Terna S.p.A. (BIT:TRN)

Terna Ratios and Metrics

Market cap in millions EUR. Fiscal year is January - December.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr 27, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Capitalization	20,458	18,169	15,285	15,152	13,839	14,277
Market Cap Growth	30.73%	18.87%	0.88%	9.49%	-3.07%	13.72%
Enterprise Value	33,492	29,860	25,326	24,655	22,523	23,875
PE Ratio	19.26	17.10	14.39	17.11	16.15	18.09
PS Ratio	5.10	4.53	4.18	4.80	4.73	5.57
PB Ratio	2.62	2.33	2.03	2.39	2.24	3.03
P/FCF Ratio	-	-	-	-	16.65	-
P/OCF Ratio	7.79	6.91	10.35	13.97	5.96	17.15
EV/Sales Ratio	8.35	7.45	6.92	7.82	7.70	9.31
EV/EBITDA Ratio	12.15	10.95	9.90	11.56	11.04	13.05
EV/EBIT Ratio	18.50	16.56	14.93	18.04	17.03	20.35
EV/FCF Ratio	-105.49	-	-	-	27.09	-
Debt / Equity Ratio	1.99	1.99	1.84	1.94	1.79	2.66
Debt / EBITDA Ratio	5.66	5.66	5.44	5.75	5.42	6.86
Debt / FCF Ratio	-	-	-	-	13.31	-
Net Debt / Equity Ratio	1.67	1.67	1.48	1.66	1.40	2.13
Net Debt / EBITDA Ratio	4.77	4.77	4.37	4.94	4.24	5.48
Net Debt / FCF Ratio	-40.98	-40.98	-13.21	-10.93	10.42	-19.59
Quick Ratio	0.89	0.89	0.88	0.64	0.72	0.70
Current Ratio	0.92	0.92	0.91	0.67	0.75	0.77
Asset Turnover	0.14	0.14	0.14	0.14	0.13	0.12
Return on Equity (ROE)	14.50%	14.50%	15.14%	14.07%	16.14%	17.61%
Return on Assets (ROA)	3.94%	3.94%	4.19%	3.70%	3.66%	3.41%
Return on Capital Employed (ROCE)	7.80%	7.80%	8.30%	8.00%	8.30%	8.00%
Earnings Yield	5.20%	6.12%	6.95%	5.84%	6.19%	5.53%
FCF Yield	-1.55%	-1.75%	-5.53%	-6.36%	6.01%	-3.58%
Dividend Yield	3.88%	4.08%	5.44%	4.92%	5.20%	4.86%
Payout Ratio	73.24%	73.24%	65.77%	75.84%	69.52%	69.25%
Buyback Yield / Dilution	1.20%	1.20%	1.85%	-3.07%	0.08%	0.01%
Total Shareholder Return	5.09%	5.28%	7.29%	1.85%	5.28%	4.88%

Source: S&P Global Market Intelligence. Utility template. Financial Sources.