EDP Renovaveis Fundamentals

Stocks . Portugal . 
Stock . EDP Renovaveis
EDPR Stock  EUR 21.09  0.16  0.76%   
EDP Renovaveis fundamentals help investors to digest information that contributes to EDP Renovaveis' financial success or failures. It also enables traders to predict the movement of EDP Renovaveis Stock. The fundamental analysis module provides a way to measure EDP Renovaveis' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to EDP Renovaveis stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

EDP Renovaveis 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.
Beta 
 = 
Covariance 
Variance 
More About Beta | All Equity Analysis

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 below average in book value per share category among related companies. It is rated below average in market capitalization category among related companies creating about  2,086,671,857  of Market Capitalization per Book Value Per Share. . 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.

EDP Renovaveis Profit Margin Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EDP Renovaveis' direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of EDP Renovaveis could also be used in its relative valuation, which is a method of valuing EDP Renovaveis by comparing valuation metrics of similar companies.
EDP Renovaveis is rated below average in profit margin category among related companies.

EDP Renovaveis Fundamentals

Return On Equity0.11 %
Return On Asset0.0194 %
Profit Margin0.44 %
Operating Margin0.36 %
Current Valuation27.65 B
Shares Outstanding960.56 M
Shares Owned by Insiders74.97 %
Shares Owned by Institutions18.59 %
Price to Book2.46 X
Price to Sales9.97 X
Revenue1.76 B
Gross Profit1.27 B
EBITDA1.78 B
Net Income655.44 M
Total Debt3.48 B
Book Value Per Share9.20 X
Cash Flow from Operations811.49 M
Earnings Per Share0.82 X
Price to Earnings To Growth4.78 X
Target Price23.6
Number of Employees2.97 K
Beta0.51
Market Capitalization19.2 B
Total Asset22.03 B
Z Score3.0
Annual Yield0.0045 %
Net Asset22.03 B

About EDP Renovaveis Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze EDP Renovaveis's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EDP Renovaveis using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EDP Renovaveis based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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.

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Pair Trading with EDP Renovaveis

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EDP Renovaveis position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EDP Renovaveis will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to EDP Renovaveis could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EDP Renovaveis when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back EDP Renovaveis - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling EDP Renovaveis to buy it.
The correlation of EDP Renovaveis is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EDP Renovaveis moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EDP Renovaveis moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for EDP Renovaveis can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out EDP Renovaveis Piotroski F Score and EDP Renovaveis Altman Z Score analysis. You can also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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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 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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Please note, there is a significant difference between EDP Renovaveis' value and its price as these two are different measures arrived at by different means. Investors typically determine EDP Renovaveis value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EDP Renovaveis' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.


 
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