DGB Group N.V. (EARTH) AI Stock Analysis

DGB Group N.V.

(Amsterdam:EARTH)

Select Model

Rating:40Underperform

Price Target:EUR 0.89▼(-9.51% Downside)

Action:downgraded

Date:10/08/26

Low score primarily driven by poor financial performance with negative equity and cash burn, followed by weak technical indicators in a downtrend and unfavorable valuation metrics.

Positive Factors

Sharp Revenue ReboundThe sharp 2025 revenue rebound indicates that DGB can generate substantially higher top-line activity from its environmental-services operations. If this increased scale persists, it could strengthen project economics and provide a broader base from which to pursue operating improvements.

Negative Factors

Persistent UnprofitabilityRevenue growth has not yet translated into sustainable earnings. Continued net losses and materially negative EBIT and EBITDA margins indicate that operating costs remain too high relative to revenue, limiting internal funding capacity and leaving the business without a demonstrated path to durable profitability.

DGB Group N.V. (EARTH) vs. iShares MSCI Netherlands ETF (EWN)

Market Cap: EUR 12.22M
Dividend Yield: ―
Average Volume (3M): 20.10K
Price to Earnings (P/E): -1.9
Beta (1Y): 1.38
Revenue Growth: 81.82%
EPS Growth: 7.59%
Country: Netherlands
Employees: 41
Sector: General
Sector Strength: 55
Industry: Specialty Business Services

DGB Group N.V. Business Overview & Revenue Model

Company Description

Green Earth Group N.V. invests in, develops, and manages carbon credits and biodiversity projects for businesses and governments in the Netherlands, the United States, and internationally. It offers nature-based solutions comprising removing or avoid...

How the Company Makes Money

DGB Group N.V. primarily makes money through activities linked to the generation and commercialization of carbon credits from nature-based projects. Key revenue streams include: (1) Carbon credit sales: Developing or partnering on projects that seque...

DGB Group N.V. Financial Statement Overview

Summary

Severe financial distress with negative equity of -9.7 million, persistent net losses, and deteriorating operating cash flow to -4.5 million.

Income Statement

15Very Negative

Balance Sheet

5Very Negative

Cash Flow

10Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	680.00K	267.00K	88.00K	43.00K	1.14M	0
Gross Profit	105.00K	147.00K	-70.00K	129.00K	380.00K	-21.00K
EBITDA	-4.34M	-3.36M	-3.28M	-2.43M	-733.00K	-1.17M
Net Income	-6.45M	-4.83M	-4.27M	-3.06M	-903.00K	-1.14M
Balance Sheet
Total Assets	12.61M	12.23M	7.92M	10.60M	27.66M	7.06M
Cash, Cash Equivalents and Short-Term Investments	419.00K	568.00K	460.00K	94.00K	155.00K	85.00K
Total Debt	20.99M	19.21M	10.79M	6.41M	2.86M	527.00K
Total Liabilities	27.12M	21.94M	14.38M	6.88M	3.02M	1.08M
Stockholders Equity	-14.50M	-9.71M	-6.46M	22.28M	24.65M	5.99M
Cash Flow
Free Cash Flow	0	-4.74M	-3.57M	-2.35M	-3.55M	-990.00K
Operating Cash Flow	-4.32M	-4.54M	-3.46M	-2.20M	-1.14M	-986.00K
Investing Cash Flow	-3.00M	-3.74M	-1.99M	-2.21M	-2.41M	-179.00K
Financing Cash Flow	3.69M	8.39M	5.82M	4.29M	3.62M	999.00K

DGB Group N.V. Technical Analysis

Technical Analysis SentimentPositive

Last Price0.98

Price Trends

50DMA0.97Positive

100DMA1.04Negative

200DMA1.16Negative

Market Momentum

MACD-0.01Negative

RSI58.90Neutral

STOCH58.62Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NL:EARTH, the sentiment is Positive. The current price of 0.98 is above the 20-day moving average (MA) of 0.92, above the 50-day MA of 0.97, and below the 200-day MA of 1.16, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 58.90 is Neutral, neither overbought nor oversold. The STOCH value of 58.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NL:EARTH.

DGB Group N.V. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

NL:EARTH against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
NL:EARTH	40Underperform	EUR 12.22M	-1.88	53.24%	―	81.82%	7.59%

* General Sector Average

Performance Comparison

NL:EARTH and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
NL:EARTH	DGB Group N.V.	0.98	0.37	59.80%
NL:PBH	PB Holding NV	3.32	0.52	18.57%
NL:VALUE	VALUE8 N V	6.35	-0.14	-2.20%
NL:MORE	Morefield Group N.V.	0.96	0.18	23.08%

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.

Date of analysis: Oct 08, 2026

DGB Group N.V. AI Stock Analysis