Italgas stock
IG.MIMILItalgas S.p.A., UtilitiesISIN IT0005211237
64Score 64 out of 100, Neutral
Price and trend
58 / 100
Price history
−0.1% in one yearThe chart shows daily closes over 10 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 4.0% below it.
Since August 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Overheated: the price has risen very quickly lately (RSI 73).
The price is 17% below its 52-week high. Largest decline in 10 years: 35% (February 2020 to March 2020).
Chart figures for advanced users
- SMA 50$9.53
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$10.76
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)73
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$8.98
- The lowest closing price of the last twelve months.
- Resistance$12.44
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Italgas S.p.A. belongs to the Regulated Gas industry (Italy) and, with a market value of $10.52B, is number 10 of 27 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $3.9B (up 39.6% year on year) and earnings of $748.07M (up 40.4%).
- MEQIRI Score 64 out of 100 (Neutral): rank 15 of 201 in Utilities, median 54.
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- The P/E is 10.6 (Regulated Gas median 19.6, own median of recent years 10.8).
- Our model puts fair value at $14.19, with the price 28% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- High marginNet margin 25.3% over the last 12 months, Regulated Gas median 12.6%.Profitability 79
- Growing faster than its industryRevenue up 11.3% a year since 2020, Regulated Gas median 7.3%.Growth 76
Weaknesses
- High debtDebt 2.94 times equity (latest quarter), Regulated Gas median 1.29.Stability 45
- DilutionShare count up 26% since 2020.Capital allocation 43
Its standout strengths are profitability and valuation, while stability and capital allocation hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
The fundamentals are in the middle range.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk medium
How well MEQIRI warnsIn the middle among smaller stocks.
From 2016 to 2025, 20 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What lowers it
- calm price action
Valuation
Valuation signal
Modestly undervaluedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $10.13 and expensive above $23.64 (uncertainty high, one part of the fair value is more than twice the other).
The two parts of the fair value come to $9.30 (cash-flow model) and $19.07 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 8.9%. At 9.9% the fair value would be $13.45, at 7.9% it would be $15.25.
Valuation metrics
Half from the dividend model, half from earnings times the industry P/E (19.6).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Jun 2026, revenue rose 52.1% on the twelve months before. Revenue has grown solidly since 2013, at about 8% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 44%, operating 33%, net 19%. Last 12 months: net 25%.
Debt & balance sheet
latest quarterDebt is elevated. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- No date announced.
- Last reported
- 29 Oct 2026EPS reported $0.21 (expected $0.21)in line with expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $0.83+0.6%
- Revenue
- $3.17B+2.2%
- Earnings per share
- $0.87−2.0%
- Revenue
- $3.34B+1.8%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook confirmed
Share price after the results: −3.3%2026 guidance confirmed, probably in the higher part of the range.
“Regarding the second half, let me say that we have given the guidance, 2026 guidance 1 month ago, maybe less 1, 2 months ago.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 27 Jul 2026 (fiscal Q2 2026), read by AI.
What happened at Italgas
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
201 rated companies in Utilities
- This company
- 64
- Sector median
- 54
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Regulated Gas
The next larger and next smaller companies by market value
- Osaka Gas9532.T $13.67B61
- GAIL (India)GAIL.NS $13.33B68
- Tokyo Gas9531.T $13.22B70
- AltaGasALA.TO $12.22B51
- ENN Natural Gas600803.SS $9.61B62
- UGIUGI $8.05B55
- ENN Energy Holdings2688.HK $7.03B59
- Adani Total GasATGL.NS $6.83B51
ETFs that hold Italgas
Held by 106 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Deka EURO iSTOXX ex Fin Dividend+ UCITS ETFELFC | 2.18% | 0.31% | €385.1M |
| Invesco EURO STOXX High Dividend Low Volatility UCITS ETFEHDV | 2.12% | 0.30% | €591.5M |
| UBS Factor MSCI EMU Low Volatility UCITS ETF EUR disUIMY | 1.39% | 0.25% | €9.25M |
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| State Street SPDR EURO STOXX Low Volatility UCITS ETF (Acc)ZPRL | 1.06% | 0.30% | €29.81M |
| Xtrackers Euro Stoxx Quality Dividend UCITS ETF 1DDXSA | 1.02% | 0.30% | €792.98M |
| UBS Global Gender Equality UCITS ETF hEUR accGGUE | 1.00% | 0.23% | €188.95M |
| iShares STOXX Europe 600 Utilities UCITS ETF (DE)EXH9 | 0.89% | 0.46% | €886.23M |
| State Street SPDR MSCI Europe Utilities UCITS ETFSPYU | 0.89% | 0.18% | €721.11M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 11 Nov 2026 ($1 = €0.8987)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 2 May 2025)
- Valuation signal Fairly valued since 8 Nov 2026, previously Undervalued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.