Atlantica Sustainable Infrastructure
Market Cap
US$4.1b
Last Updated
2021/05/05 22:10 UTC
Data Sources
Company Financials +
Executive Summary
Atlantica Sustainable Infrastructure plc owns and manages renewable energy, natural gas, transmission and transportation infrastructures, and water assets in the United States, Canada, Mexico, Peru, Chile, Uruguay, Spain, Algeria, and South Africa. More Details
Rewards
Risk Analysis
Dividend of 4.6% is not well covered by earnings or forecast to be in the next 3 years
+ 1 more risk
Snowflake Analysis
Moderate growth potential and slightly overvalued.
Similar Companies
Share Price & News
How has Atlantica Sustainable Infrastructure's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AY is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: AY's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-8.2%
AY
-6.6%
US Renewable Energy
-1.6%
US Market
1 Year Return
59.3%
AY
49.3%
US Renewable Energy
52.8%
US Market
Return vs Industry: AY exceeded the US Renewable Energy industry which returned 48.8% over the past year.
Return vs Market: AY exceeded the US Market which returned 52.4% over the past year.
Shareholder returns
| AY | Industry | Market | |
|---|---|---|---|
| 7 Day | -8.2% | -6.6% | -1.6% |
| 30 Day | 0.4% | -6.5% | 1.3% |
| 90 Day | -15.6% | -18.0% | 3.5% |
| 1 Year | 68.0%59.3% | 53.7%49.3% | 55.4%52.8% |
| 3 Year | 122.8%84.2% | 50.8%38.5% | 63.5%53.2% |
| 5 Year | 198.0%122.8% | 156.5%113.0% | 125.8%100.7% |
Long-Term Price Volatility Vs. Market
How volatile is Atlantica Sustainable Infrastructure's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
It Looks Like Shareholders Would Probably Approve Atlantica Sustainable Infrastructure plc's (NASDAQ:AY) CEO Compensation Package2 weeks ago | Simply Wall St
Is There An Opportunity With Atlantica Sustainable Infrastructure plc's (NASDAQ:AY) 49% Undervaluation?1 month ago | Simply Wall St
What Type Of Shareholders Make Up Atlantica Sustainable Infrastructure plc's (NASDAQ:AY) Share Registry?Valuation
Is Atlantica Sustainable Infrastructure undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AY ($36.56) is trading below our estimate of fair value ($89.83)
Significantly Below Fair Value: AY is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AY is poor value based on its PE Ratio (311.2x) compared to the US Renewable Energy industry average (120.6x).
PE vs Market: AY is poor value based on its PE Ratio (311.2x) compared to the US market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: AY is poor value based on its PEG Ratio (8.2x)
Price to Book Ratio
PB vs Industry: AY's PB Ratio (2.6x) is in line with the US Renewable Energy industry average.
Future Growth
How is Atlantica Sustainable Infrastructure forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
37.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AY's forecast earnings growth (37.9% per year) is above the savings rate (2%).
Earnings vs Market: AY's earnings (37.9% per year) are forecast to grow faster than the US market (16% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AY's revenue (7.2% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: AY's revenue (7.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AY's Return on Equity is forecast to be low in 3 years time (12.4%).
Past Performance
How has Atlantica Sustainable Infrastructure performed over the past 5 years?
63.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AY has a large one-off gain of $68.0M impacting its December 31 2020 financial results.
Growing Profit Margin: AY's current net profit margins (1.1%) are lower than last year (5.9%).
Past Earnings Growth Analysis
Earnings Trend: AY has become profitable over the past 5 years, growing earnings by 63.4% per year.
Accelerating Growth: AY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AY had negative earnings growth (-80.6%) over the past year, making it difficult to compare to the Renewable Energy industry average (-31.3%).
Return on Equity
High ROE: AY's Return on Equity (1%) is considered low.
Financial Health
How is Atlantica Sustainable Infrastructure's financial position?
Financial Position Analysis
Short Term Liabilities: AY's short term assets ($1.4B) exceed its short term liabilities ($483.3M).
Long Term Liabilities: AY's short term assets ($1.4B) do not cover its long term liabilities ($7.7B).
Debt to Equity History and Analysis
Debt Level: AY's debt to equity ratio (376.8%) is considered high.
Reducing Debt: AY's debt to equity ratio has increased from 322.8% to 376.8% over the past 5 years.
Debt Coverage: AY's debt is not well covered by operating cash flow (6.7%).
Interest Coverage: AY's interest payments on its debt are not well covered by EBIT (1.1x coverage).
Balance Sheet
Dividend
What is Atlantica Sustainable Infrastructure current dividend yield, its reliability and sustainability?
4.60%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AY's dividend (4.6%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: AY's dividend (4.6%) is in the top 25% of dividend payers in the US market (3.42%)
Stability and Growth of Payments
Stable Dividend: AY has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: AY's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (1421.6%), AY's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AY's dividends in 3 years are not forecast to be well covered by earnings (212.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.3yrs
Average management tenure
CEO
Santiago Seage Medela (51 yo)
5yrs
Tenure
US$2,524,100
Compensation
Mr. Santiago Seage Medela serves as the Chairman and Chief Executive Officer of Abengoa Solar Australia Pty Limited and Abengoa Solar, S.A. since 2006. Mr. Medela has been the Chief Executive Officer of At...
CEO Compensation Analysis
Compensation vs Market: Santiago's total compensation ($USD2.52M) is below average for companies of similar size in the US market ($USD5.42M).
Compensation vs Earnings: Santiago's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
Experienced Management: AY's management team is seasoned and experienced (5.3 years average tenure).
Board Members
Experienced Board: AY's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.9%.
Top Shareholders
Company Information
Atlantica Sustainable Infrastructure plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Atlantica Sustainable Infrastructure plc
- Ticker: AY
- Exchange: NasdaqGS
- Founded: 2013
- Industry: Renewable Electricity
- Sector: Utilities
- Market Cap: US$4.103b
- Shares outstanding: 110.69m
- Website: https://www.atlantica.com
Number of Employees
Location
- Atlantica Sustainable Infrastructure plc
- Great West House
- GW1, 17th Floor
- Brentford
- Greater London
- TW8 9DF
- United Kingdom
Listings
Biography
Atlantica Sustainable Infrastructure plc owns and manages renewable energy, natural gas, transmission and transportation infrastructures, and water assets in the United States, Canada, Mexico, Peru, Chile,...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/05 22:10 |
| End of Day Share Price | 2021/05/05 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.