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

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

The structural profiles are close, with NiSource carrying a narrow edge on growth. Snam S.p.A still has the edge on stability, which keeps the comparison from looking entirely one-sided. 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 comparison is mainly decided in growth, with the rest of the profile carrying less weight.

INDUSTRY COMPARISON

Both operate in: Utilities - Regulated Gas

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

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

Peer-Relative Score
NI
NiSource Inc.
65
Peer-Score
Signal qualityMedium
vs
SRG.MI
Snam S.p.A.
61
Peer-Score
Signal qualityMedium

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

The clearest separation appears in growth.

Dimension spread: NI vs SRG.MI Profitability 60 54 Stability 47 76 Valuation 67 68 Growth 87 47 NI SRG.MI
Gap Ranking
#1 Growth +40
#2 Stability +29
#3 Profitability +6
#4 Valuation +1
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

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

The setup remains mixed because the stronger profile and the more supportive price setup do not sit on the same side.

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

Relative Position vs Comparable Companies
Growth
Both rank well on growth, but NiSource Inc. still holds a clear edge.
Stability
On stability, the edge is clear — both rank well, but Snam S.p.A. sits noticeably higher.
Growth — Dominant Gap
NI
87
SRG.MI
47
Gap+40in favour of NI

Earnings growth is one contributing factor within the growth lead.

What keeps the gap from being one-sided

A meaningful counterforce remains in stability, which keeps the comparison from looking completely one-sided.

What this means for the comparison

The main read on growth is clearer than the broader score gap.

Explore full peer positioning in AssetNext

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

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how NI 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.

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.