Hera (HER) Stock Price, Fundamentals & Analysis

What HER does

Hera S.p.A. (symbol HER, ISIN IT0001250932) is a multi-utility company listed on the Borsa Italiana that operates across waste management, water services, and energy. It is involved in the sale and distribution of methane and natural gas, as well as in district heating and heating management; generation, distribution, and sale of electricity; aqueduct, purification, and sewage services related to the water cycle; waste collection, treatment, recycling, and disposal services; and provision of public lighting, telecommunications, and other services. The company serves residential and business customers, as well as consumer associations. Hera S.p.A. was founded in 2002 and is headquartered in Bologna, Italy. Within the Italian utilities landscape, it is sometimes compared with peers such as A2A (A2A), Snam (SRG), Enel (ENEL), and Terna (TRN).

Key numbers explained

• Price (3.55 EUR) is the most recent trading price of one share on the Borsa Italiana.
• The trailing P/E ratio (11.1) divides the current share price by the last twelve months of earnings per share (0.32 EUR); a lower P/E can suggest the stock is priced more conservatively relative to recent earnings.
• The forward P/E ratio (10.7) uses expected future earnings instead of past earnings, giving a sense of how the market values the company ahead of results.
• Dividend yield (4.5%) shows the annual dividend as a percentage of the share price; Hera returns 50% of its earnings to shareholders, with the next ex-dividend date on Jun 22, 2026.
• Beta (0.82) measures sensitivity to market moves; a beta below 1 suggests the stock tends to be less volatile than the broader market.
• Market capitalisation (5.25B EUR) is the total value of all outstanding shares, calculated as share price times shares outstanding.
• Revenue growth (21.7% year over year) on trailing twelve-month revenue of 12.67 mld. EUR indicates how quickly the top line has expanded recently.
• The price-to-book ratio (1.29) compares the share price to the company's book value per share, while return on equity (12.1%) measures how effectively the company generates profit from shareholders' equity.

What to watch

• Utility stocks like Hera are often sensitive to interest rates, regulation, and energy price swings, which can affect both earnings and dividend capacity.
• The debt-to-equity ratio (133.3%) is relatively high for the sector, so changes in borrowing costs or credit conditions could influence financial flexibility.
• Upcoming results and dividend announcements, including the next earnings date (Nov 11, 2026), can drive short-term price moves.
• Broader European energy and environmental policy, as well as infrastructure investment trends, may shape the outlook for multi-utility companies.
• Investors often compare Hera with other European utilities such as EVN AG (EVN) or renewable-focused names like EDP Renováveis (EDPR) to contextualise its profile.