Company Valuation: EDP - Energias de Portugal, S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 19,070 18,378 18,976 12,871 16,184 19,574 - -
Change - -3.63% 3.26% -32.17% 25.75% 20.95% - -
Enterprise Value (EV) 1 30,635 18,378 34,295 28,436 31,541 36,512 36,725 36,054
Change - -40.01% 86.61% -17.09% 10.92% 15.76% 0.58% -1.83%
P/E ratio 29.2x 27.2x 20x 16.3x 14x 17x 17.2x 17.4x
PBR 2.05x - 1.64x 1.1x 1.44x 1.62x 1.55x 1.48x
PEG - 8.04x 0.6x -1x 0.3x -27.84x -14.77x -17.15x
Capitalization / Revenue 1.27x 0.89x 1.17x 0.86x 1.04x 1.25x 1.24x 1.21x
EV / Revenue 2.04x 0.89x 2.12x 1.9x 2.02x 2.33x 2.33x 2.22x
EV / EBITDA 8.23x 4.06x 6.83x 5.92x 6.27x 7.37x 7.32x 6.98x
EV / EBIT 15.9x 7.26x 12.3x 12.6x 10.5x 12.3x 12.3x 12.1x
EV / FCF -23x 66.2x -10.7x -21.7x -80.4x 51.2x 42.8x 36.6x
FCF Yield -4.35% 1.51% -9.39% -4.61% -1.24% 1.95% 2.34% 2.73%
Dividend per Share 2 0.19 0.19 0.195 0.2 0.205 0.199 0.199 0.199
Rate of return 3.93% 4.08% 4.28% 6.47% 5.24% 4.2% 4.2% 4.2%
EPS 2 0.1656 0.1712 0.2275 0.19 0.28 0.2783 0.275 0.2723
Distribution rate 115% 111% 85.7% 105% 73.2% 71.5% 72.4% 73.1%
Net sales 1 14,983 20,651 16,202 14,966 15,607 15,670 15,792 16,221
EBITDA 1 3,723 4,524 5,020 4,801 5,028 4,952 5,018 5,164
EBIT 1 1,931 2,530 2,798 2,262 2,999 2,976 2,974 2,976
Net income 1 657 679 952 801 1,150 1,164 1,151 1,139
Net Debt 1 11,565 - 15,319 15,565 15,357 16,938 17,151 16,480
Reference price 2 4.832 4.656 4.555 3.091 3.915 4.735 4.735 4.735
Nbr of stocks (in thousands) 3,946,678 3,947,065 4,165,997 4,163,910 4,133,900 4,133,898 - -
Announcement Date 2/17/22 3/1/23 3/1/24 3/13/25 2/25/26 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.01x2.5x7.91x4.27% 22.98B
67.34x5.77x44.75x0.19% 267B
23.58x9.55x15.96x2.64% 196B
20.67x4.08x11.54x3.59% 159B
14.48x1.97x6.9x4.91% 116B
21.51x6.05x13.21x3.13% 110B
24.81x3.85x13.81x0.6% 104B
19.57x5.85x11.66x3.33% 103B
21.52x5.34x12.63x2.85% 73.93B
17.89x6.34x12.99x4.16% 56.46B
Average 24.84x 5.13x 15.14x 2.97% 120.73B
Weighted average by Cap. 31.04x 5.60x 19.56x 2.49%

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

  1. Stock Market
  2. Equities
  3. EDP Stock
  4. Valuation EDP - Energias de Portugal, S.A.