HERA SPA (HER.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:HER - IT0001250932 - Common Stock
4.208 EUR
-0.04 (-0.85%)
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 has a decent growth rate and is not valued too expensively.
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.
- Each year in the past 5 years HER has been profitable.
- Each year in the past 5 years HER had a positive operating cash flow.
1.2 Ratios
- HER's Return On Assets of 5.12% is amongst the best of the industry. HER outperforms 94.12% of its industry peers.
- The Return On Equity of HER (18.73%) is better than 88.24% of its industry peers.
- HER has a Return On Invested Capital of 8.42%. This is amongst the best in the industry. HER outperforms 94.12% of its industry peers.
- HER had an Average Return On Invested Capital over the past 3 years of 5.37%. This is in line with the industry average of 6.01%.
- The 3 year average ROIC (5.37%) for HER is below the current ROIC(8.42%), indicating increased profibility in the last year.
| Industry Rank | Sector 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%
1.3 Margins
- HER's Profit Margin of 3.44% is on the low side compared to the rest of the industry. HER is outperformed by 76.47% of its industry peers.
- HER's Profit Margin has declined in the last couple of years.
- HER has a worse Operating Margin (5.83%) than 88.24% of its industry peers.
- HER's Operating Margin has declined in the last couple of years.
- Looking at the Gross Margin, with a value of 43.42%, HER is in line with its industry, outperforming 58.82% of the companies in the same industry.
- In the last couple of years the Gross Margin of HER has declined.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), HER is creating some value.
- Compared to 1 year ago, HER has about the same amount of shares outstanding.
- HER has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, HER has a worse debt to assets ratio.
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.
- HER has a Altman-Z score of 2.45. This is amongst the best in the industry. HER outperforms 100.00% of its industry peers.
- The Debt to FCF ratio of HER is 27.04, which is on the high side as it means it would take HER, 27.04 years of fcf income to pay off all of its debts.
- HER has a better Debt to FCF ratio (27.04) than 70.59% of its industry peers.
- HER has a Debt/Equity ratio of 1.24. This is a high value indicating a heavy dependency on external financing.
- HER has a better Debt to Equity ratio (1.24) than 70.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.24 | ||
| Debt/FCF | 27.04 | ||
| Altman-Z | 2.45 |
ROIC/WACC1.53
WACC5.52%
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 94.12% of the companies in the same industry.
- A Quick Ratio of 1.12 indicates that HER should not have too much problems paying its short term obligations.
- HER's Quick ratio of 1.12 is amongst the best of the industry. HER outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.19 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
- HER shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 17.73%, which is quite good.
- The Earnings Per Share has been growing slightly by 5.51% on average over the past years.
- The Revenue has grown by 16.42% in the past year. This is quite good.
- 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 3.26% yearly.
- The Revenue is expected to decrease by -1.84% on average over the next years.
EPS Next Y7.79%
EPS Next 2Y4.51%
EPS Next 3Y4.54%
EPS Next 5Y3.26%
Revenue Next Year-12.34%
Revenue Next 2Y-5.67%
Revenue Next 3Y-2.84%
Revenue Next 5Y-1.84%
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.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 8.42, which indicates a very decent valuation of HER.
- Based on the Price/Earnings ratio, HER is valued cheaply inside the industry as 82.35% of the companies are valued more expensively.
- HER's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.38.
- HER is valuated correctly with a Price/Forward Earnings ratio of 12.81.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of HER is on the same level as its industry peers.
- HER is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.29, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.42 | ||
| Fwd PE | 12.81 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, HER is valued a bit cheaper than 64.71% of the companies in the same industry.
- HER's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. HER is cheaper than 70.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.83 | ||
| EV/EBITDA | 5.84 |
4.3 Compensation for Growth
- HER's 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)1.08
PEG (5Y)1.53
EPS Next 2Y4.51%
EPS Next 3Y4.54%
5. Dividend
5.1 Amount
- HER has a Yearly Dividend Yield of 3.59%. Purely for dividend investing, there may be better candidates out there.
- HER's Dividend Yield is slightly below the industry average, which is at 4.55.
- Compared to an average S&P500 Dividend Yield of 1.84, HER pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.59% |
5.2 History
- The dividend of HER is nicely growing with an annual growth rate of 9.46%!
Dividend Growth(5Y)9.46%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 36.07% of the earnings are spent on dividend by HER. This is a low number and sustainable payout ratio.
- HER's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP36.07%
EPS Next 2Y4.51%
EPS Next 3Y4.54%
BIT:HER (1/20/2026, 1:40:14 PM)
4.208
-0.04 (-0.85%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)11-12 2025-11-12
Earnings (Next)03-24 2026-03-24/amc
Inst Owners22.33%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap6.27B
Revenue(TTM)21.04B
Net Income(TTM)724.50M
Analysts80
Price Target4.51 (7.18%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.59% |
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)0%
PT rev (3m)5.74%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.23%
EPS NY rev (3m)1.16%
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.42 | ||
| Fwd PE | 12.81 | ||
| P/S | 0.3 | ||
| P/FCF | 31.83 | ||
| P/OCF | 5.39 | ||
| P/B | 1.62 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.84 |
EPS(TTM)0.5
EY11.88%
EPS(NY)0.33
Fwd EY7.81%
FCF(TTM)0.13
FCFY3.14%
OCF(TTM)0.78
OCFY18.55%
SpS14.13
BVpS2.6
TBVpS-1.49
PEG (NY)1.08
PEG (5Y)1.53
Graham Number5.4
Profitability
| Industry Rank | Sector 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 Rank | Sector 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
WACC5.52%
ROIC/WACC1.53
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 5Y3.26%
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-1.84%
EBIT growth 1Y5.53%
EBIT growth 3Y10.46%
EBIT growth 5Y8.88%
EBIT Next Year91.39%
EBIT Next 3Y26.89%
EBIT Next 5Y20.14%
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 6 / 10 to HERA SPA (HER.MI). This can be considered as Fairly Valued.
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%.