EDP Renovaveis SA
ELI:EDPR
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P/FCFE
Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.
Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.
Valuation Scenarios
If P/FCFE returns to its Industry Average (14.6), the stock would be worth €-40.09 (382% downside from current price).
| Scenario | P/FCFE Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | -5.2 | €14.21 |
0%
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| Industry Average | 14.6 | €-40.09 |
-382%
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| Country Average | 15.6 | €-42.94 |
-402%
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Forward P/FCFE
Today’s price vs future free cash flow to equity
Peer Comparison
| Market Cap | P/FCFE | P/E | ||||
|---|---|---|---|---|---|---|
| ES |
E
|
EDP Renovaveis SA
ELI:EDPR
|
14.5B EUR | -5.2 | 68.1 | |
| CN |
|
China Yangtze Power Co Ltd
SSE:600900
|
655B CNY | 18.9 | 20.1 | |
| ID |
B
|
Barito Renewables Energy PT Tbk
IDX:BREN
|
596.7T IDR | 289.8 | 284.1 | |
| CN |
|
Huaneng Lancang River Hydropower Inc
SSE:600025
|
172.8B CNY | 2 578.4 | 20.9 | |
| IN |
|
Adani Green Energy Ltd
NSE:ADANIGREEN
|
2.1T INR | -31 | 121.8 | |
| CN |
|
China Longyuan Power Group Corp Ltd
HKEX:916
|
135.2B HKD | 43.9 | 25.4 | |
| CN |
|
China Three Gorges Renewables Group Co Ltd
SSE:600905
|
117.2B CNY | 19 | 22 | |
| RO |
|
Societatea de Producere a Energiei Electrice in Hidrocentrale Hidroelectrica SA
F:E28
|
13.9B EUR | 16.9 | 23.4 | |
| CN |
|
Sichuan Chuantou Energy Co Ltd
SSE:600674
|
74.9B CNY | 81.4 | 15.8 | |
| IL |
E
|
Enlight Renewable Energy Ltd
TASE:ENLT
|
30.9B ILS | -75.7 | 77.9 | |
| BM |
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Brookfield Renewable Partners LP
TSX:BEP.UN
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13.4B CAD | -0.6 | -138.9 |
Market Distribution
| Min | 1.4 |
| 30th Percentile | 10.4 |
| Median | 15.6 |
| 70th Percentile | 26.3 |
| Max | 531.1 |
Other Multiples
EDP Renovaveis SA
Glance View
EDP Renováveis SA, commonly known as EDPR, is a remarkable player in the renewable energy sector, emerging as a compelling narrative of sustainable growth and innovation. It sits under the umbrella of the Portuguese utility giant, EDP Group, reflecting a robust blend of tradition and forward-thinking green energy solutions. Launched in 2007, EDPR has rapidly harnessed the winds of change, metaphorically and literally, becoming one of the leading global producers of wind energy. The company develops, constructs, and operates renewable power plants, primarily focusing on wind and solar energies, thus capitalizing on the accelerating global transition towards cleaner energy sources. By strategically positioning its operations in key markets across Europe, North America, and the Brazilian sector, EDPR has tapped into diverse geographical demand and regulatory environments, fueling its expansion and operational capabilities. The company's revenue model hinges on the generation and sale of electricity derived from renewable sources, which is sold through long-term power purchase agreements (PPAs), regulated tariff schemes, and market mechanisms. This financial structure provides a level of stability and predictability in revenues, as these agreements typically involve fixed prices, insulating EDPR from the volatile energy market fluctuations. This strategic approach allows EDPR not only to diminish exposure to price risks but also to secure steady cash flows, enabling reinvestment in new projects and technological advancements. In essence, EDPR's business model reflects a nuanced understanding of renewable energy's dynamic market, combining technological acumen in harnessing natural resources with a sophisticated financial strategy that ensures sustained growth and investment appeal.