Snam SpA
MIL:SRG

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Snam SpA
MIL:SRG
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Price: 5.82 EUR 2.5% Market Closed
Market Cap: 19.6B EUR

Relative Value

The Relative Value of one SRG stock under the Base Case scenario is 7.09 EUR. Compared to the current market price of 5.82 EUR, Snam SpA is Undervalued by 18%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

SRG Relative Value
Base Case
7.09 EUR
Undervaluation 18%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
49
vs Industry
30
Median 3Y
3.1
Median 5Y
3.5
Industry
1.7
Forward
5
vs History
68
vs Industry
56
Median 3Y
9
Median 5Y
10.9
Industry
15.2
Forward
13.8
vs History
28
vs Industry
29
Median 3Y
9
Median 5Y
9.1
Industry
7.4
vs History
0
vs Industry
41
Median 3Y
17.4
Median 5Y
11.8
Industry
14.6
vs History
23
vs Industry
28
Median 3Y
2
Median 5Y
2.1
Industry
1.4
vs History
50
vs Industry
22
Median 3Y
5.8
Median 5Y
6.4
Industry
2.9
Forward
8.9
vs History
vs Industry
32
Median 3Y
0
Median 5Y
10.6
Industry
7.9
vs History
58
vs Industry
45
Median 3Y
9.1
Median 5Y
10.3
Industry
10.7
Forward
11.6
vs History
65
vs Industry
43
Median 3Y
12.8
Median 5Y
15.8
Industry
15.3
Forward
18.5
vs History
30
vs Industry
18
Median 3Y
17.3
Median 5Y
17.4
Industry
11.3
vs History
vs Industry
38
Median 3Y
-33.8
Median 5Y
-14.2
Industry
17
vs History
46
vs Industry
26
Median 3Y
1
Median 5Y
1
Industry
0.9

Multiples Across Competitors

SRG Competitors Multiples
Snam SpA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
IT
Snam SpA
MIL:SRG
19.5B EUR 3.5 8.9 9.2 13
ES
Naturgy Energy Group SA
MAD:NTGY
24.6B EUR 1 9.7 5.5 7.4
US
Atmos Energy Corp
NYSE:ATO
27.1B USD 5.8 22.7 15.7 23
HK
Hong Kong and China Gas Co Ltd
HKEX:3
133.8B HKD 2.4 23.7 19.8 19.8
JP
Tokyo Gas Co Ltd
TSE:9531
2.2T JPY 0.8 11.5 6.7 16.2
JP
Osaka Gas Co Ltd
TSE:9532
2.1T JPY 1 11.8 8.4 14
IT
Italgas SpA
MIL:IG
10.5B EUR 2.5 11.3 9.7 13.1
IN
GAIL (India) Ltd
NSE:GAIL
1.1T INR 0.7 9.9 7.3 9.6
CN
ENN Energy Holdings Ltd
HKEX:2688
77.4B HKD 0.6 11.9 9.1 9.1
CN
ENN Natural Gas Co Ltd
SSE:600803
62.3B CNY 0.5 14.1 7.8 7.8
MY
Petronas Gas Bhd
KLSE:PETGAS
36B MYR 5.6 20.2 10.5 16.1