Atlantia
Market Cap
€11.2b
Last Updated
2021/01/17 20:39 UTC
Data Sources
Company Financials +
Executive Summary
Atlantia SpA, through its subsidiaries, engages in the construction and operation of motorways, airports and transport infrastructure, parking areas, and intermodal systems worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential and slightly overvalued.
Similar Companies
Share Price & News
How has Atlantia's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ATL is not significantly more volatile than the rest of Italian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: ATL's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-2.7%
ATL
-2.6%
IT Infrastructure
-2.2%
IT Market
1 Year Return
-33.9%
ATL
-32.7%
IT Infrastructure
-11.1%
IT Market
Return vs Industry: ATL underperformed the Italian Infrastructure industry which returned -32.7% over the past year.
Return vs Market: ATL underperformed the Italian Market which returned -11.1% over the past year.
Shareholder returns
| ATL | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.7% | -2.6% | -2.2% |
| 30 Day | -5.5% | -4.4% | 0.9% |
| 90 Day | -10.8% | -4.8% | 13.4% |
| 1 Year | -33.9%-33.9% | -32.3%-32.7% | -8.3%-11.1% |
| 3 Year | -46.6%-49.9% | -39.6%-43.5% | -3.9%-14.0% |
| 5 Year | -33.5%-42.7% | -22.3%-32.9% | 25.4%-9.3% |
Long-Term Price Volatility Vs. Market
How volatile is Atlantia's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Does Atlantia (BIT:ATL) Have A Healthy Balance Sheet?1 month ago | Simply Wall St
What Is Atlantia SpA's (BIT:ATL) Share Price Doing?2 months ago | Simply Wall St
Atlantia SpA (BIT:ATL) Shares Could Be 28% Below Their Intrinsic Value EstimateValuation
Is Atlantia undervalued compared to its fair value and its price relative to the market?
49.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ATL (€13.64) is trading below our estimate of fair value (€26.75)
Significantly Below Fair Value: ATL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ATL is unprofitable, so we can't compare its PE Ratio to the XE Infrastructure industry average.
PE vs Market: ATL is unprofitable, so we can't compare its PE Ratio to the Italian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ATL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ATL is overvalued based on its PB Ratio (1.9x) compared to the IT Infrastructure industry average (1.8x).
Next Steps
Future Growth
How is Atlantia forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
60.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ATL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: ATL is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ATL's is expected to become profitable in the next 3 years.
Revenue vs Market: ATL's revenue (8.2% per year) is forecast to grow faster than the Italian market (3.2% per year).
High Growth Revenue: ATL's revenue (8.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ATL's Return on Equity is forecast to be low in 3 years time (10.7%).
Next Steps
Past Performance
How has Atlantia performed over the past 5 years?
-32.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATL is currently unprofitable.
Growing Profit Margin: ATL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ATL is unprofitable, and losses have increased over the past 5 years at a rate of 32.7% per year.
Accelerating Growth: Unable to compare ATL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ATL is unprofitable, making it difficult to compare its past year earnings growth to the Infrastructure industry (-49.4%).
Return on Equity
High ROE: ATL has a negative Return on Equity (-14.56%), as it is currently unprofitable.
Next Steps
Financial Health
How is Atlantia's financial position?
Financial Position Analysis
Short Term Liabilities: ATL's short term assets (€15.5B) exceed its short term liabilities (€12.0B).
Long Term Liabilities: ATL's short term assets (€15.5B) do not cover its long term liabilities (€62.0B).
Debt to Equity History and Analysis
Debt Level: ATL's debt to equity ratio (412.8%) is considered high.
Reducing Debt: ATL's debt to equity ratio has increased from 164.3% to 412.8% over the past 5 years.
Debt Coverage: ATL's debt is not well covered by operating cash flow (4.9%).
Interest Coverage: ATL is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Atlantia current dividend yield, its reliability and sustainability?
5.75%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ATL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ATL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ATL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ATL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ATL is not paying a notable dividend for the Italian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ATL's dividend in 3 years as they are not forecast to pay a notable one for the Italian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.8yrs
Average management tenure
CEO
Carlo Bertazzo (55 yo)
1
Tenure
€85,000
Compensation
Mr. Carlo Bertazzo serves as Non-Independent Director at Getlink SE since 2020. He has been General Manager of Edizione Holding S.p.A.since March 1, 2020. Mr. Bertazzo serves as Chief Executive Officer at...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 10.75yrs | €1.34m | no data | |
| CEO, GM & Non-Independent Executive Director | 1yr | €85.00k | no data | |
| Chief Financial Officer | 1.25yrs | no data | no data | |
| Executive VP & Corporate Development and Investor Relations Director | no data | no data | no data | |
| General Counsel | 0.33yr | no data | no data | |
| Head of Human Capital & Organization Director | 0.83yr | no data | no data | |
| Executive VP & Highway Business Coordination Director | 2yrs | no data | no data | |
| Head of Internal Audit | 0.75yr | no data | no data | |
| Chief Sustainability Officer | 0.33yr | no data | no data | |
| Chief Risk Officer | 0.083yr | no data | no data | |
| Secretary | no data | no data | no data | |
| CEO of TELEPASS S.p.A. | no data | no data | no data |
0.8yrs
Average Tenure
55yo
Average Age
Experienced Management: ATL's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 10.75yrs | €1.34m | no data | |
| CEO, GM & Non-Independent Executive Director | 1yr | €85.00k | no data | |
| Independent Director | 2yrs | no data | no data | |
| Independent Director | 2yrs | no data | no data | |
| Independent Director | 2yrs | no data | no data | |
| Independent Director | 2yrs | no data | no data | |
| Chairman of the Board of Statutory Auditors | no data | €82.25k | no data | |
| Non-Executive Director | 0.83yr | €55.00k | no data | |
| Independent Director | 2yrs | no data | no data | |
| Independent Director | 2yrs | no data | no data | |
| Independent Director | 2yrs | no data | no data | |
| Independent Director | 2yrs | no data | no data |
2.0yrs
Average Tenure
58yo
Average Age
Experienced Board: ATL's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Atlantia SpA's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Atlantia SpA
- Ticker: ATL
- Exchange: BIT
- Founded: 1950
- Industry: Highways and Railtracks
- Sector: Transportation
- Market Cap: €11.158b
- Shares outstanding: 818.01m
- Website: https://www.atlantia.it
Number of Employees
Location
- Atlantia SpA
- Via Bergamini 50
- Rome
- Rome
- 159
- Italy
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ATL | BIT (Borsa Italiana) | Yes | Ordinary Shares | IT | EUR | Sep 2003 |
| AU9 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Sep 2003 |
| 0I2R | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Sep 2003 |
| ATAS.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Sep 2003 |
| ATLM | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Sep 2003 |
| AU9 | SWX (SIX Swiss Exchange) | Yes | Ordinary Shares | CH | CHF | Sep 2003 |
| ATL | WBAG (Wiener Boerse AG) | Yes | Ordinary Shares | AT | EUR | Sep 2003 |
| ATL N | BMV (Bolsa Mexicana de Valores) | Yes | Ordinary Shares | MX | MXN | Sep 2003 |
| ATAS.Y | OTCPK (Pink Sheets LLC) | UNSP ADR EACH REPR 0.50 ORD | US | USD | Oct 2008 | |
| AU9A | DB (Deutsche Boerse AG) | UNSP ADR EACH REPR 0.50 ORD | DE | EUR | Oct 2008 |
Biography
Atlantia SpA, through its subsidiaries, engages in the construction and operation of motorways, airports and transport infrastructure, parking areas, and intermodal systems worldwide. It operates and manag...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/17 20:39 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.