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ANE

Corporación Acciona Energías Renovables BME:ANE Stock Report

Last Price

€33.88

Market Cap

€11.2b

7D

-0.4%

1Y

n/a

Updated

15 May, 2022

Data

Company Financials +
ANE fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance5/6
Financial Health3/6
Dividends0/6

ANE Stock Overview

Corporación Acciona Energías Renovables, S.A.

Corporación Acciona Energías Renovables Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Corporación Acciona Energías Renovables
Historical stock prices
Current Share Price€33.88
52 Week High€37.00
52 Week Low€26.00
Beta0
1 Month Change-3.53%
3 Month Change28.68%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO18.09%

Recent News & Updates

Feb 26
Corporación Acciona Energías Renovables, S.A.'s (BME:ANE) Popularity With Investors Is Under Threat From Overpricing

Corporación Acciona Energías Renovables, S.A.'s (BME:ANE) Popularity With Investors Is Under Threat From Overpricing

When close to half the companies in Spain have price-to-earnings ratios (or "P/E's") below 19x, you may consider...

Shareholder Returns

ANEES Renewable EnergyES Market
7D-0.4%-0.2%-0.2%
1Yn/a8.7%-10.0%

Return vs Industry: Insufficient data to determine how ANE performed against the Spanish Renewable Energy industry.

Return vs Market: Insufficient data to determine how ANE performed against the Spanish Market.

Price Volatility

Is ANE's price volatile compared to industry and market?
ANE volatility
ANE Average Weekly Movement5.8%
Renewable Energy Industry Average Movement6.8%
Market Average Movement4.6%
10% most volatile stocks in ES Market8.2%
10% least volatile stocks in ES Market0.9%

Stable Share Price: ANE is not significantly more volatile than the rest of Spanish stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: ANE's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18611,762Rafael Alcalahttps://www.acciona-energia.com

Corporación Acciona Energías Renovables, S.A. develops, owns, and operates renewable energy projects in Spain and internationally. As of March 31, 2021, it operated onshore wind, solar photovoltaic, hydraulic, biomass, and solar thermal projects with a total installed capacity of 11 gigawatts. The company was founded in 1861 and is based in Alcobendas, Spain.

Corporación Acciona Energías Renovables Fundamentals Summary

How do Corporación Acciona Energías Renovables's earnings and revenue compare to its market cap?
ANE fundamental statistics
Market Cap€11.16b
Earnings (TTM)€363.04m
Revenue (TTM)€2.72b

30.7x

P/E Ratio

4.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ANE income statement (TTM)
Revenue€2.72b
Cost of Revenue€1.21b
Gross Profit€1.51b
Other Expenses€1.15b
Earnings€363.04m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.10
Gross Margin55.58%
Net Profit Margin13.35%
Debt/Equity Ratio48.5%

How did ANE perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

25%

Payout Ratio

Valuation

Is Corporación Acciona Energías Renovables undervalued compared to its fair value and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: ANE (€33.88) is trading below our estimate of fair value (€128.31)

Significantly Below Fair Value: ANE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ANE is good value based on its PE Ratio (30.7x) compared to the Spanish Renewable Energy industry average (53.8x).

PE vs Market: ANE is poor value based on its PE Ratio (30.7x) compared to the Spanish market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: ANE is poor value based on its PEG Ratio (4.4x)


Price to Book Ratio

PB vs Industry: ANE is good value based on its PB Ratio (2.2x) compared to the ES Renewable Energy industry average (4x).


Future Growth

How is Corporación Acciona Energías Renovables forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


7.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ANE's forecast earnings growth (7% per year) is above the savings rate (0.9%).

Earnings vs Market: ANE's earnings (7% per year) are forecast to grow slower than the Spanish market (13.3% per year).

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

Revenue vs Market: ANE's revenue (3.9% per year) is forecast to grow slower than the Spanish market (4.2% per year).

High Growth Revenue: ANE's revenue (3.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ANE's Return on Equity is forecast to be low in 3 years time (8.7%).


Past Performance

How has Corporación Acciona Energías Renovables performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


27.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ANE has high quality earnings.

Growing Profit Margin: ANE's current net profit margins (13.4%) are higher than last year (8.8%).


Past Earnings Growth Analysis

Earnings Trend: ANE's earnings have grown significantly by 27.6% per year over the past 5 years.

Accelerating Growth: ANE's earnings growth over the past year (76.6%) exceeds its 5-year average (27.6% per year).

Earnings vs Industry: ANE earnings growth over the past year (76.6%) exceeded the Renewable Energy industry 57.9%.


Return on Equity

High ROE: ANE's Return on Equity (7.3%) is considered low.


Financial Health

How is Corporación Acciona Energías Renovables's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ANE's short term assets (€1.7B) do not cover its short term liabilities (€1.8B).

Long Term Liabilities: ANE's short term assets (€1.7B) do not cover its long term liabilities (€3.5B).


Debt to Equity History and Analysis

Debt Level: ANE's net debt to equity ratio (35.3%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if ANE's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: ANE's debt is well covered by operating cash flow (33.4%).

Interest Coverage: ANE's interest payments on its debt are well covered by EBIT (6.3x coverage).


Balance Sheet


Dividend

What is Corporación Acciona Energías Renovables's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.83%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ANE's dividend (0.83%) isn’t notable compared to the bottom 25% of dividend payers in the Spanish market (1.83%).

High Dividend: ANE's dividend (0.83%) is low compared to the top 25% of dividend payers in the Spanish market (5.45%).


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

Earnings Coverage: ANE is not paying a notable dividend for the Spanish market.


Cash Payout to Shareholders

Cash Flow Coverage: ANE is not paying a notable dividend for the Spanish market.


Next Steps

Management

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


CEO

Rafael Alcala

9.33yrs

Tenure

Mr. Rafael Mateo Alcala is Chief Executive Officer of Corporación Acciona Energías Renovables, S.A. since April 2013 and also serves as its Director. Before joining the ACCIONA Group, Mr. Alcala worked at...


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: ANE only recently listed within the past 12 months.


Top Shareholders

Company Information

Corporación Acciona Energías Renovables, S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Corporación Acciona Energías Renovables, S.A.
  • Ticker: ANE
  • Exchange: BME
  • Founded: 1861
  • Industry: Renewable Electricity
  • Sector: Utilities
  • Implied Market Cap: €11.155b
  • Shares outstanding: 329.25m
  • Website: https://www.acciona-energia.com

Number of Employees


Location

  • Corporación Acciona Energías Renovables, S.A.
  • Avenida de Europa, 18
  • Parque Empresarial La Moraleja
  • Alcobendas
  • Madrid
  • 28108
  • Spain

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/15 00:00
End of Day Share Price2022/05/13 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.