OTCPK:ELEZ.Y

Stock Analysis Report

Executive Summary

Endesa, S.A. engages in the generation, distribution, and sale of electricity primarily in Spain and Portugal.

Snowflake

Fundamentals

Average dividend payer with acceptable track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:ELEZ.Y

-0.3%

US Electric Utilities

-1.0%

US Market


1 Year Return

n/a

OTCPK:ELEZ.Y

11.9%

US Electric Utilities

-0.4%

US Market

No trading data on ELEZ.Y.

No trading data on ELEZ.Y.


Share holder returns

ELEZ.YIndustryMarket
7 Day0%-0.3%-1.0%
30 Day1.4%-0.1%-3.3%
90 Day2.2%4.8%0.8%
1 Yearn/a15.7%11.9%1.9%-0.4%
3 Yearn/a34.2%20.7%39.4%30.4%
5 Year43.0%-28.7%74.6%44.7%54.2%37.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Endesa undervalued based on future cash flows and its price relative to the stock market?

14%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Endesa's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Endesa's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Endesa is good value based on earnings compared to the US Electric Utilities industry average.

Endesa is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Endesa is poor value based on expected growth next year.


Price Based on Value of Assets

Endesa is overvalued based on assets compared to the US Electric Utilities industry average.


Next Steps

Future Growth

How is Endesa expected to perform in the next 1 to 3 years based on estimates from 15 analysts?

2.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Endesa's revenue is expected to grow by 3.6% yearly, however this is not considered high growth (20% yearly).

Endesa's earnings are expected to grow by 2.4% yearly, however this is not considered high growth (20% yearly).

Endesa's revenue growth is positive but not above the United States of America market average.

Endesa's earnings growth is positive but not above the United States of America market average.

Endesa's earnings growth is positive but not above the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Endesa is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Endesa performed over the past 5 years?

26.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Endesa has delivered over 20% year on year earnings growth in the past 5 years.

Endesa's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Endesa's 1-year earnings growth is negative, it can't be compared to the US Electric Utilities industry average.


Return on Equity

Endesa has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Endesa used its assets more efficiently than the US Electric Utilities industry average last year based on Return on Assets.


Return on Capital Employed

Endesa has improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Endesa's financial position?


Financial Position Analysis

Endesa's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Endesa's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Endesa's level of debt (73.1%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (24.5% vs 73.1% today).

Debt is well covered by operating cash flow (40.4%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 17.6x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.9x debt.


Next Steps

Dividend

What is Endesa's current dividend yield, its reliability and sustainability?

5.91%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Endesa's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Endesa's dividend is above the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.9x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.2x coverage).


Next Steps

Management

What is the CEO of Endesa's salary, the management and board of directors tenure and is there insider trading?

5.6yrs

Average management tenure


CEO

José Damián Bogas Gálvez (64yo)

4.8yrs

Tenure

€2,018,000

Compensation

Mr. José Damián Bogas Gálvez has been the Chief Executive Officer and Executive Director at Endesa SA since October 07, 2014. Mr. Bogas Gálvez served as General Manager of Spain and Portugal at Endesa SA s ...


CEO Compensation Analysis

José Damián's remuneration is lower than average for companies of similar size in United States of America.

José Damián's compensation has increased by more than 20% in the past year whilst earnings fell less than 20%.


Management Age and Tenure

5.6yrs

Average Tenure

61yo

Average Age

The average tenure for the Endesa management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

4.8yrs

Average Tenure

66yo

Average Age

The tenure for the Endesa board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • B. de Borja Acha Besga (54yo)

    GM of Legal & Corporate Affairs

  • Esteban Morrás Andrés (61yo)

    Deputy CEO

  • José Luis Oller Ariño

    Customer Ombudsman

    • Compensation: 16.53k
  • Luca Passa

    CFO and GM of Administration

  • Jose Maria Rovira Vilanova

    Chief Executive Officer of Fecsa Endesa

  • Alberto Fernández Torres (64yo)

    General Manager of Communication

    • Tenure: 6.6yrs
  • Andrea Lo Faso (54yo)

    General Manager of People & Organisation

    • Tenure: 5.6yrs
  • José Damián Bogas Gálvez (64yo)

    CEO & Executive Director

    • Tenure: 4.8yrs
    • Compensation: 2.02m
  • Mar Martinez

    Head of Investor Relations

  • Javier Uriarte Monereo (61yo)

    General Manager of Marketing


Board Members

  • Enrico Viale (62yo)

    Director

    • Tenure: 4.8yrs
  • Francesco Starace (64yo)

    Vice Chairman

    • Tenure: 5.2yrs
  • Jorge Rosenblut Ratinoff

    Chairman of Endesa Chile

  • Helena Irene Revoredo Delvecchio (72yo)

    Independent Director

    • Tenure: 4.8yrs
    • Compensation: 222.00k
  • Miquel Roca I Junyent (79yo)

    Lead Independent Director

    • Compensation: 273.00k
  • Juan Guilarte

    Non Executive Chairman of the Board

    • Tenure: 0.3yrs
  • Ignacio Garralda de Velasco Consejero (68yo)

    Independent Director

    • Tenure: 4.3yrs
    • Compensation: 250.00k
  • José Damián Bogas Gálvez (64yo)

    CEO & Executive Director

    • Tenure: 4.8yrs
    • Compensation: 2.02m
  • Alejandro Echevarría Busquet (77yo)

    Independent Director

    • Tenure: 10.2yrs
    • Compensation: 236.00k
  • Alberto de Paoli (54yo)

    Director

    • Tenure: 4.8yrs

Company Information

Endesa, S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Endesa, S.A.
  • Ticker: ELEZ.Y
  • Exchange: OTCPK
  • Founded: 1944
  • Industry: electric utilities
  • Sector: utilities
  • Market Cap: €24.828b
  • Listing Market Cap: €27.550b
  • Shares outstanding: 1.06b
  • Website: Click here

Number of Employees


Location

  • Endesa, S.A.
  • Calle Ribera del Loira, 60
  • Madrid
  • Madrid
  • 28042
  • Spain

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ELEZ.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDFeb 1987
ELEBME (Bolsas y Mercados Espanoles)YesOrdinary SharesESEURFeb 1987
0N9GLSE (London Stock Exchange)YesOrdinary SharesGBEURFeb 1987
ENADB (Deutsche Boerse AG)YesOrdinary SharesDEEURFeb 1987
ELEEBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURFeb 1987
ELEWBAG (Wiener Boerse AG)YesOrdinary SharesATEURFeb 1987
ELEZ.YOTCPK (Pink Sheets LLC)UNSPONSORED ADRUSUSDNov 2011

Biography

Endesa, S.A. engages in the generation, distribution, and sale of electricity primarily in Spain and Portugal. The company generates electricity from various energy sources, such as hydroelectric, nuclear, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/18 00:48
End of Day Share Price2019/08/02 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.