Terna S.p.A. TRN.MI
Composite 52/100; the shares have moved about 17% annualised. Names that move more contribute more risk for the same amount invested, and our composite reflects how strong the evidence for this one is right now.
Balance-sheet strength ranks 25/100 — a moderate mark against it.
Income ranks 76/100 — a strong point in its favour. Quality ranks 71/100 — a moderate point in its favour. Momentum ranks 54/100 — a slight point in its favour.
Balance-sheet strength ranks 25/100 — a moderate mark against it. Valuation ranks 45/100 — a slight mark against it.
What the company does Terna S.p.A. operates Italy’s national electricity transmission grid, dispatching power, maintaining infrastructure, and developing interconnectors and renewable projects. It also manufactures transformers and cables, serving regulated and international markets.
Key financials Terna posts strong profitability with gross 80.9%, operating 45.5%, and net 27.2% margins. ROE is 13.3% and revenue grew 9.6%. Debt/Equity is 1.73x and net debt/EBITDA is 4.39x, while dividend yield is 4.0% with a 74.6% payout ratio.
Stock health SideraVista scores Terna 56.9 overall, with Quality 69.9, Growth 61.5, Momentum 66.1, and Income 80.0. Six-month momentum is 14.61% and 12-month is 24.94%, though RSI(14) is 46.40.
Price vs fair value The stock trades at a PREMIUM of 15.70% versus our fair-value estimate and a PREMIUM of 3.04% versus the 12-month analyst target. - Trading above both fair-value estimate and consensus target (Valuation percentile 59.3/100) - Forward P/E of 17.79 and EV/EBITDA of 11.71 reflect above-average multiples - Strong income profile with 4.0% dividend yield and 80.0 income percentile - Positive momentum with 14.61% 6-month and 24.94% 12-month gains
Looking forward Forward P/E of 17.79 and high EV/EBITDA of 11.71 suggest valuation headwinds, while growth in renewables and interconnections may support long-term earnings. Momentum remains positive but RSI indicates limited near-term upside.
This is not investment advice. Sideravia provides automated, data-driven analysis for information and education only. Nothing on this page is a personal recommendation or an invitation to buy or sell any security, and it does not consider your objectives or financial situation. Assessments are generated by rules applied uniformly to every covered stock — how our scores work.
Data as of 2026-09-03, compiled from third-party sources; errors and delays are possible and figures are not warranted. Investing puts your capital at risk; past performance does not predict future results. We publish our full track record, including the calls that lost, and our conflicts of interest.