- ERG reported an adjusted EBITDA of €109 million for the third quarter.
- The company’s adjusted EBIT was recorded at €43 million.
- Adjusted net income came in at €18 million for the same period.
- ERG’s adjusted revenue for the third quarter reached €156 million.
- The stock recommendations for ERG consist of six buy ratings, five hold ratings, and two sell ratings.
A look at ERG SpA Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 4 | |
Dividend | 4 | |
Growth | 2 | |
Resilience | 3 | |
Momentum | 3 | |
OVERALL SMART SCORE | 3.2 |
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
ERG SpA shows promising signs for long-term growth and value according to Smartkarma Smart Scores. With a solid Value and Dividend score of 4 each, the company is likely viewed favorably in terms of its financial health and return potential. However, the Growth score of 2 suggests a slower pace of expansion compared to other factors, indicating some areas for improvement in this aspect. The company’s Resilience and Momentum scores of 3 each highlight a moderate level of stability and market performance. Overall, ERG SpA seems well-positioned for sustained value creation and dividend payouts in the renewable energy sector.
ERG S.p.A., a company specializing in renewable energy generation, operates wind power plants across various European countries and thermal generation power plants in Italy. Additionally, the company is actively involved in marketing petroleum products in Italy to a range of customers. With a balanced mix of financial strength, dividend attractiveness, and market stability, ERG SpA appears to be a solid player in the renewable energy industry, potentially offering investors a compelling long-term investment opportunity.
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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