- Snam projects an adjusted net income of approximately €1.35 billion for 2025, up from an estimate of €1.25 billion.
- The company expects an adjusted EBITDA of around €2.85 billion, slightly below the estimated €2.91 billion.
- Snam has revised its dividend policy, announcing an annual dividend growth rate of 4%, which is an increase from the previous minimum of 3%, with a maximum payout ratio of 80%.
- The adjusted net income is expected to grow at an average annual rate of 4.5%, compared to 4% in the previous plan.
- For the fiscal year 2024, Snam anticipates an adjusted net income of approximately €1.23 billion and an adjusted EBITDA above €2.75 billion.
- The company plans an average annual increase in adjusted EBITDA of 5% according to their strategy.
- Snam aims to invest €12.4 billion in their new 2025-2029 plan.
- Market analysts have given Snam 11 buy ratings, 10 hold ratings, and 2 sell ratings.
A look at Snam SpA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Snam SpA, the Italian natural-gas distribution network operator, shows a promising long-term outlook. With a high Dividend score of 5, investors may find Snam SpA attractive for its consistent dividend payments. The company also scores well in Momentum, indicating positive market momentum and investor sentiment. Although Value and Growth scores are moderate at 3, suggesting a fair valuation and steady growth prospects, Snam SpA demonstrates strong resilience with a score of 2, showcasing its ability to navigate challenges effectively.
Snam SpA owns and manages Italy’s natural-gas distribution network, transporting gas for various entities in the country. The company’s network comprises high and medium-pressure pipes, connecting production and importation sites across Italy. With a good track record in dividend payouts and positive market momentum, Snam SpA‘s outlook appears solid for the long term, presenting an appealing option for investors seeking stability and income.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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