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TRN logo

Terna BIT:TRN Stock Report

Last Price

€8.05

Market Cap

€16.2b

7D

-3.4%

1Y

7.6%

Updated

13 Apr, 2025

Data

Company Financials +

Terna S.p.A.

BIT:TRN Stock Report

Market Cap: €16.2b

TRN Stock Overview

Provides electricity transmission and dispatching services in Italy, other Euro-area countries, and internationally. More details

TRN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance5/6
Financial Health2/6
Dividends4/6

Rewards

Earnings are forecast to grow 3.17% per year

Earnings grew by 19% over the past year

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 4.92% is not well covered by free cash flows


Community vs My Fair Value

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TRN logo
Terna
AN
AnalystConsensusTarget
Consensus Narrative from 18 Analysts

Investments In Energy Transition Will Expand Renewable Capacity

Key Takeaways Significant investments in energy transition and digitalization aim to boost revenues, with a focus on enhanced grid infrastructure and innovative operational efficiencies. Strategic initiatives in renewables and storage capacity integration support Italy's decarbonization goals, providing grid stability and improved earnings potential.
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€8.46
FV
4.8% undervalued intrinsic discount
7.45%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
5users have followed this narrative
4 days ago author updated this narrative
View Terna Community

Terna S.p.A. Competitors

Enel

BIT:ENEL

€71.0b

eVISO

BIT:EVISO

€217.9m

Snam

BIT:SRG

€15.6b

Edison

BIT:EDNR

€8.4b

Price History & Performance

Summary of share price highs, lows and changes for Terna
Historical stock prices
Current Share Price€8.05
52 Week High€8.83
52 Week Low€7.16
Beta0.57
1 Month Change2.26%
3 Month Change5.64%
1 Year Change7.65%
3 Year Change0.73%
5 Year Change46.51%
Change since IPO357.50%

Recent News & Updates

Pinning Down Terna S.p.A.'s (BIT:TRN) P/E Is Difficult Right Now

Apr 12
Pinning Down Terna S.p.A.'s (BIT:TRN) P/E Is Difficult Right Now

Terna (BIT:TRN) Is Increasing Its Dividend To €0.277

Mar 29
Terna (BIT:TRN) Is Increasing Its Dividend To €0.277

A Look At The Intrinsic Value Of Terna S.p.A. (BIT:TRN)

Mar 20
A Look At The Intrinsic Value Of Terna S.p.A. (BIT:TRN)

Here's Why Terna (BIT:TRN) Has A Meaningful Debt Burden

Feb 17
Here's Why Terna (BIT:TRN) Has A Meaningful Debt Burden

Recent updates

Pinning Down Terna S.p.A.'s (BIT:TRN) P/E Is Difficult Right Now

Apr 12
Pinning Down Terna S.p.A.'s (BIT:TRN) P/E Is Difficult Right Now

Terna (BIT:TRN) Is Increasing Its Dividend To €0.277

Mar 29
Terna (BIT:TRN) Is Increasing Its Dividend To €0.277

A Look At The Intrinsic Value Of Terna S.p.A. (BIT:TRN)

Mar 20
A Look At The Intrinsic Value Of Terna S.p.A. (BIT:TRN)

Here's Why Terna (BIT:TRN) Has A Meaningful Debt Burden

Feb 17
Here's Why Terna (BIT:TRN) Has A Meaningful Debt Burden

With EPS Growth And More, Terna (BIT:TRN) Makes An Interesting Case

Jan 18
With EPS Growth And More, Terna (BIT:TRN) Makes An Interesting Case

There's Been No Shortage Of Growth Recently For Terna's (BIT:TRN) Returns On Capital

Jan 03
There's Been No Shortage Of Growth Recently For Terna's (BIT:TRN) Returns On Capital

Terna (BIT:TRN) Will Pay A Dividend Of €0.1192

Nov 11
Terna (BIT:TRN) Will Pay A Dividend Of €0.1192

Analysts Are Updating Their Terna S.p.A. (BIT:TRN) Estimates After Its Third-Quarter Results

Nov 09
Analysts Are Updating Their Terna S.p.A. (BIT:TRN) Estimates After Its Third-Quarter Results
author-image

New Incentive Schemes And Renewables Expansion Power Up Future Profitability

Nov 08 Transitioning to an output-based incentive framework and expanding renewable integration are expected to drive significant long-term revenue and EBITDA growth.

Calculating The Intrinsic Value Of Terna S.p.A. (BIT:TRN)

Nov 04
Calculating The Intrinsic Value Of Terna S.p.A. (BIT:TRN)

Here's Why We Think Terna (BIT:TRN) Is Well Worth Watching

Oct 08
Here's Why We Think Terna (BIT:TRN) Is Well Worth Watching

Returns At Terna (BIT:TRN) Appear To Be Weighed Down

Sep 25
Returns At Terna (BIT:TRN) Appear To Be Weighed Down

Terna (BIT:TRN) Has A Somewhat Strained Balance Sheet

Sep 11
Terna (BIT:TRN) Has A Somewhat Strained Balance Sheet

Earnings Not Telling The Story For Terna S.p.A. (BIT:TRN)

Aug 15
Earnings Not Telling The Story For Terna S.p.A. (BIT:TRN)

Terna S.p.A. (BIT:TRN) Just Reported Half-Yearly Earnings: Have Analysts Changed Their Mind On The Stock?

Aug 02
Terna S.p.A. (BIT:TRN) Just Reported Half-Yearly Earnings: Have Analysts Changed Their Mind On The Stock?

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

Jul 26
Terna S.p.A. (BIT:TRN) Shares Could Be 24% Above Their Intrinsic Value Estimate

Here's Why We Think Terna (BIT:TRN) Might Deserve Your Attention Today

Jun 26
Here's Why We Think Terna (BIT:TRN) Might Deserve Your Attention Today

Is Terna (BIT:TRN) Using Too Much Debt?

Jun 11
Is Terna (BIT:TRN) Using Too Much Debt?

The Returns At Terna (BIT:TRN) Aren't Growing

May 09
The Returns At Terna (BIT:TRN) Aren't Growing

Shareholder Returns

TRNIT Electric UtilitiesIT Market
7D-3.4%-2.8%-2.0%
1Y7.6%12.8%0.6%

Return vs Industry: TRN underperformed the Italian Electric Utilities industry which returned 12.8% over the past year.

Return vs Market: TRN exceeded the Italian Market which returned 0.6% over the past year.

Price Volatility

Is TRN's price volatile compared to industry and market?
TRN volatility
TRN Average Weekly Movement3.4%
Electric Utilities Industry Average Movement4.0%
Market Average Movement5.1%
10% most volatile stocks in IT Market8.2%
10% least volatile stocks in IT Market3.2%

Stable Share Price: TRN has not had significant price volatility in the past 3 months compared to the Italian market.

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

About the Company

FoundedEmployeesCEOWebsite
19626,420Giuseppina Di Foggiawww.terna.it

Terna S.p.A., together with its subsidiaries, provides electricity transmission and dispatching services in Italy, other Euro-area countries, and internationally. It operates through Regulated, Non-Regulated, and International segments. The company is involved in the design, construction, management, development, operation, and maintenance of national transmission grid; dispatching and metering; and construction of storage systems.

Terna S.p.A. Fundamentals Summary

How do Terna's earnings and revenue compare to its market cap?
TRN fundamental statistics
Market cap€16.15b
Earnings (TTM)€1.05b
Revenue (TTM)€3.68b

15.4x

P/E Ratio

4.4x

P/S Ratio

Is TRN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TRN income statement (TTM)
Revenue€3.68b
Cost of Revenue€678.00m
Gross Profit€3.00b
Other Expenses€1.95b
Earnings€1.05b

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

May 15, 2025

Earnings per share (EPS)0.52
Gross Margin81.58%
Net Profit Margin28.54%
Debt/Equity Ratio147.9%

How did TRN perform over the long term?

See historical performance and comparison

Dividends

4.9%

Current Dividend Yield

67%

Payout Ratio

Does TRN pay a reliable dividends?

See TRN dividend history and benchmarks
When do you need to buy TRN by to receive an upcoming dividend?
Terna dividend dates
Ex Dividend DateJun 23 2025
Dividend Pay DateJun 25 2025
Days until Ex dividend70 days
Days until Dividend pay date72 days

Does TRN pay a reliable dividends?

See TRN dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/13 11:34
End of Day Share Price 2025/04/11 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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

Terna S.p.A. is covered by 37 analysts. 16 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)
Claudia IntrovigneBanca Leonardo
Virginia Sanz de Madrid GrossBanco Santander