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

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IT:ATON

ATON Green Storage S.p.A.

(ATON)

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Underperform 39 (OpenAI - 5.2)
Rating:39Underperform
Price Target:
€0.37
▼(-73.01% Downside)
Action:Downgraded
Date:06/11/26
The score is primarily weighed down by weak financial performance (sharp swing to losses, negative gross profit in 2025, high leverage with a weakened equity base, and consistently negative operating cash flow). Technical indicators reinforce the downside trend (price below key moving averages and negative MACD). Valuation provides limited offset because the negative P/E reflects unprofitable operations and no dividend yield data is available.
Positive Factors
Historic profitability track record
ATON previously delivered solid profits during 2021–2023, demonstrating the underlying business model can support healthy margins and profitable operations. That track record suggests the company has operational levers and market positioning that could enable recovery if demand or execution improves.
Negative Factors
Sharp profitability deterioration
Gross profit turned negative in 2025 and losses widened in 2024–2025, signaling core product margins no longer cover direct costs. This is a structural threat to viability: persistent negative gross profit undermines any recovery in operating profit without material changes to pricing, costs, or product mix.
Read all positive and negative factors
Positive Factors
Negative Factors
Historic profitability track record
ATON previously delivered solid profits during 2021–2023, demonstrating the underlying business model can support healthy margins and profitable operations. That track record suggests the company has operational levers and market positioning that could enable recovery if demand or execution improves.
Read all positive factors

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

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...
How the Company Makes Money
null...

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

Summary
Financials indicate elevated risk: profitability deteriorated from solid profits (2021–2023) to large losses (2024–2025), with 2025 showing negative gross profit. Leverage has risen as equity weakened, and operating cash flow has been persistently negative across most years (2021–2025), limiting financial flexibility.
Income Statement
18
Very Negative
Balance Sheet
32
Negative
Cash Flow
14
Very Negative
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue5.01M13.64M41.86M50.68M22.78M
Gross Profit-10.37M4.72M14.17M19.38M8.20M
EBITDA-9.18M-2.59M8.09M11.40M4.68M
Net Income-12.31M-5.97M3.74M7.16M2.48M
Balance Sheet
Total Assets36.58M61.75M66.32M47.66M24.25M
Cash, Cash Equivalents and Short-Term Investments695.00K16.06M15.31M6.86M863.99K
Total Debt26.52M36.84M31.46M19.19M4.14M
Total Liabilities29.60M42.55M41.13M26.05M9.94M
Stockholders Equity6.98M19.21M25.19M21.61M14.31M
Cash Flow
Free Cash Flow0.00-4.38M-3.89M-9.08M-6.31M
Operating Cash Flow-1.29M-2.89M-1.35M-7.95M-3.92M
Investing Cash Flow7.16M-5.02M-9.97M-1.10M-2.36M
Financing Cash Flow-10.45M5.38M12.27M15.05M7.70M

ATON Green Storage S.p.A. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1.36
Price Trends
50DMA
0.47
Negative
100DMA
0.81
Negative
200DMA
1.27
Negative
Market Momentum
MACD
-0.03
Negative
RSI
37.93
Neutral
STOCH
83.07
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:ATON, the sentiment is Negative. The current price of 1.36 is above the 20-day moving average (MA) of 0.40, above the 50-day MA of 0.47, and above the 200-day MA of 1.27, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 37.93 is Neutral, neither overbought nor oversold. The STOCH value of 83.07 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IT:ATON.

ATON Green Storage S.p.A. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
€1.37B8.991.43%-2.38%4.18%
72
Outperform
€1.35B21.681.80%-5.17%-8.76%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
59
Neutral
€1.52B36.241.08%7.15%33.25%
57
Neutral
€1.27B9.621.77%2.51%5189.71%
39
Underperform
€2.91M-0.24-40.09%-63.24%-106.16%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IT:ATON
ATON Green Storage S.p.A.
0.39
-1.80
-82.28%
IT:ARIS
Ariston Holding NV
3.64
-0.61
-14.31%
IT:COM
Comer Industries SpA
47.00
15.21
47.86%
IT:ENY
Energy SpA
0.72
-0.01
-1.90%
IT:DNR
Industrie De Nora SpA
6.80
0.15
2.27%
IT:LUVE
LU-VE SpA
68.50
37.82
123.24%
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: Jun 11, 2026