Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
D'Ieteren Group SA/NV is a family-controlled Belgian investment company founded in 1805, focused on building a portfolio of businesses that reinvent industries through growth and value creation. It operates across diverse sectors including automotive distribution, vehicle glass services, spare parts distribution, consumer goods, and real estate. Key subsidiaries include D'Ieteren Automotive, the leading importer of Volkswagen Group brands like Volkswagen, Audi, Škoda, SEAT, Cupra, Bentley, Lamborghini, Bugatti, Porsche, and Maserati in Belgium, offering sales, maintenance, financing, and new mobility services. Belron, in which it holds a significant stake, is a global leader in vehicle glass repair and replacement, operating under brands such as Carglass, Safelite, and Autoglass in over 35 countries. Other holdings encompass PHE for independent vehicle spare parts distribution in Western Europe, TVH for aftermarket parts in material handling and industrial equipment, Moleskine for premium notebooks and accessories via multichannel platforms, and D'Ieteren Immo managing real estate assets like offices, dealerships, and logistics centers. Headquartered in Brussels, D'Ieteren Group plays a pivotal role in the automotive aftermarket, mobility, and consumer sectors, leveraging its long heritage for international expansion and innovation.
€165.90
+€0.80 (+0.48%)
EOD Jun 23, 2026 · Twelve Data
Operating margin is thin at 4.01%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 1.5% YoY. The question is whether this is cyclical or a structural shift.
Free cash flow declined 41% versus the prior year, cash generation momentum has weakened. Net debt of €1.94B represents 4.4x FCF, leverage limits flexibility.
21.1x earnings, 19.9x FCF. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€8.03B
▼ -1.5% YoY
Net Income (TTM)
€430M
▲ +14.0% YoY
Op. Margin
4.01%
▲ +0.8pp YoY
ROIC
11.00%
▲ +5.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€440M
▼ -40.7% YoY
Op. Cash Flow (TTM)
€651M
▼ -18.1% YoY
Net Debt
€1.94B
Cash & Equiv.
€305M
3Y CAGR: +19.4%
3Y CAGR: +246.3%
Continue Research
At a P/E of 21.1 and a price-to-free-cash-flow of 19.9, D'Ieteren Group SA/NV (DIE.XBRU) trades below a two-stage DCF intrinsic value of about €383.88 per share, so at €165.90 the stock looks undervalued (131.4% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, D'Ieteren Group SA/NV scores 69/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 1.0%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about €383.88 per share for DIE.XBRU, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around €287.91. At today's €165.90, that puts the stock about 131.4% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
D'Ieteren Group SA/NV scores 69 out of 100 on Intrinsiqq's quality score, passing 5 of 8 checks, which makes it a solid business on these measures. Recent fundamentals include a 4.0% operating margin and a 11.0% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full check-by-check breakdown is on the quality scorecard.
Yes, D'Ieteren Group SA/NV pays a regular dividend of about €1.62 per share per year (typically in quarterly installments), a yield of roughly 1.0% at the current price. That is a payout ratio of about 19.9% of earnings, so the dividend is amply covered by earnings. D'Ieteren Group SA/NV has grown the dividend at roughly 4.0% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For DIE.XBRU's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. DIE.XBRU currently trades below its estimated intrinsic value and scores 69/100 on quality (solid). It also yields about 1.0%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.