ERG S.p.A.

BIT:ERG Lagerbericht

Marktkapitalisierung: €3.4b

ERG Management

Management Kriterienprüfungen 3/4

Wir verfügen derzeit nicht über ausreichende Informationen über den CEO.

Wichtige Informationen

Paolo Merli

Geschäftsführender

€3.2m

Gesamtvergütung

Prozentsatz des Geschäftsführergehalts35.51%
Amtszeit als Geschäftsführer5.1yrs
Eigentum des Geschäftsführersn/a
Durchschnittliche Amtszeit des Managementskeine Daten
Durchschnittliche Amtszeit der Vorstandsmitglieder4.4yrs

Jüngste Management Updates

Recent updates

Analyseartikel Feb 12

ERG (BIT:ERG) Is Doing The Right Things To Multiply Its Share Price

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Narrativ-Update Feb 06

ERG: Lower Discount Rate And Higher Margins Will Shape Fair Near-Term Outlook

Analysts have lifted their fair value estimate for ERG from $23.43 to $23.90, citing updated assumptions for discount rates, profit margins and future P/E that they see as better reflecting the company’s risk profile and earnings power. What's in the News Board meeting scheduled for March 11, 2026 to review and approve ERG S.p.A.'s consolidated financial statements and draft financial statements as of December 31, 2025 (Key Developments).
Narrativ-Update Jan 23

ERG: Slight P/E Adjustment Will Sustain Concern Over Stretchy Share Pricing

Analysts have trimmed their price target on ERG by a modest amount, citing slightly higher discount rate and revenue growth assumptions alongside a small adjustment to future P/E expectations. Together, these changes fine tune their valuation rather than signal a major shift in view.
Narrativ-Update Jan 09

ERG: Lower Margin Outlook Will Pressure Returns Despite Reduced Discount Rate

Analysts have kept their ERG fair value target steady at $20.00, with the latest adjustment reflecting updated assumptions for discount rate, revenue growth, profit margin and future P/E, rather than a shift in their overall price view. What's in the News Board meeting scheduled for March 11, 2026, to review and approve ERG S.p.A.'s consolidated financial statements and draft financial statements as of December 31, 2025 (Key Developments).
Analyseartikel Dec 30

ERG (BIT:ERG) Has A Somewhat Strained Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Narrativ-Update Dec 15

ERG: Discount Rate Shift And Modest Margin Pressure Will Shape Outlook

Analysts have raised their price target on ERG by 0.50 to 20.00, citing slightly stronger expected revenue growth and a modestly lower discount rate, which more than offset a small reduction in projected profit margins. Valuation Changes Fair Value: Raised slightly from €19.50 to €20.00 per share, reflecting a modest uplift in intrinsic valuation.
Narrativ-Update Nov 30

ERG: Lower Discount Rate And Higher P/E Will Shape Near-Term Performance

Analysts have raised their fair value estimate for ERG by $0.60 to $23.43. This change reflects adjustments in discount rates and expectations for future growth and profitability.
Analyseartikel Nov 26

Some May Be Optimistic About ERG's (BIT:ERG) Earnings

Shareholders appeared unconcerned with ERG S.p.A.'s ( BIT:ERG ) lackluster earnings report last week. We think that the...
Analyseartikel Nov 24

Is ERG S.p.A. (BIT:ERG) Expensive For A Reason? A Look At Its Intrinsic Value

Key Insights Using the 2 Stage Free Cash Flow to Equity, ERG fair value estimate is €16.00 ERG is estimated to be 35...
Narrativ-Update Nov 16

ERG: Shifts In Discount Rate And P/E Ratio Will Influence Future Stability

Analysts have raised their price target for ERG from $22.58 to $22.83, citing small shifts in the discount rate and projected future price-to-earnings ratios as supporting factors for the update. Valuation Changes Fair Value has increased slightly from €22.58 to €22.83.
Analyseartikel Oct 31

Slowing Rates Of Return At ERG (BIT:ERG) Leave Little Room For Excitement

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Analyseartikel Sep 17

ERG (BIT:ERG) Takes On Some Risk With Its Use Of Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analyseartikel Aug 06

ERG S.p.A. Recorded A 5.5% Miss On Revenue: Analysts Are Revisiting Their Models

As you might know, ERG S.p.A. ( BIT:ERG ) recently reported its second-quarter numbers. Results look mixed - while...
Analyseartikel Jul 07

Estimating The Fair Value Of ERG S.p.A. (BIT:ERG)

Key Insights The projected fair value for ERG is €17.65 based on 2 Stage Free Cash Flow to Equity ERG's €18.98 share...
Analyseartikel Jun 16

We Think ERG (BIT:ERG) Is Taking Some Risk With Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analyseartikel May 18

The ERG S.p.A. (BIT:ERG) First-Quarter Results Are Out And Analysts Have Published New Forecasts

The quarterly results for ERG S.p.A. ( BIT:ERG ) were released last week, making it a good time to revisit its...
Analyseartikel May 08

Returns On Capital At ERG (BIT:ERG) Have Hit The Brakes

If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Analyseartikel Mar 15

ERG S.p.A. Just Missed EPS By 5.5%: Here's What Analysts Think Will Happen Next

The analysts might have been a bit too bullish on ERG S.p.A. ( BIT:ERG ), given that the company fell short of...
Analyseartikel Mar 03

Estimating The Fair Value Of ERG S.p.A. (BIT:ERG)

Key Insights ERG's estimated fair value is €19.59 based on 2 Stage Free Cash Flow to Equity With €18.27 share price...
Analyseartikel Feb 13

ERG (BIT:ERG) Has A Somewhat Strained Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analyseartikel Jan 25

Pinning Down ERG S.p.A.'s (BIT:ERG) P/E Is Difficult Right Now

With a median price-to-earnings (or "P/E") ratio of close to 14x in Italy, you could be forgiven for feeling...
Analyseartikel Jan 07

Returns At ERG (BIT:ERG) Are On The Way Up

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...
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Neues Narrativ Dec 31

Global Expansion And Tactical PPAs With Tier 1 Corporates Will Drive Revenue Growth And Boost Earnings

Strategic investments and new assets aim to bolster future revenue through expanded capacity and repowering efforts.
Analyseartikel Nov 22

Shareholders Can Be Confident That ERG's (BIT:ERG) Earnings Are High Quality

Even though ERG S.p.A.'s ( BIT:ERG ) recent earnings release was robust, the market didn't seem to notice. We think...
Analyseartikel Nov 02

Does ERG (BIT:ERG) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analyseartikel Oct 10

Getting In Cheap On ERG S.p.A. (BIT:ERG) Is Unlikely

With a median price-to-earnings (or "P/E") ratio of close to 14x in Italy, you could be forgiven for feeling...
Analyseartikel Jul 27

Returns At ERG (BIT:ERG) Are On The Way Up

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analyseartikel Jul 02

Is ERG (BIT:ERG) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analyseartikel Apr 26

Risks To Shareholder Returns Are Elevated At These Prices For ERG S.p.A. (BIT:ERG)

When close to half the companies in Italy have price-to-earnings ratios (or "P/E's") below 14x, you may consider ERG...
Analyseartikel Apr 04

ERG's (BIT:ERG) Solid Earnings Are Supported By Other Strong Factors

ERG S.p.A. ( BIT:ERG ) just reported healthy earnings but the stock price didn't move much. Our analysis suggests that...
Analyseartikel Mar 15

ERG (BIT:ERG) Seems To Use Debt Quite Sensibly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analyseartikel Feb 22

Investors Met With Slowing Returns on Capital At ERG (BIT:ERG)

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Analyseartikel Jan 05

Investors Still Waiting For A Pull Back In ERG S.p.A. (BIT:ERG)

With a price-to-earnings (or "P/E") ratio of 34.2x ERG S.p.A. ( BIT:ERG ) may be sending very bearish signals at the...
Analyseartikel Nov 03

ERG (BIT:ERG) Has Some Way To Go To Become A Multi-Bagger

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
Analyseartikel Sep 18

Is ERG (BIT:ERG) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analyseartikel Jul 07

There's Been No Shortage Of Growth Recently For ERG's (BIT:ERG) Returns On Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analyseartikel May 24

These 4 Measures Indicate That ERG (BIT:ERG) Is Using Debt Reasonably Well

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analyseartikel Apr 05

ERG (BIT:ERG) Is Doing The Right Things To Multiply Its Share Price

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Analyseartikel Feb 23

Is ERG (BIT:ERG) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analyseartikel Nov 22

Does ERG (BIT:ERG) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analyseartikel Aug 16

Is ERG (BIT:ERG) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analyseartikel Jul 19

Do ERG's (BIT:ERG) Earnings Warrant Your Attention?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analyseartikel May 18

Upgrade: Analysts Just Made A Sizeable Increase To Their ERG S.p.A. (BIT:ERG) Forecasts

ERG S.p.A. ( BIT:ERG ) shareholders will have a reason to smile today, with the analysts making substantial upgrades to...
Analyseartikel May 08

Does ERG (BIT:ERG) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Analyse der Geschäftsführervergütung

Wie hat sich die Vergütung von Paolo Merli im Vergleich zu den Einnahmen von ERG verändert?
DatumGesamtvergütungGehaltUnternehmensgewinne
Mar 31 2026n/an/a

€104m

Dec 31 2025€3m€1m

€92m

Sep 30 2025n/an/a

€167m

Jun 30 2025n/an/a

€136m

Mar 31 2025n/an/a

€158m

Dec 31 2024€3m€1m

€189m

Sep 30 2024n/an/a

€196m

Jun 30 2024n/an/a

€228m

Mar 31 2024n/an/a

€213m

Dec 31 2023n/an/a

€214m

Sep 30 2023n/an/a

€119m

Jun 30 2023n/an/a

€129m

Mar 31 2023n/an/a

€85m

Dec 31 2022€3m€989k

€85m

Sep 30 2022n/an/a

€277m

Jun 30 2022n/an/a

€62m

Mar 31 2022n/an/a

€223m

Dec 31 2021€3m€797k

€84m

Sep 30 2021n/an/a

€151m

Jun 30 2021n/an/a

€130m

Mar 31 2021n/an/a

€120m

Dec 31 2020€609k€400k

€108m

Vergütung im Vergleich zum Markt: PaoloDie Gesamtvergütung ($USD3.73M) liegt im Durchschnitt der Unternehmen ähnlicher Größe auf dem Markt Italian ($USD3.27M).

Entschädigung vs. Einkommen: PaoloDie Vergütung des Vorstandsvorsitzenden entsprach im vergangenen Jahr der Unternehmensleistung.


Geschäftsführer

Paolo Merli (54 yo)

5.1yrs
Amtszeit
€3,202,870
Vergütung

Mr. Paolo Luigi Merli serves as Chief Executive Officer and Director of ERG S.p.A. since April 26, 2021. He had been the Chief Financial Officer of ERG SpA since March 11, 2014 until April 26, 2021 and ser...


Vorstandsmitglieder

NamePositionAmtszeitVergütungEigentümerschaft
Edoardo Garrone
Founder & Executive Chairman28.6yrs€710.00kkeine Daten
Paolo Merli
CEO & Director5.1yrs€3.20mkeine Daten
Alessandro Garrone
Executive Deputy Chairman28.6yrs€1.42mkeine Daten
Elisabetta Oliveri
Lead Independent Director8.1yrs€210.00kkeine Daten
Giovanni Mondini
Non-Executive Deputy Chairman of the Board28.6yrs€213.88kkeine Daten
Barbara Poggiali
Director2.3yrs€130.00kkeine Daten
Marina Natale
Independent Director2.3yrs€115.00kkeine Daten
Daniela Toscani
Independent Director2.3yrs€70.00kkeine Daten
Elisabetta Caldera
Independent Director2.3yrs€105.00kkeine Daten
Federica Lolli
Independent Director5.1yrs€150.00kkeine Daten
Monica Mannino
Chairman of Board of Statutory Auditors3.1yrskeine Datenkeine Daten
Renato Pizzolla
Non-Executive Director3.7yrs€130.00kkeine Daten
4.4yrs
Durchschnittliche Betriebszugehörigkeit
62yo
Durchschnittliches Alter

Erfahrener Vorstand: ERGDie Vorstandsmitglieder gelten als erfahren (4.4 Jahre durchschnittliche Amtszeit).


Unternehmensanalyse und Finanzdaten Status

DatenZuletzt aktualisiert (UTC-Zeit)
Unternehmensanalyse2026/05/26 21:04
Aktienkurs zum Tagesende2026/05/26 00:00
Gewinne2026/03/31
Jährliche Einnahmen2025/12/31

Datenquellen

Die in unserer Unternehmensanalyse verwendeten Daten stammen von S&P Global Market Intelligence LLC. Die folgenden Daten werden in unserem Analysemodell verwendet, um diesen Bericht zu erstellen. Die Daten sind normalisiert, was zu einer Verzögerung bei der Verfügbarkeit der Quelle führen kann.

PaketDatenZeitrahmenBeispiel US-Quelle *
Finanzdaten des Unternehmens10 Jahre
  • Gewinn- und Verlustrechnung
  • Kapitalflussrechnung
  • Bilanz
Konsensschätzungen der Analysten+3 Jahre
  • Finanzielle Vorausschau
  • Kursziele der Analysten
Marktpreise30 Jahre
  • Aktienkurse
  • Dividenden, Splits und Aktionen
Eigentümerschaft10 Jahre
  • Top-Aktionäre
  • Insiderhandel
Verwaltung10 Jahre
  • Das Führungsteam
  • Direktorium
Wichtige Entwicklungen10 Jahre
  • Ankündigungen des Unternehmens

* Beispiel für US-Wertpapiere, für nicht-US-amerikanische Wertpapiere werden gleichwertige regulatorische Formulare und Quellen verwendet.

Sofern nicht anders angegeben, beziehen sich alle Finanzdaten auf einen Jahreszeitraum, werden aber vierteljährlich aktualisiert. Dies wird als Trailing Twelve Month (TTM) oder Last Twelve Month (LTM) Daten bezeichnet. Erfahren Sie mehr.

Analysemodell und Schneeflocke

Einzelheiten zu dem Analysemodell, mit dem dieser Bericht erstellt wurde, finden Sie auf unserer Github-Seite. Außerdem bieten wir Leitfäden zur Verwendung unserer Berichte und Tutorials auf YouTube an.

Erfahren Sie mehr über das Weltklasse-Team, das das Simply Wall St-Analysemodell entworfen und entwickelt hat.

Metriken für Industrie und Sektor

Unsere Branchen- und Sektionskennzahlen werden alle 6 Stunden von Simply Wall St berechnet. Details zu unserem Verfahren finden Sie auf Github.

Analysten-Quellen

ERG S.p.A. wird von 23 Analysten beobachtet. 8 dieser Analysten hat die Umsatz- oder Gewinnschätzungen übermittelt, die als Grundlage für unseren Bericht dienen. Die von den Analysten übermittelten Daten werden im Laufe des Tages aktualisiert.

AnalystEinrichtung
Francesco SalaBanca Akros S.p.A. (ESN)
Tommaso MarabiniBanca Akros S.p.A. (ESN)
Francesco SalaBanca Akros S.p.A. (ESN)