TERR.F Stock Overview

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

TERR.F fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	5/6
Financial Health	2/6
Dividends	4/6

Rewards

Price-To-Earnings ratio (14.5x) is below the US market (18.2x)

Earnings grew by 14.9% over the past year

Risk Analysis

Debt is not well covered by operating cash flow

Shares are highly illiquid

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

My Notes

Capture your thoughts, links and company narrative

Terna S.p.A. Competitors

Alliant Energy

NasdaqGS:LNT

US$15.3b

Evergy

NasdaqGS:EVRG

US$14.9b

PPL

NYSE:PPL

US$25.0b

Edison International

NYSE:EIX

US$20.3b

Price History & Performance

Summary of share price highs, lows and changes for Terna
Historical stock prices
Current Share Price	€8.50
52 Week High	€9.00
52 Week Low	€7.47
Beta	0.52
1 Month Change	0%
3 Month Change	n/a
1 Year Change	0.23%
3 Year Change	n/a
5 Year Change	29.77%
Change since IPO	277.78%

Recent updates

Shareholder Returns

	TERR.F	US Electric Utilities	US Market
7D	0%	0.2%	0.2%
1Y	0.2%	30.7%	22.0%

Return vs Industry: TERR.F underperformed the US Electric Utilities industry which returned 17.2% over the past year.

Return vs Market: TERR.F underperformed the US Market which returned 21.3% over the past year.

Price Volatility

Is TERR.F's price volatile compared to industry and market?
TERR.F volatility
TERR.F Average Weekly Movement	n/a
Electric Utilities Industry Average Movement	2.9%
Market Average Movement	6.1%
10% most volatile stocks in US Market	18.6%
10% least volatile stocks in US Market	3.1%

Stable Share Price: TERR.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine TERR.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1962	6,196	Giuseppina Di Foggia	www.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?
TERR.F fundamental statistics
Market cap	US$15.65b
Earnings (TTM)	US$1.08b
Revenue (TTM)	US$3.64b

14.5x

P/E Ratio

4.3x

P/S Ratio

Is TERR.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TERR.F 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 Margin	82.09%
Net Profit Margin	29.65%
Debt/Equity Ratio	172.2%

How did TERR.F 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

Data	Last Updated (UTC time)
Company Analysis	2025/01/11 16:18
End of Day Share Price	2024/10/14 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 36 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.

Analyst	Institution
Francesco Sala	Banca Akros S.p.A. (ESN)
Claudia Introvigne	Banca Leonardo
Virginia Sanz de Madrid Gross	Banco Santander