Financials Edison S.p.A.

Equities

EDNR

IT0003372205

Multiline Utilities

Market Closed - Borsa Italiana 11:44:59 2024-04-26 am EDT 5-day change 1st Jan Change
1.535 EUR +0.33% Intraday chart for Edison S.p.A. -2.85% -0.20%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 5,087 5,538 5,431 7,009 6,441 7,284
Enterprise Value (EV) 1 5,506 5,865 5,957 7,101 6,894 7,091
P/E ratio - -11.6 x 286 x 17 x - 14.1 x
Yield - - - 19.3% 3.82% -
Capitalization / Revenue 0.56 x 0.68 x 0.85 x 0.6 x 0.21 x 0.4 x
EV / Revenue 0.6 x 0.72 x 0.93 x 0.6 x 0.23 x 0.38 x
EV / EBITDA 8.68 x 12.2 x 10.5 x 10 x 7.56 x 6.28 x
EV / FCF 14,682 x 25.7 x 21.4 x -142 x 55.5 x 21.8 x
FCF Yield 0.01% 3.9% 4.66% -0.7% 1.8% 4.59%
Price to Book - 1.04 x 1.02 x 1.18 x - 1.13 x
Nbr of stocks (in thousands) 5,377,001 5,377,001 5,377,001 4,736,117 4,736,117 4,736,117
Reference price 2 0.9460 1.030 1.010 1.480 1.360 1.538
Announcement Date 2/27/19 3/27/20 3/1/21 3/2/22 3/3/23 2/21/24
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 9,159 8,168 6,390 11,739 30,380 18,436
EBITDA 1 634 481 568 710 912 1,130
EBIT 1 170 167 251 394 554 735
Operating Margin 1.86% 2.04% 3.93% 3.36% 1.82% 3.99%
Earnings before Tax (EBT) 1 185 140 230 488 628 790
Net income 1 54 -479 19 413 151 515
Net margin 0.59% -5.86% 0.3% 3.52% 0.5% 2.79%
EPS - -0.0891 0.003533 0.0872 - 0.1087
Free Cash Flow 1 0.375 228.5 277.9 -50 124.1 325.6
FCF margin 0% 2.8% 4.35% -0.43% 0.41% 1.77%
FCF Conversion (EBITDA) 0.06% 47.51% 48.92% - 13.61% 28.82%
FCF Conversion (Net income) 0.69% - 1,462.5% - 82.2% 63.23%
Dividend per Share - - - 0.2850 0.0520 -
Announcement Date 2/27/19 3/27/20 3/1/21 3/2/22 3/3/23 2/21/24
1EUR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 419 327 526 92 453 -
Net Cash position 1 - - - - - 193
Leverage (Debt/EBITDA) 0.6609 x 0.6798 x 0.9261 x 0.1296 x 0.4967 x -
Free Cash Flow 1 0.38 229 278 -50 124 326
ROE (net income / shareholders' equity) 1.09% 1.68% 3.47% 7.28% 2.84% 8.99%
ROA (Net income/ Total Assets) 1.02% 0.98% 1.55% 1.89% 2.03% 2.97%
Assets 1 5,312 -49,093 1,223 21,880 7,423 17,356
Book Value Per Share - 0.9900 0.9900 1.250 - 1.360
Cash Flow per Share - 0.0500 0.0600 0.1900 - 0.2600
Capex 1 377 288 491 592 560 501
Capex / Sales 4.12% 3.53% 7.68% 5.04% 1.84% 2.72%
Announcement Date 2/27/19 3/27/20 3/1/21 3/2/22 3/3/23 2/21/24
1EUR in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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