BME:GRN

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Greenalia, S.A., an independent power producer, generates and sells electricity in Spain and rest of Europe, and internationally.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Greenalia's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GRN's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

6.9%

GRN

1.3%

ES Renewable Energy

4.0%

ES Market


1 Year Return

81.0%

GRN

32.3%

ES Renewable Energy

-14.7%

ES Market

Return vs Industry: GRN exceeded the Spanish Renewable Energy industry which returned 32.3% over the past year.

Return vs Market: GRN exceeded the Spanish Market which returned -14.7% over the past year.


Shareholder returns

GRNIndustryMarket
7 Day6.9%1.3%4.0%
30 Day-2.0%3.1%-2.1%
90 Day65.3%21.1%11.0%
1 Year81.0%81.0%35.8%32.3%-11.9%-14.7%
3 Yearn/a78.1%64.5%-19.6%-27.0%
5 Yearn/a119.5%96.1%-11.8%-25.9%

Price Volatility Vs. Market

How volatile is Greenalia's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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


In this section, we usually try to help investors determine whether Greenalia is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Greenalia has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of GRN's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Greenalia regulatory filings.
  • Explore potentially undervalued companies in the Utilities industry.

Future Growth

How is Greenalia forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

12.6%

Forecasted Utilities industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if GRN's forecast earnings growth is above the savings rate (1.3%).

Earnings vs Market: Insufficient data to determine if GRN's earnings are forecast to grow faster than the Spanish market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if GRN's revenue is forecast to grow faster than the Spanish market.

High Growth Revenue: Insufficient data to determine if GRN's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if GRN's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Greenalia performed over the past 5 years?

10.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GRN is currently unprofitable.

Growing Profit Margin: GRN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GRN is unprofitable, but has reduced losses over the past 5 years at a rate of 10.2% per year.

Accelerating Growth: Unable to compare GRN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GRN is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (33.8%).


Return on Equity

High ROE: GRN has a negative Return on Equity (19.7%), as it is currently unprofitable.


Next Steps

Financial Health

How is Greenalia's financial position?


Financial Position Analysis

Short Term Liabilities: GRN's short term assets (€26.9M) do not cover its short term liabilities (€27.6M).

Long Term Liabilities: GRN's short term assets (€26.9M) do not cover its long term liabilities (€189.9M).


Debt to Equity History and Analysis

Debt Level: GRN's debt to equity ratio (63254.1%) is considered high.

Reducing Debt: GRN's debt to equity ratio has increased from 129.5% to 63254.1% over the past 5 years.

Debt Coverage: GRN's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: GRN is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GRN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GRN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GRN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GRN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GRN's dividend in 3 years as they are not forecast to pay a notable one for the Spanish market.


Next Steps

Management

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


CEO

Manuel García Pardo

no data

Tenure

Mr. Manuel García Pardo serves as Chief Executive Officer and Chairman of the Board at Greenalia S.A.


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

Greenalia, S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Greenalia, S.A.
  • Ticker: GRN
  • Exchange: BME
  • Founded: 1996
  • Industry: Renewable Electricity
  • Sector: Utilities
  • Market Cap: €262.600m
  • Shares outstanding: 21.18m
  • Website: https://www.greenalia.es

Number of Employees


Location

  • Greenalia, S.A.
  • Plaza De MarIa Pita No 101
  • Corunna
  • Galicia
  • 15001
  • Spain

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GRNBME (Bolsas y Mercados Espanoles)YesOrdinary SharesESEURDec 2017

Biography

Greenalia, S.A., an independent power producer, generates and sells electricity in Spain and rest of Europe, and internationally. It operates through Wind Power, Photovoltaic, and, Biomass businesses. The ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/15 04:46
End of Day Share Price2020/08/14 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.