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Sector: Services aux Collectivités
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ERG SpA

ERG.MI Mid Cap

Utilities · Utilities - Renewable

Mis à jour: Aug 2, 2026, 22:14 UTC

22,02 €
+3.57% aujourd'hui
52W: 18,65 € – 26,18 €
52W Low: 18,65 € Position: 44.8% 52W High: 26,18 €

Price Chart

Indicateurs clés

P/E Ratio
38.63x
Cours/Bénéfice
Forward P/E
18.92x
P/E prévisionnel
P/S Ratio
4.14x
Cours/Ventes
EV/EBITDA
10.1x
Valeur d'entreprise/EBITDA
Rend. dividende
4.54%
Rendement annuel du dividende
Cap. boursière
2,8 Md €
Capitalisation boursière
Croissance du CA
Croissance du CA sur un an
Marge bénéficiaire
6.63%
Marge nette
ROE
4.06%
Rentabilité des capitaux propres
Beta
Sensibilité au marché
Positions vendeuses
% du flottant vendu à découvert
Volume moyen
262,164
Volume quotidien moyen

Valuation Analysis

Signal
Overvalued
vs. S&P 500 avg P/E (24.7x)
Analyst Consensus
Conserver
8 analysts
Avg. Price Target
23,48 €
+6.61% upside
Target Range
17,00 € – 27,80 €

About the Company

Sector: Utilities Industry: Utilities - Renewable Country: Italy Employees: 648 Exchange: MIL

ERG SpA en bref

ERG SpA (ERG.MI) is currently trading at 22,02 € with a market capitalization of 2,8 Md €. The trailing P/E ratio stands at 38.63x, with a forward P/E of 18.92x. The 52-week range spans from 18,65 € to 26,18 €; the current price is 15.9% below the yearly high.

💰 Dividende

ERG SpA pays an annual dividend of 1,00 € per share, representing a yield of 4.54%. The payout ratio stands at 176.68%. The elevated payout ratio reflects a mature dividend policy.

📊 Avis des analystes

8 analystes évaluent ERG SpA (ERG.MI) au consensus : Conserver. L'objectif de cours moyen est de 23,48 €, soit un potentiel de +6.61% par rapport au cours actuel. La fourchette des objectifs de cours des analystes va de 17,00 € à 27,80 €.

ERG SpA : la thèse d'investissement en détail

ERG SpA (ERG.MI) operates in the Utilities — specifically Utilities - Renewable — and is headquartered in Italy. Below is a structured read of the investment case built directly from the latest fundamentals, valuation multiples, analyst positioning and smart-money flows. Each section translates raw numbers into the investment logic they imply, so you can decide whether the risk/reward fits your portfolio.

Le scénario haussier

With a gross margin near 74.83%, the company sits in the top tier of its industry — these are the kinds of structural margins that protect earnings during downturns.

Le scénario baissier

Our valuation screen flags the stock as overvalued — current multiples imply the business needs to deliver well above its recent trajectory to justify the price.

Valorisation en contexte

With a PEG ratio of 0.94, the price-to-earnings multiple is actually below the company's growth rate — classic value-meets-growth territory that Peter Lynch would have called a 'GARP' opportunity.

À surveiller

  • The forward P/E of 18.92x is meaningfully below the trailing 38.63x — analysts expect earnings to step up; the next earnings release is the test.

Thèse d'investissement : forces et faiblesses

Points forts
  • Marge brute élevée de 74.83% — signe d'un pouvoir de fixation des prix
  • Rendement du dividende solide de 4.54%
  • Free cash flow positif
Points faibles
  • Actuellement jugée surévaluée

Aperçu technique

MM 50 jours
23,17 €
-4.96% vs. cours
MM 200 jours
22,62 €
-2.65% vs. cours
Sous le plus haut 52s
−15.9%
26,18 €
Au-dessus du plus bas 52s
+18.1%
18,65 €

The price is in a transition zone relative to the moving averages — no clear signal.

Profil de risque

Dette/Capitaux propres
137.03 · Élevé
Dette totale / capitaux propres

The data points to higher leverage relative to equity.

Trading Data

50-Day MA: 23,17 €
200-Day MA: 22,62 €
Volume: 642,474
Avg. Volume: 262,164
Short Ratio:
P/B Ratio: 1.57x
Debt/Equity: 137.03x
Free Cash Flow: 74 M €

💵 Dividend Info

Dividend Yield
4.54%
Annual Rate
1,00 €
Payout Ratio
176.68%

Related Stocks in the Same Sector

NEE
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SO
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DUK
Duke Energy Corporation (Holdin
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CEG
Constellation Energy Corporatio
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AEP
American Electric Power Company
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D
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More Services aux Collectivités stocks

Top peers in the same sector — ranked by market cap.

NextEra Energy, Inc.
NEE
157,2 Md €
Southern Company (The)
SO
94,3 Md €
Duke Energy Corporation (Holdin
DUK
84,8 Md €
Constellation Energy Corporatio
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81,3 Md €
American Electric Power Company
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60,3 Md €
Dominion Energy, Inc.
D
52,7 Md €
View full Services aux Collectivités sector page →

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