profit from every €100 of sales.
€0€100
Industrie De Nora
€5.89+2.79% today
-17.7% since Dec 19, 25
1-year low €5.311-year high €7.93
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay €14.42 for every €1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Industrie De Nora sold, what it kept, and what it did with the cash.
Sales went from €853 million in 2022 to €875 million in 2025, with €82.3 million of profit last year.
SalesProfit
Industrie De Nora handed back 47% of the cash it generated last year.
€21M
Free cash flow 2025€44M
Bought back its own shares€0
Paid as dividends€21M
Cash vs. debt€109M vs. €37M
Industrie De Nora vs. similar companies
Industrie De Nora grows the slowest of these 5 and is the cheapest for its profits.
| Company | Profit from €100 of sales | Sales growth a year | Price per €1 of profit |
|---|---|---|---|
| Industrie De Nora | 14.4× · Cheap | ||
 Contemporary Amperex Technology | 20.4× · Fair price | ||
 ABB | 32.2× · Expensive | ||
 Vertiv | 60.6× · Very expensive | ||
 Delta Electronics (Thailand) Public | 95.5× · Very expensive |
AI analysis
An AI analyst reads Industrie De Nora's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 853 | 856 | 863 | 875 | |
| 480 | 489 | 487 | 508 | |
| 131 | 134 | 104 | 122 | |
| 155 | 305 | 158 | 159 | |
| 90 | 230 | 83 | 82 | |
| 0.47 | 1.15 | 0.42 | 0.41 | |
| 56.3% | 57.1% | 56.4% | 58.1% | |
| 15.3% | 15.6% | 12.1% | 13.9% | |
| 10.5% | 26.9% | 9.7% | 9.4% |
Balance sheet
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,288 | 1,332 | 1,423 | 1,272 |
| Cash | 174 | 198 | 216 | 109 |
| Total debt | 281 | 144 | 159 | 37 |
| Total liabilities | 543 | 422 | 470 | 301 |
| 741 | 904 | 947 | 959 | |
| 190 | 201 | 199 | 199 | |
| 9.4% | 19.9% | 8.5% | 9.4% | |
| 12.1% | 25.4% | 8.8% | 8.6% |
Cash flow
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 113 | 140 | 111 | 118 | |
| 46 | 88 | 64 | 73 | |
| 67 | 52 | 47 | 44 | |
| Dividends paid | 20 | 24 | 24 | 21 |
| 0 | 17 | 26 | 0 | |
| 19 | 0 | 1 | 1 |
Valuation
- 14.4×
- –
- –
- 1.4×
- 1.4×
- 26.8×
- 7.0×
- 3.7%
- 6.9%
- 1.7%
Profitability
- 58.1%
- 13.9%
- 9.4%
- –
- 9.4%
- 11.8%
- –
- –
- –
- –
Growth
- +0.9%
- −4.1%
- –
- –
- +1.5%
Financial health
- -0.5×
- 0.04
- –
- 28.1×
- 2.42
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 40%of 980
Top 28%of 986
Top 23%of 866
Bottom 19%of 986
Top 50%of 988
1.7%of the share price, paid each year
On $1,000 invested$17a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
25.1% of its profit
Room to growStretchedMore than it earns: 46.7%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
62Pass
Benjamin Graham
82Pass
Philip Fisher
47No pass
Peter Lynch
27No pass
Joel Greenblatt
49No pass
Charlie Munger
51No pass
Terry Smith
36No pass
Questions about Industrie De Nora
Is Industrie De Nora a good stock to buy?
A solid business, and the price looks low. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Industrie De Nora AI analysis
What does Industrie De Nora do?
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. It is in Electrical Equipment & Parts, based in Milan, Italy, with 2,054 employees.
Does Industrie De Nora pay a dividend?
Yes. At today's price the dividend is 1.7% a year, about 25% of its yearly profit. In 2025 it paid out €20.7 million in dividends.
Is Industrie De Nora stock halal?
Yes. Industrie De Nora passes our halal screen: its business is permitted and its debt is 3% of its market value, under the 30% limit. How we check
Who are Industrie De Nora's competitors?
The largest listed companies in the same industry are Contemporary Amperex Technology, ABB, Vertiv and Delta Electronics (Thailand) Public. The peers table on this page compares their profit, growth and price with Industrie De Nora's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.