Executive Summary
Endesa, S.A. engages in the generation, distribution, and sale of electricity primarily in Spain and Portugal. More Details
Rewards
Risk Analysis
Snowflake Analysis
Average dividend payer with acceptable track record.
Similar Companies
Share Price & News
How has Endesa's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ELE is less volatile than 75% of Spanish stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ELE's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-1.7%
ELE
0.08%
ES Electric Utilities
0.5%
ES Market
1 Year Return
13.8%
ELE
24.2%
ES Electric Utilities
23.1%
ES Market
Return vs Industry: ELE underperformed the Spanish Electric Utilities industry which returned 24.2% over the past year.
Return vs Market: ELE underperformed the Spanish Market which returned 24.5% over the past year.
Shareholder returns
| ELE | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.7% | 0.08% | 0.5% |
| 30 Day | 2.6% | 6.7% | 0.5% |
| 90 Day | -1.1% | -1.9% | 3.7% |
| 1 Year | 19.9%13.8% | 28.6%24.2% | 27.1%23.1% |
| 3 Year | 38.4%18.2% | 66.6%49.6% | 1.3%-7.7% |
| 5 Year | 63.6%25.0% | 96.1%54.6% | 15.8%-1.7% |
Long-Term Price Volatility Vs. Market
How volatile is Endesa's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Calculating The Fair Value Of Endesa, S.A. (BME:ELE)2 weeks ago | Simply Wall St
Shareholders Of Endesa (BME:ELE) Must Be Happy With Their 78% Return1 month ago | Simply Wall St
Has Endesa (BME:ELE) Got What It Takes To Become A Multi-Bagger?Valuation
Is Endesa undervalued compared to its fair value and its price relative to the market?
16.89x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ELE (€22.24) is trading above our estimate of fair value (€19.64)
Significantly Below Fair Value: ELE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ELE is poor value based on its PE Ratio (16.9x) compared to the XE Electric Utilities industry average (12.9x).
PE vs Market: ELE is good value based on its PE Ratio (16.9x) compared to the Spanish market (23.5x).
Price to Earnings Growth Ratio
PEG Ratio: ELE is poor value based on its PEG Ratio (3x)
Price to Book Ratio
PB vs Industry: ELE is overvalued based on its PB Ratio (3.2x) compared to the ES Electric Utilities industry average (2.3x).
Future Growth
How is Endesa forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
5.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ELE's forecast earnings growth (5.6% per year) is above the savings rate (1.1%).
Earnings vs Market: ELE's earnings (5.6% per year) are forecast to grow slower than the Spanish market (31.5% per year).
High Growth Earnings: ELE's earnings are forecast to grow, but not significantly.
Revenue vs Market: ELE's revenue (6.4% per year) is forecast to grow slower than the Spanish market (8.7% per year).
High Growth Revenue: ELE's revenue (6.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ELE's Return on Equity is forecast to be high in 3 years time (23.1%)
Past Performance
How has Endesa performed over the past 5 years?
-4.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ELE has a large one-off loss of €1.1B impacting its December 31 2020 financial results.
Growing Profit Margin: ELE's current net profit margins (8.4%) are higher than last year (0.9%).
Past Earnings Growth Analysis
Earnings Trend: ELE's earnings have declined by 4.8% per year over the past 5 years.
Accelerating Growth: ELE's earnings growth over the past year (690.8%) exceeds its 5-year average (-4.8% per year).
Earnings vs Industry: ELE earnings growth over the past year (690.8%) exceeded the Electric Utilities industry 3.8%.
Return on Equity
High ROE: ELE's Return on Equity (18.8%) is considered low.
Financial Health
How is Endesa's financial position?
Financial Position Analysis
Short Term Liabilities: ELE's short term assets (€6.2B) do not cover its short term liabilities (€8.6B).
Long Term Liabilities: ELE's short term assets (€6.2B) do not cover its long term liabilities (€16.0B).
Debt to Equity History and Analysis
Debt Level: ELE's debt to equity ratio (87.2%) is considered high.
Reducing Debt: ELE's debt to equity ratio has increased from 45.8% to 87.2% over the past 5 years.
Debt Coverage: ELE's debt is well covered by operating cash flow (45.4%).
Interest Coverage: ELE's interest payments on its debt are well covered by EBIT (22.4x coverage).
Balance Sheet
Dividend
What is Endesa current dividend yield, its reliability and sustainability?
9.05%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: ELE's dividend (9.05%) is higher than the bottom 25% of dividend payers in the Spanish market (1.65%).
High Dividend: ELE's dividend (9.05%) is in the top 25% of dividend payers in the Spanish market (5.22%)
Stability and Growth of Payments
Stable Dividend: ELE's dividend payments have been volatile in the past 10 years.
Growing Dividend: ELE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (152.9%), ELE's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ELE's dividends in 3 years are forecast to be covered by earnings (70.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.3yrs
Average management tenure
CEO
José Damián Bogas Gálvez (65 yo)
6.5yrs
Tenure
€2,070,000
Compensation
Mr. José Damián Bogas Gálvez has been the Chief Executive Officer and Executive Director at Endesa SA since October 07, 2014. Mr. Bogas Gálvez served as General Manager of Spain and Portugal at Endesa SA s...
CEO Compensation Analysis
Compensation vs Market: José Damián's total compensation ($USD2.48M) is about average for companies of similar size in the Spanish market ($USD2.48M).
Compensation vs Earnings: José Damián's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: ELE's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
Experienced Board: ELE's board of directors are considered experienced (6 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
Endesa, S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Endesa, S.A.
- Ticker: ELE
- Exchange: BME
- Founded: 1944
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: €23.546b
- Shares outstanding: 1.06b
- Website: https://www.endesa.com
Number of Employees
Location
- Endesa, S.A.
- Calle Ribera del Loira, 60
- Madrid
- Madrid
- 28042
- Spain
Listings
Biography
Endesa, S.A. engages in the generation, distribution, and sale of electricity primarily in Spain and Portugal. The company generates electricity from various energy sources, such as hydroelectric, nuclear,...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/16 18:36 |
| End of Day Share Price | 2021/04/16 00:00 |
| Earnings | 2020/12/31 |
| 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.