Obermatt

Snam

MIL:SRG · IT0003153415
Gas UtilitiesLarge

360

36
EV / EBIT30
Price / Owner Earnings93
Owner Earnings Yield1
Dividend Yield74
Price/Sales12
EV / Gross Profit38
Price/Book34
Return on Capital49
Cash Return on Capital62
Return on Equity67
EBIT Margin97
Gross Profitability67
Cash Conversion67
Accruals74
Owner Earnings Margin54
Sales growth42
Profit Growth87
Long-Term EPS Growth33
Reinvestment34
Price momentum65
Debt load15
Refinancing26
Debt Payback1
Liquidity49
Analyst ratings16
Opinion Changes40
Price Target Upside21
Market mood70
Value Creation6/20not creating value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Snam doesn't consistently earn more than its cost of capital, so it isn't yet creating shareholder value.

Profile

CountryItaly
IndustryGas Utilities
SizeLarge
TypePublic Company
ExchangeBIT
Employees2,317
Websitesnam.it
ISINIT0003153415
Last UpdateApr 2, 2026
Themes
Energy EfficiencyClean EnergyEnergy ManagementEnergy StorageCleanTechAnaerobic DigestionBiomass EnergyConstructionCyber SecurityEnergyInfrastructureReal EstateRenewable Energy

Description

Snam S.p.A. engages in the construction and integrated management of natural gas infrastructure in Europe. The company operates in Italy and through subsidiaries, Austria (Trans Austria Gasleitung GmbH (TAG)) and (Gas Connect Austria GmbH); France (…

Analysis

Quality compounder

Snam S.p.A. is a quality compounder: a well-run business trading at a price that reflects what it is worth.

Valuation data is not available for this company.

The trajectory is moderate and the balance sheet is stretched. The company scores 6/20 on our value-creation score: not creating value.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
23
2023202420252026

All-time high

72

Mar 2024

All-time low

8

Mar 2026

Average rank

40

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
12
17
19
11
Price/Earnings
52
63
62
67
Price/Book
34
37
38
43
Dividend Yield
74
78
80
76
Value (overall)
34
40
47
46

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

Similar Stocks

The companies this stock is ranked against.

Compare Snam with its peers
Terna
MIL:TRN
23
CountryItaly
IndustryElectric Utilities
SizeX-Large
Full Stock Analysis →
Fluxys Belgium
BRU:FLUX
9
CountryBelgium
IndustryOil, Gas & Consumable Fuels
SizeMedium
Full Stock Analysis →
Naturgy
MCE:NTGY
77
CountrySpain
IndustryGas Utilities
SizeLarge
Full Stock Analysis →
Enagas
MCE:ENG
53
CountrySpain
IndustryGas Utilities
SizeLarge
Full Stock Analysis →
Thessaloniki Water Supply & Sewerage
ATH:EYAPS
72
CountryGreece
IndustryWater Utilities
SizeSmall
Full Stock Analysis →
ENGIE
PAR:ENGI
89
CountryFrance
IndustryMulti-Utilities
SizeLarge
Full Stock Analysis →

Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →