` ENGI4 (Energisa SA) vs IBE (Iberdrola SA) Comparison - Alpha Spread

ENGI4
vs
IBE

Over the past 12 months, ENGI4 has significantly outperformed IBE, delivering a return of +64% compared to the IBE's +27% growth.

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ENGI4
IBE
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Valuation Comparison

ENGI4 Intrinsic Value
11.56 BRL
Undervaluation 3%
Intrinsic Value
Price R$11.22
IBE Intrinsic Value
13.28 EUR
Overvaluation 33%
Intrinsic Value
Price €19.86
Company Last Price Intrinsic Value DCF Value Multiples-Based Value Wall St Target
Energisa SA
BOVESPA:ENGI4
11.22 BRL
Iberdrola SA
MAD:IBE
19.86 EUR
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Growth Comparison

Growth Over Time
ENGI4, IBE

ENGI4
IBE
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
Energisa SA
Revenue
Iberdrola SA
Revenue

All metrics are calculated based on data from the last 10 years.

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Profitability Comparison

Free Cash Flow
ENGI4, IBE

ENGI4
IBE
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
Energisa SA
BOVESPA:ENGI4
Iberdrola SA
MAD:IBE
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What is Free Cash Flow?

Gross Margin

ENGI4
24.9%
IBE
48.6%
LTM 3Y Avg 5Y Avg 10Y Avg
Energisa SA
Iberdrola SA

Operating Margin

ENGI4
19%
IBE
23.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Energisa SA
Iberdrola SA

Net Margin

ENGI4
9.2%
IBE
14.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Energisa SA
Iberdrola SA

FCF Margin

ENGI4
0%
IBE
7.2%
LTM 3Y Avg 5Y Avg 10Y Avg
Energisa SA
Iberdrola SA

ROE

ENGI4
19%
IBE
12%
LTM 3Y Avg 5Y Avg 10Y Avg
Energisa SA
Iberdrola SA

ROA

ENGI4
4.2%
IBE
3.9%
LTM 3Y Avg 5Y Avg 10Y Avg
Energisa SA
Iberdrola SA

ROIC

ENGI4
9.8%
IBE
5.6%
LTM 3Y Avg 5Y Avg 10Y Avg
Energisa SA
Iberdrola SA

ROCE

ENGI4
10.7%
IBE
7.9%
LTM 3Y Avg 5Y Avg 10Y Avg
Energisa SA
Iberdrola SA

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
ENGI4, IBE

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Performance Gap
ENGI4, IBE

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ENGI4
IBE
Difference
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Performance By Year
ENGI4, IBE

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ENGI4
IBE
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Compare ENGI4 to other stocks
NEE
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More expensive
vs ENGI4
ENEL
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More expensive
vs ENGI4
CEG
Constellation Energy Corp
More expensive
vs ENGI4
SO
Southern Co
Cheaper
vs ENGI4
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett