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EDN

Empresa Distribuidora y Comercializadora Norte Sociedad AnónimaBASE:EDN Stock Report

Last Price

AR$53.00

Market Cap

AR$46.4b

7D

-0.8%

1Y

98.5%

Updated

18 Jan, 2022

Data

Company Financials +
EDN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance0/6
Financial Health3/6
Dividends0/6

EDN Stock Overview

As of June 30, 2021, Empresa Distribuidora y Comercializadora Norte Sociedad Anónima operates as a subsidiary of Empresa de Energía del Cono Sur S.A..

Price History & Performance

Summary of all time highs, changes and price drops for Empresa Distribuidora y Comercializadora Norte Sociedad Anónima
Historical stock prices
Current Share PriceAR$53.00
52 Week HighAR$78.00
52 Week LowAR$24.10
Beta1.81
1 Month Change-2.30%
3 Month Change-21.48%
1 Year Change98.50%
3 Year Change2.51%
5 Year Change111.16%
Change since IPO1,486.83%

Recent News & Updates

Shareholder Returns

EDNAR Electric UtilitiesAR Market
7D-0.8%1.0%24.0%
1Y98.5%-13.8%88.2%

Return vs Industry: EDN exceeded the AR Electric Utilities industry which returned -14.5% over the past year.

Return vs Market: EDN exceeded the AR Market which returned 53.3% over the past year.

Price Volatility

Is EDN's price volatile compared to industry and market?
EDN volatility
EDN Average Weekly Movement6.9%
Electric Utilities Industry Average Movement4.3%
Market Average Movement5.7%
10% most volatile stocks in AR Market7.7%
10% least volatile stocks in AR Market3.5%

Stable Share Price: EDN is more volatile than 75% of AR stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: EDN's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of AR stocks.

About the Company

FoundedEmployeesCEOWebsite
19924,776Neil Bleasdalehttps://www.edenor.com

As of June 30, 2021, Empresa Distribuidora y Comercializadora Norte Sociedad Anónima operates as a subsidiary of Empresa de Energía del Cono Sur S.A..

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Fundamentals Summary

How do Empresa Distribuidora y Comercializadora Norte Sociedad Anónima's earnings and revenue compare to its market cap?
EDN fundamental statistics
Market CapAR$46.39b
Earnings (TTM)-AR$28.25b
Revenue (TTM)AR$72.07b

0.6x

P/S Ratio

-1.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EDN income statement (TTM)
RevenueAR$72.07b
Cost of RevenueAR$62.55b
Gross ProfitAR$9.52b
ExpensesAR$37.77b
Earnings-AR$28.25b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-32.27
Gross Margin13.21%
Net Profit Margin-39.20%
Debt/Equity Ratio13.8%

How did EDN perform over the long term?

See historical performance and comparison

Valuation

Is Empresa Distribuidora y Comercializadora Norte Sociedad Anónima undervalued compared to its fair value and its price relative to the market?

0.64x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate EDN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate EDN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: EDN is unprofitable, so we can't compare its PE Ratio to the South American Electric Utilities industry average.

PE vs Market: EDN is unprofitable, so we can't compare its PE Ratio to the AR market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate EDN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EDN is good value based on its PB Ratio (0.6x) compared to the XS Electric Utilities industry average (1.1x).


Future Growth

How is Empresa Distribuidora y Comercializadora Norte Sociedad Anónima forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

158.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EDN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (7.5%).

Earnings vs Market: EDN is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: EDN's is expected to become profitable in the next 3 years.

Revenue vs Market: EDN's revenue (29.1% per year) is forecast to grow faster than the AR market (14.4% per year).

High Growth Revenue: EDN's revenue (29.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: EDN's Return on Equity is forecast to be low in 3 years time (18.8%).


Past Performance

How has Empresa Distribuidora y Comercializadora Norte Sociedad Anónima performed over the past 5 years?

-39.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EDN is currently unprofitable.

Growing Profit Margin: EDN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EDN is unprofitable, and losses have increased over the past 5 years at a rate of 39.2% per year.

Accelerating Growth: Unable to compare EDN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EDN is unprofitable, making it difficult to compare its past year earnings growth to the Electric Utilities industry (27.3%).


Return on Equity

High ROE: EDN has a negative Return on Equity (-38.8%), as it is currently unprofitable.


Financial Health

How is Empresa Distribuidora y Comercializadora Norte Sociedad Anónima's financial position?


Financial Position Analysis

Short Term Liabilities: EDN's short term assets (ARS41.2B) do not cover its short term liabilities (ARS73.2B).

Long Term Liabilities: EDN's short term assets (ARS41.2B) do not cover its long term liabilities (ARS70.7B).


Debt to Equity History and Analysis

Debt Level: EDN has more cash than its total debt.

Reducing Debt: EDN had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: EDN's debt is well covered by operating cash flow (84.5%).

Interest Coverage: Insufficient data to determine if EDN's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Empresa Distribuidora y Comercializadora Norte Sociedad Anónima current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate EDN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate EDN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if EDN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EDN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of EDN's dividend in 3 years as they are not forecast to pay a notable one for the AR market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.1yrs

Average management tenure


CEO

Neil Bleasdale

0.75

Tenure

Mr. Neil Arthur Bleasdale serves as Chairman and President of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima since April 27, 2021 and Chief Executive Officer since July 2021. Mr. Bleasdale...


Leadership Team

Experienced Management: EDN's management team is considered experienced (4.1 years average tenure).


Board Members

Experienced Board: EDN's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima's employee growth, exchange listings and data sources


Key Information

  • Name: Empresa Distribuidora y Comercializadora Norte Sociedad Anónima
  • Ticker: EDN
  • Exchange: BASE
  • Founded: 1992
  • Industry: Electric Utilities
  • Sector: Utilities
  • Implied Market Cap: AR$46.392b
  • Shares outstanding: 875.32m
  • Website: https://www.edenor.com

Number of Employees


Location

  • Empresa Distribuidora y Comercializadora Norte Sociedad Anónima
  • Avenida del Libertador 6363
  • 11° floor
  • Buenos Aires
  • Capital Federal
  • C1428ARG
  • Argentina

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/18 01:06
End of Day Share Price2022/01/17 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.