EDP RENOVAVEIS SA (EDPR.LS)
ES0127797019 - Common Stock
EDPR gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 25 industry peers in the Independent Power and Renewable Electricity Producers industry. EDPR scores excellent on profitability, but there are concerns on its financial health. EDPR is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year EDPR was profitable.
EDPR had a positive operating cash flow in the past year.
EDPR had positive earnings in each of the past 5 years.
Each year in the past 5 years EDPR had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.86%, EDPR belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
The Return On Equity of EDPR (7.68%) is better than 75.00% of its industry peers.
With a decent Return On Invested Capital value of 4.27%, EDPR is doing good in the industry, outperforming 75.00% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for EDPR is in line with the industry average of 4.68%.
The 3 year average ROIC (2.69%) for EDPR is below the current ROIC(4.27%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.86% | ||
| ROE | 7.68% | ||
| ROIC | 4.27% |
ROA(3y)2.08%
ROA(5y)2.4%
ROE(3y)5.7%
ROE(5y)6.29%
ROIC(3y)2.69%
ROIC(5y)3.11%
1.3 Margins
With an excellent Profit Margin value of 26.58%, EDPR belongs to the best of the industry, outperforming 87.50% of the companies in the same industry.
In the last couple of years the Profit Margin of EDPR has declined.
The Operating Margin of EDPR (39.56%) is better than 79.17% of its industry peers.
In the last couple of years the Operating Margin of EDPR has declined.
EDPR's Gross Margin of 78.79% is in line compared to the rest of the industry. EDPR outperforms 58.33% of its industry peers.
EDPR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 39.56% | ||
| PM (TTM) | 26.58% | ||
| GM | 78.79% |
OM growth 3Y-11.51%
OM growth 5Y-8.74%
PM growth 3Y-24.53%
PM growth 5Y-5.66%
GM growth 3Y-1.38%
GM growth 5Y-0.7%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so EDPR is destroying value.
Compared to 1 year ago, EDPR has more shares outstanding
Compared to 5 years ago, EDPR has more shares outstanding
EDPR has a worse debt/assets ratio than last year.
2.2 Solvency
EDPR has an Altman-Z score of 0.68. This is a bad value and indicates that EDPR is not financially healthy and even has some risk of bankruptcy.
EDPR's Altman-Z score of 0.68 is in line compared to the rest of the industry. EDPR outperforms 45.83% of its industry peers.
A Debt/Equity ratio of 0.65 indicates that EDPR is somewhat dependend on debt financing.
EDPR's Debt to Equity ratio of 0.65 is fine compared to the rest of the industry. EDPR outperforms 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.68 |
ROIC/WACC0.7
WACC6.11%
2.3 Liquidity
A Current Ratio of 0.62 indicates that EDPR may have some problems paying its short term obligations.
EDPR has a worse Current ratio (0.62) than 91.67% of its industry peers.
A Quick Ratio of 0.55 indicates that EDPR may have some problems paying its short term obligations.
EDPR has a worse Quick ratio (0.55) than 95.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.62 | ||
| Quick Ratio | 0.55 |
3. Growth
3.1 Past
The earnings per share for EDPR have decreased strongly by -73.67% in the last year.
Measured over the past years, EDPR shows a decrease in Earnings Per Share. The EPS has been decreasing by -3.18% on average per year.
Looking at the last year, EDPR shows a decrease in Revenue. The Revenue has decreased by -3.37% in the last year.
The Revenue has been growing slightly by 5.70% on average over the past years.
EPS 1Y (TTM)-73.67%
EPS 3Y-21.37%
EPS 5Y-3.18%
EPS Q2Q%-67.92%
Revenue 1Y (TTM)-3.37%
Revenue growth 3Y8.96%
Revenue growth 5Y5.7%
Sales Q2Q%21.78%
3.2 Future
The Earnings Per Share is expected to grow by 16.92% on average over the next years. This is quite good.
Based on estimates for the next years, EDPR will show a small growth in Revenue. The Revenue will grow by 7.11% on average per year.
EPS Next Y25.87%
EPS Next 2Y37.29%
EPS Next 3Y28.75%
EPS Next 5Y16.92%
Revenue Next Year2.93%
Revenue Next 2Y8.11%
Revenue Next 3Y7.59%
Revenue Next 5Y7.11%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 55.88, which means the current valuation is very expensive for EDPR.
EDPR's Price/Earnings ratio is a bit more expensive when compared to the industry. EDPR is more expensive than 62.50% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.73, EDPR is valued quite expensively.
Based on the Price/Forward Earnings ratio of 16.46, the valuation of EDPR can be described as correct.
Based on the Price/Forward Earnings ratio, EDPR is valued a bit cheaper than 62.50% of the companies in the same industry.
EDPR's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 55.88 | ||
| Fwd PE | 16.46 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates EDPR does not grow enough to justify the current Price/Earnings ratio.
EDPR has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as EDPR's earnings are expected to grow with 28.75% in the coming years.
PEG (NY)2.16
PEG (5Y)N/A
EPS Next 2Y37.29%
EPS Next 3Y28.75%
5. Dividend
5.1 Amount
EDPR has a Yearly Dividend Yield of 2.08%. Purely for dividend investing, there may be better candidates out there.
In the last 3 months the price of EDPR has falen by -37.34%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
EDPR's Dividend Yield is comparable with the industry average which is at 3.78.
Compared to an average S&P500 Dividend Yield of 2.34, EDPR has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.08% |
5.2 History
The dividend of EDPR decreases each year by -12.37%.
Dividend Growth(5Y)-12.37%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
6.51% of the earnings are spent on dividend by EDPR. This is a low number and sustainable payout ratio.
DP6.51%
EPS Next 2Y37.29%
EPS Next 3Y28.75%
EDP RENOVAVEIS SA
ELI:EDPR (12/20/2024, 7:00:00 PM)
9.5
-0.14 (-1.5%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners23.2%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap9.88B
Analysts77.33
Price Target15.73 (65.58%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.08% |
Dividend Growth(5Y)-12.37%
DP6.51%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)121.64%
Min EPS beat(2)-5.9%
Max EPS beat(2)249.18%
EPS beat(4)2
Avg EPS beat(4)198.55%
Min EPS beat(4)-117.85%
Max EPS beat(4)668.74%
EPS beat(8)6
Avg EPS beat(8)165.22%
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)-0.47%
Min Revenue beat(2)-2.19%
Max Revenue beat(2)1.25%
Revenue beat(4)1
Avg Revenue beat(4)-5.4%
Min Revenue beat(4)-19.72%
Max Revenue beat(4)1.25%
Revenue beat(8)5
Avg Revenue beat(8)61.35%
Revenue beat(12)8
Avg Revenue beat(12)59.84%
Revenue beat(16)10
Avg Revenue beat(16)54.44%
PT rev (1m)-7.64%
PT rev (3m)-7.86%
EPS NQ rev (1m)-8.31%
EPS NQ rev (3m)-8.31%
EPS NY rev (1m)0%
EPS NY rev (3m)-12.02%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)16.39%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 55.88 | ||
| Fwd PE | 16.46 | ||
| P/S | 3.01 | ||
| P/FCF | N/A | ||
| P/OCF | 12.53 | ||
| P/B | 0.87 | ||
| P/tB | 1.13 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.17
EY1.79%
EPS(NY)0.58
Fwd EY6.08%
FCF(TTM)-3.49
FCFYN/A
OCF(TTM)0.76
OCFY7.98%
SpS3.16
BVpS10.93
TBVpS8.4
PEG (NY)2.16
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.86% | ||
| ROE | 7.68% | ||
| ROCE | 5.1% | ||
| ROIC | 4.27% | ||
| ROICexc | 4.39% | ||
| ROICexgc | 4.91% | ||
| OM | 39.56% | ||
| PM (TTM) | 26.58% | ||
| GM | 78.79% | ||
| FCFM | N/A |
ROA(3y)2.08%
ROA(5y)2.4%
ROE(3y)5.7%
ROE(5y)6.29%
ROIC(3y)2.69%
ROIC(5y)3.11%
ROICexc(3y)2.89%
ROICexc(5y)3.3%
ROICexgc(3y)3.26%
ROICexgc(5y)3.69%
ROCE(3y)3.21%
ROCE(5y)3.71%
ROICexcg growth 3Y-15.85%
ROICexcg growth 5Y-11.55%
ROICexc growth 3Y-16.22%
ROICexc growth 5Y-11.69%
OM growth 3Y-11.51%
OM growth 5Y-8.74%
PM growth 3Y-24.53%
PM growth 5Y-5.66%
GM growth 3Y-1.38%
GM growth 5Y-0.7%
F-Score4
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 134.46% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.62 | ||
| Quick Ratio | 0.55 | ||
| Altman-Z | 0.68 |
F-Score4
WACC6.11%
ROIC/WACC0.7
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)139.26%
Cap/Sales(5y)114.7%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-73.67%
EPS 3Y-21.37%
EPS 5Y-3.18%
EPS Q2Q%-67.92%
EPS Next Y25.87%
EPS Next 2Y37.29%
EPS Next 3Y28.75%
EPS Next 5Y16.92%
Revenue 1Y (TTM)-3.37%
Revenue growth 3Y8.96%
Revenue growth 5Y5.7%
Sales Q2Q%21.78%
Revenue Next Year2.93%
Revenue Next 2Y8.11%
Revenue Next 3Y7.59%
Revenue Next 5Y7.11%
EBIT growth 1Y0.51%
EBIT growth 3Y-3.58%
EBIT growth 5Y-3.53%
EBIT Next Year48.36%
EBIT Next 3Y24.34%
EBIT Next 5Y15.59%
FCF growth 1Y-455.78%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y64.52%
OCF growth 3Y-2.37%
OCF growth 5Y-3.03%