Hera Future Growth

Future criteria checks 0/6

Hera is forecast to grow earnings and revenue by 2.3% and 0.9% per annum respectively. EPS is expected to grow by 2% per annum. Return on equity is forecast to be 10.8% in 3 years.

Key information

2.3%

Earnings growth rate

2.0%

EPS growth rate

Integrated Utilities earnings growth	5.3%
Revenue growth rate	0.9%
Future return on equity	10.8%
Analyst coverage	Low
Last updated	15 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

BIT:HER - Analysts future estimates and past financials data (EUR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	13,848	451	262	1,064	3
12/31/2025	13,737	442	153	1,008	3
12/31/2024	14,293	434	-49	882	4
9/30/2024	12,645	423	164	1,027	N/A
6/30/2024	12,686	406	199	1,040	N/A
3/31/2024	13,113	390	34	851	N/A
12/31/2023	15,464	441	757	1,573	N/A
9/30/2023	17,295	452	604	1,364	N/A
6/30/2023	20,019	389	-156	585	N/A
3/31/2023	20,901	323	72	808	N/A
12/31/2022	20,564	255	-674	36	N/A
9/30/2022	18,912	131	-758	-83	N/A
6/30/2022	15,704	238	-58	571	N/A
3/31/2022	13,955	328	126	727	N/A
12/31/2021	10,915	334	457	1,045	N/A
9/30/2021	8,914	378	395	946	N/A
6/30/2021	8,200	353	457	1,007	N/A
3/31/2021	7,715	311	465	993	N/A
12/31/2020	7,508	303	385	891	N/A
9/30/2020	7,144	388	289	813	N/A
6/30/2020	7,393	386	310	832	N/A
3/31/2020	7,416	386	211	743	N/A
12/31/2019	7,312	386	197	730	N/A
9/30/2019	7,205	304	272	781	N/A
6/30/2019	6,884	290	254	747	N/A
3/31/2019	6,669	286	189	667	N/A
12/31/2018	6,445	282	157	622	N/A
9/30/2018	6,241	277	169	631	N/A
6/30/2018	6,139	269	N/A	660	N/A
3/31/2018	6,095	262	N/A	700	N/A
12/31/2017	5,926	251	N/A	755	N/A
9/30/2017	5,871	248	N/A	662	N/A
6/30/2017	5,649	227	N/A	692	N/A
3/31/2017	5,750	226	N/A	625	N/A
12/31/2016	5,391	207	N/A	663	N/A
9/30/2016	5,132	198	N/A	661	N/A
6/30/2016	4,979	194	N/A	615	N/A
3/31/2016	4,655	186	N/A	611	N/A
12/31/2015	4,729	181	N/A	558	N/A
9/30/2015	4,683	179	N/A	614	N/A
6/30/2015	4,568	176	N/A	669	N/A
3/31/2015	4,518	168	N/A	588	N/A
12/31/2014	4,427	165	N/A	507	N/A
9/30/2014	4,403	146	N/A	490	N/A
6/30/2014	4,408	127	N/A	393	N/A
3/31/2014	4,490	125	N/A	415	N/A
12/31/2013	4,639	165	N/A	483	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HER's forecast earnings growth (2.3% per year) is below the savings rate (2.5%).

Earnings vs Market: HER's earnings (2.3% per year) are forecast to grow slower than the Italian market (7.1% per year).

High Growth Earnings: HER's earnings are forecast to grow, but not significantly.

Revenue vs Market: HER's revenue (0.9% per year) is forecast to grow slower than the Italian market (4% per year).

High Growth Revenue: HER's revenue (0.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: HER's Return on Equity is forecast to be low in 3 years time (10.8%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/18 20:04
End of Day Share Price	2024/12/18 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Hera S.p.A. is covered by 17 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Juan Rodriguez	AlphaValue
Pierre-Yves Gauthier	AlphaValue
Andrea Belloli	Banca Akros S.p.A. (ESN)

Hera Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 12%

Consensus revenue estimates increase by 13%, EPS downgraded

Price target decreased by 9.1% to €3.40

Consensus revenue estimates increase by 10%

Price target decreased to €3.72

Consensus forecasts updated

Recent updates

Now 20% undervalued after recent price drop

We Think Hera (BIT:HER) Is Taking Some Risk With Its Debt

New major risk - Financial position

Third quarter 2024 earnings released: EPS: €0.045 (vs €0.033 in 3Q 2023)

Now 21% overvalued after recent price rise

Returns On Capital At Hera (BIT:HER) Have Stalled

Rekeep Reportedly in Exclusive Talks to Sell Energy Arm to Address Debt

Calculating The Intrinsic Value Of Hera S.p.A. (BIT:HER)

Getting In Cheap On Hera S.p.A. (BIT:HER) Is Unlikely

Is Hera (BIT:HER) A Risky Investment?

Second quarter 2024 earnings released: EPS: €0.052 (vs €0.041 in 2Q 2023)

Hera S.p.A. to Report Fiscal Year 2024 Results on Mar 17, 2025

Hera's (BIT:HER) Returns Have Hit A Wall

Is It Too Late To Consider Buying Hera S.p.A. (BIT:HER)?

Upcoming dividend of €0.14 per share

Hera (BIT:HER) Has Announced That It Will Be Increasing Its Dividend To €0.14

Hera S.p.A. (BIT:HER) Shares Could Be 35% Above Their Intrinsic Value Estimate

First quarter 2024 earnings released: EPS: €0.099 (vs €0.13 in 1Q 2023)

We Think Hera (BIT:HER) Can Stay On Top Of Its Debt

Do Hera's (BIT:HER) Earnings Warrant Your Attention?

Hera (BIT:HER) Is Increasing Its Dividend To €0.14

New major risk - Revenue and earnings growth

Hera (BIT:HER) Hasn't Managed To Accelerate Its Returns

Dividend increased to €0.14

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

When Should You Buy Hera S.p.A. (BIT:HER)?

Now 22% overvalued after recent price rise

Hera S.p.A.'s (BIT:HER) Share Price Is Matching Sentiment Around Its Earnings

New major risk - Revenue and earnings growth

Hera S.p.A. to Report Q1, 2024 Results on May 14, 2024

Is Hera S.p.A. (BIT:HER) Trading At A 23% Discount?

Third quarter 2023 earnings released: EPS: €0.033 (vs €0.01 loss in 3Q 2022)

Now 21% undervalued

New major risk - Revenue and earnings growth

Now 21% undervalued

Now 20% undervalued after recent price drop

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: EPS: €0.041 (vs €0.004 loss in 2Q 2022)

Consensus EPS estimates increase by 12%

Hera S.p.A. acquired TIEPOLO SRL from Greenfield Renewables S.r.l. and Combigas Srl.

Hera S.p.A., Annual General Meeting, Apr 15, 2024

Upcoming dividend of €0.13 per share at 4.3% yield

Hera S.p.A. to Report First Half, 2023 Results on Jul 26, 2023

Consensus revenue estimates increase by 13%, EPS downgraded

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased by 9.1% to €3.40

Consensus revenue estimates increase by 10%

Hera S.p.A., Annual General Meeting, Apr 27, 2023

Third quarter 2022 earnings released: €0.01 loss per share (vs €0.063 profit in 3Q 2021)

Price target decreased to €3.72

Second quarter 2022 earnings released: €0.004 loss per share (vs €0.057 profit in 2Q 2021)

Consensus forecasts updated

Consensus forecasts updated

Investor sentiment deteriorated over the past week

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Hera S.p.A. Appoints Orazio Iacono as Member of the Executive Committee

Now 23% undervalued after recent price drop

Hera S.p.A. Announces Resignation of Stefano Venier CEO

Full year 2021 earnings: Revenues exceed analyst expectations

Hera S.p.A., Annual General Meeting, Apr 28, 2022

Hera S.p.A. to Report Fiscal Year 2021 Results on Mar 23, 2022

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake