Ellomay Capital
Market Cap
US$415.6m
Last Updated
2021/03/04 00:44 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
Questionable track record and overvalued.
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 +/- 8% a week.
Volatility Over Time: ELLO's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
10.5%
ELLO
-12.6%
US Renewable Energy
-3.4%
US Market
1 Year Return
84.3%
ELLO
24.6%
US Renewable Energy
29.4%
US Market
Return vs Industry: ELLO exceeded the US Renewable Energy industry which returned 31.7% over the past year.
Return vs Market: ELLO exceeded the US Market which returned 36.6% over the past year.
Shareholder returns
| ELLO | Industry | Market | |
|---|---|---|---|
| 7 Day | 10.5% | -12.6% | -3.4% |
| 30 Day | 1.2% | -10.0% | 0.6% |
| 90 Day | -1.9% | 7.5% | 6.3% |
| 1 Year | 84.3%84.3% | 28.5%24.6% | 32.2%29.4% |
| 3 Year | 250.3%250.3% | 70.7%56.9% | 51.3%41.7% |
| 5 Year | 266.3%263.7% | 180.6%132.7% | 119.6%95.2% |
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
1 month ago | Simply Wall St
Do Insiders Own Lots Of Shares In Ellomay Capital Ltd. (NYSEMKT:ELLO)?1 month ago | Simply Wall St
If You Had Bought Ellomay Capital (NYSEMKT:ELLO) Stock Five Years Ago, You Could Pocket A 306% Gain Today2 months ago | Simply Wall St
We Wouldn't Rely On Ellomay Capital's (NYSEMKT:ELLO) Statutory Earnings As A GuideValuation
Is Ellomay Capital undervalued compared to its fair value and its price relative to the market?
33.42x
Price to Earnings (PE) 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 good value based on its PE Ratio (32x) compared to the US Renewable Energy industry average (59.8x).
PE vs Market: ELLO is poor value based on its PE Ratio (32x) compared to the US market (21.4x).
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 (2.8x) is in line with the US Renewable Energy industry average.
Next Steps
Future Growth
How is Ellomay Capital forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
37.8%
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.
Next Steps
- Take a look at our analysis of ELLO’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Ellomay Capital competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Utilities industry.
Past Performance
How has Ellomay Capital performed over the past 5 years?
24.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ELLO has a high level of non-cash earnings.
Growing Profit Margin: ELLO became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ELLO's earnings have grown significantly by 24% per year over the past 5 years.
Accelerating Growth: ELLO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ELLO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-62.3%).
Return on Equity
High ROE: ELLO's Return on Equity (6.2%) is considered low.
Next Steps
Financial Health
How is Ellomay Capital's financial position?
Financial Position Analysis
Short Term Liabilities: ELLO's short term assets (€70.0M) exceed its short term liabilities (€29.4M).
Long Term Liabilities: ELLO's short term assets (€70.0M) do not cover its long term liabilities (€239.1M).
Debt to Equity History and Analysis
Debt Level: ELLO's debt to equity ratio (179.8%) is considered high.
Reducing Debt: ELLO's debt to equity ratio has increased from 60.9% to 179.8% 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
Next Steps
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?
8.8yrs
Average management tenure
CEO
Ran Fridrich (67 yo)
11.25yrs
Tenure
€93,000
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 11.25yrs | €93.00k | no data | |
| Chief Financial Officer | 12.17yrs | €265.00k | no data | |
| Chief Investment Officer | 6.33yrs | €353.00k | no data | |
| Director of Operations for Israel & EVP of Business Development | 1.92yrs | €373.24k | no data |
8.8yrs
Average Tenure
42.5yo
Average Age
Experienced Management: ELLO's management team is seasoned and experienced (8.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 11.25yrs | €93.00k | no data | |
| Independent Director | 2.17yrs | no data | 0% € 0 | |
| Independent External Director | 0.25yr | no data | no data | |
| Independent Director | 9.25yrs | no data | 0% € 0 | |
| Chairman | 13yrs | €186.00k | 27.95% € 116.2m | |
| Director | 13yrs | no data | 0% € 0 | |
| Director | 0.33yr | no data | no data |
9.3yrs
Average Tenure
65yo
Average Age
Experienced Board: ELLO's board of directors are considered experienced (9.3 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: AMEX
- Founded: 1987
- Industry: Renewable Electricity
- Sector: Utilities
- Market Cap: US$415.612m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ELLO | AMEX (NYSE MKT LLC) | Yes | Ordinary Shares | US | USD | Oct 1995 |
| ELLO | TASE (The Tel-Aviv Stock Exchange) | Yes | Ordinary Shares | IL | ILS | Oct 1995 |
Biography
Ellomay Capital Ltd., together with its subsidiaries, produces and sells renewable and clean energy in Israel, Spain, and the Netherlands. The company owns five photovoltaic (PV) plants comprising four PV ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/04 00:44 |
| End of Day Share Price | 2021/03/03 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.