Energiedienst Holding
Market Cap
CHF954.8m
Last Updated
2020/05/29 21:25 UTC
Data Sources
Company Financials +
Executive Summary
Energiedienst Holding AG produces, distributes, and sells electricity in Switzerland.
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet with reasonable growth potential.
Share Price & News
How has Energiedienst Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EDHN has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-3.3%
EDHN
5.2%
CH Electric Utilities
1.8%
CH Market
1 Year Return
-5.8%
EDHN
7.9%
CH Electric Utilities
3.5%
CH Market
Return vs Industry: EDHN underperformed the Swiss Electric Utilities industry which returned 7.5% over the past year.
Return vs Market: EDHN underperformed the Swiss Market which returned 2.6% over the past year.
Shareholder returns
| EDHN | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.3% | 5.2% | 1.8% |
| 30 Day | -7.6% | 6.3% | 1.2% |
| 90 Day | -12.9% | -6.8% | 0.3% |
| 1 Year | -3.5%-5.8% | 11.8%7.9% | 6.9%3.5% |
| 3 Year | 20.3%10.2% | 44.9%27.4% | 16.8%4.9% |
| 5 Year | 24.3%4.9% | 44.3%12.7% | 29.3%7.7% |
Price Volatility Vs. Market
How volatile is Energiedienst Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Can You Imagine How Energiedienst Holding's (VTX:EDHN) Shareholders Feel About The 21% Share Price Increase?1 month ago | Simply Wall St
We're Not Counting On Energiedienst Holding (VTX:EDHN) To Sustain Its Statutory Profitability1 month ago | Simply Wall St
Is Energiedienst Holding AG (VTX:EDHN) Struggling With Its 0.1% Return On Capital Employed?Valuation
Is Energiedienst Holding undervalued compared to its fair value and its price relative to the market?
21.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EDHN (CHF29.1) is trading below our estimate of fair value (CHF37.03)
Significantly Below Fair Value: EDHN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EDHN is poor value based on its PE Ratio (88.3x) compared to the Electric Utilities industry average (11.2x).
PE vs Market: EDHN is poor value based on its PE Ratio (88.3x) compared to the Swiss market (19.3x).
Price to Earnings Growth Ratio
PEG Ratio: EDHN is poor value based on its PEG Ratio (2.7x)
Price to Book Ratio
PB vs Industry: EDHN is overvalued based on its PB Ratio (1.3x) compared to the XE Electric Utilities industry average (0.8x).
Next Steps
Future Growth
How is Energiedienst Holding forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
33.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EDHN's forecast earnings growth (33.3% per year) is above the savings rate (-0.2%).
Earnings vs Market: EDHN's earnings (33.3% per year) are forecast to grow faster than the Swiss market (8.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: EDHN's revenue (2.8% per year) is forecast to grow faster than the Swiss market (2.4% per year).
High Growth Revenue: EDHN's revenue (2.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EDHN's Return on Equity is forecast to be low in 3 years time (7.1%).
Next Steps
Past Performance
How has Energiedienst Holding performed over the past 5 years?
-25.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EDHN has a large one-off gain of €2.9M impacting its December 31 2019 financial results.
Growing Profit Margin: EDHN's current net profit margins (1.1%) are lower than last year (1.6%).
Past Earnings Growth Analysis
Earnings Trend: EDHN's earnings have declined by -25.3% per year over the past 5 years.
Accelerating Growth: EDHN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: EDHN had negative earnings growth (-28.7%) over the past year, making it difficult to compare to the Electric Utilities industry average (12%).
Return on Equity
High ROE: EDHN's Return on Equity (1.4%) is considered low.
Next Steps
Financial Health
How is Energiedienst Holding's financial position?
Financial Position Analysis
Short Term Liabilities: EDHN's short term assets (€361.6M) exceed its short term liabilities (€206.9M).
Long Term Liabilities: EDHN's short term assets (€361.6M) do not cover its long term liabilities (€518.1M).
Debt to Equity History and Analysis
Debt Level: EDHN's debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: EDHN's debt to equity ratio has increased from 10.5% to 10.9% over the past 5 years.
Debt Coverage: EDHN's debt is well covered by operating cash flow (57%).
Interest Coverage: EDHN earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Energiedienst Holding's current dividend yield, its reliability and sustainability?
2.57%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EDHN's dividend (2.57%) is higher than the bottom 25% of dividend payers in the Swiss market (1.99%).
High Dividend: EDHN's dividend (2.57%) is low compared to the top 25% of dividend payers in the Swiss market (3.96%).
Stability and Growth of Payments
Stable Dividend: EDHN's dividend payments have been volatile in the past 10 years.
Growing Dividend: EDHN's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (223.5%), EDHN's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: EDHN's dividends in 3 years are forecast to be covered by earnings (59.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
8.3yrs
Average management tenure
CEO
Jörg Reichert (43yo)
1.33yrs
Tenure
Dr. Jörg Reichert serves as Chairman of Executive Board at Energiedienst Holding AG since 2019 and serves as its Member of Executive Board. He is Chief Executive Officer of Energiedienst Holding AG. He hol ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Member of Executive Board | 8.33yrs | €747.12k | no data | |
| President & Chairman | 0.083yr | no data | no data | |
| CEO & Chairman of Executive Board | 1.33yrs | no data | no data | |
| Head of Finance & Human Resources and Member of the Extended Executive Board | 4.83yrs | no data | no data | |
| Head of Innovation & New Business and Member of the Extended Executive Board | 9.42yrs | no data | no data | |
| Head of Service & Production and Member of the Extended Executive Board | 9.42yrs | no data | no data | |
| Head of Sales & Marketing and Member of the Extended Management Board | 9.42yrs | no data | no data | |
| Head of Staff & Member of the Extended Executive Board | 4.83yrs | no data | no data | |
| Member of the Extended Executive Board | no data | no data | no data |
8.3yrs
Average Tenure
52yo
Average Age
Experienced Management: EDHN's management team is seasoned and experienced (8.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & Chairman | 0.083yr | no data | no data | |
| Member of the Advisory Board | no data | €2.16k | no data | |
| President of the Advisory Board | no data | €2.93k | no data | |
| Director | 7.17yrs | €57.08k | no data | |
| Deputy Chairman of the Board of Directors | 0.33yr | €49.15k | no data | |
| Employee Representative Director | 6.33yrs | no data | no data | |
| Member of Advisory Board | no data | €2.93k | no data | |
| Member of the Advisory Board | no data | €2.93k | no data | |
| Member of the Advisory Board | no data | no data | no data | |
| Vice Chairman | 0.083yr | no data | no data |
0.3yrs
Average Tenure
51.5yo
Average Age
Experienced Board: EDHN's board of directors are not considered experienced ( 0.3 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
Energiedienst Holding AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Energiedienst Holding AG
- Ticker: EDHN
- Exchange: SWX
- Founded:
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: CHF954.787m
- Shares outstanding: 33.04m
- Website: https://www.energiedienst.de
Number of Employees
Location
- Energiedienst Holding AG
- Baslerstrasse 44
- Laufenburg
- Aargau
- 5080
- Switzerland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| EDHN | SWX (SIX Swiss Exchange) | Yes | Nominal Shares | CH | CHF | Feb 1993 |
| KWK3 | DB (Deutsche Boerse AG) | Yes | Nominal Shares | DE | EUR | Feb 1993 |
| 0QOH | LSE (London Stock Exchange) | Yes | Nominal Shares | GB | CHF | Feb 1993 |
Biography
Energiedienst Holding AG produces, distributes, and sells electricity in Switzerland. It generates electricity from hydro, gas, sun, and wind sources. The company also provides heat and decentralized production services. It serves approximately 270,000 private and commercial customers. The company is based in Laufenburg, Switzerland. Energiedienst Holding AG is a subsidiary of EnBW Energie Baden-Württemberg AG.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/05/29 21:25 |
| End of Day Share Price | 2020/05/28 00:00 |
| Earnings | 2019/12/31 |
| 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.