| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 5/6 |
ELI Stock Overview
Elia Group SA/NV operates a transmission system for the electricity network, and for the offshore grids in Belgium and internationally.
Elia Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €109.10 |
| 52 Week High | €110.90 |
| 52 Week Low | €83.10 |
| Beta | 0.27 |
| 1 Month Change | 8.13% |
| 3 Month Change | 0.37% |
| 1 Year Change | 16.94% |
| 3 Year Change | 83.36% |
| 5 Year Change | 130.63% |
| Change since IPO | 292.45% |
Recent News & Updates
Is Elia Group (EBR:ELI) Using Too Much Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Elia Group (EBR:ELI) Has No Shortage Of Debt
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Taking A Look At Elia Group SA/NV's (EBR:ELI) ROE
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
Shareholder Returns
| ELI | BE Electric Utilities | BE Market | |
|---|---|---|---|
| 7D | 4.5% | -0.7% | -2.1% |
| 1Y | 16.9% | -1.3% | 9.2% |
Return vs Industry: ELI exceeded the Belgian Electric Utilities industry which returned -1.3% over the past year.
Return vs Market: ELI exceeded the Belgian Market which returned 9.2% over the past year.
Price Volatility
| ELI volatility | |
|---|---|
| ELI Average Weekly Movement | 3.0% |
| Electric Utilities Industry Average Movement | 4.2% |
| Market Average Movement | 3.8% |
| 10% most volatile stocks in BE Market | 6.6% |
| 10% least volatile stocks in BE Market | 2.4% |
Stable Share Price: ELI is not significantly more volatile than the rest of Belgian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ELI's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 2,750 | Chris Peeters | https://www.elia.be |
Elia Group SA/NV operates a transmission system for the electricity network, and for the offshore grids in Belgium and internationally. It provides electricity transmission services; transmits electricity from generators; imports and exports electricity; and offers consultancy and engineering services to the international energy market. The company primarily serves electricity generators, distribution system operators, and industrial consumers.
Elia Group Fundamentals Summary
| ELI fundamental statistics | |
|---|---|
| Market Cap | €7.49b |
| Earnings (TTM) | €250.80m |
| Revenue (TTM) | €2.38b |
29.9x
P/E Ratio3.1x
P/S RatioIs ELI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ELI income statement (TTM) | |
|---|---|
| Revenue | €2.38b |
| Cost of Revenue | €1.28b |
| Gross Profit | €1.10b |
| Expenses | €851.00m |
| Earnings | €250.80m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Feb 23, 2022
| Earnings per share (EPS) | 3.65 |
| Gross Margin | 46.33% |
| Net Profit Margin | 10.55% |
| Debt/Equity Ratio | 173.7% |
How did ELI perform over the long term?
See historical performance and comparisonDividends
1.6%
Current Dividend Yield47%
Payout RatioValuation
Is Elia Group undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ELI (€109.2) is trading below our estimate of fair value (€912.86)
Significantly Below Fair Value: ELI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ELI is poor value based on its PE Ratio (29.9x) compared to the European Electric Utilities industry average (14.3x).
PE vs Market: ELI is poor value based on its PE Ratio (29.9x) compared to the Belgian market (14.8x).
Price to Earnings Growth Ratio
PEG Ratio: ELI is poor value based on its PEG Ratio (3.6x)
Price to Book Ratio
PB vs Industry: ELI is overvalued based on its PB Ratio (1.8x) compared to the XE Electric Utilities industry average (1x).
Future Growth
How is Elia Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
8.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ELI's forecast earnings growth (8.3% per year) is above the savings rate (1.2%).
Earnings vs Market: ELI's earnings (8.3% per year) are forecast to grow slower than the Belgian market (12.6% per year).
High Growth Earnings: ELI's earnings are forecast to grow, but not significantly.
Revenue vs Market: ELI's revenue (5% per year) is forecast to grow slower than the Belgian market (7.7% per year).
High Growth Revenue: ELI's revenue (5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ELI's Return on Equity is forecast to be low in 3 years time (6.4%).
Past Performance
How has Elia Group performed over the past 5 years?
6.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ELI has high quality earnings.
Growing Profit Margin: ELI's current net profit margins (10.5%) are lower than last year (11.3%).
Past Earnings Growth Analysis
Earnings Trend: ELI's earnings have grown by 6.4% per year over the past 5 years.
Accelerating Growth: ELI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ELI had negative earnings growth (-0.6%) over the past year, making it difficult to compare to the Electric Utilities industry average (10.4%).
Return on Equity
High ROE: ELI's Return on Equity (6.8%) is considered low.
Financial Health
How is Elia Group's financial position?
Financial Position Analysis
Short Term Liabilities: ELI's short term assets (€2.8B) do not cover its short term liabilities (€3.1B).
Long Term Liabilities: ELI's short term assets (€2.8B) do not cover its long term liabilities (€8.4B).
Debt to Equity History and Analysis
Debt Level: ELI's net debt to equity ratio (129%) is considered high.
Reducing Debt: ELI's debt to equity ratio has increased from 110.4% to 173.7% over the past 5 years.
Debt Coverage: ELI's debt is well covered by operating cash flow (24%).
Interest Coverage: ELI's interest payments on its debt are well covered by EBIT (4.6x coverage).
Balance Sheet
Dividend
What is Elia Group current dividend yield, its reliability and sustainability?
1.57%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ELI's dividend (1.57%) is higher than the bottom 25% of dividend payers in the Belgian market (1.48%).
High Dividend: ELI's dividend (1.57%) is low compared to the top 25% of dividend payers in the Belgian market (4.7%).
Stability and Growth of Payments
Stable Dividend: ELI's dividends per share have been stable in the past 10 years.
Growing Dividend: ELI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (46.8%), ELI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ELI's dividends in 3 years are forecast to be well covered by earnings (43.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.0yrs
Average management tenure
CEO
Chris Peeters
6.33yrs
Tenure
€182,648
Compensation
Mr. Chris Peeters has been the Chief Executive Officer of Elia Group SA/NV (formerly known as Elia System Operator SA) since July 6, 2015 and also serves as Member of Executive board. Mr. Peeters serves as...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Chris's total compensation is reasonable compared to companies of similar size in the Belgian market.
Compensation vs Earnings: Insufficient data to compare Chris's compensation with company performance.
Leadership Team
Experienced Management: ELI's management team is seasoned and experienced (5 years average tenure).
Board Members
Experienced Board: ELI's board of directors are considered experienced (7.5 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
Elia Group SA/NV's employee growth, exchange listings and data sources
Key Information
- Name: Elia Group SA/NV
- Ticker: ELI
- Exchange: ENXTBR
- Founded: NaN
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: €7.490b
- Shares outstanding: 68.65m
- Website: https://www.elia.be
Number of Employees
Location
- Elia Group SA/NV
- Boulevard de l'Empereur 20
- Brussels
- Brussels
- 1000
- Belgium
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/11/29 23:02 |
| End of Day Share Price | 2021/11/29 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.