SWX:ESUN

Stock Analysis Report

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Executive Summary

Edisun Power Europe AG, together with its subsidiaries, finances and operates photovoltaic systems in Europe.


Snowflake Analysis

Fair value with acceptable track record.

Share Price & News

How has Edisun Power Europe's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ESUN has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.9%

ESUN

1.8%

CH Renewable Energy

0.8%

CH Market


1 Year Return

-28.5%

ESUN

29.2%

CH Renewable Energy

2.3%

CH Market

Return vs Industry: ESUN underperformed the Swiss Renewable Energy industry which returned 27.1% over the past year.

Return vs Market: ESUN underperformed the Swiss Market which returned 2.3% over the past year.


Shareholder returns

ESUNIndustryMarket
7 Day0.9%1.8%0.8%
30 Day5.6%1.5%-0.8%
90 Day8.1%19.9%3.6%
1 Year-25.5%-28.5%32.8%29.2%5.9%2.3%
3 Year175.8%126.0%81.3%67.5%20.5%8.0%
5 Year283.5%214.3%107.6%85.4%26.5%6.6%

Price Volatility Vs. Market

How volatile is Edisun Power Europe's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Edisun Power Europe undervalued compared to its fair value and its price relative to the market?

18.95x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ESUN (CHF113) is trading above our estimate of fair value (CHF22.88)

Significantly Below Fair Value: ESUN is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ESUN is good value based on its PE Ratio (18.9x) compared to the XE Renewable Energy industry average (25.8x).

PE vs Market: ESUN is good value based on its PE Ratio (18.9x) compared to the Swiss market (20.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ESUN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ESUN is good value based on its PB Ratio (1.5x) compared to the XE Renewable Energy industry average (1.6x).


Next Steps

Future Growth

How is Edisun Power Europe forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.3%

Forecasted Utilities industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Edisun Power Europe has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Edisun Power Europe performed over the past 5 years?

40.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ESUN has high quality earnings.

Growing Profit Margin: ESUN's current net profit margins (26.5%) are higher than last year (22.1%).


Past Earnings Growth Analysis

Earnings Trend: ESUN's earnings have grown significantly by 40% per year over the past 5 years.

Accelerating Growth: ESUN's earnings growth over the past year (18.4%) is below its 5-year average (40% per year).

Earnings vs Industry: ESUN earnings growth over the past year (18.4%) underperformed the Renewable Energy industry 38.7%.


Return on Equity

High ROE: ESUN's Return on Equity (4.5%) is considered low.


Next Steps

Financial Health

How is Edisun Power Europe's financial position?


Financial Position Analysis

Short Term Liabilities: ESUN's short term assets (CHF36.7M) exceed its short term liabilities (CHF9.2M).

Long Term Liabilities: ESUN's short term assets (CHF36.7M) do not cover its long term liabilities (CHF86.6M).


Debt to Equity History and Analysis

Debt Level: ESUN's debt to equity ratio (111.4%) is considered high.

Reducing Debt: ESUN's debt to equity ratio has reduced from 356.9% to 111.4% over the past 5 years.

Debt Coverage: ESUN's debt is not well covered by operating cash flow (8.1%).

Interest Coverage: ESUN's interest payments on its debt are well covered by EBIT (3.1x coverage).


Balance Sheet


Next Steps

Dividend

What is Edisun Power Europe current dividend yield, its reliability and sustainability?

0.97%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ESUN's dividend (0.97%) isn’t notable compared to the bottom 25% of dividend payers in the Swiss market (1.82%).

High Dividend: ESUN's dividend (0.97%) is low compared to the top 25% of dividend payers in the Swiss market (3.92%).


Stability and Growth of Payments

Stable Dividend: ESUN is not paying a notable dividend for the Swiss market, therefore no need to check if payments are stable.

Growing Dividend: ESUN is not paying a notable dividend for the Swiss market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: ESUN is not paying a notable dividend for the Swiss market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ESUN's dividend in 3 years as they are not forecast to pay a notable one for the Swiss market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average board tenure


CEO

Rainer Isenrich (60 yo)

8.42yrs

Tenure

CHF362,844

Compensation

Mr. Rainer Isenrich has been the Chief Executive Officer and Member of Management Board at Edisun Power Europe AG since March 1, 2012. Mr. Isenrich served as the Chief Executive Officer of Infranor Divisio ...


CEO Compensation Analysis

Compensation vs Market: Rainer's total compensation ($USD397.52K) is about average for companies of similar size in the Swiss market ($USD516.06K).

Compensation vs Earnings: Rainer's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Rainer Isenrich
Chairman8.42yrsCHF362.84k0.39%
CHF 452.0k
Fulvio Micheletti
Independent Vice Chairman of the Board0.58yrCHF26.86k0.34%
CHF 398.4k
Reto Klotz
Member of the Board of Directors2.25yrsCHF25.52k0.40%
CHF 474.0k
José Luis López
Director1.25yrsCHF14.58kno data

1.8yrs

Average Tenure

61.5yo

Average Age

Experienced Board: ESUN's board of directors are not considered experienced ( 1.8 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 been substantially diluted in the past year, with total shares outstanding growing by 102.2%.


Top Shareholders

Company Information

Edisun Power Europe AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Edisun Power Europe AG
  • Ticker: ESUN
  • Exchange: SWX
  • Founded: 1997
  • Industry: Renewable Electricity
  • Sector: Utilities
  • Market Cap: CHF117.048m
  • Shares outstanding: 1.04m
  • Website: https://www.edisunpower.com

Location

  • Edisun Power Europe AG
  • UniversitAetstrasse 51
  • Zurich
  • Zurich
  • 8006
  • Switzerland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ESUNSWX (SIX Swiss Exchange)YesOrdinary SharesCHCHFSep 2008
0QQTLSE (London Stock Exchange)YesOrdinary SharesGBCHFSep 2008

Biography

Edisun Power Europe AG, together with its subsidiaries, finances and operates photovoltaic systems in Europe. It also sells solar energy to local electricity companies. As of March 26, 2020, the company ow ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/07 21:07
End of Day Share Price2020/08/07 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.