company background image
EIX

Edison InternationalNYSE:EIX Stock Report

Market Cap

US$24.9b

7D

-1.0%

1Y

6.4%

Updated

02 Dec, 2021

Data

Company Financials +
EIX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance3/6
Financial Health1/6
Dividends5/6

EIX Stock Overview

Edison International, through its subsidiaries, generates and distributes electric power.

Edison International Competitors

Duke Energy

NYSE:DUK

US$74.3b

Southern

NYSE:SO

US$64.8b

American Electric Power Company

NasdaqGS:AEP

US$40.4b

Xcel Energy

NasdaqGS:XEL

US$34.6b

Price History & Performance

Summary of all time highs, changes and price drops for Edison International
Historical stock prices
Current Share PriceUS$65.49
52 Week HighUS$66.44
52 Week LowUS$53.92
Beta0.68
1 Month Change3.07%
3 Month Change11.66%
1 Year Change6.42%
3 Year Change13.82%
5 Year Change-5.69%
Change since IPO225.42%

Recent News & Updates

Nov 17
Is Edison International (NYSE:EIX) A Risky Investment?

Is Edison International (NYSE:EIX) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Nov 04
Edison International (NYSE:EIX) Is Experiencing Growth In Returns On Capital

Edison International (NYSE:EIX) Is Experiencing Growth In Returns On Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...

Shareholder Returns

EIXUS Electric UtilitiesUS Market
7D-1.0%-1.4%-3.5%
1Y6.4%8.4%19.4%

Return vs Industry: EIX matched the US Electric Utilities industry which returned 6.2% over the past year.

Return vs Market: EIX underperformed the US Market which returned 17.8% over the past year.

Price Volatility

Is EIX's price volatile compared to industry and market?
EIX volatility
EIX Average Weekly Movement2.5%
Electric Utilities Industry Average Movement2.9%
Market Average Movement6.1%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market2.4%

Stable Share Price: EIX is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: EIX's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
188613,351Pedro Pizarrohttps://www.edison.com

Edison International, through its subsidiaries, generates and distributes electric power. As of March 03, 2021, it delivered electricity to 15 million residential, commercial, industrial, public authorities, agricultural, and other customers across Southern, Central, and Coastal California. Edison International also provides energy solutions to commercial and industrial users.

Edison International Fundamentals Summary

How do Edison International's earnings and revenue compare to its market cap?
EIX fundamental statistics
Market CapUS$24.93b
Earnings (TTM)US$762.00m
Revenue (TTM)US$14.73b

32.7x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EIX income statement (TTM)
RevenueUS$14.73b
Cost of RevenueUS$6.26b
Gross ProfitUS$8.47b
ExpensesUS$7.71b
EarningsUS$762.00m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)2.01
Gross Margin57.48%
Net Profit Margin5.17%
Debt/Equity Ratio162.2%

How did EIX perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

132%

Payout Ratio

Valuation

Is Edison International undervalued compared to its fair value and its price relative to the market?

32.65x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: EIX ($65.49) is trading above our estimate of fair value ($64.29)

Significantly Below Fair Value: EIX is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: EIX is poor value based on its PE Ratio (32.7x) compared to the US Electric Utilities industry average (21.3x).

PE vs Market: EIX is poor value based on its PE Ratio (32.7x) compared to the US market (16.6x).


Price to Earnings Growth Ratio

PEG Ratio: EIX is poor value based on its PEG Ratio (1.6x)


Price to Book Ratio

PB vs Industry: EIX's PB Ratio (1.8x) is in line with the US Electric Utilities industry average.


Future Growth

How is Edison International forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

21.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EIX's forecast earnings growth (21% per year) is above the savings rate (2%).

Earnings vs Market: EIX's earnings (21% per year) are forecast to grow faster than the US market (14.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: EIX's revenue (3.4% per year) is forecast to grow slower than the US market (10.1% per year).

High Growth Revenue: EIX's revenue (3.4% 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 (11.8%).


Past Performance

How has Edison International performed over the past 5 years?

-9.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EIX has a large one-off loss of $1.6B impacting its September 30 2021 financial results.

Growing Profit Margin: EIX's current net profit margins (5.2%) are higher than last year (2.7%).


Past Earnings Growth Analysis

Earnings Trend: EIX's earnings have declined by 9.2% per year over the past 5 years.

Accelerating Growth: EIX's earnings growth over the past year (114%) exceeds its 5-year average (-9.2% per year).

Earnings vs Industry: EIX earnings growth over the past year (114%) exceeded the Electric Utilities industry 3.7%.


Return on Equity

High ROE: EIX's Return on Equity (4.6%) is considered low.


Financial Health

How is Edison International's financial position?


Financial Position Analysis

Short Term Liabilities: EIX's short term assets ($6.0B) do not cover its short term liabilities ($9.0B).

Long Term Liabilities: EIX's short term assets ($6.0B) do not cover its long term liabilities ($47.3B).


Debt to Equity History and Analysis

Debt Level: EIX's net debt to equity ratio (159.1%) is considered high.

Reducing Debt: EIX's debt to equity ratio has increased from 86% to 162.2% over the past 5 years.

Debt Coverage: EIX's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: EIX's interest payments on its debt are well covered by EBIT (3.1x coverage).


Balance Sheet


Dividend

What is Edison International current dividend yield, its reliability and sustainability?

4.05%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: EIX's dividend (4.05%) is higher than the bottom 25% of dividend payers in the US market (1.37%).

High Dividend: EIX's dividend (4.05%) is in the top 25% of dividend payers in the US market (3.69%)


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 (132.1%), 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?

5.5yrs

Average management tenure


CEO

Pedro Pizarro (55 yo)

5.25yrs

Tenure

US$15,785,999

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 ($USD15.79M) is above average for companies of similar size in the US market ($USD11.11M).

Compensation vs Earnings: Pedro's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: EIX's management team is seasoned and experienced (5.5 years average tenure).


Board Members

Experienced Board: EIX's board of directors are considered experienced (5.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: EIX insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Edison International's 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$24.930b
  • Shares outstanding: 379.91m
  • Website: https://www.edison.com

Number of Employees


Location

  • Edison International
  • 2244 Walnut Grove Avenue
  • PO Box 976
  • Rosemead
  • California
  • 91770
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/02 23:32
End of Day Share Price2021/12/02 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.