IDACORP INC (IDA) Stock Fundamental Analysis
NYSE:IDA - US4511071064 - Common Stock
124.365 USD
-0.73 (-0.59%)
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. While IDA is still in line with the averages on profitability rating, there are concerns on its financial health. IDA 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 IDA was profitable.
IDA had a positive operating cash flow in the past year.
IDA had positive earnings in each of the past 5 years.
In the past 5 years IDA always reported a positive cash flow from operatings.
1.2 Ratios
IDA has a better Return On Assets (3.09%) than 63.83% of its industry peers.
With a Return On Equity value of 9.03%, IDA is not doing good in the industry: 63.83% of the companies in the same industry are doing better.
Looking at the Return On Invested Capital, with a value of 2.84%, IDA is doing worse than 85.11% of the companies in the same industry.
IDA had an Average Return On Invested Capital over the past 3 years of 3.38%. This is in line with the industry average of 5.06%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.09% | ||
| ROE | 9.03% | ||
| ROIC | 2.84% |
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
Looking at the Profit Margin, with a value of 16.96%, IDA is in the better half of the industry, outperforming 78.72% of the companies in the same industry.
IDA's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 18.26%, IDA is not doing good in the industry: 65.96% of the companies in the same industry are doing better.
IDA's Operating Margin has been stable in the last couple of years.
IDA has a better Gross Margin (78.97%) than 74.47% 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 | 18.26% | ||
| PM (TTM) | 16.96% | ||
| GM | 78.97% |
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.
The number of shares outstanding for IDA has been increased compared to 1 year ago.
The number of shares outstanding for IDA has been increased compared to 5 years ago.
The debt/assets ratio for IDA has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.26, we must say that IDA is in the distress zone and has some risk of bankruptcy.
IDA has a better Altman-Z score (1.26) than 74.47% of its industry peers.
A Debt/Equity ratio of 1.08 is on the high side and indicates that IDA has dependencies on debt financing.
The Debt to Equity ratio of IDA (1.08) is better than 63.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.26 |
ROIC/WACC0.4
WACC7.06%
2.3 Liquidity
IDA has a Current Ratio of 1.45. This is a normal value and indicates that IDA is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.45, IDA is doing good in the industry, outperforming 76.60% of the companies in the same industry.
IDA has a Quick Ratio of 1.12. This is a normal value and indicates that IDA is financially healthy and should not expect problems in meeting its short term obligations.
IDA has a better Quick ratio (1.12) than 74.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.45 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
IDA shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.37%.
Measured over the past 5 years, IDA shows a small growth in Earnings Per Share. The EPS has been growing by 3.56% on average per year.
The Revenue has decreased by -0.70% in the past year.
IDA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.29% yearly.
EPS 1Y (TTM)6.37%
EPS 3Y4.15%
EPS 5Y3.56%
EPS Q2Q%2.92%
Revenue 1Y (TTM)-0.7%
Revenue growth 3Y7.8%
Revenue growth 5Y6.29%
Sales Q2Q%-0.04%
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 9.06% on average per year.
The Revenue is expected to grow by 8.93% on average over the next years. This is quite good.
EPS Next Y7.73%
EPS Next 2Y8.57%
EPS Next 3Y8.45%
EPS Next 5Y9.06%
Revenue Next Year3.39%
Revenue Next 2Y6.14%
Revenue Next 3Y5.54%
Revenue Next 5Y8.93%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 21.90, the valuation of IDA can be described as rather expensive.
Based on the Price/Earnings ratio, IDA is valued a bit more expensive than 78.72% of the companies in the same industry.
IDA's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.13.
The Price/Forward Earnings ratio is 19.25, which indicates a rather expensive current valuation of IDA.
Compared to the rest of the industry, the Price/Forward Earnings ratio of IDA indicates a slightly more expensive valuation: IDA is more expensive than 74.47% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.76. IDA is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.9 | ||
| Fwd PE | 19.25 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of IDA indicates a rather expensive valuation: IDA more expensive than 80.85% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 17.43 |
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)2.83
PEG (5Y)6.15
EPS Next 2Y8.57%
EPS Next 3Y8.45%
5. Dividend
5.1 Amount
IDA has a Yearly Dividend Yield of 2.75%.
IDA's Dividend Yield is slightly below the industry average, which is at 3.51.
Compared to an average S&P500 Dividend Yield of 2.32, IDA has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.75% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)5.58%
Div Incr Years13
Div Non Decr Years20
5.3 Sustainability
60.32% of the earnings are spent on dividend by IDA. This is not a sustainable payout ratio.
The dividend of IDA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP60.32%
EPS Next 2Y8.57%
EPS Next 3Y8.45%
NYSE:IDA (9/2/2025, 3:31:42 PM)
124.365
-0.73 (-0.59%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners90.79%
Inst Owner Change13.08%
Ins Owners0.36%
Ins Owner Change0.82%
Market Cap6.72B
Analysts80
Price Target134.13 (7.85%)
Short Float %6.39%
Short Ratio8.13
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.75% |
Yearly Dividend3.38
Dividend Growth(5Y)5.58%
DP60.32%
Div Incr Years13
Div Non Decr Years20
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.93%
Min EPS beat(2)-2.01%
Max EPS beat(2)3.87%
EPS beat(4)2
Avg EPS beat(4)2.23%
Min EPS beat(4)-3.59%
Max EPS beat(4)10.64%
EPS beat(8)5
Avg EPS beat(8)2.26%
EPS beat(12)8
Avg EPS beat(12)4.02%
EPS beat(16)9
Avg EPS beat(16)3.76%
Revenue beat(2)1
Avg Revenue beat(2)-7.4%
Min Revenue beat(2)-15.95%
Max Revenue beat(2)1.15%
Revenue beat(4)1
Avg Revenue beat(4)-8.44%
Min Revenue beat(4)-16.71%
Max Revenue beat(4)1.15%
Revenue beat(8)4
Avg Revenue beat(8)4.17%
Revenue beat(12)8
Avg Revenue beat(12)13.04%
Revenue beat(16)12
Avg Revenue beat(16)13.09%
PT rev (1m)3.89%
PT rev (3m)3.44%
EPS NQ rev (1m)0.47%
EPS NQ rev (3m)-0.47%
EPS NY rev (1m)0.43%
EPS NY rev (3m)0.67%
Revenue NQ rev (1m)-0.04%
Revenue NQ rev (3m)7.81%
Revenue NY rev (1m)-0.31%
Revenue NY rev (3m)-0.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.9 | ||
| Fwd PE | 19.25 | ||
| P/S | 3.71 | ||
| P/FCF | N/A | ||
| P/OCF | 10.51 | ||
| P/B | 1.98 | ||
| P/tB | 1.98 | ||
| EV/EBITDA | 17.43 |
EPS(TTM)5.68
EY4.57%
EPS(NY)6.46
Fwd EY5.19%
FCF(TTM)-5.52
FCFYN/A
OCF(TTM)11.84
OCFY9.52%
SpS33.5
BVpS62.92
TBVpS62.92
PEG (NY)2.83
PEG (5Y)6.15
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.09% | ||
| ROE | 9.03% | ||
| ROCE | 3.59% | ||
| ROIC | 2.84% | ||
| ROICexc | 2.99% | ||
| ROICexgc | 2.99% | ||
| OM | 18.26% | ||
| PM (TTM) | 16.96% | ||
| GM | 78.97% | ||
| 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%
ROICexcg growth 3Y1.39%
ROICexcg 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-Score4
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.08 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.42 | ||
| Cap/Depr | 389.85% | ||
| Cap/Sales | 51.82% | ||
| Interest Coverage | 2.88 | ||
| Cash Conversion | 112% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.45 | ||
| Quick Ratio | 1.12 | ||
| Altman-Z | 1.26 |
F-Score4
WACC7.06%
ROIC/WACC0.4
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)6.37%
EPS 3Y4.15%
EPS 5Y3.56%
EPS Q2Q%2.92%
EPS Next Y7.73%
EPS Next 2Y8.57%
EPS Next 3Y8.45%
EPS Next 5Y9.06%
Revenue 1Y (TTM)-0.7%
Revenue growth 3Y7.8%
Revenue growth 5Y6.29%
Sales Q2Q%-0.04%
Revenue Next Year3.39%
Revenue Next 2Y6.14%
Revenue Next 3Y5.54%
Revenue Next 5Y8.93%
EBIT growth 1Y4.59%
EBIT growth 3Y8.48%
EBIT growth 5Y7.15%
EBIT Next Year82.19%
EBIT Next 3Y37.61%
EBIT Next 5Y29.01%
FCF growth 1Y3.93%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y216.48%
OCF growth 3Y17.84%
OCF growth 5Y10.15%