EDP Renewables SA
EDPR: XLIS (PRT)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.RY | LOCK|PT | LOCK|MrR@WX^ |
EDPR Earnings: Below Expectations, Capacity Additions Trimmed; Fair Value Estimate Cut by 24%
We cut our fair value estimate for EDP Renovaveis to EUR 13 per share from EUR 17 after the group released 2024 financial results well below the consensus polled by the company and our expectations, net debt well above our estimate, and a trim in its capacity additions target for 2025-26. The shares still look materially undervalued.
