Employees: 846
Size Acinque (AC5.MI) is an Italy Utilities company (Electric Utilities) with a market value of $460M, the 111th largest of 123 Italy companies the cockpit tracks. Shares closed at €2.08 on 6 Nov 2026.
Performance Over six months the shares fell 6.3%, against -19.5% for the median peer and +3.1% for the Italy market (cap-weighted) — 5th highest of 21 in its peer set.
Growth Revenue fell 11.0% over the last twelve months (peer median +3.5%); the operating margin is 2.7% (peer median 4.4%).
Valuation It trades at 1.1× enterprise value to sales against a peer median of 1.6× (7th cheapest of 21).
Price implies For today's price to make sense, revenue must grow about 13% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is +4 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 4.2 points below its cost of capital (5.7% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €540M | €567M | €563M | €600M | €646M |
| Revenue growth | — | +1% | -6% | -7% | — |
| Gross profit | €162M | €166M | €159M | €113M | €71.0M |
| EBITDA | €69.7M | €73.6M | €79.6M | €41.0M | €30.0M |
| Net income | €21.8M | €21.0M | €21.1M | €10.7M | €30.8M |
| Free cash flow | €52.8M | €50.6M | €190M | €34.0M | -€43.6M |
| Capital expenditure | €77.0M | €69.8M | €72.0M | €62.8M | €66.1M |
| Total debt | n/a | €253M | €267M | €309M | €266M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | AC5.MI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +3.0% | -7.2% | 3rd highest of 21 |
| 6-month return | -6.3% | -19.5% | 5th highest of 21 |
| Distance from 52-week high | -14.8% | -34.2% | 4th highest of 21 |
| Revenue growth (TTM) | -11.0% | +3.5% | 2nd lowest of 21 |
| Operating margin | 2.7% | 4.4% | 6th lowest of 21 |
| EV / Sales | 1.1× | 1.6× | 7th cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | 12.8% | 0.8% | most demanding of 10 |
| Growth delivered (Del g) | +9.3% | +7.0% | 4th highest of 10 |
| Hurdle (Req g minus delivered) | +3.5 pp | -8.2 pp | 2nd most demanding of 10 |
| ROIC minus cost of capital | -4.2 pp | -1.2 pp | 7th lowest of 21 |
| EV / EBITDA | 8.5× | 10.0× | 4th cheapest of 12 |
| Net debt / EBITDA | 2.5× | 1.0× | 6th most indebted of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Acinque AC5.MI | Italy | $460M | -6% | -11% | 3% | 1.1× | 12.8% | +9.3% |
| Genie Energy GNE | United States | $466M | +23% | +10% | 3% | 0.5× | -3.6% | +7.1% |
| Hunan Chendian International Development 600969.SS | China | $453M | -18% | +4% | 3% | 2.2× | 0.2% | +6.4% |
| Suwen Electric Energy Technology 300982.SZ | China | $448M | -41% | -55% | -13% | 2.5× | n/a | n/a |
| Hallador Energy HNRG | United States | $476M | -46% | +8% | 2% | 1.1× | n/a | n/a |
| PTC India PTC.NS | India | $437M | -39% | +13% | 4% | 0.2× | -18.2% | -1.4% |
| Sichuan Xichang Electric Power 600505.SS | China | $520M | -31% | -10% | 7% | 3.6× | 1.2% | +9.5% |
| Ningbo Shimao Energy 605028.SS | China | $522M | -21% | 0% | 36% | 9.4× | 9.5% | +1.5% |
| Giga Solar Materials 3691.TWO | Taiwan | $403M | 0% | +88% | 2% | 2.1× | n/a | n/a |
| Shenzhen Nanshan Power 000037.SZ | China | $527M | -18% | +35% | -7% | 7.4× | n/a | n/a |
| Dalian Thermal Power 600719.SS | China | $387M | -18% | +2% | 8% | 7.0× | n/a | n/a |
| Beijing Jingneng Thermal 002893.SZ | China | $387M | -11% | +15% | 8% | 2.2× | 9.9% | +7.0% |
| Elmera ELMRA.OL | Norway | $549M | +43% | +48% | 5% | 0.4× | -15.6% | +24.2% |
| Zhejiang Xinzhonggang Thermal Power 605162.SS | China | $556M | -25% | -5% | 19% | 4.6× | 0.8% | +4.4% |
| RattanIndia Power RTNPOWER.NS | India | $377M | -35% | -6% | 6% | 1.2× | n/a | n/a |
| Audax Renovables ADX.MC | Spain | $564M | -21% | -8% | 4% | 0.5× | n/a | n/a |
| IPD IPG.AX | Australia | $372M | -18% | +17% | 11% | 1.4× | 5.6% | +28.5% |
| eREX 9517.T | Japan | $370M | -26% | +3% | 3% | 0.5× | n/a | n/a |
| Okinawa Electric Power 9511.T | Japan | $366M | +14% | -3% | -1% | 1.7× | n/a | n/a |
| SGC Energy 005090.KS | South Korea | $363M | -43% | -4% | 6% | 0.2× | n/a | n/a |
| Pace Digitek PACEDIGITK.NS | India | $361M | -15% | +8% | 16% | 1.4× | n/a | n/a |