ACEA SpA

Chart & Performance

D1W1MN

P/E

13.20

P/S

0.88

EPS

1.38

Div Yield, %

3.74%

Shrs. gr., 5y

-0.04%

Rev. gr., 5y

9.20%

Revenues

4.53b

-9.84%

Net income

294m

+5.07%

CFO

1.11b

+52.87%

Dividend

Jun 24, 20240.88 EUR/sh

Earnings

Mar 03, 2025

Profile

ACEA S.p.A., together with its subsidiaries, operates as a multi-utility company in Italy. The company operates through Environment, Commercial and Trading, Water, Energy Infrastructure, Engineering and Services, and Abroad segments. The Environment segment primarily engages in the treatment of waste and associated disposal. This segment also manages waste energy facility and composting plants in the Lazio, Umbria, and Tuscany regions; operates plastics recycling plant for sorting and recycling plastic packaging in the Piedmont and Valle d'Aosta regions; and produces energy from waste. The Commercial and Trading segment sells and supplies electrical energy and natural gas. The Water segment provides drinking water distribution services comprising collection, discharge, retail, and wholesale. This segment supplies water to approximately 9 million customers; and manages integrated water service in Rome and Frosinone, as well as in other parts of Lazio, Tuscany, Umbria, Molise, and Campania. The Energy Infrastructure segment runs hydroelectric, photovoltaic, thermoelectric plants in Lazio, Umbria, and Abruzzo; manages public and artistic lighting; and distributes approximately 10 Twh of electricity. The Engineering and Services segment research, designs, constructs, and manages integrated water systems. The Abroad segment manages the water activity in Latin America. ACEA S.p.A. was founded in 1909 and is headquartered in Rome, Italy.

URL

https://www.gruppo.acea.it/

IPO date

Jul 16, 1999

Employees

10,348

Domiciled in

Incorporated in

Valuation

Order:

Title EUR in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title EUR in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	4,532,155 -9.84%	5,026,999 30.95%	3,838,970 19.13%
Cost of revenue	3,346,141	3,451,923	2,373,700
Unusual Expense (Income)
NOPBT	1,186,014	1,575,076	1,465,270
NOPBT Margin	26.17%	31.33%	38.17%
Operating Taxes	147,755	186,777	150,662
Tax Rate	12.46%	11.86%	10.28%
NOPAT	1,038,259	1,388,299	1,314,608
Net income	293,908 5.07%	279,725 -10.72%	313,309 9.95%
Dividends	(145,213)	(146,238)	(96,743)
Dividend yield	4.94%	5.33%	2.43%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	922,950	1,097,944	415,603
Long-term debt	4,864,258	4,812,158	4,845,673
Deferred revenue		160,551	167,342
Other long-term liabilities	845,044	(49,325)	(86,177)
Net debt	4,333,581	4,967,771	4,262,688
Cash flow
Cash from operating activities	1,110,919	726,703	759,521
CAPEX	(1,142,690)	(1,050,303)	(981,266)
Cash from investing activities	(1,299,341)	(862,752)	(1,051,231)
Cash from financing activities	(12,107)	8,795	324,042
FCF	844,755	1,145,276	1,183,289
Balance
Cash	362,010	562,575	683,120
Long term investments	1,091,617	379,756	315,468
Excess cash	1,227,019	690,981	806,640
Stockholders' equity	2,823,084	3,772,368	3,526,276
Invested Capital	8,134,495	7,904,578	6,895,382
ROIC	12.95%	18.76%	20.82%
ROCE	12.67%	18.32%	18.18%
EV
Common stock shares outstanding	212,548	212,548	212,548
Price	13.83 7.04%	12.92 -31.13%	18.76 9.39%
Market cap	2,939,539 7.04%	2,746,120 -31.13%	3,987,400 9.39%
EV	7,718,923	8,177,866	8,642,537
EBITDA	1,831,920	2,167,146	2,007,927
EV/EBITDA	4.21	3.77	4.30
Interest	154,530	86,435	79,513
Interest/NOPBT	13.03%	5.49%	5.43%