DNR.MI
DNR.MI
IT0005186371
INDUSTRIE DE NORA
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Company Profile

Industrie De Nora S.p.A., through its subsidiaries, delivers electrochemical solutions worldwide and operates through the Electrode Technologies, Water Technologies, and Energy Transition segments. Its Electrode Technologies segment offers metal electrodes coated with catalysts, electrolyzer components, and systems with various applications, including the production of chlorine and caustic soda; the electronics industry including the production of components for lithium battery manufacturing; the refining of non-ferrous metals such as nickel and cobalt; the galvanic finishing industry; the cellulose and paper industry; and the infrastructure sector for the corrosion prevention of reinforced concrete and metal structures. The Water Technologies segment includes water treatment solutions, encompassing electrodes, equipment, systems, and facilities for the disinfection and filtration of drinking water, wastewater, and process water; these solutions serve applications such as residential swimming pool disinfection, municipal water disinfection and filtration, and industrial and marine water treatment. Its Energy Transition segment offers electrodes, electrolyzer components, and systems for the generation of hydrogen and oxygen through water electrolysis processes, fuel cells for electricity generation from hydrogen or other energy carriers without CO2 emissions, and redox flow batteries. The company was founded in 1923 and is headquartered in Milan, Italy, and it operates as a subsidiary of Federico De Nora S.p.A.

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Key Metrics & Overview

Detailed metrics & financial data of the company

Company Profile
5 Metrics

🛡️ Risk & Structural Analysis

Multi-Factor Risk Model & Market Data

7/7 Very High
5Y Volatility
41.8% p.a.
Max Drawdown (5Y)
-74.4%
Sharpe Ratio (5Y)
-0.48
Beta Factor
0.82
Size Class
Small Cap
Notes & Warnings
Single Stock Risk: Investing in an individual stock carries full company and insolvency risk (no fund diversification).
Exemplary balance sheet strength: Very solid ratio of equity to debt.
Strong cyclicality: The business model is sensitive to economic downturns.
🔴 Low analyst coverage – higher uncertainty in growth estimates & projections
Structurally High Volatility: Above-average fluctuations persist across 5 to 10 years (41.8% p.a.).
Historical Stress Test: Maximum peak-to-trough drawdown of -74.4% in the extended horizon.
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