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Ascopiave BIT:ASC Stock Report

Last Price

€2.71

Market Cap

€585.5m

7D

1.1%

1Y

19.7%

Updated

22 Dec, 2024

Data

Company Financials +

Ascopiave S.p.A.

BIT:ASC Stock Report

Market Cap: €585.5m

ASC Stock Overview

Engages in the distribution of natural gas in Italy. More details

ASC fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health3/6
Dividends3/6

Rewards

Trading at 33.5% below our estimate of its fair value

Earnings grew by 152.6% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 16.5% per year for the next 3 years

Dividend of 5.18% is not well covered by free cash flows

Has a high level of debt


My Notes

Capture your thoughts, links and company narrative

Ascopiave S.p.A. Competitors

Acinque

BIT:AC5

€394.7m

Italgas

BIT:IG

€4.3b

Snam

BIT:SRG

€14.2b

Alerion Clean Power

BIT:ARN

€853.4m

Price History & Performance

Summary of share price highs, lows and changes for Ascopiave
Historical stock prices
Current Share Price€2.71
52 Week High€2.96
52 Week Low€2.15
Beta0.87
1 Month Change-4.59%
3 Month Change-6.08%
1 Year Change19.69%
3 Year Change-20.67%
5 Year Change-29.37%
Change since IPO42.44%

Recent News & Updates

Solid Earnings Reflect Ascopiave's (BIT:ASC) Strength As A Business

Nov 17
Solid Earnings Reflect Ascopiave's (BIT:ASC) Strength As A Business

€3.05: That's What Analysts Think Ascopiave S.p.A. (BIT:ASC) Is Worth After Its Latest Results

Aug 02
€3.05: That's What Analysts Think Ascopiave S.p.A. (BIT:ASC) Is Worth After Its Latest Results

Recent updates

Solid Earnings Reflect Ascopiave's (BIT:ASC) Strength As A Business

Nov 17
Solid Earnings Reflect Ascopiave's (BIT:ASC) Strength As A Business

€3.05: That's What Analysts Think Ascopiave S.p.A. (BIT:ASC) Is Worth After Its Latest Results

Aug 02
€3.05: That's What Analysts Think Ascopiave S.p.A. (BIT:ASC) Is Worth After Its Latest Results

Ascopiave's (BIT:ASC) Upcoming Dividend Will Be Larger Than Last Year's

Apr 25
Ascopiave's (BIT:ASC) Upcoming Dividend Will Be Larger Than Last Year's

Ascopiave's (BIT:ASC) Earnings Offer More Than Meets The Eye

Apr 07
Ascopiave's (BIT:ASC) Earnings Offer More Than Meets The Eye

Ascopiave's (BIT:ASC) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 13
Ascopiave's (BIT:ASC) Shareholders Will Receive A Bigger Dividend Than Last Year

Ascopiave (BIT:ASC) Takes On Some Risk With Its Use Of Debt

Mar 08
Ascopiave (BIT:ASC) Takes On Some Risk With Its Use Of Debt

Ascopiave (BIT:ASC) Is Paying Out Less In Dividends Than Last Year

Mar 11
Ascopiave (BIT:ASC) Is Paying Out Less In Dividends Than Last Year

Ascopiave S.p.A.'s (BIT:ASC) Intrinsic Value Is Potentially 50% Above Its Share Price

Oct 20
Ascopiave S.p.A.'s (BIT:ASC) Intrinsic Value Is Potentially 50% Above Its Share Price

Here's Why Ascopiave (BIT:ASC) Has A Meaningful Debt Burden

Sep 26
Here's Why Ascopiave (BIT:ASC) Has A Meaningful Debt Burden

Need To Know: The Consensus Just Cut Its Ascopiave S.p.A. (BIT:ASC) Estimates For 2022

Aug 12
Need To Know: The Consensus Just Cut Its Ascopiave S.p.A. (BIT:ASC) Estimates For 2022

Investors Could Be Concerned With Ascopiave's (BIT:ASC) Returns On Capital

Jun 14
Investors Could Be Concerned With Ascopiave's (BIT:ASC) Returns On Capital

What Does Ascopiave S.p.A.'s (BIT:ASC) Share Price Indicate?

Mar 05
What Does Ascopiave S.p.A.'s (BIT:ASC) Share Price Indicate?

Ascopiave (BIT:ASC) May Have Issues Allocating Its Capital

Oct 25
Ascopiave (BIT:ASC) May Have Issues Allocating Its Capital

Ascopiave (BIT:ASC) Might Be Having Difficulty Using Its Capital Effectively

Jul 20
Ascopiave (BIT:ASC) Might Be Having Difficulty Using Its Capital Effectively

At €3.73, Is It Time To Put Ascopiave S.p.A. (BIT:ASC) On Your Watch List?

Jun 06
At €3.73, Is It Time To Put Ascopiave S.p.A. (BIT:ASC) On Your Watch List?

Something To Consider Before Buying Ascopiave S.p.A. (BIT:ASC) For The 4.1% Dividend

Apr 13
Something To Consider Before Buying Ascopiave S.p.A. (BIT:ASC) For The 4.1% Dividend

Ascopiave (BIT:ASC) Seems To Use Debt Quite Sensibly

Mar 28
Ascopiave (BIT:ASC) Seems To Use Debt Quite Sensibly

Ascopiave S.p.A. Just Beat EPS By 56%: Here's What Analysts Think Will Happen Next

Mar 14
Ascopiave S.p.A. Just Beat EPS By 56%: Here's What Analysts Think Will Happen Next

Here's What To Make Of Ascopiave's (BIT:ASC) Returns On Capital

Mar 01
Here's What To Make Of Ascopiave's (BIT:ASC) Returns On Capital

At €3.76, Is Ascopiave S.p.A. (BIT:ASC) Worth Looking At Closely?

Feb 15
At €3.76, Is Ascopiave S.p.A. (BIT:ASC) Worth Looking At Closely?

Can Ascopiave S.p.A.'s (BIT:ASC) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?

Feb 02
Can Ascopiave S.p.A.'s (BIT:ASC) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?

Shareholders Of Ascopiave (BIT:ASC) Must Be Happy With Their 134% Total Return

Jan 18
Shareholders Of Ascopiave (BIT:ASC) Must Be Happy With Their 134% Total Return

Consider This Before Buying Ascopiave S.p.A. (BIT:ASC) For The 5.9% Dividend

Jan 03
Consider This Before Buying Ascopiave S.p.A. (BIT:ASC) For The 5.9% Dividend

Does Ascopiave's (BIT:ASC) Statutory Profit Adequately Reflect Its Underlying Profit?

Dec 19
Does Ascopiave's (BIT:ASC) Statutory Profit Adequately Reflect Its Underlying Profit?

How Much Of Ascopiave S.p.A. (BIT:ASC) Do Institutions Own?

Dec 05
How Much Of Ascopiave S.p.A. (BIT:ASC) Do Institutions Own?

Does Ascopiave (BIT:ASC) Have A Healthy Balance Sheet?

Nov 19
Does Ascopiave (BIT:ASC) Have A Healthy Balance Sheet?

Shareholder Returns

ASCIT Gas UtilitiesIT Market
7D1.1%-0.5%-2.8%
1Y19.7%-9.8%8.5%

Return vs Industry: ASC exceeded the Italian Gas Utilities industry which returned -9.8% over the past year.

Return vs Market: ASC exceeded the Italian Market which returned 8.5% over the past year.

Price Volatility

Is ASC's price volatile compared to industry and market?
ASC volatility
ASC Average Weekly Movement3.0%
Gas Utilities Industry Average Movement3.0%
Market Average Movement4.3%
10% most volatile stocks in IT Market7.8%
10% least volatile stocks in IT Market2.5%

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

Volatility Over Time: ASC's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1956500Nicola Cecconatowww.gruppoascopiave.it

Ascopiave S.p.A. engages in the distribution of natural gas in Italy. It operates through Gas Distribution, Renewable Energy, And Other segments. The company holds concessions and direct assignments for the supply of the service in various municipalities; and provides services to users through a distribution network, as well as provides services to catchment area.

Ascopiave S.p.A. Fundamentals Summary

How do Ascopiave's earnings and revenue compare to its market cap?
ASC fundamental statistics
Market cap€585.46m
Earnings (TTM)€49.01m
Revenue (TTM)€201.93m

11.9x

P/E Ratio

2.9x

P/S Ratio

Is ASC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ASC income statement (TTM)
Revenue€201.93m
Cost of Revenue€21.67m
Gross Profit€180.27m
Other Expenses€131.26m
Earnings€49.01m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Mar 06, 2025

Earnings per share (EPS)0.23
Gross Margin89.27%
Net Profit Margin24.27%
Debt/Equity Ratio49.3%

How did ASC perform over the long term?

See historical performance and comparison

Dividends

5.2%

Current Dividend Yield

62%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:19
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Ascopiave S.p.A. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Luigi De BellisEquita SIM S.p.A.
Roberto LetiziaEquita SIM S.p.A.
Monica BosioIntesa Sanpaolo Equity Research