Valuation ERG S.p.A.

Equities

Market Closed - Borsa Italiana Other stock markets 16:45:00 06/03/2026 GMT			5-day change	1st Jan Change
24.40 ^EUR	+1.33%		-2.17%	+11.01%

03-06	ERG to release FY results, strategic guidelines on March 12	RE
03-02	Tensions in Iran Sink Futures; Spotlight on Oil	AN

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	3,484	4,234	4,331	4,247	2,878	3,547	3,547	-
Change	-	21.54%	2.29%	-1.94%	-32.22%	23.21%	0%	-
Enterprise Value (EV) ¹	4,923	6,285	4,331	5,692	4,671	5,503	5,481	5,408
Change	-	27.67%	-31.09%	31.43%	-17.92%	17.81%	-0.41%	-1.33%
P/E ratio	32.3x	24.5x	11.4x	24.1x	15.3x	19.2x	15.6x	14.1x
PBR	1.98x	2.74x	-	1.99x	1.34x	1.73x	1.66x	1.63x
PEG	-	0.4x	0x	-0.5x	2.23x	-23.03x	0.7x	1.4x
Capitalization / Revenue	3.5x	3.41x	5.78x	5.73x	3.9x	4.3x	4.03x	3.95x
EV / Revenue	4.94x	5.06x	5.78x	7.68x	6.33x	6.68x	6.23x	6.03x
EV / EBITDA	10.2x	10.8x	8.06x	10.9x	8.8x	9.88x	8.95x	8.6x
EV / EBIT	26.9x	20.7x	14.1x	18.7x	18.5x	19.4x	16.5x	16.2x
EV / FCF	17.3x	-52.4x	-	474x	-68.7x	23.9x	23.8x	29x
FCF Yield	5.77%	-1.91%	-	0.21%	-1.46%	4.19%	4.2%	3.44%
Dividend per Share ²	0.75	0.9	-	1	1	1.044	1.062	1.043
Rate of return	3.21%	3.16%	-	3.47%	5.09%	4.28%	4.35%	4.27%
EPS ²	0.7248	1.159	2.534	1.199	1.281	1.271	1.565	1.728
Distribution rate	103%	77.7%	-	83.4%	78.1%	82.2%	67.9%	60.4%
Net sales ¹	995.6	1,243	749	741	738	824.2	879.4	897.4
EBITDA ¹	480.8	580	537	520	531	556.9	612.3	628.9
EBIT ¹	183.3	304	308	305	253	283.8	332	334.3
Net income ¹	107.9	173	379	179	187	176.1	211	218.8
Net Debt ¹	1,439	2,051	-	1,445	1,793	1,957	1,934	1,861
Reference price ²	23.40	28.44	28.96	28.86	19.65	24.40	24.40	24.40
Nbr of stocks (in thousands)	148,870	148,870	149,538	147,144	146,489	145,355	145,355	-
Announcement Date	12/03/21	15/03/22	15/03/23	13/03/24	11/03/25	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
ERG S.P.A.	19.2x	6.68x	9.88x	4.28%	4.11B
HUANENG LANCANG RIVER HYDROPOWER INC.	21.59x	10.58x	13.52x	2.2%	27.83B
EDP RENOVÁVEIS, S.A.	43.07x	8.41x	11.59x	0.89%	15.41B
ADANI GREEN ENERGY LIMITED	54.16x	15.96x	19.5x	-.--%	15.39B
ENGIE BRASIL ENERGIA S.A.	11.73x	5.51x	8.56x	4.83%	6.96B
CLEARWAY ENERGY, INC.	-47.53x	7.48x	8.8x	5.35%	4.45B
NORTHLAND POWER INC.	14.34x	4.75x	7.97x	3.39%	4.08B
Average	16.65x	8.48x	11.40x	2.99%	11.18B
Weighted average by Cap.	26.91x	10.07x	13.13x	2.1%