Snam SpA (SRG.MI) Stock Price

Snam SpA Price

Borsa Italiana·CLOSED
5.79
​
Market closed

Over the last 19 years Snam SpA grew revenue by 4.3% annually, reaching 3.89 B EUR. Earnings per share have grown at 3.8% per year over the last 19 years. For Snam SpA, the net margin of 32.7% is down versus 45.5% a few years ago. At today's price the dividend yield works out to roughly 5.02%. The payout ratio is around 77% of earnings. The dividend has grown at 3.9% per year over the past 19 years. The consensus 12-month price target for Snam SpA is 5.81 EUR, about 0.4% above where the stock trades today. Of 24 analysts, 9 rate the stock a buy — an overall Hold consensus.

Snam SpA stock price

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Snam SpA business model & stock analysis

Snam SpA is a company specializing in the extraction, transport, and storage of natural gas. It was founded in 1941 as Società Nazionale Metanodotti and is headquartered in San Donato Milanese, Italy. Snam operates a network of pipelines spanning over 40,000 kilometers, as well as over 150 gas compression and storage facilities. The company also operates three liquefied natural gas terminals. Snam is actively involved in research and development, investing in new technologies to improve the efficiency of its pipelines and storage solutions and reduce its carbon footprint. The company's business model includes gas infrastructure, particularly in LNG technology, and the development of renewable energy solutions. Snam's three main areas of operation are transport, storage, and regasification. The company offers a wide range of products for industrial and community use, including natural gas for power generation, heating and cooling systems, transportation, and industrial applications. Snam is a key player in the European energy market, driving the modernization of the Italian gas system and promoting sustainable energy solutions.

Frequently asked questions about Snam SpA

The business model of Snam SpA revolves around natural gas infrastructure management. Snam operates as Italy's leading gas transportation and storage company. It manages and develops an extensive network of pipelines, storage facilities, and compression stations. Snam's core business is the transportation of natural gas, ensuring the safe and efficient flow of gas to various regions in Italy and across Europe. Additionally, the company focuses on storage activities, providing strategic gas reserves. Snam also engages in LNG regasification and manages the infrastructure for gas distribution. Snam SpA plays a crucial role in facilitating energy supply, promoting diversification, and supporting sustainable development.

Snam SpA is primarily active in the energy industry. As a leading energy infrastructure company, Snam operates in the natural gas sector, focusing on transmission, storage, and regasification activities. With its vast network of pipelines and storage facilities, Snam plays a vital role in ensuring the safe and efficient transportation of natural gas throughout Italy and Europe. Snam's expertise in energy infrastructure helps facilitate the supply of this clean and accessible fuel source, contributing to the development of sustainable energy systems and supporting the transition towards a low-carbon future.

The main competitors of Snam SpA in the market include Enagás, Fluxys, and Transco, among others. These companies compete with Snam SpA in the natural gas industry and operate in similar markets. Snam SpA maintains a strong position in the industry due to its extensive gas infrastructure network, technological advancements, and strategic partnerships. As a leader in the natural gas sector, Snam SpA continues to navigate competitive pressures while focusing on innovation and sustainable solutions to meet the growing energy demands efficiently.

Snam SpA is an Italian energy infrastructure company with a rich history and notable background. Established in 1941, Snam has evolved into Europe's leading natural gas transmission operator. It operates a vast pipeline network that spans over 41,000 km across Italy, ensuring a safe and efficient gas supply to millions of households and businesses. Over the years, Snam has played a crucial role in Italy's energy sector, supporting the nation's transition towards a more sustainable energy mix. With a reputation for innovation and reliability, Snam continues to invest in cutting-edge technologies and sustainable practices, solidifying its position as a key player in the global energy market.

Snam SpA, a leading energy infrastructure company, has achieved several significant milestones. It successfully completed the separation from Eni and became an independent listed company in 2001. In 2013, Snam signed a historic agreement with the Chinese company State Grid, marking a major step towards international expansion. Moreover, Snam has been actively involved in the development of sustainable practices and renewable gases, focusing on achieving carbon neutrality. The company's commitment to innovation and digitalization has led to the implementation of cutting-edge technologies across its operations. Snam SpA continues to demonstrate its leadership in the energy sector, driving growth and contributing to a sustainable future.

Snam SpA is primarily present in Italy.

Snam SpA represents a set of core values and a strong corporate philosophy. As an Italian energy infrastructure company, Snam is committed to sustainability, innovation, and excellence in its operations. It places high importance on safety, environmental stewardship, and social responsibility. By investing in renewable energy sources, promoting energy efficiency, and fostering a diverse and inclusive work environment, Snam strives to contribute to a more sustainable energy future. The company's commitment to these values is reflected in its strategic partnerships, cutting-edge technologies, and long-term growth objectives. Overall, Snam SpA stands for integrity, sustainability, and leadership in the energy sector.

Analysts currently set an average price target of 5.84 EUR for the Snam SpA stock (median: 5.81 EUR), implying +0.8 % versus the latest price. The consensus is based on 24 analyst ratings.

24 analysts currently rate the Snam SpA stock: 9 recommend buying, 11 holding and 4 selling. For 2026, analysts expect Snam SpA to generate revenue of 4.06 B EUR and earnings per share of 0.43 EUR.

The Snam SpA share (SRG.MI) is listed on 10 stock exchanges, including: London (0NQP.L), Frankfurt (SNM.F), München (SNM.MU), Düsseldorf (SNM.DU), Hamburg (SNM.HM), Wien (SRG.VI), Mailand (SRG.MI).

Snam SpA is an Italian company mainly active in gas infrastructure. The company has been listed on the Italian stock exchange since 2001 and is one of the largest European companies in this field. Snam SpA is divided into different sectors to offer a wide range of services. The main sector of the company is the gas transportation business. This involves the planning, construction, and maintenance of gas transportation systems. Snam SpA has a network of gas transport pipelines covering Italy, Greece, Switzerland, and Austria. The company works closely with other companies to optimize the operation of these pipelines. Another important sector is the gas supply business. Snam SpA is one of the largest gas distributors in Italy and offers a wide range of products and services to meet the needs of its customers. This includes gas trading and advising customers on efficient gas usage. Snam SpA also has a sector for renewable energy. The company invests in projects for the development of clean energy, including biogas, hydroelectric power, and solar energy. The goal is to reduce dependence on fossil fuels and create a more sustainable future. In addition to these sectors, Snam SpA is also involved in research and development. The company works closely with other companies and universities to develop new technologies and processes to improve energy efficiency. The business model of Snam SpA is based on long-term securing of gas resources and the development and operation of gas infrastructure. The company works closely with other companies and governments to ensure that its services meet the needs of its customers. Snam SpA is also proud to promote a sustainable corporate culture. The company aims to minimize the environmental impact of its activities and ensure the health and safety of its employees. Snam SpA has also launched a number of initiatives to support the communities in which it operates. Overall, the business model of Snam SpA aims to offer its customers a wide range of services to meet their energy needs. The company also pursues a sustainable and environmentally friendly strategy to create a sustainable future.

The expected revenue of Snam SpA is 4.06 B EUR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Snam SpA is 1.44 B EUR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Snam SpA is currently 13.50. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Snam SpA stock.

The price-to-sales ratio (P/S) of Snam SpA is currently 4.79. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Snam SpA stock.

The Eulerpool Quality Score for Snam SpA is 3/10.

The ISIN of Snam SpA is IT0003153415. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Snam SpA is 764545. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

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

Fair ValueTerminal
5.97 EUR
Over-/UndervaluationTerminal
Fairly valued
Sector
Industry
Gas Utilities
Number of shares
Employees
Revenue per Employee
1.28 M EUR
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Website snam.it
Country
Currency
EUR
Initial public offering
Dec 6, 2001
ISIN
IT0003153415
Cusip
T8578N103
Sedol
7251470
Market capitalization
19.43 B EURLarge Cap
52-Week Range
PEG
4.63
P/E ratio
P/Ee 2026
13.50
P/Ee 2027
13.20
P/Ee 2028
12.51
P/Ee 2029
12.01
P/Ee 2030
11.47
P/S
P/Se
4.79
EV/EBIT
18.23
P/B Ratio
2.10
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
5.18 %
Dividend
Dividend yield
5.02 %
Est. Dividend Yield
6.26 %
Payout Ratio
76.73 %
Dividend growth Ø5Y
3.49 %
Dividend payments per year
2
Dividend paid since
24 years
Dividend not reduced since
8 years
Dividend increased since
8 years
Dividend withholding tax
26.00 %
Last updated Oct 19, 2026, 8:38 PM

Snam SpA Peer Group

Snam SpA Ticker

DÜSSELDORF · SNM.DUEURONEXT · SRG.MIFRANKFURT · SNM.FHAMBURG · SNM.HMLONDON · 0NQP.LMILAN · SRG.MIMILAN · SRG.MIMUNICH · SNM.MUOTC · SNMRFVIENNA · SRG.VI

Snam SpA FIGI

SNMRF:US · BBG000BJVDL9SNMRF:UV · BBG000BJVNR1SRG:IM · BBG000FBNMF8SRG:IC · BBG000FBNNG5SRG:IF · BBG000FBNPJ7SNM:GR · BBG000GPZHT9SNM:GF · BBG000GPZJ06SNM:GD · BBG000GPZJD2SNM:GS · BBG000GPZKZ5SNM:GM · BBG000GPZLZ3SNM:GB · BBG000GPZM45SNM:GI · BBG000GPZMM5