VERBUND AG (OEWA.DE) Stock Fundamental Analysis
FRA:OEWA - Deutsche Boerse Ag - AT0000746409 - Common Stock - Currency: EUR
Overall OEWA gets a fundamental rating of 6 out of 10. We evaluated OEWA against 17 industry peers in the Electric Utilities industry. OEWA gets an excellent profitability rating and is at the same time showing great financial health properties. OEWA is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year OEWA was profitable.
OEWA had a positive operating cash flow in the past year.
In the past 5 years OEWA has always been profitable.
Each year in the past 5 years OEWA had a positive operating cash flow.
1.2 Ratios
The Return On Assets of OEWA (9.27%) is better than 100.00% of its industry peers.
With a Return On Equity value of 16.96%, OEWA perfoms like the industry average, outperforming 58.82% of the companies in the same industry.
OEWA has a better Return On Invested Capital (12.42%) than 88.24% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for OEWA is above the industry average of 8.47%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.27% | ||
| ROE | 16.96% | ||
| ROIC | 12.42% |
ROA(3y)10.2%
ROA(5y)8.19%
ROE(3y)21.71%
ROE(5y)18.28%
ROIC(3y)12.64%
ROIC(5y)10.25%
1.3 Margins
OEWA has a better Profit Margin (20.70%) than 88.24% of its industry peers.
In the last couple of years the Profit Margin of OEWA has grown nicely.
OEWA has a Operating Margin of 32.29%. This is amongst the best in the industry. OEWA outperforms 88.24% of its industry peers.
In the last couple of years the Operating Margin of OEWA has grown nicely.
Looking at the Gross Margin, with a value of 54.74%, OEWA belongs to the top of the industry, outperforming 82.35% of the companies in the same industry.
In the last couple of years the Gross Margin of OEWA has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 32.29% | ||
| PM (TTM) | 20.7% | ||
| GM | 54.74% |
OM growth 3Y20.98%
OM growth 5Y9.42%
PM growth 3Y7.54%
PM growth 5Y9.81%
GM growth 3Y6.75%
GM growth 5Y3.6%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so OEWA is creating value.
OEWA has about the same amout of shares outstanding than it did 1 year ago.
OEWA has about the same amout of shares outstanding than it did 5 years ago.
OEWA has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.52 indicates that OEWA is not a great score, but indicates only limited risk for bankruptcy at the moment.
With an excellent Altman-Z score value of 2.52, OEWA belongs to the best of the industry, outperforming 88.24% of the companies in the same industry.
OEWA has a debt to FCF ratio of 1.35. This is a very positive value and a sign of high solvency as it would only need 1.35 years to pay back of all of its debts.
OEWA has a Debt to FCF ratio of 1.35. This is amongst the best in the industry. OEWA outperforms 88.24% of its industry peers.
OEWA has a Debt/Equity ratio of 0.19. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.19, OEWA belongs to the top of the industry, outperforming 88.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 1.35 | ||
| Altman-Z | 2.52 |
ROIC/WACC1.96
WACC6.32%
2.3 Liquidity
A Current Ratio of 1.51 indicates that OEWA should not have too much problems paying its short term obligations.
The Current ratio of OEWA (1.51) is better than 88.24% of its industry peers.
OEWA has a Quick Ratio of 1.45. This is a normal value and indicates that OEWA is financially healthy and should not expect problems in meeting its short term obligations.
OEWA has a better Quick ratio (1.45) than 94.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.51 | ||
| Quick Ratio | 1.45 |
3. Growth
3.1 Past
The earnings per share for OEWA have decreased strongly by -21.30% in the last year.
OEWA shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 27.58% yearly.
OEWA shows a decrease in Revenue. In the last year, the revenue decreased by -7.21%.
The Revenue has been growing by 16.18% on average over the past years. This is quite good.
EPS 1Y (TTM)-21.3%
EPS 3Y29%
EPS 5Y27.58%
EPS Q2Q%-21.6%
Revenue 1Y (TTM)-7.21%
Revenue growth 3Y19.95%
Revenue growth 5Y16.18%
Sales Q2Q%14.3%
3.2 Future
Based on estimates for the next years, OEWA will show a decrease in Earnings Per Share. The EPS will decrease by -7.62% on average per year.
The Revenue is expected to decrease by -8.30% on average over the next years.
EPS Next Y-15.9%
EPS Next 2Y-19.82%
EPS Next 3Y-15.37%
EPS Next 5Y-7.62%
Revenue Next Year-8.44%
Revenue Next 2Y-9.53%
Revenue Next 3Y-7.37%
Revenue Next 5Y-8.3%
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 decreasing.
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. Valuation
4.1 Price/Earnings Ratio
OEWA is valuated correctly with a Price/Earnings ratio of 13.19.
70.59% of the companies in the same industry are more expensive than OEWA, based on the Price/Earnings ratio.
OEWA is valuated rather cheaply when we compare the Price/Earnings ratio to 26.19, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 19.81 indicates a rather expensive valuation of OEWA.
Compared to the rest of the industry, the Price/Forward Earnings ratio of OEWA is on the same level as its industry peers.
OEWA is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.13, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.19 | ||
| Fwd PE | 19.81 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, OEWA is valued cheaply inside the industry as 94.12% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, OEWA is valued cheaply inside the industry as 94.12% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.6 | ||
| EV/EBITDA | 3.61 |
4.3 Compensation for Growth
OEWA has an outstanding profitability rating, which may justify a higher PE ratio.
OEWA's earnings are expected to decrease with -15.37% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.48
EPS Next 2Y-19.82%
EPS Next 3Y-15.37%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.31%, OEWA is a good candidate for dividend investing.
OEWA's Dividend Yield is a higher than the industry average which is at 4.27.
Compared to an average S&P500 Dividend Yield of 2.40, OEWA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.31% |
5.2 History
On average, the dividend of OEWA grows each year by 67.68%, which is quite nice.
Dividend Growth(5Y)67.68%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
OEWA pays out 109.57% of its income as dividend. This is not a sustainable payout ratio.
OEWA's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP109.57%
EPS Next 2Y-19.82%
EPS Next 3Y-15.37%
FRA:OEWA (5/28/2025, 7:00:00 PM)
67
-0.75 (-1.11%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners13.62%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap11.41B
Analysts43.33
Price Target67.09 (0.13%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.31% |
Yearly Dividend5.57
Dividend Growth(5Y)67.68%
DP109.57%
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)-1.03%
PT rev (3m)-5.48%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-5.15%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.93%
Revenue NY rev (3m)1.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.19 | ||
| Fwd PE | 19.81 | ||
| P/S | 1.34 | ||
| P/FCF | 6.6 | ||
| P/OCF | 3.99 | ||
| P/B | 1.1 | ||
| P/tB | 1.23 | ||
| EV/EBITDA | 3.61 |
EPS(TTM)5.08
EY7.58%
EPS(NY)3.38
Fwd EY5.05%
FCF(TTM)10.15
FCFY15.15%
OCF(TTM)16.79
OCFY25.06%
SpS50.12
BVpS61.17
TBVpS54.67
PEG (NY)N/A
PEG (5Y)0.48
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.27% | ||
| ROE | 16.96% | ||
| ROCE | 16.14% | ||
| ROIC | 12.42% | ||
| ROICexc | 13.21% | ||
| ROICexgc | 14.19% | ||
| OM | 32.29% | ||
| PM (TTM) | 20.7% | ||
| GM | 54.74% | ||
| FCFM | 20.26% |
ROA(3y)10.2%
ROA(5y)8.19%
ROE(3y)21.71%
ROE(5y)18.28%
ROIC(3y)12.64%
ROIC(5y)10.25%
ROICexc(3y)13.27%
ROICexc(5y)10.67%
ROICexgc(3y)14.29%
ROICexgc(5y)11.47%
ROCE(3y)16.44%
ROCE(5y)13.33%
ROICexcg growth 3Y28.29%
ROICexcg growth 5Y17.11%
ROICexc growth 3Y28.39%
ROICexc growth 5Y16.93%
OM growth 3Y20.98%
OM growth 5Y9.42%
PM growth 3Y7.54%
PM growth 5Y9.81%
GM growth 3Y6.75%
GM growth 5Y3.6%
F-Score5
Asset Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 1.35 | ||
| Debt/EBITDA | 0.56 | ||
| Cap/Depr | 147.71% | ||
| Cap/Sales | 13.24% | ||
| Interest Coverage | 74.65 | ||
| Cash Conversion | 81.2% | ||
| Profit Quality | 97.87% | ||
| Current Ratio | 1.51 | ||
| Quick Ratio | 1.45 | ||
| Altman-Z | 2.52 |
F-Score5
WACC6.32%
ROIC/WACC1.96
Cap/Depr(3y)165.48%
Cap/Depr(5y)188.3%
Cap/Sales(3y)12.58%
Cap/Sales(5y)14.61%
Profit Quality(3y)109.75%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-21.3%
EPS 3Y29%
EPS 5Y27.58%
EPS Q2Q%-21.6%
EPS Next Y-15.9%
EPS Next 2Y-19.82%
EPS Next 3Y-15.37%
EPS Next 5Y-7.62%
Revenue 1Y (TTM)-7.21%
Revenue growth 3Y19.95%
Revenue growth 5Y16.18%
Sales Q2Q%14.3%
Revenue Next Year-8.44%
Revenue Next 2Y-9.53%
Revenue Next 3Y-7.37%
Revenue Next 5Y-8.3%
EBIT growth 1Y-9.97%
EBIT growth 3Y45.13%
EBIT growth 5Y27.13%
EBIT Next Year5.26%
EBIT Next 3Y-3.69%
EBIT Next 5Y-0.96%
FCF growth 1Y-21.31%
FCF growth 3YN/A
FCF growth 5Y21.02%
OCF growth 1Y-9.98%
OCF growth 3Y221.06%
OCF growth 5Y21.95%