Enagás (BATS-CHIXE:ENGE) - Stock Price, News & Analysis

ENGE Stock Overview

Enagás, S.A. develops, operates, and maintains gas infrastructures in Spain and internationally.

ENGE fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	1/6
Financial Health	2/6
Dividends	4/6

Rewards

Trading at 32.4% below our estimate of its fair value

Risk Analysis

Interest payments are not well covered by earnings

Earnings are forecast to decline by an average of 10.4% per year for the next 3 years

Dividend of 12.54% is not well covered by earnings or cash flows

Shares are highly illiquid

Enagás, S.A. Competitors

Severn Trent

LSE:SVT

UK£7.3b

Drax Group

LSE:DRX

UK£2.0b

Centrica

LSE:CNA

UK£7.0b

New Jersey Resources

NYSE:NJR

US$4.3b

Price History & Performance

Summary of all time highs, changes and price drops for Enagás
Historical stock prices
Current Share Price	€13.44
52 Week High	€18.52
52 Week Low	€13.36
Beta	0.56
1 Month Change	0.58%
3 Month Change	-11.81%
1 Year Change	-23.73%
3 Year Change	-25.94%
5 Year Change	-47.33%
Change since IPO	1.63%

Recent updates

Shareholder Returns

	ENGE	GB Gas Utilities	GB Market
7D	0%	3.3%	2.3%
1Y	-23.7%	-12.5%	0.6%

Return vs Industry: ENGE underperformed the UK Gas Utilities industry which returned -12.6% over the past year.

Return vs Market: ENGE underperformed the UK Market which returned 0.3% over the past year.

Price Volatility

Is ENGE's price volatile compared to industry and market?
ENGE volatility
ENGE Average Weekly Movement	n/a
Gas Utilities Industry Average Movement	3.1%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	11.3%
10% least volatile stocks in GB Market	2.7%

Stable Share Price: ENGE has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine ENGE's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1972	1,390	Arturo Aizpiri	www.enagas.es/es/

Enagás, S.A. develops, operates, and maintains gas infrastructures in Spain and internationally. It operates through Gas Transmission, Regasification, and Storage of Gas segments. The company provides gas transmission services through primary and secondary transmission pipelines; and natural gas regasification services, as well as operates underground storage facilities.

Enagás, S.A. Fundamentals Summary

How do Enagás's earnings and revenue compare to its market cap?
ENGE fundamental statistics
Market cap	€3.63b
Earnings (TTM)	€342.53m
Revenue (TTM)	€907.57m

10.6x

P/E Ratio

4.0x

P/S Ratio

Is ENGE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ENGE income statement (TTM)
Revenue	€907.57m
Cost of Revenue	€55.94m
Gross Profit	€851.64m
Other Expenses	€509.11m
Earnings	€342.53m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	1.31
Gross Margin	93.84%
Net Profit Margin	37.74%
Debt/Equity Ratio	121.6%

How did ENGE perform over the long term?

See historical performance and comparison

Dividends

12.5%

Current Dividend Yield

133%

Payout Ratio

Does ENGE pay a reliable dividends?

See ENGE dividend history and benchmarks

When do you need to buy ENGE by to receive an upcoming dividend?
Enagás dividend dates
Ex Dividend Date	Jul 02 2024
Dividend Pay Date	Jul 04 2024
Days until Ex dividend	67 days
Days until Dividend pay date	69 days

Does ENGE pay a reliable dividends?

See ENGE dividend history and benchmarks

ENGE Stock Overview

Rewards

Risk Analysis

Enagás, S.A. Competitors

LSE:SVT

UK£7.3b

LSE:DRX

UK£2.0b

LSE:CNA

UK£7.0b

NYSE:NJR

US$4.3b

Price History & Performance

Recent News & Updates

Final dividend of €0.85 announced

Enagás, S.A. to Report Q1, 2024 Results on Apr 23, 2024

Final dividend of €0.85 announced

Full year 2023 earnings released: EPS: €1.31 (vs €1.44 in FY 2022)

Enagás, S.A., Annual General Meeting, Mar 20, 2024

Enagás, S.A. to Report Fiscal Year 2023 Results on Feb 20, 2024

Recent updates

Final dividend of €0.85 announced

Enagás, S.A. to Report Q1, 2024 Results on Apr 23, 2024

Final dividend of €0.85 announced

Full year 2023 earnings released: EPS: €1.31 (vs €1.44 in FY 2022)

Enagás, S.A., Annual General Meeting, Mar 20, 2024

Enagás, S.A. to Report Fiscal Year 2023 Results on Feb 20, 2024

New major risk - Revenue and earnings growth

Enagás, S.A. to Report Q2, 2023 Results on Jul 26, 2023

Upcoming dividend of €0.84 per share at 9.7% yield

Enagás, S.A. (BME:ENG) agreed to acquire 10% stake in Hanseatic Energy Hub GmbH from Fluxys Belgium SA (ENXTBR:FLUX).

Full year 2022 earnings released: EPS: €1.44 (vs €1.54 in FY 2021)

Enagás, S.A. (BME:ENG) and Fluxys Belgium SA (ENXTBR:FLUX) agreed to acquire 5% stake in Trans Adriatic Pipeline AG from Axpo Solutions AG in a deal valued at €210 million.

Enagás, S.A. (BME:ENG) reached an agreement to acquire 20% stake in BBL Company V.O.F. from Uniper Ruhrgas BBL B.V. for €75 million.

Upcoming dividend of €0.56 per share

Third quarter 2022 earnings released

Navantia S.A. acquired a 5% stake in Enagás Renovable, S.L.U. from Enagás, S.A. (BME:ENG).

Navantia S.A. acquired a 5% stake in Enagás Renovable, S.L.U. from Enagás, S.A. (BME:ENG).

Enagás, S.A. to Report Q3, 2022 Results on Oct 25, 2022

Enagás, S.A. (BME:ENG) signed a strategic cooperation agreement to acquire Albgaz.

Second quarter 2022 earnings released

Amancio Ortega acquired 5% stake in Enagás Renovable, S.L.U. from Enagás, S.A. (BME:ENG).

Hy24 acquired 30% stake in Enagás Renovable, S.L.U. from Enagás, S.A. (BME:ENG).

Upcoming dividend of €0.83 per share

Now 21% undervalued

Enagás, S.A. (BME:ENG) announces an Equity Buyback for 465,000 shares, for €10.7 million.

Enagás, S.A. to Report Q1, 2022 Results on Apr 26, 2022

Enagás, S.A., Annual General Meeting, Mar 30, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Enagás, S.A. to Report Fiscal Year 2021 Results on Feb 22, 2022

Upcoming dividend of €0.55 per share

Third quarter 2021 earnings released: EPS €0.36

Second quarter 2021 earnings released

Upcoming dividend of €0.82 per share

First quarter 2021 earnings released: EPS €0.35

New 90-day low: €17.24

New 90-day low: €18.08

Enagás, S.A. to Report Q3, 2020 Results on Oct 20, 2020

Blackstone Infrastructure Partners, L.P., a fund managed by The Blackstone Group Inc. (NYSE:BX), National Pension Service, GIC Special Investments Pte. Ltd. and Enagás, S.A. (BME:ENG) completed the acquisition of additional 55.3% stake in Tallgrass Energy, LP (NYSE:TGE).

Enagás, S.A. to Report Q2, 2020 Results on Jul 28, 2020

Shareholder Returns

Price Volatility

About the Company

Enagás, S.A. Fundamentals Summary

10.6x

4.0x

Earnings & Revenue

Dividends

12.5%

133%