Italgas (IG) Stock Price, Fundamentals & Analysis

What IG does

Italgas S.p.A. (symbol IG, ISIN IT0005211237) is a Utilities - Regulated Gas company listed on the Borsa Italiana and a member of the FTSE MIB. It operates gas distribution networks across Italy, Greece, and other European Union countries, and also runs water service and energy efficiency segments. The company manages a gas distribution network of 156,655 kilometers and a water distribution network of 6,300 kilometers, serving households and enterprises. Italgas was founded in 1837 and is headquartered in Milan, Italy.

Key numbers explained

• 8.35 EUR is the current share price, the last traded price on the exchange.
• The trailing P/E ratio of 11.9 compares the price to the last 12 months of earnings; a lower number can suggest the stock is priced modestly relative to recent earnings.
• The forward P/E ratio of 10.4 uses expected future earnings, giving a sense of valuation based on what analysts anticipate.
• Earnings per share of 0.7 EUR (trailing 12 months) shows the portion of profit attributable to each share.
• The dividend yield of 5.17% indicates the annual dividend payment as a percentage of the current share price.
• Ex-dividend date is May 18, 2026; buying before this date is typically required to receive the upcoming dividend.
• 62% of earnings are paid out as dividends, reflecting the company's payout policy.
• Beta of 0.68 suggests the stock tends to be less volatile than the overall market.
• Market cap of 8.49B EUR represents the total market value of all outstanding shares.
• Revenue growth of 30.6% year over year shows a strong increase in top-line sales.
• Profit margin of 18.7% and operating margin of 27.3% measure how much of each revenue euro translates into profit and operating income.
• Return on equity of 19.1% indicates how effectively the company generates profit from shareholders' equity.
• Debt-to-equity ratio of 294.1% shows the level of debt relative to equity, which is high by typical standards.
• Price-to-book of 2.25 compares the market price to the company's book value per share.
• The 52-week range of 7.63 – 11.3 shows the lowest and highest traded prices over the past year.
• Price change over the last 52 weeks of 9.2% reflects the total return from one year ago to the current price.

What to watch

• Regulatory environment: as a regulated gas utility, Italgas is sensitive to government-set tariffs and energy policy changes in Italy and the EU.
• Energy prices and demand: fluctuations in natural gas prices and consumption patterns can affect revenue and margins.
• Capital expenditure and network maintenance: the company's large infrastructure requires ongoing investment, which can influence debt levels and free cash flow.
• Dividend sustainability: the 62% payout ratio and 5.17% yield are tied to earnings and cash generation, which can shift with operating conditions.
• Peer comparison: investors often compare Italgas with other European utilities such as A2A (A2A), Terna (TRN), Enel (ENEL), Hera (HER), and Snam (SRG), as well as international peers like NiSource (NI) and Pertamina Geothermal Energy Tbk (PGEO).
• Earnings reports: the next scheduled report is on Oct 29, 2026, which can move the stock based on results and guidance.