Grid And Circular Investments Will Spark Urban Transition Amid Risks

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

30 Nov 24

Updated

04 Dec 25

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

5.7%

7D

0.7%

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1Y

5.7%

7D

0.7%

You can edit this narrative until Dec 5 10:05 AM. Then, changes will post as Updates.

Author's Valuation

€2.6713.8% undervalued

AnalystConsensusTarget Fair Value

Shared on 04 Dec 25

A2A: Stable Discount Rate And Margins Will Support Forward Momentum

Analysts have raised their price target on A2A from €2.67 to €2.80, citing improved visibility on stable discount rates and steady long term profit margins, despite modestly negative revenue growth expectations. Valuation Changes Fair Value: unchanged at approximately €2.67 per share, indicating no material revision to intrinsic value estimates.

Shared on 20 Nov 25

Fair value Increased 7.02%

A2A: Revenue Outlook Will Drive Forward Momentum Despite Margin Squeeze

Analysts have raised their price target for A2A from €2.49 to €2.67. They cited improved projections for revenue growth, despite a slightly higher discount rate and a marginal decrease in profit margin expectations.

Shared on 01 May 25

Fair value Decreased 3.42%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 23 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

Fair value Increased 1.98%

AnalystConsensusTarget has increased revenue growth from -3.1% to -2.6%.

Shared on 09 Apr 25

Fair value Increased 0.40%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Increased 4.13%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

Fair value Decreased 2.42%

AnalystConsensusTarget has increased revenue growth from -5.5% to -3.1%.

AnalystConsensusTarget Fair Value

€2.67

13.8% undervalued

Future estimation in

% p.a.

0

Decrease

Increase

Current revenue growth rate

4.08%

Other Utilities revenue growth rate

0.14%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

8.97%

Calculation

€686.20m

Earnings '28

x

15.66x

PE Ratio '28

=

€10.75b

Market Cap '28

€10.75b

Market Cap '28

/

3.12b

No. shares '28

=

€3.45

Share Price '28

€3.45 Share Price '28

Discounted to 2025 @ 8.97% p.a.

=

€2.67

Fair Value '25