Romande Energie Holding
Market Cap
CHF1.3b
Last Updated
2021/04/15 17:11 UTC
Data Sources
Company Financials +
Executive Summary
Romande Energie Holding SA engages in the production, distribution, and sale of electrical and thermal energy in Switzerland. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with proven track record and pays a dividend.
Share Price & News
How has Romande Energie Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HREN is not significantly more volatile than the rest of Swiss stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: HREN's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
0%
HREN
0.3%
CH Electric Utilities
0.5%
CH Market
1 Year Return
23.1%
HREN
36.8%
CH Electric Utilities
21.9%
CH Market
Return vs Industry: HREN underperformed the Swiss Electric Utilities industry which returned 36.8% over the past year.
Return vs Market: HREN exceeded the Swiss Market which returned 21.9% over the past year.
Shareholder returns
| HREN | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 0.3% | 0.5% |
| 30 Day | 2.4% | 4.8% | 3.2% |
| 90 Day | 15.8% | -3.2% | 4.6% |
| 1 Year | 27.3%23.1% | 41.5%36.8% | 25.6%21.9% |
| 3 Year | 19.2%8.5% | 72.4%53.9% | 33.3%17.9% |
| 5 Year | 43.6%23.1% | 105.3%63.0% | 57.6%28.9% |
Long-Term Price Volatility Vs. Market
How volatile is Romande Energie Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Is Romande Energie Holding SA (VTX:HREN) Popular Amongst Institutions?1 month ago | Simply Wall St
Here's What You Should Know About Romande Energie Holding SA's (VTX:HREN) 2.9% Dividend YieldValuation
Is Romande Energie Holding undervalued compared to its fair value and its price relative to the market?
24.99x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HREN (CHF1280) is trading above our estimate of fair value (CHF860.42)
Significantly Below Fair Value: HREN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HREN is poor value based on its PE Ratio (25x) compared to the XE Electric Utilities industry average (13x).
PE vs Market: HREN's PE Ratio (25x) is in line with the Swiss market.
Price to Earnings Growth Ratio
PEG Ratio: HREN is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: HREN is good value based on its PB Ratio (0.7x) compared to the XE Electric Utilities industry average (0.9x).
Future Growth
How is Romande Energie Holding forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
21.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HREN's forecast earnings growth (21.3% per year) is above the savings rate (-0.3%).
Earnings vs Market: HREN's earnings (21.3% per year) are forecast to grow faster than the Swiss market (13.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HREN's revenue (4.1% per year) is forecast to grow slower than the Swiss market (4.6% per year).
High Growth Revenue: HREN's revenue (4.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if HREN's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Romande Energie Holding performed over the past 5 years?
25.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HREN has a large one-off gain of CHF19.0M impacting its June 30 2020 financial results.
Growing Profit Margin: HREN's current net profit margins (8.8%) are higher than last year (5.4%).
Past Earnings Growth Analysis
Earnings Trend: HREN has become profitable over the past 5 years, growing earnings by 25.7% per year.
Accelerating Growth: HREN's earnings growth over the past year (65.2%) exceeds its 5-year average (25.7% per year).
Earnings vs Industry: HREN earnings growth over the past year (65.2%) exceeded the Electric Utilities industry 3.1%.
Return on Equity
High ROE: HREN's Return on Equity (3%) is considered low.
Financial Health
How is Romande Energie Holding's financial position?
Financial Position Analysis
Short Term Liabilities: HREN's short term assets (CHF440.0M) exceed its short term liabilities (CHF197.5M).
Long Term Liabilities: HREN's short term assets (CHF440.0M) exceed its long term liabilities (CHF185.9M).
Debt to Equity History and Analysis
Debt Level: HREN's debt to equity ratio (9.3%) is considered satisfactory.
Reducing Debt: HREN's debt to equity ratio has increased from 7.2% to 9.3% over the past 5 years.
Debt Coverage: HREN's debt is well covered by operating cash flow (89%).
Interest Coverage: HREN's interest payments on its debt are well covered by EBIT (23.8x coverage).
Balance Sheet
Dividend
What is Romande Energie Holding current dividend yield, its reliability and sustainability?
2.81%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HREN's dividend (2.81%) is higher than the bottom 25% of dividend payers in the Swiss market (1.5%).
High Dividend: HREN's dividend (2.81%) is low compared to the top 25% of dividend payers in the Swiss market (3.51%).
Stability and Growth of Payments
Stable Dividend: HREN's dividends per share have been stable in the past 10 years.
Growing Dividend: HREN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (70.3%), HREN's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.3yrs
Average management tenure
CEO
Petit Christian (57 yo)
1.25yrs
Tenure
Mr. Petit Christian serves as Chief Executive Officer and Member of Executive Board at Romande Energie Holding SA. since January 01, 2020.
Leadership Team
Experienced Management: HREN's management team is considered experienced (2.3 years average tenure).
Board Members
Experienced Board: HREN's board of directors are seasoned and experienced ( 10.3 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
Romande Energie Holding SA's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Romande Energie Holding SA
- Ticker: HREN
- Exchange: SWX
- Founded: 1901
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: CHF1.336b
- Shares outstanding: 1.05m
- Website: https://www.romande-energie.ch
Number of Employees
Location
- Romande Energie Holding SA
- Rue de Lausanne 53
- Morges
- Vaud
- 1110
- Switzerland
Listings
Biography
Romande Energie Holding SA engages in the production, distribution, and sale of electrical and thermal energy in Switzerland. The company generates electricity through hydraulic, solar, wind, and biomass p...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/15 17:11 |
| End of Day Share Price | 2021/04/15 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.