ORSTED A/S (D2G.DE) Stock Fundamental Analysis
FRA:D2G - Deutsche Boerse Ag - DK0060094928 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to D2G. D2G was compared to 21 industry peers in the Independent Power and Renewable Electricity Producers industry. While D2G is still in line with the averages on profitability rating, there are concerns on its financial health. D2G has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year D2G was profitable.
In the past year D2G had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: D2G reported negative net income in multiple years.
In the past 5 years D2G always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of -0.31%, D2G is not doing good in the industry: 61.90% of the companies in the same industry are doing better.
Looking at the Return On Equity, with a value of -1.11%, D2G is doing worse than 61.90% of the companies in the same industry.
The Return On Invested Capital of D2G (4.02%) is better than 66.67% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for D2G is in line with the industry average of 6.29%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.31% | ||
| ROE | -1.11% | ||
| ROIC | 4.02% |
ROA(3y)-1.06%
ROA(5y)1.66%
ROE(3y)-4.32%
ROE(5y)3.09%
ROIC(3y)4.31%
ROIC(5y)3.92%
1.3 Margins
Looking at the Operating Margin, with a value of 19.68%, D2G is in line with its industry, outperforming 47.62% of the companies in the same industry.
In the last couple of years the Operating Margin of D2G has grown nicely.
D2G has a Gross Margin (37.13%) which is in line with its industry peers.
D2G's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.68% | ||
| PM (TTM) | N/A | ||
| GM | 37.13% |
OM growth 3Y22.62%
OM growth 5Y3.42%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y15.32%
GM growth 5Y4.01%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so D2G is destroying value.
The number of shares outstanding for D2G remains at a similar level compared to 1 year ago.
The number of shares outstanding for D2G remains at a similar level compared to 5 years ago.
Compared to 1 year ago, D2G has a worse debt to assets ratio.
2.2 Solvency
D2G has an Altman-Z score of 1.09. This is a bad value and indicates that D2G is not financially healthy and even has some risk of bankruptcy.
D2G has a better Altman-Z score (1.09) than 66.67% of its industry peers.
A Debt/Equity ratio of 1.10 is on the high side and indicates that D2G has dependencies on debt financing.
D2G has a Debt to Equity ratio of 1.10. This is comparable to the rest of the industry: D2G outperforms 42.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.1 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.09 |
ROIC/WACC0.61
WACC6.62%
2.3 Liquidity
A Current Ratio of 1.48 indicates that D2G should not have too much problems paying its short term obligations.
D2G has a Current ratio of 1.48. This is in the better half of the industry: D2G outperforms 76.19% of its industry peers.
A Quick Ratio of 1.16 indicates that D2G should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.16, D2G perfoms like the industry average, outperforming 47.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.48 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
D2G shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 173.74%, which is quite impressive.
D2G shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 19.95% yearly.
The Revenue for D2G has decreased by -10.37% in the past year. This is quite bad
The Revenue has been growing slightly by 0.18% on average over the past years.
EPS 1Y (TTM)173.74%
EPS 3Y16.57%
EPS 5Y19.95%
EPS Q2Q%915%
Revenue 1Y (TTM)-10.37%
Revenue growth 3Y-2.93%
Revenue growth 5Y0.18%
Sales Q2Q%46.51%
3.2 Future
The Earnings Per Share is expected to decrease by -6.58% on average over the next years.
The Revenue is expected to decrease by -0.53% on average over the next years.
EPS Next Y-41.68%
EPS Next 2Y-15.35%
EPS Next 3Y-14.11%
EPS Next 5Y-6.58%
Revenue Next Year-9.22%
Revenue Next 2Y-0.36%
Revenue Next 3Y0.83%
Revenue Next 5Y-0.53%
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 6.59, the valuation of D2G can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of D2G indicates a rather cheap valuation: D2G is cheaper than 90.48% of the companies listed in the same industry.
D2G is valuated cheaply when we compare the Price/Earnings ratio to 28.87, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 11.31, which indicates a very decent valuation of D2G.
90.48% of the companies in the same industry are more expensive than D2G, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.38, D2G is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.59 | ||
| Fwd PE | 11.31 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
D2G's earnings are expected to decrease with -14.11% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.33
EPS Next 2Y-15.35%
EPS Next 3Y-14.11%
5. Dividend
5.1 Amount
D2G has a Yearly Dividend Yield of 4.34%, which is a nice return.
D2G's Dividend Yield is a higher than the industry average which is at 4.07.
Compared to an average S&P500 Dividend Yield of 2.46, D2G pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.34% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
DP0%
EPS Next 2Y-15.35%
EPS Next 3Y-14.11%
FRA:D2G (4/28/2025, 7:00:00 PM)
34
-0.42 (-1.22%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners19.55%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap14.29B
Analysts65.88
Price Target47.12 (38.59%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.34% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)129.77%
Min EPS beat(2)42.27%
Max EPS beat(2)217.27%
EPS beat(4)3
Avg EPS beat(4)899.44%
Min EPS beat(4)-4.36%
Max EPS beat(4)3342.57%
EPS beat(8)3
Avg EPS beat(8)408.5%
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)0
Avg Revenue beat(2)-13.06%
Min Revenue beat(2)-22.13%
Max Revenue beat(2)-3.99%
Revenue beat(4)0
Avg Revenue beat(4)-15.91%
Min Revenue beat(4)-26.77%
Max Revenue beat(4)-3.99%
Revenue beat(8)1
Avg Revenue beat(8)-14.53%
Revenue beat(12)3
Avg Revenue beat(12)-3.21%
Revenue beat(16)6
Avg Revenue beat(16)5.84%
PT rev (1m)-3.7%
PT rev (3m)-21.94%
EPS NQ rev (1m)12.78%
EPS NQ rev (3m)15.03%
EPS NY rev (1m)0.96%
EPS NY rev (3m)-18.17%
Revenue NQ rev (1m)1.89%
Revenue NQ rev (3m)-6.96%
Revenue NY rev (1m)-4.61%
Revenue NY rev (3m)-14.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.59 | ||
| Fwd PE | 11.31 | ||
| P/S | 1.5 | ||
| P/FCF | N/A | ||
| P/OCF | 5.81 | ||
| P/B | 1.28 | ||
| P/tB | 1.33 | ||
| EV/EBITDA | N/A |
EPS(TTM)5.16
EY15.18%
EPS(NY)3.01
Fwd EY8.84%
FCF(TTM)-7.74
FCFYN/A
OCF(TTM)5.85
OCFY17.21%
SpS22.64
BVpS26.48
TBVpS25.65
PEG (NY)N/A
PEG (5Y)0.33
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.31% | ||
| ROE | -1.11% | ||
| ROCE | 5.71% | ||
| ROIC | 4.02% | ||
| ROICexc | 4.75% | ||
| ROICexgc | 4.81% | ||
| OM | 19.68% | ||
| PM (TTM) | N/A | ||
| GM | 37.13% | ||
| FCFM | N/A |
ROA(3y)-1.06%
ROA(5y)1.66%
ROE(3y)-4.32%
ROE(5y)3.09%
ROIC(3y)4.31%
ROIC(5y)3.92%
ROICexc(3y)5.12%
ROICexc(5y)4.62%
ROICexgc(3y)5.21%
ROICexgc(5y)4.68%
ROCE(3y)6.12%
ROCE(5y)5.57%
ROICexcg growth 3Y10.37%
ROICexcg growth 5Y-4.35%
ROICexc growth 3Y10.25%
ROICexc growth 5Y-4.5%
OM growth 3Y22.62%
OM growth 5Y3.42%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y15.32%
GM growth 5Y4.01%
F-Score6
Asset Turnover0.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.1 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 60.05% | ||
| Interest Coverage | 1.75 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.48 | ||
| Quick Ratio | 1.16 | ||
| Altman-Z | 1.09 |
F-Score6
WACC6.62%
ROIC/WACC0.61
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)45.7%
Cap/Sales(5y)47.07%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)173.74%
EPS 3Y16.57%
EPS 5Y19.95%
EPS Q2Q%915%
EPS Next Y-41.68%
EPS Next 2Y-15.35%
EPS Next 3Y-14.11%
EPS Next 5Y-6.58%
Revenue 1Y (TTM)-10.37%
Revenue growth 3Y-2.93%
Revenue growth 5Y0.18%
Sales Q2Q%46.51%
Revenue Next Year-9.22%
Revenue Next 2Y-0.36%
Revenue Next 3Y0.83%
Revenue Next 5Y-0.53%
EBIT growth 1Y4.61%
EBIT growth 3Y19.02%
EBIT growth 5Y3.61%
EBIT Next Year85.77%
EBIT Next 3Y30.88%
EBIT Next 5Y19.7%
FCF growth 1Y-151.25%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-35.67%
OCF growth 3Y14.75%
OCF growth 5Y6.76%