EDP Financial Statements From 2010 to 2023
| EDPR Stock | EUR 15.10 0.42 2.71% |
Check EDP Renovaveis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EDP main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . EDP financial statements analysis is a perfect complement when working with EDP Renovaveis Valuation or Volatility modules.
EDP |
EDP Beta Analysis
EDP Renovaveis' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it will be expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current EDP Renovaveis Beta | 0.51 |
Most of EDP Renovaveis' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, EDP Renovaveis is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, EDP Renovaveis has a Beta of 0.5067. This is 12.6% higher than that of the Independent Power and Renewable Electricity Producers sector and 4.4% lower than that of the Utilities industry. The beta for all Portugal stocks is notably lower than that of the firm.
EDP Renovaveis Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining EDP Renovaveis's current stock value. Our valuation model uses many indicators to compare EDP Renovaveis value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across EDP Renovaveis competition to find correlations between indicators driving EDP Renovaveis's intrinsic value. More Info.EDP Renovaveis is rated # 4 in profit margin category among related companies. It is rated # 4 in market capitalization category among related companies creating about 43,256,486,668 of Market Capitalization per Profit Margin. . Comparative valuation analysis is a catch-all model that can be used if you cannot value EDP Renovaveis by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for EDP Renovaveis' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the EDP Renovaveis' earnings, one of the primary drivers of an investment's value.About EDP Renovaveis Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include EDP Renovaveis income statement, its balance sheet, and the statement of cash flows. EDP Renovaveis investors use historical funamental indicators, such as EDP Renovaveis's revenue or net income, to determine how well the company is positioned to perform in the future. Although EDP Renovaveis investors may use each financial statement separately, they are all related. The changes in EDP Renovaveis's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on EDP Renovaveis's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on EDP Renovaveis Financial Statements. Understanding these patterns can help to make the right decision on long term investment in EDP Renovaveis. Please read more on our technical analysis and fundamental analysis pages.
Be your own money manager
Our tools can tell you how much better you can do entering a position in EDP Renovaveis without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Piotroski F ScoreGet Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
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Check out the analysis of EDP Renovaveis Correlation against competitors. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for EDP Stock analysis
When running EDP Renovaveis' price analysis, check to measure EDP Renovaveis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EDP Renovaveis is operating at the current time. Most of EDP Renovaveis' value examination focuses on studying past and present price action to predict the probability of EDP Renovaveis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EDP Renovaveis' price. Additionally, you may evaluate how the addition of EDP Renovaveis to your portfolios can decrease your overall portfolio volatility.
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