Electricite de France (EDF.PA)

FR0010242511 - Common Stock

12  0 (0%)

Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to EDF. EDF was compared to 16 industry peers in the Electric Utilities industry. Both the profitability and financial health of EDF have multiple concerns. EDF has a decent growth rate and is not valued too expensively.



2

1. Profitability

1.1 Basic Checks

In the past year EDF has reported negative net income.
In the past year EDF has reported a negative cash flow from operations.
EDF had positive earnings in 4 of the past 5 years.
Of the past 5 years EDF 4 years had a positive operating cash flow.

1.2 Ratios

The profitability ratios for EDF are negative, so there is not much use analyzing them.
Industry RankSector Rank
ROA N/A
ROE N/A
ROIC N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A

1.3 Margins

EDF has a better Gross Margin (93.43%) than 88.89% of its industry peers.
In the last couple of years the Gross Margin of EDF has declined.
The Profit Margin and Operating Margin are not available for EDF so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 93.43%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-18.43%
GM growth 5Y-11.08%

0

2. Health

2.1 Basic Checks

EDF does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for EDF has been increased compared to 1 year ago.
Compared to 5 years ago, EDF has more shares outstanding
The debt/assets ratio for EDF is higher compared to a year ago.

2.2 Solvency

Based on the Altman-Z score of 0.42, we must say that EDF is in the distress zone and has some risk of bankruptcy.
EDF's Altman-Z score of 0.42 is on the low side compared to the rest of the industry. EDF is outperformed by 94.44% of its industry peers.
A Debt/Equity ratio of 1.96 is on the high side and indicates that EDF has dependencies on debt financing.
With a Debt to Equity ratio value of 1.96, EDF is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.96
Debt/FCF N/A
Altman-Z 0.42
ROIC/WACCN/A
WACC3.84%

2.3 Liquidity

A Current Ratio of 0.92 indicates that EDF may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.92, EDF is doing worse than 61.11% of the companies in the same industry.
EDF has a Quick Ratio of 0.92. This is a bad value and indicates that EDF is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.80, EDF is not doing good in the industry: 77.78% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 0.92
Quick Ratio 0.8

4

3. Growth

3.1 Past

EDF shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -448.61%.
EDF shows a strong growth in Revenue. In the last year, the Revenue has grown by 69.87%.
The Revenue has been growing by 17.20% on average over the past years. This is quite good.
EPS 1Y (TTM)-448.61%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-1642.35%
Revenue 1Y (TTM)69.87%
Revenue growth 3Y26.22%
Revenue growth 5Y17.2%
Revenue growth Q2Q72.2%

3.2 Future

Based on estimates for the next years, EDF will show a very strong growth in Earnings Per Share. The EPS will grow by 23.34% on average per year.
Based on estimates for the next years, EDF will show a decrease in Revenue. The Revenue will decrease by -0.41% on average per year.
EPS Next Y128.68%
EPS Next 2Y55.07%
EPS Next 3Y32.18%
EPS Next 5Y23.34%
Revenue Next Year-5.02%
Revenue Next 2Y-1.81%
Revenue Next 3Y-2.85%
Revenue Next 5Y-0.41%

3.3 Evolution

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.

4

4. Valuation

4.1 Price/Earnings Ratio

EDF reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 11.79, the valuation of EDF can be described as reasonable.
Based on the Price/Forward Earnings ratio, EDF is valued cheaper than 83.33% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.79. EDF is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE N/A
Fwd PE 11.79

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A

4.3 Compensation for Growth

EDF's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as EDF's earnings are expected to grow with 32.18% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y55.07%
EPS Next 3Y32.18%

0

5. Dividend

5.1 Amount

No dividends for EDF!.
Industry RankSector Rank
Dividend Yield 0%

Electricite de France

EPA:EDF (5/17/2023, 7:00:00 PM)

12

0 (0%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap48.00B
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 0%
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 11.79
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA N/A
ROE N/A
ROCE
ROIC
ROICexc
ROICexgc
OM N/A
PM (TTM) N/A
GM 93.43%
FCFM
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.37
Health
Industry RankSector Rank
Debt/Equity 1.96
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 0.92
Quick Ratio 0.8
Altman-Z
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-448.61%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y128.68%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)69.87%
Revenue growth 3Y26.22%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y