Terna

TRN · Borsa Italiana · EUR

€9.14Change from previous close: −0.59%Absolute change: −€0.05

Close · October 1, 2026

Valuation

Data as of October 2, 2026

Valuation multiples

Market cap
€18.33B
Enterprise value
€31.11B
P/E (trailing 12 months)
17.2
Forward P/E
16.2
PEG
2.14
Price/book
3.08
Price/sales
4.35
EV/EBITDA
11.0
EV/revenue
7.38

Profitability and growth

Gross margin
80.1%
Operating margin
45.1%
Net margin
26.4%
ROE
13.8%
ROA
3.9%
Revenue growth (year over year)
12.3%
Earnings growth (year over year)
0.5%

Financial health

Total cash
€2.27B
Total debt
€14.91B
Debt/equity
1.72
Current ratio
0.96
Quick ratio
0.92

Dividends

Annual dividend per share
€0.40
Dividend yield
4.3%
Payout ratio
74.5%
Ex-dividend date
June 22, 2026

Analysts and estimates

Average price target
€9.84
Median price target
€10.00
High price target
€11.20
Low price target
€8.65
Analysts with a price target
19
Consensus
Hold
Forward EPS
€0.56
EPS estimate, current year
€0.55

Shares and trading

Beta
0.61
Average volume
3.65M
Shares outstanding
2.01B
Float
1.41B
Institutional ownership
37.4%
Insider ownership
29.9%