P/OCF

8.4
Current
6%
Cheaper
vs 3-y average of 8.9

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
8.4
=
Market Cap
€22.8B
/
Operating Cash Flow
€2.7B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
8.4
=
Market Cap
€22.8B
/
Operating Cash Flow
€2.7B

Valuation Scenarios

Snam SpA is trading below its 3-year average

If P/OCF returns to its 3-Year Average (8.9), the stock would be worth €7.13 (6% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-15%
Maximum Upside
+6%
Average Downside
1%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 8.4 €6.69
0%
3-Year Average 8.9 €7.13
+6%
5-Year Average 8.9 €7.13
+6%
Industry Average 7.1 €5.69
-15%
Country Average 8.1 €6.5
-3%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close

Market Distribution

In line with most companies in Italy
Percentile
51th
Based on 757 companies
51th percentile
8.4
Low
0.5 — 5.3
Typical Range
5.3 — 11.8
High
11.8 —
Distribution Statistics
Italy
Min 0.5
30th Percentile 5.3
Median 8.1
70th Percentile 11.8
Max 3 090.6

Snam SpA
Glance View

In the dynamic world of energy infrastructure, Snam SpA stands out as a stalwart with a rich heritage dating back to 1941. As one of Europe’s leading energy infrastructure companies, Snam has carved its niche by focusing primarily on the transmission and storage of natural gas. The company operates a vast network across Italy, which forms the backbone of its operations, transporting natural gas efficiently across the country. This infrastructure mastery is not just limited to domestic terrains; Snam ambitiously extends its reach through strategic international investments, enhancing its influence in the broader European energy market. The core of Snam’s business operations involves maintaining and expanding its extensive pipeline network, which ensures a steady flow of revenue through tariffs and fees levied on the transportation of natural gas. Financially, Snam thrives by tapping into the growing demand for cleaner energy solutions, positioning itself favorably in a world increasingly turning away from coal and oil. It generates significant income from long-term contracts with utility companies, offering consistent and predictable cash flows. Moreover, Snam invests in future-forward initiatives like hydrogen and biomethane developments, aligning with global energy transition trends while diversifying its business model. This strategic pivot not only reinforces their commitment to sustainability but also sets the stage for potential new revenue streams. Through meticulous management and forward-thinking strategies, Snam continues to bolster its market position, demonstrating resilience and adaptability in an ever-evolving energy landscape.

SRG Intrinsic Value
4.617 EUR
Overvaluation 31%
Intrinsic Value
Price €6.692
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett