ACEA S.p.A. — Cyborg Score 7/10

Solid
Multi-Utility Services (Water, Energy, Environment)

Strategic Profile

ACEA operates through Environment, Commercial, Water, Water (Overseas), Production, Engineering & Infrastructure Projects, and Network & Public Lighting segments, with involvement in waste management, power generation, water management, energy distribution and production, gas distribution, and environmental services. The company's diversified portfolio and strategic position in central Italy's largest metropolitan area provide stable, recurring revenues from regulated utility businesses.

Cyborg Score Rationale

ACEA demonstrates solid fundamentals as a defensive utility player with diversified operations, strong dividend yield (4.41%), and stable cash flows. However, exposure to regulated rate environments and European energy market dynamics limits growth upside potential.

Top Insights

  • Current dividend yield of 4.41% demonstrates investor income focus
  • Electricity generation diversified across hydro, thermal, and photovoltaic sources
  • Comune di Roma remains major shareholder as of December 2013
  • Recent M&A activity with Datek22 acquisition completed December 2025

Named Competitors

  • Hera — Italian multi-utility with water, gas, and waste services
  • A2A — Italian energy and utility company
  • Italgas — Italian gas distribution network operator

Recent Developments

  • (Dec 2025) Acquisition of Datek22
  • (Sep 2025) Trailing 12-month revenue of €4.54B reported
  • (Oct 2025) Workforce of 8,710 employees

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