0.58%
2.17%
-5.49%
-12.84%
-17.93%
-37.33%
-49.61%
AI Spotlight on ENG
Company Description
Enagás, S.A. engages in the development, operation, and maintenance of gas infrastructures in Spain, Mexico, Chile, Peru, Albania, Greece, Italy, and the United States.It operates through Gas transmission, Regasification, and Storage of Gas segments.The company provides gas transmission services through primary and secondary transmission pipelines; natural gas regasification services; and operates underground storage facilities.
It is also involved in the operation and technical management of the basic network and secondary transportation network for natural gas.In addition, the company engages in the financial management activities; development of industrial projects and activities relating to LNG terminals, and hydrogen production and transport infrastructures; development and implementation of facilities for the supply of natural gas as fuel for vehicles, including its design, construction, and maintenance; and provision of commercial services for the purpose of enhancing the daily operational management of gas shippers.Further, it is involved in the development and integrated management of energy projects for the production of renewable gases from organic matter; development of projects to promote the role of renewable gases in the energy transition; and production of solar electric energy.
The company operates approximately 12,000 kilometers of gas pipelines, 20 compressor stations, and 6 international connections.Enagás, S.A. was founded in 1972 and is headquartered in Madrid, Spain.
Market Data
| Last Price | 12.22 |
| Change Percentage | 0.58% |
| Open | 12.14 |
| Previous Close | 12.15 |
| Market Cap ( Millions) | 3189 |
| Volume | 1021497 |
| Year High | 15.3 |
| Year Low | 11.58 |
| M A 50 | 12.23 |
| M A 200 | 13.34 |
Financial Ratios
| FCF Yield | 15.30% |
| Dividend Yield | 11.82% |
| ROE | -1.71% |
| Debt / Equity | 129.91% |
| Net Debt / EBIDTA | 299.94% |
| Price To Book | 1.26 |
| Price Earnings Ratio | -68.74 |
| Price To FCF | 6.53 |
| Price To sales | 3.54 |
| EV / EBITDA | 7.69 |
News
- Oct -23 - Enagas SA (ENGGF) Q3 2024 Earnings Call Highlights: Strategic Progress Amidst Regulatory Uncertainty
- Oct -09 - Enagas SA (ENGGF) Q2 2024 Earnings Call Highlights: Strategic Divestments and Green Hydrogen Focus
- Jul -31 - Enagas to build trans-European hydrogen pipeline
- Mar -21 - German Stade LNG hub agrees on land-based terminal from 2027
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Infrastructures
Expected Growth : 6.15 %
What the company do ?
Enagás, S.A. operates and manages the Spanish gas grid, comprising over 12,000 km of high-pressure gas pipelines, 20 compressor stations, and 30 storage facilities.
Why we expect these perspectives ?
Enagás, S.A.'s 6.15% growth in infrastructure is driven by increasing demand for natural gas, strategic expansion into new markets, and investments in renewable energy integration. Additionally, the company's focus on operational efficiency, cost savings, and regulatory support contribute to its growth momentum.
Segment n°2 -> Technical Management of the System
Expected Growth : 4.83 %
What the company do ?
Enagás, S.A.'s Technical Management of the System ensures the safe, efficient, and reliable operation of the Spanish gas system, managing gas flows, pressures, and storage.
Why we expect these perspectives ?
Enagás, S.A.'s 4.83% growth in Technical Management of the System is driven by increasing demand for natural gas, strategic infrastructure investments, and efficient operational management. Additionally, the company's focus on innovation, digitalization, and cost optimization have contributed to this growth.
Segment n°3 -> Other
Expected Growth : 7.12 %
What the company do ?
Enagás, S.A.'s 'Other' segment includes revenue from the company's unregulated businesses, such as telecommunications and renewable energy.
Why we expect these perspectives ?
Enagás, S.A.'s 7.12% growth is driven by increasing demand for natural gas in Spain, expansion into new markets, and strategic investments in infrastructure and renewable energy. Additionally, the company's diversified revenue streams, including transportation, regasification, and storage, contribute to its growth momentum.
Enagás, S.A. Products
| Product Range | What is it ? |
|---|---|
| Natural Gas Transportation | Enagás, S.A. operates a network of pipelines that transport natural gas from production and import points to consumption points, providing a safe and reliable service to its customers. |
| Natural Gas Storage | Enagás, S.A. manages and operates underground natural gas storage facilities, providing a strategic reserve of natural gas to ensure supply security and flexibility. |
| LNG Regasification | Enagás, S.A. operates liquefied natural gas (LNG) regasification terminals, allowing for the import and distribution of LNG to meet peak demand. |
| Gas Infrastructure Management | Enagás, S.A. provides management and operation services for gas infrastructure, including pipeline maintenance and repair. |
Enagás, S.A.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Enagás, S.A. is medium due to the availability of alternative energy sources such as renewable energy and liquefied natural gas (LNG).
Bargaining Power Of Customers
The bargaining power of customers for Enagás, S.A. is low due to the company's dominant position in the Spanish natural gas market and the lack of alternative suppliers.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Enagás, S.A. is medium due to the company's dependence on a few large suppliers of natural gas and the potential for price fluctuations.
Threat Of New Entrants
The threat of new entrants for Enagás, S.A. is low due to the high barriers to entry in the natural gas market, including the need for significant infrastructure investments and regulatory approvals.
Intensity Of Rivalry
The intensity of rivalry for Enagás, S.A. is high due to the competitive nature of the natural gas market and the presence of several large players.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 56.47% |
| Debt Cost | 4.63% |
| Equity Weight | 43.53% |
| Equity Cost | 6.73% |
| WACC | 5.55% |
| Leverage | 129.74% |
Enagás, S.A. : Quality Control
Enagás, S.A. passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| ALA.TO | AltaGas Ltd. operates as an energy infrastructure company in North America. The company operates through Utilities and Midstream segments. The Utilities segment owns and operates rate-regulated natural gas distribution and … |
| EVN.VI | EVN AG provides energy and environmental services for private and business customers, as well as municipalities in Austria, Bulgaria, Croatia, Germany, and Albania. The company operates through Energy, Generation, Networks, … |
| IG.MI | Italgas S.p.A., together with its subsidiaries, engages in the distribution of natural gas in Italy. It is involved in the transportation of gas through local pipeline networks from the delivery … |
| CNA.L | Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Norway, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, … |
| SRG.MI | Snam S.p.A., together with its subsidiaries, engages in the operation of natural gas transport and storage infrastructure in Italy. The company operates through Natural Gas Transportation, Liquefied Natural Gas (LNG) … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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AltaGas
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Italgas
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Centrica
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4
EVN
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5
Snam
A-Score
1-Year Total Return ->
6
