HERA SPA (HER.MI) Stock Fundamental Analysis

BIT:HER • IT0001250932

4.308 EUR
+0.03 (+0.61%)
Last: Feb 13, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

6

Overall HER gets a fundamental rating of 6 out of 10. We evaluated HER against 17 industry peers in the Multi-Utilities industry. HER has only an average score on both its financial health and profitability. HER is valued quite cheap, while showing a decent growth score. This is a good combination! This makes HER very considerable for value investing!


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • HER had positive earnings in the past year.
  • In the past year HER had a positive cash flow from operations.
  • In the past 5 years HER has always been profitable.
  • In the past 5 years HER always reported a positive cash flow from operatings.
HER.MI Yearly Net Income VS EBIT VS OCF VS FCFHER.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M 1B 1.5B

1.2 Ratios

  • With an excellent Return On Assets value of 5.12%, HER belongs to the best of the industry, outperforming 94.44% of the companies in the same industry.
  • HER's Return On Equity of 18.73% is amongst the best of the industry. HER outperforms 88.89% of its industry peers.
  • HER has a Return On Invested Capital of 8.42%. This is amongst the best in the industry. HER outperforms 94.44% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for HER is in line with the industry average of 5.95%.
  • The last Return On Invested Capital (8.42%) for HER is above the 3 year average (5.37%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 5.12%
ROE 18.73%
ROIC 8.42%
ROA(3y)2.57%
ROA(5y)2.56%
ROE(3y)11.26%
ROE(5y)10.89%
ROIC(3y)5.37%
ROIC(5y)5.24%
HER.MI Yearly ROA, ROE, ROICHER.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8 10

1.3 Margins

  • With a Profit Margin value of 3.44%, HER is not doing good in the industry: 77.78% of the companies in the same industry are doing better.
  • In the last couple of years the Profit Margin of HER has declined.
  • HER has a worse Operating Margin (5.83%) than 88.89% of its industry peers.
  • HER's Operating Margin has declined in the last couple of years.
  • HER has a Gross Margin of 43.42%. This is in the better half of the industry: HER outperforms 61.11% of its industry peers.
  • In the last couple of years the Gross Margin of HER has declined.
Industry RankSector Rank
OM 5.83%
PM (TTM) 3.44%
GM 43.42%
OM growth 3Y3.35%
OM growth 5Y-3.88%
PM growth 3Y6.68%
PM growth 5Y-7.22%
GM growth 3Y7.1%
GM growth 5Y-1.88%
HER.MI Yearly Profit, Operating, Gross MarginsHER.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40 50

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ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. Health

2.1 Basic Checks

  • HER has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • HER has about the same amout of shares outstanding than it did 1 year ago.
  • HER has less shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, HER has a worse debt to assets ratio.
HER.MI Yearly Shares OutstandingHER.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B
HER.MI Yearly Total Debt VS Total AssetsHER.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

2.2 Solvency

  • An Altman-Z score of 2.45 indicates that HER is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • With an excellent Altman-Z score value of 2.45, HER belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
  • HER has a debt to FCF ratio of 27.04. This is a negative value and a sign of low solvency as HER would need 27.04 years to pay back of all of its debts.
  • With a decent Debt to FCF ratio value of 27.04, HER is doing good in the industry, outperforming 72.22% of the companies in the same industry.
  • HER has a Debt/Equity ratio of 1.24. This is a high value indicating a heavy dependency on external financing.
  • HER has a Debt to Equity ratio of 1.24. This is in the better half of the industry: HER outperforms 66.67% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.24
Debt/FCF 27.04
Altman-Z 2.45
ROIC/WACC1.52
WACC5.54%
HER.MI Yearly LT Debt VS Equity VS FCFHER.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B 4B

2.3 Liquidity

  • A Current Ratio of 1.19 indicates that HER should not have too much problems paying its short term obligations.
  • With an excellent Current ratio value of 1.19, HER belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.
  • HER has a Quick Ratio of 1.12. This is a normal value and indicates that HER is financially healthy and should not expect problems in meeting its short term obligations.
  • HER has a Quick ratio of 1.12. This is amongst the best in the industry. HER outperforms 94.44% of its industry peers.
Industry RankSector Rank
Current Ratio 1.19
Quick Ratio 1.12
HER.MI Yearly Current Assets VS Current LiabilitesHER.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an nice 17.73% over the past year.
  • HER shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.51% yearly.
  • Looking at the last year, HER shows a quite strong growth in Revenue. The Revenue has grown by 16.42% in the last year.
  • Measured over the past years, HER shows a quite strong growth in Revenue. The Revenue has been growing by 13.27% on average per year.
EPS 1Y (TTM)17.73%
EPS 3Y13.92%
EPS 5Y5.51%
EPS Q2Q%-0.45%
Revenue 1Y (TTM)16.42%
Revenue growth 3Y6.89%
Revenue growth 5Y13.27%
Sales Q2Q%-2.69%

3.2 Future

  • HER is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.65% yearly.
  • The Revenue is expected to decrease by -1.85% on average over the next years.
EPS Next Y7.79%
EPS Next 2Y4.51%
EPS Next 3Y4.54%
EPS Next 5Y2.65%
Revenue Next Year-12.34%
Revenue Next 2Y-5.67%
Revenue Next 3Y-2.84%
Revenue Next 5Y-1.85%

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 decreasing.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
HER.MI Yearly Revenue VS EstimatesHER.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 5B 10B 15B 20B
HER.MI Yearly EPS VS EstimatesHER.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0.1 0.2 0.3

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Find the best growth stocksShow best growing peers

7

4. Valuation

4.1 Price/Earnings Ratio

  • HER is valuated reasonably with a Price/Earnings ratio of 8.62.
  • HER's Price/Earnings ratio is rather cheap when compared to the industry. HER is cheaper than 88.89% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of HER to the average of the S&P500 Index (26.68), we can say HER is valued rather cheaply.
  • The Price/Forward Earnings ratio is 13.11, which indicates a correct valuation of HER.
  • Based on the Price/Forward Earnings ratio, HER is valued cheaply inside the industry as 88.89% of the companies are valued more expensively.
  • When comparing the Price/Forward Earnings ratio of HER to the average of the S&P500 Index (28.06), we can say HER is valued rather cheaply.
Industry RankSector Rank
PE 8.62
Fwd PE 13.11
HER.MI Price Earnings VS Forward Price EarningsHER.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 88.89% of the companies in the same industry are more expensive than HER, based on the Enterprise Value to EBITDA ratio.
  • Based on the Price/Free Cash Flow ratio, HER is valued a bit cheaper than the industry average as 72.22% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 32.59
EV/EBITDA 5.89
HER.MI Per share dataHER.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • HER has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.11
PEG (5Y)1.56
EPS Next 2Y4.51%
EPS Next 3Y4.54%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • HER has a Yearly Dividend Yield of 3.50%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 4.08, HER is paying slightly less dividend.
  • Compared to an average S&P500 Dividend Yield of 1.84, HER pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.5%

5.2 History

  • On average, the dividend of HER grows each year by 9.46%, which is quite nice.
Dividend Growth(5Y)9.46%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • HER pays out 36.07% of its income as dividend. This is a sustainable payout ratio.
  • The dividend of HER is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP36.07%
EPS Next 2Y4.51%
EPS Next 3Y4.54%
HER.MI Yearly Income VS Free CF VS DividendHER.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M
HER.MI Dividend Payout.HER.MI Dividend Payout, showing the Payout Ratio.HER.MI Dividend Payout.PayoutRetained Earnings

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HERA SPA

BIT:HER (2/13/2026, 7:00:00 PM)

4.308

+0.03 (+0.61%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)11-12
Earnings (Next)03-25
Inst Owners22.33%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap6.42B
Revenue(TTM)21.04B
Net Income(TTM)724.50M
Analysts82
Price Target4.61 (7.01%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.5%
Yearly Dividend0.17
Dividend Growth(5Y)9.46%
DP36.07%
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)2.26%
PT rev (3m)8.13%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0.94%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.99%
Valuation
Industry RankSector Rank
PE 8.62
Fwd PE 13.11
P/S 0.3
P/FCF 32.59
P/OCF 5.52
P/B 1.66
P/tB N/A
EV/EBITDA 5.89
EPS(TTM)0.5
EY11.61%
EPS(NY)0.33
Fwd EY7.63%
FCF(TTM)0.13
FCFY3.07%
OCF(TTM)0.78
OCFY18.12%
SpS14.13
BVpS2.6
TBVpS-1.49
PEG (NY)1.11
PEG (5Y)1.56
Graham Number5.4
Profitability
Industry RankSector Rank
ROA 5.12%
ROE 18.73%
ROCE 12.4%
ROIC 8.42%
ROICexc 9.39%
ROICexgc 29.89%
OM 5.83%
PM (TTM) 3.44%
GM 43.42%
FCFM 0.94%
ROA(3y)2.57%
ROA(5y)2.56%
ROE(3y)11.26%
ROE(5y)10.89%
ROIC(3y)5.37%
ROIC(5y)5.24%
ROICexc(3y)6.37%
ROICexc(5y)6.12%
ROICexgc(3y)22.48%
ROICexgc(5y)21.02%
ROCE(3y)8.03%
ROCE(5y)7.84%
ROICexgc growth 3Y12.09%
ROICexgc growth 5Y12.87%
ROICexc growth 3Y6.53%
ROICexc growth 5Y6.34%
OM growth 3Y3.35%
OM growth 5Y-3.88%
PM growth 3Y6.68%
PM growth 5Y-7.22%
GM growth 3Y7.1%
GM growth 5Y-1.88%
F-Score6
Asset Turnover1.49
Health
Industry RankSector Rank
Debt/Equity 1.24
Debt/FCF 27.04
Debt/EBITDA 2.65
Cap/Depr 166.28%
Cap/Sales 4.59%
Interest Coverage 6.5
Cash Conversion 64.34%
Profit Quality 27.18%
Current Ratio 1.19
Quick Ratio 1.12
Altman-Z 2.45
F-Score6
WACC5.54%
ROIC/WACC1.52
Cap/Depr(3y)151.99%
Cap/Depr(5y)138.41%
Cap/Sales(3y)5.23%
Cap/Sales(5y)5.68%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)17.73%
EPS 3Y13.92%
EPS 5Y5.51%
EPS Q2Q%-0.45%
EPS Next Y7.79%
EPS Next 2Y4.51%
EPS Next 3Y4.54%
EPS Next 5Y2.65%
Revenue 1Y (TTM)16.42%
Revenue growth 3Y6.89%
Revenue growth 5Y13.27%
Sales Q2Q%-2.69%
Revenue Next Year-12.34%
Revenue Next 2Y-5.67%
Revenue Next 3Y-2.84%
Revenue Next 5Y-1.85%
EBIT growth 1Y5.53%
EBIT growth 3Y10.46%
EBIT growth 5Y8.88%
EBIT Next Year91.39%
EBIT Next 3Y26.89%
EBIT Next 5Y15.8%
FCF growth 1Y-67.41%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-14.75%
OCF growth 3Y-6.56%
OCF growth 5Y3.17%

HERA SPA / HER.MI FAQ

What is the ChartMill fundamental rating of HERA SPA (HER.MI) stock?

ChartMill assigns a fundamental rating of 6 / 10 to HER.MI.


What is the valuation status for HER stock?

ChartMill assigns a valuation rating of 7 / 10 to HERA SPA (HER.MI). This can be considered as Undervalued.


How profitable is HERA SPA (HER.MI) stock?

HERA SPA (HER.MI) has a profitability rating of 6 / 10.


Can you provide the financial health for HER stock?

The financial health rating of HERA SPA (HER.MI) is 6 / 10.


Is the dividend of HERA SPA sustainable?

The dividend rating of HERA SPA (HER.MI) is 5 / 10 and the dividend payout ratio is 36.07%.