Snam S.p.A. (SNMRF) Stock

About Snam S.p.A.

Snam S.p.A., along with its subsidiaries, is primarily involved in managing and operating Italy's natural gas transportation and storage infrastructure. The company's business is organized into three core divisions: natural gas transport, liquefied natural gas (LNG) regasification, and natural gas storage. Snam handles the movement and distribution of natural gas throughout Italy, leveraging a vast network of approximately 32,700 kilometers of high- and medium-pressure gas pipelines. Additionally, it owns and manages facilities dedicated to converting LNG back into its gaseous form. The company also offers extensive natural gas storage services, utilizing an integrated system of infrastructure that includes underground reservoirs, wells, gas treatment and compression plants, and advanced operational dispatch systems. Snam operates nine storage concessions in Italy, with five located in Lombardy, three in Emilia-Romagna, and one in Abruzzo. Beyond its principal gas infrastructure activities, Snam's operations encompass other areas. It provides leasing and maintenance services for fiber optic telecommunications cables, offers integrated solutions within the natural gas mobility sector, and delivers energy efficiency services to residential, industrial, commercial, and public administration clients. The company is also engaged in managing facilities for biogas and biomethane production. Furthermore, Snam offers specialized engineering and project management services, alongside supervising infrastructure planning initiatives. Internationally, Snam maintains a presence in various countries, including Albania, Saudi Arabia, Austria, China, Egypt, the United Arab Emirates, France, Greece, the United Kingdom, and the United States. Founded in 1941, the company was previously known as Snam Rete Gas S.p.A. before officially changing its name to Snam S.p.A. in January 2012. Its corporate headquarters are situated in San Donato Milanese, Italy.

Snam S.p.A. is headquartered in IT.

Snam S.p.A. (SNMRF) stock trades at $7.35 with a market capitalization of $24.65B. The stock is valued at a price-to-earnings (P/E) ratio of 16.16, price-to-book of 2.23, price-to-sales of 5.35. Over the past 52 weeks the stock has ranged between $5.94 and $8.12, and currently trades 9.5% below its 52-week high. It pays a dividend yielding 5.58%.

On profitability, Snam S.p.A. generates a return on equity (ROE) of 9.40%, return on capital employed of 5.08%, an operating margin of 34.45%, a net profit margin of 22.43%.

In its most recent fiscal year, Snam S.p.A. reported annual revenue of $3.9B, net profit of $1.3B, revenue has compounded at 6.8% a year over the last five years, profit at 2.9% a year.

The balance sheet shows a debt-to-equity ratio of 2.11 — a leveraged balance sheet worth monitoring, a current ratio of 0.72, total assets of $37.0B, $1.6B in cash and equivalents.

SNMRF has an average daily trading volume of 1,222 shares, a beta of 0.64 (less volatile than the overall market).

Official website: www.snam.it