ITGGF (Italgas SpA) FCF Margin %: 102.73% (As of Mar. 2026) — 8606% Above Median


ITGGF Italgas SpA ITGGF
77 GF Score
Price $11.54
GF Value $9.19
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Italgas SpA FCF Margin %?

Italgas SpA ITGGF 77 FCF Margin % is 102.73% as of Mar. 2026, which is 8606% above its 10-year median of 1.18. GuruFocus rates ITGGF with a GF Score™ of 77/100 and a GF Value™ of $9.19 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 499 Utilities - Regulated companies, Italgas SpA ranks better than 85.37% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Italgas SpA's Free Cash Flow for the three months ended in Mar. 2026 was $743 Mil. Italgas SpA's Revenue for the three months ended in Mar. 2026 was $724 Mil. Therefore, Italgas SpA's FCF Margin % for the quarter that ended in Mar. 2026 was 102.73%.

As of today, Italgas SpA's current FCF Yield % is 6.39%.

The historical rank and industry rank for Italgas SpA's FCF Margin % or its related term are showing as below:

ITGGF' s FCF Margin % Range Over the Past 10 Years
Min: -50.47   Med: 1.18   Max: 16.48
Current: 16.48


During the past 10 years, the highest FCF Margin % of Italgas SpA was 16.48%. The lowest was -50.47%. And the median was 1.18%.

ITGGF's FCF Margin % is ranked better than
85.37% of 499 companies
in the Utilities - Regulated industry
Industry Median: 2.36 vs ITGGF: 16.48


Italgas SpA FCF Margin % Related Terms


Italgas SpA FCF Margin % Historical Data

* Premium members only.

The historical data trend for Italgas SpA's FCF Margin % 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.

Italgas SpA FCF Margin % Chart

Italgas SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 -10.49 -11.28 8.31 15.33

Italgas SpA Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.27 1.87 0.00 0.00 102.73

ITGGF vs ATO, NI, UGI: FCF Margin % Comparison

For the Utilities - Regulated Gas subindustry, Italgas SpA's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Italgas SpA's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Italgas SpA's FCF Margin % falls into.


ITGGF
77GF Score
Italgas SpA ITGGF
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Italgas SpA FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Italgas SpA's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=629.698/4108.083
=15.33 %

Italgas SpA's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=743.353/723.584
=102.73 %

* 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.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 102.73% mean?
Italgas SpA (ITGGF) has a FCF Margin % of 102.73% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Italgas SpA and its competitors. This is 8606% above median its historical median of 1.18. According to the industry distribution chart, Italgas SpA ranks #73 out of 499 companies in the Utilities - Regulated industry, placing it in the top 14.6%.
Is Italgas SpA's FCF Margin % too high?
Italgas SpA's current FCF Margin % of 102.73% is 8606% above median its 10-year median of 1.18. The Utilities - Regulated industry median FCF Margin % is 2.36. Italgas SpA's value of 102.73% is 4253% above this industry median. Based on the distribution chart, Italgas SpA ranks #73 out of 499 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Italgas SpA has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Italgas SpA's FCF Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Italgas SpA ranks #73 out of 499 companies for FCF Margin %. This places Italgas SpA in the top 15% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 2.36. Italgas SpA's value of 102.73% is 4253% above this benchmark. While the company's 10-year median is 1.18 vs. the industry median of 2.36, Italgas SpA has consistently been above 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 FCF Margin % for an Utilities - Regulated company?
The median FCF Margin % among Utilities - Regulated companies is 2.36, based on 499 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Italgas SpA's current FCF Margin % of 102.73% is 4253% above 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Italgas SpA and its competitors. For the Utilities - Regulated industry, the median FCF Margin % is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Italgas SpA's current FCF Margin % is 102.73%, which is 8606% above median its own 10-year median of 1.18. 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 (ITGGF) is currently considered Modestly Overvalued. The stock's GF Value™ is $9.19, compared to a current price of $11.54 — trading 25.5% above its estimated fair value. The current FCF Margin % is 102.73%, which is 8606% above median its 10-year median of 1.18 and 4253% above the Utilities - Regulated industry median of 2.36. Italgas SpA's overall GF Score™ is 77/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Italgas SpA (ITGGF), the current FCF Margin % is 102.73% 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 (ITGGF) Overvalued in 2026?

Based on GuruFocus' analysis, Italgas SpA stock appears to be overvalued. The current stock price of $11.54 is trading 25.5% above its estimated GF Value™ of $9.19. GuruFocus considers Italgas SpA to be Modestly Overvalued.

Key valuation signals for ITGGF:

  • FCF Margin %: 102.73% (8606% above median its 10-year median of 1.18)
  • GF Value™: $9.19 vs. price of $11.54 (25.5% above fair value)
  • GF Score™: 77/100 with 9 warning signs
  • Industry Position: 4253% above the Utilities - Regulated median (#73 of 499)

No single metric tells the full story. See the ITGGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Italgas SpA Business Description

Address Via Carlo Bo 11, Milano, ITA, 20143
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.
77GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.54
Price
$9.19
GF Value