Hera SpA
MIL:HER
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
Johnson & Johnson
NYSE:JNJ
|
US |
|
Berkshire Hathaway Inc
NYSE:BRK.A
|
US |
|
Bank of America Corp
NYSE:BAC
|
US |
|
Mastercard Inc
NYSE:MA
|
US |
|
UnitedHealth Group Inc
NYSE:UNH
|
US |
|
Exxon Mobil Corp
NYSE:XOM
|
US |
|
Pfizer Inc
NYSE:PFE
|
US |
|
Nike Inc
NYSE:NKE
|
US |
|
Visa Inc
NYSE:V
|
US |
|
Alibaba Group Holding Ltd
NYSE:BABA
|
CN |
|
JPMorgan Chase & Co
NYSE:JPM
|
US |
|
Coca-Cola Co
NYSE:KO
|
US |
|
Verizon Communications Inc
NYSE:VZ
|
US |
|
Chevron Corp
NYSE:CVX
|
US |
|
Walt Disney Co
NYSE:DIS
|
US |
|
PayPal Holdings Inc
NASDAQ:PYPL
|
US |
EV/EBITDA
Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Valuation Scenarios
If EV/EBITDA returns to its 3-Year Average (5.4), the stock would be worth €3.18 (23% downside from current price).
| Scenario | EV/EBITDA Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 6.9 | €4.11 |
0%
|
| 3-Year Average | 5.4 | €3.18 |
-23%
|
| 5-Year Average | 6.8 | €4.04 |
-2%
|
| Industry Average | 5.7 | €3.39 |
-17%
|
| Country Average | 7.6 | €4.49 |
+9%
|
Forward EV/EBITDA
Today’s price vs future ebitda
| Today's Enterprise Value | EBITDA | Forward EV/EBITDA | ||
|---|---|---|---|---|
|
€9.8B
|
/ |
Jan 2026
€1.4B
|
= |
|
|
€9.8B
|
/ |
Dec 2026
€1.6B
|
= |
|
|
€9.8B
|
/ |
Dec 2027
€1.6B
|
= |
|
|
€9.8B
|
/ |
Dec 2028
€1.7B
|
= |
|
Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.
Peer Comparison
| Market Cap | EV/EBITDA | P/E | ||||
|---|---|---|---|---|---|---|
| IT |
|
Hera SpA
MIL:HER
|
6.1B EUR | 6.9 | 13.2 | |
| UK |
|
National Grid PLC
LSE:NG
|
63.2B GBP | 13.2 | 21.9 | |
| FR |
|
Engie SA
PAR:ENGI
|
69.2B EUR | 7.7 | 19.4 | |
| US |
|
Sempra Energy
NYSE:SRE
|
60.3B USD | 16.6 | 33.6 | |
| DE |
|
E.ON SE
XETRA:EOAN
|
49.9B EUR | 7.6 | 28.8 | |
| US |
|
Dominion Energy Inc
NYSE:D
|
53.6B USD | 13.1 | 18.1 | |
| US |
S
|
Sempra
VSE:SREN
|
43.4B EUR | 14.7 | 27.8 | |
| DE |
|
RWE AG
XETRA:RWE
|
42.9B EUR | 11.2 | 13.7 | |
| US |
|
Public Service Enterprise Group Inc
NYSE:PEG
|
39.1B USD | 14 | 18.5 | |
| US |
|
Consolidated Edison Inc
NYSE:ED
|
39B USD | 12.4 | 19.3 | |
| US |
|
WEC Energy Group Inc
NYSE:WEC
|
36.9B USD | 15 | 23.7 |
Market Distribution
| Min | 0.7 |
| 30th Percentile | 5.2 |
| Median | 7.6 |
| 70th Percentile | 10.8 |
| Max | 3 328.6 |
Other Multiples
Hera SpA
Glance View
Hera S.p.A., founded in 2002 through the merger of 11 different companies, stands as a testament to the power of strategic synergy in Italy’s utilities sector. Based in Bologna, Hera has carved out its niche by integrating a diverse range of essential services that power everyday life. The company has developed a robust business model revolving around multi-utility services, managing an impressive portfolio that includes energy, water, and environmental services. By overseeing every stage of the supply chain—from production and distribution to retail—the company leverages economies of scale and an efficient network infrastructure. As a cornerstone of its operational ethos, Hera has committed to sustainable innovation, channeling investments into renewable energy projects and advanced waste management systems. The company generates revenue by serving millions of customers across several regions in Italy, offering reliable services that are both necessary and recurrent. Hera’s strategy hinges on long-term contracts and regulated tariffs, ensuring stable cash flows. With ongoing expansions and acquisitions, Hera not only enhances its market presence but also aligns its economic goals with environmental and societal commitments, thereby bolstering its reputation and ensuring continued profitability.
