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ATON Green Storage S.p.A. (IT:ATON)
:ATON

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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Neutral 45 (OpenAI - 5.2)
Rating:45Neutral
Price Target:
€1.50
▲(10.29% Upside)
Action:UpgradedDate:01/08/26
The score is primarily held down by weak financial performance—declining revenues, losses, and persistently negative free cash flow—despite a moderate liquidity cushion. Technicals are mixed (short-term strength but longer-term downtrend), and valuation offers limited support due to the company being loss-making and lacking a dividend yield.
Positive Factors
Structural industry tailwinds
The renewable energy transition creates durable demand for grid-scale and distributed storage. ATON's focus on energy storage positions it to benefit from secular growth in electrification and renewables adoption, expanding its addressable market and long-term project pipeline over months.
Negative Factors
Sharp revenue decline
A steep fall in revenue (nearly 70% YoY on the period) erodes scale economics and undermines margin recovery. Loss of sales traction limits ability to cover fixed costs, fund product development, and maintain customer relationships, increasing execution risk unless top line stabilizes.
Read all positive and negative factors
Positive Factors
Negative Factors
Structural industry tailwinds
The renewable energy transition creates durable demand for grid-scale and distributed storage. ATON's focus on energy storage positions it to benefit from secular growth in electrification and renewables adoption, expanding its addressable market and long-term project pipeline over months.
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. manufactures and sells storage systems for photovoltaic systems and battery energy storage system. It offers RA.Store-K, a storage system for home environment; RA.Store-3 a photovoltaic accumulator with three-phase hybrid...
How the Company Makes Money
ATON generates revenue through multiple channels, primarily by selling its proprietary energy storage systems to various market segments, including utility companies, businesses, and homeowners. The company also earns income through installation s...

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

Summary
Weak fundamentals overall: income statement shows sharp revenue decline and a return to losses with negative EBIT/EBITDA margins; cash flow is particularly concerning with consistently negative free cash flow and reliance on financing; balance sheet is only moderate with relatively high leverage partly offset by a meaningful cash buffer.
Income Statement
40
Negative
Balance Sheet
55
Neutral
Cash Flow
35
Negative
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue8.44M13.64M41.86M50.68M22.78M7.89M
Gross Profit-5.81M4.72M14.17M19.38M8.20M1.55M
EBITDA-5.25M-2.59M8.09M11.40M4.68M-85.75K
Net Income-7.77M-5.97M3.74M7.16M2.48M-963.00K
Balance Sheet
Total Assets51.31M61.75M66.32M47.66M24.25M10.31M
Cash, Cash Equivalents and Short-Term Investments10.76M16.06M15.31M6.86M863.99K6.67K
Total Debt31.12M36.84M31.46M19.19M4.14M5.88M
Total Liabilities35.89M42.55M41.13M26.05M9.94M8.49M
Stockholders Equity15.43M19.21M25.19M21.61M14.31M1.82M
Cash Flow
Free Cash Flow2.79M-4.38M-3.89M-9.08M-6.31M1.38M
Operating Cash Flow3.16M-2.89M-1.35M-7.95M-3.92M2.24M
Investing Cash Flow-5.87M-5.02M-9.97M-1.10M-2.36M-839.00K
Financing Cash Flow-585.38K5.38M12.27M15.05M7.70M-1.40M

ATON Green Storage S.p.A. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1.36
Price Trends
50DMA
1.36
Negative
100DMA
1.50
Negative
200DMA
1.77
Negative
Market Momentum
MACD
-0.11
Negative
RSI
33.71
Neutral
STOCH
68.85
Neutral
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 1.07, above the 50-day MA of 1.36, and below the 200-day MA of 1.77, indicating a bearish trend. The MACD of -0.11 indicates Negative momentum. The RSI at 33.71 is Neutral, neither overbought nor oversold. The STOCH value of 68.85 is Neutral, 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
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
52
Neutral
€69.42M5.37
45
Neutral
€7.17M-1.07-40.09%-69.77%-2401.69%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IT:ATON
ATON Green Storage S.p.A.
0.96
-0.58
-37.92%
IT:ENY
Energy SpA
0.60
-0.09
-13.22%
IT:MARP
Marzocchi Pompe S.p.A.
2.14
-0.40
-15.75%
IT:NUS
Nusco SpA
0.48
-0.29
-38.18%
IT:PMT
Promotica S.P.A.
2.46
0.58
30.85%
IT:SIT
SIT S.p.A.
2.80
1.74
164.15%
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: Jan 08, 2026