De'Longhi SpA (WBO:DLGI) Piotroski F-Score: 8 (As of Jun. 24, 2026) — 14% Above Median


WBO:DLGI De'Longhi SpA WBO:DLGI
67 GF Score
Price €36.14
GF Value €34.96
Valuation Fairly Valued
! 4 Warning Signs
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What is De'Longhi SpA Piotroski F-Score?

De'Longhi SpA WBO:DLGI -2.01% 67 Piotroski F-Score is 8 as of Jun. 24, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates WBO:DLGI with a GF Score™ of 67/100 and a GF Value™ of €34.96 (Fairly Valued). The stock has 4 warning signs investors should review. Among 428 Furnishings, Fixtures & Appliances companies, De'Longhi SpA ranks better than 98.36% on this metric.

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

De'Longhi SpA has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for De'Longhi SpA's Piotroski F-Score or its related term are showing as below:

WBO:DLGI' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 9
Current: 8

During the past 13 years, the highest Piotroski F-Score of De'Longhi SpA was 9. The lowest was 4. And the median was 7.

De'Longhi SpA  (WBO:DLGI) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


De'Longhi SpA Piotroski F-Score Related Terms


De'Longhi SpA Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for De'Longhi SpA's Piotroski F-Score 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.

De'Longhi SpA Piotroski F-Score Chart

De'Longhi SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 4.00 7.00 7.00 7.00

De'Longhi SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.00 7.00 9.00 7.00 8.00

WBO:DLGI vs SN, SGI, MHK: Piotroski F-Score Comparison

For the Furnishings, Fixtures & Appliances subindustry, De'Longhi SpA's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.


De'Longhi SpA Piotroski F-Score vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, De'Longhi SpA's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where De'Longhi SpA's Piotroski F-Score falls into.


WBO:DLGI
67GF Score
De'Longhi SpA WBO:DLGI
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 59.212 + 70.988 + 128.725 + 61.7 = €321 Mil.
Cash Flow from Operations was 158.389 + -85.689 + 575.865 + -55.1 = €593 Mil.
Revenue was 824.82 + 881.38 + 1331.111 + 777.7 = €3,815 Mil.
Gross Profit was 503.555 + 400.545 + 907.604 + 415.4 = €2,227 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(4109.1 + 4006.512 + 3889.5 + 4160.508 + 4088.7) / 5 = €4050.864 Mil.
Total Assets at the begining of this year (Mar25) was €4,109 Mil.
Long-Term Debt & Capital Lease Obligation was €432 Mil.
Total Current Assets was €2,169 Mil.
Total Current Liabilities was €1,083 Mil.
Net Income was 54.864 + 67.636 + 136.937 + 57.4 = €317 Mil.

Revenue was 763.164 + 807.236 + 1260.661 + 755.2 = €3,586 Mil.
Gross Profit was 447.541 + 359.659 + 858.606 + 394.8 = €2,061 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(4041.4 + 4050.32 + 3954.9 + 4336.126 + 4109.1) / 5 = €4098.3692 Mil.
Total Assets at the begining of last year (Mar24) was €4,041 Mil.
Long-Term Debt & Capital Lease Obligation was €489 Mil.
Total Current Assets was €2,048 Mil.
Total Current Liabilities was €1,122 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

De'Longhi SpA's current Net Income (TTM) was 321. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

De'Longhi SpA's current Cash Flow from Operations (TTM) was 593. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=320.625/4109.1
=0.07802804

ROA (Last Year)=Net Income/Total Assets (Mar24)
=316.837/4041.4
=0.07839783

De'Longhi SpA's return on assets of this year was 0.07802804. De'Longhi SpA's return on assets of last year was 0.07839783. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

De'Longhi SpA's current Net Income (TTM) was 321. De'Longhi SpA's current Cash Flow from Operations (TTM) was 593. ==> 593 > 321 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=432.2/4050.864
=0.10669329

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=489.3/4098.3692
=0.11938895

De'Longhi SpA's gearing of this year was 0.10669329. De'Longhi SpA's gearing of last year was 0.11938895. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=2168.6/1083
=2.00240074

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=2048.1/1122.3
=1.82491312

De'Longhi SpA's current ratio of this year was 2.00240074. De'Longhi SpA's current ratio of last year was 1.82491312. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

De'Longhi SpA's number of shares in issue this year was 149.473. De'Longhi SpA's number of shares in issue last year was 150.24. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=2227.104/3815.011
=0.58377394

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2060.606/3586.261
=0.57458339

De'Longhi SpA's gross margin of this year was 0.58377394. De'Longhi SpA's gross margin of last year was 0.57458339. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=3815.011/4109.1
=0.92842983

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=3586.261/4041.4
=0.88738086

De'Longhi SpA's asset turnover of this year was 0.92842983. De'Longhi SpA's asset turnover of last year was 0.88738086. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+0+1+1+1+1+1+1
=8

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

De'Longhi SpA has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
De'Longhi SpA (WBO:DLGI) has a Piotroski F-Score of 8 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on De'Longhi SpA and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, De'Longhi SpA's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, De'Longhi SpA ranks #7 out of 428 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 1.6%.
Is De'Longhi SpA's Piotroski F-Score too high?
De'Longhi SpA's current Piotroski F-Score of 8 is 14% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Furnishings, Fixtures & Appliances industry median Piotroski F-Score is 5.00. De'Longhi SpA's value of 8 is 60% above this industry median. Based on the distribution chart, De'Longhi SpA ranks #7 out of 428 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, De'Longhi SpA has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does De'Longhi SpA's Piotroski F-Score compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, De'Longhi SpA ranks #7 out of 428 companies for Piotroski F-Score. This places De'Longhi SpA in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. De'Longhi SpA's value of 8 is 60% above this benchmark. Historically, De'Longhi SpA's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, De'Longhi 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 Piotroski F-Score for a Furnishings, Fixtures & Appliances company?
The median Piotroski F-Score among Furnishings, Fixtures & Appliances companies is 5.00, based on 428 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. De'Longhi SpA's current Piotroski F-Score of 8 is 60% 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on De'Longhi SpA and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. De'Longhi SpA's current Piotroski F-Score is 8, which is 14% above median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is De'Longhi SpA stock overvalued right now?
Based on GuruFocus' analysis, De'Longhi SpA (WBO:DLGI) is currently considered Fairly Valued. The stock's GF Value™ is €34.96, compared to a current price of €36.14 — trading 3.4% above its estimated fair value. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 60% above the Furnishings, Fixtures & Appliances industry median of 5.00. De'Longhi SpA's overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For De'Longhi SpA (WBO:DLGI), the current Piotroski F-Score is 8 as of Jun. 24, 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 De'Longhi SpA (WBO:DLGI) Overvalued in 2026?

Based on GuruFocus' analysis, De'Longhi SpA stock appears to be overvalued. The current stock price of €36.14 is trading 3.4% above its estimated GF Value™ of €34.96. GuruFocus considers De'Longhi SpA to be Fairly Valued.

Key valuation signals for WBO:DLGI:

  • Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
  • GF Value™: €34.96 vs. price of €36.14 (3.4% above fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 60% above the Furnishings, Fixtures & Appliances median (#7 of 428)

No single metric tells the full story. See the WBO:DLGI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


De'Longhi SpA Business Description

Address Via Lodovico Seitz, 47, Treviso, ITA, 31100
De'Longhi SPA is an Italy-based company that is principally engaged in designing, producing, and selling small domestic appliances. The company's products consist of coffeemakers, cooking and food products, home-care products, air conditioners and air treatment products, electric heaters, and others. The company offers products under four brands: De'Longhi, Kenwood, Braun, and Ariete. It has two business segment Household and Professional divisions. Key revenue is generated from Household segment. The company has a business presence across the world, including Europe, America, MEIA Asia Pacific, and others, The company generates maximum revenue from Europe.
67GF Score

Get the complete analysis for WBO:DLGI

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€36.14
Price
€34.96
GF Value