Snam Future Growth

Future criteria checks 1/6

Snam is forecast to grow earnings and revenue by 3.3% and 3.1% per annum respectively. EPS is expected to grow by 3.1% per annum. Return on equity is forecast to be 15.5% in 3 years.

Key information

3.3%

Earnings growth rate

3.1%

EPS growth rate

Gas Utilities earnings growth	-3.4%
Revenue growth rate	3.1%
Future return on equity	15.5%
Analyst coverage	Good
Last updated	01 May 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

BIT:SRG - Analysts future estimates and past financials data (EUR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	4,779	1,270	277	2,698	11
12/31/2025	4,523	1,231	215	2,577	16
12/31/2024	4,244	1,197	-1,283	1,658	17
12/31/2023	4,288	1,135	-1,931	-135	N/A
9/30/2023	4,112	746	-69	1,571	N/A
6/30/2023	3,913	683	-469	1,072	N/A
3/31/2023	3,656	663	1,201	2,602	N/A
12/31/2022	3,515	671	2,788	4,109	N/A
9/30/2022	3,511	1,251	1,445	2,704	N/A
6/30/2022	3,448	1,304	1,885	3,090	N/A
3/31/2022	3,418	1,495	1,587	2,826	N/A
12/31/2021	3,297	1,496	94	1,338	N/A
9/30/2021	3,072	1,453	203	1,443	N/A
6/30/2021	2,949	1,407	151	1,414	N/A
3/31/2021	2,796	1,116	3	1,158	N/A
12/31/2020	2,770	1,101	431	1,597	N/A
9/30/2020	2,739	1,088	593	1,668	N/A
6/30/2020	2,676	1,081	5	1,014	N/A
3/31/2020	2,717	1,108	737	1,759	N/A
12/31/2019	2,665	1,090	532	1,486	N/A
9/30/2019	2,624	1,034	482	1,415	N/A
6/30/2019	2,647	1,018	611	1,522	N/A
3/31/2019	2,595	989	1,031	1,887	N/A
12/31/2018	2,586	960	977	1,826	N/A
9/30/2018	2,554	935	878	1,783	N/A
6/30/2018	2,536	916	1,056	1,988	N/A
3/31/2018	2,535	897	686	1,675	N/A
12/31/2017	2,533	897	848	1,864	N/A
9/30/2017	2,328	725	N/A	1,586	N/A
6/30/2017	2,562	731	N/A	1,828	N/A
3/31/2017	2,532	665	N/A	1,944	N/A
12/31/2016	2,501	591	N/A	1,627	N/A
9/30/2016	1,872	529	N/A	2,074	N/A
6/30/2016	1,921	548	N/A	2,108	N/A
3/31/2016	2,173	651	N/A	2,048	N/A
12/31/2015	2,551	796	N/A	2,054	N/A
9/30/2015	3,721	1,223	N/A	2,100	N/A
6/30/2015	3,747	1,249	N/A	2,028	N/A
3/31/2015	3,834	1,231	N/A	1,685	N/A
12/31/2014	3,832	1,198	N/A	1,529	N/A
9/30/2014	3,842	1,106	N/A	1,313	N/A
6/30/2014	3,835	1,016	N/A	1,426	N/A
3/31/2014	3,834	967	N/A	1,593	N/A
12/31/2013	3,818	917	N/A	1,839	N/A
9/30/2013	3,890	940	N/A	2,185	N/A
6/30/2013	3,852	733	N/A	1,266	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SRG's forecast earnings growth (3.3% per year) is above the savings rate (2.3%).

Earnings vs Market: SRG's earnings (3.3% per year) are forecast to grow slower than the Italian market (5.8% per year).

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

Revenue vs Market: SRG's revenue (3.1% per year) is forecast to grow slower than the Italian market (3.6% per year).

High Growth Revenue: SRG's revenue (3.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SRG's Return on Equity is forecast to be low in 3 years time (15.5%).

Snam Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus revenue estimates increase by 10%

Snam S.p.A. Confirms Earnings Guidance for the Year 2021

Recent updates

Snam's (BIT:SRG) Dividend Will Be Increased To €0.1692

Snam's (BIT:SRG) Earnings May Just Be The Starting Point

Snam's (BIT:SRG) Shareholders Will Receive A Bigger Dividend Than Last Year

Returns On Capital Signal Tricky Times Ahead For Snam (BIT:SRG)

Snam (BIT:SRG) Is Paying Out A Larger Dividend Than Last Year

Full year 2023 earnings released

Final dividend increased to €0.17

Consensus revenue estimates increase by 10%

Snam (BIT:SRG) Has A Somewhat Strained Balance Sheet

Snam Enters Exclusive Talks to Buy Edison Gas Storage Assets in Italy

Upcoming dividend of €0.11 per share at 5.7% yield

Calculating The Fair Value Of Snam S.p.A. (BIT:SRG)

Snam S.p.A. to Report Nine Months, 2024 Results on Nov 06, 2024

Returns On Capital At Snam (BIT:SRG) Have Hit The Brakes

Here's Why Snam (BIT:SRG) Has A Meaningful Debt Burden

Snam Considers M&A Deals on Adriatic LNG

Third quarter 2023 earnings released

Snam S.p.A. (BIT:SRG) Shares Could Be 25% Above Their Intrinsic Value Estimate

The Returns At Snam (BIT:SRG) Aren't Growing

Does Snam (BIT:SRG) Have A Healthy Balance Sheet?

New major risk - Dividend sustainability

New major risk - Financial position

Second quarter 2023 earnings released

Upcoming dividend of €0.17 per share at 5.5% yield

Snam S.p.A. (BIT:SRG) Shares Could Be 33% Above Their Intrinsic Value Estimate

First quarter 2023 earnings released

Returns On Capital At Snam (BIT:SRG) Have Hit The Brakes

Here's Why Snam (BIT:SRG) Has A Meaningful Debt Burden

Snam (BIT:SRG) Has Announced That It Will Be Increasing Its Dividend To €0.1651

Snam (BIT:SRG) Is Increasing Its Dividend To €0.1651

Full year 2022 earnings released

Returns On Capital At Snam (BIT:SRG) Have Stalled

Snam (BIT:SRG) Is Paying Out A Larger Dividend Than Last Year

Snam S.p.A. to Report First Half, 2023 Results on Jul 27, 2023

Upcoming dividend of €0.11 per share

Snam S.p.A. (BIT:SRG) completed the acquisition of a 49.9% stake in Two gas pipelines from Eni S.p.A. (BIT:ENI) for approximately €410 million.

Snam's (BIT:SRG) Upcoming Dividend Will Be Larger Than Last Year's

Here's Why Snam (BIT:SRG) Has A Meaningful Debt Burden

Snam's (BIT:SRG) Shareholders Will Receive A Bigger Dividend Than Last Year

Snam's (BIT:SRG) Upcoming Dividend Will Be Larger Than Last Year's

High number of new directors

Third quarter 2022 earnings released

Investors Met With Slowing Returns on Capital At Snam (BIT:SRG)

Now 20% undervalued after recent price drop

Is Snam (BIT:SRG) A Risky Investment?

Estimating The Intrinsic Value Of Snam S.p.A. (BIT:SRG)

Second quarter 2022 earnings: Revenues in line with analyst expectations

Snam (BIT:SRG) Has Some Way To Go To Become A Multi-Bagger

Upcoming dividend of €0.16 per share

Snam (BIT:SRG) Is Increasing Its Dividend To €0.16

Snam S.p.A. (BIT:SRG) entered into agreement to acquire 100% stake in Golar LNG NB 13 Corporation from Golar LNG Limited for $350 million.

High number of new directors

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

High number of new directors

Snam's (BIT:SRG) Dividend Will Be Increased To €0.16

Insufficient new directors

Calculating The Intrinsic Value Of Snam S.p.A. (BIT:SRG)

Snam's (BIT:SRG) Returns Have Hit A Wall

If You Like EPS Growth Then Check Out Snam (BIT:SRG) Before It's Too Late

Full year 2021 earnings: Revenues exceed analyst expectations

Snam (BIT:SRG) Has A Somewhat Strained Balance Sheet

Upcoming dividend of €0.10 per share

A Look At The Intrinsic Value Of Snam S.p.A. (BIT:SRG)

Snam's (BIT:SRG) Upcoming Dividend Will Be Larger Than Last Year's

Snam Reportedly Considers Sale of Gas Storage Unit Stake

Do Snam's (BIT:SRG) Earnings Warrant Your Attention?

Snam S.p.A. (BIT:SRG) completed the acquisition of a 25% stake in East Mediterranean Gas S.A.E. from PTT Energy Resources Company Limited for $50 million.

Is Snam (BIT:SRG) Using Too Much Debt?

Third quarter 2021 earnings released: EPS €0.10

Snam S.p.A. (BIT:SRG) Shares Could Be 24% Above Their Intrinsic Value Estimate

Here's Why I Think Snam (BIT:SRG) Is An Interesting Stock

Saudi Aramco Reportedly Aims to Raise at Least $17 Billion from Gas Pipeline

These 4 Measures Indicate That Snam (BIT:SRG) Is Using Debt Extensively