Italian Design Brands SpA (IT:DEX)
:DEX
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Italian Design Brands SpA
(DEX)
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Rating:48Neutral
Price Target:
€3.00
▼(-51.30% Downside)
Action:ReiteratedDate:04/09/26
The score is primarily constrained by weakened financial performance driven by the 2025 loss and deteriorated operating margins, despite continued revenue scale and still-positive cash generation. Technically, the stock shows only a tentative near-term recovery while remaining in a longer-term downtrend. Valuation is also capped by loss-making earnings and the absence of a stated dividend yield.
Positive Factors
Top-line Scale & Growth
Sustained multi-year revenue growth to ~€320m demonstrates durable market demand and successful brand/distribution expansion. Large revenue scale improves bargaining power with suppliers, spreads fixed costs, and provides a structural base for margin recovery and international growth over the next 2-6 months.
Negative Factors
Profitability Deterioration
A swing to a negative operating and net margin in 2025 is a durable red flag: it signals pricing, cost or mix pressures that impair return generation. Unless gross margins and operating efficiency recover, sustained investment and shareholder returns will be constrained beyond the next few quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Top-line Scale & Growth
Sustained multi-year revenue growth to ~€320m demonstrates durable market demand and successful brand/distribution expansion. Large revenue scale improves bargaining power with suppliers, spreads fixed costs, and provides a structural base for margin recovery and international growth over the next 2-6 months.
Read all positive factors
Italian Design Brands SpA (DEX) vs. iShares MSCI Italy ETF (EWI)
Market Cap
€85.09M
Dividend YieldN/A
Average Volume (3M)35.88K
Price to Earnings (P/E)―
Beta (1Y)0.15
Revenue Growth-2.52%
EPS Growth-82.50%
CountryIT
Employees785
SectorConsumer Cyclical
Sector Strength84
IndustryFurnishings, Fixtures & Appliances
Share Statistics
EPS (TTM)-0.30
Shares Outstanding26,926,298
10 Day Avg. Volume87,737
30 Day Avg. Volume35,881
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)0.76
Price to Sales (P/S)0.35
P/FCF Ratio27.26
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€5.00Price Target Upside-18.83% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.34
Revenue Forecast (FY)€386.00M
Italian Design Brands SpA Business Overview & Revenue Model
Company Description
Dexelance S.p.A. develops and promotes a hub of Italian design furniture and furnishings. The company offers furniture products under the Gervasoni, Meridiani, SabaItalia, and Gamma Arredamenti International brands; kitchen products and systems un...
How the Company Makes Money
Italian Design Brands makes money primarily by selling design and furniture products under its brand portfolio. Revenue is generated from (i) product sales to professional customers (e.g., interior designers, architects, contractors, and project/c...
Italian Design Brands SpA Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
56
Neutral
Cash Flow
52
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 320.20M | 324.38M | 289.78M | 199.48M | 145.28M |
| Gross Profit | -25.50M | 197.98M | 97.30M | 74.89M | 47.87M |
| EBITDA | 21.20M | 57.82M | 64.48M | 12.65M | 26.56M |
| Net Income | -17.70M | 17.90M | 28.01M | -5.93M | 11.40M |
Balance Sheet | |||||
| Total Assets | 475.10M | 471.12M | 475.46M | 274.37M | 208.96M |
| Cash, Cash Equivalents and Short-Term Investments | 69.29M | 68.30M | 70.08M | 42.98M | 33.33M |
| Total Debt | 165.13M | 103.97M | 183.47M | 127.08M | 73.66M |
| Total Liabilities | 290.70M | 300.67M | 321.08M | 215.59M | 144.86M |
| Stockholders Equity | 149.20M | 170.45M | 154.38M | 58.78M | 64.09M |
Cash Flow | |||||
| Free Cash Flow | 4.17M | 32.66M | 12.69M | 23.25M | 25.72M |
| Operating Cash Flow | 15.33M | 39.16M | 19.81M | 25.73M | 28.40M |
| Investing Cash Flow | -49.32M | -21.43M | -110.25M | -17.82M | -13.41M |
| Financing Cash Flow | 48.81M | -25.51M | 88.91M | 1.73M | -23.69M |
Italian Design Brands SpA Technical Analysis
Neutral
6.16
Price Trends
3.07
Positive
3.88
Negative
5.23
Negative
Market Momentum
0.02
Negative
58.85
Neutral
83.95
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:DEX, the sentiment is Neutral. The current price of 6.16 is above the 20-day moving average (MA) of 2.92, above the 50-day MA of 3.07, and above the 200-day MA of 5.23, indicating a neutral trend. The MACD of 0.02 indicates Negative momentum. The RSI at 58.85 is Neutral, neither overbought nor oversold. The STOCH value of 83.95 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IT:DEX.
Italian Design Brands SpA Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | €199.99M | 18.49 | ― | 2.17% | 40.64% | 104.21% | |
67 Neutral | €130.69M | 16.34 | 20.78% | 6.60% | -0.07% | -37.21% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
59 Neutral | €47.22M | 15.21 | ― | 6.03% | 12.02% | -8.17% | |
48 Neutral | €85.09M | -6.42 | ― | ― | -2.52% | -82.50% |
* Consumer Cyclical Sector Average
IT:DEX
Italian Design Brands SpA
3.16
-5.04
-61.46%
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IT:FPE
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.