ASCOPIAVE SPA (ASC.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:ASC - IT0004093263 - Common Stock
3.29 EUR
+0.03 (+0.92%)
We assign a fundamental rating of 5 out of 10 to ASC. ASC was compared to 4 industry peers in the Gas Utilities industry. ASC has a medium profitability rating, but doesn't score so well on its financial health evaluation. ASC is growing strongly while it is still valued neutral. This is a good 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.
ASC had positive earnings in each of the past 5 years.
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 50.00% of the companies in the same industry.
The Return On Equity of ASC (9.58%) is worse than 75.00% 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 75.00% of its industry peers.
ASC had an Average Return On Invested Capital over the past 3 years of 2.44%. This is below the industry average of 6.63%.
The last Return On Invested Capital (3.57%) for ASC is above the 3 year average (2.44%), which is a sign of increasing profitability.
| 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 has a Profit Margin of 35.47%. This is in the better half of the industry: ASC outperforms 75.00% of its industry peers.
ASC's Profit Margin has declined in the last couple of years.
ASC has a Operating Margin of 26.94%. This is comparable to the rest of the industry: ASC outperforms 50.00% of its industry peers.
ASC's Operating Margin has improved in the last couple of years.
ASC's Gross Margin of 94.46% is amongst the best of the industry. ASC outperforms 100.00% of its industry peers.
In the last couple of years the Gross Margin of ASC has remained more or less at the same level.
| 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
ASC has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, ASC has about the same amount of shares outstanding.
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 1.33. 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 1.33, ASC is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
ASC has a Debt/Equity ratio of 0.57. This is a neutral value indicating ASC is somewhat dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.57, ASC belongs to the best of the industry, outperforming 100.00% 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
WACC6.62%
2.3 Liquidity
A Current Ratio of 0.81 indicates that ASC may have some problems paying its short term obligations.
ASC's Current ratio of 0.81 is in line compared to the rest of the industry. ASC outperforms 50.00% of its industry peers.
ASC has a Quick 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 Quick ratio value of 0.76, ASC perfoms like the industry average, outperforming 50.00% 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.
ASC shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -40.36% yearly.
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
The Earnings Per Share is expected to grow by 11.32% on average over the next years. This is quite good.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
A Price/Earnings ratio of 8.22 indicates a reasonable 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.
Compared to an average S&P500 Price/Earnings ratio of 25.98, ASC is valued rather cheaply.
With a Price/Forward Earnings ratio of 18.10, ASC is valued on the expensive side.
Based on the Price/Forward Earnings ratio, ASC is valued a bit more expensive than 75.00% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ASC to the average of the S&P500 Index (35.79), we can say ASC is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.23 | ||
| Fwd PE | 18.1 |
4.2 Price Multiples
ASC's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. ASC is more expensive than 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.41 |
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 4.53%, which is a nice return.
Compared to an average industry Dividend Yield of 5.05, ASC has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, ASC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.53% |
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
37.74% of the earnings are spent on dividend by ASC. This is a low number and sustainable payout ratio.
DP37.74%
EPS Next 2Y11.42%
EPS Next 3Y11.32%
BIT:ASC (11/26/2025, 5:20:02 PM)
3.29
+0.03 (+0.92%)
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 Cap771.21M
Revenue(TTM)242.53M
Net Income(TTM)86.02M
Analysts77.14
Price Target3.84 (16.72%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.53% |
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)5.61%
PT rev (3m)5.61%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-19.01%
EPS NY rev (3m)-20.14%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.23 | ||
| Fwd PE | 18.1 | ||
| P/S | 3.18 | ||
| P/FCF | N/A | ||
| P/OCF | 6.94 | ||
| P/B | 0.86 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.41 |
EPS(TTM)0.4
EY12.16%
EPS(NY)0.18
Fwd EY5.53%
FCF(TTM)-1.81
FCFYN/A
OCF(TTM)0.47
OCFY14.42%
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 | 1.33 |
F-Score5
WACC6.62%
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 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 8.23 and the Price/Book (PB) ratio is 0.86.
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.