IBERDROLA SA (1IBE.MI) Stock Fundamental Analysis
BIT:1IBE - Euronext Milan - ES0144580Y14 - Common Stock - Currency: EUR
Taking everything into account, 1IBE scores 4 out of 10 in our fundamental rating. 1IBE was compared to 17 industry peers in the Electric Utilities industry. 1IBE has a medium profitability rating, but doesn't score so well on its financial health evaluation. 1IBE is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year 1IBE was profitable.
In the past year 1IBE had a positive cash flow from operations.
1IBE had positive earnings in each of the past 5 years.
1IBE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
1IBE has a Return On Assets (3.55%) which is in line with its industry peers.
1IBE's Return On Equity of 11.91% is in line compared to the rest of the industry. 1IBE outperforms 55.00% of its industry peers.
1IBE has a Return On Invested Capital (5.55%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for 1IBE is below the industry average of 8.31%.
The 3 year average ROIC (5.50%) for 1IBE is below the current ROIC(5.55%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.55% | ||
| ROE | 11.91% | ||
| ROIC | 5.55% |
ROA(3y)3.18%
ROA(5y)3.05%
ROE(3y)11.2%
ROE(5y)10.68%
ROIC(3y)5.5%
ROIC(5y)5%
1.3 Margins
1IBE has a Profit Margin of 12.54%. This is in the better half of the industry: 1IBE outperforms 65.00% of its industry peers.
In the last couple of years the Profit Margin of 1IBE has grown nicely.
1IBE's Operating Margin of 21.75% is in line compared to the rest of the industry. 1IBE outperforms 55.00% of its industry peers.
1IBE's Operating Margin has improved in the last couple of years.
The Gross Margin of 1IBE (46.19%) is comparable to the rest of the industry.
1IBE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.75% | ||
| PM (TTM) | 12.54% | ||
| GM | 46.19% |
OM growth 3Y10.24%
OM growth 5Y9.44%
PM growth 3Y8.09%
PM growth 5Y6.06%
GM growth 3Y6.77%
GM growth 5Y3.58%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 1IBE is destroying value.
Compared to 1 year ago, 1IBE has less shares outstanding
The number of shares outstanding for 1IBE has been reduced compared to 5 years ago.
The debt/assets ratio for 1IBE is higher compared to a year ago.
2.2 Solvency
1IBE has an Altman-Z score of 1.36. This is a bad value and indicates that 1IBE is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.36, 1IBE is in the better half of the industry, outperforming 65.00% of the companies in the same industry.
The Debt to FCF ratio of 1IBE is 16.14, which is on the high side as it means it would take 1IBE, 16.14 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 16.14, 1IBE is in the better half of the industry, outperforming 70.00% of the companies in the same industry.
1IBE has a Debt/Equity ratio of 1.01. This is a high value indicating a heavy dependency on external financing.
1IBE has a Debt to Equity ratio of 1.01. This is in the better half of the industry: 1IBE outperforms 65.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.01 | ||
| Debt/FCF | 16.14 | ||
| Altman-Z | 1.36 |
ROIC/WACC0.88
WACC6.31%
2.3 Liquidity
1IBE has a Current Ratio of 0.69. This is a bad value and indicates that 1IBE is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of 1IBE (0.69) is worse than 80.00% of its industry peers.
A Quick Ratio of 0.58 indicates that 1IBE may have some problems paying its short term obligations.
1IBE's Quick ratio of 0.58 is on the low side compared to the rest of the industry. 1IBE is outperformed by 70.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.69 | ||
| Quick Ratio | 0.58 |
3. Growth
3.1 Past
1IBE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -16.49%.
The Earnings Per Share has been growing by 11.43% on average over the past years. This is quite good.
The Revenue has decreased by -3.50% in the past year.
Measured over the past years, 1IBE shows a small growth in Revenue. The Revenue has been growing by 4.19% on average per year.
EPS 1Y (TTM)-16.49%
EPS 3Y15.45%
EPS 5Y11.43%
EPS Q2Q%-22.89%
Revenue 1Y (TTM)-3.5%
Revenue growth 3Y4.58%
Revenue growth 5Y4.19%
Sales Q2Q%1.47%
3.2 Future
Based on estimates for the next years, 1IBE will show a small growth in Earnings Per Share. The EPS will grow by 4.62% on average per year.
The Revenue is expected to grow by 2.44% on average over the next years.
EPS Next Y11.52%
EPS Next 2Y8.44%
EPS Next 3Y8.09%
EPS Next 5Y4.62%
Revenue Next Year2.34%
Revenue Next 2Y2.34%
Revenue Next 3Y2.82%
Revenue Next 5Y2.44%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
1IBE is valuated rather expensively with a Price/Earnings ratio of 21.51.
Based on the Price/Earnings ratio, 1IBE is valued a bit more expensive than the industry average as 75.00% of the companies are valued more cheaply.
1IBE is valuated rather cheaply when we compare the Price/Earnings ratio to 28.05, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 16.22, the valuation of 1IBE can be described as correct.
The rest of the industry has a similar Price/Forward Earnings ratio as 1IBE.
The average S&P500 Price/Forward Earnings ratio is at 37.67. 1IBE is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.51 | ||
| Fwd PE | 16.22 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as 1IBE.
Based on the Price/Free Cash Flow ratio, 1IBE is valued a bit cheaper than 70.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.7 | ||
| EV/EBITDA | 8.68 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates 1IBE does not grow enough to justify the current Price/Earnings ratio.
1IBE has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.87
PEG (5Y)1.88
EPS Next 2Y8.44%
EPS Next 3Y8.09%
5. Dividend
5.1 Amount
1IBE has a Yearly Dividend Yield of 3.33%.
1IBE's Dividend Yield is comparable with the industry average which is at 4.33.
Compared to an average S&P500 Dividend Yield of 2.32, 1IBE pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.33% |
5.2 History
On average, the dividend of 1IBE grows each year by 32.04%, which is quite nice.
Dividend Growth(5Y)32.04%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
20.78% of the earnings are spent on dividend by 1IBE. This is a low number and sustainable payout ratio.
1IBE's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP20.78%
EPS Next 2Y8.44%
EPS Next 3Y8.09%
BIT:1IBE (7/4/2025, 7:00:00 PM)
15.92
-0.44 (-2.72%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners40.24%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap101.89B
Analysts70.32
Price Target15.81 (-0.69%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.33% |
Yearly Dividend0.18
Dividend Growth(5Y)32.04%
DP20.78%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-25.45%
Min EPS beat(2)-80.16%
Max EPS beat(2)29.26%
EPS beat(4)3
Avg EPS beat(4)11.1%
Min EPS beat(4)-80.16%
Max EPS beat(4)75.88%
EPS beat(8)7
Avg EPS beat(8)12.58%
EPS beat(12)9
Avg EPS beat(12)11.89%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-19.11%
Min Revenue beat(2)-24.89%
Max Revenue beat(2)-13.33%
Revenue beat(4)1
Avg Revenue beat(4)-11.25%
Min Revenue beat(4)-24.89%
Max Revenue beat(4)1.8%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)1.21%
PT rev (3m)6.64%
EPS NQ rev (1m)-2.01%
EPS NQ rev (3m)-2.01%
EPS NY rev (1m)0%
EPS NY rev (3m)0.78%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.51 | ||
| Fwd PE | 16.22 | ||
| P/S | 2.28 | ||
| P/FCF | 28.7 | ||
| P/OCF | 8.54 | ||
| P/B | 2.16 | ||
| P/tB | 3.79 | ||
| EV/EBITDA | 8.68 |
EPS(TTM)0.74
EY4.65%
EPS(NY)0.98
Fwd EY6.17%
FCF(TTM)0.55
FCFY3.48%
OCF(TTM)1.86
OCFY11.7%
SpS6.99
BVpS7.36
TBVpS4.2
PEG (NY)1.87
PEG (5Y)1.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.55% | ||
| ROE | 11.91% | ||
| ROCE | 7.59% | ||
| ROIC | 5.55% | ||
| ROICexc | 5.78% | ||
| ROICexgc | 6.89% | ||
| OM | 21.75% | ||
| PM (TTM) | 12.54% | ||
| GM | 46.19% | ||
| FCFM | 7.93% |
ROA(3y)3.18%
ROA(5y)3.05%
ROE(3y)11.2%
ROE(5y)10.68%
ROIC(3y)5.5%
ROIC(5y)5%
ROICexc(3y)5.76%
ROICexc(5y)5.23%
ROICexgc(3y)6.89%
ROICexgc(5y)6.28%
ROCE(3y)7.53%
ROCE(5y)6.84%
ROICexcg growth 3Y11.25%
ROICexcg growth 5Y8.32%
ROICexc growth 3Y11.81%
ROICexc growth 5Y9.34%
OM growth 3Y10.24%
OM growth 5Y9.44%
PM growth 3Y8.09%
PM growth 5Y6.06%
GM growth 3Y6.77%
GM growth 5Y3.58%
F-Score6
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.01 | ||
| Debt/FCF | 16.14 | ||
| Debt/EBITDA | 2.77 | ||
| Cap/Depr | 112.99% | ||
| Cap/Sales | 18.72% | ||
| Interest Coverage | 3.95 | ||
| Cash Conversion | 69.57% | ||
| Profit Quality | 63.26% | ||
| Current Ratio | 0.69 | ||
| Quick Ratio | 0.58 | ||
| Altman-Z | 1.36 |
F-Score6
WACC6.31%
ROIC/WACC0.88
Cap/Depr(3y)124.06%
Cap/Depr(5y)126.79%
Cap/Sales(3y)15.76%
Cap/Sales(5y)16.52%
Profit Quality(3y)78.69%
Profit Quality(5y)67.15%
High Growth Momentum
Growth
EPS 1Y (TTM)-16.49%
EPS 3Y15.45%
EPS 5Y11.43%
EPS Q2Q%-22.89%
EPS Next Y11.52%
EPS Next 2Y8.44%
EPS Next 3Y8.09%
EPS Next 5Y4.62%
Revenue 1Y (TTM)-3.5%
Revenue growth 3Y4.58%
Revenue growth 5Y4.19%
Sales Q2Q%1.47%
Revenue Next Year2.34%
Revenue Next 2Y2.34%
Revenue Next 3Y2.82%
Revenue Next 5Y2.44%
EBIT growth 1Y8.43%
EBIT growth 3Y15.29%
EBIT growth 5Y14.03%
EBIT Next Year63.34%
EBIT Next 3Y22.03%
EBIT Next 5Y13.38%
FCF growth 1Y-16.53%
FCF growth 3Y44.04%
FCF growth 5Y21.6%
OCF growth 1Y-1.69%
OCF growth 3Y13.73%
OCF growth 5Y11.52%