Home Compare ELI.BR vs TRN.MI
Stock Comparison · Industry comparison · Utilities - Regulated Electric

Elia Group SA/ vs Terna S.p.A.: Which Stock Looks Stronger in 2026?

Terna S.p.A holds the cleaner structural position, with the lead spread across profitability and growth. Elia / does not offset that deficit through any equally strong structural edge elsewhere. The market setup is mixed, without a decisive signal in either direction. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels.

Updated 2026-04-05

The clearest separation starts in profitability, but growth adds another real layer to the result. The overall score gap is 32 points in favour of Terna S.p.A..

INDUSTRY COMPARISON

Both operate in: Utilities - Regulated Electric

This comparison is based on industry proximity, not on functional trajectory similarity. ELI.BR and TRN.MI share the same industry classification.

For a similarity-based comparison, see how Elia / and Terna S.p.A each position within their functional peer groups in AssetNext.

Peer-Relative Score
ELI.BR
Elia Group SA/NV
38
Peer-Score
Signal qualityMedium
vs
TRN.MI
Terna S.p.A.
70
Peer-Score
Signal qualityMedium

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

Score differences across key dimensions.

Dimension spread: ELI.BR vs TRN.MI Profitability 30 93 Stability 29 53 Valuation 49 59 Growth 44 70 ELI.BR TRN.MI
Gap Ranking
#1 Profitability +63
#2 Growth +26
#3 Stability +24
#4 Valuation +10
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for ELI.BR and TRN.MI Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer ELI.BRTRN.MI Relative valuation Structural strength

Terna S.p.A. looks stronger both structurally and on relative valuation.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Relative Position vs Comparable Companies
Profitability
On profitability, Terna S.p.A. ranks near the top of the group; Elia Group SA/NV sits in the weaker half.
Growth
On growth, the edge is clear — both rank well, but Terna S.p.A. sits noticeably higher.
Profitability — Dominant Gap
ELI.BR
30
TRN.MI
93
Gap+63in favour of TRN.MI

The profitability lead is mainly driven by a 7.5-point operating margin advantage.

What else supports the lead

Earnings growth is one contributing factor within the growth lead.

What this means for the comparison

The lead is built on both profitability and growth, making it broader than a single-dimension result.

Explore full peer positioning in AssetNext

Break down the ELI.BR vs TRN.MI comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar profitability-driven comparisons

Explore how ELI.BR and TRN.MI each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.