Edison International
Market Cap
US$22.4b
Last Updated
2021/01/23 00:28 UTC
Data Sources
Company Financials +
Executive Summary
Edison International, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Established dividend payer and fair value.
Similar Companies
Share Price & News
How has Edison International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EIX is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: EIX's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-4.2%
EIX
-0.4%
US Electric Utilities
2.3%
US Market
1 Year Return
-22.9%
EIX
-7.4%
US Electric Utilities
23.7%
US Market
Return vs Industry: EIX underperformed the US Electric Utilities industry which returned -7.4% over the past year.
Return vs Market: EIX underperformed the US Market which returned 23.7% over the past year.
Shareholder returns
| EIX | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.2% | -0.4% | 2.3% |
| 30 Day | -3.3% | 3.9% | 4.7% |
| 90 Day | -2.0% | -0.3% | 14.5% |
| 1 Year | -19.3%-22.9% | -4.3%-7.4% | 26.5%23.7% |
| 3 Year | 7.1%-5.1% | 25.6%15.0% | 45.0%35.4% |
| 5 Year | 14.6%-4.0% | 42.9%22.5% | 126.2%100.9% |
Long-Term Price Volatility Vs. Market
How volatile is Edison International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Our Take On The Returns On Capital At Edison International (NYSE:EIX)3 weeks ago | Simply Wall St
Our View On Edison International's (NYSE:EIX) CEO Pay1 month ago | Simply Wall St
Are Edison International's (NYSE:EIX) Statutory Earnings A Good Reflection Of Its Earnings Potential?Valuation
Is Edison International 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: EIX ($59.3) is trading below our estimate of fair value ($205.99)
Significantly Below Fair Value: EIX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EIX is poor value based on its PE Ratio (61.4x) compared to the US Electric Utilities industry average (19.6x).
PE vs Market: EIX is poor value based on its PE Ratio (61.4x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: EIX is poor value based on its PEG Ratio (2.8x)
Price to Book Ratio
PB vs Industry: EIX is good value based on its PB Ratio (1.6x) compared to the US Electric Utilities industry average (1.7x).
Next Steps
Future Growth
How is Edison International forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
22.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EIX's forecast earnings growth (22% per year) is above the savings rate (2%).
Earnings vs Market: EIX's earnings (22% per year) are forecast to grow faster than the US market (21.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: EIX's revenue (3.5% per year) is forecast to grow slower than the US market (10.6% per year).
High Growth Revenue: EIX's revenue (3.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EIX's Return on Equity is forecast to be low in 3 years time (10.5%).
Next Steps
Past Performance
How has Edison International performed over the past 5 years?
-21.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EIX has a large one-off loss of $2.0B impacting its September 30 2020 financial results.
Growing Profit Margin: EIX became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: EIX's earnings have declined by 21.2% per year over the past 5 years.
Accelerating Growth: EIX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: EIX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electric Utilities industry (6.1%).
Return on Equity
High ROE: EIX's Return on Equity (2.3%) is considered low.
Next Steps
Financial Health
How is Edison International's financial position?
Financial Position Analysis
Short Term Liabilities: EIX's short term assets ($5.9B) do not cover its short term liabilities ($8.6B).
Long Term Liabilities: EIX's short term assets ($5.9B) do not cover its long term liabilities ($44.3B).
Debt to Equity History and Analysis
Debt Level: EIX's debt to equity ratio (138.9%) is considered high.
Reducing Debt: EIX's debt to equity ratio has increased from 91% to 138.9% over the past 5 years.
Debt Coverage: EIX's debt is not well covered by operating cash flow (7.3%).
Interest Coverage: EIX's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
Next Steps
Dividend
What is Edison International current dividend yield, its reliability and sustainability?
4.47%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EIX's dividend (4.47%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: EIX's dividend (4.47%) is in the top 25% of dividend payers in the US market (3.85%)
Stability and Growth of Payments
Stable Dividend: EIX's dividends per share have been stable in the past 10 years.
Growing Dividend: EIX's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (264%), EIX's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: EIX's dividends in 3 years are forecast to be covered by earnings (57.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.3yrs
Average management tenure
CEO
Pedro Pizarro (54 yo)
4.33yrs
Tenure
US$11,761,702
Compensation
Mr. Pedro J. Pizarro has been the Chief Executive Officer of Edison International since September 30, 2016 and has been its President since June 01 2016. He joined Edison International in 1999. Mr. Pizarro...
CEO Compensation Analysis
Compensation vs Market: Pedro's total compensation ($USD11.76M) is about average for companies of similar size in the US market ($USD10.57M).
Compensation vs Earnings: Pedro's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.33yrs | US$11.76m | 0.021% $ 4.7m | |
| Executive VP & CFO | 4.33yrs | US$3.76m | 0.0065% $ 1.5m | |
| Executive VP & General Counsel | 6yrs | US$2.61m | 0.0043% $ 953.9k | |
| Senior Vice President of Strategy & Corporate Development | 5.33yrs | US$1.94m | 0.0013% $ 298.5k | |
| President | 5yrs | US$3.63m | 0.0042% $ 933.7k | |
| Vice President of Investor Relations | 3.58yrs | no data | no data | |
| VP and Chief Ethics & Compliance Officer | no data | no data | no data | |
| Vice President of Corporate Communications | no data | no data | no data | |
| Senior VP & Chief Human Resources Officer | 4.58yrs | no data | 0.0012% $ 269.4k | |
| Senior Vice President of Corporate Affairs | 1.92yrs | no data | 0.0015% $ 338.9k | |
| VP & Treasurer | no data | no data | no data | |
| VP & Corporate Controller | 4.83yrs | no data | 0.0012% $ 260.4k |
4.3yrs
Average Tenure
55yo
Average Age
Experienced Management: EIX's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.33yrs | US$11.76m | 0.021% $ 4.7m | |
| President | 5yrs | US$3.63m | 0.0042% $ 933.7k | |
| Independent Non-Executive Chair of the Board | 4.33yrs | US$435.05k | 0.0018% $ 395.0k | |
| Independent Director | 6.75yrs | US$302.48k | 0.0016% $ 352.4k | |
| Independent Director | 13.75yrs | US$325.73k | 0.0014% $ 314.2k | |
| Independent Director | 9.08yrs | US$305.03k | 0.0040% $ 900.1k | |
| Independent Director | 3.42yrs | US$299.19k | 0.0013% $ 296.3k | |
| Independent Director | 4.75yrs | US$282.09k | 0.00044% $ 98.8k | |
| Independent Director | 2.25yrs | US$281.77k | 0.0013% $ 298.5k | |
| Independent Director | 3.58yrs | US$285.03k | no data | |
| Independent Director | 1.25yrs | US$68.86k | no data | |
| Independent Director | 1.92yrs | US$275.04k | no data |
4.5yrs
Average Tenure
60.5yo
Average Age
Experienced Board: EIX's board of directors are considered experienced (4.5 years average tenure).
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 5.6%.
Top Shareholders
Company Information
Edison International's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Edison International
- Ticker: EIX
- Exchange: NYSE
- Founded: 1886
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: US$22.446b
- Shares outstanding: 378.51m
- Website: https://www.edison.com
Number of Employees
Location
- Edison International
- 2244 Walnut Grove Avenue
- PO Box 976
- Rosemead
- California
- 91770
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| EIX | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1968 |
| 0IFJ | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jan 1968 |
| EIX | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1968 |
| EIX | XTRA (XETRA Trading Platform) | Yes | Common Stock | DE | EUR | Jan 1968 |
| EIX1 * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Jan 1968 |
| E1IX34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 2 REPR 1 COM NPV | BR | BRL | Dec 2019 |
Biography
Edison International, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in the United States. The company generates electricity through hydroelectric, diese...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 00:28 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.