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Corporacion Acciona Energias Renovables SA (ES:ANE)
BME:ANE
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Corporacion Acciona Energias Renovables SA (ANE) AI Stock Analysis

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ES:ANE

Corporacion Acciona Energias Renovables SA

(BME:ANE)

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Neutral 52 (OpenAI - 5.2)
Rating:52Neutral
Price Target:
€23.50
▲(7.90% Upside)
Action:Reiterated
Date:03/05/26
The score is driven primarily by mixed financials: strong margins and improving leverage are outweighed by a steep revenue contraction and ongoing negative free cash flow. Technicals add pressure given the price is below key moving averages with negative MACD, while valuation (low P/E and a modest dividend) provides some support.
Positive Factors
High profit margins
Sustained high EBITDA and net margins indicate strong underlying project economics and cost structure. Over a multi-month horizon, robust margins provide a cushion against revenue shocks, support reinvestment in projects, and increase the firm's ability to fund operations or maintain payouts despite cyclical swings in generation or prices.
Negative Factors
Steep revenue decline
A marked revenue contraction undermines earnings sustainability even with strong margins. Over 2–6 months this trend raises questions about asset availability, contract rolloffs, or portfolio shrinkage; continued top‑line weakness can erode economies of scale and pressure future margin and investment plans.
Read all positive and negative factors
Positive Factors
Negative Factors
High profit margins
Sustained high EBITDA and net margins indicate strong underlying project economics and cost structure. Over a multi-month horizon, robust margins provide a cushion against revenue shocks, support reinvestment in projects, and increase the firm's ability to fund operations or maintain payouts despite cyclical swings in generation or prices.
Read all positive factors

Corporacion Acciona Energias Renovables SA (ANE) vs. iShares MSCI Spain ETF (EWP)

Corporacion Acciona Energias Renovables SA Business Overview & Revenue Model

Company Description
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, hydraul...
How the Company Makes Money
ANE makes money primarily by generating and selling electricity produced by its renewable energy assets. Its key revenue stream is power sales into wholesale electricity markets and/or under contracted arrangements (e.g., long-term power purchase ...

Corporacion Acciona Energias Renovables SA Financial Statement Overview

Summary
Strong profitability (2025 net margin ~22%, EBITDA margin ~52%) and improving leverage (debt-to-equity ~0.81) are positives, but a sharp 2025 revenue decline (~-35% YoY) and persistently negative free cash flow (2025 ~-€596M; weak cash conversion with OCF/net income ~0.21) materially raise sustainability and funding risk.
Income Statement
63
Positive
Balance Sheet
56
Neutral
Cash Flow
34
Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue4.53B2.92B3.05B3.98B4.69B2.47B
Gross Profit2.53B918.00M1.19B2.08B2.28B1.26B
EBITDA1.53B1.51B1.08B1.41B1.60B1.02B
Net Income747.00M655.00M357.00M524.00M759.00M363.00M
Balance Sheet
Total Assets15.15B14.72B16.24B14.67B12.26B10.65B
Cash, Cash Equivalents and Short-Term Investments450.00M499.00M619.00M825.00M804.00M791.77M
Total Debt5.38B4.71B5.44B5.01B3.04B3.00B
Total Liabilities8.96B8.54B10.01B8.33B6.00B5.30B
Stockholders Equity5.83B5.84B5.84B5.85B5.87B4.98B
Cash Flow
Free Cash Flow-835.00M-596.00M-949.00M-1.54B212.00M144.56M
Operating Cash Flow558.00M383.00M681.00M364.00M1.34B865.97M
Investing Cash Flow-478.00M412.00M-1.45B-1.90B-1.24B-707.50M
Financing Cash Flow-154.00M-843.00M522.00M1.66B-114.00M-7.80M

Corporacion Acciona Energias Renovables SA Technical Analysis

Technical Analysis Sentiment
Positive
Last Price21.78
Price Trends
50DMA
21.78
Positive
100DMA
21.78
Positive
200DMA
22.34
Positive
Market Momentum
MACD
0.51
Negative
RSI
56.48
Neutral
STOCH
63.43
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ES:ANE, the sentiment is Positive. The current price of 21.78 is below the 20-day moving average (MA) of 22.82, below the 50-day MA of 21.78, and below the 200-day MA of 22.34, indicating a bullish trend. The MACD of 0.51 indicates Negative momentum. The RSI at 56.48 is Neutral, neither overbought nor oversold. The STOCH value of 63.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ES:ANE.

Corporacion Acciona Energias Renovables SA Peers Comparison

Overall Rating
UnderperformOutperform
Sector (66)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
66
Neutral
$17.65B18.105.60%3.62%6.62%11.55%
62
Neutral
€3.31B-331.2019.85%60.51%57.02%
52
Neutral
€7.59B10.30%2.02%-4.04%83.38%
48
Neutral
€621.20M-85.2517.10%5.20%-5.37%-67.59%
* Utilities Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
ES:ANE
Corporacion Acciona Energias Renovables SA
23.02
5.36
30.33%
ES:ADX
Audax Renovables SA
1.35
-0.15
-10.27%
ES:SLR
Solaria Energia y Medio Ambiente
23.35
16.53
242.48%
ES:HLZ
Holaluz Clidom SA
0.82
-0.40
-32.79%
ES:ENER
Grupo Ecoener SAU
4.55
-0.24
-5.01%
ES:ETC
Energy Solar Tech, S.A.
2.23
-0.44
-16.48%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Mar 05, 2026