Italgas SpA
MIL:IG

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Italgas SpA
MIL:IG
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Price: 10.29 EUR 1.43% Market Closed
Market Cap: €10.5B

EV/IC

1.1
Current
12%
More Expensive
vs 3-y average of 1

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.1
=
Enterprise Value
€20.7B
/
Invested Capital
€18B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.1
=
Enterprise Value
€20.7B
/
Invested Capital
€18B

Valuation Scenarios

Italgas SpA is trading above its 3-year average

If EV/IC returns to its 3-Year Average (1), the stock would be worth €9.17 (11% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-20%
Maximum Upside
No Upside Scenarios
Average Downside
16%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 1.1 €10.29
0%
3-Year Average 1 €9.17
-11%
5-Year Average 1 €9.04
-12%
Industry Average 0.9 €8.21
-20%
Country Average 0.9 €8.35
-19%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
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Market Distribution

In line with most companies in Italy
Percentile
62st
Based on 905 companies
62st percentile
1.1
Low
0.1 — 0.6
Typical Range
0.6 — 1.3
High
1.3 —
Distribution Statistics
Italy
Min 0.1
30th Percentile 0.6
Median 0.9
70th Percentile 1.3
Max 102.2

Italgas SpA
Glance View

At the heart of Italy's rich tapestry of industrial history lies Italgas SpA, a company that has been channeling energy across the nation since the nineteenth century. Founded in 1837, Italgas has evolved alongside Italy, adapting to the shifting tides of economic and environmental demands. The company specializes in the distribution of natural gas, constructing and operating a vast network of pipelines that thread through urban and rural landscapes. Italgas connects producers and end-users, a crucial link that empowers everything from residential heating to large-scale industrial operations. Through meticulous management of these extensive networks, Italgas ensures a reliable, safe, and efficient delivery of energy, which resonates as the lifeblood of modern society. Revenue generation at Italgas is intrinsically tied to its core utility service. By investing in cutting-edge infrastructure and technological upgrades, such as smart meters and advanced monitoring systems, the company enhances operational efficiency and customer satisfaction. This focus on technological advancement allows Italgas to streamline its distribution processes, reduce waste, and meet regulatory standards for safety and environmental responsibility. Earnings are bolstered by stable, long-term contracts with municipalities and agreements with domestic and industrial consumers, which provide a predictable flow of income. These strategic pillars not only underpin the company's financial robustness but also align it with the broader goals of sustainable energy and innovation.

IG Intrinsic Value
7.79 EUR
Overvaluation 24%
Intrinsic Value
Price €10.29
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