Skip to Content
Morningstar

Endesa SA ELE

Morningstar Rating
Unlock
Stock XMAD Rating as of
€18.08 +0.28 (1.57%)
View Full Chart
As of Delayed Price Closed
Unlock our analysis with Morningstar Investor
Start Free Trial

Company Report

View Archive

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.

Read Full Report

Price vs Fair Value

View History
ELE is trading at a 395% premium.
Price
€18.08
Fair Value
€32.00
Uncertainty
Medium
1-Star Price
€49.00
5-Star Price
€32.00
Economic Moat
Gwgf
Capital Allocation
Fxhgxbplv

Bulls Say, Bears Say

Bulls

Increasing renewable capacity should improve the electricity margins.

Bears

The absence of an international footprint implies full exposure to the competitive renewables Spanish market and an adverse regulatory backdrop.

Show More
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 ELE is a good fit for your portfolio.
Get 7 Days Free

News

View All

Trading Information

Previous Close Price
€17.80
Day Range
€17.87–18.08
52-Week Range
€15.85–20.18
Bid/Ask
— / —
Market Cap
€19.12 Bil
Volume/Avg
1.0 Mil / 1.5 Mil

Key Statistics

Price/Earnings (Normalized)
25.13
Price/Sales
0.76
Dividend Yield (Trailing)
5.53%
Dividend Yield (Forward)
5.53%
Total Yield
5.64%

Company Profile

Endesa generates, distributes, and supplies electricity in Spain and Portugal. The company has 22 gigawatts of installed generation capacity split among hydroelectric, nuclear, coal, natural gas, oil, solar, and wind. Endesa also supplies gas to retail and business customers in Spain and France.
Sector
Utilities
Industry
Utilities - Regulated Electric
Stock Style Box
Large Value
Total Number of Employees
9,097
Website
https://www.endesa.com

Competitors

Valuation

View More
Metric
ELE
NTGY
IBE
Price/Earnings (Normalized)
 25.1310.0912.72
Price/Book Value
 2.732.151.40
Price/Sales
 0.760.891.64
Price/Cash Flow
 5.1916.757.46
Price/Earnings
ELE
NTGY
IBE

Financial Strength

Metric
ELE
NTGY
IBE
Quick Ratio
 0.871.020.60
Current Ratio
 1.101.220.77
Interest Coverage
 6.615.104.98
Quick Ratio
ELE
NTGY
IBE

Profitability

Metric
ELE
NTGY
IBE
Return on Assets (Normalized)
 4.12%6.86%4.79%
Return on Equity (Normalized)
 35.63%30.46%14.40%
Return on Invested Capital (Normalized)
 10.95%11.21%7.51%
Return on Assets
ELE
NTGY
IBE
See how this stock stacks up to its competitors with Morningstar Investor
Start Free Trial

Utilities - Regulated Electric Industry Comparables

Screen With Investor
1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
NextEra Energy Inc
NEE
KgzzdjtkHcwtmqz$147.6 Bil
 Southern Co
SO
VcwtrkfbfQnphqs$85.0 Bil
 Duke Energy Corp
DUK
MhmplpgdQzjwtn$77.1 Bil
 National Grid PLC ADR
NGG
HvkzmqkmNrsw$55.7 Bil
 American Electric Power Co Inc
AEP
KcnyyxnZmsthkv$46.2 Bil
 PG&E Corp
PCG
HtpxgpfhMbpn$45.0 Bil
 Dominion Energy Inc
D
DyrvnytqwHxvlfs$41.2 Bil
 Public Service Enterprise Group Inc
PEG
FxynhpcFxcpnth$36.9 Bil
 Exelon Corp
EXC
YxsbmvvlBlnmcx$34.7 Bil
 Consolidated Edison Inc
ED
SgmmwsbxJgtpn$30.7 Bil

Sponsor Center