EDP - Energias de Portugal, S.A. engages in the generation, transportation, distribution, and supply of electricity in Portugal, Spain, France, Brazil, the United States, and internationally. More Details
Established dividend payer with mediocre balance sheet.
Share Price & News
How has EDP - Energias de Portugal's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EDP is less volatile than 75% of Portuguese stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: EDP's weekly volatility (3%) has been stable over the past year.
7 Day Return
PT Electric Utilities
1 Year Return
PT Electric Utilities
Return vs Industry: EDP underperformed the Portuguese Electric Utilities industry which returned 19.9% over the past year.
Return vs Market: EDP underperformed the Portuguese Market which returned 19.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is EDP - Energias de Portugal's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StWhat EDP - Energias de Portugal, S.A.'s (ELI:EDP) ROE Can Tell Us
3 weeks ago | Simply Wall StEDP - Energias de Portugal (ELI:EDP) Has Gifted Shareholders With A Fantastic 114% Total Return On Their Investment
1 month ago | Simply Wall StIs EDP - Energias de Portugal, S.A.'s (ELI:EDP) 4.1% Dividend Sustainable?
Is EDP - Energias de Portugal undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: EDP (€4.76) is trading above our estimate of fair value (€2.3)
Significantly Below Fair Value: EDP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: EDP is poor value based on its PE Ratio (21.4x) compared to the European Electric Utilities industry average (13x).
PE vs Market: EDP is poor value based on its PE Ratio (21.4x) compared to the Portuguese market (15.8x).
Price to Earnings Growth Ratio
PEG Ratio: EDP is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: EDP is overvalued based on its PB Ratio (1.9x) compared to the XE Electric Utilities industry average (0.9x).
How is EDP - Energias de Portugal forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EDP's forecast earnings growth (8.1% per year) is above the savings rate (1.6%).
Earnings vs Market: EDP's earnings (8.1% per year) are forecast to grow slower than the Portuguese market (11.2% per year).
High Growth Earnings: EDP's earnings are forecast to grow, but not significantly.
Revenue vs Market: EDP's revenue (2.9% per year) is forecast to grow slower than the Portuguese market (5.1% per year).
High Growth Revenue: EDP's revenue (2.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EDP's Return on Equity is forecast to be low in 3 years time (11%).
How has EDP - Energias de Portugal performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EDP has a large one-off gain of €296.8M impacting its March 31 2021 financial results.
Growing Profit Margin: EDP's current net profit margins (6.9%) are higher than last year (4%).
Past Earnings Growth Analysis
Earnings Trend: EDP's earnings have declined by 12.4% per year over the past 5 years.
Accelerating Growth: EDP's earnings growth over the past year (49.8%) exceeds its 5-year average (-12.4% per year).
Earnings vs Industry: EDP earnings growth over the past year (49.8%) exceeded the Electric Utilities industry 4.9%.
Return on Equity
High ROE: EDP's Return on Equity (8.9%) is considered low.
How is EDP - Energias de Portugal's financial position?
Financial Position Analysis
Short Term Liabilities: EDP's short term assets (€7.1B) exceed its short term liabilities (€7.1B).
Long Term Liabilities: EDP's short term assets (€7.1B) do not cover its long term liabilities (€22.1B).
Debt to Equity History and Analysis
Debt Level: EDP's debt to equity ratio (124.6%) is considered high.
Reducing Debt: EDP's debt to equity ratio has reduced from 154.4% to 124.6% over the past 5 years.
Debt Coverage: EDP's debt is not well covered by operating cash flow (8%).
Interest Coverage: EDP's interest payments on its debt are well covered by EBIT (3.7x coverage).
What is EDP - Energias de Portugal current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EDP's dividend (3.99%) is higher than the bottom 25% of dividend payers in the Portuguese market (1.87%).
High Dividend: EDP's dividend (3.99%) is low compared to the top 25% of dividend payers in the Portuguese market (5.99%).
Stability and Growth of Payments
Stable Dividend: EDP's dividends per share have been stable in the past 10 years.
Growing Dividend: EDP's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (85.4%), EDP's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: EDP's dividends in 3 years are forecast to be covered by earnings (78% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Miguel de Andrade (44 yo)
Mr. Miguel Stilwell de Andrade serves as Vice President of the Board at EDP Renováveis, S.A. since April 12, 2021. He has been Chairman of the Executive Board of Directors at EDP-Energias de Portugal, S.A....
CEO Compensation Analysis
Compensation vs Market: Miguel's total compensation ($USD1.90M) is below average for companies of similar size in the Portuguese market ($USD3.44M).
Compensation vs Earnings: Miguel's compensation has been consistent with company performance over the past year.
Experienced Management: EDP's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Experienced Board: EDP's board of directors are considered experienced (6.2 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.6%.
EDP - Energias de Portugal, S.A.'s company bio, employee growth, exchange listings and data sources
- Name: EDP - Energias de Portugal, S.A.
- Ticker: EDP
- Exchange: ENXTLS
- Founded: 1976
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: €18.448b
- Shares outstanding: 3.95b
- Website: https://www.edp.com
Number of Employees
- EDP - Energias de Portugal, S.A.
- Avenida 24 de Julho 12
EDP - Energias de Portugal, S.A. engages in the generation, transportation, distribution, and supply of electricity in Portugal, Spain, France, Brazil, the United States, and internationally. The company o...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/17 21:46|
|End of Day Share Price||2021/06/17 00:00|
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.