Grenergy Renovables S.A (GRE) AI Stock Analysis

• Market Cap: €1.78B
• Dividend Yield: N/A
• Average Volume (3M): 125.65K
• Price to Earnings (P/E): 21.8
• Beta (1Y): 0.42
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: ES
• Employees: 625
• Sector: Energy
• Sector Strength: 53
• Industry: Industrial - Machinery
• EPS (TTM): 1.11
• Shares Outstanding: 28,579,733
• 10 Day Avg. Volume: 51,970
• 30 Day Avg. Volume: 125,654
• PEG Ratio: -1.86
• Price to Book (P/B): 3.40
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.49
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €80.50
• Price Target Upside: 23.85% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 69 Neutral
• Price Target: €66.00 ▲(1.54%Upside)

Grenergy Renovables S.A. is supported by strong financial performance, especially in revenue and profit growth with robust margins. However, the company's high leverage and negative free cash flow pose risks. Technical indicators suggest a generally positive trend, though with some caution. The stock's valuation is moderate, providing a balanced outlook overall.

Grenergy Renovables S.A Business Overview & Revenue Model

Company Description

Grenergy Renovables, S.A., together with its subsidiaries, operates as an independent energy producer. The company operates through Development and Construction, Energy, and Services divisions. It designs, develops, constructs, and operates photovoltaic and wind energy projects. The company's activities include promotion and commercialization of renewable energy installations; production of electric energy; management and operation renewable energy installations; and asset management services. It has operations in Chile, Mexico, Peru, Colombia, Argentina, Italy, and Spain. The company was incorporated in 2007 and is based in Madrid, Spain. Grenergy Renovables, S.A. is a subsidiary of Daruan Group Holding, S.L.

How the Company Makes Money

Grenergy Renovables S.A. generates revenue through the development, construction, and sale of solar and wind energy projects. The company's primary revenue streams include selling electricity generated from its renewable energy plants to national grids and third-party clients, as well as Engineering, Procurement, and Construction (EPC) services for renewable energy projects. Additionally, Grenergy engages in the sale of developed projects to investors, which provides significant capital inflow. Strategic partnerships with financial institutions, investors, and local governments further bolster its revenue model by facilitating project financing and expansion opportunities.

Grenergy Renovables S.A Financial Statement Overview

Summary

Grenergy Renovables S.A. shows strong revenue and profit growth, with robust margins and operational efficiency. High leverage and negative free cash flow present potential risks, requiring focus on cash flow improvement and debt management.

Income Statement

Grenergy Renovables S.A. has demonstrated strong revenue growth from 2023 to 2024 with a significant increase in total revenue. The gross profit margin is robust, indicating effective cost management. EBIT and EBITDA margins are healthy, highlighting operational efficiency. Net profit margin shows improvement, reflecting rising profitability.

Balance Sheet

The company's balance sheet shows a high debt-to-equity ratio, suggesting potential leverage risk. However, return on equity is commendable, indicating effective use of equity to generate profits. The equity ratio is moderate, reflecting a balanced capital structure.

Cash Flow

While free cash flow remains negative, there is a notable improvement in operating cash flow relative to net income, suggesting better cash management. However, the free cash flow to net income ratio is concerning, indicating ongoing challenges in translating profits into free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	366.59M	531.58M	179.14M	110.58M	82.51M	73.39M
Gross Profit	155.65M	192.04M	144.26M	71.49M	55.05M	33.96M
EBITDA	112.16M	143.97M	105.31M	41.68M	34.92M	19.19M
Net Income	47.63M	59.82M	51.07M	10.30M	16.31M	15.23M
Balance Sheet
Total Assets	1.45B	1.88B	1.27B	886.98M	604.81M	258.20M
Cash, Cash Equivalents and Short-Term Investments	130.93M	375.02M	122.03M	106.88M	68.67M	20.57M
Total Debt	921.92M	1.01B	752.21M	445.87M	311.86M	149.85M
Total Liabilities	1.08B	1.40B	922.61M	642.17M	446.10M	209.36M
Stockholders Equity	369.57M	473.98M	343.97M	245.05M	159.32M	49.20M
Cash Flow
Free Cash Flow	-293.66M	-298.07M	-333.11M	-151.58M	-184.43M	-88.65M
Operating Cash Flow	-38.46M	350.72M	33.23M	38.40M	13.73M	-8.33M
Investing Cash Flow	-112.64M	-301.29M	-268.71M	-199.24M	-200.63M	-79.66M
Financing Cash Flow	159.89M	219.07M	254.28M	199.74M	235.32M	75.22M

Grenergy Renovables S.A Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 65.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ES:GRE, the sentiment is Positive. The current price of 65 is above the 20-day moving average (MA) of 63.82, above the 50-day MA of 59.82, and above the 200-day MA of 41.26, indicating a bullish trend. The MACD of 0.53 indicates Positive momentum. The RSI at 58.79 is Neutral, neither overbought nor oversold. The STOCH value of 69.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ES:GRE.

Grenergy Renovables S.A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GRE	69 Neutral	€1.78B	21.82		―	―	―
Sector *	52 Neutral	C$2.91B	-1.09	-3.26%	6.12%	5.32%	-43.41%
0H4K		€8.80B	20.78	8.59%	3.13%	―	―
0K96		€696.08M	27.45	4.36%	4.60%	―	―
0KCD		€1.31B	11.02	19.50%	―	―	―
0MKT		€1.58B	16.44	17.19%	―	―	―
5PZ		€158.98M	―	-167.81%	―	―	―

Grenergy Renovables S.A Corporate Events

Grenergy Raises €96 Million in Oversubscribed Share Placement

Grenergy Renovables S.A. has completed a private placement of approximately 1.57 million ordinary shares, representing about 5.52% of its share capital, raising €96,245,190. The placement was oversubscribed and aimed at qualified investors, with major international investors participating. The main seller, Daruan Group Holding, S.L., and company executives have agreed to a 90-day lock-up period on the remaining shares, indicating confidence in the company’s future prospects.

The most recent analyst rating on (ES:GRE) stock is a Buy with a EUR70.00 price target. To see the full list of analyst forecasts on Grenergy Renovables S.A stock, see the ES:GRE Stock Forecast page.

Grenergy Renovables to Boost Share Liquidity Through Private Placement

Grenergy Renovables S.A. has announced a potential private placement of shares by its main shareholder, Daruan Group Holding, and a group of senior executives. This move is intended to enhance the liquidity of the company’s stock and support its inclusion in stock indices. The main shareholder plans to sell up to 4.68% of the company’s share capital while maintaining a majority stake, and the executives aim to cover costs related to their incentive plans. The placement process will be conducted through an accelerated bookbuilding process, with the price to be determined subsequently.

The most recent analyst rating on (ES:GRE) stock is a Buy with a EUR70.00 price target. To see the full list of analyst forecasts on Grenergy Renovables S.A stock, see the ES:GRE Stock Forecast page.

Grenergy Renovables S.A. Releases Financial Presentation with Forward-Looking Insights

Grenergy Renovables S.A. has released a presentation that provides financial information about its business and assets, although this information has not been independently verified. The presentation includes forward-looking statements that involve risks and uncertainties, which could impact the company’s future operations and financial outcomes. Stakeholders are advised to consider these factors when evaluating the company’s market positioning and potential growth.

The most recent analyst rating on (ES:GRE) stock is a Buy with a EUR70.00 price target. To see the full list of analyst forecasts on Grenergy Renovables S.A stock, see the ES:GRE Stock Forecast page.

Grenergy’s Financial Presentation Highlights Data Caution

The presentation by Grenergy Renovables S.A. outlines financial information and market data, but it is accompanied by disclaimers regarding the accuracy and completeness of the data. The document emphasizes that the information should not be relied upon for investment decisions and highlights potential risks and uncertainties in forward-looking statements.

The most recent analyst rating on (ES:GRE) stock is a Buy with a EUR70.00 price target. To see the full list of analyst forecasts on Grenergy Renovables S.A stock, see the ES:GRE Stock Forecast page.