Italgas SpAMIL:IG +1.36%76 Current Ratio is 0.99 as of Mar. 2026, which is at its 10-year median of 0.99. GuruFocus rates MIL:IG with a GF Score™ of 76/100 and a GF Value™ of €8.19 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 508 Utilities - Regulated companies, Italgas SpA ranks worse than 57.87% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Italgas SpA's current ratio for the quarter that ended in Mar. 2026 was 0.99.
Italgas SpA has a current ratio of 0.99. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Italgas SpA has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for Italgas SpA's Current Ratio or its related term are showing as below:
MIL:IG'
s Current Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.99 Max: 4.34
Current: 0.99
During the past 10 years, Italgas SpA's highest Current Ratio was 4.34. The lowest was 0.21. And the median was 0.99.
MIL:IG's Current Ratio is ranked worse than 57.87% of 508
companies
in the Utilities - Regulated industry
Industry Median: 1.08
vs MIL:IG: 0.99
Italgas SpA (MIL:IG) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Italgas SpA Current Ratio Related Terms
Italgas SpA Current Ratio Historical Data
* Premium members only.
The historical data trend for Italgas SpA's Current Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Regulated Gas subindustry, Italgas SpA's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Italgas SpA Current Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Italgas SpA's Current Ratio distribution charts can be found below:
* The bar in red indicates where Italgas SpA's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Italgas SpA (MIL:IG) has a Current Ratio of 0.99 as of Mar. 2026. This is near median its historical median of 0.99. Over the past decade, Italgas SpA's Current Ratio has ranged from 0.21 to 4.34. According to the industry distribution chart, Italgas SpA ranks #294 out of 508 companies in the Utilities - Regulated industry, placing it in the top 57.9%.
Is Italgas SpA's Current Ratio too high?
Italgas SpA's current Current Ratio of 0.99 is near median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 4.34. The Utilities - Regulated industry median Current Ratio is 1.08. Italgas SpA's value of 0.99 is 8.3% below this industry median. Based on the distribution chart, Italgas SpA ranks #294 out of 508 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Italgas SpA has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Italgas SpA's Current Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Italgas SpA ranks #294 out of 508 companies for Current Ratio. This places Italgas SpA in the lower half of its industry. The industry median Current Ratio is 1.08. Italgas SpA's value of 0.99 is 8.3% below this benchmark. Historically, Italgas SpA's own Current Ratio has ranged from 0.21 to 4.34 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 1.08, Italgas SpA has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Utilities - Regulated company?
The median Current Ratio among Utilities - Regulated companies is 1.08, based on 508 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Italgas SpA's current Current Ratio of 0.99 is 8.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Utilities - Regulated industry, the median Current Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Italgas SpA's current Current Ratio is 0.99, which is near median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Italgas SpA stock overvalued right now?
Based on GuruFocus' analysis, Italgas SpA (MIL:IG) is currently considered Modestly Overvalued. The stock's GF Value™ is €8.19, compared to a current price of €10.47 — trading 27.8% above its estimated fair value. The current Current Ratio is 0.99, which is near median its 10-year median of 0.99 and 8.3% below the Utilities - Regulated industry median of 1.08. Italgas SpA's overall GF Score™ is 76/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Italgas SpA (MIL:IG), the current Current Ratio is 0.99 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Italgas SpA (MIL:IG) Overvalued in 2026?
Based on GuruFocus' analysis, Italgas SpA stock appears to be overvalued.
The current stock price of €10.47 is trading 27.8% above its estimated GF Value™ of €8.19.
GuruFocus considers Italgas SpA to be Modestly Overvalued.
Key valuation signals for MIL:IG:
Current Ratio: 0.99 (near median its 10-year median of 0.99)
GF Value™: €8.19 vs. price of €10.47 (27.8% above fair value)
Industry Position: 8.3% below the Utilities - Regulated median (#294 of 508)
No single metric tells the full story. See the MIL:IG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Italgas SpA is an Italy-based company engaged in the business of natural gas distribution. The distribution service consists of transporting gas through local pipeline networks, from points of delivery at the reduction and measurement stations interconnected with the transport networks up to the final delivery points to customers. In addition, the company is also engaged in metering activities, which consist of determining, gathering, making available, and archiving metering data on natural gas withdrawn over the distribution networks. It derives a majority of its revenue from natural gas distribution activity. The other activities of the company are the distribution and sale of water and providing technical, engineering, IT assistance, and other services.
76GF Score
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