Endesa, S.A. engages in the generation, distribution, and sale of electricity primarily in Spain and Portugal.
+ 1 more risk
High growth potential and slightly overvalued.
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's share price has been volatile over the past 3 months.
7 Day Return
ES Electric Utilities
1 Year Return
ES Electric Utilities
Return vs Industry: ELE underperformed the Spanish Electric Utilities industry which returned -0.5% over the past year.
Return vs Market: ELE exceeded the Spanish Market which returned -25.5% over the past year.
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
3 days ago | Simply Wall StWhy Endesa, S.A.’s (BME:ELE) Return On Capital Employed Is Impressive
2 weeks ago | Simply Wall StHow Much Did Endesa, S.A.'s (BME:ELE) CEO Pocket Last Year?
4 weeks ago | Simply Wall StFactors Income Investors Should Consider Before Adding Endesa, S.A. (BME:ELE) To Their Portfolio
Is Endesa undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ELE (€18.88) is trading below our estimate of fair value (€37.93)
Significantly Below Fair Value: ELE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ELE is poor value based on its PE Ratio (116.9x) compared to the Electric Utilities industry average (10.4x).
PE vs Market: ELE is poor value based on its PE Ratio (116.9x) compared to the Spanish market (14x).
Price to Earnings Growth Ratio
PEG Ratio: ELE is poor value based on its PEG Ratio (5x)
Price to Book Ratio
PB vs Industry: ELE is overvalued based on its PB Ratio (2.6x) compared to the ES Electric Utilities industry average (1.5x).
How is Endesa forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ELE's forecast earnings growth (23.6% per year) is above the savings rate (0.4%).
Earnings vs Market: ELE's earnings (23.6% per year) are forecast to grow faster than the Spanish market (10.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ELE's revenue (4.7% per year) is forecast to grow faster than the Spanish market (3.9% per year).
High Growth Revenue: ELE's revenue (4.7% 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 (20.4%)
How has Endesa performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ELE has a large one-off loss of €1.8B impacting its December 31 2019 financial results.
Growing Profit Margin: ELE's current net profit margins (0.9%) are lower than last year (7.2%).
Past Earnings Growth Analysis
Earnings Trend: ELE's earnings have grown by 5.1% per year over the past 5 years.
Accelerating Growth: ELE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ELE had negative earnings growth (-87.9%) over the past year, making it difficult to compare to the Electric Utilities industry average (9.7%).
Return on Equity
High ROE: ELE's Return on Equity (2.3%) is considered low.
How is Endesa's financial position?
Financial Position Analysis
Short Term Liabilities: ELE's short term assets (€6.1B) do not cover its short term liabilities (€8.5B).
Long Term Liabilities: ELE's short term assets (€6.1B) do not cover its long term liabilities (€15.7B).
Debt to Equity History and Analysis
Debt Level: ELE's debt to equity ratio (75.2%) is considered high.
Reducing Debt: ELE's debt to equity ratio has increased from 64.4% to 75.2% over the past 5 years.
Debt Coverage: ELE's debt is well covered by operating cash flow (53.9%).
Interest Coverage: ELE's interest payments on its debt are well covered by EBIT (15.7x coverage).
What is Endesa's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: ELE's dividend (7.81%) is higher than the bottom 25% of dividend payers in the Spanish market (3.03%).
High Dividend: ELE's dividend (7.81%) is low compared to the top 25% of dividend payers in the Spanish market (7.93%).
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 fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (913.3%), 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 (72.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
José Damián Bogas Gálvez (64yo)
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 ($USD2.20M) is below average for companies of similar size in the Spanish market ($USD3.55M).
Compensation vs Earnings: José Damián's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|CEO & Executive Director||5.5yrs||€2.02m||0.00022% €44.0k|
|Independent Director||5yrs||€238.00k||no data|
|Lead Independent Director||no data||€273.00k||0.000030% €6.0k|
|Independent Director||10.83yrs||€236.00k||0.000020% €4.0k|
|Vice Chairman||5.83yrs||no data||no data|
|Director||5.42yrs||no data||no data|
|Chairman of Endesa Chile||no data||no data||no data|
|Independent Director||5yrs||€250.00k||no data|
|Independent Non Executive Chairman of the Board||1yr||no data||no data|
Experienced Board: ELE's board of directors are considered experienced (5.2 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Endesa, S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Endesa, S.A.
- Ticker: ELE
- Exchange: BME
- Founded: 1944
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: €19.984b
- Shares outstanding: 1.06b
- Website: https://www.endesa.com
Number of Employees
- Endesa, S.A.
- Calle Ribera del Loira, 60
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ELEZ.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Feb 1987|
|ELE||BME (Bolsas y Mercados Espanoles)||Yes||Ordinary Shares||ES||EUR||Feb 1987|
|0N9G||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Feb 1987|
|ENA||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Feb 1987|
|ELEE||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Feb 1987|
|ELE-U||ETLX (Eurotlx)||Yes||Ordinary Shares||IT||EUR||Feb 1987|
|ELE||WBAG (Wiener Boerse AG)||Yes||Ordinary Shares||AT||EUR||Feb 1987|
|ELE1 N||BMV (Bolsa Mexicana de Valores)||Yes||Ordinary Shares||MX||MXN||Feb 1987|
|ELEZ.Y||OTCPK (Pink Sheets LLC)||UNSPONSORED ADR||US||USD||Nov 2011|
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, thermal, wind, and solar. As of December 31, 2018, it distributed electricity to approximately 21 million populations covering a total area of 195,487 square kilometers. The company also sells energy, as well as value-added products and services to customers. In addition, it is also involved in the supply of electricity and gas to other European markets, including Germany, France, Belgium, France, and the Netherlands. Its distribution and transmission grids comprise 319.613 kilometers. Further, the company is involved in the management, operation, and administration of nuclear plants; exploitation of coal fields; electricity transmission business; issuance of debt instruments; provision of consultancy and civil engineering services; and development and management real estate properties. The company was formerly known as Empresa Nacional de Electricidad, S.A. and changed its name to Endesa, S.A. in June 1997. Endesa, S.A. was founded in 1944 and is headquartered in Madrid, Spain. Endesa, S.A. is a subsidiary of ENEL Iberia, S.L.U.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/08 20:56|
|End of Day Share Price||2020/04/08 00:00|
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.