IBE Stock Analysis: Iberdrola S.A. | MC
Utilities - Diversified | MC, Spain | Market Cap: 138.469m EUR | 12M Return: 44.6% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 182M
EPS Trend: 22.3%
Qual. Beats: -1
Rev. Trend: -15.9%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Iberdrola is a Spanish vertically integrated electric utility founded in 1840 and headquartered in Bilbao. The company operates across the full electricity value chain - generation, transmission, distribution, and retail supply - in Spain, the United Kingdom, the United States, Mexico, Brazil, Germany, France, and Australia, with a total installed capacity of 46,177 MW.
Generation is heavily weighted toward renewables, including onshore and offshore wind, solar photovoltaic, and hydroelectric, supplemented by nuclear, combined cycle gas, and battery storage. The company also participates in wholesale electricity and gas trading and is developing green hydrogen production as part of its decarbonization strategy.
Iberdrola serves residential customers with products such as heat pumps, rooftop solar, self-consumption solutions, and electric mobility services, and provides industrial customers with green hydrogen, industrial heat, and energy facility management. As a regulated electric utility in the GICS classification, its business model combines regulated network revenue with competitive generation and retail activities, a structure common among large European utilities.
- US offshore wind pipeline expands under IRA tax credits
- Higher interest costs pressure net debt and dividend coverage
- UK and Spain regulated electricity returns face periodic resets
| Net Income: 7.06b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -1.64 > 1.0 |
| NWC/Revenue: -14.94% < 20% (prev -13.04%; Δ -1.90% < -1%) |
| CFO/TA 0.05 > 3% & CFO 8.80b > Net Income 7.06b |
| Net Debt (58.7b) to EBITDA (17.5b): 3.34 < 3 |
| Current Ratio: 0.75 > 1.5 & < 3 |
| Outstanding Shares: last quarter (6.58b) vs 12m ago 5.37% < -2% |
| Gross Margin: 31.40% > 18% (prev 48.86%; Δ -17.46% > 0.5%) |
| Asset Turnover: 28.06% > 50% (prev 35.11%; Δ -7.05% > 0%) |
| Interest Coverage Ratio: 2.66 > 6 (EBIT TTM 11.2b / Interest Expense TTM 4.23b) |
| A: -0.04 (Total Current Assets 20.6b - Total Current Liabilities 27.4b) / Total Assets 165b |
| B: 0.03 (Retained Earnings 4.34b / Total Assets 165b) |
| C: 0.07 (EBIT TTM 11.2b / Avg Total Assets 161b) |
| D: 0.58 (Book Value of Equity 59.1b / Total Liabilities 103b) |
| Altman-Z'' = 0.89 = B |
| DSRI: 1.24 (Receivables 8.67b/8.52b, Revenue 45.3b/55.3b) |
| GMI: 1.56 (GM 48.86% / 31.40%) |
| AQI: 1.03 (AQ_t 0.26 / AQ_t-1 0.25) |
| SGI: 0.82 (Revenue 45.3b / 55.3b) |
| TATA: -0.01 (NI 7.06b - CFO 8.80b) / TA 165b) |
| Beneish M = -2.43 (Cap -4..+1) = BBB |
As of July 28, 2026, the stock is trading at EUR 21.23 with a total of 6,901,268 shares traded. Over the past week, the price has changed by -0.23%, over one month by -0.73%, over three months by +8.41% and over the past year by +44.61%.
Current recommended Stop Loss: 20.30 (which is 4.4% or 2.7 ATR below the current price).
Iberdrola S.A. has no consensus analysts rating.
P/E Trailing = 26.325
P/E Forward = 21.0526
P/S = 3.1156
P/B = 2.3663
P/EG = 3.5216
Revenue TTM = 45.3b EUR
EBIT TTM = 11.2b EUR
EBITDA TTM = 17.5b EUR
Long Term Debt = 46.5b EUR (from longTermDebt, last quarter)
Short Term Debt = 13.4b EUR (from shortTermDebt, last quarter)
Debt = 65.3b EUR (from shortLongTermDebtTotal, last quarter) + Leases 2.84b
Net Debt = 58.7b EUR (calculated: Debt 65.3b - CCE 6.61b)
Enterprise Value = 197b EUR (138b + Debt 65.3b - CCE 6.61b)
Interest Coverage Ratio = 2.66 (Ebit TTM 11.2b / Interest Expense TTM 4.23b)
EV/FCF = 165.5x (Enterprise Value 197b / FCF TTM 1.19b)
FCF Yield = 0.60% (FCF TTM 1.19b / Enterprise Value 197b)
FCF Margin = 2.63% (FCF TTM 1.19b / Revenue TTM 45.3b)
Net Margin = 15.59% (Net Income TTM 7.06b / Revenue TTM 45.3b)
Gross Margin = 31.40% ((Revenue TTM 45.3b - Cost of Revenue TTM 31.1b) / Revenue TTM)
Gross Margin QoQ = 55.76% (prev 27.52%)
Tobins Q-Ratio = 1.19 (Enterprise Value 197b / Total Assets 165b)
Interest Expense / Debt = 6.47% (Interest Expense 4.23b / Debt 65.3b)
Taxrate = 18.99% (1.48b / 7.82b)
NOPAT = 9.10b (EBIT 11.2b * (1 - 18.99%))
Current Ratio = 0.75 (Total Current Assets 20.6b / Total Current Liabilities 27.4b)
Debt / Equity = 1.11 (Debt 65.3b / totalStockholderEquity, last quarter 59.1b)
Debt / EBITDA = 3.34 (Net Debt 58.7b / EBITDA 17.5b)
Debt / FCF = 49.28 (Net Debt 58.7b / FCF TTM 1.19b)
Total Stockholder Equity = 52.1b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.38% (Net Income 7.06b / Total Assets 165b)
RoE = 13.55% (Net Income TTM 7.06b / Total Stockholder Equity 52.1b)
RoCE = 11.39% (EBIT 11.2b / Capital Employed (Equity 52.1b + L.T.Debt 46.5b))
RoIC = 6.11% (NOPAT 9.10b / Invested Capital 149b)
WACC = 5.47% (E(138b)/V(204b) * Re(5.58%) + D(65.3b)/V(204b) * Rd(6.47%) * (1-Tc(0.19)))
Discount Rate = 5.58% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 49.78 | Cagr: 1.04%
[DCF] Terminal Value 73.10% ; FCFF base≈2.20b ; Y1≈1.93b ; Y5≈1.56b
[DCF] Fair Price = N/A (negative equity: EV 25.0b - Net Debt 58.7b = -33.7b; debt exceeds intrinsic value)
EPS Correlation: 22.27 | EPS CAGR: 2.98% | SUE: -0.94 | # QB: -1
Revenue Correlation: -15.88 | Revenue CAGR: -1.67% | SUE: -0.07 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.23 | Chg30d=-11.54% | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=1.01 | Chg30d=+0.38% | Revisions=+25% | GrowthEPS=+10.2% | GrowthRev=-4.8%
EPS next Year (2027-12-31): EPS=1.07 | Chg30d=+0.35% | Revisions=+25% | GrowthEPS=+6.3% | GrowthRev=+7.0%
[Analyst] Revisions Ratio: +40% (up=2, down=0)