IBERDROLA SA (1IBE.MI) Stock Fundamental Analysis
BIT:1IBE - Euronext Milan - ES0144580Y14 - Common Stock - Currency: EUR
Overall 1IBE gets a fundamental rating of 4 out of 10. We evaluated 1IBE against 16 industry peers in the Electric Utilities industry. While 1IBE is still in line with the averages on profitability rating, there are concerns on its financial health. 1IBE has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
1IBE had positive earnings in the past year.
1IBE had a positive operating cash flow in the past year.
1IBE had positive earnings in each of the past 5 years.
Each year in the past 5 years 1IBE had a positive operating cash flow.
1.2 Ratios
The Return On Assets of 1IBE (3.55%) is comparable to the rest of the industry.
1IBE has a Return On Equity of 11.91%. This is comparable 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 8.82%.
The last Return On Invested Capital (5.55%) for 1IBE is above the 3 year average (5.50%), which is a sign of increasing profitability.
| 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
The Profit Margin of 1IBE (12.54%) is better than 65.00% of its industry peers.
In the last couple of years the Profit Margin of 1IBE has grown nicely.
With a Operating Margin value of 21.75%, 1IBE perfoms like the industry average, outperforming 55.00% of the companies in the same industry.
In the last couple of years the Operating Margin of 1IBE has grown nicely.
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.
1IBE has less shares outstanding than it did 1 year ago.
The number of shares outstanding for 1IBE has been reduced compared to 5 years ago.
Compared to 1 year ago, 1IBE has a worse debt to assets ratio.
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.
With a decent Altman-Z score value of 1.36, 1IBE is doing good in 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.
With a decent Debt to FCF ratio value of 16.14, 1IBE is doing good in 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.
1IBE has a worse Current ratio (0.69) 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
The earnings per share for 1IBE have decreased strongly by -16.49% in the last year.
1IBE shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.43% yearly.
The Revenue has decreased by -3.50% in the past year.
1IBE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.19% yearly.
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
1IBE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.62% yearly.
Based on estimates for the next years, 1IBE will show a small growth in Revenue. The Revenue will grow by 2.44% on average per year.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
A Price/Earnings ratio of 21.51 indicates a rather expensive valuation of 1IBE.
Based on the Price/Earnings ratio, 1IBE is valued a bit more expensive than 75.00% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 28.04, 1IBE is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 16.22, the valuation of 1IBE can be described as correct.
1IBE's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of 1IBE to the average of the S&P500 Index (37.64), we can say 1IBE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.51 | ||
| Fwd PE | 16.22 |
4.2 Price Multiples
1IBE's Enterprise Value to EBITDA is on the same level as the industry average.
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 an expensive valuation of the company.
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%. Purely for dividend investing, there may be better candidates out there.
1IBE's Dividend Yield is comparable with the industry average which is at 4.20.
Compared to an average S&P500 Dividend Yield of 2.35, 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
1IBE pays out 20.78% of its income as dividend. This is a 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%