HCL electrolysis, marine and offshore wastewater treatment, pool disinfection, printed circuit board manufacturing, salt splitting, sodium chlorate production, surface disinfection, and diverse surface finishing, plating, and galvanizing operations, alongside general wastewater treatment and water reuse/reclamation. Industrie De Nora serves a diverse global clientele, encompassing commercial and institutional organizations, participants in the energy transition, engineering and construction firms, original equipment manufacturers (OEMs), food and beverage producers, industrial operations, marine sectors, mining and metal recovery, municipal drinking water and wastewater utilities, offshore and onshore oil and gas, power generation, pulp and paper, steel manufacturing, utilities, NGOs, and relief organizations, as well as specialized surface finishing industries. Established in Milan, Italy, in 1923, Industrie De Nora S.p.A. operates as a subsidiary of Federico De Nora S.P.A.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +1.31% | -11.15% | +19.85% | -0.36% | -4.06% | -4.71% | +1.23% | -62.20% | -45.93% | -45.93% | -45.93% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 3 | 0 |
| Hold | 3 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Chemicals - Specialty: +4.7%+1.4% Q1'26: -10.9% (vs Q1'25)
-
EPS growth Chemicals - Specialty: +13.2%+283.3% ★ Q1'26: +14.8% (vs Q1'25)
-
FCF margin FCF growth · Chemicals - Specialty: +44.1%+8.5% Q1'26: -47.1% (vs Q1'25)
-
EBIT margin Chemicals - Specialty: +8.8%+14.6% ★ Q1'26: +12.8% (vs Q1'25)
-
ROIC Chemicals - Specialty: +5.6%+10.1% ★ Q1'26: +6.4% (vs Q1'25)
-
Share dilution Chemicals - Specialty: +0.1%-74.3% ★ Q1'26: +0.1% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Chemicals - Specialty: 0.18×0.23× ★ Q1'26: 0.74× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 3 Rev. Ana. 3 EPS Ana. |
Dec 2027 5 Rev. Ana. 4 EPS Ana. |
Dec 2028 2 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|
| Revenue |
852.83M
est: 867.43M (-1.7%)
|
856.41M
est: 848.87M (+0.9%)
|
862.61M
est: 866.12M (-0.4%)
|
874.96M
est: 877.86M (-0.3%)
|
812.24M
803.09M – 823.60M
-7.5% YoY
|
857.51M
800.16M – 910.29M
+5.6% YoY
|
931.67M
930.11M – 933.24M
+8.6% YoY
|
| EBITDA |
154.97M
est: 186.74M (-17.0%)
|
304.63M
est: 188.41M (+61.7%)
|
158.46M
est: 192.23M (-17.6%)
|
163.22M
est: 194.84M (-16.2%)
|
180.27M
178.25M – 182.80M
-7.5% YoY
|
190.32M
177.59M – 202.04M
+5.6% YoY
|
206.78M
206.44M – 207.13M
+8.6% YoY
|
| EBIT |
126.85M
est: 151.33M (-16.2%)
|
274.01M
est: 155.85M (+75.8%)
|
124.16M
est: 159.01M (-21.9%)
|
127.63M
est: 161.17M (-20.8%)
|
149.12M
147.44M – 151.21M
-7.5% YoY
|
157.43M
146.91M – 167.12M
+5.6% YoY
|
171.05M
170.76M – 171.34M
+8.6% YoY
|
| Net Income |
89.56M
est: 107.49M (-16.7%)
|
230.05M
est: 57.12M (+302.7%)
|
83.38M
est: 20.56M (+305.4%)
|
82.34M
est: 23.04M (+257.4%)
|
16.80M
14.98M – 18.63M
-27.1% YoY
|
19.84M
17.69M – 21.98M
+18.1% YoY
|
22.91M
21.74M – 24.08M
+15.5% YoY
|
| SGA |
62.75M
est: 81.03M (-22.6%)
|
60.93M
est: 84.00M (-27.5%)
|
65.67M
est: 85.71M (-23.4%)
|
134.84M
est: 86.87M (+55.2%)
|
80.38M
79.47M – 81.50M
-7.5% YoY
|
84.86M
79.18M – 90.08M
+5.6% YoY
|
92.20M
92.04M – 92.35M
+8.6% YoY
|
| EPS |
0.47
est: 0.54 (-12.5%)
|
1.14
est: 1.12 (+2.1%)
|
0.42
est: 0.40 (+4.5%)
|
1.61
est: 0.44 (+267.0%)
|
0.33
0.29 – 0.36
-24.7% YoY
|
0.38
0.35 – 0.43
+14.4% YoY
|
0.45
0.42 – 0.47
+18.5% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-08 | A | 4/5 | 4/5 | 4/5 | 5/5 | 2/5 | 3/5 | 5/5 |
| 2026-05-07 | A | 4/5 | 4/5 | 4/5 | 5/5 | 2/5 | 3/5 | 5/5 |
| 2026-05-06 | A | 4/5 | 4/5 | 4/5 | 5/5 | 2/5 | 3/5 | 5/5 |
| 2026-05-05 | A+ | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 3/5 | 5/5 |
| 2026-05-04 | A+ | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 3/5 | 5/5 |
| 2026-04-30 | A+ | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 3/5 | 5/5 |
| 2026-04-29 | A+ | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 3/5 | 5/5 |
| 2026-04-28 | A+ | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 3/5 | 5/5 |
| 2026-04-27 | A+ | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 3/5 | 5/5 |
| 2026-04-24 | A+ | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 3/5 | 5/5 |
| 2026-04-23 | A | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 3/5 | 5/5 |
| 2026-04-22 | A | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 3/5 | 5/5 |
| 2026-04-21 | A | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 3/5 | 5/5 |
| 2026-04-20 | A | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 3/5 | 5/5 |
| 2026-04-17 | A | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 3/5 | 5/5 |
| 2026-04-16 | A | 4/5 | 5/5 | 4/5 | 5/5 | 1/5 | 3/5 | 5/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Global X Hydrogen ETF HGEN.AX | 1.05% | 331.3K | 0.69% |
| 2 | Amundi MSCI EMU Small Cap ESG Broad Transition UCITS ETF Dist MMS.PA | 0.19% | 1.34M | 0.40% |
| 3 | Amundi MSCI Europe Small Cap ESG Broad Transition UCITS ETF Acc CEM.PA | 0.07% | 250.8K | 0.23% |
| 4 | Amundi MSCI Europe Small Cap ESG Broad Transition UCITS ETF Dist X026.DE | 0.07% | 250.8K | 0.23% |
| 5 | UBS MSCI EMU Small Cap UCITS ETF EUR dis UEFD.DE | 0.04% | 296.7K | 0.33% |
| 6 | iShares MSCI EMU Small Cap UCITS ETF CES1.L | 0.04% | 394.8K | 0.58% |
| 7 | WisdomTree Dynamic International SmallCap Equity ETF DDLS | 0.03% | 147.5K | 0.48% |
| 8 | WisdomTree International SmallCap Dividend Fund DLS | 0.03% | 336.1K | 0.58% |
| 9 | WisdomTree Europe SmallCap Dividend UCITS ETF Acc DFEA.L | 0.02% | 17.7K | 0.38% |
| 10 | WisdomTree Europe SmallCap Dividend UCITS ETF WTES.DE | 0.02% | 17.7K | 0.38% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Paolo Enrico Dellachà | Chief Executive Officer & Executive Director | 1M | male |
| Federico De Nora | Executive Chairperson | 290.0K | male |
| Chiara Locati | Head of Investor Relations & ESG | — | female |
| Luca Oglialoro | Chief Financial Officer | — | male |
| Silvia Bertini | Secretariat of Board of Directors | — | female |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for DNR.MI
Short-term intention
Target Price Distribution
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