Elecnor
Market Cap
€872.2m
Last Updated
2021/07/25 17:50 UTC
Data Sources
Company Financials
Executive Summary
Elecnor, S.A. engages in the infrastructure and concessions businesses in Spain and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet average dividend payer.
Similar Companies
Share Price & News
How has Elecnor's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ENO is not significantly more volatile than the rest of Spanish stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: ENO's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
0%
ENO
0.1%
ES Construction
2.2%
ES Market
1 Year Return
14.7%
ENO
8.1%
ES Construction
17.1%
ES Market
Return vs Industry: ENO exceeded the Spanish Construction industry which returned 8.1% over the past year.
Return vs Market: ENO underperformed the Spanish Market which returned 17% over the past year.
Shareholder returns
| ENO | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 0.1% | 2.2% |
| 30 Day | -5.9% | -4.4% | -4.0% |
| 90 Day | -1.9% | -2.8% | -0.5% |
| 1 Year | 17.7%14.7% | 11.3%8.1% | 22.2%17.1% |
| 3 Year | -10.1%-16.9% | 4.4%-6.2% | 1.2%-8.3% |
| 5 Year | 48.8%32.2% | 31.2%12.1% | 24.1%5.4% |
Long-Term Price Volatility Vs. Market
How volatile is Elecnor's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Elecnor (BME:ENO) Shareholders Have Enjoyed A 47% Share Price Gain2 months ago | Simply Wall St
Returns Are Gaining Momentum At Elecnor (BME:ENO)2 months ago | Simply Wall St
Is Elecnor, S.A. (BME:ENO) The Right Choice For A Smart Dividend Investor?Valuation
Is Elecnor undervalued compared to its fair value and its price relative to the market?
11.04x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ENO (€10.3) is trading above our estimate of fair value (€7.26)
Significantly Below Fair Value: ENO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ENO's PE Ratio (11x) is in line with the Spanish Construction industry average.
PE vs Market: ENO is good value based on its PE Ratio (11x) compared to the Spanish market (22.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ENO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ENO is good value based on its PB Ratio (1.5x) compared to the ES Construction industry average (1.7x).
Future Growth
How is Elecnor forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
42.4%
Forecasted Capital Goods 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 Elecnor 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.
Past Performance
How has Elecnor performed over the past 5 years?
11.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ENO has high quality earnings.
Growing Profit Margin: ENO's current net profit margins (3.1%) are lower than last year (5.1%).
Past Earnings Growth Analysis
Earnings Trend: ENO's earnings have grown by 11.1% per year over the past 5 years.
Accelerating Growth: ENO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ENO had negative earnings growth (-37%) over the past year, making it difficult to compare to the Construction industry average (2.3%).
Return on Equity
High ROE: ENO's Return on Equity (13.9%) is considered low.
Financial Health
How is Elecnor's financial position?
Financial Position Analysis
Short Term Liabilities: ENO's short term assets (€1.6B) exceed its short term liabilities (€1.5B).
Long Term Liabilities: ENO's short term assets (€1.6B) exceed its long term liabilities (€952.2M).
Debt to Equity History and Analysis
Debt Level: ENO's debt to equity ratio (153.3%) is considered high.
Reducing Debt: ENO's debt to equity ratio has reduced from 193.3% to 153.3% over the past 5 years.
Debt Coverage: ENO's debt is well covered by operating cash flow (21.1%).
Interest Coverage: ENO's interest payments on its debt are well covered by EBIT (5.7x coverage).
Balance Sheet
Dividend
What is Elecnor current dividend yield, its reliability and sustainability?
3.22%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ENO's dividend (3.22%) is higher than the bottom 25% of dividend payers in the Spanish market (1.54%).
High Dividend: ENO's dividend (3.22%) is low compared to the top 25% of dividend payers in the Spanish market (4.78%).
Stability and Growth of Payments
Stable Dividend: ENO's dividends per share have been stable in the past 10 years.
Growing Dividend: ENO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.6%), ENO's dividend payments are well 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?
5.3yrs
Average management tenure
CEO
Rafael Martín De Bustamante Vega (63 yo)
10.5yrs
Tenure
€1,926,000
Compensation
Mr. Rafael Martín De Bustamante Vega has been the Chief Executive Officer of Elecnor SA since 2011 and serves as its Executive Director since May 18, 2011.
CEO Compensation Analysis
Compensation vs Market: Rafael's total compensation ($USD2.27M) is above average for companies of similar size in the Spanish market ($USD518.76K).
Compensation vs Earnings: Rafael's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: ENO's management team is seasoned and experienced (5.3 years average tenure).
Board Members
Experienced Board: ENO's board of directors are seasoned and experienced ( 10.2 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
Elecnor, S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Elecnor, S.A.
- Ticker: ENO
- Exchange: BME
- Founded: 1958
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: €872.194m
- Shares outstanding: 84.68m
- Website: https://www.elecnor.com
Number of Employees
Location
- Elecnor, S.A.
- Paseo de la Castellana, 81
- planta 20
- Madrid
- Madrid
- 28046
- Spain
Listings
Biography
Elecnor, S.A. engages in the infrastructure and concessions businesses in Spain and internationally. The company distributes electricity; operates power transport lines and transformation substations; gene...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/07/25 17:50 |
| End of Day Share Price | 2021/07/23 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.