EN DE
STOCK COMPARISON

Terna Rete Elettrica Nazionale SpA vs Nextera Energy: Fair Value & Quality

Both stocks run through our valuation models. Here is how Terna Rete Elettrica Nazionale SpA (TRN) and Nextera Energy (NEE) compare, as of Aug 10, 2026.

As of Aug 10, 2026, Fair Value Calculator sees Terna Rete Elettrica Nazionale SpA as the less overvalued of the two: Terna Rete Elettrica Nazionale SpA trades at €10.08 versus a fair value of €7.62 (-24%), while Nextera Energy trades at $84.65 versus $32.94 (-61%).
Terna Rete Elettrica Nazionale SpA
TRN.MI · EUR · Utilities
-24%
upside to fair value
overvalued
Price€10.08
Fair Value€7.62
Quality48/100
Nextera Energy
NEE · USD · Utilities
-61%
upside to fair value
overvalued
Price$84.65
Fair Value$32.94
Quality46/100

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

Terna Rete Elettrica Nazionale SpANextera Energy
Valuation
19.1×P/E (TTM)22.6×
5.74×P/S (TTM)6.69×
3.12×P/B3.41×
12.5×EV/EBITDA19.3×
2.09×PEG1.95×
3.6%Dividend yield2.6%
€0.37Dividend per share$2.32
Profitability
27%Net margin29%
45%Operating margin30%
13%Return on equity10%
4%Return on assets2%
Growth
10%Revenue growth (YoY)7%
11.6%Avg. growth/yr (3Y)9.4%
11.1%Avg. growth/yr (5Y)8.8%
Balance & size
1.51×Debt / equity1.64×
$24BMarket cap$186B
expensiveGrowth qualityexpensive

Terna Rete Elettrica Nazionale SpA leads: 12 to 2 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Terna Rete Elettrica Nazionale SpAof which business quality 45 · market factors 70 Nextera Energyof which business quality 44 · market factors 60
ProfitabilityMargins and returns on capital today
44
40
Quality GrowthAre margins and returns improving?
46
59
CashflowEarnings quality: real cash, not paper profit
50
61
Fin. StrengthBalance sheet, leverage, solvency risk
27
13
InvestmentDisciplined investing over empire-building
27
30
Low VolatilityCalm price path (market factor)
94
86
MomentumPrice trend over the last 3–12 months (market factor)
53
44
52W MomentumDistance to the 52-week high (market factor)
72
58
Net IssuanceBuybacks instead of dilution
82
65

What the models say

The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.

Terna Rete Elettrica Nazionale SpA

Earnings-Based€3.95
Dividend Discount€6.87
Multiples€7.78
Asset-Based€2.51
Economic Profit€3.45
Growth Earnings€9.16

14 of 15 models see the stock below the current price.

Nextera Energy

DCF Models$9.40
Earnings-Based$16.48
Dividend Discount$37.40
Multiples$32.94
Asset-Based$17.54
Economic Profit$28.99
Growth Earnings$50.39

17 of 17 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

Terna Rete Elettrica Nazionale SpA
Bear €4.53Fair Value €7.62Bull €10.97
€10.08 = current price (white tick)
Nextera Energy
Bear $24.70Fair Value $32.94Bull $46.73
$84.65 = current price (white tick)

Compare two other stocks

Tap a field and type again, ticker or company name.

Free, no sign-up

Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Terna Rete Elettrica Nazionale SpA · Utilities

Quality score48 · above median
Fair value upside-24% · below median

Nextera Energy · Utilities

Quality score46 · above median
Fair value upside-61% · bottom 25%

Bottom line

As of Aug 10, 2026, Fair Value Calculator sees Terna Rete Elettrica Nazionale SpA as the less overvalued of the two: Terna Rete Elettrica Nazionale SpA trades at €10.08 versus a fair value of €7.62 (-24%), while Nextera Energy trades at $84.65 versus $32.94 (-61%).

Terna Rete Elettrica Nazionale SpA has the higher quality score (48/100).

See the full analysis →
Terna Rete Elettrica Nazionale SpA · Nextera Energy

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

Related to Terna Rete Elettrica Nazionale SpA

Alphabet Inc Class C vs Verizon CommunicationsAlphabet Inc Class C vs At&tAlphabet Inc Class C vs NetEaseAmazon.com vs Toyota Motor Corporation

Related to Nextera Energy

Amazon.com vs PDD HoldingsAmazon.com vs Sony GroupMeta Platforms vs Verizon CommunicationsMeta Platforms vs At&t
Free · Top-25 report

See the undervalued quality stocks every month

Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.

A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.