Terna SpA (MIL:TRN) Shareholder Yield % : -2.47% (As of Mar. 2026)


MIL:TRN Terna SpA MIL:TRN
84 GF Score
Price €10.14
GF Value €9.88
Valuation Fairly Valued
! 3 Warning Signs
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What is Terna SpA Shareholder Yield %?

Terna SpA MIL:TRN -1.55% 84 Shareholder Yield % is -2.47% as of Mar. 2026. GuruFocus rates MIL:TRN with a GF Score™ of 84/100 and a GF Value™ of €9.88 (Fairly Valued). The stock has 3 warning signs investors should review. Among 505 Utilities - Regulated companies, Terna SpA ranks worse than 62.57% on this metric.

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. It is a measure of shareholder return. As of today, Terna SpA's Shareholder Yield % was -2.47%.


Terna SpA  (MIL:TRN) Shareholder Yield % Explanation

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. The term was coined by William W. Priest of Epoch Investment Partners in a paper in 2005 entitled The Case for Shareholder Yield as a Dominant Driver of Future Equity Returns. William Priest indicated that "shareholder yield is a term that we came up with to reflect the various ways dividends can be paid to owners of a business in a publicly-traded company."

Shareholder Yield % is calculated by three components: Dividend Yield %, Buyback Yield %, and Net Debt Paydown Yield %.

Dividend Yield % shows how much a company pays out in dividends each year relative to its stock price, which is most obvious form of shareholder return.

Buyback Yield % is the net repurchase of shares outstanding over the market capital of the company. Shares repurchases also increase shareholder value by returning the money back to shareholders.

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced.


Terna SpA Shareholder Yield % Related Terms


Terna SpA Shareholder Yield % Historical Data

* Premium members only.

The historical data trend for Terna SpA's Shareholder Yield % 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.

Terna SpA Shareholder Yield % Chart

Terna SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shareholder Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.91 13.23 0.25 0.80 -7.56

Terna SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shareholder Yield % 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 -2.03 -3.69 -7.30 -7.56 -2.58

MIL:TRN vs NEE, SO, DUK: Shareholder Yield % Comparison

For the Utilities - Regulated Electric subindustry, Terna SpA's Shareholder Yield %, along with its competitors' market caps and Shareholder Yield % 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.


Terna SpA Shareholder Yield % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Terna SpA's Shareholder Yield % distribution charts can be found below:

* The bar in red indicates where Terna SpA's Shareholder Yield % falls into.


MIL:TRN
84GF Score
Terna SpA MIL:TRN
Shareholder Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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Terna SpA Shareholder Yield % Calculation

Terna SpA's Shareholder Yield % for the quarter that ended in Mar. 2026 is calculated as:

Shareholder Yield %=Dividend Yield %+Buyback Yield %+Net Debt Paydown Yield %
=4.02 %+0.00 %+-6.6 %
=-2.58 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Shareholder Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.

Frequently Asked Questions Learn more about Shareholder Yield % →
What does a Shareholder Yield % of -2.47% mean?
Terna SpA (MIL:TRN) has a Shareholder Yield % of -2.47% as of Mar. 2026. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Terna SpA and its competitors. According to the industry distribution chart, Terna SpA ranks #316 out of 505 companies in the Utilities - Regulated industry, placing it in the top 62.6%.
Is Terna SpA's Shareholder Yield % too high?
Terna SpA's current Shareholder Yield % is -2.47%. Based on the distribution chart, Terna SpA ranks #316 out of 505 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Terna SpA has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Terna SpA's Shareholder Yield % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Terna SpA ranks #316 out of 505 companies for Shareholder Yield %. This places Terna SpA in the lower half of its industry. The industry median Shareholder Yield % is 0.49. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shareholder Yield % for an Utilities - Regulated company?
The median Shareholder Yield % among Utilities - Regulated companies is 0.49, based on 505 companies in the industry. Companies in the top quartile (top 25%) have a Shareholder Yield % significantly above this median, while those in the bottom quartile fall well below. However, Shareholder Yield % 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 Shareholder Yield % mean?
A high Shareholder Yield % can signal that a stock is expensive relative to its fundamentals. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Terna SpA and its competitors. For the Utilities - Regulated industry, the median Shareholder Yield % is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Terna SpA's current Shareholder Yield % is -2.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Terna SpA stock overvalued right now?
Based on GuruFocus' analysis, Terna SpA (MIL:TRN) is currently considered Fairly Valued. The stock's GF Value™ is €9.88, compared to a current price of €10.14 — trading 2.6% above its estimated fair value. The current Shareholder Yield % is -2.47%. Terna SpA's overall GF Score™ is 84/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shareholder Yield % calculated?
Shareholder Yield % is calculated from a company's financial statements. For Terna SpA (MIL:TRN), the current Shareholder Yield % is -2.47% 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 Terna SpA (MIL:TRN) Overvalued in 2026?

Based on GuruFocus' analysis, Terna SpA stock appears to be overvalued. The current stock price of €10.14 is trading 2.6% above its estimated GF Value™ of €9.88. GuruFocus considers Terna SpA to be Fairly Valued.

Key valuation signals for MIL:TRN:

  • Shareholder Yield %: -2.47%
  • GF Value™: €9.88 vs. price of €10.14 (2.6% above fair value)
  • GF Score™: 84/100 with 3 warning signs

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


Terna SpA Business Description

Address Viale Egidio Galbani 70, Rome, ITA, 00156
Terna SpA is an electricity transmission system operator that owns virtually all of the Italian National Transmission Grid. With a monopoly under an Italian government license, Terna transmits and dispatches electricity throughout the country. It is also responsible for the planning, construction, and maintenance of the nation's electrical grid. Terna segments its operations into its Regulated Activities, Non-Regulated Activities, and International Activities. The company generates the vast majority of its revenue from charging transmission fees as a part of its Regulated Activities. Under its Non-Regulated Activities, Terna mainly produces and sells electricity transformers. The company has also made efforts to expand its operations into Italy's neighboring countries and North Africa.
84GF Score

Get the complete analysis for MIL:TRN

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

€10.14
Price
€9.88
GF Value