Ascopiave S.p.A. (ASCOF)
Ascopiave S.p.A. operates in the Regulated Gas industry of the Utilities sector, headquartered in Pieve Di Soligo, TV, IT. The stock last traded at $3.33, up 0.00% on the session, giving a market capitalisation of $720.7M. On trailing twelve-month figures it carries a trailing P/E of 16.78, a net margin of 12.7%. Its beta of 0.83 implies it has historically moved less than the broad market.
Ascopiave S.p.A. is an Italian utility company primarily focused on the distribution and retail of natural gas. The firm possesses concessions and direct mandates to supply services in 268 distinct municipalities, serving roughly 775,000 users through an expansive network covering approximately 13,000 kilometers. In addition to its core gas business, Ascopiave is also active in electricity distribution, heat management, and co-generation initiatives. It provides integrated urban water management services to 100,000 inhabitants across 15 municipalities in the Province of Bergamo, utilizing an 880 km network. Moreover, the company has a stake in the renewable energy sector, operating 28 hydroelectric plants and wind turbines. Founded in 1956, Ascopiave S.p.A. is headquartered in Pieve di Soligo, Italy, and functions as a subsidiary of Asco Holding S.p.A.
Ascopiave S.p.A. is most often compared with the following Utilities names: