ASCOPIAVE SPA (ASC.MI) Stock Fundamental Analysis
Europe - BIT:ASC - IT0004093263 - Common Stock
3.315 EUR
+0.04 (+1.22%)
ASC gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 5 industry peers in the Gas Utilities industry. While ASC is still in line with the averages on profitability rating, there are concerns on its financial health. ASC is not priced too expensively while it is growing strongly. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
In the past year ASC was profitable.
ASC had a positive operating cash flow in the past year.
In the past 5 years ASC has always been profitable.
Each year in the past 5 years ASC had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.90%, ASC is in line with its industry, outperforming 60.00% of the companies in the same industry.
The Return On Equity of ASC (9.58%) is worse than 60.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.57%, ASC is doing worse than 80.00% of the companies in the same industry.
ASC had an Average Return On Invested Capital over the past 3 years of 2.44%. This is below the industry average of 6.44%.
The last Return On Invested Capital (3.57%) for ASC is above the 3 year average (2.44%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.9% | ||
| ROE | 9.58% | ||
| ROIC | 3.57% |
ROA(3y)2.31%
ROA(5y)2.91%
ROE(3y)4.09%
ROE(5y)4.87%
ROIC(3y)2.44%
ROIC(5y)2.43%
1.3 Margins
The Profit Margin of ASC (35.47%) is better than 80.00% of its industry peers.
ASC's Profit Margin has declined in the last couple of years.
ASC has a Operating Margin (26.94%) which is in line with its industry peers.
ASC's Operating Margin has improved in the last couple of years.
The Gross Margin of ASC (94.46%) is better than 100.00% of its industry peers.
ASC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.94% | ||
| PM (TTM) | 35.47% | ||
| GM | 94.46% |
OM growth 3Y-1.51%
OM growth 5Y6.84%
PM growth 3Y-19.1%
PM growth 5Y-46.2%
GM growth 3Y-2.25%
GM growth 5Y-1.44%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ASC is destroying value.
The number of shares outstanding for ASC remains at a similar level compared to 1 year ago.
ASC has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, ASC has an improved debt to assets ratio.
2.2 Solvency
ASC has an Altman-Z score of 1.33. This is a bad value and indicates that ASC is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.33, ASC perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
ASC has a Debt/Equity ratio of 0.57. This is a neutral value indicating ASC is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.57, ASC is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.33 |
ROIC/WACC0.53
WACC6.71%
2.3 Liquidity
A Current Ratio of 0.81 indicates that ASC may have some problems paying its short term obligations.
With a Current ratio value of 0.81, ASC is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
A Quick Ratio of 0.76 indicates that ASC may have some problems paying its short term obligations.
ASC's Quick ratio of 0.76 is on the low side compared to the rest of the industry. ASC is outperformed by 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
ASC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 75.86%, which is quite impressive.
The earnings per share for ASC have been decreasing by -40.36% on average. This is quite bad
Looking at the last year, ASC shows a very strong growth in Revenue. The Revenue has grown by 20.11%.
ASC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.02% yearly.
EPS 1Y (TTM)75.86%
EPS 3Y-7.42%
EPS 5Y-40.36%
EPS Q2Q%37.09%
Revenue 1Y (TTM)20.11%
Revenue growth 3Y14.28%
Revenue growth 5Y10.02%
Sales Q2Q%60.87%
3.2 Future
Based on estimates for the next years, ASC will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.32% on average per year.
Based on estimates for the next years, ASC will show a quite strong growth in Revenue. The Revenue will grow by 8.60% on average per year.
EPS Next Y32.19%
EPS Next 2Y11.42%
EPS Next 3Y11.32%
EPS Next 5YN/A
Revenue Next Year20.74%
Revenue Next 2Y16.48%
Revenue Next 3Y13.16%
Revenue Next 5Y8.6%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 8.29, which indicates a very decent valuation of ASC.
Based on the Price/Earnings ratio, ASC is valued cheaper than 100.00% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.56, ASC is valued rather cheaply.
ASC is valuated rather expensively with a Price/Forward Earnings ratio of 18.23.
ASC's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. ASC is more expensive than 60.00% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ASC to the average of the S&P500 Index (34.62), we can say ASC is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.29 | ||
| Fwd PE | 18.23 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ASC is valued more expensive than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.44 |
4.3 Compensation for Growth
ASC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.26
PEG (5Y)N/A
EPS Next 2Y11.42%
EPS Next 3Y11.32%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.51%, ASC is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.82, ASC has a dividend in line with its industry peers.
ASC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.51% |
5.2 History
The dividend of ASC decreases each year by -16.09%.
Dividend Growth(5Y)-16.09%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
37.74% of the earnings are spent on dividend by ASC. This is a low number and sustainable payout ratio.
DP37.74%
EPS Next 2Y11.42%
EPS Next 3Y11.32%
BIT:ASC (11/17/2025, 5:29:49 PM)
3.315
+0.04 (+1.22%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners3.87%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap777.07M
Revenue(TTM)242.53M
Net Income(TTM)86.02M
Analysts77.14
Price Target3.64 (9.8%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.51% |
Yearly Dividend0.14
Dividend Growth(5Y)-16.09%
DP37.74%
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)0%
PT rev (3m)0.95%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-19.01%
EPS NY rev (3m)-21.77%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.89%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.29 | ||
| Fwd PE | 18.23 | ||
| P/S | 3.2 | ||
| P/FCF | N/A | ||
| P/OCF | 6.99 | ||
| P/B | 0.87 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.44 |
EPS(TTM)0.4
EY12.07%
EPS(NY)0.18
Fwd EY5.48%
FCF(TTM)-1.81
FCFYN/A
OCF(TTM)0.47
OCFY14.31%
SpS1.03
BVpS3.83
TBVpS-1.49
PEG (NY)0.26
PEG (5Y)N/A
Graham Number5.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.9% | ||
| ROE | 9.58% | ||
| ROCE | 4.41% | ||
| ROIC | 3.57% | ||
| ROICexc | 3.63% | ||
| ROICexgc | 25.23% | ||
| OM | 26.94% | ||
| PM (TTM) | 35.47% | ||
| GM | 94.46% | ||
| FCFM | N/A |
ROA(3y)2.31%
ROA(5y)2.91%
ROE(3y)4.09%
ROE(5y)4.87%
ROIC(3y)2.44%
ROIC(5y)2.43%
ROICexc(3y)2.57%
ROICexc(5y)2.57%
ROICexgc(3y)7.7%
ROICexgc(5y)7.29%
ROCE(3y)3.01%
ROCE(5y)2.99%
ROICexgc growth 3Y8.89%
ROICexgc growth 5Y15.04%
ROICexc growth 3Y6.65%
ROICexc growth 5Y13.01%
OM growth 3Y-1.51%
OM growth 5Y6.84%
PM growth 3Y-19.1%
PM growth 5Y-46.2%
GM growth 3Y-2.25%
GM growth 5Y-1.44%
F-Score5
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.18 | ||
| Cap/Depr | 935.24% | ||
| Cap/Sales | 220.8% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 90.7% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.76 | ||
| Altman-Z | 1.33 |
F-Score5
WACC6.71%
ROIC/WACC0.53
Cap/Depr(3y)175.72%
Cap/Depr(5y)164.03%
Cap/Sales(3y)48.72%
Cap/Sales(5y)42.49%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)75.86%
EPS 3Y-7.42%
EPS 5Y-40.36%
EPS Q2Q%37.09%
EPS Next Y32.19%
EPS Next 2Y11.42%
EPS Next 3Y11.32%
EPS Next 5YN/A
Revenue 1Y (TTM)20.11%
Revenue growth 3Y14.28%
Revenue growth 5Y10.02%
Sales Q2Q%60.87%
Revenue Next Year20.74%
Revenue Next 2Y16.48%
Revenue Next 3Y13.16%
Revenue Next 5Y8.6%
EBIT growth 1Y0.52%
EBIT growth 3Y12.55%
EBIT growth 5Y17.55%
EBIT Next Year204.46%
EBIT Next 3Y51.66%
EBIT Next 5Y38.19%
FCF growth 1Y-482.97%
FCF growth 3Y-12.35%
FCF growth 5YN/A
OCF growth 1Y396.08%
OCF growth 3Y6.94%
OCF growth 5Y31.62%
ASCOPIAVE SPA / ASC.MI FAQ
Can you provide the ChartMill fundamental rating for ASCOPIAVE SPA?
ChartMill assigns a fundamental rating of 5 / 10 to ASC.MI.
What is the valuation status of ASCOPIAVE SPA (ASC.MI) stock?
ChartMill assigns a valuation rating of 4 / 10 to ASCOPIAVE SPA (ASC.MI). This can be considered as Fairly Valued.
What is the profitability of ASC stock?
ASCOPIAVE SPA (ASC.MI) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for ASC stock?
The Price/Earnings (PE) ratio for ASCOPIAVE SPA (ASC.MI) is 8.29 and the Price/Book (PB) ratio is 0.87.
Can you provide the expected EPS growth for ASC stock?
The Earnings per Share (EPS) of ASCOPIAVE SPA (ASC.MI) is expected to grow by 32.19% in the next year.