NYSEAM:ELLO

Stock Analysis Report

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Market Cap

US$364.8m

Last Updated

2021/06/18 02:40 UTC

Data Sources

Company Financials

Executive Summary

Ellomay Capital Ltd., together with its subsidiaries, produces and sells renewable and clean energy in Israel, Spain, and the Netherlands. More Details


Snowflake Analysis

Worrying balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Ellomay Capital's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ELLO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: ELLO's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

3.1%

ELLO

1.3%

US Renewable Energy

0.2%

US Market


1 Year Return

50.0%

ELLO

36.7%

US Renewable Energy

39.7%

US Market

Return vs Industry: ELLO exceeded the US Renewable Energy industry which returned 36.7% over the past year.

Return vs Market: ELLO exceeded the US Market which returned 39.7% over the past year.


Shareholder returns

ELLOIndustryMarket
7 Day3.1%1.3%0.2%
30 Day0.3%7.3%2.5%
90 Day-2.2%-0.2%5.9%
1 Year50.0%50.0%40.7%36.7%41.9%39.7%
3 Year244.0%244.0%54.7%41.8%59.7%49.8%
5 Year298.9%298.9%155.4%112.1%125.6%100.3%

Long-Term Price Volatility Vs. Market

How volatile is Ellomay Capital's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Ellomay Capital undervalued compared to its fair value and its price relative to the market?

2.61x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ELLO's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ELLO's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

PE vs Market: ELLO 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 ELLO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ELLO's PB Ratio (2.4x) is in line with the US Renewable Energy industry average.


Future Growth

How is Ellomay Capital forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

27.4%

Forecasted Utilities industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ellomay Capital has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Ellomay Capital performed over the past 5 years?

25.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ELLO is currently unprofitable.

Growing Profit Margin: ELLO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ELLO is unprofitable, but has reduced losses over the past 5 years at a rate of 25.5% per year.

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

Earnings vs Industry: ELLO is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-4%).


Return on Equity

High ROE: ELLO has a negative Return on Equity (-4.93%), as it is currently unprofitable.


Financial Health

How is Ellomay Capital's financial position?


Financial Position Analysis

Short Term Liabilities: ELLO's short term assets (€88.0M) exceed its short term liabilities (€45.2M).

Long Term Liabilities: ELLO's short term assets (€88.0M) do not cover its long term liabilities (€290.0M).


Debt to Equity History and Analysis

Debt Level: ELLO's debt to equity ratio (232.3%) is considered high.

Reducing Debt: ELLO's debt to equity ratio has increased from 57.3% to 232.3% over the past 5 years.

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

Interest Coverage: Insufficient data to determine if ELLO's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Ellomay Capital current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ELLO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ELLO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ELLO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ELLO's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: ELLO is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ELLO's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

9.0yrs

Average management tenure


CEO

Ran Fridrich (67 yo)

11.5yrs

Tenure

€175,000

Compensation

Mr. Ran Fridrich is a Principal at Oristan Ltd. Mr. Fridrich is a Partner of Kanir. He has been in investment advising since 2001. He has been Consultant of Capstone Investments, CDO Repackage Program sinc...


Leadership Team

Experienced Management: ELLO's management team is seasoned and experienced (9 years average tenure).


Board Members

Experienced Board: ELLO's board of directors are considered experienced (7.8 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.3%.


Top Shareholders

Company Information

Ellomay Capital Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ellomay Capital Ltd.
  • Ticker: ELLO
  • Exchange: NYSEAM
  • Founded: 1987
  • Industry: Renewable Electricity
  • Sector: Utilities
  • Market Cap: US$364.768m
  • Shares outstanding: 12.84m
  • Website: https://www.ellomay.com

Number of Employees


Location

  • Ellomay Capital Ltd.
  • 18 Rothschild Boulevard
  • 1st Floor
  • Tel Aviv
  • 6688121
  • Israel

Listings


Biography

Ellomay Capital Ltd., together with its subsidiaries, produces and sells renewable and clean energy in Israel, Spain, and the Netherlands. The company owns six photovoltaic (PV) plants comprising four PV p...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/18 02:40
End of Day Share Price2021/06/17 00:00
Earnings2020/12/31
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.