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Snam SpASNMRF 69 5-Year Yield-on-Cost % is 5.79 as of Jul. 17, 2026, which is 13% below its 10-year median of 6.63. GuruFocus rates SNMRF with a GF Score™ of 69/100 and a GF Value™ of $5.59 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 434 Utilities - Regulated companies, Snam SpA ranks better than 72.35% on this metric.
Snam SpA's yield on cost for the quarter that ended in Mar. 2026 was 5.79.
The historical rank and industry rank for Snam SpA's 5-Year Yield-on-Cost % or its related term are showing as below:
SNMRF'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.31 Med: 6.63 Max: 10.46
Current: 5.79
During the past 13 years, Snam SpA's highest Yield on Cost was 10.46. The lowest was 5.31. And the median was 6.63.
SNMRF's 5-Year Yield-on-Cost % is ranked better than 72.35% of 434
companies
in the Utilities - Regulated industry
Industry Median: 4.105
vs SNMRF: 5.79
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Snam SpA 5-Year Yield-on-Cost % Related Terms
SNMRF vs ATO, NI, UGI: 5-Year Yield-on-Cost % Comparison
For the Utilities - Regulated Gas subindustry, Snam SpA's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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.
Snam SpA 5-Year Yield-on-Cost % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Snam SpA's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Snam SpA's 5-Year Yield-on-Cost % falls into.
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Therefore, Yield-on-Cost of Snam SpA is calculated as
Snam SpA (SNMRF) has a 5-Year Yield-on-Cost % of 5.79 as of Jul. 17, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Snam SpA and its competitors. This is 13% below median its historical median of 6.63. Over the past decade, Snam SpA's 5-Year Yield-on-Cost % has ranged from 5.31 to 10.46. According to the industry distribution chart, Snam SpA ranks #120 out of 434 companies in the Utilities - Regulated industry, placing it in the top 27.6%.
Is Snam SpA's 5-Year Yield-on-Cost % too high?
Snam SpA's current 5-Year Yield-on-Cost % of 5.79 is 13% below median its 10-year median of 6.63. Over the past 10 years, this metric has ranged from a low of 5.31 to a high of 10.46. The Utilities - Regulated industry median 5-Year Yield-on-Cost % is 4.11. Snam SpA's value of 5.79 is 41% above this industry median. Based on the distribution chart, Snam SpA ranks #120 out of 434 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Snam SpA has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Snam SpA's 5-Year Yield-on-Cost % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Snam SpA ranks #120 out of 434 companies for 5-Year Yield-on-Cost %. This puts Snam SpA in the upper half of its industry. The industry median 5-Year Yield-on-Cost % is 4.11. Snam SpA's value of 5.79 is 41% above this benchmark. Historically, Snam SpA's own 5-Year Yield-on-Cost % has ranged from 5.31 to 10.46 over the past decade. While the company's 10-year median is 6.63 vs. the industry median of 4.11, Snam 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 5-Year Yield-on-Cost % for an Utilities - Regulated company?
The median 5-Year Yield-on-Cost % among Utilities - Regulated companies is 4.11, based on 434 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Snam SpA's current 5-Year Yield-on-Cost % of 5.79 is 41% 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Snam SpA and its competitors. For the Utilities - Regulated industry, the median 5-Year Yield-on-Cost % is 4.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Snam SpA's current 5-Year Yield-on-Cost % is 5.79, which is 13% below median its own 10-year median of 6.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Snam SpA stock overvalued right now?
Based on GuruFocus' analysis, Snam SpA (SNMRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.59, compared to a current price of $7.35 — trading 31.4% above its estimated fair value. The current 5-Year Yield-on-Cost % is 5.79, which is 13% below median its 10-year median of 6.63 and 41% above the Utilities - Regulated industry median of 4.11. Snam SpA's overall GF Score™ is 69/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Snam SpA (SNMRF), the current 5-Year Yield-on-Cost % is 5.79 as of Jul. 17, 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 Snam SpA (SNMRF) Overvalued in 2026?
Based on GuruFocus' analysis, Snam SpA stock appears to be overvalued.
The current stock price of $7.35 is trading 31.4% above its estimated GF Value™ of $5.59.
GuruFocus considers Snam SpA to be Significantly Overvalued.
Key valuation signals for SNMRF:
5-Year Yield-on-Cost %: 5.79 (13% below median its 10-year median of 6.63)
GF Value™: $5.59 vs. price of $7.35 (31.4% above fair value)
Industry Position: 41% above the Utilities - Regulated median (#120 of 434)
No single metric tells the full story. See the SNMRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Snam operates a network of about 38,000 kilometers of natural gas pipelines in Italy and abroad. It also holds 17% of European gas storage capacity and 18.1 billion cubic meters of LNG regasification capacity. Snam is investing in hydrogen, biofuels, carbon capture and storage, and energy efficiencies to prepare for the energy transition. Snam became independent from Eni in 2012 after the latter sold its stake to Cassa Depositi e Prestiti, a financial institution controlled by the Ministry of Economy and Finance.
69GF Score
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