ERG SpA
MIL:ERG

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ERG SpA
MIL:ERG
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Price: 19.71 EUR 0.41% Market Closed
Market Cap: 2.9B EUR
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ERG SpA
Other

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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ERG SpA
Other Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other CAGR 3Y CAGR 5Y CAGR 10Y
ERG SpA
MIL:ERG
Other
-€239.5m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

ERG SpA
Glance View

Market Cap
2.9B EUR
Industry
Utilities

ERG SpA, originally founded as a petroleum company in post-war Italy, has undergone a remarkable transformation to align with the energy transition of the 21st century. Emerging from its roots in the traditional oil market, ERG has strategically pivoted to become a leader in renewable energy, capitalizing on Europe's increasing demand for sustainable energy sources. This transformation began with the gradual divestment of its oil refining and distribution sectors, redirecting its focus toward renewable energy production. Today, ERG operates primarily in wind power, with its wind farms spread across Italy and several European countries. The company harnesses advanced technologies in wind turbine design and operation to optimize energy output, directly feeding into national grids and capitalizing on governmental incentives for clean energy. The company's business model reflects its commitment to sustainability and its insight into the evolving energy market. Through the generation and sale of green energy—primarily wind but increasingly through solar and hydroelectric sources—ERG generates revenue by supplying power to consumers and businesses seeking cleaner alternatives. Additionally, ERG benefits from European energy policies that favor renewables, which can provide financial incentives for environmentally responsible energy production. This business strategy not only positions ERG SpA as a pioneer in the green energy sector but also underlines its profitable niche in an industry abuzz with eco-conscious innovation.

ERG Intrinsic Value
22.49 EUR
Undervaluation 12%
Intrinsic Value
Price

See Also

What is ERG SpA's Other?
Other
-239.5m EUR

Based on the financial report for Sep 30, 2024, ERG SpA's Other amounts to -239.5m EUR.

What is ERG SpA's Other growth rate?
Other CAGR 1Y
-54%

Over the last year, the Other growth was -54%.

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