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EMII.MI Borsa Italiana Oil & Gas Exploration & Production

BPER Banca SpA

€13,04
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Mcap
25,6B EUR
P/E
14,1x
EV / Rev
16,8x
Div yield
4,72 %
Op margin
ROE
11,0 %
Net margin
47,7 %
Debt / equity
2,32
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
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About

BPER Banca SpA is a financial institution operating in the banking sector, generating revenue through interest income and fee-based services, as indicated by its sector classification classification as a Bank within the Financials sector.

Business. BPER Banca SpA (EMII.MI) is a company engaged in the exploration and production of oil and gas. The firm operates within the Oil & Gas industry, specifically focusing on exploration and production activities. It is headquartered in Italy and is primarily listed on the Borsa Italiana. No specific operating segments or geographic breakdowns are provided in the available data.

Classification62 %
SectorEnergy
Business sectorOil & Gas
IndustryOil & Gas Exploration & Production
ActivityExploration & Production
Generated · model-assisted
Sell-side consensus
BUY11 analysts
8 buy3 hold0 sell
Avg 12m price target14,49

Analyst recommendations

11 analysts · consensus Buy
Buy8
Hold3
Sell0
12-month price target
14,49
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
14,1x
P/E
Analysts
Buy
11 analysts · indicative
Ownership
not yet wired
Profitability
11,0 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning EMII.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy · THIS SECTOR+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to EMII.MI. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    BPER Banca SpA (EMII.MI) is a company engaged in the exploration and production of oil and gas. The firm operates within the Oil & Gas industry, specifically focusing on exploration and production activities. It is headquartered in Italy and is primarily listed on the Borsa Italiana. No specific operating segments or geographic breakdowns are provided in the available data.

    Classification62 %
    SectorEnergy
    Business sectorOil & Gas
    IndustryOil & Gas Exploration & Production
    ActivityExploration & Production
    AI synthesis
    GENERATED

    BPER Banca SpA maintains a capital structure characterized by a debt-to-equity ratio of 2.32, reflecting significant leverage typical of banking operations where customer deposits constitute liabilities. The company holds total assets of EUR 204.65 billion against total liabilities of EUR 188.08 billion, resulting in total equity of EUR 16.57 billion. Liquidity is assessed as medium risk, with operating cash flow standing at EUR 3.12 billion and free cash flow at EUR 865.02 million. The balance sheet shows negative net cash after subtracting total debt, which includes long-term debt of EUR 38.47 billion.

    Profitability metrics indicate a return on equity (ROE) of 10.98% and a return on assets (ROA) of 0.89%. The company generated net income of EUR 1.82 billion on revenue of EUR 3.81 billion, yielding a net margin of approximately 47.7%. While specific cohort medians are not provided for direct comparison, the ROE suggests moderate efficiency in generating profits from shareholder equity. The valuation snapshot shows a price-to-earnings ratio of 14.07 and a price-to-book ratio of 1.54, indicating the market values the company at a premium to its book value.

    Key takeaways
    • BPER Banca SpA trades at a P/E of 14.07 and P/B of 1.54, with an ROE of 10.98%.
    • The company holds EUR 204.65 billion in assets and EUR 16.57 billion in equity, with a debt-to-equity ratio of 2.32.
    • Analysts maintain a positive outlook with a mean price target of EUR 14.49 and a mean recommendation of 2.00.
    • Risk assessment flags medium liquidity and dilution risks, with negative net cash after debt subtraction.
    • Classification data contains conflicting signals, labeling the company as Oil & Gas while sector classification codes identify it as a Bank.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Annual
    ANNUALFiled 2026-02-03
    FY 2026 · Full-year highlights

    Revenue €3.81B, +12,8% YoY; Net income +29,6% YoY.

    Revenue€3.81B+12,8 % YoY
    Operating income
    Net income€1.82B+29,6 % YoY
    Free cash flow€865.0M−9,8 % YoY
    EPS
    Operating cash flow€3.12B+225,1 % YoY
    Financials
    Income statement
    Revenue€3.81B
    Gross profit
    Operating income
    Net income€1.82B
    Margins
    Gross margin
    Operating margin
    Net margin47.7%
    FCF margin22.7%
    Balance sheet
    Total assets€204.65B
    Total liabilities€188.08B
    Total equity€16.57B
    Cash & equivalents
    Long-term debt€38.47B
    Cash flow
    Operating cash flow€3.12B
    CapEx-€312.3M
    Free cash flow€865.0M
    SBC
    P&L flow · revenue → net income
    Revenue €3.81BFinance €1.37BNet income €1.82B
    Highlights
    • Revenue €3.81B, +12,8% YoY
    • Net income +29,6% YoY
    • Free cash flow −9,8% YoY
    • Net margin 47.7%

    Valuation FY

    Market price
    €13,04
    Market cap
    €25.59B
    Enterprise value
    €64.07B
    P/E
    14.1x
    Non-GAAP P/E
    EV / Revenue
    16.8x
    EV / Op income
    EV / OCF
    20.5x
    P / B
    1.5x
    P / Tangible book
    1.5x
    Tangible book
    €16.57B
    Net cash
    -€38.47B
    Current ratio
    Debt / equity
    2.3
    ROA
    0.9%
    ROE
    11.0%
    Cash conversion
    172.0%
    CapEx / revenue
    -8.2%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 46 %
    EPS
    Consensus EPS
    1,14
    Predicted surprise
    +0,01
    Beat probability
    46 %
    Analysts
    11
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    revision ratio 0,02 · as of 2026-07-13 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate1,14
    Revenueno estimateno estimate7,6B EUR
    Operating incomeno estimateno estimate4,3B EUR
    Full-year consensus mean (period as reported by source) · consensus in EUR. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution11 analysts
    Strong buy3
    Buy5
    Hold3
    Sell0
    Strong sell0
    12-month price target€14,49 · Median €14,50
    Low €12,90High €16,00
    Operating income · consensus4,3B EUR
    EPS surprise
    +1,0 %
    reported vs consensus · beat
    Revenue surprise
    −12,8 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low€12,90
    Mean€14,49
    Median€14,50
    High€16,00
    Spot€13,04
    +11.1 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskMedium
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.
    • Source documents mention dilution or offering risk.

    Benchmarks vs cohort

    Net Margin47,8 %Best in class
    ROE11,0 %Above median
    Capex / Rev-8,2 %Below median
    D/E2,32Bottom quartile
    Cash Conv1,72Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Reference data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Return On Equity
      net_income / total_equity
    • Capex To Revenue
      capital_expenditure / revenue
    • Market Cap
      market_price * shares_outstanding_diluted
    • Enterprise Value
      market_cap - net_cash
    • Return On Assets
      net_income / total_assets
    Source documents
    • BPER Banca SpA Market data — financials · 2026-07-13
    • BPER Banca SpA Market data — analyst estimates · 2026-07-13
    • BPER Banca SpA Market data — ESG · 2026-07-13
    • BPER Banca SpA — company reference export (2026-07-05) · 2026-07-13

    Ownership & reference

    Leadership

    • Gianni Franco PapaChief Executive Officer, Executive Director

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    EMII.MICanonical
    Borsa Italiana · EUR

    Intel & risk

    PredictorBeat prob46 %Surprise+0,01Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskMedium
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.
    Source documents mention dilution or offering risk.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-02-03 20:23 UTCEARNINGSAnnual results — FY 2026 Revenue EUR 3.81B · Net EUR 1.82B
    2025-02-06 19:49 UTCEARNINGSAnnual results — FY 2025 Revenue EUR 3.38B · Net EUR 1.40B
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Reference data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage