0.40%
0.40%
2.45%
2.94%
35.89%
25.48%
61.72%
AI Spotlight on ECV
Company Description
Encavis AG, an independent power producer, acquires and operates solar and onshore wind parks in Europe.It operates through PV Parks, PV Service, Wind Parks, and Asset Management segments.The company's portfolio includes 208 solar parks and 96 wind parks with a capacity of around 3.2 gigawatt in Germany, Italy, France, the United Kingdom, Austria, Finland, Sweden, Denmark, the Netherlands, Spain, and Ireland.
It also provides advisory and asset management services to institutional investors in the renewable energy sector; and commercial, technical, and other services.The company is headquartered in Hamburg, Germany.
Market Data
| Last Price | 17.53 |
| Change Percentage | 0.40% |
| Open | 17.44 |
| Previous Close | 17.46 |
| Market Cap ( Millions) | 2835 |
| Volume | 87754 |
| Year High | 18.16 |
| Year Low | 10.71 |
| M A 50 | 17.37 |
| M A 200 | 17.13 |
Financial Ratios
| FCF Yield | 2.93% |
| Dividend Yield | 0.00% |
| ROE | -1.18% |
| Debt / Equity | 20.20% |
| Net Debt / EBIDTA | -8.39% |
| Price To Book | 2.42 |
| Price Earnings Ratio | -227.33 |
| Price To FCF | 34.17 |
| Price To sales | 6.57 |
| EV / EBITDA | 9.51 |
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> PV Parks
Expected Growth : 12 %
What the company do ?
PV Parks from Encavis AG are solar power plants generating renewable energy, offering a sustainable investment opportunity with stable returns.
Why we expect these perspectives ?
Encavis AG's PV Parks segment growth of 12% is driven by increasing demand for renewable energy, declining solar panel costs, and favorable government policies. Additionally, the company's strategic acquisitions and expansion into new markets have contributed to its growth. Furthermore, the rising need for energy storage and grid stability has led to increased adoption of solar power, supporting the segment's growth.
Segment n°2 -> Wind Parks
Expected Growth : 11 %
What the company do ?
Wind Parks from Encavis AG are renewable energy generation facilities that harness wind power to produce electricity, contributing to a sustainable energy mix.
Why we expect these perspectives ?
Encavis AG's Wind Parks segment growth of 11% is driven by increasing demand for renewable energy, favorable government policies and subsidies, declining wind turbine costs, and strategic acquisitions. Additionally, the company's focus on operational efficiency, capacity expansions, and strong project pipeline contribute to its growth momentum.
Segment n°3 -> PV Services
Expected Growth : 10 %
What the company do ?
PV Services from Encavis AG offers a comprehensive range of services for photovoltaic systems, including planning, installation, operation, and maintenance.
Why we expect these perspectives ?
Encavis AG's PV Services segment growth is driven by increasing demand for renewable energy, declining solar panel costs, and government incentives for clean energy adoption. Additionally, the company's strategic acquisitions and partnerships have expanded its customer base and enhanced its service offerings, contributing to the 10% growth rate.
Segment n°4 -> Asset Management
Expected Growth : 9 %
What the company do ?
Encavis AG's Asset Management offers customized investment solutions for renewable energy assets, focusing on solar and wind power projects in Europe.
Why we expect these perspectives ?
Encavis AG's 9% growth in Asset Management is driven by increasing demand for renewable energy, successful acquisitions, and strategic partnerships. The company's expertise in solar and wind power, as well as its diversified portfolio, have enabled it to capitalize on the growing trend towards sustainable energy. Additionally, its strong track record of delivering stable returns has attracted institutional investors, further fueling growth.
Segment n°5 -> Reconciliation
Expected Growth : 8 %
What the company do ?
Reconciliation from Encavis AG refers to the process of comparing and adjusting financial records to ensure accuracy and consistency between internal and external reports.
Why we expect these perspectives ?
Encavis AG's 8% growth is driven by increasing renewable energy demand, successful acquisitions, and strategic partnerships. The company's diversified portfolio of solar parks and wind farms benefits from favorable regulatory environments and declining technology costs. Additionally, Encavis AG's efficient operations and cost management enable the company to maintain a strong margin profile, supporting its growth momentum.
Segment n°6 -> Administration
Expected Growth : 7 %
What the company do ?
Encavis AG's administration is responsible for overseeing the company's operations, strategy, and financial performance, ensuring efficient management and decision-making processes.
Why we expect these perspectives ?
Encavis AG's administration segment growth of 7% is driven by increasing demand for renewable energy, expansion into new markets, and strategic acquisitions. Additionally, the company's focus on operational efficiency, cost savings, and investments in digitalization have contributed to the growth. Furthermore, the administration segment has benefited from the company's diversified portfolio and strong partnerships.
Encavis Ag Products
| Product Range | What is it ? |
|---|---|
| Renewable Energy | Encavis AG develops, constructs, and operates renewable energy power plants, including solar parks and wind farms, to generate clean energy. |
| Energy Storage | Encavis AG offers energy storage solutions, including battery storage systems, to stabilize the grid and provide backup power. |
| Grid Services | Encavis AG provides grid services, including frequency regulation, voltage support, and reactive power compensation, to ensure grid stability. |
| Electricity Trading | Encavis AG trades electricity on the wholesale market, optimizing energy supply and demand. |
| Green Bonds | Encavis AG issues green bonds to finance renewable energy projects, promoting sustainable investing. |
Encavis AG's Porter Forces
Threat Of Substitutes
The threat of substitutes for Encavis AG is moderate, as there are alternative sources of renewable energy, but the company's focus on solar and wind energy provides some protection.
Bargaining Power Of Customers
The bargaining power of customers is low, as Encavis AG's customers are largely dependent on the company for their energy needs, giving the company significant pricing power.
Bargaining Power Of Suppliers
The bargaining power of suppliers is moderate, as Encavis AG relies on a few large suppliers for its equipment and services, but the company's scale and reputation provide some negotiating power.
Threat Of New Entrants
The threat of new entrants is high, as the renewable energy industry is attractive and there are low barriers to entry, but Encavis AG's established position and expertise provide some protection.
Intensity Of Rivalry
The intensity of rivalry is high, as the renewable energy industry is highly competitive, but Encavis AG's focus on solar and wind energy and its established position provide some competitive advantage.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 69.06% |
| Debt Cost | 6.86% |
| Equity Weight | 30.94% |
| Equity Cost | 7.81% |
| WACC | 7.16% |
| Leverage | 223.22% |
Encavis AG : Quality Control
Encavis AG passed 1 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| NEOEN.PA | Neoen S.A., an independent renewable energy production company, engages in the design, development, finance, construction project management, and operation of renewable energy power plants. The company operates solar, wind, and … |
| RNW | ReNew Energy Global Plc generates power through non-conventional and renewable energy sources in India. The company operates through Wind Power and Solar Power segments. It develops, builds, owns, and operates … |
| FORTUM.HE | Fortum Oyj, together with its subsidiaries, engages in the generation and sale of electricity and heat in the Nordic countries, Germany, the United Kingdom, Russia, the Netherlands, the Baltic Rim … |
| ANE.MC | Corporación Acciona Energías Renovables, S.A. engages in the promotion, construction, operation, maintenance, and development of renewable energy projects in Spain and internationally. The company operates onshore wind, photovoltaic solar, hydraulic, … |
| EDPR.LS | EDP Renováveis, S.A., a renewable energy company, plans, constructs, operates, and maintains electric power generation plants. The company operates wind and solar farms. As of December 31, 2021, it had … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Neoen
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Encavis
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Fortum
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Acciona Energías Renovables
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ReNew Energy Global
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