Terna Energy Societe Anonyme Commercial Technical
Market Cap
€1.4b
Last Updated
2021/05/07 16:22 UTC
Data Sources
Company Financials +
Executive Summary
Terna Energy Societe Anonyme Commercial Technical Company operates in the renewable energy sources (RES), construction, trading of electric energy, and concessions sectors in Greece, Balkans, Eastern Europe, and North America. More Details
Rewards
Risk Analysis
Snowflake Analysis
Proven track record and fair value.
Share Price & News
How has Terna Energy Societe Anonyme Commercial Technical's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TENERGY is not significantly more volatile than the rest of Greek stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: TENERGY's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-4.6%
TENERGY
-2.5%
GR Renewable Energy
0.2%
GR Market
1 Year Return
43.4%
TENERGY
43.3%
GR Renewable Energy
39.6%
GR Market
Return vs Industry: TENERGY exceeded the Greek Renewable Energy industry which returned 41.3% over the past year.
Return vs Market: TENERGY exceeded the Greek Market which returned 39.8% over the past year.
Shareholder returns
| TENERGY | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.6% | -2.5% | 0.2% |
| 30 Day | -3.1% | -3.5% | 2.2% |
| 90 Day | -15.6% | -14.6% | 15.2% |
| 1 Year | 48.0%43.4% | 47.0%43.3% | 43.9%39.6% |
| 3 Year | 172.1%134.2% | 82.5%69.0% | 12.7%3.7% |
| 5 Year | 422.6%312.5% | 163.6%138.5% | 32.3%17.5% |
Long-Term Price Volatility Vs. Market
How volatile is Terna Energy Societe Anonyme Commercial Technical's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
Terna Energy Societe Anonyme Commercial Technical's (ATH:TENERGY) Earnings Are Of Questionable Quality1 month ago | Simply Wall St
A Closer Look At Terna Energy Societe Anonyme Commercial Technical Company's (ATH:TENERGY) Impressive ROEValuation
Is Terna Energy Societe Anonyme Commercial Technical undervalued compared to its fair value and its price relative to the market?
9.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TENERGY (€11.92) is trading below our estimate of fair value (€13.23)
Significantly Below Fair Value: TENERGY is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: TENERGY is good value based on its PE Ratio (18.7x) compared to the XE Renewable Energy industry average (33.8x).
PE vs Market: TENERGY is good value based on its PE Ratio (18.7x) compared to the Greek market (20x).
Price to Earnings Growth Ratio
PEG Ratio: TENERGY is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: TENERGY is overvalued based on its PB Ratio (2.9x) compared to the XE Renewable Energy industry average (2.2x).
Future Growth
How is Terna Energy Societe Anonyme Commercial Technical forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
18.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TENERGY's forecast earnings growth (18% per year) is above the savings rate (3.9%).
Earnings vs Market: TENERGY's earnings (18% per year) are forecast to grow slower than the Greek market (38.2% per year).
High Growth Earnings: TENERGY's earnings are forecast to grow, but not significantly.
Revenue vs Market: TENERGY's revenue (11.2% per year) is forecast to grow slower than the Greek market (11.9% per year).
High Growth Revenue: TENERGY's revenue (11.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TENERGY's Return on Equity is forecast to be low in 3 years time (19.5%).
Past Performance
How has Terna Energy Societe Anonyme Commercial Technical performed over the past 5 years?
29.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TENERGY has a large one-off gain of €29.7M impacting its December 31 2020 financial results.
Growing Profit Margin: TENERGY's current net profit margins (21.9%) are higher than last year (17.2%).
Past Earnings Growth Analysis
Earnings Trend: TENERGY's earnings have grown significantly by 29.2% per year over the past 5 years.
Accelerating Growth: TENERGY's earnings growth over the past year (39.4%) exceeds its 5-year average (29.2% per year).
Earnings vs Industry: TENERGY earnings growth over the past year (39.4%) exceeded the Renewable Energy industry 15%.
Return on Equity
High ROE: TENERGY's Return on Equity (14.8%) is considered low.
Financial Health
How is Terna Energy Societe Anonyme Commercial Technical's financial position?
Financial Position Analysis
Short Term Liabilities: TENERGY's short term assets (€482.1M) exceed its short term liabilities (€219.6M).
Long Term Liabilities: TENERGY's short term assets (€482.1M) do not cover its long term liabilities (€1.3B).
Debt to Equity History and Analysis
Debt Level: TENERGY's debt to equity ratio (192.5%) is considered high.
Reducing Debt: TENERGY's debt to equity ratio has increased from 141.9% to 192.5% over the past 5 years.
Debt Coverage: TENERGY's debt is not well covered by operating cash flow (18.9%).
Interest Coverage: TENERGY's interest payments on its debt are not well covered by EBIT (2.1x coverage).
Balance Sheet
Dividend
What is Terna Energy Societe Anonyme Commercial Technical current dividend yield, its reliability and sustainability?
1.43%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TENERGY's dividend (1.43%) isn’t notable compared to the bottom 25% of dividend payers in the Greek market (1.71%).
High Dividend: TENERGY's dividend (1.43%) is low compared to the top 25% of dividend payers in the Greek market (3.93%).
Stability and Growth of Payments
Stable Dividend: TENERGY's dividend payments have been volatile in the past 10 years.
Growing Dividend: TENERGY's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.6%), TENERGY's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TENERGY's dividends in 3 years are forecast to be well covered by earnings (44.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average board tenure
CEO
Emmanuel Maragoudakis
no data
Tenure
Mr. Emmanuel Maragoudakis serves as the Chief Executive Officer and Managing Director of Terna Energy Societe Anonyme Commercial Technical Company (formerly known as Terna Energy S.A.). and also served as ...
Board Members
Experienced Board: TENERGY's board of directors are considered experienced (3.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TENERGY insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.6%.
Top Shareholders
Company Information
Terna Energy Societe Anonyme Commercial Technical Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Terna Energy Societe Anonyme Commercial Technical Company
- Ticker: TENERGY
- Exchange: ATSE
- Founded: 1949
- Industry: Renewable Electricity
- Sector: Utilities
- Market Cap: €1.387b
- Shares outstanding: 115.76m
- Website: https://www.terna-energy.com
Number of Employees
Location
- Terna Energy Societe Anonyme Commercial Technical Company
- 85 Mesogeion Avenue
- Athens
- 115 26
- Greece
Listings
Biography
Terna Energy Societe Anonyme Commercial Technical Company operates in the renewable energy sources (RES), construction, trading of electric energy, and concessions sectors in Greece, Balkans, Eastern Europ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/07 16:22 |
| End of Day Share Price | 2021/05/07 00:00 |
| Earnings | 2020/12/31 |
| 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.