-0.26%
5.49%
1.77%
16.13%
11.41%
-3.68%
-3.19%
AI Spotlight on IG
Company Description
Italgas S.p.A., together with its subsidiaries, engages in the distribution of natural gas in Italy.It is involved in the transportation of gas through local pipeline networks from the delivery points at the reduction and measurement stations interconnected with the transport networks to the points of final delivery to households, enterprises, etc.The company operated a distribution network of 74,397 kilometers.
It also engages in metering activities; and distributes and sells water.The company was founded in 1837 and is based in Milan, Italy.
Market Data
| Last Price | 5.76 |
| Change Percentage | -0.26% |
| Open | 5.78 |
| Previous Close | 5.78 |
| Market Cap ( Millions) | 4673 |
| Volume | 1961833 |
| Year High | 5.91 |
| Year Low | 4.57 |
| M A 50 | 5.5 |
| M A 200 | 5.25 |
Financial Ratios
| FCF Yield | 15.92% |
| Dividend Yield | 6.11% |
| ROE | 20.45% |
| Debt / Equity | 323.09% |
| Net Debt / EBIDTA | 545.53% |
| Price To Book | 2.1 |
| Price Earnings Ratio | 10.14 |
| Price To FCF | 6.28 |
| Price To sales | 1.85 |
| EV / EBITDA | 9.17 |
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Gas Distribution
Expected Growth : 4.83 %
What the company do ?
Gas Distribution from Italgas S.p.A. refers to the transportation and supply of natural gas to households, businesses, and industries through a network of pipelines in Italy.
Why we expect these perspectives ?
Italgas S.p.A.'s 4.83% growth in Gas Distribution is driven by increasing demand for clean energy, government incentives for gas infrastructure development, and strategic acquisitions expanding its customer base. Additionally, investments in digitalization and grid modernization have improved operational efficiency, further boosting growth.
Segment n°2 -> Energy Efficiency
Expected Growth : 4.83 %
What the company do ?
Italgas S.p.A. prioritizes energy efficiency through sustainable practices, reducing energy consumption and emissions, and promoting eco-friendly solutions for a greener future.
Why we expect these perspectives ?
Italgas S.p.A.'s 4.83% growth in Energy Efficiency is driven by increasing adoption of smart meters, government incentives for sustainable energy, and rising demand for energy-efficient solutions. Additionally, the company's investments in digitalization and innovation, as well as its focus on reducing energy consumption and emissions, contribute to its growth in this segment.
Segment n°3 -> Corporate and Other
Expected Growth : 9.27 %
What the company do ?
Corporate and Other from Italgas S.p.A. refers to the company's non-regulated activities, including energy efficiency, renewable energy, and other minor businesses.
Why we expect these perspectives ?
Italgas S.p.A.'s Corporate and Other segment growth of 9.27% is driven by increased investments in digitalization and process optimization, cost savings initiatives, and a favorable regulatory environment. Additionally, the company's focus on sustainability and energy transition efforts have contributed to the growth.
Italgas S.P.A. Products
| Product Range | What is it ? |
|---|---|
| Natural Gas Distribution | Italgas S.p.A. is responsible for the transportation and distribution of natural gas to households, businesses, and industries. |
| LNG Regasification | Italgas S.p.A. operates liquefied natural gas (LNG) regasification terminals, providing a vital link in the natural gas supply chain. |
| Gas Metering and Management | Italgas S.p.A. provides gas metering and management services, ensuring accurate measurement and billing of natural gas consumption. |
| Energy Efficiency Solutions | Italgas S.p.A. offers energy efficiency solutions, helping customers reduce energy consumption and lower their environmental impact. |
| Renewable Energy Solutions | Italgas S.p.A. invests in renewable energy sources, such as biomethane and hydrogen, to promote a sustainable energy future. |
Italgas S.p.A.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Italgas S.p.A. is medium, as there are alternative energy sources available, but they are not yet widely adopted.
Bargaining Power Of Customers
The bargaining power of customers for Italgas S.p.A. is low, as the company operates in a regulated industry and has a strong market position.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Italgas S.p.A. is medium, as the company relies on a few large suppliers, but has some flexibility in its procurement practices.
Threat Of New Entrants
The threat of new entrants for Italgas S.p.A. is low, as the company operates in a highly regulated industry with significant barriers to entry.
Intensity Of Rivalry
The intensity of rivalry for Italgas S.p.A. is high, as the company operates in a competitive market with several large players.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 75.09% |
| Debt Cost | 3.95% |
| Equity Weight | 24.91% |
| Equity Cost | 6.81% |
| WACC | 4.66% |
| Leverage | 301.50% |
Italgas S.p.A. : Quality Control
Italgas S.p.A. passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| ALA.TO | AltaGas Ltd. operates as an energy infrastructure company in North America. The company operates through Utilities and Midstream segments. The Utilities segment owns and operates rate-regulated natural gas distribution and … |
| ENG.MC | Enagás, S.A. engages in the development, operation, and maintenance of gas infrastructures in Spain, Mexico, Chile, Peru, Albania, Greece, Italy, and the United States. It operates through Gas transmission, Regasification, … |
| EVN.VI | EVN AG provides energy and environmental services for private and business customers, as well as municipalities in Austria, Bulgaria, Croatia, Germany, and Albania. The company operates through Energy, Generation, Networks, … |
| CNA.L | Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Norway, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, … |
| SRG.MI | Snam S.p.A., together with its subsidiaries, engages in the operation of natural gas transport and storage infrastructure in Italy. The company operates through Natural Gas Transportation, Liquefied Natural Gas (LNG) … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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AltaGas
A-Score
1-Year Total Return ->
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Italgas
A-Score
1-Year Total Return ->
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Centrica
A-Score
1-Year Total Return ->
4
EVN
A-Score
1-Year Total Return ->
5
Snam
A-Score
1-Year Total Return ->
6
