FNM fundamentals
Key facts
FNM SpA is a holding company, which engages in the provision of transport and mobility services. It operates through the following segments: Highways, Railway Infrastructure, Energy, Rolling Stock Company and Services, and Mobility and Services. The Highways segment focuses on the design, construction, and management of motorway infrastructure through a concession. The Railway Infrastructure segment includes management, maintenance, design, and construction of railway infrastructure in Lombardy. The Energy segment refers to renewable energy production, multiple initiatives for solar and wind power plants in different stages of implementation, and operational structure with established expertise. The Rolling Stock Company and Services segment leases rolling stock in the local public transport and freight logistics sector. The Mobility and Services segment offers local public transport services in Lombardy, train replacement services for Trenord, and electric car sharing services. The company was founded in 1877 and is headquartered in Milan, Italy.
Valuation
Fundamental metrics to determine fair value of the stock
Growth and Profitability
Company’s recent performance and margins
Dividends
Dividend yield, history and sustainability
Financial health
Financial position and solvency of the company