Home Compare IG.MI vs SRG.MI
Stock Comparison · Industry comparison · Utilities - Regulated Gas

Italgas S.p.A. vs Snam S.p.A.: Which Stock Looks Stronger in 2026?

The structural profiles are close, with Italgas S.p.A carrying a narrow edge on valuation. Snam S.p.A still has the edge on growth, which keeps the comparison from looking entirely one-sided. The market setup is broadly comparable for both — no clear directional signal from price behavior. 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. Both peer scores are relative to the STOXX 600 universe, making them directly comparable.

Updated 2026-05-17

Valuation drives the lead, while growth keeps the result from looking one-sided.

INDUSTRY COMPARISON

Both operate in: Utilities - Regulated Gas

This comparison is based on industry proximity, not on functional trajectory similarity. IG.MI and SRG.MI share the same industry classification.

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

Peer-Relative Score
IG.MI
Italgas S.p.A.
60
Peer-Score
Signal qualitylow
Peer basis: STOXX 600
vs
SRG.MI
Snam S.p.A.
57
Peer-Score
Signal qualitylow
Peer basis: STOXX 600

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

The largest gaps do not all point in the same direction.

Dimension spread: IG.MI vs SRG.MI Profitability 76 67 Stability 49 57 Valuation 83 68 Growth 13 27 IG.MI SRG.MI
Gap Ranking
#1 Valuation +15
#2 Growth +14
#3 Profitability +9
#4 Stability +8
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for IG.MI and SRG.MI Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer IG.MISRG.MI Relative valuation Structural strength

The structural gap is limited here, but current pricing still leans against Snam S.p.A..

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

Entry today — historical context

Where IG.MI and SRG.MI each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY IG.MI Elevated · above norm 0th 50th 100th 0 pct gap SRG.MI Elevated · near norm 0th 50th 100th 95th 95th
IG.MI (95th percentile) and SRG.MI (95th percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Valuation
Both look solid on valuation, though Italgas S.p.A. still holds the stronger peer position.
Growth
Both sit in the weaker half on growth, with Snam S.p.A. still coming out ahead.
Valuation — Dominant Gap
IG.MI
83
SRG.MI
68
Gap+15in favour of IG.MI

The multiple-based pricing edge comes from a trailing P/E that is 2.9 turns lower.

What keeps the gap from being one-sided

There is still a strong counterforce in growth, so the lead stays clear without becoming a sweep.

What this means for the comparison

The lead is there, but one opposing signal still keeps the comparison balanced.

Explore full peer positioning in AssetNext

Break down the IG.MI vs SRG.MI comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar valuation-and-growth comparisons

Explore how IG.MI and SRG.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.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

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.