Independent equity research
Is Distribuidora Internacional de Alimentacion, S.A. (DIA) a Buy, Hold or Sell?
Distribuidora Internacional de Alimentacion, S.A. — our independent, AI-built valuation and rating, in brief.
HOLD (trim into strength)
12-mo fair value
€40.00
To fair value
−10%
By · report dated 2026-09-14 · fair value derived independently of the market price.
The thesis, in brief
DIA's Spanish engine is genuinely excellent - four consecutive like-for-like accelerations to +8.8%, volume-led, at prices below food inflation - but at EUR 41.45 the equity already pays for it: our own cash flows say EUR 40, and the buyer gets no dividend before 2027 alongside a 77.7% owner
How we value it
We value Distribuidora Internacional de Alimentacion, S.A. using DCF on pre-IFRS-16 FCFF at an 8.8% WACC, cross-checked on lease-inclusive EV/EBITDA. The 12-month fair value is set from that intrinsic estimate first, then compared to the market to read the upside or downside — never anchored to the current price.
What the full report covers
- Business & moat + industry cycle
- Earnings quality & normalized EPS
- Returns on capital (ROIC vs WACC)
- Balance-sheet safety
- Two independent valuations (DCF + multiples)
- Bear / base / bull fair values
- Earnings-call analysis
- Insider activity & positioning
- Technicals (RSI / ADX)
- A falsifiable thesis
Read the full Distribuidora Internacional de Alimentacion, S.A. report
The complete model, the scenarios, and every number behind the call — plus other names across the coverage. One subscription, cancel anytime.