Logo image of EBK.DE

ENBW ENERGIE BADEN-WUERTTEMB (EBK.DE) Stock Fundamental Analysis

FRA:EBK - Deutsche Boerse Ag - DE0005220008 - Common Stock - Currency: EUR

63.2  -1 (-1.56%)

Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to EBK. EBK was compared to 16 industry peers in the Electric Utilities industry. While EBK is still in line with the averages on profitability rating, there are concerns on its financial health. EBK has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

Quickly go to:

4

1. Profitability

1.1 Basic Checks

EBK had positive earnings in the past year.
EBK had a positive operating cash flow in the past year.
Each year in the past 5 years EBK has been profitable.
EBK had a positive operating cash flow in each of the past 5 years.
EBK.DE Yearly Net Income VS EBIT VS OCF VS FCFEBK.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 2B -2B 4B 6B

1.2 Ratios

The Return On Assets of EBK (0.95%) is worse than 86.67% of its industry peers.
With a Return On Equity value of 5.78%, EBK is not doing good in the industry: 86.67% of the companies in the same industry are doing better.
EBK's Return On Invested Capital of 3.43% is on the low side compared to the rest of the industry. EBK is outperformed by 80.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for EBK is significantly below the industry average of 9.28%.
The last Return On Invested Capital (3.43%) for EBK is above the 3 year average (3.24%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 0.95%
ROE 5.78%
ROIC 3.43%
ROA(3y)1.8%
ROA(5y)1.68%
ROE(3y)14.57%
ROE(5y)15.52%
ROIC(3y)3.24%
ROIC(5y)2.72%
EBK.DE Yearly ROA, ROE, ROICEBK.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 50 -50 -100

1.3 Margins

EBK has a Profit Margin of 1.64%. This is amonst the worse of the industry: EBK underperforms 86.67% of its industry peers.
In the last couple of years the Profit Margin of EBK has grown nicely.
The Operating Margin of EBK (6.40%) is worse than 73.33% of its industry peers.
In the last couple of years the Operating Margin of EBK has grown nicely.
EBK has a Gross Margin of 23.19%. This is in the lower half of the industry: EBK underperforms 73.33% of its industry peers.
In the last couple of years the Gross Margin of EBK has remained more or less at the same level.
Industry RankSector Rank
OM 6.4%
PM (TTM) 1.64%
GM 23.19%
OM growth 3Y0.55%
OM growth 5Y13.98%
PM growth 3Y4.57%
PM growth 5Y16.6%
GM growth 3Y-9.97%
GM growth 5Y1.05%
EBK.DE Yearly Profit, Operating, Gross MarginsEBK.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 10 20

More info and screens

3

2. Health

2.1 Basic Checks

EBK has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for EBK remains at a similar level compared to 1 year ago.
The number of shares outstanding for EBK remains at a similar level compared to 5 years ago.
The debt/assets ratio for EBK is higher compared to a year ago.
EBK.DE Yearly Shares OutstandingEBK.DE Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 50M 100M 150M 200M 250M
EBK.DE Yearly Total Debt VS Total AssetsEBK.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 20B 40B 60B

2.2 Solvency

Based on the Altman-Z score of 1.25, we must say that EBK is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of EBK (1.25) is worse than 66.67% of its industry peers.
A Debt/Equity ratio of 1.49 is on the high side and indicates that EBK has dependencies on debt financing.
EBK has a Debt to Equity ratio of 1.49. This is comparable to the rest of the industry: EBK outperforms 46.67% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.49
Debt/FCF N/A
Altman-Z 1.25
ROIC/WACC0.76
WACC4.52%
EBK.DE Yearly LT Debt VS Equity VS FCFEBK.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 5B 10B 15B

2.3 Liquidity

EBK has a Current Ratio of 1.41. This is a normal value and indicates that EBK is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of EBK (1.41) is better than 93.33% of its industry peers.
EBK has a Quick Ratio of 1.22. This is a normal value and indicates that EBK is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of EBK (1.22) is better than 93.33% of its industry peers.
Industry RankSector Rank
Current Ratio 1.41
Quick Ratio 1.22
EBK.DE Yearly Current Assets VS Current LiabilitesEBK.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 10B 20B 30B

More info and screens

3

3. Growth

3.1 Past

The earnings per share for EBK have decreased strongly by -85.35% in the last year.
Measured over the past years, EBK shows a very strong growth in Earnings Per Share. The EPS has been growing by 35.70% on average per year.
Looking at the last year, EBK shows a very negative growth in Revenue. The Revenue has decreased by -28.62% in the last year.
EBK shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 16.37% yearly.
EPS 1Y (TTM)-85.35%
EPS 3Y37.14%
EPS 5Y35.7%
EPS Q2Q%2763.62%
Revenue 1Y (TTM)-28.62%
Revenue growth 3Y31.15%
Revenue growth 5Y16.37%
Sales Q2Q%-2.89%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EBK.DE Yearly Revenue VS EstimatesEBK.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 10B 20B 30B 40B 50B
EBK.DE Yearly EPS VS EstimatesEBK.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 1 2 3

More info and screens

1

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 28.60, the valuation of EBK can be described as expensive.
80.00% of the companies in the same industry are cheaper than EBK, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of EBK to the average of the S&P500 Index (28.47), we can say EBK is valued inline with the index average.
Industry RankSector Rank
PE 28.6
Fwd PE N/A
EBK.DE Price Earnings VS Forward Price EarningsEBK.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

The rest of the industry has a similar Enterprise Value to EBITDA ratio as EBK.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 5.6
EBK.DE Per share dataEBK.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 50 100

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)0.8
EPS Next 2YN/A
EPS Next 3YN/A

More info and screens

3

5. Dividend

5.1 Amount

EBK has a Yearly Dividend Yield of 2.37%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.37, EBK is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.28, EBK has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 2.37%

5.2 History

The dividend of EBK has a limited annual growth rate of 5.92%.
Dividend Growth(5Y)5.92%
Div Incr Years1
Div Non Decr Years5
EBK.DE Yearly Dividends per shareEBK.DE Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 0.5 1

5.3 Sustainability

106.44% of the earnings are spent on dividend by EBK. This is not a sustainable payout ratio.
EBK's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP106.44%
EPS Next 2YN/A
EPS Next 3YN/A
EBK.DE Yearly Income VS Free CF VS DividendEBK.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 2B -2B 4B
EBK.DE Dividend Payout.EBK.DE Dividend Payout, showing the Payout Ratio.EBK.DE Dividend Payout.PayoutRetained Earnings

More info and screens

ENBW ENERGIE BADEN-WUERTTEMB

FRA:EBK (2/5/2025, 4:36:36 PM)

63.2

-1 (-1.56%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)11-12 2024-11-12
Earnings (Next)N/A N/A
Inst Owners0%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap17.48B
Analysts42.86
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.37%
Yearly Dividend1.54
Dividend Growth(5Y)5.92%
DP106.44%
Div Incr Years1
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
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)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 28.6
Fwd PE N/A
P/S 0.48
P/FCF N/A
P/OCF 7.1
P/B 1.69
P/tB 2.46
EV/EBITDA 5.6
EPS(TTM)2.21
EY3.5%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)-9.99
FCFYN/A
OCF(TTM)8.9
OCFY14.08%
SpS132.13
BVpS37.49
TBVpS25.67
PEG (NY)N/A
PEG (5Y)0.8
Profitability
Industry RankSector Rank
ROA 0.95%
ROE 5.78%
ROCE 4.85%
ROIC 3.43%
ROICexc 4.11%
ROICexgc 4.47%
OM 6.4%
PM (TTM) 1.64%
GM 23.19%
FCFM N/A
ROA(3y)1.8%
ROA(5y)1.68%
ROE(3y)14.57%
ROE(5y)15.52%
ROIC(3y)3.24%
ROIC(5y)2.72%
ROICexc(3y)3.95%
ROICexc(5y)3.19%
ROICexgc(3y)4.36%
ROICexgc(5y)3.54%
ROCE(3y)4.61%
ROCE(5y)3.86%
ROICexcg growth 3Y24.02%
ROICexcg growth 5Y23.13%
ROICexc growth 3Y25.15%
ROICexc growth 5Y22.72%
OM growth 3Y0.55%
OM growth 5Y13.98%
PM growth 3Y4.57%
PM growth 5Y16.6%
GM growth 3Y-9.97%
GM growth 5Y1.05%
F-Score5
Asset Turnover0.58
Health
Industry RankSector Rank
Debt/Equity 1.49
Debt/FCF N/A
Debt/EBITDA 3.55
Cap/Depr 258.75%
Cap/Sales 14.29%
Interest Coverage 4.83
Cash Conversion 56.49%
Profit Quality N/A
Current Ratio 1.41
Quick Ratio 1.22
Altman-Z 1.25
F-Score5
WACC4.52%
ROIC/WACC0.76
Cap/Depr(3y)130.61%
Cap/Depr(5y)N/A
Cap/Sales(3y)7.4%
Cap/Sales(5y)8.51%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-85.35%
EPS 3Y37.14%
EPS 5Y35.7%
EPS Q2Q%2763.62%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-28.62%
Revenue growth 3Y31.15%
Revenue growth 5Y16.37%
Sales Q2Q%-2.89%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-61.49%
EBIT growth 3Y31.87%
EBIT growth 5Y32.64%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-945.7%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-15.81%
OCF growth 3Y-8.86%
OCF growth 5Y1.66%