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Italgas BIT:IG Stock Report

Last Price

€5.29

Market Cap

€4.3b

7D

-2.8%

1Y

2.2%

Updated

19 Dec, 2024

Data

Company Financials +

Italgas S.p.A.

BIT:IG Stock Report

Market Cap: €4.3b

IG Stock Overview

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

IG fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance4/6
Financial Health2/6
Dividends3/6

Rewards

Trading at 32.4% below our estimate of its fair value

Earnings are forecast to grow 13.07% per year

Earnings have grown 3.6% per year over the past 5 years

Trading at good value compared to peers and industry

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 6.65% is not well covered by free cash flows


My Notes

Capture your thoughts, links and company narrative

Italgas S.p.A. Competitors

Snam

BIT:SRG

€14.2b

Ascopiave

BIT:ASC

€571.4m

Acinque

BIT:AC5

€400.6m

Hera

BIT:HER

€4.8b

Price History & Performance

Summary of share price highs, lows and changes for Italgas
Historical stock prices
Current Share Price€5.29
52 Week High€5.91
52 Week Low€4.57
Beta0.60
1 Month Change-5.03%
3 Month Change-2.22%
1 Year Change2.22%
3 Year Change-10.25%
5 Year Change-5.80%
Change since IPO33.25%

Recent News & Updates

An Intrinsic Calculation For Italgas S.p.A. (BIT:IG) Suggests It's 39% Undervalued

Sep 11
An Intrinsic Calculation For Italgas S.p.A. (BIT:IG) Suggests It's 39% Undervalued

Investors Don't See Light At End Of Italgas S.p.A.'s (BIT:IG) Tunnel

Aug 16
Investors Don't See Light At End Of Italgas S.p.A.'s (BIT:IG) Tunnel

Recent updates

An Intrinsic Calculation For Italgas S.p.A. (BIT:IG) Suggests It's 39% Undervalued

Sep 11
An Intrinsic Calculation For Italgas S.p.A. (BIT:IG) Suggests It's 39% Undervalued

Investors Don't See Light At End Of Italgas S.p.A.'s (BIT:IG) Tunnel

Aug 16
Investors Don't See Light At End Of Italgas S.p.A.'s (BIT:IG) Tunnel

Italgas' (BIT:IG) Upcoming Dividend Will Be Larger Than Last Year's

May 03
Italgas' (BIT:IG) Upcoming Dividend Will Be Larger Than Last Year's

Here's Why Italgas S.p.A.'s (BIT:IG) CEO Compensation Is The Least Of Shareholders' Concerns

Apr 30
Here's Why Italgas S.p.A.'s (BIT:IG) CEO Compensation Is The Least Of Shareholders' Concerns

Italgas (BIT:IG) Is Increasing Its Dividend To €0.352

Apr 19
Italgas (BIT:IG) Is Increasing Its Dividend To €0.352

Italgas' (BIT:IG) Dividend Will Be Increased To €0.352

Mar 18
Italgas' (BIT:IG) Dividend Will Be Increased To €0.352

Earnings Update: Italgas S.p.A. (BIT:IG) Just Reported Its Yearly Results And Analysts Are Updating Their Forecasts

Mar 15
Earnings Update: Italgas S.p.A. (BIT:IG) Just Reported Its Yearly Results And Analysts Are Updating Their Forecasts

Here's Why We Think Italgas (BIT:IG) Is Well Worth Watching

Jan 30
Here's Why We Think Italgas (BIT:IG) Is Well Worth Watching

Calculating The Fair Value Of Italgas S.p.A. (BIT:IG)

Nov 11
Calculating The Fair Value Of Italgas S.p.A. (BIT:IG)

Here's Why We Think Italgas (BIT:IG) Might Deserve Your Attention Today

Sep 15
Here's Why We Think Italgas (BIT:IG) Might Deserve Your Attention Today

Is There An Opportunity With Italgas S.p.A.'s (BIT:IG) 33% Undervaluation?

Aug 03
Is There An Opportunity With Italgas S.p.A.'s (BIT:IG) 33% Undervaluation?

Italgas (BIT:IG) Will Pay A Larger Dividend Than Last Year At €0.317

May 07
Italgas (BIT:IG) Will Pay A Larger Dividend Than Last Year At €0.317

Italgas' (BIT:IG) Dividend Will Be Increased To €0.317

Apr 05
Italgas' (BIT:IG) Dividend Will Be Increased To €0.317

Is Italgas S.p.A. (BIT:IG) Expensive For A Reason? A Look At Its Intrinsic Value

Mar 31
Is Italgas S.p.A. (BIT:IG) Expensive For A Reason? A Look At Its Intrinsic Value

A Look At The Fair Value Of Italgas S.p.A. (BIT:IG)

Dec 16
A Look At The Fair Value Of Italgas S.p.A. (BIT:IG)

Is There An Opportunity With Italgas S.p.A.'s (BIT:IG) 23% Undervaluation?

Sep 13
Is There An Opportunity With Italgas S.p.A.'s (BIT:IG) 23% Undervaluation?

Are Investors Undervaluing Italgas S.p.A. (BIT:IG) By 47%?

Jun 10
Are Investors Undervaluing Italgas S.p.A. (BIT:IG) By 47%?

Italgas' (BIT:IG) Upcoming Dividend Will Be Larger Than Last Year's

May 08
Italgas' (BIT:IG) Upcoming Dividend Will Be Larger Than Last Year's

Italgas' (BIT:IG) Upcoming Dividend Will Be Larger Than Last Year's

Apr 24
Italgas' (BIT:IG) Upcoming Dividend Will Be Larger Than Last Year's

Italgas (BIT:IG) Will Pay A Larger Dividend Than Last Year At €0.29

Apr 05
Italgas (BIT:IG) Will Pay A Larger Dividend Than Last Year At €0.29

Are Investors Undervaluing Italgas S.p.A. (BIT:IG) By 41%?

Jan 24
Are Investors Undervaluing Italgas S.p.A. (BIT:IG) By 41%?

Is There An Opportunity With Italgas S.p.A.'s (BIT:IG) 20% Undervaluation?

Oct 17
Is There An Opportunity With Italgas S.p.A.'s (BIT:IG) 20% Undervaluation?

Italgas (BIT:IG) Has More To Do To Multiply In Value Going Forward

Sep 28
Italgas (BIT:IG) Has More To Do To Multiply In Value Going Forward

Calculating The Fair Value Of Italgas S.p.A. (BIT:IG)

Jul 14
Calculating The Fair Value Of Italgas S.p.A. (BIT:IG)

Here's What To Make Of Italgas' (BIT:IG) Decelerating Rates Of Return

Jun 24
Here's What To Make Of Italgas' (BIT:IG) Decelerating Rates Of Return

Italgas S.p.A. (BIT:IG) Shares Could Be 22% Above Their Intrinsic Value Estimate

Mar 30
Italgas S.p.A. (BIT:IG) Shares Could Be 22% Above Their Intrinsic Value Estimate

Has Italgas (BIT:IG) Got What It Takes To Become A Multi-Bagger?

Mar 12
Has Italgas (BIT:IG) Got What It Takes To Become A Multi-Bagger?

Should You Be Impressed By Italgas S.p.A.'s (BIT:IG) ROE?

Feb 22
Should You Be Impressed By Italgas S.p.A.'s (BIT:IG) ROE?

Shareholder Returns

IGIT Gas UtilitiesIT Market
7D-2.8%-2.1%-0.9%
1Y2.2%-9.7%10.7%

Return vs Industry: IG exceeded the Italian Gas Utilities industry which returned -9.7% over the past year.

Return vs Market: IG underperformed the Italian Market which returned 10.7% over the past year.

Price Volatility

Is IG's price volatile compared to industry and market?
IG volatility
IG Average Weekly Movement2.3%
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: IG has not had significant price volatility in the past 3 months compared to the Italian market.

Volatility Over Time: IG's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18374,341Paolo Gallowww.italgas.it

Italgas S.p.A., together with its subsidiaries, engages in the distribution of natural gas in Italy. It is involved in the transportation of gas to households, enterprises, etc. The company operated a distribution network of 81,309 kilometers. It also engages in metering activities; and distributes and sells water.

Italgas S.p.A. Fundamentals Summary

How do Italgas's earnings and revenue compare to its market cap?
IG fundamental statistics
Market cap€4.29b
Earnings (TTM)€477.47m
Revenue (TTM)€2.54b

9.0x

P/E Ratio

1.7x

P/S Ratio

Is IG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IG income statement (TTM)
Revenue€2.54b
Cost of Revenue€828.96m
Gross Profit€1.71b
Other Expenses€1.24b
Earnings€477.47m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.59
Gross Margin67.39%
Net Profit Margin18.78%
Debt/Equity Ratio255.3%

How did IG perform over the long term?

See historical performance and comparison

Dividends

6.7%

Current Dividend Yield

62%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 01:51
End of Day Share Price 2024/12/19 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

Italgas S.p.A. is covered by 32 analysts. 11 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)
Virginia Sanz de Madrid GrossBanco Santander
José Ruiz FernandezBarclays