Loading stockData sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Loading stockData sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Not financial advice. Analytical data for research only.
Intrinsiqq is a Netherlands-based company operating in Rotterdam, KvK 73238007.
A2A S.p.A. is an Italian multi-utility company specializing in energy production, distribution, and sustainable resource management. It generates electricity from diverse sources including hydroelectric, thermoelectric, photovoltaic, cogeneration, biomass, and wind plants, while also producing, selling, and distributing gas and district heating across Italy and internationally. The company manages the full spectrum of waste services, from collection and street sweeping to treatment, disposal, and energy recovery, alongside integrated water cycle operations encompassing catchment, distribution, purification, and sewer management. A2A S.p.A. further handles public lighting, electric mobility infrastructure, video surveillance, and energy efficiency consulting, promoting electrification and circular economy principles. Headquartered in Milan with a registered office in Brescia, it employs around 14,777 people and operates extensively in Northern Italy, with facilities nationwide and in Greece, emphasizing ecological transition, decarbonization, and resource regeneration to support communities and align with UN Sustainable Development Goals. Its integrated model across energy, water, heat, and waste fosters synergies for resilience and shared value creation.
€2.29
+€0.00 (+0.09%)
EOD Aug 17, 2026
Operating margin is thin at 8.33%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 8.7%, steady but not accelerating. Margins contracted 2.4pp, which offsets some of the top-line progress.
ROIC dropped from 8.18% to 6.06%, capital efficiency is deteriorating. Net debt of €5.36B represents 56.4x FCF, leverage limits flexibility.
9.5x earnings, 75.4x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€13.74B
▲ +8.7% YoY
Net Income (TTM)
€782M
▼ -12.3% YoY
Op. Margin
8.33%
▼ -2.4pp YoY
ROIC
6.06%
▼ -2.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€95M
▲ +125.5% YoY
Op. Cash Flow (TTM)
€319M
▼ -67.2% YoY
Net Debt
€5.36B
Cash & Equiv.
€1.90B
3Y CAGR: -15.7%
3Y CAGR: +68.1%
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At a P/E of 9.5 and a price-to-free-cash-flow of 75.4, A2A S.p.A. (A2A.XMIL) trades above a two-stage DCF intrinsic value of about €-0.89 per share, so at €2.29 the stock looks overvalued (139.1% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, A2A S.p.A. scores 54/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about €-0.89 per share for A2A.XMIL, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around €-0.67. At today's €2.29, that puts the stock about 139.1% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
A2A S.p.A. scores 54 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a 8.3% operating margin and a 6.1% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
That depends on valuation and quality together, not either alone. A2A.XMIL currently trades above its estimated intrinsic value and scores 54/100 on quality (mixed). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.