Higher Grid Investments Increase Quality of Endesa's Earnings
Endesa is an integrated utility operating in power production, distribution, and supply in the Iberian Peninsula. Parent company Enel owns 70.1% of its shares.
Endesa is an integrated utility operating in power production, distribution, and supply in the Iberian Peninsula. Parent company Enel owns 70.1% of its shares.
Regulatory backdrop is improving in Spain with the expiration of the energy levy in 2024 and the potential extension of the nuclear fleet that would be beneficial for Endesa.
The absence of an international footprint implies full exposure to the competitive renewables Spanish market and an adverse regulatory backdrop.
|
Metric
|
ELE
|
NTGY
|
IBE
|
|---|---|---|---|
Price/Earnings (Normalized) | 13.81 | 12.59 | 24.08 |
Price/Book Value | 5.20 | 2.81 | 2.31 |
Price/Sales | 2.03 | 1.35 | 3.27 |
Price/Cash Flow | 7.73 | 6.50 | 11.25 |
|
Metric
|
ELE
|
NTGY
|
IBE
|
|---|---|---|---|
Quick Ratio | 0.45 | 1.14 | 0.62 |
Current Ratio | 0.76 | 1.37 | 0.75 |
Interest Coverage | 11.09 | 5.19 | 4.54 |
|
Metric
|
ELE
|
NTGY
|
IBE
|
|---|---|---|---|
Return on Assets (Normalized) | 7.35% | 6.63% | 4.15% |
Return on Equity (Normalized) | 33.07% | 30.08% | 11.96% |
Return on Invested Capital (Normalized) | 14.86% | 11.00% | 6.96% |
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1-Day Chart
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Price
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Morningstar Rating for Stocks
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