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Dominion Hosting Holding (DHH) Fair Value & Analysis

Technology · IT · Market cap €151M

DH Dominion Hosting Holding DHH · MI
Price€25.60
Fair Value€15.98
Upside-37.6%
Quality50/100
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Mixed Growth
Solidly profitable · 10.8% net margin
Low debt · generates free cash flow
Trails peers (5/13)
Moderate moat 58/100
Evidence: High Range €9.78 – €19.97 Share as image

Fair value as of: Jul 16, 2026

From 24 valuation models · updated 26 days ago

Fair value updated Jul 16, 2026, revised from €17.46 to €15.98 (−8.5%) since Jun 24, 2026. Share price −8.9% over the past month.

A solid business, but screening 38% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (€19.97). The favourable scenario is already priced in.
  • Solid but not exceptional quality (50/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (€9.78 to €19.97) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

€29.80 €13.00 Fair Value €15.98 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range €13.00 – €29.80 · fair‑value band €9.78 – €19.97 · the €25.60 price screens above the €15.98 fair value. Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

Dominion Hosting Holding (DHH) currently trades at €25.60, while our model-based Fair Value estimate is €15.98, implying the stock looks roughly 37.6% overvalued today. The Quality Score stands at 50/100 (solid quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Dominion Hosting Holding generated revenue of €41.4M at a net margin of 10.8%. Revenue grew 14.9% year over year. It earns a return on equity of 13.2%. Net debt stands at €3.3M. Fundamentals as of Jul 16, 2026

Our scenario range runs from €9.78 (bear case) to €19.97 (bull case); at €25.60, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 6% below its 52-week high and 33% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -50% fair-value upside, at -38%, DHH screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF €4.56 €7.25 €12.04 80
Residual Income €5.60 €6.16 €8.02 76
Rev-Margin DCF €10.18 €22.38 €42.64 74
All 24 models by family
DCF Models
FCF DCF €4.88 €6.92 €12.86 38
Owner Earnings €6.80 €13.54 €25.30 31
5Y Revenue Exit €10.18 €19.57 €38.98 39
5Y EBITDA Exit €16.77 €33.12 €64.68 41
5Y P/E Exit €9.19 €21.28 €37.64 38
10Y Revenue Exit €7.68 €19.27 €28.97 36
10Y EBITDA Exit €12.16 €30.95 €67.08 37
10Y P/E Exit €7.47 €17.51 €35.31 35
Earnings-Based
Graham-Dodd €5.43 €37.88 €53.16 54
Lynch FV €13.24 €18.92 €24.59 50
PEG = 1.0 €13.24 €18.92 €24.59 46
EPV €7.39 €8.30 €9.04 59
Multiples
P/E Multiple €11.98 €15.98 €19.97 63
P/S Multiple €10.19 €13.58 €16.98 58
P/B Multiple €10.19 €13.58 €16.98 55
EV/EBIT €18.62 €24.89 €31.16 53
EV/EBITDA €23.74 €31.71 €39.69 54
EV/Revenue €12.44 €17.86 €23.28 43
Asset-Based
NCAV (Graham) €3.38 €4.53 €6.77 50
Growth DCF
Growth DCF €4.56 €7.25 €12.04 80
Rev-Margin DCF €10.18 €22.38 €42.64 74
Economic Profit
Residual Income €5.60 €6.16 €8.02 76
ROIC Compounder €7.84 €10.21 €11.97 72
Growth Earnings
Growth-Adj P/E €16.92 €24.17 €31.42 68

Widest divergence: Growth Earnings (€24.17) versus Asset-Based (€4.53). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) €41.4M
Revenue growth (YoY) +14.9%
Net margin 10.8%
Return on equity 13.2%
Free cash flow €2.4M FY2024
P/E ratio 29.1
More key figures
Operating margin 17.8%
EPS (TTM) €0.9300
EPS growth (YoY) +30.4%
Net debt €3.3M FY2024

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 50/100

Of which business quality 53 · Market factors (momentum, volatility) 69

Profitability 53
Margins and returns on capital today
Quality Growth 48
Are margins and returns improving?
Cashflow 64
Earnings quality: real cash, not paper profit
Fin. Strength 73
Balance sheet, leverage, solvency risk
Investment 18
Disciplined investing over empire-building
Low Volatility 80
Calm price path (market factor)
Momentum 61
Price trend over the last 3–12 months (market factor)
52W Momentum 71
Distance to the 52-week high (market factor)
Net Issuance 38
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Dominion Hosting Holding S.p.A., together with its subsidiaries, provides integrated B2B cloud and internet products and services in Italy, Croatia, Slovenia, Serbia, Switzerland, and Bulgaria.

Full company description

Dominion Hosting Holding S.p.A., together with its subsidiaries, provides integrated B2B cloud and internet products and services in Italy, Croatia, Slovenia, Serbia, Switzerland, and Bulgaria. It operates through Infrastructure as a Service, Platform as a Service, Software as a Service, Internet access, Datacenter and Networking, and Managed Services segments. The company offers cloud computing, such as solutions as-a-services (SaaS), IaaS, and PaaS services; domain registration; shared hosting; dedicated servers; cloud services; cloud servers, housing, and colocation solutions; and cloud computing for artificial intelligence. It also provides internet connectivity; cloud connectivity, online streaming technology, VOIP, virtual private networks, and wide area networks; domain management; cloud hosting, such as SSL certificates, data management certificates, website builders, and business mail products; cybersecurity solutions, including email protection, DDoS protection, and web application firewalls. Dominion Hosting Holding S.p.A. was founded in 2015 and is based in Milan, Italy.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Dominion Hosting Holding reported revenue of €40.3M in FY2025 versus €19.8M in FY2021, a compound +19.4%/yr. Reported net income was €4.5M in FY2025, compounding +8.7%/yr from FY2021.

Growth Quality 86/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
€40.3M
Latest YoY
+12.3%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.9%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+33.9%
Avg. growth/yr (10Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+27.5%
Revenue +19.4%/yr
FY21 €19.8M
FY22 €29.6M
FY23 €33.7M
FY24 €35.9M
FY25 €40.3M
Net income +8.7%/yr
FY21 €3.2M
FY22 €743K
FY23 €2.2M
FY24 €3.6M
FY25 €4.5M

DHH screens 38% overvalued. Compare with Microsoft Corporation →

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Cite: Fair Value Calculator (2026). "Dominion Hosting Holding Fair Value". https://www.fairvalue-calculator.com/stock/DHH

Peer Group

Software - Infrastructure · 370 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 50 · Below median
Fair Value upside −38% · Below median
Return on equity (TTM) 13% · Above median
Return on assets 7% · Top 25%
Net margin (TTM) 11% · Above median
Operating margin (TTM) 18% · Top 25%
Revenue growth 15% · Above median
Debt / equity 0.38× · Higher than median

Valuation Multiples vs Software - Infrastructure median · lower = cheaper

P/E (TTM) 29.1× · Pricier than median
P/B 4.63× · Pricier than 75% of peers
P/S (TTM) 4.22× · Pricier than median
P/FCF 73.2× · Pricier than 75% of peers
EV/EBITDA 17.6× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 75 · sector 46
PAST 53 · sector 15
HEALTH 81 · sector 98
DIVIDEND 0 · sector 28

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Software - Infrastructure stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Microsoft Corporation MSFT $384.00 $274.17 -29%
Oracle Corporation ORAC C$9.08 C$2.94 -68%
Fortinet, Inc FTNT $160.78 $44.96 -72%
Synopsys, Inc 1SNPS €354.50 €93.61 -74%
Block, Inc XYZ A$114.53 A$70.69 -38%
CoreWeave, Inc CRWV $79.94 $44.89 -44%
Range Intelligent Computing Technology Group 300442 ¥71.60 ¥34.00 -53%
Oracle Financial Services Software Limited OFSS ₹11,651 ₹5,821 -50%
360 Security Technology Inc 601360 ¥9.64 ¥5.05 -48%
One97 Communications Limited PAYTM ₹1,342 ₹181.50 -86%

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Frequently asked questions

Is Dominion Hosting Holding (DHH) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of €15.98 versus a price of €25.60, about −38% (overvalued).
What is the fair value of DHH?
Our model-based fair value for Dominion Hosting Holding is €15.98 (as of Jul 16, 2026), built from audited fundamentals. The current price is €25.60.
What is the quality score of DHH?
Dominion Hosting Holding has a Quality Score of 50/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Dominion Hosting Holding (DHH)?
Dominion Hosting Holding reported trailing-twelve-month revenue of about €41.4M (latest available figure, as of Jul 16, 2026).
What is the net profit margin of DHH?
The net profit margin of Dominion Hosting Holding is about 10.8%, meaning it keeps roughly 10.8% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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