Prysmian SpA
PRY: XMIL (ITA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $t | LOCK|YH<%G | LOCK|b@h&P<Z |
Prysmian Earnings: Transmission Margins Hold; Raising Fair Value by 3%; Shares Remain Overvalued
Prysmian's first-quarter results were impressive. A modest EBITDA miss masked a second consecutive quarter of 20%-plus transmission margins and a developing hyperscaler opportunity in digital solutions that could structurally reshape the long-term earnings mix.
