company background image
NEOE

Neoen ENXTPA:NEOEN Stock Report

Last Price

€39.78

Market Cap

€4.3b

7D

5.3%

1Y

13.3%

Updated

24 May, 2022

Data

Company Financials +
NEOEN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance4/6
Financial Health1/6
Dividends0/6

NEOEN Stock Overview

Neoen S.A., an independent renewable energy production company, engages in the design, development, finance, construction project management, and operation of renewable energy power plants.

Neoen Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Neoen
Historical stock prices
Current Share Price€39.78
52 Week High€41.92
52 Week Low€26.12
Beta0.70
1 Month Change5.52%
3 Month Change45.82%
1 Year Change13.33%
3 Year Change92.17%
5 Year Changen/a
Change since IPO132.63%

Recent News & Updates

Apr 12
Is Neoen (EPA:NEOEN) Using Too Much Debt?

Is Neoen (EPA:NEOEN) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Dec 16
Neoen (EPA:NEOEN) Hasn't Managed To Accelerate Its Returns

Neoen (EPA:NEOEN) Hasn't Managed To Accelerate Its Returns

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Sep 28
Is Neoen (EPA:NEOEN) A Risky Investment?

Is Neoen (EPA:NEOEN) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...

Shareholder Returns

NEOENFR Renewable EnergyFR Market
7D5.3%4.6%-1.5%
1Y13.3%12.0%-18.8%

Return vs Industry: NEOEN exceeded the French Renewable Energy industry which returned 12% over the past year.

Return vs Market: NEOEN exceeded the French Market which returned -18.8% over the past year.

Price Volatility

Is NEOEN's price volatile compared to industry and market?
NEOEN volatility
NEOEN Average Weekly Movement7.4%
Renewable Energy Industry Average Movement6.6%
Market Average Movement6.0%
10% most volatile stocks in FR Market10.2%
10% least volatile stocks in FR Market3.5%

Stable Share Price: NEOEN is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: NEOEN's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2008232Xavier Barbarohttps://www.neoen.com

Neoen S.A., an independent renewable energy production company, engages in the design, development, finance, construction project management, and operation of renewable energy power plants. The company operates solar, wind, and energy storage plants. It operates in Argentina, Ecuador, El Salvador, Jamaica, Mexico, the United States, Finland, France, Ireland, Mozambique, Portugal, Zambia, Sweden, Croatia, and Australia.

Neoen Fundamentals Summary

How do Neoen's earnings and revenue compare to its market cap?
NEOEN fundamental statistics
Market Cap€4.28b
Earnings (TTM)€41.00m
Revenue (TTM)€333.60m

103.7x

P/E Ratio

12.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NEOEN income statement (TTM)
Revenue€333.60m
Cost of Revenue-€2.50m
Gross Profit€336.10m
Other Expenses€295.10m
Earnings€41.00m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.38
Gross Margin100.75%
Net Profit Margin12.29%
Debt/Equity Ratio215.0%

How did NEOEN perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

26%

Payout Ratio

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


103.72x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: NEOEN (€39.78) is trading above our estimate of fair value (€6.43)

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


Price To Earnings Ratio

PE vs Industry: NEOEN is poor value based on its Price-To-Earnings Ratio (103.7x) compared to the European Renewable Energy industry average (28.8x).

PE vs Market: NEOEN is poor value based on its Price-To-Earnings Ratio (103.7x) compared to the French market (16.1x).


Price to Earnings Growth Ratio

PEG Ratio: NEOEN is poor value based on its PEG Ratio (4.4x)


Price to Book Ratio

PB vs Industry: NEOEN's Price-To-Book Ratio (3.1x) is in line with the FR Renewable Energy industry average.


Future Growth

How is Neoen forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


23.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NEOEN's forecast earnings growth (23.8% per year) is above the savings rate (0.3%).

Earnings vs Market: NEOEN's earnings (23.8% per year) are forecast to grow faster than the French market (11.9% per year).

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

Revenue vs Market: NEOEN's revenue (19.7% per year) is forecast to grow faster than the French market (5.8% per year).

High Growth Revenue: NEOEN's revenue (19.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NEOEN's Return on Equity is forecast to be low in 3 years time (6.8%).


Past Performance

How has Neoen performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


1.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: NEOEN has a large one-off loss of €18.4M impacting its December 31 2021 financial results.

Growing Profit Margin: NEOEN's current net profit margins (12.3%) are higher than last year (1.3%).


Past Earnings Growth Analysis

Earnings Trend: NEOEN's earnings have grown by 1.1% per year over the past 5 years.

Accelerating Growth: NEOEN's earnings growth over the past year (951.3%) exceeds its 5-year average (1.1% per year).

Earnings vs Industry: NEOEN earnings growth over the past year (951.3%) exceeded the Renewable Energy industry 42%.


Return on Equity

High ROE: NEOEN's Return on Equity (2.9%) is considered low.


Financial Health

How is Neoen's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: NEOEN's short term assets (€798.2M) do not cover its short term liabilities (€877.1M).

Long Term Liabilities: NEOEN's short term assets (€798.2M) do not cover its long term liabilities (€2.7B).


Debt to Equity History and Analysis

Debt Level: NEOEN's net debt to equity ratio (171.8%) is considered high.

Reducing Debt: NEOEN's debt to equity ratio has reduced from 471.9% to 215% over the past 5 years.

Debt Coverage: NEOEN's debt is not well covered by operating cash flow (9.3%).

Interest Coverage: NEOEN's interest payments on its debt are not well covered by EBIT (1.8x coverage).


Balance Sheet


Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.25%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: NEOEN's dividend (0.25%) isn’t notable compared to the bottom 25% of dividend payers in the French market (1.72%).

High Dividend: NEOEN's dividend (0.25%) is low compared to the top 25% of dividend payers in the French market (4.96%).


Stability and Growth of Payments

Stable Dividend: NEOEN is not paying a notable dividend for the French market, therefore no need to check if payments are stable.

Growing Dividend: NEOEN is not paying a notable dividend for the French market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: NEOEN is not paying a notable dividend for the French market.


Cash Payout to Shareholders

Cash Flow Coverage: NEOEN is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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

3.3yrs

Average management tenure


CEO

Xavier Barbaro (45 yo)

no data

Tenure

€481,855

Compensation

Mr. Xavier Barbaro serves as the Chairman and Chief Executive Officer of Neoen S.A. (Former Direct Energie Neoen SAS.). Mr. Barbaro started his career in 2001 at Neuf Telecom. In 2006, he took on the posit...


CEO Compensation Analysis

Compensation vs Market: Xavier's total compensation ($USD517.01K) is below average for companies of similar size in the French market ($USD1.92M).

Compensation vs Earnings: Xavier's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: NEOEN's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: NEOEN's board of directors are considered experienced (3.7 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

Neoen S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Neoen S.A.
  • Ticker: NEOEN
  • Exchange: ENXTPA
  • Founded: 2008
  • Industry: Renewable Electricity
  • Sector: Utilities
  • Implied Market Cap: €4.281b
  • Shares outstanding: 106.90m
  • Website: https://www.neoen.com

Number of Employees


Location

  • Neoen S.A.
  • 6, rue Ménars
  • Paris
  • Ile-de-France
  • 75002
  • France

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/24 00:00
End of Day Share Price2022/05/24 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.