ELIA GROUP SA/NV (ELI.BR) Stock Fundamental Analysis
EBR:ELI - Euronext Brussels - BE0003822393 - Common Stock - Currency: EUR
We assign a fundamental rating of 3 out of 10 to ELI. ELI was compared to 17 industry peers in the Electric Utilities industry. There are concerns on the financial health of ELI while its profitability can be described as average. ELI is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year ELI was profitable.
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
Looking at the Return On Assets, with a value of 1.69%, ELI is doing worse than 70.59% of the companies in the same industry.
ELI has a worse Return On Equity (7.58%) than 64.71% of its industry peers.
The Return On Invested Capital of ELI (2.94%) is worse than 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 8.47%.
| 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 has a better Profit Margin (11.18%) than 64.71% of its industry peers.
ELI's Profit Margin has been stable in the last couple of years.
With an excellent Operating Margin value of 23.29%, ELI belongs to the best of the industry, outperforming 82.35% of the companies in the same industry.
ELI's Operating Margin has been stable in the last couple of years.
ELI's Gross Margin of 50.20% is fine compared to the rest of the industry. ELI outperforms 76.47% 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ELI is destroying value.
ELI has about the same amout of shares outstanding than it did 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 0.71, we must say that ELI is in the distress zone and has some risk of bankruptcy.
ELI has a worse Altman-Z score (0.71) than 64.71% 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 | 0.71 |
ROIC/WACC0.68
WACC4.3%
2.3 Liquidity
A Current Ratio of 0.91 indicates that ELI may have some problems paying its short term obligations.
ELI's Current ratio of 0.91 is in line compared to the rest of the industry. ELI outperforms 47.06% of its industry peers.
ELI has a Quick 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 Quick ratio value of 0.85, ELI perfoms like the industry average, outperforming 52.94% of the companies in the same industry.
| 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.
ELI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.91% yearly.
Looking at the last year, ELI shows a decrease in Revenue. The Revenue has decreased by -1.97% in the last year.
Measured over the past years, ELI shows a quite strong growth in Revenue. The Revenue has been growing by 10.93% on average per year.
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 a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.19% yearly.
Based on estimates for the next years, ELI will show a small growth in Revenue. The Revenue will grow by 7.16% on average per year.
EPS Next Y3.09%
EPS Next 2Y7.68%
EPS Next 3Y10.31%
EPS Next 5Y6.19%
Revenue Next Year14.45%
Revenue Next 2Y19.63%
Revenue Next 3Y19.49%
Revenue Next 5Y7.16%
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 stable.
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
Based on the Price/Earnings ratio of 17.26, the valuation of ELI can be described as rather expensive.
ELI's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 26.17. ELI is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 18.47 indicates a rather expensive valuation of ELI.
ELI's Price/Forward Earnings ratio is in line with the industry average.
ELI's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.26 | ||
| Fwd PE | 18.47 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ELI is valued a bit more expensive than 70.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.43 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ELI does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)5.58
PEG (5Y)2.5
EPS Next 2Y7.68%
EPS Next 3Y10.31%
5. Dividend
5.1 Amount
ELI has a Yearly Dividend Yield of 1.54%.
ELI's Dividend Yield is slightly below the industry average, which is at 4.27.
ELI's Dividend Yield is slightly below the S&P500 average, which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.54% |
5.2 History
The dividend of ELI has a limited annual growth rate of 4.05%.
Dividend Growth(5Y)4.05%
Div Incr Years5
Div Non Decr Years5
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 (5/29/2025, 5:29:55 PM)
93.7
-0.8 (-0.85%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners16.33%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap10.22B
Analysts80
Price Target102.26 (9.14%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.54% |
Yearly Dividend1.89
Dividend Growth(5Y)4.05%
DP34.73%
Div Incr Years5
Div Non Decr Years5
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)3.7%
PT rev (3m)-3.53%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-8.09%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)1.12%
Revenue NY rev (3m)-3.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.26 | ||
| Fwd PE | 18.47 | ||
| P/S | 2.71 | ||
| P/FCF | N/A | ||
| P/OCF | 10.82 | ||
| P/B | 1.84 | ||
| P/tB | 3.96 | ||
| EV/EBITDA | 15.43 |
EPS(TTM)5.43
EY5.8%
EPS(NY)5.07
Fwd EY5.41%
FCF(TTM)-34.21
FCFYN/A
OCF(TTM)8.66
OCFY9.24%
SpS34.54
BVpS50.94
TBVpS23.65
PEG (NY)5.58
PEG (5Y)2.5
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 | 0.71 |
F-Score7
WACC4.3%
ROIC/WACC0.68
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 5Y6.19%
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 5Y7.16%
EBIT growth 1Y36.72%
EBIT growth 3Y20.72%
EBIT growth 5Y9.77%
EBIT Next Year130.27%
EBIT Next 3Y51.9%
EBIT Next 5Y31.18%
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%