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31.44 USD
P/E
17.05
EPS
1.83
Yield
4.38%
P/B
11.00
ROE
14.77
Beta
0.63
Terna - Rete Elettrica Nazionale Societa per Azioni logo

Terna - Rete Elettrica Nazionale Societa per Azioni

🧾 Earnings Recap – Q3 2025

Terna reported solid progress in its infrastructure development and regulatory framework, with strategic projects advancing and an interim dividend of €11.92 per share maintained for the 2025 fiscal year.

  • Completed first submarine cable installation for the Tyrrhenian Link, enhancing Italy's transmission capacity.
  • Launched authorization processes for the Central and Sardinian Link projects, signaling commitment to renewable integration and grid robustness.
  • Secured 88% of the capital expenditure plan through effective procurement, maintaining project timelines and mitigating supply chain risks.
  • Board approved a flat interim dividend of €11.92 per share, aligning with the company's new dividend policy for the 2024-2028 business plan.
  • National electricity demand showed a slight contraction of 1.2%, while renewable sources continued to generate around 50% of production, emphasizing the shift towards greener energy.
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Key Metrics
Earnings dateMarch 23, 2026
P/E17.05
EPS1.83
Book Value2.84
Price to Book11.00
Debt/Equity196.46
Growth
Revenue Growth0.10%
Earnings Growth-0.05%
Dividend
Dividend Yield4.38%
Annual dividends0.40 USD
Ex-Div. DateNov. 28, 2025
Payout95.72%
5y avg Yield4.18%

DCF Valuation

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DCF Result

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Terna - Rete Elettrica Nazionale Societa per Azioni Logo Terna - Rete Elettrica Nazionale Societa per Azioni Analysis (TEZNY)

Italy Utilities Official Website Stock

Is Terna - Rete Elettrica Nazionale Societa per Azioni a good investment? Terna - Rete Elettrica Nazionale Societa per Azioni (TEZNY) is currently trading at 31.44 USD.

In terms of valuation, the stock trades at a P/E ratio of 17.05. This valuation is generally in line with the broader market.

Earnings Schedule: Terna - Rete Elettrica Nazionale Societa per Azioni is expected to release its next earnings report on March 23, 2026.

For income investors, Terna - Rete Elettrica Nazionale Societa per Azioni pays a dividend yield of 4.38%. With a payout ratio of 96%, the dividend appears to be under pressure.

Investor FAQ

Does Terna - Rete Elettrica Nazionale Societa per Azioni pay a dividend?

Yes, it pays an annual dividend of 0.40 USD (4.38% yield).

What asset class is Terna - Rete Elettrica Nazionale Societa per Azioni?

Terna - Rete Elettrica Nazionale Societa per Azioni is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.

When is the next earnings date?

The next earnings date is projected to be March 23, 2026. The company currently has a trailing EPS of 1.83.

Company Profile

Terna S.p.A., together with its subsidiaries, provides electricity transmission and dispatching services in Italy, other Euro-area countries, and internationally. It operates through Regulated, Non-Regulated, and International segments. The company is involved in the design, construction, management, development, operation, and maintenance of national transmission grid; dispatching and metering; and construction of storage systems. It also supplies transformers and cables; provides energy and connectivity services; and installs and operates interconnecting lines. In addition, the company designs, produces, commercializes, and repairs power transformers for electricity transmission and distribution grids; industrial transformers for the steel and metals industries; special transformers for convertors used in electrochemical production; manufactures and sells marine and terrestrial cables; develops renewable energy projects; and undertakes private interconnector projects. Terna S.p.A. was founded in 1962 and is headquartered in Rome, Italy.

Exchange Ticker
PNK (United States) TEZNY
Dividend Yield

4.38% (5y avg: 4.18%)

Annual Dividends

0.40 USD

Next ex. div date

Nov. 28, 2025

Payout Ratio

95.72%

Historical Dividends
Year Total Dividends
2026 1.27 USD
2025 1.21 USD
2024 1.17 USD
2023 1.15 USD
2022 0.98 USD
2021 1.13 USD
2020 1.01 USD
2019 0.90 USD
2018 0.90 USD
2017 0.82 USD
2016 0.74 USD
2015 0.72 USD
2014 1.05 USD
2013 1.04 USD
2012 0.94 USD
2011 0.43 USD

Yearly aggregated dividends

Dividends

Terna - Rete Elettrica Nazionale Societa per Azioni
Dec 11, 2025 Paid
Dividend
0.24 USD
Terna - Rete Elettrica Nazionale Societa per Azioni
Jul 10, 2025 Paid
Dividend
0.967 USD

Historical Split Corporate Actions

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