ELIA GROUP SA/NV (ELI.BR) Stock Fundamental Analysis
EBR:ELI - Euronext Brussels - BE0003822393 - Common Stock - Currency: EUR
Overall ELI gets a fundamental rating of 3 out of 10. We evaluated ELI against 17 industry peers in the Electric Utilities industry. Both the profitability and financial health of ELI have multiple concerns. ELI is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
ELI had positive earnings in the past year.
In the past year ELI had a positive cash flow from operations.
Each year in the past 5 years ELI has been profitable.
The reported operating cash flow has been mixed in the past 5 years: ELI reported negative operating cash flow in multiple years.
1.2 Ratios
ELI has a worse Return On Assets (1.69%) than 70.59% of its industry peers.
With a Return On Equity value of 7.58%, ELI is not doing good in the industry: 64.71% of the companies in the same industry are doing better.
ELI has a Return On Invested Capital of 2.94%. This is in the lower half of the industry: ELI underperforms 76.47% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ELI is significantly below the industry average of 8.31%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.69% | ||
| ROE | 7.58% | ||
| ROIC | 2.94% |
ROA(3y)1.67%
ROA(5y)1.64%
ROE(3y)6.79%
ROE(5y)6.49%
ROIC(3y)2.94%
ROIC(5y)2.96%
1.3 Margins
ELI's Profit Margin of 11.18% is fine compared to the rest of the industry. ELI outperforms 64.71% of its industry peers.
ELI's Profit Margin has been stable in the last couple of years.
The Operating Margin of ELI (23.29%) is better than 76.47% of its industry peers.
In the last couple of years the Operating Margin of ELI has remained more or less at the same level.
ELI has a Gross Margin of 50.20%. This is comparable to the rest of the industry: ELI outperforms 58.82% of its industry peers.
In the last couple of years the Gross Margin of ELI has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.29% | ||
| PM (TTM) | 11.18% | ||
| GM | 50.2% |
OM growth 3Y6.02%
OM growth 5Y-1.05%
PM growth 3Y1.12%
PM growth 5Y-0.28%
GM growth 3Y4.99%
GM growth 5Y-1.62%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ELI is destroying value.
The number of shares outstanding for ELI remains at a similar level compared to 1 year ago.
ELI has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, ELI has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.74, we must say that ELI is in the distress zone and has some risk of bankruptcy.
ELI has a worse Altman-Z score (0.74) than 82.35% of its industry peers.
ELI has a Debt/Equity ratio of 2.51. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 2.51, ELI is not doing good in the industry: 82.35% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.51 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.74 |
ROIC/WACC0.67
WACC4.41%
2.3 Liquidity
ELI has a Current Ratio of 0.91. This is a bad value and indicates that ELI is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.91, ELI perfoms like the industry average, outperforming 47.06% of the companies in the same industry.
A Quick Ratio of 0.85 indicates that ELI may have some problems paying its short term obligations.
ELI has a Quick ratio (0.85) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.85 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 26.32% over the past year.
Measured over the past 5 years, ELI shows a small growth in Earnings Per Share. The EPS has been growing by 6.91% on average per year.
ELI shows a decrease in Revenue. In the last year, the revenue decreased by -1.97%.
ELI shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.93% yearly.
EPS 1Y (TTM)26.32%
EPS 3Y10.74%
EPS 5Y6.91%
EPS Q2Q%48.18%
Revenue 1Y (TTM)-1.97%
Revenue growth 3Y13.87%
Revenue growth 5Y10.93%
Sales Q2Q%6.03%
3.2 Future
ELI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.97% yearly.
The Revenue is expected to grow by 14.67% on average over the next years. This is quite good.
EPS Next Y3.09%
EPS Next 2Y7.68%
EPS Next 3Y10.31%
EPS Next 5Y12.97%
Revenue Next Year14.45%
Revenue Next 2Y19.63%
Revenue Next 3Y19.49%
Revenue Next 5Y14.67%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 18.95, ELI is valued on the expensive side.
ELI's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.93, ELI is valued a bit cheaper.
A Price/Forward Earnings ratio of 20.28 indicates a rather expensive valuation of ELI.
Based on the Price/Forward Earnings ratio, ELI is valued a bit more expensive than the industry average as 64.71% of the companies are valued more cheaply.
ELI is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 37.78, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.95 | ||
| Fwd PE | 20.28 |
4.2 Price Multiples
70.59% of the companies in the same industry are cheaper than ELI, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 16.18 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)6.13
PEG (5Y)2.74
EPS Next 2Y7.68%
EPS Next 3Y10.31%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.42%, ELI has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.33, ELI is paying slightly less dividend.
Compared to the average S&P500 Dividend Yield of 2.32, ELI is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.42% |
5.2 History
The dividend of ELI has a limited annual growth rate of 4.05%.
Dividend Growth(5Y)4.05%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
ELI pays out 34.73% of its income as dividend. This is a sustainable payout ratio.
ELI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP34.73%
EPS Next 2Y7.68%
EPS Next 3Y10.31%
EBR:ELI (7/29/2025, 5:29:26 PM)
102.9
-1.9 (-1.81%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners13.33%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap11.22B
Analysts83.33
Price Target111.36 (8.22%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.42% |
Yearly Dividend1.89
Dividend Growth(5Y)4.05%
DP34.73%
Div Incr Years6
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
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)4.63%
PT rev (3m)11.66%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.95 | ||
| Fwd PE | 20.28 | ||
| P/S | 2.98 | ||
| P/FCF | N/A | ||
| P/OCF | 11.89 | ||
| P/B | 2.02 | ||
| P/tB | 4.35 | ||
| EV/EBITDA | 16.18 |
EPS(TTM)5.43
EY5.28%
EPS(NY)5.07
Fwd EY4.93%
FCF(TTM)-34.21
FCFYN/A
OCF(TTM)8.66
OCFY8.41%
SpS34.54
BVpS50.94
TBVpS23.65
PEG (NY)6.13
PEG (5Y)2.74
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.69% | ||
| ROE | 7.58% | ||
| ROCE | 4.16% | ||
| ROIC | 2.94% | ||
| ROICexc | 3.25% | ||
| ROICexgc | 3.86% | ||
| OM | 23.29% | ||
| PM (TTM) | 11.18% | ||
| GM | 50.2% | ||
| FCFM | N/A |
ROA(3y)1.67%
ROA(5y)1.64%
ROE(3y)6.79%
ROE(5y)6.49%
ROIC(3y)2.94%
ROIC(5y)2.96%
ROICexc(3y)3.56%
ROICexc(5y)3.54%
ROICexgc(3y)4.52%
ROICexgc(5y)4.55%
ROCE(3y)4.17%
ROCE(5y)4.19%
ROICexcg growth 3Y-6.4%
ROICexcg growth 5Y-9.25%
ROICexc growth 3Y-2.45%
ROICexc growth 5Y-6.12%
OM growth 3Y6.02%
OM growth 5Y-1.05%
PM growth 3Y1.12%
PM growth 5Y-0.28%
GM growth 3Y4.99%
GM growth 5Y-1.62%
F-Score7
Asset Turnover0.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.51 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 9.34 | ||
| Cap/Depr | 755.76% | ||
| Cap/Sales | 124.13% | ||
| Interest Coverage | 3.67 | ||
| Cash Conversion | 63.12% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.85 | ||
| Altman-Z | 0.74 |
F-Score7
WACC4.41%
ROIC/WACC0.67
Cap/Depr(3y)492.24%
Cap/Depr(5y)397.61%
Cap/Sales(3y)75.93%
Cap/Sales(5y)64.92%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)26.32%
EPS 3Y10.74%
EPS 5Y6.91%
EPS Q2Q%48.18%
EPS Next Y3.09%
EPS Next 2Y7.68%
EPS Next 3Y10.31%
EPS Next 5Y12.97%
Revenue 1Y (TTM)-1.97%
Revenue growth 3Y13.87%
Revenue growth 5Y10.93%
Sales Q2Q%6.03%
Revenue Next Year14.45%
Revenue Next 2Y19.63%
Revenue Next 3Y19.49%
Revenue Next 5Y14.67%
EBIT growth 1Y36.72%
EBIT growth 3Y20.72%
EBIT growth 5Y9.77%
EBIT Next Year130.27%
EBIT Next 3Y51.9%
EBIT Next 5Y35.02%
FCF growth 1Y2.39%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y162.56%
OCF growth 3Y-37.96%
OCF growth 5Y67.65%