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REP

RepsolBME:REP Stock Report

Market Cap

€15.9b

7D

6.5%

1Y

81.5%

Updated

23 Sep, 2021

Data

Company Financials +
REP fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance2/6
Financial Health5/6
Dividends3/6

REP Overview

Repsol, S.A. operates as an integrated energy company worldwide.

Repsol Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Repsol
Historical stock prices
Current Share Price€10.69
52 Week High€5.04
52 Week Low€11.55
Beta1.55
1 Month Change9.96%
3 Month Change-3.35%
1 Year Change81.46%
3 Year Change-37.86%
5 Year Change-11.71%
Change since IPO76.39%

Recent News & Updates

Sep 03
Is Repsol, S.A. (BME:REP) Worth €9.7 Based On Its Intrinsic Value?

Is Repsol, S.A. (BME:REP) Worth €9.7 Based On Its Intrinsic Value?

In this article we are going to estimate the intrinsic value of Repsol, S.A. ( BME:REP ) by projecting its future cash...

Aug 08
Upgrade: Analysts Just Made An Incredible Increase To Their Repsol, S.A. (BME:REP) Forecasts

Upgrade: Analysts Just Made An Incredible Increase To Their Repsol, S.A. (BME:REP) Forecasts

Repsol, S.A. ( BME:REP ) shareholders will have a reason to smile today, with the analysts making substantial upgrades...

Jul 05
Analysts Are Betting On Repsol, S.A. (BME:REP) With A Big Upgrade This Week

Analysts Are Betting On Repsol, S.A. (BME:REP) With A Big Upgrade This Week

Repsol, S.A. ( BME:REP ) shareholders will have a reason to smile today, with the analysts making substantial upgrades...

Jun 12
These Analysts Think Repsol, S.A.'s (BME:REP) Sales Are Under Threat

These Analysts Think Repsol, S.A.'s (BME:REP) Sales Are Under Threat

Market forces rained on the parade of Repsol, S.A. ( BME:REP ) shareholders today, when the analysts downgraded their...

Shareholder Returns

REPES Oil and GasES Market
7D6.5%2.1%1.5%
1Y81.5%50.1%27.9%

Return vs Industry: REP exceeded the Spanish Oil and Gas industry which returned 46.6% over the past year.

Return vs Market: REP exceeded the Spanish Market which returned 26.5% over the past year.

Price Volatility

Is REP's price volatile compared to industry and market?
REP volatility
REP Beta1.55
Industry Beta0.98
Market Beta1

Stable Share Price: REP is not significantly more volatile than the rest of Spanish stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: REP's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
192721,965Josu Jon Imaz San Miguelhttps://www.repsol.com

Repsol, S.A. operates as an integrated energy company worldwide. Its Exploration and Production segment engages in the exploration, development, and production of crude oil and natural gas reserves. The company’s Industrial segment is involved in refining and petrochemicals; trading and transportation of crude oil and oil products; and the sale, transportation, and regasification of natural gas and liquefied natural gas (LNG).

Repsol Fundamentals Summary

How do Repsol's earnings and revenue compare to its market cap?
REP fundamental statistics
Market Cap€15.89b
Earnings (TTM)€367.00m
Revenue (TTM)€32.48b

43.3x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
REP income statement (TTM)
Revenue€32.48b
Cost of Revenue€22.83b
Gross Profit€9.65b
Expenses€9.28b
Earnings€367.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.24
Gross Margin29.71%
Net Profit Margin1.13%
Debt/Equity Ratio51.8%

How did REP perform over the long term?

See historical performance and comparison

Dividends

5.6%

Current Dividend Yield

125%

Payout Ratio

Valuation

Is Repsol undervalued compared to its fair value and its price relative to the market?

43.3x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: REP (€10.69) is trading above our estimate of fair value (€7.11)

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


Price To Earnings Ratio

PE vs Industry: REP is poor value based on its PE Ratio (43.3x) compared to the European Oil and Gas industry average (11.4x).

PE vs Market: REP is poor value based on its PE Ratio (43.3x) compared to the Spanish market (22.5x).


Price to Earnings Growth Ratio

PEG Ratio: REP is poor value based on its PEG Ratio (7.5x)


Price to Book Ratio

PB vs Industry: REP is good value based on its PB Ratio (0.8x) compared to the XE Oil and Gas industry average (1.1x).


Future Growth

How is Repsol forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?

5.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: REP's forecast earnings growth (5.8% per year) is above the savings rate (1%).

Earnings vs Market: REP's earnings (5.8% per year) are forecast to grow slower than the Spanish market (16.7% per year).

High Growth Earnings: REP's earnings are forecast to grow, but not significantly.

Revenue vs Market: REP's revenue is expected to decline over the next 3 years (-1.6% per year).

High Growth Revenue: REP's revenue is forecast to decline over the next 3 years (-1.6% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: REP's Return on Equity is forecast to be low in 3 years time (9.2%).


Past Performance

How has Repsol performed over the past 5 years?

-40.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: REP has a large one-off loss of €1.4B impacting its June 30 2021 financial results.

Growing Profit Margin: REP became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: REP has become profitable over the past 5 years, growing earnings by -40.8% per year.

Accelerating Growth: REP has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: REP has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (3.9%).


Return on Equity

High ROE: REP's Return on Equity (2.1%) is considered low.


Financial Health

How is Repsol's financial position?


Financial Position Analysis

Short Term Liabilities: REP's short term assets (€17.6B) exceed its short term liabilities (€14.7B).

Long Term Liabilities: REP's short term assets (€17.6B) exceed its long term liabilities (€14.8B).


Debt to Equity History and Analysis

Debt Level: REP's debt to equity ratio (51.8%) is considered high.

Reducing Debt: REP's debt to equity ratio has reduced from 59.2% to 51.8% over the past 5 years.

Debt Coverage: REP's debt is well covered by operating cash flow (33.7%).

Interest Coverage: REP's interest payments on its debt are well covered by EBIT (7.3x coverage).


Balance Sheet


Dividend

What is Repsol current dividend yield, its reliability and sustainability?

5.61%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: REP's dividend (5.61%) is higher than the bottom 25% of dividend payers in the Spanish market (1.5%).

High Dividend: REP's dividend (5.61%) is in the top 25% of dividend payers in the Spanish market (5.24%)


Stability and Growth of Payments

Stable Dividend: REP's dividend payments have been volatile in the past 10 years.

Growing Dividend: REP's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (125.3%), REP's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: REP's dividends in 3 years are forecast to be well covered by earnings (45.8% payout ratio).


Next Steps

Management

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

5.9yrs

Average management tenure


CEO

Josu Jon Imaz San Miguel (58 yo)

7.42yrs

Tenure

€3,685,188

Compensation

Mr. Josu Jon Imaz San Miguel, Ph D., has been the Chief Executive Officer of Repsol, S.A., since April 30, 2014 and its Executive Director since April 30, 2014. Mr. Imaz San Miguel served as the President...


CEO Compensation Analysis

Compensation vs Market: Josu Jon's total compensation ($USD4.32M) is above average for companies of similar size in the Spanish market ($USD2.84M).

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


Leadership Team

Experienced Management: REP's management team is seasoned and experienced (5.9 years average tenure).


Board Members

Experienced Board: REP's board of directors are considered experienced (6.7 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

Repsol, S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Repsol, S.A.
  • Ticker: REP
  • Exchange: BME
  • Founded: 1927
  • Industry: Integrated Oil and Gas
  • Sector: Energy
  • Market Cap: €15.892b
  • Shares outstanding: 1.49b
  • Website: https://www.repsol.com

Number of Employees


Location

  • Repsol, S.A.
  • Repsol Campus
  • C/ Mendez Álvaro, 44
  • Madrid
  • Madrid
  • 28045
  • Spain

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 21:34
End of Day Share Price2021/09/23 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.