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Iberdrola SA IBE

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Stock XMAD Rating as of
€11.96 −0.17 (1.36%)
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As of Delayed Price Closed
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Company Report

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European Utilities Edged Up in Q2 on Soaring Power Prices, High Interest Rates Still a Drag

Tancrede Fulop

Utilities have reversed part of their first quarter’s fall, thanks to a strong rebound in power prices. Moreover, the deep undervaluation of renewables developers has driven takeovers by big investment firms at very high multiples. Neoen’s main shareholders accepted an offer at 18 times the EBITDA. The sector is still significantly lagging the market in 2024 because of high interest rates. Should they fall, it would boost the sector.

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Price vs Fair Value

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IBE is trading at a 368% premium.
Price
€11.96
Fair Value
€94.00
Uncertainty
Medium
1-Star Price
€45.30
5-Star Price
€2.40
Economic Moat
Dvshp
Capital Allocation
Gyxjkqbxh

Bulls Say, Bears Say

Bulls

Iberdrola has one of the best records among European diversified utilities. Its early entry into onshore wind enabled the group to become the world's largest operator/owner of wind farms.

Bears

Spain is the Western European country with the harshest regulation for utilities.

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Trading Information

Previous Close Price
€12.13
Day Range
€11.91–12.20
52-Week Range
€9.88–12.45
Bid/Ask
— / —
Market Cap
€75.18 Bil
Volume/Avg
10.1 Mil / 11.5 Mil

Key Statistics

Price/Earnings (Normalized)
12.86
Price/Sales
1.66
Dividend Yield (Trailing)
4.33%
Dividend Yield (Forward)
4.33%
Total Yield
7.89%

Company Profile

Iberdrola is one of the largest utilities in the world with electric utility operations in nearly 40 countries. The company has a 56-gigawatt portfolio of hydro, wind, natural gas, and nuclear power plants. It is the largest owner of wind farms in the world, representing about 40% of its portfolio. Although the company has recently developed or acquired distribution and power generation assets in other geographic areas, Spain is still home to around 50% of its power generation capacity. Iberdrola also owns and operates electricity and distribution networks in Spain, the UK, Brazil, and the US.
Sector
Utilities
Industry
Utilities - Diversified
Stock Style Box
Large Core
Total Number of Employees
41,384
Website
https://www.iberdrola.com

Competitors

Valuation

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Metric
IBE
NEE
ENEL
Price/Earnings (Normalized)
 12.8622.259.14
Price/Book Value
 1.413.052.35
Price/Sales
 1.665.450.73
Price/Cash Flow
 7.5311.064.22
Price/Earnings
IBE
NEE
ENEL

Financial Strength

Metric
IBE
NEE
ENEL
Quick Ratio
 0.600.280.60
Current Ratio
 0.770.510.88
Interest Coverage
 4.983.953.50
Quick Ratio
IBE
NEE
ENEL

Profitability

Metric
IBE
NEE
ENEL
Return on Assets (Normalized)
 4.79%3.73%3.49%
Return on Equity (Normalized)
 14.40%13.95%26.69%
Return on Invested Capital (Normalized)
 7.51%6.63%7.14%
Return on Assets
IBE
NEE
ENEL
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Utilities - Diversified Industry Comparables

Screen With Investor
1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Iberdrola SA
IBDSF
—Xzy$80.5 Bil
 Iberdrola SA ADR
IBDRY
VQJFxgjl$80.5 Bil
 Enel SpA
ESOCF
TywbbnrbqKsrc$69.1 Bil
 Enel SpA ADR
ENLAY
FfgkcdydWbmfc$69.1 Bil
 Sempra
SRE
ZvwqlznqMvbdny$47.4 Bil
 E.ON SE ADR
EONGY
PnzybkrdDxnk$34.9 Bil
 E.ON SE
ENAKF
—Ttvj$34.9 Bil
 Engie SA ADR
ENGIY
—Fwht$34.6 Bil
 Engie SA
ENGQF
—Gqqkw$34.6 Bil
 The AES Corp
AES
MpjxbqygwTgw$13.4 Bil

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