View Financial HealthTerna 배당 및 자사주 매입배당 기준 점검 4/6Terna 수익으로 충분히 충당되는 현재 수익률 3.98% 보유한 배당금 지급 회사입니다. 다음 지급일은 24th June, 2026 이며 배당락일은 다음과 같습니다. 22nd June, 2026.핵심 정보4.0%배당 수익률0.05%자사주 매입 수익률총 주주 수익률4.0%미래 배당 수익률4.2%배당 성장률7.1%다음 배당 지급일24 Jun 26배당락일22 Jun 26주당 배당금n/a배당 성향70%최근 배당 및 자사주 매입 업데이트Declared Dividend • May 08Final dividend of €0.28 announcedDividend of €0.28 is the same as last year. Ex-date: 22nd June 2026 Payment date: 24th June 2026 Dividend yield will be 3.9%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Declared Dividend • Mar 30Final dividend of €0.28 announcedDividend of €0.28 is the same as last year. Ex-date: 22nd June 2026 Payment date: 24th June 2026 Dividend yield will be 4.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Declared Dividend • May 12Final dividend increased to €0.28Dividend of €0.28 is 23% higher than last year. Ex-date: 23rd June 2025 Payment date: 25th June 2025 Dividend yield will be 4.7%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 10% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Declared Dividend • Nov 10Dividend of €0.12 announcedShareholders will receive a dividend of €0.12. Ex-date: 18th November 2024 Payment date: 20th November 2024 Dividend yield will be 4.4%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (67% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 5.3% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Jun 17Upcoming dividend of €0.23 per shareEligible shareholders must have bought the stock before 24 June 2024. Payment date: 26 June 2024. Payout ratio is on the higher end at 77% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of Austrian dividend payers (6.3%). Lower than average of industry peers (5.6%).Declared Dividend • Feb 05Dividend of €0.21 announcedDividend of €0.21 is the same as last year. Ex-date: 24th June 2024 Payment date: 26th June 2024 Dividend yield will be 4.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (71% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 5.4% over the next 3 years, which should provide support to the dividend and adequate earnings cover.모든 업데이트 보기Recent updatesNew Risk • May 11New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • May 11First quarter 2026 earnings releasedFirst quarter 2026 results: EPS: €0.14. Revenue: €988.7m (up 9.6% from 1Q 2025). Net income: €276.6m (flat on 1Q 2025). Profit margin: 28% (down from 31% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 7% per year.Declared Dividend • May 08Final dividend of €0.28 announcedDividend of €0.28 is the same as last year. Ex-date: 22nd June 2026 Payment date: 24th June 2026 Dividend yield will be 3.9%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Apr 06Terna S.p.A., Annual General Meeting, May 12, 2026Terna S.p.A., Annual General Meeting, May 12, 2026, at 10:00 W. Europe Standard Time. Location: piazza giuseppe frua n 2, roma ItalyDeclared Dividend • Mar 30Final dividend of €0.28 announcedDividend of €0.28 is the same as last year. Ex-date: 22nd June 2026 Payment date: 24th June 2026 Dividend yield will be 4.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 28Full year 2025 earnings releasedFull year 2025 results: Revenue: €4.03b (up 10% from FY 2024). Net income: €1.11b (up 7.1% from FY 2024). Profit margin: 28% (in line with FY 2024). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Electric Utilities industry in Europe.공시 • Jan 30+ 3 more updatesTerna S.p.A. to Report First Half, 2026 Results on Jul 29, 2026Terna S.p.A. announced that they will report first half, 2026 results on Jul 29, 2026공시 • Nov 14+ 1 more updateTerna S.P.A. Provides Earnings Guidance for the Full Year 2025Terna S.p.A. provided earnings guidance for the full year 2025. For the year, the company expects revenues of EUR 4.03 billion and EBITDA of EUR 2.7 billion and a net profit of EUR 1.08 billion.공시 • Oct 24Terna Reportedly Mulls Options Including Stake Sale in EUR 25 Billion GridTerna S.p.A. (BIT:TRN) is evaluating options including the sale of a minority stake in Italy’s electricity grid, to pay for new projects and reduce debt, people familiar with the matter said. The state-controlled company is studying ways to fund an aggressive investment plan aimed at renewing and strengthening its Italian network, said the people, who asked not to be named discussing private conversations. The process could lead to teaming up with a financial partner, the people said. Terna estimates the value of its regulated assets will reach EUR 24.8 billion ($27.8 billion) by the end of this year as Chief Executive Officer Giuseppina Di Foggia pursues her investment program. The process of studying options is at an early stage, the people said. While the company is working with advisers, the plan is fluid, they added, cautioning that a transaction may not happen in the end. Shares of Terna reversed earlier losses to rise as much as 0.6% in Milan following Bloomberg’s report. The stock has advanced 18% this year. The company constantly analyzes financial instruments that can be used to develop the grid, and reflects those decisions in its industrial plan, a representative said. Terna declined to comment on any specific plans for a stake sale, saying it wouldn’t discuss “rumors or speculation”.Reported Earnings • May 17First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: €901.8m (up 5.1% from 1Q 2024). Net income: €275.3m (up 2.6% from 1Q 2024). Profit margin: 31% (in line with 1Q 2024). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Electric Utilities industry in Europe.Declared Dividend • May 12Final dividend increased to €0.28Dividend of €0.28 is 23% higher than last year. Ex-date: 23rd June 2025 Payment date: 25th June 2025 Dividend yield will be 4.7%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 10% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Jan 23+ 3 more updatesTerna S.p.A. to Report Fiscal Year 2024 Results on Mar 25, 2025Terna S.p.A. announced that they will report fiscal year 2024 results on Mar 25, 2025Declared Dividend • Nov 10Dividend of €0.12 announcedShareholders will receive a dividend of €0.12. Ex-date: 18th November 2024 Payment date: 20th November 2024 Dividend yield will be 4.4%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (67% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 5.3% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 08Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: €893.0m (up 17% from 3Q 2023). Net income: €267.8m (up 19% from 3Q 2023). Profit margin: 30% (in line with 3Q 2023). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Electric Utilities industry in Europe.Reported Earnings • Jul 31Second quarter 2024 earnings released: EPS: €0.14 (vs €0.10 in 2Q 2023)Second quarter 2024 results: EPS: €0.14 (up from €0.10 in 2Q 2023). Revenue: €886.1m (up 17% from 2Q 2023). Net income: €276.6m (up 31% from 2Q 2023). Profit margin: 31% (up from 28% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year.Buy Or Sell Opportunity • Jul 06Now 21% overvaluedOver the last 90 days, the stock has fallen 3.7% to €7.37. The fair value is estimated to be €6.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings are also forecast to grow by 3.0% per annum over the same time period.Upcoming Dividend • Jun 17Upcoming dividend of €0.23 per shareEligible shareholders must have bought the stock before 24 June 2024. Payment date: 26 June 2024. Payout ratio is on the higher end at 77% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of Austrian dividend payers (6.3%). Lower than average of industry peers (5.6%).Reported Earnings • May 09First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: €858.1m (up 20% from 1Q 2023). Net income: €268.2m (up 34% from 1Q 2023). Profit margin: 31% (up from 28% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat.Reported Earnings • Mar 20Full year 2023 earnings releasedFull year 2023 results: Revenue: €3.19b (up 9.0% from FY 2022). Net income: €882.9m (flat on FY 2022). Profit margin: 28% (down from 30% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat.Declared Dividend • Feb 05Dividend of €0.21 announcedDividend of €0.21 is the same as last year. Ex-date: 24th June 2024 Payment date: 26th June 2024 Dividend yield will be 4.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (71% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 5.4% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Jan 30+ 4 more updatesTerna S.p.A., Annual General Meeting, May 10, 2024Terna S.p.A., Annual General Meeting, May 10, 2024.Reported Earnings • Nov 10Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €761.8m (up 15% from 3Q 2022). Net income: €226.0m (up 20% from 3Q 2022). Profit margin: 30% (up from 28% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.7% decline forecast for the Electric Utilities industry in Europe.Reported Earnings • Jul 29Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: €773.5m (up 13% from 2Q 2022). Net income: €213.3m (up 3.4% from 2Q 2022). Profit margin: 28% (down from 30% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.9% decline forecast for the Electric Utilities industry in Europe.Upcoming Dividend • Jun 12Upcoming dividend of €0.21 per share at 4.0% yieldEligible shareholders must have bought the stock before 19 June 2023. Payment date: 21 June 2023. Payout ratio is a comfortable 72% but the company is paying out more than the cash it is generating. Trailing yield: 4.0%. Lower than top quartile of Austrian dividend payers (5.4%). Lower than average of industry peers (5.0%).Reported Earnings • May 07First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: €712.5m (up 11% from 1Q 2022). Net income: €200.7m (up 4.0% from 1Q 2022). Profit margin: 28% (down from 30% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 3.4% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 24Full year 2022 earnings releasedFull year 2022 results: Revenue: €2.96b (up 16% from FY 2021). Net income: €877.0m (up 11% from FY 2021). Profit margin: 30% (down from 31% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 3.7% decline forecast for the Electric Utilities industry in Europe.공시 • Jan 31+ 3 more updatesTerna - Rete Elettrica Nazionale Società per Azioni to Report Q1, 2023 Results on May 10, 2023Terna - Rete Elettrica Nazionale Società per Azioni announced that they will report Q1, 2023 results on May 10, 2023공시 • Jan 06Terna - Rete Elettrica Nazionale Società per Azioni (BIT:TRN) signed an agreement to acquire Edyna Transmission Srl from Alperia S.p.A. for approximately €14 million.Terna - Rete Elettrica Nazionale Società per Azioni (BIT:TRN) signed an agreement to acquire Edyna Transmission Srl from Alperia S.p.A. for approximately €14 million on January 5, 2023. The agreement is subject to the fulfilment of certain conditions precedent.Reported Earnings • Nov 12Third quarter 2022 earnings releasedThird quarter 2022 results: EPS: €0.094. Revenue: €661.6m (up 2.9% from 3Q 2021). Net income: €188.8m (down 3.6% from 3Q 2021). Profit margin: 28% (down from 31% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat.Reported Earnings • Jul 29Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: €686.4m (up 7.8% from 2Q 2021). Net income: €206.3m (up 6.2% from 2Q 2021). Profit margin: 30% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 3.9%, compared to a 1.5% growth forecast for the industry in Austria.Upcoming Dividend • Jun 13Upcoming dividend of €0.19 per shareEligible shareholders must have bought the stock before 20 June 2022. Payment date: 22 June 2022. Payout ratio is a comfortable 74% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of Austrian dividend payers (4.6%). In line with average of industry peers (4.3%).Reported Earnings • May 13First quarter 2022 earnings releasedFirst quarter 2022 results: EPS: €0.096. Revenue: €644.4m (up 3.6% from 1Q 2021). Net income: €191.8m (flat on 1Q 2021). Profit margin: 30% (in line with 1Q 2021). Over the next year, revenue is forecast to grow 5.5% while the industry in Austria is not expected to grow. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 19Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: €0.39 (up from €0.39 in FY 2020). Revenue: €2.60b (up 4.9% from FY 2020). Net income: €789.4m (flat on FY 2020). Profit margin: 30% (down from 32% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Over the next year, revenue is expected to shrink by 2.1% compared to a 2.7% growth forecast for the industry in Austria. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 8% per year.공시 • Dec 30Terna - Rete Elettrica Nazionale Società per Azioni (BIT:TRN) acquired Assets in the Verona Area from Megareti Spa and Azienda Generale Servizi Municipali di Verona S.p.A. for €10.5 million.Terna - Rete Elettrica Nazionale Società per Azioni (BIT:TRN) acquired Assets in the Verona Area from Megareti Spa and Azienda Generale Servizi Municipali di Verona S.p.A. €10.5 million on December 29, 2021. The agreement involves 122 km of high-voltage power lines owned by Megareti SpA (two of the high-voltage lines are co-owned with Dolomiti Energia) which are part of Italy’s transmission electricity grid and two AGSM Verona substations (‘ricevitorie Sud’ and ‘ricevitorie Ovest’). Terna - Rete Elettrica Nazionale Società per Azioni (BIT:TRN) completed the acquisition of Assets in the Verona Area from Megareti Spa and Azienda Generale Servizi Municipali di Verona S.p.A. on December 29, 2021.Reported Earnings • Nov 11Third quarter 2021 earnings released: EPS €0.098The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: €642.9m (up 7.6% from 3Q 2020). Net income: €195.8m (up 2.2% from 3Q 2020). Profit margin: 31% (down from 32% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 02Second quarter 2021 earnings releasedThe company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: €636.9m (up 3.5% from 2Q 2020). Net income: €194.2m (up 1.7% from 2Q 2020). Profit margin: 31% (in line with 2Q 2020).Upcoming Dividend • Jun 15Upcoming dividend of €0.18 per shareEligible shareholders must have bought the stock before 21 June 2021. Payment date: 23 June 2021. Trailing yield: 4.1%. Within top quartile of Austrian dividend payers (3.2%). Higher than average of industry peers (3.7%).Reported Earnings • May 14First quarter 2021 earnings releasedThe company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: €621.8m (up 9.6% from 1Q 2020). Net income: €190.4m (up 2.0% from 1Q 2020). Profit margin: 31% (down from 33% in 1Q 2020). The decrease in margin was driven by higher expenses.Reported Earnings • Mar 26Full year 2020 earnings released: EPS €0.39 (vs €0.38 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: €2.51b (up 8.6% from FY 2019). Net income: €786.0m (up 3.8% from FY 2019). Profit margin: 31% (down from 33% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 10% per year.Is New 90 Day High Low • Feb 20New 90-day low: €5.95The company is down 8.0% from its price of €6.45 on 20 November 2020. The Austrian market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.67 per share.Is New 90 Day High Low • Nov 20New 90-day high: €6.45The company is up 3.0% from its price of €6.28 on 21 August 2020. The Austrian market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.73 per share.Upcoming Dividend • Nov 16Upcoming Dividend of €0.91 Per ShareWill be paid on the 25th of November to those who are registered shareholders by the 23rd of November. The trailing yield of 4.0% is below the top quartile of Austrian dividend payers (4.7%), but is in line with industry peers (3.7%).Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS €0.095The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2020 results: Revenue: €597.5m (up 5.2% from 3Q 2019). Net income: €191.6m (up 3.1% from 3Q 2019). Profit margin: 32% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 7% per year.Analyst Estimate Surprise Post Earnings • Nov 13Revenue beats expectationsRevenue exceeded analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 2.7%, compared to a 18% growth forecast for the Electric Utilities industry in Austria.Is New 90 Day High Low • Oct 29New 90-day low: €5.78The company is down 8.0% from its price of €6.26 on 30 July 2020. The Austrian market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.72 per share.Is New 90 Day High Low • Sep 22New 90-day low: €5.88The company is down 2.0% from its price of €6.01 on 24 June 2020. The Austrian market is also down 2.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Electric Utilities industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.74 per share.예정된 배당 지급오늘May 22 2026배당락일Jun 22 2026배당 지급일Jun 24 20262 days (배당락일 기준)다음 배당금을 받으려면 앞으로 30 days일 이내에 매수하세요지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: TRN 의 주당 배당금은 지난 10 년 동안 안정적이었습니다.배당금 증가: TRN 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Terna 배당 수익률 vs 시장TRN의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (TRN)4.0%시장 하위 25% (AT)2.0%시장 상위 25% (AT)4.2%업계 평균 (Electric Utilities)3.7%분석가 예측 (TRN) (최대 3년)4.2%주목할만한 배당금: TRN 의 배당금( 3.98% )은 Austrian 시장에서 배당금 지급자의 하위 25%( 1.98% )보다 높습니다.고배당: TRN 의 배당금( 3.98% )은 Austrian 시장에서 배당금 지급자의 상위 25%( 4.2% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적인 지급 비율 ( 69.6% )을 통해 TRN 의 배당금 지급은 수익으로 충당됩니다.주주 현금 배당현금 흐름 범위: TRN 배당금을 지급하고 있지만 회사에는 잉여현금흐름이 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YAT 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 22:49종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Terna S.p.A.는 37명의 분석가가 다루고 있습니다. 이 중 18명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Francesco SalaBanca Akros S.p.A. (ESN)Tommaso MarabiniBanca Akros S.p.A. (ESN)Francesco SalaBanca Akros S.p.A. (ESN)34명의 분석가 더 보기
Declared Dividend • May 08Final dividend of €0.28 announcedDividend of €0.28 is the same as last year. Ex-date: 22nd June 2026 Payment date: 24th June 2026 Dividend yield will be 3.9%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Declared Dividend • Mar 30Final dividend of €0.28 announcedDividend of €0.28 is the same as last year. Ex-date: 22nd June 2026 Payment date: 24th June 2026 Dividend yield will be 4.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Declared Dividend • May 12Final dividend increased to €0.28Dividend of €0.28 is 23% higher than last year. Ex-date: 23rd June 2025 Payment date: 25th June 2025 Dividend yield will be 4.7%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 10% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Declared Dividend • Nov 10Dividend of €0.12 announcedShareholders will receive a dividend of €0.12. Ex-date: 18th November 2024 Payment date: 20th November 2024 Dividend yield will be 4.4%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (67% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 5.3% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Jun 17Upcoming dividend of €0.23 per shareEligible shareholders must have bought the stock before 24 June 2024. Payment date: 26 June 2024. Payout ratio is on the higher end at 77% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of Austrian dividend payers (6.3%). Lower than average of industry peers (5.6%).
Declared Dividend • Feb 05Dividend of €0.21 announcedDividend of €0.21 is the same as last year. Ex-date: 24th June 2024 Payment date: 26th June 2024 Dividend yield will be 4.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (71% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 5.4% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
New Risk • May 11New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • May 11First quarter 2026 earnings releasedFirst quarter 2026 results: EPS: €0.14. Revenue: €988.7m (up 9.6% from 1Q 2025). Net income: €276.6m (flat on 1Q 2025). Profit margin: 28% (down from 31% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 7% per year.
Declared Dividend • May 08Final dividend of €0.28 announcedDividend of €0.28 is the same as last year. Ex-date: 22nd June 2026 Payment date: 24th June 2026 Dividend yield will be 3.9%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Apr 06Terna S.p.A., Annual General Meeting, May 12, 2026Terna S.p.A., Annual General Meeting, May 12, 2026, at 10:00 W. Europe Standard Time. Location: piazza giuseppe frua n 2, roma Italy
Declared Dividend • Mar 30Final dividend of €0.28 announcedDividend of €0.28 is the same as last year. Ex-date: 22nd June 2026 Payment date: 24th June 2026 Dividend yield will be 4.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 28Full year 2025 earnings releasedFull year 2025 results: Revenue: €4.03b (up 10% from FY 2024). Net income: €1.11b (up 7.1% from FY 2024). Profit margin: 28% (in line with FY 2024). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Electric Utilities industry in Europe.
공시 • Jan 30+ 3 more updatesTerna S.p.A. to Report First Half, 2026 Results on Jul 29, 2026Terna S.p.A. announced that they will report first half, 2026 results on Jul 29, 2026
공시 • Nov 14+ 1 more updateTerna S.P.A. Provides Earnings Guidance for the Full Year 2025Terna S.p.A. provided earnings guidance for the full year 2025. For the year, the company expects revenues of EUR 4.03 billion and EBITDA of EUR 2.7 billion and a net profit of EUR 1.08 billion.
공시 • Oct 24Terna Reportedly Mulls Options Including Stake Sale in EUR 25 Billion GridTerna S.p.A. (BIT:TRN) is evaluating options including the sale of a minority stake in Italy’s electricity grid, to pay for new projects and reduce debt, people familiar with the matter said. The state-controlled company is studying ways to fund an aggressive investment plan aimed at renewing and strengthening its Italian network, said the people, who asked not to be named discussing private conversations. The process could lead to teaming up with a financial partner, the people said. Terna estimates the value of its regulated assets will reach EUR 24.8 billion ($27.8 billion) by the end of this year as Chief Executive Officer Giuseppina Di Foggia pursues her investment program. The process of studying options is at an early stage, the people said. While the company is working with advisers, the plan is fluid, they added, cautioning that a transaction may not happen in the end. Shares of Terna reversed earlier losses to rise as much as 0.6% in Milan following Bloomberg’s report. The stock has advanced 18% this year. The company constantly analyzes financial instruments that can be used to develop the grid, and reflects those decisions in its industrial plan, a representative said. Terna declined to comment on any specific plans for a stake sale, saying it wouldn’t discuss “rumors or speculation”.
Reported Earnings • May 17First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: €901.8m (up 5.1% from 1Q 2024). Net income: €275.3m (up 2.6% from 1Q 2024). Profit margin: 31% (in line with 1Q 2024). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Electric Utilities industry in Europe.
Declared Dividend • May 12Final dividend increased to €0.28Dividend of €0.28 is 23% higher than last year. Ex-date: 23rd June 2025 Payment date: 25th June 2025 Dividend yield will be 4.7%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 10% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Jan 23+ 3 more updatesTerna S.p.A. to Report Fiscal Year 2024 Results on Mar 25, 2025Terna S.p.A. announced that they will report fiscal year 2024 results on Mar 25, 2025
Declared Dividend • Nov 10Dividend of €0.12 announcedShareholders will receive a dividend of €0.12. Ex-date: 18th November 2024 Payment date: 20th November 2024 Dividend yield will be 4.4%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (67% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 5.3% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 08Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: €893.0m (up 17% from 3Q 2023). Net income: €267.8m (up 19% from 3Q 2023). Profit margin: 30% (in line with 3Q 2023). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Electric Utilities industry in Europe.
Reported Earnings • Jul 31Second quarter 2024 earnings released: EPS: €0.14 (vs €0.10 in 2Q 2023)Second quarter 2024 results: EPS: €0.14 (up from €0.10 in 2Q 2023). Revenue: €886.1m (up 17% from 2Q 2023). Net income: €276.6m (up 31% from 2Q 2023). Profit margin: 31% (up from 28% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year.
Buy Or Sell Opportunity • Jul 06Now 21% overvaluedOver the last 90 days, the stock has fallen 3.7% to €7.37. The fair value is estimated to be €6.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings are also forecast to grow by 3.0% per annum over the same time period.
Upcoming Dividend • Jun 17Upcoming dividend of €0.23 per shareEligible shareholders must have bought the stock before 24 June 2024. Payment date: 26 June 2024. Payout ratio is on the higher end at 77% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of Austrian dividend payers (6.3%). Lower than average of industry peers (5.6%).
Reported Earnings • May 09First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: €858.1m (up 20% from 1Q 2023). Net income: €268.2m (up 34% from 1Q 2023). Profit margin: 31% (up from 28% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat.
Reported Earnings • Mar 20Full year 2023 earnings releasedFull year 2023 results: Revenue: €3.19b (up 9.0% from FY 2022). Net income: €882.9m (flat on FY 2022). Profit margin: 28% (down from 30% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat.
Declared Dividend • Feb 05Dividend of €0.21 announcedDividend of €0.21 is the same as last year. Ex-date: 24th June 2024 Payment date: 26th June 2024 Dividend yield will be 4.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (71% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 5.4% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Jan 30+ 4 more updatesTerna S.p.A., Annual General Meeting, May 10, 2024Terna S.p.A., Annual General Meeting, May 10, 2024.
Reported Earnings • Nov 10Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €761.8m (up 15% from 3Q 2022). Net income: €226.0m (up 20% from 3Q 2022). Profit margin: 30% (up from 28% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.7% decline forecast for the Electric Utilities industry in Europe.
Reported Earnings • Jul 29Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: €773.5m (up 13% from 2Q 2022). Net income: €213.3m (up 3.4% from 2Q 2022). Profit margin: 28% (down from 30% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.9% decline forecast for the Electric Utilities industry in Europe.
Upcoming Dividend • Jun 12Upcoming dividend of €0.21 per share at 4.0% yieldEligible shareholders must have bought the stock before 19 June 2023. Payment date: 21 June 2023. Payout ratio is a comfortable 72% but the company is paying out more than the cash it is generating. Trailing yield: 4.0%. Lower than top quartile of Austrian dividend payers (5.4%). Lower than average of industry peers (5.0%).
Reported Earnings • May 07First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: €712.5m (up 11% from 1Q 2022). Net income: €200.7m (up 4.0% from 1Q 2022). Profit margin: 28% (down from 30% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 3.4% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 24Full year 2022 earnings releasedFull year 2022 results: Revenue: €2.96b (up 16% from FY 2021). Net income: €877.0m (up 11% from FY 2021). Profit margin: 30% (down from 31% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 3.7% decline forecast for the Electric Utilities industry in Europe.
공시 • Jan 31+ 3 more updatesTerna - Rete Elettrica Nazionale Società per Azioni to Report Q1, 2023 Results on May 10, 2023Terna - Rete Elettrica Nazionale Società per Azioni announced that they will report Q1, 2023 results on May 10, 2023
공시 • Jan 06Terna - Rete Elettrica Nazionale Società per Azioni (BIT:TRN) signed an agreement to acquire Edyna Transmission Srl from Alperia S.p.A. for approximately €14 million.Terna - Rete Elettrica Nazionale Società per Azioni (BIT:TRN) signed an agreement to acquire Edyna Transmission Srl from Alperia S.p.A. for approximately €14 million on January 5, 2023. The agreement is subject to the fulfilment of certain conditions precedent.
Reported Earnings • Nov 12Third quarter 2022 earnings releasedThird quarter 2022 results: EPS: €0.094. Revenue: €661.6m (up 2.9% from 3Q 2021). Net income: €188.8m (down 3.6% from 3Q 2021). Profit margin: 28% (down from 31% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat.
Reported Earnings • Jul 29Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: €686.4m (up 7.8% from 2Q 2021). Net income: €206.3m (up 6.2% from 2Q 2021). Profit margin: 30% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 3.9%, compared to a 1.5% growth forecast for the industry in Austria.
Upcoming Dividend • Jun 13Upcoming dividend of €0.19 per shareEligible shareholders must have bought the stock before 20 June 2022. Payment date: 22 June 2022. Payout ratio is a comfortable 74% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of Austrian dividend payers (4.6%). In line with average of industry peers (4.3%).
Reported Earnings • May 13First quarter 2022 earnings releasedFirst quarter 2022 results: EPS: €0.096. Revenue: €644.4m (up 3.6% from 1Q 2021). Net income: €191.8m (flat on 1Q 2021). Profit margin: 30% (in line with 1Q 2021). Over the next year, revenue is forecast to grow 5.5% while the industry in Austria is not expected to grow. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 19Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: €0.39 (up from €0.39 in FY 2020). Revenue: €2.60b (up 4.9% from FY 2020). Net income: €789.4m (flat on FY 2020). Profit margin: 30% (down from 32% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Over the next year, revenue is expected to shrink by 2.1% compared to a 2.7% growth forecast for the industry in Austria. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 8% per year.
공시 • Dec 30Terna - Rete Elettrica Nazionale Società per Azioni (BIT:TRN) acquired Assets in the Verona Area from Megareti Spa and Azienda Generale Servizi Municipali di Verona S.p.A. for €10.5 million.Terna - Rete Elettrica Nazionale Società per Azioni (BIT:TRN) acquired Assets in the Verona Area from Megareti Spa and Azienda Generale Servizi Municipali di Verona S.p.A. €10.5 million on December 29, 2021. The agreement involves 122 km of high-voltage power lines owned by Megareti SpA (two of the high-voltage lines are co-owned with Dolomiti Energia) which are part of Italy’s transmission electricity grid and two AGSM Verona substations (‘ricevitorie Sud’ and ‘ricevitorie Ovest’). Terna - Rete Elettrica Nazionale Società per Azioni (BIT:TRN) completed the acquisition of Assets in the Verona Area from Megareti Spa and Azienda Generale Servizi Municipali di Verona S.p.A. on December 29, 2021.
Reported Earnings • Nov 11Third quarter 2021 earnings released: EPS €0.098The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: €642.9m (up 7.6% from 3Q 2020). Net income: €195.8m (up 2.2% from 3Q 2020). Profit margin: 31% (down from 32% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 02Second quarter 2021 earnings releasedThe company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: €636.9m (up 3.5% from 2Q 2020). Net income: €194.2m (up 1.7% from 2Q 2020). Profit margin: 31% (in line with 2Q 2020).
Upcoming Dividend • Jun 15Upcoming dividend of €0.18 per shareEligible shareholders must have bought the stock before 21 June 2021. Payment date: 23 June 2021. Trailing yield: 4.1%. Within top quartile of Austrian dividend payers (3.2%). Higher than average of industry peers (3.7%).
Reported Earnings • May 14First quarter 2021 earnings releasedThe company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: €621.8m (up 9.6% from 1Q 2020). Net income: €190.4m (up 2.0% from 1Q 2020). Profit margin: 31% (down from 33% in 1Q 2020). The decrease in margin was driven by higher expenses.
Reported Earnings • Mar 26Full year 2020 earnings released: EPS €0.39 (vs €0.38 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: €2.51b (up 8.6% from FY 2019). Net income: €786.0m (up 3.8% from FY 2019). Profit margin: 31% (down from 33% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 10% per year.
Is New 90 Day High Low • Feb 20New 90-day low: €5.95The company is down 8.0% from its price of €6.45 on 20 November 2020. The Austrian market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.67 per share.
Is New 90 Day High Low • Nov 20New 90-day high: €6.45The company is up 3.0% from its price of €6.28 on 21 August 2020. The Austrian market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.73 per share.
Upcoming Dividend • Nov 16Upcoming Dividend of €0.91 Per ShareWill be paid on the 25th of November to those who are registered shareholders by the 23rd of November. The trailing yield of 4.0% is below the top quartile of Austrian dividend payers (4.7%), but is in line with industry peers (3.7%).
Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS €0.095The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2020 results: Revenue: €597.5m (up 5.2% from 3Q 2019). Net income: €191.6m (up 3.1% from 3Q 2019). Profit margin: 32% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 7% per year.
Analyst Estimate Surprise Post Earnings • Nov 13Revenue beats expectationsRevenue exceeded analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 2.7%, compared to a 18% growth forecast for the Electric Utilities industry in Austria.
Is New 90 Day High Low • Oct 29New 90-day low: €5.78The company is down 8.0% from its price of €6.26 on 30 July 2020. The Austrian market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.72 per share.
Is New 90 Day High Low • Sep 22New 90-day low: €5.88The company is down 2.0% from its price of €6.01 on 24 June 2020. The Austrian market is also down 2.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Electric Utilities industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.74 per share.