Industrie De Nora S.p.A. Stocks

6.3Last Updated 17.03.2026

Issuer Rating

5/7

Performance

Favourable

Risk

Limited

Recommendation

Hold

Market Cap

€ 1.45B

Buy
Review
Evaluation
Target price
Dynamics
Performance
Growth
Dividends
Risks
6.3
Key Takeaways

Risk factor

Limited default risk

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Data is available to registered users only

Profitability factor

Strong margins and returns

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Risks

  • Default risk
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  • Volatility
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  • Selling difficulty
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  • Stress test
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  • Country risks
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  • Other risks
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About

Industrie De Nora S.p.A., through its subsidiaries, provides catalytic coatings and insoluble electrodes for electrochemical and industrial applications worldwide. The company offers analyzers and detectors; anodes for chlorine and oxygen evolution; cathodes for hydrogen evolution; disinfection systems; electro chlorination systems; electrodes and accessories for cathodic protection; filtration solutions; gas diffusion electrodes, MEA, and catalysts; membrane technologies; and contaminant removal systems. It also provides engineering design, remote support, repair, analytic, training, electrode recoating and repair, and spare and replacement parts. The company's products are used in various applications, which include ballast water management, battery, cathodic protection, chlor-alkali processes, cooling water treatment, copper foil electrodeposition, fire protection water treatment, fuel cells, h2 production by water electrolysis, HCL electrolysis, marine wastewater treatment, offshore wastewater treatment, pool disinfection, printed circuit board production, salt splitting processes, sodium chlorate processes, surface disinfection, surface finishing, plating and galvanizing, wastewater treatment, water reuse, and reclamation water treatment. It serves commercial and institutional, energy transition, engineering, construction, OEM, food and beverage, industrial, marine, mining and metal recovery, municipal drinking water and wastewater, municipal reuse, offshore and onshore oil and gas, power generation, pulp and paper, steel manufacturing, utilities and services, and NGO and relief organizations, as well as surface finishing, plating, and galvanizing markets and industries. The company was founded in 1923 and is based in Milan, Italy. Industrie De Nora S.p.A. operates as a subsidiary of Federico De Nora S.P.A.

Company Valuation

Fairly valued
4/7

Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. In particular, the stock is reasonably priced on P/E, of fair

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Target Price

Neutral
4/7

The average target price of DNR.MI is 9.9 and suggests 58% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incre

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Risks

  • Default risk
    Data is available to registered users only
  • Volatility
    Data is available to registered users only
  • Selling difficulty
    Data is available to registered users only
  • Stress test
    Data is available to registered users only
  • Country risks
    Data is available to registered users only
  • Other risks
    Data is available to registered users only
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