Voltalia Balance Sheet Health
Financial Health criteria checks 1/6
Voltalia has a total shareholder equity of €1.1B and total debt of €2.5B, which brings its debt-to-equity ratio to 231.3%. Its total assets and total liabilities are €4.2B and €3.1B respectively. Voltalia's EBIT is €9.9M making its interest coverage ratio 0.1. It has cash and short-term investments of €316.5M.
Key information
231.30%
Debt to equity ratio
€2.45b
Debt
| Interest coverage ratio | 0.1x |
| Cash | €316.49m |
| Equity | €1.06b |
| Total liabilities | €3.13b |
| Total assets | €4.19b |
Recent financial health updates
Analysis Article • Oct 17
These 4 Measures Indicate That Voltalia (EPA:VLTSA) Is Using Debt Extensively
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Jun 21
Is Voltalia (EPA:VLTSA) A Risky Investment?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Sep 29
Does Voltalia (EPA:VLTSA) Have A Healthy Balance Sheet?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Apr 10
Voltalia (EPA:VLTSA) Has No Shortage Of Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Oct 24
These 4 Measures Indicate That Voltalia (EPA:VLTSA) Is Using Debt Extensively
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Nov 10
Here's Why Voltalia (EPA:VLTSA) Has A Meaningful Debt Burden
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Recent updates
Narrative Update • May 22
VLTSA: Long Term Clean Power Contracts Will Support Future Returns
Analysts have nudged their price target on Voltalia marginally lower to about €10.16 from €10.17, reflecting small tweaks to inputs such as discount rate and projected future P/E, rather than any major shift in the outlook. What's in the News Voltalia reported first quarter 2026 production of 1,105 GWh, with production curtailment at 113 GWh for the period ended 31 March 2026, compared with 1,121 GWh and 87 GWh respectively a year earlier (Announcement of Operating Results).Narrative Update • Apr 27
VLTSA: Growing Long Term Solar Contracts Will Support Future Returns
Analysts have slightly reduced their price target on Voltalia from about €10.31 to roughly €10.17, citing updated views on discount rates, revenue growth, profit margins and future P/E assumptions. What's in the News Voltalia reported first quarter 2026 production of 1,105 GWh, compared with 1,121 GWh for the same quarter a year earlier, with production curtailment at 113 GWh versus 87 GWh. (company announcement) For the fourth quarter of 2025, Voltalia reported production of 1,261 GWh compared with 1,415 GWh a year earlier, and production curtailment of 389 GWh versus 168 GWh. (company announcement) For full year 2025, Voltalia reported production of 4,910 GWh compared with 4,706 GWh a year earlier, and production curtailment of 1,040 GWh versus 876 GWh. (company announcement) The Bolobedu solar farm in South Africa, with installed capacity of 148 megawatts, has reached full commissioning and is planned to supply around 300 GWh per year under a long term contract with Richards Bay Minerals via the Eskom Transmission Network.Narrative Update • Apr 06
VLTSA: Expanding Global Solar Contracts Will Support Future Returns Despite Current Losses
Analysts have nudged their price target for Voltalia higher to about €10.31 from €10.13, citing updated assumptions around discount rate, revenue growth, profit margin and future P/E that lead to a slightly richer valuation framework. What's in the News Voltalia and Renvolt signed a turnkey EPC contract with ESB for the ESB Wexford Hub, a 124.2 megawatt solar power plant in County Wexford, Ireland, followed by an operation and maintenance contract (Key Developments).Narrative Update • Feb 26
VLTSA: Growing International Solar Pipeline Will Support Future Returns Despite Current Losses
Analysts have kept their Voltalia price target steady at €10.13, as small technical adjustments to the discount rate, revenue growth outlook, profit margin assumptions, and future P/E estimate did not materially change their valuation view. What's in the News Voltalia and its subsidiary Renvolt signed a turnkey EPC contract for the ESB Wexford Hub, a 124.2 megawatt solar power plant in County Wexford, Ireland.
New Narrative • Feb 26
Long Term PPAs And SPRING Plan Will Transform This Renewable Power Platform
Catalysts About Voltalia Voltalia is a renewable energy group that develops, builds, owns and operates power assets and provides related services. What are the underlying business or industry changes driving this perspective?Narrative Update • Feb 12
VLTSA: Tunisia Solar Pipeline Will Support Future Returns Despite Current Losses
Analysts have adjusted their price target on Voltalia from €10.99 to €10.13, reflecting updated views on higher discount rates, more moderate revenue growth assumptions, lower projected profit margins, and a revised future P/E expectation. What's in the News Voltalia secured the 132 megawatt Wadi solar project in the Gabes region of south east Tunisia, taking its pipeline of projects set to enter construction in the country to nearly 400 megawatts and targeting pooled construction, transport and maintenance costs across nearby sites.
New Narrative • Feb 11
Slower Project Pipeline And Grid Curtailment Will Shape Future Returns From Long Term Contracts
Catalysts About Voltalia Voltalia develops, builds and operates renewable power assets and related services across multiple countries and technologies. What are the underlying business or industry changes driving this perspective?Analysis Article • Oct 05
Even With A 28% Surge, Cautious Investors Are Not Rewarding Voltalia SA's (EPA:VLTSA) Performance Completely
Those holding Voltalia SA ( EPA:VLTSA ) shares would be relieved that the share price has rebounded 28% in the last...Analysis Article • Sep 08
Voltalia SA (EPA:VLTSA) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
It's been a sad week for Voltalia SA ( EPA:VLTSA ), who've watched their investment drop 11% to €6.00 in the week since...Analysis Article • Aug 27
Returns On Capital At Voltalia (EPA:VLTSA) Have Stalled
There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...Analysis Article • May 11
Investors Still Aren't Entirely Convinced By Voltalia SA's (EPA:VLTSA) Revenues Despite 27% Price Jump
Voltalia SA ( EPA:VLTSA ) shares have had a really impressive month, gaining 27% after a shaky period beforehand. But...Analysis Article • Apr 16
Return Trends At Voltalia (EPA:VLTSA) Aren't Appealing
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...Analysis Article • Mar 16
Voltalia SA (EPA:VLTSA) Just Reported And Analysts Have Been Cutting Their Estimates
It's been a sad week for Voltalia SA ( EPA:VLTSA ), who've watched their investment drop 11% to €7.12 in the week since...
New Narrative • Feb 20
Future Revenue Stability Secured Through Long-term PPAs And Market Expansion
Expansion into new markets and advancements in green hydrogen diversify revenue sources and reduce dependency on Brazilian operations.Analysis Article • Feb 18
Why Voltalia SA (EPA:VLTSA) Could Be Worth Watching
Voltalia SA ( EPA:VLTSA ), is not the largest company out there, but it saw a double-digit share price rise of over 10...Analysis Article • Jan 23
Voltalia SA's (EPA:VLTSA) Prospects Need A Boost To Lift Shares
Voltalia SA's ( EPA:VLTSA ) price-to-sales (or "P/S") ratio of 1.6x might make it look like a strong buy right now...Analysis Article • Nov 09
Voltalia (EPA:VLTSA) Might Have The Makings Of A Multi-Bagger
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Analysis Article • Oct 17
These 4 Measures Indicate That Voltalia (EPA:VLTSA) Is Using Debt Extensively
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Sep 27
Is Voltalia SA (EPA:VLTSA) Potentially Undervalued?
While Voltalia SA ( EPA:VLTSA ) might not have the largest market cap around , it saw a significant share price rise of...Analysis Article • Sep 04
Benign Growth For Voltalia SA (EPA:VLTSA) Underpins Stock's 25% Plummet
To the annoyance of some shareholders, Voltalia SA ( EPA:VLTSA ) shares are down a considerable 25% in the last month...Analysis Article • Jul 13
Investors Could Be Concerned With Voltalia's (EPA:VLTSA) Returns On Capital
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Analysis Article • Jun 21
Is Voltalia (EPA:VLTSA) A Risky Investment?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • May 31
Voltalia SA (EPA:VLTSA) Held Back By Insufficient Growth Even After Shares Climb 38%
Despite an already strong run, Voltalia SA ( EPA:VLTSA ) shares have been powering on, with a gain of 38% in the last...Analysis Article • Apr 10
Additional Considerations Required While Assessing Voltalia's (EPA:VLTSA) Strong Earnings
Unsurprisingly, Voltalia SA's ( EPA:VLTSA ) stock price was strong on the back of its healthy earnings report. However...Analysis Article • Apr 06
Voltalia SA (EPA:VLTSA) Yearly Results: Here's What Analysts Are Forecasting For This Year
It's been a pretty great week for Voltalia SA ( EPA:VLTSA ) shareholders, with its shares surging 14% to €7.45 in the...Analysis Article • Mar 14
Revenues Working Against Voltalia SA's (EPA:VLTSA) Share Price Following 27% Dive
Unfortunately for some shareholders, the Voltalia SA ( EPA:VLTSA ) share price has dived 27% in the last thirty days...Analysis Article • Mar 10
Voltalia (EPA:VLTSA) Will Want To Turn Around Its Return Trends
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...Analysis Article • Dec 29
Voltalia SA (EPA:VLTSA) Doing What It Can To Lift Shares
Voltalia SA's ( EPA:VLTSA ) price-to-sales (or "P/S") ratio of 2.8x might make it look like a buy right now compared to...Analysis Article • Dec 01
Voltalia's (EPA:VLTSA) Returns On Capital Not Reflecting Well On The Business
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Analysis Article • Sep 29
Does Voltalia (EPA:VLTSA) Have A Healthy Balance Sheet?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Aug 16
Investors Could Be Concerned With Voltalia's (EPA:VLTSA) Returns On Capital
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...Analysis Article • Jun 05
Voltalia SA (EPA:VLTSA) Doing What It Can To Lift Shares
When close to half the companies operating in the Renewable Energy industry in France have price-to-sales ratios (or...Analysis Article • Apr 10
Voltalia (EPA:VLTSA) Has No Shortage Of Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Jan 28
New Forecasts: Here's What Analysts Think The Future Holds For Voltalia SA (EPA:VLTSA)
Shareholders in Voltalia SA ( EPA:VLTSA ) may be thrilled to learn that the analysts have just delivered a major...Analysis Article • Oct 24
These 4 Measures Indicate That Voltalia (EPA:VLTSA) Is Using Debt Extensively
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Sep 27
Slowing Rates Of Return At Voltalia (EPA:VLTSA) Leave Little Room For Excitement
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...Analysis Article • Jul 22
What You Need To Know About The Voltalia SA (EPA:VLTSA) Analyst Downgrade Today
Market forces rained on the parade of Voltalia SA ( EPA:VLTSA ) shareholders today, when the analysts downgraded their...Analysis Article • Jun 04
Industry Analysts Just Upgraded Their Voltalia SA (EPA:VLTSA) Revenue Forecasts By 16%
Voltalia SA ( EPA:VLTSA ) shareholders will have a reason to smile today, with the analysts making substantial upgrades...Analysis Article • May 14
Some Analysts Just Cut Their Voltalia SA (EPA:VLTSA) Estimates
The analysts covering Voltalia SA ( EPA:VLTSA ) delivered a dose of negativity to shareholders today, by making a...Analysis Article • Apr 25
Voltalia (EPA:VLTSA) Hasn't Managed To Accelerate Its Returns
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...Analysis Article • Jan 09
Voltalia (EPA:VLTSA) Might Be Having Difficulty Using Its Capital Effectively
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...Analysis Article • Nov 10
Here's Why Voltalia (EPA:VLTSA) Has A Meaningful Debt Burden
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Sep 19
Should You Be Adding Voltalia (EPA:VLTSA) To Your Watchlist Today?
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...Financial Position Analysis
Short Term Liabilities: VLTSA's short term assets (€953.2M) exceed its short term liabilities (€788.0M).
Long Term Liabilities: VLTSA's short term assets (€953.2M) do not cover its long term liabilities (€2.3B).
Debt to Equity History and Analysis
Debt Level: VLTSA's net debt to equity ratio (201.4%) is considered high.
Reducing Debt: VLTSA's debt to equity ratio has increased from 115.2% to 231.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if VLTSA has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if VLTSA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/27 16:17 |
| End of Day Share Price | 2026/05/27 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Voltalia SA is covered by 15 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Oscar Nájar Ríos | Banco Santander |
| Emmanuel Chevalier | CIC Market Solutions (ESN) |
| Arthur Sitbon | Morgan Stanley |