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Hera S.p.A. (HER.MI)
Bologna, BO, IT
Hera S.p.A., an Italian multi-utility company founded in Bologna in 2002, delivers a comprehensive suite of essential services across the nation. Its core operations encompass energy, water, and waste management. In the energy sector, Hera handles the distribution and sale of methane and natural gas, provides district heating, and is actively involved in the generation, distribution, and retailing of electricity. For water services, the company manages the complete cycle, including the collection and treatment of drinking water for both residential and industrial supply, as well as sewerage and wastewater treatment. Hera oversees water utilities in 227 municipalities, serving an estimated 3.6 million inhabitants through an extensive water network spanning 35,080 kilometers. Its environmental services include street sweeping, waste collection, transportation, processing for recovery, and final disposal. Additionally, Hera offers public lighting and telecommunications services, and maintains a gas distribution network stretching approximately 19,953 kilometers.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.96% | -2.62% | -7.14% | -12.29% | -6.68% | -5.76% | -10.21% | +27.45% | +8.83% | +48.94% | +107.54% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
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.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 2 | 0 |
| Hold | 2 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Diversified Utilities: +5.3%-1.9% Q1'26: -18.6% (vs Q1'25)
-
EPS growth Diversified Utilities: +4.4%-5.9% Q1'26: -9.1% (vs Q1'25)
-
FCF margin FCF growth · Diversified Utilities: +8.5%+3.1% ★ Q1'26: +6.9% (vs Q1'25)
-
EBIT margin Diversified Utilities: +20.5%+6.3% Q1'26: +7.1% (vs Q1'25)
-
ROIC Diversified Utilities: +4.5%+6.7% ★ Q1'26: +7.9% (vs Q1'25)
-
Share dilution Diversified Utilities: -0.2%+1.6% Q1'26: +1.8% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Diversified Utilities: 3.55×3.26× ★ Q1'26: 3.53× (vs Q1'25)
* 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.
| 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 5 Rev. Ana. 5 EPS Ana. |
Dec 2027 5 Rev. Ana. 5 EPS Ana. |
Dec 2028 4 Rev. Ana. 4 EPS Ana. |
Dec 2029 3 Rev. Ana. 2 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
4.48B
est: 4.67B (-4.0%)
|
4.45B
est: 4.69B (-5.2%)
|
5.61B
est: 5.26B (+6.7%)
|
6.12B
est: 5.97B (+2.6%)
|
6.91B
est: 6.71B (+2.9%)
|
7.08B
est: 7.09B (-0.2%)
|
10.56B
est: 8.38B (+26.0%)
|
19.87B
est: 18.01B (+10.4%)
|
15.41B
est: 12.69B (+21.5%)
|
13.06B
est: 14.26B (-8.4%)
|
12.81B
est: 12.81B (+0.0%)
|
12.84B
11.94B – 13.54B
+0.2% YoY
|
13.02B
12.76B – 13.51B
+1.4% YoY
|
13.28B
13.24B – 13.32B
+2.0% YoY
|
13.02B
12.44B – 13.62B
-2.0% YoY
|
| EBITDA |
821.60M
est: 453.24M (+81.3%)
|
818.90M
est: 455.15M (+79.9%)
|
853.20M
est: 510.32M (+67.2%)
|
902.40M
est: 579.02M (+55.9%)
|
1.06B
est: 651.67M (+62.0%)
|
971.70M
est: 688.43M (+41.1%)
|
1.02B
est: 813.12M (+26.0%)
|
1.01B
est: 1.75B (-42.0%)
|
1.36B
est: 1.19B (+14.8%)
|
1.46B
est: 1.33B (+9.1%)
|
1.54B
est: 1.20B (+28.2%)
|
1.20B
1.12B – 1.27B
+0.2% YoY
|
1.22B
1.19B – 1.26B
+1.4% YoY
|
1.24B
1.24B – 1.25B
+2.0% YoY
|
1.22B
1.16B – 1.27B
-2.0% YoY
|
| EBIT |
482.90M
est: 257.99M (+87.2%)
|
472.70M
est: 259.07M (+82.5%)
|
483.30M
est: 290.48M (+66.4%)
|
516.90M
est: 329.58M (+56.8%)
|
627.20M
est: 370.93M (+69.1%)
|
516.10M
est: 391.86M (+31.7%)
|
561.20M
est: 462.83M (+21.3%)
|
535.60M
est: 994.67M (-46.2%)
|
842.90M
est: 674.78M (+24.9%)
|
894.10M
est: 758.50M (+17.9%)
|
802.90M
est: 681.39M (+17.8%)
|
682.74M
635.31M – 720.30M
+0.2% YoY
|
692.47M
678.78M – 718.87M
+1.4% YoY
|
706.47M
704.51M – 708.43M
+2.0% YoY
|
692.31M
661.50M – 724.52M
-2.0% YoY
|
| Net Income |
180.00M
est: 183.59M (-2.0%)
|
207.30M
est: 196.48M (+5.5%)
|
251.40M
est: 245.62M (+2.4%)
|
281.90M
est: 268.60M (+5.0%)
|
385.70M
est: 306.16M (+26.0%)
|
302.70M
est: 297.51M (+1.7%)
|
333.50M
est: 343.18M (-2.8%)
|
255.20M
est: 324.17M (-21.3%)
|
441.40M
est: 405.90M (+8.7%)
|
494.50M
est: 437.28M (+13.1%)
|
464.30M
est: 465.20M (-0.2%)
|
468.30M
452.95M – 469.02M
+0.7% YoY
|
490.20M
461.66M – 499.86M
+4.7% YoY
|
512.53M
478.14M – 537.86M
+4.6% YoY
|
503.85M
474.70M – 534.31M
-1.7% YoY
|
| SGA |
12.00M
est: 623.70M (-98.1%)
|
12.20M
est: 626.33M (-98.1%)
|
4.30M
est: 702.24M (-99.4%)
|
76.50M
est: 796.78M (-90.4%)
|
2.38B
est: 896.76M (+165.1%)
|
2.34B
est: 947.34M (+146.8%)
|
2.36B
est: 1.12B (+110.7%)
|
2.10B
est: 2.40B (-12.8%)
|
56.60M
est: 873.46M (-93.5%)
|
64.50M
est: 981.83M (-93.4%)
|
87.00M
est: 882.01M (-90.1%)
|
883.76M
822.37M – 932.37M
+0.2% YoY
|
896.36M
878.63M – 930.53M
+1.4% YoY
|
914.48M
911.94M – 917.01M
+2.0% YoY
|
896.15M
856.27M – 937.84M
-2.0% YoY
|
| EPS |
0.12
est: 0.13 (-5.7%)
|
0.14
est: 0.14 (+2.7%)
|
0.17
est: 0.17 (-0.2%)
|
0.19
est: 0.19 (+2.0%)
|
0.26
est: 0.21 (+22.5%)
|
0.21
est: 0.21 (+1.8%)
|
0.23
est: 0.24 (-3.4%)
|
0.18
est: 0.22 (-19.5%)
|
0.31
est: 0.28 (+10.2%)
|
0.34
est: 0.30 (+14.0%)
|
0.32
est: 0.31 (+2.4%)
|
0.31
0.31 – 0.32
+0.4% YoY
|
0.33
0.32 – 0.34
+4.7% YoY
|
0.34
0.33 – 0.37
+4.3% YoY
|
0.34
0.32 – 0.36
+0.4% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-13 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 2/5 | 4/5 | 3/5 |
| 2026-05-12 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 2/5 | 4/5 | 3/5 |
| 2026-05-11 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 2/5 | 4/5 | 3/5 |
| 2026-05-08 | B | 3/5 | 1/5 | 4/5 | 4/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-07 | B | 3/5 | 1/5 | 4/5 | 4/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-06 | B | 3/5 | 1/5 | 4/5 | 4/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-05 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 2/5 | 4/5 | 3/5 |
| 2026-05-04 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 2/5 | 4/5 | 3/5 |
| 2026-04-30 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 2/5 | 4/5 | 3/5 |
| 2026-04-29 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 2/5 | 4/5 | 3/5 |
| 2026-04-28 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 2/5 | 4/5 | 3/5 |
| 2026-04-27 | B+ | 3/5 | 1/5 | 4/5 | 4/5 | 2/5 | 4/5 | 3/5 |
| 2026-04-24 | B | 3/5 | 1/5 | 4/5 | 4/5 | 2/5 | 3/5 | 3/5 |
| 2026-04-23 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-04-22 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-04-21 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-04-20 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-04-17 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-04-16 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 2/5 | 3/5 | 3/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | State Street SPDR S&P Euro Dividend Aristocrats UCITS ETF (Dist) EUDV.L | 2.49% | 48.11M | 0.30% |
| 2 | Amundi S&P Eurozone Dividend Aristocrat Screened UCITS ETF Acc EDIV.L | 1.90% | 860.9K | 0.30% |
| 3 | State Street SPDR EURO STOXX Low Volatility UCITS ETF (Acc) ZPRL.DE | 1.13% | 401.7K | 0.30% |
| 4 | iShares EURO STOXX Small UCITS ETF DJSC.L | 1.07% | 5.24M | 0.40% |
| 5 | Amundi Global Gender Equality UCITS ETF Acc ELLE.L | 0.61% | 259.9K | 0.20% |
| 6 | UBS MSCI EMU Small Cap UCITS ETF EUR dis UEFD.DE | 0.59% | 4.37M | 0.33% |
| 7 | iShares MSCI EMU Small Cap UCITS ETF CES1.L | 0.58% | 6.12M | 0.58% |
| 8 | Xtrackers Euro Stoxx Quality Dividend UCITS ETF 1D XD3E.L | 0.55% | 4.73M | 0.30% |
| 9 | Amundi Italy MIB ESG UCITS ETF Acc FMI.PA | 0.53% | 1.13M | 0.18% |
| 10 | Inspire International ETF WWJD | 0.51% | 2.69M | 0.61% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Cristian Fabbri | Executive Chairman | 809.9K | male |
| Orazio Iacono | Chief Executive Officer, Renewable Energies ad interim & Director | 809.6K | male |
| Filippo Maria Bocchi | Manager of Shared Value & Sustainability | — | male |
| Francesca Leoni | Group Manager of Legal & Corporate Affairs | — | female |
| Franco Sami | Director of the Technical Services Department | — | male |
| Giuseppe Gagliano | Group Manager of Communication & External Affairs | — | male |
| Jens Klint Hansen | Manager of Investor Relations | — | male |
| Massimo Vai | Group Manager of Administration, Finance & Control | — | male |
| Mauro Tiviroli | Chief Executive Officer of Marche Multiservizi SPA | — | male |
| Alessandro Camilleri | Personnel & Organization Group Manager | — | male |
| Roberto Gasparetto | General Manager and Chairman of AcegasApsAmga SPA | — | male |
| Andrea Ramonda | CEO of HERAMBIENTE S.p.A. & Ad Interim Manager of Utilities Market | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for HER.MI
Short-term intention
Target Price Distribution
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.
