SNAM S.P.A.

SRG
Real-time Estimate Quote. Real-time Estimate  - 05/18 04:00:00 pm
5.409EUR +0.32%
Valuation
Fiscal Period: December 2021 2022
Capitalization1 17 33217 867
Enterprise Value (EV)1 31 35332 630
P/E ratio 11,8x16,2x
Yield 4,94%5,08%
Capitalization / Revenue 5,26x5,79x
EV / Revenue 9,51x10,6x
EV / EBITDA 13,9x15,1x
Price to Book 2,41x2,48x
Nbr of stocks (in thousands) 3 270 2163 272 302
Reference price (EUR) 5,305,46
Announcement Date 03/17/2022-
Previous period Next period
1 EUR in Million
Estimates
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: December 2021 2022
Net sales1 3 2973 084
EBITDA1 2 2502 156
Operating profit (EBIT)1 1 4301 311
Operating Margin 43,4%42,5%
Pre-Tax Profit (EBT)1 1 6151 450
Net income1 1 4961 113
Net margin 45,4%36,1%
EPS2 0,450,34
Dividend per Share2 0,260,28
Announcement Date 03/17/2022-
Previous period Next period
1 EUR in Million
2 EUR
Estimates
Finances - Leverage
Fiscal Period: December 2021 2022
Net Debt1 14 02114 763
Net Cash position1 --
Leverage (Debt / EBITDA) 6,23x6,85x
Free Cash Flow1 94,090,7
ROE (Net Profit / Equities) 17,8%15,1%
Shareholders' equity1 8 3967 360
ROA (Net Profit / Asset) 4,61%4,00%
Assets1 32 44827 829
Book Value Per Share2 2,202,20
Cash Flow per Share2 0,400,56
Capex1 1 2441 569
Capex / Sales 37,7%50,9%
Announcement Date 03/17/2022-
Previous period Next period
1 EUR in Million
2 EUR
Estimates
Financial Ratios
Size 2022e 2023e
Capitalization 17 867 M € -
Enterprise Value (EV) 32 630 M € 33 035 M €
Valuation 2022e 2023e
P/E ratio (Price / EPS) 16,2x 15,9x
Capitalization / Revenue 5,79x 5,54x
EV / Revenue 10,6x 10,1x
EV / EBITDA 15,1x 14,3x
Yield (DPS / Price) 5,08% 5,14%
Price to book (Price / BVPS) 2,48x 2,45x
Profitability 2022e 2023e
Operating Margin (EBIT / Sales) 42,5% 42,7%
Operating Leverage (Delta EBIT / Delta Sales) -1,29x 1,12x
Net Margin (Net Profit / Revenue) 36,1% 35,4%
ROA (Net Profit / Asset) 4,00% 4,13%
ROE (Net Profit / Equities) 15,1% 15,3%
Rate of Dividend 82,5% 81,8%
Balance Sheet Analysis 2022e 2023e
CAPEX / Sales   50,9% 50,4%
Cash Flow / CA 59,7% 62,0%
Capital Intensity (Assets / Revenue) 9,02x 8,57x
Financial Leverage (Net Debt / EBITDA) 6,85x 6,64x
Price Earning Ratio
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
EPS & Dividend