Company Valuation: EDP Renewables, S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 21,036 19,768 18,969 10,440 12,654 14,525 - -
Change - -6.03% -4.04% -44.96% 21.21% 14.78% - -
Enterprise Value (EV) 1 24,772 19,768 24,774 18,718 20,754 22,395 21,852 21,195
Change - -20.2% 25.32% -24.44% 10.88% 7.9% -2.43% -3.01%
P/E 31.8x 32.7x 59.8x -18.6x 57.3x 31.9x 28.7x 25.4x
PBR 2.37x 2.23x 1.71x 0.97x 1.23x 1.29x 1.24x 1.2x
PEG - -3.82x -1.2x 0x -0x 0x 2.5x 1.9x
Capitalization / Revenue 12x 8.34x 8.47x 4.5x 4.71x 5.29x 5.21x 5.06x
EV / Revenue 14.1x 8.34x 11.1x 8.07x 7.72x 8.16x 7.84x 7.38x
EV / EBITDA 14.1x 9.16x 13.4x 11.1x 10.5x 10.6x 10.2x 9.52x
EV / EBIT 21.5x 14x 28.3x -2,043x 21.7x 19.2x 18.2x 16.7x
EV / FCF -14.5x - -6.68x -4.68x -19.5x 46.4x 21.9x 30.9x
FCF Yield -6.9% - -15% -21.4% -5.14% 2.16% 4.57% 3.23%
Dividend per Share 2 0.0886 - 0.2658 0.2 0.08 0.171 0.1856 0.2112
Rate of return 0.4% - 1.43% 1.99% 0.66% 1.24% 1.34% 1.53%
EPS 2 0.6891 0.63 0.31 -0.54 0.21 0.4331 0.482 0.5448
Distribution rate 12.9% - 85.7% -37% 38.1% 39.5% 38.5% 38.8%
Net sales 1 1,758 2,371 2,239 2,320 2,688 2,744 2,788 2,871
EBITDA 1 1,760 2,157 1,845 1,684 1,974 2,121 2,140 2,227
EBIT 1 1,151 1,412 875 -9.16 958 1,169 1,198 1,267
Net income 1 655 616.2 309 -556.2 216 458.9 507.2 582.9
Net Debt 1 3,736 - 5,805 8,278 8,100 7,870 7,327 6,670
Reference price 2 21.90 20.58 18.52 10.04 12.04 13.82 13.82 13.82
Nbr of stocks (in thousands) 960,558 960,558 1,023,978 1,039,856 1,051,033 1,051,033 - -
Announcement Date 16/02/22 01/03/23 28/02/24 26/02/25 25/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.61x9.62x13.5x2.42% 27.05B
78.36x19.9x23.08x-.--% 25.89B
10.35x5.64x9.22x4.16% 8.3B
18.04x4.8x8.25x3.31% 4.06B
-37.51x7.32x8.84x5.63% 4.05B
Average 17.97x 9.46x 12.58x 3.1% 13.87B
Weighted average by Cap. 37.40x 12.57x 15.98x 1.97%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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