ERG SpA (MIL:ERG) Momentum Rank: 7 (As of Sep. 02, 2026) — 17% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:ERG ERG SpA MIL:ERG
73 GF Score
Price €22.32
GF Value €23.92
Valuation Fairly Valued
! 5 Warning Signs
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What is ERG SpA Momentum Rank?

ERG SpA MIL:ERG +0.27% 73 Momentum Rank is 7 as of Sep. 02, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates MIL:ERG with a GF Score™ of 73/100 and a GF Value™ of €23.92 (Fairly Valued). The stock has 5 warning signs investors should review.

ERG SpA has the Momentum Rank of 7.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

ERG SpA Momentum Rank Competitor Comparison

For the Utilities - Renewable subindustry, ERG SpA's Momentum Rank, along with its competitors' market caps and Momentum Rank 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.

ERG SpA Momentum Rank vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, ERG SpA's Momentum Rank distribution charts can be found below:

* The bar in red indicates where ERG SpA's Momentum Rank falls into.


MIL:ERG
73GF Score
ERG SpA MIL:ERG
Momentum Rank is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Momentum Rank →
What does a Momentum Rank of 7 mean?
ERG SpA (MIL:ERG) has a Momentum Rank of 7 as of Sep. 02, 2026. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on ERG SpA and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, ERG SpA's Momentum Rank has ranged from 1.00 to 10.00.
Is ERG SpA's Momentum Rank too high?
ERG SpA's current Momentum Rank of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 10.00. Overall, ERG SpA has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ERG SpA's Momentum Rank compare to competitors?
ERG SpA's Momentum Rank of 7 can be compared against companies in the Utilities - Independent Power Producers industry. Historically, ERG SpA's own Momentum Rank has ranged from 1.00 to 10.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Momentum Rank for an Utilities - Independent Power Producers company?
A good Momentum Rank depends on the Utilities - Independent Power Producers industry context. However, Momentum Rank 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 Momentum Rank mean?
A high Momentum Rank can signal that a stock is expensive relative to its fundamentals. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on ERG SpA and its competitors. ERG SpA's current Momentum Rank is 7, which is 17% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ERG SpA stock overvalued right now?
Based on GuruFocus' analysis, ERG SpA (MIL:ERG) is currently considered Fairly Valued. The stock's GF Value™ is €23.92, compared to a current price of €22.32 — trading 6.7% below its estimated fair value. The current Momentum Rank is 7, which is 17% above median its 10-year median of 6.00. ERG SpA's overall GF Score™ is 73/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Momentum Rank calculated?
Momentum Rank is calculated from a company's financial statements. For ERG SpA (MIL:ERG), the current Momentum Rank is 7 as of Sep. 02, 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 ERG SpA (MIL:ERG) Overvalued in 2026?

Based on GuruFocus' analysis, ERG SpA stock appears to be undervalued. The current stock price of €22.32 is trading 6.7% below its estimated GF Value™ of €23.92. GuruFocus considers ERG SpA to be Fairly Valued.

Key valuation signals for MIL:ERG:

  • Momentum Rank: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: €23.92 vs. price of €22.32 (6.7% below fair value)
  • GF Score™: 73/100 with 5 warning signs

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

ERG SpA Business Description

Other Exchanges ERGm:UK0MHC:UKER9:Germany
Address Via De Marini, 1, Torre WTC, Genoa, ITA, 16149
ERG SpA produces electricity from clean, renewable, and sustainable sources. Its energy comes from the combination of natural resources such as wind and sun. The company produces wind power, and electricity as a hydroelectric operator to markets across Europe. Electricity is also generated from natural gas operations located in Italy. ERG's wind power production is handled by subsidiary ENG Renew which focuses on developing, building, and operating wind assets. Hydropower and natural gas operations are split off into ERG Power Generation. The company's hydro assets include plants, dams, reservoirs, and a pumping station. Electricity from the plant is either fed into Italy's national grid or used to power other industrial plants.
73GF Score

Get the complete analysis for MIL:ERG

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

€22.32
Price
€23.92
GF Value