IBERDROLA SA (1IBE.MI) Stock Fundamental Analysis
BIT:1IBE - Euronext Milan - ES0144580Y14 - Common Stock - Currency: EUR
1IBE gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 16 industry peers in the Electric Utilities industry. There are concerns on the financial health of 1IBE while its profitability can be described as average. 1IBE has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year 1IBE was profitable.
1IBE had a positive operating cash flow in the past year.
In the past 5 years 1IBE has always been profitable.
1IBE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
1IBE has a Return On Assets (4.17%) which is comparable to the rest of the industry.
1IBE has a Return On Equity (13.75%) which is in line with its industry peers.
With a Return On Invested Capital value of 6.94%, 1IBE perfoms like the industry average, outperforming 46.67% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for 1IBE is below the industry average of 8.57%.
The last Return On Invested Capital (6.94%) for 1IBE is above the 3 year average (5.14%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.17% | ||
| ROE | 13.75% | ||
| ROIC | 6.94% |
ROA(3y)2.92%
ROA(5y)2.9%
ROE(3y)10.43%
ROE(5y)10.11%
ROIC(3y)5.14%
ROIC(5y)4.79%
1.3 Margins
With a decent Profit Margin value of 14.04%, 1IBE is doing good in the industry, outperforming 80.00% of the companies in the same industry.
1IBE's Profit Margin has improved in the last couple of years.
1IBE has a Operating Margin of 23.89%. This is in the better half of the industry: 1IBE outperforms 80.00% of its industry peers.
In the last couple of years the Operating Margin of 1IBE has grown nicely.
1IBE has a Gross Margin of 44.52%. This is comparable to the rest of the industry: 1IBE outperforms 53.33% of its industry peers.
1IBE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.89% | ||
| PM (TTM) | 14.04% | ||
| GM | 44.52% |
OM growth 3Y2.74%
OM growth 5Y3.19%
PM growth 3Y-3.68%
PM growth 5Y2.53%
GM growth 3Y-1%
GM growth 5Y1.52%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so 1IBE is still creating some value.
1IBE has more shares outstanding than it did 1 year ago.
1IBE has less shares outstanding than it did 5 years ago.
1IBE has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.38, we must say that 1IBE is in the distress zone and has some risk of bankruptcy.
1IBE has a Altman-Z score (1.38) which is in line with its industry peers.
The Debt to FCF ratio of 1IBE is 18.49, which is on the high side as it means it would take 1IBE, 18.49 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 18.49, 1IBE perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
1IBE has a Debt/Equity ratio of 0.81. This is a neutral value indicating 1IBE is somewhat dependend on debt financing.
The Debt to Equity ratio of 1IBE (0.81) is better than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 18.49 | ||
| Altman-Z | 1.38 |
ROIC/WACC1.07
WACC6.48%
2.3 Liquidity
1IBE has a Current Ratio of 0.76. This is a bad value and indicates that 1IBE is not financially healthy enough and could expect problems in meeting its short term obligations.
1IBE has a Current ratio of 0.76. This is amonst the worse of the industry: 1IBE underperforms 80.00% of its industry peers.
A Quick Ratio of 0.65 indicates that 1IBE may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.65, 1IBE is doing worse than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 38.22% over the past year.
1IBE shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.64% yearly.
The Revenue for 1IBE has decreased by -14.99% in the past year. This is quite bad
Measured over the past years, 1IBE shows a small growth in Revenue. The Revenue has been growing by 7.06% on average per year.
EPS 1Y (TTM)38.22%
EPS 3Y13.85%
EPS 5Y11.64%
EPS Q2Q%31.25%
Revenue 1Y (TTM)-14.99%
Revenue growth 3Y14.18%
Revenue growth 5Y7.06%
Sales Q2Q%-4.12%
3.2 Future
Based on estimates for the next years, 1IBE will show a small growth in Earnings Per Share. The EPS will grow by 6.91% on average per year.
Based on estimates for the next years, 1IBE will show a small growth in Revenue. The Revenue will grow by 0.96% on average per year.
EPS Next Y21.21%
EPS Next 2Y12.73%
EPS Next 3Y10.24%
EPS Next 5Y6.91%
Revenue Next Year-10.56%
Revenue Next 2Y-3.95%
Revenue Next 3Y-1.47%
Revenue Next 5Y0.96%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 13.54, 1IBE is valued correctly.
66.67% of the companies in the same industry are more expensive than 1IBE, based on the Price/Earnings ratio.
1IBE's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 29.53.
Based on the Price/Forward Earnings ratio of 14.91, the valuation of 1IBE can be described as correct.
1IBE's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.65. 1IBE is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.54 | ||
| Fwd PE | 14.91 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as 1IBE.
The rest of the industry has a similar Price/Free Cash Flow ratio as 1IBE.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.99 | ||
| EV/EBITDA | 7.7 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of 1IBE may justify a higher PE ratio.
PEG (NY)0.64
PEG (5Y)1.16
EPS Next 2Y12.73%
EPS Next 3Y10.24%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.51%, 1IBE has a reasonable but not impressive dividend return.
1IBE's Dividend Yield is slightly below the industry average, which is at 4.54.
1IBE's Dividend Yield is rather good when compared to the S&P500 average which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.51% |
5.2 History
On average, the dividend of 1IBE grows each year by 50.09%, which is quite nice.
Dividend Growth(5Y)50.09%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
1IBE pays out 17.78% of its income as dividend. This is a sustainable payout ratio.
1IBE's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP17.78%
EPS Next 2Y12.73%
EPS Next 3Y10.24%
BIT:1IBE (2/17/2025, 7:00:00 PM)
13.405
-0.14 (-1.03%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners44.16%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap86.34B
Analysts70.63
Price Target14.32 (6.83%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.51% |
Yearly Dividend0.15
Dividend Growth(5Y)50.09%
DP17.78%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)47.66%
Min EPS beat(2)19.45%
Max EPS beat(2)75.88%
EPS beat(4)4
Avg EPS beat(4)28.09%
Min EPS beat(4)8.24%
Max EPS beat(4)75.88%
EPS beat(8)7
Avg EPS beat(8)21.29%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-3.39%
Min Revenue beat(2)-8.58%
Max Revenue beat(2)1.8%
Revenue beat(4)1
Avg Revenue beat(4)-13.61%
Min Revenue beat(4)-37.59%
Max Revenue beat(4)1.8%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.42%
PT rev (3m)3.05%
EPS NQ rev (1m)-1.7%
EPS NQ rev (3m)-1.7%
EPS NY rev (1m)-4.43%
EPS NY rev (3m)-4.43%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.55%
Revenue NY rev (3m)-1.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.54 | ||
| Fwd PE | 14.91 | ||
| P/S | 1.89 | ||
| P/FCF | 30.99 | ||
| P/OCF | 7.14 | ||
| P/B | 1.85 | ||
| P/tB | 3.27 | ||
| EV/EBITDA | 7.7 |
EPS(TTM)0.99
EY7.39%
EPS(NY)0.9
Fwd EY6.71%
FCF(TTM)0.43
FCFY3.23%
OCF(TTM)1.88
OCFY14%
SpS7.1
BVpS7.24
TBVpS4.1
PEG (NY)0.64
PEG (5Y)1.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.17% | ||
| ROE | 13.75% | ||
| ROCE | 8.75% | ||
| ROIC | 6.94% | ||
| ROICexc | 7.36% | ||
| ROICexgc | 8.88% | ||
| OM | 23.89% | ||
| PM (TTM) | 14.04% | ||
| GM | 44.52% | ||
| FCFM | 6.1% |
ROA(3y)2.92%
ROA(5y)2.9%
ROE(3y)10.43%
ROE(5y)10.11%
ROIC(3y)5.14%
ROIC(5y)4.79%
ROICexc(3y)5.39%
ROICexc(5y)5%
ROICexgc(3y)6.48%
ROICexgc(5y)6.06%
ROCE(3y)6.68%
ROCE(5y)6.22%
ROICexcg growth 3Y10.97%
ROICexcg growth 5Y3.49%
ROICexc growth 3Y11.36%
ROICexc growth 5Y4.97%
OM growth 3Y2.74%
OM growth 5Y3.19%
PM growth 3Y-3.68%
PM growth 5Y2.53%
GM growth 3Y-1%
GM growth 5Y1.52%
F-Score7
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 18.49 | ||
| Debt/EBITDA | 2.25 | ||
| Cap/Depr | 158.57% | ||
| Cap/Sales | 20.35% | ||
| Interest Coverage | 3.95 | ||
| Cash Conversion | 72.01% | ||
| Profit Quality | 43.42% | ||
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.65 | ||
| Altman-Z | 1.38 |
F-Score7
WACC6.48%
ROIC/WACC1.07
Cap/Depr(3y)131.72%
Cap/Depr(5y)128.84%
Cap/Sales(3y)15.41%
Cap/Sales(5y)15.84%
Profit Quality(3y)67.8%
Profit Quality(5y)62.34%
High Growth Momentum
Growth
EPS 1Y (TTM)38.22%
EPS 3Y13.85%
EPS 5Y11.64%
EPS Q2Q%31.25%
EPS Next Y21.21%
EPS Next 2Y12.73%
EPS Next 3Y10.24%
EPS Next 5Y6.91%
Revenue 1Y (TTM)-14.99%
Revenue growth 3Y14.18%
Revenue growth 5Y7.06%
Sales Q2Q%-4.12%
Revenue Next Year-10.56%
Revenue Next 2Y-3.95%
Revenue Next 3Y-1.47%
Revenue Next 5Y0.96%
EBIT growth 1Y21.71%
EBIT growth 3Y17.31%
EBIT growth 5Y10.48%
EBIT Next Year74.23%
EBIT Next 3Y23.32%
EBIT Next 5Y14.98%
FCF growth 1Y30.37%
FCF growth 3Y19.44%
FCF growth 5Y28.06%
OCF growth 1Y33.59%
OCF growth 3Y13.27%
OCF growth 5Y9.84%