ERG S.p.A.

Informe acción BIT:ERG

Capitalización de mercado: €3.4b

ERG Dirección

Dirección controles de criterios 3/4

Actualmente no disponemos de información suficiente sobre el CEO.

Información clave

Paolo Merli

Chief Executive Officer (CEO)

€3.2m

Compensación total

Porcentaje del salario del CEO35.51%
Permanencia del CEO5.1yrs
Participación del CEOn/a
Permanencia media de la direcciónsin datos
Promedio de permanencia en la Junta Directiva4.4yrs

Actualizaciones recientes de la dirección

Recent updates

Artículo de análisis 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...
Actualización de narrativa 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).
Actualización de narrativa 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.
Actualización de narrativa 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).
Artículo de análisis 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...
Actualización de narrativa 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.
Actualización de narrativa 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.
Artículo de análisis 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...
Artículo de análisis 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...
Actualización de narrativa 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.
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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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Nueva narrativa 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.
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...
Artículo de análisis 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...

Análisis de compensación del CEO

¿Cómo ha cambiado la remuneración de Paolo Merli en comparación con los beneficios de ERG?
FechaCompensación totalSalarioIngresos de la empresa
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

Compensación vs. Mercado: La compensación total ($USD3.73M) de Paolo está en línea con el promedio de empresas de tamaño similar en el mercado Italian ($USD3.27M).

Compensación vs. Ingresos: La compensación de Paolo ha sido consistente con los resultados de la empresa en el último año.


CEO

Paolo Merli (54 yo)

5.1yrs
Permanencia
€3,202,870
Compensación

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...


Miembros de la Junta

NombrePosiciónPermanenciaCompensaciónPropiedad
Edoardo Garrone
Founder & Executive Chairman28.6yrs€710.00ksin datos
Paolo Merli
CEO & Director5.1yrs€3.20msin datos
Alessandro Garrone
Executive Deputy Chairman28.6yrs€1.42msin datos
Elisabetta Oliveri
Lead Independent Director8.1yrs€210.00ksin datos
Giovanni Mondini
Non-Executive Deputy Chairman of the Board28.6yrs€213.88ksin datos
Barbara Poggiali
Director2.3yrs€130.00ksin datos
Marina Natale
Independent Director2.3yrs€115.00ksin datos
Daniela Toscani
Independent Director2.3yrs€70.00ksin datos
Elisabetta Caldera
Independent Director2.3yrs€105.00ksin datos
Federica Lolli
Independent Director5.1yrs€150.00ksin datos
Monica Mannino
Chairman of Board of Statutory Auditors3.1yrssin datossin datos
Renato Pizzolla
Non-Executive Director3.7yrs€130.00ksin datos
4.4yrs
Permanencia media
62yo
Promedio de edad

Junta con experiencia: La junta directiva de ERG se considera experimentada (4.4 años de antigüedad promedio).


Análisis de la empresa y estado de los datos financieros

DatosÚltima actualización (huso horario UTC)
Análisis de la empresa2026/05/26 23:32
Precio de las acciones al final del día2026/05/26 00:00
Beneficios2026/03/31
Ingresos anuales2025/12/31

Fuentes de datos

Los datos utilizados en nuestro análisis de empresas proceden de S&P Global Market Intelligence LLC. Los siguientes datos se utilizan en nuestro modelo de análisis para generar este informe. Los datos están normalizados, lo que puede introducir un retraso desde que la fuente está disponible.

PaqueteDatosMarco temporalEjemplo Fuente EE.UU. *
Finanzas de la empresa10 años
  • Cuenta de resultados
  • Estado de tesorería
  • Balance
Estimaciones del consenso de analistas+3 años
  • Previsiones financieras
  • Objetivos de precios de los analistas
Precios de mercado30 años
  • Precios de las acciones
  • Dividendos, escisiones y acciones
Propiedad10 años
  • Accionistas principales
  • Información privilegiada
Gestión10 años
  • Equipo directivo
  • Consejo de Administración
Principales avances10 años
  • Anuncios de empresas

* Ejemplo para valores de EE.UU., para no EE.UU. se utilizan formularios y fuentes normativas equivalentes.

A menos que se especifique lo contrario, todos los datos financieros se basan en un periodo anual, pero se actualizan trimestralmente. Esto se conoce como datos de los últimos doce meses (TTM) o de los últimos doce meses (LTM). Más información.

Modelo de análisis y copo de nieve

Los detalles del modelo de análisis utilizado para generar este informe están disponibles en nuestra página de Github, también tenemos guías sobre cómo utilizar nuestros informes y tutoriales en Youtube.

Conozca al equipo de talla mundial que diseñó y construyó el modelo de análisis Simply Wall St.

Métricas industriales y sectoriales

Simply Wall St calcula cada 6 horas nuestras métricas sectoriales y de sección. Los detalles de nuestro proceso están disponibles en Github.

Fuentes analistas

ERG S.p.A. está cubierta por 23 analistas. 8 de esos analistas presentaron las estimaciones de ingresos o ganancias utilizadas como datos para nuestro informe. Las estimaciones de los analistas se actualizan a lo largo del día.

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