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A2A S.p.A.BIT:A2A Stock Report

Market Cap €7.0b
Share Price
€2.25
€2.82
20.2% undervalued intrinsic discount
1Y-1.5%
7D-1.1%
1D
Portfolio Value
View

A2A S.p.A.

BIT:A2A Stock Report

Market Cap: €7.0b

A2A (A2A) Stock Overview

Engages in the production, sale, and distribution of gas and electricity, and district heating in Italy and internationally. More details

A2A fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends4/6

A2A Community Fair Values

Create Narrative

See what 34 others think this stock is worth. Follow their fair value or set your own to get alerts.

A2A S.p.A. Competitors

Price History & Performance

Summary of share price highs, lows and changes for A2A
Historical stock prices
Current Share Price€2.25
52 Week High€2.74
52 Week Low€2.07
Beta0.82
1 Month Change-3.97%
3 Month Change-9.28%
1 Year Change-1.53%
3 Year Change40.65%
5 Year Change29.81%
Change since IPO102.40%

Recent News & Updates

Narrative Update May 24

A2A: Reset Assumptions And Dividend Outlook Will Support Forward Confidence

Analysts have reduced their price target on A2A by €0.20, reflecting updated assumptions around revenue growth, discount rates and profit margins following recent research. Analyst Commentary Analysts frame the €0.20 reduction in A2A's price target as a recalibration of expectations rather than a fundamental shift in the investment case, with views split between what could support value and what could weigh on it.

Recent updates

Narrative Update May 24

A2A: Reset Assumptions And Dividend Outlook Will Support Forward Confidence

Analysts have reduced their price target on A2A by €0.20, reflecting updated assumptions around revenue growth, discount rates and profit margins following recent research. Analyst Commentary Analysts frame the €0.20 reduction in A2A's price target as a recalibration of expectations rather than a fundamental shift in the investment case, with views split between what could support value and what could weigh on it.
Narrative Update Feb 10

A2A: Updated Assumptions And 2026 Board Calendar Will Shape Measured Outlook

Narrative Update Analysts have lifted their fair value estimate for A2A from €2.71 to €2.81, citing updated assumptions around revenue growth, discount rate and future P/E as the key drivers behind the new price target. What's in the News Board meeting scheduled for March 17, 2026, to approve the draft financial statements and the 2025 consolidated financial statements (Key Developments).
Narrative Update Jan 25

A2A: Future Board Milestones And Stable Assumptions Will Support Measured Upside

Analysts have nudged their price target on A2A higher to €2.71 from €2.68, reflecting updated assumptions around revenue growth, profit margins and future P/E multiples. What's in the News A2A has scheduled a board meeting on March 17, 2026 to approve the draft financial statements and the 2025 consolidated financial statements (company event calendar).
Narrative Update Jan 09

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).
Narrative Update Dec 18

A2A: Improving Revenue Outlook Will Support Future Upside Despite Softer Margins

Analysts have nudged their price target on A2A slightly lower from €2.67 to €2.65. This reflects a modestly more cautious view on profit margins, even as revenue growth expectations improve.
Narrative Update Dec 04

A2A: Stable Discount Rate And Margins Will Support Forward Momentum

Analysts have raised their price target on A2A from €2.67 to €2.80, citing improved visibility on stable discount rates and steady long term profit margins, despite modestly negative revenue growth expectations. Valuation Changes Fair Value: unchanged at approximately €2.67 per share, indicating no material revision to intrinsic value estimates.
Analysis Article Dec 04

What Is A2A S.p.A.'s (BIT:A2A) Share Price Doing?

While A2A S.p.A. ( BIT:A2A ) might not have the largest market cap around , it saw significant share price movement...
Narrative Update Nov 20

A2A: Revenue Outlook Will Drive Forward Momentum Despite Margin Squeeze

Analysts have raised their price target for A2A from €2.49 to €2.67. They cited improved projections for revenue growth, despite a slightly higher discount rate and a marginal decrease in profit margin expectations.
Analysis Article Nov 08

A2A (BIT:A2A) Has A Somewhat Strained Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article Aug 21

Insufficient Growth At A2A S.p.A. (BIT:A2A) Hampers Share Price

BIT:A2A 1 Year Share Price vs Fair Value Explore A2A's Fair Values from the Community and select yours When close to...
Analysis Article Aug 01

A2A (BIT:A2A) Ticks All The Boxes When It Comes To Earnings Growth

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Jul 14

Should You Investigate A2A S.p.A. (BIT:A2A) At €2.19?

A2A S.p.A. ( BIT:A2A ), is not the largest company out there, but it saw a decent share price growth of 14% on the BIT...
User avatar
New Narrative Nov 30

Hydropower Growth Powers Potential Amid Regulatory And Market Volatility Risks

Growth in EBITDA and net income, driven by renewable investments, suggests potential for increased earnings and stronger financial performance.

Shareholder Returns

A2AIT Integrated UtilitiesIT Market
7D-1.1%-3.1%1.0%
1Y-1.5%18.4%19.4%

Return vs Industry: A2A underperformed the Italian Integrated Utilities industry which returned 20% over the past year.

Return vs Market: A2A underperformed the Italian Market which returned 19.3% over the past year.

Price Volatility

Is A2A's price volatile compared to industry and market?
A2A volatility
A2A Average Weekly Movement3.5%
Integrated Utilities Industry Average Movement4.4%
Market Average Movement5.2%
10% most volatile stocks in IT Market8.8%
10% least volatile stocks in IT Market3.3%

Stable Share Price: A2A has not had significant price volatility in the past 3 months compared to the Italian market.

Volatility Over Time: A2A's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a14,959Renato Mazzonciniwww.gruppoa2a.it/it/home

A2A S.p.A. engages in the production, sale, and distribution of gas and electricity, and district heating in Italy and internationally. It generates electricity through hydroelectric, thermoelectric, photovoltaic, and wind plants; and sells and distributes gas. The company also engages in the production and sale of heat produced through district heating networks; waste management activities, including collection and street sweeping, treatment, disposal, and recovery of materials and energy; and the construction and management of integrated waste disposal plants and systems.

A2A S.p.A. Fundamentals Summary

How do A2A's earnings and revenue compare to its market cap?
A2A fundamental statistics
Market cap€7.04b
Earnings (TTM)€712.00m
Revenue (TTM)€14.64b
9.9x
P/E Ratio
0.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
A2A income statement (TTM)
Revenue€14.64b
Cost of Revenue€12.04b
Gross Profit€2.61b
Other Expenses€1.89b
Earnings€712.00m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Jul 30, 2026

Earnings per share (EPS)0.23
Gross Margin17.79%
Net Profit Margin4.86%
Debt/Equity Ratio109.9%

How did A2A perform over the long term?

See historical performance and comparison

Dividends

4.6%
Current Dividend Yield
43%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/29 18:43
End of Day Share Price 2026/05/29 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

A2A S.p.A. is covered by 19 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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