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Ascopiave S.p.A. (ASC.MI)

EUR3.08 -0.02 (-0.49%)
IT MIL Utilities Regulated Gas
Address Via Verizzo, 1030 31053
Pieve di Soligo, TV, IT
CEO Nicola Cecconato
IPO 2006-12-12
ISIN IT0004093263

Explore sections of this company profile

Also trades on Italian Stock Exchange · ASC.MI (EUR) Other OTC · ASCOF (USD)
Description

Ascopiave S.p.A. engages in the distribution of natural gas in Italy. It operates through Gas Distribution, Renewable Energy, and Other segments. The company holds concessions and direct assignments for the management of gas distribution in various municipalities; and provides services to users through a distribution network, as well as to catchment area. It also involved in the renewable energy and integrated water service sector; heat management and cogeneration activities; and production of energy from renewable sources through the management of hydroelectric, photovoltaic, and wind power plants. The company was founded in 1956 and is headquartered in Pieve di Soligo, Italy. Ascopiave S.p.A. is a subsidiary of Asco Holding SpA.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
EUR3.08 -0.02 (-0.49%)
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Volume Profile
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Liquidity & share structure
Average Volume
141.8K
Beta
0.83
Float Shares
65.83M
Free Float %
30.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-2.04% -6.87% -12.36% -13.33% -6.31% -5.17% +4.00% +15.13% -16.80% +43.78% +64.30%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
3.08
DCF (Unlevered) 32.11 +944.2%
DCF (Levered) 1.70 -44.8%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 0% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 3 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.90
Distress
Piotroski F-Score
4 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
3 / 5
Medium
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Regulated Gas: +4.9%
    +19.2% Q1'26: +29.2% (vs Q1'25)
  • EPS growth Regulated Gas: +13.8%
    +135.3% Q1'26: -19.6% (vs Q1'25)
  • FCF margin FCF growth · Regulated Gas: +30.8%
    +43.7% Q1'26: +96.5% (vs Q1'25)
  • EBIT margin Regulated Gas: +12.9%
    +37.6% Q1'26: +23.8% (vs Q1'25)
  • ROIC Regulated Gas: +4.7%
    +5.2% Q1'26: +2.9% (vs Q1'25)
  • Share dilution Regulated Gas: 0.0%
    +0.4% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Regulated Gas: 2.21×
    4.06× Q1'26: 4.68× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.82) × ERP
WACC = 52% × Ke + 48% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 31.19 Current price: 3.08
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
3 EPS Ana.
Dec 2027
3 Rev. Ana.
3 EPS Ana.
Dec 2028
2 Rev. Ana.
2 EPS Ana.
Dec 2029
1 Rev. Ana.
Revenue
581.65M
est: 531.00M (+9.5%)
497.69M
est: 453.00M (+9.9%)
532.79M
est: 543.43M (-2.0%)
581.65M
est: 604.00M (-3.7%)
124.91M
est: 122.96M (+1.6%)
163.90M
est: 193.63M (-15.4%)
134.91M
est: 145.25M (-7.1%)
163.65M
est: 165.57M (-1.2%)
180.79M
est: 195.99M (-7.8%)
204.96M
est: 189.23M (+8.3%)
244.32M
est: 249.70M (-2.2%)
275.28M
271.69M – 278.42M
+10.2% YoY
290.83M
283.47M – 297.29M
+5.6% YoY
303.13M
301.17M – 305.10M
+4.2% YoY
307.70M
303.70M – 311.22M
+1.5% YoY
EBITDA
78.79M
est: 278.76M (-71.7%)
82.95M
est: 237.81M (-65.1%)
82.81M
est: 285.29M (-71.0%)
42.14M
est: 317.08M (-86.7%)
45.51M
est: 64.55M (-29.5%)
84.93M
est: 101.65M (-16.4%)
69.87M
est: 76.25M (-8.4%)
82.30M
est: 86.92M (-5.3%)
100.97M
est: 141.93M (-28.9%)
108.09M
est: 137.04M (-21.1%)
154.10M
est: 180.83M (-14.8%)
199.35M
196.76M – 201.63M
+10.2% YoY
210.61M
205.28M – 215.29M
+5.6% YoY
219.52M
218.10M – 220.94M
+4.2% YoY
222.83M
219.93M – 225.38M
+1.5% YoY
EBIT
65.02M
est: 146.09M (-55.5%)
79.94M
est: 124.63M (-35.9%)
67.42M
est: 149.51M (-54.9%)
22.48M
est: 166.17M (-86.5%)
22.18M
est: 33.83M (-34.4%)
50.85M
est: 53.27M (-4.5%)
37.36M
est: 39.96M (-6.5%)
43.10M
est: 45.55M (-5.4%)
52.74M
est: 94.23M (-44.0%)
56.31M
est: 90.98M (-38.1%)
91.97M
est: 120.05M (-23.4%)
132.35M
130.63M – 133.86M
+10.2% YoY
139.83M
136.29M – 142.93M
+5.6% YoY
145.74M
144.80M – 146.69M
+4.2% YoY
147.94M
146.01M – 149.63M
+1.5% YoY
Net Income
43.01M
est: 33.03M (+30.2%)
53.64M
est: 42.61M (+25.9%)
47.14M
est: 39.76M (+18.5%)
44.63M
est: 37.72M (+18.3%)
14.48M
est: 187.17M (-92.3%)
58.70M
est: 30.36M (+93.4%)
45.33M
est: 30.64M (+47.9%)
32.66M
est: 31.65M (+3.2%)
36.18M
est: 41.95M (-13.8%)
35.82M
est: 32.45M (+10.4%)
86.85M
est: 46.51M (+86.7%)
38.90M
36.83M – 42.65M
-16.4% YoY
42.62M
38.01M – 45.44M
+9.6% YoY
45.38M
39.37M – 48.56M
+6.5% YoY
— – —
-100.0% YoY
SGA
30.26M
est: 62.69M (-51.7%)
29.04M
est: 53.48M (-45.7%)
36.41M
est: 64.16M (-43.2%)
51.22M
est: 71.31M (-28.2%)
61.78M
est: 14.52M (+325.5%)
75.36M
est: 22.86M (+229.6%)
4.72M
est: 17.15M (-72.5%)
7.39M
est: 19.55M (-62.2%)
4.77M
est: 8.47M (-43.7%)
4.93M
est: 8.18M (-39.8%)
20.89M
est: 10.79M (+93.6%)
11.90M
11.74M – 12.03M
+10.2% YoY
12.57M
12.25M – 12.85M
+5.6% YoY
13.10M
13.01M – 13.18M
+4.2% YoY
13.30M
13.12M – 13.45M
+1.5% YoY
EPS
0.19
est: 0.15 (+24.1%)
0.24
est: 0.20 (+21.5%)
0.21
est: 0.18 (+14.0%)
0.20
est: 0.17 (+14.4%)
0.06
est: 0.87 (-92.5%)
0.26
est: 0.14 (+84.8%)
0.21
est: 0.14 (+47.9%)
0.15
est: 0.15 (+2.3%)
0.17
est: 0.19 (-12.2%)
0.17
est: 0.15 (+13.3%)
0.40
est: 0.22 (+86.0%)
0.18
0.17 – 0.20
-16.1% YoY
0.19
0.18 – 0.21
+7.7% YoY
0.20
0.18 – 0.22
+4.6% YoY
— – —
-100.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 A 4/5 4/5 3/5 5/5 3/5 4/5 4/5
2026-05-08 A 4/5 4/5 3/5 5/5 3/5 4/5 4/5
2026-05-07 A 4/5 4/5 3/5 5/5 3/5 4/5 4/5
2026-05-06 A 4/5 4/5 3/5 5/5 3/5 4/5 4/5
2026-05-05 A 4/5 4/5 3/5 5/5 3/5 4/5 4/5
2026-05-04 A 4/5 4/5 3/5 5/5 3/5 4/5 4/5
2026-04-30 A+ 4/5 4/5 4/5 5/5 3/5 4/5 4/5
2026-04-29 A- 4/5 3/5 3/5 5/5 2/5 4/5 4/5
2026-04-28 A- 4/5 3/5 3/5 5/5 2/5 4/5 4/5
2026-04-27 A- 4/5 3/5 3/5 5/5 2/5 4/5 4/5
2026-04-24 A- 4/5 3/5 3/5 5/5 2/5 4/5 4/5
2026-04-23 A- 4/5 3/5 3/5 5/5 2/5 4/5 4/5
2026-04-22 A- 4/5 3/5 3/5 5/5 2/5 4/5 4/5
2026-04-21 A- 4/5 3/5 3/5 5/5 2/5 4/5 4/5
2026-04-20 A- 4/5 3/5 3/5 5/5 2/5 4/5 4/5
2026-04-17 A- 4/5 3/5 3/5 5/5 2/5 4/5 4/5
2026-04-16 A- 4/5 3/5 3/5 5/5 2/5 4/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
119.29M
OE per share TTM
0.55
Owner's Yield
17.28%
Maintenance CapEx ratio
101.48%
Maint CapEx / Avg PPE
63.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 55 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 WisdomTree Europe SmallCap Dividend UCITS ETF Acc DFEA.L 0.14% 124.5K 0.38%
2 WisdomTree Europe SmallCap Dividend UCITS ETF WTES.DE 0.14% 124.5K 0.38%
3 WisdomTree Europe Equity Income UCITS ETF WTEE.DE 0.10% 239.0K 0.29%
4 WisdomTree Europe Equity Income UCITS ETF Acc EEIA.L 0.10% 239.0K 0.29%
5 WisdomTree International SmallCap Dividend Fund DLS 0.09% 937.3K 0.58%
6 WisdomTree Dynamic International SmallCap Equity ETF DDLS 0.08% 345.7K 0.48%
7 WisdomTree International High Dividend Fund DTH 0.05% 282.7K 0.58%
8 UBS MSCI EMU Small Cap UCITS ETF EUR dis UEFD.DE 0.04% 301.2K 0.33%
9 iShares MSCI EMU Small Cap UCITS ETF CES1.L 0.04% 421.0K 0.58%
10 Amundi MSCI EMU Small Cap ESG Broad Transition UCITS ETF Dist MMS.PA 0.03% 200.7K 0.40%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
125.5K
Shares Outstanding
216.44M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Antonio Vendraminelli Distribution SBU Director & Chief Technology Officer of AP Reti Gas male
Federica Stevanin Deputy GM of Legal, Corporate Affairs, Compliance & Susta. Dep. female
Nicola Cecconato Chairman, President & Chief Executive Officer
Riccardo Paggiaro Chief Financial Officer
Sandro Piazza Head of Internal Audit Department male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits