Terna - Rete Elettrica Nazionale Società per Azioni Logo

Terna - Rete Elettrica Nazionale Società per Azioni

TRN.MI

(2.0)
Stock Price

7,97 EUR

4.62% ROA

18.38% ROE

16.78x PER

Market Cap.

15.306.971.226,00 EUR

162.38% DER

4.23% Yield

28.84% NPM

Terna - Rete Elettrica Nazionale Società per Azioni Stock Analysis

Terna - Rete Elettrica Nazionale Società per Azioni Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Terna - Rete Elettrica Nazionale Società per Azioni Fundamental Stock Analysis
# Analysis Rating
1 Revenue Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

2 Dividend

The company's consistent dividend payouts over the past five years exemplify its strong commitment to providing shareholders with reliable returns, making it an attractive investment option.

3 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (27) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

4 ROE

The stock's ROE falls within an average range (14.1%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

5 ROA

The stock's ROA (4%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

6 PBV

The stock's PBV ratio (2.46x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

7 DER

The company has a high debt to equity ratio (193%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

8 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

9 Assets Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

10 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

11 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

Terna - Rete Elettrica Nazionale Società per Azioni Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Terna - Rete Elettrica Nazionale Società per Azioni Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Sell
4 Stoch RSI Buy

Terna - Rete Elettrica Nazionale Società per Azioni Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Terna - Rete Elettrica Nazionale Società per Azioni Revenue
Year Revenue Growth
2003 889.200.000
2004 1.045.300.000 14.93%
2005 1.087.400.000 3.87%
2006 1.083.495.744 -0.36%
2007 1.296.200.000 16.41%
2008 1.336.300.000 3%
2009 1.317.300.000 -1.44%
2010 1.533.100.000 14.08%
2011 1.591.300.000 3.66%
2012 1.732.800.000 8.17%
2013 1.850.200.000 6.35%
2014 1.922.800.000 3.78%
2015 2.011.900.000 4.43%
2016 2.032.600.000 1.02%
2017 2.184.000.000 6.93%
2018 2.272.500.000 3.89%
2019 2.295.700.000 1.01%
2020 2.463.800.000 6.82%
2021 2.543.400.000 3.13%
2022 2.905.100.000 12.45%
2023 3.047.200.000 4.66%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Terna - Rete Elettrica Nazionale Società per Azioni Research and Development Expenses
Year Research and Development Expenses Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Terna - Rete Elettrica Nazionale Società per Azioni General and Administrative Expenses
Year General and Administrative Expenses Growth
2003 0
2004 0 0%
2005 0 0%
2006 252.000.047 100%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 5.300.000 100%
2013 2.200.000 -140.91%
2014 11.200.000 80.36%
2015 2.000.000 -460%
2016 2.200.000 9.09%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Terna - Rete Elettrica Nazionale Società per Azioni EBITDA
Year EBITDA Growth
2003 5.682.000.000
2004 6.959.000.000 18.35%
2005 722.300.000 -863.45%
2006 726.235.662 0.54%
2007 1.016.300.000 28.54%
2008 1.034.100.000 1.72%
2009 1.053.100.000 1.8%
2010 1.188.900.000 11.42%
2011 1.276.300.000 6.85%
2012 1.472.700.000 13.34%
2013 1.549.500.000 4.96%
2014 1.501.300.000 -3.21%
2015 1.556.700.000 3.56%
2016 1.540.600.000 -1.05%
2017 1.595.200.000 3.42%
2018 1.656.000.000 3.67%
2019 1.729.400.000 4.24%
2020 1.762.300.000 1.87%
2021 1.866.600.000 5.59%
2022 2.076.200.000 10.1%
2023 2.201.600.000 5.7%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Terna - Rete Elettrica Nazionale Società per Azioni Gross Profit
Year Gross Profit Growth
2003 -274.800.000
2004 -336.700.000 18.38%
2005 943.200.000 135.7%
2006 1.065.357.371 11.47%
2007 1.195.500.000 10.89%
2008 1.241.000.000 3.67%
2009 1.179.100.000 -5.25%
2010 1.352.700.000 12.83%
2011 1.421.600.000 4.85%
2012 1.563.600.000 9.08%
2013 1.694.600.000 7.73%
2014 1.721.900.000 1.59%
2015 1.755.500.000 1.91%
2016 1.770.200.000 0.83%
2017 1.843.500.000 3.98%
2018 1.877.100.000 1.79%
2019 1.965.600.000 4.5%
2020 2.049.400.000 4.09%
2021 2.118.700.000 3.27%
2022 2.380.400.000 10.99%
2023 2.511.600.000 5.22%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Terna - Rete Elettrica Nazionale Società per Azioni Net Profit
Year Net Profit Growth
2003 2.204.000.000
2004 2.360.000.000 6.61%
2005 297.900.000 -692.21%
2006 355.800.000 16.27%
2007 432.800.000 17.79%
2008 341.400.000 -26.77%
2009 771.000.000 55.72%
2010 613.600.000 -25.65%
2011 440.000.000 -39.45%
2012 463.600.000 5.09%
2013 513.600.000 9.74%
2014 544.500.000 5.67%
2015 595.500.000 8.56%
2016 633.100.000 5.94%
2017 688.300.000 8.02%
2018 706.600.000 2.59%
2019 757.300.000 6.69%
2020 785.500.000 3.59%
2021 789.400.000 0.49%
2022 857.000.000 7.89%
2023 921.200.000 6.97%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Terna - Rete Elettrica Nazionale Società per Azioni Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2003 1
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Terna - Rete Elettrica Nazionale Società per Azioni Free Cashflow
Year Free Cashflow Growth
2003 82.800.000
2004 92.000.000 10%
2005 204.200.000 54.95%
2006 424.800.000 51.93%
2007 590.600.000 28.07%
2008 -224.800.000 362.72%
2009 292.200.000 176.93%
2010 -320.200.000 191.26%
2011 -368.000.000 12.99%
2012 -598.700.000 38.53%
2013 -447.400.000 -33.82%
2014 70.800.000 731.92%
2015 -738.700.000 109.58%
2016 762.200.000 196.92%
2017 786.700.000 3.11%
2018 240.100.000 -227.66%
2019 93.200.000 -157.62%
2020 -336.700.000 127.68%
2021 -642.700.000 47.61%
2022 619.000.000 203.83%
2023 -34.300.000 1904.66%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Terna - Rete Elettrica Nazionale Società per Azioni Operating Cashflow
Year Operating Cashflow Growth
2003 439.100.000
2004 395.200.000 -11.11%
2005 477.100.000 17.17%
2006 756.200.000 36.91%
2007 615.500.000 -22.86%
2008 567.800.000 -8.4%
2009 1.279.300.000 55.62%
2010 773.400.000 -65.41%
2011 849.100.000 8.92%
2012 611.900.000 -38.76%
2013 763.800.000 19.89%
2014 1.191.200.000 35.88%
2015 1.143.800.000 -4.14%
2016 1.560.000.000 26.68%
2017 1.691.700.000 7.79%
2018 1.306.600.000 -29.47%
2019 1.295.400.000 -0.86%
2020 941.400.000 -37.6%
2021 832.300.000 -13.11%
2022 2.323.700.000 64.18%
2023 605.200.000 -283.96%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Terna - Rete Elettrica Nazionale Società per Azioni Capital Expenditure
Year Capital Expenditure Growth
2003 356.300.000
2004 303.200.000 -17.51%
2005 272.900.000 -11.1%
2006 331.400.000 17.65%
2007 24.900.000 -1230.92%
2008 792.600.000 96.86%
2009 987.100.000 19.7%
2010 1.093.600.000 9.74%
2011 1.217.100.000 10.15%
2012 1.210.600.000 -0.54%
2013 1.211.200.000 0.05%
2014 1.120.400.000 -8.1%
2015 1.882.500.000 40.48%
2016 797.800.000 -135.96%
2017 905.000.000 11.85%
2018 1.066.500.000 15.14%
2019 1.202.200.000 11.29%
2020 1.278.100.000 5.94%
2021 1.475.000.000 13.35%
2022 1.704.700.000 13.47%
2023 639.500.000 -166.57%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Terna - Rete Elettrica Nazionale Società per Azioni Equity
Year Equity Growth
2003 2.966.400.000
2004 1.819.900.000 -63%
2005 1.902.200.000 4.33%
2006 1.901.665.731 -0.03%
2007 2.162.000.000 12.04%
2008 2.076.800.000 -4.1%
2009 2.501.500.000 16.98%
2010 2.760.600.000 9.39%
2011 2.751.000.000 -0.35%
2012 2.794.300.000 1.55%
2013 2.940.600.000 4.98%
2014 3.092.900.000 4.92%
2015 3.320.800.000 6.86%
2016 3.535.400.000 6.07%
2017 3.803.300.000 7.04%
2018 4.054.200.000 6.19%
2019 4.231.900.000 4.2%
2020 4.415.800.000 4.16%
2021 4.713.000.000 6.31%
2022 6.169.100.000 23.6%
2023 6.354.600.000 2.92%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Terna - Rete Elettrica Nazionale Società per Azioni Assets
Year Assets Growth
2003 4.967.700.000
2004 4.929.600.000 -0.77%
2005 6.290.600.000 21.64%
2006 6.272.280.320 -0.29%
2007 8.043.900.000 22.02%
2008 9.454.800.000 14.92%
2009 9.319.700.000 -1.45%
2010 10.774.600.000 13.5%
2011 12.686.700.000 15.07%
2012 15.149.000.000 16.25%
2013 14.735.100.000 -2.81%
2014 15.059.200.000 2.15%
2015 15.457.100.000 2.57%
2016 16.041.200.000 3.64%
2017 16.916.800.000 5.18%
2018 17.130.500.000 1.25%
2019 18.003.700.000 4.85%
2020 20.630.300.000 12.73%
2021 22.359.200.000 7.73%
2022 22.802.900.000 1.95%
2023 20.527.900.000 -11.08%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Terna - Rete Elettrica Nazionale Società per Azioni Liabilities
Year Liabilities Growth
2003 2.001.300.000
2004 3.109.700.000 35.64%
2005 4.388.400.000 29.14%
2006 4.370.614.589 -0.41%
2007 5.770.400.000 24.26%
2008 7.291.100.000 20.86%
2009 6.818.200.000 -6.94%
2010 8.013.800.000 14.92%
2011 9.935.700.000 19.34%
2012 12.354.700.000 19.58%
2013 11.794.500.000 -4.75%
2014 11.966.300.000 1.44%
2015 12.111.300.000 1.2%
2016 12.486.000.000 3%
2017 13.087.800.000 4.6%
2018 13.076.300.000 -0.09%
2019 13.771.800.000 5.05%
2020 16.214.500.000 15.06%
2021 17.646.200.000 8.11%
2022 16.633.800.000 -6.09%
2023 14.173.300.000 -17.36%

Terna - Rete Elettrica Nazionale Società per Azioni Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
1.56
Net Income per Share
0.45
Price to Earning Ratio
16.78x
Price To Sales Ratio
4.89x
POCF Ratio
9.16
PFCF Ratio
-35.16
Price to Book Ratio
2.41
EV to Sales
7.89
EV Over EBITDA
10.86
EV to Operating CashFlow
14.78
EV to FreeCashFlow
-56.71
Earnings Yield
0.06
FreeCashFlow Yield
-0.03
Market Cap
15,31 Bil.
Enterprise Value
24,69 Bil.
Graham Number
5.68
Graham NetNet
-6.5

Income Statement Metrics

Net Income per Share
0.45
Income Quality
1.84
ROE
0.15
Return On Assets
0.05
Return On Capital Employed
0.1
Net Income per EBT
0.71
EBT Per Ebit
0.93
Ebit per Revenue
0.44
Effective Tax Rate
0.29

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.68
Operating Profit Margin
0.44
Pretax Profit Margin
0.41
Net Profit Margin
0.29

Dividends

Dividend Yield
0.04
Dividend Yield %
4.23
Payout Ratio
0.25
Dividend Per Share
0.32

Operating Metrics

Operating Cashflow per Share
0.83
Free CashFlow per Share
-0.22
Capex to Operating CashFlow
-1.26
Capex to Revenue
-0.67
Capex to Depreciation
-2.64
Return on Invested Capital
0.06
Return on Tangible Assets
0.05
Days Sales Outstanding
0
Days Payables Outstanding
1260.39
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0.29
Inventory Turnover
0
Capex per Share
-1.05

Balance Sheet

Cash per Share
0,56
Book Value per Share
3,16
Tangible Book Value per Share
3.17
Shareholders Equity per Share
3.16
Interest Debt per Share
5.18
Debt to Equity
1.62
Debt to Assets
0.5
Net Debt to EBITDA
4.12
Current Ratio
0.52
Tangible Asset Value
5,55 Bil.
Net Current Asset Value
-11,97 Bil.
Invested Capital
1.62
Working Capital
-2,01 Bil.
Intangibles to Total Assets
0.04
Average Receivables
0,00 Bil.
Average Payables
2,29 Bil.
Average Inventory
51050000
Debt to Market Cap
0.67

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Terna - Rete Elettrica Nazionale Società per Azioni Dividends
Year Dividends Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Terna - Rete Elettrica Nazionale Società per Azioni Profile

About Terna - Rete Elettrica Nazionale Società per Azioni

Terna - Rete Elettrica Nazionale Società per Azioni, together with its subsidiaries, engages in the electricity transmission and dispatching activities in Italy, Euro-area countries, and internationally. The company operates through Regulated, Non-Regulated, and International segments. It is involved in the planning, development, management, operation, and maintenance of national transmission grid, electricity infrastructures, and high-voltage infrastructures. The company also offers telecommunications systems and equipment, connectivity services, energy solutions, and operation and maintenance services. In addition, it designs, produces, commercializes, and repairs power transformers for electricity transmission and distribution grids, industrial transformers for the steel and metals industries, and special transformers for convertors used in electrochemical production; designs, produces, and supplies marine and terrestrial cables; implements and develops renewable energy projects; and undertakes private interconnector projects, as well as owns the national transmission grid. The company was founded in 1999 and is headquartered in Rome, Italy.

CEO
Ms. Giuseppina Di Foggia
Employee
5.762
Address
Viale Egidio Galbani 70
Rome, 00156

Terna - Rete Elettrica Nazionale Società per Azioni Executives & BODs

Terna - Rete Elettrica Nazionale Società per Azioni Executives & BODs
# Name Age
1 Mr. Giacomo Donnini
Head of Development & Special Projects
70
2 Ruggero Recchioni
Head of Open Innovation
70
3 Ms. Giuseppina Di Foggia
Chief Executive Officer, GM & Independent Director
70
4 Ms. Emilia Rio
Head of Human Resources & Organisation
70
5 Mr. Luca Marchisio
Head of Strategy
70
6 Mr. Agostino Scornajenchi
Group Chief Financial Officer
70
7 Mr. Omar Al Bayaty
Head of External Communication & IR
70
8 Mr. Alessandro Fiocco
Head of Procurement
70
9 Mr. Leonardo Borri Roselli
Head of Project Execution Department
70
10 Gilberto Ricci
Engineering - Head of Technologies & Asset Management
70

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