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Industrie De Nora SpAMIL:DNR +1.05%83 Debt-to-Equity is 13.96 as of Jun. 2026, which is 8112% above its 10-year median of 0.17. GuruFocus rates MIL:DNR with a GF Score™ of 83/100 and a GF Value™ of €7.97 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,688 Industrial Products companies, Industrie De Nora SpA ranks worse than 99.74% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Industrie De Nora SpA's Debt-to-Equity or its related term are showing as below:
MIL:DNR'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.17 Max: 13.96
Current: 13.96
During the past 7 years, the highest Debt-to-Equity Ratio of Industrie De Nora SpA was 13.96. The lowest was 0.04. And the median was 0.17.
MIL:DNR's Debt-to-Equity is ranked worse than 99.74% of 2688
companies
in the Industrial Products industry
Industry Median: 0.29
vs MIL:DNR: 13.96
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Industrie De Nora SpA Debt-to-Equity Related Terms
Industrie De Nora SpA Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Industrie De Nora SpA's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MIL:DNR vs VRT, BE, HUBB: Debt-to-Equity Comparison
For the Electrical Equipment & Parts subindustry, Industrie De Nora SpA's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Industrie De Nora SpA Debt-to-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Industrie De Nora SpA's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Industrie De Nora SpA's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Industrie De Nora SpA (MIL:DNR) has a Debt-to-Equity of 13.96 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Industrie De Nora SpA and its competitors. This is 8112% above median its historical median of 0.17. Over the past decade, Industrie De Nora SpA's Debt-to-Equity has ranged from 0.04 to 13.96. According to the industry distribution chart, Industrie De Nora SpA ranks #2681 out of 2688 companies in the Industrial Products industry, placing it in the top 99.7%.
Is Industrie De Nora SpA's Debt-to-Equity too high?
Industrie De Nora SpA's current Debt-to-Equity of 13.96 is 8112% above median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 13.96. The Industrial Products industry median Debt-to-Equity is 0.29. Industrie De Nora SpA's value of 13.96 is 4713.8% above this industry median. Based on the distribution chart, Industrie De Nora SpA ranks #2681 out of 2688 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Industrie De Nora SpA has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Industrie De Nora SpA's Debt-to-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Industrie De Nora SpA ranks #2681 out of 2688 companies for Debt-to-Equity. This places Industrie De Nora SpA in the lower half of its industry. The industry median Debt-to-Equity is 0.29. Industrie De Nora SpA's value of 13.96 is 4713.8% above this benchmark. Historically, Industrie De Nora SpA's own Debt-to-Equity has ranged from 0.04 to 13.96 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 0.29, Industrie De Nora SpA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.29, based on 2,688 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Industrie De Nora SpA's current Debt-to-Equity of 13.96 is 4713.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Industrie De Nora SpA and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Industrie De Nora SpA's current Debt-to-Equity is 13.96, which is 8112% above median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrie De Nora SpA stock overvalued right now?
Based on GuruFocus' analysis, Industrie De Nora SpA (MIL:DNR) is currently considered Modestly Undervalued. The stock's GF Value™ is €7.97, compared to a current price of €6.74 — trading 15.5% below its estimated fair value. The current Debt-to-Equity is 13.96, which is 8112% above median its 10-year median of 0.17 and 4713.8% above the Industrial Products industry median of 0.29. Industrie De Nora SpA's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Industrie De Nora SpA (MIL:DNR), the current Debt-to-Equity is 13.96 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Industrie De Nora SpA (MIL:DNR) Overvalued in 2026?
Based on GuruFocus' analysis, Industrie De Nora SpA stock appears to be undervalued.
The current stock price of €6.74 is trading 15.5% below its estimated GF Value™ of €7.97.
GuruFocus considers Industrie De Nora SpA to be Modestly Undervalued.
Key valuation signals for MIL:DNR:
Debt-to-Equity: 13.96 (8112% above median its 10-year median of 0.17)
GF Value™: €7.97 vs. price of €6.74 (15.5% below fair value)
Industry Position: 4713.8% above the Industrial Products median (#2681 of 2688)
No single metric tells the full story. See the MIL:DNR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Industrie De Nora SpA manufactures and distributes chemicals. The company is organized into three segments: the Electrode Technologies business, Energy Transition and the Water Technologies business. Electrode Technologies segment earns the majority of companies revenues. The company's products include Analyzers & Detectors, Anodes for Chlorine Evolution, Anodes for oxygen evolution, Cathodes for Hydrogen Evolution, Disinfection systems, Electrochlorination systems, Filtration Solutions, Membrane Technologies, Contaminant removal systems.
83GF Score
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