Stocktoria
A2A S.p.A. (A2A.MI) earns a Piotroski F-score of 6/9 (mixed financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2025 revenue was €13.7B at a 5.5% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
How it ranks in Utilities · percentile among 44 companies
Percentile vs other Utilities companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 6/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | 0.016 |
| Retained earnings / assets | 0.035 |
| EBIT / assets | 0.054 |
| Equity / liabilities | 0.397 |
About A2A S.p.A.
A2A S.p.A. engages in the production, sale, and distribution of gas and electricity, and district heating in Italy and internationally. It generates electricity through hydroelectric, thermoelectric, photovoltaic, and wind plants; and sells and distributes gas. The company also engages in the production and sale of heat produced through district heating networks; waste management activities, including collection and street sweeping, treatment, disposal, and recovery of materials and energy; and the construction and management of integrated waste disposal plants and systems. In addition, it offers integrated water cycle management services; and technical consultancy services relating to energy efficiency certificates. Further, the company is involved in the management of public lighting systems and street lights, and water purification and sewer activities, as well as offers garbage collection, street sweeping, video surveillance, energy efficiency, and electric mobility services. A2A S.p.A. is headquartered in Milan, Italy.
FAQ
Is A2A.MI financially healthy?
A2A S.p.A.'s Piotroski F-score is 6/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does A2A.MI pay a dividend?
No, A2A S.p.A. does not currently pay a dividend.
How profitable is A2A.MI?
In FY2025, A2A S.p.A. had a net margin of 5.5% and a return on equity of 12.7%.
Is A2A.MI overvalued or undervalued?
A2A S.p.A. trades at about 9.6× trailing earnings — near its 10-year norm (10-year range 8.3×–10.8×, median 10.6×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for A2A.MI?
The average Wall-Street price target for A2A S.p.A. is €2.82, about 22.4% above the recent price, from 7 analysts (consensus: buy).
Is A2A.MI a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on A2A S.p.A.: a Piotroski F-score of 6/9, an Altman Z″ in the distress zone, a P/E of about 9.6×. Weigh these quality and valuation signals against your own goals.
Computed from company filings · IT · as of 2025-12-31. Figures in EUR. Facts plus Stocktoria's own computed scores — not investment advice.