Elia Group
Market Cap
€6.0b
Last Updated
2020/10/18 20:55 UTC
Data Sources
Company Financials +
Executive Summary
Elia Group SA/NV operates a transmission system for the electricity network, and for the offshore grids in Belgium and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Average dividend payer with questionable track record.
Similar Companies
Share Price & News
How has Elia Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ELI has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-2.0%
ELI
1.2%
BE Electric Utilities
-3.6%
BE Market
1 Year Return
14.3%
ELI
14.6%
BE Electric Utilities
-22.6%
BE Market
Return vs Industry: ELI matched the Belgian Electric Utilities industry which returned 14.6% over the past year.
Return vs Market: ELI exceeded the Belgian Market which returned -22.6% over the past year.
Shareholder returns
| ELI | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.0% | 1.2% | -3.6% |
| 30 Day | 2.1% | 6.2% | -2.8% |
| 90 Day | -9.7% | -0.3% | -2.9% |
| 1 Year | 15.6%14.3% | 18.9%14.6% | -21.4%-22.6% |
| 3 Year | 84.9%73.3% | 56.5%38.8% | -27.4%-31.7% |
| 5 Year | 122.6%99.3% | 65.6%29.7% | -18.7%-27.0% |
Price Volatility Vs. Market
How volatile is Elia Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Is Elia Group SA/NV's (EBR:ELI) 1.9% Dividend Worth Your Time?2 weeks ago | Simply Wall St
Shareholders Of Elia Group (EBR:ELI) Must Be Happy With Their 124% Total Return1 month ago | Simply Wall St
Elia Group SA/NV's (EBR:ELI) Risks Elevated At These PricesValuation
Is Elia Group undervalued compared to its fair value and its price relative to the market?
24.27x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ELI (€88) is trading above our estimate of fair value (€30.9)
Significantly Below Fair Value: ELI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ELI is poor value based on its PE Ratio (24.3x) compared to the XE Electric Utilities industry average (11.7x).
PE vs Market: ELI is poor value based on its PE Ratio (24.3x) compared to the Belgian market (14.6x).
Price to Earnings Growth Ratio
PEG Ratio: ELI is poor value based on its PEG Ratio (3.3x)
Price to Book Ratio
PB vs Industry: ELI is overvalued based on its PB Ratio (1.5x) compared to the XE Electric Utilities industry average (0.7x).
Next Steps
Future Growth
How is Elia Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
7.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ELI's forecast earnings growth (7.3% per year) is above the savings rate (1.6%).
Earnings vs Market: ELI's earnings (7.3% per year) are forecast to grow slower than the Belgian market (28.4% per year).
High Growth Earnings: ELI's earnings are forecast to grow, but not significantly.
Revenue vs Market: ELI's revenue (5.1% per year) is forecast to grow slower than the Belgian market (7% per year).
High Growth Revenue: ELI's revenue (5.1% 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 (6.6%).
Next Steps
Past Performance
How has Elia Group performed over the past 5 years?
8.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ELI has a high level of non-cash earnings.
Growing Profit Margin: ELI's current net profit margins (11.2%) are higher than last year (10.7%).
Past Earnings Growth Analysis
Earnings Trend: ELI's earnings have grown by 8.1% 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 (-4.2%) over the past year, making it difficult to compare to the Electric Utilities industry average (-4.3%).
Return on Equity
High ROE: ELI's Return on Equity (7%) is considered low.
Next Steps
Financial Health
How is Elia Group's financial position?
Financial Position Analysis
Short Term Liabilities: ELI's short term assets (€2.4B) do not cover its short term liabilities (€3.0B).
Long Term Liabilities: ELI's short term assets (€2.4B) do not cover its long term liabilities (€7.6B).
Debt to Equity History and Analysis
Debt Level: ELI's debt to equity ratio (173.7%) is considered high.
Reducing Debt: ELI's debt to equity ratio has increased from 119.5% to 173.7% over the past 5 years.
Debt Coverage: ELI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ELI's interest payments on its debt are well covered by EBIT (5.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Elia Group current dividend yield, its reliability and sustainability?
1.92%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ELI's dividend (1.92%) isn’t notable compared to the bottom 25% of dividend payers in the Belgian market (2.14%).
High Dividend: ELI's dividend (1.92%) is low compared to the top 25% of dividend payers in the Belgian market (5.74%).
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 (46.6%), 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 (41.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.6yrs
Average management tenure
CEO
Chris Peeters
5.25yrs
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 it's Chairman. Mr. Peeters serves as the Chief E ...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD0.00) is below average for companies of similar size in the Belgian market ($USD2.14M).
Compensation vs Earnings: Insufficient data to compare Chris's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 5.25yrs | €182.65k | 0.0055% € 330.5k | |
| Chief Financial Officer | 7.08yrs | no data | 0.0021% € 125.1k | |
| Investor Relations Officer | no data | no data | no data | |
| Chief Human Resources & Internal Communication Officer | 3.75yrs | no data | 0.0012% € 73.7k | |
| Chief Infrastructure Officer | no data | no data | 0.0075% € 453.7k | |
| Chief Assets Officer | 4.58yrs | no data | 0.0033% € 199.4k | |
| Chief Community Relations Officer | 6.75yrs | no data | 0.0036% € 216.3k | |
| Chief External Relations Officer | 4.25yrs | no data | 0.00096% € 58.0k | |
| Chief Customers | 3.67yrs | no data | 0.0039% € 233.2k | |
| Head of Innovation | no data | no data | no data | |
| Secretary General | no data | no data | no data |
4.6yrs
Average Tenure
Experienced Management: ELI's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 6.42yrs | no data | no data | |
| Director | 6.42yrs | no data | no data | |
| Vice-Chairman of the Board of Directors | 2.5yrs | no data | no data | |
| Vice-Chairman of the Board of Directors | 2.5yrs | no data | no data | |
| Honorary Chairman | 10.42yrs | €21.91k | no data | |
| Director | 10.42yrs | no data | no data | |
| Independent Director | 4.33yrs | no data | no data | |
| Independent Chairman | 2.83yrs | no data | no data | |
| Advisory Director | no data | no data | no data | |
| Director | 7.67yrs | no data | no data | |
| Independent Director | 6.42yrs | no data | no data | |
| Independent Director | 6.42yrs | no data | no data |
6.4yrs
Average Tenure
64yo
Average Age
Experienced Board: ELI's board of directors are considered experienced (6.4 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 company bio, employee growth, exchange listings and data sources
Key Information
- Name: Elia Group SA/NV
- Ticker: ELI
- Exchange: ENXTBR
- Founded:
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: €6.041b
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ELI | ENXTBR (Euronext Brussels) | Yes | Ordinary Shares | BE | EUR | Jun 2005 |
| E4S | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jun 2005 |
| 0NTU | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Jun 2005 |
| ELIB | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Jun 2005 |
| ELIA.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jun 2005 |
Biography
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 ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/18 20:55 |
| End of Day Share Price | 2020/10/16 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.