Snam S.p.A.

BIT:SRG Stock Report

Market Cap: €21.6b

Snam Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Agostino Scornajenchi

Chief executive officer

€2.0m

Total compensation

CEO salary percentage28.03%
CEO tenure1.1yrs
CEO ownershipn/a
Management average tenure4.2yrs
Board average tenure1.1yrs

Recent management updates

Recent updates

Analysis Article Jun 17

Snam (BIT:SRG) Stock Could Be 34% Below Fair Value After €1.5b Green Bond Sale

Why Snam stock investors are watching the new green and sustainable bonds Snam (BIT:SRG) has just completed a dual tranche fixed income offering totaling about €1.5b, issuing climate and sustainable variable rate notes maturing in 2030 and 2036. This event could influence how investors view its capital structure. See our latest analysis for Snam. The new green and sustainable bonds come at a time when Snam’s share price has a 1-month share price return of 3.32% and a year to date share price...
Narrative Update Jun 05

SRG: Higher Fair Value And Neutral Ratings Will Shape Future Trade Off

The analyst fair value estimate for Snam increases from €5.69 to €6.50, as analysts highlight valuation following the recent stock rally, modest adjustments to revenue growth and profit margin assumptions, and slightly higher future P/E expectations reflected in recent target changes around €6.80 to €7.00. Analyst Commentary Recent research points to a more balanced view on Snam after the stock's rally, with price targets clustered in the €6.80 to €7.00 range and ratings moving toward the middle of the scale.
Analysis Article May 16

Analyst Estimates: Here's What Brokers Think Of Snam S.p.A. (BIT:SRG) After Its First-Quarter Report

Shareholders might have noticed that Snam S.p.A. ( BIT:SRG ) filed its quarterly result this time last week. The early...
Narrative Update Feb 07

SRG: Lower Discount Rate And Sector View Will Support Fair Valuation

Analysts have lifted their price target on Snam to €5.40 from €5.15, reflecting updated assumptions around discount rates and future P/E, while keeping their fair value estimate and core operating forecasts unchanged. Analyst Commentary Analysts lifting the price target to €5.40 while keeping core forecasts steady signals that the change is mainly tied to updated valuation inputs rather than a shift in the underlying earnings view.
Analysis Article Feb 05

Here's Why We Think Snam (BIT:SRG) Might Deserve Your Attention Today

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Narrative Update Jan 24

SRG: Dividend Policy And Sector Rating Will Support Fairly Valued Shares

Analysts have nudged their fair value estimate for Snam slightly higher to €5.69 from €5.65, in line with a recent Street price target increase on the shares to €5.40, which reflects updated assumptions on discount rate, revenue growth, profit margins and future P/E. Analyst Commentary Bullish Takeaways Bullish analysts see the lift in the fair value estimate to €5.69, alongside the Street price target of €5.40, as support for a valuation that they view as aligned with updated assumptions on discount rate, revenue growth, margins and future P/E.
Narrative Update Jan 09

SRG: Dividend Policy And Sector Performance Will Steady Fairly Valued Shares

Narrative Update Opening Analysts have nudged their fair value estimate for Snam slightly higher to €5.65 from €5.61, citing updated price targets, such as the recent move to €5.40, and small refinements to discount rate, margin and future P/E assumptions. Analyst Commentary The recent move in fair value estimates for Snam sits close to the updated price target of €5.40, which signals that analysts see the shares as broadly in line with their current expectations on risk, earnings power and capital efficiency.
Narrative Update Dec 16

SRG: Dividend Stability And Sector Performance Will Guide Fairly Valued Shares Forward

Analysts have nudged their price target on Snam higher to EUR 5.61 from around EUR 5.54, reflecting modestly stronger long term value expectations, despite slightly softer growth and margin assumptions in line with recent sector perform research. Analyst Commentary Recent research highlights a more balanced stance on Snam, with adjustments to price targets reflecting both recognition of the shares' resilience and concerns about relative growth versus peers.
Analysis Article Dec 12

Snam's (BIT:SRG) Dividend Will Be €0.1208

The board of Snam S.p.A. ( BIT:SRG ) has announced that it will pay a dividend of €0.1208 per share on the 21st of...
Analysis Article Dec 03

Slowing Rates Of Return At Snam (BIT:SRG) Leave Little Room For Excitement

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Narrative Update Dec 01

SRG: Dividend Policy And Sector Performance Will Anchor Returns Amid Uncertain Momentum

Analysts have slightly increased their price target for Snam, raising it from €5.49 to €5.54. They cite continued improvements in fundamentals such as revenue growth and profit margin.
Narrative Update Nov 17

SRG: Future Dividend Increase And Margins Will Balance Slower Revenue Outlook

Analysts have modestly raised their price target for Snam from €5.42 to €5.49. They note expectations of stable profit margins, despite a softer revenue growth outlook.
Analysis Article Nov 15

Snam (BIT:SRG) Is Due To Pay A Dividend Of €0.1208

The board of Snam S.p.A. ( BIT:SRG ) has announced that it will pay a dividend of €0.1208 per share on the 21st of...
Analysis Article Nov 09

Snam S.p.A. (BIT:SRG) Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next Year

It's been a good week for Snam S.p.A. ( BIT:SRG ) shareholders, because the company has just released its latest...
Analysis Article Oct 26

Here's Why We Think Snam (BIT:SRG) Is Well Worth Watching

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Oct 10

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

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Sep 25

There's No Escaping Snam S.p.A.'s (BIT:SRG) Muted Earnings

When close to half the companies in Italy have price-to-earnings ratios (or "P/E's") above 18x, you may consider Snam...
Analysis Article Aug 03

Snam S.p.A. (BIT:SRG) Just Released Its Half-Year Earnings: Here's What Analysts Think

Last week saw the newest half-year earnings release from Snam S.p.A. ( BIT:SRG ), an important milestone in the...
Analysis Article Jul 15

Snam's (BIT:SRG) Returns On Capital Not Reflecting Well On The Business

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 Jun 24

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

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
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New Narrative Nov 09

A Dynamic Shift Into Green Energy Solutions Drives Future Growth

Diversifying into hydrogen and carbon capture may drive growth and diversify income through infrastructure development and strategic acquisitions.

CEO Compensation Analysis

How has Agostino Scornajenchi's remuneration changed compared to Snam's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

€1b

Dec 31 2025€2m€572k

€1b

Compensation vs Market: Agostino's total compensation ($USD2.34M) is below average for companies of similar size in the Italian market ($USD3.86M).

Compensation vs Earnings: Insufficient data to compare Agostino's compensation with company performance.


CEO

Agostino Scornajenchi (54 yo)

1.1yrs
Tenure
€2,040,476
Compensation

Mr. Agostino Scornajenchi serves as Chief Executive Officer & GM of Snam S.p.A. since May 2025 and serves as its Director since May 2025. He served as CEO, Board Director & General Manager of CDP Venture C...


Leadership Team

NamePositionTenureCompensationOwnership
Agostino Scornajenchi
CEO, GM & Director1.1yrs€2.04mno data
Luca Passa
Chief Financial3.4yrsno datano data
Nicole Vedova
Finance Director2.2yrsno datano data
Francesca Pezzoli
Head of Investor Relationsno datano datano data
Umberto Baldi
Chief Legal Officer5yrsno datano data
Giacomo D'Amico
Chief Institutional Affairsless than a yearno datano data
Silvia Marinari
Chief People & Organization Officerless than a yearno datano data
Gaetano Mazzitelli
Chief Commercial Operations14.5yrsno datano data
Domenico Negrini
Head of Corporate Social Responsibilityno datano datano data
Camilla Palladino
Executive Vice President of Corporate Strategy & Investor Relations9.6yrsno datano data
Massimo Derchi
Chief Infrastructure Operations8.4yrsno datano data
Marco Bianchi
Managing Director of TEP Energy Solution7.8yrsno datano data
4.2yrs
Average Tenure
54yo
Average Age

Experienced Management: SRG's management team is considered experienced (4.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Agostino Scornajenchi
CEO, GM & Director1.1yrs€2.04mno data
Maurizio Dallocchio
Standing Auditor1.1yrsno datano data
Antonella Bientinesi
Standing Auditor1.1yrsno datano data
Piero Manzoni
Independent Director4.2yrs€127.00kno data
Mauro Lonardo
Chairman of the Board of Statutory Auditors1.1yrsno datano data
Andrea Mascetti
Independent Director1.1yrs€64.00kno data
Laura Cavatorta
Independent Director7.2yrs€130.00kno data
Qinjing Shen
Non-Executive Director4.3yrs€77.00kno data
Augusta Iannini
Independent Director4.2yrs€111.00kno data
Esedra Chiacchella
Non Executive Director1.1yrs€67.00kno data
Alessandro Zehentner
Independent Chairman1.1yrs€197.00kno data
Paola Panzeri
Independent Director1.1yrs€60.00kno data
1.1yrs
Average Tenure
59.5yo
Average Age

Experienced Board: SRG's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/22 11:55
End of Day Share Price 2026/06/22 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

Snam S.p.A. is covered by 35 analysts. 17 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)
Tommaso MarabiniBanca Akros S.p.A. (ESN)
Virginia Sanz de Madrid GrossBanco Santander