Italian Design Brands SpA (IT:DEX)
:DEX
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Italian Design Brands SpA
(DEX)
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Rating:46Neutral
Price Target:
€2.50
▼(-59.42% Downside)
Action:Reiterated
Date:05/28/26
The score is primarily held back by deteriorated financial performance, driven by severe margin compression and net losses, alongside meaningful leverage that could worsen if losses persist. Technicals provide only partial support (above short-term moving averages but below longer-term averages with negative MACD), and valuation is constrained by negative earnings (negative P/E) with no dividend yield data to offset risk.
Positive Factors
High-end brand portfolio
Operating a portfolio of high-end Italian design brands provides durable competitive differentiation and pricing power versus commodity furniture. Brand equity and design-led positioning support long-term demand in premium segments and allow the group to capture project and retail premiums as markets recover.
Negative Factors
Severe margin erosion
Deeply negative gross and operating margins indicate structural cost or pricing imbalances that threaten the business model's sustainability. Margin collapse erodes cash flow and equity, making recovery harder and requiring material pricing, product mix or cost restructuring to restore long-term profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
High-end brand portfolio
Operating a portfolio of high-end Italian design brands provides durable competitive differentiation and pricing power versus commodity furniture. Brand equity and design-led positioning support long-term demand in premium segments and allow the group to capture project and retail premiums as markets recover.
Read all positive factors
Italian Design Brands SpA (DEX) vs. iShares MSCI Italy ETF (EWI)
Market Cap
€137.88M
Dividend YieldN/A
Average Volume (3M)35.88K
Price to Earnings (P/E)―
Beta (1Y)0.24
Revenue Growth2.70%
EPS Growth-227.59%
CountryIT
Employees785
SectorConsumer Cyclical
Sector Strength84
IndustryFurnishings, Fixtures & Appliances
Share Statistics
EPS (TTM)-0.72
Shares Outstanding59,943,580
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)0.28
Revenue Forecast (FY)€381.00M
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 SpA primarily makes money by selling design and furniture products produced and marketed under its portfolio of brands. Revenue is generated through the commercialization of these products via distribution channels such as sa...
Italian Design Brands SpA Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
52
Neutral
Cash Flow
46
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 332.49M | 320.20M | 324.38M | 289.78M | 199.48M | 145.28M |
| Gross Profit | -48.04M | -25.50M | 197.98M | 97.30M | 74.89M | 47.87M |
| EBITDA | -83.86M | 21.20M | 57.82M | 64.48M | 12.65M | 26.56M |
| Net Income | -19.29M | -17.70M | 17.90M | 28.01M | -5.93M | 11.40M |
Balance Sheet | ||||||
| Total Assets | 545.37M | 545.03M | 471.12M | 475.46M | 274.37M | 208.96M |
| Cash, Cash Equivalents and Short-Term Investments | 39.57M | 69.29M | 68.30M | 70.08M | 42.98M | 33.33M |
| Total Debt | 174.63M | 165.13M | 103.97M | 183.47M | 127.08M | 73.66M |
| Total Liabilities | 364.32M | 360.60M | 300.67M | 321.08M | 215.59M | 144.86M |
| Stockholders Equity | 145.59M | 149.20M | 170.45M | 154.38M | 58.78M | 64.09M |
Cash Flow | ||||||
| Free Cash Flow | 4.16M | 4.17M | 32.66M | 12.69M | 23.25M | 25.72M |
| Operating Cash Flow | 15.08M | 15.33M | 39.16M | 19.81M | 25.73M | 28.40M |
| Investing Cash Flow | -66.01M | -49.32M | -21.43M | -110.25M | -17.82M | -13.41M |
| Financing Cash Flow | 67.53M | 48.81M | -25.51M | 88.91M | 1.73M | -23.69M |
Italian Design Brands SpA Technical Analysis
Positive
6.16
Price Trends
2.20
Positive
2.43
Negative
3.56
Negative
Market Momentum
0.06
Negative
57.83
Neutral
71.36
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:DEX, the sentiment is Positive. The current price of 6.16 is above the 20-day moving average (MA) of 2.08, above the 50-day MA of 2.20, and above the 200-day MA of 3.56, indicating a neutral trend. The MACD of 0.06 indicates Negative momentum. The RSI at 57.83 is Neutral, neither overbought nor oversold. The STOCH value of 71.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IT:DEX.
Italian Design Brands SpA Peers Comparison
UnderperformOutperform
Sector (61)
IT:DEX
Italian Design Brands SpA
2.28
-3.63
-61.45%
IT:CULT
Culti Milano SpA
19.10
0.90
4.95%
IT:GML
G.M. Leather S.P.A.
0.71
-0.34
-32.12%
IT:POZ
Pozzi Milano S.P.A.
0.55
0.05
9.44%
IT:RAT
Ratti S.p.A.
1.14
-0.69
-37.70%
IT:ZUC
Vincenzo Zucchi S.p.A.
0.61
-0.33
-35.64%
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.