IDACORP INC (IDA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:IDA - US4511071064 - Common Stock
127.3 USD
+0.74 (+0.58%)
127.3 USD
0 (0%)
Overall IDA gets a fundamental rating of 4 out of 10. We evaluated IDA against 47 industry peers in the Electric Utilities industry. IDA has a medium profitability rating, but doesn't score so well on its financial health evaluation. IDA is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
IDA had positive earnings in the past year.
In the past year IDA had a positive cash flow from operations.
In the past 5 years IDA has always been profitable.
In the past 5 years IDA always reported a positive cash flow from operatings.
1.2 Ratios
IDA has a Return On Assets of 3.15%. This is in the better half of the industry: IDA outperforms 63.83% of its industry peers.
IDA has a Return On Equity (9.13%) which is comparable to the rest of the industry.
IDA has a worse Return On Invested Capital (2.94%) than 80.85% of its industry peers.
IDA had an Average Return On Invested Capital over the past 3 years of 3.38%. This is in line with the industry average of 4.65%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.15% | ||
| ROE | 9.13% | ||
| ROIC | 2.94% |
ROA(3y)3.21%
ROA(5y)3.28%
ROE(3y)8.96%
ROE(5y)9.07%
ROIC(3y)3.38%
ROIC(5y)3.49%
1.3 Margins
IDA's Profit Margin of 17.59% is amongst the best of the industry. IDA outperforms 89.36% of its industry peers.
In the last couple of years the Profit Margin of IDA has declined.
IDA has a Operating Margin of 18.92%. This is in the lower half of the industry: IDA underperforms 61.70% of its industry peers.
In the last couple of years the Operating Margin of IDA has remained more or less at the same level.
IDA's Gross Margin of 78.55% is fine compared to the rest of the industry. IDA outperforms 72.34% of its industry peers.
IDA's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.92% | ||
| PM (TTM) | 17.59% | ||
| GM | 78.55% |
OM growth 3Y0.63%
OM growth 5Y0.81%
PM growth 3Y-2.05%
PM growth 5Y-1.76%
GM growth 3Y1.97%
GM growth 5Y-0.43%
2. Health
2.1 Basic Checks
IDA 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 IDA has been increased compared to 1 year ago.
IDA has more shares outstanding than it did 5 years ago.
The debt/assets ratio for IDA has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.24, we must say that IDA is in the distress zone and has some risk of bankruptcy.
IDA has a better Altman-Z score (1.24) than 76.60% of its industry peers.
A Debt/Equity ratio of 1.02 is on the high side and indicates that IDA has dependencies on debt financing.
With a decent Debt to Equity ratio value of 1.02, IDA is doing good in the industry, outperforming 70.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.02 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.24 |
ROIC/WACC0.42
WACC7.05%
2.3 Liquidity
A Current Ratio of 1.08 indicates that IDA should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.08, IDA is in the better half of the industry, outperforming 78.72% of the companies in the same industry.
A Quick Ratio of 0.82 indicates that IDA may have some problems paying its short term obligations.
IDA has a better Quick ratio (0.82) than 63.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.08 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
IDA shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.98%.
Measured over the past 5 years, IDA shows a small growth in Earnings Per Share. The EPS has been growing by 3.56% on average per year.
Looking at the last year, IDA shows a decrease in Revenue. The Revenue has decreased by -1.88% in the last year.
The Revenue has been growing slightly by 6.29% on average over the past years.
EPS 1Y (TTM)7.98%
EPS 3Y4.15%
EPS 5Y3.56%
EPS Q2Q%6.6%
Revenue 1Y (TTM)-1.88%
Revenue growth 3Y7.8%
Revenue growth 5Y6.29%
Sales Q2Q%-0.78%
3.2 Future
IDA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.33% yearly.
Based on estimates for the next years, IDA will show a small growth in Revenue. The Revenue will grow by 7.57% on average per year.
EPS Next Y7.87%
EPS Next 2Y8.43%
EPS Next 3Y8.54%
EPS Next 5Y8.33%
Revenue Next Year4.9%
Revenue Next 2Y6.47%
Revenue Next 3Y6.59%
Revenue Next 5Y7.57%
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
IDA is valuated rather expensively with a Price/Earnings ratio of 21.87.
IDA's Price/Earnings ratio is a bit more expensive when compared to the industry. IDA is more expensive than 78.72% of the companies in the same industry.
When comparing the Price/Earnings ratio of IDA to the average of the S&P500 Index (26.60), we can say IDA is valued inline with the index average.
The Price/Forward Earnings ratio is 19.76, which indicates a rather expensive current valuation of IDA.
76.60% of the companies in the same industry are cheaper than IDA, based on the Price/Forward Earnings ratio.
IDA's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.23.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.87 | ||
| Fwd PE | 19.76 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, IDA is valued a bit more expensive than 78.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 17.21 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)2.78
PEG (5Y)6.14
EPS Next 2Y8.43%
EPS Next 3Y8.54%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.76%, IDA has a reasonable but not impressive dividend return.
IDA's Dividend Yield is slightly below the industry average, which is at 3.02.
IDA's Dividend Yield is a higher than the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.76% |
5.2 History
The dividend of IDA has a limited annual growth rate of 5.58%.
IDA has paid a dividend for at least 10 years, which is a reliable track record.
IDA has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)5.58%
Div Incr Years13
Div Non Decr Years20
5.3 Sustainability
IDA pays out 58.98% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of IDA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP58.98%
EPS Next 2Y8.43%
EPS Next 3Y8.54%
127.3
+0.74 (+0.58%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners102.69%
Inst Owner Change0.24%
Ins Owners0.36%
Ins Owner Change0%
Market Cap6.88B
Revenue(TTM)1.81B
Net Income(TTM)317.74M
Analysts81.67
Price Target142.93 (12.28%)
Short Float %7.72%
Short Ratio10.18
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.76% |
Yearly Dividend3.38
Dividend Growth(5Y)5.58%
DP58.98%
Div Incr Years13
Div Non Decr Years20
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.43%
Min EPS beat(2)-2.01%
Max EPS beat(2)-0.85%
EPS beat(4)2
Avg EPS beat(4)2.91%
Min EPS beat(4)-2.01%
Max EPS beat(4)10.64%
EPS beat(8)4
Avg EPS beat(8)1.73%
EPS beat(12)7
Avg EPS beat(12)3.73%
EPS beat(16)9
Avg EPS beat(16)3.95%
Revenue beat(2)0
Avg Revenue beat(2)-18.72%
Min Revenue beat(2)-21.49%
Max Revenue beat(2)-15.95%
Revenue beat(4)1
Avg Revenue beat(4)-9.63%
Min Revenue beat(4)-21.49%
Max Revenue beat(4)1.15%
Revenue beat(8)4
Avg Revenue beat(8)1.83%
Revenue beat(12)7
Avg Revenue beat(12)9.49%
Revenue beat(16)11
Avg Revenue beat(16)10.94%
PT rev (1m)-0.53%
PT rev (3m)5.62%
EPS NQ rev (1m)-1.71%
EPS NQ rev (3m)5.86%
EPS NY rev (1m)0.15%
EPS NY rev (3m)0.13%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)20.03%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.87 | ||
| Fwd PE | 19.76 | ||
| P/S | 3.81 | ||
| P/FCF | N/A | ||
| P/OCF | 11.46 | ||
| P/B | 1.98 | ||
| P/tB | 1.98 | ||
| EV/EBITDA | 17.21 |
EPS(TTM)5.82
EY4.57%
EPS(NY)6.44
Fwd EY5.06%
FCF(TTM)-7.59
FCFYN/A
OCF(TTM)11.11
OCFY8.73%
SpS33.41
BVpS64.4
TBVpS64.4
PEG (NY)2.78
PEG (5Y)6.14
Graham Number91.84
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.15% | ||
| ROE | 9.13% | ||
| ROCE | 3.72% | ||
| ROIC | 2.94% | ||
| ROICexc | 3.05% | ||
| ROICexgc | 3.05% | ||
| OM | 18.92% | ||
| PM (TTM) | 17.59% | ||
| GM | 78.55% | ||
| FCFM | N/A |
ROA(3y)3.21%
ROA(5y)3.28%
ROE(3y)8.96%
ROE(5y)9.07%
ROIC(3y)3.38%
ROIC(5y)3.49%
ROICexc(3y)3.51%
ROICexc(5y)3.63%
ROICexgc(3y)3.51%
ROICexgc(5y)3.63%
ROCE(3y)4.27%
ROCE(5y)4.42%
ROICexgc growth 3Y1.39%
ROICexgc growth 5Y0.9%
ROICexc growth 3Y1.39%
ROICexc growth 5Y0.9%
OM growth 3Y0.63%
OM growth 5Y0.81%
PM growth 3Y-2.05%
PM growth 5Y-1.76%
GM growth 3Y1.97%
GM growth 5Y-0.43%
F-Score5
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.02 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6 | ||
| Cap/Depr | 404.68% | ||
| Cap/Sales | 55.96% | ||
| Interest Coverage | 2.52 | ||
| Cash Conversion | 101.55% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.08 | ||
| Quick Ratio | 0.82 | ||
| Altman-Z | 1.24 |
F-Score5
WACC7.05%
ROIC/WACC0.42
Cap/Depr(3y)332.46%
Cap/Depr(5y)268.27%
Cap/Sales(3y)38.72%
Cap/Sales(5y)31.95%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)7.98%
EPS 3Y4.15%
EPS 5Y3.56%
EPS Q2Q%6.6%
EPS Next Y7.87%
EPS Next 2Y8.43%
EPS Next 3Y8.54%
EPS Next 5Y8.33%
Revenue 1Y (TTM)-1.88%
Revenue growth 3Y7.8%
Revenue growth 5Y6.29%
Sales Q2Q%-0.78%
Revenue Next Year4.9%
Revenue Next 2Y6.47%
Revenue Next 3Y6.59%
Revenue Next 5Y7.57%
EBIT growth 1Y5.63%
EBIT growth 3Y8.48%
EBIT growth 5Y7.15%
EBIT Next Year88.89%
EBIT Next 3Y38.34%
EBIT Next 5Y27.55%
FCF growth 1Y-32.22%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y145.8%
OCF growth 3Y17.84%
OCF growth 5Y10.15%
IDACORP INC / IDA FAQ
What is the fundamental rating for IDA stock?
ChartMill assigns a fundamental rating of 4 / 10 to IDA.
Can you provide the valuation status for IDACORP INC?
ChartMill assigns a valuation rating of 1 / 10 to IDACORP INC (IDA). This can be considered as Overvalued.
How profitable is IDACORP INC (IDA) stock?
IDACORP INC (IDA) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for IDA stock?
The Price/Earnings (PE) ratio for IDACORP INC (IDA) is 21.87 and the Price/Book (PB) ratio is 1.98.
What is the earnings growth outlook for IDACORP INC?
The Earnings per Share (EPS) of IDACORP INC (IDA) is expected to grow by 7.87% in the next year.