ATON Green Storage S.p.A. (ATON) AI Stock Analysis

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ATON Green Storage S.p.A.

(Milan:ATON)

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Rating:42Neutral

Price Target:EUR 0.41▼(-2.87% Downside)

Action:reiterated

Date:10/27/26

The score is driven primarily by weak financial performance—sharp profitability deterioration, elevated leverage with a weakening equity cushion, and consistently negative operating cash flow. Technical indicators also point to a bearish trend (below key moving averages and negative MACD). Valuation offers limited support because losses drive a negative P/E and no dividend yield is provided.

Positive Factors

Historical Profitability CapabilityPrior profitable years show that the business has previously demonstrated an ability to generate healthy margins. This provides evidence of an underlying earnings model that could support recovery if revenue and operating execution stabilize, although recent results have reversed that performance.

Negative Factors

Sharp Profitability and Revenue DeteriorationThe shift from prior profits to sizable losses, combined with negative gross profit and sharply lower revenue, indicates substantial pressure on demand or execution. Unless reversed, this weakens the earnings base, reduces reinvestment capacity, and makes recovery more dependent on external financing.

ATON Green Storage S.p.A. (ATON) vs. iShares MSCI Italy ETF (EWI)

Market Cap: EUR 3.13M
Dividend Yield: ―
Average Volume (3M): 22.27K
Price to Earnings (P/E): -0.2
Beta (1Y): 0.61
Revenue Growth: -43.66%
EPS Growth: -66.81%
Country: Italy
Employees: 40
Sector: Industrials
Sector Strength: 63
Industry: Electrical Equipment & Parts

ATON Green Storage S.p.A. Business Overview & Revenue Model

Company Description

ATON Green Storage S.p.A. specializes in the development, manufacturing, and distribution of energy storage solutions, primarily for solar power installations and general battery storage applications. Their comprehensive product portfolio includes re...

How the Company Makes Money

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ATON Green Storage S.p.A. Financial Statement Overview

Summary

Financial statements indicate elevated risk: profitability has deteriorated from profits (2021–2023) to sizable losses (2024–2025), including negative gross profit in 2025. Leverage has risen (debt-to-equity ~1.92x in 2024) while equity weakened, and operating cash flow has been persistently negative across most recent years—pressuring liquidity and flexibility.

Income Statement

18Very Negative

Balance Sheet

32Negative

Cash Flow

14Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	4.75M	5.01M	13.64M	41.86M	50.68M	22.78M
Gross Profit	-9.91M	-10.37M	4.72M	14.17M	19.38M	8.20M
EBITDA	-9.74M	-9.18M	-2.59M	8.09M	11.40M	4.68M
Net Income	-12.96M	-12.31M	-5.97M	3.74M	7.16M	2.48M
Balance Sheet
Total Assets	30.37M	36.58M	61.75M	66.32M	47.66M	24.25M
Cash, Cash Equivalents and Short-Term Investments	843.31K	695.00K	16.06M	15.31M	6.86M	863.99K
Total Debt	24.25M	26.52M	36.84M	31.46M	19.19M	4.14M
Total Liabilities	27.81M	29.60M	42.55M	41.13M	26.05M	9.94M
Stockholders Equity	2.57M	6.98M	19.21M	25.19M	21.61M	14.31M
Cash Flow
Free Cash Flow	-2.82M	0	-4.38M	-3.89M	-9.08M	-6.31M
Operating Cash Flow	-4.82M	-1.29M	-2.89M	-1.35M	-7.95M	-3.92M
Investing Cash Flow	11.55M	7.16M	-5.02M	-9.97M	-1.10M	-2.36M
Financing Cash Flow	-7.01M	-10.45M	5.38M	12.27M	15.05M	7.70M

ATON Green Storage S.p.A. Technical Analysis

Technical Analysis SentimentNeutral

Last Price0.42

Price Trends

50DMA0.45Negative

100DMA0.39Positive

200DMA0.70Negative

Market Momentum

MACD-0.02Positive

RSI43.66Neutral

STOCH47.16Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:ATON, the sentiment is Neutral. The current price of 0.42 is below the 20-day moving average (MA) of 0.47, below the 50-day MA of 0.45, and below the 200-day MA of 0.70, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 43.66 is Neutral, neither overbought nor oversold. The STOCH value of 47.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IT:ATON.

ATON Green Storage S.p.A. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (63)

Financial Indicators

IT:ATON against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IT:COM	66Neutral	EUR 1.31B	18.39	―	1.86%	30.77%	19.63%
Sector *	63Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
IT:LUVE	62Neutral	EUR 1.38B	28.31	―	0.76%	8.27%	54.11%
IT:ARIS	59Neutral	EUR 1.21B	10.95	―	2.89%	4.96%	17.64%
IT:DNR	59Neutral	EUR 1.14B	7.67	―	1.90%	-1.76%	-3.61%
IT:ATON	42Neutral	EUR 3.13M	-0.24	-271.43%	―	-43.66%	-66.81%

* Industrials Sector Average

Performance Comparison

IT:ATON and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IT:ATON	ATON Green Storage S.p.A.	0.42	-1.39	-76.91%
IT:ARIS	Ariston Holding NV	3.47	0.03	0.81%
IT:COM	Comer Industries SpA	45.80	9.39	25.78%
IT:ENY	Energy SpA	0.13	-0.69	-83.82%
IT:DNR	Industrie De Nora SpA	5.41	-1.68	-23.74%
IT:LUVE	LU-VE SpA	62.00	26.26	73.47%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 27, 2026

ATON Green Storage S.p.A. AI Stock Analysis

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