Loading...

Acciona

WBAG:ANA
Snowflake Description

Established dividend payer with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ANA
WBAG
€6B
Market Cap
  1. Home
  2. AT
  3. Utilities
Company description

Acciona, S.A., together with its subsidiaries, engages in the infrastructure, renewable energy, and other business in Spain and internationally. The last earnings update was 54 days ago. More info.


Add to Portfolio Compare Print
ANA Share Price and Events
7 Day Returns
1.2%
WBAG:ANA
0.5%
Europe Electric Utilities
0.8%
AT Market
1 Year Returns
48.5%
WBAG:ANA
11.6%
Europe Electric Utilities
-3.7%
AT Market
ANA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Acciona (ANA) 1.2% 4.2% 25.3% 48.5% - -
Europe Electric Utilities 0.5% -1% 2.5% 11.6% 23.8% 0.7%
AT Market 0.8% 6.8% 9.6% -3.7% 45.1% 30.6%
1 Year Return vs Industry and Market
  • ANA outperformed the Electric Utilities industry which returned 11.6% over the past year.
  • ANA outperformed the Market in Austria which returned -3.7% over the past year.
Price Volatility
ANA
Industry
5yr Volatility vs Market

Value

 Is Acciona undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Acciona to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Acciona.

WBAG:ANA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 10 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.1%
Perpetual Growth Rate 10-Year AT Government Bond Rate 0.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for WBAG:ANA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AT Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 8.2%
Electric Utilities Unlevered Beta Simply Wall St/ S&P Global 0.24
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.242 (1 + (1- 25%) (118.24%))
0.636
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.51% + (0.8 * 8.18%)
7.05%

Discounted Cash Flow Calculation for WBAG:ANA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Acciona is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

WBAG:ANA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 7.05%)
2019 -167.48 Est @ -12% -156.44
2020 357.03 Analyst x4 311.52
2021 414.80 Analyst x3 338.09
2022 240.00 Analyst x1 182.73
2023 220.21 Est @ -8.25% 156.61
2024 207.83 Est @ -5.62% 138.07
2025 199.98 Est @ -3.78% 124.10
2026 194.99 Est @ -2.49% 113.03
2027 191.89 Est @ -1.59% 103.90
2028 190.04 Est @ -0.96% 96.12
Present value of next 10 years cash flows €1,407.72
WBAG:ANA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €190.04 × (1 + 0.51%) ÷ (7.05% – 0.51%)
€2,918.85
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €2,918.85 ÷ (1 + 7.05%)10
€1,476.33
WBAG:ANA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €1,407.72 + €1,476.33
€2,884.05
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €2,884.05 / 54.86
€52.57
WBAG:ANA Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in WBAG:ANA represents 0.99902x of BME:ANA
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.99902x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 52.57 x 0.99902
€52.52
Value per share (EUR) From above. €52.52
Current discount Discount to share price of €101.90
= -1 x (€101.90 - €52.52) / €52.52
-94%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Acciona is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Acciona's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Acciona's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
WBAG:ANA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €5.90
BME:ANA Share Price ** BME (2019-04-24) in EUR €102
Europe Electric Utilities Industry PE Ratio Median Figure of 65 Publicly-Listed Electric Utilities Companies 12.2x
Austria Market PE Ratio Median Figure of 52 Publicly-Listed Companies 14.62x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Acciona.

WBAG:ANA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BME:ANA Share Price ÷ EPS (both in EUR)

= 102 ÷ 5.90

17.29x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Acciona is overvalued based on earnings compared to the Europe Electric Utilities industry average.
  • Acciona is overvalued based on earnings compared to the Austria market.
Price based on expected Growth
Does Acciona's expected growth come at a high price?
Raw Data
WBAG:ANA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 17.29x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts
-0.1%per year
Europe Electric Utilities Industry PEG Ratio Median Figure of 31 Publicly-Listed Electric Utilities Companies 0.73x
Austria Market PEG Ratio Median Figure of 32 Publicly-Listed Companies 1.21x

*Line of best fit is calculated by linear regression .

WBAG:ANA PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 17.29x ÷ -0.1%

-138.64x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Acciona earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Acciona's assets?
Raw Data
WBAG:ANA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €60.51
BME:ANA Share Price * BME (2019-04-24) in EUR €102
Europe Electric Utilities Industry PB Ratio Median Figure of 74 Publicly-Listed Electric Utilities Companies 0.95x
Austria Market PB Ratio Median Figure of 60 Publicly-Listed Companies 1.26x
WBAG:ANA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BME:ANA Share Price ÷ Book Value per Share (both in EUR)

= 102 ÷ 60.51

1.69x

* Primary Listing of Acciona.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Acciona is overvalued based on assets compared to the Europe Electric Utilities industry average.
X
Value checks
We assess Acciona's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electric Utilities industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electric Utilities industry average (and greater than 0)? (1 check)
  5. Acciona has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Acciona expected to perform in the next 1 to 3 years based on estimates from 10 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-0.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Acciona expected to grow at an attractive rate?
  • Acciona's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Acciona's earnings are expected to decrease over the next 1-3 years, this is below the Austria market average.
  • Acciona's revenues are expected to decrease over the next 1-3 years, this is below the Austria market average.
Annual Growth Rates Comparison
Raw Data
WBAG:ANA Future Growth Rates Data Sources
Data Point Source Value (per year)
WBAG:ANA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts -0.1%
WBAG:ANA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 10 Analysts -3.6%
Europe Electric Utilities Industry Earnings Growth Rate Market Cap Weighted Average 10.1%
Europe Electric Utilities Industry Revenue Growth Rate Market Cap Weighted Average 3.4%
Austria Market Earnings Growth Rate Market Cap Weighted Average 9.4%
Austria Market Revenue Growth Rate Market Cap Weighted Average 2.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
WBAG:ANA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
WBAG:ANA Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31
2022-12-31 6,426 1,264 278 1
2021-12-31 7,295 1,205 349 5
2020-12-31 7,239 1,048 297 10
2019-12-31 7,066 1,005 290 10
WBAG:ANA Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 7,971 636 328
2018-09-30 7,950 752 210
2018-06-30 8,007 625 326
2018-03-31 7,936 482 221
2017-12-31 7,867 491 220
2017-09-30 7,445 467 236
2017-06-30 7,062 600 -164
2017-03-31 6,717 763 363
2016-12-31 6,532 823 352
2016-09-30 6,438 389
2016-06-30 6,459 639 701
2016-03-31 6,741 214

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Acciona's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Acciona's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
WBAG:ANA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below

All data from Acciona Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

WBAG:ANA Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31 5.11 5.11 5.11 1.00
2021-12-31 5.85 6.96 4.65 4.00
2020-12-31 5.33 6.87 3.97 9.00
2019-12-31 5.19 6.41 4.33 6.00
WBAG:ANA Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 5.90
2018-09-30 3.84
2018-06-30 5.73
2018-03-31 3.88
2017-12-31 3.85
2017-09-30 4.13
2017-06-30 -2.87
2017-03-31 6.36
2016-12-31 6.17
2016-09-30 6.83
2016-06-30 12.34
2016-03-31 3.76

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Acciona is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Acciona's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Acciona has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Acciona performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Acciona's growth in the last year to its industry (Electric Utilities).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Acciona has delivered over 20% year on year earnings growth in the past 5 years.
  • Acciona's 1-year earnings growth is less than its 5-year average (49% vs 65.8%)
  • Acciona's earnings growth has exceeded the Europe Electric Utilities industry average in the past year (49% vs -2.7%).
Earnings and Revenue History
Acciona's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Acciona Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

WBAG:ANA Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 7,971.46 328.03 1,486.32
2018-09-30 7,950.32 210.13 1,545.03
2018-06-30 8,007.09 325.78 1,545.87
2018-03-31 7,936.32 221.13 1,543.03
2017-12-31 7,867.32 220.13 1,497.03
2017-09-30 7,445.12 235.98 1,463.56
2017-06-30 7,061.53 -164.20 1,409.80
2017-03-31 6,717.12 362.98 1,352.56
2016-12-31 6,532.12 351.98 1,319.56
2016-09-30 6,437.95 389.32 1,277.25
2016-06-30 6,458.54 700.69 1,262.10
2016-03-31 6,740.95 214.32 1,266.25
2015-12-31 6,790.95 207.32 1,254.25
2015-09-30 6,971.48 201.95 1,302.31
2015-06-30 7,133.86 219.47 1,318.01
2015-03-31 6,986.48 193.95 1,317.31
2014-12-31 6,862.48 184.95 1,316.31
2014-09-30 6,658.31 -1,898.37 1,299.44
2014-06-30 6,518.85 -1,951.89 1,302.38
2014-03-31 6,475.31 -1,973.37 1,320.44
2013-12-31 6,599.31 -1,972.37 1,343.44
2013-09-30 6,971.46 150.40 1,352.46
2013-06-30 7,214.30 157.32 1,368.85
2013-03-31 7,437.46 194.40 1,365.46
2012-12-31 7,516.46 189.40 1,352.46
2012-09-30 7,503.29 2.06 1,341.10
2012-06-30 7,403.18 34.34 1,318.57

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Acciona has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Acciona used its assets more efficiently than the Europe Electric Utilities industry average last year based on Return on Assets.
  • Acciona has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Acciona's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electric Utilities industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Acciona has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Acciona's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Acciona's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Acciona's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Acciona's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Acciona's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Acciona Company Filings, last reported 3 months ago.

WBAG:ANA Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 3,495.14 6,616.15 1,762.76
2018-09-30 3,376.00 6,674.00 1,629.00
2018-06-30 3,378.58 6,182.65 1,403.12
2018-03-31 3,557.00 6,867.00 1,493.00
2017-12-31 3,963.27 7,148.04 1,352.13
2017-09-30 4,044.00 7,181.00 1,486.00
2017-06-30 3,922.50 7,007.89 1,420.31
2017-03-31 4,181.00 7,040.00 1,542.00
2016-12-31 4,097.35 7,191.21 1,452.18
2016-09-30 4,098.00 7,261.00 1,836.00
2016-06-30 4,243.60 7,375.47 1,906.39
2016-03-31 3,785.00 7,438.00 2,042.00
2015-12-31 3,754.15 7,480.15 1,851.22
2015-09-30 3,693.00 7,126.00 1,758.00
2015-06-30 3,740.81 7,086.71 1,934.01
2015-03-31 3,726.00 7,271.00 1,891.00
2014-12-31 3,613.49 7,443.93 1,684.72
2014-09-30 3,518.00 7,566.00 1,645.00
2014-06-30 3,468.83 7,379.72 1,531.28
2014-03-31 3,434.00 7,396.00 1,495.00
2013-12-31 3,396.29 7,862.78 1,485.69
2013-09-30 5,494.00 8,985.00 1,612.00
2013-06-30 5,440.11 8,925.78 1,505.60
2013-03-31 5,531.00 9,122.00 1,573.00
2012-12-31 5,508.27 9,654.15 1,547.68
2012-09-30 5,459.00 9,473.00 1,784.00
2012-06-30 5,427.98 9,323.35 1,863.33
  • Acciona's level of debt (189.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (231.3% vs 189.3% today).
  • Debt is not well covered by operating cash flow (9.6%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.9x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Acciona's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Acciona has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Acciona's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.28%
Current annual income from Acciona dividends. Estimated to be 3.47% next year.
If you bought €2,000 of Acciona shares you are expected to receive €66 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Acciona's pays a higher dividend yield than the bottom 25% of dividend payers in Austria (1.48%).
  • Acciona's dividend is below the markets top 25% of dividend payers in Austria (4.65%).
Upcoming dividend payment

Purchase Acciona before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
WBAG:ANA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
Europe Electric Utilities Industry Average Dividend Yield Market Cap Weighted Average of 43 Stocks 4.6%
Austria Market Average Dividend Yield Market Cap Weighted Average of 50 Stocks 3.3%
Austria Minimum Threshold Dividend Yield 10th Percentile 1.1%
Austria Bottom 25% Dividend Yield 25th Percentile 1.5%
Austria Top 25% Dividend Yield 75th Percentile 4.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

WBAG:ANA Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 3.75 1.00
2022-12-31 3.70 2.00
2021-12-31 3.59 7.00
2020-12-31 3.41 12.00
2019-12-31 3.71 4.00
WBAG:ANA Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-03-01 3.350 3.426
2018-02-27 3.000 4.102
2017-05-15 2.875 3.972
2017-03-01 2.875 3.840
2016-05-12 2.500 3.704
2016-03-01 2.500 3.635
2015-05-08 2.000 2.816
2015-02-26 2.000 2.831
2014-11-06 0.000 0.000
2014-07-30 0.000 0.000
2014-05-14 0.000 0.000
2014-04-09 0.000 0.000
2014-04-07 0.000 0.000
2013-05-13 2.650 5.944
2013-03-06 2.650 5.685
2013-02-28 2.650 5.762
2013-01-11 2.874 5.434
2012-05-11 3.000 6.814
2012-02-24 3.000 5.834
2011-03-31 3.100 4.608
2011-02-28 3.100 4.195
2011-01-14 3.010 4.645
2010-05-12 3.010 4.912
2010-02-24 3.010 3.721
2010-01-15 3.010 3.517
2009-12-18 2.920 3.118
2009-05-13 2.920 3.282

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Acciona's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.8x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.7x coverage).
X
Income/ dividend checks
We assess Acciona's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Acciona afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Acciona has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Acciona's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
José Entrecanales Domecq
COMPENSATION €29,000
TENURE AS CEO 15.3 years
CEO Bio

Mr. José Manuel Entrecanales Domecq has been Chairman and Chief Executive Officer of Acciona Mantenimiento de Infraestructuras SA since 2004. Mr. Entrecanales Domecq has been an Executive Chairman and Chief Executive Officer of Acciona, S.A. since 2004. He served as the Chief of International Operations of Enel SpA. He served as Chief Financial Officer of Acciona, S.A. since May 25, 2002 and also served as its President and Managing Director. He serves as Chairman of the Board of Acciona Energy North America Corporation and Acciona Solar Power, Inc. In 1994, he participated in the launch of Airtel, a mobile telecommunications company that later became Vodafone Spain, of which he was President from 2001 to 2007. He serves as Chairman of the Fundación Consejo España EEUU. He served as Chairman of the Instituto de la Empresa Familiar from 2012 to 2014 and serves as its Member of the Board. He is the Chairman of the Trustees and Founder of Fundación para la Innovación en Sostenibilidad José Manuel Entrecanales Foundation. He served as the Chairman of the Board of Vodafone España S.A.U. He serves as Chairman of the ACCIONA Microenergy Foundation. He served as Chairman of Endesa, S.A. from October 2007 to March 23, 2009. Mr. Entrecanales Domecq has been Director of Acciona, S.A. since April 14, 1997. He serves as a Director of Álvaro Domecq S.L. He served as a Director at Banco Gallego, S.A. He served as a Director of Grupo Ezentis SA. Mr. Entrecanales Domecq served as Member of Strategy Commission. He is also a patron of the Princess of Asturias Foundation and the Prado Museum and member of the Casa Ducal de Medinaceli Foundation. He is a Founding Member of the Pro CNIC Foundation.

CEO Compensation
  • José's compensation has been consistent with company performance over the past year.
  • Insufficient data for José to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team Tenure

Average tenure of the Acciona management team in years:

5.6
Average Tenure
  • The average tenure for the Acciona management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

José Entrecanales Domecq

TITLE
Executive Chairman & CEO
COMPENSATION
€29K
TENURE
15.3 yrs

Juan Ignacio Entrecanales Franco

TITLE
Vice Chairman
COMPENSATION
€29K
AGE
53

Jose Angel Santos

TITLE
Group Chief Financial Officer
TENURE
1.3 yrs

Arantza Ezpeleta Puras

TITLE
Chief Technology & Innovation Officer
TENURE
2.5 yrs

Jorge Vega-Penichet López

TITLE
General Counsel & General Secretary
TENURE
13.3 yrs

Vicente Castillo

TITLE
Area General Manager of Compliance

Juan Muro-Lara Girod

TITLE
Chief Strategy & Corporate Development Officer
TENURE
14.3 yrs

Jose Mollinedo Chocano

TITLE
Chief Institutional Relations
TENURE
1.3 yrs

Luis Castilla Cámara

TITLE
Chief Executive Officer of Infrastructure
TENURE
5.3 yrs

Rafael Alcala

TITLE
Chief Executive Officer of Energy
AGE
59
TENURE
6 yrs
Board of Directors Tenure

Average tenure and age of the Acciona board of directors in years:

6.2
Average Tenure
53
Average Age
  • The tenure for the Acciona board of directors is about average.
Board of Directors

Juan Ignacio Entrecanales Franco

TITLE
Vice Chairman
COMPENSATION
€29K
AGE
53
TENURE
15.3 yrs

Juan Garay Ibargaray

TITLE
Lead Independent Director
COMPENSATION
€249K
TENURE
2.5 yrs

José Entrecanales Domecq

TITLE
Executive Chairman & CEO
COMPENSATION
€29K
TENURE
15.3 yrs

Belén Villalonga Morenés

TITLE
Director
COMPENSATION
€86K
AGE
50
TENURE
12.5 yrs

Daniel Entrecanales Domecq

TITLE
Non-Executive Proprietary Director
COMPENSATION
€154K
TENURE
10 yrs

Javier Ignacio Franco

TITLE
Non-Executive Proprietary Director
COMPENSATION
€149K
TENURE
7.6 yrs

Jerónimo Marcos Gerard Rivero

TITLE
Independent Director
COMPENSATION
€117K
TENURE
4.8 yrs

Ana de Vicuña Bemberg

TITLE
Independent Director
COMPENSATION
€145K
AGE
56
TENURE
3.8 yrs

Karen Christiana Olsen

TITLE
Independent Director
COMPENSATION
€126K
TENURE
1.9 yrs

Javier Sendagorta Gómez Campillo

TITLE
Independent Director
COMPENSATION
€89K
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
28. Dec 18 Buy José Entrecanales Domecq Individual 21. Dec 18 21. Dec 18 5,422 €76.64 €415,542
28. Dec 18 Buy Juan Ignacio Entrecanales Franco Individual 21. Dec 18 21. Dec 18 3,253 €76.64 €249,310
20. Jun 18 Buy Javier Gomez Pondrillo Individual 19. Jun 18 19. Jun 18 1,430 €70.64 €101,015
X
Management checks
We assess Acciona's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Acciona has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Acciona, S.A., together with its subsidiaries, engages in the infrastructure, renewable energy, and other business in Spain and internationally. The company develops, constructs, operates, and maintains wind, solar photovoltaic, solar thermal, hydro, and biomass plants; and engages in the storage, regasification, treatment, transport, and distribution of natural gas, as well as undertakes storage and refining, petrochemical, and fertilizer projects. It also engages in the construction, engineering, maintenance, and management of public work concessions primarily in the field of transport and social infrastructures, including bridges, roads, and special structures; railroads and tunnels; and hospital and university projects, irrigation, and ports and hydro projects, as well as projects in engineering, concessions, and other businesses. In addition, the company designs, constructs, and operates drinking water treatment plants, desalination facilities, wastewater treatment plants, and tertiary treatment plants for water reuse; and offers service management services, which include water treatment, delivering it to inhabitants, treating urban and industrial wastewater, and billing end-users, as well as undertakes industrial projects. Further, it provides facility, airport handling, waste collection and management, logistics, technical, energy, forwarding, rail, urban and environmental maintenance, healthcare, smart city, and event and museum services. Additionally, the company engages in the financial, fund management, real estate, stock broking, wine production, and other businesses. Acciona, S.A. is headquartered in Alcobendas, Spain.

Details
Name: Acciona, S.A.
ANA
Exchange: WBAG
Founded:
€5,595,378,606
54,856,653
Website: http://www.acciona.com
Address: Acciona, S.A.
Avenida de Europa 18,
Parque Empresarial La Moraleja,
Alcobendas,
Madrid, 28108,
Spain
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BME ANA Ordinary Shares Bolsas y Mercados Espanoles ES EUR 02. Jan 1992
OTCPK ACXI.F Ordinary Shares Pink Sheets LLC US USD 02. Jan 1992
DB AJ3 Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
LSE 0H4K Ordinary Shares London Stock Exchange GB EUR 02. Jan 1992
WBAG ANA Ordinary Shares Wiener Boerse AG AT EUR 02. Jan 1992
BATS-CHIXE ANAE Ordinary Shares BATS 'Chi-X Europe' GB EUR 02. Jan 1992
Number of employees
Current staff
Staff numbers
38,544
Acciona employees.
Industry
Electric Utilities
Utilities
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 22:38
End of day share price update: 2019/04/24 00:00
Last estimates confirmation: 2019/04/16
Last earnings filing: 2019/03/01
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.