ASCOPIAVE SPA (ASC.MI) Stock Fundamental Analysis
Europe - BIT:ASC - IT0004093263 - Common Stock
3.33 EUR
+0.01 (+0.3%)
ASC gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 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 overvalued while it is showing excellent growth. This is an interesting combination.
1. Profitability
1.1 Basic Checks
ASC had positive earnings in the past year.
ASC had a positive operating cash flow in the past year.
In the past 5 years ASC has always been profitable.
ASC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.90%, ASC is in line with its industry, outperforming 60.00% of the companies in the same industry.
ASC has a Return On Equity of 9.58%. This is in the lower half of the industry: ASC underperforms 60.00% of its industry peers.
ASC's Return On Invested Capital of 3.57% is on the low side compared to the rest of the industry. ASC is outperformed by 80.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ASC is below the industry average of 6.44%.
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
With a decent Profit Margin value of 35.47%, ASC is doing good in the industry, outperforming 80.00% of the companies in the same industry.
ASC's Profit Margin has declined in the last couple of years.
ASC has a Operating Margin (26.94%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of ASC has grown nicely.
ASC's Gross Margin of 94.46% is amongst the best of 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ASC is destroying value.
ASC has about the same amout of shares outstanding than it did 1 year ago.
ASC has less shares outstanding than it did 5 years ago.
The debt/assets ratio for ASC has been reduced compared to a year ago.
2.2 Solvency
ASC has an Altman-Z score of 1.34. This is a bad value and indicates that ASC is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.34, ASC is in line with its industry, outperforming 60.00% of the companies in the same industry.
A Debt/Equity ratio of 0.57 indicates that 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 | 1.34 |
ROIC/WACC0.53
WACC6.71%
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.
With a Current ratio value of 0.81, ASC is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
A Quick Ratio of 0.76 indicates that ASC may have some problems paying its short term obligations.
With a Quick ratio value of 0.76, ASC is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
| 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.
ASC shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -40.36% yearly.
The Revenue has grown by 20.11% in the past year. This is a very strong growth!
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 11.32% yearly.
Based on estimates for the next years, ASC will show a quite strong growth in Revenue. The Revenue will grow by 8.60% on average per year.
EPS Next Y32.19%
EPS Next 2Y11.42%
EPS Next 3Y11.32%
EPS Next 5YN/A
Revenue Next Year20.74%
Revenue Next 2Y16.48%
Revenue Next 3Y13.16%
Revenue Next 5Y8.6%
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
With a Price/Earnings ratio of 8.32, the valuation of ASC can be described as very reasonable.
Based on the Price/Earnings ratio, ASC is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
ASC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.51.
With a Price/Forward Earnings ratio of 18.32, ASC is valued on the expensive side.
Based on the Price/Forward Earnings ratio, ASC is valued a bit more expensive than 60.00% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.98, ASC is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.32 | ||
| Fwd PE | 18.32 |
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 | 11.53 |
4.3 Compensation for Growth
ASC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.26
PEG (5Y)N/A
EPS Next 2Y11.42%
EPS Next 3Y11.32%
5. Dividend
5.1 Amount
ASC has a Yearly Dividend Yield of 4.51%, which is a nice return.
Compared to an average industry Dividend Yield of 4.82, ASC has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, ASC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.51% |
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 2Y11.42%
EPS Next 3Y11.32%
BIT:ASC (11/18/2025, 7:00:00 PM)
3.33
+0.01 (+0.3%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners3.87%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap780.59M
Revenue(TTM)242.53M
Net Income(TTM)86.02M
Analysts77.14
Price Target3.64 (9.31%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.51% |
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)0.95%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-19.01%
EPS NY rev (3m)-21.77%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.89%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.32 | ||
| Fwd PE | 18.32 | ||
| P/S | 3.22 | ||
| P/FCF | N/A | ||
| P/OCF | 7.02 | ||
| P/B | 0.87 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.53 |
EPS(TTM)0.4
EY12.01%
EPS(NY)0.18
Fwd EY5.46%
FCF(TTM)-1.81
FCFYN/A
OCF(TTM)0.47
OCFY14.25%
SpS1.03
BVpS3.83
TBVpS-1.49
PEG (NY)0.26
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 | 1.34 |
F-Score5
WACC6.71%
ROIC/WACC0.53
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 Y32.19%
EPS Next 2Y11.42%
EPS Next 3Y11.32%
EPS Next 5YN/A
Revenue 1Y (TTM)20.11%
Revenue growth 3Y14.28%
Revenue growth 5Y10.02%
Sales Q2Q%60.87%
Revenue Next Year20.74%
Revenue Next 2Y16.48%
Revenue Next 3Y13.16%
Revenue Next 5Y8.6%
EBIT growth 1Y0.52%
EBIT growth 3Y12.55%
EBIT growth 5Y17.55%
EBIT Next Year204.46%
EBIT Next 3Y51.66%
EBIT Next 5Y38.19%
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 8.32 and the Price/Book (PB) ratio is 0.87.
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 32.19% in the next year.