Stocktoria
A2A S.p.A. statistics & valuation
Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (€3.19); a green figure means the price is below it.
Profitability & efficiency
Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).
P / E vs its own history
A2A S.p.A. trades at about 9.8× earnings — near its 10-year norm (10-year range 8.3×–10.8×, median 10.6×).
Shaded band = 10-year range (8.3×–10.8×); dot = today's 9.8×.
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Gross margin | 23.5% | 26.7% | 20.0% | 10.6% |
| Operating margin | 8.3% | 10.3% | 6.2% | 2.4% |
| Net margin | 5.5% | 6.9% | 4.5% | 1.7% |
| FCF margin | 0.7% | -3.0% | -2.3% | 0.1% |
| Return on assets | 3.5% | 4.3% | 3.5% | 1.9% |
| Return on equity | 12.7% | 15.6% | 15.5% | 10.3% |
| Debt / equity | 1.02× | 1.12× | 1.28× | 1.47× |
| Current ratio | 1.05 | 1.11 | 1.11 | 1.15 |
Computed from company filings · IT · as of 2025-12-31. Figures in EUR. Facts plus Stocktoria's own computed scores — not investment advice.