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← CockpitCompetitor Analysis › DAN.MI Danieli & C. Officine Meccaniche S.p.A.Open in the cockpit ↗

Danieli & C. Officine Meccaniche S.p.A.DAN.MICompetitor analysis, valuation and peers

Italy · EUR·Industrials›Industrial Machinery

Italian maker of steelmaking and rolling-mill plant equipment supplied to steel producers worldwide.

≈ An Italian SMS group/Primetals Technologies competitor for steel plant equipmentMomentum laggard 14
Mkt cap
$3.60B
US dollars, full cap
Free float
22%
of shares outstanding
$/day
$4.57M
20-day average traded
Fwd P/E
13.5×
forward earnings
ROIC−WACC
-28.8 pp
WACC 11.3%
Hurdle
n/a
no reverse DCF
Next earnings
125 days
11 Mar 2027
Close · EUR€51.15
1D+1.0%
1W+0.1%
1M+7.3%
3M-22.5%
6M-24.4%
YTD+1.1%
1Y+11.4%
ATR %3.4%
52w lowhigh34.0% off high

What Danieli & C. Officine Meccaniche does

Italian maker of steelmaking and rolling-mill plant equipment supplied to steel producers worldwide.

Builds steel plants on a project basis, billing as stages are completed, then earns service, spare-parts and upgrade income from the plants already installed. It also runs its own steel mills (ABS), which gives it hands-on plant operating experience and a second earnings line.

In one line: An Italian SMS group/Primetals Technologies competitor for steel plant equipment.

Products and services

  • Steelmaking plant equipment (electric arc furnaces)
  • Rolling mill equipment
  • Automation/digital solutions for steel plants

Customers

  • Steel producers worldwide

Where it sits in the supply chain

  • Industrials
  • Industrial machinery
  • Steel plant & rolling mill equipment

What could go right

  • Steel industry decarbonization capex (green steel plants)
  • Emerging-market steel capacity expansion

What could go wrong

  • Steel industry capex cyclicality
  • Order backlog/timing volatility

Moat: narrow (process know-how, IP / patents, installed base). Deep steel-plant engineering expertise and global installed base, but order-driven, cyclical capital-goods business tied to steel capex.

Headquarters: Buttrio, Italy · Founded: 1914 · Employees: 10,088

Named competitors

  • SMS group (private) private or unlisted
  • Primetals Technologies (private) private or unlisted
  • Tenova (private) private or unlisted
  • Kobe Steel 5406.T
  • Andritz private or unlisted

Danieli & C. Officine Meccaniche at a glance

Size Danieli & C. Officine Meccaniche (DAN.MI) is an Italy Industrials company (Industrial Machinery) with a market value of $3.60B, the 51st largest of 123 Italy companies the cockpit tracks. Shares closed at €51.15 on 6 Nov 2026.

Performance Over six months the shares fell 24.4%, against -14.6% for the median peer and +3.1% for the Italy market (cap-weighted) — 8th lowest of 21 in its peer set.

Growth Revenue fell 7.6% over the last twelve months (peer median +8.9%); the operating margin is -6.5% (peer median 8.8%).

Valuation It trades at 13.5× forward earnings against a peer median of 42.3× (4th cheapest of 19).

Capital Return on invested capital runs 28.8 points below its cost of capital (11.3% WACC).

Next results Next results expected around 11 Mar 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026Peer median 84DAN.MI 77
Six months, rebased to 100: Danieli & C. Officine Meccaniche against the median of its 20 peers (local-currency closes).

Danieli & C. Officine Meccaniche financials

Reported figures in EUR; fiscal year ends 2026-06-30. TTM = trailing twelve months.
TTMFY2026FY2025FY2024FY2023
Revenue€3.83B€3.83B€4.15B€4.22B€3.91B
Revenue growth—-8%-2%+8%—
Gross profit€794M€1.24B€891M€871M€902M
EBITDA-€30.0M€439M€328M€282M€256M
Net income€230M€230M€220M€241M€244M
Free cash flown/an/a€395M€175M€504M
Capital expendituren/an/a€188M€176M€160M
Total debtn/a€874M€592M€597M€314M

Quarterly statements and history in the cockpit →

Danieli & C. Officine Meccaniche competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%-20%0%300260188263020027476481600388603308THERMAXKAIMWA003021300953BLUESTARCO301018603629AIXAVOLTAS0008118996601399DAN.MI6-month return →1-month return →
Up and to the right = strong over both horizons. Danieli & C. Officine Meccaniche is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%0×50×100×300260188263020027476481603308THERMAXKAI003021300953BLUESTARCO301018AIXAVOLTAS0008118996DAN.MIRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Danieli & C. Officine Meccaniche is the large dot.

Danieli & C. Officine Meccaniche competitors and peer comparison

Head to head with its named competitors (DAN.MI vs 5406.T)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Danieli & C. Officine Meccaniche DAN.MI$3.60B-24%-8%-6%13.5×n/a
Kobe Steel 5406.T$4.83B0%-3%5%7.7×-1.1%

How Danieli & C. Officine Meccaniche compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Danieli & C. Officine Meccaniche against its 20 peers (data as of 6 Nov 2026)
MeasureDAN.MIPeer medianRank in peer set
1-month return+7.3%-5.0%5th highest of 21
6-month return-24.4%-14.6%8th lowest of 21
Distance from 52-week high-34.0%-40.9%9th highest of 21
Revenue growth (TTM)-7.6%+8.9%2nd lowest of 21
Operating margin-6.5%8.8%lowest of 21
Forward P/E13.5×42.3×4th cheapest of 19
ROIC minus cost of capital-28.8 pp-0.5 pplowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Danieli & C. Officine Meccaniche DAN.MIItaly$3.60B-24%-8%-6%13.5×n/an/a
Kunshan Kinglai Hygienic Materials 300260.SZChina$3.61B-12%+11%8%73.2×n/an/a
Haitian International 1882.HKHong Kong$3.64B-18%+8%17%7.4×-11.5%+7.7%
Sumitomo Heavy Industries 6302.TJapan$3.64B-10%+9%6%13.0×6.3%+4.3%
Estun Automation 002747.SZChina$3.65B+30%+8%4%104.6×48.2%+14.3%
THK 6481.TJapan$3.52B-16%+8%7%10.6×24.8%+1.9%
Zijin Longking 600388.SSChina$3.70B-6%+13%11%17.4×n/an/a
Anhui Yingliu Electromechanical 603308.SSChina$3.50B-58%+38%13%42.0×n/an/a
Thermax THERMAX.NSIndia$3.46B-34%+5%6%43.6×n/an/a
Kadant KAIUnited States$3.46B-14%+17%16%21.7×15.5%+10.6%
Mueller Water Products MWAUnited States$3.75B-9%+6%21%15.3×2.4%+5.8%
Shenzhen Zhaowei Machinery & Electronics 003021.SZChina$3.45B+6%0%9%124.4×46.0%+7.5%
Ningbo Zhenyu Technology 300953.SZChina$3.77B-35%+58%6%21.2×n/an/a
Blue Star BLUESTARCO.NSIndia$3.43B-10%+9%5%56.0×n/an/a
Guangdong Shenling Environmental Systems 301018.SZChina$3.42B-27%+45%5%64.8×n/an/a
Jiangsu Lettall Electronic 603629.SSChina$3.41B-40%+27%34%n/a4.8%+15.0%
Aixtron AIXA.DEGermany$3.84B-45%-9%16%42.6×5.7%+15.6%
Voltas VOLTAS.NSIndia$3.84B-19%+4%4%50.1×n/an/a
Moon Environment Technology 000811.SZChina$3.34B-10%+27%10%25.8×20.9%+11.8%
Kaori Heat Treatment 8996.TWTaiwan$3.34B-1%+108%16%42.6×46.0%+25.9%
SINOMACH Heavy Equipment 601399.SSChina$3.33B-28%0%4%n/an/an/a

Questions

Who are Danieli & C. Officine Meccaniche's main competitors?
Named competitors: SMS group (private) (private or unlisted), Primetals Technologies (private) (private or unlisted), Tenova (private) (private or unlisted), Kobe Steel (5406.T), Andritz (private or unlisted). The cockpit's measured peer set (industry) also includes Kunshan Kinglai Hygienic Materials (300260.SZ), Haitian International (1882.HK), Sumitomo Heavy Industries (6302.T), Estun Automation (002747.SZ), THK (6481.T), Zijin Longking (600388.SS).
Is Danieli & C. Officine Meccaniche expensive compared with its peers?
On forward p/e it trades at 13.5× against a peer median of 42.3×, 4th cheapest of 19 in its peer set.
How has Danieli & C. Officine Meccaniche stock performed?
Over six months to 6 Nov 2026 the shares returned -24.4% against -14.6% for the median peer; over one year +11.4%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.