Executive Summary
EVN AG provides energy and environmental services for private and business customers, and municipalities in Austria, Bulgaria, Macedonia, Croatia, Germany, and Albania. More Details
Rewards
Risk Analysis
No risks detected for EVN from our risk checks.
Snowflake Analysis
Solid track record with excellent balance sheet and pays a dividend.
Similar Companies
Share Price & News
How has EVN's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EVN has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.4%
EVN
-1.5%
AT Electric Utilities
-0.2%
AT Market
1 Year Return
-10.7%
EVN
12.1%
AT Electric Utilities
-24.4%
AT Market
Return vs Industry: EVN underperformed the Austrian Electric Utilities industry which returned 12.1% over the past year.
Return vs Market: EVN exceeded the Austrian Market which returned -24.4% over the past year.
Shareholder returns
| EVN | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.4% | -1.5% | -0.2% |
| 30 Day | 4.0% | 5.2% | 4.1% |
| 90 Day | 1.8% | 0.5% | -0.6% |
| 1 Year | -8.1%-10.7% | 16.4%12.1% | -22.6%-24.4% |
| 3 Year | 18.4%8.3% | 53.8%36.3% | -19.9%-26.9% |
| 5 Year | 71.8%45.3% | 66.6%30.6% | 21.2%4.7% |
Price Volatility Vs. Market
How volatile is EVN's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
EVN (VIE:EVN) Has Compensated Shareholders With A Respectable 64% Return On Their Investment4 weeks ago | Simply Wall St
These 4 Measures Indicate That EVN (VIE:EVN) Is Using Debt Extensively1 month ago | Simply Wall St
Here's Why I Think EVN (VIE:EVN) Is An Interesting StockValuation
Is EVN undervalued compared to its fair value and its price relative to the market?
7.52x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: EVN (€14.56) is trading above our estimate of fair value (€9.13)
Significantly Below Fair Value: EVN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: EVN is good value based on its PE Ratio (7.5x) compared to the XE Electric Utilities industry average (12x).
PE vs Market: EVN is good value based on its PE Ratio (7.5x) compared to the Austrian market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: EVN is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: EVN is good value based on its PB Ratio (0.6x) compared to the XE Electric Utilities industry average (0.8x).
Next Steps
Future Growth
How is EVN forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
5.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EVN's forecast earnings growth (5.3% per year) is above the savings rate (0.5%).
Earnings vs Market: EVN's earnings (5.3% per year) are forecast to grow slower than the Austrian market (26.1% per year).
High Growth Earnings: EVN's earnings are forecast to grow, but not significantly.
Revenue vs Market: EVN's revenue (1.8% per year) is forecast to grow slower than the Austrian market (4.9% per year).
High Growth Revenue: EVN's revenue (1.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EVN's Return on Equity is forecast to be low in 3 years time (5.2%).
Next Steps
Past Performance
How has EVN performed over the past 5 years?
19.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EVN has high quality earnings.
Growing Profit Margin: EVN's current net profit margins (16.3%) are higher than last year (7%).
Past Earnings Growth Analysis
Earnings Trend: EVN has become profitable over the past 5 years, growing earnings by 19.9% per year.
Accelerating Growth: EVN's earnings growth over the past year (128%) exceeds its 5-year average (19.9% per year).
Earnings vs Industry: EVN earnings growth over the past year (128%) exceeded the Electric Utilities industry -5.4%.
Return on Equity
High ROE: EVN's Return on Equity (8.6%) is considered low.
Next Steps
Financial Health
How is EVN's financial position?
Financial Position Analysis
Short Term Liabilities: EVN's short term assets (€894.8M) exceed its short term liabilities (€768.6M).
Long Term Liabilities: EVN's short term assets (€894.8M) do not cover its long term liabilities (€2.7B).
Debt to Equity History and Analysis
Debt Level: EVN's debt to equity ratio (26.9%) is considered satisfactory.
Reducing Debt: EVN's debt to equity ratio has reduced from 64.7% to 26.9% over the past 5 years.
Debt Coverage: EVN's debt is well covered by operating cash flow (34%).
Interest Coverage: EVN earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is EVN current dividend yield, its reliability and sustainability?
3.43%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EVN's dividend (3.43%) is higher than the bottom 25% of dividend payers in the Austrian market (1.43%).
High Dividend: EVN's dividend (3.43%) is low compared to the top 25% of dividend payers in the Austrian market (4.88%).
Stability and Growth of Payments
Stable Dividend: EVN's dividends per share have been stable in the past 10 years.
Growing Dividend: EVN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (24.3%), EVN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: EVN's dividends in 3 years are forecast to be well covered by earnings (31.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.5yrs
Average management tenure
CEO
Stefan Szyszkowitz (56 yo)
no data
Tenure
€651,300
Compensation
Mag. Stefan Szyszkowitz, MBA (EVN) serves as Member of Supervisory Board at VERBUND AG since April 23, 2018. He has been the Chairman of Supervisory Board and Member of Supervisory Board at Burgenland Hold ...
CEO Compensation Analysis
Compensation vs Market: Stefan's total compensation ($USD769.68K) is below average for companies of similar size in the Austrian market ($USD2.12M).
Compensation vs Earnings: Stefan's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CFO & Spokesman of the Executive Board | no data | €651.30k | no data | |
| CTO & Member of Executive Board | 3yrs | €583.60k | no data | |
| Head of Accounting | 7.5yrs | no data | no data | |
| Head of General Administration & Corporate Affairs | no data | no data | no data | |
| Head of Controlling & Investor Relations | no data | no data | no data | |
| Head of Corporate Compliance Management | 8yrs | no data | no data | |
| Head of Information & Communications | no data | no data | no data | |
| Head of Human Resources | no data | no data | no data | |
| Head of Environmental Controlling & Safety | no data | no data | no data | |
| Head of Strategic Business Unit - Energy Procurement & Supply | no data | no data | no data | |
| Chief Information Officer | no data | no data | no data | |
| Head of Administration & Construction | no data | no data | no data |
7.5yrs
Average Tenure
59yo
Average Age
Experienced Management: EVN's management team is seasoned and experienced (7.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| 1st Vice-Chairperson of Supervisory Board | no data | €18.70k | no data | |
| Chairman of Advisory Committee for Environmental and Social Responsibility | no data | no data | no data | |
| Employee Representative of Advisory Committee for Environmental and Social Responsibility | no data | no data | no data | |
| Independent Member of Supervisory Board | 14.75yrs | €13.60k | no data | |
| Independent Member of Supervisory Board | 14.75yrs | €13.10k | no data | |
| Employee Representative Member of Supervisory Board | 13.5yrs | no data | no data | |
| 2nd Independent Vice-Chairperson of Supervisory Board | no data | €18.20k | no data | |
| Employee Representative Member of Supervisory Board | 7.25yrs | no data | no data | |
| Independent Chairwoman of Supervisory Board | no data | €23.70k | no data | |
| Employee Representative Member of Supervisory Board | 4.75yrs | no data | no data | |
| Independent Member of Supervisory Board | 6.75yrs | €13.60k | no data | |
| Independent Member of Supervisory Board | 4.75yrs | €12.60k | no data |
7.3yrs
Average Tenure
60yo
Average Age
Experienced Board: EVN's board of directors are considered experienced (7.3 years average tenure).
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
EVN AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: EVN AG
- Ticker: EVN
- Exchange: WBAG
- Founded: 1922
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: €2.593b
- Shares outstanding: 178.07m
- Website: https://www.evn.at
Number of Employees
Location
- EVN AG
- EVN Platz
- Maria Enzersdorf
- Lower Austria
- 2344
- Austria
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| EVN | DB (Deutsche Boerse AG) | Yes | Bearer Shares | DE | EUR | Jan 1992 |
| EVN | WBAG (Wiener Boerse AG) | Yes | Bearer Shares | AT | EUR | Jan 1992 |
| 0EEI | LSE (London Stock Exchange) | Yes | Bearer Shares | GB | EUR | Jan 1992 |
| EVNV | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Bearer Shares | GB | EUR | Jan 1992 |
| EVN | SWX (SIX Swiss Exchange) | Yes | Bearer Shares | CH | CHF | Jan 1992 |
| EVNV.Y | OTCPK (Pink Sheets LLC) | SPONSORED ADR | US | USD | Sep 1995 |
Biography
EVN AG provides energy and environmental services for private and business customers, and municipalities in Austria, Bulgaria, Macedonia, Croatia, Germany, and Albania. The company operates through Energy, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/26 21:01 |
| End of Day Share Price | 2020/10/23 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/09/30 |
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.