IDACORP INC (IDA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:IDA - US4511071064 - Common Stock
130.83 USD
+1.3 (+1%)
130.83 USD
0 (0%)
Taking everything into account, IDA scores 4 out of 10 in our fundamental rating. IDA was compared to 47 industry peers in the Electric Utilities industry. IDA has a medium profitability rating, but doesn't score so well on its financial health evaluation. IDA is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
IDA had positive earnings in the past year.
IDA had a positive operating cash flow in the past year.
Each year in the past 5 years IDA has been profitable.
In the past 5 years IDA always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.15%, IDA is in the better half of the industry, outperforming 63.83% of the companies in the same industry.
IDA's Return On Equity of 9.13% is in line compared to the rest of the industry. IDA outperforms 40.43% of its industry peers.
The Return On Invested Capital of IDA (2.94%) is worse than 82.98% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for IDA is in line with the industry average of 4.92%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.15% | ||
| ROE | 9.13% | ||
| ROIC | 2.94% |
ROA(3y)3.21%
ROA(5y)3.28%
ROE(3y)8.96%
ROE(5y)9.07%
ROIC(3y)3.38%
ROIC(5y)3.49%
1.3 Margins
With an excellent Profit Margin value of 17.59%, IDA belongs to the best of the industry, outperforming 89.36% of the companies in the same industry.
In the last couple of years the Profit Margin of IDA has declined.
IDA's Operating Margin of 18.92% is in line compared to the rest of the industry. IDA outperforms 40.43% of its industry peers.
IDA's Operating Margin has been stable in the last couple of years.
The Gross Margin of IDA (78.55%) is better than 72.34% of its industry peers.
In the last couple of years the Gross Margin of IDA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.92% | ||
| PM (TTM) | 17.59% | ||
| GM | 78.55% |
OM growth 3Y0.63%
OM growth 5Y0.81%
PM growth 3Y-2.05%
PM growth 5Y-1.76%
GM growth 3Y1.97%
GM growth 5Y-0.43%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), IDA is destroying value.
Compared to 1 year ago, IDA has more shares outstanding
Compared to 5 years ago, IDA has more shares outstanding
Compared to 1 year ago, IDA has an improved debt to assets ratio.
2.2 Solvency
IDA has an Altman-Z score of 1.26. This is a bad value and indicates that IDA is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of IDA (1.26) is better than 72.34% of its industry peers.
IDA has a Debt/Equity ratio of 1.02. This is a high value indicating a heavy dependency on external financing.
With a decent Debt to Equity ratio value of 1.02, IDA is doing good in the industry, outperforming 65.96% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.02 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.26 |
ROIC/WACC0.42
WACC6.96%
2.3 Liquidity
A Current Ratio of 1.08 indicates that IDA should not have too much problems paying its short term obligations.
IDA has a better Current ratio (1.08) than 74.47% of its industry peers.
IDA has a Quick Ratio of 1.08. This is a bad value and indicates that IDA is not financially healthy enough and could expect problems in meeting its short term obligations.
IDA has a Quick ratio of 0.82. This is in the better half of the industry: IDA outperforms 61.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.08 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.98% over the past year.
The Earnings Per Share has been growing slightly by 3.56% on average over the past years.
Looking at the last year, IDA shows a decrease in Revenue. The Revenue has decreased by -1.88% in the last year.
Measured over the past years, IDA shows a small growth in Revenue. The Revenue has been growing by 6.29% on average per year.
EPS 1Y (TTM)7.98%
EPS 3Y4.15%
EPS 5Y3.56%
EPS Q2Q%6.6%
Revenue 1Y (TTM)-1.88%
Revenue growth 3Y7.8%
Revenue growth 5Y6.29%
Sales Q2Q%-0.78%
3.2 Future
Based on estimates for the next years, IDA will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.33% on average per year.
Based on estimates for the next years, IDA will show a small growth in Revenue. The Revenue will grow by 7.57% on average per year.
EPS Next Y7.71%
EPS Next 2Y8.43%
EPS Next 3Y8.55%
EPS Next 5Y8.33%
Revenue Next Year4.9%
Revenue Next 2Y6.29%
Revenue Next 3Y6.66%
Revenue Next 5Y7.57%
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 accelerating.
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
The Price/Earnings ratio is 22.48, which indicates a rather expensive current valuation of IDA.
Based on the Price/Earnings ratio, IDA is valued a bit more expensive than 76.60% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.15, IDA is valued at the same level.
A Price/Forward Earnings ratio of 20.31 indicates a rather expensive valuation of IDA.
Based on the Price/Forward Earnings ratio, IDA is valued a bit more expensive than the industry average as 72.34% of the companies are valued more cheaply.
The average S&P500 Price/Forward Earnings ratio is at 36.12. IDA is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.48 | ||
| Fwd PE | 20.31 |
4.2 Price Multiples
80.85% of the companies in the same industry are cheaper than IDA, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 17.6 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates IDA does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.92
PEG (5Y)6.31
EPS Next 2Y8.43%
EPS Next 3Y8.55%
5. Dividend
5.1 Amount
IDA has a Yearly Dividend Yield of 2.78%.
Compared to an average industry Dividend Yield of 3.39, IDA is paying slightly less dividend.
IDA's Dividend Yield is comparable with the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.78% |
5.2 History
The dividend of IDA has a limited annual growth rate of 5.58%.
IDA has been paying a dividend for at least 10 years, so it has a reliable track record.
IDA has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)5.58%
Div Incr Years13
Div Non Decr Years20
5.3 Sustainability
IDA pays out 58.98% of its income as dividend. This is a bit on the high side, but may be sustainable.
IDA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP58.98%
EPS Next 2Y8.43%
EPS Next 3Y8.55%
130.83
+1.3 (+1%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners100.99%
Inst Owner Change0.23%
Ins Owners0.36%
Ins Owner Change0.1%
Market Cap7.07B
Revenue(TTM)1.81B
Net Income(TTM)317.74M
Analysts81.67
Price Target143.69 (9.83%)
Short Float %6.36%
Short Ratio8.34
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.78% |
Yearly Dividend3.38
Dividend Growth(5Y)5.58%
DP58.98%
Div Incr Years13
Div Non Decr Years20
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.43%
Min EPS beat(2)-2.01%
Max EPS beat(2)-0.85%
EPS beat(4)2
Avg EPS beat(4)2.91%
Min EPS beat(4)-2.01%
Max EPS beat(4)10.64%
EPS beat(8)4
Avg EPS beat(8)1.73%
EPS beat(12)7
Avg EPS beat(12)3.73%
EPS beat(16)9
Avg EPS beat(16)3.95%
Revenue beat(2)0
Avg Revenue beat(2)-18.72%
Min Revenue beat(2)-21.49%
Max Revenue beat(2)-15.95%
Revenue beat(4)1
Avg Revenue beat(4)-9.63%
Min Revenue beat(4)-21.49%
Max Revenue beat(4)1.15%
Revenue beat(8)4
Avg Revenue beat(8)1.83%
Revenue beat(12)7
Avg Revenue beat(12)9.49%
Revenue beat(16)11
Avg Revenue beat(16)10.94%
PT rev (1m)5%
PT rev (3m)7.13%
EPS NQ rev (1m)2.23%
EPS NQ rev (3m)7.7%
EPS NY rev (1m)-0.07%
EPS NY rev (3m)-0.02%
Revenue NQ rev (1m)20.03%
Revenue NQ rev (3m)20.03%
Revenue NY rev (1m)1.46%
Revenue NY rev (3m)1.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.48 | ||
| Fwd PE | 20.31 | ||
| P/S | 3.91 | ||
| P/FCF | N/A | ||
| P/OCF | 11.77 | ||
| P/B | 2.03 | ||
| P/tB | 2.03 | ||
| EV/EBITDA | 17.6 |
EPS(TTM)5.82
EY4.45%
EPS(NY)6.44
Fwd EY4.92%
FCF(TTM)-7.59
FCFYN/A
OCF(TTM)11.11
OCFY8.5%
SpS33.42
BVpS64.43
TBVpS64.43
PEG (NY)2.92
PEG (5Y)6.31
Graham Number91.85
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.15% | ||
| ROE | 9.13% | ||
| ROCE | 3.72% | ||
| ROIC | 2.94% | ||
| ROICexc | 3.05% | ||
| ROICexgc | 3.05% | ||
| OM | 18.92% | ||
| PM (TTM) | 17.59% | ||
| GM | 78.55% | ||
| FCFM | N/A |
ROA(3y)3.21%
ROA(5y)3.28%
ROE(3y)8.96%
ROE(5y)9.07%
ROIC(3y)3.38%
ROIC(5y)3.49%
ROICexc(3y)3.51%
ROICexc(5y)3.63%
ROICexgc(3y)3.51%
ROICexgc(5y)3.63%
ROCE(3y)4.27%
ROCE(5y)4.42%
ROICexgc growth 3Y1.39%
ROICexgc growth 5Y0.9%
ROICexc growth 3Y1.39%
ROICexc growth 5Y0.9%
OM growth 3Y0.63%
OM growth 5Y0.81%
PM growth 3Y-2.05%
PM growth 5Y-1.76%
GM growth 3Y1.97%
GM growth 5Y-0.43%
F-Score5
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.02 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6 | ||
| Cap/Depr | 404.68% | ||
| Cap/Sales | 55.96% | ||
| Interest Coverage | 2.52 | ||
| Cash Conversion | 101.55% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.08 | ||
| Quick Ratio | 0.82 | ||
| Altman-Z | 1.26 |
F-Score5
WACC6.96%
ROIC/WACC0.42
Cap/Depr(3y)332.46%
Cap/Depr(5y)268.27%
Cap/Sales(3y)38.72%
Cap/Sales(5y)31.95%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)7.98%
EPS 3Y4.15%
EPS 5Y3.56%
EPS Q2Q%6.6%
EPS Next Y7.71%
EPS Next 2Y8.43%
EPS Next 3Y8.55%
EPS Next 5Y8.33%
Revenue 1Y (TTM)-1.88%
Revenue growth 3Y7.8%
Revenue growth 5Y6.29%
Sales Q2Q%-0.78%
Revenue Next Year4.9%
Revenue Next 2Y6.29%
Revenue Next 3Y6.66%
Revenue Next 5Y7.57%
EBIT growth 1Y5.63%
EBIT growth 3Y8.48%
EBIT growth 5Y7.15%
EBIT Next Year83.04%
EBIT Next 3Y38.01%
EBIT Next 5Y27.55%
FCF growth 1Y-32.22%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y145.8%
OCF growth 3Y17.84%
OCF growth 5Y10.15%
IDACORP INC / IDA FAQ
What is the fundamental rating for IDA stock?
ChartMill assigns a fundamental rating of 4 / 10 to IDA.
What is the valuation status for IDA stock?
ChartMill assigns a valuation rating of 1 / 10 to IDACORP INC (IDA). This can be considered as Overvalued.
How profitable is IDACORP INC (IDA) stock?
IDACORP INC (IDA) has a profitability rating of 5 / 10.
What is the expected EPS growth for IDACORP INC (IDA) stock?
The Earnings per Share (EPS) of IDACORP INC (IDA) is expected to grow by 7.71% in the next year.
How sustainable is the dividend of IDACORP INC (IDA) stock?
The dividend rating of IDACORP INC (IDA) is 5 / 10 and the dividend payout ratio is 58.98%.