Valuation Snam S.p.A.

Equities

Real-time Borsa Italiana Other stock markets 15:03:30 06/03/2026 GMT			5-day change	1st Jan Change
6.464 ^EUR	0.00%		-1.94%	+14.25%

01:14pm	Snam: Upgrade on 2026-2030 strategic update
12:35pm	Equita SIM Upgrades Snam to Buy, Boosts PT	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	14,886	17,332	15,173	15,607	14,343	21,683	21,683	-
Change	-	16.43%	-12.46%	2.86%	-8.1%	51.17%	0%	-
Enterprise Value (EV) ¹	27,778	31,353	27,096	30,877	30,581	39,968	40,893	41,832
Change	-	12.87%	-13.58%	13.95%	-0.96%	30.69%	2.31%	2.3%
P/E ratio	14x	11.8x	22.5x	13.8x	11.5x	15.3x	15.1x	14.8x
PBR	2.33x	2.41x	2.05x	2.04x	1.61x	2.3x	2.24x	2.14x
PEG	-	0.3x	-0.4x	0.2x	1.1x	1.1x	12.56x	7.16x
Capitalization / Revenue	5.37x	5.26x	4.32x	3.64x	4.02x	4.88x	5.43x	4.96x
EV / Revenue	10x	9.51x	7.71x	7.2x	8.57x	10.5x	10.2x	9.56x
EV / EBITDA	12.6x	13.9x	12.1x	12.8x	11.1x	13.5x	13.1x	12.7x
EV / EBIT	19.5x	21.9x	19.9x	20.9x	17.6x	21.5x	20.7x	20.4x
EV / FCF	64.5x	334x	9.72x	-17.8x	-30.6x	-92.1x	-252x	92.2x
FCF Yield	1.55%	0.3%	10.3%	-5.6%	-3.27%	-1.09%	-0.4%	1.09%
Dividend per Share ²	0.2495	0.262	0.2751	0.282	0.2905	0.3014	0.3142	0.3278
Rate of return	5.42%	4.94%	6.08%	6.06%	6.79%	4.66%	4.86%	5.07%
EPS ²	0.329	0.448	0.201	0.338	0.373	0.4234	0.4284	0.4373
Distribution rate	75.8%	58.5%	137%	83.4%	77.9%	71.2%	73.3%	75%
Net sales ¹	2,770	3,297	3,515	4,288	3,568	3,885	3,990	4,374
EBITDA ¹	2,197	2,250	2,237	2,417	2,753	2,969	3,115	3,284
EBIT ¹	1,424	1,430	1,364	1,477	1,734	1,845	1,971	2,052
Net income ¹	1,101	1,496	671	1,135	1,259	1,270	1,441	1,475
Net Debt ¹	12,892	14,021	11,923	15,270	16,238	18,285	19,210	20,149
Reference price ²	4.601	5.300	4.527	4.655	4.277	6.464	6.464	6.464
Nbr of stocks (in thousands)	3,235,375	3,270,216	3,351,746	3,352,756	3,353,613	3,354,396	3,354,396	-
Announcement Date	18/03/21	17/03/22	16/03/23	14/03/24	10/04/25	05/03/26	-	-

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.($)
SNAM S.P.A.	15.27x	10.48x	13.52x	4.66%	25.07B
ENERGY TRANSFER LP	12.37x	1.28x	7.61x	7.35%	64.23B
DT MIDSTREAM, INC.	30.01x	13.56x	14.86x	2.49%	14.42B
S.N.T.G.N. TRANSGAZ S.A.	19.46x	6.42x	13.86x	-	3.68B
OQ GAS NETWORKS SAOG	18.54x	6.84x	16.37x	4.89%	2.66B
SHAANXI PROVINCIAL NATURAL GAS CO.,LTD	13.19x	-	-	-	1.34B
Average	18.14x	7.72x	13.24x	4.85%	18.57B
Weighted average by Cap.	15.70x	5.29x	10.33x	6%