How does EDRV.Y's PE Ratio compare to its peers?

EDRV.Y is expensive based on its Price-To-Earnings Ratio (134.5x) compared to the peer average (48x).

How does EDRV.Y's PE Ratio compare vs other companies in the North American Renewable Energy Industry?

EDRV.Y is expensive based on its Price-To-Earnings Ratio (134.5x) compared to the Global Renewable Energy industry average (15.2x).

What is EDRV.Y's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate EDRV.Y's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of EDRV.Y when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

EDRV.Y ($21.12) is trading above our estimate of [[fair value]] ($7.21)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

EDRV.Y Stock Overview

A renewable energy company, plans, constructs, operates, and maintains electricity power stations. More details

EDRV.Y fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	4/6
Past Performance	1/6
Financial Health	0/6
Dividends	3/6

Rewards

Earnings are forecast to grow 32.71% per year

Risk Analysis

Interest payments are not well covered by earnings

Shares are highly illiquid

Dividend of 2.1% is not well covered by free cash flows

Profit margins (3.6%) are lower than last year (31.4%)

My Notes

Capture your thoughts, links and company narrative

EDP Renováveis, S.A. Competitors

Clearway Energy

NYSE:CWEN.A

US$5.2b

Ormat Technologies

NYSE:ORA

US$4.1b

ReNew Energy Global

NasdaqGS:RNW

US$2.5b

Montauk Renewables

NasdaqCM:MNTK

US$609.1m

Price History & Performance

Summary of share price highs, lows and changes for EDP Renováveis
Historical stock prices
Current Share Price	€21.12
52 Week High	€33.89
52 Week Low	€20.01
Beta	0.74
1 Month Change	-4.35%
3 Month Change	-28.02%
1 Year Change	n/a
3 Year Change	-52.89%
5 Year Change	n/a
Change since IPO	67.24%

Recent updates

Shareholder Returns

	EDRV.Y	US Renewable Energy	US Market
7D	0%	2.1%	3.2%
1Y	n/a	90.7%	24.2%

Return vs Industry: Insufficient data to determine how EDRV.Y performed against the US Renewable Energy industry.

Return vs Market: Insufficient data to determine how EDRV.Y performed against the US Market.

Price Volatility

Is EDRV.Y's price volatile compared to industry and market?
EDRV.Y volatility
EDRV.Y Average Weekly Movement	n/a
Renewable Energy Industry Average Movement	8.3%
Market Average Movement	6.5%
10% most volatile stocks in US Market	18.9%
10% least volatile stocks in US Market	3.2%

Stable Share Price: EDRV.Y's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine EDRV.Y's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2007	2,962	Miguel d' Andrade	www.edpr.com

EDP Renováveis, S.A., a renewable energy company, plans, constructs, operates, and maintains electricity power stations. The company operates wind and solar farms. As of December 31, 2023, it had an installed capacity of 6,891 megawatts in the United States; 2,042 megawatts in Spain; 1,413 megawatts in Portugal; 1,165 megawatts in Brazil; 798 megawatts in Poland; 521 megawatts in Romania; 496 megawatts in Mexico; 427 megawatts in Canada; 412 megawatts in Italy; 402 megawatts in Vietnam; 315 megawatts in Singapore; 244 megawatts in France; 123 megawatts in China; 83 megawatts in Chile; 80 megawatts in Greece; 43 megawatts in Taiwan; 11 megawatts in Belgium; 9 megawatts in the Netherlands; 7 megawatts in Thailand; and 5 megawatts in the United Kingdom.

EDP Renováveis, S.A. Fundamentals Summary

How do EDP Renováveis's earnings and revenue compare to its market cap?
EDRV.Y fundamental statistics
Market cap	US$10.23b
Earnings (TTM)	US$76.06m
Revenue (TTM)	US$2.10b

134.5x

P/E Ratio

4.9x

P/S Ratio

Is EDRV.Y overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EDRV.Y income statement (TTM)
Revenue	€2.04b
Cost of Revenue	€467.86m
Gross Profit	€1.58b
Other Expenses	€1.50b
Earnings	€74.01m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.071
Gross Margin	77.12%
Net Profit Margin	3.62%
Debt/Equity Ratio	67.8%

How did EDRV.Y perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

47%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/19 13:24
End of Day Share Price	2024/12/31 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

EDP Renováveis, S.A. is covered by 54 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	Ardour Capital Investments, LLC
Alexandre Koller	Arkeon Finance
Pedro Alves	Banco BPI, S.A.

EDRV.Y Stock Overview

Rewards

Risk Analysis

EDP Renováveis, S.A. Competitors

NYSE:CWEN.A

US$5.2b

NYSE:ORA

US$4.1b

NasdaqGS:RNW

US$2.5b

NasdaqCM:MNTK

US$609.1m

Price History & Performance

Recent News & Updates

EDP Renováveis, S.A. (ENXTLS:EDPR) completed the acquisition of 49% stake in 970-MW portfolio of wind farms in Portugal, Poland and Italy from ACE Investment Fund II LP and ACE Investment Fund I LP for €580 million.

EDP Renováveis, S.A. Appoints Laurie Fitch as Non-Executive Director and Member

Connor, Clark & Lunn Infrastructure Ltd. completed the acquisition of an 80% stake in 297 megawatt (MW) wind farm in Alberta, Canada from EDP Renováveis, S.A. (ENXTLS:EDPR) for enterprise value of approximately CAD 700 million.

EDP Renováveis, S.A., Annual General Meeting, Apr 04, 2024

Eni New Energy US Inc. entered into an agreement to acquire 80% equity stake in Three Photovoltaic Plants in US. from EDP Renováveis, S.A. (ENXTLS:EDPR).

ORLEN Wind 3 Sp. z o.o. completed the acquisition of 300 MW RENEWABLES PORTFOLIO from EDP Renováveis, S.A. (ENXTLS:EDPR) for enterprise value of PLN 2.2 billion.

Recent updates

EDP Renováveis, S.A. (ENXTLS:EDPR) completed the acquisition of 49% stake in 970-MW portfolio of wind farms in Portugal, Poland and Italy from ACE Investment Fund II LP and ACE Investment Fund I LP for €580 million.

EDP Renováveis, S.A. Appoints Laurie Fitch as Non-Executive Director and Member

Connor, Clark & Lunn Infrastructure Ltd. completed the acquisition of an 80% stake in 297 megawatt (MW) wind farm in Alberta, Canada from EDP Renováveis, S.A. (ENXTLS:EDPR) for enterprise value of approximately CAD 700 million.

EDP Renováveis, S.A., Annual General Meeting, Apr 04, 2024

Eni New Energy US Inc. entered into an agreement to acquire 80% equity stake in Three Photovoltaic Plants in US. from EDP Renováveis, S.A. (ENXTLS:EDPR).

ORLEN Wind 3 Sp. z o.o. completed the acquisition of 300 MW RENEWABLES PORTFOLIO from EDP Renováveis, S.A. (ENXTLS:EDPR) for enterprise value of PLN 2.2 billion.

Statkraft AS signed an agreement to acquire a portfolio of 260 MW wind farms in Brazil from EDP Renováveis, S.A. (ENXTLS:EDPR) for NOK 3.5 billion.

Statkraft Energias Renováveis S.A. signed an agreement to acquire Two operational wind farms in Jerusalém and Boqueirão from EDP Renováveis, S.A. (ENXTLS:EDPR).

ORLEN WIND 3 acquired 300 MW RENEWABLES PORTFOLIO from EDP Renováveis, S.A. (ENXTLS:EDPR) for PLN 2.2 billion.

EDP Renováveis, S.A. to Report Q1, 2023 Results on May 03, 2023

EDP Renováveis, S.A. (ENXTLS:EDPR) acquired 70% stake in Kronos Solar Projects Gmbh.

EDP Renováveis, S.A. (ENXTLS:EDPR) completed the acquisition of 200 MW of solar parks in Vietnam from Xuan Thien Group.

China Three Gorges Renewables (Group) Co.,Ltd. (SHSE:600905) completed the acquisition of 181 MW Operating Wind Portfolio from EDP Renováveis, S.A. (ENXTLS:EDPR) for an enterprise value of approximately €310 million.

EDP Renováveis, S.A. (ENXTLS:EDPR) agreed to acquire 200 MW of solar parks in Vietnam from Xuan Thien Group for $284 million.

EDP Renováveis, S.A. (ENXTLS:EDPR) acquired BETA WIND SRL for $136 million.

EDP Renováveis, S.A., Annual General Meeting, Mar 31, 2022

EDP Renováveis, S.A. (ENXTLS:EDPR) acquired 87.4% stake in Sunseap Group Pte. Ltd. from ISOTeam Ltd. (Catalist:5WF), Abc World Asia Pte Ltd and others for transaction valued at SGD 1.1 billion.

EDP Renováveis, S.A. to Report Fiscal Year 2021 Results on Feb 16, 2022

EDP Ventures and EDP Renováveis, S.A. (ENXTLS:EDPR) agreed to acquire an unknown minority stake in Principle Power, Inc. from Aker Offshore Wind AS (OB:AOW).

Onex Renewables S.a.r.l. completed the acquisition of Three wind farms in Portugal from EDP Renováveis, S.A. (ENXTLS:EDPR).