Stock IG ITALGAS S.P.A.
Add to a list
To use this feature you must be a member
Log inSign up

Financials Italgas S.p.A.

Equities

IG

IT0005211237

Natural Gas Utilities

Market Closed - Borsa Italiana
Other stock markets
 11:44:59 2024-04-26 am EDT 		5-day change 1st Jan Change
5.195 EUR +1.46% Intraday chart for Italgas S.p.A. +2.47% +0.29%
Apr. 24 Italgas finalizes acquisition of Veolia's stake in Acqua Campania AN
Apr. 11 Stock markets down ahead of ECB decision AN

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,405 4,208 4,901 4,205 4,200 4,214 - -
Enterprise Value (EV) 1 8,890 8,944 9,881 10,205 4,200 10,847 10,918 10,898
P/E ratio 10.5 x 11.1 x 13.4 x 10.4 x - 8.94 x 8.69 x 8.24 x
Yield 4.7% 5.33% 4.87% 6.11% - 7.24% 7.53% 8.32%
Capitalization / Revenue 3.5 x 2.92 x 3.58 x 2.74 x 2.37 x 2.3 x 2.23 x 2.09 x
EV / Revenue 7.07 x 6.2 x 7.21 x 6.64 x 2.37 x 5.92 x 5.76 x 5.41 x
EV / EBITDA 9.8 x 9.21 x 9.79 x 9.43 x 3.55 x 8.28 x 8.05 x 7.58 x
EV / FCF -597 x -634 x 199 x -12.7 x - 34.2 x 57.9 x 42.4 x
FCF Yield -0.17% -0.16% 0.5% -7.87% - 2.92% 1.73% 2.36%
Price to Book 2.82 x 2.42 x 2.59 x 2.22 x - 1.64 x 1.48 x 1.44 x
Nbr of stocks (in thousands) 809,136 809,136 809,768 810,246 810,745 811,242 - -
Reference price 2 5.444 5.200 6.052 5.190 5.180 5.195 5.195 5.195
Announcement Date 3/11/20 3/11/21 3/10/22 3/9/23 3/12/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,258 1,442 1,371 1,537 1,775 1,833 1,894 2,015
EBITDA 1 907.5 971.4 1,009 1,083 1,184 1,310 1,357 1,438
EBIT 1 516 546.8 583.2 622.8 681.2 781.1 817.8 862.5
Operating Margin 41.02% 37.91% 42.54% 40.51% 38.38% 42.61% 43.18% 42.8%
Earnings before Tax (EBT) 1 547.5 555.6 525.3 588.5 586.1 660.9 692.2 736
Net income 1 417.2 383 362.8 407.3 439.6 472.6 479.3 499.1
Net margin 33.17% 26.56% 26.47% 26.49% 24.77% 25.78% 25.3% 24.77%
EPS 2 0.5200 0.4700 0.4500 0.5000 - 0.5811 0.5975 0.6304
Free Cash Flow 1 -14.9 -14.1 49.7 -803 - 317 188.5 257
FCF margin -1.18% -0.98% 3.63% -52.23% - 17.29% 9.95% 12.75%
FCF Conversion (EBITDA) - - 4.93% - - 24.2% 13.89% 17.87%
FCF Conversion (Net income) - - 13.7% - - 67.08% 39.32% 51.49%
Dividend per Share 2 0.2560 0.2770 0.2950 0.3170 - 0.3762 0.3911 0.4323
Announcement Date 3/11/20 3/11/21 3/10/22 3/9/23 3/12/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 646.8 665.4 340.3 365.1 354 353.4 707.4 379.6 450.3 479.9 451.9 931.8 438 405 533 501.9 486.5 402.8
EBITDA 462.7 489.1 259.9 259.9 250 263.3 513.3 272.1 297.3 297.2 309.8 607 303.5 273.2 - - - -
EBIT 1 252.8 279.4 151.2 152.6 141.9 154.1 296 158.9 167.9 172.5 186.3 358.8 177.9 144.5 191.6 206.9 197.6 200.9
Operating Margin 39.08% 41.99% 44.43% 41.8% 40.08% 43.6% 41.84% 41.86% 37.29% 35.94% 41.23% 38.51% 40.62% 35.68% 35.95% 41.23% 40.62% 49.87%
Earnings before Tax (EBT) 227.4 248.7 138.2 132 128.2 144.7 272.9 144.3 171.3 153 160.9 313.9 150.2 122 - - - -
Net income 153.4 171.2 97.5 89.2 88.9 60.1 188.3 100.2 118.7 103.6 109.6 213.2 103.5 122.9 - - - -
Net margin 23.72% 25.73% 28.65% 24.43% 25.11% 17.01% 26.62% 26.4% 26.36% 21.59% 24.25% 22.88% 23.63% 30.35% - - - -
EPS - - - - - 0.1200 - - - - - - - - - - - -
Dividend per Share - 0.2770 - - - - - - - - - - - - - - - -
Announcement Date 7/27/20 7/27/21 10/27/21 3/10/22 5/2/22 7/25/22 7/25/22 10/27/22 3/9/23 5/4/23 7/25/23 7/25/23 10/25/23 3/12/24 - - - -
1EUR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 4,485 4,737 4,980 6,000 - 6,632 6,704 6,684
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 4.942 x 4.876 x 4.936 x 5.542 x - 5.063 x 4.941 x 4.647 x
Free Cash Flow 1 -14.9 -14.1 49.7 -803 - 317 188 257
ROE (net income / shareholders' equity) 26.7% 23.2% 20% 20.4% - 19.7% 18.2% 17.9%
ROA (Net income/ Total Assets) 6.15% 4.41% 3.76% 3.85% - 4.19% 4.16% 4.03%
Assets 1 6,785 8,681 9,638 10,591 - 11,269 11,535 12,385
Book Value Per Share 2 1.930 2.150 2.340 2.330 - 3.170 3.510 3.610
Cash Flow per Share 2 0.8600 0.9400 1.030 0.7100 - 1.360 1.310 1.390
Capex 1 740 742 782 766 - 883 834 899
Capex / Sales 58.83% 51.44% 57.06% 49.83% - 48.14% 44.01% 44.62%
Announcement Date 3/11/20 3/11/21 3/10/22 3/9/23 3/12/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Italgas S.p.A.

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
5.195 EUR
Average target price
5.911 EUR
Spread / Average Target
+13.78%
Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

Sector Natural Gas Distribution

1st Jan change Capi.
ITALGAS S.P.A. Stock Italgas S.p.A.
+0.29% 4.5B
THE HONG KONG AND CHINA GAS CO LTD Stock The Hong Kong and China Gas Co Ltd
0.00% 14.25B
ENN ENERGY HOLDINGS LIMITED Stock ENN Energy Holdings Limited
+16.26% 9.6B
KUNLUN ENERGY COMPANY LIMITED Stock Kunlun Energy Company Limited
+7.95% 8.41B
ENN NATURAL GAS CO.,LTD. Stock ENN Natural Gas Co.,Ltd.
+5.35% 7.53B
CHINA RESOURCES GAS GROUP LIMITED Stock China Resources Gas Group Limited
-3.52% 7.3B
GRUPO ENERGÍA BOGOTÁ S.A. E.S.P. Stock Grupo Energía Bogotá S.A. E.S.P.
+28.95% 5.72B
NEW FORTRESS ENERGY INC. Stock New Fortress Energy Inc.
-28.15% 5.56B
SOUTHWEST GAS HOLDINGS, INC. Stock Southwest Gas Holdings, Inc.
+18.39% 5.37B
UGI CORPORATION Stock UGI Corporation
+3.17% 5.32B
Natural Gas Distribution
  1. Stock Market
  2. Equities
  3. IG Stock
  4. Financials Italgas S.p.A.