Snam Valuation Multiples

Snam Overview

About Snam

Snam operates a network of about 38,000 kilometers of natural gas pipelines in Italy and abroad. It also holds 17.1% of European gas storage capacity and 13.5 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.

Founded

1941

HQ

Employees

3.9K

Website

snam.it

Sectors

Energy ServicesUtilities

Financials (LTM)

Revenue: $5B

EBITDA: $4B

EV

$47B

Valuation Multiples

Multiples.vc

Start free trial

Snam Financials

Snam reported last 12-month revenue of $5B and EBITDA of $4B.

In the same LTM period, Snam generated $4B in EBITDA and $2B in net income.

Snam P&L

In the most recent fiscal year, Snam reported revenue of $5B and EBITDA of $4B.

Snam expects next 12-month revenue of XXX and NTM EBITDA of XXX

Snam Stock Performance

Snam has current market cap of $26B, and enterprise value of $47B.

Snam's stock price is $7.82.

Snam Valuation Multiples

Snam trades at 10.2x EV/Revenue multiple, and 13.4x EV/EBITDA.

Snam Financial Valuation Multiples

As of April 19, 2026, Snam has market cap of $26B and EV of $47B.

Equity research analysts estimate Snam's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Snam has a P/E ratio of 17.0x.

Snam Margins & Growth Rates

Snam's revenue in the last 12 month grew by 6%.

Snam's revenue per employee in the last FY averaged $1.2M, while opex per employee averaged $0.6M for the same period.

Snam's rule of 40 is 82% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Snam's rule of X is 91% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Snam Public Comps

See public comps and valuation multiples for other Energy Services and Utilities comps.

Snam M&A Activity

Snam acquired XXX companies to date.

Last acquisition by Snam was on XXXXXXXX, XXXXX. Snam acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

Snam Investment Activity

Snam invested in XXX companies to date.

Snam made its latest investment on XXXXXXXX, XXXXX. Snam invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).