Corporación Acciona Energías Renovables, S.A.

BME:ANE Stock Report

Market Cap: €6.3b

Corporación Acciona Energías Renovables Valuation

Is ANE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ANE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ANE (€19.87) is trading above our estimate of fair value (€6.64)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ANE?

Key metric: As ANE is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ANE. This is calculated by dividing ANE's market cap by their current earnings.
What is ANE's PE Ratio?
PE Ratio35x
Earnings€184.00m
Market Cap€6.32b

Price to Earnings Ratio vs Peers

How does ANE's PE Ratio compare to its peers?

The above table shows the PE ratio for ANE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18x
SLR Solaria Energía y Medio Ambiente
14.3x10.5%€1.1b
OPDE Opdenergy Holding
26.2xn/a€860.5m
ADX Audax Renovables
14.4x8.6%€739.9m
GRE Grenergy Renovables
17.1x27.5%€815.0m
ANE Corporación Acciona Energías Renovables
35x14.5%€6.4b

Price-To-Earnings vs Peers: ANE is expensive based on its Price-To-Earnings Ratio (35x) compared to the peer average (18x).

Price to Earnings Ratio vs Industry

How does ANE's PE Ratio compare vs other companies in the European Renewable Energy Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
ANE 35.0xIndustry Avg. 16.5xNo. of Companies8PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ANE is expensive based on its Price-To-Earnings Ratio (35x) compared to the European Renewable Energy industry average (16.5x).

Price to Earnings Ratio vs Fair Ratio

What is ANE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ANE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio35x
Fair PE Ratio19.8x

Price-To-Earnings vs Fair Ratio: ANE is expensive based on its Price-To-Earnings Ratio (35x) compared to the estimated Fair Price-To-Earnings Ratio (19.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ANE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€19.87
€24.88
+25.2%
12.8%€29.60€18.50n/a23
Nov ’25€19.20
€24.72
+28.7%
13.5%€30.00€18.10n/a23
Oct ’25€20.70
€24.83
+20.0%
13.0%€30.00€18.10n/a24
Sep ’25€20.92
€24.75
+18.3%
13.5%€30.00€18.10n/a24
Aug ’25€19.74
€24.60
+24.6%
14.2%€30.00€18.10n/a24
Jul ’25€19.63
€25.30
+28.9%
14.6%€33.50€19.50n/a24
Jun ’25€21.40
€25.25
+18.0%
16.3%€33.50€19.50n/a24
May ’25€19.06
€25.91
+36.0%
18.4%€34.00€18.90n/a24
Apr ’25€20.18
€26.73
+32.5%
19.1%€34.75€18.90n/a24
Mar ’25€19.79
€29.12
+47.1%
19.5%€41.40€19.00n/a24
Feb ’25€23.72
€31.93
+34.6%
13.7%€41.40€23.00n/a24
Jan ’25€28.08
€33.22
+18.3%
13.9%€41.40€23.00n/a23
Dec ’24€27.26
€33.91
+24.4%
14.9%€45.00€23.00n/a23
Nov ’24€25.52
€33.87
+32.7%
14.8%€45.00€23.00€19.2023
Oct ’24€24.40
€34.43
+41.1%
14.2%€45.00€23.00€20.7023
Sep ’24€26.94
€35.29
+31.0%
14.7%€45.00€23.00€20.9223
Aug ’24€28.30
€37.20
+31.4%
10.8%€45.00€30.60€19.7423
Jul ’24€30.62
€39.02
+27.4%
8.3%€45.00€32.00€19.6323
Jun ’24€31.40
€39.40
+25.5%
7.2%€45.00€35.00€21.4023
May ’24€32.56
€40.14
+23.3%
7.7%€45.00€35.00€19.0622
Apr ’24€35.76
€40.45
+13.1%
7.7%€45.00€35.00€20.1821
Mar ’24€35.68
€41.25
+15.6%
10.3%€54.80€35.00€19.7920
Feb ’24€36.62
€41.45
+13.2%
10.3%€54.80€35.00€23.7220
Jan ’24€36.14
€41.73
+15.5%
9.8%€54.80€36.50€28.0819
Dec ’23€37.94
€42.02
+10.8%
10.0%€54.80€36.50€27.2619
Nov ’23€40.48
€43.26
+6.9%
8.4%€54.80€36.50€25.5218

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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