Company Valuation: Iberdrola, S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 64,285 68,515 74,060 82,169 1,21,688 1,30,401 - -
Change - 6.58% 8.09% 10.95% 48.1% 7.16% - -
Enterprise Value (EV) 1 1,03,826 1,12,700 1,21,974 1,21,471 1,21,688 1,87,336 1,91,040 1,96,737
Change - 8.55% 8.23% -0.41% 0.18% 53.95% 1.98% 2.98%
P/E ratio 17.8x 16.8x 16.5x 15.8x 20x 19.9x 18.6x 17.5x
PBR 1.64x 1.69x 1.75x 1.8x - 2.22x 2.08x 2.15x
PEG - 1.4x 1.6x 0.9x 2x 3.28x 2.61x 2.74x
Capitalization / Revenue 1.64x 1.27x 1.5x 1.84x 2.67x 2.78x 2.61x 2.45x
EV / Revenue 2.65x 2.09x 2.47x 2.72x 2.67x 3.99x 3.83x 3.69x
EV / EBITDA 8.65x 8.52x 8.46x 7.21x 7.33x 11.2x 10.9x 10.6x
EV / EBIT 14.1x 14.1x 13.6x 12.5x 11.8x 17.5x 16.9x 16.4x
EV / FCF 63.5x 30.8x 28.7x 28.5x - 68.9x - -84.1x
FCF Yield 1.57% 3.24% 3.48% 3.51% - 1.45% - -1.19%
Dividend per Share 2 0.44 0.449 0.501 0.56 - 0.7238 0.7591 0.8062
Rate of return 4.23% 4.11% 4.22% 4.21% - 3.7% 3.89% 4.13%
EPS 2 0.584 0.652 0.719 0.841 0.925 0.9811 1.051 1.118
Distribution rate 75.3% 68.9% 69.7% 66.6% - 73.8% 72.2% 72.1%
Net sales 1 39,114 53,949 49,335 44,739 45,547 46,980 49,917 53,332
EBITDA 1 12,006 13,228 14,417 16,848 16,592 16,670 17,567 18,549
EBIT 1 7,343 7,984 8,973 9,729 10,276 10,699 11,292 11,962
Net income 1 3,885 4,339 4,803 5,612 6,285 6,573 7,045 7,534
Net Debt 1 39,541 44,185 47,914 39,302 - 56,934 60,639 66,336
Reference price 2 10.41 10.93 11.87 13.30 18.46 19.54 19.54 19.54
Nbr of stocks (in thousands) 61,75,302 62,68,568 62,39,270 61,78,092 65,90,209 66,73,552 - -
Announcement Date 23/02/22 22/02/23 22/02/24 27/02/25 25/02/26 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.58x3.94x11.11x3.77% 15TCr
57.61x4.92x38.14x0.21% 23TCr
22.98x9.4x15.66x2.72% 19TCr
13.88x1.92x6.72x5.12% 11TCr
27.62x3.53x14.68x0.57% 11TCr
21.02x5.98x13.05x3.16% 11TCr
19.3x5.8x11.5x3.38% 10TCr
20.75x5.24x12.38x2.97% 7.1TCr
17.31x6.26x12.7x4.29% 5.47TCr
18.12x3.15x9.97x0.6% 5.36TCr
Average 23.82x 5.01x 14.59x 2.68% 11.75TCr
Weighted average by Cap. 27.75x 5.29x 17.34x 2.48%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Equities
  3. IBE Stock
  4. Valuation Iberdrola, S.A.
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