A2A SpA (A2A.MI) Stock Price

A2A SpA Price

Borsa Italiana·CLOSED
2.44
​
Market closed

Revenue has compounded at 3.7% per year over the past 19 years to 13.74 B EUR. Earnings per share have grown at 4.9% per year over the last 19 years. A2A SpA's net margin stands at 5.5%, up from 4.4% several years earlier. A2A SpA currently offers a dividend yield of about 4.11%. The payout ratio is around 42% of earnings. The dividend has grown at 2.7% per year over the past 19 years. Analysts set a median price target of 2.86 EUR, implying 17.2% above the current price. Of 11 analysts, 7 rate the stock a buy — an overall Buy consensus.

A2A SpA stock price

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A2A SpA business model & stock analysis

A2A SpA is an Italian energy and environmental services company based in Brescia, Lombardia. The history of A2A began in 2008 with the merger of AEM (Azienda Energetica Municipale) and ASM (Azienda dei Servizi Municipalizzati) Brescia. These two municipal utility companies combined their respective expertise and resources to create innovative energy solutions under one roof. A2A's business model is based on providing services that contribute to a more environmentally friendly and sustainable life. The company combines traditional energy supply services, such as electricity, heat, and gas, with comprehensive support solutions in water supply, waste disposal, city cleaning, street lighting, and public transportation. The company's mission is to ensure a sustainable, efficient, and flexible energy supply. A2A operates in various business areas, including compliance with environmental regulations and energy supply to households and businesses. In the "Energy" sector, A2A offers products such as electricity, gas, and heat. The company increasingly relies on renewable energy sources such as biomass and geothermal energy and promotes the use of electric vehicles to reduce carbon emissions. The "Environment" sector focuses on optimizing waste management through recycling and other energetic uses, as well as providing drinking water. In the "Networks" sector, A2A manages and renovates distribution and supply networks (such as electricity or gas networks) to ensure a safe and efficient energy supply. "District Heating & Cooling" is another important sector of A2A, which focuses on the production and distribution of heating and cooling for urban areas. In addition to these business areas, A2A also offers innovative products for customers, such as A2A Smart City, an intelligent service package for city planners and public administrations that enables sustainable urban development. A2A is responsible for continuously improving environmental conditions in the region and has launched many projects focusing on promoting renewable energy, reducing waste, and optimizing waste disposal. In summary, A2A is a leading energy company in Italy that develops innovative solutions for energy and environmental issues. From providing energy supply to private and commercial customers to supporting urban development plans for a sustainable future, A2A operates under the motto "Energy for a better world." The company is committed to a more environmentally friendly world and delivers products and services to its customers that contribute to creating a better future for all.

Frequently asked questions about A2A SpA

A2A SpA operates as a major Italian multi-utility company. Its business model revolves around the distribution and sale of electricity, gas, water, and environmental services. A2A SpA also engages in the development and management of district heating networks, energy production from renewable sources, and waste management. The company aims to provide reliable and sustainable solutions, while focusing on innovation and customer satisfaction. A2A SpA's diversified operations ensure a stable revenue stream and contribute to the overall growth of the company.

A2A SpA is primarily active in the energy and environmental sectors. As one of Italy's leading energy companies, A2A SpA engages in electricity generation, distribution, and sales. Additionally, the company is involved in the production and distribution of heat, as well as the management of waste and water services. With a strong focus on sustainability, A2A SpA aims to provide efficient and environmentally-friendly solutions to meet the energy needs of individuals and businesses.

The main competitors of A2A SpA in the market include Enel SpA, Edison SpA, and Eni SpA. These companies operate in similar sectors and provide similar services, such as energy production and distribution. However, A2A SpA distinguishes itself through its focus on sustainable energy solutions and its commitment to environmental and social responsibility. With its strong market presence and competitive advantage, A2A SpA continues to compete effectively against its rivals, driving innovation and contributing to the overall growth of the industry.

A2A SpA is an Italian multinational company engaged in the energy and environmental sectors. Established in 2008, A2A SpA resulted from the merger of two major Italian utility companies, AEM and ASM. With headquarters in Brescia and Milan, A2A operates in the production, distribution, and sale of electricity, heat, and gas. The company also manages urban waste and water services. A2A SpA has a strong focus on sustainable development and has been actively investing in renewable energy sources. It is considered one of the leading players in the Italian energy market, serving millions of customers across the country.

A2A SpA, an esteemed Italian utility company, has achieved several significant milestones. One noteworthy accomplishment is the successful acquisition and integration of the Greater Milan Area District Heating ("Teleriscaldamento Milano") in 2006, which strengthened the company's position in the energy sector. Additionally, A2A SpA has been actively involved in renewable energy initiatives, such as the development of wind farms in Italy. Another significant milestone was the company's involvement in the IPO of Italgas in 2016, which further strengthened its presence in the natural gas market. Overall, A2A SpA has demonstrated its commitment to growth and diversification within the energy sector, solidifying its reputation as a prominent player in the industry.

A2A SpA is primarily present in Italy, with its headquarters located in Brescia. As a leading Italian multi-utility company, A2A operates in various regions and cities across the country. It provides energy, environmental, and other value-added services to millions of customers. With a strong presence in Lombardy, Piedmont, and other regions, A2A contributes significantly to the Italian energy market. The company's commitment to sustainable development and innovation further strengthens its position as a key player in the Italian utilities sector.

A2A SpA represents a set of core values and a corporate philosophy focused on sustainability, innovation, and customer satisfaction. As a leading Italian multi-utility company, A2A SpA aims to provide reliable energy, environment, and water services while fostering economic growth and social progress. Committed to sustainability, A2A SpA adopts environmentally friendly practices, invests in renewable energy sources, and promotes energy efficiency. With a customer-centric approach, the company prioritizes the needs and preferences of its clients, striving to meet their expectations and deliver high-quality services. A2A SpA continually seeks innovative solutions to address evolving market demands and contribute to the achievement of a sustainable future.

Analysts currently set an average price target of 2.84 EUR for the A2A SpA stock (median: 2.86 EUR), implying +18.1 % versus the latest price. The consensus is based on 11 analyst ratings.

11 analysts currently rate the A2A SpA stock: 7 recommend buying, 4 holding and 0 selling. For 2026, analysts expect A2A SpA to generate revenue of 14.08 B EUR and earnings per share of 0.21 EUR.

The A2A SpA share (A2A.MI) is listed on 9 stock exchanges, including: London (0N54.L), Frankfurt (EAM.F), München (EAM.MU), Düsseldorf (EAM.DU), Wien (A2A.VI), Mailand (A2A.MI).

The company A2A SpA is a leading energy and environmental service provider in Italy. Founded in 2008, the company is headquartered in Brescia, Italy and employs over 12,000 people. A2A's business model is based on a strong presence in different business areas that are closely linked, allowing the company to quickly and efficiently respond to the needs of its customers. A2A operates in three business areas: electricity, gas and heat, waste management, and urban planning. Each of these business areas plays an important role in the sustainable development of the company and the entire economy of Italy. A2A's electricity sector is one of the company's main pillars. A2A produces and supplies electricity to households and businesses. The company is able to produce energy from different sources such as coal, gas, and water. In addition, A2A is strongly committed to the use of renewable energy resources such as solar energy, wind energy, and geothermal energy. The company is committed to reducing environmental impact and supporting sustainable economic growth. In the gas and heat market, A2A is one of the leading providers in Italy. A2A provides companies and individuals with environmentally friendly gas energy and heat. The company offers products and services for all types of customers, from SMEs to large companies. A2A's gas sector stands out for its innovation and technological leadership. For example, A2A is a pioneer in the development of virtual power plants (VPPs) and intelligent energy management software. A2A is also a leader in waste management and urban planning. The company is able to dispose of large amounts of waste in an environmentally friendly manner and generates valuable resources in the process. For example, A2A uses waste materials for electricity and heat generation to increase energy efficiency. A2A also offers engineering and consulting services in the field of sustainable urban development. In addition to its three main pillars, A2A also offers products and services for the mobility industry. A2A strives to promote alternative technologies and services in the field of mobility, contributing to the reduction of greenhouse gases and air pollution. Overall, A2A's business model is very diverse and focused on sustainable development. The company is able to offer customer-oriented and individual solutions while reducing environmental impact. Thanks to its high level of innovation and collaboration with external stakeholders, A2A is able to respond to the challenges of the changing energy market and develop forward-looking solutions.

The expected revenue of A2A SpA is 14.08 B EUR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of A2A SpA is 645.82 M EUR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of A2A SpA is currently 11.87. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the A2A SpA stock.

The price-to-sales ratio (P/S) of A2A SpA is currently 0.54. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the A2A SpA stock.

The Eulerpool Quality Score for A2A SpA is 6/10.

The ISIN of A2A SpA is IT0001233417. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of A2A SpA is 915445. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of A2A SpA is A2A.MI. The ticker symbol is used to trade A2A SpA shares on the stock exchange.

Fair ValueTerminal
2.22 EUR
Over-/UndervaluationTerminal
Fairly valued
Sector
Industry
Multi-Utilities
Number of shares
Employees
Revenue per Employee
1.13 M EUR
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Website a2a.eu
Country
Currency
EUR
Initial public offering
Jul 12, 2002
ISIN
IT0001233417
Cusip
T0579B105
Sedol
5499131
Market capitalization
7.63 B EURMid Cap
52-Week Range
PEG
2.84
P/E ratio
P/Ee 2026
11.82
P/Ee 2027
11.55
P/Ee 2028
10.97
P/Ee 2029
11.02
P/Ee 2030
9.90
P/S
P/Se
0.54
EV/EBIT
13.04
P/B Ratio
1.29
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
6.18 %
Dividend
Dividend yield
4.11 %
Est. Dividend Yield
4.27 %
Payout Ratio
41.96 %
Dividend growth Ø5Y
5.39 %
Dividend payments per year
1
Dividend paid since
27 years
Dividend not reduced since
13 years
Dividend increased since
2 years
Dividend withholding tax
26.00 %
Last updated Oct 24, 2026, 1:01 PM

A2A SpA Peer Group

A2A SpA Ticker

DÜSSELDORF · EAM.DUEURONEXT · A2A.MIFRANKFURT · EAM.FLONDON · 0N54.LMILAN · A2A.MIMILAN · A2A.MIMUNICH · EAM.MUOTC · AEMMFVIENNA · A2A.VI

A2A SpA FIGI

A2A:IM · BBG000BFQXY5A2A:IC · BBG000BFQYB8A2A:IF · BBG000BFQYQ2EAM:GR · BBG000DYQT44EAM:GF · BBG000DYQTW3EAM:GD · BBG000DYQV76EAM:GS · BBG000DYQWX5EAM:GM · BBG000DYQXH1EAM:GB · BBG000DYQXT8AEMMF:US · BBG000H3QHM4AEMMF:UV · BBG000H3QTN7A2AM:IX · BBG000JP8NT3

All fundamentals and in-depth analysis of A2A SpA

Our stock analysis for A2A SpA stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of A2A SpA. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.