ACINQUE SPA (AC5.MI) Stock Fundamental Analysis
BIT:AC5 - Euronext Milan - IT0001382024 - Common Stock - Currency: EUR
AC5 gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 5 industry peers in the Gas Utilities industry. The financial health of AC5 is average, but there are quite some concerns on its profitability. AC5 has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
AC5 had positive earnings in the past year.
In the past year AC5 had a positive cash flow from operations.
In the past 5 years AC5 has always been profitable.
Of the past 5 years AC5 4 years had a positive operating cash flow.
1.2 Ratios
AC5 has a Return On Assets of 3.15%. This is in the lower half of the industry: AC5 underperforms 60.00% of its industry peers.
The Return On Equity of AC5 (6.52%) is worse than 60.00% of its industry peers.
AC5 has a Return On Invested Capital of 5.91%. This is in the lower half of the industry: AC5 underperforms 60.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AC5 is below the industry average of 6.67%.
The 3 year average ROIC (3.21%) for AC5 is below the current ROIC(5.91%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.15% | ||
| ROE | 6.52% | ||
| ROIC | 5.91% |
ROA(3y)1.9%
ROA(5y)2.44%
ROE(3y)4.02%
ROE(5y)4.9%
ROIC(3y)3.21%
ROIC(5y)3.1%
1.3 Margins
With a Profit Margin value of 4.03%, AC5 is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
AC5's Profit Margin has declined in the last couple of years.
The Operating Margin of AC5 (8.95%) is worse than 60.00% of its industry peers.
AC5's Operating Margin has improved in the last couple of years.
AC5 has a Gross Margin of 33.86%. This is in the lower half of the industry: AC5 underperforms 60.00% of its industry peers.
In the last couple of years the Gross Margin of AC5 has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.95% | ||
| PM (TTM) | 4.03% | ||
| GM | 33.86% |
OM growth 3Y0.05%
OM growth 5Y6.52%
PM growth 3Y-27.74%
PM growth 5Y-4.21%
GM growth 3Y-5.11%
GM growth 5Y-0.14%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AC5 is destroying value.
The number of shares outstanding for AC5 remains at a similar level compared to 1 year ago.
AC5 has about the same amout of shares outstanding than it did 5 years ago.
The debt/assets ratio for AC5 has been reduced compared to a year ago.
2.2 Solvency
AC5 has an Altman-Z score of 1.65. This is a bad value and indicates that AC5 is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.65, AC5 is in line with its industry, outperforming 60.00% of the companies in the same industry.
The Debt to FCF ratio of AC5 is 1.82, which is an excellent value as it means it would take AC5, only 1.82 years of fcf income to pay off all of its debts.
AC5 has a Debt to FCF ratio of 1.82. This is amongst the best in the industry. AC5 outperforms 100.00% of its industry peers.
AC5 has a Debt/Equity ratio of 0.43. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.43, AC5 is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 1.82 | ||
| Altman-Z | 1.65 |
ROIC/WACC0.96
WACC6.16%
2.3 Liquidity
A Current Ratio of 1.21 indicates that AC5 should not have too much problems paying its short term obligations.
AC5's Current ratio of 1.21 is in line compared to the rest of the industry. AC5 outperforms 60.00% of its industry peers.
AC5 has a Quick Ratio of 1.17. This is a normal value and indicates that AC5 is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.17, AC5 is doing good in the industry, outperforming 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.21 | ||
| Quick Ratio | 1.17 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 86.41% over the past year.
AC5 shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.46% yearly.
The Revenue has been growing slightly by 1.29% in the past year.
Measured over the past years, AC5 shows a small growth in Revenue. The Revenue has been growing by 7.02% on average per year.
EPS 1Y (TTM)86.41%
EPS 3Y-23.68%
EPS 5Y3.46%
EPS Q2Q%-5.28%
Revenue 1Y (TTM)1.29%
Revenue growth 3Y7.84%
Revenue growth 5Y7.02%
Sales Q2Q%23.99%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 12.12, the valuation of AC5 can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of AC5 is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 27.54. AC5 is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.12 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AC5 is valued cheaper than 100.00% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AC5 indicates a rather cheap valuation: AC5 is cheaper than 100.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.78 | ||
| EV/EBITDA | 4.44 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)3.5
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
AC5 has a Yearly Dividend Yield of 4.17%, which is a nice return.
Compared to an average industry Dividend Yield of 5.55, AC5's dividend is way lower than its industry peers. On top of this 80.00% of the companies listed in the same industry pay a better dividend than AC5!
Compared to an average S&P500 Dividend Yield of 2.35, AC5 pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.17% |
5.2 History
The dividend of AC5 has a limited annual growth rate of 2.98%.
Dividend Growth(5Y)2.98%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
49.93% of the earnings are spent on dividend by AC5. This is a bit on the high side, but may be sustainable.
AC5's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP49.93%
EPS Next 2YN/A
EPS Next 3YN/A
BIT:AC5 (7/15/2025, 2:18:11 PM)
2.06
0 (0%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners0.3%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap406.52M
AnalystsN/A
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.17% |
Yearly Dividend0.09
Dividend Growth(5Y)2.98%
DP49.93%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.12 | ||
| Fwd PE | N/A | ||
| P/S | 0.49 | ||
| P/FCF | 2.78 | ||
| P/OCF | 1.86 | ||
| P/B | 0.79 | ||
| P/tB | 6.99 | ||
| EV/EBITDA | 4.44 |
EPS(TTM)0.17
EY8.25%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.74
FCFY35.97%
OCF(TTM)1.11
OCFY53.69%
SpS4.22
BVpS2.61
TBVpS0.29
PEG (NY)N/A
PEG (5Y)3.5
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.15% | ||
| ROE | 6.52% | ||
| ROCE | 9.32% | ||
| ROIC | 5.91% | ||
| ROICexc | 6.78% | ||
| ROICexgc | 19.69% | ||
| OM | 8.95% | ||
| PM (TTM) | 4.03% | ||
| GM | 33.86% | ||
| FCFM | 17.56% |
ROA(3y)1.9%
ROA(5y)2.44%
ROE(3y)4.02%
ROE(5y)4.9%
ROIC(3y)3.21%
ROIC(5y)3.1%
ROICexc(3y)3.5%
ROICexc(5y)3.3%
ROICexgc(3y)9.93%
ROICexgc(5y)9.99%
ROCE(3y)5.06%
ROCE(5y)4.89%
ROICexcg growth 3Y8.26%
ROICexcg growth 5Y-0.12%
ROICexc growth 3Y7.39%
ROICexc growth 5Y11.35%
OM growth 3Y0.05%
OM growth 5Y6.52%
PM growth 3Y-27.74%
PM growth 5Y-4.21%
GM growth 3Y-5.11%
GM growth 5Y-0.14%
F-Score7
Asset Turnover0.78
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 1.82 | ||
| Debt/EBITDA | 1.75 | ||
| Cap/Depr | 134.67% | ||
| Cap/Sales | 8.65% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 170.53% | ||
| Profit Quality | 435.36% | ||
| Current Ratio | 1.21 | ||
| Quick Ratio | 1.17 | ||
| Altman-Z | 1.65 |
F-Score7
WACC6.16%
ROIC/WACC0.96
Cap/Depr(3y)137.15%
Cap/Depr(5y)145.06%
Cap/Sales(3y)11.22%
Cap/Sales(5y)13.97%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)86.41%
EPS 3Y-23.68%
EPS 5Y3.46%
EPS Q2Q%-5.28%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)1.29%
Revenue growth 3Y7.84%
Revenue growth 5Y7.02%
Sales Q2Q%23.99%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y97.01%
EBIT growth 3Y7.9%
EBIT growth 5Y13.99%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y3396.03%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y274.13%
OCF growth 3Y57.93%
OCF growth 5Y40.31%