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Terna BIT:TRN Stock Report

Last Price

€7.61

Market Cap

€15.3b

7D

-1.4%

1Y

0.05%

Updated

22 Dec, 2024

Data

Company Financials +

Terna S.p.A.

BIT:TRN Stock Report

Market Cap: €15.3b

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 Growth1/6
Past Performance5/6
Financial Health2/6
Dividends4/6

Rewards

Revenue is forecast to grow 5.86% per year

Earnings grew by 14.9% over the past year

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 4.52% is not well covered by free cash flows


My Notes

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Community Narratives

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WA
Analyst Price Target
Consensus Narrative from 18 Analysts

Renewable Integration And Grid Enhancements Will Drive Future Of European Energy Infrastructure

Key Takeaways Transitioning to an output-based incentive framework and expanding renewable integration are expected to drive significant long-term revenue and EBITDA growth. Strategic acquisitions and robust CapEx plans focused on grid enhancements should support immediate earnings accretion and long-term growth.
View narrative
€8.34
FV
8.8% undervalued intrinsic discount
5.97%
Revenue growth p.a.
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3users have followed this narrative
3 days ago author updated this narrative

Terna S.p.A. Competitors

Enel

BIT:ENEL

€69.1b

Snam

BIT:SRG

€14.2b

eVISO

BIT:EVISO

€156.1m

Edison

BIT:EDNR

€8.8b

Price History & Performance

Summary of share price highs, lows and changes for Terna
Historical stock prices
Current Share Price€7.61
52 Week High€8.27
52 Week Low€7.16
Beta0.52
1 Month Change-4.52%
3 Month Change-5.37%
1 Year Change0.053%
3 Year Change6.58%
5 Year Change26.79%
Change since IPO332.39%

Recent News & Updates

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

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

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

Recent updates

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

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

Terna S.p.A.'s (BIT:TRN) Price Is Out Of Tune With Earnings

Apr 07
Terna S.p.A.'s (BIT:TRN) Price Is Out Of Tune With Earnings

Terna S.p.A. (BIT:TRN) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Mar 22
Terna S.p.A. (BIT:TRN) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Terna (BIT:TRN) Takes On Some Risk With Its Use Of Debt

Mar 11
Terna (BIT:TRN) Takes On Some Risk With Its Use Of Debt

Terna (BIT:TRN) Is Paying Out A Dividend Of €0.2083

Feb 22
Terna (BIT:TRN) Is Paying Out A Dividend Of €0.2083

Terna (BIT:TRN) Will Pay A Dividend Of €0.2083

Feb 02
Terna (BIT:TRN) Will Pay A Dividend Of €0.2083

Terna (BIT:TRN) Has More To Do To Multiply In Value Going Forward

Dec 29
Terna (BIT:TRN) Has More To Do To Multiply In Value Going Forward

Shareholder Returns

TRNIT Electric UtilitiesIT Market
7D-1.4%-1.7%-2.8%
1Y0.05%-4.1%8.5%

Return vs Industry: TRN exceeded the Italian Electric Utilities industry which returned -4.1% over the past year.

Return vs Market: TRN underperformed the Italian Market which returned 8.5% over the past year.

Price Volatility

Is TRN's price volatile compared to industry and market?
TRN volatility
TRN Average Weekly Movement2.0%
Electric Utilities Industry Average Movement3.5%
Market Average Movement4.3%
10% most volatile stocks in IT Market7.8%
10% least volatile stocks in IT Market2.5%

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 (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19626,196Giuseppina 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€15.26b
Earnings (TTM)€1.05b
Revenue (TTM)€3.55b

14.5x

P/E Ratio

4.3x

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€3.55b
Cost of Revenue€636.50m
Gross Profit€2.92b
Other Expenses€1.86b
Earnings€1.05b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.53
Gross Margin82.09%
Net Profit Margin29.65%
Debt/Equity Ratio172.2%

How did TRN perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

67%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:43
End of Day Share Price 2024/12/20 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

Terna S.p.A. is covered by 38 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)
Claudia IntrovigneBanca Leonardo
Virginia Sanz de Madrid GrossBanco Santander