3.00%
-13.29%
-26.23%
-34.29%
-39.97%
-46.06%
-25.01%
AI Spotlight on ELI
Company Description
Elia Group SA/NV operates a transmission system operator for the electricity network in Belgium and internationally.It provides electricity transmission services; transmits electricity from generators; imports and exports electricity; and offers consultancy and engineering services.The company primarily serves electricity generators, distribution system operators, and industrial consumers.
It operates 18,990 kilometers of high-voltage connections.Elia Group SA/NV is headquartered in Brussels, Belgium.
Market Data
| Last Price | 65.25 |
| Change Percentage | 3.00% |
| Open | 62.3 |
| Previous Close | 63.35 |
| Market Cap ( Millions) | 4796 |
| Volume | 137063 |
| Year High | 110.5 |
| Year Low | 60.35 |
| M A 50 | 74.5 |
| M A 200 | 89.7 |
Financial Ratios
| FCF Yield | -82.66% |
| Dividend Yield | 3.05% |
| ROE | 7.30% |
| Debt / Equity | 239.89% |
| Net Debt / EBIDTA | 737.76% |
| Price To Book | 0.92 |
| Price Earnings Ratio | 13.4 |
| Price To FCF | -1.21 |
| Price To sales | 1.36 |
| EV / EBITDA | 10.88 |
News
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> 50 Hertz Transmission
Expected Growth : 10 %
What the company do ?
The 50 Hertz Transmission from Elia Group SA/NV is a high-voltage transmission system operator in Germany and Belgium, ensuring reliable energy supply.
Why we expect these perspectives ?
Elia Group's 50 Hertz Transmission growth is driven by increasing demand for renewable energy, grid expansion, and electrification of transportation. Strong government support for energy transition, rising electricity consumption, and strategic investments in grid infrastructure also contribute to this growth.
Segment n°2 -> Elia Transmission
Expected Growth : 12 %
What the company do ?
Elia Transmission, a subsidiary of Elia Group SA/NV, is responsible for the operation and management of Belgium's high-voltage transmission grid.
Why we expect these perspectives ?
Elia Transmission's 12% growth is driven by increasing electricity demand, grid expansion, and renewable energy integration. Strong government support for energy transition and electrification of transportation also contribute to growth. Additionally, Elia's strategic investments in grid modernization and digitalization enhance its operational efficiency, further boosting growth.
Segment n°3 -> Non-regulated Activities and Nemo Link
Expected Growth : 9 %
What the company do ?
Non-regulated activities refer to Elia Group SA/NV's commercial activities outside of transmission system operation, while Nemo Link is a 1GW subsea interconnector between UK and Belgium, enhancing energy exchange and security.
Why we expect these perspectives ?
Elia Group SA/NV's Non-regulated Activities and Nemo Link exhibit 9% growth driven by increasing demand for cross-border energy trading, expansion of renewable energy sources, and investments in grid infrastructure. Additionally, the integration of Nemo Link, a subsea interconnector, enhances Elia's position in the European energy market, fostering growth through increased transmission capacity and reduced energy costs.
Segment n°4 -> Consolidation Entries & Intersegment Transactions
Expected Growth : 8 %
What the company do ?
Consolidation Entries refer to the elimination of intercompany transactions between Elia Group SA/NV's subsidiaries, while Intersegment Transactions represent the exchange of goods or services between different business segments within the group.
Why we expect these perspectives ?
Elia Group SA/NV's 8% growth is driven by strategic consolidation entries, enhancing operational efficiency and reducing costs. Intersegment transactions optimize resource allocation, fostering a competitive edge. Key drivers include increased transmission volumes, effective cost management, and successful integration of acquired assets, resulting in improved profitability and sustainable growth.
Elia Group Sa/Nv Products
| Product Range | What is it ? |
|---|---|
| Transmission Services | Elia Group SA/NV provides transmission services, enabling the transportation of electricity from power plants to the grid, ensuring a reliable and efficient supply of electricity to meet the demands of consumers. |
| System Services | Elia Group SA/NV offers system services, including frequency control, voltage control, and grid stability, to ensure the stability and reliability of the grid. |
| Grid Access | Elia Group SA/NV provides grid access services, enabling producers and consumers to connect to the grid, and facilitating the exchange of electricity between them. |
| Grid Management | Elia Group SA/NV offers grid management services, including grid planning, operation, and maintenance, to ensure the reliability and efficiency of the grid. |
| Data and Analytics | Elia Group SA/NV provides data and analytics services, offering insights and data-driven solutions to support the operation and management of the grid. |
Elia Group SA/NV's Porter Forces
Threat Of Substitutes
The threat of substitutes for Elia Group SA/NV is moderate, as there are alternative energy providers and infrastructure operators in the market.
Bargaining Power Of Customers
The bargaining power of customers is low, as Elia Group SA/NV is a dominant player in the Belgian energy market and has a strong customer base.
Bargaining Power Of Suppliers
The bargaining power of suppliers is moderate, as Elia Group SA/NV relies on a diverse range of suppliers for its energy transmission and distribution activities.
Threat Of New Entrants
The threat of new entrants is low, as the energy transmission and distribution market in Belgium is heavily regulated and requires significant investment and expertise.
Intensity Of Rivalry
The intensity of rivalry is high, as Elia Group SA/NV operates in a competitive market with other energy providers and infrastructure operators.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 69.71% |
| Debt Cost | 3.95% |
| Equity Weight | 30.29% |
| Equity Cost | 6.59% |
| WACC | 4.75% |
| Leverage | 230.20% |
Elia Group SA/NV : Quality Control
Elia Group SA/NV passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| PGE.WA | PGE Polska Grupa Energetyczna S.A. engages in the production, transmission, and distribution of electricity in Poland. The company operates through seven segments: Conventional Generation, District Heating, Renewables, Supply, Distribution, Circular … |
| CMS | CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in … |
| TRN.MI | Terna - Rete Elettrica Nazionale Società per Azioni, together with its subsidiaries, engages in the electricity transmission and dispatching activities in Italy, Euro-area countries, and internationally. The company operates through … |
| ERG.MI | ERG S.p.A., through its subsidiaries, produces energy through renewable sources in Italy, France, Germany, Poland, Bulgaria, and Romania. The company generates electricity through wind, solar, hydroelectric, and thermoelectric power plants, … |
| RED.MC | Redeia Corporación, S.A. engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally. Its transmission network comprises approximately … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Redeia
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Terna RETE
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CMS Energy
A-Score
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4
ERG
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1-Year Total Return ->
5
Elia
A-Score
1-Year Total Return ->
6
