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Italian (Borsa Italiana) Utilities Sector Analysis

UpdatedJan 24, 2026
DataAggregated Company Financials
Companies19
  • 7D-3.2%
  • 3M4.1%
  • 1Y30.4%
  • YTD0.7%

Over the last 7 days, the Utilities industry has dropped 3.2%, driven by Enel declining 4.1%. In the past year, the industry has gained 30%. Looking forward, earnings are forecast to grow by 3.3% annually.

Sector Valuation and Performance

Has the Italian Utilities Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 24 Jan 2026€177.2b€145.6b€11.9b15.2x14.9x1.2x
Mon, 22 Dec 2025€172.3b€145.6b€11.9b14.6x14.5x1.2x
Wed, 19 Nov 2025€176.2b€145.4b€11.9b14.9x14.8x1.2x
Fri, 17 Oct 2025€169.1b€145.2b€11.7b14.5x14.4x1.2x
Sun, 14 Sep 2025€158.2b€145.0b€11.7b13.3x13.5x1.1x
Tue, 12 Aug 2025€156.0b€145.0b€11.7b13x13.3x1.1x
Thu, 10 Jul 2025€157.9b€144.4b€12.5b14.7x12.7x1.1x
Sat, 07 Jun 2025€158.5b€144.2b€12.5b14.8x12.7x1.1x
Mon, 05 May 2025€152.2b€139.3b€12.2b13.7x12.5x1.1x
Wed, 02 Apr 2025€148.1b€143.0b€12.5b13x11.9x1x
Fri, 28 Feb 2025€139.7b€145.2b€10.7b14.3x13.1x1x
Sun, 26 Jan 2025€135.2b€146.0b€10.7b14.2x12.6x0.9x
Tue, 24 Dec 2024€134.6b€146.0b€10.7b14.1x12.6x0.9x
Thu, 21 Nov 2024€132.4b€146.0b€10.7b14.3x12.4x0.9x
Sat, 19 Oct 2024€143.9b€149.6b€10.5b14.9x13.7x1x
Mon, 16 Sep 2024€139.2b€149.3b€10.5b14.2x13.2x0.9x
Wed, 14 Aug 2024€129.9b€149.3b€10.5b13.7x12.3x0.9x
Fri, 12 Jul 2024€132.0b€152.4b€9.7b13.4x13.6x0.9x
Sun, 09 Jun 2024€132.5b€153.0b€9.7b13.6x13.7x0.9x
Tue, 07 May 2024€127.9b€164.7b€8.6b13.7x14.9x0.8x
Thu, 04 Apr 2024€123.8b€169.9b€8.4b14x14.7x0.7x
Sat, 02 Mar 2024€122.0b€179.2b€9.4b14.8x12.9x0.7x
Mon, 29 Jan 2024€128.1b€182.2b€9.3b17.2x13.8x0.7x
Wed, 27 Dec 2023€133.0b€182.2b€9.3b17.6x14.3x0.7x
Fri, 24 Nov 2023€127.6b€182.5b€9.3b16.5x13.7x0.7x
Sun, 22 Oct 2023€116.7b€212.4b€7.6b16.6x15.5x0.5x
Tue, 19 Sep 2023€126.8b€212.5b€7.6b17.5x16.8x0.6x
Thu, 17 Aug 2023€121.0b€212.5b€7.6b16.5x16x0.6x
Sat, 15 Jul 2023€125.7b€227.9b€6.9b16.4x18.1x0.6x
Mon, 12 Jun 2023€127.0b€227.9b€7.0b16.5x18.3x0.6x
Wed, 10 May 2023€127.7b€227.3b€6.8b16.2x18.9x0.6x
Fri, 07 Apr 2023€125.2b€228.5b€7.2b15.9x17.4x0.5x
Sun, 05 Mar 2023€114.7b€228.1b€6.6b13.6x17.3x0.5x
Tue, 31 Jan 2023€117.8b€225.5b€6.7b13.7x17.5x0.5x
Price to Earnings Ratio

17.5x


Total Market Cap: €117.8bTotal Earnings: €6.7bTotal Revenue: €225.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Italian Utilities Sector Price to Earnings3Y Average 14.4x202420252026
Current Industry PE
  • Investors are relatively neutral on the Italian Utilities industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 14.4x.
  • The 3-year average PS ratio of 0.84x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 21% per year over the last three years.
  • Meanwhile revenues for these companies have declined 14% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Italian Utilities sector?

IT Market-1.83%
Utilities-3.21%
Renewable Energy0.20%
Other Utilities-2.14%
Gas Utilities-2.97%
Electric Utilities-3.96%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 22.5x.
    • Analysts are expecting annual earnings growth of 7.9%, which is higher than its past year's earnings decline of 18.6% per year.
  • Investors are most pessimistic about the Other Utilities industry, which is trading close to its 3-year average of 10.6x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 7.9% over the next 5 years.
  • This is better than its past earnings decline of 19% per year.
  • In contrast, the Other Utilities industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
A2A A2A€2.480.2%
+€12.5m		10.2%PE10.6x
EVISO eVISO€7.952.7%
+€4.9m		6.9%PE38.1x
IB Iniziative Bresciane€12.202.5%
+€1.6m		-17.6%PE27.6x
CGF Cogefeed€1.1010.0%
+€514.4k		52.8%n/a
ECK Ecosuntek€2.380.8%
+€342.7k		35.2%PE32x

Latest News

IG
€9.87
Italgas
7D
-3.0%
1Y
77.1%
ARN
€17.92
Alerion Clean Power
7D
-1.6%
1Y
18.7%

Alerion Clean Power S.p.A.'s (BIT:ARN) Intrinsic Value Is Potentially 75% Above Its Share Price

Jan 22
Alerion Clean Power S.p.A.'s (BIT:ARN) Intrinsic Value Is Potentially 75% Above Its Share Price
HER
€4.04
Hera
7D
-4.4%
1Y
19.7%

If EPS Growth Is Important To You, Hera (BIT:HER) Presents An Opportunity

Jan 21
If EPS Growth Is Important To You, Hera (BIT:HER) Presents An Opportunity
IRE
€2.65
Iren
7D
-3.2%
1Y
29.4%

IRE: Hold Downgrade And Tight Assumptions Will Shape A Balanced Outlook

Analysts have trimmed their outlook on Iren, with the latest Street research pointing to a Hold stance and a price target of €2.90. This is slightly above the current fair value estimate of €2.85 and is supported by only marginal tweaks to discount rate, revenue growth, profit margin and future P/E assumptions.
ENEL
€9.02
Enel
7D
-4.1%
1Y
35.0%

ENEL: Guidance Upgrade And Neutral Rating Will Shape Medium Term Balance

Analysts have nudged their fair value estimate for Enel to €9.25 per share, bringing it closer to the recent €9.50 Street target and reflecting updated assumptions around discount rate, revenue growth, profit margins and future P/E expectations following the latest research moves. Analyst Commentary Recent research has shifted Enel to a more neutral stance, with a price target of €9.50 sitting slightly above the new €9.25 fair value estimate.
EVISO
€7.95
eVISO
7D
2.7%
1Y
6.9%

An Intrinsic Calculation For eVISO S.p.A. (BIT:EVISO) Suggests It's 38% Undervalued

Jan 16
An Intrinsic Calculation For eVISO S.p.A. (BIT:EVISO) Suggests It's 38% Undervalued
CGF
€1.10
Cogefeed
7D
10.0%
1Y
52.8%
TRN
€8.97
Terna
7D
-3.2%
1Y
16.3%

The Returns At Terna (BIT:TRN) Aren't Growing

Jan 13
The Returns At Terna (BIT:TRN) Aren't Growing
SRG
€5.71
Snam
7D
-3.0%
1Y
29.4%
ACE
€22.60
ACEA
7D
-2.2%
1Y
22.5%

ACE: Stable Margins And Minor Assumption Shifts Will Support Fair Value

Analysts have maintained their fair value target for ACEA at €23.68, with only minor adjustments to the discount rate, long term revenue growth assumptions and future P/E. This reflects a view that recent information does not materially change their overall valuation stance.
A2A
€2.48
A2A
7D
0.2%
1Y
10.2%

A2A: Higher Revenue Outlook And Stable Risk Profile Will Support Measured Upside

Analysts have slightly raised their price target for A2A, reflecting small adjustments to fair value, discount rate, revenue growth, profit margin, and future P/E assumptions in their updated models. What's in the News A board meeting is scheduled for March 17, 2026, to approve the draft financial statements and the 2025 consolidated financial statements (company event calendar).
FRE
€0.22
Frendy Energy
7D
1.8%
1Y
-8.9%
ECK
€2.38
Ecosuntek
7D
0.8%
1Y
35.2%

The Return Trends At Ecosuntek (BIT:ECK) Look Promising

Sep 02
The Return Trends At Ecosuntek (BIT:ECK) Look Promising
IB
€12.20
Iniziative Bresciane
7D
2.5%
1Y
-17.6%