EDP Renovaveis SA EDRVF
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if EDRVF is a good fit for your portfolio.
News
-
EDP Renovaveis 1st Half Net Profit Fell on Lower Prices, Costs
-
EDPR, Google Sign Power Purchase Agreement for Solar Energy
-
EDPR 1Q Earnings Rose on Higher Generation, Average Selling Prices
-
EDP Secures Power Purchase Agreement for Wind Portfolio in Spain With Inditex
-
EDP Secures Power Purchase Agreement for Italy Solar Portfolio
-
Trending: EDPR Secures Long-Term Agreement for 198-Megawatt Wind Project in US
-
EDPR Shares Rise on 2023-26 Strategy Plan
-
EDP Sets Out 2023-26 Business Plan
Trading Information
- Previous Close Price
- $17.53
- Day Range
- $17.58–17.80
- 52-Week Range
- $14.46–24.07
- Bid/Ask
- $17.28 / $18.55
- Market Cap
- $18.23 Bil
- Volume/Avg
- 6,825 / 2,515
Key Statistics
- Price/Earnings (Normalized)
- 85.83
- Price/Sales
- 7.16
- Dividend Yield
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
EDP Renovaveis, a 71%-owned subsidiary of integrated Portuguese utility EDP, was created in 2007. It builds, develops, and operates renewables plants, mostly wind and solar. With 14.7 GW of net installed capacity at the end of 2022, EDP Renovaveis is the fourth-largest renewables player in the world and the third-largest in the U.S. and Europe. The group’s plants are mainly located in the U.S., Spain, Portugal, Poland, and Brazil.
- Sector
- Utilities
- Industry
- Utilities - Renewable
- Stock Style Box
- Large Core
- Total Number of Employees
- 3,116
- Website
- http://www.edpr.com
Competitors
Valuation
|
Metric
|
EDRVF
|
ENGI
|
ORSTED
|
|---|---|---|---|
Price/Earnings (Normalized) | 85.83 | 13.67 | 30.57 |
Price/Book Value | 1.53 | 1.32 | 2.23 |
Price/Sales | 7.16 | 0.38 | 1.36 |
Price/Cash Flow | 25.45 | 3.17 | 7.34 |
Price/Earnings
EDRVF
ENGI
ORSTED
Financial Strength
|
Metric
|
EDRVF
|
ENGI
|
ORSTED
|
|---|---|---|---|
Quick Ratio | 0.50 | 0.67 | 1.14 |
Current Ratio | 0.67 | 0.94 | 1.53 |
Interest Coverage | 2.36 | −3.08 | −5.54 |
Quick Ratio
EDRVF
ENGI
ORSTED
Profitability
|
Metric
|
EDRVF
|
ENGI
|
ORSTED
|
|---|---|---|---|
Return on Assets (Normalized) | 1.32% | 2.59% | −1.20% |
Return on Equity (Normalized) | 3.75% | 16.63% | −5.82% |
Return on Invested Capital (Normalized) | 3.57% | 9.01% | −1.04% |
Return on Assets
EDRVF
ENGI
ORSTED
Utilities - Renewable Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|
CEG
| Constellation Energy Corp | Vqrxwz | $38.5 Bil | |
OEZVY
| Verbund AG ADR | Xnry | $32.4 Bil | |
OEZVF
| Verbund AG Class A | Mxwy | $32.4 Bil | |
CEZYY
| CEZ a.s ADR | Qwtmks | $23.8 Bil | |
CZAVF
| CEZ a.s | Crqbmqv | $23.8 Bil | |
EBR
| Centrais Eletricas Brasileiras SA ADR | Flxlq | $19.1 Bil | |
EBR.B
| Centrais Eletricas Brasileiras SA ADR | Trgcq | $19.1 Bil | |
DOGEF
| Orsted A/S | Nhpw | $18.8 Bil | |
BEP
| Brookfield Renewable Partners LP | Gxt | $7.2 Bil | |
BEPC
| Brookfield Renewable Corp Ordinary Shares - Class A (Sub Voting) | Nwdk | $4.8 Bil |