A2A SpA (CHIX:A2AM) Preferred Stock: €0 Mil (As of Mar. 2026)


CHIX:A2AM A2A SpA CHIX:A2AM
83 GF Score
Price €2.33
GF Value €2.40
Valuation Fairly Valued
! 2 Warning Signs
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What is A2A SpA Preferred Stock?

A2A SpA CHIX:A2AM 83 Preferred Stock is €0 Mil as of Mar. 2026. GuruFocus rates CHIX:A2AM with a GF Score™ of 83/100 and a GF Value™ of €2.40 (Fairly Valued). The stock has 2 warning signs investors should review.

Preferred stock is a special equity security that has properties of both equity and debt. A2A SpA's preferred stock for the quarter that ended in Mar. 2026 was €0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. A2A SpA's Enterprise Value for the quarter that ended in Mar. 2026 was €6,334 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. A2A SpA's Book Value per Share for the quarter that ended in Mar. 2026 was €1.96.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). A2A SpA's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was €0.07.


A2A SpA  (CHIX:A2Am) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

A2A SpA's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

A2A SpA's Book Value per Share for the quarter that ended in Mar. 2026 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

A2A SpA's Earnings per Share (Diluted) (EPS) for the three months ended in Mar. 2026 is calculated as

* 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.


A2A SpA Preferred Stock Related Terms


A2A SpA Preferred Stock Historical Data

* Premium members only.

The historical data trend for A2A SpA's Preferred Stock 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.

A2A SpA Preferred Stock Chart

A2A SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Preferred Stock
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A2A SpA Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Preferred Stock 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 0.00 0.00 0.00 0.00 0.00
CHIX:A2AM
83GF Score
A2A SpA CHIX:A2AM
Preferred Stock is just one metric. See GF Score™, valuation, warning signs, and more.
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A2A SpA Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.

Frequently Asked Questions Learn more about Preferred Stock →
What does a Preferred Stock of €0 Mil mean?
A2A SpA (CHIX:A2AM) has a Preferred Stock of €0 Mil as of Mar. 2026. Preferred Stock represents the par value of a company's preferred shares. View historical data on A2A SpA and its competitors.
Is A2A SpA's Preferred Stock too high?
A2A SpA's current Preferred Stock is €0 Mil. Overall, A2A SpA has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does A2A SpA's Preferred Stock compare to SRE?
A2A SpA's Preferred Stock of €0 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Preferred Stock for an Utilities - Regulated company?
A good Preferred Stock depends on the Utilities - Regulated industry context. However, Preferred Stock should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Preferred Stock mean?
A high Preferred Stock can signal that a stock is expensive relative to its fundamentals. Preferred Stock represents the par value of a company's preferred shares. View historical data on A2A SpA and its competitors. A2A SpA's current Preferred Stock is €0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A2A SpA stock overvalued right now?
Based on GuruFocus' analysis, A2A SpA (CHIX:A2AM) is currently considered Fairly Valued. The stock's GF Value™ is €2.40, compared to a current price of €2.33 — trading 2.9% below its estimated fair value. The current Preferred Stock is €0 Mil. A2A SpA's overall GF Score™ is 83/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Preferred Stock calculated?
Preferred Stock is calculated from a company's financial statements. For A2A SpA (CHIX:A2AM), the current Preferred Stock is €0 Mil 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 A2A SpA (CHIX:A2AM) Overvalued in 2026?

Based on GuruFocus' analysis, A2A SpA stock appears to be undervalued. The current stock price of €2.33 is trading 2.9% below its estimated GF Value™ of €2.40. GuruFocus considers A2A SpA to be Fairly Valued.

Key valuation signals for CHIX:A2AM:

  • Preferred Stock: €0 Mil
  • GF Value™: €2.40 vs. price of €2.33 (2.9% below fair value)
  • GF Score™: 83/100 with 2 warning signs

No single metric tells the full story. See the CHIX:A2AM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


A2A SpA Business Description

Address Via Lamarmora 230, Brescia, ITA, 25124
A2A SpA together with its subsidiaries is engaged in the production, sale, and distribution of electricity; sale and distribution of gas; production, distribution, and sale of heat through district heating networks, technical consultancy relating to energy efficiency certificates, waste management (from collection and sweeping to disposal) and the construction and management of integrated waste disposal plants and systems, also making these available for other operators, and integrated water cycle management.
83GF Score

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

€2.33
Price
€2.40
GF Value