ACINQUE SPA (AC5.MI) Stock Fundamental Analysis
Europe • Euronext Milan • BIT:AC5 • IT0001382024
2.26 EUR
+0.02 (+0.89%)
Last: Jan 23, 2026, 07:00 PM
We assign a fundamental rating of 4 out of 10 to AC5. AC5 was compared to 5 industry peers in the Gas Utilities industry. While AC5 seems to be doing ok healthwise, there are quite some concerns on its profitability. AC5 is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- AC5 had positive earnings in the past year.
- AC5 had a positive operating cash flow in the past year.
- In the past 5 years AC5 has always been profitable.
- AC5 had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- With a Return On Assets value of 3.54%, AC5 is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
- AC5's Return On Equity of 6.78% is on the low side compared to the rest of the industry. AC5 is outperformed by 80.00% of its industry peers.
- AC5's Return On Invested Capital of 5.68% is on the low side compared to the rest of the industry. AC5 is outperformed by 60.00% of its industry peers.
- AC5 had an Average Return On Invested Capital over the past 3 years of 3.21%. This is below the industry average of 6.44%.
- The last Return On Invested Capital (5.68%) for AC5 is above the 3 year average (3.21%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.54% | ||
| ROE | 6.78% | ||
| ROIC | 5.68% |
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
- AC5 has a worse Profit Margin (3.77%) than 80.00% of its industry peers.
- In the last couple of years the Profit Margin of AC5 has declined.
- AC5 has a worse Operating Margin (7.49%) than 80.00% of its industry peers.
- In the last couple of years the Operating Margin of AC5 has grown nicely.
- The Gross Margin of AC5 (30.72%) is worse than 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 | 7.49% | ||
| PM (TTM) | 3.77% | ||
| GM | 30.72% |
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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AC5 is destroying value.
- The number of shares outstanding for AC5 has been reduced compared to 1 year ago.
- AC5 has less shares outstanding than it did 5 years ago.
- AC5 has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 1.99 indicates that AC5 is not a great score, but indicates only limited risk for bankruptcy at the moment.
- The Altman-Z score of AC5 (1.99) is better than 80.00% of its industry peers.
- The Debt to FCF ratio of AC5 is 9.30, which is on the high side as it means it would take AC5, 9.30 years of fcf income to pay off all of its debts.
- AC5 has a Debt to FCF ratio of 9.30. This is in the better half of the industry: AC5 outperforms 80.00% of its industry peers.
- A Debt/Equity ratio of 0.43 indicates that AC5 is not too dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.43, AC5 belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 9.3 | ||
| Altman-Z | 1.99 |
ROIC/WACC0.91
WACC6.23%
2.3 Liquidity
- A Current Ratio of 1.26 indicates that AC5 should not have too much problems paying its short term obligations.
- With a decent Current ratio value of 1.26, AC5 is doing good in the industry, outperforming 80.00% of the companies in the same industry.
- A Quick Ratio of 1.21 indicates that AC5 should not have too much problems paying its short term obligations.
- AC5's Quick ratio of 1.21 is amongst the best of the industry. AC5 outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.26 | ||
| Quick Ratio | 1.21 |
3. Growth
3.1 Past
- AC5 shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 95.44%, which is quite impressive.
- The Earnings Per Share has been growing slightly by 3.46% on average over the past years.
- AC5 shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.02%.
- AC5 shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.02% yearly.
EPS 1Y (TTM)95.44%
EPS 3Y-23.68%
EPS 5Y3.46%
EPS Q2Q%12.11%
Revenue 1Y (TTM)14.02%
Revenue growth 3Y7.84%
Revenue growth 5Y7.02%
Sales Q2Q%15.94%
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
- AC5 is valuated correctly with a Price/Earnings ratio of 12.56.
- The rest of the industry has a similar Price/Earnings ratio as AC5.
- Compared to an average S&P500 Price/Earnings ratio of 28.30, AC5 is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.56 | ||
| Fwd PE | N/A |
4.2 Price Multiples
- 100.00% of the companies in the same industry are more expensive than AC5, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, AC5 is valued a bit cheaper than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.63 | ||
| EV/EBITDA | 4.88 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)3.63
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
- AC5 has a Yearly Dividend Yield of 3.66%.
- With a Dividend Yield of 3.66, AC5 pays less dividend than the industry average, which is at 4.68. 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 1.82, AC5 pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.66% |
5.2 History
- The dividend of AC5 has a limited annual growth rate of 3.03%.
Dividend Growth(5Y)3.03%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 48.44% 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.
DP48.44%
EPS Next 2YN/A
EPS Next 3YN/A
ACINQUE SPA / AC5.MI FAQ
What is the fundamental rating for AC5 stock?
ChartMill assigns a fundamental rating of 4 / 10 to AC5.MI.
What is the valuation status of ACINQUE SPA (AC5.MI) stock?
ChartMill assigns a valuation rating of 3 / 10 to ACINQUE SPA (AC5.MI). This can be considered as Overvalued.
What is the profitability of AC5 stock?
ACINQUE SPA (AC5.MI) has a profitability rating of 3 / 10.
What are the PE and PB ratios of ACINQUE SPA (AC5.MI) stock?
The Price/Earnings (PE) ratio for ACINQUE SPA (AC5.MI) is 12.56 and the Price/Book (PB) ratio is 0.87.