(ACE) ACEA S.p.A. - Overview
Exchange: MI •
Country: Italy •
Currency: EUR •
Type: Common Stock •
ISIN: IT0001207098
Stock: Waste Management, Water Services, Energy, Lighting, Engineering
Total Rating 58
Risk 68
Buy Signal -0.62
| Risk 5d forecast | |
|---|---|
| Volatility | 22.1% |
| Relative Tail Risk | -2.72% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.61 |
| Alpha | 43.09 |
| Character TTM | |
|---|---|
| Beta | -0.041 |
| Beta Downside | -0.711 |
| Drawdowns 3y | |
|---|---|
| Max DD | 22.91% |
| CAGR/Max DD | 1.32 |
EPS (Earnings per Share)
Revenue
Description: ACE ACEA S.p.A. March 05, 2026
ACEA S.p.A. is an Italian multi-utility company with operations spanning several key segments. Its business model includes waste management, power generation, and water management. Multi-utility companies often benefit from diversified revenue streams, which can provide stability across different economic cycles.
The company generates electricity from a mix of hydro, thermal, and photovoltaic sources. This blend of renewable and traditional energy sources is common for utilities aiming to balance sustainability goals with reliable power supply. ACEA also engages in energy and gas distribution, public lighting, and engineering services.
ACEAs water management activities encompass the full cycle, including treatment and distribution. The water utility sector is characterized by high barriers to entry due to significant infrastructure requirements and regulatory oversight. Additionally, ACEA provides value-added environmental services, such as sludge management and waste-to-energy solutions.
For more detailed financial analysis and performance metrics, consider exploring ValueRay.
Headlines to watch out for
- Italian regulatory changes impact water and waste concessions
- Energy price fluctuations affect production and distribution costs
- Infrastructure investment cycles drive capital expenditure
- Hydrological conditions influence hydroelectric power generation
Piotroski VR‑10 (Strict, 0-10) 7.0
| Net Income: 673.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA 3.41 > 1.0 |
| NWC/Revenue: -4.17% < 20% (prev -31.81%; Δ 27.64% < -1%) |
| CFO/TA 0.26 > 3% & CFO 3.32b > Net Income 673.1m |
| Net Debt (4.96b) to EBITDA (1.67b): 2.97 < 3 |
| Current Ratio: 0.91 > 1.5 & < 3 |
| Outstanding Shares: last quarter (212.5m) vs 12m ago 0.0% < -2% |
| Gross Margin: 62.39% > 18% (prev 0.41%; Δ 6.20k% > 0.5%) |
| Asset Turnover: 43.03% > 50% (prev 30.16%; Δ 12.88% > 0%) |
| Interest Coverage Ratio: 18.45 > 6 (EBITDA TTM 1.67b / Interest Expense TTM 55.7m) |
Altman Z'' 1.14
| A: -0.02 (Total Current Assets 2.19b - Total Current Liabilities 2.41b) / Total Assets 12.75b |
| B: 0.13 (Retained Earnings 1.62b / Total Assets 12.75b) |
| C: 0.08 (EBIT TTM 1.03b / Avg Total Assets 12.44b) |
| D: 0.27 (Book Value of Equity 2.71b / Total Liabilities 10.03b) |
| Altman-Z'' Score: 1.14 = BB |
Beneish M -3.56
| DSRI: 0.54 (Receivables 900.5m/1.15b, Revenue 5.35b/3.66b) |
| GMI: 0.66 (GM 62.39% / 41.31%) |
| AQI: 1.06 (AQ_t 0.55 / AQ_t-1 0.52) |
| SGI: 1.46 (Revenue 5.35b / 3.66b) |
| TATA: -0.21 (NI 673.1m - CFO 3.32b) / TA 12.75b) |
| Beneish M-Score: -3.56 (Cap -4..+1) = AAA |
What is the price of ACE shares?
As of March 13, 2026, the stock is trading at EUR 24.00 with a total of 77,682 shares traded.
Over the past week, the price has changed by -2.56%, over one month by -6.86%, over three months by +8.25% and over the past year by +44.55%.
Over the past week, the price has changed by -2.56%, over one month by -6.86%, over three months by +8.25% and over the past year by +44.55%.
Is ACE a buy, sell or hold?
ACEA S.p.A. has no consensus analysts rating.
What are the forecasts/targets for the ACE price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 24.9 | 3.7% |
| Analysts Target Price | - | - |
ACE Fundamental Data Overview March 12, 2026
Market Cap USD = 5.89b (5.10b EUR * 1.1554 EUR.USD)
P/E Trailing = 12.973
P/E Forward = 12.1507
P/S = 1.2268
P/B = 1.8873
P/EG = 4.051
Revenue TTM = 5.35b EUR
EBIT TTM = 1.03b EUR
EBITDA TTM = 1.67b EUR
Long Term Debt = 5.41b EUR (from longTermDebt, last quarter)
Short Term Debt = 126.6m EUR (from shortTermDebt, last fiscal year)
Debt = 5.53b EUR (Calculated: Short Term 126.6m + Long Term 5.41b)
Net Debt = 4.96b EUR (from netDebt column, last quarter)
Enterprise Value = 10.11b EUR (5.10b + Debt 5.53b - CCE 524.3m)
Interest Coverage Ratio = 18.45 (Ebit TTM 1.03b / Interest Expense TTM 55.7m)
EV/FCF = 25.82x (Enterprise Value 10.11b / FCF TTM 391.6m)
FCF Yield = 3.87% (FCF TTM 391.6m / Enterprise Value 10.11b)
FCF Margin = 7.31% (FCF TTM 391.6m / Revenue TTM 5.35b)
Net Margin = 12.57% (Net Income TTM 673.1m / Revenue TTM 5.35b)
Gross Margin = 62.39% ((Revenue TTM 5.35b - Cost of Revenue TTM 2.01b) / Revenue TTM)
Gross Margin QoQ = 66.95% (prev 81.60%)
Tobins Q-Ratio = 0.79 (Enterprise Value 10.11b / Total Assets 12.75b)
Interest Expense / Debt = 0.21% (Interest Expense 11.4m / Debt 5.53b)
Taxrate = 18.28% (32.0m / 174.9m)
NOPAT = 840.3m (EBIT 1.03b * (1 - 18.28%))
Current Ratio = 0.91 (Total Current Assets 2.19b / Total Current Liabilities 2.41b)
Debt / Equity = 2.04 (Debt 5.53b / totalStockholderEquity, last quarter 2.71b)
Debt / EBITDA = 2.97 (Net Debt 4.96b / EBITDA 1.67b)
Debt / FCF = 12.66 (Net Debt 4.96b / FCF TTM 391.6m)
Total Stockholder Equity = 2.59b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.41% (Net Income 673.1m / Total Assets 12.75b)
RoE = 25.99% (Net Income TTM 673.1m / Total Stockholder Equity 2.59b)
RoCE = 12.86% (EBIT 1.03b / Capital Employed (Equity 2.59b + L.T.Debt 5.41b))
RoIC = 10.36% (NOPAT 840.3m / Invested Capital 8.11b)
WACC = 2.85% (E(5.10b)/V(10.63b) * Re(5.76%) + D(5.53b)/V(10.63b) * Rd(0.21%) * (1-Tc(0.18)))
Discount Rate = 5.76% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -81.65 | Cagr: -0.00%
[DCF] Terminal Value 80.82% ; FCFF base≈391.6m ; Y1≈257.0m ; Y5≈117.3m
[DCF] Fair Price = N/A (negative equity: EV 3.74b - Net Debt 4.96b = -1.22b; debt exceeds intrinsic value)
EPS Correlation: 45.65 | EPS CAGR: 33.53% | SUE: N/A | # QB: 0
Revenue Correlation: -18.68 | Revenue CAGR: -13.83% | SUE: 0.03 | # QB: 0
EPS next Year (2026-12-31): EPS=1.63 | Chg7d=-0.015 | Chg30d=+0.030 | Revisions Net=-1 | Growth EPS=-2.9% | Growth Revenue=+3.8%
P/E Trailing = 12.973
P/E Forward = 12.1507
P/S = 1.2268
P/B = 1.8873
P/EG = 4.051
Revenue TTM = 5.35b EUR
EBIT TTM = 1.03b EUR
EBITDA TTM = 1.67b EUR
Long Term Debt = 5.41b EUR (from longTermDebt, last quarter)
Short Term Debt = 126.6m EUR (from shortTermDebt, last fiscal year)
Debt = 5.53b EUR (Calculated: Short Term 126.6m + Long Term 5.41b)
Net Debt = 4.96b EUR (from netDebt column, last quarter)
Enterprise Value = 10.11b EUR (5.10b + Debt 5.53b - CCE 524.3m)
Interest Coverage Ratio = 18.45 (Ebit TTM 1.03b / Interest Expense TTM 55.7m)
EV/FCF = 25.82x (Enterprise Value 10.11b / FCF TTM 391.6m)
FCF Yield = 3.87% (FCF TTM 391.6m / Enterprise Value 10.11b)
FCF Margin = 7.31% (FCF TTM 391.6m / Revenue TTM 5.35b)
Net Margin = 12.57% (Net Income TTM 673.1m / Revenue TTM 5.35b)
Gross Margin = 62.39% ((Revenue TTM 5.35b - Cost of Revenue TTM 2.01b) / Revenue TTM)
Gross Margin QoQ = 66.95% (prev 81.60%)
Tobins Q-Ratio = 0.79 (Enterprise Value 10.11b / Total Assets 12.75b)
Interest Expense / Debt = 0.21% (Interest Expense 11.4m / Debt 5.53b)
Taxrate = 18.28% (32.0m / 174.9m)
NOPAT = 840.3m (EBIT 1.03b * (1 - 18.28%))
Current Ratio = 0.91 (Total Current Assets 2.19b / Total Current Liabilities 2.41b)
Debt / Equity = 2.04 (Debt 5.53b / totalStockholderEquity, last quarter 2.71b)
Debt / EBITDA = 2.97 (Net Debt 4.96b / EBITDA 1.67b)
Debt / FCF = 12.66 (Net Debt 4.96b / FCF TTM 391.6m)
Total Stockholder Equity = 2.59b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.41% (Net Income 673.1m / Total Assets 12.75b)
RoE = 25.99% (Net Income TTM 673.1m / Total Stockholder Equity 2.59b)
RoCE = 12.86% (EBIT 1.03b / Capital Employed (Equity 2.59b + L.T.Debt 5.41b))
RoIC = 10.36% (NOPAT 840.3m / Invested Capital 8.11b)
WACC = 2.85% (E(5.10b)/V(10.63b) * Re(5.76%) + D(5.53b)/V(10.63b) * Rd(0.21%) * (1-Tc(0.18)))
Discount Rate = 5.76% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -81.65 | Cagr: -0.00%
[DCF] Terminal Value 80.82% ; FCFF base≈391.6m ; Y1≈257.0m ; Y5≈117.3m
[DCF] Fair Price = N/A (negative equity: EV 3.74b - Net Debt 4.96b = -1.22b; debt exceeds intrinsic value)
EPS Correlation: 45.65 | EPS CAGR: 33.53% | SUE: N/A | # QB: 0
Revenue Correlation: -18.68 | Revenue CAGR: -13.83% | SUE: 0.03 | # QB: 0
EPS next Year (2026-12-31): EPS=1.63 | Chg7d=-0.015 | Chg30d=+0.030 | Revisions Net=-1 | Growth EPS=-2.9% | Growth Revenue=+3.8%