ASCOPIAVE SPA (ASC.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:ASC - IT0004093263 - Common Stock
3.285 EUR
+0.02 (+0.46%)
ASC gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 5 industry peers in the Gas Utilities industry. ASC has a medium profitability rating, but doesn't score so well on its financial health evaluation. ASC is not overvalued while it is showing excellent growth. This is an interesting combination.
1. Profitability
1.1 Basic Checks
In the past year ASC was profitable.
ASC had a positive operating cash flow in the past year.
Each year in the past 5 years ASC has been profitable.
In the past 5 years ASC always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of ASC (4.90%) is comparable to the rest of the industry.
With a Return On Equity value of 9.58%, ASC is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
ASC's Return On Invested Capital of 3.57% is on the low side compared to the rest of the industry. ASC is outperformed by 80.00% of its industry peers.
ASC had an Average Return On Invested Capital over the past 3 years of 2.44%. This is below the industry average of 6.27%.
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
ASC has a better Profit Margin (35.47%) than 80.00% of its industry peers.
In the last couple of years the Profit Margin of ASC has declined.
The Operating Margin of ASC (26.94%) is worse than 60.00% of its industry peers.
In the last couple of years the Operating Margin of ASC has grown nicely.
Looking at the Gross Margin, with a value of 94.46%, ASC belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
In the last couple of years the Gross Margin of ASC has remained more or less at the same level.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ASC is destroying value.
Compared to 1 year ago, ASC has about the same amount of shares outstanding.
Compared to 5 years ago, ASC has less shares outstanding
ASC has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.33, we must say that ASC is in the distress zone and has some risk of bankruptcy.
ASC's Altman-Z score of 1.33 is in line compared to the rest of the industry. ASC outperforms 60.00% of its industry peers.
A Debt/Equity ratio of 0.57 indicates that ASC is somewhat dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.57, ASC belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.33 |
ROIC/WACC0.54
WACC6.63%
2.3 Liquidity
A Current Ratio of 0.81 indicates that ASC may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.81, ASC is in line with its industry, outperforming 60.00% of the companies in the same industry.
ASC has a Quick Ratio of 0.81. This is a bad value and indicates that ASC is not financially healthy enough and could expect problems in meeting its short term obligations.
ASC has a Quick ratio (0.76) which is comparable to the rest of the industry.
| 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.
Measured over the past years, ASC shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -40.36% on average per year.
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
ASC is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.43% yearly.
Based on estimates for the next years, ASC will show a quite strong growth in Revenue. The Revenue will grow by 9.04% on average per year.
EPS Next Y24.14%
EPS Next 2Y10.38%
EPS Next 3Y9.43%
EPS Next 5YN/A
Revenue Next Year29.22%
Revenue Next 2Y16.65%
Revenue Next 3Y13.11%
Revenue Next 5Y9.04%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 8.21, which indicates a very decent valuation of ASC.
100.00% of the companies in the same industry are more expensive than ASC, based on the Price/Earnings ratio.
ASC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.92.
With a Price/Forward Earnings ratio of 18.41, ASC is valued on the expensive side.
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 (23.46), we can say ASC is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.21 | ||
| Fwd PE | 18.41 |
4.2 Price Multiples
ASC's Enterprise Value to EBITDA 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.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.43 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.34
PEG (5Y)N/A
EPS Next 2Y10.38%
EPS Next 3Y9.43%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.59%, ASC is a good candidate for dividend investing.
ASC's Dividend Yield is comparable with the industry average which is at 4.58.
Compared to an average S&P500 Dividend Yield of 2.00, ASC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.59% |
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 2Y10.38%
EPS Next 3Y9.43%
BIT:ASC (12/29/2025, 3:41:43 PM)
3.285
+0.02 (+0.46%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)
Earnings (Next)
Inst Owners3.76%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap770.04M
Revenue(TTM)242.53M
Net Income(TTM)86.02M
Analysts77.14
Price Target3.84 (16.89%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.59% |
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)5.61%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-6.09%
EPS NY rev (3m)-23.94%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)7.02%
Revenue NY rev (3m)7.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.21 | ||
| Fwd PE | 18.41 | ||
| P/S | 3.17 | ||
| P/FCF | N/A | ||
| P/OCF | 6.92 | ||
| P/B | 0.86 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.43 |
EPS(TTM)0.4
EY12.18%
EPS(NY)0.18
Fwd EY5.43%
FCF(TTM)-1.81
FCFYN/A
OCF(TTM)0.47
OCFY14.44%
SpS1.03
BVpS3.83
TBVpS-1.49
PEG (NY)0.34
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
WACC6.63%
ROIC/WACC0.54
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 Y24.14%
EPS Next 2Y10.38%
EPS Next 3Y9.43%
EPS Next 5YN/A
Revenue 1Y (TTM)20.11%
Revenue growth 3Y14.28%
Revenue growth 5Y10.02%
Sales Q2Q%60.87%
Revenue Next Year29.22%
Revenue Next 2Y16.65%
Revenue Next 3Y13.11%
Revenue Next 5Y9.04%
EBIT growth 1Y0.52%
EBIT growth 3Y12.55%
EBIT growth 5Y17.55%
EBIT Next Year224.33%
EBIT Next 3Y52.41%
EBIT Next 5Y39.11%
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 8.21 and the Price/Book (PB) ratio is 0.86.
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 24.14% in the next year.