View ValuationAcciona 将来の成長Future 基準チェック /06Accionaの収益は年間4.1%で減少すると予測されていますが、年間収益は年間1.5%で増加すると予測されています。EPS は年間 減少すると予測されています。自己資本利益率は 3 年後に8.8% 10.2%なると予測されています。主要情報-4.1%収益成長率-10.25%EPS成長率Electric Utilities 収益成長7.6%収益成長率1.5%将来の株主資本利益率8.80%アナリストカバレッジGood最終更新日21 May 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • May 15Acciona, S.A., Annual General Meeting, Jun 24, 2026Acciona, S.A., Annual General Meeting, Jun 24, 2026. Location: campus acciona, avenida de la gran via de hortaleza 3, madrid., SpainNew Risk • Mar 09New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 79% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results.Reported Earnings • Feb 28Full year 2025 earnings releasedFull year 2025 results: Revenue: €22.2b (up 6.3% from FY 2024). Net income: €803.0m (up 90% from FY 2024). Profit margin: 3.6% (up from 2.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 3.5% growth forecast for the Electric Utilities industry in Europe.Valuation Update With 7 Day Price Move • Feb 27Investor sentiment improves as stock rises 25%After last week's 25% share price gain to €248, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 15x in the Electric Utilities industry in Europe. Total returns to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €139 per share.お知らせ • Feb 27+ 2 more updatesAcciona, S.A. to Report Q1, 2026 Results on May 07, 2026Acciona, S.A. announced that they will report Q1, 2026 results on May 07, 2026お知らせ • Feb 18Acciona, S.A. to Report Fiscal Year 2025 Results on Feb 26, 2026Acciona, S.A. announced that they will report fiscal year 2025 results After-Market on Feb 26, 2026Reported Earnings • Aug 01First half 2025 earnings released: EPS: €9.66 (vs €2.13 in 1H 2024)First half 2025 results: EPS: €9.66 (up from €2.13 in 1H 2024). Revenue: €10.3b (up 8.6% from 1H 2024). Net income: €526.0m (up 353% from 1H 2024). Profit margin: 5.1% (up from 1.2% in 1H 2024). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.8% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 1.9%. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Declared Dividend • Jun 05Dividend of €4.25 announcedShareholders will receive a dividend of €4.25. Ex-date: 8th July 2025 Payment date: 10th July 2025 Dividend yield will be 2.8%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (68% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 19% over the next 3 years. However, it would need to fall by 25% to increase the payout ratio to a potentially unsustainable range.Declared Dividend • May 18Dividend of €4.25 announcedShareholders will receive a dividend of €4.25. Ex-date: 8th July 2025 Payment date: 10th July 2025 Dividend yield will be 3.2%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (68% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 13% over the next 3 years. However, it would need to fall by 25% to increase the payout ratio to a potentially unsustainable range.お知らせ • May 15Acciona, S.A., Annual General Meeting, Jun 25, 2025Acciona, S.A., Annual General Meeting, Jun 25, 2025. Location: campus acciona, avenida de la gran via de hortaleza 3, madrid SpainReported Earnings • Feb 28Full year 2024 earnings releasedFull year 2024 results: Revenue: €20.9b (up 16% from FY 2023). Net income: €422.0m (down 22% from FY 2023). Profit margin: 2.0% (down from 3.0% in FY 2023). Revenue is expected to decline by 4.6% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 3.1%.New Risk • Feb 28New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 7.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 141% Paying a dividend despite having no free cash flows. Earnings are forecast to decline by an average of 7.1% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.0% net profit margin).お知らせ • Nov 28+ 1 more updateAcciona, S.A. to Report Fiscal Year 2024 Results on Feb 27, 2025Acciona, S.A. announced that they will report fiscal year 2024 results After-Market on Feb 27, 2025Buy Or Sell Opportunity • Sep 06Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 8.2% to €129. The fair value is estimated to be €106, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to decline by 0.6% per annum. Earnings are forecast to grow by 13% per annum over the same time period.Reported Earnings • Aug 02First half 2024 earnings released: EPS: €2.13 (vs €8.54 in 1H 2023)First half 2024 results: EPS: €2.13 (down from €8.54 in 1H 2023). Revenue: €9.45b (up 25% from 1H 2023). Net income: €116.0m (down 75% from 1H 2023). Profit margin: 1.2% (down from 6.2% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 1.8% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 3% per year.New Risk • Aug 01New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.0% Last year net profit margin: 5.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.5x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 140% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.0% net profit margin).New Risk • Jul 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Austrian stocks, typically moving 4.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings are forecast to decline by an average of 6.7% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (4.3% average weekly change). Large one-off items impacting financial results.お知らせ • May 12Acciona, S.A., Annual General Meeting, Jun 19, 2024Acciona, S.A., Annual General Meeting, Jun 19, 2024. Location: campus acciona, avenida de la gran via de hortaleza 3, madrid, SpainBuy Or Sell Opportunity • May 03Now 22% overvaluedOver the last 90 days, the stock has fallen 4.2% to €115. The fair value is estimated to be €94.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to decline by 1.0% per annum. Earnings are also forecast to decline by 7.7% per annum over the same time period.New Risk • Mar 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 87% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Share price has been highly volatile over the past 3 months (5.8% average weekly change). Earnings are forecast to decline by an average of 4.8% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.Buy Or Sell Opportunity • Mar 15Now 21% overvaluedOver the last 90 days, the stock has fallen 15% to €115. The fair value is estimated to be €94.97, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to decline by 2.5% per annum. Earnings are also forecast to decline by 4.8% per annum over the same time period.New Risk • Mar 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Earnings are forecast to decline by an average of 5.0% per year for the foreseeable future. Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Mar 03Full year 2023 earnings released: EPS: €9.89 (vs €8.06 in FY 2022)Full year 2023 results: EPS: €9.89 (up from €8.06 in FY 2022). Revenue: €18.0b (up 47% from FY 2022). Net income: €541.0m (up 23% from FY 2022). Profit margin: 3.0% (down from 3.6% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Feb 13Now 22% overvaluedOver the last 90 days, the stock has fallen 14% to €114. The fair value is estimated to be €93.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 23%. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings are forecast to decline by 6.1% per annum over the same time period.お知らせ • Jan 13+ 1 more updateAcciona, S.A. to Report First Half, 2024 Results on Jul 28, 2024Acciona, S.A. announced that they will report first half, 2024 results on Jul 28, 2024New Risk • Nov 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Austrian stocks, typically moving 3.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Earnings are forecast to decline by an average of 0.7% per year for the foreseeable future. High level of non-cash earnings (21% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (3.9% average weekly change).Reported Earnings • Jul 31First half 2023 earnings released: EPS: €8.54 (vs €3.68 in 1H 2022)First half 2023 results: EPS: €8.54 (up from €3.68 in 1H 2022). Revenue: €7.58b (up 35% from 1H 2022). Net income: €467.0m (up 132% from 1H 2022). Profit margin: 6.2% (up from 3.6% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is expected to fall by 2.3% p.a. on average during the next 3 years compared to a 3.6% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.New Risk • Jul 30New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 11% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Earnings are forecast to decline by an average of 11% per year for the foreseeable future. High level of non-cash earnings (21% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Upcoming Dividend • Jun 27Upcoming dividend of €3.65 per share at 2.9% yieldEligible shareholders must have bought the stock before 04 July 2023. Payment date: 06 July 2023. Payout ratio is a comfortable 56% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Austrian dividend payers (5.4%). Lower than average of industry peers (5.0%).お知らせ • Jun 14Acciona, S.A. (BME:ANA) and Corporación Acciona Energías Renovables, S.A. (BME:ANE) acquired unknown majority stake in Solideo Eco Systems S.L.Acciona, S.A. (BME:ANA) and Corporación Acciona Energías Renovables, S.A. (BME:ANE) acquired unknown majority stake in Solideo Eco Systems S.L. on June 12, 2023.Acciona, S.A. (BME:ANA) and Corporación Acciona Energías Renovables, S.A. (BME:ANE) completed the acquisition of unknown majority stake in Solideo Eco Systems S.L. on June 12, 2023.Reported Earnings • Mar 02Full year 2022 earnings released: EPS: €8.06 (vs €6.08 in FY 2021)Full year 2022 results: EPS: €8.06 (up from €6.08 in FY 2021). Revenue: €12.2b (up 41% from FY 2021). Net income: €441.0m (up 33% from FY 2021). Profit margin: 3.6% (down from 3.8% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 1.0% p.a. on average during the next 3 years compared to a 3.4% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 14% per year.お知らせ • Feb 18Acciona, S.A. to Report Fiscal Year 2022 Results on Feb 28, 2023Acciona, S.A. announced that they will report fiscal year 2022 results at 5:30 PM, Romance Standard Time on Feb 28, 2023お知らせ • Jan 27Acciona, S.A. (BME:ANA) reached an agreement to acquire an unknown stake in Renomar, Energías Renovables Mediterráneas, S.A. from Grupo Med Wind Energy, SL.Acciona, S.A. (BME:ANA) reached an agreement to acquire an unknown stake in Renomar, Energías Renovables Mediterráneas, S.A. from Grupo Med Wind Energy, SL on January 26, 2023.Reported Earnings • Jul 31First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €148.0m from profit in 1H 2021). Profit margin: (down from 3.8% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to decline by 13% while the industry in Austria is not expected to grow. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jun 28Upcoming dividend of €3.32 per shareEligible shareholders must have bought the stock before 05 July 2022. Payment date: 07 July 2022. Payout ratio is a comfortable 67% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Austrian dividend payers (5.1%). Lower than average of industry peers (4.5%).Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 5 highly experienced directors. Independent Director Maria Dolores Dancausa Trevino was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to €162, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 13x in the Electric Utilities industry in Europe. Total returns to shareholders of 86% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €94.75 per share.Reported Earnings • Feb 28Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: €6.08 (down from €6.98 in FY 2020). Revenue: €8.33b (up 15% from FY 2020). Net income: €332.0m (down 13% from FY 2020). Profit margin: 4.0% (down from 5.2% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 8.2%. Over the next year, revenue is expected to shrink by 6.5% compared to a 5.9% growth forecast for the industry in Austria. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 18% per year.お知らせ • Feb 16Acciona, S.A. to Report Fiscal Year 2021 Results on Feb 24, 2022Acciona, S.A. announced that they will report fiscal year 2021 results After-Market on Feb 24, 2022お知らせ • Feb 09Acciona, S.A. to Report First Half, 2022 Results on Jul 28, 2022Acciona, S.A. announced that they will report first half, 2022 results on Jul 28, 2022お知らせ • Jan 13Acciona Reportedly Preparing to Sell Down 8% Acciona Energia StakeAcciona, S.A. (BME:ANA) is preparing to sell down 8% of its renewable energy subsidiary Corporación Acciona Energías Renovables, S.A. (BME:ANE) (Acciona Energia), in a deal that could fetch between €800 million ($906.9m) and €1 billion, Spanish finance newspaper Cinco Dias reported on January 12, 2022. The process is reportedly not imminent and could get underway in the form of an accelerated bookbuild on the public market in the coming months.Reported Earnings • Jul 31Second quarter 2021 earnings releasedThe company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €2.01b (up 28% from 2Q 2020). Net income: €51.0m (up €106.8m from 2Q 2020). Profit margin: 2.5% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jun 28Upcoming dividend of €3.16 per shareEligible shareholders must have bought the stock before 05 July 2021. Payment date: 07 July 2021. Trailing yield: 3.1%. Lower than top quartile of Austrian dividend payers (3.3%). Lower than average of industry peers (3.8%).Reported Earnings • May 12First quarter 2021 earnings released: EPS €1.78 (vs €1.43 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: €1.71b (down 9.8% from 1Q 2020). Net income: €97.0m (up 24% from 1Q 2020). Profit margin: 5.7% (up from 4.1% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 17Ark Energy Corporation entered into an agreement to acquire 30% stake in MacIntyre Wind Farm in Queensland from Acciona, S.A. (BME:ANA) on March 16, 2021.Ark Energy Corporation entered into an agreement to acquire 30% stake in MacIntyre Wind Farm in Queensland from Acciona, S.A. (BME:ANA) on March 16, 2021.ACCIONA will own the remaining 70% of the project. ACCIONA will remain responsible for managing the project through its development, construction, operations and maintenance stages. In addition to the MacIntyre Wind Farm, ACCIONA will build the Karara Wind Farm (103MW), owned by CleanCo. The two projects will jointly mobilise investments of around AUD 2 billion will be key to the State of Queensland’s goal of achieving a 50% share of renewable energy in its electricity consumption by 2030.Reported Earnings • Feb 25Full year 2020 earnings released: EPS €6.98 (vs €6.46 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: €7.26b (down 7.8% from FY 2019). Net income: €380.3m (up 8.1% from FY 2019). Profit margin: 5.2% (up from 4.5% in FY 2019). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improved over the past weekAfter last week's 17% share price gain to €144, the stock is trading at a trailing P/E ratio of 34.8x, up from the previous P/E ratio of 29.8x. This compares to an average P/E of 12x in the Electric Utilities industry in Europe. Total returns to shareholders over the past three years are 127%.Is New 90 Day High Low • Feb 19New 90-day high: €138The company is up 35% from its price of €102 on 20 November 2020. The Austrian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €180 per share.お知らせ • Feb 17ACCIONA and Plug Power Sign Memorandum of Understanding to Launch a Joint-Venture Headquartered in MadridACCIONA S.A. and Plug Power Inc. announced the signing of a memorandum of understanding (MOU) to launch a 50-50 joint-venture (JV) headquartered in Madrid. This JV will be a green hydrogen platform serving clients in Spain and Portugal, providing cost-efficient and competitive green hydrogen to multiple end markets. The parties expect the JV will develop, operate, and maintain green hydrogen projects, serving the growing demand in the Iberian Peninsula. The new company also plans to provide storage, transportation, and delivery services to its customers, initially targeting the industrial and the mobility business segments. The goal is to reach a 20% market share of the green hydrogen business in Spain and Portugal by 2030, which will entail an initially planned investment of over €2 billion. Plug Power will serve as the preferred supplier of electrolyzer technology to the JV, with ACCIONA as the preferred clean electricity provider. The JV will also use ACCIONA’s GreenH2Chain® blockchain platform to provide guarantees of renewable origin for the hydrogen supplied. ACCIONA and Plug Power have complementary strengths to create the leading green hydrogen platform in the Iberia Peninsula. The joint venture company is subject to definitive documentation and is expected to be launched by the end of the first half of 2021. The initial projects to be selected are already under development. The joint venture combines Plug Power’s technology and ACCIONA’s status as the largest 100% renewable power retailer in Spain.お知らせ • Feb 12Acciona, S.A. to Report Fiscal Year 2020 Results on Feb 18, 2021Acciona, S.A. announced that they will report fiscal year 2020 results After-Market on Feb 18, 2021Is New 90 Day High Low • Jan 27New 90-day high: €133The company is up 47% from its price of €90.30 on 28 October 2020. The Austrian market is up 37% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €122 per share.お知らせ • Jan 22Stoa Sa acquired 12.3% stake in Concessionaria Linha Universidade S.A from Acciona, S.A. (BME:ANA).Stoa Sa acquired 12.3% stake in Concessionaria Linha Universidade S.A from Acciona, S.A. (BME:ANA) on January 20, 2021. Stoa Sa has committed an equity investment in Concessionaria Linha Universidade of BRL 317 million which will be deployed during the construction period. Stoa Sa completed the acqusition of 12.3% stake in Concessionaria Linha Universidade S.A from Acciona, S.A. (BME:ANA) on January 20, 2021.Is New 90 Day High Low • Jan 06New 90-day high: €119The company is up 22% from its price of €97.50 on 08 October 2020. The Austrian market is up 27% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electric Utilities industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €103 per share.Is New 90 Day High Low • Dec 16New 90-day high: €114The company is up 12% from its price of €102 on 17 September 2020. The Austrian market is up 18% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Electric Utilities industry, which is also up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €54.08 per share.お知らせ • Dec 01Meridiam Infra Invest Fund, Meridiam Infrastructure Finance S.a.r.l. and BESTINVER S.A. entered into an agreement to acquire eight concession assets in Spain from Acciona, S.A. (BME:ANA) for approximately €480 million.Meridiam Infra Invest Fund, Meridiam Infrastructure Finance S.a.r.l. and BESTINVER S.A. entered into an agreement to acquire stake in eight concession assets in Spain from Acciona, S.A. (BME:ANA) for approximately €480 million on November 30, 2020. The consideration includes €357 million as purchase price and €127 million of debt related to assets. Meridiam will pay €312 million for the leading stakes and BESTINVER will pay €45 million and will take minority stakes in the CM-42 Highway and in two of the hospitals. A partial payment of €234 million will be made before the end of 2020. The transaction is subject to various authorizations and is expected to close in first half of 2021. Crédit Agricole Corporate and Investment Bank has acted as sole financial advisor to Acciona in the transaction.Is New 90 Day High Low • Nov 26New 90-day high: €104The company is up 3.0% from its price of €101 on 27 August 2020. The Austrian market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €44.29 per share.Analyst Estimate Surprise Post Earnings • Nov 10Revenue misses expectationsRevenue missed analyst estimates by 1.2%. Over the next year, revenue is forecast to stay flat compared to a 18% growth forecast for the Electric Utilities industry in Austria.Is New 90 Day High Low • Oct 29New 90-day low: €90.30The company is down 5.0% from its price of €95.25 on 30 July 2020. The Austrian market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €324 per share.お知らせ • Sep 29Acciona, S.A. (BME:ANA) acquired 240 MW AC and 315 MW DC photovoltaic (PV) project in Texas from Diode Ventures, LLCAcciona, S.A. (BME:ANA) acquired 240 MW AC and 315 MW DC photovoltaic (PV) project in Texas from Diode Ventures, LLC on September 28, 2020. With the transaction, ACCIONA extends its footprint in U.S. solar generation as demand for renewable energy grows due to increasing efforts to decarbonize the electric sector. Acciona, S.A. (BME:ANA) completed the acquisition of 240 MW AC and 315 MW DC photovoltaic (PV) project in Texas from Diode Ventures, LLC on September 28, 2020.お知らせ • Sep 18Accicona S.A. Signs One Year Renewable Power Supply Deal with Madrid Calle 30 SAAcciona S.A. announced that it has signed a one-year contract to supply certified 100% renewable energy power to road manager Madrid Calle 30 SA. Under the terms of the deal, Acciona will deliver 36 GWh of clean energy to power the buyer's energy management system, responsible for the correct operation of its lighting, ventilation, traffic control, security and communications systems. With this contract, Madrid Calle 30 will be able to avoid more than 5,800 tones of carbon dioxide (CO2) emissions per year.業績と収益の成長予測WBAG:ANA - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202822,2635375821,740612/31/202721,9634941801,7091012/31/202621,084519-4211,9021012/31/202521,4908033792,148N/A9/30/202521,5898183022,333N/A6/30/202521,6888322242,517N/A3/31/202521,283627-1342,378N/A12/31/202420,878422-4922,239N/A9/30/202420,360306-7441,983N/A6/30/202419,842190-9961,727N/A3/31/202418,905366-1,0971,711N/A12/31/202317,967541-1,1991,695N/A9/30/202316,063624-1,5001,384N/A6/30/202314,158707-1,8011,073N/A3/31/202313,185574-1,1741,361N/A12/31/202212,211441-5471,648N/A9/30/202211,322413-3081,369N/A6/30/202210,432385-691,089N/A3/31/20229,630336427901N/A12/31/20218,667332-374574N/A9/30/20218,395549-128941N/A6/30/20217,669513-27937N/A3/31/20217,217399-533943N/A12/31/20207,27138762968N/A9/30/20207,280217-550653N/A6/30/20207,526219-637586N/A3/31/20207,953357-687809N/A12/31/20197,875352-529787N/A9/30/20197,928319N/A830N/A6/30/20198,022297N/A780N/A3/31/20197,986340N/A605N/A12/31/20187,971328N/A636N/A9/30/20187,950210N/A752N/A6/30/20188,007326N/A625N/A3/31/20187,936221N/A482N/A12/31/20177,867220N/A491N/A9/30/20177,445236N/A467N/A6/30/20177,062-164N/A600N/A3/31/20176,717363N/A763N/A12/31/20166,532352N/A823N/A9/30/20166,438389N/AN/AN/A6/30/20166,459701N/A639N/A3/31/20166,741214N/AN/AN/A12/31/20156,791207N/A683N/A9/30/20156,971202N/AN/AN/A6/30/20157,134219N/A723N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: ANAの収益は今後 3 年間で減少すると予測されています (年間-4.1% )。収益対市場: ANAの収益は今後 3 年間で減少すると予測されています (年間-4.1% )。高成長収益: ANAの収益は今後 3 年間で減少すると予測されています。収益対市場: ANAの収益 ( 1.5% ) Austrian市場 ( 3.8% ) よりも低い成長が予測されています。高い収益成長: ANAの収益 ( 1.5% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: ANAの 自己資本利益率 は、3年後には低くなると予測されています ( 8.8 %)。成長企業の発掘7D1Y7D1Y7D1YUtilities 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 01:38終値2026/05/22 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Acciona, S.A. 10 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。24 アナリスト機関Andrés Bolumburu CámaraBanco de Sabadell. S.A.Oscar Nájar RíosBanco SantanderHarry WyburdBNP Paribas21 その他のアナリストを表示
お知らせ • May 15Acciona, S.A., Annual General Meeting, Jun 24, 2026Acciona, S.A., Annual General Meeting, Jun 24, 2026. Location: campus acciona, avenida de la gran via de hortaleza 3, madrid., Spain
New Risk • Mar 09New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 79% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results.
Reported Earnings • Feb 28Full year 2025 earnings releasedFull year 2025 results: Revenue: €22.2b (up 6.3% from FY 2024). Net income: €803.0m (up 90% from FY 2024). Profit margin: 3.6% (up from 2.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 3.5% growth forecast for the Electric Utilities industry in Europe.
Valuation Update With 7 Day Price Move • Feb 27Investor sentiment improves as stock rises 25%After last week's 25% share price gain to €248, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 15x in the Electric Utilities industry in Europe. Total returns to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €139 per share.
お知らせ • Feb 27+ 2 more updatesAcciona, S.A. to Report Q1, 2026 Results on May 07, 2026Acciona, S.A. announced that they will report Q1, 2026 results on May 07, 2026
お知らせ • Feb 18Acciona, S.A. to Report Fiscal Year 2025 Results on Feb 26, 2026Acciona, S.A. announced that they will report fiscal year 2025 results After-Market on Feb 26, 2026
Reported Earnings • Aug 01First half 2025 earnings released: EPS: €9.66 (vs €2.13 in 1H 2024)First half 2025 results: EPS: €9.66 (up from €2.13 in 1H 2024). Revenue: €10.3b (up 8.6% from 1H 2024). Net income: €526.0m (up 353% from 1H 2024). Profit margin: 5.1% (up from 1.2% in 1H 2024). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.8% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 1.9%. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Declared Dividend • Jun 05Dividend of €4.25 announcedShareholders will receive a dividend of €4.25. Ex-date: 8th July 2025 Payment date: 10th July 2025 Dividend yield will be 2.8%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (68% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 19% over the next 3 years. However, it would need to fall by 25% to increase the payout ratio to a potentially unsustainable range.
Declared Dividend • May 18Dividend of €4.25 announcedShareholders will receive a dividend of €4.25. Ex-date: 8th July 2025 Payment date: 10th July 2025 Dividend yield will be 3.2%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (68% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 13% over the next 3 years. However, it would need to fall by 25% to increase the payout ratio to a potentially unsustainable range.
お知らせ • May 15Acciona, S.A., Annual General Meeting, Jun 25, 2025Acciona, S.A., Annual General Meeting, Jun 25, 2025. Location: campus acciona, avenida de la gran via de hortaleza 3, madrid Spain
Reported Earnings • Feb 28Full year 2024 earnings releasedFull year 2024 results: Revenue: €20.9b (up 16% from FY 2023). Net income: €422.0m (down 22% from FY 2023). Profit margin: 2.0% (down from 3.0% in FY 2023). Revenue is expected to decline by 4.6% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to grow by 3.1%.
New Risk • Feb 28New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 7.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 141% Paying a dividend despite having no free cash flows. Earnings are forecast to decline by an average of 7.1% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.0% net profit margin).
お知らせ • Nov 28+ 1 more updateAcciona, S.A. to Report Fiscal Year 2024 Results on Feb 27, 2025Acciona, S.A. announced that they will report fiscal year 2024 results After-Market on Feb 27, 2025
Buy Or Sell Opportunity • Sep 06Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 8.2% to €129. The fair value is estimated to be €106, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to decline by 0.6% per annum. Earnings are forecast to grow by 13% per annum over the same time period.
Reported Earnings • Aug 02First half 2024 earnings released: EPS: €2.13 (vs €8.54 in 1H 2023)First half 2024 results: EPS: €2.13 (down from €8.54 in 1H 2023). Revenue: €9.45b (up 25% from 1H 2023). Net income: €116.0m (down 75% from 1H 2023). Profit margin: 1.2% (down from 6.2% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 1.8% growth forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 3% per year.
New Risk • Aug 01New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.0% Last year net profit margin: 5.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.5x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 140% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.0% net profit margin).
New Risk • Jul 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Austrian stocks, typically moving 4.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings are forecast to decline by an average of 6.7% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (4.3% average weekly change). Large one-off items impacting financial results.
お知らせ • May 12Acciona, S.A., Annual General Meeting, Jun 19, 2024Acciona, S.A., Annual General Meeting, Jun 19, 2024. Location: campus acciona, avenida de la gran via de hortaleza 3, madrid, Spain
Buy Or Sell Opportunity • May 03Now 22% overvaluedOver the last 90 days, the stock has fallen 4.2% to €115. The fair value is estimated to be €94.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to decline by 1.0% per annum. Earnings are also forecast to decline by 7.7% per annum over the same time period.
New Risk • Mar 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 87% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Share price has been highly volatile over the past 3 months (5.8% average weekly change). Earnings are forecast to decline by an average of 4.8% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
Buy Or Sell Opportunity • Mar 15Now 21% overvaluedOver the last 90 days, the stock has fallen 15% to €115. The fair value is estimated to be €94.97, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to decline by 2.5% per annum. Earnings are also forecast to decline by 4.8% per annum over the same time period.
New Risk • Mar 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Earnings are forecast to decline by an average of 5.0% per year for the foreseeable future. Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Mar 03Full year 2023 earnings released: EPS: €9.89 (vs €8.06 in FY 2022)Full year 2023 results: EPS: €9.89 (up from €8.06 in FY 2022). Revenue: €18.0b (up 47% from FY 2022). Net income: €541.0m (up 23% from FY 2022). Profit margin: 3.0% (down from 3.6% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Feb 13Now 22% overvaluedOver the last 90 days, the stock has fallen 14% to €114. The fair value is estimated to be €93.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 23%. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings are forecast to decline by 6.1% per annum over the same time period.
お知らせ • Jan 13+ 1 more updateAcciona, S.A. to Report First Half, 2024 Results on Jul 28, 2024Acciona, S.A. announced that they will report first half, 2024 results on Jul 28, 2024
New Risk • Nov 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Austrian stocks, typically moving 3.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Earnings are forecast to decline by an average of 0.7% per year for the foreseeable future. High level of non-cash earnings (21% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (3.9% average weekly change).
Reported Earnings • Jul 31First half 2023 earnings released: EPS: €8.54 (vs €3.68 in 1H 2022)First half 2023 results: EPS: €8.54 (up from €3.68 in 1H 2022). Revenue: €7.58b (up 35% from 1H 2022). Net income: €467.0m (up 132% from 1H 2022). Profit margin: 6.2% (up from 3.6% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is expected to fall by 2.3% p.a. on average during the next 3 years compared to a 3.6% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
New Risk • Jul 30New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 11% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Earnings are forecast to decline by an average of 11% per year for the foreseeable future. High level of non-cash earnings (21% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Upcoming Dividend • Jun 27Upcoming dividend of €3.65 per share at 2.9% yieldEligible shareholders must have bought the stock before 04 July 2023. Payment date: 06 July 2023. Payout ratio is a comfortable 56% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of Austrian dividend payers (5.4%). Lower than average of industry peers (5.0%).
お知らせ • Jun 14Acciona, S.A. (BME:ANA) and Corporación Acciona Energías Renovables, S.A. (BME:ANE) acquired unknown majority stake in Solideo Eco Systems S.L.Acciona, S.A. (BME:ANA) and Corporación Acciona Energías Renovables, S.A. (BME:ANE) acquired unknown majority stake in Solideo Eco Systems S.L. on June 12, 2023.Acciona, S.A. (BME:ANA) and Corporación Acciona Energías Renovables, S.A. (BME:ANE) completed the acquisition of unknown majority stake in Solideo Eco Systems S.L. on June 12, 2023.
Reported Earnings • Mar 02Full year 2022 earnings released: EPS: €8.06 (vs €6.08 in FY 2021)Full year 2022 results: EPS: €8.06 (up from €6.08 in FY 2021). Revenue: €12.2b (up 41% from FY 2021). Net income: €441.0m (up 33% from FY 2021). Profit margin: 3.6% (down from 3.8% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 1.0% p.a. on average during the next 3 years compared to a 3.4% decline forecast for the Electric Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 14% per year.
お知らせ • Feb 18Acciona, S.A. to Report Fiscal Year 2022 Results on Feb 28, 2023Acciona, S.A. announced that they will report fiscal year 2022 results at 5:30 PM, Romance Standard Time on Feb 28, 2023
お知らせ • Jan 27Acciona, S.A. (BME:ANA) reached an agreement to acquire an unknown stake in Renomar, Energías Renovables Mediterráneas, S.A. from Grupo Med Wind Energy, SL.Acciona, S.A. (BME:ANA) reached an agreement to acquire an unknown stake in Renomar, Energías Renovables Mediterráneas, S.A. from Grupo Med Wind Energy, SL on January 26, 2023.
Reported Earnings • Jul 31First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €148.0m from profit in 1H 2021). Profit margin: (down from 3.8% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to decline by 13% while the industry in Austria is not expected to grow. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jun 28Upcoming dividend of €3.32 per shareEligible shareholders must have bought the stock before 05 July 2022. Payment date: 07 July 2022. Payout ratio is a comfortable 67% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Austrian dividend payers (5.1%). Lower than average of industry peers (4.5%).
Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 5 highly experienced directors. Independent Director Maria Dolores Dancausa Trevino was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to €162, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 13x in the Electric Utilities industry in Europe. Total returns to shareholders of 86% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €94.75 per share.
Reported Earnings • Feb 28Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: €6.08 (down from €6.98 in FY 2020). Revenue: €8.33b (up 15% from FY 2020). Net income: €332.0m (down 13% from FY 2020). Profit margin: 4.0% (down from 5.2% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 8.2%. Over the next year, revenue is expected to shrink by 6.5% compared to a 5.9% growth forecast for the industry in Austria. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 18% per year.
お知らせ • Feb 16Acciona, S.A. to Report Fiscal Year 2021 Results on Feb 24, 2022Acciona, S.A. announced that they will report fiscal year 2021 results After-Market on Feb 24, 2022
お知らせ • Feb 09Acciona, S.A. to Report First Half, 2022 Results on Jul 28, 2022Acciona, S.A. announced that they will report first half, 2022 results on Jul 28, 2022
お知らせ • Jan 13Acciona Reportedly Preparing to Sell Down 8% Acciona Energia StakeAcciona, S.A. (BME:ANA) is preparing to sell down 8% of its renewable energy subsidiary Corporación Acciona Energías Renovables, S.A. (BME:ANE) (Acciona Energia), in a deal that could fetch between €800 million ($906.9m) and €1 billion, Spanish finance newspaper Cinco Dias reported on January 12, 2022. The process is reportedly not imminent and could get underway in the form of an accelerated bookbuild on the public market in the coming months.
Reported Earnings • Jul 31Second quarter 2021 earnings releasedThe company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €2.01b (up 28% from 2Q 2020). Net income: €51.0m (up €106.8m from 2Q 2020). Profit margin: 2.5% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jun 28Upcoming dividend of €3.16 per shareEligible shareholders must have bought the stock before 05 July 2021. Payment date: 07 July 2021. Trailing yield: 3.1%. Lower than top quartile of Austrian dividend payers (3.3%). Lower than average of industry peers (3.8%).
Reported Earnings • May 12First quarter 2021 earnings released: EPS €1.78 (vs €1.43 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: €1.71b (down 9.8% from 1Q 2020). Net income: €97.0m (up 24% from 1Q 2020). Profit margin: 5.7% (up from 4.1% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 17Ark Energy Corporation entered into an agreement to acquire 30% stake in MacIntyre Wind Farm in Queensland from Acciona, S.A. (BME:ANA) on March 16, 2021.Ark Energy Corporation entered into an agreement to acquire 30% stake in MacIntyre Wind Farm in Queensland from Acciona, S.A. (BME:ANA) on March 16, 2021.ACCIONA will own the remaining 70% of the project. ACCIONA will remain responsible for managing the project through its development, construction, operations and maintenance stages. In addition to the MacIntyre Wind Farm, ACCIONA will build the Karara Wind Farm (103MW), owned by CleanCo. The two projects will jointly mobilise investments of around AUD 2 billion will be key to the State of Queensland’s goal of achieving a 50% share of renewable energy in its electricity consumption by 2030.
Reported Earnings • Feb 25Full year 2020 earnings released: EPS €6.98 (vs €6.46 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: €7.26b (down 7.8% from FY 2019). Net income: €380.3m (up 8.1% from FY 2019). Profit margin: 5.2% (up from 4.5% in FY 2019). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improved over the past weekAfter last week's 17% share price gain to €144, the stock is trading at a trailing P/E ratio of 34.8x, up from the previous P/E ratio of 29.8x. This compares to an average P/E of 12x in the Electric Utilities industry in Europe. Total returns to shareholders over the past three years are 127%.
Is New 90 Day High Low • Feb 19New 90-day high: €138The company is up 35% from its price of €102 on 20 November 2020. The Austrian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €180 per share.
お知らせ • Feb 17ACCIONA and Plug Power Sign Memorandum of Understanding to Launch a Joint-Venture Headquartered in MadridACCIONA S.A. and Plug Power Inc. announced the signing of a memorandum of understanding (MOU) to launch a 50-50 joint-venture (JV) headquartered in Madrid. This JV will be a green hydrogen platform serving clients in Spain and Portugal, providing cost-efficient and competitive green hydrogen to multiple end markets. The parties expect the JV will develop, operate, and maintain green hydrogen projects, serving the growing demand in the Iberian Peninsula. The new company also plans to provide storage, transportation, and delivery services to its customers, initially targeting the industrial and the mobility business segments. The goal is to reach a 20% market share of the green hydrogen business in Spain and Portugal by 2030, which will entail an initially planned investment of over €2 billion. Plug Power will serve as the preferred supplier of electrolyzer technology to the JV, with ACCIONA as the preferred clean electricity provider. The JV will also use ACCIONA’s GreenH2Chain® blockchain platform to provide guarantees of renewable origin for the hydrogen supplied. ACCIONA and Plug Power have complementary strengths to create the leading green hydrogen platform in the Iberia Peninsula. The joint venture company is subject to definitive documentation and is expected to be launched by the end of the first half of 2021. The initial projects to be selected are already under development. The joint venture combines Plug Power’s technology and ACCIONA’s status as the largest 100% renewable power retailer in Spain.
お知らせ • Feb 12Acciona, S.A. to Report Fiscal Year 2020 Results on Feb 18, 2021Acciona, S.A. announced that they will report fiscal year 2020 results After-Market on Feb 18, 2021
Is New 90 Day High Low • Jan 27New 90-day high: €133The company is up 47% from its price of €90.30 on 28 October 2020. The Austrian market is up 37% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €122 per share.
お知らせ • Jan 22Stoa Sa acquired 12.3% stake in Concessionaria Linha Universidade S.A from Acciona, S.A. (BME:ANA).Stoa Sa acquired 12.3% stake in Concessionaria Linha Universidade S.A from Acciona, S.A. (BME:ANA) on January 20, 2021. Stoa Sa has committed an equity investment in Concessionaria Linha Universidade of BRL 317 million which will be deployed during the construction period. Stoa Sa completed the acqusition of 12.3% stake in Concessionaria Linha Universidade S.A from Acciona, S.A. (BME:ANA) on January 20, 2021.
Is New 90 Day High Low • Jan 06New 90-day high: €119The company is up 22% from its price of €97.50 on 08 October 2020. The Austrian market is up 27% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electric Utilities industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €103 per share.
Is New 90 Day High Low • Dec 16New 90-day high: €114The company is up 12% from its price of €102 on 17 September 2020. The Austrian market is up 18% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Electric Utilities industry, which is also up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €54.08 per share.
お知らせ • Dec 01Meridiam Infra Invest Fund, Meridiam Infrastructure Finance S.a.r.l. and BESTINVER S.A. entered into an agreement to acquire eight concession assets in Spain from Acciona, S.A. (BME:ANA) for approximately €480 million.Meridiam Infra Invest Fund, Meridiam Infrastructure Finance S.a.r.l. and BESTINVER S.A. entered into an agreement to acquire stake in eight concession assets in Spain from Acciona, S.A. (BME:ANA) for approximately €480 million on November 30, 2020. The consideration includes €357 million as purchase price and €127 million of debt related to assets. Meridiam will pay €312 million for the leading stakes and BESTINVER will pay €45 million and will take minority stakes in the CM-42 Highway and in two of the hospitals. A partial payment of €234 million will be made before the end of 2020. The transaction is subject to various authorizations and is expected to close in first half of 2021. Crédit Agricole Corporate and Investment Bank has acted as sole financial advisor to Acciona in the transaction.
Is New 90 Day High Low • Nov 26New 90-day high: €104The company is up 3.0% from its price of €101 on 27 August 2020. The Austrian market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €44.29 per share.
Analyst Estimate Surprise Post Earnings • Nov 10Revenue misses expectationsRevenue missed analyst estimates by 1.2%. Over the next year, revenue is forecast to stay flat compared to a 18% growth forecast for the Electric Utilities industry in Austria.
Is New 90 Day High Low • Oct 29New 90-day low: €90.30The company is down 5.0% from its price of €95.25 on 30 July 2020. The Austrian market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €324 per share.
お知らせ • Sep 29Acciona, S.A. (BME:ANA) acquired 240 MW AC and 315 MW DC photovoltaic (PV) project in Texas from Diode Ventures, LLCAcciona, S.A. (BME:ANA) acquired 240 MW AC and 315 MW DC photovoltaic (PV) project in Texas from Diode Ventures, LLC on September 28, 2020. With the transaction, ACCIONA extends its footprint in U.S. solar generation as demand for renewable energy grows due to increasing efforts to decarbonize the electric sector. Acciona, S.A. (BME:ANA) completed the acquisition of 240 MW AC and 315 MW DC photovoltaic (PV) project in Texas from Diode Ventures, LLC on September 28, 2020.
お知らせ • Sep 18Accicona S.A. Signs One Year Renewable Power Supply Deal with Madrid Calle 30 SAAcciona S.A. announced that it has signed a one-year contract to supply certified 100% renewable energy power to road manager Madrid Calle 30 SA. Under the terms of the deal, Acciona will deliver 36 GWh of clean energy to power the buyer's energy management system, responsible for the correct operation of its lighting, ventilation, traffic control, security and communications systems. With this contract, Madrid Calle 30 will be able to avoid more than 5,800 tones of carbon dioxide (CO2) emissions per year.