Valuation Snam S.p.A.

Equities

Market Closed - Borsa Italiana Other stock markets 16:45:00 15/05/2026 BST			5-day change	1st Jan Change
6.196 ^EUR	-2.24%		-4.15%	+9.55%

05-15	RBC: Snam Stays on Track for FY26 Targets Post-Q1 Results; Estimates Updated	MT
05-14	Kepler Cheuvreux Downgrades Snam to Hold, Boosts PT	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	17,332	15,173	15,607	14,343	18,972	20,792	-	-
Change	-	-12.46%	2.86%	-8.1%	32.27%	9.59%	-	-
Enterprise Value (EV) ¹	31,353	27,096	30,877	30,581	36,481	39,923	41,217	42,808
Change	-	-13.58%	13.95%	-0.96%	19.29%	9.43%	3.24%	3.86%
P/E ratio	11.8x	22.5x	13.8x	11.5x	-	14.4x	14.1x	13.3x
PBR	2.41x	2.05x	2.04x	1.61x	-	2.17x	2.09x	2.01x
PEG	-	-0.4x	0.2x	1.1x	-	-	6.46x	2.18x
Capitalization / Revenue	5.26x	4.32x	3.64x	4.02x	4.88x	5.19x	4.87x	4.69x
EV / Revenue	9.51x	7.71x	7.2x	8.57x	9.39x	9.97x	9.65x	9.66x
EV / EBITDA	13.9x	12.1x	12.8x	11.1x	12.3x	12.8x	12.5x	12.3x
EV / EBIT	21.9x	19.9x	20.9x	17.6x	19.8x	20.4x	19.9x	19.5x
EV / FCF	334x	9.72x	-17.8x	-30.6x	-132x	-642x	-287x	-75x
FCF Yield	0.3%	10.3%	-5.6%	-3.27%	-0.76%	-0.16%	-0.35%	-1.33%
Dividend per Share ²	0.262	0.2751	0.282	0.2905	0.3021	0.3128	0.328	0.3399
Rate of return	4.94%	6.08%	6.06%	6.79%	5.34%	5.05%	5.29%	5.49%
EPS ²	0.448	0.201	0.338	0.373	-	0.4296	0.439	0.4658
Distribution rate	58.5%	137%	83.4%	77.9%	-	72.8%	74.7%	73%
Net sales ¹	3,297	3,515	4,288	3,568	3,885	4,005	4,270	4,432
EBITDA ¹	2,250	2,237	2,417	2,753	2,969	3,121	3,292	3,466
EBIT ¹	1,430	1,364	1,477	1,734	1,845	1,959	2,070	2,197
Net income ¹	1,496	671	1,135	1,259	1,270	1,453	1,481	1,572
Net Debt ¹	14,021	11,923	15,270	16,238	17,509	19,131	20,425	22,016
Reference price ²	5.300	4.527	4.655	4.277	5.656	6.196	6.196	6.196
Nbr of stocks (in thousands)	3,270,216	3,351,746	3,352,756	3,353,613	3,354,396	3,355,791	-	-
Announcement Date	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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
SNAM S.P.A.	14.42x	9.97x	12.79x	5.05%	24.16B
ENERGY TRANSFER LP	14.24x	1.26x	7.44x	6.79%	69.34B
DT MIDSTREAM, INC.	31.13x	13.66x	15.18x	2.37%	15.11B
S.N.T.G.N. TRANSGAZ S.A.	27.09x	6.59x	15.8x	1.88%	3.71B
OQ GAS NETWORKS SAOG	20.4x	7.13x	17.22x	4.51%	2.87B
Average	21.46x	7.72x	13.69x	4.12%	23.04B
Weighted average by Cap.	17.06x	5.03x	10.09x	5.63%