DB:54F

Stock Analysis Report

Audax Renovables

Executive Summary

Audax Renovables, S.A. engages in the generation of electricity through renewable sources in the Americas and Europe.

Snowflake

Fundamentals

Good value with proven track record.

Risks

  • Audax Renovables is not covered by any analysts.

Share Price & News

How has Audax Renovables's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.7%

DB:54F

0.1%

DE Renewable Energy

0.8%

DE Market


1 Year Return

-0.8%

DB:54F

7.2%

DE Renewable Energy

-10.9%

DE Market

54F outperformed the Renewable Energy industry which returned -3.3% over the past year.

54F outperformed the Market in Germany which returned -8.9% over the past year.


Share holder returns

54FIndustryMarket
7 Day-3.7%0.1%0.8%
30 Day7.6%-3.1%-5.0%
90 Day-14.5%11.7%-2.9%
1 Year-0.8%-0.8%11.0%7.2%-8.1%-10.9%
3 Year399.3%399.3%54.5%44.3%10.4%0.9%
5 Year298.9%298.9%44.7%29.4%25.5%8.1%

Price Volatility Vs. Market

How volatile is Audax Renovables's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Audax Renovables undervalued based on future cash flows and its price relative to the stock market?

44%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Audax Renovables's share price is below the future cash flow value, and at a moderate discount (> 20%).

Audax Renovables's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Audax Renovables is good value based on earnings compared to the Europe Renewable Energy industry average.

Audax Renovables is good value based on earnings compared to the Germany market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Audax Renovables, we can't assess if its growth is good value.


Price Based on Value of Assets

Audax Renovables is overvalued based on assets compared to the Europe Renewable Energy industry average.


Next Steps

Future Growth

How is Audax Renovables expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.7%

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 Audax Renovables 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

  • Examine whether Audax Renovables is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • Audax Renovables competitive advantages and company strategy can generally be found in its financial reports archived here.
  • Explore growth companies in the Utilities industry.

Past Performance

How has Audax Renovables performed over the past 5 years?

4.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Audax Renovables's year on year earnings growth rate has been positive over the past 5 years.

Audax Renovables's 1-year earnings growth exceeds its 5-year average (161.6% vs 4.8%)

Audax Renovables's earnings growth has exceeded the Europe Renewable Energy industry average in the past year (161.6% vs 18.1%).


Return on Equity

Audax Renovables has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Audax Renovables used its assets less efficiently than the Europe Renewable Energy industry average last year based on Return on Assets.


Return on Capital Employed

Audax Renovables has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Audax Renovables's financial position?


Financial Position Analysis

Audax Renovables's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Audax Renovables's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Audax Renovables's level of debt (305.4%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (145.7% vs 305.4% today).

Debt is not well covered by operating cash flow (11.9%, less than 20% of total debt).

Interest payments on debt are not well covered by earnings (EBIT is 1.9x annual interest expense, ideally 3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.6x debt.


Next Steps

Dividend

What is Audax Renovables's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Audax Renovables's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Audax Renovables's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Audax Renovables has not reported any payouts.

Unable to verify if Audax Renovables's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Audax Renovables has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Audax Renovables's salary, the management and board of directors tenure and is there insider trading?

2.8yrs

Average board tenure


CEO

Audax Renovables has no CEO, or we have no data on them.


Board Age and Tenure

2.8yrs

Average Tenure

The average tenure for the Audax Renovables board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month insider trading information.


Ownership Breakdown


Management Team

  • Jos Checa

    Communication Director

    • Tenure: 0.0yrs
  • María Blanch García

    Chief Financial Officer and Deputy General Manager

    • Tenure: 8.3yrs
  • Ana Isabel López Porta

    GM & Operations Manager

    • Tenure: 0.0yrs
  • Emilio Martinez

    Executive External Proprietary Director

    • Tenure: 2.8yrs
  • Francisco Elías Navarro

    Chairman

    • Tenure: 2.8yrs
  • Naiara Bueno Aybar

    Secretary

    • Tenure: 2.8yrs
  • Rafael Garcés Beramendi

    Executive External Proprietary Director

    • Tenure: 2.8yrs
  • Eduard Barceló

    Executive External Proprietary Director

    • Tenure: 2.8yrs
  • Ramiro Martínez-Pardo Del Valle

    Executive External Proprietary Director

    • Tenure: 2.8yrs

Board Members

  • Pedro Fernández Pérez

    External Independent Director

    • Tenure: 2.8yrs
  • Josep Echarri Torres

    External Independent Director

    • Tenure: 2.5yrs
  • Emilio Martinez

    Executive External Proprietary Director

    • Tenure: 2.8yrs
  • Francisco Elías Navarro

    Chairman

    • Tenure: 2.8yrs
  • Rafael Garcés Beramendi

    Executive External Proprietary Director

    • Tenure: 2.8yrs
  • Eduard Barceló

    Executive External Proprietary Director

    • Tenure: 2.8yrs
  • Ramiro Martínez-Pardo Del Valle

    Executive External Proprietary Director

    • Tenure: 2.8yrs

Company Information

Audax Renovables, S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Audax Renovables, S.A.
  • Ticker: 54F
  • Exchange: DB
  • Founded: 2000
  • Industry: Renewable Electricity
  • Sector: Utilities
  • Market Cap: €959.834m
  • Shares outstanding: 440.29m
  • Website: https://www.fersa.es

Number of Employees


Location

  • Audax Renovables, S.A.
  • Avenida Navarra, nº 14
  • Badalona
  • Catalonia
  • 8911
  • Spain

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ADXBME (Bolsas y Mercados Espanoles)YesOrdinary SharesESEURDec 2003
0EIBLSE (London Stock Exchange)YesOrdinary SharesGBEURDec 2003
54FDB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2003

Biography

Audax Renovables, S.A. engages in the generation of electricity through renewable sources in the Americas and Europe. The company generates electricity primarily through wind and solar energy. As of Decemb ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/05/10 21:20
End of Day Share Price2019/05/10 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.