ASCOPIAVE SPA (ASC.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:ASC - IT0004093263 - Common Stock
3.27 EUR
-0.01 (-0.3%)
We assign a fundamental rating of 5 out of 10 to ASC. ASC was compared to 5 industry peers in the Gas Utilities industry. There are concerns on the financial health of ASC while its profitability can be described as average. ASC is not priced too expensively while it is growing strongly. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
ASC had positive earnings in the past year.
In the past year ASC had a positive cash flow from operations.
In the past 5 years ASC has always been profitable.
In the past 5 years ASC always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 4.90%, ASC perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
The Return On Equity of ASC (9.58%) is worse than 60.00% of its industry peers.
With a Return On Invested Capital value of 3.57%, ASC is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
ASC had an Average Return On Invested Capital over the past 3 years of 2.44%. This is below the industry average of 6.27%.
The 3 year average ROIC (2.44%) for ASC is below the current ROIC(3.57%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.9% | ||
| ROE | 9.58% | ||
| ROIC | 3.57% |
ROA(3y)2.31%
ROA(5y)2.91%
ROE(3y)4.09%
ROE(5y)4.87%
ROIC(3y)2.44%
ROIC(5y)2.43%
1.3 Margins
ASC's Profit Margin of 35.47% is fine compared to the rest of the industry. ASC outperforms 80.00% of its industry peers.
ASC's Profit Margin has declined in the last couple of years.
ASC has a Operating Margin (26.94%) which is in line with its industry peers.
In the last couple of years the Operating Margin of ASC has grown nicely.
ASC has a Gross Margin of 94.46%. This is amongst the best in the industry. ASC outperforms 100.00% of its industry peers.
ASC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.94% | ||
| PM (TTM) | 35.47% | ||
| GM | 94.46% |
OM growth 3Y-1.51%
OM growth 5Y6.84%
PM growth 3Y-19.1%
PM growth 5Y-46.2%
GM growth 3Y-2.25%
GM growth 5Y-1.44%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ASC is destroying value.
The number of shares outstanding for ASC remains at a similar level compared to 1 year ago.
ASC has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, ASC has an improved debt to assets ratio.
2.2 Solvency
ASC has an Altman-Z score of 1.33. This is a bad value and indicates that ASC is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of ASC (1.33) is comparable to the rest of the industry.
ASC has a Debt/Equity ratio of 0.57. This is a neutral value indicating ASC is somewhat dependend on debt financing.
With a decent Debt to Equity ratio value of 0.57, ASC is doing good in the industry, outperforming 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.33 |
ROIC/WACC0.54
WACC6.63%
2.3 Liquidity
ASC has a Current Ratio of 0.81. This is a bad value and indicates that ASC is not financially healthy enough and could expect problems in meeting its short term obligations.
ASC has a Current ratio of 0.81. This is in the lower half of the industry: ASC underperforms 60.00% of its industry peers.
A Quick Ratio of 0.76 indicates that ASC may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.76, ASC is doing worse than 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
ASC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 75.86%, which is quite impressive.
Measured over the past years, ASC shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -40.36% on average per year.
Looking at the last year, ASC shows a very strong growth in Revenue. The Revenue has grown by 20.11%.
ASC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.02% yearly.
EPS 1Y (TTM)75.86%
EPS 3Y-7.42%
EPS 5Y-40.36%
EPS Q2Q%37.09%
Revenue 1Y (TTM)20.11%
Revenue growth 3Y14.28%
Revenue growth 5Y10.02%
Sales Q2Q%60.87%
3.2 Future
ASC is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.43% yearly.
ASC is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.04% yearly.
EPS Next Y24.14%
EPS Next 2Y10.38%
EPS Next 3Y9.43%
EPS Next 5YN/A
Revenue Next Year29.22%
Revenue Next 2Y16.65%
Revenue Next 3Y13.11%
Revenue Next 5Y9.04%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 8.17, which indicates a very decent valuation of ASC.
ASC's Price/Earnings ratio is rather cheap when compared to the industry. ASC is cheaper than 100.00% of the companies in the same industry.
ASC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.92.
A Price/Forward Earnings ratio of 18.33 indicates a rather expensive valuation of ASC.
Based on the Price/Forward Earnings ratio, ASC is valued a bit more expensive than the industry average as 60.00% of the companies are valued more cheaply.
ASC's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.17 | ||
| Fwd PE | 18.33 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ASC is valued expensively inside the industry as 80.00% of the companies are valued cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.43 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.34
PEG (5Y)N/A
EPS Next 2Y10.38%
EPS Next 3Y9.43%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.59%, ASC is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.58, ASC has a dividend in line with its industry peers.
ASC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.59% |
5.2 History
The dividend of ASC decreases each year by -16.09%.
Dividend Growth(5Y)-16.09%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
ASC pays out 37.74% of its income as dividend. This is a sustainable payout ratio.
DP37.74%
EPS Next 2Y10.38%
EPS Next 3Y9.43%
BIT:ASC (12/23/2025, 7:00:00 PM)
3.27
-0.01 (-0.3%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners3.76%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap766.52M
Revenue(TTM)242.53M
Net Income(TTM)86.02M
Analysts77.14
Price Target3.84 (17.43%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.59% |
Yearly Dividend0.14
Dividend Growth(5Y)-16.09%
DP37.74%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)5.61%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-6.09%
EPS NY rev (3m)-23.94%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)7.02%
Revenue NY rev (3m)7.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.17 | ||
| Fwd PE | 18.33 | ||
| P/S | 3.16 | ||
| P/FCF | N/A | ||
| P/OCF | 6.89 | ||
| P/B | 0.85 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.43 |
EPS(TTM)0.4
EY12.23%
EPS(NY)0.18
Fwd EY5.46%
FCF(TTM)-1.81
FCFYN/A
OCF(TTM)0.47
OCFY14.51%
SpS1.03
BVpS3.83
TBVpS-1.49
PEG (NY)0.34
PEG (5Y)N/A
Graham Number5.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.9% | ||
| ROE | 9.58% | ||
| ROCE | 4.41% | ||
| ROIC | 3.57% | ||
| ROICexc | 3.63% | ||
| ROICexgc | 25.23% | ||
| OM | 26.94% | ||
| PM (TTM) | 35.47% | ||
| GM | 94.46% | ||
| FCFM | N/A |
ROA(3y)2.31%
ROA(5y)2.91%
ROE(3y)4.09%
ROE(5y)4.87%
ROIC(3y)2.44%
ROIC(5y)2.43%
ROICexc(3y)2.57%
ROICexc(5y)2.57%
ROICexgc(3y)7.7%
ROICexgc(5y)7.29%
ROCE(3y)3.01%
ROCE(5y)2.99%
ROICexgc growth 3Y8.89%
ROICexgc growth 5Y15.04%
ROICexc growth 3Y6.65%
ROICexc growth 5Y13.01%
OM growth 3Y-1.51%
OM growth 5Y6.84%
PM growth 3Y-19.1%
PM growth 5Y-46.2%
GM growth 3Y-2.25%
GM growth 5Y-1.44%
F-Score5
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.18 | ||
| Cap/Depr | 935.24% | ||
| Cap/Sales | 220.8% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 90.7% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.76 | ||
| Altman-Z | 1.33 |
F-Score5
WACC6.63%
ROIC/WACC0.54
Cap/Depr(3y)175.72%
Cap/Depr(5y)164.03%
Cap/Sales(3y)48.72%
Cap/Sales(5y)42.49%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)75.86%
EPS 3Y-7.42%
EPS 5Y-40.36%
EPS Q2Q%37.09%
EPS Next Y24.14%
EPS Next 2Y10.38%
EPS Next 3Y9.43%
EPS Next 5YN/A
Revenue 1Y (TTM)20.11%
Revenue growth 3Y14.28%
Revenue growth 5Y10.02%
Sales Q2Q%60.87%
Revenue Next Year29.22%
Revenue Next 2Y16.65%
Revenue Next 3Y13.11%
Revenue Next 5Y9.04%
EBIT growth 1Y0.52%
EBIT growth 3Y12.55%
EBIT growth 5Y17.55%
EBIT Next Year224.33%
EBIT Next 3Y52.41%
EBIT Next 5Y39.11%
FCF growth 1Y-482.97%
FCF growth 3Y-12.35%
FCF growth 5YN/A
OCF growth 1Y396.08%
OCF growth 3Y6.94%
OCF growth 5Y31.62%
ASCOPIAVE SPA / ASC.MI FAQ
Can you provide the ChartMill fundamental rating for ASCOPIAVE SPA?
ChartMill assigns a fundamental rating of 5 / 10 to ASC.MI.
What is the valuation status of ASCOPIAVE SPA (ASC.MI) stock?
ChartMill assigns a valuation rating of 4 / 10 to ASCOPIAVE SPA (ASC.MI). This can be considered as Fairly Valued.
What is the profitability of ASC stock?
ASCOPIAVE SPA (ASC.MI) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for ASC stock?
The Price/Earnings (PE) ratio for ASCOPIAVE SPA (ASC.MI) is 8.17 and the Price/Book (PB) ratio is 0.85.
Can you provide the expected EPS growth for ASC stock?
The Earnings per Share (EPS) of ASCOPIAVE SPA (ASC.MI) is expected to grow by 24.14% in the next year.