| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
IBE Overview
Iberdrola, S.A. engages in the generation, transmission, distribution, and supply of electricity in Spain and internationally.
Iberdrola Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €9.22 |
| 52 Week High | €9.14 |
| 52 Week Low | €12.57 |
| Beta | 0.47 |
| 1 Month Change | -12.00% |
| 3 Month Change | -10.98% |
| 1 Year Change | -11.24% |
| 3 Year Change | 45.44% |
| 5 Year Change | 52.31% |
| Change since IPO | 636.12% |
Recent News & Updates
Does Iberdrola (BME:IBE) Have A Healthy Balance Sheet?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Calculating The Fair Value Of Iberdrola, S.A. (BME:IBE)
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Iberdrola, S.A...
These 4 Measures Indicate That Iberdrola (BME:IBE) Is Using Debt Extensively
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Shareholder Returns
| IBE | ES Electric Utilities | ES Market | |
|---|---|---|---|
| 7D | -1.5% | -0.6% | 1.0% |
| 1Y | -11.2% | -8.2% | 27.8% |
Return vs Industry: IBE underperformed the Spanish Electric Utilities industry which returned -8.2% over the past year.
Return vs Market: IBE underperformed the Spanish Market which returned 27.8% over the past year.
Price Volatility
| IBE volatility | |
|---|---|
| IBE Beta | 0.47 |
| Industry Beta | 0.65 |
| Market Beta | 1 |
Stable Share Price: IBE is not significantly more volatile than the rest of Spanish stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: IBE's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1840 | 38,006 | Jose Ignacio Sanchez Galan | https://www.iberdrola.com |
Iberdrola, S.A. engages in the generation, transmission, distribution, and supply of electricity in Spain and internationally. It generates and markets electrical power using renewable sources, such as onshore and offshore wind, hydro, solar photovoltaic, combined cycle gas, nuclear, and biomass, as well as through installation of batteries. The company is also involved in the purchase and sale of electricity and gas on wholesale markets; development of green hydrogen projects; and distribution and sale of gas.
Iberdrola Fundamentals Summary
| IBE fundamental statistics | |
|---|---|
| Market Cap | €56.92b |
| Earnings (TTM) | €3.22b |
| Revenue (TTM) | €35.43b |
17.7x
P/E Ratio1.6x
P/S RatioIs IBE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IBE income statement (TTM) | |
|---|---|
| Revenue | €35.43b |
| Cost of Revenue | €18.83b |
| Gross Profit | €16.60b |
| Expenses | €13.38b |
| Earnings | €3.22b |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 27, 2021
| Earnings per share (EPS) | 0.52 |
| Gross Margin | 46.86% |
| Net Profit Margin | 9.08% |
| Debt/Equity Ratio | 75.0% |
How did IBE perform over the long term?
See historical performance and comparisonDividends
4.6%
Current Dividend Yield84%
Payout RatioValuation
Is Iberdrola undervalued compared to its fair value and its price relative to the market?
2.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: IBE (€9.22) is trading below our estimate of fair value (€9.48)
Significantly Below Fair Value: IBE is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: IBE is poor value based on its PE Ratio (17.7x) compared to the Spanish Electric Utilities industry average (17.5x).
PE vs Market: IBE is good value based on its PE Ratio (17.7x) compared to the Spanish market (23.2x).
Price to Earnings Growth Ratio
PEG Ratio: IBE is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: IBE is good value based on its PB Ratio (1.6x) compared to the ES Electric Utilities industry average (2.7x).
Future Growth
How is Iberdrola forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?
7.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IBE's forecast earnings growth (7.5% per year) is above the savings rate (1%).
Earnings vs Market: IBE's earnings (7.5% per year) are forecast to grow slower than the Spanish market (16.6% per year).
High Growth Earnings: IBE's earnings are forecast to grow, but not significantly.
Revenue vs Market: IBE's revenue (3.9% per year) is forecast to grow slower than the Spanish market (6.1% per year).
High Growth Revenue: IBE'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: IBE's Return on Equity is forecast to be low in 3 years time (10.6%).
Past Performance
How has Iberdrola performed over the past 5 years?
6.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IBE has high quality earnings.
Growing Profit Margin: IBE's current net profit margins (9.1%) are lower than last year (10.6%).
Past Earnings Growth Analysis
Earnings Trend: IBE's earnings have grown by 6.5% per year over the past 5 years.
Accelerating Growth: IBE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: IBE had negative earnings growth (-12.5%) over the past year, making it difficult to compare to the Electric Utilities industry average (8.2%).
Return on Equity
High ROE: IBE's Return on Equity (7.3%) is considered low.
Financial Health
How is Iberdrola's financial position?
Financial Position Analysis
Short Term Liabilities: IBE's short term assets (€17.1B) do not cover its short term liabilities (€18.8B).
Long Term Liabilities: IBE's short term assets (€17.1B) do not cover its long term liabilities (€59.4B).
Debt to Equity History and Analysis
Debt Level: IBE's debt to equity ratio (75%) is considered high.
Reducing Debt: IBE's debt to equity ratio has reduced from 78.1% to 75% over the past 5 years.
Debt Coverage: IBE's debt is well covered by operating cash flow (22.9%).
Interest Coverage: IBE's interest payments on its debt are well covered by EBIT (7.1x coverage).
Balance Sheet
Dividend
What is Iberdrola current dividend yield, its reliability and sustainability?
4.56%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: IBE's dividend (4.56%) is higher than the bottom 25% of dividend payers in the Spanish market (1.5%).
High Dividend: IBE's dividend (4.56%) is low compared to the top 25% of dividend payers in the Spanish market (5.12%).
Stability and Growth of Payments
Stable Dividend: IBE's dividends per share have been stable in the past 10 years.
Growing Dividend: IBE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (83.8%), IBE's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: IBE's dividends in 3 years are forecast to be covered by earnings (72.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.5yrs
Average management tenure
CEO
Jose Ignacio Sanchez Galan (71 yo)
20.33yrs
Tenure
€6,242,000
Compensation
Mr. Jose Ignacio Sanchez Galan has been the Chief Executive Officer of Iberdrola, S.A. since May 2001. He serves as the Managing Director of Industria de Turbo Propulsores (ITP) and the Chief Executive Off...
CEO Compensation Analysis
Compensation vs Market: Jose Ignacio's total compensation ($USD7.31M) is above average for companies of similar size in the Spanish market ($USD2.83M).
Compensation vs Earnings: Jose Ignacio's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: IBE's management team is seasoned and experienced (6.5 years average tenure).
Board Members
Experienced Board: IBE's board of directors are considered experienced (6.6 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
Iberdrola, S.A.'s employee growth, exchange listings and data sources
Key Information
- Name: Iberdrola, S.A.
- Ticker: IBE
- Exchange: BME
- Founded: 1840
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: €56.924b
- Shares outstanding: 6.18b
- Website: https://www.iberdrola.com
Number of Employees
Location
- Iberdrola, S.A.
- Plaza Euskadi 5
- Bilbao
- Basque Country
- 48009
- Spain
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/25 17:48 |
| End of Day Share Price | 2021/09/24 00:00 |
| Earnings | 2021/06/30 |
| 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.