VERBUND AG (OEWA.DE) Stock Fundamental Analysis
FRA:OEWA - Deutsche Boerse Ag - AT0000746409 - Common Stock - Currency: EUR
Taking everything into account, OEWA scores 6 out of 10 in our fundamental rating. OEWA was compared to 16 industry peers in the Electric Utilities industry. OEWA has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. OEWA is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year OEWA was profitable.
OEWA had a positive operating cash flow in the past year.
In the past 5 years OEWA has always been profitable.
Each year in the past 5 years OEWA had a positive operating cash flow.
1.2 Ratios
OEWA has a better Return On Assets (9.27%) than 100.00% of its industry peers.
OEWA has a Return On Equity of 16.96%. This is comparable to the rest of the industry: OEWA outperforms 56.25% of its industry peers.
OEWA has a Return On Invested Capital of 12.42%. This is amongst the best in the industry. OEWA outperforms 87.50% of its industry peers.
The Average Return On Invested Capital over the past 3 years for OEWA is above the industry average of 8.76%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.27% | ||
| ROE | 16.96% | ||
| ROIC | 12.42% |
ROA(3y)10.2%
ROA(5y)8.19%
ROE(3y)21.71%
ROE(5y)18.28%
ROIC(3y)12.64%
ROIC(5y)10.25%
1.3 Margins
OEWA has a better Profit Margin (20.70%) than 87.50% of its industry peers.
OEWA's Profit Margin has improved in the last couple of years.
OEWA's Operating Margin of 32.29% is amongst the best of the industry. OEWA outperforms 87.50% of its industry peers.
OEWA's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 54.74%, OEWA is doing good in the industry, outperforming 75.00% of the companies in the same industry.
In the last couple of years the Gross Margin of OEWA has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 32.29% | ||
| PM (TTM) | 20.7% | ||
| GM | 54.74% |
OM growth 3Y20.98%
OM growth 5Y9.42%
PM growth 3Y7.54%
PM growth 5Y9.81%
GM growth 3Y6.75%
GM growth 5Y3.6%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), OEWA is creating value.
OEWA has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for OEWA remains at a similar level compared to 5 years ago.
OEWA has a better debt/assets ratio than last year.
2.2 Solvency
OEWA has an Altman-Z score of 2.50. This is not the best score and indicates that OEWA is in the grey zone with still only limited risk for bankruptcy at the moment.
OEWA has a Altman-Z score of 2.50. This is amongst the best in the industry. OEWA outperforms 87.50% of its industry peers.
OEWA has a debt to FCF ratio of 1.35. This is a very positive value and a sign of high solvency as it would only need 1.35 years to pay back of all of its debts.
OEWA has a better Debt to FCF ratio (1.35) than 87.50% of its industry peers.
OEWA has a Debt/Equity ratio of 0.19. This is a healthy value indicating a solid balance between debt and equity.
With an excellent Debt to Equity ratio value of 0.19, OEWA belongs to the best of the industry, outperforming 93.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 1.35 | ||
| Altman-Z | 2.5 |
ROIC/WACC1.97
WACC6.3%
2.3 Liquidity
A Current Ratio of 1.51 indicates that OEWA should not have too much problems paying its short term obligations.
OEWA has a better Current ratio (1.51) than 87.50% of its industry peers.
OEWA has a Quick Ratio of 1.45. This is a normal value and indicates that OEWA is financially healthy and should not expect problems in meeting its short term obligations.
OEWA has a Quick ratio of 1.45. This is amongst the best in the industry. OEWA outperforms 93.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.51 | ||
| Quick Ratio | 1.45 |
3. Growth
3.1 Past
OEWA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -21.30%.
Measured over the past years, OEWA shows a very strong growth in Earnings Per Share. The EPS has been growing by 27.58% on average per year.
The Revenue has decreased by -7.21% in the past year.
OEWA shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 16.18% yearly.
EPS 1Y (TTM)-21.3%
EPS 3Y29%
EPS 5Y27.58%
EPS Q2Q%-21.6%
Revenue 1Y (TTM)-7.21%
Revenue growth 3Y19.95%
Revenue growth 5Y16.18%
Sales Q2Q%14.3%
3.2 Future
The Earnings Per Share is expected to decrease by -8.06% on average over the next years.
The Revenue is expected to decrease by -9.69% on average over the next years.
EPS Next Y-15.9%
EPS Next 2Y-19.82%
EPS Next 3Y-15.37%
EPS Next 5Y-8.06%
Revenue Next Year-8.44%
Revenue Next 2Y-9.53%
Revenue Next 3Y-7.37%
Revenue Next 5Y-9.69%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 12.87, which indicates a correct valuation of OEWA.
Based on the Price/Earnings ratio, OEWA is valued a bit cheaper than the industry average as 68.75% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.15. OEWA is valued rather cheaply when compared to this.
OEWA is valuated rather expensively with a Price/Forward Earnings ratio of 19.33.
Based on the Price/Forward Earnings ratio, OEWA is valued a bit more expensive than 62.50% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of OEWA to the average of the S&P500 Index (21.60), we can say OEWA is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.87 | ||
| Fwd PE | 19.33 |
4.2 Price Multiples
93.75% of the companies in the same industry are more expensive than OEWA, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, OEWA is valued cheaply inside the industry as 93.75% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.44 | ||
| EV/EBITDA | 3.54 |
4.3 Compensation for Growth
The excellent profitability rating of OEWA may justify a higher PE ratio.
OEWA's earnings are expected to decrease with -15.37% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.47
EPS Next 2Y-19.82%
EPS Next 3Y-15.37%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.31%, OEWA is a good candidate for dividend investing.
OEWA's Dividend Yield is a higher than the industry average which is at 4.32.
OEWA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.31% |
5.2 History
The dividend of OEWA is nicely growing with an annual growth rate of 67.68%!
Dividend Growth(5Y)67.68%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
OEWA pays out 109.57% of its income as dividend. This is not a sustainable payout ratio.
The Dividend Rate of OEWA has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP109.57%
EPS Next 2Y-19.82%
EPS Next 3Y-15.37%
FRA:OEWA (6/27/2025, 7:00:00 PM)
65.4
+0.3 (+0.46%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners14.13%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap11.13B
Analysts41.11
Price Target63.73 (-2.55%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.31% |
Yearly Dividend5.57
Dividend Growth(5Y)67.68%
DP109.57%
Div Incr Years5
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)-5%
PT rev (3m)-6.58%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-3.07%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.87 | ||
| Fwd PE | 19.33 | ||
| P/S | 1.3 | ||
| P/FCF | 6.44 | ||
| P/OCF | 3.9 | ||
| P/B | 1.07 | ||
| P/tB | 1.2 | ||
| EV/EBITDA | 3.54 |
EPS(TTM)5.08
EY7.77%
EPS(NY)3.38
Fwd EY5.17%
FCF(TTM)10.15
FCFY15.52%
OCF(TTM)16.79
OCFY25.67%
SpS50.12
BVpS61.17
TBVpS54.67
PEG (NY)N/A
PEG (5Y)0.47
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.27% | ||
| ROE | 16.96% | ||
| ROCE | 16.14% | ||
| ROIC | 12.42% | ||
| ROICexc | 13.21% | ||
| ROICexgc | 14.19% | ||
| OM | 32.29% | ||
| PM (TTM) | 20.7% | ||
| GM | 54.74% | ||
| FCFM | 20.26% |
ROA(3y)10.2%
ROA(5y)8.19%
ROE(3y)21.71%
ROE(5y)18.28%
ROIC(3y)12.64%
ROIC(5y)10.25%
ROICexc(3y)13.27%
ROICexc(5y)10.67%
ROICexgc(3y)14.29%
ROICexgc(5y)11.47%
ROCE(3y)16.44%
ROCE(5y)13.33%
ROICexcg growth 3Y28.29%
ROICexcg growth 5Y17.11%
ROICexc growth 3Y28.39%
ROICexc growth 5Y16.93%
OM growth 3Y20.98%
OM growth 5Y9.42%
PM growth 3Y7.54%
PM growth 5Y9.81%
GM growth 3Y6.75%
GM growth 5Y3.6%
F-Score5
Asset Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 1.35 | ||
| Debt/EBITDA | 0.56 | ||
| Cap/Depr | 147.71% | ||
| Cap/Sales | 13.24% | ||
| Interest Coverage | 74.65 | ||
| Cash Conversion | 81.2% | ||
| Profit Quality | 97.87% | ||
| Current Ratio | 1.51 | ||
| Quick Ratio | 1.45 | ||
| Altman-Z | 2.5 |
F-Score5
WACC6.3%
ROIC/WACC1.97
Cap/Depr(3y)165.48%
Cap/Depr(5y)188.3%
Cap/Sales(3y)12.58%
Cap/Sales(5y)14.61%
Profit Quality(3y)109.75%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-21.3%
EPS 3Y29%
EPS 5Y27.58%
EPS Q2Q%-21.6%
EPS Next Y-15.9%
EPS Next 2Y-19.82%
EPS Next 3Y-15.37%
EPS Next 5Y-8.06%
Revenue 1Y (TTM)-7.21%
Revenue growth 3Y19.95%
Revenue growth 5Y16.18%
Sales Q2Q%14.3%
Revenue Next Year-8.44%
Revenue Next 2Y-9.53%
Revenue Next 3Y-7.37%
Revenue Next 5Y-9.69%
EBIT growth 1Y-9.97%
EBIT growth 3Y45.13%
EBIT growth 5Y27.13%
EBIT Next Year5.26%
EBIT Next 3Y-3.69%
EBIT Next 5Y-0.92%
FCF growth 1Y-21.31%
FCF growth 3YN/A
FCF growth 5Y21.02%
OCF growth 1Y-9.98%
OCF growth 3Y221.06%
OCF growth 5Y21.95%