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.
doValue S.p.A. is a leading Italian financial services company specializing in the management of non-performing loans, unlikely-to-pay loans, early arrears, performing loans, and related real estate assets for banks and investors. Operating primarily in Southern Europe, including Italy, Spain, Portugal, Greece, and Cyprus, it manages approximately €140-150 billion in gross assets under management with over 20 years of experience. The company provides integrated credit servicing solutions such as loan administration, recovery through court and out-of-court processes, restructuring, due diligence, data remediation, master legal services, and securitization support. Its real estate services encompass collateral management, property development, valuations, and auction facilitation. Formed in 2015 from the acquisition of UniCredit Credit Management Bank by Fortress-affiliated funds and later renamed from doBank in 2019, doValue S.p.A. incorporates subsidiaries like doNext for structured finance, doData for information services, and Altamira for Iberian operations. Renowned for top servicer ratings from S&P and Fitch, it emphasizes sustainability, territorial expertise, and partnerships with major banking groups to foster financial system stability.
17.79% operating margin is respectable but not wide. ROIC at 4.34%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 20.2%, still solid. Free cash flow declined 590% despite revenue growth, conversion is weakening.
Free cash flow declined 590% versus the prior year, cash generation momentum has weakened. Negative free cash flow of -€257M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
€564M
▲ +20.2% YoY
Net Income (TTM)
-€3M
▼ -29.6% YoY
Op. Margin
15.19%
▲ +2.0pp YoY
ROIC
4.34%
▼ -0.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€60M
▼ -589.7% YoY
Op. Cash Flow (TTM)
€129M
▼ -544.9% YoY
Net Debt
€487M
Cash & Equiv.
€495M
3Y CAGR: +1.3%
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