Dashboard
1
Poor long term growth as Net Sales has grown by an annual rate of 4.65% over the last 5 years
2
The company has declared negative results in Dec'2023 after 3 consecutive positive quarters
3
With ROE of 59.93%, it has a Very Expensive valuation with a 10.74 Price to Book Value
4
Underperformed the market in the last 1 year
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-12.2%
0%
-12.2%
6 Months
-7.91%
0%
-7.91%
1 Year
3.21%
0%
3.21%
2 Years
10.73%
0%
10.73%
3 Years
4.29%
0%
4.29%
4 Years
6.21%
0%
6.21%
5 Years
-1.44%
0%
-1.44%
Rai Way SpA for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
4.65%
EBIT Growth (5y)
7.71%
EBIT to Interest (avg)
39.26
Debt to EBITDA (avg)
0.46
Net Debt to Equity (avg)
0.44
Sales to Capital Employed (avg)
0.92
Tax Ratio
28.29%
Dividend Payout Ratio
99.73%
Pledged Shares
0
Institutional Holding
1.15%
ROCE (avg)
43.17%
ROE (avg)
42.56%
Valuation key factors
Factor
Value
P/E Ratio
18
Industry P/E
Price to Book Value
10.74
EV to EBIT
13.40
EV to EBITDA
9.58
EV to Capital Employed
5.77
EV to Sales
6.35
PEG Ratio
16.11
Dividend Yield
1.69%
ROCE (Latest)
43.05%
ROE (Latest)
59.93%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
Mildly Bearish
Shareholding Snapshot : Dec 2023
Shareholding Compare (%holding) 
Majority shareholders
Foreign Institutions
Domestic Funds
Held in 0 Schemes (0%)
Foreign Institutions
Held by 1 Foreign Institutions (1.15%)
Strategic Entities with highest holding
Highest Public shareholder
Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY
Jun'25
Jun'24
Change(%)
Net Sales
70.30
68.70
2.33%
Operating Profit (PBDIT) excl Other Income
48.50
46.40
4.53%
Interest
1.50
1.80
-16.67%
Exceptional Items
0.00
0.00
Consolidate Net Profit
24.70
23.40
5.56%
Operating Profit Margin (Excl OI)
510.20%
494.10%
1.61%
USD in Million.
Net Sales
YoY Growth in quarter ended Jun 2025 is 2.33% vs 0.88% in Jun 2024
Consolidated Net Profit
YoY Growth in quarter ended Jun 2025 is 5.56% vs 9.35% in Jun 2024
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
274.20
270.20
1.48%
Operating Profit (PBDIT) excl Other Income
180.40
170.60
5.74%
Interest
6.80
5.30
28.30%
Exceptional Items
1.70
1.20
41.67%
Consolidate Net Profit
89.90
86.70
3.69%
Operating Profit Margin (Excl OI)
473.50%
457.70%
1.58%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is 1.48% vs 10.92% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is 3.69% vs 17.64% in Dec 2023
About Rai Way SpA 
Rai Way SpA
Media & Entertainment
Rai Way SpA is an Italy-based company engaged in the telecommunication industry. The Company is a network operator of the RAI Group. It is active in the planning, installing, operating, managing and maintaining its transmission and broadcasting network of data, voice and video. Rai Way SpA business activities are divided into two areas: the management of the television and radio transmission and broadcasting networks of RAI television, and the supply of services for business clients, such as tower rental, terrestrial and satellite broadcasting of signals, management of transmission services and network services. In addition, the Company, through its transmission network Waynet, offers services for video and audio contributions.
Company Coordinates 
Company Details
Via Teulada 66 , ROMA None : 00195
Registrar Details






