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Hera S.p.A.BIT:HER Stock Report

Market Cap €5.7b
Share Price
€3.86
€4.57
15.6% undervalued intrinsic discount
1Y-12.5%
7D-1.7%
1D
Portfolio Value
View

Hera S.p.A.

BIT:HER Stock Report

Market Cap: €5.7b

Hera (HER) Stock Overview

A multi-utility company, engages in the waste management, water services, and energy businesses in Italy. More details

HER fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance3/6
Financial Health5/6
Dividends4/6

HER Community Fair Values

Create Narrative

See what 15 others think this stock is worth. Follow their fair value or set your own to get alerts.

Hera S.p.A. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Hera
Historical stock prices
Current Share Price€3.86
52 Week High€4.47
52 Week Low€3.58
Beta0.82
1 Month Change-4.03%
3 Month Change-7.49%
1 Year Change-12.52%
3 Year Change34.36%
5 Year Change6.99%
Change since IPO208.48%

Recent News & Updates

Analysis Article May 16

Hera S.p.A. Recorded A 9.6% Miss On Revenue: Analysts Are Revisiting Their Models

Hera S.p.A. ( BIT:HER ) shareholders are probably feeling a little disappointed, since its shares fell 2.9% to €3.80 in...
Narrative Update Apr 27

HER: Outlook Will Stay Supportive With Dividend Visibility And Firm Future P/E

Analysts have nudged their price target for Hera slightly higher to €4.57 from €4.52, reflecting modest tweaks in expected fair value, discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Hera S.p.A. announced an annual dividend of €0.1600 per share, with payment scheduled for June 24, 2026.
Narrative Update Apr 12

HER: Outlook Will Stay Supportive With Dividend Visibility And Firm Future P/E

Analysts have slightly raised their price target on Hera to €4.52, reflecting updated assumptions around revenue growth, profit margins and future P/E that remain broadly consistent with prior views. What's in the News Hera S.p.A. announced an annual dividend of €0.1600 per share, with payment scheduled for June 24, 2026 (Key Developments).

Recent updates

Analysis Article May 16

Hera S.p.A. Recorded A 9.6% Miss On Revenue: Analysts Are Revisiting Their Models

Hera S.p.A. ( BIT:HER ) shareholders are probably feeling a little disappointed, since its shares fell 2.9% to €3.80 in...
Narrative Update Apr 27

HER: Outlook Will Stay Supportive With Dividend Visibility And Firm Future P/E

Analysts have nudged their price target for Hera slightly higher to €4.57 from €4.52, reflecting modest tweaks in expected fair value, discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Hera S.p.A. announced an annual dividend of €0.1600 per share, with payment scheduled for June 24, 2026.
Narrative Update Apr 12

HER: Outlook Will Stay Supportive With Dividend Visibility And Firm Future P/E

Analysts have slightly raised their price target on Hera to €4.52, reflecting updated assumptions around revenue growth, profit margins and future P/E that remain broadly consistent with prior views. What's in the News Hera S.p.A. announced an annual dividend of €0.1600 per share, with payment scheduled for June 24, 2026 (Key Developments).
Narrative Update Mar 27

HER: Outlook Will Stay Supportive With Refined Assumptions And Firm Future P/E

Analysts have nudged their price target on Hera higher to €4.52, citing updated assumptions for revenue growth, profit margins, and a slightly adjusted future P/E that together support the new valuation level. Valuation Changes Fair Value: kept at €4.52, indicating no change in the central estimate of Hera's equity value.
Narrative Update Mar 12

HER: Outlook Will Stay Supportive With Steady Assumptions And Firm Future P/E

Analysts have kept their price target for Hera effectively unchanged at about €4.52. This reflects largely stable views on fair value, discount rate, revenue trends, profit margins, and future P/E assumptions.
Narrative Update Feb 26

HER: Outlook Will Stay Supportive With Steady Assumptions And Lower Future P/E

Analysts have kept their fair value estimate for Hera steady at €4.52, with a slightly lower future P/E assumption of 17.37x supporting a broadly unchanged price target, despite only minor tweaks to discount rate, revenue growth and profit margin inputs. Valuation Changes Fair Value: Kept unchanged at €4.52 per share.
Analysis Article Feb 14

Hera S.p.A. (BIT:HER) Looks Inexpensive But Perhaps Not Attractive Enough

With a price-to-earnings (or "P/E") ratio of 12.5x Hera S.p.A. ( BIT:HER ) may be sending bullish signals at the...
Narrative Update Feb 10

HER: Outlook Will Stay Supportive With Lower Discount Rate And Steady Margins

Analysts have raised their price target for Hera to reflect a slightly lower discount rate and a modestly reduced forward P/E of 17.78x. This suggests a somewhat improved risk and valuation profile in their updated work.
Narrative Update Jan 26

HER: Future Outlook Will Remain Supportive With Slightly Softer Margins And Higher Earnings Multiple

Analysts have raised their price target for Hera from €4.35 to €4.52, reflecting updated assumptions of slightly softer revenue contraction, a modestly lower profit margin, and a higher future P/E multiple. Valuation Changes Fair Value Estimate raised from €4.35 to €4.52, indicating a small upward adjustment in the target level.
Analysis Article Jan 21

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

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Narrative Update Jan 12

HER: Future Outlook Will Remain Steady With Stable Margins And Earnings Assumptions

Narrative Update on Hera Analysts have kept their price target for Hera broadly steady at €4.35, citing unchanged views on fair value, discount rate, revenue trajectory, profit margins, and future P/E assumptions. Valuation Changes Fair Value: unchanged at €4.35, indicating a stable view of Hera's estimated equity value per share.
Analysis Article Jan 03

Returns On Capital At Hera (BIT:HER) Have Hit The Brakes

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Narrative Update Dec 18

HER: Future Outlook Will Remain Steady As Margins And Revenue Trends Modestly Improve

Analysts have modestly increased their price target on Hera to $4.35 per share, citing slightly improved expectations for long term revenue trends and profit margins despite largely unchanged valuation assumptions. Valuation Changes Fair Value: unchanged at €4.35 per share, indicating no material revision to the intrinsic value estimate.
Analysis Article Dec 16

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

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Narrative Update Dec 04

HER: Future Outlook Will Remain Stable As Profit Margins Gradually Improve

Analysts have slightly refined their assumptions for Hera, leading to a modestly adjusted price target that still reflects stable fair value of 4.35. Updated discount rate, revenue growth, profit margin, and future P/E inputs support a largely unchanged long term outlook.
Narrative Update Nov 20

HER: Profit Margins Set To Improve as Market Expectations Rise

Analysts have raised Hera's price target from €4.13 to €4.35, citing a modestly improved profit margin outlook and a higher future price-to-earnings expectation. Valuation Changes Fair Value Estimate has increased slightly from €4.13 to €4.35.
Analysis Article Nov 03

There Is A Reason Hera S.p.A.'s (BIT:HER) Price Is Undemanding

With a price-to-earnings (or "P/E") ratio of 11.3x Hera S.p.A. ( BIT:HER ) may be sending bullish signals at the...
Analysis Article Sep 25

Is There Now An Opportunity In Hera S.p.A. (BIT:HER)?

Hera S.p.A. ( BIT:HER ), is not the largest company out there, but it saw significant share price movement during...
Analysis Article Aug 26

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

Key Insights Hera's estimated fair value is €3.47 based on 2 Stage Free Cash Flow to Equity Hera's €3.72 share price...
Analysis Article Aug 14

Returns At Hera (BIT:HER) Appear To Be Weighed Down

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Jul 28

Hera (BIT:HER) Has A Somewhat Strained Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jul 01

Here's Why We Think Hera (BIT:HER) Is Well Worth Watching

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Jun 10

At €4.28, Is Hera S.p.A. (BIT:HER) Worth Looking At Closely?

Hera S.p.A. ( BIT:HER ), is not the largest company out there, but it saw a double-digit share price rise of over 10...
User avatar
New Narrative Dec 09

Carbon Capture Innovation And Market Expansion Will Propel Future Earnings Growth

Strong organic growth and market penetration with over 4 million customers indicate future revenue potential and stable earnings.

Shareholder Returns

HERIT Integrated UtilitiesIT Market
7D-1.7%-3.6%-0.4%
1Y-12.5%18.0%19.7%

Return vs Industry: HER underperformed the Italian Integrated Utilities industry which returned 18% over the past year.

Return vs Market: HER underperformed the Italian Market which returned 19.7% over the past year.

Price Volatility

Is HER's price volatile compared to industry and market?
HER volatility
HER Average Weekly Movement3.3%
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: HER has not had significant price volatility in the past 3 months compared to the Italian market.

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

About the Company

FoundedEmployeesCEOWebsite
200210,254Orazio Iaconowww.gruppohera.it

Hera S.p.A., a multi-utility company, engages in the waste management, water services, and energy businesses in Italy. It is involved in the sale and distribution of methane and natural gas, as well as in the district heating and heating management business; generation, distribution, and sale of electricity; aqueduct, purification, and sewage services related to water cycle; waste collection, treatment, recycling, and disposal services; and provision of public lighting, telecommunications, and other services. The company’s water services include activities related to water collection, drinking water treatment, and distribution for civil and industrial applications, as well as sewerage and sewage treatment activities.

Hera S.p.A. Fundamentals Summary

How do Hera's earnings and revenue compare to its market cap?
HER fundamental statistics
Market cap€5.70b
Earnings (TTM)€465.20m
Revenue (TTM)€12.13b
12.3x
P/E Ratio
0.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HER income statement (TTM)
Revenue€12.13b
Cost of Revenue€9.83b
Gross Profit€2.30b
Other Expenses€1.83b
Earnings€465.20m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Jul 29, 2026

Earnings per share (EPS)0.31
Gross Margin18.95%
Net Profit Margin3.83%
Debt/Equity Ratio118.6%

How did HER perform over the long term?

See historical performance and comparison

Dividends

4.1%
Current Dividend Yield
51%
Payout Ratio

Does HER pay a reliable dividends?

See HER dividend history and benchmarks
When do you need to buy HER by to receive an upcoming dividend?
Hera dividend dates
Ex Dividend DateJun 22 2026
Dividend Pay DateJun 24 2026
Days until Ex dividend20 days
Days until Dividend pay date22 days

Does HER pay a reliable dividends?

See HER dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/01 13:07
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

Hera S.p.A. is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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