Snam operates three regulated segments: transportation, storage, and regasification/LNG. The transportation business, mainly natural gas pipelines, is the dominant earnings contributor, representing around 82% of group EBIT. Storage accounts for roughly 18%, while regasification remains marginal.
Snam has high earnings and dividend visibility, as its main businesses earn regulated returns.
Investments in the energy transition do not strengthen the company’s moat, especially in biomethane and carbon capture.
|
Metric
|
SRG
|
NGG
|
ED
|
|---|---|---|---|
Price/Earnings (Normalized) | 16.15 | 16.49 | 17.88 |
Price/Book Value | 2.00 | 1.45 | 1.49 |
Price/Sales | 4.70 | 3.16 | 2.13 |
Price/Cash Flow | 6.29 | 10.48 | 7.50 |
|
Metric
|
SRG
|
NGG
|
ED
|
|---|---|---|---|
Quick Ratio | 0.56 | 0.65 | 0.75 |
Current Ratio | 0.76 | 0.76 | 1.19 |
Interest Coverage | 4.63 | 3.31 | 3.27 |
|
Metric
|
SRG
|
NGG
|
ED
|
|---|---|---|---|
Return on Assets (Normalized) | 4.05% | 3.63% | 2.80% |
Return on Equity (Normalized) | 15.03% | 10.13% | 8.38% |
Return on Invested Capital (Normalized) | 8.71% | 5.67% | 5.78% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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United States