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AY

Atlantica Sustainable Infrastructure NasdaqGS:AY Stock Report

Last Price

US$30.62

Market Cap

US$3.5b

7D

-1.5%

1Y

-13.6%

Updated

15 May, 2022

Data

Company Financials +
AY fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance0/6
Financial Health3/6
Dividends3/6

AY Stock Overview

Atlantica Sustainable Infrastructure plc owns, manages, and invests in renewable energy, storage, natural gas and heat, electric transmission lines, and water assets in the United States, Canada, Mexico, Peru, Chile, Colombia, Uruguay, Spain, Italy, Algeria, and South Africa.

Atlantica Sustainable Infrastructure Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Atlantica Sustainable Infrastructure
Historical stock prices
Current Share PriceUS$30.62
52 Week HighUS$41.32
52 Week LowUS$28.82
Beta0.74
1 Month Change-7.38%
3 Month Change-4.70%
1 Year Change-13.60%
3 Year Change45.33%
5 Year Change54.18%
Change since IPO-17.24%

Recent News & Updates

Apr 20
Is Atlantica Sustainable Infrastructure (NASDAQ:AY) A Risky Investment?

Is Atlantica Sustainable Infrastructure (NASDAQ:AY) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

AYUS Renewable EnergyUS Market
7D-1.5%-5.7%-2.5%
1Y-13.6%-7.5%-10.4%

Return vs Industry: AY underperformed the US Renewable Energy industry which returned -7.5% over the past year.

Return vs Market: AY underperformed the US Market which returned -10.4% over the past year.

Price Volatility

Is AY's price volatile compared to industry and market?
AY volatility
AY Average Weekly Movement4.7%
Renewable Energy Industry Average Movement9.2%
Market Average Movement7.8%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market2.8%

Stable Share Price: AY is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: AY's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2013658Santiago Seage Medelahttps://www.atlantica.com

Atlantica Sustainable Infrastructure plc owns, manages, and invests in renewable energy, storage, natural gas and heat, electric transmission lines, and water assets in the United States, Canada, Mexico, Peru, Chile, Colombia, Uruguay, Spain, Italy, Algeria, and South Africa. It owns 39 assets comprising 2,044 megawatts (MW) of aggregate renewable energy installed generation capacity; 343 MW of natural gas-fired power generation capacity; 55 thermal megawatts of district heating capacity; 1,229 miles of electric transmission lines; and 17.5 million cubic feet per day of water desalination assets. The company was formerly known as Atlantica Yield plc and changed its name to Atlantica Sustainable Infrastructure plc in May 2020.

Atlantica Sustainable Infrastructure Fundamentals Summary

How do Atlantica Sustainable Infrastructure's earnings and revenue compare to its market cap?
AY fundamental statistics
Market CapUS$3.49b
Earnings (TTM)-US$22.95m
Revenue (TTM)US$1.19b

2.9x

P/S Ratio

-152.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AY income statement (TTM)
RevenueUS$1.19b
Cost of RevenueUS$0
Gross ProfitUS$1.19b
Other ExpensesUS$1.21b
Earnings-US$22.95m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.20
Gross Margin100.00%
Net Profit Margin-1.93%
Debt/Equity Ratio346.5%

How did AY perform over the long term?

See historical performance and comparison

Dividends

5.7%

Current Dividend Yield

-849%

Payout Ratio

Does AY pay a reliable dividends?

See AY dividend history and benchmarks
When do you need to buy AY by to receive an upcoming dividend?
Atlantica Sustainable Infrastructure dividend dates
Ex Dividend DateMay 27 2022
Dividend Pay DateJun 15 2022
Days until Ex dividend10 days
Days until Dividend pay date29 days

Does AY pay a reliable dividends?

See AY dividend history and benchmarks

Valuation

Is Atlantica Sustainable Infrastructure undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: AY ($30.62) is trading below our estimate of fair value ($97.99)

Significantly Below Fair Value: AY is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: AY is unprofitable, so we can't compare its PE Ratio to the US Renewable Energy industry average.

PE vs Market: AY is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AY's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AY is good value based on its PB Ratio (2.2x) compared to the US Renewable Energy industry average (2.4x).


Future Growth

How is Atlantica Sustainable Infrastructure forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


45.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AY is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: AY is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: AY's is expected to become profitable in the next 3 years.

Revenue vs Market: AY's revenue (4.9% per year) is forecast to grow slower than the US market (8% per year).

High Growth Revenue: AY's revenue (4.9% 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 (9.8%).


Past Performance

How has Atlantica Sustainable Infrastructure performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


11.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AY is currently unprofitable.

Growing Profit Margin: AY is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AY is unprofitable, but has reduced losses over the past 5 years at a rate of 11.9% per year.

Accelerating Growth: Unable to compare AY's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AY is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-13%).


Return on Equity

High ROE: AY has a negative Return on Equity (-0.54%), as it is currently unprofitable.


Financial Health

How is Atlantica Sustainable Infrastructure's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: AY's short term assets ($1.3B) exceed its short term liabilities ($582.0M).

Long Term Liabilities: AY's short term assets ($1.3B) do not cover its long term liabilities ($7.4B).


Debt to Equity History and Analysis

Debt Level: AY's net debt to equity ratio (295.3%) is considered high.

Reducing Debt: AY's debt to equity ratio has increased from 330.9% to 346.5% 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: Whilst unprofitable AY has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: AY is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 6.6% per year.


Dividend

What is Atlantica Sustainable Infrastructure current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


5.75%

Current Dividend Yield

Upcoming Dividend Payment

TodayMay 16 2022Ex Dividend DateMay 27 2022Dividend Pay DateJun 15 202219 days from Ex DividendBuy in the next 10 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: AY's dividend (5.75%) is higher than the bottom 25% of dividend payers in the US market (1.54%).

High Dividend: AY's dividend (5.75%) is in the top 25% of dividend payers in the US market (4.05%)


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 8 years.


Earnings Payout to Shareholders

Earnings Coverage: AY is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (42.5%), AY's dividend payments are well covered by cash flows.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.1yrs

Average management tenure


CEO

Santiago Seage Medela (52 yo)

6yrs

Tenure

US$3,752,700

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 ($USD3.75M) is below average for companies of similar size in the US market ($USD6.90M).

Compensation vs Earnings: Santiago's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: AY's management team is seasoned and experienced (7.1 years average tenure).


Board Members

Experienced Board: AY's board of directors are not considered experienced ( 2 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3%.


Top Shareholders

Company Information

Atlantica Sustainable Infrastructure plc's 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
  • Implied Market Cap: US$3.494b
  • Shares outstanding: 114.10m
  • Website: https://www.atlantica.com

Number of Employees


Location

  • Atlantica Sustainable Infrastructure plc
  • Great West House
  • GW1
  • Brentford
  • Greater London
  • TW8 9DF
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/15 00:00
End of Day Share Price2022/05/13 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.